ODACE
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
ODACE has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98,644 and a net result of €45,020. Its solvency ranks better than 49% of 39,218 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 21-06-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Sint-Rochusstraat (DEN) 5, 9200 Dendermonde
- Activity
- Business and other management consultancy NACE 70200and 6 others
- Establishment unit
- 2.346.455.833 9200 Dendermonde, since 21-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €75,817
- ▲ 13.7%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €45,020
- ▼ 11.9%
- Equity
- €98,644
- ▲ 84.0%
- Total assets
- €180,084
- ▲ 122%
- Staff
- 0.3 FTE
Why 97raises riskFounded in 2023lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 2.35, cash €82,860Size: total assets €180,084Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro): better than 50% on solvency, 85% on liquidity, 69% on profitability and 87% on growth.
The bankruptcy probability was computed on 31-10-2026 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
This company filed its last 2 accounts on average 27 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 15-07-2026
- Format
- micro format
- Reference
- 2026-00318889
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 13% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 39,278 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €9,215 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,070 | €3,673 | ▲ 77.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,683 | - |
| Other operating charges640/8 | €314 | €787 | ▲ 150% |
| Non-recurring operating charges66A | - | €4,812 | - |
| Gross operating margin9900 | €66,699 | €75,817 | ▲ 13.7% |
| Operating profit (loss)9901 | €64,315 | €55,647 | ▼ 13.5% |
| Financial income75/76B | - | €191 | - |
| Recurring financial income75 | - | €191 | - |
| Financial charges65/66B | €207 | €476 | ▲ 130% |
| Recurring financial charges65 | €207 | €476 | ▲ 130% |
| Profit (loss) for the period before taxes9903 | €64,108 | €55,362 | ▼ 13.6% |
| Income taxes67/77 | €12,984 | €10,342 | ▼ 20.3% |
| Profit (loss) for the period9904 | €51,125 | €45,020 | ▼ 11.9% |
| Profit (loss) for the period to be appropriated9905 | €51,125 | €45,020 | ▼ 11.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €81,193 | €180,084 | ▲ 122% |
| Fixed assets21/28 | €21,988 | €80,416 | ▲ 266% |
| Tangible fixed assets22/27 | €21,988 | €71,666 | ▲ 226% |
| Plant, machinery and equipment23 | €2,454 | €3,541 | ▲ 44.3% |
| Furniture and vehicles24 | €19,534 | €68,124 | ▲ 249% |
| Financial fixed assets28 | - | €8,750 | - |
| Current assets29/58 | €59,206 | €99,669 | ▲ 68.3% |
| Amounts receivable within one year40/41 | €10,499 | €12,488 | ▲ 18.9% |
| Trade receivables40 | €10,499 | €11,197 | ▲ 6.7% |
| Other amounts receivable41 | - | €1,290 | - |
| Cash at bank and in hand54/58 | €48,707 | €82,860 | ▲ 70.1% |
| Deferred charges and accrued income490/1 | - | €4,321 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €81,193 | €180,084 | ▲ 122% |
| Equity10/15 | €53,625 | €98,644 | ▲ 84.0% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €51,125 | €96,144 | ▲ 88.1% |
| Amounts payable17/49 | €27,569 | €81,440 | ▲ 195% |
| Amounts payable after more than one year17 | - | €39,077 | - |
| Financial debts170/4 | - | €39,077 | - |
| Amounts payable within one year42/48 | €27,569 | €42,363 | ▲ 53.7% |
| Current portion of amounts payable after more than one year42 | - | €9,390 | - |
| Trade debts44 | €1,726 | €12,253 | ▲ 610% |
| Suppliers440/4 | €1,726 | €12,253 | ▲ 610% |
| Taxes, remuneration and social security45 | €20,316 | €15,614 | ▼ 23.1% |
| Taxes450/3 | €16,739 | €10,725 | ▼ 35.9% |
| Remuneration and social security454/9 | €3,577 | €4,889 | ▲ 36.7% |
| Other amounts payable47/48 | €5,526 | €5,106 | ▼ 7.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €51,125 | €45,020 | ▼ 11.9% |
| + Depreciation and write-downs630 | €2,070 | €3,673 | ▲ 77.4% |
| Operating cash flow (approximation) | €53,194 | €48,693 | ▼ 8.5% |
| Investment in fixed assets (approximation) | - | -€62,101 | - |
| Change in cash | - | €34,153 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 · 1 entry · €959 awarded · €959 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| NIYONSENGA IRAHOZA Pacifique |
|
How the board is organised
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt aantal,duur opdracht en,indien meerdere,bevoegdheid, benoemd met of zonder beperking van duur”
Articles of association, deed of 23-06-2023 (in Dutch)
Owners and capital
Capital and shareholders
- NIYONSENGA IRAHOZA Pacifique 25 shares (100%) · €2,500
- 23-06-2023 Incorporation · €2,500 · 25 shares
Shares according to the articles of association
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, gelijk recht in winstverdeling en vereffeningsaldo”
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- 2 more provisions in the deed, see the deed of 23-06-2023
Articles of association, deed of 23-06-2023 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
23-06
Gazette deed
IncorporationAppointment: NIYONSENGA IRAHOZA Pacifique (director) · Founder · Founding capital8 facts ▸
- Incorporation, “ODACE” (deed in Dutch)
- Founder, NIYONSENGA IRAHOZA Pacifique (oprichter comparant)
- Other provision, “financieel plan, verantwoording bedrag aanvangsvermogen” (deed in Dutch)
- Founding capital, €2,500
- Bank account, “bijzondere rekening geopend namens vennootschap in oprichting”, 2500 (deed in Dutch)
- Registered office clause, “9200 Dendermonde,Sint-Rochusstraat 5 bus 6” (deed in Dutch)
- Board rule, 1
- Director appointment, NIYONSENGA IRAHOZA Pacifique (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0802.992.922
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Algemene bouwwerken en aannemingen; Projectontwikkeling; Veiligheidscoördinatie van projecten”
3 activities
- Algemene bouwwerken en aannemingen
- Projectontwikkeling
- Veiligheidscoördinatie van projecten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ODACE
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 20:00
Articles of association, deed of 23-06-2023 (in Dutch)
Recognitions · licences · registrations
Recognised contractor
2 categories- D General building contractsclass 1, up to €162,000
- D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42006D0107/00M000 | Flanders | 433 m² | 1 · 104 m² | 12.7 m · 4 |