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De Oesterbank

Active
Non-profit associationfounded 1966active for 60 yearsVaartblekersstraat 15, 8400 Oostende, BelgiumKBO/BCE: BE 0407.762.165
Summary

De Oesterbank has been active since 1966 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.1m and a net result of €285,185. Equity has been growing by about 2.6% per year since 2018. Its solvency ranks better than 35% of 487 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-07-1966 Normal situation
Activity
Other social work without accommodation NACE 88999and 1 other
Joint committee
327.01 Paritair Subcomité voor de Vlaamse sector van de beschutte werkplaatsen, de sociale werkplaatsen en de maatwerkbedrijven · annual accounts 2023
Establishment units
2.280.824.148 8620 Nieuwpoort, since 01-01-2003
2.153.132.259 8400 Oostende, since 26-04-2006and 1 other
Financial year end
31 December
Peppol
Reachable since 31-10-2025

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€7.3m
▲ 4.3%
Operating revenue
€16.6m
▲ 4.0%
Surplus
€285,185
▲ 237%
Equity
€6.1m
▲ 4.2%
Total assets
€14.6m
▼ 2.7%
Staff
366.8 FTE
▼ 3.4%
Score breakdownlowers riskLegal form: non-profit associationLiquidity: current ratio 1.73, cash €3.7mSector: Social work activities without accommodation (NACE 88)Founded in 1966Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 65% of large companies in social work without accommodation (NACE 88)
Financial strength · tick: 2024
Strong
Solvency 67+3
equity 41.8% of total assets
Liquidity 74+23
short-term debt 21.3% · cash 25.1%
Profitability 81+10
return on assets 1.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (91 companies, NACE 88, large)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.73 (1.55 in 2024), above the usual 1.5. Short-term debt is 21.3% and cash 25.1% of total assets. However, 58.2% 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 88, large). It does better than 21% of them on solvency, 91% on liquidity, 85% on profitability and 61% on growth.

The bankruptcy probability was computed on 02-11-2026 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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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 1.73, cash €3.7m
NBB · annual accounts
lowers risk · Sector: Social work activities without accommodation (NACE 88)
KBO
lowers risk · Founded in 1966
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
57 days early
2023
47 days early
2022
80 days early
2021
61 days early
2020
23 days early
2019
23 days early
← 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 45 days before the deadline. In the sector (NACE 88), the median for financial year 2024 was 24 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 June (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
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €84,745 to €285,185 ▲ 237% View
  • Positive: 2nd largest employer in Ostend, Health and social work sectorin the Checked rankings No. 2 View
  • Flemish supportawarded from 2022 to 2025 €30.1m View
  • Board changedlatest change 17-07-2026 · 10 in office 2 joined · 1 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €285,185 8 years View

Recent changes

  1. · Gazette deed Appointment: Sabine Claeys (director)Reappointments: Marie Van Looveren, Filip Dermul and Luc Schepens · Resignation: Roland Beyen (director) · Permanent representative: Wouter Desplenter
  2. · Gazette deed Reappointments: Roland Beyen, Peter Verbanck and 2 othersAppointment: Dirk Vanderpoorten (director) · Permanent representatives: Walter Hosten and Wouter Desplenter
  3. · Gazette deed Resignation: Wouter Desplenter (director)Permanent representative: Wouter Desplenter
All 17 events

Comparable companies

These companies have the same main activity as De Oesterbank: other social work without accommodation (NACE 88999). They are comparable in size and age: total assets between €11m and €32m, founded between 1937 and 1981.

CompanyTotal assetsTurnover
De Oesterbank Oostende€14.6m€7.3m
Le Trait d'Union Mouscron€11.1m€5.4m
L'ENTRAIDE PAR LE TRAVAIL DE NAMUR Fernelmont€14.7m€4.2m
MAATWERKBEDRIJF INTERWEST Veurne€32.4m€10.8m
Village n°1 Entreprises Braine-le-Château€20.0m€12.1m
Integratie & Inburgering Antwerpen Antwerpen€17.2m€1.7m
LES PETITS RIENS - SPULLENHULP Elsene€21.1m€14.2m
Full comparison

Key facts about De Oesterbank

What is the company number of De Oesterbank?
The company number of De Oesterbank is 0407.762.165. The VAT number is the same number with BE in front: BE 0407.762.165.
Where is De Oesterbank based?
The registered office is at Vaartblekersstraat 15, 8400 Oostende.Company details
What does De Oesterbank do?
According to the KBO register, the main activity is other social work without accommodation (NACE 88999).
What is the legal form of De Oesterbank?
The legal form of De Oesterbank is Non-profit association (VZW).
When was De Oesterbank founded?
De Oesterbank was founded on 25-07-1966.
Is De Oesterbank still active?
Yes, De Oesterbank is an active enterprise in the KBO register.
How many employees does De Oesterbank have?
De Oesterbank had an average of 366.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does De Oesterbank fall under?
In its 2023 annual accounts, De Oesterbank states joint committee 327.01 (Paritair Subcomité voor de Vlaamse sector van de beschutte werkplaatsen, de sociale werkplaatsen en de maatwerkbedrijven).
What is the turnover of De Oesterbank?
The turnover of De Oesterbank was €7.3m in financial year 2025, according to the filed annual accounts.
Is De Oesterbank profitable?
In financial year 2025, De Oesterbank made a profit of €285,185.
Where can I find the annual accounts of De Oesterbank?
De Oesterbank filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of De Oesterbank due?
De Oesterbank must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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