ACTIVE

Otovo BE

Financial year 2024 · Closed on 31/12/2024

Net result-1,3 M €+56,2 %over 1 year
Gross margin-818,8 k €+65,0 %over 1 year
Equity-586,1 k €+80,3 %over 1 year
Workforce4,6 ETP-16,4 %over 1 year

Identity

Source · BCE/KBO

Otovo BE is a Private limited company incorporated in 2022. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Bruxelles. It employs on average 4,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0793.357.654
Incorporation
07/11/2022
Legal form
Private limited company
Registered office
Boulevard du Roi Albert II 4
1000 Bruxelles · BruxellesSee on map
Contributed capital
3 710 000,00 €
Latest accounts
31/12/2024
Average workforce
4,6 ETP
Joint committees (1)
  • 200
Signals
Healthy social debts

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20242023
Income statement
Gross margin-818,8 k €-2,3 M €
EBITDA-1,2 M €-2,9 M €
Operating result-1,2 M €-2,9 M €
Net result-1,3 M €-3 M €
Balance sheet
Equity-586,1 k €-3 M €
Total assets21,6 k €1,9 M €
Cash4,5 k €140,8 k €
Debts607,7 k €4,8 M €
Other
Workforce4,6 ETP5,5 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 3 ended

Active mandates

Petter ULSET

Director · since 13 mars 2025

Active
Sabrina VISSENAEKENS

Persoon belast met dagelijks bestuur · since 01 mars 2024 · until 30 septembre 2024

Active
Lars EKELAND

Director · since 23 novembre 2022 · until 13 mars 2025

Active

Ended mandates

Sabrina VISSENAEKENS

Persoon belast met dagelijks bestuur · since 01 mars 2024

Ended
Cédric SEVER

Persoon belast met dagelijks bestuur · since 01 décembre 2022 · until 13 novembre 2023

Ended
Lars Ekeland

Director · since 04 novembre 2022

Ended

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Boulevard du Roi Albert II 4 1000 Bruxelles
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Full financial information

Source · NBB
20242023
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202407/11/2022
Closing of the financial year31/12/202431/12/2023
Length of the financial year12 months14 months
Filing date22/07/202518/07/2024
General meeting12/05/202524/06/2024
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202412/05/202522/07/2025DutchPDF
Abridged model31/12/202324/06/202418/07/2024DutchPDF

Indicative valuation

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.

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Disclaimer

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

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 3 ended

Active mandates

Petter ULSET

Director · since 13 mars 2025

Active
Sabrina VISSENAEKENS

Persoon belast met dagelijks bestuur · since 01 mars 2024 · until 30 septembre 2024

Active
Lars EKELAND

Director · since 23 novembre 2022 · until 13 mars 2025

Active

Ended mandates

Sabrina VISSENAEKENS

Persoon belast met dagelijks bestuur · since 01 mars 2024

Ended
Cédric SEVER

Persoon belast met dagelijks bestuur · since 01 décembre 2022 · until 13 novembre 2023

Ended
Lars Ekeland

Director · since 04 novembre 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/07/2024
    DIVERSEN
    PDF
  • Mandates24/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/01/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-1,3 M €↑
  2. 2023
    Annual accounts 2023-3 M €
  3. 07/11/2022
    IncorporationPrivate limited company