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OFFSHORE

Active Private limited companyfounded 1989active for 37 yearsRue de Dave 87, 5100 NamurKBO/BCE: BE 0437.071.112

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1990
peak €94,545 (2017)
€52,978▼ 10.4%
lowest -€9,708 (2019)
-€4,028▲ €1,042
peak €13,168 (2007)
-€21,123▼ €4,028
€98,294▲ 3.3%
peak 2 FTE (2015)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
25-09-202656 days late
2025micro format
Loss of €4,028Equity from -€17,095 to -€21,123Cash from €130 to €270

Key points

from the 2025 annual accounts

Equity

-€21,123
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€17,059 in five years
-2,2812021-1,3082022-4,3712023-5,0702024-4,0282025

Every financial year from 2021 to 2025 closed with a loss. 2024 was the heaviest.

Turnover

≈ €390,000 estimated

The micro format states no turnover.

Debts

€98,294 127% of the balance sheet
Financial debts 6%Suppliers 75%Taxes and wages 20%

Filings

36 annual accounts since 1990
AprilJune31 JulyOctober1990200020102020

Seven of the last ten came late. The 2025 accounts came latest: 56 days after the end of the period.

Position in the sector

-€21,123

Less equity than 86% of companies in retail trade. Sector median €40,856 · 25,332 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,795 companies had the same profile as OFFSHORE has now. Each dot stands for 7 companies, two years later.

90.3%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,795 companies, not a prediction for OFFSHORE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Managing director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0437071112
1 director appointed, 2 resignations Resignations: and · Appointment: (director) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · General meeting of 21-12-2023 · Gazette deed
First establishment Rue de Dave 87, Namur
Incorporation published on 25-04-1989 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
OFFSHORE Namur €77,171 €52,978 -27.4% -
NT-DIS Woluwe-Saint-Lambert €92,641 €52,944 31.0% -
OFFICE EQUIPMENT CY Namur €99,309 €44,408 92.8% -
NORDATA BELGIUM CORPORATION Gembloux €118,735 €72,849 34.4% 1
CALLENS Bruges €92,176 €71,121 74.3% -
KLEWARE PROJECTS Glabbeek €100,772 €52,636 51.8% -
RUTTEN - MAEX Houthalen-Helchteren €115,946 €42,031 66.8% -

These companies have the same main activity as OFFSHORE: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €92,200 and €119,000, founded between 1984 and 1994.

Official details

Source: KBO
Status
Active since 01-04-1989Normal situation
Activity
Retail sale of information and communication equipmentNACE 47400and 2 others
Establishment unit
2.042.970.8445100 Namur, since 13-04-1989
Financial year end
31 December
Peppol
Reachable since 03-09-2025
Company details

Annual accounts 2025

€77,171▼ 1.1%
Employeeson 31-12-2025
1=
Filing
Filed on 25-09-2026
Financials

Insights on OFFSHORE

OFFSHORE files the micro format. That format states no turnover. The gross margin rose from €28,230 in 2006 to €52,978 in 2025.

In January 2024, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about OFFSHORE

What is the company number of OFFSHORE?
The company number of OFFSHORE is 0437.071.112. The VAT number is the same number with BE in front: BE 0437.071.112.
Where is OFFSHORE based?
The registered office is at Rue de Dave 87, 5100 Namur.Company details
What does OFFSHORE do?
According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
What is the legal form of OFFSHORE?
OFFSHORE is a private limited company (BV).
When was OFFSHORE founded?
OFFSHORE was founded on 01-04-1989.
Is OFFSHORE still active?
Yes, OFFSHORE is an active enterprise in the KBO register.
How many employees does OFFSHORE have?
OFFSHORE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of OFFSHORE?
The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €52,978 and 330 comparable companies (NACE 47). It probably lies between €200,000 and €630,000.
Is OFFSHORE profitable?
In financial year 2025, OFFSHORE made a loss of €4,028.
Where can I find the annual accounts of OFFSHORE?
OFFSHORE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OFFSHORE due?
OFFSHORE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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