OSTARA
ActiveSummary
OSTARA has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €496,528 and a net result of -€9,608. Equity remains stable across the filed fiscal years (±1.4% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-6
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 47.1 against 18.8 in 2024; short-term debt: 1% and cash: 2.4% of total assets), and 1% of the assets are financed with debt.
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Signals
Four 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99%
Return on assets
-1.9%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
13 d early
2023
31 d late
2022
2 d late
2021
34 d early
2020
32 d early
2019
6 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 10 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 18 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€496,528▼ 1.9%
2024 · €506,136
Total assets
€501,327▼ 3.9%
2024 · €521,556
Net result
-€9,608
2024 · €13,698
Working capital
€221,252▼ 3.2%
2024 · €228,526
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
Line20212022202320242025
Operating result€62,650▲ 171%€69,302▲ 10.6%€2,120▼ 96.9%€17,125▲ 708%-€11,110
Net result€48,911▲ 212%€52,963▲ 8.3%-€46€13,698-€9,608
Equity€517,984▲ 10.4%€492,484▼ 4.9%€492,438=€506,136▲ 2.8%€496,528▼ 1.9%
Total assets€710,215▲ 35.1%€562,907▼ 20.7%€500,424▼ 11.1%€521,556▲ 4.2%€501,327▼ 3.9%
Debt€192,231▲ 239%€70,423▼ 63.4%€7,986▼ 88.7%€15,420▲ 93.1%€4,799▼ 68.9%
Working capital€252,943▲ 181%€229,633▼ 9.2%€207,106▼ 9.8%€228,526▲ 10.3%€221,252▼ 3.2%
Staff (FTE)1.5=1.6▲ 6.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11,110 after €17,125 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €501,327
Fixed assets
€275,275 ▼ 1.8%
Current assets
€226,051 ▼ 6.3%
Equity and liabilities €501,327
Equity
€496,528 ▼ 1.9%
Debt
€4,799 ▼ 68.9%
Debt's share of the balance-sheet total falls from 3.0% to 1.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,215▼
2024 · €41,493
Cash flow
€4,717▼
2024 · €38,066
Current ratio
47.10▲
2024 · 18.80
Debt to equity
0.01▼
2024 · 0.03
ROE
-1.9%▼
2024 · 2.7%
ROA
-1.9%▼
2024 · 2.6%
Interest coverage
8.94▼
2024 · 279.77
Debt ≤ 1 year
€4,799▼
2024 · €12,837
Debt > 1 year
€0▼
2024 · €2,583
Income taxes
€0▼
2024 · €5,079
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 8,611 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €78,488 | €63,888 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,513 | €32,231 | €25,324 | €24,368 | €14,325 | ▼ 41.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €289 | - | - | - | - | - |
| Other operating charges640/8 | €2,295 | €2,011 | €2,172 | €2,368 | €4,702 | ▲ 98.6% |
| Gross operating margin9900 | €189,235 | €167,431 | €29,617 | €43,861 | €7,917 | ▼ 82.0% |
| Operating profit (loss)9901 | €62,650 | €69,302 | €2,120 | €17,125 | -€11,110 | ▼ 165% |
| Financial income75/76B | €1,880 | €1,180 | €1,080 | €1,800 | €1,862 | ▲ 3.4% |
| Recurring financial income75 | €1,880 | €1,180 | €1,080 | €1,800 | €1,862 | ▲ 3.4% |
| Financial charges65/66B | €587 | €1,180 | €2 | €148 | €360 | ▲ 143% |
| Recurring financial charges65 | €587 | €1,180 | €2 | €148 | €360 | ▲ 143% |
| Profit (loss) for the period before taxes9903 | €63,942 | €69,301 | €3,199 | €18,777 | -€9,608 | ▼ 151% |
| Income taxes67/77 | €15,031 | €16,338 | €3,244 | €5,079 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €48,911 | €52,963 | -€46 | €13,698 | -€9,608 | ▼ 170% |
| Profit (loss) for the period to be appropriated9905 | €48,911 | €52,963 | -€46 | €13,698 | -€9,608 | ▼ 170% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €710,215 | €562,907 | €500,424 | €521,556 | €501,327 | ▼ 3.9% |
| Fixed assets21/28 | €340,913 | €306,091 | €285,332 | €280,192 | €275,275 | ▼ 1.8% |
| Intangible fixed assets21 | €1,631 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €338,283 | €305,091 | €284,332 | €279,192 | €274,275 | ▼ 1.8% |
| Land and buildings22 | €330,396 | €302,594 | €284,332 | €279,192 | €274,275 | ▼ 1.8% |
| Plant, machinery and equipment23 | €673 | €0 | - | - | - | - |
| Furniture and vehicles24 | €7,214 | €2,497 | €0 | - | - | - |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €369,302 | €256,816 | €215,093 | €241,363 | €226,051 | ▼ 6.3% |
| Amounts receivable after more than one year29 | €15,000 | €30,000 | €36,000 | €60,000 | €60,000 | = |
| Other amounts receivable291 | €15,000 | €30,000 | €36,000 | €60,000 | €60,000 | = |
| Amounts receivable within one year40/41 | €35,202 | €4,507 | €96,042 | €84,924 | €95,983 | ▲ 13.0% |
| Trade receivables40 | €24,805 | €0 | - | - | - | - |
| Other amounts receivable41 | €10,398 | €4,507 | €96,042 | €84,924 | €95,983 | ▲ 13.0% |
| Current investments50/53 | €66,313 | €65,893 | €65,893 | €57,893 | €57,893 | = |
| Cash at bank and in hand54/58 | €252,787 | €156,416 | €17,157 | €38,546 | €12,175 | ▼ 68.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €710,215 | €562,907 | €500,424 | €521,556 | €501,327 | ▼ 3.9% |
| Equity10/15 | €517,984 | €492,484 | €492,438 | €506,136 | €496,528 | ▼ 1.9% |
| Contributions10/11 | €6,200 | €5,261 | €5,261 | €5,261 | €5,261 | = |
| Reserves13 | €511,784 | €487,223 | €487,177 | €500,875 | €500,875 | = |
| Non-distributable reserves130/1 | €28,860 | €24,488 | €24,488 | €24,488 | €24,488 | = |
| Reserves not available under the articles1311 | €28,860 | €24,488 | €24,488 | €24,488 | €24,488 | = |
| Distributable reserves133 | €482,924 | €462,735 | €462,689 | €476,387 | €476,387 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€9,608 | - |
| Amounts payable17/49 | €192,231 | €70,423 | €7,986 | €15,420 | €4,799 | ▼ 68.9% |
| Amounts payable after more than one year17 | - | - | - | €2,583 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €2,583 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €116,359 | €27,183 | €7,986 | €12,837 | €4,799 | ▼ 62.6% |
| Current portion of amounts payable after more than one year42 | €7,078 | €4,988 | - | €7,548 | €2,583 | ▼ 65.8% |
| Financial debts43 | €21,679 | €5,020 | - | €1,597 | €1,137 | ▼ 28.8% |
| Credit institutions430/8 | €21,679 | €5,020 | - | €1,597 | €1,137 | ▼ 28.8% |
| Trade debts44 | €74,325 | €13,199 | €3,165 | €1,082 | €64 | ▼ 94.0% |
| Suppliers440/4 | €74,325 | €13,199 | €3,165 | €1,082 | €64 | ▼ 94.0% |
| Taxes, remuneration and social security45 | €12,336 | €1,908 | €4,582 | €79 | €0 | ▼ 100% |
| Taxes450/3 | €3,119 | €1,908 | €4,582 | €79 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €9,217 | - | - | - | - | - |
| Other amounts payable47/48 | €941 | €2,068 | €239 | €2,532 | €1,015 | ▼ 59.9% |
| Accrued charges and deferred income492/3 | €75,872 | €43,240 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,911 | €52,963 | -€46 | €13,698 | -€9,608 | ▼ 170% |
| + Depreciation and write-downs630 | €45,513 | €32,231 | €25,324 | €24,368 | €14,325 | ▼ 41.2% |
| Operating cash flow (approximation) | €94,424 | €85,194 | €25,278 | €38,066 | €4,717 | ▼ 87.6% |
| Investment in fixed assets (approximation) | - | €2,592 | -€4,565 | -€19,229 | -€9,408 | ▲ 51.1% |
| Change in cash | - | -€96,371 | -€139,259 | €21,389 | -€26,371 | ▼ 223% |
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
Next filing, fiscal year 2026, expected by
2026
04-08
State Gazette act
Resignation: Eugene Bogaerts (director)2 facts ▸
State Gazette act
Resignation: Eugene Bogaerts (director)
2 facts ▸
- General meeting, 15-07-2026
- Director resignation, Eugene Bogaerts (director)
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€9,608
Net result drops to -€9,608, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 47.10
Current ratio from 18.80 to 47.10; short-term debt falls from €12,837 to €4,799.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €13,698
Net result €13,698 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €506,136 ▲2.8%
Equity rises from €492,438 to €506,136.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 26.93
Current ratio from 9.45 to 26.93; short-term debt falls from €27,183 to €7,986.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
31-12
Financial
Highest result since 2018net €52,963 ▲8.3%
Operating result €69,302, net result €52,963, both a record.
31-12
Financial
Liquidity triplescurrent ratio 9.45
Current ratio from 3.17 to 9.45; short-term debt falls from €116,359 to €27,183.
Show earlier events
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500,000Eq €517,984 ▲10.4%
2 profitable years in a row build equity to €517,984.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €15,659
Net result €15,659 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.82
Current ratio from 1.25 to 2.82; short-term debt falls from €120,216 to €49,362.
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
10 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 2000
Ground area
1,170 m²
Building footprint
244 m²
Volume, LiDAR
1,203 m³
Parcel 71025A0073/00K117, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
De Lobbert 6, 3550 Heusden-Zolder
since 20002.101.130.955
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A0073/00K117 | Flanders | 1,170 m² | 1 · 244 m² | 6.6 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.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Eugene Bogaerts |
|
Structure & network
Connections & network
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This company
Company
Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 250 EUR awarded · 250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 250 EUR | 250 EUR |
Identification & contact
Identification
Legal formPrivate limited company
Founded14-11-2000
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473278242
Also
9925:BE0473278242
Registered
25-07-2025
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.