Equity
€6.1m ▲ 4.2%
De Oesterbank has made a profit without a break since 2014.
De Oesterbank
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2006peak €9.2m (2023)
€7.3m▲ 4.3%
lowest -€188,076 (2012)
€285,185▲ 237%
peak €6.2m (2009)
€6.1m▲ 4.2%
€7.1m▼ 9.9%
peak 392.8 FTE (2022)
366.8 FTE▼ 3.4%
Board14 names since 2019all names
10 directorsPaul Gérard and 9 others
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Result from €84,745 to €285,1851 director appointed, 3 reappointments, 1 statutory auditor r… 24-12Cash from €954,117 to €3.7m
Key points
from the 2025 annual accountsResult
€285,185 ▲ 237%
The result rose in 2025 from €84,745 to €285,185.
Investments
€269,751 0.2 × depreciation
Green is investment, beige is depreciation.
Filings
20 annual accounts since 2006
The last five annual accounts were filed 23 to 80 days before the end of the period.
Board
2 joined · 1 left
Board changed. Latest change 17-07-2026 · 10 in office.
Public support
€30.1m awarded from 2022 to 2025
Flemish support, mostly Erkenning en subsidiëring als maatwerkafdeling.
Checked score
96
Excellent
Financially stronger than 65% of large companies in social work without accommodation (NACE 88)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 91 companies (NACE 88, large).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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
Financial strengthStrong
Score breakdown
lowers risk
Legal form: non-profit association
Liquidity: current ratio 1.73, cash €3.7m
Sector: Social work activities without accommodation (NACE 88)
Founded in 1966
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 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 513 companies had the same profile as De Oesterbank has now. Each dot stands for 2 companies, two years later.
96.1%
were still trading
3.1%
stopped another way
0.8%
went bankrupt
That fits the bankruptcy probability of De Oesterbank itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 513 companies, not a prediction for De Oesterbank. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 filingsDeviation 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 monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Environmental permit granted
Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw of aanleggen, Slopen of verwijderen and 1 more · Oostende
1 director appointed, 1 resignation, 3 reappointments
Appointment: Sabine Claeys · Reappointments: Marie Van Looveren, Filip Dermul and Luc Schepens · Resignation: Roland Beyen · General meeting of 11-05-2026 · Gazette deed
1 director appointed, 3 reappointments, 1 statutory auditor reappointed
Reappointments: Roland Beyen, Peter Verbanck, Raphaël Jacxsens and BV WALTER HOSTEN (statutory auditor) · Appointment: Dirk Vanderpoorten · Permanent representatives: Walter Hosten and Wouter Desplenter · General meeting of 07-05-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0407762165
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| De Oesterbank Ostend | €7.3m | 4.6% | 41.8% | 366.8 |
| Le Trait d'Union Mouscron | €5.4m | 4.1% | 87.2% | 328.2 |
| L'ENTRAIDE PAR LE TRAVAIL DE NAMUR Fernelmont | €4.2m | -7.1% | 53.5% | 233.7 |
| MAATWERKBEDRIJF INTERWEST Veurne | €10.8m | 2.7% | 43.9% | 425.8 |
| Village n°1 Entreprises Braine-le-Château | €12.1m | -3.3% | 45.1% | 609.1 |
| Integratie & Inburgering Antwerpen Antwerp | €1.7m | 0.0% | 60.0% | 305.4 |
| LES PETITS RIENS - SPULLENHULP Ixelles | €14.2m | 1.2% | 74.5% | 241.7 |
Grey: the largest companies of the sector (social work without accommodation (NACE 88)), without their names. Blue: the sector peers from the table.
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.
Official details
Source: KBO- Status
- Active since 25-07-1966Normal situation
- Activity
- Other social work without accommodationNACE 88999and 1 other
- Joint committee
- 327.01Sheltered and social workshops · annual accounts 2023
- Establishment units
- 2.280.824.1488620 Nieuwpoort, since 01-01-2003
- 2.153.132.2598400 Ostend, since 26-04-2006and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2025
Annual accounts 2025
- €16.6m▲ 4.0%
- €14.6m▼ 2.7%
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on De Oesterbank
De Oesterbank has existed since 1966. Turnover grew from €5.0m in 2007 to €7.3m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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 Ostend.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?
- De Oesterbank is a 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 (Sheltered and social workshops).
- 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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