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OSTEND SCIENCE PARK

Active
Public limited companyfounded 20187 yrs activeWetenschapspark 1, 8400 Oostende, BelgiumKBO/BCE: BE 0713.874.765
Summary

OSTEND SCIENCE PARK has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.44M and a net result of €-170k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350k at 30 days acceptable
Liquidity ample (current ratio 7.49 against 28.11 in 2024; short-term debt: 0.8% and cash: 4% of total assets), and 1.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
98.9%
Return on assets
-3.1%
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 04-06-2026, 57 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
57 d early
2024
41 d early
2023
57 d late
2022
31 d early
2021
41 d early
2020
24 d early
2019
38 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
24-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€5.44M▼ 3.5%
2024 · €5.63M
2019: €3.98M 2020: €4.73M 2021: €5.85M 2022: €5.73M 2023: €5.66M 2024: €5.63M
2019 → 2025
Total assets
€5.50M▼ 3.1%
2024 · €5.67M
2019: €4.89M 2020: €6.34M 2021: €7.21M 2022: €5.91M 2023: €5.71M 2024: €5.67M
2019 → 2025
Net result
€-170k▼ 567%
2024 · €-25k
2019: €-21k 2020: €-87k 2021: €64k 2022: €-118k 2023: €-99k 2024: €-25k
2019 → 2025
Working capital
€288k▼ 47.4%
2024 · €547k
2019: €4.50M 2020: €3.85M 2021: €2.54M 2022: €1.66M 2023: €798k 2024: €547k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€5.85M-€5.73M▼ 2.0%€5.66M▼ 1.2%€5.63M▼ 0.4%€5.44M▼ 3.5%
Operating result€64k-€-117k€-100k▲ 15.1%€-29k▲ 71.0%€-186k▼ 544%
Net result€64k-€-118k€-99k▲ 16.0%€-25k▲ 74.3%€-170k▼ 567%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100kOperating result 2021: €64k€64kNet result 2021: €64k€64kOperating result 2022: €-117k€-117kNet result 2022: €-118k€-118kOperating result 2023: €-100k€-100kNet result 2023: €-99k€-99kOperating result 2024: €-29k€-29kNet result 2024: €-25k€-25kOperating result 2025: €-186k€-186kNet result 2025: €-170k€-170k20212022202320242025€-200k€-150k€-100k€-50k€0Operating result 2023: €-100k€-100kNet result 2023: €-99k€-99kOperating result 2024: €-29k€-29kNet result 2024: €-25k€-25kOperating result 2025: €-186k€-186kNet result 2025: €-170k€-170k202320242025
The operating result stays negative: a loss of €186k in 2025 against €29k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.50M
Fixed assets €5.16M ▲ 1.2%
Current assets €332k ▼ 41.4%
Equity and liabilities €5.50M
Equity €5.44M ▼ 3.5%
Debt €60k ▲ 68.8%
Debt's share of the balance-sheet total rises from 0.6% to 1.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-73k
2024 · €-19k
Cash flow
€-56k
2024 · €-16k
Current ratio
7.49
2024 · 28.11
Debt to equity
0.01
2024 · 0.01
ROE
-3.1%
2024 · -0.5%
ROA
-3.1%
2024 · -0.4%
Interest coverage
-5.20
2024 · -42.85
Debt ≤ 1 year
€44k
2024 · €20k
Income taxes
€-22
2024 · €22
Staff costs
€0
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.67M€5.50M
Fixed assets21/28€5.10M€5.16M
Intangible fixed assets21€3k€890
Tangible fixed assets22/27€5.08M€5.14M
Land and buildings22€4.50M€4.57M
Plant, machinery and equipment23€1k€0
Furniture and vehicles24€2k€1k
Other tangible fixed assets26€573k€573k=
Financial fixed assets28€24k€24k=
Current assets29/58€568k€332k
Amounts receivable within one year40/41€105k€113k
Trade receivables40€4k€2k
Other amounts receivable41€101k€111k
Current investments50/53€200k€0
Cash at bank and in hand54/58€262k€219k
Deferred charges and accrued income490/1€594€612
Equity and liabilities
Total equity and liabilities10/49€5.67M€5.50M
Equity10/15€5.63M€5.44M
Contributions10/11€5.00M€5.00M=
Capital10€5.00M€5.00M=
Issued capital100€5.00M€5.00M=
Profit (loss) carried forward14€-287k€-457k
Investment grants15€921k€893k
Amounts payable17/49€36k€60k
Amounts payable within one year42/48€20k€44k
Trade debts44€12k€44k
Suppliers440/4€12k€44k
Taxes, remuneration and social security45€9k€680
Taxes450/3€9k€680
Remuneration and social security454/9€0-
Accrued charges and deferred income492/3€16k€16k
Income statement Code20242025
Remuneration, social security and pensions62€7k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€113k
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€7k€6k
Gross operating margin9900€-6k€-67k
Operating profit (loss)9901€-29k€-186k
Financial income75/76B€4k€30k
Recurring financial income75€4k€30k
Financial charges65/66B€451€14k
Recurring financial charges65€451€14k
Profit (loss) for the period before taxes9903€-25k€-170k
Income taxes67/77€22€-22
Profit (loss) for the period9904€-25k€-170k
Profit (loss) for the period to be appropriated9905€-25k€-170k
Appropriation of the result
Profit (loss) to be appropriated9906€-287k€-457k
Profit (loss) brought forward from the previous period14P€-262k€-287k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €-170k
Net result drops to €-170k, the lowest in the series.
20-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Liquidity times 14current ratio 53.87
Current ratio from 3.77 to 53.87; short-term debt falls from €917k to €31k.
20-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €64k
Net result €64k after 2 loss-making years.
31-12
Financial Equity above €5MEq €5.85M ▲23.6%
Equity rises from €4.73M to €5.85M.
07-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Oostende · 1 establishment unit since 2018
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Wetenschapspark 18400 Oostende
Ground area
1.1 ha
Building footprint
63 m²
Volume, LiDAR
330 m³
Parcel 35026D0621/00D000, Flanders · tallest building 5.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OSTEND SCIENCE PARK
Wetenschapspark 1, 8400 OostendeRepair, maintenance and installation of machinery and equipment
since 20182.288.467.550
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35026D0621/00D000 Flanders 1.1 ha 1 · 63 m² 5.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,768 companies in sector 68321 we hold annual accounts for 1,391. 400 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded26-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
68110Buying and selling of own real estate
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

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

Contact details

1 entry
E-mail:eveline.vermeulen@ostendsciencepark.be
Enterprise