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OOSTEROEVER

Active
Public limited companyfounded 201115 yrs activeZandvoordestraat 465, 8400 Oostende, BelgiumKBO/BCE: BE 0834.154.171
Summary

OOSTEROEVER has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12.8m and a net result of €5.9m. Equity is growing by ~106.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 4854 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101
#10 company by total assets in Ostend, Real estate sector1 site
Size
€23.4mturnover 2024
Equity
€12.8m
Profit
€5.9m
Financial health
93 Excellent Checked score 2024
Bankruptcy chance 12 m
0.1%
Structure
Parent
VERSLUYS INVEST · 100%
Board
3 members
Auditor: Pwc BedrijfsrevisorenAccounts 68 d overdue1 of 13 deeds read
Why 93- Figures for FY 2024 (filed 24-06-2025)+ Size: turnover €23.4m, total assets €25.5m+ Sector Real estate activities (NACE 68)+ Liquidity: current ratio 2.02, cash €4.1mShow the evidence

Checked score

Score 2024
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 64% of its sector peers (NACE 68, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 75+11
equity 50.2% of total assets
Liquidity 45+12
short-term debt 49.4% · cash 16.0%
Profitability 99-1
return on assets 23.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,718 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%▲ +2.8% vs 02-2025 04-2025: < 0.1%▲ +2.7% vs 03-2025 05-2025: < 0.1%▲ +2.6% vs 04-2025 06-2025: < 0.1%▲ +5.1% vs 05-2025 07-2025: < 0.1%▼ -14.6% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%▼ -2.9% vs 01-2026lowest value 03-2026: < 0.1%▲ +2.9% vs 02-2026 04-2026: < 0.1%▲ +2.9% vs 03-2026 05-2026: < 0.1%▲ +2.8% vs 04-2026 06-2026: < 0.1%▲ +2.7% vs 05-2026 07-2026: < 0.1%▲ +7.9% vs 06-2026 08-2026: 0.1%▲ +82.9% vs 07-2026 09-2026: 0.1%▲ +16.0% vs 08-2026 10-2026: 0.1%▲ +59.8% vs 09-2026highest value
  • Figures for FY 2024 (filed 24-06-2025) raises the probability
  • Size: turnover €23.4m, total assets €25.5m lowers the probability for this profile
  • Sector Real estate activities (NACE 68) lowers the probability
  • Liquidity: current ratio 2.02, cash €4.1m lowers the probability
Credit up to €1,150,000 at 30 days acceptable
Liquidity ample (current ratio 2.02 against 1.65 in 2023; short-term debt: 49.4% and cash: 16% of total assets), and 49.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, medium-sized). Better than this share of them on solvency 70%, liquidity 39%, profitability 99%, growth against the median 49%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 24-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: turnover €23.4m, total assets €25.5m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 2.02, cash €4.1m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
37 d early
2022
33 d early
2021
25 d early
2020
2 d early
2019
29 d 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 28 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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
  1. Reappointments: PwC Bedrijfsrevisoren, QUETZAL PD and…Appointments: Wouter Coppens (natuurlijke vertegenwoordiger)…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Equity above €10mEq €12.8m ▲29.7%

Key points

  • Positive: Among the best 5% on net resultsector median €10,936 · 4,867 companies €5.9m View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 d late View
  • Caution: Turnover fell in 2024from €35.0m to €23.4m ▼ 33.1% View
  • Board changedlatest change 15-05-2026 · 3 in office 2 joined · 1 left View
  • Controlled by VERSLUYS INVEST 100% View

By topic

Financials

Fiscal year
2024
Turnover
€23.4m
Profit
€5.9m
Solvency
50.2%
Turnover▼ 33.1%
Net result
20182024
Go to Financials

Board & ownership

Board
3 members
Parent
VERSLUYS INVEST · 100%
Auditor
Pwc Bedrijfsrevisoren
Go to Board & ownership

Timeline

Events
18
Since
2016
  1. 22-09-2026Reappointments: PwC Bedrijfsrevisoren, QUETZAL PD and VERSLUYS…
  2. 19-06-2025Annual accounts filed
  3. 31-12-2024Equity above €10m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
25-02-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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