Equity
€3.7m ▲ 114%
Odegas has made a profit in every financial year since 2021.
Odegas
Lifetime
5 annual accounts with figures on one time axispeak €228,154 (2025)
€228,154▲ 5.7%
peak €2.0m (2025)
€2.0m▲ 510%
peak €3.7m (2025)
€3.7m▲ 114%
€957,035▼ 10.0%
peak 0 FTE (2023)
0 FTE
Board1 name since 2022
1 directorDemaître Sébastien
Documentsfilings and deeds
09-05-202683 days before the deadline
2025abbreviated format
Result from €329,278 to €2.0mEquity from €1.7m to €3.7mCash from €30,988 to €3.0m
Key points
from the 2025 annual accountsResult
€2.0m ▲ 510%
The result rose in 2025 from €329,278 to €2.0m.
Turnover
≈ €430,000 estimated
The abbreviated format states no turnover.
Investments
€197,217 11.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
19.82 was 4.65 in 2024
Short-term debts fell from €219,063 to €184,533.
Position in the sector
€2.0m
Higher net result than 95% of companies in legal and accounting. Sector median €95,106 · 4,118 companies.
Checked score
99
Excellent
Financially stronger than 93% of small companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 1,476 companies (NACE 69, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: 0.1%▲ +0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026highest value
06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Legal and accounting activities (NACE 69)
Size: total assets €4.7m
Liquidity: current ratio 19.82, cash €3.0m
Figures for financial year 2025 (filed on 09-05-2026)
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 69, small). It does better than 86% of them on solvency, 99% on liquidity, 94% on profitability and 95% on growth.
The bankruptcy probability was computed on 06-11-2026 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 very low class on 30-06-2025, 0.1% 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, 6,782 companies had the same profile as Odegas has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of Odegas itself: < 0.1% 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 6,782 companies, not a prediction for Odegas. 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
Credit of up to €370,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 19.82 (4.65 in 2024), above the usual 1.5. Short-term debt is 3.9% and cash 64.5% of total assets. 20.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 09-05-2026, 83 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
83 days early
2024
195 days early
2023
118 days early
2022
119 days early
2021
162 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 135 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% 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 3 April (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0750865221
Merger: ODE takes over VANDEM
Company renamed from ODE to Odegas · Capital increase of €20,000 to €95,000 · Capital from €75,000 to €95,000, 74 new shares · General meeting of 20-07-2023 · Gazette deed
Merger proposal: ODE takes over VANDEM
Gazette deed
Incorporation
Founders: DEMAÎTRE Sébastien François Ghislain (verschijner) and Margot Vandevoorde (verschijner) · Founding capital of €75,000, 100 shares · Appointment: DEMAÎTRE Sébastien François Ghislain (director) · published on 24-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Odegas Wortegem-Petegem | €4.7m | €228,154 | 79.7% | 0 |
| Holding AS Ghent | €3.1m | €196,263 | 29.5% | 0 |
| IBA Holding Westerlo | €5.3m | €273,403 | 27.8% | 0 |
| IMALI Brasschaat | €4.0m | €197,986 | 40.1% | 0 |
| 1713 Sint-Niklaas | €2.7m | €194,721 | 75.3% | 0 |
| MirFinances Chaumont-Gistoux | €4.6m | €293,631 | 36.6% | 0 |
| DRV HOLDING Namur | €2.5m | €421,291 | 37.7% | 0 |
These companies have the same main activity as Odegas: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €2.5m and €5.3m, founded between 2013 and 2023.
Official details
Source: KBO- Status
- Active since 22-07-2020Normal situation
- Activity
- Certified accountants and tax accountantsNACE 69201
- Establishment unit
- 2.305.507.5799790 Wortegem-Petegem, since 22-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 28-01-2026
Annual accounts 2025
- €4.7m▲ 67.3%
- Filing
- Filed on 09-05-2026, 83 days before the end of the filing period
Insights on Odegas
Odegas files the abbreviated format. That format states no turnover. The gross margin rose from €202,887 in 2021 to €228,154 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 Odegas
- What is the company number of Odegas?
- The company number of Odegas is 0750.865.221. The VAT number is the same number with BE in front: BE 0750.865.221.
- Where is Odegas based?
- The registered office is at Oudenaardseweg (W.-M.) 3A, 9790 Wortegem-Petegem.Company details
- What does Odegas do?
- According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
- What is the legal form of Odegas?
- Odegas is a public limited company (NV).
- When was Odegas founded?
- Odegas was founded on 22-07-2020.
- Is Odegas still active?
- Yes, Odegas is an active enterprise in the KBO register.
- What is the turnover of Odegas?
- The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €228,154 and 56 comparable companies (NACE 69201). It probably lies between €350,000 and €520,000.Financials
- Is Odegas profitable?
- In financial year 2025, Odegas made a profit of €2.0m.
- Where can I find the annual accounts of Odegas?
- Odegas filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Odegas due?
- Odegas must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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