Firman Oostende

Active

Private limited companyfounded 20196 yrs activeTorhoutsesteenweg 541, 8400 Oostende, BelgiumKBO/BCE: BE 0734.995.130

Firman Oostende has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €533k and a net result of €217k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 8002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2025

60 / 100

Healthy

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

Axes · tick = 2024

Profitability77▼-10

Solvency42▲+3

Growth52=

Track record100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days acceptable

Liquidity tight (current ratio 1.24 against 1.19 in 2024; short-term debt: 64.1% and cash: 23% of total assets), and 83.1% 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

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

−lowers risk+raises risk○neutral

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

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

16.9%

Return on assets

6.9%

Age of the figures

15 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 8002 sector peers (2025).

NBB · sector comparison

Position among 8002 sector peers

Solvency

better than 23%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

3 d early

2024

1 d early

2023

24 d early

2022

32 d early

2021

32 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close23-09-2026 today31-01-2027 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 2025, abbreviated schema

Equity

€533k▲ 3.4%

2024 · €515k

2021: €287k 2022: €511k 2023: €510k 2024: €515k

2021 → 2025

Total assets

€3.15M▼ 11.6%

2024 · €3.56M

2021: €4.33M 2022: €3.58M 2023: €3.30M 2024: €3.56M

2021 → 2025

Net result

€217k▼ 58.8%

2024 · €528k

2021: €714k 2022: €224k 2023: €50k 2024: €528k

2021 → 2025

Working capital

€491k▲ 21.6%

2024 · €404k

2021: €-112k 2022: €212k 2023: €316k 2024: €404k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€287k-€511k▲ 78.1%€510k=€515k▲ 0.9%€533k▲ 3.4%

Operating result€969k-€383k▼ 60.5%€96k▼ 74.8%€739k▲ 668%€307k▼ 58.5%

Net result€714k-€224k▼ 68.6%€50k▼ 77.7%€528k▲ 958%€217k▼ 58.8%

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 59% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.15M

20.4%

79.6%

Fixed assets €642k▼ 36.6%

Current assets €2.51M▼ 1.7%

Equity and liabilities €3.15M

16.9%

83.1%

Equity €533k▲ 3.4%

Debt €2.62M▼ 14.2%

The debt ratio falls from 85.5% to 83.1%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€697k▼

2024 · €1.13M

Cash flow

€608k▼

2024 · €916k

Solvency

16.9%▲

2024 · 14.5%

Current ratio

1.24▲

2024 · 1.19

Quick ratio

1.02▲

2024 · 0.96

Debt / equity

4.92▼

2024 · 5.92

ROE

40.8%▼

2024 · 102.5%

ROA

6.9%▼

2024 · 14.8%

Interest coverage

18.90▼

2024 · 28.59

Debt

€2.62M▼

2024 · €3.05M

Debt ≤ 1 year

€2.02M▼

2024 · €2.15M

Debt > 1 year

€600k▼

2024 · €900k

Income taxes

€87k▼

2024 · €198k

Staff costs

€1.14M▲

2024 · €1.05M

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€3.56M€3.15M▼

Fixed assets21/28€1.01M€642k▼

Tangible fixed assets22/27€1.01M€639k▼

Plant, machinery and equipment23€1.00M€635k▼

Furniture and vehicles24€6k€3k▼

Financial fixed assets28€3k€3k=

Current assets29/58€2.55M€2.51M▼

Stocks and contracts in progress3€495k€450k▼

Stocks30/36€495k€450k▼

Amounts receivable within one year40/41€133k€69k▼

Other amounts receivable41€133k€69k▼

Current investments50/53€1.40M€1.25M▼

Cash at bank and in hand54/58€505k€724k▲

Deferred charges and accrued income490/1€19k€15k▼

Equity and liabilities

Total equity and liabilities10/49€3.56M€3.15M▼

Equity10/15€515k€533k▲

Contributions10/11€3k€3k=

Reserves13€513k€530k▲

Distributable reserves133€513k€530k▲

Amounts payable17/49€3.05M€2.62M▼

Amounts payable after more than one year17€900k€600k▼

Financial debts170/4€900k€600k▼

Amounts payable within one year42/48€2.15M€2.02M▼

Current portion of amounts payable after more than one year42€300k€300k=

Trade debts44€986k€1.17M▲

Suppliers440/4€986k€1.17M▲

Taxes, remuneration and social security45€416k€283k▼

Taxes450/3€272k€144k▼

Remuneration and social security454/9€144k€139k▼

Other amounts payable47/48€448k€268k▼

Income statement Code20242025

Remuneration, social security and pensions62€1.05M€1.14M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€388k€391k▲

Other operating charges640/8€7k€7k▼

Gross operating margin9900€2.18M€1.85M▼

Operating profit (loss)9901€739k€307k▼

Financial income75/76B€26k€35k▲

Recurring financial income75€26k€35k▲

Financial charges65/66B€39k€37k▼

Recurring financial charges65€39k€37k▼

Profit (loss) for the period before taxes9903€726k€305k▼

Income taxes67/77€198k€87k▼

Profit (loss) for the period9904€528k€217k▼

Profit (loss) for the period to be appropriated9905€528k€217k▼

Appropriation of the result

Profit (loss) to be appropriated9906€528k€217k▼

Transfer to equity691/2€5k€17k▲

To other reserves6921€5k€17k▲

Profit to be distributed694/7€524k€200k▼

Return on contributions (dividend)694€524k€200k▼

Social balance

Average headcount (FTE)908728.128.9▲

The notes to these accounts (8 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 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-01-2027

2026

28-01

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

30-01

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

07-01

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

30-06

Financial Weakest financial yearnet €50k ▼77.7%

Net result drops to €50k, the lowest in the series; recovery starts the following year.

2022

30-12

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

30-06

Financial Equity above €500kEq €511k ▲78.1%

2 profitable years in a row build equity to €511k.

2021

30-12

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated 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 2019

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.

Torhoutsesteenweg 5418400 Oostende

Ground area

7,452 m²

Building footprint

2,115 m²

Volume, LiDAR

4,754 m³

Parcel 35020A0211/00X000, Flanders · tallest building 9.7 m. Linked by address, not a title deed.

1 establishment unit

Firman Oostende

Torhoutsesteenweg 541, 8400 OostendeRetail sale of beverages, general range

since 20192.294.816.595

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35020A0211/00X000	Flanders	7,452 m²	1 · 2,115 m²	9.7 m

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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 9 entries · 48,478 EUR awarded · 42,126 EUR paid

Year	Entries	awarded	paid
2025	2	13,229 EUR	14,377 EUR
2024	4	16,242 EUR	8,742 EUR
2023	2	12,336 EUR	12,336 EUR
2022	1	6,671 EUR	6,671 EUR

Schemes

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)

4 entries · 23,715 EUR · 23,715 EUR paid · Departement Werk en Sociale Economie

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 21,525 EUR · 15,173 EUR paid · Fonds voor Innoveren en Ondernemen

Vlaams opleidingsverlof (VOV)

2 entries · 3,238 EUR · 3,238 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site · 1 with a smiley

Oostende2.294.816.595

1 permission · smiley 2029NL00157 valid until 16-08-2029

Toelating · Detailhandel met verwerking · since 25-10-2019

Similar companies · same sector, comparable size

Farmafyt

BE 0882.541.137

Chaudfontaine · Eq €533k

Of 1,428 companies in sector 46389 we hold annual accounts for 856. 546 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded27-09-2019

Fiscal year end30-06

Activities, NACEBEL

46389Wholesale of other food products

47110Non-specialised retail sale with food, beverages or tobacco predominating

47114Supermarkets

47252Retail sale of beverages, general range

47260Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:info@albertheijnoostende.be

Enterprise