de papaver oostende
Activede papaver oostende has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €-2k. Equity is shrinking by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 27% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-5
Solvency32=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.5 in 2024; short-term debt: 19.4% of total assets), and 93.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.6%
Return on assets
-1.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
28 d late
2022
30 d late
2021
22 d late
2020
33 d early
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 16.6%
2024 · €13k
2018: €32k
2019: €34k
2020: €49k
2021: €37k
2022: €20k
2023: €11k
2024: €13k
2018 → 2025
Total assets
€169k▼ 7.3%
2024 · €183k
2018: €250k
2019: €239k
2020: €244k
2021: €219k
2022: €203k
2023: €197k
2024: €183k
2018 → 2025
Net result
€-2k
2024 · €2k
2018: €514
2019: €2k
2020: €16k
2021: €-12k
2022: €-17k
2023: €-9k
2024: €2k
2018 → 2025
Working capital
€-24k▼ 12.8%
2024 · €-21k
2018: €4k
2019: €-6k
2020: €915
2021: €-18k
2022: €-21k
2023: €-24k
2024: €-21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€20k▼ 45.3%€11k▼ 43.7%€13k▲ 18.2%€11k▼ 16.6%
Operating result€-9k-€-14k▼ 46.1%€-6k▲ 58.4%€6k€98▼ 98.2%
Net result€-12k-€-17k▼ 34.4%€-9k▲ 47.1%€2k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 98% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€160k▼ 1.0%
Current assets
€9k▼ 55.9%
Equity and liabilities €169k
Equity
€11k▼ 16.6%
Debt
€158k▼ 6.6%
The debt ratio rises from 92.6% to 93.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €12k
Cash flow
€5k▼
2024 · €9k
Solvency
6.6%▼
2024 · 7.4%
Current ratio
0.28▼
2024 · 0.50
Quick ratio
0.15▼
2024 · 0.32
Debt / equity
14.08▲
2024 · 12.56
ROE
-20.0%▼
2024 · 15.4%
ROA
-1.3%▼
2024 · 1.1%
Interest coverage
3.30▼
2024 · 3.64
Debt
€158k▼
2024 · €169k
Debt ≤ 1 year
€33k▼
2024 · €42k
Debt > 1 year
€125k▼
2024 · €126k
Income taxes
€172▲
2024 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€183k€169k▼
Fixed assets21/28€161k€160k▼
Tangible fixed assets22/27€161k€160k▼
Land and buildings22€160k€154k▼
Plant, machinery and equipment23€1k€1k=
Furniture and vehicles24-€5k
Current assets29/58€21k€9k▼
Stocks and contracts in progress3€8k€4k▼
Stocks30/36€8k€4k▼
Amounts receivable within one year40/41€12k€4k▼
Trade receivables40€3k€1k▼
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€750-
Deferred charges and accrued income490/1€790€320▼
Equity and liabilities
Total equity and liabilities10/49€183k€169k▼
Equity10/15€13k€11k▼
Contributions10/11€19k€19k=
Reserves13€29k€29k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€-34k€-37k▼
Amounts payable17/49€169k€158k▼
Amounts payable after more than one year17€126k€125k▼
Financial debts170/4€81k€65k▼
Other amounts payable178/9€45k€60k▲
Amounts payable within one year42/48€42k€33k▼
Current portion of amounts payable after more than one year42€18k€18k▲
Financial debts43€8k€3k▼
Credit institutions430/8€8k€3k▼
Trade debts44€11k€7k▼
Suppliers440/4€11k€7k▼
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€1k€666▼
Accrued charges and deferred income492/3€699€528▼
Income statement
Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€360▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€15k€9k▼
Operating profit (loss)9901€6k€98▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€2k€-2k▼
Income taxes67/77€132€172▲
Profit (loss) for the period9904€2k€-2k▼
Profit (loss) for the period to be appropriated9905€2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-37k▼
Profit (loss) brought forward from the previous period14P€-37k€-34k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €16k ▲605%
Operating result €25k, net result €16k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nieuwpoortsesteenweg 948400 OostendeGround area
505 m²
Building footprint
500 m²
Volume, LiDAR
7,227 m³
Parcel 35386D0034/00D011, Flanders · tallest building 21.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
De papaver Oostende
since 20032.134.039.392
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35386D0034/00D011 | Flanders | 505 m² | 1 · 500 m² | 21.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
NICO FLORA
BE 0639.927.014
Jette · Eq €11k
P.A.M.B.
BE 0725.727.175
Elsene · Eq €11k
WILL'UP
BE 0747.636.012
Oupeye · Eq €11k
A l'ombre des Fleurs
BE 0793.347.063
Chastre · Eq €11k
GULLIVER
BE 0890.834.340
Theux · Eq €11k
Of 3,387 companies in sector 47761 we hold annual accounts for 1,156. 485 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-10-2003
Fiscal year end31-12
Activities, NACEBEL
47761Retail sale of flowers, plants, seeds and fertilisers
52483
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.