OASE
ActiveOASE has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.60M and a net result of €126k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 1220 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-11
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 7.9 against 4.85 in 2023; short-term debt: 9.2% and cash: 6.7% of total assets), and 13.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
86.2%
Return on assets
6.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
27 d early
2022
28 d early
2021
31 d early
2020
16 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.60M▲ 8.5%
2023 · €1.48M
2018: €778k
2019: €785k
2020: €839k
2021: €943k
2022: €1.20M
2023: €1.48M
2018 → 2024
Total assets
€1.86M▲ 2.9%
2023 · €1.81M
2018: €1.20M
2019: €1.22M
2020: €1.32M
2021: €1.54M
2022: €1.53M
2023: €1.81M
2018 → 2024
Net result
€126k▼ 54.2%
2023 · €276k
2018: €38k
2019: €7k
2020: €54k
2021: €104k
2022: €259k
2023: €276k
2018 → 2024
Working capital
€1.18M▲ 18.6%
2023 · €996k
2018: €292k
2019: €234k
2020: €294k
2021: €410k
2022: €736k
2023: €996k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€839k-€943k▲ 12.4%€1.20M▲ 27.5%€1.48M▲ 22.9%€1.60M▲ 8.5%
Operating result€89k-€149k▲ 67.0%€332k▲ 122%€326k▼ 1.8%€154k▼ 52.8%
Net result€54k-€104k▲ 93.8%€259k▲ 148%€276k▲ 6.3%€126k▼ 54.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 53% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.86M
Fixed assets
€510k▼ 8.1%
Current assets
€1.35M▲ 7.7%
Equity and liabilities €1.86M
Equity
€1.60M▲ 8.5%
Debt
€257k▼ 22.3%
The debt ratio falls from 18.3% to 13.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€245k▼
2023 · €417k
Cash flow
€217k▼
2023 · €367k
Solvency
86.2%▲
2023 · 81.7%
Current ratio
7.90▲
2023 · 4.85
Quick ratio
6.14▲
2023 · 3.75
Debt / equity
0.16▼
2023 · 0.22
ROE
7.9%▼
2023 · 18.6%
ROA
6.8%▼
2023 · 15.2%
Interest coverage
10.56▼
2023 · 17.56
Debt
€257k▼
2023 · €331k
Debt ≤ 1 year
€171k▼
2023 · €259k
Income taxes
€45k▼
2023 · €90k
Staff costs
€293k▲
2023 · €255k
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€1.81M€1.86M▲
Fixed assets21/28€554k€510k▼
Tangible fixed assets22/27€554k€509k▼
Land and buildings22€495k€426k▼
Plant, machinery and equipment23€19k€47k▲
Furniture and vehicles24€39k€36k▼
Financial fixed assets28€531€531=
Current assets29/58€1.25M€1.35M▲
Stocks and contracts in progress3€283k€301k▲
Stocks30/36€283k€301k▲
Amounts receivable within one year40/41€196k€127k▼
Trade receivables40€162k€113k▼
Other amounts receivable41€34k€14k▼
Current investments50/53€650k€800k▲
Cash at bank and in hand54/58€126k€124k▼
Equity and liabilities
Total equity and liabilities10/49€1.81M€1.86M▲
Equity10/15€1.48M€1.60M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€379k€379k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€363k€363k=
Profit (loss) carried forward14€999k€1.13M▲
Amounts payable17/49€331k€257k▼
Amounts payable within one year42/48€259k€171k▼
Trade debts44€207k€114k▼
Suppliers440/4€207k€114k▼
Taxes, remuneration and social security45€48k€35k▼
Taxes450/3€28k€9k▼
Remuneration and social security454/9€21k€26k▲
Other amounts payable47/48€4k€22k▲
Accrued charges and deferred income492/3€72k€86k▲
Income statement
Code20232024
Remuneration, social security and pensions62€255k€293k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€91k€91k▼
Other operating charges640/8€15k€26k▲
Gross operating margin9900€687k€564k▼
Operating profit (loss)9901€326k€154k▼
Financial income75/76B€69k€41k▼
Recurring financial income75€69k€41k▼
Financial charges65/66B€29k€23k▼
Recurring financial charges65€24k€23k▼
Non-recurring financial charges66B€5k-
Profit (loss) for the period before taxes9903€366k€171k▼
Income taxes67/77€90k€45k▼
Profit (loss) for the period9904€276k€126k▼
Profit (loss) for the period to be appropriated9905€276k€126k▼
Appropriation of the result
Profit (loss) to be appropriated9906€999k€1.13M▲
Profit (loss) brought forward from the previous period14P€724k€999k▲
Social balance
Average headcount (FTE)90875.45.8▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €276k ▲6.3%
Net result €276k, the highest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 3.79
Current ratio from 1.74 to 3.79; short-term debt falls from €555k to €264k.
31-12
Financial
Equity above €1MEq €1.20M ▲27.5%
5 profitable years in a row build equity to €1.20M.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €7k ▼82.4%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Knokke-Heist · 1 establishment unit since 1900
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.
De Judestraat 918300 Knokke-HeistGround area
1,847 m²
Building footprint
400 m²
Volume, LiDAR
2,357 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OASE
since 19002.010.599.172
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33022A0645/00D000 | Flanders | 1,326 m² | 1 · 246 m² | 8.9 m · 2 fl. |
| 31333H0412/00D000 | Flanders | 521 m² | 1 · 155 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2023 to 2025 · 4 entries · 39,499 EUR awarded · 36,244 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 15,787 EUR | 12,532 EUR |
| 2024 | 2 | 7,377 EUR | 7,377 EUR |
| 2023 | 1 | 16,335 EUR | 16,335 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,463 companies in sector 25530 we hold annual accounts for 1,657. 979 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-03-1975
Fiscal year end31-12
Activities, NACEBEL
25210Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
22240Manufacture of rubber and plastic products
25110Manufacture of metal structures and parts of structures
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.