OPENING OF BANKRUPTCY

OSTEND PARK

Financial year 2023 · closed on 31/12/2023
Net result
-72,4 k €
-236.0% YoY
Gross margin
205,9 k €
-55.8% YoY
Equity
324,7 k €
-18.2% YoY
Workforce
5,8 ETP
-28.4% YoY

Company — Opening of bankruptcy.

What does OSTEND PARK do?

OSTEND PARK is a Private limited company incorporated in 1987. Its main activity is: Accommodation. Its registered office is in Oostende. It employs on average 5,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0430.454.722
Incorporation
16/02/1987
Legal form
Private limited company
Registered office
Spaarzaamheidstraat 146
8400 Oostende · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2023
Average workforce
5,8 ETP
Joint committees (2)
  • 302
  • 30200
Signals
Solid equityGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202320222021201820172015201420132012201120102009200820072006
Income statement
Gross margin205,9 k €466 k €404,8 k €424,9 k €421,4 k €338,2 k €337,5 k €310,2 k €317,1 k €309,8 k €321,3 k €320,8 k €327,5 k €217,6 k €188,1 k €
EBITDA-54,8 k €95,2 k €220,1 k €128,1 k €154,7 k €25,7 k €5,7 k €-22,4 k €3,8 k €21 k €77,8 k €69,5 k €51,5 k €12,4 k €-4,1 k €
Operating result-70,3 k €74,8 k €190,7 k €95,2 k €133,1 k €8,2 k €-6,2 k €-34,6 k €-9,1 k €-234,4 €65,4 k €56,9 k €38,5 k €1,1 k €-12 k €
Net result-72,4 k €53,2 k €151,8 k €46,2 k €71,4 k €7,9 k €-8,3 k €-35,8 k €-9,3 k €1,5 k €44,2 k €39,2 k €30,2 k €-604,6 €-9,1 k €
Balance sheet
Equity324,7 k €397,1 k €343,9 k €215 k €168,8 k €92,6 k €84,7 k €93 k €128,8 k €138,1 k €136,6 k €110,4 k €36,2 k €16 k €4,7 k €
Total assets765,7 k €917 k €691,6 k €589,6 k €472,1 k €136 k €127,2 k €141,8 k €149,7 k €188,8 k €195,6 k €153,3 k €123,4 k €90,9 k €88,3 k €
Cash22,5 k €38,1 k €110,7 k €74,4 k €73 k €49,3 k €56,8 k €57,6 k €51,5 k €54,1 k €76,1 k €39,9 k €65,6 k €32,5 k €36,5 k €
Debts434,4 k €519,9 k €347,7 k €374,5 k €303,3 k €43,4 k €42,6 k €48,9 k €20,9 k €50,6 k €59 k €42,9 k €87,2 k €75 k €83,6 k €
Other
Workforce5,8 ETP8,1 ETP6,3 ETP7,6 ETP6,1 ETP9,5 ETP12,4 ETP13,1 ETP10,3 ETP8,5 ETP7,4 ETP7,8 ETP9,1 ETP7,1 ETP6,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 9 ended

Active mandates

AOC OOSTENDE

Director · 0650.895.833

Represented by Christine LEPLA

Active
Danny Antoon Vandekerckhove

Associate

Active

Ended mandates

AOC OOSTENDE

Director · since 20 septembre 2019 · 0650.895.833

Represented by Christine Lepla

Ended
AOC OOSTENDE

Manager · since 20 septembre 2019 · 0650.895.833

Represented by Christine Lepla

Ended
Danny Vandekerckhove

Manager · since 24 septembre 2018

Ended
Glenn Hoorelbeke

Manager · since 16 novembre 2016

Ended
At this address

Other companies at this address

CompanyCBE no.
ConfortatBankrupt
0428.333.192
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/09/202414/11/202306/09/202209/06/202103/09/202020/08/2019
General meeting01/04/202403/04/202330/06/202203/06/202130/06/202030/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202301/04/202424/09/2024DutchPDF
Abridged model31/12/202203/04/202314/11/2023DutchPDF
Abridged model31/12/202130/06/202206/09/2022DutchPDF
Abridged model31/12/202003/06/202109/06/2021DutchPDF
Abridged model31/12/201930/06/202003/09/2020DutchPDF
Abridged model31/12/201830/06/201920/08/2019DutchPDF
Abridged model31/12/201731/12/201816/01/2019DutchPDF
Micro model31/12/201620/04/201822/05/2018DutchPDF
Abridged model31/12/201504/04/201601/06/2016DutchPDF
Abridged model31/12/201407/04/201507/05/2015DutchPDF
Abridged model31/12/201307/04/201426/05/2014DutchPDF
Abridged model31/12/201202/04/201310/06/2013DutchPDF
Abridged model31/12/201102/04/201230/08/2012DutchPDF
Abridged model31/12/201004/04/201104/08/2011DutchPDF
Abridged model31/12/200906/04/201011/08/2010DutchPDF
Abridged model31/12/200806/04/200924/08/2009DutchPDF
Abridged model31/12/200707/04/200829/07/2008DutchPDF
Abridged model31/12/200602/04/200712/06/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 9 ended

Active mandates

AOC OOSTENDE

Director · 0650.895.833

Represented by Christine LEPLA

Active
Danny Antoon Vandekerckhove

Associate

Active

Ended mandates

AOC OOSTENDE

Director · since 20 septembre 2019 · 0650.895.833

Represented by Christine Lepla

Ended
AOC OOSTENDE

Manager · since 20 septembre 2019 · 0650.895.833

Represented by Christine Lepla

Ended
Danny Vandekerckhove

Manager · since 24 septembre 2018

Ended
Glenn Hoorelbeke

Manager · since 16 novembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares16/04/2004
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-72,4 k €
  2. 2022
    Annual accounts 202253,2 k €
  3. 2021
    Annual accounts 2021151,8 k €
  4. 2018
    Annual accounts 201846,2 k €
  5. 2017
    Annual accounts 201771,4 k €
  6. 2015
    Annual accounts 20157,9 k €
  7. 2014
    Annual accounts 2014-8,3 k €
  8. 2013
    Annual accounts 2013-35,8 k €
  9. 2012
    Annual accounts 2012-9,3 k €
  10. 2011
    Annual accounts 20111,5 k €
  11. 2010
    Annual accounts 201044,2 k €
  12. 2009
    Annual accounts 200939,2 k €
  13. 2008
    Annual accounts 200830,2 k €
  14. 2007
    Annual accounts 2007-604,6 €
  15. 2006
    Annual accounts 2006-9,1 k €
  16. 16/02/1987
    IncorporationPrivate limited company