Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
OTHEUS from Geel, company number BE0445253061, closed financial year 2025 with a result of € 310,844 after tax. For that financial year OTHEUS recorded a gross margin of € 2.1 million and equity of € 1 million. Compared with financial year 2024, the result moved from € 59,406 to € 310,844. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 5, 2026.
€ 1 million
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 310,844
▲ € 251,438 vs 2024
Profit after tax over the fiscal year.
€ 161,326
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1 million.
People and assets in 2025
26.7
▲ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 14% vs 2024
€ 40,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 82,111
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.5 million
▼ 13% vs 2024
€ 934,502 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 590,788
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 652,521
▲ 72% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,247,957 | € 1,231,330 | € 1,577,223 | € 2,077,308 | ▲ 32% |
| Profit after taxes | € 324,604 | € 180,079 | € 59,406 | € 310,844 | ▲ € 251,438 |
| Equity | € 484,390 | € 664,469 | € 723,875 | € 1,034,719 | ▲ 43% |
| Total debts | € 2,878,277 | € 3,807,533 | € 6,022,038 | € 5,708,425 | ▼ 5% |
| Cash | € 304,456 | € 64,835 | € 89,789 | € 161,326 | ▲ 80% |
| Land & buildings | € 2,126,211 | € 3,280,812 | € 5,233,271 | € 4,961,927 | ▼ 5% |
| Retained profit | € 465,798 | € 645,877 | € 705,283 | € 1,016,127 | ▲ 44% |
| Bank debt | € 2,531,738 | € 3,368,032 | € 5,116,054 | € 4,458,471 | ▼ 13% |
| Balance sheet total | € 3,362,668 | € 4,472,002 | € 6,745,912 | € 6,743,143 | |
| Employees (FTE) | 19.5 | 18.7 | 23.9 | 26.7 | ▲ 2.8 |
Key figures of OTHEUS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to OTHEUS?
What happened at OTHEUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 310,844 (▲ € 251,438 vs 2024). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- New establishment in Geel. KBO
- New establishment in Diest. KBO
- New establishment in Mol. KBO
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 324,604 profit in 2022 to € 310,844 profit in 2025.
Paid € 165,630 in corporate taxes since 2022.
Best year ever: 2022, with € 324,604 profit.
On average € 77,800 of value added per employee in 2025.
Management
Behind OTHEUS is GUY BUYS. GUY BUYS is also behind DESDEMONA.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 18
2440 Geel
Nieuwstraat 2
2440 Geel
Active since 26 June 2016
Sint-Jan Berchmansstraat 11
3290 Diest
Active since 25 June 2016
Corbiestraat 30
2400 Mol
Active since 25 June 2016
Grote Markt 58-59
2300 Turnhout
Active since 25 June 2016
Maastrichterstraat 11
3500 Hasselt
Active since 30 December 2016
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
- 0445.253.061
- VAT number
- BE 0445.253.061
- Registered office
- Nieuwstraat 18, 2440 Geel
- Names & denominations
- OTHEUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 1991
- Peppol
- Active · Active since 9 Sept 2024
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Groothandel in kleding, kledingtoebehoren en bontartikelen
Groothandel in kleding, met uitzondering van werk- en onderkleding
Detailhandel in textiel
Detailhandel in huishoudtextiel en beddengoed