ODEP
ActiveSummary
ODEP has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36,957 and a net result of -€19,788. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 21% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability4▼-95
Solvency46▼-25
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.77 in 2023; short-term debt: 78.6% and cash: 22.2% of total assets), and 78.6% 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
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
21.4%
Return on assets
-11.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 37969 sector peers (2024).
NBB · sector comparisonPosition among 37969 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
114 d late
2022
29 d late
2021
2 d late
2020
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
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 2024, micro schema
Equity
€36,957▼ 34.9%
2023 · €56,744
Total assets
€172,655▲ 39.3%
2023 · €123,908
Net result
-€19,788
2023 · €29,855
Working capital
€31,842▼ 38.8%
2023 · €52,028
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€11,088-€28,128▲ 154%€877▼ 96.9%€30,858▲ 3,417%-€17,739
Net result€8,494within the sector's middle half-€19,237within the sector's middle half▲ 126%-€1,841below the sector's middle half€29,855within the sector's middle half-€19,788below the sector's middle half
Equity€9,494below the sector's middle half-€28,731within the sector's middle half▲ 203%€26,889within the sector's middle half▼ 6.4%€56,744within the sector's middle half▲ 111%€36,957within the sector's middle half▼ 34.9%
Total assets€63,005below the sector's middle half-€54,750below the sector's middle half▼ 13.1%€67,559below the sector's middle half▲ 23.4%€123,908within the sector's middle half▲ 83.4%€172,655within the sector's middle half▲ 39.3%
Debt€53,511-€26,019▼ 51.4%€40,670▲ 56.3%€67,164▲ 65.1%€135,698▲ 102%
Working capital€30,833within the sector's middle half-€29,088within the sector's middle half▼ 5.7%€21,423within the sector's middle half▼ 26.4%€52,028within the sector's middle half▲ 143%€31,842within the sector's middle half▼ 38.8%
Solvency15.1%below the sector's middle half-52.5%within the sector's middle half▲ 37.4pp39.8%within the sector's middle half▼ 12.7pp45.8%within the sector's middle half▲ 6.0pp21.4%below the sector's middle half▼ 24.4pp
Current ratio1.96within the sector's middle half-2.13within the sector's middle half▲ 0.181.53within the sector's middle half▼ 0.611.77within the sector's middle half▲ 0.251.23within the sector's middle half▼ 0.54
Return on assets (ROA)13.5%within the sector's middle half-35.1%above the sector's middle half▲ 21.7pp-2.7%below the sector's middle half▼ 37.9pp24.1%within the sector's middle half▲ 26.8pp-11.5%below the sector's middle half▼ 35.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €17,739 after €30,858 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €172,655
Fixed assets
€5,115 ▲ 8.4%
Current assets
€167,540 ▲ 40.6%
Equity and liabilities €172,655
Equity
€36,957 ▼ 34.9%
Debt
€135,698 ▲ 102%
Debt's share of the balance-sheet total rises from 54.2% to 78.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€15,515▼
2023 · €32,641
Cash flow
-€17,564▼
2023 · €31,638
Debt to equity
3.67▲
2023 · 1.18
ROE
-53.5%▼
2023 · 52.6%
Interest coverage
-18.78▼
2023 · 31.28
Debt ≤ 1 year
€135,698▲
2023 · €67,164
Income taxes
€1,243▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,135 companies that looked in July 2024 the way this one looks now, 5.9% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
5.9%
went bankrupt
6.5%
stopped otherwise
86%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 1,135 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €455 | €1,783 | €2,223 | ▲ 24.7% |
| Other operating charges640/8 | - | - | €348 | €1,834 | €387 | ▼ 78.9% |
| Gross operating margin9900 | €11,088 | €28,128 | €1,680 | €34,475 | -€15,128 | ▼ 144% |
| Operating profit (loss)9901 | €11,088 | €28,128 | €877 | €30,858 | -€17,739 | ▼ 157% |
| Financial income75/76B | - | €587 | €0 | €41 | €20 | ▼ 50.0% |
| Recurring financial income75 | €0 | €587 | €0 | €41 | €20 | ▼ 50.0% |
| Financial charges65/66B | - | €2,844 | €1,221 | €1,044 | €826 | ▼ 20.8% |
| Recurring financial charges65 | €3 | €2,844 | €1,221 | €1,044 | €826 | ▼ 20.8% |
| Profit (loss) for the period before taxes9903 | €11,085 | €25,870 | -€343 | €29,855 | -€18,545 | ▼ 162% |
| Income taxes67/77 | €2,591 | €6,634 | €1,498 | €0 | €1,243 | - |
| Profit (loss) for the period9904 | €8,494 | €19,237 | -€1,841 | €29,855 | -€19,788 | ▼ 166% |
| Profit (loss) for the period to be appropriated9905 | €8,494 | €19,237 | -€1,841 | €29,855 | -€19,788 | ▼ 166% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63,005 | €54,750 | €67,559 | €123,908 | €172,655 | ▲ 39.3% |
| Fixed assets21/28 | - | - | €5,466 | €4,717 | €5,115 | ▲ 8.4% |
| Intangible fixed assets21 | - | - | €1,920 | €1,208 | €496 | ▼ 59.0% |
| Tangible fixed assets22/27 | - | - | €3,547 | €3,509 | €4,620 | ▲ 31.6% |
| Furniture and vehicles24 | - | - | €3,547 | €3,509 | €2,331 | ▼ 33.6% |
| Other tangible fixed assets26 | - | - | - | - | €2,289 | - |
| Current assets29/58 | €63,005 | €54,750 | €62,093 | €119,191 | €167,540 | ▲ 40.6% |
| Amounts receivable within one year40/41 | €33,480 | €44,082 | €45,512 | €99,039 | €129,209 | ▲ 30.5% |
| Trade receivables40 | - | €4,644 | €30,325 | €41,432 | €46,648 | ▲ 12.6% |
| Other amounts receivable41 | - | €39,438 | €15,187 | €57,606 | €82,561 | ▲ 43.3% |
| Cash at bank and in hand54/58 | €29,031 | €4,667 | €16,582 | €20,153 | €38,331 | ▲ 90.2% |
| Deferred charges and accrued income490/1 | - | €6,000 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63,005 | €54,750 | €67,559 | €123,908 | €172,655 | ▲ 39.3% |
| Equity10/15 | €9,494 | €28,731 | €26,889 | €56,744 | €36,957 | ▼ 34.9% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | - | - | €25,889 | €55,744 | €55,744 | = |
| Distributable reserves133 | - | - | €25,889 | €55,744 | €55,744 | = |
| Profit (loss) carried forward14 | €8,494 | €27,731 | - | - | -€19,788 | - |
| Amounts payable17/49 | €53,511 | €26,019 | €40,670 | €67,164 | €135,698 | ▲ 102% |
| Amounts payable within one year42/48 | €32,172 | €25,662 | €40,670 | €67,164 | €135,698 | ▲ 102% |
| Trade debts44 | €25,603 | €12,788 | €28,660 | €58,614 | €109,882 | ▲ 87.5% |
| Suppliers440/4 | - | €12,788 | €28,660 | €58,614 | €109,882 | ▲ 87.5% |
| Taxes, remuneration and social security45 | - | €11,873 | €9,621 | €7,594 | €24,860 | ▲ 227% |
| Taxes450/3 | - | €11,873 | €9,621 | €7,594 | €10,115 | ▲ 33.2% |
| Remuneration and social security454/9 | - | - | - | - | €14,745 | - |
| Other amounts payable47/48 | - | €1,000 | €2,389 | €956 | €956 | = |
| Accrued charges and deferred income492/3 | - | €357 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,494 | €19,237 | -€1,841 | €29,855 | -€19,788 | ▼ 166% |
| + Depreciation and write-downs630 | - | - | €455 | €1,783 | €2,223 | ▲ 24.7% |
| Operating cash flow (approximation) | €8,494 | €19,237 | -€1,386 | €31,638 | -€17,564 | ▼ 156% |
| Investment in fixed assets (approximation) | - | - | - | -€1,033 | -€2,622 | ▼ 154% |
| Change in cash | - | -€24,364 | €11,914 | €3,571 | €18,178 | ▲ 409% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€19,788
Net result drops to -€19,788, the lowest in the series.
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
2023
31-12
Financial
Back to profitnet €29,855
Net result €29,855 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has 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
2 acts for this company are 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, Elsene · 1 establishment unit since 2020
Ground area
596 m²
Building footprint
381 m²
Volume, LiDAR
5,723 m³
2 parcels, Brussels · tallest building 22.5 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
ODEP
since 20202.299.515.256
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0194/00C008 | Brussels | 456 m² | 1 · 250 m² | 18.4 m · 5 fl. |
| 21447B0309/00V012 | Brussels | 140 m² | 1 · 131 m² | 22.5 m · 5 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
Rev-Op
BE 0743.914.180
Waterloo · Eq €36,951
THE STAR COMPANY
BE 0723.972.465
Antwerpen · Eq €36,965
Thaumas Management
BE 1003.548.340
Etterbeek · Eq €36,948
LUSC Consulting
BE 1029.304.909
Ternat · Eq €36,976
Niels Soenen
BE 1010.212.042
Frasnes-lez-Anvaing · Eq €36,980
Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 36,141 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded16-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
90111Literary creation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0739622129
Also
9925:BE0739622129
Registered
31-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.