OZBAY GROEP
Open bankruptcyA bankruptcy procedure is open for OZBAY GROEP according to publications in the Belgian State Gazette; curator: STEVEN NYSTEN. The 2023 annual accounts show equity of €46k and a net result of €23k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-09-2024, 41 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
41 d late
2022
407 d late
2021
66 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€46k▲ 97.3%
2022 · €23k
2021: €14k
2022: €23k
2021 → 2023
Total assets
€156k▼ 51.7%
2022 · €324k
2021: €23k
2022: €324k
2021 → 2023
Net result
€23k▲ 146%
2022 · €9k
2021: €11k
2022: €9k
2021 → 2023
Working capital
€40k▲ 201%
2022 · €13k
2021: €302
2022: €13k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€14k-€23k▲ 65.5%€46k▲ 97.3%
Operating result€17k-€13k▼ 24.8%€34k▲ 169%
Net result€11k-€9k▼ 16.9%€23k▲ 146%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 169% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €156k
Fixed assets
€7k▼ 34.2%
Current assets
€150k▼ 52.3%
Equity and liabilities €156k
Equity
€46k▲ 97.3%
Debt
€110k▼ 63.4%
The debt ratio falls from 92.8% to 70.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▲
2022 · €16k
Cash flow
€26k▲
2022 · €13k
Solvency
29.6%▲
2022 · 7.2%
Current ratio
1.36▲
2022 · 1.04
Quick ratio
1.36▲
2022 · 1.04
Debt / equity
2.38▼
2022 · 12.80
ROE
49.3%▲
2022 · 39.6%
ROA
14.6%▲
2022 · 2.9%
Debt
€110k▼
2022 · €301k
Debt ≤ 1 year
€110k▼
2022 · €301k
Income taxes
€12k▲
2022 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€324k€156k▼
Fixed assets21/28€10k€7k▼
Tangible fixed assets22/27€10k€7k▼
Furniture and vehicles24€10k€7k▼
Current assets29/58€314k€150k▼
Amounts receivable within one year40/41€292k€143k▼
Trade receivables40€292k€143k▼
Cash at bank and in hand54/58€22k€5k▼
Deferred charges and accrued income490/1€600€757▲
Equity and liabilities
Total equity and liabilities10/49€324k€156k▼
Equity10/15€23k€46k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€20k€43k▲
Amounts payable17/49€301k€110k▼
Amounts payable within one year42/48€301k€110k▼
Trade debts44€247k€40k▼
Suppliers440/4€247k€40k▼
Taxes, remuneration and social security45€19k€42k▲
Taxes450/3€19k€42k▲
Other amounts payable47/48€34k€27k▼
Income statement
Code20222023
Non-recurring operating income76A-€13k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€308€2k▲
Gross operating margin9900€17k€40k▲
Operating profit (loss)9901€13k€34k▲
Financial charges65/66B€291-
Recurring financial charges65€291-
Profit (loss) for the period before taxes9903€13k€34k▲
Income taxes67/77€3k€12k▲
Profit (loss) for the period9904€9k€23k▲
Profit (loss) for the period to be appropriated9905€9k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€43k▲
Profit (loss) brought forward from the previous period14P€11k€20k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
22-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · OZBAY GROEP BV EXCELSIOR- LAAN 85/3, 1930 ZAVENTEM · event 16-06-2026
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
10-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 407 days late
2023
31-12
Financial
Highest result since 2021net €23k ▲146%
Operating result €34k, net result €23k, both a record.
2022
31-12
Financial
Weakest financial yearnet €9k ▼16.9%
Net result drops to €9k, the lowest in the series.
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 66 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
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.
Ground area
2,212 m²
Building footprint
522 m²
Volume, LiDAR
5,414 m³
2 parcels, Flanders · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
OZBAY GROEP
since 20202.301.943.523
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00L002 | Flanders | 1,970 m² | 1 · 454 m² | 14.0 m · 3 fl. |
| 23077C0343/00W002 | Flanders | 243 m² | 1 · 68 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN NYSTEN PEGASUSLAAN 5, 1831 DIEGEM- |
16-06-2026 → present |
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 13,021 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43341Painting of buildings
45112
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.