ODYSSEE DISTILLERIE
ActiveSummary
The computed 12-month bankruptcy probability of ODYSSEE DISTILLERIE is 2.8% (moderate). The 2025 annual accounts show negative equity (-€1.7m) and a net result of -€346,848. Equity is shrinking by about 8.9% per year across the filed financial years. Its solvency ranks better than 14% of 372 sector peers (NACE 11, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
- Equity
- -€1.7m
- Loss
- -€346,848
Why 49raises riskLiquidity: current ratio 0.50, cash €100, halvedNegative equity -€1.7mLoss of €346,848, the second in a row (financial year 2025)lowers riskSize: total assets €2.2mShow the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 11, small): better than 2% on solvency, 1% on liquidity, 4% on profitability and 72% on growth.
The bankruptcy probability was computed on 17-10-2026 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).
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Signals
This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 11) for financial year 2024 is 2 days before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Resignations: ANCART Pierre-Louis (director) and BOULAÏZ…Gazette deed
- Appointment: AELVOET, SAMAN & PARTNERS (company…Capital increase · Share issue…
Financials · financial year 2025, micro format
2025 annual accounts filed late (19 days) Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00409523.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €346,888 in 2025 against €64,832 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 11, Manufacture of beverages: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 598 companies that looked in July 2024 the way this one looks now, 9.4% went bankrupt within 24 months and 83.4% are still going.
- Small
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.2% 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 497,473 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 74.5% 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 598 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €12,906 | - | €73,442 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €163,082 | €182,702 | €219,776 | €125,335 | €81,233 | ▼ 35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €108,932 | €128,985 | €133,921 | €145,113 | €149,075 | €152,796 | €138,074 | €93,179 | ▼ 32.5% |
| Other operating charges640/8 | - | - | - | €3,354 | €4,054 | €4,699 | €1,490 | €5,638 | ▲ 278% |
| Gross operating margin9900 | -€105,799 | -€213,586 | -€380,887 | -€34,950 | €332,247 | €306,257 | €200,066 | -€166,839 | - |
| Operating profit (loss)9901 | -€264,930 | -€420,033 | -€640,621 | -€346,499 | -€3,584 | -€71,015 | -€64,832 | -€346,888 | ▼ 435% |
| Financial income75/76B | - | - | - | €189 | €43 | €5 | €1 | €5,058 | ▲ 842,967% |
| Recurring financial income75 | - | - | €263 | €189 | €43 | €5 | €1 | €5,058 | ▲ 842,967% |
| Financial charges65/66B | - | - | - | €1,160 | €464 | €368 | €618 | €5,018 | ▲ 712% |
| Recurring financial charges65 | €9,091 | €724 | €205 | €1,160 | €464 | €368 | €618 | €5,018 | ▲ 712% |
| Profit (loss) for the period before taxes9903 | -€274,021 | -€420,754 | -€640,564 | -€347,469 | -€4,005 | -€71,378 | -€65,450 | -€346,848 | ▼ 430% |
| Profit (loss) for the period9904 | -€274,021 | -€420,754 | -€640,564 | -€347,469 | -€4,005 | -€71,378 | -€65,450 | -€346,848 | ▼ 430% |
| Profit (loss) for the period to be appropriated9905 | -€274,021 | -€420,754 | -€640,564 | -€347,469 | -€4,005 | -€71,378 | -€65,450 | -€346,848 | ▼ 430% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €1.0m | €1.0m | €1.2m | €1.6m | €2.1m | €2.2m | €2.2m | ▼ 1.1% |
| Fixed assets21/28 | €0.8m | €0.8m | €0.7m | €0.7m | €0.6m | €0.4m | €0.3m | €0.2m | ▼ 30.5% |
| Intangible fixed assets21 | - | €0.05m | €0.05m | €0.04m | €0.02m | €0.006m | €0.002m | €0.001m | ▼ 63.6% |
| Tangible fixed assets22/27 | €0.8m | €0.8m | €0.7m | €0.6m | €0.6m | €0.4m | €0.3m | €0.2m | ▼ 30.8% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.1m | €0.09m | €0.03m | €0.01m | ▼ 55.5% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.01m | €0.005m | €0.004m | €0.003m | ▼ 36.3% |
| Other tangible fixed assets26 | - | - | - | €0.4m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 28.0% |
| Financial fixed assets28 | €194 | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Current assets29/58 | €0.03m | €0.2m | €0.3m | €0.5m | €1.0m | €1.7m | €1.9m | €1.9m | ▲ 3.7% |
| Stocks and contracts in progress3 | - | €0.2m | €0.2m | €0.4m | €0.9m | €1.6m | €1.8m | €1.8m | ▼ 2.9% |
| Stocks30/36 | - | - | - | €0.4m | €0.9m | €1.6m | €1.8m | €1.8m | ▼ 2.9% |
| Amounts receivable within one year40/41 | €0.02m | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | €0.1m | ▲ 804% |
| Trade receivables40 | - | - | - | €0.009m | €0.003m | €0.003m | €72 | €0.004m | ▲ 5,610% |
| Other amounts receivable41 | - | - | - | €0.008m | €0.01m | €0.02m | €0.02m | €0.1m | ▲ 781% |
| Cash at bank and in hand54/58 | €0.009m | €12 | €0.04m | €0.03m | €0.05m | €0.01m | €0.002m | €100 | ▼ 95.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.02m | €0.01m | €0.007m | €0.008m | ▲ 15.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €1.0m | €1.0m | €1.2m | €1.6m | €2.1m | €2.2m | €2.2m | ▼ 1.1% |
| Equity10/15 | -€0.4m | -€0.9m | -€1.5m | -€1.9m | -€1.9m | -€1.9m | -€2.0m | -€1.7m | ▲ 12.7% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.6m | ▲ 3,226% |
| Profit (loss) carried forward14 | -€0.5m | -€0.9m | -€1.5m | -€1.9m | -€1.9m | -€1.9m | -€2.0m | -€2.4m | ▼ 17.2% |
| Amounts payable17/49 | €1.3m | €1.9m | €2.5m | €3.0m | €3.5m | €4.0m | €4.2m | €3.9m | ▼ 6.7% |
| Amounts payable within one year42/48 | €1.3m | €1.9m | €2.5m | €3.0m | €3.5m | €4.0m | €4.2m | €3.9m | ▼ 6.7% |
| Trade debts44 | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | €0.2m | €0.06m | €0.05m | ▼ 2.2% |
| Suppliers440/4 | - | - | - | €0.2m | €0.1m | €0.2m | €0.06m | €0.05m | ▼ 2.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | €0.03m | €0.02m | €0.02m | ▼ 2.3% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.03m | €0.02m | €0.02m | ▼ 2.3% |
| Other amounts payable47/48 | - | - | - | €2.8m | €3.3m | €3.8m | €4.1m | €3.8m | ▼ 6.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | - | €0.001m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€274,021 | -€420,754 | -€640,564 | -€347,469 | -€4,005 | -€71,378 | -€65,450 | -€346,848 | ▼ 430% |
| + Depreciation and write-downs630 | €108,932 | €128,985 | €133,921 | €145,113 | €149,075 | €152,796 | €138,074 | €93,179 | ▼ 32.5% |
| Operating cash flow (approximation) | -€165,089 | -€291,770 | -€506,642 | -€202,356 | €145,070 | €81,418 | €72,624 | -€253,669 | - |
| Investment in fixed assets (approximation) | - | -€139,747 | -€48,938 | -€86,889 | -€50,226 | -€8,167 | -€2,750 | €0 | - |
| Change in cash | - | -€8,767 | €35,866 | -€3,772 | €14,218 | -€34,364 | -€9,569 | -€2,292 | ▲ 76.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 19-08-2026 | 2026-00409523 |
| 31-12-2024 | micro format | 12-06-2025 | 2025-00137236 |
| 31-12-2023 | micro format | 14-08-2024 | 2024-00362397 |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00361341 |
| 31-12-2021 | micro format | 13-06-2022 | 2022-20058838 |
| 31-12-2020 | micro format | 26-07-2021 | 2021-40400463 |
| 31-12-2019 | micro format | 02-07-2020 | 2020-27200298 |
| 31-12-2018 | micro format | 22-08-2019 | 2019-49300464 |
| 31-12-2017 | micro format | 29-08-2018 | 2018-52800287 |
| 31-12-2016 | full format | 30-06-2017 | 2017-24700553 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| AELVOET, SAMAN & PARTNERS |
|
| BOULAÏZ Hecham |
|
| ANCART Pierre-Louis |
|
Owners and capital
Capital and shareholders
- ANCART Harold €600,000 in kind
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 12-12-2025 Capital increase of €600,000 · to €618,600 · 600,000 new shares · in kind
Group and network
Connections & network
No directors read yet: 2 of 9 Gazette acts processed.
History
Acts, filings and financial milestones
30-12
Gazette deed
Resignations: ANCART Pierre-Louis (director) and BOULAÏZ Hecham (director)3 facts ▸
- General meeting, 09-10-2025
- Director resignation, ANCART Pierre-Louis (director)
- Director resignation, BOULAÏZ Hecham (director)
12-12
Gazette deed
Appointment: AELVOET, SAMAN & PARTNERS (company auditor)Capital increase · Share issue · Capital contribution17 facts ▸
- General meeting, 29-09-2025
- Other provision, “Verslag van de bestuurders over de verhoging van de inbrengen door inbreng in natura, artikelen 5:121 § 1 en 5:133 § 1 WVV” (deed in Dutch)
- Other provision, “Ontslag van de verplichting om het verslag van de bestuurders voor te lezen, unaniem” (deed in Dutch)
- Other provision, “Verslag van de bedrijfsrevisor over de inbreng in natura, onderzoek van beschrijving, waardering en waarderingsmethoden” (deed in Dutch)
- Other provision, “Ontslag van de verplichting om het verslag van de bedrijfsrevisor voor te lezen, unaniem” (deed in Dutch)
- Other provision, “Slotconclusie verslag bedrijfsrevisor, waarden komen ten minste overeen met de waarde van de inbreng en de werkelijke vergoeding” (deed in Dutch)
- Capital increase, €600,000
- Other provision, “Beschikbare eigen vermogensrekening, nieuwe inbrengen worden beschikbaar gemaakt en niet op onbeschikbare eigen vermogensrekening ingeschreven” (deed in Dutch)
- Other provision, “Beschrijving inbreng, ontslaat vennootschap van verplichting om lening terug te betalen” (deed in Dutch)
- Share issue, “gewone aandelen”, 600000 (deed in Dutch)
- Capital contribution, €600,000
- Share issue, 600000, “toegekend aan inbrenger” (deed in Dutch)
- +5 further facts in this act
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 17 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLegal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22001B0047/00A002 | Flanders | 8,200 m² | 1 · 6,689 m² | 28.2 m · 2 |