OVIS
OVIS has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-217k) and a net result of €-46k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 3938 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €-217k |
| Net result | €-46k |
| Better than sector | 10% |
| Active | 39 yrs |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -38.9% | 32.1% | |
| Net result | €-46k | €6k | |
| Equity | €-217k | €84k | |
| Gross operating margin | €18k | €44k | |
| Total assets | €559k | €328k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2022 | 2021 | 2020 | 2018 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | €102k | - | - | - | - |
| EBITDA | €18k | €-5k | €71k | €61k | €61k |
| Net profit | €-46k | €-48k | €28k | €-277k | €-269k |
| Cash flow | €8k | €-6k | €71k | €-242k | €-212k |
| Staff costs | - | - | - | - | - |
| Income taxes | €8k | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €559k | €474k | €361k | €315k | €424k |
| Equity | €-217k | €-201k | €-154k | €-182k | €-174k |
| Debt | €776k | €675k | €514k | €497k | €598k |
| of which ≤ 1y | €773k | €616k | €484k | €497k | €545k |
| of which > 1y | €3k | €23k | €30k | - | €51k |
| Working capital | €-633k | €-492k | €-316k | €-325k | €-346k |
| Employees (FTE) | - | - | - | - | - |
| 2024 | 2022 | 2021 | 2020 | 2018 | |
|---|---|---|---|---|---|
| Current ratio | 0.18 | 0.20 | 0.35 | 0.35 | 0.36 |
| Quick ratio | 0.07 | 0.07 | 0.18 | 0.18 | 0.27 |
| Working capital ratio | -113.2% | -103.9% | -87.6% | -103.2% | -81.7% |
| Solvency | -38.9% | -42.5% | -42.5% | -57.8% | -41.0% |
| Debt / equity | -3.57 | -3.35 | -3.35 | - | -0.29 |
| Long-term debt ratio | -0.02 | -0.12 | -0.20 | - | -0.29 |
| Interest coverage | 14.42 | -5.75 | 101.73 | - | - |
| Gross margin | -66.4% | - | - | - | - |
| Net margin | -45.7% | - | - | - | - |
| ROA | -8.3% | -10.1% | 7.9% | -88.1% | -63.6% |
| ROE | 21.4% | 23.8% | -18.5% | 152.6% | 155.0% |
| EBITDA margin | 17.5% | - | - | - | - |
| Days sales outstanding | 118d | - | - | - | - |
| Days payable outstanding | 60d | - | - | - | - |
| Inventory turnover | 1.96 | - | - | - | - |
| Days inventory (DSI) | 187d | - | - | - | - |
Full annual accounts (28 line items)
| Line item | Code | 2024 | 2022 | 2021 | 2020 | 2018 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €559k | €474k | €361k | €315k | €424k |
| Fixed assets | 21/28 | €419k | €350k | €193k | €143k | €225k |
| Intangible fixed assets | 21 | - | - | - | €0 | - |
| Tangible fixed assets | 22/27 | €419k | €347k | €189k | €140k | €222k |
| Financial fixed assets | 28 | €400 | €3k | €3k | €3k | €3k |
| Current assets | 29/58 | €140k | €124k | €168k | €172k | €199k |
| Stocks & contracts in progress | 3 | €86k | €82k | €82k | €82k | €54k |
| Amounts receivable within one year | 40/41 | €36k | €7k | €29k | €31k | €107k |
| Investments | 50/53 | €2k | €2k | €2k | €2k | €2k |
| Cash & bank | 54/58 | €14k | €33k | €54k | €53k | €32k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €559k | €474k | €361k | €315k | €424k |
| Equity | 10/15 | €-217k | €-201k | €-154k | €-182k | €-174k |
| Contributions / capital | 10/11 | €29k | €29k | €29k | €29k | €29k |
| Reserves | 13 | €66k | €66k | €66k | €66k | €66k |
| Accumulated profits (losses) | 14 | €-313k | €-297k | €-249k | €-277k | €-269k |
| Amounts payable | 17/49 | €776k | €675k | €514k | €497k | €598k |
| Amounts payable after one year | 17 | €3k | €23k | €30k | - | €51k |
| Amounts payable within one year | 42/48 | €773k | €616k | €484k | €497k | €545k |
| Trade debts payable within one year | 44 | €28k | €32k | €24k | €49k | €114k |
| Income statement | ||||||
| Turnover | 70 | €102k | - | - | - | - |
| Gross operating margin | 9900 | €18k | €-5k | €72k | €61k | €61k |
| Operating result | 9901 | €-37k | €-47k | €29k | €25k | €3k |
| Financial income | 75 | €100 | €1 | €118 | €1 | €1 |
| Financial charges | 65 | €1k | €831 | €700 | €2k | €2k |
| Result before taxes | 9903 | €-38k | €-48k | €28k | €23k | €935 |
| Income taxes | 67/77 | €8k | - | - | - | - |
| Net result for the period | 9904 | €-46k | €-48k | €28k | €23k | €935 |
| Result to be appropriated | 9905 | €-46k | €-48k | €28k | €23k | €935 |
| NACE primary | Mixed farming(01500) |
| Legal form | Private limited company(610) |
| Incorporation | 06-03-1987 |
| Status | Active |
| Postal code | 6950 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83040B0115/00E000 | Wallonia | 752 m² | 1 · 153 m² | - |
| 83040A0507/00R000 | Wallonia | 330 m² | 1 · 125 m² | 6.7 m · 2 fl. |
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
07-03-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Laurence DEMAREZ",
"firm_city": null,
"firm_name": null,
"office_city": "Nassogne",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-03-07",
"filing_date": "2024-03-05",
"act_kind_objet": "verbatim"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-02-27",
"unanimous": true
},
"agm_change": null,
"detected_kind": "other",
"other_address": {
"action": "modified",
"purpose": "statutaire_zetel",
"address_new": "Rue de Marche 22, 6950 Nassogne",
"address_old": "Rue de Marche 22, 6950 Nassogne",
"effective_date": "2024-02-27",
"effective_date_is_approximate": false
},
"mandate_renewal": null,
"subject_company": {
"kbo": "0430.596.955",
"name_full": "OVIS",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"Coordination des statuts",
"Rapport de l\u0027organe d\u0027administration du 20 f\u00E9vrier 2024"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}| Legal nameFR | OVIS |