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OSTIJN

Active Private limited companyfounded 2018active for 7 yearsKortrijkseweg 199, 8791 WaregemKBO/BCE: BE 0715.943.241

Lifetime

7 annual accounts with figures on one time axis
peak €156,262 (2019)
€98,492▼ 26.2%
peak €84,421 (2023)
€57,237▼ 27.1%
peak €300,479 (2024)
€298,716▼ 0.6%
€73,308▼ 38.2%
peak 1.1 FTE (2019)
-not published
Board2 names since 2018
1 director
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €133,515 to €98,492Result from €78,495 to €57,237Resignation: (director) 19-06Dividend €59,000Debts from €118,592 to €73,308Cash from €46,681 to €198,217

Key points

from the 2025 annual accounts

Equity

€298,716 ▼ 0.6%
300,4792024+57,237Profit-59,000Dividend298,7162025

OSTIJN paid out €59,000 in dividends. That is 103% of the 2025 profit.

Filings

7 annual accounts 5 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 25 days after the end of the period.

Position in the sector

€298,716

More equity than 90% of companies in specialised construction. Sector median €57,824 · 37,191 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,969 companies had the same profile as OSTIJN has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,969 companies, not a prediction for OSTIJN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
  • 1 sharedeed of 20-12-2018
  • 1 sharedeed of 20-12-2018
  • 49 sharesdeed of 20-12-2018
and 1 other shareholderBoard & ownership

Recent changes

Resignation: (director) General meeting of 28-05-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0715943241
Appointments: (director) and (director) “Het oprichten van woningen en gebouwen in de ruimste zin van het woord; Het oprichten en/of laten oprichten…” (deed in Dutch) · General meeting of 13-11-2023 · Gazette deed
First establishment Kortrijkseweg 199, Waregem
All 17 events

Comparable companies

same main activity, similar in size and age
Company
OSTIJN Waregem €372,024 €98,492 80.3% -
VANDOORNE MICHAEL Langemark-Poelkapelle €343,487 €96,553 88.9% -
LOODGIETERSBEDRIJF VAN TIEGHEM Zedelgem €442,595 €95,463 77.8% -
STRAGIER JURGEN Wervik €417,946 €87,301 47.8% -
VACO TECHNICS Scherpenheuvel-Zichem €367,699 €93,371 16.2% -
Polet Xavier Wortegem-Petegem €384,883 €121,704 46.4% -
A.M.T.A PELLET FIRE Charleroi €403,516 €120,540 55.0% -

These companies have the same main activity as OSTIJN: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €343,000 and €443,000, founded between 2018 and 2019.

Official details

Source: KBO
Status
Active since 18-12-2018Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 2 others
Establishment unit
2.284.822.3308791 Waregem, since 02-01-2019
Financial year end
31 December
Peppol
Reachable since 30-01-2025
Company details

Annual accounts 2025

≈ €380,000estimated
€372,024▼ 11.2%
≈ 0 FTEestimated
Filing
Filed on 24-08-2026
Financials

Insights on OSTIJN

OSTIJN files the micro format. That format states no turnover. The gross margin fell from €156,262 in 2019 to €98,492 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about OSTIJN

What is the company number of OSTIJN?
The company number of OSTIJN is 0715.943.241. The VAT number is the same number with BE in front: BE 0715.943.241.
Where is OSTIJN based?
The registered office is at Kortrijkseweg 199, 8791 Waregem.Company details
What does OSTIJN do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of OSTIJN?
OSTIJN is a private limited company (BV).
When was OSTIJN founded?
OSTIJN was founded on 18-12-2018.
Is OSTIJN still active?
Yes, OSTIJN is an active enterprise in the KBO register.
How many employees does OSTIJN have?
OSTIJN had an average of 0.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of OSTIJN?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €98,492 and 30 comparable companies (NACE 43222). It probably lies between €300,000 and €520,000. In financial year 2021 turnover was €619,013.
Is OSTIJN profitable?
In financial year 2025, OSTIJN made a profit of €57,237.
Where can I find the annual accounts of OSTIJN?
OSTIJN filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OSTIJN due?
OSTIJN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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