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 2022
OTC Bar from Oostende, company number BE0719960328, closed financial year 2022 with a result of € 87 after tax. For that financial year OTC Bar recorded a gross margin of € 90,698 and equity of € 146,216. Compared with financial year 2021, the result moved from € 120,155 to € 87. 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 October 6, 2023.
€ 146,216
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87
▼ € 120,068 vs 2021
Profit after tax over the fiscal year.
€ 121,207
▼ 44% vs 2021
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2022. Retained profit grew to € 216.
People and assets in 2022
€ 67,975
▲ 54% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 48,607
▲ 110% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 36,467
▼ 5% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 208,840 | € 90,698 | ▼ 57% |
| Profit after taxes | € 120,155 | € 87 | ▼ € 120,068 |
| Equity | € 146,129 | € 146,216 | |
| Total debts | € 197,526 | € 85,074 | ▼ 57% |
| Cash | € 215,058 | € 121,207 | ▼ 44% |
| Retained profit | € 129 | € 216 | ▲ 68% |
| Dividend | € 132,000 | € 0 | ▼ 100% |
| Balance sheet total | € 343,655 | € 231,290 | ▼ 33% |
Key figures of OTC Bar, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to OTC Bar?
What happened at OTC Bar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
OTC Bar is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: profit of € 87 (▼ € 120,068 vs 2021). filed late Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 120,155 profit in 2021 to € 87 profit in 2022.
Paid € 23,713 in corporate taxes since 2021.
Best year ever: 2021, with € 120,155 profit.
Paid out € 132,000 in dividends to the owners in total.
Management
Behind OTC Bar is Advocatenkantoor Ferlin & Belpame MS.
Directors
According to the 2022 annual accounts
Advocatenkantoor Ferlin & Belpame MS
Liquidator · represented by Gregory Belpame, Jan Ferlin
Establishments
Establishment units
Physical locations of this company
Koninginnelaan 83
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0719.960.328
- VAT number
- BE 0719.960.328
- Registered office
- Koninginnelaan 83, 8400 Oostende
- Names & denominations
- OTC Bar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 7 February 2019
- Peppol
- Not registered