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TOM OSTYN

Active
Private limited companyfounded 2008active for 17 yearsAmersveldestraat 229, 8610 Kortemark, BelgiumKBO/BCE: BE 0808.765.610
Summary

TOM OSTYN has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,450 and a net result of €11,224. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 54% of 5,640 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€86,450▲ 14.9%
2024 · €75,226
Total assets
€196,837▼ 7.7%
2024 · €213,181
Net result
€11,224▼ 42.6%
2024 · €19,545
Working capital
€100,394▲ 19.6%
2024 · €83,947
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 27% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€22,544 2025 Net result€11,224 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€8,247-€15,495▲ 87.9%€7,975▼ 48.5%€7,632▼ 4.3%€20,526▲ 169%€30,873▲ 50.4%€22,544▼ 27.0%
Net result€5,519-€12,062within the sector's middle half▲ 119%€4,022within the sector's middle half▼ 66.7%€2,827within the sector's middle half▼ 29.7%€12,175within the sector's middle half▲ 331%€19,545within the sector's middle half▲ 60.5%€11,224within the sector's middle half▼ 42.6%
Equity€29,695-€41,757within the sector's middle half▲ 40.6%€45,779within the sector's middle half▲ 9.6%€48,606within the sector's middle half▲ 6.2%€60,781within the sector's middle half▲ 25.0%€75,226within the sector's middle half▲ 23.8%€86,450within the sector's middle half▲ 14.9%
Total assets€164,671-€187,117within the sector's middle half▲ 13.6%€227,976within the sector's middle half▲ 21.8%€211,482within the sector's middle half▼ 7.2%€182,550within the sector's middle half▼ 13.7%€213,181within the sector's middle half▲ 16.8%€196,837within the sector's middle half▼ 7.7%
Debt€134,976-€145,360▲ 7.7%€182,197▲ 25.3%€162,876▼ 10.6%€121,769▼ 25.2%€137,955▲ 13.3%€110,386▼ 20.0%
Working capital€78,211-€94,143above the sector's middle half▲ 20.4%€85,998above the sector's middle half▼ 8.7%€102,921above the sector's middle half▲ 19.7%€79,084above the sector's middle half▼ 23.2%€83,947above the sector's middle half▲ 6.1%€100,394above the sector's middle half▲ 19.6%
Solvency18.0%-22.3%within the sector's middle half▲ 4.3pp20.1%within the sector's middle half▼ 2.2pp23.0%within the sector's middle half▲ 2.9pp33.3%within the sector's middle half▲ 10.3pp35.3%within the sector's middle half▲ 2.0pp43.9%within the sector's middle half▲ 8.6pp
Current ratio2.13-3.14above the sector's middle half▲ 1.012.42within the sector's middle half▼ 0.722.98above the sector's middle half▲ 0.562.47within the sector's middle half▼ 0.502.33within the sector's middle half▼ 0.143.37above the sector's middle half▲ 1.04
Return on assets (ROA)3.4%-6.4%within the sector's middle half▲ 3.1pp1.8%within the sector's middle half▼ 4.7pp1.3%within the sector's middle half▼ 0.4pp6.7%within the sector's middle half▲ 5.3pp9.2%within the sector's middle half▲ 2.5pp5.7%within the sector's middle half▼ 3.5pp
Staff (FTE)2.7-3.9above the sector's middle half▲ 44.4%3.9=2▼ 48.7%2.3▲ 15.0%2.2▼ 4.3%2.2=
above within below the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €196,837
Fixed assets €54,092 ▼ 18.4%
Current assets €142,745 ▼ 2.8%
Equity and liabilities €196,837
Equity €86,450 ▲ 14.9%
Debt €110,386 ▼ 20.0%
Debt's share of the balance-sheet total falls from 64.7% to 56.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€47,986▼
2024 · €55,705
Cash flow
€36,666▼
2024 · €44,378
Quick ratio
2.09▲
2024 · 1.51
Debt to equity
1.28▼
2024 · 1.83
ROE
13.0%▼
2024 · 26.0%
Interest coverage
8.24▼
2024 · 10.58
Debt ≤ 1 year
€42,351▼
2024 · €62,948
Debt > 1 year
€64,185▼
2024 · €75,003
Income taxes
€5,505▼
2024 · €6,066
Staff costs
€91,977▲
2024 · €87,329
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,693 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€213,181€196,837▼
Fixed assets21/28€66,286€54,092▼
Tangible fixed assets22/27€66,286€54,092▼
Land and buildings22€2,302€3,790▲
Plant, machinery and equipment23€19,119€22,445▲
Furniture and vehicles24€44,866€27,857▼
Current assets29/58€146,894€142,745▼
Stocks and contracts in progress3€51,970€54,336▲
Stocks30/36€51,970€48,354▼
Contracts in progress37-€5,982
Amounts receivable within one year40/41€36,573€34,581▼
Trade receivables40€31,573€34,581▲
Other amounts receivable41€5,001€0▼
Cash at bank and in hand54/58€55,568€50,779▼
Deferred charges and accrued income490/1€2,782€3,049▲
Equity and liabilities
Total equity and liabilities10/49€213,181€196,837▼
Equity10/15€75,226€86,450▲
Contributions10/11€20,000€20,000=
Reserves13€55,226€66,450▲
Distributable reserves133€55,226€66,450▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€137,955€110,386▼
Amounts payable after more than one year17€75,003€64,185▼
Financial debts170/4€47,181€34,494▼
Other amounts payable178/9€27,822€29,691▲
Amounts payable within one year42/48€62,948€42,351▼
Current portion of amounts payable after more than one year42€21,226€15,474▼
Trade debts44€20,510€12,483▼
Suppliers440/4€20,510€12,483▼
Advances received on contracts in progress46€3,986€0▼
Taxes, remuneration and social security45€12,126€14,309▲
Taxes450/3€5,694€7,003▲
Remuneration and social security454/9€6,432€7,306▲
Other amounts payable47/48€5,100€85▼
Accrued charges and deferred income492/3€4€3,850▲
Income statement Code20242025
Non-recurring operating income76A€8,250€0▼
Remuneration, social security and pensions62€87,329€91,977▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,832€25,442▲
Other operating charges640/8€1,557€3,500▲
Non-recurring operating charges66A€62€3,829▲
Gross operating margin9900€144,652€147,291▲
Operating profit (loss)9901€30,873€22,544▼
Financial income75/76B€4€11▲
Recurring financial income75€4€11▲
Financial charges65/66B€5,266€5,827▲
Recurring financial charges65€5,266€5,827▲
Profit (loss) for the period before taxes9903€25,611€16,729▼
Income taxes67/77€6,066€5,505▼
Profit (loss) for the period9904€19,545€11,224▼
Profit (loss) for the period to be appropriated9905€19,545€11,224▼
Appropriation of the result
Profit (loss) to be appropriated9906€19,545€11,224▼
Transfer to equity691/2€14,445€11,224▼
To other reserves6921€14,445€11,224▼
Profit to be distributed694/7€5,100€0▼
Directors or managers695€5,100€0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A----€579€8,250€0▼ 100%
Remuneration, social security and pensions62--€122,068€72,058€88,388€87,329€91,977▲ 5.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,525€8,824€18,567€16,758€18,028€24,832€25,442▲ 2.5%
Other operating charges640/8--€2,689€1,366€2,078€1,557€3,500▲ 125%
Non-recurring operating charges66A---€2,046€0€62€3,829▲ 62×
Gross operating margin9900€117,824€143,210€151,299€99,860€129,020€144,652€147,291▲ 1.8%
Operating profit (loss)9901€8,247€15,495€7,975€7,632€20,526€30,873€22,544▼ 27.0%
Financial income75/76B---€955€608€4€11▲ 176%
Recurring financial income75€94€780-€955€608€4€11▲ 176%
Financial charges65/66B--€3,365€4,248€3,833€5,266€5,827▲ 10.6%
Recurring financial charges65€729€2,979€3,365€4,248€3,833€5,266€5,827▲ 10.6%
Profit (loss) for the period before taxes9903€7,612€13,296€4,610€4,339€17,301€25,611€16,729▼ 34.7%
Income taxes67/77€2,093€1,234€588€1,512€5,126€6,066€5,505▼ 9.2%
Profit (loss) for the period9904€5,519€12,062€4,022€2,827€12,175€19,545€11,224▼ 42.6%
Profit (loss) for the period to be appropriated9905€5,519€12,062€4,022€2,827€12,175€19,545€11,224▼ 42.6%
Line2019202020212022202320242025Change
Assets
Total assets20/58€164,671€187,117€227,976€211,482€182,550€213,181€196,837▼ 7.7%
Fixed assets21/28€17,224€49,028€81,489€56,544€49,811€66,286€54,092▼ 18.4%
Tangible fixed assets22/27€17,224€49,028€81,489€56,544€49,811€66,286€54,092▼ 18.4%
Land and buildings22--€5,233€3,968€2,910€2,302€3,790▲ 64.6%
Plant, machinery and equipment23--€31,569€23,833€27,155€19,119€22,445▲ 17.4%
Furniture and vehicles24--€44,687€28,743€19,745€44,866€27,857▼ 37.9%
Current assets29/58€147,447€138,089€146,487€154,938€132,739€146,894€142,745▼ 2.8%
Stocks and contracts in progress3€59,821€61,907€55,929€54,450€56,246€51,970€54,336▲ 4.6%
Stocks30/36--€55,929€54,450€56,246€51,970€48,354▼ 7.0%
Contracts in progress37------€5,982-
Amounts receivable within one year40/41€41,324€33,220€41,460€37,414€20,605€36,573€34,581▼ 5.4%
Trade receivables40--€39,508€35,327€18,453€31,573€34,581▲ 9.5%
Other amounts receivable41--€1,952€2,087€2,152€5,001€0▼ 100%
Cash at bank and in hand54/58€21,695€19,009€39,401€60,341€52,746€55,568€50,779▼ 8.6%
Deferred charges and accrued income490/1--€9,697€2,733€3,143€2,782€3,049▲ 9.6%
Equity and liabilities
Total equity and liabilities10/49€164,671€187,117€227,976€211,482€182,550€213,181€196,837▼ 7.7%
Equity10/15€29,695€41,757€45,779€48,606€60,781€75,226€86,450▲ 14.9%
Contributions10/11€20,000-€20,000€20,000€20,000€20,000€20,000=
Reserves13€9,695€21,757€25,779€28,606€40,781€55,226€66,450▲ 20.3%
Distributable reserves133--€25,779€28,606€40,781€55,226€66,450▲ 20.3%
Profit (loss) carried forward14-----€0€0-
Amounts payable17/49€134,976€145,360€182,197€162,876€121,769€137,955€110,386▼ 20.0%
Amounts payable after more than one year17€65,740€100,733€121,708€110,859€68,114€75,003€64,185▼ 14.4%
Financial debts170/4--€61,068€67,693€44,545€47,181€34,494▼ 26.9%
Other amounts payable178/9--€60,640€43,166€23,569€27,822€29,691▲ 6.7%
Amounts payable within one year42/48€69,236€43,947€60,489€52,017€53,656€62,948€42,351▼ 32.7%
Current portion of amounts payable after more than one year42--€18,563€22,741€23,148€21,226€15,474▼ 27.1%
Trade debts44€25,760€20,184€25,213€17,113€15,736€20,510€12,483▼ 39.1%
Suppliers440/4--€25,213€17,113€15,736€20,510€12,483▼ 39.1%
Advances received on contracts in progress46---€2,830€0€3,986€0▼ 100%
Taxes, remuneration and social security45--€16,713€9,333€14,772€12,126€14,309▲ 18.0%
Taxes450/3--€6,642€3,840€7,439€5,694€7,003▲ 23.0%
Remuneration and social security454/9--€10,071€5,493€7,333€6,432€7,306▲ 13.6%
Other amounts payable47/48-----€5,100€85▼ 98.3%
Accrued charges and deferred income492/3-----€4€3,850▲ 1,008×
Line2019202020212022202320242025Change
Profit (loss) for the period9904€5,519€12,062€4,022€2,827€12,175€19,545€11,224▼ 42.6%
+ Depreciation and write-downs630€6,525€8,824€18,567€16,758€18,028€24,832€25,442▲ 2.5%
Operating cash flow (approximation)€12,044€20,886€22,589€19,585€30,203€44,378€36,666▼ 17.4%
Investment in fixed assets (approximation)--€40,628-€51,028€8,187-€11,295-€41,308-€13,247▲ 67.9%
Change in cash--€2,686€20,392€20,940-€7,595€2,823-€4,790-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 02-03-2026 2026-00046726
30-09-2024 micro format 11-02-2025 2025-00034443
30-09-2023 micro format 14-03-2024 2024-00045198
30-09-2022 micro format 15-03-2023 2023-00039751
30-09-2021 micro format 21-04-2022 2022-20010619
30-09-2020 micro format 29-04-2021 2021-13300557
30-09-2019 micro format 11-05-2020 2020-11900049
30-09-2018 micro format 23-05-2019 2019-14200291
30-09-2017 micro format 30-04-2018 2018-11500386
30-09-2016 abbreviated format 26-04-2017 2017-10200444

Show all 16 filings

Similar companies · same sector, comparable size

Of the 21,113 active companies whose main activity is landscape service activities (NACE 81300), figures are known for 4,480. 3,721 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €13,136 awarded · €13,136 paid
Year Entries AwardedPaid
2025 1 €1,760€1,760
2024 2 €3,216€3,216
2023 1 €7,960€7,960
2022 1 €200€200
Schemes
4 entries · €12,840 · €12,840 paid · Agentschap Landbouw en Zeevisserij
1 entry · €296 · €296 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.