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Generated 29-07-2026
Active BE 0719.960.328Private limited company (pre-2019)Open bankruptcy

OTC Bar

Koninginnelaan 83 ·8400 Oostende, Belgium· 7 yrs active
Conclusion Checked

A bankruptcy procedure is open for OTC Bar according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €146k and a net result of €87.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €146k
Net result €87
Staff (FTE) 1
Active 7 yrs
Snowflake analysis 5 axes · computed by Checked
Health26Profitability0Solvency89Growth78Stability0
39 / 100

Fragile profile, watch profitability in particular.

Health 26
Profitability 0
Solvency 89
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
26 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 06-10-2023 with the NBB · fiscal year 2022 · micro
€-50k€0€50k€100k€150kOperating result 2019: €-18k€-18kNet result 2019: €-18k€-18kOperating result 2020: €32k€32kNet result 2020: €12k€12kOperating result 2021: €147k€147kNet result 2021: €120k€120kOperating result 2022: €3k€3kNet result 2022: €87€872019202020212022
Operating resultNet result
EBITDA
€23k
-86.2% 19-22
Net profit
€87
-99.9% 19-22
Cash flow
€19k
-85.9% 19-22
Total assets
€231k
-32.7% 19-22
Equity
€146k
+0.1% 19-22
Working capital
€45k
+76.1% 19-22
Employees (FTE)
1
0.0% 19-22
Staff costs
€68k
+54.2% 19-22
Income taxes
€346
-98.5% 19-22
Dividends
€132k
- 19-22
Debt
€85k
-56.9% 19-22
Debt ≤ 1y
€85k
-56.9% 19-22
Current ratio
1.53
+35.3% 19-22
Quick ratio
1.53
+36.3% 19-22
Solvency
63.2%
+48.7% 19-22
Debt / equity
0.58
-57.0% 19-22
ROE
0.1%
-99.9% 19-22
ROA
0.0%
-99.9% 19-22
Interest coverage
7.60
-85.6% 19-22
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA€23k
Net profit€87
Cash flow€19k
Staff costs€68k
Income taxes€346
Dividends-
Total assets€231k
Equity€146k
Debt€85k
of which ≤ 1y€85k
of which > 1y-
Working capital€45k
Employees (FTE)1.0
Ratios (computed)
2022
Current ratio1.53
Quick ratio1.53
Working capital ratio19.4%
Solvency63.2%
Debt / equity0.58
Long-term debt ratio-
Interest coverage7.60
Gross margin-
Net margin-
ROA0.0%
ROE0.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€231k
Fixed assets 21/28€101k
Tangible fixed assets 22/27€101k
Current assets 29/58€130k
Amounts receivable within one year 40/41€9k
Cash & bank 54/58€121k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€231k
Equity 10/15€146k
Contributions / capital 10/11€146k
Reserves 13€216
Amounts payable 17/49€85k
Amounts payable within one year 42/48€85k
Trade debts payable within one year 44€49k
Income statement
Gross operating margin 9900€91k
Operating result 9901€3k
Financial income 75€24
Financial charges 65€3k
Result before taxes 9903€434
Income taxes 67/77€346
Net result for the period 9904€87
Result to be appropriated 9905€87
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator ANN SOPHIE DE BUCK
ELISABETHLAAN 25, 8400 OOSTENDE
 02-10-2024 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation07-02-2019
StatusActive
Postal code8400
First BS signal 22-01-2025
Latest BS signal 22-01-2025
Company structure, linked entities1 linked entities
OTC BarBE 0719.960.328ANN SOPHIE DE BUCKReceiver
Mandates
Establishment units 1 location
OTC Bar
Koninginnelaan 83, 8400 OostendeNiet-gespecialiseerde groothandel in diepgevroren voedingsmiddelen
since 20192.285.206.964
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35383C0319/00F000 Flanders 404 m² 1 · 396 m² 12.4 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
22-01-2025
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Oostende · OTC BAR BV KONINGINNE- LAAN 83, 8400 OOSTENDE · event 02-10-2024
2023
06-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
11-01-2023
State Gazette act Director changes
2022
28-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
25-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
28-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
Lifecycle & Insolvency Signals 1 events
22-01-2025
Bankruptcy Opening
Date: 02-10-2024 · Ondernemingsrechtbank Gent, afdeling Oostende · OTC BAR BV KONINGINNE- LAAN 83, 8400 OOSTENDE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-01-22 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
11-01-2023 Discharge granted to the board Director changes
Technical details 
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    {
      "kind": "decharge_granted",
      "role": "vereffenaar",
      "person": {
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        "name": "Jan FERLIN",
        "address": "8400 Oostende, L. Spilliaertstraat 63",
        "birth_date": null,
        "profession": "advocaat",
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      },
      "reason": null,
      "subkind": null,
      "via_org": null,
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      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
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    },
    {
      "kind": "decharge_granted",
      "role": "vereffenaar",
      "person": {
        "rrn": null,
        "name": "Gregory BELPAME",
        "address": "8400 Oostende, L. Spilliaertstraat 63",
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      },
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      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-01-03",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2022-12-20",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0719.960.328",
    "name_full": "OTC BAR BV",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL OTC Bar
Registered office
Koninginnelaan 83
8400 Oostende, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative