Summary
OVS Projects is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €18,600 and a net result of €46,536. Equity is shrinking by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 27% of 8091 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-03-2026, 126 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
126 d early
2024
141 d early
2023
26 d early
2022
34 d early
2021
41 d early
2020
40 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 64 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€18,600=
2024 · €18,600
Net result
€46,536▼ 9.9%
2024 · €51,628
Total assets
€79,937▲ 3.8%
2024 · €76,987
Solvency
23.3%▼ 0.9pp
2024 · 24.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€27,314▼ 4.8%€28,299▲ 3.6%€43,180▲ 52.6%€68,280▲ 58.1%€62,149▼ 9.0%
Net result€20,744within the sector's middle half▼ 2.7%€20,580within the sector's middle half▼ 0.8%€32,005within the sector's middle half▲ 55.5%€51,628within the sector's middle half▲ 61.3%€46,536within the sector's middle half▼ 9.9%
Equity€94,434within the sector's middle half▲ 28.2%€85,603within the sector's middle half▼ 9.4%€78,784within the sector's middle half▼ 8.0%€18,600below the sector's middle half▼ 76.4%€18,600below the sector's middle half=
Total assets€98,086below the sector's middle half▲ 9.3%€93,423below the sector's middle half▼ 4.8%€89,949below the sector's middle half▼ 3.7%€76,987below the sector's middle half▼ 14.4%€79,937below the sector's middle half▲ 3.8%
Debt€3,651▼ 77.3%€7,820▲ 114%€11,164▲ 42.8%€58,387▲ 423%€61,337▲ 5.1%
Working capital€81,564within the sector's middle half▲ 14.2%€59,180within the sector's middle half▼ 27.4%€45,909within the sector's middle half▼ 22.4%-€4,148within the sector's middle half€8,108within the sector's middle half
Solvency96.3%above the sector's middle half▲ 14.2pp91.6%above the sector's middle half▼ 4.6pp87.6%above the sector's middle half▼ 4.0pp24.2%within the sector's middle half▼ 63.4pp23.3%within the sector's middle half▼ 0.9pp
Current ratio23.34above the sector's middle half▲ 17.898.57above the sector's middle half▼ 14.775.11above the sector's middle half▼ 3.460.93within the sector's middle half▼ 4.181.13within the sector's middle half▲ 0.20
Return on assets (ROA)21.1%within the sector's middle half▼ 2.6pp22.0%within the sector's middle half▲ 0.9pp35.6%above the sector's middle half▲ 13.6pp67.1%above the sector's middle half▲ 31.5pp58.2%above the sector's middle half▼ 8.8pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79,937
Fixed assets
€10,492 ▼ 53.9%
Current assets
€69,445 ▲ 28.0%
Equity and liabilities €79,937
Equity
€18,600 =
Debt
€61,337 ▲ 5.1%
Debt's share of the balance-sheet total rises from 75.8% to 76.7%. Debt is higher.
Key figures and ratios
ROE
250.2%▼
2024 · 277.6%
Debt ≤ 1 year
€61,337▲
2024 · €58,387
Income taxes
€13,004▼
2024 · €15,376
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,942 | €4,832 | €7,937 | €10,127 | €7,459 | ▼ 26.4% |
| Other operating charges640/8 | €980 | €1,436 | €1,294 | €968 | €1,137 | ▲ 17.4% |
| Gross operating margin9900 | €30,236 | €34,567 | €52,411 | €79,376 | €70,744 | ▼ 10.9% |
| Operating profit (loss)9901 | €27,314 | €28,299 | €43,180 | €68,280 | €62,149 | ▼ 9.0% |
| Financial charges65/66B | €402 | €310 | €886 | €1,276 | €2,608 | ▲ 104% |
| Recurring financial charges65 | €402 | €310 | €886 | €1,276 | €2,608 | ▲ 104% |
| Profit (loss) for the period before taxes9903 | €26,912 | €27,990 | €42,294 | €67,005 | €59,541 | ▼ 11.1% |
| Income taxes67/77 | €6,168 | €7,410 | €10,288 | €15,376 | €13,004 | ▼ 15.4% |
| Profit (loss) for the period9904 | €20,744 | €20,580 | €32,005 | €51,628 | €46,536 | ▼ 9.9% |
| Profit (loss) for the period to be appropriated9905 | €20,744 | €20,580 | €32,005 | €51,628 | €46,536 | ▼ 9.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €98,086 | €93,423 | €89,949 | €76,987 | €79,937 | ▲ 3.8% |
| Fixed assets21/28 | €12,870 | €26,423 | €32,875 | €22,748 | €10,492 | ▼ 53.9% |
| Tangible fixed assets22/27 | €12,870 | €26,423 | €32,875 | €22,748 | €10,492 | ▼ 53.9% |
| Furniture and vehicles24 | €8,379 | €18,834 | €24,576 | €16,828 | €6,952 | ▼ 58.7% |
| Other tangible fixed assets26 | €4,492 | €7,589 | €8,299 | €5,920 | €3,540 | ▼ 40.2% |
| Current assets29/58 | €85,216 | €67,000 | €57,074 | €54,239 | €69,445 | ▲ 28.0% |
| Amounts receivable within one year40/41 | €2,974 | €17,030 | €20,496 | €20,836 | €38,397 | ▲ 84.3% |
| Trade receivables40 | €1,642 | €16,940 | €20,496 | €20,836 | €38,371 | ▲ 84.2% |
| Other amounts receivable41 | €1,332 | €90 | €0 | - | €27 | - |
| Cash at bank and in hand54/58 | €81,281 | €47,361 | €33,569 | €30,810 | €28,453 | ▼ 7.7% |
| Deferred charges and accrued income490/1 | €960 | €2,609 | €3,008 | €2,593 | €2,595 | ▲ 0.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €98,086 | €93,423 | €89,949 | €76,987 | €79,937 | ▲ 3.8% |
| Equity10/15 | €94,434 | €85,603 | €78,784 | €18,600 | €18,600 | = |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €75,834 | €67,003 | €60,184 | €0 | - | - |
| Non-distributable reserves130/1 | €1,860 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €0 | - | - | - | - |
| Distributable reserves133 | €73,974 | €67,003 | €60,184 | €0 | - | - |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €3,651 | €7,820 | €11,164 | €58,387 | €61,337 | ▲ 5.1% |
| Amounts payable within one year42/48 | €3,651 | €7,820 | €11,164 | €58,387 | €61,337 | ▲ 5.1% |
| Trade debts44 | €1,303 | €908 | €5,006 | €2,841 | €2,010 | ▼ 29.2% |
| Suppliers440/4 | €1,303 | €908 | €5,006 | €2,841 | €2,010 | ▼ 29.2% |
| Taxes, remuneration and social security45 | €1,874 | €4,368 | €3,061 | €3,854 | €14,517 | ▲ 277% |
| Taxes450/3 | €1,874 | €4,368 | €3,061 | €3,854 | €14,517 | ▲ 277% |
| Other amounts payable47/48 | €475 | €2,544 | €3,097 | €51,692 | €44,810 | ▼ 13.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,744 | €20,580 | €32,005 | €51,628 | €46,536 | ▼ 9.9% |
| + Depreciation and write-downs630 | €1,942 | €4,832 | €7,937 | €10,127 | €7,459 | ▼ 26.4% |
| Operating cash flow (approximation) | €22,686 | €25,412 | €39,942 | €61,755 | €53,995 | ▼ 12.6% |
| Investment in fixed assets (approximation) | - | -€18,384 | -€14,389 | €0 | €4,797 | - |
| Change in cash | - | -€33,921 | -€13,791 | -€2,759 | -€2,357 | ▲ 14.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €51,628 ▲61.3%
Operating result €68,280, net result €51,628, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €20,580 ▼0.8%
Net result drops to €20,580, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 23.34
Current ratio from 5.45 to 23.34; short-term debt falls from €16,061 to €3,651.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bornem · 1 establishment unit since 2018
Ground area
681 m²
Building footprint
171 m²
Parcel 12038A0129/00V000, Flanders. Linked by address, not a title deed.
1 establishment unit
OVS Projects
since 20182.280.414.372
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12038A0129/00V000 | Flanders | 681 m² | 1 · 171 m² | 0.0 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 7,170 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
47551Retail sale of household furniture
47559Retail sale of other household articles
70200Business and other management consultancy
71112Activities of interior architects
74130Interior design
E-invoicing
Reachable via Peppol
Peppol ID
0208:0707637962
Also
9925:BE0707637962
Registered
24-11-2023
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.