Skip to content

OOSTEROEVER

Active
Public limited companyfounded 201115 years 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 4,854 sector peers (NACE 68, fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
#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 probability, 12 months
0.1%
Structure
Parent
VERSLUYS INVEST · 100%
Board
3 members
Auditor: Pwc BedrijfsrevisorenAccounts 68 days 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%
Financially better than 64% of its sector peers (NACE 68, medium-sized)
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%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value
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 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 68, medium-sized): better than 70% on solvency, 39% on liquidity, 99% on profitability and 49% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 24-06-2025)
NBB · annual accounts
lowers risk · Size: turnover €23.4m, total assets €25.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 2.02, cash €4.1m
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 days early
2023
37 days early
2022
33 days early
2021
25 days early
2020
2 days early
2019
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 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
Checked from 2021 on.
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 days 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. 24-06-2024Annual accounts filed
  2. 31-12-2023Highest result since 2018
  3. 28-06-2023Annual accounts filed
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

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.