Ostend Stevedoring Services Company
ActiveSummary
The computed 12-month bankruptcy probability of Ostend Stevedoring Services Company is 2.1% (moderate). The 2025 annual accounts show equity of €1.1m and a net result of €55,607. Its solvency ranks better than 80% of 681 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability57▼-18
Solvency96▲+10
Growth44
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 3.2 against 2.96 in 2024; short-term debt: 29% and cash: 14.2% of total assets), and 29% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 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 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← 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
71%
Return on assets
3.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-04-2026, 98 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
98 d early
2024
94 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 96 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€5.6m▼ 1.8%
2024 · €5.7m
EBIT margin
1.1%▼ 5.0pp
2024 · 6.1%
Net result
€55,607▼ 80.4%
2024 · €283,010
Working capital
€981,250▼ 8.4%
2024 · €1.1m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20242025
Turnover€5.7m-€5.6m▼ 1.8%
Operating result€348,045-€60,511▼ 82.6%
Net result€283,010within the sector's middle half-€55,607within the sector's middle half▼ 80.4%
EBIT margin6.1%-1.1%▼ 5.0pp
Equity€1.0mwithin the sector's middle half-€1.1mwithin the sector's middle half▲ 5.4%
Total assets€1.7mwithin the sector's middle half-€1.5mbelow the sector's middle half▼ 10.0%
Debt€670,727-€445,249▼ 33.6%
Working capital€1.1mwithin the sector's middle half-€981,250within the sector's middle half▼ 8.4%
Solvency60.6%above the sector's middle half-71.0%above the sector's middle half▲ 10.3pp
Current ratio2.96above the sector's middle half-3.20above the sector's middle half▲ 0.25
Return on assets (ROA)16.6%above the sector's middle half-3.6%within the sector's middle half▼ 13.0pp
Staff (FTE)1below the sector's middle half-1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€104,186 ▲ 29.5%
Current assets
€1.4m ▼ 11.9%
Equity and liabilities €1.5m
Equity
€1.1m ▲ 5.4%
Debt
€445,249 ▼ 33.6%
Debt's share of the balance-sheet total falls from 39.4% to 29.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€70,497▼
2024 · €362,443
Cash flow
€65,593▼
2024 · €297,408
Debt to equity
0.41▼
2024 · 0.65
ROE
5.1%▼
2024 · 27.4%
Interest coverage
26.65▼
2024 · 79.62
Debt ≤ 1 year
€445,249▼
2024 · €547,814
Income taxes
€20,171▼
2024 · €95,374
Staff costs
€94,154▼
2024 · €162,397
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.3%
went bankrupt
3.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 2,546 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
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Operating income70/76A | €5.7m | €5.6m | ▼ 1.7% |
| Turnover70 | €5.7m | €5.6m | ▼ 1.8% |
| Other operating income74 | €1,561 | €3,702 | ▲ 137% |
| Operating charges60/66A | €5.4m | €5.6m | ▲ 3.5% |
| Services and other goods61 | €5.1m | €5.4m | ▲ 4.8% |
| Remuneration, social security and pensions62 | €162,397 | €94,154 | ▼ 42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,398 | €9,986 | ▼ 30.6% |
| Other operating charges640/8 | €73,688 | €88,540 | ▲ 20.2% |
| Operating profit (loss)9901 | €348,045 | €60,511 | ▼ 82.6% |
| Financial income75/76B | €34,891 | €17,912 | ▼ 48.7% |
| Recurring financial income75 | €34,891 | €17,912 | ▼ 48.7% |
| Income from current assets751 | €34,838 | €17,889 | ▼ 48.6% |
| Other financial income752/9 | €53 | €23 | ▼ 56.9% |
| Financial charges65/66B | €4,552 | €2,645 | ▼ 41.9% |
| Recurring financial charges65 | €4,552 | €2,645 | ▼ 41.9% |
| Other financial charges652/9 | €4,552 | €2,645 | ▼ 41.9% |
| Profit (loss) for the period before taxes9903 | €378,383 | €75,777 | ▼ 80.0% |
| Income taxes67/77 | €95,374 | €20,171 | ▼ 78.9% |
| Taxes670/3 | €95,374 | €20,171 | ▼ 78.9% |
| Profit (loss) for the period9904 | €283,010 | €55,607 | ▼ 80.4% |
| Profit (loss) for the period to be appropriated9905 | €283,010 | €55,607 | ▼ 80.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.7m | €1.5m | ▼ 10.0% |
| Formation expenses20 | €4,415 | €3,180 | ▼ 28.0% |
| Fixed assets21/28 | €80,455 | €104,186 | ▲ 29.5% |
| Tangible fixed assets22/27 | €32,455 | €34,186 | ▲ 5.3% |
| Land and buildings22 | €459 | €10,461 | ▲ 2,180% |
| Plant, machinery and equipment23 | €22,611 | €17,195 | ▼ 24.0% |
| Furniture and vehicles24 | €9,385 | €6,531 | ▼ 30.4% |
| Financial fixed assets28 | €48,000 | €70,000 | ▲ 45.8% |
| Other financial fixed assets284/8 | €48,000 | €70,000 | ▲ 45.8% |
| Amounts receivable and cash guarantees285/8 | €48,000 | €70,000 | ▲ 45.8% |
| Current assets29/58 | €1.6m | €1.4m | ▼ 11.9% |
| Amounts receivable within one year40/41 | €514,714 | €256,685 | ▼ 50.1% |
| Trade receivables40 | €411,763 | €34,558 | ▼ 91.6% |
| Other amounts receivable41 | €102,952 | €222,127 | ▲ 116% |
| Current investments50/53 | €950,000 | €950,000 | = |
| Other investments51/53 | €950,000 | €950,000 | = |
| Cash at bank and in hand54/58 | €150,817 | €218,287 | ▲ 44.7% |
| Deferred charges and accrued income490/1 | €3,336 | €1,527 | ▼ 54.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.7m | €1.5m | ▼ 10.0% |
| Equity10/15 | €1.0m | €1.1m | ▲ 5.4% |
| Contributions10/11 | €750,000 | €750,000 | = |
| Capital10 | €750,000 | €750,000 | = |
| Issued capital100 | €1.0m | €1.0m | = |
| Uncalled capital101 | €250,000 | €250,000 | = |
| Reserves13 | €14,150 | €16,931 | ▲ 19.6% |
| Non-distributable reserves130/1 | €14,150 | €16,931 | ▲ 19.6% |
| Legal reserve130 | €14,150 | €16,931 | ▲ 19.6% |
| Profit (loss) carried forward14 | €268,859 | €321,686 | ▲ 19.6% |
| Amounts payable17/49 | €670,727 | €445,249 | ▼ 33.6% |
| Amounts payable within one year42/48 | €547,814 | €445,249 | ▼ 18.7% |
| Trade debts44 | €540,033 | €430,404 | ▼ 20.3% |
| Suppliers440/4 | €540,033 | €430,404 | ▼ 20.3% |
| Taxes, remuneration and social security45 | €7,781 | €14,845 | ▲ 90.8% |
| Taxes450/3 | €890 | €1,745 | ▲ 96.0% |
| Remuneration and social security454/9 | €6,891 | €13,101 | ▲ 90.1% |
| Accrued charges and deferred income492/3 | €122,913 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €283,010 | €55,607 | ▼ 80.4% |
| + Depreciation and write-downs630 | €14,398 | €9,986 | ▼ 30.6% |
| Operating cash flow (approximation) | €297,408 | €65,593 | ▼ 77.9% |
| Investment in fixed assets (approximation) | - | -€33,717 | - |
| Change in cash | - | €67,470 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
06-03
State Gazette act
Resignation: Dirk Declerck (managing director)Appointment: Eric Noterman (gecoöpteerd gedelegeerd bestuurder ad interim)4 facts ▸
State Gazette act
Resignation: Dirk Declerck (managing director)
Appointment: Eric Noterman (gecoöpteerd gedelegeerd bestuurder ad interim)4 facts ▸
- General meeting, 20-01-2026
- Board meeting, 20-01-2026
- Director resignation, Dirk Declerck (managing director)
- Director appointment, Eric Noterman (gecoöpteerd gedelegeerd bestuurder ad interim)
2025
18-12
State Gazette act
Registered officeRegistered-office move · Branch unit move3 facts ▸
State Gazette act
Registered office
Registered-office move · Branch unit move3 facts ▸
- Board meeting, 16-09-2025
- Registered-office move, Slijkensesteenweg 3A, 8400 Oostende
- Branch unit move, Slijkensesteenweg 3A, 8400 Oostende
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
15-04
State Gazette act
Resignations: Wouter De Vriendt, Bart Tommelein and 2 othersAppointments: Alain Delanghe, Nathan Blondé and 5 others · Permanent representatives: Carl Devos and Yves Goossens15 facts ▸
State Gazette act
Resignations: Wouter De Vriendt, Bart Tommelein and 2 others
Appointments: Alain Delanghe, Nathan Blondé and 5 others · Permanent representatives: Carl Devos and Yves Goossens15 facts ▸
- General meeting, 17-02-2025
- Director resignation, Wouter De Vriendt (director)
- Director resignation, Bart Tommelein (director)
- Director resignation, Alan Van Laer (director)
- Director resignation, Charlotte Verkeyn (director)
- Director appointment, Alain Delanghe (director)
- Director appointment, Nathan Blondé (director)
- Director appointment, Stefanie Monsaert (director)
- Director appointment, Steven Nagels (director)
- Director appointment, Dirk Declerck (director)
- Director appointment, VOF Devos-Verbiest consulting (director)
- Permanent representative, Carl Devos
- +3 further facts in this act
2023
31-05
State Gazette act
Appointments: Bart Tommelein (chair of the board) and Dirk Declerck (managing director)3 facts ▸
State Gazette act
Appointments: Bart Tommelein (chair of the board) and Dirk Declerck (managing director)
3 facts ▸
- Board meeting, 14-05-2023
- Director appointment, Bart Tommelein (chair of the board)
- Director appointment, Dirk Declerck (managing director)
11-05
State Gazette act
IncorporationAppointments: TOMMELEIN Bart Joris, DECLERCK Dirk Eric Michel and 5 others · Permanent representatives: DEVOS Carl Stefaan Marcel and GOOSSENS Yves Mario Leon · Founding capital12 facts ▸
State Gazette act
Incorporation
Appointments: TOMMELEIN Bart Joris, DECLERCK Dirk Eric Michel and 5 others · Permanent representatives: DEVOS Carl Stefaan Marcel and GOOSSENS Yves Mario Leon · Founding capital12 facts ▸
- Incorporation, 05-05-2023
- Founding capital, €1.000.000
- Director appointment, TOMMELEIN Bart Joris (director)
- Director appointment, DECLERCK Dirk Eric Michel (director)
- Director appointment, DE VRIENDT Wouter Jan August (director)
- Director appointment, DEVOS-VERBIEST CONSULTING (director)
- Permanent representative, DEVOS Carl Stefaan Marcel
- Director appointment, FYGATIS (director)
- Permanent representative, GOOSSENS Yves Mario Leon
- Director appointment, VAN LAER Alan Paul Fernand Marcel (director)
- Director appointment, VERKEYN Charlotte Fabienne (director)
- Power of attorney, CRESCO ADVOCATEN
State Gazette actNBB filing
5 of 5 acts read
Directors · office · real estate
Directors
10 directors, 1 in day-to-day management, no change since 2025
Board 10
DE VRIENDT Wouter Jan August
CurrentDirector · since 05-05-2023
DEVOS-VERBIEST CONSULTING
CurrentDirector · since 05-05-2023 · General partnership · perm. rep.: DEVOS Carl Stefaan Marcel
FYGATIS
CurrentDirector · since 05-05-2023 · Private limited company · perm. rep.: GOOSSENS Yves Mario Leon
VAN LAER Alan Paul Fernand Marcel
CurrentDirector · since 05-05-2023
Alain Delanghe
CurrentDirector · since 17-02-2025
BV Fygatis
CurrentDirector · since 17-02-2025 · Legal entity · perm. rep.: Yves Goossens
NAGELS Steven
CurrentDirector · since 17-02-2025
Nathan Blondé
CurrentDirector · since 17-02-2025
Show all 10 directors
Stéfanie Monsaert
CurrentDirector · since 17-02-2025
VOF Devos-Verbiest consulting
CurrentDirector · since 17-02-2025 · Legal entity · perm. rep.: Carl Devos
Day-to-day management 1
ERIC ARTHUR YVONNE NOTERMAN
CurrentGecoöpteerd gedelegeerd bestuurder ad interim · since 29-09-2025
Permanent representatives 2
Carl Devos
CurrentPermanent representative · since 17-02-2025 · for VOF Devos-Verbiest consulting
Yves Goossens
CurrentPermanent representative · since 17-02-2025 · for BV Fygatis
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oostende · 2 establishment units since 2023
Ground area
9.7 ha
Building footprint
2,999 m²
Volume, LiDAR
25,204 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
OSSCO
since 20232.345.614.804
OSSCO
since 20232.345.614.903
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382D0839/00S000 | Flanders | 9.7 ha | 1 · 2,207 m² | 8.8 m · 3 fl. |
| 35382D0856/00_000 | Flanders | 792 m² | 1 · 792 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
16 people since 2023, 11 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| DE VRIENDT Wouter Jan August |
|
| DEVOS-VERBIEST CONSULTING |
|
| FYGATIS |
|
| VAN LAER Alan Paul Fernand Marcel |
|
| Alain Delanghe |
|
| BV Fygatis |
|
| NAGELS Steven |
|
| Nathan Blondé |
|
| Stéfanie Monsaert |
|
| VOF Devos-Verbiest consulting |
|
| ERIC ARTHUR YVONNE NOTERMAN |
|
| Dirk Declerck |
|
| De heer Alan Van Laer |
|
| De heer Wouter De Vriendt |
|
| Tommelein Bart, Joris |
|
| Verkeyn Charlotte, Fabienne |
|
Articles of association
Purpose
De uitbating van een onderneming voor goederenbehandeling en zeevaartagentschap in de ruimst mogelijke betekenis, omvattend, doch niet beperkt tot de stouwerij-activiteiten in de…
Full purpose
De uitbating van een onderneming voor goederenbehandeling en zeevaartagentschap in de ruimst mogelijke betekenis, omvattend, doch niet beperkt tot de stouwerij-activiteiten in de maritieme transportsector. ... Vervoersondersteunende activiteiten ... Ontwikkeling, beheer en uitbating van softwaresystemen ... Het uitbaten van internationale transporten en expeditiebedrijven ... Het uitoefenen van alle of een deel van de activiteiten van scheepsagenten ... Om wegen, spoorwegen, trams ... op te richten ... Ze mag een roerend patrimonium oprichten ... De vennootschap kan gelijk welk mandaat ... De vennootschap kan ... participaties nemen ... Ze mag alle handels-, industriële en financiële ... transacties uitvoeren ... Ze mag haar onroerende goederen hypothekeren ... Ze kan zich ook – in functie van haar belangen – borg stellen ...
Structure & network
Owners and holdings
1 ownerChain of control
- Stad Oostende
- Haven Oostende
- RENEWABLE ENERGY BASE OSTEND
- Ostend Stevedoring Services Company
Highest known parent: Stad Oostende. The sources do not say who stands above it.
Owners 1
- 75%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of Ostend Stevedoring Services Company and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
15 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
ECONOMISCH HUIS OOSTENDE
via NAGELS Steven · Chair
→
OOSTENDE TRADE
via ERIC ARTHUR YVONNE NOTERMAN · Permanent representative
→
Centrale der Werkgevers aan de Haven van Antwerpen
via ERIC ARTHUR YVONNE NOTERMAN · Permanent representative
former→
Show 11 more companies with a shared director
former→
former→
Mu.ZEE - Kunstmuseum aan Zee,
via Stéfanie Monsaert · Stemgerechtigd lid
former→
OPDRACHTHOUDENDE VERENIGING VOOR CREMATORIUMBEHEER IN HET ARRONDISSEMENT OOSTENDE
via NAGELS Steven and Stéfanie Monsaert · Director
former→
Sociale Inrichting der Werkgevers aan de Haven van Antwerpen
via ERIC ARTHUR YVONNE NOTERMAN · Director
former→
UPGRADE BIO-ENERGY
via ERIC ARTHUR YVONNE NOTERMAN · Director
former→
former→
Algemeen Ziekenhuis Oostende
Shared director
→
BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM
Shared director
→
LBC Antwerpen
Shared director
→
LBC Lillo
Shared director
→
Capital and shareholders
Capital over the years
- 11-05-2023 Incorporation · 1,000,000 EUR · 1,000 shares
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Company details
Identification
Legal formPublic limited company
Founded09-05-2023
Fiscal year end31-12
Abbreviation NL
OSSCO
Trade name NL
Oostendse Stuwadoor Services Compagnie
Activities, NACEBEL 2025
52241Warehousing and support activities for transportation
52250Logistics services
Contact
Website
www.ossco.be
E-mail
info@ossco.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0801603347
Registered
02-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.