ODISSEY
ActiveSummary
ODISSEY has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1,455 and a net result of €7,094. Equity is shrinking by ~20.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability47▲+47
Solvency27▲+9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1.8%
Return on assets
8.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
1 d early
2023
on the day
2022
3 d early
2021
2 d early
2020
29 d early
2019
7 d 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 12 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€1,455
2023 · -€5,638
Total assets
€80,748▼ 1.7%
2023 · €82,159
Net result
€7,094
2023 · -€118,360
Working capital
€23,605▼ 8.9%
2023 · €25,912
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€67,631▲ 44.8%€164,365▲ 143%-€120,673-€89,925▲ 25.5%€13,382
Net result€31,410within the sector's middle half▲ 54.9%€83,838within the sector's middle half▲ 167%-€177,733below the sector's middle half-€118,360below the sector's middle half▲ 33.4%€7,094within the sector's middle half
Equity€206,616within the sector's middle half▲ 17.9%€290,454within the sector's middle half▲ 40.6%€112,721below the sector's middle half▼ 61.2%-€5,638below the sector's middle half€1,455below the sector's middle half
Total assets€1.4mwithin the sector's middle half▲ 34.4%€1.4mwithin the sector's middle half▲ 3.4%€1.3mwithin the sector's middle half▼ 12.2%€82,159below the sector's middle half▼ 93.5%€80,748below the sector's middle half▼ 1.7%
Debt€1.2m▲ 37.7%€1.1m▼ 3.1%€1.1m▲ 0.2%€87,798▼ 92.4%€79,292▼ 9.7%
Working capital€136,419within the sector's middle half▲ 18.8%€212,918within the sector's middle half▲ 56.1%€21,338below the sector's middle half▼ 90.0%€25,912below the sector's middle half▲ 21.4%€23,605below the sector's middle half▼ 8.9%
Solvency14.9%below the sector's middle half▼ 2.1pp20.2%within the sector's middle half▲ 5.3pp8.9%below the sector's middle half▼ 11.3pp-6.9%below the sector's middle half▼ 15.8pp1.8%below the sector's middle half▲ 8.7pp
Current ratio1.15within the sector's middle half▼ 0.051.24within the sector's middle half▲ 0.091.02below the sector's middle half▼ 0.211.53within the sector's middle half▲ 0.501.45within the sector's middle half▼ 0.08
Return on assets (ROA)2.3%within the sector's middle half▲ 0.3pp5.8%within the sector's middle half▲ 3.6pp-14.1%below the sector's middle half▼ 19.9pp-144.1%below the sector's middle half▼ 130.0pp8.8%within the sector's middle half▲ 152.8pp
Staff (FTE)1.7below the sector's middle half▲ 30.8%1.3below the sector's middle half▼ 23.5%2within the sector's middle half▲ 53.8%0.1below the sector's middle half▼ 95.0%0below the sector's middle half▼ 100%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13,382 after a loss of €89,925 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €80,748
Fixed assets
€4,471 ▼ 35.3%
Current assets
€76,276 ▲ 1.4%
Equity and liabilities €80,748
Equity
€1,455
Debt
€79,292
Debt finances 98.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€15,761▲
2023 · -€87,627
Cash flow
€9,473▲
2023 · -€116,061
Debt to equity
54.48▲
2023 · -15.57
ROE
487.4%
Interest coverage
2.02▲
2023 · -2.80
Debt ≤ 1 year
€52,671▲
2023 · €49,340
Debt > 1 year
€26,099▼
2023 · €35,446
Income taxes
€140▼
2023 · €149
Staff costs
€0▼
2023 · €10,792
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,325 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.4%
went bankrupt
3.2%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,340 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% | 1.0% |
| 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% 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 1,325 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €15,031 | €59,469 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €56,312 | €107,078 | €10,792 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,683 | €30,350 | €24,771 | €2,298 | €2,379 | ▲ 3.5% |
| Other operating charges640/8 | - | €5,012 | €7,029 | €3,423 | €1,907 | ▼ 44.3% |
| Non-recurring operating charges66A | - | - | - | €699 | €857 | ▲ 22.6% |
| Gross operating margin9900 | €158,823 | €256,038 | €18,206 | -€72,713 | €18,526 | ▲ 125% |
| Operating profit (loss)9901 | €67,631 | €164,365 | -€120,673 | -€89,925 | €13,382 | ▲ 115% |
| Financial income75/76B | - | €9,950 | €14,132 | €3,018 | €1,670 | ▼ 44.7% |
| Recurring financial income75 | €7,843 | €9,950 | €14,132 | €3,018 | €1,670 | ▼ 44.7% |
| Financial charges65/66B | - | €65,418 | €70,822 | €31,303 | €7,819 | ▼ 75.0% |
| Recurring financial charges65 | €36,649 | €65,195 | €70,822 | €31,303 | €7,819 | ▼ 75.0% |
| Non-recurring financial charges66B | - | €223 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €38,825 | €108,897 | -€177,364 | -€118,211 | €7,233 | ▲ 106% |
| Income taxes67/77 | €7,415 | €25,059 | €369 | €149 | €140 | ▼ 6.2% |
| Profit (loss) for the period9904 | €31,410 | €83,838 | -€177,733 | -€118,360 | €7,094 | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | €31,410 | €83,838 | -€177,733 | -€118,360 | €7,094 | ▲ 106% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.4m | €1.3m | €82,159 | €80,748 | ▼ 1.7% |
| Fixed assets21/28 | €331,024 | €317,965 | €296,421 | €6,907 | €4,471 | ▼ 35.3% |
| Intangible fixed assets21 | €11,098 | €4,166 | €699 | - | - | - |
| Tangible fixed assets22/27 | €319,926 | €313,799 | €295,122 | €6,307 | €3,871 | ▼ 38.6% |
| Land and buildings22 | - | €239,182 | €232,209 | - | - | - |
| Furniture and vehicles24 | - | €6,672 | €7,236 | €6,307 | €3,871 | ▼ 38.6% |
| Other tangible fixed assets26 | - | €67,945 | €55,676 | - | - | - |
| Financial fixed assets28 | - | - | €600 | €600 | €600 | = |
| Current assets29/58 | €1.1m | €1.1m | €964,116 | €75,253 | €76,276 | ▲ 1.4% |
| Stocks and contracts in progress3 | €594,610 | €934,459 | €712,603 | - | - | - |
| Stocks30/36 | - | €934,459 | €712,603 | - | - | - |
| Amounts receivable within one year40/41 | €216,408 | €164,187 | €228,981 | €44,631 | €45,969 | ▲ 3.0% |
| Trade receivables40 | - | €103,213 | €141,246 | €5,633 | €12,559 | ▲ 123% |
| Other amounts receivable41 | - | €60,974 | €87,735 | €38,998 | €33,410 | ▼ 14.3% |
| Cash at bank and in hand54/58 | €241,476 | €19,106 | €22,532 | €30,622 | €30,308 | ▼ 1.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.3m | €82,159 | €80,748 | ▼ 1.7% |
| Equity10/15 | €206,616 | €290,454 | €112,721 | -€5,638 | €1,455 | ▲ 126% |
| Contributions10/11 | - | €68,820 | €68,820 | €68,820 | €68,820 | = |
| Reserves13 | €137,796 | €221,634 | €43,901 | - | - | - |
| Non-distributable reserves130/1 | - | €6,882 | €6,882 | - | - | - |
| Reserves not available under the articles1311 | - | €6,882 | €6,882 | - | - | - |
| Distributable reserves133 | - | €214,752 | €37,019 | - | - | - |
| Profit (loss) carried forward14 | - | - | - | -€74,458 | -€67,365 | ▲ 9.5% |
| Amounts payable17/49 | €1.2m | €1.1m | €1.1m | €87,798 | €79,292 | ▼ 9.7% |
| Amounts payable after more than one year17 | €244,898 | €219,195 | €197,157 | €35,446 | €26,099 | ▼ 26.4% |
| Financial debts170/4 | - | €219,195 | €197,157 | €35,446 | €26,099 | ▼ 26.4% |
| Amounts payable within one year42/48 | €920,504 | €904,834 | €942,777 | €49,340 | €52,671 | ▲ 6.8% |
| Current portion of amounts payable after more than one year42 | - | €25,703 | €22,037 | €9,113 | €9,347 | ▲ 2.6% |
| Financial debts43 | - | €289,077 | €367,362 | - | - | - |
| Credit institutions430/8 | - | €235,000 | €300,000 | - | - | - |
| Other loans439 | - | €54,077 | €67,362 | - | - | - |
| Trade debts44 | €70,514 | €95,390 | €80,417 | €11,912 | €8,475 | ▼ 28.9% |
| Suppliers440/4 | - | €95,390 | €80,417 | €11,912 | €8,475 | ▼ 28.9% |
| Taxes, remuneration and social security45 | - | €41,776 | €47,765 | €2,338 | €4,875 | ▲ 109% |
| Taxes450/3 | - | €30,092 | €34,207 | €2,338 | €4,875 | ▲ 109% |
| Remuneration and social security454/9 | - | €11,684 | €13,558 | - | - | - |
| Other amounts payable47/48 | - | €452,888 | €425,196 | €25,977 | €29,974 | ▲ 15.4% |
| Accrued charges and deferred income492/3 | - | €21,234 | €7,881 | €3,012 | €522 | ▼ 82.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,410 | €83,838 | -€177,733 | -€118,360 | €7,094 | ▲ 106% |
| + Depreciation and write-downs630 | €31,683 | €30,350 | €24,771 | €2,298 | €2,379 | ▲ 3.5% |
| Operating cash flow (approximation) | €63,093 | €114,187 | -€152,962 | -€116,061 | €9,473 | ▲ 108% |
| Investment in fixed assets (approximation) | - | -€17,290 | -€3,228 | €287,216 | €56 | ▼ 100.0% |
| Change in cash | - | -€222,371 | €3,426 | €8,090 | -€314 | ▼ 104% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €7,094
Net result €7,094 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€177,733
Net result drops to -€177,733, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €83,838 ▲167%
Operating result €164,365, net result €83,838, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200,000Eq €206,616 ▲17.9%
3 profitable years in a row build equity to €206,616.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Wezembeek-Oppem · 1 establishment unit since 2010
Ground area
2,799 m²
Building footprint
127 m²
Volume, LiDAR
819 m³
Parcel 22302C0282/00F002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ODISSEY
since 20102.193.401.909
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22302C0282/00F002 | Flanders | 2,799 m² | 1 · 127 m² | 8.7 m · 2 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
5493008C7HMFLKR7QN52
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Of 1,173 companies in sector 46499 we hold annual accounts for 743. 61 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
Founded04-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
46495Wholesale trade
46497Wholesale trade
47120Other non-specialised retail sale
47632Retail sale of bicycles
Contact
E-mail
paul@odissey.beWezembeek-Oppem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0829900029
Also
9925:BE0829900029
Registered
17-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.