ODEON
ActiveSummary
ODEON has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140,192 and a net result of €15,091. Equity is growing by ~19.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 5.11 against 6.47 in 2024; short-term debt: 13.5% and cash: 57.8% of total assets), and 18.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.2%
Return on assets
8.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
53 d late
2023
23 d late
2022
27 d early
2021
4 d late
2020
2 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 16 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
28-09-2026 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 check 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 Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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, abbreviated schema
Equity
€140,192▲ 12.1%
2024 · €125,100
Total assets
€172,718▲ 12.4%
2024 · €153,673
Net result
€15,091▼ 7.9%
2024 · €16,392
Working capital
€95,931▲ 36.2%
2024 · €70,447
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
Line20212022202320242025
Operating result€7,643▼ 78.7%-€2,411€33,694€19,957▼ 40.8%€24,282▲ 21.7%
Net result€6,205▼ 81.6%-€3,832€32,198€16,392▼ 49.1%€15,091▼ 7.9%
Equity€80,342▲ 8.4%€76,510▼ 4.8%€108,708▲ 42.1%€125,100▲ 15.1%€140,192▲ 12.1%
Total assets€100,124▼ 0.1%€94,089▼ 6.0%€118,783▲ 26.2%€153,673▲ 29.4%€172,718▲ 12.4%
Debt€19,781▼ 24.2%€17,578▼ 11.1%€10,075▼ 42.7%€28,572▲ 184%€32,526▲ 13.8%
Working capital€47,517▼ 25.9%€50,734▲ 6.8%€83,963▲ 65.5%€70,447▼ 16.1%€95,931▲ 36.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 22% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172,718
Fixed assets
€53,442 ▼ 24.0%
Current assets
€119,276 ▲ 43.1%
Equity and liabilities €172,718
Equity
€140,192 ▲ 12.1%
Debt
€32,526 ▲ 13.8%
Debt's share of the balance-sheet total rises from 18.6% to 18.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41,279▲
2024 · €31,298
Cash flow
€32,089▲
2024 · €27,733
Current ratio
5.11▼
2024 · 6.47
Quick ratio
5.06▼
2024 · 6.39
Debt to equity
0.23▲
2024 · 0.23
ROE
10.8%▼
2024 · 13.1%
ROA
8.7%▼
2024 · 10.7%
Interest coverage
12.67▲
2024 · 11.47
Debt ≤ 1 year
€23,345▲
2024 · €12,886
Debt > 1 year
€7,068▼
2024 · €13,573
Income taxes
€6,859▲
2024 · €1,775
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11,643 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,055 | €11,705 | €13,044 | €11,341 | €16,997 | ▲ 49.9% |
| Other operating charges640/8 | €11,078 | €10,616 | €3,131 | €5,186 | €1,663 | ▼ 67.9% |
| Gross operating margin9900 | €28,776 | €19,910 | €49,869 | €36,484 | €42,942 | ▲ 17.7% |
| Operating profit (loss)9901 | €7,643 | -€2,411 | €33,694 | €19,957 | €24,282 | ▲ 21.7% |
| Financial income75/76B | €213 | €432 | €540 | €938 | €926 | ▼ 1.2% |
| Recurring financial income75 | €213 | €432 | €540 | €938 | €926 | ▼ 1.2% |
| Financial charges65/66B | €1,417 | €1,598 | €1,782 | €2,728 | €3,257 | ▲ 19.4% |
| Recurring financial charges65 | €1,417 | €1,598 | €1,782 | €2,728 | €3,257 | ▲ 19.4% |
| Profit (loss) for the period before taxes9903 | €6,439 | -€3,577 | €32,452 | €18,167 | €21,951 | ▲ 20.8% |
| Income taxes67/77 | €234 | €255 | €254 | €1,775 | €6,859 | ▲ 287% |
| Profit (loss) for the period9904 | €6,205 | -€3,832 | €32,198 | €16,392 | €15,091 | ▼ 7.9% |
| Profit (loss) for the period to be appropriated9905 | €6,205 | -€3,832 | €32,198 | €16,392 | €15,091 | ▼ 7.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100,124 | €94,089 | €118,783 | €153,673 | €172,718 | ▲ 12.4% |
| Fixed assets21/28 | €45,534 | €34,329 | €29,062 | €70,340 | €53,442 | ▼ 24.0% |
| Tangible fixed assets22/27 | €45,334 | €33,629 | €28,362 | €69,640 | €52,642 | ▼ 24.4% |
| Plant, machinery and equipment23 | €16,582 | €12,480 | €10,006 | €14,152 | €8,327 | ▼ 41.2% |
| Furniture and vehicles24 | €20,550 | €13,824 | €7,099 | €34,694 | €26,773 | ▼ 22.8% |
| Other tangible fixed assets26 | €8,202 | €7,325 | €11,258 | €20,793 | €17,543 | ▼ 15.6% |
| Financial fixed assets28 | €200 | €700 | €700 | €700 | €800 | ▲ 14.3% |
| Current assets29/58 | €54,589 | €59,760 | €89,721 | €83,333 | €119,276 | ▲ 43.1% |
| Stocks and contracts in progress3 | €375 | €528 | €498 | €976 | €1,235 | ▲ 26.6% |
| Stocks30/36 | €375 | €528 | €498 | €976 | €1,235 | ▲ 26.6% |
| Amounts receivable within one year40/41 | €7,592 | €12,768 | €15,085 | €23,171 | €18,286 | ▼ 21.1% |
| Trade receivables40 | €720 | €1,422 | €3,345 | €475 | €993 | ▲ 109% |
| Other amounts receivable41 | €6,873 | €11,347 | €11,740 | €22,696 | €17,293 | ▼ 23.8% |
| Cash at bank and in hand54/58 | €46,222 | €46,464 | €74,137 | €58,618 | €99,755 | ▲ 70.2% |
| Deferred charges and accrued income490/1 | €400 | - | - | €568 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100,124 | €94,089 | €118,783 | €153,673 | €172,718 | ▲ 12.4% |
| Equity10/15 | €80,342 | €76,510 | €108,708 | €125,100 | €140,192 | ▲ 12.1% |
| Contributions10/11 | €8,055 | €8,055 | €8,055 | €8,055 | €8,055 | = |
| Reserves13 | €72,287 | €68,455 | €100,653 | €117,045 | €132,137 | ▲ 12.9% |
| Distributable reserves133 | €72,287 | €68,455 | €100,653 | €117,045 | €132,137 | ▲ 12.9% |
| Amounts payable17/49 | €19,781 | €17,578 | €10,075 | €28,572 | €32,526 | ▲ 13.8% |
| Amounts payable after more than one year17 | €12,709 | €8,553 | €4,317 | €13,573 | €7,068 | ▼ 47.9% |
| Financial debts170/4 | €12,709 | €8,553 | €4,317 | €13,573 | €7,068 | ▼ 47.9% |
| Amounts payable within one year42/48 | €7,073 | €9,026 | €5,758 | €12,886 | €23,345 | ▲ 81.2% |
| Current portion of amounts payable after more than one year42 | €4,078 | €4,156 | €4,236 | €2,976 | €2,634 | ▼ 11.5% |
| Trade debts44 | €1,473 | €4,304 | €1,268 | €5,674 | €9,790 | ▲ 72.5% |
| Suppliers440/4 | €1,473 | €4,304 | €1,268 | €5,674 | €9,790 | ▲ 72.5% |
| Taxes, remuneration and social security45 | €1,522 | €565 | €254 | €4,235 | €10,921 | ▲ 158% |
| Taxes450/3 | €1,522 | €565 | €254 | €4,235 | €10,921 | ▲ 158% |
| Accrued charges and deferred income492/3 | - | - | - | €2,113 | €2,113 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,205 | -€3,832 | €32,198 | €16,392 | €15,091 | ▼ 7.9% |
| + Depreciation and write-downs630 | €10,055 | €11,705 | €13,044 | €11,341 | €16,997 | ▲ 49.9% |
| Operating cash flow (approximation) | €16,260 | €7,874 | €45,241 | €27,733 | €32,089 | ▲ 15.7% |
| Investment in fixed assets (approximation) | - | -€500 | -€7,777 | -€52,618 | -€100 | ▲ 99.8% |
| Change in cash | - | €242 | €27,674 | -€15,519 | €41,136 | ▲ 365% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
02-07
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 08-06-2026
- Registered-office move, Kalandestraat 17,9000 Gent
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 53 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial
Back to profitnet €32,198
Net result €32,198 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 15.58
Current ratio from 6.62 to 15.58; short-term debt falls from €9,026 to €5,758.
31-12
Financial
Equity above €100,000Eq €108,708 ▲42.1%
Equity rises from €76,510 to €108,708.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€3,832
Net result drops to -€3,832, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €33,715 ▲353%
Operating result €35,890, net result €33,715, both a record.
Show earlier events
31-12
Financial
Liquidity triplescurrent ratio 7.89
Current ratio from 2.40 to 7.89; short-term debt falls from €26,133 to €9,306.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
14-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 106 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have 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
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
Ground area
64 m²
Building footprint
64 m²
Volume, LiDAR
615 m³
Parcel 44803C1131/00A000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bite
since 20242.366.082.792
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C1131/00A000 | Flanders | 63 m² | 1 · 63 m² | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.366.082.792
Identification & contact
Identification
Legal formPrivate limited company
Founded20-11-2015
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0643486221
Registered
09-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.