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Ostendis Projects

Active
Private limited companyfounded 1991active for 34 yearsRietstraat 48 C, 8430 Middelkerke, BelgiumKBO/BCE: BE 0446.051.134

From the official registers: KBO 34 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Ostendis Projects is 1.7% (moderate). The 2025 annual accounts show negative equity (-€9,875) and a net result of -€84,399. Equity has been shrinking by about 40% per year since 2018. Its solvency ranks better than 18% of 17,119 sector peers (NACE 68, financial year 2025). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 18-12-1991 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 5 others
Establishment unit
2.056.326.556 8430 Middelkerke, since 24-02-1992
Financial year end
31 December
Peppol
Reachable since 17-02-2025

Board and ownership

Board

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
-€43,698
▼ 46.3%
Loss
€84,399
▼ 28.7%
Equity
-€9,875
Total assets
€370,801
▼ 14.1%
Turnover not published (abbreviated or micro format)
Filed on 22-05-2026, 70 days before the deadlinePDF
Score breakdownraises risk1 change of registered office in 24 monthsLoss of €84,399, the second in a row (financial year 2025)Negative equity -€9,875lowers riskSize: total assets €370,801Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 22-20
equity -2.7% of total assets
Liquidity 3-72
short-term debt 102.7% · cash 2.5%
Profitability 0=
return on assets -22.8%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.5 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.7%▼ -0.1 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 1.7%▲ +1.0 percentage point vs 05-2026highest value 07-2026: 1.7%● unchanged vs 06-2026highest value 08-2026: 1.7%● unchanged vs 07-2026highest value 09-2026: 1.7%● unchanged vs 08-2026highest value 10-2026: 1.7%● unchanged vs 09-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.07 (1.33 in 2024), below 1. Short-term debt is 102.7% and cash 2.5% of total assets. Equity is negative.
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 68, micro). It does better than 17% of them on solvency, 6% on liquidity, 4% on profitability and 5% 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).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €370,801
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €84,399, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€9,875
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€9,875
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
70 days early
2024
76 days early
2023
55 days early
2022
31 days early
2021
69 days early
2020
67 days early
2019
59 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 61 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 23 May (4 of the last 5 accounts filed within 30 days either side of that date).
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

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€9,875 View
  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€84,399 View
  • Caution: Lower net result than 95% of companies in real estatesector median €6,036 · 17,109 companies -€84,399 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Comparable companies

These companies have the same main activity as Ostendis Projects: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €345,000 and €454,000, founded between 1990 and 1997.

CompanyTotal assetsGross margin
Ostendis Projects Middelkerke€370,801-€43,698
Gentse Investeringsmaatschappij Onder Vennootschapsvorm Alveringem€376,094-€6,783
ALKJ Projects Diksmuide€454,086-€1,344
Boucherie du Mont Noir Heuvelland€386,778-€3,396
CONSULTIM COMPANY Asse€394,094-€33,151
IMMOBILIERE ALL PAP Namur€407,665-€1,055
IMMO DANIEL Antwerpen€344,595-€400
Full comparison

Documents

Annual accounts at the NBB

All 34 annual accounts

Articles and registers

Key facts about Ostendis Projects

What is the company number of Ostendis Projects?
The company number of Ostendis Projects is 0446.051.134. The VAT number is the same number with BE in front: BE 0446.051.134.
Where is Ostendis Projects based?
The registered office is at Rietstraat 48 C, 8430 Middelkerke.Company details
What does Ostendis Projects do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of Ostendis Projects?
The legal form of Ostendis Projects is Private limited company (BV).
When was Ostendis Projects founded?
Ostendis Projects was founded on 18-12-1991.
Is Ostendis Projects still active?
Yes, Ostendis Projects is an active enterprise in the KBO register.
How many employees does Ostendis Projects have?
Ostendis Projects had an average of 1.6 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of Ostendis Projects?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
Is Ostendis Projects profitable?
In financial year 2025, Ostendis Projects made a loss of €84,399.
Where can I find the annual accounts of Ostendis Projects?
Ostendis Projects filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Ostendis Projects due?
Ostendis Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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