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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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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
OSTARA from Oudenaarde, company number BE0451791653, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year OSTARA recorded revenue of € 10.9 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.3 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 5.9 million
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
93 % of the profit went to the shareholders, mostly to INARIDO (100 % of the shares). That is where the money ends up.
People and assets in 2025
2.3
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 165,218
▲ 104% vs 2024
€ 71,800 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.
€ 81,380
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 919,829
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 72,421
▲ 234% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,739,464 | € 14,451,902 | € 13,484,996 | € 10,910,638 | ▼ 19% |
| Profit after taxes | € 590,014 | € 1,439,310 | € 1,689,037 | € 1,296,064 | ▼ 23% |
| Equity | € 12,518,448 | € 12,518,448 | € 3,929,834 | € 4,025,898 | ▲ 2% |
| Total debts | € 1,763,648 | € 3,914,221 | € 5,197,774 | € 5,203,128 | |
| Cash | € 10,203,829 | € 12,766,684 | € 5,798,449 | € 5,926,727 | ▲ 2% |
| Land & buildings | € 405,972 | € 382,762 | € 296,661 | € 275,300 | ▼ 7% |
| Retained profit | € 12,370,448 | € 12,370,448 | € 3,782,653 | € 3,878,717 | ▲ 3% |
| Dividend | € 590,014 | € 1,439,310 | € 10,200,000 | € 1,200,000 | ▼ 88% |
| Bank debt | € 0 | € 0 | € 0 | € 2,666,667 | |
| Balance sheet total | € 14,282,096 | € 16,432,669 | € 9,127,608 | € 9,229,026 | ▲ 1% |
| Employees (FTE) | 2.1 | 1.4 | 0.9 | 2.3 | ▲ 1.4 |
Key figures of OSTARA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to OSTARA?
What happened at OSTARA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- INARIDO bv stepped down as director. NBB
- HELENA CALLEBERT stepped down as director. NBB
- SORRIS-SORRIS BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▼ 23% vs 2024). Source: NBB ↗
- INARIDO bv became a director. NBB
- HELENA CALLEBERT became a director. NBB
- SORRIS-SORRIS BV became a director. NBB
- New establishment in Oudenaarde. KBO
In short
From € 590,014 profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.7 million profit.
Paid out € 13.4 million in dividends to the owners in total.
Management
The stake of INARIDO, THULA & THULA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OSTARAThe shares are held by INARIDO (100%) and THULA & THULA (99.9%). It owns 50% of KAMUT ENTERPRISES OF EUROPE itself.
Directors
According to the 2025 annual accounts
Director · represented by BATKHUREL GANTULGA
since 2024 · until 2031
since 2024 · until 2031
since 2024 · until 2031
Shareholders
100%
99.9%
Participations
Establishments
Establishment units
Physical locations of this company
Ronseweg 66 box 2/21
9700 Oudenaarde
Ronseweg 66 box 217
9700 Oudenaarde
Active since 1 January 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.791.653
- VAT number
- BE 0451.791.653
- Registered office
- Ronseweg 66 bus 2/21, 9700 Oudenaarde
- Names & denominations
- OSTARA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 1994
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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