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OOSTENDORP

Active
Private limited companyfounded 20206 yrs activeGeisterweg(L) 5, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0745.557.341
Summary

The computed 12-month bankruptcy probability of OOSTENDORP is 6.6% (elevated). The 2024 annual accounts show negative equity (€-2k) and a net result of €-4k. Equity is shrinking by ~45.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0▼-53
Growth32=
Track record100
Bankruptcy probability, 12 months
6.6% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.93 in 2023; short-term debt: 135.7% and cash: 3.8% of total assets), and equity is negative.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-35.7%
Return on assets
-73.5%
Age of the figures
21 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year €-2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
84 d late
2023
98 d late
2022
92 d late
2021
30 d late
2020
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€-2k
2023 · €2k
2020: €15k 2021: €18k▲ +20.4% vs 2020highest in 5 years 2022: €12k▼ -35.2% vs 2021 2023: €2k▼ -80.8% vs 2022 2024: €-2k▼ -194% vs 2023lowest in 5 years
2020 → 2024
Total assets
€6k▼ 25.2%
2023 · €8k
2020: €22k 2021: €24k▲ +11.5% vs 2020highest in 5 years 2022: €18k▼ -27.4% vs 2021 2023: €8k▼ -54.1% vs 2022 2024: €6k▼ -25.2% vs 2023lowest in 5 years
2020 → 2024
Net result
€-4k▲ 54.0%
2023 · €-10k
2020: €9khighest in 5 years 2021: €3k▼ -66.4% vs 2020 2022: €-6k▼ -308% vs 2021 2023: €-10k▼ -49.0% vs 2022lowest in 5 years 2024: €-4k▲ +54.0% vs 2023
2020 → 2024
Working capital
€-4k▼ 935%
2023 · €-397
2020: €13k 2021: €15k▲ +20.4% vs 2020highest in 5 years 2022: €9k▼ -38.8% vs 2021 2023: €-397▼ -104% vs 2022 2024: €-4k▼ -935% vs 2023lowest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€15k-€18k▲ 20.4%€12k▼ 35.2%€2k▼ 80.8%€-2k 2020: €15k 2021: €18k▲ +20.4% vs 2020highest in 5 years 2022: €12k▼ -35.2% vs 2021 2023: €2k▼ -80.8% vs 2022 2024: €-2k▼ -194% vs 2023lowest in 5 years
Operating result€12k-€4k▼ 66.7%€-6k€-10k▼ 49.4%€-4k▲ 54.9% 2020: €12khighest in 5 years 2021: €4k▼ -66.7% vs 2020 2022: €-6k▼ -255% vs 2021 2023: €-10k▼ -49.4% vs 2022lowest in 5 years 2024: €-4k▲ +54.9% vs 2023
Net result€9k-€3k▼ 66.4%€-6k€-10k▼ 49.0%€-4k▲ 54.0% 2020: €9khighest in 5 years 2021: €3k▼ -66.4% vs 2020 2022: €-6k▼ -308% vs 2021 2023: €-10k▼ -49.0% vs 2022lowest in 5 years 2024: €-4k▲ +54.0% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10kOperating result 2020: €12k€12kNet result 2020: €9k€9kOperating result 2021: €4k€4kNet result 2021: €3k€3kOperating result 2022: €-6k€-6kNet result 2022: €-6k€-6kOperating result 2023: €-10k€-10kNet result 2023: €-10k€-10kOperating result 2024: €-4k€-4kNet result 2024: €-4k€-4k20202021202220232024€-10k€-7.5k€-5k€-2.5k€0Operating result 2022: €-6k€-6.4kNet result 2022: €-6k€-6.5kOperating result 2023: €-10k€-9.6kNet result 2023: €-10k€-9.6kOperating result 2024: €-4k€-4.3kNet result 2024: €-4k€-4.4k202220232024
The operating result stays negative: a loss of €4k in 2024 against €10k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5k
Fixed assets €528 ▼ 46.1%
Current assets €4k ▼ 24.3%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-4k▲
2023 · €-9k
Cash flow
€-4k▲
2023 · €-9k
Solvency
-35.7%▼
2023 · 28.3%
Current ratio
0.50▼
2023 · 0.93
Debt to equity
-3.80▼
2023 · 2.53
ROA
-73.5%▲
2023 · -119.4%
Interest coverage
-33.33▲
2023 · -197.52
Debt
€8k▲
2023 · €6k
Debt ≤ 1 year
€8k▲
2023 · €6k
Staff costs
€51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€8k€6k▼
Formation expenses20€2k€1k▼
Fixed assets21/28€980€528▼
Tangible fixed assets22/27€980€528▼
Plant, machinery and equipment23€980€528▼
Current assets29/58€5k€4k▼
Amounts receivable within one year40/41€2k€4k▲
Trade receivables40-€653
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€3k€227▼
Equity and liabilities
Total equity and liabilities10/49€8k€6k▼
Equity10/15€2k€-2k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-4k€-8k▼
Amounts payable17/49€6k€8k▲
Amounts payable within one year42/48€6k€8k▲
Trade debts44€123€1k▲
Suppliers440/4€123€1k▲
Taxes, remuneration and social security45€19€1k▲
Taxes450/3€19€775▲
Remuneration and social security454/9-€610
Other amounts payable47/48€6k€6k=
Income statement Code20232024
Remuneration, social security and pensions62-€51k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€706€727▲
Other operating charges640/8€446€768▲
Gross operating margin9900€-8k€48k▲
Operating profit (loss)9901€-10k€-4k▲
Financial charges65/66B€45€108▲
Recurring financial charges65€45€108▲
Profit (loss) for the period before taxes9903€-10k€-4k▲
Profit (loss) for the period9904€-10k€-4k▲
Profit (loss) for the period to be appropriated9905€-10k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-8k▼
Profit (loss) brought forward from the previous period14P€6k€-4k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Remuneration, social security and pensions62----€51k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€222€435€512€706€727▲ 3.0%
Other operating charges640/8-€464€467€446€768▲ 72.1%
Gross operating margin9900€13k€5k€-5k€-8k€48k▲ 668%
Operating profit (loss)9901€12k€4k€-6k€-10k€-4k▲ 54.9%
Financial income75/76B-€22€0---
Recurring financial income75€9€22€0---
Financial charges65/66B-€98€49€45€108▲ 140%
Recurring financial charges65€85€98€49€45€108▲ 140%
Profit (loss) for the period before taxes9903€12k€4k€-6k€-10k€-4k▲ 54.0%
Income taxes67/77€3k€959----
Profit (loss) for the period9904€9k€3k€-6k€-10k€-4k▲ 54.0%
Profit (loss) for the period to be appropriated9905€9k€3k€-6k€-10k€-4k▲ 54.0%
Line20202021202220232024Change
Assets
Total assets20/58€22k€24k€18k€8k€6k▼ 25.2%
Formation expenses20€3k€2k€2k€2k€1k▼ 16.2%
Fixed assets21/28-€787€550€980€528▼ 46.1%
Tangible fixed assets22/27-€787€550€980€528▼ 46.1%
Plant, machinery and equipment23-€787€550€980€528▼ 46.1%
Current assets29/58€19k€21k€15k€5k€4k▼ 24.3%
Stocks and contracts in progress3--€4k---
Stocks30/36--€4k---
Amounts receivable within one year40/41€3k€14k€940€2k€4k▲ 55.8%
Trade receivables40-€12k--€653-
Other amounts receivable41-€1k€940€2k€3k▲ 29.3%
Cash at bank and in hand54/58€17k€8k€11k€3k€227▼ 92.2%
Equity and liabilities
Total equity and liabilities10/49€22k€24k€18k€8k€6k▼ 25.2%
Equity10/15€15k€18k€12k€2k€-2k▼ 194%
Contributions10/11-€6k€6k€6k€6k=
Profit (loss) carried forward14€9k€12k€6k€-4k€-8k▼ 119%
Amounts payable17/49€6k€6k€6k€6k€8k▲ 41.5%
Amounts payable within one year42/48€6k€6k€6k€6k€8k▲ 41.5%
Trade debts44€21€2k€62€123€1k▲ 839%
Suppliers440/4-€2k€62€123€1k▲ 839%
Taxes, remuneration and social security45-€959€19€19€1k▲ 7,132%
Taxes450/3-€959€19€19€775▲ 3,948%
Remuneration and social security454/9----€610-
Other amounts payable47/48-€3k€6k€6k€6k=
Line20202021202220232024Change
Profit (loss) for the period9904€9k€3k€-6k€-10k€-4k▲ 54.0%
+ Depreciation and write-downs630€222€435€512€706€727▲ 3.0%
Operating cash flow (approximation)€10k€4k€-6k€-9k€-4k▲ 58.5%
Investment in fixed assets (approximation)--€-275€-1k€-275▲ 75.8%
Change in cash-€-9k€3k€-8k€-3k▲ 65.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
23-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 84 days late
2024
06-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 98 days late
2023
31-12
Financial Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
31-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are 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, Maasmechelen · 2 establishment units since 2020
seat establishment All 2 establishment units on the map
Ground area
1,115 m²
Building footprint
290 m²
Volume, LiDAR
2,395 m³
2 parcels, Flanders, Wallonia · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
OOSTENDORP
Geisterweg(L) 5, 3630 MaasmechelenManufacture of furniture
since 20202.302.158.507
Succursale Oostendorp
Rue des Célestines 3, 4000 LiègeManufacture of furniture
since 20232.352.374.516
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
73045A0596/00C000 Flanders 1,030 m² 1 · 237 m² 11.9 m · 3 fl.
62803A1174/00M000 Wallonia 85 m² 1 · 53 m² 12.0 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 1,659 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation

Scores and ratios are computed by Checked and are not a credit decision.