Summary
Oxygen 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 €959k and a net result of €821. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 8048 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
Credit check for your own amount and term
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 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
15 d early
2023
42 d early
2022
16 d early
2021
20 d early
2020
24 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€959k▲ 0.1%
2024 · €958k
2019: €771k
2020: €743k▼ -3.7% vs 2019lowest in 7 years
2021: €836k▲ +12.6% vs 2020
2022: €910k▲ +8.8% vs 2021
2023: €957k▲ +5.2% vs 2022
2024: €958k▲ +0.1% vs 2023
2025: €959k▲ +0.1% vs 2024highest in 7 years
2019 → 2025
Net result
€821▼ 0.1%
2024 · €821
2019: €88k
2020: €161k▲ +83.7% vs 2019highest in 7 years
2021: €146k▼ -9.5% vs 2020
2022: €74k▼ -49.3% vs 2021
2023: €47k▼ -36.3% vs 2022
2024: €821▼ -98.3% vs 2023
2025: €821▼ -0.1% vs 2024lowest in 7 years
2019 → 2025
Total assets
€1.91M▼ 1.9%
2024 · €1.95M
2019: €867k
2020: €851k▼ -1.8% vs 2019lowest in 7 years
2021: €2.09M▲ +145% vs 2020highest in 7 years
2022: €2.02M▼ -3.5% vs 2021
2023: €2.03M▲ +0.6% vs 2022
2024: €1.95M▼ -3.8% vs 2023
2025: €1.91M▼ -1.9% vs 2024
2019 → 2025
Solvency
50.1%▲ 1.0pp
2024 · 49.1%
2019: 88.9%highest in 7 years
2020: 87.2%▼ -1.9% vs 2019
2021: 40.0%▼ -54.1% vs 2020lowest in 7 years
2022: 45.1%▲ +12.8% vs 2021
2023: 47.2%▲ +4.5% vs 2022
2024: 49.1%▲ +4.1% vs 2023
2025: 50.1%▲ +2.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€836k-€910k▲ 8.8%€957k▲ 5.2%€958k▲ 0.1%€959k▲ 0.1%
2021: €836klowest in 5 years
2022: €910k▲ +8.8% vs 2021
2023: €957k▲ +5.2% vs 2022
2024: €958k▲ +0.1% vs 2023
2025: €959k▲ +0.1% vs 2024highest in 5 years
Operating result€208k-€128k▼ 38.2%€95k▼ 25.9%€33k▼ 64.8%€32k▼ 4.4%
2021: €208khighest in 5 years
2022: €128k▼ -38.2% vs 2021
2023: €95k▼ -25.9% vs 2022
2024: €33k▼ -64.8% vs 2023
2025: €32k▼ -4.4% vs 2024lowest in 5 years
Net result€146k-€74k▼ 49.3%€47k▼ 36.3%€821▼ 98.3%€821▼ 0.1%
2021: €146khighest in 5 years
2022: €74k▼ -49.3% vs 2021
2023: €47k▼ -36.3% vs 2022
2024: €821▼ -98.3% vs 2023
2025: €821▼ -0.1% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 4% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.91M
Fixed assets
€1.73M ▼ 0.3%
Current assets
€182k ▼ 15.0%
Equity and liabilities €1.91M
Equity
€959k ▲ 0.1%
Provisions
€927k ▼ 5.5%
Debt
€28k ▲ 141%
Debt's share of the balance-sheet total rises from 0.6% to 1.5%. Equity and debt are higher.
Key figures and ratios
ROE
0.1%▼
2024 · 0.1%
ROA
0.0%▲
2024 · 0.0%
Debt ≤ 1 year
€28k▲
2024 · €12k
Income taxes
€1k▲
2024 · €1k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.95M€1.91M▼
Fixed assets21/28€1.74M€1.73M▼
Tangible fixed assets22/27€9k€5k▼
Furniture and vehicles24€9k€5k▼
Financial fixed assets28€1.73M€1.73M=
Current assets29/58€214k€182k▼
Amounts receivable within one year40/41€27k€9k▼
Trade receivables40€27k€9k▼
Cash at bank and in hand54/58€187k€172k▼
Deferred charges and accrued income490/1€131€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.95M€1.91M▼
Equity10/15€958k€959k▲
Contributions10/11€225k€225k=
Capital10€225k€225k=
Issued capital100€225k€225k=
Reserves13€723k€723k=
Non-distributable reserves130/1€23k€23k=
Legal reserve130€23k€23k=
Distributable reserves133€700k€700k=
Profit (loss) carried forward14€10k€11k▲
Provisions and deferred taxes16€981k€927k▼
Provisions for liabilities and charges160/5€981k€927k▼
Other liabilities and charges164/5€981k€927k▼
Amounts payable17/49€12k€28k▲
Amounts payable within one year42/48€12k€28k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€6k€8k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€3k€17k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€1k€1k▼
Gross operating margin9900€39k€38k▼
Operating profit (loss)9901€33k€32k▼
Financial charges65/66B€32k€30k▼
Recurring financial charges65€32k€30k▼
Profit (loss) for the period before taxes9903€2k€2k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€821€821▼
Profit (loss) for the period to be appropriated9905€821€821▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€11k▲
Profit (loss) brought forward from the previous period14P€9k€10k▲
The notes to these accounts (4 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 | - | - | - | €5k | €5k | = |
| Other operating charges640/8 | - | €868 | €914 | €1k | €1k | ▼ 4.4% |
| Gross operating margin9900 | €209k | €129k | €96k | €39k | €38k | ▼ 3.9% |
| Operating profit (loss)9901 | €208k | €128k | €95k | €33k | €32k | ▼ 4.4% |
| Recurring financial income75 | €360 | - | - | - | - | - |
| Financial charges65/66B | - | €29k | €30k | €32k | €30k | ▼ 5.1% |
| Recurring financial charges65 | €11k | €29k | €30k | €32k | €30k | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | €197k | €99k | €65k | €2k | €2k | ▲ 7.1% |
| Income taxes67/77 | €52k | €26k | €18k | €1k | €1k | ▲ 12.4% |
| Profit (loss) for the period9904 | €146k | €74k | €47k | €821 | €821 | ▼ 0.1% |
| Profit (loss) for the period to be appropriated9905 | €146k | €74k | €47k | €821 | €821 | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.09M | €2.02M | €2.03M | €1.95M | €1.91M | ▼ 1.9% |
| Fixed assets21/28 | €1.73M | €1.73M | €1.74M | €1.74M | €1.73M | ▼ 0.3% |
| Tangible fixed assets22/27 | - | - | €14k | €9k | €5k | ▼ 50.0% |
| Furniture and vehicles24 | - | - | €14k | €9k | €5k | ▼ 50.0% |
| Financial fixed assets28 | €1.73M | €1.73M | €1.73M | €1.73M | €1.73M | = |
| Current assets29/58 | €362k | €289k | €287k | €214k | €182k | ▼ 15.0% |
| Amounts receivable within one year40/41 | €179k | €39k | €11k | €27k | €9k | ▼ 66.9% |
| Trade receivables40 | - | €39k | €11k | €27k | €9k | ▼ 66.9% |
| Other amounts receivable41 | - | - | €142 | - | - | - |
| Cash at bank and in hand54/58 | €147k | €250k | €275k | €187k | €172k | ▼ 8.1% |
| Deferred charges and accrued income490/1 | - | €155 | €1k | €131 | €1k | ▲ 859% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.09M | €2.02M | €2.03M | €1.95M | €1.91M | ▼ 1.9% |
| Equity10/15 | €836k | €910k | €957k | €958k | €959k | ▲ 0.1% |
| Contributions10/11 | €225k | €225k | €225k | €225k | €225k | = |
| Capital10 | - | €225k | €225k | €225k | €225k | = |
| Issued capital100 | - | €225k | €225k | €225k | €225k | = |
| Reserves13 | €598k | €673k | €723k | €723k | €723k | = |
| Non-distributable reserves130/1 | - | €23k | €23k | €23k | €23k | = |
| Legal reserve130 | - | €23k | €23k | €23k | €23k | = |
| Distributable reserves133 | - | €650k | €700k | €700k | €700k | = |
| Profit (loss) carried forward14 | €14k | €12k | €9k | €10k | €11k | ▲ 8.0% |
| Provisions and deferred taxes16 | €1.14M | €1.09M | €1.04M | €981k | €927k | ▼ 5.5% |
| Provisions for liabilities and charges160/5 | - | €1.09M | €1.04M | €981k | €927k | ▼ 5.5% |
| Other liabilities and charges164/5 | - | €1.09M | €1.04M | €981k | €927k | ▼ 5.5% |
| Amounts payable17/49 | €109k | €17k | €36k | €12k | €28k | ▲ 141% |
| Amounts payable within one year42/48 | €109k | €17k | €36k | €12k | €28k | ▲ 141% |
| Trade debts44 | €7k | €5k | €9k | €3k | €4k | ▲ 30.7% |
| Suppliers440/4 | - | €5k | €9k | €3k | €4k | ▲ 30.7% |
| Taxes, remuneration and social security45 | - | €5k | €26k | €6k | €8k | ▲ 33.8% |
| Taxes450/3 | - | €3k | €22k | €4k | €6k | ▲ 49.7% |
| Remuneration and social security454/9 | - | €2k | €4k | €2k | €2k | = |
| Other amounts payable47/48 | - | €7k | €2k | €3k | €17k | ▲ 437% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €146k | €74k | €47k | €821 | €821 | ▼ 0.1% |
| + Depreciation and write-downs630 | - | - | - | €5k | €5k | = |
| Operating cash flow (approximation) | €146k | €74k | €47k | €5k | €5k | = |
| Investment in fixed assets (approximation) | - | €0 | €-14k | €0 | €0 | - |
| Change in cash | - | €103k | €24k | €-87k | €-15k | ▲ 82.5% |
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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €821 ▼0.1%
Net result drops to €821, the lowest in the series.
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity doublescurrent ratio 18.39
Current ratio from 7.98 to 18.39; short-term debt falls from €36k to €12k.
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
15-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity times 5current ratio 17.46
Current ratio from 3.31 to 17.46; short-term debt falls from €109k to €17k.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Highest result since 2019net €161k ▲83.7%
Operating result €211k, net result €161k, both a record.
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
13-09
State Gazette act
General meeting · Director appointment
Permanent representative · Accounting effect
13-09
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
State Gazette act
General meeting · Director reappointment
Permanent representative · Director appointment
19-06
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Lasne · 1 establishment unit since 1991
Ground area
5,148 m²
Building footprint
185 m²
Volume, LiDAR
1,065 m³
Parcel 25051A0155/00S008, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue Bois-Eloi 23, 1380 Lasne
since 19912.053.665.984
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051A0155/00S008 | Wallonia | 5,148 m² | 1 · 185 m² | 7.6 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.
Structure & network
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
Recognitions · licences · registrations
Legal Entity Identifier
875500Z5THRAT2RIUL06
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 12,766 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-06-1991
Fiscal year end30-06
Activities, NACEBEL 2025
20411Manufacture of chemicals and chemical products
64210Activities of holding companies
46190Agents in non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.