Financials
Financial year 2024
OTIUM from Brugge, company number BE0435780418, closed financial year 2024 with a result of € 20,829 after tax. For that financial year OTIUM recorded a gross margin of € 32,394 and equity of € 1 million. Compared with financial year 2023, the result moved from € -33,178 to € 20,829. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 1 million
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,829
▲ still € 33,178 loss in 2023
Profit after tax over the fiscal year.
€ 239
▼ 27% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 7,511 paid out
36 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2024
€ 68,482
▼ 41% vs 2023
€ 44,397 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 548
▼ 78% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 52
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 598,018 | € -1,840 | € -18,068 | € 32,394 | ▲ € 50,462 |
| Profit after taxes | € 374,203 | € -113,984 | € -33,178 | € 20,829 | ▲ € 54,007 |
| Equity | € 1,170,432 | € 1,068,843 | € 1,035,665 | € 1,048,984 | ▲ 1% |
| Total debts | € 394,019 | € 302,943 | € 228,660 | € 210,164 | ▼ 8% |
| Cash | € 32 | € 4,831 | € 329 | € 239 | ▼ 27% |
| Land & buildings | € 265,650 | € 265,650 | € 265,650 | € 265,650 | |
| Retained profit | € 1,164,227 | € 1,050,243 | € 1,017,065 | € 1,030,384 | ▲ 1% |
| Dividend | € 1,600 | € 0 | € 0 | € 7,511 | |
| Bank debt | € 187,102 | € 154,957 | € 115,425 | € 68,482 | ▼ 41% |
| Balance sheet total | € 1,601,973 | € 1,409,307 | € 1,301,846 | € 1,296,669 |
Key figures of OTIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to OTIUM?
What happened at OTIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 20,829. filed late Source: NBB ↗
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 374,203 profit in 2021 to € 20,829 profit in 2024.
Paid € 199,550 in corporate taxes since 2021.
Best year ever: 2021, with € 374,203 profit.
Paid out € 9,111 in dividends to the owners in total.
Management
Behind OTIUM is CAROLINE DECOCK.
Directors
According to the 2024 annual accounts
CAROLINE DECOCK
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Leikendreef 2
8200 Brugge
Koning Albertstraat 25
8210 Zedelgem
Active since 9 December 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.780.418
- VAT number
- BE 0435.780.418
- Registered office
- Leikendreef 2, 8200 Brugge
- Names & denominations
- OTIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 1988
- Peppol
- Active · Active since 24 Nov 2023