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OVRAZ

Inactive
KBO/BCE: BE 0814.788.419

OVRAZ was declared bankrupt on 17-05-2022 (Tribunal de l’entreprise du Hainaut, division Tournai); the bankruptcy was closed for insufficient assets by judgment of 09-12-2025, published in the Belgian State Gazette on 12-05-2026.

Summary

Inactive; last annual accounts for fiscal year 2018.

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OVRAZInactive
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 02-12-2019, 124 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

OVRAZ has filed 9 sets of annual accounts, the latest for fiscal year 2018.1 The company was declared bankrupt on 17 May 2022; the bankruptcy was closed on 9 December 2025.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 30-05-2022
  3. 3Belgian State Gazette, 12-05-2026

Financials · fiscal year 2018, full schema

Turnover
€345,929
EBIT margin
1.5%
Net result
€2,465
Working capital
-€68,164
Balance-sheet composition
Assets €166,909
Fixed assets €102,511
Current assets €64,398
Equity and liabilities €166,909
Equity €34,347
Debt €132,562
Debt finances 79.4% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€47,450
Cash flow
€44,716
Current ratio
0.49
Quick ratio
0.41
ROE
7.2%
ROA
1.5%
Debt ≤ 1 year
€132,562
Income taxes
€1,956
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 27 lines
Balance sheet Code2018
Assets
Total assets20/58€166,909
Formation expenses20€0
Fixed assets21/28€102,511
Intangible fixed assets21€1,750
Tangible fixed assets22/27€97,461
Financial fixed assets28€3,300
Current assets29/58€64,398
Stocks and contracts in progress3€9,590
Amounts receivable within one year40/41€37,263
Cash at bank and in hand54/58€17,545
Equity and liabilities
Total equity and liabilities10/49€166,909
Equity10/15€34,347
Contributions10/11€35,000
Reserves13€3,493
Profit (loss) carried forward14-€4,146
Amounts payable17/49€132,562
Amounts payable within one year42/48€132,562
Trade debts44€79,344
Income statement Code2018
Turnover70€345,929
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,251
Gross operating margin9900€82,063
Operating profit (loss)9901€5,199
Recurring financial charges65€778
Profit (loss) for the period before taxes9903€4,421
Income taxes67/77€1,956
Profit (loss) for the period9904€2,465
Profit (loss) for the period to be appropriated9905€2,465
Line2018
Turnover70€345,929
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,251
Gross operating margin9900€82,063
Operating profit (loss)9901€5,199
Recurring financial charges65€778
Profit (loss) for the period before taxes9903€4,421
Income taxes67/77€1,956
Profit (loss) for the period9904€2,465
Profit (loss) for the period to be appropriated9905€2,465
Line2018
Assets
Total assets20/58€166,909
Formation expenses20€0
Fixed assets21/28€102,511
Intangible fixed assets21€1,750
Tangible fixed assets22/27€97,461
Financial fixed assets28€3,300
Current assets29/58€64,398
Stocks and contracts in progress3€9,590
Amounts receivable within one year40/41€37,263
Cash at bank and in hand54/58€17,545
Equity and liabilities
Total equity and liabilities10/49€166,909
Equity10/15€34,347
Contributions10/11€35,000
Reserves13€3,493
Profit (loss) carried forward14-€4,146
Amounts payable17/49€132,562
Amounts payable within one year42/48€132,562
Trade debts44€79,344
Line2018
Profit (loss) for the period9904€2,465
+ Depreciation and write-downs630€42,251
Operating cash flow (approximation)€44,716

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

2026
12-05
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Tournai · event 09-12-2025
2022
30-05
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Tournai · event 17-05-2022
2019
02-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 124 days late
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 58 days late
04-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 400 days late
06-04
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 614 days late
16-01
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 900 days late
2016
23-12
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 876 days late
2014
14-03
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 226 days late
2012
29-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 29 days late
2011
18-11
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 110 days late
SignalNBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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

Insolvency mandates

1 mandate
Role Name Tenure
Curator OLIVIER MERCIER
RUE DES VILLAS 6, 7700 MOUSCRON- . Date provisoire de cessation de paiement : 17/05/2022
 17-05-2022 → 09-12-2025

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