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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Busy address KBO
39 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
O3 DEVELOPMENT from Westerlo, company number BE0739704776, closed financial year 2025 with a result of € 149,098 after tax. For that financial year O3 DEVELOPMENT recorded a gross margin of € 274,964 and equity of € -229,517. Compared with financial year 2024, the result moved from € -419,654 to € 149,098. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -229,517
▲ € 149,098 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 149,098
▲ still € 419,654 loss in 2024
Profit after tax over the fiscal year.
€ 64,625
▲ € 49,641 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 € -249,517.
Debts at end 2025
€ 1.8 million
▼ 19% vs 2024
Loans from banks and other lenders, long and short.
€ 228,214
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,583
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 | € 105,800 | € 117,221 | € -250,151 | € 274,964 | ▲ € 525,116 |
| Profit after taxes | € 28,184 | € -33,894 | € -419,654 | € 149,098 | ▲ € 568,752 |
| Equity | € 74,933 | € 41,039 | € -378,615 | € -229,517 | ▲ € 149,098 |
| Total debts | € 5,429,436 | € 7,673,585 | € 7,541,863 | € 2,242,520 | ▼ 70% |
| Cash | € 50,921 | € 15,612 | € 14,984 | € 64,625 | ▲ € 49,641 |
| Retained profit | € 54,933 | € 21,039 | € -398,615 | € -249,517 | ▲ € 149,098 |
| Bank debt | € 502,000 | € 2,634,000 | € 2,277,142 | € 1,846,639 | ▼ 19% |
| Balance sheet total | € 5,504,369 | € 7,714,624 | € 7,163,248 | € 2,013,003 | ▼ 72% |
Key figures of O3 DEVELOPMENT, 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 O3 DEVELOPMENT?
What happened at O3 DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 149,098. filed late Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,184 profit in 2022 to € 149,098 profit in 2025.
Paid € 12,246 in corporate taxes since 2022.
Best year ever: 2025, with € 149,098 profit.
Management
The stake of O3 LAND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
O3 DEVELOPMENTBehind O3 DEVELOPMENT is Dipar V BV. The shares are held by O3 LAND (100%).
Directors
According to the 2025 annual accounts
Director · represented by Dirk Thys
Also active at: LOPAR, THYS BOUWPROJECTEN, O3 SHIFT IMMO, VAN WELLEN-THYS CONSTRUCT, KOEKOEKSHOF, O3 SHIFT MOL, CLT-S, Monath +17 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 13
2260 Westerlo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.
All companies at this address →LOPAR same network
€ 1.2 million gross margin · 2025
INNOCHEM
€ 34.3 million revenue · 2026
THYS BOUWPROJECTEN same network
€ -296,460 gross margin · 2025
KERTEZA
€ 912,803 gross margin · 2025
GMI group
€ 16.9 million revenue · 2025
+34 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0739.704.776
- VAT number
- BE 0739.704.776
- Registered office
- Nijverheidsstraat 13, 2260 Westerlo
- Names & denominations
- O3 DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2019
- Peppol
- Active · Active since 24 Oct 2025
- Activities · NACE
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