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L'OCEAN H.M.

Active
Public limited companyfounded 1999active for 27 yearsWerkhuizenstraat 7-9, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0466.891.583
Summary

The computed 12-month bankruptcy probability of L'OCEAN H.M. is 3.1% (moderate). The 2024 annual accounts show equity of €65,340 and a net result of €4,685. Equity has been shrinking by about 5.6% per year since 2018. Its solvency ranks better than 13% of 9,836 sector peers (NACE 41, financial year 2024). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 21-09-1999 Normal situation
Registered office
20 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.096.336.185 1080 Sint-Jans-Molenbeek, since 28-12-2000
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Financial position

49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.1%
Annual accounts 2024
Gross margin
€59,328
▼ 69.8%
Turnover
≈ €310,000
estimated
Profit
€4,685
▼ 91.2%
Equity
€65,340
▲ 7.7%
Total assets
€3.5m
▼ 0.3%
Staff
≈ 1.5 FTE
estimated
  • 2025 accounts not filed, 94 days past the deadline
Filed on 30-09-2025
Score breakdownraises riskLiquidity: current ratio 1.02, cash €7,473Figures for financial year 2024 (filed on 02-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 accounts latelowers riskFounded in 1999Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 25% of small companies in construction of buildings (NACE 41)
Financial strength · tick: 2023
Weak
Solvency 27=
equity 1.9% of total assets
Liquidity 0=
short-term debt 98.1% · cash 0.2%
Profitability 38-33
return on assets 0.1%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (912 companies, NACE 41, small)
Last 24 months 12-2024: 1.5% 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.7%▲ +0.2 percentage points vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.8%▲ +0.1 percentage points vs 05-2025 07-2025: 1.9%▲ +0.1 percentage points vs 06-2025 08-2025: 2.3%▲ +0.4 percentage points vs 07-2025 09-2025: 2.6%▲ +0.3 percentage points vs 08-2025 10-2025: 2.9%▲ +0.3 percentage points vs 09-2025 11-2025: 1.3%▼ -1.6 percentage points vs 10-2025lowest value 12-2025: 1.3%● unchanged vs 11-2025lowest value 01-2026: 1.3%● unchanged vs 12-2025lowest value 02-2026: 1.4%▲ +0.1 percentage points vs 01-2026 03-2026: 1.6%▲ +0.2 percentage points vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.8%▲ +0.2 percentage points vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 2.4%▲ +0.6 percentage points vs 07-2026 09-2026: 2.7%▲ +0.3 percentage points vs 08-2026 10-2026: 3.1%▲ +0.4 percentage points vs 09-2026highest value 11-2026: 3.1%● unchanged vs 10-2026highest value
Credit of up to €3,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.02 (1.02 in 2023), below the usual 1.5. Short-term debt is 98.1% and cash 0.2% of total assets. 98.1% of the assets are financed with debt and provisions.
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 41, small). It does better than 9% of them on solvency, 2% on liquidity, 27% on profitability and 61% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Eight signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.02, cash €7,473
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 02-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9836 sector peers (2024).
NBB · sector comparison
Position among 9836 sector peers
Solvency
better than 13%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €65,340
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
62 days late
2022
92 days late
2021
31 days late
2020
139 days late
2019
139 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 87 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 86% of companies in construction of buildingssector median 42.3% · 9,836 companies 1.9% View

Recent changes

  1. · Gazette deed Capital decrease of €61,973.38 to €61,973.38
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as L'OCEAN H.M.: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.9m and €4m, founded between 1989 and 2004.

CompanyTotal assetsGross margin
L'OCEAN H.M. Sint-Jans-Molenbeek€3.5m€0.06m
LOFT CONSTRUCT Lennik€3.6m€0.06m
TERGECO Eupen€4.0m€0.07m
SD ENTREPRISES Ukkel€3.7m€0.08m
HOLIMACO Chaumont-Gistoux€3.7m€0.04m
L&P Construct Tessenderlo-Ham€3.0m€0.08m
LAPEIRRE BOUWTEAM Roeselare€2.9m€0.04m
Full comparison

Key facts about L'OCEAN H.M.

What is the company number of L'OCEAN H.M.?
The company number of L'OCEAN H.M. is 0466.891.583. The VAT number is the same number with BE in front: BE 0466.891.583.
Where is L'OCEAN H.M. based?
The registered office is at Werkhuizenstraat 7-9, 1080 Sint-Jans-Molenbeek.Company details
What does L'OCEAN H.M. do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of L'OCEAN H.M.?
The legal form of L'OCEAN H.M. is Public limited company (NV).
When was L'OCEAN H.M. founded?
L'OCEAN H.M. was founded on 21-09-1999.
Is L'OCEAN H.M. still active?
Yes, L'OCEAN H.M. is an active enterprise in the KBO register.
What is the turnover of L'OCEAN H.M.?
The turnover in financial year 2024 is ≈ €310,000. This figure is estimated from the gross margin of €59,328 and 107 comparable companies (NACE 41001). It probably lies between €220,000 and €550,000.Financials
Is L'OCEAN H.M. profitable?
In financial year 2024, L'OCEAN H.M. made a profit of €4,685.
Where can I find the annual accounts of L'OCEAN H.M.?
L'OCEAN H.M. filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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