OCEAN BXL
InactiveOCEAN BXL was declared bankrupt on 26-01-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 03-12-2024, published in the Belgian State Gazette on 19-12-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 15-06-2022, 46 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
46 d early
2020
52 d early
2019
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€56k▼ 38.3%
2020 · €91k
2018: €18k
2019: €49k
2020: €91k
2018 → 2021
Total assets
€88k▼ 33.9%
2020 · €133k
2018: €35k
2019: €72k
2020: €133k
2018 → 2021
Net result
€-35k
2020 · €42k
2018: €2k
2019: €31k
2020: €42k
2018 → 2021
Working capital
€43k▼ 44.6%
2020 · €78k
2018: €10k
2019: €35k
2020: €78k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€18k-€49k▲ 177%€91k▲ 86.5%€56k▼ 38.3%
Operating result€4k-€40k▲ 919%€55k▲ 36.8%€-36k
Net result€2k-€31k▲ 1,746%€42k▲ 35.5%€-35k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €36k after €55k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €88k
Fixed assets
€14k▼ 15.4%
Current assets
€74k▼ 36.5%
Equity and liabilities €88k
Equity
€56k▼ 38.3%
Debt
€31k▼ 24.2%
The debt ratio rises from 31.2% to 35.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-33k▼
2020 · €57k
Cash flow
€-32k▼
2020 · €45k
Solvency
64.3%▼
2020 · 68.8%
Current ratio
2.40▼
2020 · 3.01
Quick ratio
2.32▼
2020 · 2.96
Debt / equity
0.56▲
2020 · 0.03
ROE
-62.1%▼
2020 · 46.4%
ROA
-39.9%▼
2020 · 31.9%
Interest coverage
-27.25
Debt
€31k▼
2020 · €41k
Debt ≤ 1 year
€31k▼
2020 · €39k
Debt > 1 year
€529▼
2020 · €3k
Income taxes
€211▼
2020 · €14k
Staff costs
€84k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€133k€88k▼
Fixed assets21/28€16k€14k▼
Intangible fixed assets21€11k€9k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23-€591
Furniture and vehicles24-€896
Financial fixed assets28€3k€3k=
Current assets29/58€116k€74k▼
Stocks and contracts in progress3€2k€2k▲
Stocks30/36-€2k
Amounts receivable within one year40/41€34k€40k▲
Other amounts receivable41-€40k
Cash at bank and in hand54/58€80k€32k▼
Equity and liabilities
Total equity and liabilities10/49€133k€88k▼
Equity10/15€91k€56k▼
Contributions10/11-€16k
Reserves13€75k€75k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€73k
Profit (loss) carried forward14-€-35k
Amounts payable17/49€41k€31k▼
Amounts payable after more than one year17€3k€529▼
Financial debts170/4-€529
Amounts payable within one year42/48€39k€31k▼
Current portion of amounts payable after more than one year42-€2k
Trade debts44€6k€6k▼
Suppliers440/4-€6k
Taxes, remuneration and social security45-€23k
Taxes450/3-€15k
Remuneration and social security454/9-€8k
Income statement
Code20202021
Remuneration, social security and pensions62-€84k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8-€2k
Gross operating margin9900€121k€53k▼
Operating profit (loss)9901€55k€-36k▼
Financial income75/76B-€2k
Recurring financial income75€2k€2k▼
Financial charges65/66B-€1k
Recurring financial charges65€594€1k▲
Profit (loss) for the period before taxes9903€56k€-35k▼
Income taxes67/77€14k€211▼
Profit (loss) for the period9904€42k€-35k▼
Profit (loss) for the period to be appropriated9905€42k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-35k
Social balance
Average headcount (FTE)9087-2.8
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
19-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · OCEAN BXL BVBA EYENDIJKSTRAAT 25/3, 2100 DEURNE (ANTWERPEN) · event 03-12-2024
2023
01-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · OCEAN BXL BVBA EYENDIJK- STRAAT 25/3, 2100 DEURNE (ANTWERPEN) · event 26-01-2023
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-35k ▼183%
Net result drops to €-35k, the lowest in the series.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €42k ▲35.5%
Operating result €55k, net result €42k, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICK PEETERS NOORDERLAAN 98,
2030 ANTWERPEN 3 |
26-01-2023 → present |