ORIENT OVERSEAS DEVELOPMENTS
ActiveSummary
ORIENT OVERSEAS DEVELOPMENTS has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,917 and a net result of €14,920. Equity is growing by about 85% per year across the filed financial years. Its solvency ranks better than 95% of 5,671 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €69,917
- Profit
- €14,920
- YU XiaoyingDirector
Why 98raises riskSize: total assets €75,594lowers riskLiquidity: current ratio 13.32, cash €71,008Equity €69,917 (92.5% of total assets)Founded in 2013Show the evidence
Checked score
Fewer than 1 in 1,000 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 96, micro): better than 93% on solvency, 98% on liquidity, 81% on profitability and 72% on growth.
The bankruptcy probability was computed on 25-10-2026 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 38 days before the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
- Resignation: Yao Liyan (director)Gazette deed
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 13% above 2024 and is the highest 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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 96, Personal service activities: 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).
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,475 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% | 0.9% |
| 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 34,695 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 |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €402 | €144 | €144 | €144 | €144 | €144 | €144 | €144 | = |
| Other operating charges640/8 | - | - | - | €101 | €102 | €109 | €118 | €120 | ▲ 1.7% |
| Gross operating margin9900 | -€538 | -€237 | €5,496 | €6,416 | €12,218 | €19,621 | €17,760 | €20,051 | ▲ 12.9% |
| Operating profit (loss)9901 | -€5,403 | -€479 | €5,252 | €6,171 | €11,972 | €19,368 | €17,498 | €19,788 | ▲ 13.1% |
| Financial income75/76B | - | - | - | - | - | - | - | €365 | - |
| Recurring financial income75 | €119 | - | €15 | - | - | - | - | €365 | - |
| Financial charges65/66B | - | - | - | €141 | €155 | €153 | €150 | €190 | ▲ 26.3% |
| Recurring financial charges65 | €118 | €115 | €74 | €141 | €155 | €153 | €150 | €190 | ▲ 26.3% |
| Profit (loss) for the period before taxes9903 | -€5,402 | -€594 | €5,193 | €6,031 | €11,818 | €19,215 | €17,348 | €19,963 | ▲ 15.1% |
| Income taxes67/77 | - | - | - | - | - | €2,221 | €3,470 | €5,043 | ▲ 45.3% |
| Profit (loss) for the period9904 | -€5,402 | -€594 | €5,193 | €6,031 | €11,818 | €16,994 | €13,878 | €14,920 | ▲ 7.5% |
| Profit (loss) for the period to be appropriated9905 | -€5,402 | -€594 | €5,193 | €6,031 | €11,818 | €16,994 | €13,878 | €14,920 | ▲ 7.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1,777 | €1,924 | €10,565 | €15,416 | €27,531 | €43,516 | €57,347 | €75,594 | ▲ 31.8% |
| Fixed assets21/28 | €1,005 | €861 | €718 | €574 | €431 | €287 | €144 | - | - |
| Tangible fixed assets22/27 | €1,005 | €861 | €718 | €574 | €431 | €287 | €144 | - | - |
| Plant, machinery and equipment23 | - | - | - | €574 | €431 | €287 | €144 | - | - |
| Current assets29/58 | €773 | €1,063 | €9,847 | €14,842 | €27,100 | €43,229 | €57,203 | €75,594 | ▲ 32.2% |
| Stocks and contracts in progress3 | €261 | €106 | €75 | €90 | €73 | €91 | €71 | €91 | ▲ 27.1% |
| Stocks30/36 | - | - | - | €90 | €73 | €91 | €71 | €91 | ▲ 27.1% |
| Amounts receivable within one year40/41 | €314 | - | €860 | - | €1,854 | €2,976 | €2,849 | €3,503 | ▲ 23.0% |
| Trade receivables40 | - | - | - | - | - | €136 | - | €992 | - |
| Other amounts receivable41 | - | - | - | - | €1,854 | €2,840 | €2,849 | €2,511 | ▼ 11.8% |
| Cash at bank and in hand54/58 | €198 | €958 | €8,912 | €14,522 | €24,960 | €40,162 | €54,283 | €71,008 | ▲ 30.8% |
| Deferred charges and accrued income490/1 | - | - | - | €230 | €214 | - | - | €992 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1,777 | €1,924 | €10,565 | €15,416 | €27,531 | €43,516 | €57,347 | €75,594 | ▲ 31.8% |
| Equity10/15 | €1,676 | €1,083 | €6,276 | €12,307 | €24,125 | €41,119 | €54,997 | €69,917 | ▲ 27.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | - | - | €5,525 | €22,519 | €36,397 | €51,317 | ▲ 41.0% |
| Distributable reserves133 | - | - | - | - | €5,525 | €22,519 | €36,397 | €51,317 | ▲ 41.0% |
| Profit (loss) carried forward14 | -€16,924 | -€17,517 | -€12,324 | -€6,293 | - | - | - | - | - |
| Amounts payable17/49 | €101 | €842 | €4,289 | €3,110 | €3,406 | €2,397 | €2,350 | €5,677 | ▲ 142% |
| Amounts payable within one year42/48 | €101 | €842 | €4,289 | €3,110 | €3,406 | €2,397 | €2,350 | €5,677 | ▲ 142% |
| Trade debts44 | €101 | €281 | €1,199 | €528 | €95 | €799 | €12 | €2,460 | ▲ 203× |
| Suppliers440/4 | - | - | - | €528 | €95 | €799 | €12 | €2,460 | ▲ 203× |
| Taxes, remuneration and social security45 | - | - | - | €792 | €1,521 | €808 | €1,707 | €2,466 | ▲ 44.5% |
| Taxes450/3 | - | - | - | €792 | €1,521 | €808 | €1,707 | €2,466 | ▲ 44.5% |
| Other amounts payable47/48 | - | - | - | €1,790 | €1,790 | €790 | €631 | €751 | ▲ 19.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,402 | -€594 | €5,193 | €6,031 | €11,818 | €16,994 | €13,878 | €14,920 | ▲ 7.5% |
| + Depreciation and write-downs630 | €402 | €144 | €144 | €144 | €144 | €144 | €144 | €144 | = |
| Operating cash flow (approximation) | -€5,000 | -€450 | €5,337 | €6,174 | €11,961 | €17,137 | €14,022 | €15,064 | ▲ 7.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - | - |
| Change in cash | - | €760 | €7,954 | €5,610 | €10,437 | €15,202 | €14,121 | €16,725 | ▲ 18.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 06-07-2026 | 2026-00257233 |
| 31-12-2024 | micro format | 03-07-2025 | 2025-00227039 |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00208389 |
| 31-12-2022 | micro format | 14-07-2023 | 2023-00236638 |
| 31-12-2021 | micro format | 03-06-2022 | 2022-20045944 |
| 31-12-2020 | micro format | 04-06-2021 | 2021-17300265 |
| 31-12-2019 | micro format | 05-06-2020 | 2020-14900357 |
| 31-12-2018 | micro format | 14-06-2019 | 2019-18500260 |
| 31-12-2017 | micro format | 10-07-2018 | 2018-33000114 |
| 31-12-2016 | micro format | 05-07-2017 | 2017-27600309 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €2,000 awarded · €2,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| YU Xiaoyingfrom an act |
|
| Yao Liyan |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
22-09
Gazette deed
Resignation: Yao Liyan (director)3 facts ▸
- General meeting, 28-07-2026
- Director resignation, Yao Liyan (director)
- Director in office, Yu Xiaoying (director)
21-02
Gazette deed
Resignations: YAO Liyan (manager) and YU Xiaoying (manager)Appointments: YAO Liyan (gewone bestuurder) and YU Xiaoying (gewone bestuurder) · Amendment of the articles · Capital conversion14 facts ▸
- General meeting, “buitengewone algemene vergadering der aandeelhouders” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Declaration, “geen nog niet gestort deel van het kapitaal” (deed in Dutch)
- Reserve release, “opheffing van de statutair onbeschikbare eigenvermogensrekening, balans- en liquiditeitstest overeenkomstig de artikelen 5:142 en 5:143 WVV” (deed in Dutch)
- Capital
- Other provision, “coordination of statutes, signature and filing in company file, mandate to notary” (deed in Dutch)
- Registered office clause, “2930 Brasschaat, Lage Kaart 176” (deed in Dutch)
- Director resignation, YAO Liyan (manager)
- Director resignation, YU Xiaoying (manager)
- Director appointment, YAO Liyan (gewone bestuurder)
- Director appointment, YU Xiaoying (gewone bestuurder)
- +2 further facts in this act
Show earlier events
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 5 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 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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 |
|---|---|---|---|---|
| 11323F0314/00V000 | Flanders | 199 m² | 1 · 143 m² | 11.4 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Massage, lichaamsverzorging manicure, pedicure, alsmede het organiseren van cursussen in die domeinen; Klein en groothandel van producten…” (deed in Dutch)
6 activities (deed in Dutch)
- Massage, lichaamsverzorging manicure, pedicure, alsmede het organiseren van cursussen in die domeinen...
- Klein en groothandel van producten m.b.t. lichaamsverzorging.
- Het verhuren van kamers en de exploitatie van sauna-ruimtes, Turkse baden, massageruimten, solarium, fitnessruimtes, gymnastiekzaken, fitnesscentra, centra voor de beoefening van bijvoorbeeld aerobic, bodybuilding en andere vormen van binnensporten betreffende de algemene lichaamsconditie, met inbegrip van de begeleiding van de cliënteel op sportief gebied en het inrichten van kuuroorden en ontspanningsruimtes;
- Het verstrekken van allerlei advies en consultancy in verband met lichaamsverzorging en het lichamelijk welzijn, zoals onder meer de diensten verleend in inrichtingen voor kuuroorden, massagesalons, relaxsalons, en dergelijke meer; deze diensten kunnen behalve in de voormelde inrichtingen eveneens worden verstrekt ter plaatse bij de cliënten.
- Hieraan gevolg gevend, mag de vennootschap een winkel openen, in goot, in middelgroot of in detail.
- Dit alles in zoverre deze activiteiten niet onderworpen zijn aan wettelijke bepalingen of reglementeringen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ORIENT OVERSEAS DEVELOPMENTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, door beslissing van het bestuursorgaan naar elke plaats in het Vlaams Gewest of het Brussels Hoofdstedelijk Gewest zonder…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- 4 provisions in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Wanneer de aandelen niet volledig zijn volgestort, kan het bestuursorgaan zelfstandig beslissen over de opvragingen van stortingen door de…” (deed in Dutch)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- 2 provisions in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “De opening van de intekening met voorkeurrecht en het tijdvak waarin dat recht kan worden uitgeoefend, worden bepaald door het orgaan dat…” (deed in Dutch)
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of June at 10:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed