OXYGEN DEVELOPMENT
ActiveSummary
The latest annual accounts of OXYGEN DEVELOPMENT were filed more than 90 days after the deadline. The 2024 annual accounts show a net result of -€1,232. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Filing: Filed more than 90 days late
Axes · tick = 2023
Profitability37=
Solvency-
Growth22=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Return on assets
-0.3%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-12-2025, 131 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
131 d late
2023
91 d late
2022
113 d late
2021
22 d late
2020
12 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€31,686▲ 184%
2023 · €11,144
EBIT margin
-1.3%▼ 7.9pp
2023 · 6.6%
Net result
-€1,232▼ 1,686%
2023 · -€69
Working capital
€267,326▼ 0.5%
2023 · €268,565
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Line20202021202220232024
Turnover€10.2m▼ 7.0%€1.5m▼ 84.9%€31,018▼ 98.0%€11,144▼ 64.1%€31,686▲ 184%
Operating result€867,072▼ 32.4%€617,691▼ 28.8%-€2,466€738-€420
Net result€606,490above the sector's middle half▼ 22.7%€453,501▼ 25.2%-€7,807-€69▲ 99.1%-€1,232▼ 1,686%
EBIT margin8.5%▼ 3.2pp40.3%▲ 31.8pp-8.0%▼ 48.2pp6.6%▲ 14.6pp-1.3%▼ 7.9pp
Equity€222,798within the sector's middle half▼ 81.7%€676,299▲ 204%€268,492▼ 60.3%
Total assets€4.0mwithin the sector's middle half▼ 42.7%€1.4m▼ 65.3%€933,240▼ 32.0%€410,600▼ 56.0%€360,160▼ 12.3%
Debt€3.7m▼ 34.4%€695,288▼ 81.4%€664,748▼ 4.4%€142,177▼ 78.6%€92,969▼ 34.6%
Working capital€222,798▼ 81.7%€679,234▲ 205%€271,856▼ 60.0%€268,565▼ 1.2%€267,326▼ 0.5%
Solvency5.6%below the sector's middle half▼ 12.0pp49.3%▲ 43.7pp28.8%▼ 20.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €420 after €738 in 2023.
Key figures and ratios
Current ratio
3.88▲
2023 · 2.89
Quick ratio
3.78▲
2023 · 2.79
ROA
-0.3%▼
2023 · 0.0%
Debt ≤ 1 year
€92,834▼
2023 · €142,035
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €1.6m | €36,031 | €11,381 | €31,686 | ▲ 178% |
| Turnover70 | €10.2m | €1.5m | €31,018 | €11,144 | €31,686 | ▲ 184% |
| Other operating income74 | - | €43,857 | €5,013 | €237 | - | - |
| Operating charges60/66A | - | €959,157 | €38,497 | €10,643 | €32,106 | ▲ 202% |
| Goods for resale, raw materials and consumables60 | - | €803,848 | - | - | - | - |
| Change in stocks: decrease (increase)609 | - | €803,848 | - | - | - | - |
| Services and other goods61 | - | €146,593 | €31,964 | €10,298 | €31,847 | ▲ 209% |
| Other operating charges640/8 | - | €8,716 | €6,533 | €345 | €259 | ▼ 24.9% |
| Operating profit (loss)9901 | €867,072 | €617,691 | -€2,466 | €738 | -€420 | ▼ 157% |
| Recurring financial income75 | €3,900 | - | - | - | - | - |
| Financial charges65/66B | - | €6,471 | €5,341 | €807 | €812 | ▲ 0.6% |
| Recurring financial charges65 | €89,089 | €6,471 | €5,341 | €807 | €812 | ▲ 0.6% |
| Debt charges650 | €53,952 | €4,338 | - | - | €812 | - |
| Other financial charges652/9 | - | €2,133 | €5,341 | €807 | - | - |
| Profit (loss) for the period before taxes9903 | €781,883 | €611,220 | -€7,807 | -€69 | -€1,232 | ▼ 1,686% |
| Income taxes67/77 | €175,393 | €157,719 | - | - | - | - |
| Taxes670/3 | - | €157,719 | - | - | - | - |
| Profit (loss) for the period9904 | €606,490 | €453,501 | -€7,807 | -€69 | -€1,232 | ▼ 1,686% |
| Profit (loss) for the period to be appropriated9905 | €606,490 | €453,501 | -€7,807 | -€69 | -€1,232 | ▼ 1,686% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.0m | €1.4m | €933,240 | €410,600 | €360,160 | ▼ 12.3% |
| Current assets29/58 | €4.0m | €1.4m | €933,240 | €410,600 | €360,160 | ▼ 12.3% |
| Stocks and contracts in progress3 | €1.4m | €18,400 | €18,400 | €13,799 | €9,199 | ▼ 33.3% |
| Stocks30/36 | - | €18,400 | €18,400 | €13,799 | €9,199 | ▼ 33.3% |
| Property held for sale35 | - | €18,400 | €18,400 | €13,799 | €9,199 | ▼ 33.3% |
| Amounts receivable within one year40/41 | €1.1m | €487,976 | €488,023 | €83,412 | €85,335 | ▲ 2.3% |
| Trade receivables40 | - | €15,824 | €10,311 | €1,013 | €991 | ▼ 2.2% |
| Other amounts receivable41 | - | €472,152 | €477,712 | €82,399 | €84,344 | ▲ 2.4% |
| Cash at bank and in hand54/58 | €1.5m | €865,211 | €426,817 | €313,389 | €265,626 | ▼ 15.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.0m | €1.4m | €933,240 | €410,600 | €360,160 | ▼ 12.3% |
| Equity10/15 | €222,798 | €676,299 | €268,492 | - | - | - |
| Contributions10/11 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Capital10 | - | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Issued capital100 | - | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Reserves13 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Non-distributable reserves130/1 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Legal reserve130 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €2,798 | €456,299 | €48,492 | €48,423 | €47,191 | ▼ 2.5% |
| Amounts payable17/49 | €3.7m | €695,288 | €664,748 | €142,177 | €92,969 | ▼ 34.6% |
| Amounts payable within one year42/48 | €3.7m | €692,353 | €661,384 | €142,035 | €92,834 | ▼ 34.6% |
| Trade debts44 | €1.8m | €593,344 | €193,665 | €142,035 | €92,834 | ▼ 34.6% |
| Suppliers440/4 | - | €593,344 | €193,665 | €142,035 | €92,834 | ▼ 34.6% |
| Taxes, remuneration and social security45 | - | €99,009 | €67,719 | - | - | - |
| Taxes450/3 | - | €99,009 | €67,719 | - | - | - |
| Other amounts payable47/48 | - | - | €400,000 | - | - | - |
| Accrued charges and deferred income492/3 | - | €2,935 | €3,364 | €142 | €135 | ▼ 4.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €606,490 | €453,501 | -€7,807 | -€69 | -€1,232 | ▼ 1,686% |
| Operating cash flow (approximation) | €606,490 | €453,501 | -€7,807 | -€69 | -€1,232 | ▼ 1,686% |
| Change in cash | - | -€634,963 | -€438,394 | -€113,428 | -€47,763 | ▲ 57.9% |
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
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 131 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 91 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.89
Current ratio from 1.41 to 2.89; short-term debt falls from €661,384 to €142,035.
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 113 days late
2022
31-12
Financial
Weakest financial yearnet -€7,807
Net result drops to -€7,807, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
31-12
Financial
Equity above €500,000Eq €676,299 ▲204%
4 profitable years in a row build equity to €676,299.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 12 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €784,504 ▲238%
Operating result €1.3m, net result €784,504, both a record.
31-12
Financial
Equity above €1mEq €1.2m ▲182%
2 profitable years in a row build equity to €1.2m.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Sint-Lambrechts-Woluwe
Ground area
2,591 m²
Building footprint
1,070 m²
Volume, LiDAR
24,738 m³
Parcel 21018A0151/00E000, Brussels · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
109
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0151/00E000 | Brussels | 2,591 m² | 1 · 1,070 m² | 27.7 m · 8 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
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. 5,296 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
Founded31-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0673739135
Also
9925:BE0673739135
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.