OSTARA
The computed 12-month bankruptcy probability of OSTARA is 0.4% (very low). The 2024 annual accounts show equity of €3.93M and a net result of €1.69M. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 62% of 548 sector peers (fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3.93M |
| Net result | €1.69M |
| Staff (FTE) | 0.9 |
| Better than sector | 62% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.1% | 31.0% | |
| Net result | €1.69M | €47k | |
| Equity | €3.93M | €469k | |
| Staff costs | €81k | €494k | |
| Employees (FTE) | 0.9 | 7.5 |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €13.48M |
| EBITDA | €2.10M |
| Net profit | €1.69M |
| Cash flow | €1.78M |
| Staff costs | €81k |
| Income taxes | €581k |
| Dividends | €10.20M |
| Total assets | €9.13M |
| Equity | €3.93M |
| Debt | €5.20M |
| of which ≤ 1y | €5.19M |
| of which > 1y | - |
| Working capital | €2.79M |
| Employees (FTE) | 0.9 |
| 2024 | |
|---|---|
| Current ratio | 1.54 |
| Quick ratio | 1.29 |
| Working capital ratio | 30.6% |
| Solvency | 43.1% |
| Debt / equity | 1.32 |
| Long-term debt ratio | - |
| Interest coverage | 14007.42 |
| Gross margin | 35.8% |
| Net margin | 12.5% |
| ROA | 18.5% |
| ROE | 43.0% |
| EBITDA margin | 15.6% |
| Days sales outstanding | 15d |
| Days payable outstanding | 37d |
| Inventory turnover | 6.74 |
| Days inventory (DSI) | 54d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €9.13M |
| Fixed assets | 21/28 | €1.15M |
| Tangible fixed assets | 22/27 | €649k |
| Financial fixed assets | 28 | €502k |
| Current assets | 29/58 | €7.98M |
| Stocks & contracts in progress | 3 | €1.28M |
| Amounts receivable within one year | 40/41 | €688k |
| Cash & bank | 54/58 | €5.80M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €9.13M |
| Equity | 10/15 | €3.93M |
| Contributions / capital | 10/11 | €147k |
| Reserves | 13 | €15k |
| Accumulated profits (losses) | 14 | €3.77M |
| Amounts payable | 17/49 | €5.20M |
| Amounts payable within one year | 42/48 | €5.19M |
| Trade debts payable within one year | 44 | €869k |
| Income statement | ||
| Turnover | 70 | €13.48M |
| Operating result | 9901 | €2.01M |
| Financial income | 75 | €319k |
| Financial charges | 65 | €62k |
| Result before taxes | 9903 | €2.27M |
| Income taxes | 67/77 | €581k |
| Net result for the period | 9904 | €1.69M |
| Result to be appropriated | 9905 | €1.69M |
-
INARIDO BVLegal entityDirector (executive)· perm. rep.: Batkhurel GantulgaState Gazette act 25101702 (08-08-2025)Current08-08-2025 → present
| NACE primary | Non-specialised wholesale(46392) |
| Legal form | Public limited company(014) |
| Incorporation | 17-01-1994 |
| Status | Active |
| Postal code | 9700 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45507A0345/00D002 | Flanders | 5,184 m² | 1 · 2,873 m² | 15.6 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-08-2025 3 directors appointed
- Vandelanotte Frank, Commissaris
- Remmery Filip, Commissaris
- Batkhurel Gantulga, Directeur
Technical details
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"act_meta": {
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"filing_date": "2025-06-17",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
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"date": "2025-06-17",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
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"co_filed_documents": [],
"corrected_publication_numac": null
}24-01-2025 Capital decrease of €818.80 to €146,362.40
- €147.181,20 → €146.362,40
Technical details
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"name": "nv Thula \u0026 Thula",
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],
"notary": {
"name": "Liesbeth Muller",
"firm_city": null,
"firm_name": null,
"office_city": "Waasmunster",
"is_associated": false
},
"act_meta": {
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"pub_date": "2025-01-24",
"filing_date": "2025-01-16",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-12-16",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0451.791.653",
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},
"co_filed_documents": [
"Een gelijkvormig afschrift van het proces-verbaal van buitengewone algemene vergadering de dato 16/12/2023",
"Geco\u00F6rdineerde statuten"
],
"shareholders_after": [],
"share_classes_after": []
}12-11-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
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},
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"pub_date": "2024-11-12",
"filing_date": "2024-10-30",
"act_kind_objet": "Voorstel parti\u00EBle splitsing"
},
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"detected_kind": "demerger_partial",
"report_waiver": {
"summary": "The remuneration for the report under article 12:62 \u00A71 will be waived as it will be renounced by the shareholders.",
"articles": [
"12:62 \u00A71"
]
},
"restructuring": {
"parties": [
{
"kbo": "0451.791.653",
"name": "OSTARA",
"role": "demerged",
"address": "Kerkplein 5, 9667 Horebeke",
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"jurisdiction_country": "BE"
},
{
"kbo": "0818.188.664",
"name": "THULA \u0026 THULA",
"role": "acquiring",
"address": "Kerkplein 5, 9667 Horebeke",
"is_foreign": false,
"legal_form": "Naamloze Vennootschap",
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"jurisdiction_country": "BE"
}
],
"exchange_ratio": null,
"legal_articles": [
"12:8, 1\u00B0",
"12:59",
"12:71, \u00A72, 1\u00B0",
"12:62 \u00A71"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": "2024-07-31",
"exchange_ratio_text": null,
"new_shares_issued_n": 0,
"real_estate_included": true,
"patrimony_description": "A portion of the assets and liabilities of OSTARA, including real estate, equipment, and equity, will be transferred to THULA \u0026 THULA.",
"equity_transferred_eur": 77650.47,
"accounting_effective_date": "2024-08-01"
},
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"summary_narrative": "De NV Ostara ondergaat een parti\u00EBle splitsing waarbij een deel van haar vermogen, inclusief onroerend goed en activa, wordt overgenomen door de NV Thula \u0026 Thula. Omdat alle aandelen van Ostara al in handen zijn van Thula \u0026 Thula, worden er geen nieuwe aandelen uitgegeven.",
"co_filed_documents": [
"partieel splitsingsvoorstel"
],
"detected_real_type": "demerger_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | OSTARA |