Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 4.7 to 3.7.
Financials
Financial year 2025
O-TRANS from Oudenaarde, company number BE0471648840, closed financial year 2025 with a result of € -64,153 after tax. For that financial year O-TRANS recorded a gross margin of € 145,296 and equity of € 184,621. Compared with financial year 2024, the result moved from € -70,973 to € -64,153. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 184,621
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,153
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 25,517
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 108,621.
People and assets in 2025
3.7
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 174,824
▼ 14% vs 2024
€ 47,200 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.
€ 602
▼ 97% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,714
▼ 92% vs 2024
Loans from banks and other lenders, long and short.
€ 19,446
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,726
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 393,419 | € 335,978 | € 193,152 | € 145,296 | ▼ 25% |
| Profit after taxes | € 14,293 | € -4,831 | € -70,973 | € -64,153 | ▲ € 6,821 |
| Equity | € 324,578 | € 319,747 | € 248,774 | € 184,621 | ▼ 26% |
| Total debts | € 617,758 | € 134,887 | € 71,662 | € 41,836 | ▼ 42% |
| Cash | € 1,246 | € 80,798 | € 37,571 | € 25,517 | ▼ 32% |
| Retained profit | € 248,578 | € 243,747 | € 172,774 | € 108,621 | ▼ 37% |
| Dividend | € 350,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 151,043 | € 67,017 | € 22,148 | € 1,714 | ▼ 92% |
| Balance sheet total | € 942,563 | € 454,786 | € 320,513 | € 226,459 | ▼ 29% |
| Employees (FTE) | 4.7 | 4.7 | 4.1 | 3.7 | ▼ 0.4 |
Key figures of O-TRANS, 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 April 2027.
What happened to O-TRANS?
What happened at O-TRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tom Ottevaere stepped down as director. NBB
- Keeserberg NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 64,153. Source: NBB ↗
- Tom Ottevaere became a director. NBB
- Keeserberg NV became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,293 profit in 2022 to € 64,153 loss in 2025.
Paid € 7,539 in corporate taxes since 2022.
Best year ever: 2022, with € 14,293 profit.
On average € 39,300 of value added per employee in 2025.
Management
The stake of KEESERBERG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
O-TRANSThe shares are held by KEESERBERG (98.7%).
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Chairman of the board · represented by Stefaan Ottevaere
since 2025 · until 2031
Shareholders
98.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Meersbloem-Leupegem 21
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0471.648.840
- VAT number
- BE 0471.648.840
- Registered office
- Meersbloem-Leupegem 21, 9700 Oudenaarde
- Names & denominations
- O-TRANS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2000
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Goederenvervoer over de weg