Otary RS
0833.507.538 · rovalta.com · 24/09/2026
ACTIVE
Otary RS
Financial year 2024 · Closed on 31/12/2024
Net result
62,8 M €
+44,2 %over 1 yearRevenue
13,4 M €
+17,0 %over 1 yearEquity
79,2 M €
-1,0 %over 1 yearWorkforce
42,2 ETP
+0,7 %over 1 yearOverview
Identity
Source · BCE/KBOOtary RS is a Public limited company incorporated in 2011. Its main activity is: Trade of electricity. Its registered office is in Oostende. It employs on average 42,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0833.507.538
- Incorporation
- 21/01/2011
- Legal form
- Public limited company
- Registered office
- Buskruitstraat 3
8400 Oostende · FlandreSee on map - Contributed capital
- 72 310 606,48 €
- Latest accounts
- 31/12/2024
- Average workforce
- 42,2 ETP
Activities (NACE)
Joint committees (3)
- 200
- 218
- 326
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue
Financials
Source · NBB, 19 filingsTrend over 13 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 13,4 M € | +17.0% | 11,4 M € | +15.2% | 9,9 M € | -3.1% | 10,3 M € | -8.5% | 11,2 M € |
| EBITDA | -761,5 k € | -157% | 1,3 M € | -0.3% | 1,3 M € | -11.1% | 1,5 M € | +4.6% | 1,4 M € |
| Operating result | -863 k € | -169% | 1,2 M € | -4.3% | 1,3 M € | -13.2% | 1,5 M € | +3.9% | 1,4 M € |
| Net result | 62,8 M € | +44.2% | 43,5 M € | +114% | 20,4 M € | +9.4% | 18,6 M € | -45.2% | 33,9 M € |
| Balance sheet | |||||||||
| Equity | 79,2 M € | -1.0% | 80 M € | -4.9% | 84,1 M € | +1.8% | 82,6 M € | +2.1% | 80,9 M € |
| Total assets | 92,7 M € | +10.4% | 84 M € | -2.5% | 86,2 M € | +2.4% | 84,1 M € | +0.5% | 83,7 M € |
| Cash | 6,5 M € | -16.2% | 7,7 M € | -12.7% | 8,9 M € | +11.3% | 8 M € | +18.9% | 6,7 M € |
| Debts | 13,6 M € | +233% | 4,1 M € | +95.0% | 2,1 M € | +34.6% | 1,6 M € | -45.4% | 2,8 M € |
| Other | |||||||||
| Workforce | 42,2 ETP | +0.7% | 41,9 ETP | +3.7% | 40,4 ETP | +12.2% | 36,0 ETP | +4.0% | 34,6 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202410 active · 50 ended
Active mandates
Active
Bert Devriendt
ActiveKoen Janssen
ActiveActive
Active
Rik Van de Walle
ActiveActive
Active
Active
Ended mandates
Other companies at this address
Buskruitstraat 3 8400 Oostende| Company | CBE no. |
|---|---|
NORTH SEA WAVE● Active | 0713.488.646 |
OTARY BIS● Active | 0700.246.364 |
RENTEL● Active | 0842.251.889 |
SeaMade● Active | 0543.401.324 |
Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Consolidated accounts | Full model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 13/06/2025 | 13/06/2024 | 23/05/2023 | 30/06/2022 | 28/05/2021 | 26/06/2020 |
| General meeting | 16/05/2025 | 17/05/2024 | 19/05/2023 | 20/05/2022 | 21/05/2021 | 15/05/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 16/05/2025 | 13/06/2025 | Dutch | |
| Consolidated accounts | 31/12/2024 | 16/05/2025 | 18/06/2025 | Dutch | |
| Full model | 31/12/2023 | 17/05/2024 | 13/06/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 17/05/2024 | 13/06/2024 | Dutch | |
| Full model | 31/12/2022 | 19/05/2023 | 23/05/2023 | Dutch | |
| Consolidated accounts | 31/12/2022 | 19/05/2023 | 23/05/2023 | Dutch | |
| Full model | 31/12/2021 | 20/05/2022 | 30/06/2022 | Dutch | |
| Consolidated accounts | 31/12/2021 | 20/05/2022 | 30/06/2022 | Dutch | |
| Full model | 31/12/2020 | 21/05/2021 | 27/05/2021 | Dutch | |
| Consolidated accounts | 31/12/2020 | 21/05/2021 | 28/05/2021 | Dutch | |
| Full model | 31/12/2019 | 15/05/2020 | 26/06/2020 | Dutch | |
| Full model | 31/12/2018 | 17/05/2019 | 28/06/2019 | Dutch | |
| Full model | 31/12/2017 | 18/05/2018 | 29/06/2018 | Dutch | |
| Full model | 31/12/2016 | 19/05/2017 | 28/06/2017 | Dutch | |
| Full model | 31/12/2015 | 20/05/2016 | 04/07/2016 | Dutch | |
| Full model | 31/12/2014 | 08/06/2015 | 03/07/2015 | Dutch | |
| Full model | 31/12/2013 | 16/05/2014 | 20/05/2014 | Dutch | |
| Full model | 31/12/2012 | 17/05/2013 | 17/06/2013 | Dutch | |
| Full model | 31/12/2011 | 18/05/2012 | 07/06/2012 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/202410 active · 50 ended
Active mandates
Active
Bert Devriendt
ActiveKoen Janssen
ActiveActive
Active
Rik Van de Walle
ActiveActive
Active
Active
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates17/06/2026ONTSLAGEN - BENOEMINGEN
- Mandates10/06/2024ONTSLAGEN - BENOEMINGEN
- Mandates10/06/2024ONTSLAGEN - BENOEMINGEN
- Mandates12/12/2023ONTSLAGEN - BENOEMINGEN
- Capital / shares06/10/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates08/08/2023ONTSLAGEN - BENOEMINGEN
- Mandates22/06/2023ONTSLAGEN - BENOEMINGEN
- Mandates22/06/2023ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 15/05/2026reconductionDeloitte Bedrijfsrevisoren BV — commissaris
- 2024Annual accounts 202462,8 M €↑
- 16/05/2024nominationStefanie De Deyster — head of controlling
- 2023Annual accounts 202343,5 M €↑
- 16/11/2023nominationBert Devriendt — bestuurder
- 24/10/2023nominationBert Devriendt — bestuurder categorie C
- 31/05/2023nominationAnne Vereecke — vaste vertegenwoordiger van Samanda SA
- 19/05/2023reconductionDeloitte Bedrijfsrevisoren BV — bedrijfsrevisor
- 2022Annual accounts 202220,4 M €↑
- 20/05/2022reconductionRik Van de Walle — bestuurder
- 20/05/2022reconductionMartin D'Uva — bestuurder
- 20/05/2022reconductionPeter Goderis — bestuurder
- 20/05/2022reconductionAmaud Grégoire — bestuurder
- 20/05/2022reconductionLudo Kelchtermans — bestuurder
- 20/05/2022reconductionKristof Van Loor — bestuurder
- 20/05/2022reconductionKoen Janssen — bestuurder
- 20/05/2022reconductionJean-Marie Bréban — bestuurder
- 20/05/2022reconductionOlivier Vanderijst — bestuurder
- 07/04/2022nominationMartin D'Uva — bestuurder
- 05/04/2022nominationArnaud GREGOIRE — vaste vertegenwoordiger van Samanda SA
- 2021Annual accounts 202118,6 M €↓
- 2020Annual accounts 202033,9 M €↑
- 2019Annual accounts 201912,5 M €↑
- 2018Annual accounts 20181,1 M €↑
- 2017Annual accounts 2017157 k €↑
- 2016Annual accounts 201643,3 k €↑
- 2014Annual accounts 2014-102,8 k €↓
- 2013Annual accounts 201329,6 k €↑
- 2012Annual accounts 2012-60,7 k €↑
- 2011Annual accounts 2011-387,7 k €
- 21/01/2011IncorporationPublic limited company