Skip to content

OSTAR

Active
Private limited companyfounded 20206 yrs activeKBO/BCE: BE 0751.867.487
Summary

The computed 12-month bankruptcy probability of OSTAR is 22.0% (high). For OSTAR, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1k and a net result of €2k. Equity is shrinking by ~350.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2024. The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+100
Solvency100▲+87
Growth32=
Track record84
Bankruptcy probability, 12 months
22.0% High
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Age of the figures
Age of the figures
33 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-10-2024, 80 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
80 d late
2022
75 d late
2021
81 d late
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struck×2

Financials · fiscal year 2023, micro schema

Turnover
€60k
EBIT margin
15.0%
Net result
€2k
2022 · €-8k
2021: €9khighest in 3 years 2022: €-8k▼ -190% vs 2021lowest in 3 years 2023: €2k▲ +130% vs 2022
2021 → 2023
Working capital
€-1k
Trend over the years
Multi-year overview
Available amounts per fiscal year
Line202120222023Trend
Turnover€60k-
Equity€10k-€-1k€1k 2021: €10khighest in 3 years 2022: €-1k▼ -112% vs 2021lowest in 3 years 2023: €1k▲ +205% vs 2022
Operating result€9k-€-8k€2k 2021: €9khighest in 3 years 2022: €-8k▼ -190% vs 2021lowest in 3 years 2023: €2k▲ +130% vs 2022
Net result€9k-€-8k€2k 2021: €9khighest in 3 years 2022: €-8k▼ -190% vs 2021lowest in 3 years 2023: €2k▲ +130% vs 2022
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10kOperating result 2021: €9k€9kNet result 2021: €9k€9kOperating result 2022: €-8k€-8kNet result 2022: €-8k€-8kOperating result 2023: €2k€2kNet result 2023: €2k€2k202120222023€-10k€-5k€0€5k€10kOperating result 2021: €9k€9kNet result 2021: €9k€9kOperating result 2022: €-8k€-8.1kNet result 2022: €-8k€-8.1kOperating result 2023: €2k€2.4kNet result 2023: €2k€2.4k202120222023
The operating result returns to profit in 2023: €2k after a loss of €8k in 2022.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 23 lines
Balance sheet Code20222023
Assets
Total assets20/58€10k€1k▼
Current assets29/58€10k€1k▼
Amounts receivable within one year40/41€6k€1k▼
Trade receivables40€3k-
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€4k-
Equity and liabilities
Total equity and liabilities10/49€10k€1k▼
Equity10/15€-1k€1k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-2k€246▲
Amounts payable17/49€11k-
Amounts payable within one year42/48€11k-
Trade debts44€2k-
Suppliers440/4€2k-
Taxes, remuneration and social security45€9k-
Remuneration and social security454/9€9k-
Income statement Code20222023
Gross operating margin9900€-8k€2k▲
Operating profit (loss)9901€-8k€2k▲
Profit (loss) for the period before taxes9903€-8k€2k▲
Profit (loss) for the period9904€-8k€2k▲
Profit (loss) for the period to be appropriated9905€-8k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€246▲
Profit (loss) brought forward from the previous period14P€6k€-2k▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line202120222023Change
Turnover70€60k---
Goods, raw materials, services and sundry goods60/61€51k---
Gross operating margin9900€9k€-8k€2k▲ 130%
Operating profit (loss)9901€9k€-8k€2k▲ 130%
Financial charges65/66B€36---
Recurring financial charges65€36---
Profit (loss) for the period before taxes9903€9k€-8k€2k▲ 130%
Profit (loss) for the period9904€9k€-8k€2k▲ 130%
Profit (loss) for the period to be appropriated9905€9k€-8k€2k▲ 130%
Line202120222023Change
Assets
Total assets20/58€10k€10k€1k▼ 87.6%
Current assets29/58€10k€10k€1k▼ 87.6%
Amounts receivable within one year40/41€6k€6k€1k▼ 79.0%
Trade receivables40-€3k--
Other amounts receivable41€6k€3k€1k▼ 54.2%
Cash at bank and in hand54/58€4k€4k--
Equity and liabilities
Total equity and liabilities10/49€10k€10k€1k▼ 87.6%
Equity10/15€10k€-1k€1k▲ 205%
Contributions10/11€1k€1k€1k=
Profit (loss) carried forward14€9k€-2k€246▲ 111%
Amounts payable17/49-€11k--
Amounts payable within one year42/48-€11k--
Trade debts44-€2k--
Suppliers440/4-€2k--
Taxes, remuneration and social security45-€9k--
Remuneration and social security454/9-€9k--
Line202120222023Change
Profit (loss) for the period9904€9k€-8k€2k▲ 130%
Operating cash flow (approximation)€9k€-8k€2k▲ 130%
Change in cash-€0--

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

Sign in to download as CSV

Timeline · acts, filings and financial milestones

2025
18-11
KBO administration Address struck
Excelsiorlaan 10 1930 Die Sitzadresse Excelsiorlaan 10 1930 Zaventem · event 16-09-2025
07-03
KBO administration Address struck
2024
19-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 80 days late
2023
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
14-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 75 days late
2022
31-12
Financial Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
20-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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
Registered office, Zaventem · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
3,085 m²
Volume, LiDAR
20,125 m³
Parcel 23094D0045/00V002, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
117 companies at this address See who is registered here
1 establishment unit
OSTAR
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20202.306.108.979
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0045/00V002 Flanders 1.2 ha 1 · 3,085 m² 12.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded06-08-2020
Fiscal year end31-12
Contact
Website www.ostar.be
E-mail services@ostar.be

Scores and ratios are computed by Checked and are not a credit decision.