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 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Oteas from Heist-op-den-Berg, company number BE0547729702, closed financial year 2025 with a result of € 7,974 after tax. For that financial year Oteas recorded a gross margin of € 63,597 and equity of € 52,934. Compared with financial year 2024, the result moved from € 542 to € 7,974. 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 July 3, 2026.
€ 52,934
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,974
▲ € 7,433 vs 2024
Profit after tax over the fiscal year.
€ 16,338
▲ 77% 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 € 34,334.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 400
▲ 3% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 26,524
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44,022
▼ 26% vs 2024
€ 15,460 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,474
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,231
▲ 35% 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 | € 17,916 | € 57,770 | € 47,919 | € 63,597 | ▲ 33% |
| Profit after taxes | € -2,098 | € 23,767 | € 542 | € 7,974 | ▲ € 7,433 |
| Equity | € 20,651 | € 44,419 | € 44,960 | € 52,934 | ▲ 18% |
| Total debts | € 54,949 | € 151,303 | € 182,122 | € 140,948 | ▼ 23% |
| Cash | € 34,959 | € 5,324 | € 9,240 | € 16,338 | ▲ 77% |
| Land & buildings | € 22,039 | € 169,530 | € 157,224 | € 125,796 | ▼ 20% |
| Retained profit | € 2,051 | € 25,819 | € 26,360 | € 34,334 | ▲ 30% |
| Bank debt | € 0 | € 74,892 | € 59,482 | € 44,022 | ▼ 26% |
| Balance sheet total | € 75,600 | € 195,722 | € 227,082 | € 193,883 | ▼ 15% |
Key figures of Oteas, 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 Oteas?
What happened at Oteas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,974 (▲ € 7,433 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Heist-op-den-Berg. KBO
- OLIVIER HEYLEN became a director. NBB
In short
From € 2,098 loss in 2022 to € 7,974 profit in 2025.
Paid € 10,182 in corporate taxes since 2022.
Best year ever: 2023, with € 23,767 profit.
Management
Behind Oteas is OLIVIER HEYLEN.
Directors
According to the 2025 annual accounts
OLIVIER HEYLEN
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Hogeweg 10
2221 Heist-op-den-Berg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Olivier HEYLEN(oprichter) 50%
- Ann WALRAEVENS(oprichter) 50%
Details
- Company number
- 0547.729.702
- VAT number
- BE 0547.729.702
- Registered office
- Hogeweg 10, 2221 Heist-op-den-Berg
- Names & denominations
- Oteas
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2014
- Peppol
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