OSTWAY
ActiveSummary
The computed 12-month bankruptcy probability of OSTWAY is 4.1% (elevated). The annual accounts of OSTWAY for fiscal year 2025 show a net loss of 65% of the equity at the start of that year. The 2025 annual accounts show equity of €29k and a net result of €-54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 960 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-72
Solvency44▼-26
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.88 against 1.39 in 2024; short-term debt: 81.4% and cash: 14.6% of total assets), and 81.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.6%
Return on assets
-34.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
21 d late
2024
29 d late
2023
30 d early
2022
28 d early
2021
47 d early
2020
11 d late
2019
28 d late
← 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
€29k▼ 64.8%
2024 · €83k
2019: €19k
2020: €5k
2021: €37k
2022: €68k
2023: €78k
2024: €83k
2019 → 2025
Total assets
€157k▼ 15.4%
2024 · €186k
2019: €19k
2020: €11k
2021: €61k
2022: €118k
2023: €186k
2024: €186k
2019 → 2025
Net result
€-54k
2024 · €5k
2020: €-14k
2021: €32k
2022: €31k
2023: €9k
2024: €5k
2020 → 2025
Working capital
€-15k
2024 · €39k
2020: €7k
2021: €20k
2022: €47k
2023: €32k
2024: €39k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€68k▲ 85.0%€78k▲ 13.8%€83k▲ 6.9%€29k▼ 64.8%
Operating result€37k-€32k▼ 14.7%€21k▼ 34.0%€17k▼ 20.9%€-49k
Net result€32k-€31k▼ 1.6%€9k▼ 70.0%€5k▼ 43.1%€-54k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €49k after €17k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157k
Fixed assets
€44k ▼ 9.1%
Current assets
€113k ▼ 17.6%
Equity and liabilities €157k
Equity
€29k ▼ 64.8%
Debt
€128k ▲ 24.4%
Debt's share of the balance-sheet total rises from 55.4% to 81.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-36k▼
2024 · €29k
Cash flow
€-41k▼
2024 · €17k
Current ratio
0.88▼
2024 · 1.39
Debt to equity
4.39▲
2024 · 1.24
ROE
-183.9%▼
2024 · 6.4%
ROA
-34.1%▼
2024 · 2.9%
Interest coverage
-17.96▼
2024 · 14.27
Debt ≤ 1 year
€128k▲
2024 · €99k
Income taxes
€3k▼
2024 · €9k
Staff costs
€659k▲
2024 · €527k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€186k€157k▼
Fixed assets21/28€48k€44k▼
Tangible fixed assets22/27€29k€23k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€1k€6k▲
Leasing and similar rights25€16k€9k▼
Other tangible fixed assets26€10k€7k▼
Financial fixed assets28€20k€21k▲
Current assets29/58€137k€113k▼
Amounts receivable within one year40/41€101k€85k▼
Trade receivables40€92k€82k▼
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€36k€23k▼
Deferred charges and accrued income490/1€95€5k▲
Equity and liabilities
Total equity and liabilities10/49€186k€157k▼
Equity10/15€83k€29k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€64k€11k▼
Amounts payable17/49€103k€128k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€99k€128k▲
Current portion of amounts payable after more than one year42€9k€5k▼
Trade debts44€30k€47k▲
Suppliers440/4€30k€47k▲
Taxes, remuneration and social security45€41k€60k▲
Taxes450/3€13k€21k▲
Remuneration and social security454/9€29k€40k▲
Other amounts payable47/48€18k€15k▼
Income statement
Code20242025
Remuneration, social security and pensions62€527k€659k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€51k€32k▼
Gross operating margin9900€606k€655k▲
Operating profit (loss)9901€17k€-49k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€15k€-51k▼
Income taxes67/77€9k€3k▼
Profit (loss) for the period9904€5k€-54k▼
Profit (loss) for the period to be appropriated9905€5k€-54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€11k▼
Profit (loss) brought forward from the previous period14P€59k€64k▲
The notes to these accounts (7 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Weakest financial yearnet €-54k ▼1105%
Net result drops to €-54k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2020
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.
Emile Bockstaellaan 2431020 BrusselGround area
110 m²
Building footprint
101 m²
Volume, LiDAR
1,347 m³
Parcel 21816C0142/00G010, Brussels · tallest building 20.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
OSTWAY
since 20202.298.374.022
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0142/00G010 | Brussels | 110 m² | 1 · 101 m² | 20.6 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.298.374.022
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ODS ORIENT BELGIUM
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FRP LOGISTICS
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Of 3,190 companies in sector 52250 we hold annual accounts for 1,955. 994 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 (pre-2019)
Founded07-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52250Logistics services
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 entryE-mail:info@ostway.be