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O&D Group

Active
Public limited companyfounded 198145 years activeGentseweg 494, 8793 Waregem, BelgiumKBO/BCE: BE 0421.450.647
Summary

O&D Group has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.5m and a net result of €554,477. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 4,922 sector peers (NACE 47, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Other non-specialised retail sale
NACE 47120Other retail sale of new goods NACE 47789
1 site
Size
€6.0mturnover 2025
Staff
7.1 FTE
Equity
€5.5m
Profit
€554,477
Net result +74%: 12-month year
Financial health
91 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Parent
O&D INVEST · 100%
Board
2 members
Accounts 2 days early2 of 18 deeds read
Why 91- Figures for FY 2025 (filed 30-10-2025)+ Founded in 1981+ Profit of €554,477 (FY 2025)+ Equity €5.5m (61.9% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 87+34
equity 61.9% of total assets
Liquidity 52+27
short-term debt 11.0% · cash 2.3%
Profitability 84+24
return on assets 6.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,155 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.6 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 3.28 against 1.15 in 2024; short-term debt: 11% and cash: 2.3% of total assets), and 38.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 74% on solvency, 57% on liquidity, 78% on profitability and 43% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1981
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Profit of €554,477 (FY 2025)
NBB · annual accounts
lowers risk · Equity €5.5m (61.9% of total assets)
NBB · annual accounts
raises risk · Figures for FY 2025 (filed 30-10-2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
on the day
2023
29 days late
2022
30 days late
2021
30 days late
2020
31 days late
2019
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close07-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignations: Peter Vantomme (director) and Kaatje…Appointments: Olivier Destoop-Vantomme (director) and…
  2. Statutes amendment · MiscellaneousCapital · Name change ·…
  3. Annual accounts filedfiscal year 2025 · full…

Key points

  • Caution: Board changedlatest change 16-01-2026 · 2 in office 2 joined · 2 left View
  • Caution: Turnover fell in 2025from €10.4m to €6.0m ▼ 42.9% View
  • Positive: Among the best 9% on equitysector median €448,628 · 4,923 companies €5.5m View
  • Controlled by O&D INVESTknown shareholders 100% 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €554,477 7 years View
  • Active since 1981founded 27-03-1981 45 years View

By topic

Financials

Fiscal year
2025
Turnover
€6.0m
Profit
€554,477
Solvency
61.9%
Turnover▼ 42.9%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2016
Next accounts
by 31-10-2026
  1. 31-03-2025Highest result since 2019
  2. 31-03-2025Liquidity triples
  3. 31-03-2025Equity above €5m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other non-specialised retail saleNACE 47120
Founded
27-03-1981
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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