ODBE
ActiveSummary
The computed 12-month bankruptcy probability of ODBE is 6.8% (elevated). The 2025 annual accounts show negative equity (-€394,027) and a net result of -€93,878. Equity is shrinking by ~66.9% per year across the filed fiscal years. Its solvency ranks better than 9% of 1099 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record92
Bankruptcy probability, 12 months
6.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.14 in 2024; short-term debt: 286.6% and cash: 16.1% of total assets), and equity is negative.
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-190.2%
Return on assets
-45.3%
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
1819202122232425
2018 to 2025 · latest year -€394,027
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 · 10 filingsDeviation from the deadline
2025
5 d late
2024
54 d late
2023
27 d late
2022
29 d late
2021
17 d late
2020
13 d late
2019
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
Checked, nothing found (1)
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. Usually files around 28 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€93,878▲ 18.8%
2024 · -€115,650
Working capital
-€454,772▲ 6.7%
2024 · -€487,419
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,047-€178,657-€51,809▲ 71.0%-€113,812▼ 120%-€93,076▲ 18.2%
Net result€9,677within the sector's middle half-€179,293below the sector's middle half-€55,450below the sector's middle half▲ 69.1%-€115,650below the sector's middle half▼ 109%-€93,878below the sector's middle half▲ 18.8%
Equity€50,243within the sector's middle half▲ 23.9%-€129,049below the sector's middle half-€184,499below the sector's middle half▼ 43.0%-€300,149below the sector's middle half▼ 62.7%-€394,027below the sector's middle half▼ 31.3%
Total assets€205,460within the sector's middle half▲ 106%€320,116within the sector's middle half▲ 55.8%€322,638within the sector's middle half▲ 0.8%€284,773within the sector's middle half▼ 11.7%€207,181within the sector's middle half▼ 27.2%
Debt€155,216▲ 163%€449,165▲ 189%€507,137▲ 12.9%€584,922▲ 15.3%€601,207▲ 2.8%
Working capital-€27,268within the sector's middle half▼ 130%-€262,652below the sector's middle half▼ 863%-€315,535below the sector's middle half▼ 20.1%-€487,419below the sector's middle half▼ 54.5%-€454,772below the sector's middle half▲ 6.7%
Solvency24.5%within the sector's middle half▼ 16.3pp-40.3%below the sector's middle half▼ 64.8pp-57.2%below the sector's middle half▼ 16.9pp-105.4%below the sector's middle half▼ 48.2pp-190.2%below the sector's middle half▼ 84.8pp
Current ratio0.82within the sector's middle half▲ 0.020.35below the sector's middle half▼ 0.470.34below the sector's middle half▼ 0.010.14below the sector's middle half▼ 0.210.23below the sector's middle half▲ 0.10
Return on assets (ROA)4.7%within the sector's middle half▲ 33.0pp-56.0%below the sector's middle half▼ 60.7pp-17.2%below the sector's middle half▲ 38.8pp-40.6%below the sector's middle half▼ 23.4pp-45.3%below the sector's middle half▼ 4.7pp
Staff (FTE)8.5within the sector's middle half▲ 13.3%8.5within the sector's middle half=9.9within the sector's middle half▲ 16.5%8.7within the sector's middle half▼ 12.1%5.6within the sector's middle half▼ 35.6%
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €93,076 in 2025 against €113,812 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207,181
Fixed assets
€68,259 ▼ 67.1%
Current assets
€138,922 ▲ 80.2%
Equity and liabilities
Equity-€394,027
Debt€601,207
Equity is negative: debt (€601,207) exceeds the balance-sheet total (€207,181).
Key figures and ratios
EBITDA
-€76,435▼
2024 · -€58,528
Cash flow
-€77,237▼
2024 · -€60,366
Quick ratio
0.21▲
2024 · 0.09
Interest coverage
-95.29▼
2024 · -31.34
Debt ≤ 1 year
€593,694▲
2024 · €564,529
Debt > 1 year
€7,513▼
2024 · €20,393
Staff costs
€243,603▼
2024 · €403,360
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 6.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% | 1.0% |
| 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% 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 6,906 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €250,800 | €507,520 | €452,902 | €403,360 | €243,603 | ▼ 39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,555 | €14,074 | €19,361 | €55,284 | €16,641 | ▼ 69.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €36,350 | - |
| Other operating charges640/8 | €2,344 | €3,239 | €5,705 | €507 | €1,122 | ▲ 121% |
| Non-recurring operating charges66A | - | - | - | - | €34,187 | - |
| Gross operating margin9900 | €271,747 | €346,176 | €426,158 | €345,339 | €238,826 | ▼ 30.8% |
| Operating profit (loss)9901 | €12,047 | -€178,657 | -€51,809 | -€113,812 | -€93,076 | ▲ 18.2% |
| Financial income75/76B | - | €1 | €0 | €30 | €1 | ▼ 98.2% |
| Recurring financial income75 | - | €1 | €0 | €30 | €1 | ▼ 98.2% |
| Financial charges65/66B | €2,370 | €637 | €3,640 | €1,868 | €802 | ▼ 57.1% |
| Recurring financial charges65 | €2,370 | €637 | €3,640 | €1,868 | €802 | ▼ 57.1% |
| Profit (loss) for the period before taxes9903 | €9,677 | -€179,293 | -€55,450 | -€115,650 | -€93,878 | ▲ 18.8% |
| Profit (loss) for the period9904 | €9,677 | -€179,293 | -€55,450 | -€115,650 | -€93,878 | ▲ 18.8% |
| Profit (loss) for the period to be appropriated9905 | €9,677 | -€179,293 | -€55,450 | -€115,650 | -€93,878 | ▲ 18.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €205,460 | €320,116 | €322,638 | €284,773 | €207,181 | ▼ 27.2% |
| Formation expenses20 | €12,800 | - | - | - | €0 | - |
| Fixed assets21/28 | €64,711 | €177,451 | €158,090 | €207,664 | €68,259 | ▼ 67.1% |
| Intangible fixed assets21 | - | €61,403 | €56,201 | €123,709 | €45,796 | ▼ 63.0% |
| Tangible fixed assets22/27 | €42,445 | €93,782 | €79,623 | €65,891 | €20,266 | ▼ 69.2% |
| Plant, machinery and equipment23 | - | €1,661 | €1,280 | €899 | €518 | ▼ 42.4% |
| Furniture and vehicles24 | €2,937 | €2,036 | €1,134 | €660 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €39,508 | €90,085 | €77,208 | €64,332 | €19,748 | ▼ 69.3% |
| Financial fixed assets28 | €22,266 | €22,266 | €22,266 | €18,063 | €2,197 | ▼ 87.8% |
| Current assets29/58 | €127,949 | €142,664 | €164,548 | €77,110 | €138,922 | ▲ 80.2% |
| Stocks and contracts in progress3 | €25,255 | €38,313 | €35,849 | €28,443 | €13,578 | ▼ 52.3% |
| Stocks30/36 | €25,255 | €38,313 | €35,849 | €28,443 | €13,578 | ▼ 52.3% |
| Amounts receivable within one year40/41 | €29,784 | €71,453 | €95,515 | €29,288 | €91,736 | ▲ 213% |
| Trade receivables40 | €26,948 | €68,111 | €94,770 | €28,196 | €58,787 | ▲ 108% |
| Other amounts receivable41 | €2,836 | €3,343 | €745 | €1,092 | €32,949 | ▲ 2,919% |
| Cash at bank and in hand54/58 | €71,307 | €24,636 | €30,363 | €18,453 | €33,441 | ▲ 81.2% |
| Deferred charges and accrued income490/1 | €1,602 | €8,261 | €2,821 | €925 | €167 | ▼ 82.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €205,460 | €320,116 | €322,638 | €284,773 | €207,181 | ▼ 27.2% |
| Equity10/15 | €50,243 | -€129,049 | -€184,499 | -€300,149 | -€394,027 | ▼ 31.3% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Capital10 | €19,000 | €19,000 | - | - | - | - |
| Issued capital100 | €19,000 | €19,000 | - | - | - | - |
| Outside capital11 | - | - | €19,000 | €19,000 | - | - |
| Other1109/19 | - | - | €19,000 | €19,000 | - | - |
| Reserves13 | €20,650 | €20,650 | €20,650 | €20,650 | €20,650 | = |
| Non-distributable reserves130/1 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Legal reserve130 | €1,900 | €1,900 | - | €1,900 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,900 | - |
| Other1319 | - | - | €1,900 | - | - | - |
| Tax-exempt reserves132 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Profit (loss) carried forward14 | €10,593 | -€168,699 | -€224,149 | -€339,799 | -€433,677 | ▼ 27.6% |
| Amounts payable17/49 | €155,216 | €449,165 | €507,137 | €584,922 | €601,207 | ▲ 2.8% |
| Amounts payable after more than one year17 | - | €43,849 | €27,054 | €20,393 | €7,513 | ▼ 63.2% |
| Financial debts170/4 | - | €43,849 | €27,054 | €20,393 | €7,513 | ▼ 63.2% |
| Amounts payable within one year42/48 | €155,216 | €405,316 | €480,083 | €564,529 | €593,694 | ▲ 5.2% |
| Current portion of amounts payable after more than one year42 | - | €28,485 | €16,795 | €11,649 | €11,649 | = |
| Trade debts44 | €23,303 | €133,410 | €179,361 | €206,586 | €200,384 | ▼ 3.0% |
| Suppliers440/4 | €23,303 | €133,410 | €179,361 | €206,586 | €200,384 | ▼ 3.0% |
| Taxes, remuneration and social security45 | €121,096 | €147,688 | €106,559 | €64,524 | €48,853 | ▼ 24.3% |
| Taxes450/3 | €73,564 | €84,387 | €88,428 | €39,428 | €36,633 | ▼ 7.1% |
| Remuneration and social security454/9 | €47,532 | €63,301 | €18,131 | €25,096 | €12,219 | ▼ 51.3% |
| Other amounts payable47/48 | €10,818 | €95,734 | €177,368 | €281,770 | €332,808 | ▲ 18.1% |
| Accrued charges and deferred income492/3 | - | €0 | €0 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,677 | -€179,293 | -€55,450 | -€115,650 | -€93,878 | ▲ 18.8% |
| + Depreciation and write-downs630 | €6,555 | €14,074 | €19,361 | €55,284 | €16,641 | ▼ 69.9% |
| Operating cash flow (approximation) | €16,233 | -€165,219 | -€36,088 | -€60,366 | -€77,237 | ▼ 27.9% |
| Investment in fixed assets (approximation) | - | -€126,814 | €0 | -€104,858 | €122,764 | ▲ 217% |
| Change in cash | - | -€46,671 | €5,727 | -€11,910 | €14,988 | ▲ 226% |
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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 54 days late
21-02
KBO administration
UBO non-compliance
event 10-02-2025
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet -€179,293
Net result drops to -€179,293, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 17 days late
2021
31-12
Financial
Back to profitnet €9,677
Net result €9,677 after 2 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 13 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 2 establishment units since 2015
Ground area
436 m²
Building footprint
181 m²
Volume, LiDAR
1,409 m³
2 parcels, Brussels, Wallonia · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
ODBE
since 20152.241.833.514
ATELIER DU SOURCIL
since 20212.317.229.634
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110A0363/00A000 | Wallonia | 264 m² | 1 · 81 m² | - |
| 21447B0220/00V003 | Brussels | 172 m² | 1 · 99 m² | 18.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,852 companies in this sector we hold annual accounts for 1,447. 96 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded24-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0628871685
Also
9925:BE0628871685
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.