OTES is an electrical contractor in Grimbergen. Private Limited, started on 4 September 2013, 1 establishment.

What is the address of OTES?

The registered office of OTES is located at Zijpstraat 11, 1851 Grimbergen.

Is OTES still active?

Yes. According to the CBE (29 October 2026) OTES is active, legal situation “Normale toestand”, started on 4 September 2013.

Is OTES registered on Peppol?

Yes, OTES is registered on the Peppol network with ID 0208:0537917854.

What is the enterprise number of OTES?

The enterprise number of OTES is BE0537917854.

When was OTES founded?

OTES was founded on 4 September 2013.

Who are the directors of OTES?

According to the 2025 annual accounts, the directors of OTES are: Olivier Snauwaert.

Is OTES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 September 2013; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did OTES make in 2025?

OTES posted a profit after taxes of € 63,457 in financial year 2025.

What is the revenue of OTES?

As a small company, OTES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 151,869.

Does OTES have a website?

Yes, OTES has a website at otessecurity.be.

OTES (Private Limited) - Grimbergen - BE0537917854

Dossier OTES, printed on 29 October 2026 from databakkes.be/en/0537917854/otes. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.

What it is worth Growing

€ 347,622

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 63,457

▼ 7% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 233,146

▲ 70% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 40,063 paid out

63 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 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.

Vehicles and equipment

€ 47,275

▼ 14% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 35,669

▼ 27% vs 2024

€ 13,876 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 39,236

▲ 138% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 17,839

▲ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 98,079 Gross margin 2022: € 98,079 First fiscal year in the series	€ 154,732 Gross margin 2023: € 154,732 ▲ 58% vs 2022 (€ 98,079) Favourable step	€ 162,109 Gross margin 2024: € 162,109 ▲ 5% vs 2023 (€ 154,732) Favourable step	€ 151,869 Gross margin 2025: € 151,869 ▼ 6% vs 2024 (€ 162,109) Unfavourable step	▼ 6%
Profit after taxes	€ 43,612 Profit after taxes 2022: € 43,612 First fiscal year in the series	€ 71,527 Profit after taxes 2023: € 71,527 ▲ 64% vs 2022 (€ 43,612) Favourable step	€ 67,990 Profit after taxes 2024: € 67,990 ▼ 5% vs 2023 (€ 71,527) Unfavourable step	€ 63,457 Profit after taxes 2025: € 63,457 ▼ 7% vs 2024 (€ 67,990) Unfavourable step	▼ 7%
Equity	€ 190,607 Equity 2022: € 190,607 First fiscal year in the series	€ 261,301 Equity 2023: € 261,301 ▲ 37% vs 2022 (€ 190,607) Favourable step	€ 324,227 Equity 2024: € 324,227 ▲ 24% vs 2023 (€ 261,301) Favourable step	€ 347,622 Equity 2025: € 347,622 ▲ 7% vs 2024 (€ 324,227) Favourable step	▲ 7%
Total debts	€ 66,147 Total debts 2022: € 66,147 First fiscal year in the series	€ 116,529 Total debts 2023: € 116,529 ▲ 76% vs 2022 (€ 66,147) Unfavourable step	€ 94,685 Total debts 2024: € 94,685 ▼ 19% vs 2023 (€ 116,529) Favourable step	€ 107,823 Total debts 2025: € 107,823 ▲ 14% vs 2024 (€ 94,685) Unfavourable step	▲ 14%
Cash	€ 55,537 Cash 2022: € 55,537 First fiscal year in the series	€ 98,269 Cash 2023: € 98,269 ▲ 77% vs 2022 (€ 55,537) Favourable step	€ 137,499 Cash 2024: € 137,499 ▲ 40% vs 2023 (€ 98,269) Favourable step	€ 233,146 Cash 2025: € 233,146 ▲ 70% vs 2024 (€ 137,499) Favourable step	▲ 70%
Retained profit	€ 162,607 Retained profit 2022: € 162,607 First fiscal year in the series	€ 233,301 Retained profit 2023: € 233,301 ▲ 43% vs 2022 (€ 162,607) Favourable step	€ 296,227 Retained profit 2024: € 296,227 ▲ 27% vs 2023 (€ 233,301) Favourable step	€ 319,622 Retained profit 2025: € 319,622 ▲ 8% vs 2024 (€ 296,227) Favourable step	▲ 8%
Dividend	€ 800 Dividend 2022: € 800 First fiscal year in the series	€ 833 Dividend 2023: € 833 ▲ 4% vs 2022 (€ 800) Unchanged	€ 5,064 Dividend 2024: € 5,064 ▲ € 4,231 vs 2023 (€ 833) Unchanged	€ 40,063 Dividend 2025: € 40,063 ▲ € 34,999 vs 2024 (€ 5,064) Unchanged	▲ € 34,999
Bank debt	€ 16 Bank debt 2022: € 16 First fiscal year in the series	€ 62,092 Bank debt 2023: € 62,092 ▲ € 62,076 vs 2022 (€ 16) Unfavourable step	€ 49,045 Bank debt 2024: € 49,045 ▼ 21% vs 2023 (€ 62,092) Favourable step	€ 35,669 Bank debt 2025: € 35,669 ▼ 27% vs 2024 (€ 49,045) Favourable step	▼ 27%
Balance sheet total	€ 256,754 Balance sheet total 2022: € 256,754 First fiscal year in the series	€ 377,830 Balance sheet total 2023: € 377,830 ▲ 47% vs 2022 (€ 256,754) Unchanged	€ 418,912 Balance sheet total 2024: € 418,912 ▲ 11% vs 2023 (€ 377,830) Unchanged	€ 455,445 Balance sheet total 2025: € 455,445 ▲ 9% vs 2024 (€ 418,912) Unchanged	▲ 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:

Aug 26, 2026 New annual accounts for financial year 2025: profit of € 63,457 (▼ 7% vs 2024). filed late Source: NBB ↗
Sep 9, 2013 New establishment in Grimbergen. KBO
2013 Olivier Snauwaert became a director. NBB
Sep 4, 2013 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.

Original PDFs at the National Bank ↗

Management

Olivier Snauwaert

OTES

Nationaal Verbond van Zelfstandige Elektriciens en Handelaars in Elektrische Toestellen

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

Registered office

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 →

TM OTES - MVH SECURITY

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS otessecurity.be

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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

Algemene elektrotechnische installatiewerken

Beveiligingsactiviteiten, neg

Diensten in verband met beveiligingssystemen

View on CBE Public ↗ Annual accounts (NBB) ↗

OTES

Financials

What happened to OTES?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

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