Financials
Financial year 2025
OTES from Grimbergen, company number BE0537917854, closed financial year 2025 with a result of € 63,457 after tax. For that financial year OTES recorded a gross margin of € 151,869 and equity of € 347,622. Compared with financial year 2024, the result moved from € 67,990 to € 63,457. The company is profitable. 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 26, 2026.
€ 347,622
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,457
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 233,146
▲ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,063 paid out
63 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 29,641
▼ 14% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 47,275
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 35,669
▼ 27% vs 2024
€ 13,876 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 39,236
▲ 138% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,839
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 98,079 | € 154,732 | € 162,109 | € 151,869 | ▼ 6% |
| Profit after taxes | € 43,612 | € 71,527 | € 67,990 | € 63,457 | ▼ 7% |
| Equity | € 190,607 | € 261,301 | € 324,227 | € 347,622 | ▲ 7% |
| Total debts | € 66,147 | € 116,529 | € 94,685 | € 107,823 | ▲ 14% |
| Cash | € 55,537 | € 98,269 | € 137,499 | € 233,146 | ▲ 70% |
| Retained profit | € 162,607 | € 233,301 | € 296,227 | € 319,622 | ▲ 8% |
| Dividend | € 800 | € 833 | € 5,064 | € 40,063 | ▲ € 34,999 |
| Bank debt | € 16 | € 62,092 | € 49,045 | € 35,669 | ▼ 27% |
| Balance sheet total | € 256,754 | € 377,830 | € 418,912 | € 455,445 | ▲ 9% |
Key figures of OTES, 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 OTES?
What happened at OTES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,457 (▼ 7% vs 2024). filed late Source: NBB ↗
- New establishment in Grimbergen. KBO
- Olivier Snauwaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 43,612 profit in 2022 to € 63,457 profit in 2025.
Paid € 107,729 in corporate taxes since 2022.
Best year ever: 2023, with € 71,527 profit.
Paid out € 46,759 in dividends to the owners in total.
Management
Behind OTES is Olivier Snauwaert. Olivier Snauwaert is also behind Nationaal Verbond van Zelfstandige Elektriciens en Handelaars in Elektrische Toestellen.
Directors
According to the 2025 annual accounts
Olivier Snauwaert
Director
Also active at: Nationaal Verbond van Zelfstandige Elektriciens en Handelaars in Elektrische Toestellen
since 2013
Establishments
Establishment units
Physical locations of this company
Zijpstraat 11
1851 Grimbergen
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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0537.917.854
- VAT number
- BE 0537.917.854
- Registered office
- Zijpstraat 11, 1851 Grimbergen
- Names & denominations
- OTES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2013
- Peppol
- Active · Active since 15 May 2024
- Contact
- otessecurity.be
- Activities · NACE
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Beveiligingsactiviteiten, neg
Diensten in verband met beveiligingssystemen