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OSTICHAPE

Active
Private limited companyfounded 20223 yrs activeVilvoordsesteenweg 98, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0793.304.008
Summary

The computed 12-month bankruptcy probability of OSTICHAPE is 2.4% (moderate). The 2024 annual accounts show equity of €506,784 and a net result of €234,383. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency96▲+8
Growth52
Track record94
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.99 against 2.35 in 2023; short-term debt: 29.3% and cash: 0.2% of total assets), and 29.3% 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
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 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
70.7%
Return on assets
32.7%
Age of the figures
21 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 19-06-2026, 42 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
42 d early
2024
30 d early
2023
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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 19 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

History

On 4 November 2022, OSTICHAPE was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, abbreviated schema

Equity
€506,784▲ 86.0%
2023 · €272,401
Total assets
€716,769▲ 65.6%
2023 · €432,916
Net result
€234,383▼ 13.0%
2023 · €269,401
Working capital
€417,372▲ 93.2%
2023 · €215,978
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€347,140-€289,336▼ 16.7%
Net result€269,401above the sector's middle half-€234,383above the sector's middle half▼ 13.0%
Equity€272,401within the sector's middle half-€506,784within the sector's middle half▲ 86.0%
Total assets€432,916below the sector's middle half-€716,769within the sector's middle half▲ 65.6%
Debt€160,515-€209,985▲ 30.8%
Working capital€215,978within the sector's middle half-€417,372within the sector's middle half▲ 93.2%
Solvency62.9%above the sector's middle half-70.7%above the sector's middle half▲ 7.8pp
Current ratio2.35within the sector's middle half-2.99within the sector's middle half▲ 0.64
Return on assets (ROA)62.2%above the sector's middle half-32.7%above the sector's middle half▼ 29.5pp
Staff (FTE)1.8below the sector's middle half-3.1within the sector's middle half▲ 72.2%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2023: €347,140€347,140Net result 2023: €269,401€269,401Operating result 2024: €289,336€289,336Net result 2024: €234,383€234,38320232024€0€100,000€200,000€300,000Operating result 2023: €347,140€347,000Net result 2023: €269,401€269,000Operating result 2024: €289,336€289,000Net result 2024: €234,383€234,00020232024
The operating result falls in 2024; 2024 is 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €716,769
Fixed assets €89,412 ▲ 58.5%
Current assets €627,357 ▲ 66.6%
Equity and liabilities €716,769
Equity €506,784 ▲ 86.0%
Debt €209,985 ▲ 30.8%
Debt's share of the balance-sheet total falls from 37.1% to 29.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€319,665▼
2023 · €365,692
Cash flow
€264,712▼
2023 · €287,953
Debt to equity
0.41▼
2023 · 0.59
ROE
46.2%▼
2023 · 98.9%
Interest coverage
133.08▼
2023 · 1038.90
Debt ≤ 1 year
€209,985▲
2023 · €160,515
Income taxes
€75,508▼
2023 · €83,230
Staff costs
€142,388▲
2023 · €87,499
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% 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%.

The companies in ten equal groups, from lowest to 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% 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 39,278 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€432,916€716,769▲
Fixed assets21/28€56,423€89,412▲
Tangible fixed assets22/27€56,423€89,412▲
Plant, machinery and equipment23€8,313€6,739▼
Furniture and vehicles24€48,110€82,673▲
Current assets29/58€376,493€627,357▲
Amounts receivable within one year40/41€357,260€621,469▲
Trade receivables40€100,382€78,473▼
Other amounts receivable41€256,878€542,996▲
Cash at bank and in hand54/58€13,646€1,220▼
Deferred charges and accrued income490/1€5,587€4,668▼
Equity and liabilities
Total equity and liabilities10/49€432,916€716,769▲
Equity10/15€272,401€506,784▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€269,401€503,784▲
Amounts payable17/49€160,515€209,985▲
Amounts payable within one year42/48€160,515€209,985▲
Trade debts44€75,597€33,957▼
Suppliers440/4€75,597€33,957▼
Taxes, remuneration and social security45€84,918€176,028▲
Taxes450/3€84,918€163,055▲
Remuneration and social security454/9-€12,973
Income statement Code20232024
Remuneration, social security and pensions62€87,499€142,388▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,552€30,329▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€500-
Other operating charges640/8€696€18,617▲
Gross operating margin9900€454,387€480,670▲
Operating profit (loss)9901€347,140€289,336▼
Financial income75/76B€5,843€22,957▲
Recurring financial income75€5,843€22,957▲
Financial charges65/66B€352€2,402▲
Recurring financial charges65€352€2,402▲
Profit (loss) for the period before taxes9903€352,631€309,891▼
Income taxes67/77€83,230€75,508▼
Profit (loss) for the period9904€269,401€234,383▼
Profit (loss) for the period to be appropriated9905€269,401€234,383▼
Appropriation of the result
Profit (loss) to be appropriated9906€269,401€503,784▲
Profit (loss) brought forward from the previous period14P-€269,401
Social balance
Average headcount (FTE)90871.83.1▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€87,499€142,388▲ 62.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,552€30,329▲ 63.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€500--
Other operating charges640/8€696€18,617▲ 2,575%
Gross operating margin9900€454,387€480,670▲ 5.8%
Operating profit (loss)9901€347,140€289,336▼ 16.7%
Financial income75/76B€5,843€22,957▲ 293%
Recurring financial income75€5,843€22,957▲ 293%
Financial charges65/66B€352€2,402▲ 582%
Recurring financial charges65€352€2,402▲ 582%
Profit (loss) for the period before taxes9903€352,631€309,891▼ 12.1%
Income taxes67/77€83,230€75,508▼ 9.3%
Profit (loss) for the period9904€269,401€234,383▼ 13.0%
Profit (loss) for the period to be appropriated9905€269,401€234,383▼ 13.0%
Line20232024Change
Assets
Total assets20/58€432,916€716,769▲ 65.6%
Fixed assets21/28€56,423€89,412▲ 58.5%
Tangible fixed assets22/27€56,423€89,412▲ 58.5%
Plant, machinery and equipment23€8,313€6,739▼ 18.9%
Furniture and vehicles24€48,110€82,673▲ 71.8%
Current assets29/58€376,493€627,357▲ 66.6%
Amounts receivable within one year40/41€357,260€621,469▲ 74.0%
Trade receivables40€100,382€78,473▼ 21.8%
Other amounts receivable41€256,878€542,996▲ 111%
Cash at bank and in hand54/58€13,646€1,220▼ 91.1%
Deferred charges and accrued income490/1€5,587€4,668▼ 16.4%
Equity and liabilities
Total equity and liabilities10/49€432,916€716,769▲ 65.6%
Equity10/15€272,401€506,784▲ 86.0%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€269,401€503,784▲ 87.0%
Amounts payable17/49€160,515€209,985▲ 30.8%
Amounts payable within one year42/48€160,515€209,985▲ 30.8%
Trade debts44€75,597€33,957▼ 55.1%
Suppliers440/4€75,597€33,957▼ 55.1%
Taxes, remuneration and social security45€84,918€176,028▲ 107%
Taxes450/3€84,918€163,055▲ 92.0%
Remuneration and social security454/9-€12,973-
Line20232024Change
Profit (loss) for the period9904€269,401€234,383▼ 13.0%
+ Depreciation and write-downs630€18,552€30,329▲ 63.5%
Operating cash flow (approximation)€287,953€264,712▼ 8.1%
Investment in fixed assets (approximation)--€63,318-
Change in cash--€12,426-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €500,000Eq €506,784 ▲86%
2 profitable years in a row build equity to €506,784.
18-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Steenokkerzeel · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
2,558 m²
Building footprint
137 m²
Volume, LiDAR
838 m³
Parcel 23065C0200/00G002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vilvoordsesteenweg 98, 1820 Steenokkerzeel
Civil engineering
since 20222.337.621.014
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23065C0200/00G002 Flanders 2,558 m² 1 · 137 m² 9.6 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.

Similar companies · same sector, comparable size

Of 751 companies in sector 43422 we hold annual accounts for 424. 267 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
43110Demolition
43230Insulation installation
43990Other specialised construction activities
Contact
E-mail info@ostichape.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0793304008
Also 9925:BE0793304008
Registered 18-11-2025

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.