OXYSPHAIR
ActiveOXYSPHAIR has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.37M and a net result of €1.47M. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▼-1
Solvency75▼-2
Growth77=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €310k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.49 in 2023; short-term debt: 44% and cash: 11% of total assets), and 49.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2024Solvency, return and age of the figures
Solvency
50.4%
Return on assets
17%
Age of the figures
21 mo
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 07-07-2025, 24 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
43 d early
2022
35 d early
2021
34 d early
2020
9 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€14.04M▲ 12.6%
2023 · €12.47M
2018: €6.92M
2019: €7.24M
2020: €8.63M
2021: €8.97M
2022: €10.85M
2023: €12.47M
2018 → 2024
EBIT margin
14.5%▼ 1.6pp
2023 · 16.0%
2018: 9.6%
2019: 8.1%
2020: 17.0%
2021: 16.2%
2022: 14.2%
2023: 16.0%
2018 → 2024
Net result
€1.47M▲ 1.7%
2023 · €1.45M
2018: €407k
2019: €345k
2020: €1.03M
2021: €1.05M
2022: €1.11M
2023: €1.45M
2018 → 2024
Working capital
€1.41M▼ 11.9%
2023 · €1.60M
2018: €-536k
2019: €-356k
2020: €862k
2021: €1.35M
2022: €1.33M
2023: €1.60M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€8.63M-€8.97M▲ 3.9%€10.85M▲ 21.0%€12.47M▲ 14.9%€14.04M▲ 12.6%
Equity€3.19M-€3.80M▲ 18.9%€3.87M▲ 1.8%€4.26M▲ 10.1%€4.37M▲ 2.7%
Operating result€1.47M-€1.45M▼ 1.4%€1.54M▲ 6.3%€2.00M▲ 29.7%€2.03M▲ 1.5%
Net result€1.03M-€1.05M▲ 1.7%€1.11M▲ 6.0%€1.45M▲ 30.1%€1.47M▲ 1.7%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.67M
Fixed assets
€3.44M▲ 5.2%
Current assets
€5.23M▲ 6.8%
Equity and liabilities €8.67M
Equity
€4.37M▲ 2.7%
Provisions
€0▼ 100%
Debt
€4.30M▲ 11.7%
The debt ratio rises from 47.2% to 49.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.35M▲
2023 · €3.24M
Cash flow
€2.79M▲
2023 · €2.69M
Solvency
50.4%▼
2023 · 52.1%
Current ratio
1.37▼
2023 · 1.49
Quick ratio
1.20▼
2023 · 1.27
Debt / equity
0.98▲
2023 · 0.91
ROE
33.7%▼
2023 · 34.0%
ROA
17.0%▼
2023 · 17.7%
Interest coverage
62.81▼
2023 · 86.40
Debt
€4.30M▲
2023 · €3.85M
Debt ≤ 1 year
€3.82M▲
2023 · €3.29M
Debt > 1 year
€488k▼
2023 · €561k
Income taxes
€531k▲
2023 · €529k
Staff costs
€2.53M▲
2023 · €2.51M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€8.17M€8.67M▲
Fixed assets21/28€3.27M€3.44M▲
Intangible fixed assets21€326k€338k▲
Tangible fixed assets22/27€2.94M€3.10M▲
Land and buildings22€31k€27k▼
Plant, machinery and equipment23€2.23M€2.24M▲
Furniture and vehicles24€25k€26k▲
Leasing and similar rights25€619k€553k▼
Other tangible fixed assets26€33k€29k▼
Assets under construction and advance payments27-€229k
Financial fixed assets28€7k€7k=
Other financial fixed assets284/8€7k€7k=
Amounts receivable and cash guarantees285/8€7k€7k=
Current assets29/58€4.90M€5.23M▲
Stocks and contracts in progress3€707k€668k▼
Stocks30/36€707k€668k▼
Goods purchased for resale34€707k€668k▼
Amounts receivable within one year40/41€3.40M€3.58M▲
Trade receivables40€3.10M€3.02M▼
Other amounts receivable41€301k€557k▲
Cash at bank and in hand54/58€724k€950k▲
Deferred charges and accrued income490/1€63k€35k▼
Equity and liabilities
Total equity and liabilities10/49€8.17M€8.67M▲
Equity10/15€4.26M€4.37M▲
Contributions10/11€1.23M€1.23M=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€3.02M€3.13M▲
Investment grants15€4k€2k▼
Provisions and deferred taxes16€62k€0▼
Provisions for liabilities and charges160/5€62k€0▼
Environmental obligations163€62k-
Other liabilities and charges164/5-€0
Amounts payable17/49€3.85M€4.30M▲
Amounts payable after more than one year17€561k€488k▼
Financial debts170/4€561k€488k▼
Leasing and similar obligations172€561k€488k▼
Amounts payable within one year42/48€3.29M€3.82M▲
Current portion of amounts payable after more than one year42€58k€64k▲
Financial debts43-€17k
Credit institutions430/8-€17k
Trade debts44€1.63M€1.91M▲
Suppliers440/4€1.63M€1.91M▲
Taxes, remuneration and social security45€550k€470k▼
Taxes450/3€94k€91k▼
Remuneration and social security454/9€455k€379k▼
Other amounts payable47/48€1.05M€1.36M▲
Income statement
Code20232024
Operating income70/76A€12.69M€14.29M▲
Turnover70€12.47M€14.04M▲
Other operating income74€202k€223k▲
Non-recurring operating income76A€15k€24k▲
Operating charges60/66A€10.69M€12.26M▲
Goods for resale, raw materials and consumables60€4.91M€6.07M▲
Purchases600/8€5.01M€6.00M▲
Change in stocks: decrease (increase)609€-98k€70k▲
Services and other goods61€1.88M€2.26M▲
Remuneration, social security and pensions62€2.51M€2.53M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.24M€1.32M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€35k€-63k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-19k€-62k▼
Other operating charges640/8€118k€202k▲
Non-recurring operating charges66A€189€2k▲
Operating profit (loss)9901€2.00M€2.03M▲
Financial income75/76B€20k€32k▲
Recurring financial income75€20k€32k▲
Income from current assets751€9k€25k▲
Other financial income752/9€10k€7k▼
Financial charges65/66B€45k€60k▲
Recurring financial charges65€45k€60k▲
Debt charges650€38k€53k▲
Other financial charges652/9€7k€7k▼
Profit (loss) for the period before taxes9903€1.97M€2.00M▲
Income taxes67/77€529k€531k▲
Taxes670/3€529k€531k▲
Profit (loss) for the period9904€1.45M€1.47M▲
Profit (loss) for the period to be appropriated9905€1.45M€1.47M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.07M€4.49M▲
Profit (loss) brought forward from the previous period14P€2.62M€3.02M▲
Profit to be distributed694/7€1.05M€1.35M▲
Return on contributions (dividend)694€1.00M€1.30M▲
Employees696€51k€54k▲
Social balance
Average headcount (FTE)908727.828.4▲
The notes to these accounts (96 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial
Highest result since 2018net €1.47M ▲1.7%
Operating result €2.03M, net result €1.47M, both a record.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
31-12
Financial
Equity above €2MEq €3.19M ▲79.5%
3 profitable years in a row build equity to €3.19M.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €345k ▼15.1%
Net result drops to €345k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Courcelles · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Charleroi(CO) 46180 CourcellesGround area
9,897 m²
Building footprint
758 m²
Volume, LiDAR
2,975 m³
Parcel 52322A0144/00K000, Wallonia · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rue de Charleroi(CO) 4, 6180 Courcelles
since 20022.103.150.139
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52322A0144/00K000 | Wallonia | 9,897 m² | 1 · 758 m² | 9.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Legal Entity Identifier
894500C3KTK55YHJZL34
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Dinant · Eq €4.53M
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Of 1,070 companies in sector 47741 we hold annual accounts for 644. 185 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-1999
Fiscal year end31-12
Activities, NACEBEL
46460Wholesale of pharmaceutical and medical goods
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
52320
71407
77225Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.