Ocean House
ActiveOcean House has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.83M and a net result of €138k. Its solvency ranks better than 46% of 19348 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability44▲+27
Solvency51▲+3
Growth78
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.86 against 1.25 in 2023; short-term debt: 5.1% and cash: 2.9% of total assets), and 74.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
25.7%
Return on assets
1.9%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
2 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.83M▲ 8.2%
2023 · €1.69M
2023: €1.69M
2023 → 2024
Total assets
€7.11M▼ 3.4%
2023 · €7.36M
2023: €7.36M
2023 → 2024
Net result
€138k
2023 · €-311k
2023: €-311k
2023 → 2024
Working capital
€-51k
2023 · €80k
2023: €80k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€1.69M-€1.83M▲ 8.2%
Operating result€-114k-€334k
Net result€-311k-€138k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €334k after a loss of €114k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.11M
Fixed assets
€6.80M▼ 2.4%
Current assets
€311k▼ 22.1%
Equity and liabilities €7.11M
Equity
€1.83M▲ 8.2%
Debt
€5.28M▼ 6.9%
The debt ratio falls from 77.1% to 74.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€540k▲
2023 · €77k
Cash flow
€344k▲
2023 · €-120k
Solvency
25.7%▲
2023 · 22.9%
Current ratio
0.86▼
2023 · 1.25
Quick ratio
0.86▼
2023 · 1.25
Debt / equity
2.89▼
2023 · 3.36
ROE
7.6%▲
2023 · -18.4%
ROA
1.9%▲
2023 · -4.2%
Interest coverage
2.76▲
2023 · 0.39
Debt
€5.28M▼
2023 · €5.67M
Debt ≤ 1 year
€363k▲
2023 · €320k
Debt > 1 year
€4.88M▼
2023 · €5.19M
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€7.36M€7.11M▼
Fixed assets21/28€6.96M€6.80M▼
Tangible fixed assets22/27€6.96M€6.80M▼
Land and buildings22€6.96M€6.80M▼
Plant, machinery and equipment23-€1k
Current assets29/58€400k€311k▼
Amounts receivable within one year40/41€232k€98k▼
Trade receivables40€232k€96k▼
Other amounts receivable41€68€2k▲
Cash at bank and in hand54/58€160k€204k▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€7.36M€7.11M▼
Equity10/15€1.69M€1.83M▲
Contributions10/11€2.00M€2.00M=
Profit (loss) carried forward14€-311k€-173k▲
Amounts payable17/49€5.67M€5.28M▼
Amounts payable after more than one year17€5.19M€4.88M▼
Financial debts170/4€5.13M€4.82M▼
Other amounts payable178/9€64k€64k=
Amounts payable within one year42/48€320k€363k▲
Current portion of amounts payable after more than one year42€297k€309k▲
Trade debts44€17k€54k▲
Suppliers440/4€17k€54k▲
Taxes, remuneration and social security45€6k-
Taxes450/3€6k-
Other amounts payable47/48€250-
Accrued charges and deferred income492/3€165k€36k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€191k€206k▲
Other operating charges640/8€4k€314▼
Gross operating margin9900€81k€540k▲
Operating profit (loss)9901€-114k€334k▲
Financial charges65/66B€197k€196k▼
Recurring financial charges65€197k€196k▼
Profit (loss) for the period before taxes9903€-311k€138k▲
Profit (loss) for the period9904€-311k€138k▲
Profit (loss) for the period to be appropriated9905€-311k€138k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-311k€-173k▲
Profit (loss) brought forward from the previous period14P-€-311k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €138k
Net result €138k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Leuven · 1 establishment unit since 2022
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.
Holsbeeksesteenweg 3993010 LeuvenGround area
1,126 m²
Building footprint
152 m²
Volume, LiDAR
688 m³
Parcel 24051B0069/00R000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Ocean House
since 20222.336.315.769
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24051B0069/00R000 | Flanders | 1,126 m² | 1 · 152 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Etablissements Euro Traction
BE 0402.615.920
Schaarbeek · Eq €1.83M
PANTHEON
BE 0471.958.547
Harelbeke · Eq €1.82M
PRAYON IMMO
BE 0720.954.478
Engis · Eq €1.83M
Xpect Immo
BE 0636.758.181
Leuven · Eq €1.82M
CBT - TRANS
BE 0437.564.822
Geel · Eq €1.82M
Of 12,012 companies in sector 68203 we hold annual accounts for 5,979. 3,714 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2022
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
66300Activities auxiliary to financial services and insurance activities
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.