OCTA+ GROUP
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record, 421 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-06-2024, 42 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2024
not filed
2023
42 d early
2022
7 d early
2021
47 d late
2020
25 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema, statutory accounts
Turnover
€246k▲ 10.0%
2022 · €224k
2018: €279.37Mhighest in 6 years
2019: €129.92M▼ -53.5% vs 2018
2020: €31.01M▼ -76.1% vs 2019
2021: €1.94M▼ -93.7% vs 2020
2022: €224k▼ -88.5% vs 2021lowest in 6 years
2023: €246k▲ +10.0% vs 2022
2018 → 2023
EBIT margin
206.2%▲ 237.0pp
2022 · -30.8%
2018: -0.1%
2019: -0.1%▲ +36.9% vs 2018
2020: -2.1%▼ -2697% vs 2019
2021: -0.9%▲ +56.4% vs 2020
2022: -30.8%▼ -3329% vs 2021lowest in 6 years
2023: 206.2%▲ +770% vs 2022highest in 6 years
2018 → 2023
Net result
€1.12M
2022 · €-249k
2018: €20.98Mhighest in 6 years
2019: €76k▼ -99.6% vs 2018
2020: €131k▲ +72.6% vs 2019
2021: €3.03M▲ +2220% vs 2020
2022: €-249k▼ -108% vs 2021lowest in 6 years
2023: €1.12M▲ +551% vs 2022
2018 → 2023
Working capital
€8.02M▼ 38.6%
2022 · €13.06M
2018: €15.44Mhighest in 6 years
2019: €9.77M▼ -36.7% vs 2018
2020: €10.79M▲ +10.5% vs 2019
2021: €13.19M▲ +22.2% vs 2020
2022: €13.06M▼ -1.0% vs 2021
2023: €8.02M▼ -38.6% vs 2022lowest in 6 years
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€129.92M-€31.01M▼ 76.1%€1.94M▼ 93.7%€224k▼ 88.5%€246k▲ 10.0%
2019: €129.92Mhighest in 5 years
2020: €31.01M▼ -76.1% vs 2019
2021: €1.94M▼ -93.7% vs 2020
2022: €224k▼ -88.5% vs 2021lowest in 5 years
2023: €246k▲ +10.0% vs 2022
Equity€20.14M-€16.17M▼ 19.7%€19.20M▲ 18.8%€18.95M▼ 1.3%€17.97M▼ 5.2%
2019: €20.14Mhighest in 5 years
2020: €16.17M▼ -19.7% vs 2019lowest in 5 years
2021: €19.20M▲ +18.8% vs 2020
2022: €18.95M▼ -1.3% vs 2021
2023: €17.97M▼ -5.2% vs 2022
Operating result€-96k-€-639k▼ 568%€-17k▲ 97.3%€-69k▼ 294%€507k
2019: €-96k
2020: €-639k▼ -568% vs 2019lowest in 5 years
2021: €-17k▲ +97.3% vs 2020
2022: €-69k▼ -294% vs 2021
2023: €507k▲ +837% vs 2022highest in 5 years
Net result€76k-€131k▲ 72.6%€3.03M▲ 2,220%€-249k€1.12M
2019: €76k
2020: €131k▲ +72.6% vs 2019
2021: €3.03M▲ +2220% vs 2020highest in 5 years
2022: €-249k▼ -108% vs 2021lowest in 5 years
2023: €1.12M▲ +551% vs 2022
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €507k after a loss of €69k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €54.30M
Fixed assets
€10.00M ▲ 65.2%
Current assets
€44.31M ▲ 72.6%
Equity and liabilities €54.30M
Equity
€17.97M ▼ 5.2%
Debt
€36.33M ▲ 184%
Debt's share of the balance-sheet total rises from 40.3% to 66.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€765k▲
2022 · €189k
Cash flow
€1.38M▲
2022 · €9k
Current ratio
1.22▼
2022 · 2.04
Quick ratio
1.22▼
2022 · 2.02
Debt to equity
2.02▲
2022 · 0.67
ROE
6.2%▲
2022 · -1.3%
ROA
2.1%▲
2022 · -0.8%
Interest coverage
5.31▲
2022 · 1.32
Debt ≤ 1 year
€36.29M▲
2022 · €12.61M
Income taxes
€166k▲
2022 · €545
Staff costs
€374k▲
2022 · €370k
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 · 2023 against 2022 · 80 lines
Balance sheet
Code20222023
Assets
Total assets20/58€31.72M€54.30M▲
Fixed assets21/28€6.05M€10.00M▲
Intangible fixed assets21€45k€15k▼
Tangible fixed assets22/27€707k€657k▼
Land and buildings22€455k€465k▲
Furniture and vehicles24€252k€193k▼
Financial fixed assets28€5.30M€9.33M▲
Affiliated companies280/1€5.30M€7.60M▲
Participating interests280€5.30M€5.30M=
Amounts receivable281-€2.30M
Companies linked by participating interests282/3-€1.73M
Participating interests282-€1.73M
Current assets29/58€25.67M€44.31M▲
Amounts receivable after more than one year29€2.00M€1.60M▼
Other amounts receivable291€2.00M€1.60M▼
Stocks and contracts in progress3€136k€145k▲
Stocks30/36€136k€145k▲
Goods purchased for resale34€136k€145k▲
Amounts receivable within one year40/41€9.63M€4.57M▼
Trade receivables40€54k€56k▲
Other amounts receivable41€9.58M€4.51M▼
Current investments50/53€196k€34.04M▲
Other investments51/53€196k€34.04M▲
Cash at bank and in hand54/58€13.65M€3.79M▼
Deferred charges and accrued income490/1€59k€166k▲
Equity and liabilities
Total equity and liabilities10/49€31.72M€54.30M▲
Equity10/15€18.95M€17.97M▼
Contributions10/11€4.02M€4.02M=
Capital10€4.02M€4.02M=
Issued capital100€4.02M€4.02M=
Reserves13€12.10M€10.10M▼
Non-distributable reserves130/1€402k€402k=
Legal reserve130€402k€402k=
Distributable reserves133€11.70M€9.70M▼
Profit (loss) carried forward14€2.82M€3.85M▲
Amounts payable17/49€12.77M€36.33M▲
Amounts payable within one year42/48€12.61M€36.29M▲
Trade debts44€521k€888k▲
Suppliers440/4€521k€888k▲
Taxes, remuneration and social security45€59k€262k▲
Taxes450/3€14k€183k▲
Remuneration and social security454/9€45k€78k▲
Other amounts payable47/48€12.03M€35.14M▲
Accrued charges and deferred income492/3€159k€46k▼
Income statement
Code20222023
Operating income70/76A€4.36M€5.50M▲
Turnover70€224k€246k▲
Other operating income74€4.13M€4.77M▲
Non-recurring operating income76A-€483k
Operating charges60/66A€4.43M€4.99M▲
Goods for resale, raw materials and consumables60€162k€170k▲
Purchases600/8€205k€180k▼
Change in stocks: decrease (increase)609€-43k€-10k▲
Services and other goods61€3.61M€3.92M▲
Remuneration, social security and pensions62€370k€374k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€257k€257k=
Other operating charges640/8€23k€277k▲
Non-recurring operating charges66A€59-
Operating profit (loss)9901€-69k€507k▲
Financial income75/76B€96k€1.08M▲
Recurring financial income75€96k€1.08M▲
Income from current assets751€96k€1.08M▲
Financial charges65/66B€275k€303k▲
Recurring financial charges65€275k€303k▲
Debt charges650€142k€144k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€124k€154k▲
Other financial charges652/9€9k€4k▼
Non-recurring financial charges66B-€79
Profit (loss) for the period before taxes9903€-248k€1.29M▲
Income taxes67/77€545€166k▲
Taxes670/3€545€166k▲
Profit (loss) for the period9904€-249k€1.12M▲
Profit (loss) for the period to be appropriated9905€-249k€1.12M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.82M€3.95M▲
Profit (loss) brought forward from the previous period14P€3.07M€2.82M▼
Transfer from equity791/2-€2.00M
From reserves792-€2.00M
Profit to be distributed694/7-€2.10M
Return on contributions (dividend)694-€2.00M
Directors or managers695-€100k
Social balance
Average headcount (FTE)90875.66.1▲
The notes to these accounts (66 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €4.82M | €4.36M | €5.50M | ▲ 26.2% |
| Turnover70 | €129.92M | €31.01M | €1.94M | €224k | €246k | ▲ 10.0% |
| Other operating income74 | - | - | €2.88M | €4.13M | €4.77M | ▲ 15.4% |
| Non-recurring operating income76A | - | - | €1 | - | €483k | - |
| Operating charges60/66A | - | - | €4.84M | €4.43M | €4.99M | ▲ 12.8% |
| Goods for resale, raw materials and consumables60 | - | - | €228k | €162k | €170k | ▲ 5.2% |
| Purchases600/8 | - | - | €263k | €205k | €180k | ▼ 12.3% |
| Change in stocks: decrease (increase)609 | - | - | €-34k | €-43k | €-10k | ▲ 77.7% |
| Services and other goods61 | - | - | €3.81M | €3.61M | €3.92M | ▲ 8.3% |
| Remuneration, social security and pensions62 | - | - | €464k | €370k | €374k | ▲ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €323k | €319k | €261k | €257k | €257k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-67k | - | - | - |
| Other operating charges640/8 | - | - | €146k | €23k | €277k | ▲ 1,113% |
| Operating charges capitalised as restructuring costs649 | - | - | €0 | - | - | - |
| Non-recurring operating charges66A | - | - | €40 | €59 | - | - |
| Operating profit (loss)9901 | €-96k | €-639k | €-17k | €-69k | €507k | ▲ 837% |
| Financial income75/76B | - | - | €3.18M | €96k | €1.08M | ▲ 1,025% |
| Recurring financial income75 | €249k | €869k | €237k | €96k | €1.08M | ▲ 1,025% |
| Income from current assets751 | - | - | €237k | €96k | €1.08M | ▲ 1,025% |
| Non-recurring financial income76B | - | - | €2.94M | - | - | - |
| Financial charges65/66B | - | - | €128k | €275k | €303k | ▲ 9.9% |
| Recurring financial charges65 | €77k | €99k | €128k | €275k | €303k | ▲ 9.9% |
| Debt charges650 | €69k | €91k | €75k | €142k | €144k | ▲ 1.1% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | €46k | €124k | €154k | ▲ 24.4% |
| Other financial charges652/9 | - | - | €7k | €9k | €4k | ▼ 51.0% |
| Non-recurring financial charges66B | - | - | - | - | €79 | - |
| Profit (loss) for the period before taxes9903 | €76k | €131k | €3.03M | €-248k | €1.29M | ▲ 619% |
| Income taxes67/77 | - | €167 | €-170 | €545 | €166k | ▲ 30,458% |
| Taxes670/3 | - | - | - | €545 | €166k | ▲ 30,458% |
| Tax adjustments and reversals of tax provisions77 | - | - | €170 | - | - | - |
| Profit (loss) for the period9904 | €76k | €131k | €3.03M | €-249k | €1.12M | ▲ 551% |
| Profit (loss) for the period to be appropriated9905 | €76k | €131k | €3.03M | €-249k | €1.12M | ▲ 551% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46.33M | €37.96M | €29.28M | €31.72M | €54.30M | ▲ 71.2% |
| Fixed assets21/28 | €10.37M | €5.39M | €6.09M | €6.05M | €10.00M | ▲ 65.2% |
| Intangible fixed assets21 | €196k | €137k | €84k | €45k | €15k | ▼ 65.2% |
| Tangible fixed assets22/27 | €988k | €852k | €707k | €707k | €657k | ▼ 7.0% |
| Land and buildings22 | - | - | €580k | €455k | €465k | ▲ 2.1% |
| Furniture and vehicles24 | - | - | €127k | €252k | €193k | ▼ 23.5% |
| Financial fixed assets28 | €9.19M | €4.40M | €5.30M | €5.30M | €9.33M | ▲ 75.9% |
| Affiliated companies280/1 | - | - | €5.30M | €5.30M | €7.60M | ▲ 43.4% |
| Participating interests280 | - | - | €5.30M | €5.30M | €5.30M | = |
| Amounts receivable281 | - | - | - | - | €2.30M | - |
| Companies linked by participating interests282/3 | - | - | - | - | €1.73M | - |
| Participating interests282 | - | - | - | - | €1.73M | - |
| Current assets29/58 | €35.95M | €32.58M | €23.19M | €25.67M | €44.31M | ▲ 72.6% |
| Amounts receivable after more than one year29 | - | - | €2.50M | €2.00M | €1.60M | ▼ 20.0% |
| Other amounts receivable291 | - | - | €2.50M | €2.00M | €1.60M | ▼ 20.0% |
| Stocks and contracts in progress3 | €469k | €58k | €93k | €136k | €145k | ▲ 7.1% |
| Stocks30/36 | - | - | €93k | €136k | €145k | ▲ 7.1% |
| Goods purchased for resale34 | - | - | €93k | €136k | €145k | ▲ 7.1% |
| Amounts receivable within one year40/41 | €12.72M | €12.81M | €7.42M | €9.63M | €4.57M | ▼ 52.6% |
| Trade receivables40 | - | - | €61k | €54k | €56k | ▲ 3.4% |
| Other amounts receivable41 | - | - | €7.36M | €9.58M | €4.51M | ▼ 52.9% |
| Current investments50/53 | - | €10.00M | €6.82M | €196k | €34.04M | ▲ 17,232% |
| Other investments51/53 | - | - | €6.82M | €196k | €34.04M | ▲ 17,232% |
| Cash at bank and in hand54/58 | €22.62M | €9.11M | €6.25M | €13.65M | €3.79M | ▼ 72.3% |
| Deferred charges and accrued income490/1 | - | - | €111k | €59k | €166k | ▲ 181% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46.33M | €37.96M | €29.28M | €31.72M | €54.30M | ▲ 71.2% |
| Equity10/15 | €20.14M | €16.17M | €19.20M | €18.95M | €17.97M | ▼ 5.2% |
| Contributions10/11 | €4.02M | €4.02M | €4.02M | €4.02M | €4.02M | = |
| Capital10 | - | - | €4.02M | €4.02M | €4.02M | = |
| Issued capital100 | - | - | €4.02M | €4.02M | €4.02M | = |
| Reserves13 | €16.10M | €12.10M | €12.10M | €12.10M | €10.10M | ▼ 16.5% |
| Non-distributable reserves130/1 | - | - | €402k | €402k | €402k | = |
| Legal reserve130 | - | - | €402k | €402k | €402k | = |
| Distributable reserves133 | - | - | €11.70M | €11.70M | €9.70M | ▼ 17.1% |
| Profit (loss) carried forward14 | €11k | €41k | €3.07M | €2.82M | €3.85M | ▲ 36.2% |
| Amounts payable17/49 | €26.19M | €21.80M | €10.08M | €12.77M | €36.33M | ▲ 184% |
| Amounts payable within one year42/48 | €26.19M | €21.79M | €10.00M | €12.61M | €36.29M | ▲ 188% |
| Trade debts44 | €3.85M | €601k | €458k | €521k | €888k | ▲ 70.4% |
| Suppliers440/4 | - | - | €458k | €521k | €888k | ▲ 70.4% |
| Taxes, remuneration and social security45 | - | - | €372k | €59k | €262k | ▲ 341% |
| Taxes450/3 | - | - | €287k | €14k | €183k | ▲ 1,174% |
| Remuneration and social security454/9 | - | - | €85k | €45k | €78k | ▲ 74.3% |
| Other amounts payable47/48 | - | - | €9.17M | €12.03M | €35.14M | ▲ 192% |
| Accrued charges and deferred income492/3 | - | - | €77k | €159k | €46k | ▼ 71.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76k | €131k | €3.03M | €-249k | €1.12M | ▲ 551% |
| + Depreciation and write-downs630 | €323k | €319k | €261k | €257k | €257k | = |
| Operating cash flow (approximation) | €399k | €450k | €3.29M | €9k | €1.38M | ▲ 15,343% |
| Investment in fixed assets (approximation) | - | €4.66M | €-964k | €-219k | €-4.20M | ▼ 1,819% |
| Change in cash | - | €-13.50M | €-2.86M | €7.40M | €-9.86M | ▼ 233% |
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
29-01
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
2024
05-11
State Gazette act
Board meeting · Merger
Capital · Corporate purpose
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €1.12M
Net result €1.12M after one loss-making year.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-249k
Net result drops to €-249k, the lowest in the series.
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated · 47 days late
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 47 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated · 25 days late
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
Show earlier events
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · consolidated · 18 days late
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
2004
07-06
State Gazette act
General meeting · Statutes amendment
Board meeting · Board composition
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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Structure & network
Ownership & control
1 subsidiaryOCTA+ GROUPBE 0467.010.953
controls
Where this company holds controlsubsidiary per the LEI register1
Sint-Pieters-Woluwe
Acquisitions and mergers
1 transactionTaken over by:BRUXELLES FINANCES ET PARTICIPATIONS
Recognitions · licences · registrations
Legal Entity Identifier
549300QOK2SFO6NCIK20