Skip to content

OFFSHORE SERVICE PROVIDER

Active
Private limited companyfounded 2019active for 7 yearsRietstraat 12, 8450 Bredene, BelgiumKBO/BCE: BE 0734.838.544
Summary

The computed 12-month bankruptcy probability of OFFSHORE SERVICE PROVIDER is 2.1% (moderate). The 2025 annual accounts show equity of €100,973 and a net result of €88,158. Equity is growing by about 41% per year across the filed financial years. Its solvency ranks better than 19% of 582 sector peers (NACE 33, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Repair and maintenance of machinery
NACE 33120Construction of utility projects for electricity and telecommunications NACE 42220
#10 employer in Bredene1 site
Size
€804,751total assets 2025
Staff
15 FTE
Equity
€100,973
Profit
€88,158
Turnover not published (abbreviated format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Structure
Accounts filed 28 days late0 of 3 deeds read
Why 53raises riskEquity €100,973 (12.5% of total assets)Liquidity: current ratio 1.11, cash €8,193, halvedFounded in 2019Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 31% of its sector peers (NACE 33, small)
Financial strength · tick = 2024
Weak
Solvency 38+2
equity 12.5% of total assets
Liquidity 8-13
short-term debt 79.1% · cash 1.0%
Profitability 75+3
return on assets 11.0%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (195 companies, NACE 33, small)
Last 24 months 11-2024: 1.2%lowest value 12-2024: 1.2%● unchanged vs 11-2024lowest value 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.3%▲ +0.1 percentage points vs 02-2025 04-2025: 1.4%▲ +0.1 percentage points vs 03-2025 05-2025: 2.1%▲ +0.7 percentage points vs 04-2025 06-2025: 2.1%● unchanged vs 05-2025 07-2025: 2.1%● unchanged vs 06-2025 08-2025: 2.1%● unchanged vs 07-2025 09-2025: 2.1%● unchanged vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.2%▲ +0.1 percentage points vs 10-2025 12-2025: 2.0%▼ -0.2 percentage points vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 1.9%▼ -0.1 percentage points vs 02-2026 04-2026: 2.3%▲ +0.4 percentage points vs 03-2026 05-2026: 3.1%▲ +0.8 percentage points vs 04-2026highest value 06-2026: 2.0%▼ -1.1 percentage points vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.1 percentage points vs 07-2026 09-2026: 2.1%● unchanged vs 08-2026 10-2026: 2.1%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.11, compared with 1.11 in 2024; short-term debt: 79.1% and cash: 1% of total assets), and 87.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 33, small): better than 13% on solvency, 6% on liquidity, 53% on profitability and 54% on growth.

The bankruptcy probability was computed on 09-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
raises riskneutral
raises risk · Equity €100,973 (12.5% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.11, cash €8,193, halved
NBB · annual accounts
raises risk · Founded in 2019
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 582 sector peers (2025).
NBB · sector comparison
Position among 582 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
28 days late
2024
28 days early
2023
5 days early
2022
5 days early
2021
2 days early
2020
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 7 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 26 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. General meeting · Amendment of the…Director appointment · Other statement
  3. Equity above €100,000equity €100,973 ▲8.8%

Key points

  • Positive: Result rose in 2025from €30,844 to €88,158 ▲ 186% View
  • Caution: Among the weakest 20% on solvencysector median 37.5% · 582 companies 12.5% View
  • Positive: 6 profitable years in a rowprofit 2025: €88,158 6 years View

By topic

Financials

Financial year
2025
Total assets
€804,751
Profit
€88,158
Solvency
12.5%
Total assets▼ 2.7%
Net result
20202025
Go to Financials

Timeline

Events
9
Since
2021
Next accounts
by 30-04-2027
  1. 02-04-2025Annual accounts filed
  2. 25-04-2024Annual accounts filed
  3. 30-09-2023Highest result from 2020 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Repair and maintenance of machineryNACE 33120
Founded
24-09-2019
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.