IMMO ODIN
ActiveSummary
IMMO ODIN has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.24M and a net result of €388k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 56% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-3
Solvency63▼-37
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 9.48 in 2024; short-term debt: 61.8% and cash: 3% of total assets), and 61.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.1%
Return on assets
12%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2024
3 d early
2023
27 d early
2022
18 d early
2021
1 d late
2020
33 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.24M▼ 53.3%
2024 · €2.65M
2018: €1.85M
2019: €2.03M
2020: €2.25M
2021: €2.53M
2022: €2.85M
2023: €2.23M
2024: €2.65M
2018 → 2025
Total assets
€3.24M▲ 14.0%
2024 · €2.84M
2018: €1.96M
2019: €2.13M
2020: €2.29M
2021: €2.60M
2022: €3.13M
2023: €3.46M
2024: €2.84M
2018 → 2025
Net result
€388k▼ 7.2%
2024 · €418k
2018: €165k
2019: €174k
2020: €222k
2021: €286k
2022: €321k
2023: €397k
2024: €418k
2018 → 2025
Working capital
€260k▼ 83.9%
2024 · €1.62M
2018: €580k
2019: €903k
2020: €1.24M
2021: €1.53M
2022: €1.81M
2023: €1.23M
2024: €1.62M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.53M-€2.85M▲ 12.7%€2.23M▼ 21.8%€2.65M▲ 18.7%€1.24M▼ 53.3%
Operating result€384k-€431k▲ 12.3%€484k▲ 12.3%€517k▲ 6.8%€497k▼ 3.8%
Net result€286k-€321k▲ 12.2%€397k▲ 23.6%€418k▲ 5.4%€388k▼ 7.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.24M
Fixed assets
€978k ▼ 5.2%
Current assets
€2.26M ▲ 25.0%
Equity and liabilities €3.24M
Equity
€1.24M ▼ 53.3%
Debt
€2.01M ▲ 931%
Debt's share of the balance-sheet total rises from 6.8% to 61.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€551k▼
2024 · €570k
Cash flow
€442k▼
2024 · €471k
Current ratio
1.13▼
2024 · 9.48
Debt to equity
1.62▲
2024 · 0.07
ROE
31.4%▲
2024 · 15.8%
ROA
12.0%▼
2024 · 14.7%
Interest coverage
307.65▲
2024 · 186.11
Debt ≤ 1 year
€2.00M▲
2024 · €191k
Income taxes
€129k▼
2024 · €139k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.84M€3.24M▲
Fixed assets21/28€1.03M€978k▼
Tangible fixed assets22/27€1.03M€978k▼
Land and buildings22€802k€790k▼
Plant, machinery and equipment23€230k€189k▼
Current assets29/58€1.81M€2.26M▲
Amounts receivable within one year40/41€36k€56k▲
Trade receivables40€32k€45k▲
Other amounts receivable41€4k€11k▲
Current investments50/53€1.40M€2.10M▲
Cash at bank and in hand54/58€369k€99k▼
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€2.84M€3.24M▲
Equity10/15€2.65M€1.24M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.59M€1.17M▼
Non-distributable reserves130/1€78k€78k=
Legal reserve130€78k€78k=
Distributable reserves133€2.51M€1.10M▼
Amounts payable17/49€195k€2.01M▲
Amounts payable within one year42/48€191k€2.00M▲
Trade debts44€6k€13k▲
Suppliers440/4€6k€13k▲
Advances received on contracts in progress46€179k€183k▲
Taxes, remuneration and social security45€6k€8k▲
Taxes450/3€6k€8k▲
Other amounts payable47/48-€1.80M
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€54k▲
Other operating charges640/8€38k€40k▲
Gross operating margin9900€608k€590k▼
Operating profit (loss)9901€517k€497k▼
Financial income75/76B€44k€22k▼
Recurring financial income75€44k€22k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€557k€517k▼
Income taxes67/77€139k€129k▼
Profit (loss) for the period9904€418k€388k▼
Profit (loss) for the period to be appropriated9905€418k€388k▼
Appropriation of the result
Profit (loss) to be appropriated9906€418k€388k▼
Transfer from equity791/2-€1.80M
Transfer to equity691/2€418k€388k▼
To other reserves6921€418k€388k▼
Profit to be distributed694/7-€1.80M
Return on contributions (dividend)694-€1.80M
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €418k ▲5.4%
Operating result €517k, net result €418k, both a record.
31-12
Financial
Liquidity times 5current ratio 9.48
Current ratio from 2.00 to 9.48; short-term debt falls from €1.22M to €191k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 29.73
Current ratio from 10.04 to 29.73; short-term debt falls from €100k to €43k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €2MEq €2.03M ▲9.4%
2 profitable years in a row build equity to €2.03M.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ternat · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Preflexbaan 2801740 TernatGround area
4,114 m²
Building footprint
59 m²
Volume, LiDAR
495 m³
2 parcels, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Assesteenweg 117, 1740 Ternat
since 19922.057.362.476
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0419/00M000 | Flanders | 4,032 m² | - | - |
| 23086A0354/00K002 | Flanders | 82 m² | 1 · 58 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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EQUUS
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Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,080 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-03-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.