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OST DEVELOPMENT SOLUTIONS

Active
Private limited companyfounded 2021active for 5 yearsElyzeese Veldenstraat 70, 1050 Elsene, BelgiumKBO/BCE: BE 0765.564.085

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

OST DEVELOPMENT SOLUTIONS has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,284 and a net result of €16,938. Equity has been growing by about 74% per year since 2022. Its solvency ranks better than 60% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 23-03-2021 Normal situation
Legal form
Private limited company
Registered office
Elyzeese Veldenstraat 70, 1050 Elsene
Activity
Business and other management consultancy NACE 70200and 4 others
Establishment unit
2.315.697.430 1050 Elsene, since 23-03-2021
Financial year end
31 December
Peppol
Reachable since 27-08-2025

Board and ownership

Board
  • Stuzhinskaya OlgaDirector · since 23-03-2021

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€27,392
▼ 7.6%
Turnover
≈ €79,000
estimated
Profit
€16,938
▲ 6.1%
Equity
€39,284
▲ 75.8%
Total assets
€60,416
▲ 1.0%
2025 accounts filed 36 days before the deadline
Filed on 25-06-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 2.76Founded in 2021lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €60,416Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 73% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency 90+28
equity 65.0% of total assets
Liquidity 69+32
short-term debt 34.5%
Profitability 100=
return on assets 28.0%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,516 companies, NACE 70, micro)
Last 24 months 11-2024: 0.6%highest value 12-2024: 0.4%▼ -0.2 percentage points vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.4 percentage points vs 06-2025lowest value 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 01-2026 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: 0.4%▲ +0.3 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.76 (1.76 in 2024), above the usual 1.5. Short-term debt is 34.5% of total assets. 35% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 60% of them on solvency, 62% on liquidity, 84% on profitability and 86% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Liquidity: current ratio 2.76
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €60,416
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 25-06-2026, 36 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
36 days early
2024
36 days early
2023
34 days early
2022
33 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 35 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
25-06-2026
Format
micro format
Reference
2026-00202235
Turnover
≈ €79,000
Estimated: probably between €46,000 and €110,000
Total assets
€60,416▲ 1.0%
2024 · €59,814
Net result
€16,938▲ 6.1%
2024 · €15,967
Working capital
€36,661▲ 47.1%
2024 · €24,927
Trend over the years

2022 to 2025, 4 financial years

The operating result for 2025 is 4% lower than in 2024. It is the second fall in a row.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€25,805 2025 Net result€16,938 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result-€50,622-€55,827€26,889▼ 51.8%€25,805▼ 4.0%
Net result-€51,852below the sector's middle half-€53,230within the sector's middle half€15,967within the sector's middle half▼ 70.0%€16,938within the sector's middle half▲ 6.1%
Equity-€46,852below the sector's middle half-€6,378below the sector's middle half€22,345below the sector's middle half▲ 250%€39,284within the sector's middle half▲ 75.8%
Total assets€8,990below the sector's middle half-€36,245below the sector's middle half▲ 303%€59,814below the sector's middle half▲ 65.0%€60,416below the sector's middle half▲ 1.0%
Debt€55,842-€29,867▼ 46.5%€37,469▲ 25.5%€21,132▼ 43.6%
Working capital-€22,368below the sector's middle half-€21,272within the sector's middle half€24,927within the sector's middle half▲ 17.2%€36,661within the sector's middle half▲ 47.1%
Solvency-521.1%below the sector's middle half-17.6%below the sector's middle half▲ 538.7pp37.4%within the sector's middle half▲ 19.8pp65.0%within the sector's middle half▲ 27.7pp
Current ratio0.28below the sector's middle half-2.44within the sector's middle half▲ 2.161.76within the sector's middle half▼ 0.682.76within the sector's middle half▲ 1.00
Return on assets (ROA)-576.8%below the sector's middle half-146.9%above the sector's middle half▲ 723.6pp26.7%within the sector's middle half▼ 120.2pp28.0%within the sector's middle half▲ 1.3pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60,416
Fixed assets €2,923 ▲ 34.4%
Current assets €57,493 ▼ 0.3%
Equity and liabilities €60,416
Equity €39,284 ▲ 75.8%
Debt €21,132 ▼ 43.6%
Debt's share of the balance-sheet total falls from 62.6% to 35.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,667▼
2024 · €27,504
Cash flow
€17,799▲
2024 · €16,582
Debt to equity
0.54▼
2024 · 1.68
ROE
43.1%▼
2024 · 71.5%
Interest coverage
32.54▲
2024 · 8.19
Debt ≤ 1 year
€20,832▼
2024 · €32,713
Income taxes
€9,315▲
2024 · €8,239
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 26,972 companies had the same profile as OST DEVELOPMENT SOLUTIONS has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of OST DEVELOPMENT SOLUTIONS itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for OST DEVELOPMENT SOLUTIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines

Source: Annual accounts 2025 at the NBB, filed on 25-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€59,814€60,416▲
Fixed assets21/28€2,175€2,923▲
Tangible fixed assets22/27€2,175€1,273▼
Furniture and vehicles24€2,175€1,273▼
Financial fixed assets28-€1,650
Current assets29/58€57,640€57,493▼
Amounts receivable within one year40/41€50,674€57,394▲
Trade receivables40€26,900€31,600▲
Other amounts receivable41€23,774€25,794▲
Cash at bank and in hand54/58€6,965-
Deferred charges and accrued income490/1-€99
Equity and liabilities
Total equity and liabilities10/49€59,814€60,416▲
Equity10/15€22,345€39,284▲
Contributions10/11€5,000€5,000=
Reserves13€10,000€26,500▲
Distributable reserves133€10,000€26,500▲
Profit (loss) carried forward14€7,345€7,784▲
Amounts payable17/49€37,469€21,132▼
Amounts payable after more than one year17€4,312-
Financial debts170/4€4,312-
Amounts payable within one year42/48€32,713€20,832▼
Current portion of amounts payable after more than one year42€10,238€5,580▼
Financial debts43-€291
Credit institutions430/8-€291
Trade debts44€2,998€3,322▲
Suppliers440/4€2,998€3,322▲
Taxes, remuneration and social security45€19,477€11,639▼
Taxes450/3€18,993€11,639▼
Remuneration and social security454/9€484-
Accrued charges and deferred income492/3€444€300▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€615€861▲
Other operating charges640/8€2,151€726▼
Gross operating margin9900€29,654€27,392▼
Operating profit (loss)9901€26,889€25,805▼
Financial income75/76B€677€1,267▲
Recurring financial income75€677€1,267▲
Financial charges65/66B€3,360€820▼
Recurring financial charges65€3,360€820▼
Profit (loss) for the period before taxes9903€24,206€26,253▲
Income taxes67/77€8,239€9,315▲
Profit (loss) for the period9904€15,967€16,938▲
Profit (loss) for the period to be appropriated9905€15,967€16,938▲
Appropriation of the result
Profit (loss) to be appropriated9906€17,345€24,284▲
Profit (loss) brought forward from the previous period14P€1,378€7,345▲
Transfer to equity691/2€10,000€16,500▲
To other reserves6921€10,000€16,500▲

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€289€165€615€861▲ 40.0%
Other operating charges640/8€201€492€2,151€726▼ 66.3%
Gross operating margin9900-€50,132€56,484€29,654€27,392▼ 7.6%
Operating profit (loss)9901-€50,622€55,827€26,889€25,805▼ 4.0%
Financial income75/76B€21€20€677€1,267▲ 87.2%
Recurring financial income75€21€20€677€1,267▲ 87.2%
Financial charges65/66B€1,251€1,368€3,360€820▼ 75.6%
Recurring financial charges65€1,251€1,368€3,360€820▼ 75.6%
Profit (loss) for the period before taxes9903-€51,852€54,480€24,206€26,253▲ 8.5%
Income taxes67/77-€1,250€8,239€9,315▲ 13.1%
Profit (loss) for the period9904-€51,852€53,230€15,967€16,938▲ 6.1%
Profit (loss) for the period to be appropriated9905-€51,852€53,230€15,967€16,938▲ 6.1%
Line2022202320242025Change
Assets
Total assets20/58€8,990€36,245€59,814€60,416▲ 1.0%
Fixed assets21/28€370€205€2,175€2,923▲ 34.4%
Tangible fixed assets22/27€370€205€2,175€1,273▼ 41.5%
Furniture and vehicles24€370€205€2,175€1,273▼ 41.5%
Financial fixed assets28---€1,650-
Current assets29/58€8,620€36,040€57,640€57,493▼ 0.3%
Amounts receivable within one year40/41€3,930€36,040€50,674€57,394▲ 13.3%
Trade receivables40€3,300€34,750€26,900€31,600▲ 17.5%
Other amounts receivable41€630€1,290€23,774€25,794▲ 8.5%
Cash at bank and in hand54/58€4,690-€6,965--
Deferred charges and accrued income490/1---€99-
Equity and liabilities
Total equity and liabilities10/49€8,990€36,245€59,814€60,416▲ 1.0%
Equity10/15-€46,852€6,378€22,345€39,284▲ 75.8%
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13--€10,000€26,500▲ 165%
Distributable reserves133--€10,000€26,500▲ 165%
Profit (loss) carried forward14-€51,852€1,378€7,345€7,784▲ 6.0%
Amounts payable17/49€55,842€29,867€37,469€21,132▼ 43.6%
Amounts payable after more than one year17€24,635€14,549€4,312--
Financial debts170/4€24,635€14,549€4,312--
Amounts payable within one year42/48€30,989€14,768€32,713€20,832▼ 36.3%
Current portion of amounts payable after more than one year42€9,935€10,086€10,238€5,580▼ 45.5%
Financial debts43-€466-€291-
Credit institutions430/8-€466-€291-
Trade debts44€5,189€1,502€2,998€3,322▲ 10.8%
Suppliers440/4€5,189€1,502€2,998€3,322▲ 10.8%
Taxes, remuneration and social security45€8,434€2,715€19,477€11,639▼ 40.2%
Taxes450/3-€1,250€18,993€11,639▼ 38.7%
Remuneration and social security454/9€8,434€1,466€484--
Other amounts payable47/48€7,430----
Accrued charges and deferred income492/3€219€549€444€300▼ 32.5%
Line2022202320242025Change
Profit (loss) for the period9904-€51,852€53,230€15,967€16,938▲ 6.1%
+ Depreciation and write-downs630€289€165€615€861▲ 40.0%
Operating cash flow (approximation)-€51,563€53,395€16,582€17,799▲ 7.3%
Investment in fixed assets (approximation)-€0-€2,584-€1,609▲ 37.7%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 micro format 25-06-2026 2026-00202235 NBB
31-12-2024 micro format 25-06-2025 2025-00188460 PDF
31-12-2023 micro format 27-06-2024 2024-00189371 PDF
31-12-2022 micro format 28-06-2023 2023-00193655 PDF

Comparable companies

These companies have the same main activity as OST DEVELOPMENT SOLUTIONS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €54,100 and €68,800, founded between 2020 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
OST DEVELOPMENT SOLUTIONS Elsene2021€60,416€39,284€27,392€16,9382025
TANGUYGO Elsene2021€68,802€51,588€33,053€25,4062025
FEED YOUR BRAIN Sint-Pieters-Woluwe2021€59,030€10,000€28,554€12,2592025
Mertens Consultancy Services Vorst2021€61,961€45,945€27,590€18,1052025
FSCORP Sint-Lambrechts-Woluwe2021€67,526€2,000€26,402€19,4662025
Ennoia Jette2020€54,117€49,576€29,936€22,3152025
Heta Management Sint-Pieters-Woluwe2021€58,826€14,831€27,623€16,6232025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director
Stuzhinskaya Olga
Director · since 23-03-2021 · listed in the 2025 annual accounts, filed on 25-06-2026
Current

Mandate history

1 person, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Stuzhinskaya Olga
  • Director, from 23-03-2021 to date
See the board, name and registered office on a given date →

Owners and capital

Group and network

Connections & network

1 current director
Depth

The network starts from the directors of OST DEVELOPMENT SOLUTIONS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 23 March 2021, OST DEVELOPMENT SOLUTIONS was incorporated as a private limited company.1 Total assets went from €8,990 in 2022 to €60,416 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
25-06
NBB filing Annual accounts filedNBB
financial year 2025 · micro format
2025
25-06
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
2024
27-06
NBB filing Annual accounts filedPDF
financial year 2023 · micro format
2023
31-12
Financial Back to profitnet €53,230
The net result is €53,230, after one loss-making year.
31-12
Financial Liquidity more than 8 timescurrent ratio 2.44
The current ratio rises from 0.28 to 2.44. Short-term debt falls from €30,989 to €14,768.
28-06
NBB filing Annual accounts filedPDF
financial year 2022 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Identity

KBO record
Name OST DEVELOPMENT SOLUTIONS in French
Abbreviation OST DevSol in French
Enterprise number 0765.564.085
Legal form Private limited company
Status Active, normale toestand
Founded 23-03-2021
Entity type Legal entity

Registered office and establishments

Registered office Elyzeese Veldenstraat 70, 1050 Elsene, Belgium
Establishments 1 establishment unit since 2021
E-mail olga.stuzhinskaya@gmail.com
Phone 0032479357677

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
47690 Retail sale of other cultural and recreation goods
74999 Other professional, scientific and technical activities
82300 Organisation of conventions and trade shows
82990 Other business support services

Invoicing and payment

VAT number BE 0765.564.085
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0765564085
Other Peppol ID 9925:BE0765564085
Registered 27-08-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

The scores and ratios are Checked's own calculations, not a credit decision.

Sites & property

Location
registered office establishment The establishment unit on the map
3 companies at this address See who is registered here
1 establishment unit
OST DEVELOPMENT SOLUTIONS
Elyzeese Veldenstraat 70, 1050 ElseneBusiness and other management consultancy
since 2021unit number 2.315.697.430

Buildings and parcels at the address

Ground area
165 m²
Building footprint
131 m²
Building volume
1,768 m³
Parcel 21442A0289/00M000, Brussels · tallest building 19.8 m.
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21442A0289/00M000 Brussels 165 m² 1 · 131 m² 19.8 m · 5