OFTAHILS
ActiveSummary
OFTAHILS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €491k and a net result of €61k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 41% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+6
Solvency56▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.27 in 2024; short-term debt: 52.3% and cash: 12.6% of total assets), and 69.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.5%
Return on assets
3.8%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
26 d early
2023
43 d early
2022
4 d early
2021
24 d late
2020
31 d early
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€491k▲ 14.2%
2024 · €430k
2018: €85klowest in 8 years
2019: €169k▲ +99.6% vs 2018
2020: €162k▼ -4.1% vs 2019
2021: €255k▲ +57.6% vs 2020
2022: €299k▲ +17.0% vs 2021
2023: €382k▲ +28.0% vs 2022
2024: €430k▲ +12.4% vs 2023
2025: €491k▲ +14.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.61M▲ 5.7%
2024 · €1.52M
2018: €499klowest in 8 years
2019: €667k▲ +33.7% vs 2018
2020: €763k▲ +14.5% vs 2019
2021: €923k▲ +21.0% vs 2020
2022: €1.13M▲ +22.2% vs 2021
2023: €1.89M▲ +67.9% vs 2022highest in 8 years
2024: €1.52M▼ -19.8% vs 2023
2025: €1.61M▲ +5.7% vs 2024
2018 → 2025
Net result
€61k▲ 28.6%
2024 · €48k
2018: €14k
2019: €84k▲ +511% vs 2018
2020: €-7k▼ -108% vs 2019lowest in 8 years
2021: €93k▲ +1437% vs 2020highest in 8 years
2022: €43k▼ -53.4% vs 2021
2023: €84k▲ +92.2% vs 2022
2024: €48k▼ -43.1% vs 2023
2025: €61k▲ +28.6% vs 2024
2018 → 2025
Working capital
€253k▲ 19.3%
2024 · €212k
2018: €82klowest in 8 years
2019: €173k▲ +112% vs 2018
2020: €162k▼ -6.7% vs 2019
2021: €255k▲ +57.3% vs 2020
2022: €300k▲ +17.7% vs 2021highest in 8 years
2023: €199k▼ -33.6% vs 2022
2024: €212k▲ +6.5% vs 2023
2025: €253k▲ +19.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€255k-€299k▲ 17.0%€382k▲ 28.0%€430k▲ 12.4%€491k▲ 14.2%
2021: €255klowest in 5 years
2022: €299k▲ +17.0% vs 2021
2023: €382k▲ +28.0% vs 2022
2024: €430k▲ +12.4% vs 2023
2025: €491k▲ +14.2% vs 2024highest in 5 years
Operating result€132k-€74k▼ 44.1%€141k▲ 90.8%€93k▼ 34.1%€120k▲ 28.7%
2021: €132k
2022: €74k▼ -44.1% vs 2021lowest in 5 years
2023: €141k▲ +90.8% vs 2022highest in 5 years
2024: €93k▼ -34.1% vs 2023
2025: €120k▲ +28.7% vs 2024
Net result€93k-€43k▼ 53.4%€84k▲ 92.2%€48k▼ 43.1%€61k▲ 28.6%
2021: €93khighest in 5 years
2022: €43k▼ -53.4% vs 2021lowest in 5 years
2023: €84k▲ +92.2% vs 2022
2024: €48k▼ -43.1% vs 2023
2025: €61k▲ +28.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 29% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.61M
Fixed assets
€514k =
Current assets
€1.09M ▲ 8.7%
Equity and liabilities €1.61M
Equity
€491k ▲ 14.2%
Debt
€1.12M ▲ 2.4%
Debt's share of the balance-sheet total falls from 71.7% to 69.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€150k▲
2024 · €120k
Cash flow
€91k▲
2024 · €74k
Current ratio
1.30▲
2024 · 1.27
Quick ratio
1.28▲
2024 · 1.19
Debt to equity
2.27▼
2024 · 2.54
ROE
12.5%▲
2024 · 11.1%
ROA
3.8%▲
2024 · 3.1%
Interest coverage
6.98▲
2024 · 5.49
Debt ≤ 1 year
€841k▲
2024 · €794k
Debt > 1 year
€276k▼
2024 · €296k
Income taxes
€39k▲
2024 · €25k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.52M€1.61M▲
Fixed assets21/28€514k€514k=
Tangible fixed assets22/27€514k€514k=
Land and buildings22€473k€464k▼
Furniture and vehicles24€42k€50k▲
Current assets29/58€1.01M€1.09M▲
Stocks and contracts in progress3€58k€20k▼
Stocks30/36€58k€20k▼
Amounts receivable within one year40/41€179k€188k▲
Trade receivables40€179k€187k▲
Other amounts receivable41-€2k
Current investments50/53€516k€681k▲
Cash at bank and in hand54/58€253k€203k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.61M▲
Equity10/15€430k€491k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€402k€463k▲
Distributable reserves133€402k€463k▲
Profit (loss) carried forward14€9k€9k=
Amounts payable17/49€1.09M€1.12M▲
Amounts payable after more than one year17€296k€276k▼
Financial debts170/4€296k€276k▼
Amounts payable within one year42/48€794k€841k▲
Current portion of amounts payable after more than one year42€175k€175k▲
Trade debts44€123k€157k▲
Suppliers440/4€123k€157k▲
Taxes, remuneration and social security45€43k€57k▲
Taxes450/3€43k€57k▲
Other amounts payable47/48€452k€452k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€30k▲
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A€676-
Gross operating margin9900€125k€153k▲
Operating profit (loss)9901€93k€120k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€22k€21k▼
Recurring financial charges65€22k€21k▼
Profit (loss) for the period before taxes9903€73k€100k▲
Income taxes67/77€25k€39k▲
Profit (loss) for the period9904€48k€61k▲
Profit (loss) for the period to be appropriated9905€48k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€70k▲
Profit (loss) brought forward from the previous period14P€9k€9k=
Transfer to equity691/2€48k€61k▲
To other reserves6921€48k€61k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €12k | - | - | - |
| Remuneration, social security and pensions62 | €1k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €9k | €18k | €27k | €30k | ▲ 13.0% |
| Other operating charges640/8 | €5k | €1k | €23k | €4k | €3k | ▼ 19.3% |
| Non-recurring operating charges66A | - | - | - | €676 | - | - |
| Gross operating margin9900 | €148k | €84k | €182k | €125k | €153k | ▲ 23.1% |
| Operating profit (loss)9901 | €132k | €74k | €141k | €93k | €120k | ▲ 28.7% |
| Financial income75/76B | €19k | €1 | €1 | €2k | €1k | ▼ 11.0% |
| Recurring financial income75 | €19k | €1 | €1 | €2k | €1k | ▼ 11.0% |
| Financial charges65/66B | €6k | €7k | €14k | €22k | €21k | ▼ 1.6% |
| Recurring financial charges65 | €6k | €7k | €14k | €22k | €21k | ▼ 1.6% |
| Profit (loss) for the period before taxes9903 | €145k | €67k | €127k | €73k | €100k | ▲ 36.9% |
| Income taxes67/77 | €51k | €24k | €43k | €25k | €39k | ▲ 52.4% |
| Profit (loss) for the period9904 | €93k | €43k | €84k | €48k | €61k | ▲ 28.6% |
| Profit (loss) for the period to be appropriated9905 | €93k | €43k | €84k | €48k | €61k | ▲ 28.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €923k | €1.13M | €1.89M | €1.52M | €1.61M | ▲ 5.7% |
| Fixed assets21/28 | €10k | €2k | €500k | €514k | €514k | = |
| Tangible fixed assets22/27 | €10k | €2k | €500k | €514k | €514k | = |
| Land and buildings22 | - | - | €446k | €473k | €464k | ▼ 1.9% |
| Furniture and vehicles24 | €2k | €2k | €54k | €42k | €50k | ▲ 21.3% |
| Leasing and similar rights25 | €8k | - | - | - | - | - |
| Current assets29/58 | €913k | €1.13M | €1.39M | €1.01M | €1.09M | ▲ 8.7% |
| Stocks and contracts in progress3 | €22k | €14k | €11k | €58k | €20k | ▼ 66.2% |
| Stocks30/36 | €22k | €14k | €11k | €58k | €20k | ▼ 66.2% |
| Amounts receivable within one year40/41 | €76k | €136k | €170k | €179k | €188k | ▲ 5.3% |
| Trade receivables40 | €67k | €126k | €164k | €179k | €187k | ▲ 4.4% |
| Other amounts receivable41 | €10k | €10k | €6k | - | €2k | - |
| Current investments50/53 | €681k | €837k | €881k | €516k | €681k | ▲ 32.0% |
| Cash at bank and in hand54/58 | €131k | €139k | €330k | €253k | €203k | ▼ 19.5% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €1k | €1k | ▲ 35.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €923k | €1.13M | €1.89M | €1.52M | €1.61M | ▲ 5.7% |
| Equity10/15 | €255k | €299k | €382k | €430k | €491k | ▲ 14.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Outside capital11 | - | €19k | €19k | €19k | €19k | = |
| Other1109/19 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €228k | €271k | €355k | €402k | €463k | ▲ 15.2% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Legal reserve130 | €2k | - | - | - | - | - |
| Distributable reserves133 | €226k | €271k | €355k | €402k | €463k | ▲ 15.2% |
| Profit (loss) carried forward14 | €9k | €9k | €9k | €9k | €9k | = |
| Amounts payable17/49 | €668k | €830k | €1.51M | €1.09M | €1.12M | ▲ 2.4% |
| Amounts payable after more than one year17 | €10k | €3k | €317k | €296k | €276k | ▼ 6.9% |
| Financial debts170/4 | €10k | €3k | €317k | €296k | €276k | ▼ 6.9% |
| Amounts payable within one year42/48 | €658k | €827k | €1.20M | €794k | €841k | ▲ 5.8% |
| Current portion of amounts payable after more than one year42 | €13k | €9k | €175k | €175k | €175k | ▲ 0.1% |
| Trade debts44 | €258 | €33k | €14k | €123k | €157k | ▲ 27.3% |
| Suppliers440/4 | €258 | €33k | €14k | €123k | €157k | ▲ 27.3% |
| Taxes, remuneration and social security45 | €41k | €16k | €58k | €43k | €57k | ▲ 30.6% |
| Taxes450/3 | €41k | €16k | €58k | €43k | €57k | ▲ 30.6% |
| Other amounts payable47/48 | €605k | €769k | €949k | €452k | €452k | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93k | €43k | €84k | €48k | €61k | ▲ 28.6% |
| + Depreciation and write-downs630 | €9k | €9k | €18k | €27k | €30k | ▲ 13.0% |
| Operating cash flow (approximation) | €102k | €52k | €101k | €74k | €91k | ▲ 23.0% |
| Investment in fixed assets (approximation) | - | €0 | €-516k | €-41k | €-30k | ▲ 26.7% |
| Change in cash | - | €8k | €191k | €-77k | €-49k | ▲ 36.2% |
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
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-09
Financial
Back to profitnet €93k
Net result €93k after one loss-making year.
30-09
Financial
Equity above €200kEq €255k ▲57.6%
Equity rises from €162k to €255k.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
30-09
Financial
Equity above €150kEq €169k ▲99.6%
2 profitable years in a row build equity to €169k.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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.
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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, Galmaarden · 1 establishment unit since 2007
Ground area
1,051 m²
Building footprint
228 m²
Volume, LiDAR
909 m³
2 parcels, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OFTAHILS
since 20072.167.851.911
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23087C0537/00D000 | Flanders | 581 m² | 1 · 124 m² | 7.3 m · 2 fl. |
| 23087C0919/00E000 | Flanders | 470 m² | 1 · 104 m² | 13.5 m |
Linked by address, not proof of ownership
Good to know
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
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Pure Solutions
BE 0832.135.482
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BRUCARE
BE 0870.364.865
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MY®HEALTH
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Of 1,897 companies in sector 46460 we hold annual accounts for 1,116. 770 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-12-2007
Fiscal year end30-09
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
77225Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.