Losses
-€36,390 in three years
Every financial year from 2019 to 2021 closed with a loss. 2021 was the heaviest.
OFRAH
Overview
Lifetime
13 annual accounts with figures on one time axispeak €10,186 (2009)
-€15,082▼ €2,627
lowest -€16,596 (2021)
-€16,596▼ €2,862
peak €13,630 (2013)
-€24,292▼ €16,596
€24,937▲ 192%
Board2 names since 2021
1 directorOUAMAR Hamza
Documentsfilings and deeds
30-12-2022152 days late
2021micro format
Turnover from €8,134 to €4,325Gross margin from -€12,455 to -€15,082Loss of €16,596Resignation: OUAMAR Rachid (director) 04-11Equity from -€7,697 to -€24,292Debts from €8,549 to €24,937
Key points
from the 2021 annual accounts, the last ones filedPayment terms
124 days to suppliers
OFRAH pays its suppliers 113 days later than in 2020.
Filings
13 annual accounts since 2009
Ten of the last ten came late. The 2019 accounts came latest: 635 days after the end of the period.
No score
Recent changes
Bankruptcy closure (by liquidation)
French-language Enterprise Court of Brussels · judgment of 22-09-2026 · Bankruptcy
Bankruptcy published
French-language Enterprise Court of Brussels · judgment of 06-02-2023 · Bankruptcy
Resignation: OUAMAR Rachid (director)
Transfer of shares from OUAMAR Rachid to OUAMAR Hamza · Appointment: OUAMAR Hamza (director) · General meeting of 07-10-2021 · Gazette deed
Incorporation
4 publications in the Belgian Official Gazette, the last on 04-11-2021 · published on 03-03-2009 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 06-02-2023
- Legal form
- Private limited company (pre-2019)
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2021
- €4,325▼ 46.8%
- €16,596▲ 20.8%
- -€24,292▼ 216%
- €645▼ 24.3%
- Filing
- Filed on 30-12-2022
Insights on OFRAH
Equity fell from €13,630 in 2013 to -€24,292 in 2021, while debts rose from €5,518 to €24,937.
On 6 February 2023 the court declared OFRAH bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2021
micro format, filed on 30-12-2022, 152 days late€4,325
▼ 46.8%
-€16,361
▼ €2,627
-€15,429
▼ €2,627
-€15,664
▼ €2,862
-
-
Money flows
turnover is 20.1% of income in 2021Balance sheet
balance sheet total €645 on 31-12-2021What the company ownsHow it is paid for
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
645 | 853 | 6,037 | 14,359 | 16,759 | 16,452 | 14,250 | 14,141 | 19,148 | 15,681 | 20,878 | 22,687 | 23,478 | |
21/28 |
490 | 853 | 1,784 | - | - | 380 | 380 | - | - | - | - | - | - | |
21 |
- | 0 | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
490 | 853 | 1,784 | - | - | 380 | 380 | - | - | - | - | - | - | |
23 |
490 | 853 | 1,784 | - | - | - | - | - | - | - | - | - | - | |
24 |
- | - | - | - | - | 380 | 380 | - | - | - | - | - | - | |
28 |
- | 0 | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
155 | - | 4,253 | 14,359 | 16,759 | 16,073 | 13,870 | 14,141 | 19,148 | 15,681 | 20,878 | 22,687 | 23,478 | |
40/41 |
155 | - | 4,253 | 14,359 | 7,984 | 15,409 | 12,704 | 10,709 | 6,226 | 1,281 | - | - | - | |
40 |
- | - | - | - | - | - | - | - | - | 1,281 | - | - | - | |
41 |
155 | - | 4,253 | 14,359 | 7,984 | 15,409 | 12,704 | 10,709 | 6,226 | - | - | - | - | |
54/58 |
- | - | - | - | 8,776 | 474 | 976 | 3,431 | 10,531 | 14,400 | 20,878 | 22,687 | 23,478 | |
490/1 |
- | - | - | - | - | 190 | 190 | - | 2,391 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
645 | 853 | 6,037 | 14,359 | 16,759 | 16,452 | 14,250 | 14,141 | 19,148 | 15,681 | 20,878 | 22,687 | 23,478 | |
10/15 |
-24,292 | -7,697 | 6,037 | 12,098 | 12,098 | 12,098 | 12,098 | 11,551 | 13,630 | 13,569 | 13,405 | 13,322 | 11,186 | |
10/11 |
13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | |
10 |
- | - | 13,000 | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | 5,600 | 5,600 | 5,600 | 5,600 | 5,600 | 5,600 | 5,600 | 5,600 | 5,600 | 5,600 | 5,600 | |
13 |
117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 114 | 106 | 23 | - | |
130/1 |
117 | 117 | 117 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 114 | 106 | 23 | - | |
1311 |
117 | 117 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-37,409 | -20,814 | -7,080 | -1,019 | -1,019 | -1,019 | -1,019 | -1,566 | 513 | 455 | 299 | 299 | -1,814 | |
17/49 |
24,937 | 8,549 | - | 2,261 | 4,662 | 4,355 | 2,152 | 2,590 | 5,518 | 2,112 | 7,473 | 9,365 | 12,291 | |
42/48 |
24,937 | 8,549 | - | 2,261 | 4,662 | 4,355 | 2,152 | 2,590 | 5,518 | 2,112 | 7,473 | 9,365 | 12,291 | |
43 |
16 | - | - | - | 1,211 | 1,160 | - | - | 3,081 | - | - | - | - | |
430/8 |
16 | - | - | - | 1,211 | 1,160 | - | - | 3,081 | - | - | - | - | |
44 |
6,761 | 598 | - | - | 1,488 | 1,488 | 1,488 | 1,057 | 426 | 826 | - | 992 | - | |
440/4 |
6,761 | 598 | - | - | 1,488 | 1,488 | 1,488 | 1,057 | 426 | 826 | - | 992 | - | |
45 |
- | - | - | 2,261 | 1,963 | 1,707 | 664 | 1,533 | 2,011 | 1,286 | 4,473 | 8,373 | 291 | |
450/3 |
- | - | - | 2,261 | 1,963 | 1,707 | 664 | 1,533 | 2,011 | 1,286 | 4,473 | 1,706 | 291 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | 6,667 | - | |
47/48 |
18,161 | 7,952 | - | - | - | - | - | - | - | - | 3,000 | - | 12,000 | |
| Income statement | ||||||||||||||
70 |
4,325 | 8,134 | 20,131 | 0 | - | - | - | - | - | - | - | - | - | |
76A |
- | - | 1,227 | - | - | - | - | - | - | - | - | - | - | |
9900 |
-15,082 | -12,455 | -5,271 | 0 | 458 | -1,358 | 832 | -1,547 | 616 | 218 | 4,545 | 7,398 | 10,186 | |
60/61 |
19,976 | 20,589 | 26,628 | - | - | - | - | - | - | - | - | - | - | |
62 |
- | - | - | - | - | - | - | - | - | - | 1,462 | 6,872 | - | |
630 |
932 | 932 | 442 | - | 380 | - | 190 | - | - | - | - | - | - | |
640/8 |
348 | 348 | 348 | - | - | - | - | 107 | 410 | - | - | 660 | - | |
9901 |
-16,361 | -13,734 | -6,061 | - | 78 | -1,358 | 642 | -1,654 | 206 | 218 | 3,083 | -134 | 10,186 | |
65/66B |
235 | - | - | - | 78 | 29 | 95 | 425 | 124 | - | - | - | - | |
65 |
235 | - | - | - | 78 | 29 | 95 | 425 | 124 | - | - | - | - | |
9903 |
-16,596 | -13,734 | -6,061 | - | - | -1,387 | 547 | -2,079 | 82 | 218 | 3,083 | -134 | 10,186 | |
67/77 |
- | - | - | - | - | - | - | - | 20 | 54 | - | - | - | |
9904 |
-16,596 | -13,734 | -6,061 | 0 | - | -1,387 | 547 | -2,079 | 61 | 164 | 3,083 | -134 | 10,186 | |
9905 |
-16,596 | -13,734 | -6,061 | 0 | - | -1,387 | 547 | -2,079 | 61 | 164 | 3,083 | -134 | 10,186 | |
| Appropriation of the result | ||||||||||||||
9906 |
-37,409 | -20,814 | -7,080 | -1,019 | -1,019 | -902 | -1,019 | -1,566 | 516 | 463 | 3,382 | 322 | 10,186 | |
14P |
-20,814 | -7,080 | -1,019 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | 0 | - | 117 | - | - | 3 | 8 | 83 | 23 | - | |
6920 |
- | - | - | 0 | - | 117 | - | 0 | 3 | 8 | 83 | 23 | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | 3,000 | - | 12,000 | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | 12,000 | |
| Document | ||||||||||||||
The notes to these accounts have 4 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 2021 (PDF), filed on 30-12-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2021 annual accounts filed 152 days after the deadline. Filed on 30 December 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2023-20552915.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 30-12-2022 | 2023-20552915 | |
| 31-12-2020 | micro format | 03-05-2022 | 2022-20021354 | |
| 31-12-2019 | full format | 27-04-2022 | 2022-20018104 | |
| 31-12-2018 | full format | 24-11-2020 | 2020-72500069 | |
| 31-12-2017 | full format | 17-08-2018 | 2018-46800083 | |
| 31-12-2016 | full format | 09-10-2017 | 2017-67100473 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-56000342 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-57700439 | |
| 31-12-2013 | full format | 29-12-2014 | 2014-71000075 | |
| 31-12-2012 | full format | 18-07-2014 | 2014-32600174 | |
| 31-12-2011 | full format | 18-07-2014 | 2014-32600169 | |
| 31-12-2010 | full format | 18-07-2014 | 2014-32600163 | |
| 31-12-2009 | full format | 31-12-2010 | 2010-65400270 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -15,429 | -12,802 | -5,619 | - | 458 | - | 832 | - | - | - | - | - | - | ||
| -15,664 | -12,802 | -5,619 | - | - | - | 736 | - | - | - | - | - | - | ||
| 569 | 0 | 2,226 | - | 0 | - | 569 | - | - | - | - | - | - | ||
| - | - | - | - | 8,302 | -503 | -2,455 | -7,100 | -3,869 | -6,478 | -1,809 | -791 | - | ||
| -24,782 | - | - | 12,098 | 12,098 | 11,718 | 11,718 | 11,551 | 13,630 | 13,569 | 13,405 | 13,322 | 11,186 | ||
| - | - | -30.1% | - | - | - | - | - | - | - | - | - | - | ||
| - | - | 100.0% | 84.3% | 72.2% | 73.5% | 84.9% | 81.7% | 71.2% | 86.5% | 64.2% | 58.7% | 47.6% | ||
| - | - | - | 6.35 | 3.60 | 3.69 | 6.45 | 5.46 | 3.47 | 7.42 | 2.79 | 2.42 | 1.91 | ||
| - | - | - | 0.19 | 0.39 | 0.36 | 0.18 | 0.22 | 0.40 | 0.16 | 0.56 | 0.70 | 1.10 | ||
| - | - | -100.4% | 0.0% | - | -11.5% | 4.5% | -18.0% | 0.4% | 1.2% | 23.0% | -1.0% | 91.1% | ||
| - | - | -100.4% | 0.0% | - | -8.4% | 3.8% | -14.7% | 0.3% | 1.0% | 14.8% | -0.6% | 43.4% | ||
| -65.77 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 13 days | - | 77 days | - | - | - | - | - | - | - | - | - | - | ||
| 124 days | 11 days | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
The ratios are withheld because a balance sheet total of €645 is too small for a meaningful ratio.
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.
Investments
fixed assets acquired| Item | 2021 | 2020 | 2019 |
|---|---|---|---|
| Tangible fixed assets | - | - | €2,226 |
| €932 | €932 | €442 |
Source: notes to the 2019 to 2021 annual accounts (statement of fixed assets)
Insights on OFRAH
The operating result for 2021 is a loss of €16,361, larger than the loss of €13,734 in 2020. It is the lowest result since 2009.
Equity is negative. Debt (€24,937) exceeds the balance-sheet total (€645).
Board & ownership
Curator
1 mandateCurator, Rue De La Loi 28, 1040 Etterbeek
from 06-02-2023 to 22-09-2026
Also on 215 other cases
Last board
1 director, last change in 2021Mandates through the years
2 names, the dashed line is todayOUAMAR Hamza
Director
Director
OUAMAR Rachid
Director
Director
BoardEarliermandate already running before its first mentionBankruptcy 06-02-2023
Mandates as a list
- OUAMAR Hamza
- Director, appointed by deed of 04-11-2021, until the bankruptcy of 06-02-2023
- OUAMAR Rachid
- Director, until 04-11-2021
Control
Capital
- Contribution
- €13,000
- Source
- 2021 annual accounts
Shareholders
Share transfer
deed of 04-11-2021 ↗
- OUAMAR Rachid to OUAMAR Hamza all shares
Network & group
No group
OFRAH has no parent and no holdings in its annual accounts. OUAMAR Hamza is the only director. OFRAH shares no director with another company.
Timeline
Timeline
21 events since 2009Board
Capital
Filings
Financial
Insolvency
201020122014201620182020202220242026
2026
Bankruptcy closure (by liquidation) French-language Enterprise Court of Brussels · judgment of 22-09-2026
2023
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 06-02-2023
2022
Annual accounts 2021 filed PDFmicro format · 152 days late
Annual accounts 2020 filed PDFmicro format · 276 days late
Annual accounts 2019 filed PDFfull format · 635 days late
2021
Weakest financial year net -€16,596 The net result drops to -€16,596, the lowest from 2009 to 2021.
Resignation: OUAMAR Rachid (director)Transfer of shares from OUAMAR Rachid to OUAMAR Hamza · Appointment: OUAMAR Hamza (director) · General meeting of 07-10-20214 points ▸
- General meeting, 07-10-2021
- Share transfer, OUAMAR Rachid → OUAMAR Hamza
- Director resignation, OUAMAR Rachid
- Director appointment, OUAMAR Hamza
2020
Annual accounts 2018 filed PDFfull format · 482 days late
2018
Annual accounts 2017 filed PDFfull format · 17 days late
2017
Annual accounts 2016 filed PDFfull format · 70 days late
2016
Annual accounts 2015 filed PDFfull format · 31 days late
2015
Back to profit net €547 The net result is €547, after one loss-making year.
Annual accounts 2014 filed PDFfull format · 31 days late
2014
Annual accounts 2013 filed PDFfull format · 151 days late
Annual accounts 2010 filed PDFfull format · 1083 days late
Annual accounts 2011 filed PDFfull format · 717 days late
Annual accounts 2012 filed PDFfull format · 352 days late
2012
Liquidity more than doubled current ratio 7.42 The current ratio rises from 2.79 to 7.42. Short-term debt falls from €7,473 to €2,112.
2011
Back to profit net €3,083 The net result is €3,083, after one loss-making year.
2010
Annual accounts 2009 filed PDFfull format · 153 days late
2009
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 04-11-2021 · published on 03-03-2009
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Buildings and parcels at the address
- Ground area
- 82 m²
- Buildings
- 79 m²
- Volume, LiDAR
- 961 m³
- Tallest building
- 18.0 m
Buildings to scale, each on its own parcel
Inactive
Inactive since October 2026
OFRAH has not been in the KBO register since 2 October 2026.
- Status
- Inactiveout of the register since 2 October 2026
- Reason
- Bankruptcy opened
- Last annual accounts
- financial year to 31 December 2021
- Last registered office
- Rue Des Etangs Noirs 50, 1080 Molenbeek-Saint-Jeanas published on 4 November 2021
- Legal form
- Private limited company (pre-2019)
- Active since
- 20 February 2009
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21523B0742/00V012 | 81 m² | 1 · 79 m² | 18.0 m · 4 |