Odyssée Studio
ActiveSummary
Odyssée Studio has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-3k) and a net result of €-9k. Equity is shrinking by ~39.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency18▼-64
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 2.26 in 2023; short-term debt: 107.3% and cash: 30.8% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer 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
-7.3%
Return on assets
-22.6%
Age of the figures
21 mo
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 dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
20 d late
2022
49 d early
2021
25 d early
2020
45 d late
2019
42 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€-3k
2023 · €19k
Total assets
€42k▲ 28.0%
2023 · €33k
Net result
€-9k
2023 · €14k
Working capital
€-12k
2023 · €18k
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
Line20202021202220232024
Operating result€33k▲ 12.6%€52k▲ 54.2%€18k▼ 65.5%€20k▲ 11.9%€-9k
Net result€27k▲ 12.2%€41k▲ 49.4%€15k▼ 64.4%€14k▼ 3.0%€-9k
Equity€58k▲ 88.9%€111k▲ 91.2%€36k▼ 67.8%€19k▼ 48.1%€-3k
Total assets€83k▲ 82.4%€141k▲ 70.1%€99k▼ 29.6%€33k▼ 67.0%€42k▲ 28.0%
Debt€25k▲ 68.7%€29k▲ 19.8%€63k▲ 115%€14k▼ 77.7%€45k▲ 219%
Working capital€57k▲ 103%€111k▲ 95.8%€34k▼ 69.1%€18k▼ 48.1%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €9k after €20k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €42k
Fixed assets
€9k ▲ 971%
Current assets
€32k ▲ 2.1%
Key figures and ratios
EBITDA
€-7k▼
2023 · €21k
Cash flow
€-8k▼
2023 · €15k
Solvency
-7.3%▼
2023 · 56.9%
Current ratio
0.72▼
2023 · 2.26
Debt to equity
-14.70▼
2023 · 0.76
ROA
-22.6%▼
2023 · 43.2%
Interest coverage
-40.75▼
2023 · 55.10
Debt ≤ 1 year
€45k▲
2023 · €14k
Income taxes
€234▼
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €522 | €760 | €2k | ▲ 132% |
| Other operating charges640/8 | - | €794 | €834 | €896 | €608 | ▼ 32.2% |
| Non-recurring operating charges66A | - | €45 | €268 | €116 | €126 | ▲ 8.8% |
| Gross operating margin9900 | €36k | €53k | €19k | €22k | €-7k | ▼ 130% |
| Operating profit (loss)9901 | €33k | €52k | €18k | €20k | €-9k | ▼ 145% |
| Financial income75/76B | - | €2k | €3k | €1 | €0 | ▼ 98.0% |
| Recurring financial income75 | €2k | €2k | €3k | €1 | €0 | ▼ 98.0% |
| Financial charges65/66B | - | €893 | €512 | €375 | €179 | ▼ 52.4% |
| Recurring financial charges65 | €141 | €893 | €512 | €375 | €179 | ▼ 52.4% |
| Profit (loss) for the period before taxes9903 | €36k | €53k | €20k | €20k | €-9k | ▼ 147% |
| Income taxes67/77 | €8k | €12k | €5k | €5k | €234 | ▼ 95.7% |
| Profit (loss) for the period9904 | €27k | €41k | €15k | €14k | €-9k | ▼ 167% |
| Profit (loss) for the period to be appropriated9905 | €27k | €41k | €15k | €14k | €-9k | ▼ 167% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €83k | €141k | €99k | €33k | €42k | ▲ 28.0% |
| Formation expenses20 | €580 | €362 | €145 | - | - | - |
| Fixed assets21/28 | €1k | €270 | €1k | €871 | €9k | ▲ 971% |
| Tangible fixed assets22/27 | €1k | €270 | €1k | €871 | €9k | ▲ 971% |
| Furniture and vehicles24 | - | €270 | €1k | €871 | €9k | ▲ 971% |
| Current assets29/58 | €81k | €140k | €97k | €32k | €32k | ▲ 2.1% |
| Amounts receivable within one year40/41 | €42k | €54k | €24k | €17k | €19k | ▲ 12.0% |
| Trade receivables40 | - | €13k | €18k | €14k | €10k | ▼ 28.8% |
| Other amounts receivable41 | - | €41k | €7k | €3k | €9k | ▲ 238% |
| Cash at bank and in hand54/58 | €39k | €85k | €73k | €15k | €13k | ▼ 12.3% |
| Deferred charges and accrued income490/1 | - | €608 | €100 | €111 | €570 | ▲ 415% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €83k | €141k | €99k | €33k | €42k | ▲ 28.0% |
| Equity10/15 | €58k | €111k | €36k | €19k | €-3k | ▼ 116% |
| Contributions10/11 | €6k | €19k | €19k | €19k | €6k | ▼ 65.6% |
| Reserves13 | €52k | €93k | €17k | - | - | - |
| Distributable reserves133 | - | €93k | €17k | - | - | - |
| Profit (loss) carried forward14 | - | - | - | - | €-9k | - |
| Amounts payable17/49 | €25k | €29k | €63k | €14k | €45k | ▲ 219% |
| Amounts payable within one year42/48 | €25k | €29k | €63k | €14k | €45k | ▲ 219% |
| Financial debts43 | - | - | - | - | €1k | - |
| Credit institutions430/8 | - | - | - | - | €1k | - |
| Trade debts44 | €1k | €4k | €1k | €2k | €6k | ▲ 189% |
| Suppliers440/4 | - | €4k | €1k | €2k | €6k | ▲ 189% |
| Taxes, remuneration and social security45 | - | €25k | €30k | €6k | €4k | ▼ 32.5% |
| Taxes450/3 | - | €25k | €30k | €6k | €4k | ▼ 32.5% |
| Other amounts payable47/48 | - | - | €32k | €6k | €33k | ▲ 472% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €41k | €15k | €14k | €-9k | ▼ 167% |
| + Depreciation and write-downs630 | €1k | €1k | €522 | €760 | €2k | ▲ 132% |
| Operating cash flow (approximation) | €29k | €42k | €15k | €15k | €-8k | ▼ 152% |
| Investment in fixed assets (approximation) | - | €-217 | €-2k | €-145 | €-10k | ▼ 6,948% |
| Change in cash | - | €46k | €-12k | €-58k | €-2k | ▲ 96.9% |
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
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €41k ▲49.4%
Operating result €52k, net result €41k, both a record.
31-12
Financial
Equity above €100kEq €111k ▲91.2%
3 profitable years in a row build equity to €111k.
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Braine-le-Château · 1 establishment unit since 2018
Ground area
1,442 m²
Building footprint
148 m²
Parcel 25015E0272/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Odyssée Studio
since 20182.279.927.788
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015E0272/00G000 | Wallonia | 1,442 m² | 1 · 148 m² | - |
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.
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Of 3,923 companies in sector 71112 we hold annual accounts for 1,294. 930 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
Founded21-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
71112Activities of interior architects
Scores and ratios are computed by Checked and are not a credit decision.