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ODEGEM

Active
Non-profit associationfounded 201214 years activeBaron Ruzettelaan 435, 8310 Brugge, BelgiumKBO/BCE: BE 0843.599.003
Summary

ODEGEM has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€17,116. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 95% of 11,011 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Real estate agency activities
NACE 68310
1 site
Size
€1.3mtotal assets 2025
Equity
€1.3m
Loss
-€17,116
Turnover not published (abridged schema)
Financial health
96 Excellent Checked score 2025
Bankruptcy probability, 12 months
< 0.1%
Structure
Board
2 members
Accounts 106 days early1 of 14 deeds read
Why 96+ Legal form Non-profit association+ Size: total assets €1.3m+ Equity €1.3m (99.5% of total assets)+ Figures for FY 2025 (filed 16-04-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 99.5% of total assets
Liquidity 66+2
short-term debt 0.5% · cash 12.6%
Profitability 67+67
return on assets -1.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged 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 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 24.6 against 9.04 in 2024; short-term debt: 0.5% and cash: 12.6% of total assets), and 0.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 77% on liquidity, 53% on profitability and 41% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
KBO
lowers risk · Size: total assets €1.3m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €1.3m (99.5% of total assets)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 16-04-2026)
NBB · annual accounts
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€17,116
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 16-04-2026, 106 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
106 days early
2024
105 days early
2023
119 days early
2022
103 days early
2021
102 days early
2020
129 days early
2019
39 days early
← 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 100 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. Usually files around 17 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Resignation: Serge Huyghe (director)Appointments: Damienne Cottens (director) and…
  3. Liquidity triplescurrent ratio 24.60

Key points

  • Risk: 8 loss-making years in a rowloss fiscal year 2025 -€17,116 View
  • Positive: Result rose in 2025from -€818,046 to -€17,116 ▲ 97.9% View
  • Positive: Among the best 5% on solvencysector median 31.3% · 11,011 companies 99.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • A director leftlatest change 16-01-2026 · 2 in office 1 left View

By topic

Financials

Fiscal year
2025
Total assets
€1.3m
Loss
-€17,116
Solvency
99.5%
Total assets▼ 2.0%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 17-04-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 03-04-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Real estate agency activitiesNACE 68310
Founded
13-02-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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