OTHO Advisory
ActiveOTHO Advisory has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.98M and a net result of €694k. Equity is growing by ~74.3% per year across the filed fiscal years. Its solvency ranks better than 75% of 2822 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
71
/ 100
Healthy▲ +18 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency67▲+18
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.45 in 2023), and 30.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
69.2%
Return on assets
24.3%
Age of the figures
20 mo
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 17-07-2025, 14 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
9 d early
2022
on the day
2021
22 d late
2020
23 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.98M▲ 54.0%
2023 · €1.28M
2020: €212k
2021: €425k
2022: €1.45M
2023: €1.28M
2020 → 2024
Total assets
€2.86M▼ 13.1%
2023 · €3.29M
2020: €2.39M
2021: €2.27M
2022: €2.64M
2023: €3.29M
2020 → 2024
Net result
€694k▲ 19.3%
2023 · €581k
2020: €-69k
2021: €12k
2022: €1.03M
2023: €581k
2020 → 2024
Working capital
€-271k▲ 66.8%
2023 · €-815k
2020: €-763k
2021: €-620k
2022: €-359k
2023: €-815k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€212k-€425k▲ 99.9%€1.45M▲ 242%€1.28M▼ 11.6%€1.98M▲ 54.0%
Operating result€-66k-€33k€161k▲ 385%€132k▼ 18.1%€168k▲ 27.4%
Net result€-69k-€12k€1.03M▲ 8,332%€581k▼ 43.5%€694k▲ 19.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 27% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.86M
Fixed assets
€2.59M▼ 1.0%
Current assets
€269k▼ 60.2%
Equity and liabilities €2.86M
Equity
€1.98M▲ 54.0%
Debt
€879k▼ 56.2%
The debt ratio falls from 60.9% to 30.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€193k▲
2023 · €138k
Cash flow
€719k▲
2023 · €587k
Solvency
69.2%▲
2023 · 39.1%
Current ratio
0.50▲
2023 · 0.45
Quick ratio
0.50▲
2023 · 0.45
Debt / equity
0.44▼
2023 · 1.56
ROE
35.1%▼
2023 · 45.3%
ROA
24.3%▲
2023 · 17.7%
Interest coverage
22.60▲
2023 · 13.33
Debt
€879k▼
2023 · €2.00M
Debt ≤ 1 year
€539k▼
2023 · €1.49M
Debt > 1 year
€339k▼
2023 · €513k
Income taxes
€35k▲
2023 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.29M€2.86M▼
Fixed assets21/28€2.61M€2.59M▼
Tangible fixed assets22/27€118k€93k▼
Furniture and vehicles24€118k€93k▼
Financial fixed assets28€2.50M€2.50M=
Current assets29/58€676k€269k▼
Amounts receivable within one year40/41€650k€233k▼
Trade receivables40€31k€211k▲
Other amounts receivable41€619k€22k▼
Cash at bank and in hand54/58€26k€36k▲
Equity and liabilities
Total equity and liabilities10/49€3.29M€2.86M▼
Equity10/15€1.28M€1.98M▲
Contributions10/11€400k€400k=
Capital10€400k€400k=
Issued capital100€400k€400k=
Reserves13€40k€40k=
Non-distributable reserves130/1€40k€40k=
Legal reserve130€40k€40k=
Profit (loss) carried forward14€845k€1.54M▲
Amounts payable17/49€2.00M€879k▼
Amounts payable after more than one year17€513k€339k▼
Financial debts170/4€513k€339k▼
Amounts payable within one year42/48€1.49M€539k▼
Current portion of amounts payable after more than one year42€172k€174k▲
Trade debts44€6k-
Suppliers440/4€6k-
Taxes, remuneration and social security45€18k€36k▲
Taxes450/3€18k€36k▲
Other amounts payable47/48€1.30M€330k▼
Accrued charges and deferred income492/3€960-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€25k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€140k€195k▲
Operating profit (loss)9901€132k€168k▲
Financial income75/76B€486k€570k▲
Recurring financial income75€486k€570k▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€607k€729k▲
Income taxes67/77€26k€35k▲
Profit (loss) for the period9904€581k€694k▲
Profit (loss) for the period to be appropriated9905€581k€694k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.59M€1.54M▼
Profit (loss) brought forward from the previous period14P€1.01M€845k▼
Profit to be distributed694/7€750k-
Return on contributions (dividend)694€750k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-03
State Gazette act
General meeting · Demerger
Accounting effect · Share issue
10-03
State Gazette act
General meeting · Demerger
Real estate · Capital decrease · Sebastiaan-Willem VERBERT
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2020net €1.03M ▲8332%
Net result €1.03M, the highest in the series.
31-12
Financial
Equity above €1MEq €1.45M ▲242%
2 profitable years in a row build equity to €1.45M.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Putte · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schrieksesteenweg 222580 PutteGround area
2,714 m²
Building footprint
307 m²
Volume, LiDAR
1,190 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OTHO Advisory
since 20192.284.646.641
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13482F1135/00P005 | Flanders | 1,928 m² | 1 · 162 m² | 10.3 m · 2 fl. |
| 12029C0431/00M000 | Flanders | 786 m² | 1 · 145 m² | 0.0 m |
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
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NETWORK CONSULTING AND ENGINEERING
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B.COMPUTER
BE 0472.687.829
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Refleqt
BE 0676.714.065
Kontich · Eq €1.99M
4infinity
BE 0863.563.383
Geel · Eq €1.97M
Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 4,931 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-01-2019
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.