OVX
ActiveSummary
OVX has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €12k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 26% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability60▼-11
Solvency49▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.14 in 2024; short-term debt: 75.3% and cash: 25.2% of total assets), and 76.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
23.6%
Return on assets
8.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €31k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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 · 7 filingsDeviation from the deadline
2025
39 d late
2024
19 d late
2023
7 d early
2022
70 d late
2021
30 d late
2020
38 d early
2019
21 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
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 61.1%
2024 · €19k
2019: €15klowest in 7 years
2020: €28k▲ +87.2% vs 2019
2021: €36k▲ +25.5% vs 2020highest in 7 years
2022: €31k▼ -13.4% vs 2021
2023: €17k▼ -45.1% vs 2022
2024: €19k▲ +13.7% vs 2023
2025: €31k▲ +61.1% vs 2024
2019 → 2025
Total assets
€132k▼ 0.9%
2024 · €133k
2019: €32klowest in 7 years
2020: €55k▲ +71.4% vs 2019
2021: €72k▲ +31.2% vs 2020
2022: €158k▲ +120% vs 2021highest in 7 years
2023: €55k▼ -65.2% vs 2022
2024: €133k▲ +143% vs 2023
2025: €132k▼ -0.9% vs 2024
2019 → 2025
Net result
€12k▲ 406%
2024 · €2k
2019: €3k
2020: €661▼ -76.4% vs 2019
2021: €7k▲ +997% vs 2020
2022: €-5k▼ -166% vs 2021
2023: €-14k▼ -191% vs 2022lowest in 7 years
2024: €2k▲ +117% vs 2023
2025: €12k▲ +406% vs 2024highest in 7 years
2019 → 2025
Working capital
€28k▲ 71.0%
2024 · €16k
2019: €12k
2020: €27k▲ +118% vs 2019
2021: €27k▼ -1.5% vs 2020
2022: €-53k▼ -300% vs 2021lowest in 7 years
2023: €15k▲ +128% vs 2022
2024: €16k▲ +7.7% vs 2023
2025: €28k▲ +71.0% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€31k▼ 13.4%€17k▼ 45.1%€19k▲ 13.7%€31k▲ 61.1%
2021: €36khighest in 5 years
2022: €31k▼ -13.4% vs 2021
2023: €17k▼ -45.1% vs 2022lowest in 5 years
2024: €19k▲ +13.7% vs 2023
2025: €31k▲ +61.1% vs 2024
Operating result€10k-€-3k€-13k▼ 276%€3k€27k▲ 704%
2021: €10k
2022: €-3k▼ -133% vs 2021
2023: €-13k▼ -276% vs 2022lowest in 5 years
2024: €3k▲ +126% vs 2023
2025: €27k▲ +704% vs 2024highest in 5 years
Net result€7k-€-5k€-14k▼ 191%€2k€12k▲ 406%
2021: €7k
2022: €-5k▼ -166% vs 2021
2023: €-14k▼ -191% vs 2022lowest in 5 years
2024: €2k▲ +117% vs 2023
2025: €12k▲ +406% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 704% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132k
Fixed assets
€5k ▲ 55.9%
Current assets
€127k ▼ 2.2%
Equity and liabilities €132k
Equity
€31k ▲ 61.1%
Debt
€101k ▼ 11.4%
Debt's share of the balance-sheet total falls from 85.5% to 76.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▲
2024 · €8k
Cash flow
€14k▲
2024 · €7k
Current ratio
1.28▲
2024 · 1.14
Quick ratio
1.14▲
2024 · 0.91
Debt to equity
3.24▼
2024 · 5.89
ROE
37.9%▲
2024 · 12.1%
ROA
8.9%▲
2024 · 1.8%
Interest coverage
3.58▼
2024 · 8.13
Debt ≤ 1 year
€99k▼
2024 · €114k
Income taxes
€7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€133k€132k▼
Fixed assets21/28€3k€5k▲
Tangible fixed assets22/27€3k€5k▲
Furniture and vehicles24€3k€5k▲
Current assets29/58€130k€127k▼
Stocks and contracts in progress3€27k€13k▼
Stocks30/36€27k€13k▼
Amounts receivable within one year40/41€81k€79k▼
Trade receivables40€8k€9k▲
Other amounts receivable41€73k€70k▼
Cash at bank and in hand54/58€21k€33k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€133k€132k▼
Equity10/15€19k€31k▲
Contributions10/11€0-
Reserves13€38k€31k▼
Non-distributable reserves130/1€25k€25k=
Reserves not available under the articles1311€25k€25k=
Distributable reserves133€13k€6k▼
Profit (loss) carried forward14€-19k€0▲
Amounts payable17/49€114k€101k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€114k€99k▼
Current portion of amounts payable after more than one year42€3k€0▼
Trade debts44€12k€5k▼
Suppliers440/4€12k€5k▼
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€6k€10k▲
Other amounts payable47/48€93k€85k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€11k€30k▲
Operating profit (loss)9901€3k€27k▲
Financial income75/76B-€71
Recurring financial income75-€71
Financial charges65/66B€981€8k▲
Recurring financial charges65€981€8k▲
Profit (loss) for the period before taxes9903€2k€19k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€2k€12k▲
Profit (loss) for the period to be appropriated9905€2k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-7k▲
Profit (loss) brought forward from the previous period14P€-19k€-19k=
Transfer from equity791/2-€7k
Transfer to equity691/2€2k€0▼
To other reserves6921€2k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €10k | €10k | €5k | €2k | ▼ 59.2% |
| Other operating charges640/8 | €1k | €1k | €2k | €3k | €2k | ▼ 38.6% |
| Gross operating margin9900 | €18k | €7k | €-1k | €11k | €30k | ▲ 184% |
| Operating profit (loss)9901 | €10k | €-3k | €-13k | €3k | €27k | ▲ 704% |
| Financial income75/76B | - | €1 | €0 | - | €71 | - |
| Recurring financial income75 | - | €1 | €0 | - | €71 | - |
| Financial charges65/66B | €1k | €1k | €1k | €981 | €8k | ▲ 713% |
| Recurring financial charges65 | €1k | €1k | €1k | €981 | €8k | ▲ 713% |
| Profit (loss) for the period before taxes9903 | €9k | €-5k | €-14k | €2k | €19k | ▲ 703% |
| Income taxes67/77 | €2k | €0 | - | - | €7k | - |
| Profit (loss) for the period9904 | €7k | €-5k | €-14k | €2k | €12k | ▲ 406% |
| Profit (loss) for the period to be appropriated9905 | €7k | €-5k | €-14k | €2k | €12k | ▲ 406% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72k | €158k | €55k | €133k | €132k | ▼ 0.9% |
| Fixed assets21/28 | €23k | €93k | €5k | €3k | €5k | ▲ 55.9% |
| Tangible fixed assets22/27 | €23k | €15k | €5k | €3k | €5k | ▲ 55.9% |
| Furniture and vehicles24 | €23k | €15k | €5k | €3k | €5k | ▲ 55.9% |
| Financial fixed assets28 | - | €78k | €0 | - | - | - |
| Current assets29/58 | €49k | €65k | €50k | €130k | €127k | ▼ 2.2% |
| Stocks and contracts in progress3 | €27k | €27k | €27k | €27k | €13k | ▼ 50.0% |
| Stocks30/36 | €27k | €27k | €27k | €27k | €13k | ▼ 50.0% |
| Amounts receivable within one year40/41 | €11k | €21k | €12k | €81k | €79k | ▼ 2.4% |
| Trade receivables40 | €8k | €19k | €8k | €8k | €9k | ▲ 6.1% |
| Other amounts receivable41 | €2k | €2k | €3k | €73k | €70k | ▼ 3.4% |
| Cash at bank and in hand54/58 | €11k | €15k | €12k | €21k | €33k | ▲ 56.0% |
| Deferred charges and accrued income490/1 | €207 | €2k | €94 | €1k | €2k | ▲ 45.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72k | €158k | €55k | €133k | €132k | ▼ 0.9% |
| Equity10/15 | €36k | €31k | €17k | €19k | €31k | ▲ 61.1% |
| Contributions10/11 | €25k | €25k | €25k | €0 | - | - |
| Reserves13 | €11k | €11k | €11k | €38k | €31k | ▼ 18.2% |
| Non-distributable reserves130/1 | - | - | - | €25k | €25k | = |
| Reserves not available under the articles1311 | - | - | - | €25k | €25k | = |
| Distributable reserves133 | €11k | €11k | €11k | €13k | €6k | ▼ 52.9% |
| Profit (loss) carried forward14 | - | €-5k | €-19k | €-19k | €0 | ▲ 100% |
| Amounts payable17/49 | €36k | €127k | €38k | €114k | €101k | ▼ 11.4% |
| Amounts payable after more than one year17 | €14k | €8k | €3k | €0 | - | - |
| Financial debts170/4 | €14k | €8k | €3k | €0 | - | - |
| Amounts payable within one year42/48 | €22k | €118k | €35k | €114k | €99k | ▼ 12.6% |
| Current portion of amounts payable after more than one year42 | €5k | €5k | €6k | €3k | €0 | ▼ 100% |
| Trade debts44 | €2k | €3k | €318 | €12k | €5k | ▼ 62.9% |
| Suppliers440/4 | €2k | €3k | €318 | €12k | €5k | ▼ 62.9% |
| Taxes, remuneration and social security45 | €3k | €5k | €4k | €6k | €10k | ▲ 83.3% |
| Taxes450/3 | €3k | €5k | €4k | €6k | €10k | ▲ 83.3% |
| Other amounts payable47/48 | €12k | €104k | €25k | €93k | €85k | ▼ 9.2% |
| Accrued charges and deferred income492/3 | - | €462 | €0 | - | €1k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €-5k | €-14k | €2k | €12k | ▲ 406% |
| + Depreciation and write-downs630 | €7k | €10k | €10k | €5k | €2k | ▼ 59.2% |
| Operating cash flow (approximation) | €14k | €5k | €-4k | €7k | €14k | ▲ 96.3% |
| Investment in fixed assets (approximation) | - | €-80k | €79k | €-3k | €-4k | ▼ 21.4% |
| Change in cash | - | €4k | €-3k | €10k | €12k | ▲ 22.3% |
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
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
2025
31-12
Financial
Highest result since 2019net €12k ▲406%
Operating result €27k, net result €12k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 1.43
Current ratio from 0.55 to 1.43; short-term debt falls from €118k to €35k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Roeselare · 1 establishment unit since 2019
Ground area
3.7 ha
Building footprint
435 m²
Volume, LiDAR
2,512 m³
Parcel 36013A0208/00M000, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OVX
since 20192.283.522.926
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36013A0208/00M000 | Flanders | 3.7 ha | 1 · 435 m² | 11.4 m · 2 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
2024 to 2025 · 2 entries · 2,275 EUR awarded · 2,275 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,709 EUR | 1,709 EUR |
| 2024 | 1 | 566 EUR | 566 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
ASTS
BE 0801.250.385
Nijlen · Eq €31,108
ELEYAS
BE 0544.389.635
Turnhout · Eq €31,269
TRANSFER BV
BE 0787.741.453
Tongeren-Borgloon · Eq €30,972
MGD Invest
BE 0786.268.538
Tournai · Eq €30,824
ELS BULTEEL
BE 0630.893.245
Temse · Eq €30,760
Of 5,699 companies in sector 70100 we hold annual accounts for 3,495. 1,828 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 (pre-2019)
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
01430Raising of horses and other equines
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
93199Other sports activities
Scores and ratios are computed by Checked and are not a credit decision.