OZDEMIR SYSTEMS
ActiveSummary
The computed 12-month bankruptcy probability of OZDEMIR SYSTEMS is 2.3% (moderate). The 2024 annual accounts show equity of €108k and a net result of €62k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 36375 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
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+12
Solvency50▲+11
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 2.71 in 2023; short-term debt: 71.9% and cash: 47.7% of total assets), and 74.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 27-07-2025, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
4 d early
2023
21 d late
2022
25 d late
2021
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€108k▲ 46.3%
2023 · €74k
2021: €62k
2022: €79k
2023: €74k
2021 → 2024
Total assets
€429k▼ 19.7%
2023 · €534k
2021: €238k
2022: €293k
2023: €534k
2021 → 2024
Net result
€62k▲ 149%
2023 · €25k
2021: €62k
2022: €17k
2023: €25k
2021 → 2024
Working capital
€70k▼ 75.0%
2023 · €278k
2021: €19k
2022: €-8k
2023: €278k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€62k-€79k▲ 27.7%€74k▼ 6.7%€108k▲ 46.3%
Operating result€77k-€26k▼ 66.9%€36k▲ 41.3%€89k▲ 145%
Net result€62k-€17k▼ 72.3%€25k▲ 44.6%€62k▲ 149%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 145% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €429k
Fixed assets
€51k ▼ 46.0%
Current assets
€378k ▼ 14.0%
Equity and liabilities €429k
Equity
€108k ▲ 46.3%
Debt
€321k ▼ 30.2%
Debt's share of the balance-sheet total falls from 86.2% to 74.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110k▲
2023 · €64k
Cash flow
€83k▲
2023 · €53k
Current ratio
1.23▼
2023 · 2.71
Quick ratio
1.08▼
2023 · 2.45
Debt to equity
2.99▼
2023 · 6.26
ROE
57.2%▲
2023 · 33.6%
ROA
14.3%▲
2023 · 4.6%
Interest coverage
23.41▼
2023 · 169.74
Debt ≤ 1 year
€309k▲
2023 · €162k
Debt > 1 year
€13k▼
2023 · €18k
Income taxes
€23k▲
2023 · €12k
Staff costs
€168k▲
2023 · €140k
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 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€534k€429k▼
Fixed assets21/28€94k€51k▼
Tangible fixed assets22/27€92k€48k▼
Plant, machinery and equipment23€22k€20k▼
Furniture and vehicles24€70k€29k▼
Financial fixed assets28€3k€3k=
Current assets29/58€440k€378k▼
Stocks and contracts in progress3€43k€44k▲
Stocks30/36€43k€44k▲
Amounts receivable within one year40/41€260k€123k▼
Trade receivables40€227k€72k▼
Other amounts receivable41€33k€51k▲
Cash at bank and in hand54/58€25k€205k▲
Deferred charges and accrued income490/1€111k€7k▼
Equity and liabilities
Total equity and liabilities10/49€534k€429k▼
Equity10/15€74k€108k▲
Contributions10/11-€3k
Profit (loss) carried forward14€74k€105k▲
Amounts payable17/49€461k€321k▼
Amounts payable after more than one year17€18k€13k▼
Financial debts170/4€18k€13k▼
Amounts payable within one year42/48€162k€309k▲
Current portion of amounts payable after more than one year42€6k€6k=
Trade debts44€104k€245k▲
Suppliers440/4€104k€203k▲
Bills of exchange payable441-€42k
Taxes, remuneration and social security45€23k€58k▲
Taxes450/3€23k€42k▲
Remuneration and social security454/9-€16k
Other amounts payable47/48€30k-
Accrued charges and deferred income492/3€280k-
Income statement
Code20232024
Remuneration, social security and pensions62€140k€168k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€22k▼
Other operating charges640/8€4k€120k▲
Gross operating margin9900€208k€399k▲
Operating profit (loss)9901€36k€89k▲
Financial income75/76B€1k€385▼
Recurring financial income75€1k€385▼
Financial charges65/66B€378€5k▲
Recurring financial charges65€378€5k▲
Profit (loss) for the period before taxes9903€37k€84k▲
Income taxes67/77€12k€23k▲
Profit (loss) for the period9904€25k€62k▲
Profit (loss) for the period to be appropriated9905€25k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€104k€135k▲
Profit (loss) brought forward from the previous period14P€79k€74k▼
Profit to be distributed694/7€30k€30k=
Return on contributions (dividend)694€30k€30k=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €108k ▲46.3%
4 profitable years in a row build equity to €108k.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 2.71
Current ratio from 0.96 to 2.71; short-term debt falls from €214k to €162k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €17k ▼72.3%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 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, Tongeren-Borgloon · 1 establishment unit since 2020
Ground area
1,382 m²
Building footprint
252 m²
Volume, LiDAR
1,301 m³
2 parcels, Flanders, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
OZDEMIR SYSTEMS
since 20202.302.571.944
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73094A0640/00V000 | Flanders | 732 m² | 1 · 154 m² | 6.8 m · 2 fl. |
| 62050B0782/00G000 | Wallonia | 650 m² | 1 · 98 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
KEUKENS-INTERIEUR WIJNANT
BE 0864.360.169
Haaltert · Eq €107,730
ELIC INTERIEURBOUW
BE 0480.771.194
Houthalen-Helchteren · Eq €107,558
Noxx28
BE 0641.753.285
Aalst · Eq €107,877
1ST CHOICE
BE 0475.245.065
Pelt · Eq €107,508
KR INTERIEURPROJECTEN
BE 0819.046.323
Kapellen · Eq €107,911
Of 20,018 companies in sector 43320 we hold annual accounts for 9,131. 7,714 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43990Other specialised construction activities
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.