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ODA

Active
Private limited companyfounded 20187 yrs activeRue Louis Demeuse 4, 4040 Herstal, BelgiumKBO/BCE: BE 0715.964.621
Summary

The computed 12-month bankruptcy probability of ODA is 3.1% (moderate). The 2024 annual accounts show negative equity (-€57,747) and a net result of -€3,236. Equity is shrinking by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 6159 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-1
Solvency0=
Growth72=
Track record100
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.06 in 2023; short-term debt: 838.7% and cash: 71.4% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-738.7%
Return on assets
-41.4%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€57,747
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
63 d late
2023
52 d late
2022
32 d late
2021
26 d late
2020
30 d late
2019
132 d late
← 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 56 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% 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

ODA was incorporated on 18 December 2018.1 Revenue grew from EUR 25,953 in 2019 to EUR 71,276 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023

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Financials · fiscal year 2024, micro schema

Turnover
€71,276▲ 173%
2021 · €26,073
EBIT margin
-6.2%▲ 13.7pp
2021 · -19.8%
Net result
-€3,236▲ 49.3%
2023 · -€6,379
Working capital
-€59,749▼ 4.2%
2023 · -€57,340
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€17,441▼ 32.8%€26,073▲ 49.5%€71,276
Operating result-€13,822▲ 7.6%-€5,168▲ 62.6%-€20,116▼ 289%-€4,387▲ 78.2%-€2,935▲ 33.1%
Net result-€13,951▲ 6.8%-€4,592▲ 67.1%-€20,827▼ 354%-€6,379▲ 69.4%-€3,236▲ 49.3%
EBIT margin-79.2%▼ 21.6pp-19.8%▲ 59.4pp-6.2%
Equity-€22,713▼ 159%-€27,305▼ 20.2%-€48,132▼ 76.3%-€54,511▼ 13.3%-€57,747▼ 5.9%
Total assets€9,593▼ 22.2%€14,548▲ 51.7%€13,264▼ 8.8%€6,661▼ 49.8%€7,817▲ 17.4%
Debt€32,306▲ 53.2%€41,853▲ 29.6%€61,396▲ 46.7%€61,172▼ 0.4%€65,564▲ 7.2%
Working capital-€25,911▼ 87.1%-€31,002▼ 19.6%-€51,832▼ 67.2%-€57,340▼ 10.6%-€59,749▼ 4.2%
Staff (FTE)1
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2020: -€13,822-€13,822Net result 2020: -€13,951-€13,951Operating result 2021: -€5,168-€5,168Net result 2021: -€4,592-€4,592Operating result 2022: -€20,116-€20,116Net result 2022: -€20,827-€20,827Operating result 2023: -€4,387-€4,387Net result 2023: -€6,379-€6,379Operating result 2024: -€2,935-€2,935Net result 2024: -€3,236-€3,23620202021202220232024-€30,000-€20,000-€10,000€0Operating result 2022: -€20,116-€20,100Net result 2022: -€20,827-€20,800Operating result 2023: -€4,387-€4,390Net result 2023: -€6,379-€6,380Operating result 2024: -€2,935-€2,940Net result 2024: -€3,236-€3,240202220232024
The operating result stays negative: a loss of €2,935 in 2024 against €4,387 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7,817
Fixed assets €2,002 ▼ 29.2%
Current assets €5,815 ▲ 51.8%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1,761▲
2023 · -€2,816
Cash flow
-€2,061▲
2023 · -€4,808
Solvency
-738.7%▲
2023 · -818.4%
Current ratio
0.09▲
2023 · 0.06
Quick ratio
0.09▲
2023 · 0.06
Debt to equity
-1.14▼
2023 · -1.12
ROA
-41.4%▲
2023 · -95.8%
Interest coverage
-11.11▼
2023 · -10.04
Debt ≤ 1 year
€65,564▲
2023 · €61,172
Staff costs
€10,376▼
2023 · €11,991
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.2% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 6,035 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 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€6,661€7,817▲
Fixed assets21/28€2,829€2,002▼
Tangible fixed assets22/27€2,829€2,002▼
Land and buildings22€797€658▼
Plant, machinery and equipment23€614€620▲
Furniture and vehicles24€1,418€724▼
Current assets29/58€3,832€5,815▲
Stocks and contracts in progress3€194€200▲
Stocks30/36€194€200▲
Amounts receivable within one year40/41€28€31▲
Other amounts receivable41€28€31▲
Cash at bank and in hand54/58€3,610€5,579▲
Deferred charges and accrued income490/1-€6
Equity and liabilities
Total equity and liabilities10/49€6,661€7,817▲
Equity10/15-€54,511-€57,747▼
Contributions10/11€6,200€6,200=
Capital10€6,200€6,200=
Issued capital100€18,600€18,600=
Uncalled capital101€12,400€12,400=
Profit (loss) carried forward14-€60,711-€63,947▼
Amounts payable17/49€61,172€65,564▲
Amounts payable within one year42/48€61,172€65,564▲
Trade debts44€8,093€3,267▼
Suppliers440/4€8,093€3,267▼
Taxes, remuneration and social security45€9,264€20,266▲
Taxes450/3€2,545€3,908▲
Remuneration and social security454/9€6,719€16,357▲
Other amounts payable47/48€43,815€42,031▼
Income statement Code20232024
Turnover70€71,276-
Goods, raw materials, services and sundry goods60/61€61,192-
Remuneration, social security and pensions62€11,991€10,376▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,572€1,174▼
Other operating charges640/8€993€1,059▲
Gross operating margin9900€10,168€9,674▼
Operating profit (loss)9901-€4,387-€2,935▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1,992€301▼
Recurring financial charges65€281€159▼
Non-recurring financial charges66B€1,712€142▼
Profit (loss) for the period before taxes9903-€6,379-€3,236▲
Profit (loss) for the period9904-€6,379-€3,236▲
Profit (loss) for the period to be appropriated9905-€6,379-€3,236▲
Appropriation of the result
Profit (loss) to be appropriated9906-€60,711-€63,947▼
Profit (loss) brought forward from the previous period14P-€54,332-€60,711▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€17,441€26,073-€71,276--
Goods, raw materials, services and sundry goods60/61-€31,558-€61,192--
Remuneration, social security and pensions62-€8,409€13,568€11,991€10,376▼ 13.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,893€2,051€1,214€1,572€1,174▼ 25.3%
Other operating charges640/8-€694€715€993€1,059▲ 6.7%
Gross operating margin9900-€7,794€5,986-€4,620€10,168€9,674▼ 4.9%
Operating profit (loss)9901-€13,822-€5,168-€20,116-€4,387-€2,935▲ 33.1%
Financial income75/76B-€950--€0-
Recurring financial income75-€950--€0-
Non-recurring financial income76B-€950----
Financial charges65/66B-€374€711€1,992€301▼ 84.9%
Recurring financial charges65€130€374€711€281€159▼ 43.5%
Non-recurring financial charges66B---€1,712€142▼ 91.7%
Profit (loss) for the period before taxes9903-€13,951-€4,592-€20,827-€6,379-€3,236▲ 49.3%
Profit (loss) for the period9904-€13,951-€4,592-€20,827-€6,379-€3,236▲ 49.3%
Profit (loss) for the period to be appropriated9905-€13,951-€4,592-€20,827-€6,379-€3,236▲ 49.3%
Line20202021202220232024Change
Assets
Total assets20/58€9,593€14,548€13,264€6,661€7,817▲ 17.4%
Formation expenses20€519€346€173---
Fixed assets21/28€2,680€3,351€3,527€2,829€2,002▼ 29.2%
Tangible fixed assets22/27€2,680€3,351€3,527€2,829€2,002▼ 29.2%
Land and buildings22-€1,074€935€797€658▼ 17.4%
Plant, machinery and equipment23---€614€620▲ 0.8%
Furniture and vehicles24-€2,277€2,592€1,418€724▼ 48.9%
Current assets29/58€6,394€10,851€9,565€3,832€5,815▲ 51.8%
Stocks and contracts in progress3-€194€194€194€200▲ 2.9%
Stocks30/36-€194€194€194€200▲ 2.9%
Amounts receivable within one year40/41€240€30€121€28€31▲ 10.1%
Trade receivables40--€94---
Other amounts receivable41-€30€27€28€31▲ 10.1%
Cash at bank and in hand54/58€6,155€10,627€9,249€3,610€5,579▲ 54.5%
Deferred charges and accrued income490/1----€6-
Equity and liabilities
Total equity and liabilities10/49€9,593€14,548€13,264€6,661€7,817▲ 17.4%
Equity10/15-€22,713-€27,305-€48,132-€54,511-€57,747▼ 5.9%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10-€6,200€6,200€6,200€6,200=
Issued capital100-€18,600€18,600€18,600€18,600=
Uncalled capital101-€12,400€12,400€12,400€12,400=
Profit (loss) carried forward14-€28,913-€33,505-€54,332-€60,711-€63,947▼ 5.3%
Amounts payable17/49€32,306€41,853€61,396€61,172€65,564▲ 7.2%
Amounts payable within one year42/48€32,306€41,853€61,396€61,172€65,564▲ 7.2%
Trade debts44€767€398€628€8,093€3,267▼ 59.6%
Suppliers440/4-€398€628€8,093€3,267▼ 59.6%
Taxes, remuneration and social security45-€28,691€48,494€9,264€20,266▲ 119%
Taxes450/3-€2,525€4,241€2,545€3,908▲ 53.6%
Remuneration and social security454/9-€26,165€44,254€6,719€16,357▲ 143%
Other amounts payable47/48-€12,764€12,274€43,815€42,031▼ 4.1%
Line20202021202220232024Change
Profit (loss) for the period9904-€13,951-€4,592-€20,827-€6,379-€3,236▲ 49.3%
+ Depreciation and write-downs630€1,893€2,051€1,214€1,572€1,174▼ 25.3%
Operating cash flow (approximation)-€12,059-€2,541-€19,613-€4,808-€2,061▲ 57.1%
Investment in fixed assets (approximation)--€2,722-€1,390-€874-€347▲ 60.3%
Change in cash-€4,473-€1,378-€5,639€1,969▲ 135%

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

2025
02-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
21-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 52 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial Weakest financial yearnet -€20,827
Net result drops to -€20,827, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
10-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 132 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Herstal · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
100 m²
Building footprint
58 m²
Volume, LiDAR
520 m³
Parcel 62312A0624/00M008, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ODA
Rue Louis Demeuse 4, 4040 HerstalHairdressing
since 20192.283.071.182
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62312A0624/00M008 Wallonia 100 m² 1 · 58 m² 10.1 m · 3 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,734 companies in sector 96210 we hold annual accounts for 2,832. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0715964621
Also 9925:BE0715964621
Registered 30-06-2025

Register as of 27 September 2026 · Peppol Directory

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