Ostendam
ActiveSummary
Ostendam has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323k and a net result of €34k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+2
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 5.3 against 2.9 in 2024; short-term debt: 18.9% and cash: 33.3% of total assets), and 18.9% of the assets are financed with debt.
Credit advice for your own amount and term
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
81.1%
Return on assets
8.6%
Age of the figures
9 mo
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
13 d early
2023
19 d late
2022
11 d early
2021
4 d early
2020
24 d early
2019
2 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€323k▲ 11.9%
2024 · €289k
2019: €183k
2020: €176k
2021: €202k
2022: €223k
2023: €254k
2024: €289k
2019 → 2025
Total assets
€398k▼ 9.6%
2024 · €441k
2019: €231k
2020: €243k
2021: €298k
2022: €297k
2023: €352k
2024: €441k
2019 → 2025
Net result
€34k▼ 2.6%
2024 · €35k
2019: €17k
2020: €-7k
2021: €26k
2022: €21k
2023: €30k
2024: €35k
2019 → 2025
Working capital
€323k▲ 11.9%
2024 · €289k
2019: €178k
2020: €177k
2021: €205k
2022: €225k
2023: €232k
2024: €289k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€202k-€223k▲ 10.3%€254k▲ 13.7%€289k▲ 13.9%€323k▲ 11.9%
Operating result€35k-€29k▼ 18.5%€50k▲ 75.0%€67k▲ 34.6%€62k▼ 8.5%
Net result€26k-€21k▼ 21.6%€30k▲ 46.8%€35k▲ 15.5%€34k▼ 2.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €398k
Equity
€323k ▲ 11.9%
Debt
€75k ▼ 50.5%
Debt's share of the balance-sheet total falls from 34.5% to 18.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
5.30▲
2024 · 2.90
Debt to equity
0.23▼
2024 · 0.53
ROE
10.6%▼
2024 · 12.2%
ROA
8.6%▲
2024 · 8.0%
Debt ≤ 1 year
€75k▼
2024 · €152k
Income taxes
€18k▼
2024 · €27k
Staff costs
€179k▼
2024 · €408k
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 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€441k€398k▼
Current assets29/58€441k€398k▼
Amounts receivable within one year40/41€270k€203k▼
Trade receivables40€270k€203k▼
Cash at bank and in hand54/58€105k€132k▲
Deferred charges and accrued income490/1€66k€63k▼
Equity and liabilities
Total equity and liabilities10/49€441k€398k▼
Equity10/15€289k€323k▲
Contributions10/11€25k€25k=
Reserves13€73k€73k=
Distributable reserves133€73k€73k=
Profit (loss) carried forward14€191k€226k▲
Amounts payable17/49€152k€75k▼
Amounts payable within one year42/48€152k€75k▼
Trade debts44€45k€20k▼
Suppliers440/4€45k€20k▼
Taxes, remuneration and social security45€107k€55k▼
Taxes450/3€69k€51k▼
Remuneration and social security454/9€38k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€408k€179k▼
Other operating charges640/8€12k€6k▼
Non-recurring operating charges66A€15k-
Gross operating margin9900€504k€247k▼
Operating profit (loss)9901€67k€62k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€6k€9k▲
Recurring financial charges65€6k€9k▲
Profit (loss) for the period before taxes9903€62k€52k▼
Income taxes67/77€27k€18k▼
Profit (loss) for the period9904€35k€34k▼
Profit (loss) for the period to be appropriated9905€35k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€191k€226k▲
Profit (loss) brought forward from the previous period14P€156k€191k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €35k ▲15.5%
Operating result €67k, net result €35k, both a record.
2023
19-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-03
Financial
Equity above €200kEq €202k ▲15%
Equity rises from €176k to €202k.
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €-7k ▼141%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
17-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 2015
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.
Torhoutsesteenweg 6688400 OostendeGround area
1.4 ha
Building footprint
415 m²
Volume, LiDAR
1,780 m³
Parcel 35020A0469/00A000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DSM Oostende BVBA
since 20152.242.148.367
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020A0469/00A000 | Flanders | 1.4 ha | 1 · 415 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 171 EUR awarded · 171 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 171 EUR | 171 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,743 companies in sector 46150 we hold annual accounts for 757. 492 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 formPrivate limited company
Founded01-10-2003
Fiscal year end31-12
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
47551Retail sale of household furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.