Equity
€964,291 ▲ 33.7%
Het Compas has made a profit in every financial year since 2006.
Het Compas
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €213,366 (2010)
€153,877▼ 0.7%
peak €243,002 (2025)
€243,002▲ 77.9%
peak €1.5m (2016)
€964,291▲ 33.7%
€41,850▼ 53.1%
peak 1 FTE (2014)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €136,611 to €243,002Equity from €721,290 to €964,291Debts from €89,219 to €41,850Cash from €324,888 to €536,513
Key points
from the 2025 annual accountsResult
€243,002 ▲ 77.9%
The result rose in 2025 from €136,611 to €243,002.
Turnover
≈ €380,000 estimated
The micro format states no turnover.
Liquidity
25.06 was 9.37 in 2024
Short-term debts fell from €86,024 to €39,933.
Filings
49 annual accounts since 1977
Nine of the last ten came late. The 2019 accounts came latest: 106 days after the end of the period.
Position in the sector
95.8%
Higher solvency than 95% of companies in repair and installation of machinery. Sector median 45.4% · 1,800 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,135 companies had the same profile as Het Compas has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 20,135 companies, not a prediction for Het Compas. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0415377061
Registered office moved within Ostend
New registered office: Oudenburgsesteenweg 31 bus G2, 8400 Oostende · Previous registered office: Hendrik Baelskaai 15, 8400 Oostende · Change of role: , from manager to director · General meeting of 13-10-2021 · Gazette deed
Capital decrease
Capital from €1,178,000 to €49,578.70 · Capital from €49,578.70 to €18,600 · Gazette deed
First establishment
Oudenburgsesteenweg 31, Ostend
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Het Compas Ostend | €1.0m | €153,877 | 95.8% | - |
| Lafaut Assets & Management Antwerp | €1.1m | €237,317 | 20.4% | - |
| Antwerp Naval Repairs Antwerp | €1.6m | €261,996 | 6.4% | 1.8 |
| ANTWERP UNDERWATER SALVAGE Antwerp | €0.6m | €111,801 | 42.0% | 1 |
| BN Constructions Willebroek | €0.5m | €229,927 | 23.3% | 0 |
| NAVALIA Lummen | €1.0m | €193,501 | 28.9% | - |
| DIERCKX Mol | €0.9m | €148,102 | 62.8% | - |
These companies have the same main activity as Het Compas: repair, maintenance and installation of machinery and equipment (NACE 33150). They are comparable in size and age: total assets between €550,000 and €1.6m, founded between 1982 and 1998.
Official details
Source: KBO- Status
- Active since 06-10-1975Normal situation
- Registered office
- 47 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Repair, maintenance and installation of machinery and equipmentNACE 33150and 2 others
- Establishment unit
- 2.038.483.5068400 Ostend, since 01-10-1975
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Insights on Het Compas
Het Compas files the micro format. That format states no turnover. The gross margin fell from €180,546 in 2006 to €153,877 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 Het Compas
- What is the company number of Het Compas?
- The company number of Het Compas is 0415.377.061. The VAT number is the same number with BE in front: BE 0415.377.061.
- Where is Het Compas based?
- The registered office is at Oudenburgsesteenweg 31, 8400 Ostend.Company details
- What does Het Compas do?
- According to the KBO register, the main activity is repair, maintenance and installation of machinery and equipment (NACE 33150).
- What is the legal form of Het Compas?
- Het Compas is a private limited company (BV).
- When was Het Compas founded?
- Het Compas was founded on 06-10-1975.
- Is Het Compas still active?
- Yes, Het Compas is an active enterprise in the KBO register.
- How many employees does Het Compas have?
- Het Compas had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of Het Compas?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €153,877 and 2,201 comparable companies of the same size. It probably lies between €260,000 and €600,000. It is a rough estimate.
- Is Het Compas profitable?
- In financial year 2025, Het Compas made a profit of €243,002.
- Where can I find the annual accounts of Het Compas?
- Het Compas filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Het Compas due?
- Het Compas must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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