Filings
The last five annual accounts were filed 0 to 50 days before the end of the period.
The last five annual accounts were filed 0 to 50 days before the end of the period.
A director left. Latest change 09-06-2026 · 1 in office.
Lower net result than 82% of companies in warehousing and transport support. Sector median €10,834 · 1,189 companies.
The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 52, micro). It does better than 77% of them on solvency, 65% on liquidity, 30% on profitability and 14% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 5,831 companies had the same profile as Offshore has now. Each dot stands for 15 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Offshore itself: 0.5% within 12 months.
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 5,831 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.
Liquidity is tight, with a current ratio of 1.3 (1.48 in 2024), below the usual 1.5. Short-term debt is 27.3% and cash 16.8% of total assets. 27.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Offshore Deinze | €21,478 | €3,578 | 72.7% | - |
| L & B SCHELDE Ghent | €8,803 | -€4,625 | -338.0% | - |
| BH SHIPPING AND TRADING ANTWERP Antwerp | €43,767 | €2,814 | -1883.0% | - |
| ISOTOPE Antoing | €13,007 | -€5,537 | -546.6% | - |
| TIMORA Antwerp | €33,120 | -€6,171 | 59.6% | - |
| IGOR ARICKX Evergem | €69,399 | €6,499 | 59.8% | - |
| ZADEKO SHIPPING Essen | €188,014 | €989 | 74.2% | - |
These companies have the same main activity as Offshore: warehousing and support activities for transportation (NACE 52220). They are comparable in size and age: total assets between €8,800 and €188,000, founded between 1984 and 2011.
Offshore files the micro format. That format states no turnover. The gross margin fell from €12,195 in 2006 to €3,578 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €18,000. Estimated: probably between €8,500 and €33,000.
Higher than 75% of 1,191 companies in 2025.
Higher than 45% of 1,139 companies in 2025.
Higher than 6% of 1,159 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
21,478 | 33,855 | 35,227 | 41,188 | 43,547 | 34,411 | 22,155 | 27,550 | 16,893 | 19,376 | 21,767 | 19,161 | 26,505 | 37,785 | 49,040 | 29,140 | 43,689 | 32,583 | 28,838 | 58,115 | |
21/28 |
13,821 | 18,900 | 21,282 | 22,749 | 30,200 | 14,859 | 12,038 | 7,559 | 5,384 | 8,675 | 9,944 | 11,000 | 17,969 | 26,201 | 27,903 | 10,084 | 13,195 | 19,968 | 22,338 | 35,654 | |
21 |
- | - | - | - | - | - | - | - | - | 221 | 648 | 412 | 618 | 1,069 | 518 | 845 | 1,172 | 275 | 412 | 210 | |
22/27 |
13,821 | 18,900 | 21,282 | 22,749 | 30,200 | 14,859 | 12,038 | 7,559 | 5,384 | 8,454 | 9,296 | 10,588 | 17,351 | 25,132 | 27,385 | 9,239 | 12,023 | 19,693 | 21,926 | 35,444 | |
23 |
13,821 | 18,042 | 18,576 | 17,712 | 24,665 | 9,031 | 9,622 | 5,409 | 4,554 | 8,454 | 9,296 | 6,245 | 7,480 | 8,516 | 4,914 | 6,233 | 6,963 | 0 | 7,917 | 19,379 | |
24 |
- | 858 | 2,707 | 5,037 | 5,535 | 5,828 | 2,416 | 2,151 | 829 | - | - | 4,342 | 9,871 | 16,616 | 22,471 | 3,006 | 5,059 | 19,693 | 14,009 | 16,065 | |
29/58 |
7,657 | 14,956 | 13,945 | 18,439 | 13,347 | 19,552 | 10,117 | 19,990 | 11,509 | 10,702 | 11,823 | 8,161 | 8,536 | 11,584 | 21,137 | 19,056 | 30,493 | 12,615 | 6,500 | 22,461 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 617 | 925 | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 617 | 925 | - | - | - | - | |
40/41 |
3,527 | 3,216 | 1,707 | - | - | 2,398 | 1,176 | - | 1,651 | 1,170 | 2,076 | 2,087 | 1,030 | 77 | 8,841 | 3,737 | 3,406 | 6,181 | 4,907 | 5,413 | |
40 |
262 | 1,438 | 103 | - | - | - | - | - | 846 | - | - | 480 | 230 | - | 3,286 | 3,206 | 3,290 | 4,999 | 3,135 | 4,901 | |
41 |
3,266 | 1,778 | 1,604 | - | - | 2,398 | 1,176 | - | 804 | 1,170 | 2,076 | 1,607 | 800 | 77 | 5,555 | 532 | 116 | 1,182 | 1,772 | 512 | |
54/58 |
3,618 | 10,967 | 12,005 | 18,439 | 13,122 | 17,154 | 8,941 | 19,103 | 8,599 | 8,133 | 8,390 | 4,755 | 6,009 | 10,010 | 10,440 | 13,478 | 26,172 | 6,433 | 1,593 | 16,342 | |
490/1 |
512 | 772 | 233 | - | 225 | - | - | 887 | 1,259 | 1,399 | 1,358 | 1,320 | 1,497 | 1,497 | 1,239 | 916 | 916 | - | - | 706 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
21,478 | 33,855 | 35,227 | 41,188 | 43,547 | 34,411 | 22,155 | 27,550 | 16,893 | 19,376 | 21,767 | 19,161 | 26,505 | 37,785 | 49,040 | 29,140 | 43,689 | 32,583 | 28,838 | 58,115 | |
10/15 |
15,610 | 22,276 | 21,956 | 23,385 | 22,397 | 4,886 | 2,597 | -156 | -4,888 | -9,155 | -7,850 | -9,114 | -2,769 | 3,722 | 2,115 | -2,837 | -5,872 | -22,138 | -25,750 | -13,850 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
3,700 | 3,700 | 3,700 | 3,700 | 3,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
3,700 | 3,700 | 3,700 | 3,700 | 3,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-6,690 | -24 | -344 | 1,085 | 97 | -13,714 | -16,003 | -18,756 | -23,488 | -27,755 | -26,450 | -27,714 | -21,369 | -14,878 | -16,485 | -21,437 | -24,472 | -40,738 | -44,350 | -32,450 | |
17/49 |
5,868 | 11,579 | 13,271 | 17,804 | 21,149 | 29,525 | 19,558 | 27,706 | 21,781 | 28,531 | 29,617 | 28,275 | 29,274 | 34,062 | 46,924 | 31,977 | 49,560 | 54,721 | 54,588 | 71,965 | |
17 |
- | - | - | - | 553 | 1,862 | - | - | - | 21,000 | 21,000 | 21,000 | - | - | - | - | - | - | - | 5,435 | |
170/4 |
- | - | - | - | 553 | 1,862 | - | - | - | 21,000 | 21,000 | 21,000 | - | - | - | - | - | - | - | 5,435 | |
42/48 |
5,868 | 10,079 | 11,771 | 16,364 | 19,156 | 26,223 | 19,558 | 27,706 | 21,781 | 7,531 | 8,617 | 7,275 | 29,274 | 34,062 | 46,924 | 31,977 | 49,560 | 54,721 | 54,588 | 66,530 | |
42 |
- | - | - | 553 | 1,309 | 1,283 | - | - | - | - | - | - | - | - | - | - | - | - | 4,614 | 9,906 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
44 |
979 | 3,014 | 3,395 | 2,484 | 2,606 | 1,428 | 2,933 | 6,798 | 891 | 4,096 | 5,182 | 576 | 1,797 | 5,935 | 9,090 | 5,602 | 1,915 | 7,870 | 7,880 | 17,028 | |
440/4 |
979 | 3,014 | 3,395 | 2,484 | 2,606 | 1,428 | 2,933 | 6,798 | 891 | 4,096 | 5,182 | 576 | 1,797 | 5,935 | 9,090 | 5,602 | 1,915 | 7,870 | 7,880 | 17,028 | |
46 |
- | - | - | - | - | 8,029 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
1,471 | 2,633 | 1,541 | 2,893 | 1,914 | 1,434 | 841 | 2,676 | - | - | - | - | 245 | 650 | - | - | 2,071 | - | - | - | |
450/3 |
1,471 | 2,633 | 1,541 | 2,893 | 1,914 | 1,434 | 841 | 2,676 | - | - | - | - | 245 | 650 | - | - | 2,071 | - | - | - | |
47/48 |
3,418 | 4,432 | 6,836 | 10,434 | 13,327 | 14,049 | 15,785 | 18,232 | 20,889 | 3,435 | 3,435 | 6,699 | 27,232 | 27,477 | 37,835 | 26,375 | 45,575 | 46,851 | 42,094 | 39,596 | |
492/3 |
- | 1,500 | 1,500 | 1,440 | 1,440 | 1,440 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,972 | - | - | - | |
9900 |
3,578 | 10,847 | 9,378 | 13,707 | 32,361 | 9,817 | 10,943 | 11,332 | 8,062 | 2,620 | 9,846 | 1,911 | 4,546 | 13,278 | 16,268 | 13,233 | 24,368 | 15,784 | 16,181 | 12,195 | |
630 |
8,531 | 8,722 | 8,809 | 8,937 | 6,420 | 4,906 | 5,545 | 3,729 | 3,211 | 3,319 | 8,010 | 7,762 | 10,480 | 9,018 | 11,246 | 6,649 | 10,027 | 11,263 | 27,283 | 24,391 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,775 | - | - | - | - | |
640/8 |
1,072 | 996 | 1,185 | 998 | 1,096 | 942 | 1,172 | 899 | 270 | 363 | 363 | 336 | 356 | 517 | 675 | 659 | 679 | 603 | 201 | 463 | |
9901 |
-6,025 | 1,129 | -616 | 3,772 | 24,845 | 3,968 | 4,225 | 6,705 | 4,581 | -1,062 | 1,474 | -6,186 | -6,291 | 3,743 | 4,347 | 3,150 | 13,662 | 3,918 | -11,303 | -12,659 | |
75/76B |
1 | - | 6 | - | - | - | - | 0 | 3 | 5 | 6 | 22 | 52 | 924 | 964 | 321 | 125 | 49 | 137 | 230 | |
75 |
1 | - | 6 | - | - | - | - | 0 | 3 | 5 | 6 | 22 | 52 | 924 | 964 | 321 | 125 | 49 | 137 | 230 | |
65/66B |
413 | 386 | 616 | 368 | 387 | 509 | 347 | 277 | 316 | 250 | 227 | 177 | 253 | 280 | 375 | 283 | 499 | 348 | 753 | 1,216 | |
65 |
413 | 386 | 616 | 368 | 387 | 509 | 347 | 277 | 316 | 250 | 227 | 177 | 253 | 280 | 375 | 283 | 499 | 348 | 753 | 1,216 | |
9903 |
-6,437 | 743 | -1,227 | 3,404 | 24,458 | 3,459 | 3,878 | 6,427 | 4,267 | -1,308 | 1,253 | -6,342 | -6,491 | 4,387 | 4,937 | 3,188 | 16,260 | 3,618 | -11,919 | -13,645 | |
67/77 |
228 | 423 | 202 | 1,229 | 5,759 | 1,170 | 1,124 | 1,696 | - | -3 | -11 | 4 | - | 2,780 | -16 | 153 | -6 | 6 | -19 | 26 | |
9904 |
-6,666 | 320 | -1,429 | 2,175 | 18,699 | 2,289 | 2,753 | 4,732 | 4,267 | -1,305 | 1,264 | -6,345 | -6,491 | 1,607 | 4,953 | 3,035 | 16,266 | 3,612 | -11,900 | -13,671 | |
9905 |
-6,666 | 320 | -1,429 | 2,175 | 18,699 | 2,289 | 2,753 | 4,732 | 4,267 | -1,305 | 1,264 | -6,345 | -6,491 | 1,607 | 4,953 | 3,035 | 16,266 | 3,612 | -11,900 | -13,671 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-6,690 | -24 | -344 | 2,273 | 4,985 | -13,714 | -16,003 | -18,756 | -23,488 | -27,755 | -26,450 | -27,714 | -21,369 | -14,878 | -16,485 | -21,437 | -24,472 | -40,738 | -44,350 | -32,450 | |
14P |
-24 | -344 | 1,085 | 97 | -13,714 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 3,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | 3,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | 1,188 | 1,188 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | - | 1,188 | 1,188 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 11-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-06-2026 | 2026-00157606 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00359828 | |
| 31-12-2023 | micro format | 14-07-2024 | 2024-00257417 | |
| 31-12-2022 | micro format | 12-07-2023 | 2023-00243724 | |
| 31-12-2021 | micro format | 13-07-2022 | 2022-20189605 | |
| 31-12-2020 | micro format | 11-07-2021 | 2021-35300198 | |
| 31-12-2019 | micro format | 11-06-2020 | 2020-17600541 | |
| 31-12-2018 | micro format | 12-07-2019 | 2019-33800600 | |
| 31-12-2017 | micro format | 07-06-2018 | 2018-17600542 | |
| 31-12-2016 | micro format | 18-05-2017 | 2017-12500487 | |
| 31-12-2015 | abbreviated format | 01-06-2016 | 2016-14600288 | |
| 31-12-2014 | abbreviated format | 02-06-2015 | 2015-14400255 | |
| 31-12-2013 | abbreviated format | 24-06-2014 | 2014-21000197 | |
| 31-12-2012 | abbreviated format | 04-06-2013 | 2013-15100401 | |
| 31-12-2011 | abbreviated format | 23-05-2012 | 2012-12400417 | |
| 31-12-2010 | abbreviated format | 01-07-2011 | 2011-24700541 | |
| 31-12-2009 | abbreviated format | 09-06-2010 | 2010-16200192 | |
| 31-12-2008 | abbreviated format | 04-06-2009 | 2009-19100270 | |
| 31-12-2007 | abbreviated format | 05-06-2008 | 2008-19300086 | |
| 31-12-2006 | abbreviated format | 22-05-2007 | 2007-15300054 | |
| 31-12-2005 | abbreviated format | 06-06-2006 | 2006-20300406 | |
| 31-12-2004 | abbreviated format | 21-06-2005 | 2005-30101576 | |
| 31-12-2003 | abbreviated format | 16-06-2004 | 2004-26001481 | |
| 31-12-2002 | abbreviated format | 11-06-2003 | 2003-22100787 | |
| 31-12-2001 | abbreviated format | 02-07-2002 | 2002-32302295 | |
| 31-12-2000 | abbreviated format | 22-06-2001 | 2001-25003176 | |
| 31-12-1999 | abbreviated format | 20-06-2000 | 2000-24604835 | |
| 31-12-1998 | abbreviated format | 22-07-1999 | 1999-36102301 | |
| 31-12-1997 | abbreviated format | 25-06-1998 | 1998-22700221 | |
| 31-12-1996 | abbreviated format | 12-09-1997 | 1997-43400535 | |
| 31-12-1995 | abbreviated format | 10-06-1996 | 1996-14503970 | |
| 31-12-1994 | abbreviated format | 02-06-1995 | 1995-11304992 | |
| 31-12-1993 | abbreviated format | 30-06-1994 | 1994-23703701 | |
| 31-12-1992 | abbreviated format | 10-09-1993 | 1993-35601745 | |
| 31-12-1991 | abbreviated format | 29-09-1992 | 1992-33302091 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,506 | 9,851 | 8,193 | 12,709 | 31,265 | 8,874 | 9,770 | 10,433 | 7,792 | 2,257 | 9,483 | 1,576 | 4,190 | 12,761 | 15,593 | 9,799 | 23,689 | 15,181 | 15,980 | 11,732 | ||
| 1,866 | 9,042 | 7,381 | 11,112 | 25,120 | 7,195 | 8,299 | 8,460 | 7,478 | 2,014 | 9,274 | 1,416 | 3,989 | 10,625 | 16,199 | 9,683 | 26,293 | 14,875 | 15,383 | 10,720 | ||
| 3,453 | 6,339 | 7,342 | 1,487 | 21,761 | 7,727 | 10,024 | 5,904 | 458 | 2,049 | 6,954 | 792 | 2,249 | 10,040 | 25,415 | 3,538 | 3,518 | 9,030 | 13,967 | 4,866 | ||
| -7,350 | -1,038 | -6,434 | 5,317 | -4,032 | 8,212 | -10,162 | 10,505 | 466 | -257 | 3,635 | -1,255 | -4,000 | -431 | -3,037 | -12,694 | 19,739 | 4,840 | -14,749 | - | ||
| 1,789 | 4,877 | 2,174 | 2,075 | -5,809 | -6,671 | -9,441 | -7,716 | -10,272 | 3,170 | 3,206 | 886 | -20,738 | -22,479 | -25,787 | -12,922 | -19,067 | -42,106 | -48,088 | -44,069 | ||
| 72.7% | 65.8% | 62.3% | 56.8% | 51.4% | 14.2% | 11.7% | -0.6% | -28.9% | -47.2% | -36.1% | -47.6% | -10.4% | 9.9% | 4.3% | -9.7% | -13.4% | -67.9% | -89.3% | -23.8% | ||
| 1.30 | 1.48 | 1.18 | 1.13 | 0.70 | 0.75 | 0.52 | 0.72 | 0.53 | 1.42 | 1.37 | 1.12 | 0.29 | 0.34 | 0.45 | 0.60 | 0.62 | 0.23 | 0.12 | 0.34 | ||
| 1.30 | 1.48 | 1.18 | 1.13 | 0.70 | 0.75 | 0.52 | 0.72 | 0.53 | 1.42 | 1.37 | 1.12 | 0.29 | 0.34 | 0.44 | 0.57 | 0.62 | 0.23 | 0.12 | 0.34 | ||
| 0.38 | 0.52 | 0.60 | 0.76 | 0.94 | 6.04 | 7.53 | - | - | - | - | - | - | 9.15 | 22.18 | - | - | - | - | - | ||
| -42.7% | 1.4% | -6.5% | 9.3% | 83.5% | 46.8% | 106.0% | - | - | - | - | - | - | 43.2% | 234.1% | - | - | - | - | - | ||
| -31.0% | 0.9% | -4.1% | 5.3% | 42.9% | 6.7% | 12.4% | 17.2% | 25.3% | -6.7% | 5.8% | -33.1% | -24.5% | 4.3% | 10.1% | 10.4% | 37.2% | 11.1% | -41.3% | -23.5% | ||
| 6.06 | 25.52 | 13.29 | 34.50 | 80.77 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,453 | €6,339 | €7,342 | €1,487 | €21,761 |
| €8,531 | €8,722 | €8,809 | €8,937 | €6,420 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €6,025, after a profit of €1,129 in 2024. It is the lowest result since 2014.
Debt's share of the balance-sheet total falls from 34.2% to 27.3%. Equity and debt are lower.
Offshore has no parent and no holdings in its annual accounts. ROBEYN Tom is the only director. Offshore shares no director with another company.
| OFFSHORE NAVIGATION SCHOOL
registered office since 22-10-2001 |
founded in 2001 0476.221.993 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Offshore was incorporated on 1 July 1991.1 ROBEYN Tom is director of the company, appointed by deed of 12-04-2021.2 Total assets fell from €27,550 in 2018 to €21,478 in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Beekstraat 45 registered office 9800 Deinze 30120 Manufacture of other transport equipment | 05-07-1991 | 2.053.383.892 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44004A0674/00C000 | 1,040 m² | 1 · 161 m² | 15.4 m · 1 |
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