ONDINE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €6.29M and a net result of €2.83M. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 82% of 5498 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €6.29M
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
17 d early
2023
2 d early
2022
13 d early
2021
31 d late
2020
15 d early
2019
60 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€6.29M▲ 306%
2024 · €1.55M
2018: €1.16M
2019: €1.82M
2020: €1.83M
2021: €1.82M
2022: €1.66M
2023: €1.64M
2024: €1.55M
2018 → 2025
Net result
€2.83M
2024 · €-92k
2018: €47k
2019: €743k
2020: €10k
2021: €-9k
2022: €-156k
2023: €-21k
2024: €-92k
2018 → 2025
Total assets
€7.25M▲ 217%
2024 · €2.29M
2018: €1.46M
2019: €2.12M
2020: €1.97M
2021: €2.30M
2022: €2.18M
2023: €2.30M
2024: €2.29M
2018 → 2025
Solvency
86.8%▲ 19.0pp
2024 · 67.8%
2018: 79.8%
2019: 86.0%
2020: 93.0%
2021: 79.0%
2022: 76.5%
2023: 71.3%
2024: 67.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.82M-€1.66M▼ 8.6%€1.64M▼ 1.3%€1.55M▼ 5.6%€6.29M▲ 306%
Operating result€-35k-€-144k▼ 316%€-17k▲ 88.0%€-87k▼ 405%€3.49M
Net result€-9k-€-156k▼ 1,734%€-21k▲ 86.2%€-92k▼ 330%€2.83M
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3.49M after a loss of €87k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.25M
Fixed assets
€5.83M▲ 207%
Current assets
€1.41M▲ 266%
Equity and liabilities €7.25M
Equity
€6.29M▲ 306%
Provisions
€624k
Debt
€336k▼ 54.5%
The debt ratio falls from 32.2% to 4.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
86.8%▲
2024 · 67.8%
ROE
45.0%▲
2024 · -6.0%
ROA
39.0%▲
2024 · -4.0%
Debt
€336k▼
2024 · €737k
Debt ≤ 1 year
€87k▼
2024 · €166k
Debt > 1 year
€240k▼
2024 · €559k
Income taxes
€26k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.29M€7.25M▲
Fixed assets21/28€1.90M€5.83M▲
Tangible fixed assets22/27€1.89M€4.42M▲
Land and buildings22€1.86M€3.32M▲
Plant, machinery and equipment23€21k€18k▼
Furniture and vehicles24€7k€6k▼
Assets under construction and advance payments27-€1.08M
Financial fixed assets28€13k€1.41M▲
Current assets29/58€386k€1.41M▲
Amounts receivable after more than one year29€315k€130k▼
Other amounts receivable291€315k€130k▼
Amounts receivable within one year40/41€41k€78k▲
Trade receivables40€6k€8k▲
Other amounts receivable41€35k€70k▲
Cash at bank and in hand54/58€8k€1.20M▲
Deferred charges and accrued income490/1€22k€7k▼
Equity and liabilities
Total equity and liabilities10/49€2.29M€7.25M▲
Equity10/15€1.55M€6.29M▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Revaluation surpluses12-€3.10M
Reserves13€1.60M€3.13M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€4k€2.50M▲
Distributable reserves133€1.59M€619k▼
Profit (loss) carried forward14€-114k€0▲
Provisions and deferred taxes16-€624k
Deferred taxes168-€624k
Amounts payable17/49€737k€336k▼
Amounts payable after more than one year17€559k€240k▼
Financial debts170/4€559k€240k▼
Amounts payable within one year42/48€166k€87k▼
Current portion of amounts payable after more than one year42€43k€44k▲
Financial debts43€100k€0▼
Credit institutions430/8€100k€0▼
Trade debts44€16k€6k▼
Suppliers440/4€16k€6k▼
Taxes, remuneration and social security45€6k€26k▲
Taxes450/3€6k€26k▲
Other amounts payable47/48-€12k
Accrued charges and deferred income492/3€13k€9k▼
Income statement
Code20242025
Non-recurring operating income76A€9k€3.87M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€31k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€57k
Gross operating margin9900€-40k€3.58M▲
Operating profit (loss)9901€-87k€3.49M▲
Financial income75/76B€12k€14k▲
Recurring financial income75€12k€14k▲
Financial charges65/66B€17k€26k▲
Recurring financial charges65€17k€26k▲
Profit (loss) for the period before taxes9903€-92k€3.48M▲
Transfer to deferred taxes680-€624k
Income taxes67/77€0€26k▲
Profit (loss) for the period9904€-92k€2.83M▲
Transfer to tax-exempt reserves689-€2.50M
Profit (loss) for the period to be appropriated9905€-92k€330k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-114k€217k▲
Profit (loss) brought forward from the previous period14P€-21k€-114k▼
Transfer from equity791/2-€1.18M
Transfer to equity691/2-€209k
To other reserves6921-€209k
Profit to be distributed694/7-€1.19M
Return on contributions (dividend)694-€1.18M
Directors or managers695-€8k
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €2.83M
Net result €2.83M after 4 loss-making years.
31-12
Financial
Liquidity times 7current ratio 16.26
Current ratio from 2.33 to 16.26; short-term debt falls from €166k to €87k.
31-12
Financial
Equity above €5MEq €6.29M ▲306%
Equity rises from €1.55M to €6.29M.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 4.57
Current ratio from 1.57 to 4.57; short-term debt falls from €136k to €79k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-156k
Net result drops to €-156k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Liquidity times 8current ratio 2.71
Current ratio from 0.34 to 2.71.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
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.
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, Deinze · 1 establishment unit since 1998
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.
Filliersdreef 159800 DeinzeGround area
2.6 ha
Building footprint
1.3 ha
Volume, LiDAR
108,692 m³
Parcel 44006C0186/00B000, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Filliersdreef 15, 9800 Deinze
since 19982.089.173.825
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44006C0186/00B000 | Flanders | 2.6 ha | 1 · 1.3 ha | 14.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
8755008OCDCYCMRR7055
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 7,430 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-10-1998
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.