OTHO CAPITAL
ActiveOTHO CAPITAL has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €361k and a net result of €58k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+7
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.98 against 6.27 in 2024; short-term debt: 20% and cash: 8% of total assets), and 22.6% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
77.4%
Return on assets
12.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
15 d early
2023
6 d early
2022
31 d early
2021
37 d early
2020
5 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€361k▲ 19.3%
2024 · €303k
2019: €246k
2020: €261k
2021: €353k
2022: €533k
2023: €277k
2024: €303k
2019 → 2025
Total assets
€466k▲ 24.8%
2024 · €374k
2019: €344k
2020: €333k
2021: €415k
2022: €622k
2023: €362k
2024: €374k
2019 → 2025
Net result
€58k▲ 132%
2024 · €25k
2019: €44k
2020: €15k
2021: €92k
2022: €180k
2023: €45k
2024: €25k
2019 → 2025
Working capital
€371k▲ 19.2%
2024 · €312k
2019: €182k
2020: €213k
2021: €314k
2022: €508k
2023: €286k
2024: €312k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€353k-€533k▲ 50.8%€277k▼ 47.9%€303k▲ 9.1%€361k▲ 19.3%
Operating result€127k-€246k▲ 93.6%€64k▼ 74.0%€36k▼ 42.9%€78k▲ 115%
Net result€92k-€180k▲ 95.5%€45k▼ 75.2%€25k▼ 43.5%€58k▲ 132%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 115% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €466k
Fixed assets
€1k▼ 50.9%
Current assets
€465k▲ 25.4%
Equity and liabilities €466k
Equity
€361k▲ 19.3%
Debt
€105k▲ 48.2%
The debt ratio rises from 19.0% to 22.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80k▲
2024 · €38k
Cash flow
€60k▲
2024 · €27k
Solvency
77.4%▼
2024 · 81.0%
Current ratio
4.98▼
2024 · 6.27
Quick ratio
4.98▼
2024 · 6.27
Debt / equity
0.29▲
2024 · 0.23
ROE
16.2%▲
2024 · 8.3%
ROA
12.5%▲
2024 · 6.7%
Interest coverage
249.43▲
2024 · 115.24
Debt
€105k▲
2024 · €71k
Debt ≤ 1 year
€93k▲
2024 · €59k
Income taxes
€20k▲
2024 · €11k
Staff costs
€38k▼
2024 · €59k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€374k€466k▲
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Other tangible fixed assets26€3k€1k▼
Financial fixed assets28€135€135=
Current assets29/58€371k€465k▲
Amounts receivable within one year40/41€330k€426k▲
Trade receivables40€273k€379k▲
Other amounts receivable41€57k€47k▼
Cash at bank and in hand54/58€36k€37k▲
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€374k€466k▲
Equity10/15€303k€361k▲
Contributions10/11€19k€19k=
Reserves13€284k€342k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€282k€341k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€71k€105k▲
Amounts payable within one year42/48€59k€93k▲
Trade debts44€55k€93k▲
Suppliers440/4€55k€93k▲
Taxes, remuneration and social security45€3k€1▼
Taxes450/3€342€1▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€1k€135▼
Accrued charges and deferred income492/3€12k€12k=
Income statement
Code20242025
Non-recurring operating income76A-€47k
Remuneration, social security and pensions62€59k€38k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€593€0▼
Other operating charges640/8€373€861▲
Gross operating margin9900€98k€119k▲
Operating profit (loss)9901€36k€78k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€333€321▼
Recurring financial charges65€333€321▼
Profit (loss) for the period before taxes9903€36k€78k▲
Income taxes67/77€11k€20k▲
Profit (loss) for the period9904€25k€58k▲
Profit (loss) for the period to be appropriated9905€25k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€58k▲
Transfer from equity791/2€0-
Transfer to equity691/2€25k€58k▲
To other reserves6921€25k€58k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-03
State Gazette act
Registered office · Purpose · Statutes amendment · Legal-form change · Resignations & appointments · RestructuringGeneral meeting · Demerger · Accounting effect22 facts ▸
State Gazette act
Registered office · Purpose · Statutes amendment · Legal-form change · Resignations & appointments · Restructuring
General meeting · Demerger · Accounting effect22 facts ▸
- General meeting, 2025-12-22
- Demerger, 2025-12-22
- Accounting effect, 2025-09-01
- Share issue, 72, partial split contribution
- Real estate, Een eigendom, met aanhorigheden, op en met grond gestaan en gelegen te Tildonk, Kapelleweg, ten kadaster nog gekend onder nummer 7, actueel inzake huisnummering…
- Capital, €136.598,67
- Purpose change, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen: - De aan…
- Name change, OTHO Capital
- Statutes amendment
- Statutes amendment
- Legal-form conversion, Conversion to 'besloten vennootschap' (BV) and abolition of share capital.
- Reserve release, Release of the statutory unavailable equity account.
- +10 further facts in this act
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
16-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €180k ▲95.5%
Operating result €246k, net result €180k, both a record.
31-03
Financial
Equity above €500kEq €533k ▲50.8%
4 profitable years in a row build equity to €533k.
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Weakest financial yearnet €15k ▼65.1%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
OTHO Advisory
CurrentNon-statutory director · Public limited company · perm. rep.: OLYSLAEGERS Thomas Jozef Anna
22-12-2025
THIJS Christiane Josée Maria: Resigned as Director
Location & real-estate footprint
Registered office, Putte · 1 establishment unit since 2003
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
1,738 m²
Building footprint
550 m²
Volume, LiDAR
1,533 m³
2 parcels, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kapelleweg(TIL) 3 B, 3150 Haacht
since 20032.123.225.179
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24108B0398/00D000 | Flanders | 951 m² | 1 · 405 m² | 4.6 m · 1 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.
Statutory auditor
1 auditor| Moore AuditCurrent Auditor | 22-12-2025 → present |
Structure & network
Connections & network
1 connected companyNetwork connections
Shared corporate director
→
Acquisitions and mergers
1 transactionContributed a business line to:Mils Group
Similar companies · same sector, comparable size
LENGUI
BE 0445.467.451
Ronse · Eq €361k
J2
BE 0426.374.584
Oostkamp · Eq €361k
Oriax
BE 0870.361.501
Merksplas · Eq €361k
DL-INVEST
BE 0832.836.654
Aalst · Eq €361k
ADMIN SADI
BE 0457.734.585
Brugge · Eq €361k
Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-01-2003
Fiscal year end31-03
Activities, NACEBEL
01410Raising of dairy cattle
68203Renting and operating of own or leased non-residential real estate, excluding land
77310Rental and leasing activities
01610Support activities for crop production
68204Real estate activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.