ODE
ActiveSummary
The annual accounts of ODE for fiscal year 2025 show a net loss of 60% of the equity at the start of that year. The 2025 annual accounts show equity of €18,067 and a net result of -€27,081. Equity is shrinking by ~43.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 37% of 14173 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency40▼-60
Growth58=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.99 against 7.68 in 2024; short-term debt: 85.3% and cash: 7.6% of total assets), and 85.3% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
14.7%
Return on assets
-22.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€27,081
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 18-07-2026, 13 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
13 d early
2024
41 d early
2023
20 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€18,067▼ 60.0%
2024 · €45,148
Total assets
€122,613▲ 162%
2024 · €46,749
Net result
-€27,081▼ 116%
2024 · -€12,550
Working capital
-€1,289
2024 · €10,704
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
Line202320242025
Operating result-€42,011--€12,217▲ 70.9%-€24,402▼ 99.7%
Net result-€42,303--€12,550▲ 70.3%-€27,081▼ 116%
Equity€57,697-€45,148▼ 21.8%€18,067▼ 60.0%
Total assets€73,527-€46,749▼ 36.4%€122,613▲ 162%
Debt€15,830-€1,601▼ 89.9%€104,546▲ 6,429%
Working capital€12,665-€10,704▼ 15.5%-€1,289
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24,402 in 2025 against €12,217 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122,613
Fixed assets
€19,356 ▼ 43.8%
Current assets
€103,257 ▲ 739%
Equity and liabilities €122,613
Equity
€18,067 ▼ 60.0%
Debt
€104,546 ▲ 6,429%
Debt's share of the balance-sheet total rises from 3.4% to 85.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€13,813▼
2024 · -€1,628
Cash flow
-€16,492▼
2024 · -€1,961
Current ratio
0.99▼
2024 · 7.68
Debt to equity
5.79▲
2024 · 0.04
ROE
-149.9%▼
2024 · -27.8%
ROA
-22.1%▲
2024 · -26.8%
Interest coverage
-5.16▼
2024 · -4.84
Debt ≤ 1 year
€104,546▲
2024 · €1,601
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,897 | €10,588 | €10,588 | = |
| Other operating charges640/8 | €1,224 | €5,443 | €2,027 | ▼ 62.8% |
| Non-recurring operating charges66A | - | - | €721 | - |
| Gross operating margin9900 | -€29,890 | €3,815 | -€11,065 | ▼ 390% |
| Operating profit (loss)9901 | -€42,011 | -€12,217 | -€24,402 | ▼ 99.7% |
| Financial income75/76B | €0 | €4 | - | - |
| Recurring financial income75 | €0 | €4 | - | - |
| Financial charges65/66B | €292 | €337 | €2,679 | ▲ 696% |
| Recurring financial charges65 | €292 | €337 | €2,679 | ▲ 696% |
| Profit (loss) for the period before taxes9903 | -€42,303 | -€12,550 | -€27,081 | ▼ 116% |
| Profit (loss) for the period9904 | -€42,303 | -€12,550 | -€27,081 | ▼ 116% |
| Profit (loss) for the period to be appropriated9905 | -€42,303 | -€12,550 | -€27,081 | ▼ 116% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €73,527 | €46,749 | €122,613 | ▲ 162% |
| Fixed assets21/28 | €45,032 | €34,444 | €19,356 | ▼ 43.8% |
| Tangible fixed assets22/27 | €40,532 | €29,944 | €19,356 | ▼ 35.4% |
| Plant, machinery and equipment23 | €30,558 | €22,890 | €15,222 | ▼ 33.5% |
| Furniture and vehicles24 | €4,322 | €2,639 | €955 | ▼ 63.8% |
| Other tangible fixed assets26 | €5,653 | €4,415 | €3,178 | ▼ 28.0% |
| Financial fixed assets28 | €4,500 | €4,500 | - | - |
| Current assets29/58 | €28,495 | €12,305 | €103,257 | ▲ 739% |
| Amounts receivable within one year40/41 | €24,147 | €4,693 | €93,985 | ▲ 1,903% |
| Trade receivables40 | €21,214 | €4,648 | €92,512 | ▲ 1,890% |
| Other amounts receivable41 | €2,933 | €45 | €1,473 | ▲ 3,182% |
| Cash at bank and in hand54/58 | €4,347 | €7,381 | €9,273 | ▲ 25.6% |
| Deferred charges and accrued income490/1 | - | €230 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €73,527 | €46,749 | €122,613 | ▲ 162% |
| Equity10/15 | €57,697 | €45,148 | €18,067 | ▼ 60.0% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€42,303 | -€54,853 | -€81,933 | ▼ 49.4% |
| Amounts payable17/49 | €15,830 | €1,601 | €104,546 | ▲ 6,429% |
| Amounts payable within one year42/48 | €15,830 | €1,601 | €104,546 | ▲ 6,429% |
| Trade debts44 | €15,608 | €1,041 | €3,550 | ▲ 241% |
| Suppliers440/4 | €15,608 | €1,041 | €3,550 | ▲ 241% |
| Other amounts payable47/48 | €222 | €560 | €100,996 | ▲ 17,944% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€42,303 | -€12,550 | -€27,081 | ▼ 116% |
| + Depreciation and write-downs630 | €10,897 | €10,588 | €10,588 | = |
| Operating cash flow (approximation) | -€31,406 | -€1,961 | -€16,492 | ▼ 741% |
| Investment in fixed assets (approximation) | - | €0 | €4,500 | - |
| Change in cash | - | €3,034 | €1,892 | ▼ 37.6% |
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
18-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 7.68
Current ratio from 1.80 to 7.68; short-term debt falls from €15,830 to €1,601.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2022
Ground area
4,235 m²
Building footprint
749 m²
Volume, LiDAR
3,867 m³
2 parcels, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ODE
since 20222.336.511.848
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56058C0746/00B002 | Wallonia | 2,164 m² | 1 · 160 m² | 8.5 m · 2 fl. |
| 52041A0418/00N000 | Wallonia | 2,071 m² | 1 · 588 m² | 8.1 m · 2 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.
Similar companies · same sector, comparable size
Cirrus Consulting
BE 0755.676.223
Overijse · Eq €18,037
FIZ TRADE
BE 0456.236.530
Antwerpen · Eq €17,998
The Lab
BE 0762.939.840
Mechelen · Eq €18,169
Dental 3
BE 0786.912.597
Sint-Jans-Molenbeek · Eq €18,169
FAST INVEST
BE 1026.718.868
Brussel · Eq €18,196
Of 12,041 companies in sector 68203 we hold annual accounts for 5,994. 2,004 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
Founded27-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
63920Other information service activities
74999Other professional, scientific and technical activities
85510Sports and recreation education
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.