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Biopower Oostende

Active
Public limited companyfounded 2003active for 22 yearsKuipweg 44, 8400 Oostende, BelgiumKBO/BCE: BE 0861.775.912

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Biopower Oostende has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30.9m and a net result of -€3.4m. Equity has been growing by about 12% per year since 2019. Its solvency ranks better than 51% of 351 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

KBO
Status
Active since 21-11-2003 Normal situation
Activity
Production of electricity from non-renewable sources NACE 35110and 2 others
Establishment unit
2.134.603.972 8400 Oostende, since 21-11-2003
Financial year end
30 April
Peppol
Reachable

Board and ownership

Board
  • Peter ConstantManaging director
  • Sawrij DannyDirector · since 29-03-2022
Shareholders

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts to 30-04-2025
Turnover
€22.5m
▼ 50.7%
Loss
€3.4m
Equity
€30.9m
▼ 9.9%
Total assets
€107.2m
▼ 8.3%
Staff
21.9 FTE
▼ 12.7%
Filed on 02-12-2025, 2 days after the deadlinePDF
Score breakdownraises riskLast filed accounts filed 2 days late; 2 of the last 3 accounts lateLiquidity: current ratio 3.67, cash €707,661Loss of €3.4m (financial year 2025)lowers riskFounded in 2003Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 23% of small companies in electricity, gas and steam (NACE 35)
Financial strength · tick: 2024
Weak
Solvency 54=
equity 28.8% of total assets
Liquidity 41+1
short-term debt 25.8% · cash 0.7%
Profitability 10-82
return on assets -3.2%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (254 companies, NACE 35, small)
Last 24 months 11-2024: 0.9% 12-2024: 1.3%▲ +0.4 percentage points vs 11-2024 01-2025: 1.5%▲ +0.2 percentage points vs 12-2024highest value 02-2025: 0.3%▼ -1.2 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.4%▲ +0.1 percentage points vs 10-2025 12-2025: 0.6%▲ +0.2 percentage points vs 11-2025 01-2026: 0.5%▼ -0.1 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
Credit of up to €2,100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.67 (3.61 in 2024), above the usual 1.5. Short-term debt is 25.8% and cash 0.7% of total assets. However, 71.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, small). It does better than 48% of them on solvency, 24% on liquidity, 6% on profitability and 13% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 2 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 3.67, cash €707,661
NBB · annual accounts
raises risk · Loss of €3.4m (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 02-12-2025, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
2 days late
2024
34 days late
2023
231 days late
2022
20 days late
2021
10 days late
2020
3 days early
2019
130 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 61 days after the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-04-2026 is due by 30-11-2026. Nothing is late today. The company usually files around 20 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-04-2026 year end01-11-2026 today30-11-2026 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €18.0m in 2024 -€3.4m View
  • Caution: Lower net result than 95% of companies in electricity, gas and steamsector median €157,895 · 350 companies -€3.4m View

Comparable companies

These companies have the same main activity as Biopower Oostende: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €24m and €511m, founded between 2001 and 2010.

CompanyTotal assetsTurnover
Biopower Oostende Oostende€107.2m€22.5m
ENECO SOLAR BELGIUM Gent€48.8m€15.5m
callensvyncke Waregem€29.6m€10.6m
ASPIRAVI Kortrijk€333.0m€79.5m
ENECO WIND BELGIUM Wavre€510.6m€15.1m
ENERGIE.BE Sint-Joost-ten-Node€98.1m€123.7m
BELGIAN ECO ENERGY Mechelen€23.9m€30.0m
Full comparison

Documents

Annual accounts at the NBB

All 21 annual accounts

Articles and registers

Key facts about Biopower Oostende

What is the company number of Biopower Oostende?
The company number of Biopower Oostende is 0861.775.912. The VAT number is the same number with BE in front: BE 0861.775.912.
Where is Biopower Oostende based?
The registered office is at Kuipweg 44, 8400 Oostende.Company details
What does Biopower Oostende do?
According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
What is the legal form of Biopower Oostende?
The legal form of Biopower Oostende is Public limited company (NV).
When was Biopower Oostende founded?
Biopower Oostende was founded on 21-11-2003.
Is Biopower Oostende still active?
Yes, Biopower Oostende is an active enterprise in the KBO register.
How many employees does Biopower Oostende have?
Biopower Oostende had an average of 21.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Biopower Oostende?
The turnover of Biopower Oostende was €22.5m in financial year 2025, according to the filed annual accounts.
Is Biopower Oostende profitable?
In financial year 2025, Biopower Oostende made a loss of €3.4m.
Where can I find the annual accounts of Biopower Oostende?
Biopower Oostende filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Biopower Oostende due?
Biopower Oostende must file the annual accounts for financial year 2026 by 30-11-2026.Timeline

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