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O & D SERVICES

Active
Private limited companyfounded 201214 yrs activeNoordlaan 8, 9940 Evergem, BelgiumKBO/BCE: BE 0844.982.044
Summary

O & D SERVICES has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88,349 and a net result of €4,686. Equity is growing by ~35.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 3543 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability42▼-20
Solvency37▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.49 against 1.94 in 2023; short-term debt: 7.9% and cash: 4.5% of total assets), and 88.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
11.9%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-11-2025, 103 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
103 d late
2023
31 d late
2022
29 d late
2021
61 d late
2020
150 d late
2019
107 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 45 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

O & D SERVICES was incorporated on 2 January 2012.1 Since 2026, Hyusein Alper Altan has served as director of the company.2 Total assets rose from EUR 641,759 in 2018 to EUR 744,806 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 15-07-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€88,349▲ 5.6%
2023 · €83,663
Total assets
€744,806▲ 28.2%
2023 · €581,142
Net result
€4,686▼ 76.1%
2023 · €19,604
Working capital
€28,998▼ 36.9%
2023 · €45,953
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€32,403▲ 41.7%€35,093▲ 8.3%€35,354▲ 0.7%€36,450▲ 3.1%€34,025▼ 6.7%
Net result€30,908above the sector's middle half▲ 342%€16,797within the sector's middle half▼ 45.7%€15,235within the sector's middle half▼ 9.3%€19,604within the sector's middle half▲ 28.7%€4,686within the sector's middle half▼ 76.1%
Equity€32,027within the sector's middle half▲ 2,762%€48,824within the sector's middle half▲ 52.4%€64,059within the sector's middle half▲ 31.2%€83,663within the sector's middle half▲ 30.6%€88,349within the sector's middle half▲ 5.6%
Total assets€657,393above the sector's middle half▲ 9.2%€609,488above the sector's middle half▼ 7.3%€586,858above the sector's middle half▼ 3.7%€581,142above the sector's middle half▼ 1.0%€744,806above the sector's middle half▲ 28.2%
Debt€625,366▲ 4.1%€560,664▼ 10.3%€522,799▼ 6.8%€497,479▼ 4.8%€656,457▲ 32.0%
Working capital€6,922within the sector's middle half€18,412within the sector's middle half▲ 166%€26,277within the sector's middle half▲ 42.7%€45,953within the sector's middle half▲ 74.9%€28,998within the sector's middle half▼ 36.9%
Solvency4.9%below the sector's middle half▲ 4.7pp8.0%within the sector's middle half▲ 3.1pp10.9%within the sector's middle half▲ 2.9pp14.4%within the sector's middle half▲ 3.5pp11.9%within the sector's middle half▼ 2.5pp
Current ratio1.06within the sector's middle half▲ 0.401.27within the sector's middle half▲ 0.211.48within the sector's middle half▲ 0.201.94within the sector's middle half▲ 0.461.49within the sector's middle half▼ 0.45
Return on assets (ROA)4.7%within the sector's middle half▲ 3.5pp2.8%within the sector's middle half▼ 1.9pp2.6%within the sector's middle half▼ 0.2pp3.4%within the sector's middle half▲ 0.8pp0.6%within the sector's middle half▼ 2.7pp
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2020: €32,403€32,403Net result 2020: €30,908€30,908Operating result 2021: €35,093€35,093Net result 2021: €16,797€16,797Operating result 2022: €35,354€35,354Net result 2022: €15,235€15,235Operating result 2023: €36,450€36,450Net result 2023: €19,604€19,604Operating result 2024: €34,025€34,025Net result 2024: €4,686€4,68620202021202220232024€0€10,000€20,000€30,000€40,000Operating result 2022: €35,354€35,400Net result 2022: €15,235€15,200Operating result 2023: €36,450€36,500Net result 2023: €19,604€19,600Operating result 2024: €34,025€34,000Net result 2024: €4,686€4,690202220232024
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €744,806
Fixed assets €657,130 ▲ 35.1%
Current assets €87,676 ▼ 7.5%
Equity and liabilities €744,806
Equity €88,349 ▲ 5.6%
Debt €656,457 ▲ 32.0%
Debt's share of the balance-sheet total rises from 85.6% to 88.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€77,874▲
2023 · €67,586
Cash flow
€48,535▼
2023 · €50,740
Quick ratio
1.30▼
2023 · 1.61
Debt to equity
7.43▲
2023 · 5.95
ROE
5.3%▼
2023 · 23.4%
Interest coverage
2.65▼
2023 · 4.74
Debt ≤ 1 year
€58,678▲
2023 · €48,876
Debt > 1 year
€597,779▲
2023 · €446,770
Income taxes
€728▼
2023 · €2,798
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,105 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.0% went bankrupt
0.9% stopped otherwise
98% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,105 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€581,142€744,806▲
Fixed assets21/28€486,313€657,130▲
Tangible fixed assets22/27€486,142€656,959▲
Land and buildings22€457,663€435,016▼
Plant, machinery and equipment23€21,367€20,294▼
Furniture and vehicles24€7,112€10,393▲
Leasing and similar rights25-€191,256
Financial fixed assets28€171€171=
Current assets29/58€94,829€87,676▼
Stocks and contracts in progress3€15,991€11,104▼
Stocks30/36€15,991€11,104▼
Amounts receivable within one year40/41€39,414€39,835▲
Trade receivables40€28,373€29,101▲
Other amounts receivable41€11,041€10,734▼
Cash at bank and in hand54/58€32,395€33,716▲
Deferred charges and accrued income490/1€7,029€3,021▼
Equity and liabilities
Total equity and liabilities10/49€581,142€744,806▲
Equity10/15€83,663€88,349▲
Contributions10/11€18,600€18,600=
Reserves13€51,886€56,572▲
Distributable reserves133€51,886€56,572▲
Profit (loss) carried forward14€13,177€13,177=
Amounts payable17/49€497,479€656,457▲
Amounts payable after more than one year17€446,770€597,779▲
Financial debts170/4€446,770€597,779▲
Amounts payable within one year42/48€48,876€58,678▲
Current portion of amounts payable after more than one year42€21,216€39,367▲
Trade debts44€8,773€688▼
Suppliers440/4€8,773€688▼
Taxes, remuneration and social security45€18,887€18,623▼
Taxes450/3€14,162€18,623▲
Remuneration and social security454/9€4,725-
Accrued charges and deferred income492/3€1,833-
Income statement Code20232024
Non-recurring operating income76A-€12,066
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,136€43,849▲
Other operating charges640/8€6,793€9,670▲
Non-recurring operating charges66A€544€1,686▲
Gross operating margin9900€74,923€89,230▲
Operating profit (loss)9901€36,450€34,025▼
Financial income75/76B€222€734▲
Recurring financial income75€222€734▲
Financial charges65/66B€14,270€29,345▲
Recurring financial charges65€14,270€29,345▲
Profit (loss) for the period before taxes9903€22,402€5,414▼
Income taxes67/77€2,798€728▼
Profit (loss) for the period9904€19,604€4,686▼
Profit (loss) for the period to be appropriated9905€19,604€4,686▼
Appropriation of the result
Profit (loss) to be appropriated9906€32,781€17,863▼
Profit (loss) brought forward from the previous period14P€13,177€13,177=
Transfer to equity691/2€19,604€4,686▼
To other reserves6921€19,604€4,686▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€12,066-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,225€30,348€31,779€31,136€43,849▲ 40.8%
Other operating charges640/8-€7,244€6,079€6,793€9,670▲ 42.4%
Non-recurring operating charges66A-€217€1,508€544€1,686▲ 210%
Gross operating margin9900€68,434€72,902€74,720€74,923€89,230▲ 19.1%
Operating profit (loss)9901€32,403€35,093€35,354€36,450€34,025▼ 6.7%
Financial income75/76B-€3€436€222€734▲ 231%
Recurring financial income75€560€3€436€222€734▲ 231%
Financial charges65/66B-€16,619€14,355€14,270€29,345▲ 106%
Recurring financial charges65€18,412€16,317€14,355€14,270€29,345▲ 106%
Non-recurring financial charges66B-€302----
Profit (loss) for the period before taxes9903€30,908€18,477€21,435€22,402€5,414▼ 75.8%
Income taxes67/77-€1,680€6,200€2,798€728▼ 74.0%
Profit (loss) for the period9904€30,908€16,797€15,235€19,604€4,686▼ 76.1%
Profit (loss) for the period to be appropriated9905€30,908€16,797€15,235€19,604€4,686▼ 76.1%
Line20202021202220232024Change
Assets
Total assets20/58€657,393€609,488€586,858€581,142€744,806▲ 28.2%
Fixed assets21/28€543,074€523,522€505,365€486,313€657,130▲ 35.1%
Tangible fixed assets22/27€542,903€523,351€505,194€486,142€656,959▲ 35.1%
Land and buildings22-€494,623€472,695€457,663€435,016▼ 4.9%
Plant, machinery and equipment23-€25,450€27,435€21,367€20,294▼ 5.0%
Furniture and vehicles24-€3,278€5,064€7,112€10,393▲ 46.1%
Leasing and similar rights25----€191,256-
Financial fixed assets28€171€171€171€171€171=
Current assets29/58€114,319€85,966€81,493€94,829€87,676▼ 7.5%
Stocks and contracts in progress3€29,736€20,110€21,785€15,991€11,104▼ 30.6%
Stocks30/36-€20,110€21,785€15,991€11,104▼ 30.6%
Amounts receivable within one year40/41€22,786€30,572€23,005€39,414€39,835▲ 1.1%
Trade receivables40-€25,441€19,849€28,373€29,101▲ 2.6%
Other amounts receivable41-€5,131€3,156€11,041€10,734▼ 2.8%
Cash at bank and in hand54/58€43,487€27,848€30,766€32,395€33,716▲ 4.1%
Deferred charges and accrued income490/1-€7,436€5,937€7,029€3,021▼ 57.0%
Equity and liabilities
Total equity and liabilities10/49€657,393€609,488€586,858€581,142€744,806▲ 28.2%
Equity10/15€32,027€48,824€64,059€83,663€88,349▲ 5.6%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€250€17,047€32,282€51,886€56,572▲ 9.0%
Non-distributable reserves130/1-€250€250---
Reserves not available under the articles1311-€250€250---
Distributable reserves133-€16,797€32,032€51,886€56,572▲ 9.0%
Profit (loss) carried forward14€13,177€13,177€13,177€13,177€13,177=
Amounts payable17/49€625,366€560,664€522,799€497,479€656,457▲ 32.0%
Amounts payable after more than one year17€517,013€492,385€467,191€446,770€597,779▲ 33.8%
Financial debts170/4-€492,385€467,191€446,770€597,779▲ 33.8%
Amounts payable within one year42/48€107,397€67,554€55,216€48,876€58,678▲ 20.1%
Current portion of amounts payable after more than one year42-€24,629€25,194€21,216€39,367▲ 85.6%
Financial debts43-€2,560----
Credit institutions430/8-€2,560----
Trade debts44€19,028€10,832€4,164€8,773€688▼ 92.2%
Suppliers440/4-€10,832€4,164€8,773€688▼ 92.2%
Advances received on contracts in progress46-€2,210----
Taxes, remuneration and social security45-€14,034€19,901€18,887€18,623▼ 1.4%
Taxes450/3-€9,399€12,427€14,162€18,623▲ 31.5%
Remuneration and social security454/9-€4,635€7,474€4,725--
Other amounts payable47/48-€13,289€5,957---
Accrued charges and deferred income492/3-€725€392€1,833--
Line20202021202220232024Change
Profit (loss) for the period9904€30,908€16,797€15,235€19,604€4,686▼ 76.1%
+ Depreciation and write-downs630€28,225€30,348€31,779€31,136€43,849▲ 40.8%
Operating cash flow (approximation)€59,133€47,145€47,014€50,740€48,535▼ 4.3%
Investment in fixed assets (approximation)--€10,796-€13,622-€12,084-€214,666▼ 1,676%
Change in cash--€15,639€2,918€1,629€1,321▼ 18.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
15-07
State Gazette act Resignation: Mehmed Mehmed Sinan (director)
Appointment: Hyusein Alper Altan (director)3 facts ▸
  • General meeting, 30-06-2026
  • Director resignation, Mehmed Mehmed Sinan (director)
  • Director appointment, Hyusein Alper Altan (director)
2025
11-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 103 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
28-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 150 days late
2020
31-12
Financial Highest result since 2018net €30,908 ▲342%
Net result €30,908, the highest in the series.
15-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
16-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 169 days late
2019
31-12
Financial Back to profitnet €6,988
Net result €6,988 after one loss-making year.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 41 acts read
About the unread acts

Of the 41 Belgian State Gazette acts we know for this company, 1 has been read. The other 40 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
Hyusein Alper Altan
Director · since 01-07-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
40 of this company's 41 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Evergem · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
971 m²
Building footprint
170 m²
Volume, LiDAR
887 m³
Parcel 43006G0345/00N002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
O & D SERVICES
Noordlaan 8, 9940 EvergemPainting of buildings
since 20142.229.802.346
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43006G0345/00N002 Flanders 971 m² 1 · 170 m² 9.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Hyusein Alper Altan
  • Director, from 01-07-2026 to date
Mehmed Mehmed Sinan
  • Director, until 30-06-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 3,205 companies in sector 95316 we hold annual accounts for 754. 543 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95315Tyre services
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:0844982044
Also 9925:BE0844982044
Registered 02-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.