Financials
- Financial year
- 2025
- Total assets
- €1.7m
- Loss
- -€104,255
- Solvency
- 65.1%
Total assets▲ 19.3%
Net result
20182025
Odette Lunettes
ActiveSummary
The annual accounts of Odette Lunettes for financial year 2025 show a net loss of 1,562% of the equity at the start of that year. The 2025 annual accounts show equity of €1.1m and a net result of -€104,255. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 71% of 815 sector peers (NACE 74, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Other specialised design activities
NACE 74140Other non-specialised retail sale NACE 47120
9th largest employer in East Flanders, Other professional activities sector9 sites
Size
≈ €2.2mturnover 2025, estimated
- Staff
- 20.9 FTE
- Equity
- €1.1m
- Loss
- -€104,255
Turnover estimated from the gross margin
Structure
- Largest shareholder
- Participatiemaatschappij Vlaanderen · 24.64%
- Board
- 4 members
- Bob GeraetsManaging director
2025 accounts 1 day early4 of 7 deeds summarised
Why 56raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €104,255, the second in a row (financial year 2025)Size: 20.9 FTE, total assets €1.7mlowers riskEquity €1.1m (65.1% of total assets)Sector: Other professional, scientific and technical activities (NACE 74)Show the evidence
Checked score
Score 2025
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 54% of its sector peers (NACE 74, small)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency
90+65
equity 65.1% of total assets
Liquidity
42-11
short-term debt 33.1% · cash 5.2%
Profitability
24+24
return on assets -6.1%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 1.0%● unchanged vs 11-2024
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.1%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.2%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 1.1%▼ -0.1 percentage points vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▼ -0.8 percentage points vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €60,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.58, compared with 2.24 in 2024, above the usual 1.5; short-term debt: 33.1% and cash: 5.2% of total assets), and 34.9% of the assets are financed with debt and provisions.
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 74, small): better than 70% on solvency, 26% on liquidity, 21% on profitability and 99% on growth.
The bankruptcy probability was computed on 29-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.1m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
20 days early
2023
12 days late
2022
13 days early
2021
29 days late
2020
32 days early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Appointment: VAN DEN BERGHE Andy (director)Permanent representatives: RENSON Piet and…
- Equity above €1mequity €1.1m ▲16,574%
Key points
- Risk: 6 loss-making years in a rowloss financial year 2025 -€104,255 View
- Positive: Equity rose in 2025from €6,674 to €1.1m ▲ 167× View
- Caution: Among the weakest 6% on net resultsector median €12,713 · 813 companies -€104,255 View
- New directorlatest change 08-01-2026 · 4 in office 1 joined View
- Flemish supportawarded from 2022 to 2025 €60,268 View
By topic
Board & ownership
- Board
- 4 members
- Largest shareholder
- Participatiemaatschappij Vlaanderen · 24.64%
- Participatiemaatschappij VlaanderenDirector
- VALKURDirector
- WOUTER TORFSDirector
- VAN DEN BERGHE AndyDirector
Network & group
- Connected companies
- 5
Timeline
- Events
- 19
- Since
- 2016
- Next accounts
- by 31-07-2027
- 11-07-2025Annual accounts filed
- 25-09-2024Permanent representatives: Piet Renson and Marie Delbeke
- 12-08-2024Annual accounts filed
Company details
- Sites
- 9
- Legal form
- Private limited company
- Activity
- Other specialised design activitiesNACE 74140
- Founded
- 20-01-2015
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
See the provisions in the deeds
Go to Articles of associationKey facts about Odette Lunettes
- What is the company number of Odette Lunettes?
- 0568.878.967. In Belgium the VAT number is the company number with BE in front: BE 0568.878.967.
- Where is Odette Lunettes based?
- The registered office is at Brabantdam 1, 9000 Gent.Company details
- What does Odette Lunettes do?
- According to the KBO register, the main activity is other specialised design activities (NACE 74140).
- What is the legal form of Odette Lunettes?
- Private limited company (BV).
- When was Odette Lunettes founded?
- On 20-01-2015.
- Is Odette Lunettes still active?
- Yes, Odette Lunettes is an active enterprise in the KBO register.
- How many employees does Odette Lunettes have?
- On average 20.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Odette Lunettes?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is Odette Lunettes profitable?
- In financial year 2025, Odette Lunettes made a loss of €104,255.
- Where can I find the annual accounts of Odette Lunettes?
- Odette Lunettes filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Odette Lunettes due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to Odette Lunettes
Shareholders
- Participatiemaatschappij Vlaanderen24.64%
- Tokai Optecs22.13%
Comparable companies
- VERVERS IMMOBrugge
- Expo PointZoersel
- WIND'OMont-Saint-Guibert
- MOTHWaterloo
- StandPlusRoeselare
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check 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 What support did similar companies receive that this one did not?Subsidies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.