ODES MANAGEMENT

Active

Private limited companyfounded 201114 yrs activeRue Victor Crombez(OR) 34, 7501 Tournai, BelgiumKBO/BCE: BE 0840.909.331

Summary

ODES MANAGEMENT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €429k and a net result of €5k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 86% of 4604 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysis Watch Report Compare

ODES MANAGEMENTActiveChecked score 81/100

Risk analysis Report Compare

Checked score

Score 2024

81 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability70▼-8

Solvency100=

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days acceptable

Liquidity ample (current ratio 2.47 against 1.5 in 2023; short-term debt: 9.9% and cash: 1.1% of total assets), and 10.5% of the assets are financed with debt.

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Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

7 d early

2023

1 d early

2022

20 d early

2021

30 d late

2020

26 d early

2019

31 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

ODES MANAGEMENT was incorporated on 9 November 2011.¹ Total assets rose from EUR 348,488 in 2018 to EUR 479,070 in 2024.²

Go further with this company

How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication

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Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€5k▼ 86.2%

2023 · €36k

Working capital

€70k▲ 139%

2023 · €29k

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20202021202220232024

Operating result€8k▼ 66.3%€-4k€52k€42k▼ 19.0%€8k▼ 81.9%

Net result€7k▼ 63.8%€-3k€51k€36k▼ 30.6%€5k▼ 86.2%

Equity€340k▲ 2.1%€337k▼ 1.0%€388k▲ 15.3%€424k▲ 9.2%€429k▲ 1.2%

Total assets€377k▲ 4.0%€363k▼ 3.5%€531k▲ 46.0%€483k▼ 8.9%€479k▼ 0.9%

Debt€37k▲ 24.5%€27k▼ 27.2%€143k▲ 434%€60k▼ 58.3%€50k▼ 15.2%

Working capital€190k▲ 42.3%€55k▼ 71.2%€-42k€29k€70k▲ 139%

Staff (FTE)0

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 82% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €479k

75.6%

24.4%

Fixed assets €362k ▼ 8.6%

Current assets €117k ▲ 34.5%

Equity and liabilities €479k

89.5%

11%

Equity €429k ▲ 1.2%

Debt €50k ▼ 15.2%

Debt's share of the balance-sheet total falls from 12.3% to 10.5%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€42k▼

2023 · €77k

Cash flow

€39k▼

2023 · €70k

Current ratio

2.47▲

2023 · 1.50

Debt to equity

0.12▼

2023 · 0.14

ROE

1.1%▼

2023 · 8.4%

ROA

1.0%▼

2023 · 7.4%

Interest coverage

12.63▼

2023 · 41.39

Debt ≤ 1 year

€47k▼

2023 · €58k

Income taxes

€4k▼

2023 · €5k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines

Balance sheet Code20232024

Assets

Total assets20/58€483k€479k▼

Fixed assets21/28€396k€362k▼

Tangible fixed assets22/27€266k€232k▼

Land and buildings22€265k€232k▼

Furniture and vehicles24€1k€0▼

Financial fixed assets28€130k€130k=

Current assets29/58€87k€117k▲

Amounts receivable within one year40/41€36k€21k▼

Trade receivables40€36k€18k▼

Other amounts receivable41€0€3k▲

Current investments50/53-€90k

Cash at bank and in hand54/58€51k€5k▼

Deferred charges and accrued income490/1-€575

Equity and liabilities

Total equity and liabilities10/49€483k€479k▼

Equity10/15€424k€429k▲

Contributions10/11€20k€20k=

Reserves13€201k€201k=

Non-distributable reserves130/1€0€2k▲

Reserves not available under the articles1311€0€2k▲

Distributable reserves133€201k€199k▼

Profit (loss) carried forward14€203k€208k▲

Amounts payable17/49€60k€50k▼

Amounts payable within one year42/48€58k€47k▼

Trade debts44€431€2k▲

Suppliers440/4€431€2k▲

Taxes, remuneration and social security45€17k€4k▼

Taxes450/3€17k€4k▼

Other amounts payable47/48€40k€41k▲

Accrued charges and deferred income492/3€2k€3k▲

Income statement Code20232024

Non-recurring operating income76A€0-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k▼

Other operating charges640/8€834€596▼

Gross operating margin9900€77k€42k▼

Operating profit (loss)9901€42k€8k▼

Financial income75/76B€109€5k▲

Recurring financial income75€109€5k▲

Financial charges65/66B€2k€3k▲

Recurring financial charges65€2k€3k▲

Profit (loss) for the period before taxes9903€41k€9k▼

Income taxes67/77€5k€4k▼

Profit (loss) for the period9904€36k€5k▼

Profit (loss) for the period to be appropriated9905€36k€5k▼

Appropriation of the result

Profit (loss) to be appropriated9906€238k€208k▼

Profit (loss) brought forward from the previous period14P€202k€203k▲

Transfer to equity691/2€35k€0▼

To other reserves6921€35k€0▼

Social balance

Average headcount (FTE)90870.0-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2020	2021	2022	2023	2024	Change
Non-recurring operating income76A	-	-	€34k	€0	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€6k	€14k	€25k	€34k	€34k	▼ 0.2%
Other operating charges640/8	-	€1k	€1k	€834	€596	▼ 28.5%
Gross operating margin9900	€15k	€11k	€78k	€77k	€42k	▼ 45.2%
Operating profit (loss)9901	€8k	€-4k	€52k	€42k	€8k	▼ 81.9%
Financial income75/76B	-	€2k	€25	€109	€5k	▲ 4,256%
Recurring financial income75	€83	€2k	€25	€109	€5k	▲ 4,256%
Financial charges65/66B	-	€892	€890	€2k	€3k	▲ 78.9%
Recurring financial charges65	€883	€892	€890	€2k	€3k	▲ 78.9%
Profit (loss) for the period before taxes9903	€7k	€-3k	€51k	€41k	€9k	▼ 77.5%
Income taxes67/77	€1	€0	€7	€5k	€4k	▼ 14.3%
Profit (loss) for the period9904	€7k	€-3k	€51k	€36k	€5k	▼ 86.2%
Profit (loss) for the period to be appropriated9905	€7k	€-3k	€51k	€36k	€5k	▼ 86.2%

Line	2020	2021	2022	2023	2024	Change
Assets
Total assets20/58	€377k	€363k	€531k	€483k	€479k	▼ 0.9%
Fixed assets21/28	€151k	€283k	€431k	€396k	€362k	▼ 8.6%
Tangible fixed assets22/27	€132k	€277k	€300k	€266k	€232k	▼ 12.8%
Land and buildings22	-	€274k	€298k	€265k	€232k	▼ 12.5%
Furniture and vehicles24	-	€3k	€2k	€1k	€0	▼ 100%
Financial fixed assets28	€19k	€5k	€130k	€130k	€130k	=
Current assets29/58	€226k	€81k	€100k	€87k	€117k	▲ 34.5%
Amounts receivable within one year40/41	€11k	€2k	€89k	€36k	€21k	▼ 42.1%
Trade receivables40	-	€2k	€89k	€36k	€18k	▼ 50.3%
Other amounts receivable41	-	€56	€33	€0	€3k	-
Current investments50/53	-	-	-	-	€90k	-
Cash at bank and in hand54/58	€212k	€79k	€11k	€51k	€5k	▼ 89.5%
Deferred charges and accrued income490/1	-	€0	-	-	€575	-
Equity and liabilities
Total equity and liabilities10/49	€377k	€363k	€531k	€483k	€479k	▼ 0.9%
Equity10/15	€340k	€337k	€388k	€424k	€429k	▲ 1.2%
Contributions10/11	-	€20k	€20k	€20k	€20k	=
Reserves13	€166k	€166k	€166k	€201k	€201k	=
Non-distributable reserves130/1	-	€2k	€2k	€0	€2k	-
Reserves not available under the articles1311	-	€2k	€2k	€0	€2k	-
Distributable reserves133	-	€164k	€164k	€201k	€199k	▼ 1.0%
Profit (loss) carried forward14	€154k	€151k	€202k	€203k	€208k	▲ 2.4%
Amounts payable17/49	€37k	€27k	€143k	€60k	€50k	▼ 15.2%
Amounts payable within one year42/48	€36k	€26k	€142k	€58k	€47k	▼ 18.2%
Trade debts44	€14k	€4k	€114k	€431	€2k	▲ 302%
Suppliers440/4	-	€4k	€114k	€431	€2k	▲ 302%
Taxes, remuneration and social security45	-	€914	€7k	€17k	€4k	▼ 75.8%
Taxes450/3	-	€914	€7k	€17k	€4k	▼ 75.8%
Other amounts payable47/48	-	€21k	€21k	€40k	€41k	▲ 3.2%
Accrued charges and deferred income492/3	-	€848	€839	€2k	€3k	▲ 80.8%

Line	2020	2021	2022	2023	2024	Change
Profit (loss) for the period9904	€7k	€-3k	€51k	€36k	€5k	▼ 86.2%
+ Depreciation and write-downs630	€6k	€14k	€25k	€34k	€34k	▼ 0.2%
Operating cash flow (approximation)	€13k	€11k	€76k	€70k	€39k	▼ 44.2%
Investment in fixed assets (approximation)	-	€-146k	€-173k	€0	€0	-
Change in cash	-	€-133k	€-68k	€40k	€-45k	▼ 213%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

24-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

30-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Liquidity doublescurrent ratio 1.50

Current ratio from 0.71 to 1.50; short-term debt falls from €142k to €58k.

11-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Back to profitnet €51k

Net result €51k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 30 days late

2021

31-12

Financial Weakest financial yearnet €-3k

Net result drops to €-3k, the lowest in the series; recovery starts the following year.

05-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 31 days late

2019

31-12

Financial Liquidity doublescurrent ratio 5.81

Current ratio from 2.37 to 5.81; short-term debt falls from €34k to €28k.

31-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

25-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

28-07

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

20-07

NBB filing Annual accounts filed

fiscal year 2015 · full 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.

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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, Tournai

exact location from the address register On OpenStreetMap

Ground area

1,090 m²

Building footprint

169 m²

Parcel 57060B0230/00M002, Wallonia. Linked by address, not a title deed.

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
57060B0230/00M002	Wallonia	1,090 m²	1 · 169 m²	-

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.

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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 35,849 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded09-11-2011

Fiscal year end31-12

Activities, NACEBEL 2025

70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.