ODES MANAGEMENT
ActiveSummary
ODES MANAGEMENT has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €304,611 and a net result of €40,014. Equity is growing by about 5.1% per year across the filed financial years. Its solvency ranks better than 59% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €304,611
- Profit
- €40,014
Why 93raises riskNo registered site in the KBOlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 0.88, cash €133,018Size: total assets €490,306Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro): better than 57% on solvency, 59% on liquidity, 45% on profitability and 18% on growth.
The bankruptcy probability was computed on 25-10-2026 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
This company filed its last 7 accounts on average 4 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 7.6 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,811 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €34,055 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,981 | €5,981 | €6,237 | €13,803 | €24,646 | €34,165 | €34,084 | €33,028 | ▼ 3.1% |
| Other operating charges640/8 | - | - | - | €1,240 | €1,302 | €834 | €596 | €772 | ▲ 29.5% |
| Gross operating margin9900 | €21,846 | €30,623 | €15,361 | €10,808 | €78,215 | €77,343 | €42,353 | €92,277 | ▲ 118% |
| Operating profit (loss)9901 | €14,662 | €23,422 | €7,890 | -€4,235 | €52,267 | €42,343 | €7,672 | €58,477 | ▲ 662% |
| Financial income75/76B | - | - | - | €1,834 | €25 | €109 | €4,765 | €3,128 | ▼ 34.4% |
| Recurring financial income75 | €4,031 | €3,130 | €83 | €1,834 | €25 | €109 | €4,765 | €3,128 | ▼ 34.4% |
| Financial charges65/66B | - | - | - | €892 | €890 | €1,848 | €3,307 | €2,878 | ▼ 13.0% |
| Recurring financial charges65 | €1,707 | €1,769 | €883 | €892 | €890 | €1,848 | €3,307 | €2,878 | ▼ 13.0% |
| Profit (loss) for the period before taxes9903 | €16,987 | €24,782 | €7,090 | -€3,293 | €51,401 | €40,604 | €9,130 | €58,726 | ▲ 543% |
| Income taxes67/77 | €5,036 | €5,192 | €1 | €0 | €7 | €4,919 | €4,215 | €18,712 | ▲ 344% |
| Profit (loss) for the period9904 | €11,951 | €19,590 | €7,090 | -€3,293 | €51,394 | €35,686 | €4,915 | €40,014 | ▲ 714% |
| Profit (loss) for the period to be appropriated9905 | €11,951 | €19,590 | €7,090 | -€3,293 | €51,394 | €35,686 | €4,915 | €40,014 | ▲ 714% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €348,488 | €362,259 | €376,578 | €363,317 | €530,618 | €483,189 | €479,070 | €490,306 | ▲ 2.3% |
| Fixed assets21/28 | €268,505 | €200,800 | €150,564 | €282,622 | €430,584 | €396,419 | €362,334 | €329,306 | ▼ 9.1% |
| Tangible fixed assets22/27 | €108,088 | €102,108 | €131,872 | €277,205 | €300,167 | €266,002 | €231,917 | €198,889 | ▼ 14.2% |
| Land and buildings22 | - | - | - | €273,873 | €297,973 | €264,945 | €231,917 | €198,889 | ▼ 14.2% |
| Furniture and vehicles24 | - | - | - | €3,331 | €2,194 | €1,057 | €0 | - | - |
| Financial fixed assets28 | €160,417 | €98,692 | €18,692 | €5,417 | €130,417 | €130,417 | €130,417 | €130,417 | = |
| Current assets29/58 | €79,982 | €161,459 | €226,013 | €80,695 | €100,035 | €86,770 | €116,736 | €161,000 | ▲ 37.9% |
| Amounts receivable within one year40/41 | €22,390 | €14,537 | €10,834 | €1,917 | €89,339 | €35,958 | €20,831 | €27,982 | ▲ 34.3% |
| Trade receivables40 | - | - | - | €1,861 | €89,306 | €35,958 | €17,854 | €23,051 | ▲ 29.1% |
| Other amounts receivable41 | - | - | - | €56 | €33 | €0 | €2,977 | €4,930 | ▲ 65.6% |
| Current investments50/53 | - | - | - | - | - | - | €90,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €47,406 | €144,079 | €212,176 | €78,778 | €10,696 | €50,812 | €5,330 | €133,018 | ▲ 25× |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - | - | €575 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €348,488 | €362,259 | €376,578 | €363,317 | €530,618 | €483,189 | €479,070 | €490,306 | ▲ 2.3% |
| Equity10/15 | €313,215 | €332,805 | €339,895 | €336,602 | €387,996 | €423,682 | €428,597 | €304,611 | ▼ 28.9% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €166,000 | €166,000 | €166,000 | €166,000 | €166,000 | €201,000 | €201,000 | €77,000 | ▼ 61.7% |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €0 | €2,000 | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €0 | €2,000 | - | - |
| Distributable reserves133 | - | - | - | €164,000 | €164,000 | €201,000 | €199,000 | €77,000 | ▼ 61.3% |
| Profit (loss) carried forward14 | €127,215 | €146,805 | €153,895 | €150,602 | €201,996 | €202,682 | €207,597 | €207,611 | = |
| Amounts payable17/49 | €35,273 | €29,454 | €36,683 | €26,715 | €142,623 | €59,507 | €50,473 | €185,695 | ▲ 268% |
| Amounts payable within one year42/48 | €33,707 | €27,794 | €35,844 | €25,867 | €141,784 | €57,703 | €47,210 | €182,861 | ▲ 287% |
| Trade debts44 | €284 | €1,034 | €14,395 | €4,129 | €113,649 | €431 | €1,736 | €3,175 | ▲ 82.9% |
| Suppliers440/4 | - | - | - | €4,129 | €113,649 | €431 | €1,736 | €3,175 | ▲ 82.9% |
| Taxes, remuneration and social security45 | - | - | - | €914 | €6,778 | €17,221 | €4,161 | €15,686 | ▲ 277% |
| Taxes450/3 | - | - | - | €914 | €6,778 | €17,221 | €4,161 | €15,686 | ▲ 277% |
| Other amounts payable47/48 | - | - | - | €20,825 | €21,358 | €40,050 | €41,313 | €164,000 | ▲ 297% |
| Accrued charges and deferred income492/3 | - | - | - | €848 | €839 | €1,804 | €3,263 | €2,834 | ▼ 13.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,951 | €19,590 | €7,090 | -€3,293 | €51,394 | €35,686 | €4,915 | €40,014 | ▲ 714% |
| + Depreciation and write-downs630 | €5,981 | €5,981 | €6,237 | €13,803 | €24,646 | €34,165 | €34,084 | €33,028 | ▼ 3.1% |
| Operating cash flow (approximation) | €17,932 | €25,571 | €13,327 | €10,510 | €76,040 | €69,851 | €39,000 | €73,042 | ▲ 87.3% |
| Investment in fixed assets (approximation) | - | €61,725 | €43,998 | -€145,860 | -€172,608 | €0 | €0 | €0 | - |
| Change in cash | - | €96,673 | €68,097 | -€133,398 | -€68,082 | €40,117 | -€45,482 | €127,688 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-06-2026 | 2026-00205609 |
| 31-12-2024 | full format | 24-07-2025 | 2025-00305778 |
| 31-12-2023 | full format | 30-07-2024 | 2024-00305912 |
| 31-12-2022 | full format | 11-07-2023 | 2023-00224474 |
| 31-12-2021 | full format | 30-08-2022 | 2022-20367114 |
| 31-12-2020 | micro format | 05-07-2021 | 2021-30700576 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-47800183 |
| 31-12-2018 | micro format | 31-07-2019 | 2019-41500188 |
| 31-12-2017 | micro format | 25-07-2018 | 2018-38500564 |
| 31-12-2016 | micro format | 28-07-2017 | 2017-39800025 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 18-10-2023 Converted to unavailable equity · €22,000
Group and network
Connections & network
No directors read yet: 1 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
18-10
Gazette deed
Legal-form change · Resignations & appointmentsAmendment of the articles · Capital conversion · Net-asset statement9 facts ▸
- General meeting, 09-10-2023
- Amendment of the articles (3 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “suppression compte indisponible et mise en distribution, supprimer le compte de capitaux propres statutairement indisponible créé en application de l’article 39…” (deed in French)
- Net-asset statement, “compte de capitaux propres disponible”, 31-12-2022 (deed in French)
- Director in office, Olivier DESMET (director)
- Registered office clause, “7501Tournai(ex-Orcq),RueVictorCrombez,numéro34” (deed in French)
- Other provision, “siteinternetetadress eélectronique” (deed in French)
- Power of attorney
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57060B0230/00M002 | Wallonia | 1,090 m² | 1 · 169 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La détention et la gestion de participants dans d’autres sociétés ou entreprises; La fourniture et prestation de management et gestion…” (deed in French)
10 activities (deed in French)
- La détention et la gestion de participants dans d’autres sociétés ou entreprises.
- La fourniture et prestation de management et gestion technique,commerciale,administrative et financière à d’autres sociétés liées ou non.
- Achat,échange,vente et prise en location et en sous-location,cession en location et en sous-location de biens immobiliers,sans préjudicie aux opérations attribuées par la loi aux personnes titulaire d’un agrément particulier,éventuellement sous forme démembrée (nue-propriété,usufruit,emphytéose ou superficie),tant pour favoriser la réalisation de l’objet social qu’é des fins de placement ou pour les mettre à disposition des dirigeants ou du personnel à titre de rémunération
- Conception,invention,fabrication construction,achat,vente de tout bien immobilier tant en nom propre qu’en qualité d’agent sans préjudice aux opérations attribuées par la loi aux personnes titulaires d’un agrément particulier
- Autres prestations de service se rapportant à son objet social,y compris la gestion de patrimoine
- Toutes autres prestations se rattachant à son objet social
- Toutes prestations de management,conseils,avis et études et administration de personnes morales en ce compris les prestations d’intermédiaire commercial et de gestion,ainsi que toutes prestations d’étude,de conception,de développement,de commercialisation,missions ou méthodologies de consultance.
- Toutes opérations généralement quelconques,industrielles,commerciales,financières,mobilières ou immobilières,se rapportant directement ou indirectement à cet objet,pour son compte que pour compte de tiers,et s’intéresser sous quelque forme et de quelque manière que ce soit,dans toutes affaires,associations,entreprises ou sociétés ayant un objet similaire,analogue ou connexe ou de nature à favoriser celui de la société,à lui procurer des matières premières ou à faciliter l’écoulement de ses produits et même fusionner avec elles.
- Fournir une caution personnelle ou réelle en faveur de tiers.
- Le financement de ces opérations
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ODES MANAGEMENT
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- “TITRE I : FORME LEGALE – DENOMINATION – SIEGE – OBJET - DUREE, Article 1 : Forme - Dénomination” (deed in French)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, pouvoirs aux fins de faire constater authentiquement la modification statutaire éventuelle” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 13 : Pouvoirs de représentation externe. Sauf délégation spéciale et sans préjudice du pouvoir de représentation général du conseil…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, TITRE IV : ADMINISTRATION - CONTROLE” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cession d’actions – droit de préemption, cessions entre vifs modalisées et organisées,le cas échéant,préalablement à l’arrivée de nouveaux…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITRE V : ASSEMBLEES GENERALES Article 17 : Tenue. Il est tenu chaque année, au siège, une assemblée générale ordinaire le vingt-trois avril…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed