Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Oxico from Kortrijk, company number BE0638986312, closed financial year 2025 with a result of € 3.6 million after tax. For that financial year Oxico recorded a gross margin of € 1.9 million and equity of € 9.8 million. Compared with financial year 2024, the result moved from € 3.3 million to € 3.6 million. 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 May 11, 2026.
€ 9.8 million
▲ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.6 million
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 154,432
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
3 % of the profit went to the shareholders, mostly to Topinco (100 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 128
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 105,374
▲ 101% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,837,609 | € 1,940,798 | € 1,939,810 | € 1,939,993 | |
| Profit after taxes | € 3,417,596 | € 2,971,583 | € 3,304,164 | € 3,645,378 | ▲ 10% |
| Equity | € 11,714,156 | € 9,585,740 | € 6,299,904 | € 9,845,281 | ▲ 56% |
| Total debts | € 10,142,965 | € 10,024,751 | € 8,970,006 | € 3,913,045 | ▼ 56% |
| Cash | € 5,357,153 | € 33,716 | € 227,924 | € 154,432 | ▼ 32% |
| Retained profit | € 8,908,678 | € 6,780,261 | € 3,494,425 | € 7,039,803 | ▲ 101% |
| Dividend | € 6,600,000 | € 5,100,000 | € 6,590,000 | € 100,000 | ▼ 98% |
| Bank debt | € 3,228,574 | € 2,319,051 | € 1,409,528 | € 0 | ▼ 100% |
| Balance sheet total | € 21,857,121 | € 19,610,490 | € 15,269,910 | € 13,758,326 | ▼ 10% |
Key figures of Oxico, 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 Oxico?
What happened at Oxico in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.6 million (▲ 10% vs 2024). Source: NBB ↗
- Valoc BV stepped down as director. NBB
- Topinco BV stepped down as director. NBB
- Valoc BV became a director. NBB
- Topinco BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.4 million profit in 2022 to € 3.6 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.6 million profit.
Paid out € 18.4 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Topinco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OxicoThe shares are held by Topinco (100%). It owns 100% of Novitan NV, 90% of Novitan SARL and 33.3% of Creacon itself.
Directors
According to the 2025 annual accounts
since 2021 · until 2026
since 2021 · until 2026
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Evolis(Kor) 29
8500 Kortrijk
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.
Details
- Company number
- 0638.986.312
- VAT number
- BE 0638.986.312
- Registered office
- Evolis(Kor) 29, 8500 Kortrijk
- Names & denominations
- Oxico
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 2015
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van hoofdkantoren