Financials
Financial year 2025
OTORINO from Waterloo, company number BE0458783472, closed financial year 2025 with a result of € 297,503 after tax. For that financial year OTORINO recorded a gross margin of € 427,594 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 253,007 to € 297,503. 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 July 2, 2026.
€ 1.7 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 297,503
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 192% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,833 paid out
34 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 50,723
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 46,219
▼ 8% vs 2024
€ 21,291 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 12,105
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,500
▲ 18% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 243,680 | € 264,906 | € 397,739 | € 427,594 | ▲ 8% |
| Profit after taxes | € 158,845 | € 167,952 | € 253,007 | € 297,503 | ▲ 18% |
| Equity | € 1,134,226 | € 1,252,143 | € 1,455,150 | € 1,651,820 | ▲ 14% |
| Total debts | € 120,341 | € 220,098 | € 150,604 | € 203,439 | ▲ 35% |
| Cash | € 1,173,553 | € 623,710 | € 498,269 | € 1,455,121 | ▲ 192% |
| Retained profit | € 904,226 | € 1,022,143 | € 1,225,150 | € 1,421,820 | ▲ 16% |
| Dividend | € 0 | € 50,000 | € 50,000 | € 100,833 | ▲ 102% |
| Bank debt | € 10,850 | € 68,824 | € 50,375 | € 46,219 | ▼ 8% |
| Balance sheet total | € 1,254,567 | € 1,472,240 | € 1,605,754 | € 1,855,258 | ▲ 16% |
Key figures of OTORINO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to OTORINO?
What happened at OTORINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 297,503 (▲ 18% vs 2024). Source: NBB ↗
- New establishment in Waterloo. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 158,845 profit in 2022 to € 297,503 profit in 2025.
Paid € 385,270 in corporate taxes since 2022.
Best year ever: 2025, with € 297,503 profit.
Paid out € 200,833 in dividends to the owners in total.
Management
Behind OTORINO is Gregory NAWARA.
Directors
According to the 2025 annual accounts
Gregory NAWARA
Director
Establishments
Establishment units
Physical locations of this company
Rue Rombaut 80
1410 Waterloo
Brugmannlaan 196
1050 Elsene
Active since 23 December 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.783.472
- VAT number
- BE 0458.783.472
- Registered office
- Rue Rombaut 80, 1410 Waterloo
- Names & denominations
- OTORINO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 1996
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Speur- en ontwikkelingswerk op biotechnologisch gebied