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MAX OSTERRIETH & C° (successeurs)

Active
Private limited companyfounded 193987 years activeKapelsestraat 47, 2950 Kapellen, BelgiumKBO/BCE: BE 0404.845.237
Summary

MAX OSTERRIETH & C° (successeurs) has been active since 1939 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118,708 and a net result of €3,250. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 9,638 sector peers (NACE 46, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Agents in the wholesale of food, beverages and tobacco
NACE 46170Wholesale trade NACE 46370
#1 oldest company in Kapellen, Wholesale and retail trade sector1 site
Size
€143,295total assets 2025
Staff
0.4 FTE
Equity
€118,708
Profit
€3,250
Turnover not published (abridged schema)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts filed 31 days late1 of 2 deeds read
Why 97- Latest accounts 31 days late; 1 of the last 3 late+ Liquidity: current ratio 8.21, cash €72,611+ Founded in 1939+ Equity €118,708 (82.8% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 73% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 82.8% of total assets
Liquidity 99+12
short-term debt 12.1% · cash 50.7%
Profitability 72-1
return on assets 2.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,860 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 8.21 against 7.48 in 2024; short-term debt: 12.1% and cash: 50.7% of total assets), and 17.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 90% on solvency, 95% on liquidity, 56% on profitability and 50% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 8.21, cash €72,611
NBB · annual accounts
lowers risk · Founded in 1939
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €118,708 (82.8% of total assets)
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
21 days late
2022
28 days late
2021
29 days late
2020
30 days late
2019
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Resignation: OSTERRIETH INVEST (manager)Permanent representative: OSTERRIETH Jean Bernard…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Oldest company in Kapellen, Wholesale and retail trade…in the Checked rankings #1 View
  • Active since 1939founded 04-07-1939 87 years View
  • Positive: 5 profitable years in a rowprofit 2025: €3,250 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€143,295
Profit
€3,250
Solvency
82.8%
Total assets▲ 1.3%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 21-08-2024Annual accounts filed
  2. 28-08-2023Annual accounts filed
  3. 29-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in the wholesale of food, beverages and…NACE 46170
Founded
04-07-1939
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Who signs
Each director alone
Annual meeting
First Tuesday of May at 11:00
Purpose
De handel, de aankoop, de verkoop, de import, de export, de makelarij, de commissie, de…
Go to Articles of association

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