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Oostro - Pack

Active
Public limited companyfounded 199234 yrs activeAmbachtenlaan 13, 8560 Wevelgem, BelgiumKBO/BCE: BE 0448.003.705
Summary

Oostro - Pack has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€31,370. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 5071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability30▲+4
Solvency84▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.04 in 2024; short-term debt: 37.3% and cash: 0% of total assets), and 41% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
59%
Return on assets
-1.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€31,370
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
47 d late
2023
29 d late
2022
58 d late
2021
30 d late
2020
31 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

Oostro - Pack was incorporated on 13 August 1992.1 Total assets fell from EUR 2.5 million in 2018 to EUR 1.8 million in 2025 and headcount from 0.6 to 0.6 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€31,370▲ 28.3%
2024 · -€43,742
Working capital
-€19,263
2024 · €24,866
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€60,343€14,951▼ 75.2%-€18,114-€17,351▲ 4.2%-€6,704▲ 61.4%
Net result€34,076within the sector's middle half-€8,421below the sector's middle half-€43,103below the sector's middle half▼ 412%-€43,742below the sector's middle half▼ 1.5%-€31,370below the sector's middle half▲ 28.3%
Equity€1.2mabove the sector's middle half▲ 3.0%€1.2mabove the sector's middle half▼ 0.7%€1.1mwithin the sector's middle half▼ 3.7%€1.1mwithin the sector's middle half▼ 3.9%€1.1mwithin the sector's middle half▼ 2.9%
Total assets€2.2mwithin the sector's middle half▲ 3.7%€2.1mwithin the sector's middle half▼ 3.2%€2.0mwithin the sector's middle half▼ 4.2%€1.9mwithin the sector's middle half▼ 4.6%€1.8mwithin the sector's middle half▼ 7.2%
Debt€928,458▲ 5.6%€873,566▼ 5.9%€835,200▼ 4.4%€792,959▼ 5.1%€693,302▼ 12.6%
Working capital€125,672within the sector's middle half▲ 4.9%€125,960within the sector's middle half▲ 0.2%€77,742within the sector's middle half▼ 38.3%€24,866below the sector's middle half▼ 68.0%-€19,263below the sector's middle half
Solvency54.3%within the sector's middle half▼ 0.4pp55.7%within the sector's middle half▲ 1.4pp56.0%within the sector's middle half▲ 0.3pp56.4%within the sector's middle half▲ 0.4pp59.0%within the sector's middle half▲ 2.6pp
Current ratio1.20within the sector's middle half▼ 0.041.20within the sector's middle half=1.12below the sector's middle half▼ 0.081.04below the sector's middle half▼ 0.080.97below the sector's middle half▼ 0.07
Return on assets (ROA)1.6%within the sector's middle half▲ 2.4pp-0.4%below the sector's middle half▼ 2.0pp-2.1%below the sector's middle half▼ 1.7pp-2.3%below the sector's middle half▼ 0.1pp-1.8%below the sector's middle half▲ 0.5pp
Staff (FTE)0.6below the sector's middle half=0.6below the sector's middle half=1within the sector's middle half▲ 66.7%0.6below the sector's middle half▼ 40.0%0.6below the sector's middle half=
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000Operating result 2021: €60,343€60,343Net result 2021: €34,076€34,076Operating result 2022: €14,951€14,951Net result 2022: -€8,421-€8,421Operating result 2023: -€18,114-€18,114Net result 2023: -€43,103-€43,103Operating result 2024: -€17,351-€17,351Net result 2024: -€43,742-€43,742Operating result 2025: -€6,704-€6,704Net result 2025: -€31,370-€31,37020212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€18,114-€18,100Net result 2023: -€43,103-€43,100Operating result 2024: -€17,351-€17,400Net result 2024: -€43,742-€43,700Operating result 2025: -€6,704-€6,700Net result 2025: -€31,370-€31,400202320242025
The operating result stays negative: a loss of €6,704 in 2025 against €17,351 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €1.1m ▼ 5.8%
Current assets €646,412 ▼ 9.5%
Equity and liabilities €1.8m
Equity €1.1m ▼ 2.9%
Provisions €39,507 ▼ 14.3%
Debt €693,302 ▼ 12.6%
Debt's share of the balance-sheet total falls from 41.2% to 38.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€74,580▲
2024 · €63,189
Cash flow
€49,914▲
2024 · €36,798
Quick ratio
0.28▼
2024 · 0.31
Debt to equity
0.66▼
2024 · 0.73
ROE
-3.0%▲
2024 · -4.0%
Interest coverage
1.67▲
2024 · 1.22
Debt ≤ 1 year
€665,675▼
2024 · €689,192
Debt > 1 year
€18,044▼
2024 · €90,380
Income taxes
€540▼
2024 · €662
Staff costs
€52,231▲
2024 · €50,120
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.9m€1.8m▼
Fixed assets21/28€1.2m€1.1m▼
Tangible fixed assets22/27€1.2m€1.1m▼
Land and buildings22€1.2m€1.1m▼
Plant, machinery and equipment23€14,501€8,868▼
Furniture and vehicles24€6,324€3,797▼
Financial fixed assets28€50€50=
Current assets29/58€714,058€646,412▼
Stocks and contracts in progress3€502,682€463,221▼
Stocks30/36€502,682€463,221▼
Amounts receivable within one year40/41€199,211€174,133▼
Trade receivables40€145,973€86,655▼
Other amounts receivable41€53,239€87,478▲
Cash at bank and in hand54/58€2,004€517▼
Deferred charges and accrued income490/1€10,161€8,541▼
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.8m▼
Equity10/15€1.1m€1.1m▼
Contributions10/11€678,250€678,250=
Capital10€678,250€678,250=
Issued capital100€678,250€678,250=
Reserves13€375,156€362,369▼
Non-distributable reserves130/1€58,900€58,900=
Legal reserve130€58,900€58,900=
Tax-exempt reserves132€108,262€95,475▼
Distributable reserves133€207,994€207,994=
Profit (loss) carried forward14€31,737€13,154▼
Provisions and deferred taxes16€46,091€39,507▼
Deferred taxes168€46,091€39,507▼
Amounts payable17/49€792,959€693,302▼
Amounts payable after more than one year17€90,380€18,044▼
Financial debts170/4€90,380€18,044▼
Amounts payable within one year42/48€689,192€665,675▼
Current portion of amounts payable after more than one year42€72,336€72,336=
Financial debts43€469,996€497,806▲
Credit institutions430/8€469,996€497,806▲
Trade debts44€111,653€70,216▼
Suppliers440/4€111,653€70,216▼
Taxes, remuneration and social security45€35,207€24,617▼
Taxes450/3€25,323€14,505▼
Remuneration and social security454/9€9,884€10,113▲
Other amounts payable47/48-€700
Accrued charges and deferred income492/3€13,388€9,583▼
Income statement Code20242025
Non-recurring operating income76A-€13,698
Remuneration, social security and pensions62€50,120€52,231▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80,540€81,284▲
Other operating charges640/8€25,405€26,293▲
Gross operating margin9900€138,715€153,104▲
Operating profit (loss)9901-€17,351-€6,704▲
Financial income75/76B€19,500€13,870▼
Recurring financial income75€19,500€13,870▼
Financial charges65/66B€51,814€44,580▼
Recurring financial charges65€51,814€44,580▼
Profit (loss) for the period before taxes9903-€49,665-€37,415▲
Transfer from deferred taxes780€6,584€6,584=
Income taxes67/77€662€540▼
Profit (loss) for the period9904-€43,742-€31,370▲
Transfer from tax-exempt reserves789€12,787€12,787=
Profit (loss) for the period to be appropriated9905-€30,955-€18,583▲
Appropriation of the result
Profit (loss) to be appropriated9906€31,737€13,154▼
Profit (loss) brought forward from the previous period14P€62,692€31,737▼
Social balance
Average headcount (FTE)90870.60.6=

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€9,196---€13,698-
Remuneration, social security and pensions62€42,833€44,458€49,654€50,120€52,231▲ 4.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80,688€82,521€81,028€80,540€81,284▲ 0.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4,837€2,639---
Other operating charges640/8€23,110€21,730€24,065€25,405€26,293▲ 3.5%
Gross operating margin9900€206,973€168,497€139,273€138,715€153,104▲ 10.4%
Operating profit (loss)9901€60,343€14,951-€18,114-€17,351-€6,704▲ 61.4%
Financial income75/76B€25,126€22,150€22,819€19,500€13,870▼ 28.9%
Recurring financial income75€25,126€22,150€22,819€19,500€13,870▼ 28.9%
Financial charges65/66B€38,056€47,511€53,656€51,814€44,580▼ 14.0%
Recurring financial charges65€38,056€47,511€53,656€51,814€44,580▼ 14.0%
Profit (loss) for the period before taxes9903€47,413-€10,410-€48,951-€49,665-€37,415▲ 24.7%
Transfer from deferred taxes780€6,584€6,584€6,584€6,584€6,584=
Income taxes67/77€19,922€4,596€736€662€540▼ 18.4%
Profit (loss) for the period9904€34,076-€8,421-€43,103-€43,742-€31,370▲ 28.3%
Transfer from tax-exempt reserves789€12,787€12,787€12,787€12,787€12,787=
Profit (loss) for the period to be appropriated9905€46,863€4,366-€30,315-€30,955-€18,583▲ 40.0%
Line20212022202320242025Change
Assets
Total assets20/58€2.2m€2.1m€2.0m€1.9m€1.8m▼ 7.2%
Fixed assets21/28€1.4m€1.4m€1.3m€1.2m€1.1m▼ 5.8%
Tangible fixed assets22/27€1.4m€1.4m€1.3m€1.2m€1.1m▼ 5.8%
Land and buildings22€1.4m€1.3m€1.3m€1.2m€1.1m▼ 5.2%
Plant, machinery and equipment23€19,967€16,936€12,967€14,501€8,868▼ 38.8%
Furniture and vehicles24€3,324€2,525€8,851€6,324€3,797▼ 40.0%
Financial fixed assets28€50€50€50€50€50=
Current assets29/58€744,528€751,703€733,463€714,058€646,412▼ 9.5%
Stocks and contracts in progress3€572,805€586,667€585,375€502,682€463,221▼ 7.9%
Stocks30/36€572,805€586,667€585,375€502,682€463,221▼ 7.9%
Amounts receivable within one year40/41€150,717€151,013€139,342€199,211€174,133▼ 12.6%
Trade receivables40€128,851€104,605€108,323€145,973€86,655▼ 40.6%
Other amounts receivable41€21,866€46,408€31,020€53,239€87,478▲ 64.3%
Cash at bank and in hand54/58€16,795€6,662€3,200€2,004€517▼ 74.2%
Deferred charges and accrued income490/1€4,211€7,361€5,546€10,161€8,541▼ 15.9%
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.1m€2.0m€1.9m€1.8m▼ 7.2%
Equity10/15€1.2m€1.2m€1.1m€1.1m€1.1m▼ 2.9%
Contributions10/11€678,250€678,250€678,250€678,250€678,250=
Capital10€678,250€678,250€678,250€678,250€678,250=
Issued capital100€678,250€678,250€678,250€678,250€678,250=
Reserves13€413,518€400,731€387,943€375,156€362,369▼ 3.4%
Non-distributable reserves130/1€58,900€58,900€58,900€58,900€58,900=
Legal reserve130€58,900€58,900€58,900€58,900€58,900=
Tax-exempt reserves132€146,624€133,836€121,049€108,262€95,475▼ 11.8%
Distributable reserves133€207,994€207,994€207,994€207,994€207,994=
Profit (loss) carried forward14€88,642€93,008€62,692€31,737€13,154▼ 58.6%
Provisions and deferred taxes16€65,845€59,260€52,676€46,091€39,507▼ 14.3%
Deferred taxes168€65,845€59,260€52,676€46,091€39,507▼ 14.3%
Amounts payable17/49€928,458€873,566€835,200€792,959€693,302▼ 12.6%
Amounts payable after more than one year17€307,388€235,052€162,716€90,380€18,044▼ 80.0%
Financial debts170/4€307,388€235,052€162,716€90,380€18,044▼ 80.0%
Amounts payable within one year42/48€618,856€625,743€655,721€689,192€665,675▼ 3.4%
Current portion of amounts payable after more than one year42€72,336€66,308€66,308€72,336€72,336=
Financial debts43€425,827€419,590€498,418€469,996€497,806▲ 5.9%
Credit institutions430/8€425,827€419,590€498,418€469,996€497,806▲ 5.9%
Trade debts44€70,825€93,602€66,865€111,653€70,216▼ 37.1%
Suppliers440/4€70,825€93,602€66,865€111,653€70,216▼ 37.1%
Taxes, remuneration and social security45€49,868€46,244€24,130€35,207€24,617▼ 30.1%
Taxes450/3€41,476€37,522€17,848€25,323€14,505▼ 42.7%
Remuneration and social security454/9€8,392€8,722€6,282€9,884€10,113▲ 2.3%
Other amounts payable47/48----€700-
Accrued charges and deferred income492/3€2,214€12,771€16,763€13,388€9,583▼ 28.4%
Line20212022202320242025Change
Profit (loss) for the period9904€34,076-€8,421-€43,103-€43,742-€31,370▲ 28.3%
+ Depreciation and write-downs630€80,688€82,521€81,028€80,540€81,284▲ 0.9%
Operating cash flow (approximation)€114,763€74,099€37,926€36,798€49,914▲ 35.6%
Investment in fixed assets (approximation)--€5,448-€11,215-€7,377-€11,317▼ 53.4%
Change in cash--€10,134-€3,462-€1,196-€1,487▼ 24.3%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
16-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 47 days late
2024
31-12
Financial Weakest financial yearnet -€43,742
Net result drops to -€43,742, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
27-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 58 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial Back to profitnet €34,076
Net result €34,076 after one loss-making year.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 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, Wevelgem · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
9,874 m²
Building footprint
4,714 m²
Volume, LiDAR
42,032 m³
Parcel 34029B0517/00D002, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ambachtenlaan 13, 8560 Wevelgem
Air transport
since 19922.058.577.748
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34029B0517/00D002 Flanders 9,874 m² 1 · 4,714 m² 10.5 m · 3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Wevelgem2.058.577.748
1 permission
Groothandelaar verpakkingsmateriaal · since 24-10-2012

Similar companies · same sector, comparable size

Of 827 companies in sector 46620 we hold annual accounts for 644. 518 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded13-08-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
46649Wholesale of other machinery and equipment
46900Non-specialised wholesale trade
Contact
E-invoicing
Reachable via Peppol
Peppol ID 0208:0448003705
Also 9925:BE0448003705
Registered 21-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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