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ODIFA

Active
Private limited companyfounded 20196 yrs activeWirtzfeld,Zur Holzwarche 26, 4761 Büllingen, BelgiumKBO/BCE: BE 0736.713.812
Summary

The computed 12-month bankruptcy probability of ODIFA is 2.8% (moderate). The 2025 annual accounts show equity of €10,944 and a net result of €176. Equity is shrinking by ~4.3% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability62▼-1
Solvency34=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.11 in 2024; short-term debt: 8.7% and cash: 5.6% of total assets), and 90.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Equity per financial year
202122232425
2020 to 2025 · latest year €10,944
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 6 filings
Deviation from the deadline
2025
2 d late
2024
3 d early
2023
1 d late
2022
on the day
2021
28 d late
2020
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 5 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · 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

On 23 October 2019, ODIFA was incorporated as a Private limited company.1 Total assets went from EUR 172,508 in 2020 to EUR 115,330 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€6,877
EBIT margin
-119.6%
Net result
€176▼ 85.6%
2024 · €1,220
Working capital
€2,255▲ 107%
2024 · €1,091
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
Turnover
Operating result-€1,890▲ 77.0%€1,917€2,619▲ 36.6%€4,174▲ 59.4%€2,835▼ 32.1%
Net result-€2,486▼ 119%-€1,364▲ 45.1%-€467▲ 65.8%€1,220€176▼ 85.6%
EBIT margin
Equity€11,378▼ 17.9%€10,014▼ 12.0%€9,548▼ 4.7%€10,768▲ 12.8%€10,944▲ 1.6%
Total assets€154,809▼ 10.3%€144,062▼ 6.9%€133,115▼ 7.6%€124,866▼ 6.2%€115,330▼ 7.6%
Debt€143,431▼ 9.6%€134,048▼ 6.5%€123,567▼ 7.8%€114,099▼ 7.7%€104,386▼ 8.5%
Working capital€116▼ 88.3%-€2,328-€1,343▲ 42.3%€1,091€2,255▲ 107%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000€4,000Operating result 2021: -€1,890-€1,890Net result 2021: -€2,486-€2,486Operating result 2022: €1,917€1,917Net result 2022: -€1,364-€1,364Operating result 2023: €2,619€2,619Net result 2023: -€467-€467Operating result 2024: €4,174€4,174Net result 2024: €1,220€1,220Operating result 2025: €2,835€2,835Net result 2025: €176€17620212022202320242025-€2,000€0€2,000€4,000Operating result 2023: €2,619€2,620Net result 2023: -€467-€467Operating result 2024: €4,174€4,170Net result 2024: €1,220€1,220Operating result 2025: €2,835€2,830Net result 2025: €176€176202320242025
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115,330
Fixed assets €103,024 ▼ 9.6%
Current assets €12,306 ▲ 12.7%
Equity and liabilities €115,330
Equity €10,944 ▲ 1.6%
Debt €104,386 ▼ 8.5%
Debt's share of the balance-sheet total falls from 91.4% to 90.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€13,758▼
2024 · €15,097
Cash flow
€11,099▼
2024 · €12,143
Current ratio
1.22▲
2024 · 1.11
Debt to equity
9.54▼
2024 · 10.60
ROE
1.6%▼
2024 · 11.3%
ROA
0.2%▼
2024 · 1.0%
Interest coverage
5.17▲
2024 · 5.11
Debt ≤ 1 year
€10,052▲
2024 · €9,829
Debt > 1 year
€94,335▼
2024 · €104,270
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,250 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
2.6% stopped otherwise
94% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,250 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€124,866€115,330▼
Fixed assets21/28€113,947€103,024▼
Tangible fixed assets22/27€113,947€103,024▼
Land and buildings22€111,985€101,319▼
Other tangible fixed assets26€1,961€1,705▼
Current assets29/58€10,919€12,306▲
Amounts receivable within one year40/41€7,450€5,900▼
Trade receivables40€1,550-
Other amounts receivable41€5,900€5,900=
Cash at bank and in hand54/58€2,116€6,406▲
Deferred charges and accrued income490/1€1,354-
Equity and liabilities
Total equity and liabilities10/49€124,866€115,330▼
Equity10/15€10,768€10,944▲
Contributions10/11€15,000€15,000=
Profit (loss) carried forward14-€4,232-€4,056▲
Amounts payable17/49€114,099€104,386▼
Amounts payable after more than one year17€104,270€94,335▼
Financial debts170/4€104,270€94,335▼
Amounts payable within one year42/48€9,829€10,052▲
Current portion of amounts payable after more than one year42€9,709€9,935▲
Trade debts44€3-
Suppliers440/4€3-
Other amounts payable47/48€116€116=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,923€10,923=
Other operating charges640/8€1,286€1,320▲
Gross operating margin9900€16,383€15,078▼
Operating profit (loss)9901€4,174€2,835▼
Financial charges65/66B€2,954€2,659▼
Recurring financial charges65€2,954€2,659▼
Profit (loss) for the period before taxes9903€1,220€176▼
Profit (loss) for the period9904€1,220€176▼
Profit (loss) for the period to be appropriated9905€1,220€176▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4,232-€4,056▲
Profit (loss) brought forward from the previous period14P-€5,452-€4,232▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,667€10,757€10,923€10,923€10,923=
Other operating charges640/8-€1,148€1,168€1,286€1,320▲ 2.6%
Gross operating margin9900€11,011€13,822€14,710€16,383€15,078▼ 8.0%
Operating profit (loss)9901-€1,890€1,917€2,619€4,174€2,835▼ 32.1%
Financial charges65/66B-€3,281€3,085€2,954€2,659▼ 10.0%
Recurring financial charges65€3,496€3,281€3,085€2,954€2,659▼ 10.0%
Profit (loss) for the period before taxes9903-€2,486-€1,364-€467€1,220€176▼ 85.6%
Profit (loss) for the period9904-€2,486-€1,364-€467€1,220€176▼ 85.6%
Profit (loss) for the period to be appropriated9905-€2,486-€1,364-€467€1,220€176▼ 85.6%
Line20212022202320242025Change
Assets
Total assets20/58€154,809€144,062€133,115€124,866€115,330▼ 7.6%
Fixed assets21/28€143,985€135,793€124,870€113,947€103,024▼ 9.6%
Tangible fixed assets22/27€143,985€135,793€124,870€113,947€103,024▼ 9.6%
Land and buildings22-€133,319€122,652€111,985€101,319▼ 9.5%
Other tangible fixed assets26-€2,474€2,218€1,961€1,705▼ 13.1%
Current assets29/58€10,823€8,269€8,245€10,919€12,306▲ 12.7%
Amounts receivable within one year40/41---€7,450€5,900▼ 20.8%
Trade receivables40---€1,550--
Other amounts receivable41---€5,900€5,900=
Cash at bank and in hand54/58€10,823€7,357€7,672€2,116€6,406▲ 203%
Deferred charges and accrued income490/1-€912€573€1,354--
Equity and liabilities
Total equity and liabilities10/49€154,809€144,062€133,115€124,866€115,330▼ 7.6%
Equity10/15€11,378€10,014€9,548€10,768€10,944▲ 1.6%
Contributions10/11-€15,000€15,000€15,000€15,000=
Profit (loss) carried forward14-€3,622-€4,986-€5,452-€4,232-€4,056▲ 4.2%
Amounts payable17/49€143,431€134,048€123,567€114,099€104,386▼ 8.5%
Amounts payable after more than one year17€132,724€123,451€113,979€104,270€94,335▼ 9.5%
Financial debts170/4-€123,451€113,979€104,270€94,335▼ 9.5%
Amounts payable within one year42/48€10,707€10,597€9,588€9,829€10,052▲ 2.3%
Current portion of amounts payable after more than one year42-€9,273€9,471€9,709€9,935▲ 2.3%
Trade debts44---€3--
Suppliers440/4---€3--
Other amounts payable47/48-€1,324€116€116€116=
Line20212022202320242025Change
Profit (loss) for the period9904-€2,486-€1,364-€467€1,220€176▼ 85.6%
+ Depreciation and write-downs630€10,667€10,757€10,923€10,923€10,923=
Operating cash flow (approximation)€8,181€9,394€10,457€12,143€11,099▼ 8.6%
Investment in fixed assets (approximation)--€2,565€0€0€0-
Change in cash--€3,466€314-€5,556€4,291▲ 177%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
02-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
28-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Back to profitnet €1,220
Net result €1,220 after 4 loss-making years.
01-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
30-06
Financial Weakest financial yearnet -€2,486
Net result drops to -€2,486, the lowest in the series; recovery starts the following year.
31-01
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 4 acts read
About the unread acts

We know of 4 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
4 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, Büllingen · 1 establishment unit since 2020
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Wirtzfeld,Zur Holzwarche 264761 Büllingen
1 establishment unit
Wirtzfeld,Zur Holzwarche 26, 4761 Büllingen
Renting and operating of own or leased residential real estate, excluding social housing
since 20202.300.495.451

Identification & contact

Identification
Legal formPrivate limited company
Founded23-10-2019
Fiscal year end30-06
Contact
E-mail bea@key-solutions.be
Phone 0477408781
E-invoicing
Reachable via Peppol
Peppol ID 0208:0736713812
Also 9925:BE0736713812
Registered 12-02-2025

Register as of 28 September 2026 · Peppol Directory

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