ODALCO
ActiveThe computed 12-month bankruptcy probability of ODALCO is 3.2% (moderate). The 2025 annual accounts show negative equity (€-172k) and a net result of €-117k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2176 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
16
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-26
Solvency0▼-18
Growth32=
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.95 against 2.39 in 2024; short-term debt: 104.6% and cash: 0.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-48.6%
Return on assets
-33.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-172k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 · 4 filingsDeviation from the deadline
2025
12 d late
2024
70 d late
2023
92 d late
2022
32 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-172k▼ 215%
2024 · €-55k
2022: €4k
2023: €-16k
2024: €-55k
2022 → 2025
Total assets
€354k▼ 57.0%
2024 · €823k
2022: €490k
2023: €576k
2024: €823k
2022 → 2025
Net result
€-117k▼ 200%
2024 · €-39k
2022: €-4k
2023: €-19k
2024: €-39k
2022 → 2025
Working capital
€-18k
2024 · €477k
2022: €332k
2023: €312k
2024: €477k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€4k-€-16k€-55k▼ 250%€-172k▼ 215%
Operating result€-4k-€1k€-10k€-99k▼ 894%
Net result€-4k-€-19k▼ 332%€-39k▼ 104%€-117k▼ 200%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €99k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €354k
Fixed assets
€2k=
Current assets
€352k▼ 57.2%
Key figures and ratios
Solvency
-48.6%▼
2024 · -6.6%
Current ratio
0.95▼
2024 · 2.39
Quick ratio
0.14▼
2024 · 0.20
Debt / equity
-3.06▲
2024 · -16.07
ROA
-33.1%▼
2024 · -4.7%
Debt
€525k▼
2024 · €877k
Debt ≤ 1 year
€370k▲
2024 · €343k
Debt > 1 year
€156k▼
2024 · €534k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€823k€354k▼
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€821k€352k▼
Stocks and contracts in progress3€750k€300k▼
Stocks30/36€750k€300k▼
Amounts receivable within one year40/41€50k€49k▼
Trade receivables40€47k€47k=
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€20k€3k▼
Deferred charges and accrued income490/1€337-
Equity and liabilities
Total equity and liabilities10/49€823k€354k▼
Equity10/15€-55k€-172k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-63k€-180k▼
Amounts payable17/49€877k€525k▼
Amounts payable after more than one year17€534k€156k▼
Financial debts170/4€534k€156k▼
Amounts payable within one year42/48€343k€370k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€80€34▼
Taxes450/3€80€34▼
Other amounts payable47/48€339k€369k▲
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-9k€-98k▼
Operating profit (loss)9901€-10k€-99k▼
Financial income75/76B-€7
Recurring financial income75-€7
Financial charges65/66B€29k€18k▼
Recurring financial charges65€29k€18k▼
Profit (loss) for the period before taxes9903€-39k€-117k▼
Profit (loss) for the period9904€-39k€-117k▼
Profit (loss) for the period to be appropriated9905€-39k€-117k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-63k€-180k▼
Profit (loss) brought forward from the previous period14P€-24k€-63k▼
The notes to these accounts (10 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
31-12
Financial
Weakest financial yearnet €-117k
Net result drops to €-117k, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 70 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schoten · 1 establishment unit since 2021
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.
Lossingstraat 1462900 SchotenGround area
516 m²
Building footprint
419 m²
Volume, LiDAR
2,459 m³
Parcel 11442C0119/00H007, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ODALCO
since 20212.321.953.831
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0119/00H007 | Flanders | 515 m² | 1 · 418 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0755.531.515
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BE 0473.760.272
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MILJANA
BE 0787.163.611
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J-K RENOVATIE
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 5,194 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.