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ODITY-LAW

Active
Private limited company (pre-2019)·Activiteiten van advocaten· 9 yrs active
Louizalaan 50 ·1050 Elsene, Belgium
KBO/BCE: BE 0674.785.646
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Age9 yrs
Board1
Connections8
Real estate3 parcels · 1,462 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ODITY-LAW is 0.8% (low). The 2024 annual accounts show negative equity (€-58k) and a net result of €-3k. Equity is shrinking by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 4818 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.8% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Annual accounts: weaker financial profile +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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.
How we compute the deadline
The year end is derived from 8 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 30-09-2025 61 d late 2025-00537483
31-12-2023 31-07-2024 29-01-2025 182 d late 2025-00015221
31-12-2022 31-07-2023 23-12-2023 145 d late 2023-00537272
31-12-2021 31-07-2022 30-11-2022 122 d late 2022-20534118
31-12-2020 31-07-2021 31-12-2021 153 d late 2021-82500071
31-12-2019 31-07-2020 31-12-2021 518 d late 2021-82500070
31-12-2018 31-07-2019 17-09-2019 48 d late 2019-64800134
31-12-2017 31-07-2018 26-07-2018 5 d early 2018-39400385

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2017, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-3k+63.3%
Working capital€-60k-4.4%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro
€-60k€-40k€-20k€0Operating result 2020: €-583€-583Net result 2020: €-52k€-52kOperating result 2021: €-1k€-1kNet result 2021: €-5k€-5kOperating result 2022: €-4k€-4kNet result 2022: €-8k€-8kOperating result 2023: €-4k€-4kNet result 2023: €-9k€-9kOperating result 2024: €1k€1kNet result 2024: €-3k€-3k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~10.1%/year over 7 fiscal years, indicative, assuming unchanged policy.
€-100k€-75k€-50k€-25k€02025: €-63k (€-69k - €-57k)2026: €-67k (€-76k - €-58k)2027: €-72k (€-84k - €-59k)2018: €3k2019: €-41k2020: €-44k2021: €-42k2022: €-46k2023: €-55k2024: €-58k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 69, Legal & accounting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -71.9% 61.0%
better than 5% of 4818 sector peers
Net result €-3k €34k
better than 5% of 4815 sector peers
Equity €-58k €59k
better than 5% of 4818 sector peers
Gross operating margin €5k €56k
better than 5% of 4813 sector peers
Total assets €81k €117k
better than 35% of 4818 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P5
2020: P5 · n=5582021: P5 · n=15292022: P5 · n=27612023: P5 · n=39772024: P5 · n=48182020 2024
Stable position over 2020-2024 · n=558-4818
Net result P5
2020: P9 · n=5582021: P5 · n=15282022: P5 · n=27612023: P5 · n=39752024: P5 · n=48152020 2024
Stable position over 2020-2024 · n=558-4815
Equity P5
2020: P5 · n=5592021: P5 · n=15292022: P5 · n=27612023: P5 · n=39782024: P5 · n=48182020 2024
Stable position over 2020-2024 · n=559-4818
Gross operating margin P5
2020: P7 · n=5572021: P5 · n=15262022: P5 · n=27582023: P5 · n=39692024: P5 · n=48132020 2024
Stable position over 2020-2024 · n=557-4813
Describes the position versus peers, not a forecast.
EBITDA
€2k
- 18-24
Net profit
€-3k
+63.3% 18-24
Cash flow
€-3k
+70.0% 18-24
Total assets
€81k
+12.0% 18-24
Equity
€-58k
-5.8% 18-24
Working capital
€-60k
-4.4% 18-24
Debt
€140k
+9.3% 18-24
Debt ≤ 1y
€140k
+9.3% 18-24
Current ratio
0.57
+3.8% 18-24
Quick ratio
0.57
+3.8% 18-24
Solvency
-71.9%
+5.5% 18-24
Debt / equity
-2.39
-3.3% 18-24
ROE
5.5%
-65.4% 18-24
ROA
-4.0%
+67.3% 18-24
Interest coverage
0.44
- 18-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€2k
Net profit€-3k
Cash flow€-3k
Staff costs-
Income taxes-
Dividends-
Total assets€81k
Equity€-58k
Debt€140k
of which ≤ 1y€140k
of which > 1y-
Working capital€-60k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.57
Quick ratio0.57
Working capital ratio-74.2%
Solvency-71.9%
Debt / equity-2.39
Long-term debt ratio-
Interest coverage0.44
Gross margin-
Net margin-
ROA-4.0%
ROE5.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€81k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€2k
Current assets 29/58€79k
Amounts receivable within one year 40/41€79k
Cash & bank 54/58€552
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€81k
Equity 10/15€-58k
Contributions / capital 10/11€19k
Reserves 13€40
Accumulated profits (losses) 14€-77k
Amounts payable 17/49€140k
Amounts payable within one year 42/48€140k
Trade debts payable within one year 44€51k
Income statement
Gross operating margin 9900€5k
Operating result 9901€1k
Financial income 75€53
Financial charges 65€5k
Result before taxes 9903€-3k
Net result for the period 9904€-3k
Result to be appropriated 9905€-3k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
8 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

3 directors
Current directors & mandates
Former directors (2)
  • LEGITECH SRLLegal entity
    Director· perm. rep.: Juan Arturo Diaz Cordova
    State Gazette act 25158148 (16-12-2025)
    Former
    - → 23-05-2025
  • LARDINOIS Jean-Christophe Pierre
    Director
    State Gazette act 22128507 (28-10-2022)
    Former
    - → 18-03-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Activiteiten van advocaten(69101)
Legal form Private limited company (pre-2019)(015)
Incorporation24-04-2017
StatusActive
Postal code1050

Structure & network

Connections & network

8 connected companies
AEH Avocats & Partners, Shared address AAAEH Avocats &PartnersCARCHARODON, Shared address CCARCHARODONFITRAW, Shared address FFITRAWJDP Home, Shared address JHJDP HomeSOFTWARE & APPLICATION DEVELOPMENT, Shared address S&SOFTWARE &APPLICAT…PMENTSOUND OF VISION, Shared address SOSOUND OFVISIONSXUPER, Shared address SSXUPERVITALA, Shared address VVITALAODITY-LAW ODITY-LAW0674.785.646
Shared address / shareholder
Network connections
→
CARCHARODON
Shared address
→
FITRAW
Shared address
→
JDP Home
Shared address
→
SOUND OF VISION
Shared address
→
SXUPER
Shared address
→
VITALA
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Louizalaan 501050 Elsene

Establishment units

3 locations
ODITY
Louizalaan 50, 1050 ElseneActiviteiten van advocaten
since 20172.263.692.364
ODITY
Chemin de la Planterie 1, 1390 Grez-DoiceauActiviteiten van advocaten
since 20182.272.227.869
Messidorlaan 188, 1180 Ukkel
Activiteiten van advocaten
since 20242.378.348.641
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels3
Ground area1,462 m²
Buildings3
Building footprint533 m²
Volume (LiDAR)8,903 m³
Tallest building37.0 m · ±10 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Wallonia 1 (33.3%) Brussels 2 (66.7%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0361/00N007 Brussels 578 m² 1 · 230 m² 22.2 m · 5 fl.
25008A0149/00C000 Wallonia 513 m² 1 · 124 m² 6.8 m · 2 fl.
21618B0261/00K002 Brussels 371 m² 1 · 178 m² 37.0 m · 10 fl.
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

5 acts
Address history · 3
28-10-2022
v3.2
25-02-2021
v3.2
07-08-2017
v3.2
All acts · 5 updated 7 months ago
2025
16-12-2025 1 director appointed, 1 resigning Director changes
  • Juan Arturo Diaz Cordova, Bestuurder
  • Juan Arturo Diaz Cordova, Bestuurder
Summary: v3.2
2022
28-10-2022 Registered office moved from Uccle to Ixelles Registered-office change
  • AVENUE MESSIDOR 188, 1180 Uccle → avenue Louise 50, 1050 Ixelles
Summary: v3.2
2021
25-02-2021 Registered office moved from Ixelles to Uccle Registered-office change
  • Avenue des Saisons 60, 1050 Ixelles → Avenue de Messidor 188, 1180 Uccle
Summary: v3.2
2017
07-08-2017 Registered office moved within Bruxelles Registered-office change
  • Rue Gachard 88, 1050 Bruxelles → Avenue des Saisons 90, 1050 Bruxelles
Summary: v3.2
26-04-2017 Incorporation of a new SNC Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health8Profitability27Solvency35Growth58Stability100
46 / 100

Mixed profile: strong on stability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 8
Profitability 27
Solvency 35
Growth 58
Stability 100

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Credit advice

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Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 3,193 of the 21,876 companies in this sector. 824 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van advocaten69101Activiteiten van advocaten69101Beroepsopleiding85592Beroepsopleiding85592
Primary activity highlighted.
Names & trade names
Legal nameFR ODITY-LAW
Registered office
Louizalaan 50 bus 7
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.