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OKTOPUS

Active Public limited companyfounded 1992active for 34 yearsLouizalaan 331, 1050 BrusselsKBO/BCE: BE 0447.794.956 subsidiary of JOHNSON CONTROLS#5 company by total assets in the Brussels-Capital Region, Security and investigation sector

Lifetime

15 annual accounts with figures on one time axis, 33 filings since 1993
peak €10.6m (2025)
€10.6m▲ 0.9%
lowest -€749,189 (2023)
-€55,630▼ €741,320
peak €4.9m (2020)
€2.8m▼ 1.9%
€8.2m▲ 38.9%
peak 69.6 FTE (2022)
58 FTE▼ 3.2%
Board33 names since 2004all names
3 directorsPeter Schieser and 2 others
Owners7 names in the annual accountsall names
100%JOHNSON CONTROLS and 1 other
Documentsfilings and deeds
30-04-2026on the last day
2025financial year
Loss of €55,6301 director appointed, 2 resignations 08-12Appointment: Bart VERHULST (director) 05-12Amendment of the articles 25-11Power of attorney: Frank Pelgrims 19-11Debts from €5.9m to €8.2m

Key points

from the 2025 annual accounts

Equity

€2.8m from €4.9m in 2020

Equity fell by 43% in 5 years.

Result

-€55,630 -€55,630
€686,0002024-€55,6002025

From profit to loss in 2025, after a profit of €685,690 in 2024.

Debts

€8.2m 75% of the balance sheet
Suppliers 17%Taxes and wages 38%Other 45%

Of this, €4.8m falls due within a year.

Payment terms

89 days to suppliers
Suppliers
55 to 89
Customers
31 to 111

OKTOPUS pays its suppliers 34 days later than in 2024. Customers pay 80 days later.

Board

3 left

Directors left. Latest change 01-10-2026 · 2 in office.

Checked score

85
Excellent
Financially stronger than 44% of all companies
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 20 companies (NACE 80, medium-sized).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.1%highest value 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 0.2%▼ -0.9 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.2 percentage points vs 04-2026 06-2026: 0.3%▼ -0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Weak

50-8equity 25.4% of total assets
58-18short-term debt 43.7%
23-43return on assets -0.5%

Score breakdown

raises risk
Liquidity: current ratio 2.28
Equity €2.8m (25.4% of total assets)
Loss of €55,630 (financial year 2025)
lowers risk
Founded in 1992
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies). It does better than 39% of them on solvency, 83% on liquidity, 17% on profitability and 37% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 371 companies had the same profile as OKTOPUS has now. Each dot is one company, two years later.

97.3%
were still trading
2.2%
stopped another way
0.5%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

That fits the bankruptcy probability of OKTOPUS itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 371 companies, not a prediction for OKTOPUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €230,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.28 (3.36 in 2024), above the usual 1.5. Short-term debt is 43.7% of total assets. However, 74.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.28
NBB · annual accounts
raises risk · Equity €2.8m (25.4% of total assets)
NBB · annual accounts
raises risk · Loss of €55,630 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
33 days early
2023
35 days early
2022
57 days late
2021
92 days early
2020
57 days early
2019
64 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 80), the median for financial year 2024 was 2 days before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 March (4 of the last 5 accounts filed within 59 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PS
Director, since 05-05-2014
VB
Director, since 18-06-2025
Board & ownership

Recent changes

Resignation: Fatih Türkal (director) Gazette deed
1 statutory auditor reappointed Baker Tilly Bedrijfsrevisoren BV (statutory auditor) · Permanent representatives: Christel De Blander and Tom De Wilde · General meeting of 27-04-2026 · Gazette deed
1 director appointed, 2 resignations Resignations: Emirjan Zefi and Ivan Schryvers · Appointment: Fatih Türkal · General meeting of 26-11-2025 · Gazette deed
Appointment: Bart VERHULST (director) General meeting of 10-09-2025 · Gazette deed
All 85 events

Comparable companies

same main activity, similar in size and age
Company
OKTOPUS Brussels €10.6m -2.7% 25.4% 58
G4S SECURE MONITORING Brussels €8.3m 2.7% 70.0% 42.3
ALERTIS Roeselare €21.8m 10.0% 47.6% 120.8
BRINK’S DIAMOND & JEWELRY SERVICES Antwerp €7.5m 7.0% 75.6% 37.3
PROTECTION UNIT EVENTS Saint-Georges-sur-Meuse €15.5m 5.4% 8.9% 99.7
TOTAL SAFETY Diepenbeek €21.1m 0.7% 49.6% 166.4
SERIS TECHNOLOGY Aarschot €35.1m 3.6% 29.6% 148.1
-10%0%10%20%€10,000€100,000€1m€10m€100mOKTOPUSEBIT margin

Grey: the largest companies of the sector (security and investigation (NACE 80)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as OKTOPUS: investigation and private security services (NACE 80010). They are comparable in size and age: total assets between €4.3m and €14m, founded between 1989 and 2001.

Official details

Source: KBO
Status
Active since 14-07-1992Normal situation
Registered office
78 active companies are registered at this address10 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Investigation and private security servicesNACE 80010
Joint committees
200Auxiliary committee for white-collar workers
317Security and surveillance services
100Auxiliary committee for blue-collar workers · annual accounts 30-09-2025
Establishment unit
2.058.296.9431050 Ixelles, since 29-07-1992
Financial year end
30 September
Peppol
Reachable since 02-12-2025
Company details

Annual accounts to 30-09-2025

€11.0m▲ 25.6%
Employeeson 30-09-2025
63▲ 8.6%
Filing
Filed on 30-04-2026, on the last day of the filing period
Financials

Companies linked to OKTOPUS

Insights on OKTOPUS

OKTOPUS has existed since 1992. Turnover grew from €7.0m in 2007 to €10.6m in 2025.

Solvency fell in 2025 from 32.6% to 25.4% because of the loss.

JOHNSON CONTROLS holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about OKTOPUS

What is the company number of OKTOPUS?
The company number of OKTOPUS is 0447.794.956. The VAT number is the same number with BE in front: BE 0447.794.956.
Where is OKTOPUS based?
The registered office is at Louizalaan 331, 1050 Brussels.Company details
What does OKTOPUS do?
According to the KBO register, the main activity is investigation and private security services (NACE 80010).
What is the legal form of OKTOPUS?
OKTOPUS is a public limited company (NV).
When was OKTOPUS founded?
OKTOPUS was founded on 14-07-1992.
Is OKTOPUS still active?
Yes, OKTOPUS is an active enterprise in the KBO register.
How many employees does OKTOPUS have?
OKTOPUS had an average of 58 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does OKTOPUS fall under?
In its 30-09-2025 annual accounts, OKTOPUS states joint committees 200 (Auxiliary committee for white-collar workers), 317 (Security and surveillance services) and 100 (Auxiliary committee for blue-collar workers).
What is the turnover of OKTOPUS?
The turnover of OKTOPUS was €10.6m in financial year 2025, according to the filed annual accounts.
Is OKTOPUS profitable?
In financial year 2025, OKTOPUS made a loss of €55,630.
Where can I find the annual accounts of OKTOPUS?
OKTOPUS filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OKTOPUS due?
OKTOPUS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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