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OVITECH

Active
Private limited companyfounded 2025active for 1 yearAlsembergsesteenweg 897, 1180 Uccle, BelgiumKBO/BCE: BE 1020.945.586

Financials · financial year 2025, micro format, 2026 accounts filed

2026 annual accounts filed 4 days after the deadline Filed on 4 November 2026, deadline 31 October 2026 (7 months after the close on 31 March 2026, Companies Code art. 3:10). Source: NBB, 2026-00601171.

Annual accounts 2026 filed on 04-11-2026 at the NBB all 2 filings

The figures for financial year 2026 will follow.

Equity
€3,965
Total assets
€5,000
Net result
-€1,035
Working capital
€3,965

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Equity and liabilities €5,000
Equity €3,965
Debt €1,035
Debt's share of the balance-sheet total is 20.7%.
Key figures and ratios
2025 value
Current ratio
4.83
Debt to equity
0.26
ROE
-26.1%
ROA
-20.7%
Debt ≤ 1 year
€1,035
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 17 lines
Balance sheet Code2025
Assets
Total assets20/58€5,000
Current assets29/58€5,000
Cash at bank and in hand54/58€5,000
Equity and liabilities
Total equity and liabilities10/49€5,000
Equity10/15€3,965
Contributions10/11€5,000
Profit (loss) carried forward14-€1,035
Amounts payable17/49€1,035
Amounts payable within one year42/48€1,035
Trade debts44€1,035
Suppliers440/4€1,035
Income statement Code2025
Gross operating margin9900-€1,035
Operating profit (loss)9901-€1,035
Profit (loss) for the period before taxes9903-€1,035
Profit (loss) for the period9904-€1,035
Profit (loss) for the period to be appropriated9905-€1,035
Appropriation of the result
Profit (loss) to be appropriated9906-€1,035

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-10-2025.

Line2025
Gross operating margin9900-€1,035
Operating profit (loss)9901-€1,035
Profit (loss) for the period before taxes9903-€1,035
Profit (loss) for the period9904-€1,035
Profit (loss) for the period to be appropriated9905-€1,035
Line2025
Assets
Total assets20/58€5,000
Current assets29/58€5,000
Cash at bank and in hand54/58€5,000
Equity and liabilities
Total equity and liabilities10/49€5,000
Equity10/15€3,965
Contributions10/11€5,000
Profit (loss) carried forward14-€1,035
Amounts payable17/49€1,035
Amounts payable within one year42/48€1,035
Trade debts44€1,035
Suppliers440/4€1,035
Line2025
Profit (loss) for the period9904-€1,035
Operating cash flow (approximation)-€1,035

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 584 companies had the same profile as OVITECH has now. Two years later, 92.5% were still going and 1.4% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
92.5% was still going
6.0% stopped otherwise
1.4% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of OVITECH itself is higher: 4.2% within 12 months. It rests on far more data about OVITECH than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 584 companies, not a prediction for OVITECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-03-2026 micro format 04-11-2026 2026-00601171 PDF
31-03-2025 micro format 31-10-2025 2025-00555808 PDF

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