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BE 0878.299.960Private limited company (pre-2019)Open bankruptcy
Odilon Creations Materials & Development
Vaartstraat(Kor) 130 ·8500 Kortrijk, Belgium· 20 yrs active
Conclusion
A bankruptcy procedure is open for Odilon Creations Materials & Development according to publications in the Belgian State Gazette. The 2018 annual accounts show equity of €119k and a net result of €-42k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €119k |
| Net result | €-42k |
| Active | 20 yrs |
| Locations | 1 |
Snowflake analysis
20
/ 100
Fragile profile — watch health in particular.
Health
0
Profitability
0
Solvency
51
Growth
50
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 28-10-2019 with the NBB · fiscal year 2018 · verkort
| Fiscal year | 2018 |
|---|---|
| Revenue | — |
| EBITDA | €44k |
| Net profit | €-42k |
| Cash flow | €-36k |
| Staff costs | — |
| Income taxes | €11k |
| Dividends | — |
| Total assets | €500k |
| Equity | €119k |
| Debt | €376k |
| of which ≤ 1y | €376k |
| of which > 1y | — |
| Working capital | €115k |
| Employees (FTE) | — |
Ratios (computed)
| 2018 | |
|---|---|
| Current ratio | 1.31 |
| Quick ratio | 1.08 |
| Working capital ratio | 23.0% |
| Solvency | 23.8% |
| Debt / equity | — |
| Long-term debt ratio | — |
| Interest coverage | — |
| Gross margin | — |
| Net margin | — |
| ROA | -8.3% |
| ROE | -34.9% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2018
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2018 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €500k |
| Fixed assets | 21/28 | €9k |
| Tangible fixed assets | 22/27 | €7k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €491k |
| Stocks & contracts in progress | 3 | €87k |
| Amounts receivable within one year | 40/41 | €395k |
| Cash & bank | 54/58 | €9k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €500k |
| Equity | 10/15 | €119k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €142k |
| Accumulated profits (losses) | 14 | €-42k |
| Provisions & deferred taxes | 16 | €5k |
| Amounts payable | 17/49 | €376k |
| Amounts payable within one year | 42/48 | €376k |
| Trade debts payable within one year | 44 | €128k |
| Income statement | ||
| Gross operating margin | 9900 | €50k |
| Operating result | 9901 | €39k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €36k |
| Income taxes | 67/77 | €11k |
| Net result for the period | 9904 | €25k |
| Result to be appropriated | 9905 | €25k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MARIAN RAPSAET MINISTER TACKLAAN 51,
8500 KORTRIJK |
29-06-2021 → present | Belgian State Gazette |
Legal Structure
| NACE primary | — |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 30-12-2005 |
| Status | Active |
| Postal code | 8500 |
| First BS signal | 16-07-2021 |
| Latest BS signal | 16-07-2021 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
Odilon Creations Materials & development
since 20062.151.435.056
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0085/00H031 | Flanders | 1,775 m² | 1 · 670 m² | 8.4 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2021
16-07-2021
Bankruptcy
Opening
2019
28-10-2019
NBB filing
Annual accounts filed
2018
29-06-2018
NBB filing
Annual accounts filed
2017
19-09-2017
NBB filing
Annual accounts filed
2016
30-06-2016
NBB filing
Annual accounts filed
2015
16-09-2015
NBB filing
Annual accounts filed
2014
08-07-2014
NBB filing
Annual accounts filed
2013
31-07-2013
NBB filing
Annual accounts filed
2012
13-07-2012
NBB filing
Annual accounts filed
2011
30-09-2011
NBB filing
Annual accounts filed
2010
17-09-2010
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
16-07-2021
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Names & trade names
| Legal nameNL | Odilon Creations Materials & Development |
Registered office
Vaartstraat(Kor) 130
8500 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.