Désirée Oostende

Active

Public limited companyfounded 20214 yrs activeFrankrijklei 70, 2000 Antwerpen, BelgiumKBO/BCE: BE 0778.699.667

The computed 12-month bankruptcy probability of Désirée Oostende is 4.0% (moderate). The annual accounts of Désirée Oostende for fiscal year 2024 show a net loss of 95% of the equity at the start of that year. The 2024 annual accounts show equity of €8k and a net result of €-147k. Equity is shrinking by ~152% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 18% of 2935 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

34 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability17▲+16

Solvency25▼-7

Growth32=

Track record94

Bankruptcy probability, 12 months

4.0% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity short (current ratio 0.12 against 0.14 in 2023; short-term debt: 5% and cash: 0.6% of total assets), and 99.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

0.4%

Return on assets

-6.8%

Age of the figures

21 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

222324

2022 to 2024 · latest year €-147k

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2935 sector peers (2024).

NBB · sector comparison

Position among 2935 sector peers

Solvency

better than 18%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

7 d early

2023

70 d early

2022

59 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€8k▼ 94.9%

2023 · €155k

2022: €479k 2023: €155k

2022 → 2024

Total assets

€2.17M▼ 6.6%

2023 · €2.33M

2022: €2.15M 2023: €2.33M

2022 → 2024

Net result

€-147k▲ 54.6%

2023 · €-324k

2022: €-146k 2023: €-324k

2022 → 2024

Working capital

€-96k▲ 57.8%

2023 · €-226k

2022: €123k 2023: €-226k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€479k-€155k▼ 67.7%€8k▼ 94.9%

Operating result€-97k-€-269k▼ 176%€-33k▲ 87.8%

Net result€-146k-€-324k▼ 122%€-147k▲ 54.6%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €33k in 2024 against €269k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €2.17M

99.4%

Fixed assets €2.16M▼ 5.7%

Current assets €13k▼ 65.3%

Equity and liabilities €2.17M

99.6%

Equity €8k▼ 94.9%

Debt €2.16M▼ 0.3%

The debt ratio rises from 93.3% to 99.6%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€98k▲

2023 · €-149k

Cash flow

€-17k▲

2023 · €-204k

Solvency

0.4%▼

2023 · 6.7%

Current ratio

0.12▼

2023 · 0.14

Quick ratio

0.12▲

2023 · 0.10

ROA

-6.8%▲

2023 · -13.9%

Interest coverage

0.85▲

2023 · -2.69

Debt

€2.16M▼

2023 · €2.17M

Debt ≤ 1 year

€109k▼

2023 · €264k

Debt > 1 year

€2.06M▲

2023 · €1.91M

Staff costs

€59k▼

2023 · €105k

A ratio outside any meaningful range has been withheld (balance sheet total €2.17M, equity €8k).

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€2.33M€2.17M▼

Fixed assets21/28€2.29M€2.16M▼

Tangible fixed assets22/27€2.29M€2.16M▼

Land and buildings22€1.91M€1.83M▼

Plant, machinery and equipment23€282k€249k▼

Furniture and vehicles24€100k€77k▼

Financial fixed assets28€562€562=

Current assets29/58€38k€13k▼

Stocks and contracts in progress3€11k-

Stocks30/36€11k-

Amounts receivable within one year40/41€14k€339▼

Trade receivables40€3k€339▼

Other amounts receivable41€12k-

Cash at bank and in hand54/58€10k€13k▲

Deferred charges and accrued income490/1€3k-

Equity and liabilities

Total equity and liabilities10/49€2.33M€2.17M▼

Equity10/15€155k€8k▼

Contributions10/11€625k€625k=

Capital10€625k€625k=

Issued capital100€625k€625k=

Profit (loss) carried forward14€-470k€-617k▼

Amounts payable17/49€2.17M€2.16M▼

Amounts payable after more than one year17€1.91M€2.06M▲

Financial debts170/4€1.91M€2.06M▲

Amounts payable within one year42/48€264k€109k▼

Current portion of amounts payable after more than one year42€135k€90k▼

Trade debts44€82k€2k▼

Suppliers440/4€82k€2k▼

Taxes, remuneration and social security45€16k€11k▼

Taxes450/3€1k€6k▲

Remuneration and social security454/9€15k€6k▼

Other amounts payable47/48€31k€5k▼

Accrued charges and deferred income492/3€3k€638▼

Income statement Code20232024

Non-recurring operating income76A-€120k

Remuneration, social security and pensions62€105k€59k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120k€130k▲

Other operating charges640/8€4k€10k▲

Gross operating margin9900€-40k€167k▲

Operating profit (loss)9901€-269k€-33k▲

Financial income75/76B€200€10▼

Recurring financial income75€200€10▼

Financial charges65/66B€55k€114k▲

Recurring financial charges65€55k€114k▲

Profit (loss) for the period before taxes9903€-324k€-147k▲

Profit (loss) for the period9904€-324k€-147k▲

Profit (loss) for the period to be appropriated9905€-324k€-147k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-470k€-617k▼

Profit (loss) brought forward from the previous period14P€-146k€-470k▼

Social balance

Average headcount (FTE)90873.33.4▲

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

2025

24-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

22-05

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Weakest financial yearnet €-324k

Net result drops to €-324k, the lowest in the series; recovery starts the following year.

28-09

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 59 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

05-12-2025 Frelens BV: Resigned as Director

15-01-2025 Rio Management BV: Resigned as Director

Location & real-estate footprint

Registered office, Antwerpen · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Frankrijklei 702000 Antwerpen

Ground area

1,535 m²

Building footprint

314 m²