Otary RS
The computed 12-month bankruptcy probability of Otary RS is 0.2% (very low). The 2024 annual accounts show equity of €79.19M and a net result of €62.77M. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 90% of 89 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €79.19M |
| Net result | €62.77M |
| Staff (FTE) | 42.2 |
| Better than sector | 90% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 85.4% | 18.7% | |
| Net result | €62.77M | €-12k | |
| Equity | €79.19M | €373k | |
| Total assets | €92.75M | €5.10M |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €13.39M |
| EBITDA | €-761k |
| Net profit | €62.77M |
| Cash flow | €62.87M |
| Staff costs | €5.01M |
| Income taxes | €208k |
| Dividends | €63.01M |
| Total assets | €92.75M |
| Equity | €79.19M |
| Debt | €13.56M |
| of which ≤ 1y | €3.31M |
| of which > 1y | €10.25M |
| Working capital | €6.09M |
| Employees (FTE) | 42.2 |
| 2024 | |
|---|---|
| Current ratio | 2.84 |
| Quick ratio | 2.84 |
| Working capital ratio | 6.6% |
| Solvency | 85.4% |
| Debt / equity | 0.17 |
| Long-term debt ratio | 0.13 |
| Interest coverage | -1.67 |
| Gross margin | - |
| Net margin | 468.8% |
| ROA | 67.7% |
| ROE | 79.3% |
| EBITDA margin | -5.7% |
| Days sales outstanding | 74d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €92.75M |
| Fixed assets | 21/28 | €83.35M |
| Intangible fixed assets | 21 | €26k |
| Tangible fixed assets | 22/27 | €452k |
| Financial fixed assets | 28 | €82.87M |
| Current assets | 29/58 | €9.40M |
| Amounts receivable within one year | 40/41 | €2.92M |
| Cash & bank | 54/58 | €6.48M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €92.75M |
| Equity | 10/15 | €79.19M |
| Contributions / capital | 10/11 | €72.31M |
| Reserves | 13 | €7.23M |
| Accumulated profits (losses) | 14 | €-355k |
| Amounts payable | 17/49 | €13.56M |
| Amounts payable after one year | 17 | €10.25M |
| Amounts payable within one year | 42/48 | €3.31M |
| Trade debts payable within one year | 44 | €1.64M |
| Income statement | ||
| Turnover | 70 | €13.39M |
| Operating result | 9901 | €-863k |
| Financial income | 75 | €64.30M |
| Financial charges | 65 | €458k |
| Result before taxes | 9903 | €62.98M |
| Income taxes | 67/77 | €208k |
| Net result for the period | 9904 | €62.77M |
| Result to be appropriated | 9905 | €62.77M |
-
Stefanie De DeysterGevoimachtigde (financiële instellingen)State Gazette act 24087253 (10-06-2024)Current10-06-2024 → present
-
WE EnvironnementDirectorState Gazette act 24087250 (10-06-2024)Current10-06-2024 → present
-
Bert DevriendtBestuurder categorie cState Gazette act 24087250 (10-06-2024)Current12-12-2023 → present
2 events
- 10-06-2024 Appointed· Bestuurder categorie c
- 12-12-2023 Appointed· Director
-
Mevr. Anne VereeckePermanent representativeState Gazette act 23103134 (08-08-2023)Current08-08-2023 → present
-
Amaud GrégoireBoard memberState Gazette act 23080888 (22-06-2023)Current22-06-2023 → present
-
Jean-Marie BrébanBoard memberState Gazette act 23080888 (22-06-2023)Current22-06-2023 → present
-
Ludo KelchtermansBoard memberState Gazette act 23080888 (22-06-2023)Current22-06-2023 → present
-
Olivier VanderijstBoard memberState Gazette act 23080888 (22-06-2023)Current22-06-2023 → present
-
Peter GoderisBoard memberState Gazette act 23080888 (22-06-2023)Current22-06-2023 → present
-
Bruno VerbekeCco en lid van het executief comitéState Gazette act 21078658 (01-07-2021)Current01-07-2021 → present
-
Kristof Van LoonBoard memberState Gazette act 23080888 (22-06-2023)Current01-07-2021 → present
2 events
- 22-06-2023 Appointed· Board member
- 01-07-2021 Appointed· Permanente vertegenwoordiger
-
PE BVLegal entityDirectorState Gazette act 21078664 (01-07-2021)Current01-07-2021 → present
-
Wendy GoossensO&m director en lid van het executief comitéState Gazette act 21078658 (01-07-2021)Current01-07-2021 → present
-
Deloitte Bedrijfsrevisoren BVLegal entityAuditorState Gazette act 23080887 (22-06-2023)Current28-12-2020 → present
2 events
- 22-06-2023 Appointed· Auditor
- 28-12-2020 Appointed· Auditor
-
Christophe De WinterCfo en lid van het executief comitéState Gazette act 21078658 (01-07-2021)Current30-01-2020 → present
2 events
- 01-07-2021 Appointed· Cfo en lid van het executief comité
- 30-01-2020 Appointed· Cfo and member of the executive committee
-
Mathias VerkestCeo en lid van het executief comitéState Gazette act 21078658 (01-07-2021)Current30-01-2020 → present
2 events
- 01-07-2021 Appointed· Ceo en lid van het executief comité
- 30-01-2020 Appointed· Co ceo and member of the executive committee
-
Rik Van de WalleBoard memberState Gazette act 23080888 (22-06-2023)Current04-05-2017 → present
2 events
- 22-06-2023 Appointed· Board member
- 04-05-2017 Appointed· Director
-
Koen JanssenBoard memberState Gazette act 23080888 (22-06-2023)Current16-08-2016 → present
3 events
- 22-06-2023 Appointed· Board member
- 04-05-2017 Appointed· Director
- 16-08-2016 Appointed· Director
Historic, not recently confirmed (5)
-
Marianne BasecgDirectorState Gazette act 17063391 (04-05-2017)Not recently confirmedlast confirmed in an act from 2017
-
Nuhma NVLegal entityDirectorState Gazette act 17063391 (04-05-2017)Not recently confirmedlast confirmed in an act from 2017
-
Power@Sea NVLegal entityDirectorState Gazette act 17063391 (04-05-2017)Not recently confirmedlast confirmed in an act from 2017
-
Sparaxis NVLegal entityVoorzitter van de raad van bestuurState Gazette act 17063391 (04-05-2017)Not recently confirmedlast confirmed in an act from 2017
-
Wim BIESEMANSVaste vertegenwoordiger van power@sea in haar mandaat als bestuurderState Gazette act 16041823 (23-03-2016)Not recently confirmedlast confirmed in an act from 2016
Permanent representatives (4)
-
Arnaud GrégoireVaste vertegenwoordigerState Gazette act 22068151 (09-06-2022)Permanent representative09-06-2022 → present
-
Jean-Marie BrebanVaste vertegenwoordigerState Gazette act 20154504 (28-12-2020)Permanent representative28-12-2020 → present
-
Nathalie OosterlinckVaste vertegenwoordigerState Gazette act 20088196 (31-07-2020)Permanent representative31-07-2020 → present
-
Cédric LegrosVaste vertegenwoordigerState Gazette act 22068151 (09-06-2022)Permanent representative- → 09-06-2022
Former directors (11)
-
Frederic VandewaeterGevoimachtigde (financiële instellingen)State Gazette act 24087253 (10-06-2024)Former- → 10-06-2024
-
Martin D'UvaBoard memberState Gazette act 23080888 (22-06-2023)Former09-05-2022 → 10-06-2024
4 events
- 10-06-2024 Resigned· Director
- 12-12-2023 Resigned· Director
- 22-06-2023 Appointed· Board member
- 09-05-2022 Appointed· Director
-
Samanda SALegal entityDirectorState Gazette act 17063391 (04-05-2017)Former04-05-2017 → 08-08-2023
2 events
- 08-08-2023 Resigned· Permanent representative
- 04-05-2017 Appointed· Director
-
Alain BernardDirectorState Gazette act 17063391 (04-05-2017)Former04-05-2017 → 09-05-2022
2 events
- 09-05-2022 Resigned· Director
- 04-05-2017 Appointed· Director
-
Nathalie OosterlinckCo ceo and member of the executive committeeState Gazette act 20017532 (30-01-2020)Former30-01-2020 → 01-07-2021
2 events
- 01-07-2021 Resigned· Lid van de raad van bestuur
- 30-01-2020 Appointed· Co ceo and member of the executive committee
-
Peso-Verde BVLegal entityDirectorState Gazette act 21078664 (01-07-2021)Former- → 01-07-2021
-
Karl AdamsDirectorState Gazette act 15136792 (28-09-2015)Former28-09-2015 → 30-01-2020
2 events
- 30-01-2020 Resigned· Vaste vertegenwoordiger van samanda sa, bestuurder van otary rs nv
- 28-09-2015 Appointed· Director
-
Marc STORDIAUDirectorState Gazette act 17063391 (04-05-2017)Former- → 04-05-2017
2 events
- 04-05-2017 Resigned· Director
- 16-08-2016 Resigned· Director
-
Marc MAESVaste vertegenwoordiger van power@sea in haar mandaat als bestuurderState Gazette act 16041823 (23-03-2016)Former- → 23-03-2016
-
Carine FabryDirectorState Gazette act 15136792 (28-09-2015)Former- → 28-09-2015
2 events
- 28-09-2015 Resigned· Director
- 01-09-2015 Resigned· Vaste vertegenwoordiger bestuurder
-
Cédric LegrosVaste vertegenwoordiger van samanda sa, bestuurder van otary rs nvState Gazette act 20017533 (30-01-2020)Former01-09-2015 → present
2 events
- 30-01-2020 Appointed· Vaste vertegenwoordiger van samanda sa, bestuurder van otary rs nv
- 01-09-2015 Appointed· Vaste vertegenwoordiger bestuurder
| NACE primary | Handel in elektriciteit(35150) |
| Legal form | Public limited company(014) |
| Incorporation | 21-01-2011 |
| Status | Active |
| Postal code | 8400 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382D0823/00X000 | Flanders | 5,095 m² | 1 · 1,637 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-06-2024 2 directors appointed, 1 resigning
- Bert Devriendt, Bestuurder categorie c
- WE Environnement, Bestuurder
- Martin D'Uva, Bestuurder
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- Stefanie De Deyster, Gevoimachtigde (financiële instellingen)
- Frederic Vandewaeter, Gevoimachtigde (financiële instellingen)
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- Bert Devriendt, Bestuurder
- Martin D'Uva, Bestuurder
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}06-10-2023 Articles of association amended
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}08-08-2023 1 director appointed, 1 resigning
- Mevr. Anne Vereecke, Permanent representative
- Samanda SA, Permanent representative
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}22-06-2023 Deloitte Bedrijfsrevisoren BV appointed as auditor
- Deloitte Bedrijfsrevisoren BV, Auditor
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}22-06-2023 9 directors appointed
- Rik Van de Walle, Board member
- Martin D'Uva, Board member
- Peter Goderis, Board member
- Amaud Grégoire, Board member
- Ludo Kelchtermans, Board member
- Kristof Van Loon, Board member
- Koen Janssen, Board member
- Jean-Marie Bréban, Board member
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}09-06-2022 1 director appointed, 1 resigning
- Arnaud Grégoire, Vaste vertegenwoordiger
- Cédric Legros, Vaste vertegenwoordiger
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}09-05-2022 1 director appointed, 1 resigning
- Martin D'Uva, Bestuurder
- Alain Bernard, Bestuurder
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}01-07-2021 5 directors appointed, 1 resigning
- Kristof Van Loon, Permanente vertegenwoordiger
- Mathias Verkest, Ceo en lid van het executief comité
- Christophe De Winter, Cfo en lid van het executief comité
- Bruno Verbeke, Cco en lid van het executief comité
- Wendy Goossens, O&m director en lid van het executief comité
- Nathalie Oosterlinck, Lid van de raad van bestuur
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}01-07-2021 1 director appointed, 1 resigning
- PE BV, Bestuurder
- Peso-Verde BV, Bestuurder
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}28-12-2020 Jean-Marie Breban appointed as vaste vertegenwoordiger
- Jean-Marie Breban, Vaste vertegenwoordiger
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}28-12-2020 Deloitte Bedrijfsrevisoren BV appointed as auditor
- Deloitte Bedrijfsrevisoren BV, Auditor
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}31-07-2020 Nathalie Oosterlinck appointed as vaste vertegenwoordiger
- Nathalie Oosterlinck, Vaste vertegenwoordiger
Technical details
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}30-01-2020 3 directors appointed
- Nathalie Oosterlinck, Co ceo and member of the executive committee
- Mathias Verkest, Co ceo and member of the executive committee
- Christophe De Winter, Cfo and member of the executive committee
Technical details
{
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{
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}30-01-2020 1 director appointed, 1 resigning
- Cédric Legros, Vaste vertegenwoordiger van samanda sa, bestuurder van otary rs nv
- Karl Adams, Vaste vertegenwoordiger van samanda sa, bestuurder van otary rs nv
Technical details
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{
"kind": "director_out",
"role": "vaste vertegenwoordiger van Samanda SA, bestuurder van Otary RS NV",
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},
{
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],
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}31-12-2018 Capital increase of €12,500,000.00 to €78,310,606.48
- €65.810.606,48 → €78.310.606,48
- Inbreng in geld · Apport en numéraire
Technical details
{
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{
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"delta_eur": 12500000.000000007,
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],
"schema": "v3.2",
"act_meta": {
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"subject_company": {
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}05-06-2018 Capital increase of €4,500,000 to €65,810,606.48
- €61.310.606,48 → €65.810.606,48
- Inbreng in geld · Apport en numéraire
Technical details
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],
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"subject_company": {
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}08-01-2018 Articles of association amended
Technical details
{
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},
"legal_form_change": {
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"old": "naamloze vennootschap",
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}27-06-2017 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"summary_narrative": "Bij eenparig besluit van de aandeelhouders op 19 mei 2017 werden de mandaten van alle bestuurders van OTARY RS hernieuwd voor een periode van zes jaar, tot na de jaarvergadering van 2023. Daarnaast werd het mandaat van Deloitte Bedrijfsrevisoren BV VCBA hernieuwd voor drie jaar, tot na de jaarvergadering van 2020. De besluiten werden genomen tijdens de jaarvergadering van 2017.",
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}11-05-2017 Capital increase of €1,000,000 to €53,610,606.48
- €52.610.606,48 → €53.610.606,48
- Inbreng in geld · Apport en numéraire
Technical details
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}04-05-2017 8 directors appointed, 1 resigning
- Rik Van de Walle, Bestuurder
- Alain Bernard, Bestuurder
- Nuhma NV, Bestuurder
- Marianne Basecg, Bestuurder
- Samanda SA, Bestuurder
- Power@Sea NV, Bestuurder
- Sparaxis NV, Voorzitter van de raad van bestuur
- Koen Janssen, Bestuurder
Technical details
{
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},
{
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{
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}21-04-2017 Registered office moved within Oostende
- Slijkensesteenweg 2, 8400 Oostende → Buskruitstraat 3, 8400 Oostende
Technical details
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}14-12-2016 Articles of association amended
Technical details
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}16-08-2016 1 director appointed, 1 resigning
- Koen JANSSEN, Bestuurder
- Marc STORDIAU, Bestuurder
Technical details
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}11-08-2016 Capital increase of €4,680,000 to €32,062,650
- €27.382.650 → €32.062.650
- Inbreng in geld · Apport en numéraire
Technical details
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"subject_company": {
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}
}14-07-2016 Articles of association amended
Technical details
{
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}23-03-2016 1 director appointed, 1 resigning
- Wim BIESEMANS, Vaste vertegenwoordiger van power@sea in haar mandaat als bestuurder
- Marc MAES, Vaste vertegenwoordiger van power@sea in haar mandaat als bestuurder
Technical details
{
"events": [
{
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},
{
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],
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"subject_company": {
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}
}03-02-2016 Capital increase of €6,240,000 to €24,782,650
- €18.542.650 → €24.782.650
- Inbreng in geld · Apport en numéraire
Technical details
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"subject_company": {
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}28-09-2015 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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},
"act_meta": {
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"pub_date": "2015-09-28",
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},
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"restructuring": {
"parties": [
{
"kbo": "0833.507.538",
"name": "OTARY RS NV",
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"address": "Slijkensesteenweg 2, 8400 Oostende",
"is_foreign": false,
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},
{
"kbo": "0480.028.848",
"name": "Samanda",
"role": "other",
"address": "Avenue Maurice Destenay 13, 4000 Li\u00E8ge",
"is_foreign": false,
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],
"exchange_ratio": null,
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"patrimony_description": "Geen overdracht van patrimoine; enkel wijziging van bestuurdersmandaten binnen de bestuurder van OTARY RS NV.",
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},
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"summary_narrative": "Op 3 augustus 2015 heeft de naamloze vennootschap Samanda besloten tot het ontslag van Mevrouw Carine Fabry als vaste vertegenwoordiger van Samanda in haar mandaat als bestuurder in OTARY RS NV, met ingang van 1 september 2015. Daarnaast werd de heer Karl Adams benoemd als nieuwe vaste vertegenwoordiger in dat mandaat.",
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}| Legal nameNL | Otary RS |