OOSTERSTEEN CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for OOSTERSTEEN CONSTRUCT according to publications in the Belgian State Gazette; curator: MAARTEN VINCKIER.
Summary
The 2021 annual accounts show equity of €231,759 and a net result of -€18,701.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Kortrijk division
- Declared bankrupt
- 5 May 2026
- Supervising judge
- Joost Muylle
- Official Gazette
- 11-05-2026 (pdf) ↗search the document for 2026/120308
Curator
- Maarten VinckierHoogleedsesteenweg 7, 8800 Roeselarem@vinckieradvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Other building finishing work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€231,759▼ 7.5%
2020 · €250,460
Total assets
€409,515▼ 10.3%
2020 · €456,781
Net result
-€18,701
2020 · €29,259
Working capital
€220,056▼ 6.8%
2020 · €236,202
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€35,349--€7,726€44,674-€4,741
Net result€21,700--€12,493€29,259-€18,701
Equity€233,693-€221,200▼ 5.3%€250,460▲ 13.2%€231,759▼ 7.5%
Total assets€573,382-€567,834▼ 1.0%€456,781▼ 19.6%€409,515▼ 10.3%
Debt€339,689-€346,634▲ 2.0%€206,321▼ 40.5%€177,757▼ 13.8%
Working capital€230,751-€205,545▼ 10.9%€236,202▲ 14.9%€220,056▼ 6.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €4,741 after €44,674 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €409,515
Fixed assets
€11,703 ▼ 17.9%
Current assets
€397,813 ▼ 10.1%
Equity and liabilities €409,515
Equity
€231,759 ▼ 7.5%
Debt
€177,757 ▼ 13.8%
Debt's share of the balance-sheet total falls from 45.2% to 43.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€935▼
2020 · €56,523
Cash flow
-€14,896▼
2020 · €41,108
Current ratio
2.24▲
2020 · 2.14
Quick ratio
2.21▲
2020 · 2.10
Debt to equity
0.77▼
2020 · 0.82
ROE
-8.1%▼
2020 · 11.7%
ROA
-4.6%▼
2020 · 6.4%
Interest coverage
-0.10▼
2020 · 19.16
Debt ≤ 1 year
€177,757▼
2020 · €206,321
Income taxes
€4,847▼
2020 · €12,500
Staff costs
€59,656▲
2020 · €54,722
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €117,240 | €113,668 | €54,722 | €59,656 | ▲ 9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,814 | €14,504 | €11,849 | €3,805 | ▼ 67.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €11,149 | €83,845 | €66,724 | ▼ 20.4% |
| Other operating charges640/8 | €6,469 | €1,534 | €1,160 | €1,098 | ▼ 5.4% |
| Gross operating margin9900 | €179,872 | €133,130 | €196,251 | €126,543 | ▼ 35.5% |
| Operating profit (loss)9901 | €35,349 | -€7,726 | €44,674 | -€4,741 | ▼ 111% |
| Financial income75/76B | €618 | €94 | €35 | €4 | ▼ 87.6% |
| Recurring financial income75 | €618 | €94 | €35 | €4 | ▼ 87.6% |
| Financial charges65/66B | €4,254 | €4,860 | €2,949 | €9,118 | ▲ 209% |
| Recurring financial charges65 | €4,254 | €4,860 | €2,949 | €9,118 | ▲ 209% |
| Profit (loss) for the period before taxes9903 | €31,713 | -€12,491 | €41,759 | -€13,854 | ▼ 133% |
| Income taxes67/77 | €10,013 | €2 | €12,500 | €4,847 | ▼ 61.2% |
| Profit (loss) for the period9904 | €21,700 | -€12,493 | €29,259 | -€18,701 | ▼ 164% |
| Profit (loss) for the period to be appropriated9905 | €21,700 | -€12,493 | €29,259 | -€18,701 | ▼ 164% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €573,382 | €567,834 | €456,781 | €409,515 | ▼ 10.3% |
| Fixed assets21/28 | €38,556 | €24,577 | €14,257 | €11,703 | ▼ 17.9% |
| Intangible fixed assets21 | €15,000 | €12,000 | €9,000 | €6,000 | ▼ 33.3% |
| Tangible fixed assets22/27 | €20,122 | €9,142 | €1,823 | €2,268 | ▲ 24.4% |
| Plant, machinery and equipment23 | €582 | €205 | €1,503 | €1,197 | ▼ 20.4% |
| Furniture and vehicles24 | €19,540 | €8,938 | €320 | €1,072 | ▲ 235% |
| Financial fixed assets28 | €3,434 | €3,434 | €3,434 | €3,434 | = |
| Current assets29/58 | €534,826 | €543,257 | €442,523 | €397,813 | ▼ 10.1% |
| Stocks and contracts in progress3 | €127,251 | €37,227 | €10,272 | €5,410 | ▼ 47.3% |
| Stocks30/36 | €6,251 | €5,127 | €3,522 | €2,510 | ▼ 28.7% |
| Contracts in progress37 | €121,000 | €32,100 | €6,750 | €2,900 | ▼ 57.0% |
| Amounts receivable within one year40/41 | €391,909 | €491,517 | €418,312 | €385,437 | ▼ 7.9% |
| Trade receivables40 | €352,672 | €432,698 | €371,479 | €323,022 | ▼ 13.0% |
| Other amounts receivable41 | €39,237 | €58,819 | €46,833 | €62,415 | ▲ 33.3% |
| Cash at bank and in hand54/58 | €14,112 | €14,514 | €13,939 | €6,966 | ▼ 50.0% |
| Deferred charges and accrued income490/1 | €1,554 | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €573,382 | €567,834 | €456,781 | €409,515 | ▼ 10.3% |
| Equity10/15 | €233,693 | €221,200 | €250,460 | €231,759 | ▼ 7.5% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Capital10 | €25,000 | - | - | - | - |
| Issued capital100 | €25,000 | - | - | - | - |
| Reserves13 | €186,993 | €186,993 | €186,993 | €186,993 | = |
| Non-distributable reserves130/1 | - | €2,500 | €2,500 | €2,500 | = |
| Legal reserve130 | €2,500 | - | - | - | - |
| Reserves not available under the articles1311 | - | €2,500 | €2,500 | €2,500 | = |
| Tax-exempt reserves132 | €56,250 | €56,250 | €56,250 | €56,250 | = |
| Distributable reserves133 | €128,243 | €128,243 | €128,243 | €128,243 | = |
| Profit (loss) carried forward14 | €21,700 | €9,207 | €38,467 | €19,766 | ▼ 48.6% |
| Amounts payable17/49 | €339,689 | €346,634 | €206,321 | €177,757 | ▼ 13.8% |
| Amounts payable after more than one year17 | €35,614 | €8,922 | - | - | - |
| Financial debts170/4 | €35,614 | €8,922 | - | - | - |
| Amounts payable within one year42/48 | €304,075 | €337,712 | €206,321 | €177,757 | ▼ 13.8% |
| Current portion of amounts payable after more than one year42 | €36,092 | €26,693 | €9,765 | - | - |
| Trade debts44 | €171,426 | €211,461 | €95,150 | €64,140 | ▼ 32.6% |
| Suppliers440/4 | €171,426 | €211,461 | €95,150 | €64,140 | ▼ 32.6% |
| Taxes, remuneration and social security45 | €23,117 | €27,753 | €52,162 | €52,809 | ▲ 1.2% |
| Taxes450/3 | €14,843 | €13,744 | €31,502 | €23,082 | ▼ 26.7% |
| Remuneration and social security454/9 | €8,274 | €14,009 | €20,660 | €29,728 | ▲ 43.9% |
| Other amounts payable47/48 | €73,440 | €71,805 | €49,243 | €60,807 | ▲ 23.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,700 | -€12,493 | €29,259 | -€18,701 | ▼ 164% |
| + Depreciation and write-downs630 | €20,814 | €14,504 | €11,849 | €3,805 | ▼ 67.9% |
| Operating cash flow (approximation) | €42,514 | €2,011 | €41,108 | -€14,896 | ▼ 136% |
| Investment in fixed assets (approximation) | - | -€525 | -€1,529 | -€1,251 | ▲ 18.2% |
| Change in cash | - | €402 | -€575 | -€6,973 | ▼ 1,113% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
11-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 05-05-2026
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 271 days late
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 636 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1280 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 907 days late
2021
31-12
Financial
Weakest financial yearnet -€18,701
Net result drops to -€18,701, the lowest in the series.
2020
31-12
Financial
Back to profitnet €29,259
Net result €29,259 after one loss-making year.
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
09-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 101 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Roeselare
Ground area
459 m²
Building footprint
120 m²
Volume, LiDAR
755 m³
Parcel 36015A1126/00T000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A1126/00T000 | Flanders | 459 m² | 1 · 120 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MAARTEN VINCKIER HOOGLEEDSESTEENWEG 7,
8800 ROESELARE |
05-05-2026 → present |
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Of 7,300 companies in sector 43350 we hold annual accounts for 2,361. 1,728 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 (pre-2019)
Founded09-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43910Bricklaying and masonry work
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.