OXYGEM
ActiveSummary
The computed 12-month bankruptcy probability of OXYGEM is 2.2% (moderate). The 2024 annual accounts show equity of €8k and a net result of €-4k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 63% of 15865 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-66
Solvency81▼-9
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.8%
Return on assets
-28%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
36 d early
2022
25 d early
2021
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€8k▼ 33.4%
2023 · €12k
2021: €6klowest in 4 years
2022: €10k▲ +77.8% vs 2021
2023: €12k▲ +21.3% vs 2022highest in 4 years
2024: €8k▼ -33.4% vs 2023
2021 → 2024
Total assets
€15k▼ 22.8%
2023 · €19k
2021: €11klowest in 4 years
2022: €18k▲ +54.9% vs 2021
2023: €19k▲ +7.7% vs 2022highest in 4 years
2024: €15k▼ -22.8% vs 2023
2021 → 2024
Net result
€-4k
2023 · €2k
2021: €6khighest in 4 years
2022: €4k▼ -20.8% vs 2021
2023: €2k▼ -51.3% vs 2022
2024: €-4k▼ -290% vs 2023lowest in 4 years
2021 → 2024
Working capital
€8k▼ 33.4%
2023 · €12k
2021: €6klowest in 4 years
2022: €10k▲ +77.8% vs 2021
2023: €12k▲ +21.3% vs 2022highest in 4 years
2024: €8k▼ -33.4% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€6k-€10k▲ 77.8%€12k▲ 21.3%€8k▼ 33.4%
2021: €6klowest in 4 years
2022: €10k▲ +77.8% vs 2021
2023: €12k▲ +21.3% vs 2022highest in 4 years
2024: €8k▼ -33.4% vs 2023
Operating result€7k-€6k▼ 19.4%€3k▼ 50.5%€-4k
2021: €7khighest in 4 years
2022: €6k▼ -19.4% vs 2021
2023: €3k▼ -50.5% vs 2022
2024: €-4k▼ -241% vs 2023lowest in 4 years
Net result€6k-€4k▼ 20.8%€2k▼ 51.3%€-4k
2021: €6khighest in 4 years
2022: €4k▼ -20.8% vs 2021
2023: €2k▼ -51.3% vs 2022
2024: €-4k▼ -290% vs 2023lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €15k
Equity
€8k ▼ 33.4%
Debt
€7k ▼ 3.3%
Debt's share of the balance-sheet total rises from 35.3% to 44.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
2.26▼
2023 · 2.84
Quick ratio
1.48▼
2023 · 1.89
Debt to equity
0.79▲
2023 · 0.54
ROE
-50.2%▼
2023 · 17.6%
ROA
-28.0%▼
2023 · 11.4%
Debt ≤ 1 year
€7k▼
2023 · €7k
Income taxes
€0▼
2023 · €543
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 · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€19k€15k▼
Current assets29/58€19k€15k▼
Stocks and contracts in progress3€6k€5k▼
Stocks30/36€6k€5k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€2k€23▼
Other amounts receivable41€852€2k▲
Cash at bank and in hand54/58€10k€8k▼
Deferred charges and accrued income490/1€86€88▲
Equity and liabilities
Total equity and liabilities10/49€19k€15k▼
Equity10/15€12k€8k▼
Contributions10/11€100€100=
Reserves13€12k€8k▼
Distributable reserves133€12k€8k▼
Amounts payable17/49€7k€7k▼
Amounts payable within one year42/48€7k€7k▼
Trade debts44€106€113▲
Suppliers440/4€106€113▲
Taxes, remuneration and social security45€543€0▼
Taxes450/3€543€0▼
Other amounts payable47/48€6k€6k▲
Income statement
Code20232024
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€964€4k▲
Other operating charges640/8€841€2k▲
Gross operating margin9900€5k€2k▼
Operating profit (loss)9901€3k€-4k▼
Financial charges65/66B€125€118▼
Recurring financial charges65€125€118▼
Profit (loss) for the period before taxes9903€3k€-4k▼
Income taxes67/77€543€0▼
Profit (loss) for the period9904€2k€-4k▼
Profit (loss) for the period to be appropriated9905€2k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-4k▼
Transfer from equity791/2-€4k
Transfer to equity691/2€2k€0▼
To other reserves6921€2k€0▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | €964 | €4k | ▲ 315% |
| Other operating charges640/8 | €341 | €349 | €841 | €2k | ▲ 171% |
| Gross operating margin9900 | €7k | €9k | €5k | €2k | ▼ 51.2% |
| Operating profit (loss)9901 | €7k | €6k | €3k | €-4k | ▼ 241% |
| Financial income75/76B | €4 | €0 | - | - | - |
| Recurring financial income75 | €4 | €0 | - | - | - |
| Financial charges65/66B | €79 | €164 | €125 | €118 | ▼ 5.7% |
| Recurring financial charges65 | €79 | €164 | €125 | €118 | ▼ 5.7% |
| Profit (loss) for the period before taxes9903 | €7k | €6k | €3k | €-4k | ▼ 252% |
| Income taxes67/77 | €1k | €1k | €543 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €6k | €4k | €2k | €-4k | ▼ 290% |
| Profit (loss) for the period to be appropriated9905 | €6k | €4k | €2k | €-4k | ▼ 290% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €11k | €18k | €19k | €15k | ▼ 22.8% |
| Current assets29/58 | €11k | €18k | €19k | €15k | ▼ 22.8% |
| Stocks and contracts in progress3 | €2k | €8k | €6k | €5k | ▼ 19.4% |
| Stocks30/36 | €2k | €8k | €6k | €5k | ▼ 19.4% |
| Amounts receivable within one year40/41 | €3k | €4k | €3k | €2k | ▼ 42.3% |
| Trade receivables40 | €2k | €4k | €2k | €23 | ▼ 98.8% |
| Other amounts receivable41 | €473 | €614 | €852 | €2k | ▲ 82.9% |
| Cash at bank and in hand54/58 | €7k | €5k | €10k | €8k | ▼ 19.8% |
| Deferred charges and accrued income490/1 | €81 | €83 | €86 | €88 | ▲ 2.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €11k | €18k | €19k | €15k | ▼ 22.8% |
| Equity10/15 | €6k | €10k | €12k | €8k | ▼ 33.4% |
| Contributions10/11 | €100 | €100 | €100 | €100 | = |
| Reserves13 | €6k | €10k | €12k | €8k | ▼ 33.7% |
| Distributable reserves133 | €6k | €10k | €12k | €8k | ▼ 33.7% |
| Amounts payable17/49 | €6k | €8k | €7k | €7k | ▼ 3.3% |
| Amounts payable within one year42/48 | €6k | €8k | €7k | €7k | ▼ 3.3% |
| Trade debts44 | €29 | €671 | €106 | €113 | ▲ 6.4% |
| Suppliers440/4 | €29 | €671 | €106 | €113 | ▲ 6.4% |
| Taxes, remuneration and social security45 | €1k | €1k | €543 | €0 | ▼ 100% |
| Taxes450/3 | €1k | €1k | €543 | €0 | ▼ 100% |
| Other amounts payable47/48 | €4k | €6k | €6k | €6k | ▲ 5.2% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €4k | €2k | €-4k | ▼ 290% |
| Operating cash flow (approximation) | €6k | €4k | €2k | €-4k | ▼ 290% |
| Change in cash | - | €-2k | €5k | €-2k | ▼ 138% |
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
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Beringen · 1 establishment unit since 2020
Ground area
904 m²
Building footprint
114 m²
Volume, LiDAR
825 m³
Parcel 71382C0918/00A002, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
OXYGEM
since 20202.300.427.155
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71382C0918/00A002 | Flanders | 904 m² | 1 · 114 m² | 9.9 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeringen2.300.427.155
Similar companies · same sector, comparable size
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Vlevy Meat Products
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FRIT-REX
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ANTICA AGRICOLA PIACENTINA TRE STELLE DI CALOGERO NICOLETTI
BE 0477.868.718
Schaarbeek · Eq €8,537
Of 1,639 companies in sector 46170 we hold annual accounts for 670. 321 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
Founded17-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
10890Manufacture of food products
47120Other non-specialised retail sale
47279Other retail sale of food
47762Retail sale of pets, pet food and pet supplies
Scores and ratios are computed by Checked and are not a credit decision.