Equity
-€171,701
Debts exceed assets in financial year 2025.
ODALCO
Lifetime
4 annual accounts with figures on one time axispeak €2,302 (2023)
-€98,171▼ €89,298
lowest -€117,116 (2025)
-€117,116▼ €78,116
peak €3,569 (2022)
-€171,701▼ €117,116
€525,324▼ 40.1%
Board3 names since 2021
2 directorsVAN CAMP Odon Jacky Hubert Alain and 1 other
Documentsfilings and deeds
12-08-202612 days late
2025abbreviated format
Gross margin from -€8,874 to -€98,171Loss of €117,116Equity from -€54,585 to -€171,701Debts from €877,258 to €525,324Cash from €19,855 to €2,530
Key points
from the 2025 annual accountsLosses
-€179,701 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€525,324 149% of the balance sheet
Financial debts 30%Suppliers 0%Taxes and wages 0%Other 70%
€155,600 of the debts are secured on the company's own assets. In 2023 that was €330,000.
Liquidity
0.95 was 2.39 in 2024
Short-term debts rose from €343,258 to €369,724.
Filings
4 annual accounts 4 late
The 2023 accounts came latest: 92 days after the end of the period.
Position in the sector
-48.6%
Lower solvency than 95% of companies in construction of buildings. Sector median 38.6% · 2,816 companies.
Turnover not published (abbreviated format)
Checked score
32
Weak
Financially stronger than 3% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.2%
01-2025: 4.2%● unchanged vs 12-2024
02-2025: 4.2%● unchanged vs 01-2025
03-2025: 4.2%● unchanged vs 02-2025
04-2025: 4.2%● unchanged vs 03-2025
05-2025: 4.0%▼ -0.2 percentage points vs 04-2025
06-2025: 4.1%▲ +0.1 percentage points vs 05-2025
07-2025: 4.2%▲ +0.1 percentage points vs 06-2025
08-2025: 4.7%▲ +0.5 percentage points vs 07-2025
09-2025: 4.8%▲ +0.1 percentage points vs 08-2025
10-2025: 4.9%▲ +0.1 percentage points vs 09-2025
11-2025: 3.4%▼ -1.5 percentage points vs 10-2025lowest value
12-2025: 3.4%● unchanged vs 11-2025lowest value
01-2026: 3.4%● unchanged vs 12-2025
02-2026: 3.6%▲ +0.2 percentage points vs 01-2026
03-2026: 3.5%▼ -0.1 percentage points vs 02-2026
04-2026: 3.6%▲ +0.1 percentage points vs 03-2026
05-2026: 3.7%▲ +0.1 percentage points vs 04-2026
06-2026: 3.9%▲ +0.2 percentage points vs 05-2026
07-2026: 4.1%▲ +0.2 percentage points vs 06-2026
08-2026: 4.5%▲ +0.4 percentage points vs 07-2026
09-2026: 6.3%▲ +1.8 percentage points vs 08-2026
10-2026: 6.3%● unchanged vs 09-2026
11-2026: 6.5%▲ +0.2 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Last filed accounts filed 12 days late; 2 of the last 3 accounts late
Loss of €117,116, the second in a row (financial year 2025)
Negative equity -€171,701
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 3% of them on solvency, 3% on liquidity, 5% on profitability and 2% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as ODALCO has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ODALCO itself: 6.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for ODALCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.95 (2.39 in 2024), below 1. Short-term debt is 104.6% and cash 0.7% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
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 -€171,701
raises risk · 2025 accounts filed 12 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
12 days late
2024
70 days late
2023
92 days late
2022
32 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 52 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 September (3 of the last 4 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- KERREMANS, Danny Eugène Augusta 30 sharesdeed of 13-09-2021
- WILLEMS Alain 30 sharesdeed of 13-09-2021
- VAN CAMP Odon Jacky Hubert Alain 30 sharesdeed of 13-09-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0773714857
Resignation: Danny Kerremans (director)
Director discharge: Danny Kerremans · General meeting of 05-01-2024 · Gazette deed
Incorporation
Founding capital of €8,000, 90 shares · Founders: KERREMANS, Danny Eugène Augusta; WILLEMS Alain; VAN CAMP Odon Jacky Hubert Alain · Appointments: KERREMANS, Danny Eugène Augusta; WILLEMS Alain and VAN CAMP Odon Jacky Hubert Alain · published on 13-09-2021 · Gazette deed
First establishment
Damhertenlaan 34, Schilde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ODALCO Schoten | €353,623 | -€98,171 | -48.6% | - |
| SAM@HOME&RENOVATION Antwerp | €323,583 | -€73,927 | 9.5% | - |
| ATOOM WONINGEN Heist-op-den-Berg | €390,711 | -€3,984 | 0.5% | - |
| NOVATEC Antwerp | €285,103 | -€18,366 | 1.1% | - |
| GLK INVEST Herve | €338,406 | -€59,495 | 21.8% | - |
| L&T Wavre | €369,844 | -€101,236 | -26.5% | - |
| ALBETON CONSTRUCTION Aarschot | €378,161 | -€33,196 | -11.7% | 0.3 |
These companies have the same main activity as ODALCO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €285,000 and €391,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 09-09-2021Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.321.953.8312970 Schilde, since 09-09-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 09-07-2025
Insights on ODALCO
ODALCO files the abbreviated format. That format states no turnover. The gross margin fell from -€836 in 2022 to -€98,171 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ODALCO
- What is the company number of ODALCO?
- The company number of ODALCO is 0773.714.857. The VAT number is the same number with BE in front: BE 0773.714.857.
- Where is ODALCO based?
- The registered office is at Lossingstraat 146, 2900 Schoten.Company details
- What does ODALCO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of ODALCO?
- ODALCO is a private limited company (BV).
- When was ODALCO founded?
- ODALCO was founded on 09-09-2021.
- Is ODALCO still active?
- Yes, ODALCO is an active enterprise in the KBO register.
- What is the turnover of ODALCO?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is ODALCO profitable?
- In financial year 2025, ODALCO made a loss of €117,116.
- Where can I find the annual accounts of ODALCO?
- ODALCO filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ODALCO due?
- ODALCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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