OVS-Technics
ActiveSummary
OVS-Technics has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105k and a net result of €20k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▼-14
Solvency43▼-20
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 2.49 in 2024; short-term debt: 18% and cash: 13.3% of total assets), but 81.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.4%
Return on assets
3.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
22 d late
2023
23 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
38 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, micro schema
Equity
€105k▲ 4.1%
2024 · €100k
Total assets
€568k▲ 118%
2024 · €261k
Net result
€20k▲ 34.4%
2024 · €15k
Working capital
€76k▼ 3.0%
2024 · €78k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22k▲ 93.4%€64k▲ 195%€24k▼ 62.4%€22k▼ 8.8%€34k▲ 53.9%
Net result€16k▲ 80.5%€46k▲ 191%€18k▼ 61.3%€15k▼ 16.6%€20k▲ 34.4%
Equity€73k▲ 10.7%€104k▲ 43.1%€94k▼ 9.7%€100k▲ 6.6%€105k▲ 4.1%
Total assets€131k▲ 15.3%€188k▲ 43.5%€236k▲ 26.1%€261k▲ 10.3%€568k▲ 118%
Debt€58k▲ 21.7%€83k▲ 44.0%€142k▲ 70.8%€160k▲ 12.8%€463k▲ 189%
Working capital€71k▲ 11.2%€103k▲ 45.5%€90k▼ 12.2%€78k▼ 13.7%€76k▼ 3.0%
Staff (FTE)1.5=1.5=1.9▲ 26.7%2.5▲ 31.6%2.5=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 54% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €568k
Fixed assets
€390k ▲ 198%
Current assets
€178k ▲ 36.5%
Equity and liabilities €568k
Equity
€105k ▲ 4.1%
Debt
€463k ▲ 189%
Debt's share of the balance-sheet total rises from 61.5% to 81.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43k▲
2024 · €40k
Cash flow
€29k▼
2024 · €33k
Current ratio
1.74▼
2024 · 2.49
Debt to equity
4.43▲
2024 · 1.60
ROE
19.0%▲
2024 · 14.7%
ROA
3.5%▼
2024 · 5.7%
Interest coverage
4.72▼
2024 · 20.29
Debt ≤ 1 year
€102k▲
2024 · €52k
Debt > 1 year
€361k▲
2024 · €108k
Income taxes
€6k▼
2024 · €8k
Staff costs
€132k▲
2024 · €80k
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2k | - |
| Remuneration, social security and pensions62 | €74k | €78k | €80k | €80k | €132k | ▲ 64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €700 | €700 | €773 | €18k | €9k | ▼ 51.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €3k | €0 | ▼ 100% |
| Other operating charges640/8 | €2k | €2k | €2k | €1k | €21k | ▲ 1,552% |
| Non-recurring operating charges66A | - | - | €2k | €0 | - | - |
| Gross operating margin9900 | €98k | €145k | €108k | €125k | €196k | ▲ 56.5% |
| Operating profit (loss)9901 | €22k | €64k | €24k | €22k | €34k | ▲ 53.9% |
| Financial income75/76B | €2k | €9k | €3k | €3k | €1k | ▼ 48.4% |
| Recurring financial income75 | €2k | €9k | €3k | €3k | €1k | ▼ 48.4% |
| Financial charges65/66B | €476 | €952 | €708 | €2k | €9k | ▲ 354% |
| Recurring financial charges65 | €476 | €952 | €708 | €2k | €9k | ▲ 354% |
| Profit (loss) for the period before taxes9903 | €23k | €71k | €27k | €23k | €26k | ▲ 15.0% |
| Income taxes67/77 | €7k | €26k | €9k | €8k | €6k | ▼ 21.0% |
| Profit (loss) for the period9904 | €16k | €46k | €18k | €15k | €20k | ▲ 34.4% |
| Profit (loss) for the period to be appropriated9905 | €16k | €46k | €18k | €15k | €20k | ▲ 34.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131k | €188k | €236k | €261k | €568k | ▲ 118% |
| Fixed assets21/28 | €2k | €2k | €4k | €131k | €390k | ▲ 198% |
| Tangible fixed assets22/27 | €2k | €2k | €4k | €131k | €389k | ▲ 198% |
| Land and buildings22 | - | - | - | €128k | €388k | ▲ 203% |
| Furniture and vehicles24 | €2k | €2k | €4k | €3k | €922 | ▼ 63.2% |
| Financial fixed assets28 | - | - | - | - | €400 | - |
| Current assets29/58 | €128k | €186k | €233k | €130k | €178k | ▲ 36.5% |
| Amounts receivable after more than one year29 | €25k | €25k | €25k | €0 | - | - |
| Other amounts receivable291 | €25k | €25k | €25k | €0 | - | - |
| Stocks and contracts in progress3 | €7k | €0 | - | - | - | - |
| Stocks30/36 | €7k | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €63k | €101k | €125k | €69k | €95k | ▲ 36.8% |
| Trade receivables40 | €33k | €54k | €78k | €44k | €68k | ▲ 53.4% |
| Other amounts receivable41 | €30k | €48k | €47k | €25k | €27k | ▲ 7.2% |
| Cash at bank and in hand54/58 | €29k | €56k | €75k | €57k | €75k | ▲ 32.6% |
| Deferred charges and accrued income490/1 | €4k | €4k | €7k | €4k | €8k | ▲ 85.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131k | €188k | €236k | €261k | €568k | ▲ 118% |
| Equity10/15 | €73k | €104k | €94k | €100k | €105k | ▲ 4.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €66k | €98k | €88k | €94k | €98k | ▲ 4.4% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €65k | €96k | €88k | €94k | €98k | ▲ 4.4% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €58k | €83k | €142k | €160k | €463k | ▲ 189% |
| Amounts payable after more than one year17 | €0 | - | - | €108k | €361k | ▲ 233% |
| Financial debts170/4 | €0 | - | - | €108k | €361k | ▲ 233% |
| Amounts payable within one year42/48 | €58k | €83k | €142k | €52k | €102k | ▲ 95.5% |
| Current portion of amounts payable after more than one year42 | €635 | €0 | - | €3k | €20k | ▲ 474% |
| Financial debts43 | €0 | - | €3k | €885 | €1k | ▲ 64.5% |
| Credit institutions430/8 | €0 | - | €3k | €885 | €1k | ▲ 64.5% |
| Trade debts44 | €36k | €27k | €66k | €24k | €45k | ▲ 89.0% |
| Suppliers440/4 | €36k | €27k | €66k | €24k | €45k | ▲ 89.0% |
| Advances received on contracts in progress46 | €5k | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €7k | €42k | €45k | €16k | €20k | ▲ 29.9% |
| Taxes450/3 | €3k | €28k | €33k | €6k | €8k | ▲ 21.0% |
| Remuneration and social security454/9 | €4k | €14k | €13k | €9k | €12k | ▲ 36.1% |
| Other amounts payable47/48 | €9k | €14k | €28k | €9k | €16k | ▲ 83.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €46k | €18k | €15k | €20k | ▲ 34.4% |
| + Depreciation and write-downs630 | €700 | €700 | €773 | €18k | €9k | ▼ 51.8% |
| Operating cash flow (approximation) | €16k | €46k | €18k | €33k | €29k | ▼ 13.3% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €-145k | €-268k | ▼ 84.7% |
| Change in cash | - | €27k | €19k | €-19k | €18k | ▲ 200% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Equity above €100kEq €100k ▲6.6%
7 profitable years in a row build equity to €100k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €46k ▲191%
Operating result €64k, net result €46k, both a record.
31-12
Financial
Equity above €100kEq €104k ▲43.1%
5 profitable years in a row build equity to €104k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial
Weakest financial yearnet €9k ▼78%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Knokke-Heist · 1 establishment unit since 2016
Ground area
230 m²
Building footprint
92 m²
Volume, LiDAR
354 m³
Parcel 31333I0755/00T000, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
OVS-Technics
since 20162.254.202.103
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31333I0755/00T000 | Flanders | 229 m² | 1 · 92 m² | 8.4 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 156 EUR awarded · 156 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 156 EUR | 156 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
ITC EAC
BE 0736.672.141
Sint-Agatha-Berchem · Eq €104,540
JNC ENGINEERING
BE 0478.269.584
Ledegem · Eq €104,587
VOLTECH
BE 0476.253.667
Ukkel · Eq €104,601
PROLIGHT SYSTEMS
BE 0458.720.621
Antwerpen · Eq €104,432
AD Blasting
BE 0540.734.913
Anderlues · Eq €104,672
Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,789 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
Founded02-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33140Repair and maintenance of electrical equipment
43212Electrical installation work in industrial facilities
Scores and ratios are computed by Checked and are not a credit decision.