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Ocarina

Active
Non-profit associationfounded 1971active for 54 yearsAnspachlaan 111, 1000 Brussel, Belgium79 active companies are registered at this addressKBO/BCE: BE 0411.971.074
Summary

Ocarina has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €60,944. Equity is shrinking by about 3.8% per year across the filed financial years. Its solvency ranks better than 38% of 747 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
OcarinaActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Youth work associations
NACE 94991
15 sites
Size
€1.9mturnover 2025
Staff
58.7 FTE
Equity
€1.4m
Surplus
€60,944
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
75 members
Auditor: Callens, Pirenne, Theunissen & C°2025 accounts 35 days early
Why 95raises risk1 change of registered office in 24 monthslowers riskLegal form: non-profit associationLiquidity: current ratio 2.50, cash €1.1mSector: Activities of membership organisations (NACE 94)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 94, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 74+2
equity 49.0% of total assets
Liquidity 79+33
short-term debt 39.5% · cash 38.1%
Profitability 59+44
return on assets 2.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (75 companies, NACE 94, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.5, compared with 2.35 in 2024, above the usual 1.5; short-term debt: 39.5% and cash: 38.1% of total assets), but 51% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 94, medium-sized): better than 49% on solvency, 87% on liquidity, 41% on profitability and 61% on growth.

The bankruptcy probability was computed on 29-10-2026 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.

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

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 2.50, cash €1.1m
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Activities of membership organisations (NACE 94)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
34 days early
2023
33 days early
2022
17 days early
2021
12 days early
2020
45 days early
2019
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days before the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Registered officeRegistered-office move · Board composition
  3. Back to profitnet €60,944

Key points

  • Positive: Back in profit in 2025after -€31,481 in 2024 €60,944 View
  • Board changedlatest change 04-11-2025 · 75 in office 34 joined · 48 left View
  • Among the largest 5% on gross marginsector median €778,920 · 753 companies €4.3m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Wallonia-Brussels supportpaid from 2023 to 2025 €4.0m View
  • Active since 1971founded 03-11-1971 54 years View

By topic

Financials

Financial year
2025
Turnover
€1.9m
Profit
€60,944
Solvency
49.0%
Turnover▲ 1.2%
Net result
20182025
Go to Financials

Board & ownership

Board
75 members
Auditor
Callens, Pirenne, Theunissen &…
  • Noémie JadinManaging director
  • Barthélemy HANSARTDirector
  • ZAMBON LorenzoDirector
  • FOURNEAU AdèleDirector
  • JADIN MaxDirector

and 70 other directors

Go to Board & ownership

Timeline

Events
50
Since
2006
Next accounts
by 31-07-2027
  1. 04-11-2025Appointments: Asscherickx - Rosie, Bury - Léa…
  2. 27-06-2025Annual accounts filed
  3. 27-11-2024Appointments: Manfroy David, Maka Lucie and 44…
Go to Timeline

Company details

Sites
15
Legal form
Non-profit association
Activity
Youth work associationsNACE 94991
Founded
03-11-1971
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“Ocarína prend une place active dans la société et a pour but désintéressé de promouvoir…” (deed in French)
Go to Articles of association

Key facts about Ocarina

What is the company number of Ocarina?
0411.971.074. In Belgium the VAT number is the company number with BE in front: BE 0411.971.074.
Where is Ocarina based?
The registered office is at Anspachlaan 111, 1000 Brussel.Company details
What does Ocarina do?
According to the KBO register, the main activity is youth work associations (NACE 94991).
What is the legal form of Ocarina?
Non-profit association (VZW).
When was Ocarina founded?
On 03-11-1971.
Is Ocarina still active?
Yes, Ocarina is an active enterprise in the KBO register.
How many employees does Ocarina have?
On average 58.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Ocarina?
€1.9m in financial year 2025, according to the filed annual accounts.
Is Ocarina profitable?
In financial year 2025, Ocarina made a profit of €60,944.
Where can I find the annual accounts of Ocarina?
Ocarina filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Ocarina due?
By 31-07-2027, for financial year 2026.Timeline

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