Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
OSTEND PARK from Oostende, company number BE0430454722, closed financial year 2023 with a result of € -72,379 after tax. For that financial year OSTEND PARK recorded a gross margin of € 205,932 and equity of € 324,696. Compared with financial year 2022, the result moved from € 53,214 to € -72,379. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2024.
€ 324,696
▼ 18% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -72,379
▼ still € 53,214 profit in 2022
Profit after tax over the fiscal year.
€ 22,480
▼ 41% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 306,104.
People and assets in 2023
5.8
▼ 2.3 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 253,846
▼ 31% vs 2022
€ 43,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,439
▼ 25% vs 2022
Of which on lease € 24,994.
Debts at end 2023
€ 26,896
▼ 17% vs 2022
€ 5,600 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 242,155
▼ 10% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 64,828
▼ 39% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 404,847 | € 466,024 | € 205,932 | ▼ 56% |
| Profit after taxes | € 151,765 | € 53,214 | € -72,379 | ▼ € 125,593 |
| Equity | € 343,861 | € 397,075 | € 324,696 | ▼ 18% |
| Total debts | € 347,727 | € 519,915 | € 440,986 | ▼ 15% |
| Cash | € 110,713 | € 38,135 | € 22,480 | ▼ 41% |
| Land & buildings | € 3,260 | € 2,608 | € 1,956 | ▼ 25% |
| Retained profit | € 325,269 | € 378,483 | € 306,104 | ▼ 19% |
| Dividend | € 50,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 32,255 | € 26,896 | ▼ 17% |
| Balance sheet total | € 691,588 | € 916,991 | € 765,682 | ▼ 17% |
| Employees (FTE) | 6.3 | 8.1 | 5.8 | ▼ 2.3 |
Key figures of OSTEND PARK, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to OSTEND PARK?
What happened at OSTEND PARK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
OSTEND PARK is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 72,379 (▼ € 125,593 vs 2022). filed late Source: NBB ↗
- New establishment in Bredene. KBO
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 151,765 profit in 2021 to € 72,379 loss in 2023.
Paid € 43,361 in corporate taxes since 2021.
Best year ever: 2021, with € 151,765 profit.
On average € 35,500 of value added per employee in 2023.
Management
The stake of AOC OOSTENDE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OSTEND PARKBehind OSTEND PARK are Danny Antoon Vandekerckhove and AOC Oostende. The shares are held by AOC OOSTENDE (80%).
Directors
According to the 2023 annual accounts
Danny Antoon Vandekerckhove
Associate
Shareholders
80%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Spaarzaamheidstraat 146
8400 Oostende
Leopold I-plein 2
8400 Oostende
Active since 6 March 1987
Duinenstraat 341
8450 Bredene
Active since 1 June 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.454.722
- VAT number
- BE 0430.454.722
- Registered office
- Spaarzaamheidstraat 146, 8400 Oostende
- Names & denominations
- OSTEND PARK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 16 February 1987
- Peppol
- Not registered
- Activities · NACE
Cafés en bars
Cafés