Oude Burg
ActiveSummary
Oude Burg has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €2k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 86% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+7
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 5.58 against 6.24 in 2024; short-term debt: 13.7% and cash: 46.9% of total assets), and 13.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.3%
Return on assets
3.7%
Age of the figures
13 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 31-03-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
12 d early
2023
on the day
2022
31 d early
2021
on the day
2020
30 d late
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close24-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k▼ 16.7%
2024 · €43k
2019: €24k
2020: €29k
2021: €46k
2022: €46k
2023: €47k
2024: €43k
2019 → 2025
Total assets
€41k▼ 14.0%
2024 · €48k
2019: €47k
2020: €36k
2021: €70k
2022: €56k
2023: €51k
2024: €48k
2019 → 2025
Net result
€2k
2024 · €-888
2019: €9k
2020: €5k
2021: €17k
2022: €485
2023: €527
2024: €-888
2019 → 2025
Working capital
€26k▼ 5.9%
2024 · €27k
2019: €19k
2020: €28k
2021: €22k
2022: €23k
2023: €27k
2024: €27k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€46k▲ 1.1%€47k▲ 1.1%€43k▼ 8.6%€36k▼ 16.7%
Operating result€23k-€2k▼ 92.5%€2k▲ 2.1%€606▼ 65.0%€4k▲ 515%
Net result€17k-€485▼ 97.1%€527▲ 8.8%€-888€2k
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 2025; 2025 is 515% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€10k ▼ 36.1%
Current assets
€31k ▼ 3.8%
Equity and liabilities €41k
Equity
€36k ▼ 16.7%
Debt
€6k ▲ 7.6%
Debt's share of the balance-sheet total rises from 10.9% to 13.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9k▲
2024 · €6k
Cash flow
€7k▲
2024 · €5k
Current ratio
5.58▼
2024 · 6.24
Debt to equity
0.16▲
2024 · 0.12
ROE
4.3%▲
2024 · -2.1%
ROA
3.7%▲
2024 · -1.9%
Interest coverage
221.43▲
2024 · 136.29
Debt ≤ 1 year
€6k▲
2024 · €5k
Income taxes
€2k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€48k€41k▼
Fixed assets21/28€15k€10k▼
Tangible fixed assets22/27€15k€10k▼
Furniture and vehicles24€15k€10k▼
Current assets29/58€33k€31k▼
Amounts receivable within one year40/41€12k€12k▼
Trade receivables40€6k€12k▲
Other amounts receivable41€6k€43▼
Cash at bank and in hand54/58€20k€19k▼
Equity and liabilities
Total equity and liabilities10/49€48k€41k▼
Equity10/15€43k€36k▼
Contributions10/11€12k€12k=
Reserves13€31k€23k▼
Non-distributable reserves130/1€650€650=
Reserves not available under the articles1311€650€650=
Distributable reserves133€30k€22k▼
Profit (loss) carried forward14€-888€0▲
Amounts payable17/49€5k€6k▲
Amounts payable within one year42/48€5k€6k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€26€1▼
Suppliers440/4€26€1▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€3k€4k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€920€948▲
Non-recurring operating charges66A€0-
Gross operating margin9900€7k€10k▲
Operating profit (loss)9901€606€4k▲
Financial charges65/66B€45€42▼
Recurring financial charges65€45€42▼
Profit (loss) for the period before taxes9903€561€4k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€-888€2k▲
Profit (loss) for the period to be appropriated9905€-888€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-888€627▲
Profit (loss) brought forward from the previous period14P-€-888
Transfer from equity791/2€3k€9k▲
Transfer to equity691/2€0€627▲
To other reserves6921€0€627▲
Profit to be distributed694/7€3k€9k▲
Return on contributions (dividend)694€3k€9k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
Financial
Weakest financial yearnet €-888 ▼268%
Net result drops to €-888, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
Financial
Highest result since 2019net €17k ▲231%
Operating result €23k, net result €17k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
Financial
Liquidity times 5current ratio 10.93
Current ratio from 2.42 to 10.93; short-term debt falls from €14k to €3k.
03-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 3 days late
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
20-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kuurne · 1 establishment unit since 1999
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.
Steenovenstraat 158520 KuurneGround area
938 m²
Building footprint
184 m²
Volume, LiDAR
950 m³
Parcel 34023C0121/00B000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oude Burg
since 19992.092.357.207
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023C0121/00B000 | Flanders | 938 m² | 1 · 184 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 428 EUR awarded · 360 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 428 EUR | 360 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
MARPE
BE 0861.081.371
Brugge · Eq €35,224
MV GC
BE 0797.271.704
Ukkel · Eq €36,188
LIGNAPHARMA
BE 0840.469.861
Mol · Eq €36,300
FOODMORNINGS
BE 0761.769.704
Zaventem · Eq €34,721
TER BRUGGEN
BE 0456.151.012
Londerzeel · Eq €34,533
Of 1,641 companies in sector 46170 we hold annual accounts for 671. 452 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-08-1999
Fiscal year end31-08
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
68121Development of residential building projects
46180Agents specialised in the wholesale of other particular products
47639Retail sale of other sporting goods
52250Logistics services
62900Other information technology and computer services
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.