Financials
Financial year 2025
Gross margin
€ 0
Profit
Healthy€ 27.9 million
▼ 58% vs 2024
Debts
Low€ 3,780
▼ 81% vs 2024
OTARY BIS from Oostende, company number BE0700246364, closed financial year 2025 with a result of € 27.9 million after tax. For that financial year OTARY BIS recorded a gross margin of € 0 and equity of € 54.3 million. Compared with financial year 2024, the result moved from € 66.8 million to € 27.9 million. The company is profitable. 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 July 6, 2026.
What happened at OTARY BIS?
What happened at OTARY BIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PE BV stepped down as director. NBB
- Power@Sea stepped down as director. NBB
- Nuhma cv stepped down as director. NBB
- Sparaxis SA stepped down as director. NBB
- Socofe stepped down as director. NBB
- Rik Van De Walle stepped down as director. NBB
- Koen Janssen stepped down as director. NBB
- Bert Devriendt stepped down as director. NBB
In short
From € 8.4 million profit in 2021 to € 27.9 million profit in 2025.
Paid € 35,744 in corporate taxes since 2021.
Best year ever: 2024, with € 66.8 million profit.
Paid out € 144.8 million in dividends to the owners in total.
A new publication or filing at OTARY BIS? We notify you, reason included.
Follow OTARY BISNeed more data?
History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
Then €29.99/mo excl. VAT, cancel monthly. No credit card to try; the AI assistant is not included, or only in a very limited form, during the trial month. Sign up now and you’ll be invited first.
Management
The shares are held by Otary RS NV (51%), DEME Concessions Wind NV (6.1%), Green Offshore NV (6.1%), WOW SA (6.1%), Aspiravi Offshore II NV (6.1%) and Power@Sea NV (6.1%). It owns 70% of Seamade and 70% of North Sea Wave itself.
Directors
According to the 2025 annual accounts
Director · represented by Peter Goderis
Also active at: SeaMade, NORTH SEA WAVE, Otary RS +2 more
since 2024 · until 2030
Director · represented by Kristof Van Loon
Owns 6.4% via Otary RS NV
Also active at: SeaMade, NORTH SEA WAVE, Otary RS +1 more
since 2024 · until 2030
Director · represented by Ludo Kelchtermans
Also active at: A.I.T. EUROPE, CIPAL, WIND EN WATER ENERGIE PRODUCENT +26 more
since 2024 · until 2030
Director · represented by Anne Vereecke
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International +228 more
since 2024 · until 2030
Director · represented by Marcel Dormann
Owns 1.5% via Power@Sea NV · Owns 6.4% via Otary RS NV
Also active at: WE Environnement, C - Power, SeaMade +12 more
since 2024 · until 2030
Rik Van De Walle
Director
Also active at: VLAAMSE ECOLOGIE - ENERGIE - EN MILIEUONDERNEMING, ASPIRAVI OFFSHORE, WIND AAN DE STROOM 2014 +18 more
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2030
Shareholders
Participations
70%
70%
Establishments
Establishment units
Physical locations of this company
Buskruitstraat 3
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Details
- Company number
- 0700.246.364
- VAT number
- BE 0700.246.364
- Registered office
- Buskruitstraat 3, 8400 Oostende
- Names & denominations
- OTARY BIS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2018
- Peppol
- Active · Active since 2 Feb 2026
- Contact
- otary.be