ODAZ
ActiveSummary
ODAZ has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €621k and a net result of €31k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-3
Solvency69▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.9 in 2024; short-term debt: 56.3% and cash: 35.2% of total assets), but 56.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Travel agency, tour operator and other reservation service and related activities (NACE 79)
about 121% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.7%
Return on assets
2.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
on the day
2023
29 d early
2022
6 d early
2021
60 d late
2020
24 d late
2019
82 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€621k▲ 5.2%
2024 · €590k
Total assets
€1.42M▼ 2.2%
2024 · €1.45M
Net result
€31k▼ 52.0%
2024 · €64k
Working capital
€590k▼ 12.9%
2024 · €678k
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
Line20212022202320242025
Operating result€41k▲ 779%€50k▲ 22.6%€55k▲ 8.5%€90k▲ 65.1%€43k▼ 52.4%
Net result€27k▲ 709%€37k▲ 33.6%€36k▼ 0.4%€64k▲ 77.2%€31k▼ 52.0%
Equity€453k▲ 6.4%€489k▲ 8.1%€526k▲ 7.4%€590k▲ 12.3%€621k▲ 5.2%
Total assets€1.05M▼ 6.4%€742k▼ 29.2%€1.28M▲ 72.6%€1.45M▲ 13.4%€1.42M▼ 2.2%
Debt€596k▼ 14.3%€253k▼ 57.6%€756k▲ 199%€863k▲ 14.3%€800k▼ 7.3%
Working capital€452k▲ 6.1%€472k▲ 4.3%€500k▲ 6.1%€678k▲ 35.4%€590k▼ 12.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets
€31k ▲ 62.6%
Current assets
€1.39M ▼ 3.1%
Equity and liabilities €1.42M
Equity
€621k ▲ 5.2%
Debt
€800k ▼ 7.3%
Debt's share of the balance-sheet total falls from 59.4% to 56.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▼
2024 · €102k
Cash flow
€39k▼
2024 · €76k
Current ratio
1.74▼
2024 · 1.90
Debt to equity
1.29▼
2024 · 1.46
ROE
5.0%▼
2024 · 10.9%
ROA
2.2%▼
2024 · 4.4%
Interest coverage
117.01▼
2024 · 340.46
Debt ≤ 1 year
€800k▲
2024 · €757k
Income taxes
€16k▼
2024 · €31k
Staff costs
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €874 | €868 | €960 | - | €2k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €10k | €13k | €12k | €8k | ▼ 31.1% |
| Other operating charges640/8 | €841 | €1k | €1k | €571 | €651 | ▲ 14.0% |
| Non-recurring operating charges66A | - | - | - | - | €2k | - |
| Gross operating margin9900 | €45k | €63k | €70k | €103k | €56k | ▼ 45.8% |
| Operating profit (loss)9901 | €41k | €50k | €55k | €90k | €43k | ▼ 52.4% |
| Financial income75/76B | - | - | €265 | €5k | €4k | ▼ 23.6% |
| Recurring financial income75 | - | - | €265 | €5k | €4k | ▼ 23.6% |
| Financial charges65/66B | €222 | €258 | €314 | €299 | €436 | ▲ 45.6% |
| Recurring financial charges65 | €222 | €258 | €314 | €299 | €436 | ▲ 45.6% |
| Profit (loss) for the period before taxes9903 | €41k | €50k | €55k | €95k | €46k | ▼ 51.2% |
| Income taxes67/77 | €14k | €14k | €18k | €31k | €16k | ▼ 49.4% |
| Profit (loss) for the period9904 | €27k | €37k | €36k | €64k | €31k | ▼ 52.0% |
| Profit (loss) for the period to be appropriated9905 | €27k | €37k | €36k | €64k | €31k | ▼ 52.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.05M | €742k | €1.28M | €1.45M | €1.42M | ▼ 2.2% |
| Fixed assets21/28 | €7k | €44k | €31k | €19k | €31k | ▲ 62.6% |
| Tangible fixed assets22/27 | €6k | €43k | €30k | €18k | €30k | ▲ 65.4% |
| Plant, machinery and equipment23 | €2k | €5k | €3k | €2k | €21k | ▲ 964% |
| Furniture and vehicles24 | €4k | €36k | €26k | €16k | €9k | ▼ 44.0% |
| Other tangible fixed assets26 | - | €2k | €838 | - | - | - |
| Financial fixed assets28 | €843 | €843 | €843 | €843 | €843 | = |
| Current assets29/58 | €1.04M | €699k | €1.25M | €1.43M | €1.39M | ▼ 3.1% |
| Amounts receivable within one year40/41 | €852k | €512k | €587k | €153k | €888k | ▲ 480% |
| Trade receivables40 | €841k | €509k | €585k | €151k | €886k | ▲ 488% |
| Other amounts receivable41 | €11k | €2k | €2k | €2k | €2k | ▼ 12.1% |
| Cash at bank and in hand54/58 | €190k | €187k | €663k | €1.11M | €500k | ▼ 54.8% |
| Deferred charges and accrued income490/1 | €55 | €593 | €672 | €173k | €2k | ▼ 99.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.05M | €742k | €1.28M | €1.45M | €1.42M | ▼ 2.2% |
| Equity10/15 | €453k | €489k | €526k | €590k | €621k | ▲ 5.2% |
| Contributions10/11 | €31k | €31k | €31k | €31k | €31k | = |
| Outside capital11 | €31k | €31k | €31k | - | - | - |
| Other1109/19 | €31k | €31k | €31k | - | - | - |
| Reserves13 | €164k | €201k | €237k | €302k | €332k | ▲ 10.3% |
| Non-distributable reserves130/1 | €4k | €4k | €4k | €4k | €4k | = |
| Reserves not available under the articles1311 | €4k | €4k | €4k | €4k | €4k | = |
| Distributable reserves133 | €160k | €197k | €233k | €298k | €329k | ▲ 10.4% |
| Profit (loss) carried forward14 | €258k | €258k | €258k | €258k | €258k | = |
| Amounts payable17/49 | €596k | €253k | €756k | €863k | €800k | ▼ 7.3% |
| Amounts payable within one year42/48 | €590k | €227k | €750k | €757k | €800k | ▲ 5.8% |
| Trade debts44 | €576k | €169k | €731k | €729k | €732k | ▲ 0.3% |
| Suppliers440/4 | €576k | €169k | €731k | €729k | €732k | ▲ 0.3% |
| Advances received on contracts in progress46 | - | €206 | €365 | - | €2k | - |
| Taxes, remuneration and social security45 | €14k | €58k | €18k | €27k | €67k | ▲ 145% |
| Taxes450/3 | €14k | €58k | €18k | €27k | €67k | ▲ 145% |
| Accrued charges and deferred income492/3 | €6k | €26k | €5k | €107k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €37k | €36k | €64k | €31k | ▼ 52.0% |
| + Depreciation and write-downs630 | €2k | €10k | €13k | €12k | €8k | ▼ 31.1% |
| Operating cash flow (approximation) | €29k | €47k | €49k | €76k | €39k | ▼ 48.8% |
| Investment in fixed assets (approximation) | - | €-46k | €0 | €0 | €-20k | - |
| Change in cash | - | €-3k | €476k | €445k | €-607k | ▼ 236% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 14/07/2026
- Registered-office move, Polbroek 89 C, 9520 Sint-Lievens-Houtem
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €64k ▲77.2%
Operating result €90k, net result €64k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €526k ▲7.4%
6 profitable years in a row build equity to €526k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 82 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼11.7%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 56 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Lievens-Houtem · 1 establishment unit since 2000
Ground area
887 m²
Building footprint
208 m²
Volume, LiDAR
924 m³
Parcel 41063C0470/00A000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ODAZ
since 20002.069.481.439
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41063C0470/00A000 | Flanders | 887 m² | 1 · 208 m² | 10.1 m · 1 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.
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Of 1,438 companies in sector 79110 we hold annual accounts for 881. 609 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-08-1994
Fiscal year end31-12
Activities, NACEBEL 2025
79110Travel agency activities
73110Advertising agencies
73120Media representation
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.