Equity
€130,110 ▲ 33.8%
ODEngineering paid out €2,000 in dividends. That is 6% of the 2025 profit.
ODEngineering
Overview
Lifetime
3 annual accounts with figures on one time axispeak €108,409 (2024)
€63,724▼ 41.2%
peak €80,593 (2024)
€34,870▼ 56.7%
peak €130,110 (2025)
€130,110▲ 33.8%
€106,964▲ 27.3%
Board2 names since 2022
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Gross margin from €108,409 to €63,724Result from €80,593 to €34,870Dividend €2,000Equity from €97,240 to €130,110Debts from €84,030 to €106,964Investments €30,052
Key points
from the 2025 annual accountsTurnover
≈ €340,000 estimated
The micro format states no turnover.
Investments
€30,052 3.5 × depreciation
Green is investment, beige is depreciation.
Checked score
94
Excellent
Financially stronger than 78% of micro companies in wholesale trade (NACE 46)
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: 0.4% across 26,891 companies (NACE 46, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 1.0%▲ +0.1 percentage points vs 01-2025
03-2025: 0.9%▼ -0.1 percentage points vs 02-2025
04-2025: 1.0%▲ +0.1 percentage points vs 03-2025
05-2025: 1.5%▲ +0.5 percentage points vs 04-2025highest value
06-2025: 0.1%▼ -1.4 percentage points 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 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
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: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
lowers risk
Liquidity: current ratio 2.50, cash €118,526
Equity €130,110 (54.9% of total assets)
Figures for financial year 2025 (filed on 30-04-2026)
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 46, micro). It does better than 62% of them on solvency, 86% on liquidity, 82% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.
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, 39,278 companies had the same profile as ODEngineering has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ODEngineering itself is lower: 0.1% within 12 months. It rests on far more data about ODEngineering than the profile alone.
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 39,278 companies, not a prediction for ODEngineering. 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 €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.5 (2.28 in 2024), above the usual 1.5. Short-term debt is 33.8% and cash 50% of total assets. 45.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average on the deadline day. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Board and ownership
- DERKENNE Olivier Auguste Elisabeth Ghislain 65 sharesdeed of 22-11-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0793740607
Appointment: Jean-Marie Derkenne (director)
Gazette deed
Incorporation
Founding capital of €6,500, 65 shares · Founder: DERKENNE Olivier Auguste Elisabeth Ghislain · Appointment: DERKENNE Olivier Auguste Elisabeth Ghislain (director) · published on 22-11-2022 · Gazette deed
First establishment
Rue Baudrihaye 27, Soumagne
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ODEngineering Soumagne | €237,075 | €63,724 | 54.9% | - |
| RJM ENERGIES Herstal | €245,082 | €52,733 | 51.6% | 1 |
| A3 Group Heusden-Zolder | €162,996 | €66,221 | 51.0% | - |
| Gi.Bi.Di. BNL Willebroek | €226,214 | €68,900 | -11.3% | 0.9 |
| Ardosolar Ardooie | €342,451 | €64,238 | 6.9% | - |
| MaJor Green Solutions Mechelen | €209,208 | €116,273 | 25.4% | - |
| FOR ENERGY Anhée | €402,611 | €105,997 | 73.9% | - |
These companies have the same main activity as ODEngineering: wholesale of electrical equipment, including installation materials (NACE 46643). They are comparable in size and age: total assets between €163,000 and €403,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 18-11-2022Normal situation
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643and 4 others
- Establishment unit
- 2.338.108.4874630 Soumagne, since 18-11-2022
- Financial year end
- 30 September
- Peppol
- Reachable since 15-12-2025
Annual accounts to 30-09-2025
- €63,724▼ 41.2%
- €34,870▼ 56.7%
- €130,110▲ 33.8%
- €237,075▲ 30.8%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on ODEngineering
ODEngineering files the micro format. That format states no turnover. The gross margin rose from €23,097 in 2023 to €63,724 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-04-2026, on the day of the deadline€63,724
▼ 41.2%
€45,406
▼ 56.0%
€34,870
▼ 56.7%
€120,287
▲ 29.1%
54.9%
▲ 1.2 percentage points
2.50
▲ 0.22
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €340,000. Estimated: probably between €170,000 and €600,000.
Balance sheet
balance sheet total €237,075 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
54.9%
Higher than 62% of 13,805 companies in 2025.
2.50
Higher than 65% of 13,186 companies in 2025.
14.7%
Higher than 77% of 13,365 companies in 2025.
ODEngineering
Middle half of the sector
80% of the sector
Micro accounts in wholesale trade (NACE 46)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
237,075 | 181,270 | 98,976 | |
21/28 |
36,712 | 15,238 | 18,709 | |
22/27 |
36,712 | 15,238 | 18,709 | |
24 |
36,712 | 15,238 | 18,709 | |
29/58 |
200,363 | 166,033 | 80,267 | |
40/41 |
80,302 | 3,057 | 42,780 | |
40 |
71,554 | 1,371 | 42,780 | |
41 |
8,748 | 1,686 | - | |
54/58 |
118,526 | 162,433 | 37,046 | |
490/1 |
1,534 | 543 | 441 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
237,075 | 181,270 | 98,976 | |
10/15 |
130,110 | 97,240 | 19,147 | |
10/11 |
6,500 | 6,500 | 6,500 | |
13 |
12,647 | 12,647 | 12,647 | |
133 |
12,647 | 12,647 | 12,647 | |
14 |
110,963 | 78,093 | - | |
17/49 |
106,964 | 84,030 | 79,829 | |
17 |
25,244 | 11,114 | 15,475 | |
170/4 |
25,244 | 11,114 | 15,475 | |
42/48 |
80,075 | 72,850 | 56,072 | |
42 |
11,783 | 4,361 | 4,228 | |
44 |
50,369 | 39,693 | 29,036 | |
440/4 |
50,369 | 39,693 | 29,036 | |
45 |
14,812 | 26,297 | 7,499 | |
450/3 |
11,205 | 25,307 | 7,499 | |
454/9 |
3,606 | 989 | - | |
47/48 |
3,111 | 2,500 | 15,310 | |
492/3 |
1,646 | 66 | 8,281 | |
| Income statement | ||||
9900 |
63,724 | 108,409 | 23,097 | |
62 |
8,262 | - | - | |
630 |
8,577 | 4,488 | 3,400 | |
640/8 |
1,480 | 615 | 665 | |
9901 |
45,406 | 103,306 | 19,032 | |
75/76B |
771 | 444 | 53 | |
75 |
771 | 444 | 53 | |
65/66B |
1,516 | 1,037 | 1,010 | |
65 |
1,516 | 1,037 | 1,010 | |
9903 |
44,661 | 102,713 | 18,075 | |
67/77 |
9,790 | 22,121 | 5,428 | |
9904 |
34,870 | 80,593 | 12,647 | |
9905 |
34,870 | 80,593 | 12,647 | |
| Appropriation of the result | ||||
9906 |
112,963 | 80,593 | 12,647 | |
14P |
78,093 | - | - | |
691/2 |
- | - | 12,647 | |
6921 |
- | - | 12,647 | |
694/7 |
2,000 | 2,500 | - | |
694 |
2,000 | 2,500 | - | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 53,983 | 107,794 | 22,432 | ||
| 43,447 | 85,080 | 16,048 | ||
| 30,052 | 1,017 | 22,109 | ||
| -43,907 | 125,387 | - | ||
| 120,287 | 93,182 | 24,195 | ||
| 54.9% | 53.6% | 19.3% | ||
| 2.50 | 2.28 | 1.43 | ||
| 0.82 | 0.86 | 4.17 | ||
| 26.8% | 82.9% | 66.1% | ||
| 14.7% | 44.5% | 12.8% | ||
| 35.60 | over 100 | 22.20 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 |
|---|---|---|---|
| Tangible fixed assets | €30,052 | €1,017 | €22,109 |
| €8,577 | €4,488 | €3,400 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on ODEngineering
The operating result for 2025 is 56% lower than in 2024.
Debt's share of the balance-sheet total falls from 46.4% to 45.1%. Equity and debt are higher.
Board & ownership
Board
1 director, no change since 2023Director
since 18-11-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 30-04-2026
Mandates through the years
2 names, the dashed line is todayJean-Marie Derkenne
Director
Director
BoardEarlierend not dated
Mandates as a list
- DERKENNE Olivier Auguste Elisabeth Ghislain
- Director, from 18-11-2022 to date
- Jean-Marie Derkenne
- Director, appointed by deed of 25-09-2023, no longer listed in the 2025 annual accounts
Control
This company
ODEngineering
Equity €130,110
Profit €34,870 in 2025
Capital
- Contribution
- €6,500
- Shares
- 65
- Contribution per share
- €100
- Equity per share
- €2,002 in 2025
- Source
- deed of 22-11-2022
Articles of association
deed of 22-11-2022 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Mandat à un pair par procuration explicite, moitié au moins présente ou représentée”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of February at 18:00
Shareholders
At incorporation
deed of 22-11-2022 ↗
- DERKENNE Olivier Auguste Elisabeth Ghislain 65 shares (100%) · €6,500 · virement
Network & group
No group
ODEngineering has no parent and no holdings in its annual accounts. DERKENNE Olivier Auguste Elisabeth Ghislain is the only director. ODEngineering shares no director with another company.
Timeline
Timeline
9 events since 2022Board
Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · on the deadline day
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0793740607
Equity above €100,000 equity €130,110 ▲33.8% With a profit in every financial year since 2023, equity grows to €130,110.
Annual accounts 2024 filed PDFmicro format · on the deadline day
2024
Highest result from 2023 to 2025 net €80,593 ▲537% The operating result of €103,306 and the net result of €80,593 are both a record.
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
2023
Appointment: Jean-Marie Derkenne (director)1 point ▸
- Director appointment, Jean-Marie Derkenne
2022
IncorporationFounding capital of €6,500, 65 shares · Founder: DERKENNE Olivier Auguste Elisabeth Ghislain · Appointment: DERKENNE Olivier Auguste Elisabeth Ghislain (director) · published on 22-11-20225 points ▸
- Founder, DERKENNE Olivier Auguste Elisabeth Ghislain
- Founding capital, €6,500, 65 shares
- 65 shares
- Registered office clause, Rue Baudrihaye 27, 4630 Soumagne
- Director appointment, DERKENNE Olivier Auguste Elisabeth Ghislain
- The deed holds 9 more points.
First establishment Rue Baudrihaye 27, Soumagne
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
ODEngineering was incorporated on 18 November 2022 as a private limited company by one natural person, with a starting capital of €6,500.12 Since 2022, DERKENNE Olivier Auguste Elisabeth Ghislain has served as director.3 Total assets rose from €98,976 in 2023 to €237,075 in 2025.4
Company details
Identity
- Enterprise number
- 0793.740.607
- VAT number
- BE 0793.740.607
- Peppol ID
- 0208:0793740607
- Other Peppol ID
- 9925:BE0793740607
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-11-2022
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of February at 18:00deed of 22-11-2022 (in French)
- Peppol
- Reachable since 15-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ODEngineering in French
- Name in the Peppol Directory
- OD Engineering
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-11-2022 (in French)
Activities
NACEBEL 2025VAT activities
46643
Wholesale of electrical equipment, including installation materials main activity
62100
Computer programming
Social security (RSZ) activities
62100
Computer programming main activity
Codes under NACEBEL 2008
46693
Wholesale trade main activity
62010
Computer programming, consultancy and related activities
62020
IT consultancy
62090
Computer programming, consultancy and related activities
63110
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'exploitation d'un bureau d'études dans le domaine de l'automatisation industrielle, de la mécanique et de la robotique; L’offre de…”deed of 22-11-2022 (in French)
8 activities
- L'exploitation d'un bureau d'études dans le domaine de l'automatisation industrielle, de la mécanique et de la robotique
- L’offre de services liés à la conception, la fabrication, le développement, la maintenance, la vente et l’installation d’outils informatiques dans le domaine de l’automatisation industrielle
- L’offre de services de consultance et d'assistance technique dans les domaines de l'automatisation, de la mécanique, de l'électromécanique, de l'électricité et de l'informatique
- La modification, l'étude, la création et la mise en place de procédés industriels
- L'achat et la vente, en gros ou au détail, de tous composants et matériel électrique, mécanique et informatique
- L'organisation et la réalisation de formations, de séminaires
- L’étude, la planification, la coordination, la supervision, le suivi et la gestion de chantiers et projets dans ces domaines
- La promotion commerciale et la conception de tous produits, idées, matériaux quelconques et tous systèmes de production de matériaux
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue Baudrihaye 27 registered office 4630 Soumagne | 18-11-2022 | 2.338.108.487 |
Buildings and parcels at the address
- Ground area
- 2,153 m²
- Buildings
- 222 m²
- Volume, LiDAR
- 1,360 m³
- Tallest building
- 8.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62008C0110/00E000 | 2,153 m² | 1 · 222 m² | 8.3 m · 2 |