ACTIVE

OTIV

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Financial year 2025 · closed on 31/12/2025
Net result
-3 M €
-81.5% YoY
Gross margin
-72,5 k €
-112.5% YoY
Equity
2,6 M €
+63.9% YoY
Workforce
28,8 ETP
+10.3% YoY

What does OTIV do?

OTIV is a Private limited company incorporated in 2020. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 28,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0743.386.224
Incorporation
06/02/2020
Legal form
Private limited company
Registered office
Nieuwewandeling 62
9000 Gent · FlandreSee on map
Contributed capital
7 845 776,94 €
Latest accounts
31/12/2025
Average workforce
28,8 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62020Computer consultancy activities62200Computer programming, consultancy and related activities70200Management consultancy activities70220Business and other management consultancy activities+2
Joint committees (1)
  • 20000
Contacts
2 public details availableLog in to view
Signals
Solid equityGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-72,5 k €580,4 k €694 k €-152,4 k €-92,9 k €
EBITDA-2,6 M €-1,5 M €-150,5 k €-493,8 k €-311,5 k €
Operating result-3,1 M €-1,8 M €-243,6 k €-505 k €-317,9 k €
Net result-3 M €-1,6 M €-258 k €-509,5 k €-320,6 k €
Balance sheet
Equity2,6 M €1,6 M €982,4 k €1,2 M €163,2 k €
Total assets6,8 M €4,2 M €3 M €2,1 M €352,4 k €
Cash1,1 M €872 k €920,3 k €1,5 M €299,3 k €
Debts4,1 M €2,3 M €2 M €570,9 k €187,5 k €
Other
Workforce28,8 ETP26,1 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 9 ended

Active mandates

Miles Ahead Studio

Director · since 23 septembre 2025 · 0790.225.247

Represented by Luc Burgelman

Active
ROCT

Director · since 23 septembre 2025 · 0797.392.953

Represented by Roel Callebaut

Active
Leap Time

Director · since 30 août 2023 · until 26 juin 2026 · 0637.793.905

Represented by Pauwels Geert

Active
Niels Dora C. Van Damme

Director · since 02 novembre 2022

Active
Sam Frans G. De Smet

Director · since 02 novembre 2022

Active
Willem Poerink

Director · since 02 novembre 2022

Active

Ended mandates

Niels Van Damme

Director · since 02 novembre 2022

Ended
Roel Callebaut

Director · since 02 novembre 2022

Ended
Sam De Smet

Director · since 02 novembre 2022

Ended
Niels Dora Van Damme

Director · since 06 février 2020

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202106/02/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months11 months
Filing date20/07/202625/07/202526/07/202431/08/202331/08/202227/08/2021
General meeting26/06/202605/07/202528/06/202430/06/202312/08/202226/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202620/07/2026DutchPDF
Abridged model31/12/202405/07/202525/07/2025DutchPDF
Micro model31/12/202328/06/202426/07/2024DutchPDF
Micro model31/12/202230/06/202331/08/2023DutchPDF
Micro model31/12/202112/08/202231/08/2022DutchPDF
Micro model31/12/202026/08/202127/08/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 9 ended

Active mandates

Miles Ahead Studio

Director · since 23 septembre 2025 · 0790.225.247

Represented by Luc Burgelman

Active
ROCT

Director · since 23 septembre 2025 · 0797.392.953

Represented by Roel Callebaut

Active
Leap Time

Director · since 30 août 2023 · until 26 juin 2026 · 0637.793.905

Represented by Pauwels Geert

Active
Niels Dora C. Van Damme

Director · since 02 novembre 2022

Active
Sam Frans G. De Smet

Director · since 02 novembre 2022

Active
Willem Poerink

Director · since 02 novembre 2022

Active

Ended mandates

Niels Van Damme

Director · since 02 novembre 2022

Ended
Roel Callebaut

Director · since 02 novembre 2022

Ended
Sam De Smet

Director · since 02 novembre 2022

Ended
Niels Dora Van Damme

Director · since 06 février 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/07/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates10/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares30/05/2024
    DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates24/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/06/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/11/2022
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-3 M €↓
  2. 2024
    Annual accounts 2024-1,6 M €↓
  3. 2023
    Annual accounts 2023-258 k €↑
  4. 2022
    Annual accounts 2022-509,5 k €↓
  5. 2021
    Annual accounts 2021-320,6 k €
  6. 06/02/2020
    IncorporationPrivate limited company