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Otary RS

Switched

BE0833507538

Rechtspersoon Public limited company 1 establishment

Buskruitstraat 3, 8400 Oostende Activiteiten van hoofdkantoren

Active for

15 year, 7 months

Financials

Financial year 2025

Revenue

€ 12.4 million

▼ 7% vs 2024

Profit

Healthy

€ 17.2 million

▼ 73% vs 2024

Debts

Low

€ 14.1 million

▲ 4% vs 2024

Otary RS from Oostende, company number BE0833507538, closed financial year 2025 with a result of € 17.2 million after tax. For that financial year Otary RS recorded revenue of € 12.4 million and equity of € 81.5 million. Compared with financial year 2024, the result moved from € 62.8 million to € 17.2 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 6, 2026.

What happened at Otary RS?

What happened at Otary RS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • WE Environnement SA stepped down as director. NBB
  • Koen Janssen stepped down as director. NBB
  • PE BV stepped down as director. NBB
  • Power @ Sea stepped down as director. NBB
  • Nuhma cv stepped down as director. NBB
  • Sparaxis stepped down as director. NBB
  • SOCOFE sa stepped down as director. NBB
  • Rik Van de Walle stepped down as director. NBB

In short

From € 18.6 million profit in 2021 to € 17.2 million profit in 2025.

Paid € 1.4 million in corporate taxes since 2021.

Best year ever: 2024, with € 62.8 million profit.

Paid out € 153.9 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at Otary RS? We notify you, reason included.

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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

New annual account: profit halved. New
Gazette: capital increase of 250k. New

News about who you follow, reason included.

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Management

WE Environnement SA 12.5%
Aspiravi Offshore II NV 12.5%
Green Offshore NV 12.5%
Elicio Offshore NV 12.5%
+4
Otary RS
Rentel 52%
Otary BIS 51%

The shares are held by WE Environnement SA (12.5%), Aspiravi Offshore II NV (12.5%), Green Offshore NV (12.5%), Elicio Offshore NV (12.5%), Power@Sea NV (12.5%) and Socofe SA (12.5%). It owns 52% of Rentel and 51% of Otary BIS itself.

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Directors

According to the 2025 annual accounts

WE Environnement SA

Director · represented by Anne Vereecke

Owns 3.1% via Power@Sea NV

Also active at: RECYCLAGE ET VALORISATION TECHNIQUE, DEME ENVIRONNEMENT, BSTOR +3 more

since 2024 · until 2028

Koen Janssen

Director

Also active at: AANNEMINGSMAATSCHAPPIJ CFE, Bedrijvencentrum Regio Mechelen, AvH Growth Capital +4 more

since 2022 · until 2028

PE BV

Director · represented by Peter Goderis

Also active at: SeaMade, OTARY BIS, NORTH SEA WAVE +2 more

since 2022 · until 2028

Power @ Sea

Director · represented by Kristof Van Loon

Also active at: SeaMade, OTARY BIS, NORTH SEA WAVE +1 more

since 2022 · until 2028

Nuhma cv

Director · represented by Ludo Kelchtermans

Also active at: A.I.T. EUROPE, CIPAL, WIND EN WATER ENERGIE PRODUCENT +26 more

since 2022 · until 2028

Sparaxis

Director · represented by Olivier Vanderijst

Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International +228 more

since 2022 · until 2028

SOCOFE sa

Director · represented by Jean-Marie Breban

Owns 3.1% via Power@Sea NV

Also active at: WE Environnement, C - Power, SeaMade +12 more

since 2022 · until 2028

Rik Van de Walle

Director

Also active at: VLAAMSE ECOLOGIE - ENERGIE - EN MILIEUONDERNEMING, ASPIRAVI OFFSHORE, WIND AAN DE STROOM 2014 +18 more

since 2022 · until 2028

Bert Devriendt

Director

Also active at: BLUEPOWER, SeaMade, DEME CONCESSIONS WIND +5 more

since 2023 · until 2028

Shareholders

WE Environnement SA

12.5%

Aspiravi Offshore II NV

12.5%

Green Offshore NV

12.5%

Elicio Offshore NV

12.5%

Power@Sea NV · holding of SOCOFE sa

12.5%

Socofe SA

12.5%

DREDGING, ENVIRONMENTAL & MARINE ENGINEERING

12.5%

Z-Kracht NV

12.5%

Participations

Rentel

52%

Otary BIS

51%

Establishments

Establishment units

Physical locations of this company

Registered office

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.

SeaMade same network

€ 171.5 million revenue · 2025

OTARY BIS same network

NORTH SEA WAVE same network

RENTEL same network

€ 134.1 million revenue · 2025

Details

Company number
0833.507.538
VAT number
BE 0833.507.538
Registered office
Buskruitstraat 3, 8400 Oostende
Names & denominations
Otary RS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
21 January 2011
Peppol
Active · Active since 5 Feb 2026
Activities · NACE

Activiteiten van hoofdkantoren

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Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg

Transmissie van elektriciteit

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Overige gespecialiseerde wetenschappelijke en technische activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What is the enterprise number of Otary RS?
The enterprise number of Otary RS is BE0833507538.
What is the address of Otary RS?
The registered office of Otary RS is located at Buskruitstraat 3, 8400 Oostende.
When was Otary RS founded?
Otary RS was founded on 21 January 2011.
What is the main activity of Otary RS?
The main activity of Otary RS is "Activiteiten van hoofdkantoren" (NACE code 70100).
Does Otary RS have a website?
No website is currently known for Otary RS.
How much profit did Otary RS make in 2025?
Otary RS posted a profit after taxes of € 17,237,470 in financial year 2025.
What is the revenue of Otary RS?
In its most recent annual accounts (2025), Otary RS reported revenue of € 12,426,978.
How many employees does Otary RS have?
According to the 2025 annual accounts, Otary RS has 42.7 full-time equivalents (FTE).
Where can I find the annual accounts of Otary RS?
Otary RS files its annual accounts with the Central Balance Sheet Office of the National Bank of Belgium. The key figures for recent financial years are available for free on this page.
Who are the directors of Otary RS?
According to the 2025 annual accounts, the directors of Otary RS are: WE Environnement SA, Koen Janssen, PE BV , Power @ Sea , Nuhma cv, Sparaxis , SOCOFE sa , Rik Van de Walle .
Who owns Otary RS?
The shares are held by WE Environnement SA (12.5%), Aspiravi Offshore II NV (12.5%), Green Offshore NV (12.5%), Elicio Offshore NV (12.5%), Power@Sea NV (12.5%) and Socofe SA (12.5%). It owns 52% of Rentel and 51% of Otary BIS itself.
Who are the shareholders of Otary RS?
According to the 2025 annual accounts, the shareholders of Otary RS are: WE Environnement SA (12.5%), Aspiravi Offshore II NV (12.5%), Green Offshore NV (12.5%), Elicio Offshore NV (12.5%), Power@Sea NV (12.5%), Socofe SA (12.5%), DREDGING, ENVIRONMENTAL & MARINE ENGINEERING (12.5%), Z-Kracht NV (12.5%).