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BE 0501.884.037Private limited company (pre-2019)Open bankruptcy
ODAR & CO
· 13 yrs active
Conclusion
A bankruptcy procedure is open for ODAR & CO according to publications in the Belgian State Gazette. The 2018 annual accounts show negative equity (€-34k) and a net result of €-41k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €-34k |
| Net result | €-41k |
| Staff (FTE) | 11.8 |
| Active | 13 yrs |
Snowflake analysis
33
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
100
Solvency
14
Growth
50
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-10-2019 with the NBB · fiscal year 2018 · verkort
| Fiscal year | 2018 |
|---|---|
| Revenue | - |
| EBITDA | €15k |
| Net profit | €-41k |
| Cash flow | €-37k |
| Staff costs | - |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €346k |
| Equity | €-34k |
| Debt | €381k |
| of which ≤ 1y | €381k |
| of which > 1y | - |
| Working capital | €-38k |
| Employees (FTE) | 11.8 |
Ratios (computed)
| 2018 | |
|---|---|
| Current ratio | 0.90 |
| Quick ratio | 0.90 |
| Working capital ratio | -11.0% |
| Solvency | -9.9% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -11.7% |
| ROE | 118.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2018
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2018 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €346k |
| Fixed assets | 21/28 | €4k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €343k |
| Amounts receivable within one year | 40/41 | €338k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €346k |
| Equity | 10/15 | €-34k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-41k |
| Amounts payable | 17/49 | €381k |
| Amounts payable within one year | 42/48 | €381k |
| Trade debts payable within one year | 44 | €319k |
| Income statement | ||
| Gross operating margin | 9900 | €280k |
| Operating result | 9901 | €12k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €9k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Dirk DE MAESENEER PEGASUSLAAN 5, 1831 DIEGEM- |
11-01-2022 → present | Belgian State Gazette |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 11-12-2012 |
| Status | Active |
| Postal code | - |
| First BS signal | 17-01-2022 |
| Latest BS signal | 17-01-2022 |
Company structure, linked entities
Mandates
Establishment units
Establishment
since 20122.215.361.521
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12409C0099/00R003 | Flanders | 1,515 m² | - | - |
| 21005A0542/00B006 | Brussels | 325 m² | 1 · 129 m² | 17.0 m · 5 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2022
17-01-2022
Bankruptcy
Opening
2019
29-10-2019
NBB filing
Annual accounts filed
2018
28-11-2018
NBB filing
Annual accounts filed
2017
08-11-2017
NBB filing
Annual accounts filed
2016
20-07-2016
NBB filing
Annual accounts filed
2015
30-09-2015
NBB filing
Annual accounts filed
2014
03-09-2014
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
17-01-2022
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Names & trade names
| Legal nameNL | ODAR & CO |
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.