OUDAR
ActiveSummary
OUDAR has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €420,696 and a net result of €14,127. Equity has been stable since 2018 (±1.3% per year). Its solvency ranks better than 95% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-11-1987 Normal situation
- Registered office
- 10 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Development of residential building projects NACE 68121and 1 other
- Establishment unit
- 2.031.634.910 1200 Sint-Lambrechts-Woluwe, since 25-05-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Board and ownership
- Sylvie WULLUSManaging director
- Pierre SpruytteManaging director
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €28,692
- ▲ 644%
- Turnover
- ≈ €70,000
- estimated
- Profit
- €14,127
- Equity
- €420,696
- ▲ 3.5%
- Total assets
- €421,565
- ▲ 2.6%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 341.35, cash €289,278Equity €420,696 (99.8% of total assets)Sector: Real estate activities (NACE 68)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 91% of them on solvency, 98% on liquidity, 65% on profitability and 56% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 01-07-2026 at the NBB all 38 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a profit of €13,515, after a loss of €17,795 in 2024. It is the highest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,440 | - | - | - | €8,530 |
| Depreciation and write-downs of the year | €14,553 | €14,553 | €14,553 | €14,641 | €13,723 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as OUDAR: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €369,000 and €456,000, founded between 1988 and 1992.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| OUDAR Sint-Lambrechts-Woluwe | 1987 | €421,565 | €420,696 | €28,692 | €14,127 | - | 2025 |
| SOPEDI Mont-Saint-Guibert | 1990 | €411,816 | €340,155 | €31,803 | €13,565 | - | 2025 |
| AMGLE Baelen | 1991 | €399,705 | €29,225 | €29,080 | -€2,999 | - | 2025 |
| COMATIM Knokke-Heist | 1990 | €456,251 | €450,291 | €35,880 | €25,247 | - | 2025 |
| IMMO VANGENEUGDEN Pelt | 1988 | €385,756 | €224,058 | €19,737 | -€12,673 | - | 2025 |
| POLDERKE Kasterlee | 1992 | €443,694 | €425,847 | €33,966 | €11,483 | - | 2025 |
| SOCOGEFIM Namur | 1991 | €369,314 | €40,786 | €37,816 | -€41,761 | 0.7 | 2025 |
They were chosen from the 7,757 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 17,041 companies had the same profile as OUDAR has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of OUDAR itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for OUDAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,493 | €14,493 | €14,493 | €14,553 | €14,553 | €14,553 | €14,641 | €13,723 | ▼ 6.3% |
| Other operating charges640/8 | - | - | - | €1,349 | €7,807 | €6,739 | €7,009 | €1,454 | ▼ 79.3% |
| Gross operating margin9900 | €20,981 | €21,573 | €19,518 | €14,847 | €19,518 | €9,568 | €3,855 | €28,692 | ▲ 644% |
| Operating profit (loss)9901 | €3,603 | €4,136 | €509 | -€1,056 | -€2,842 | -€11,724 | -€17,795 | €13,515 | - |
| Financial income75/76B | - | - | - | €2,000 | - | - | - | €645 | - |
| Recurring financial income75 | - | €9,250 | €3,000 | €2,000 | - | - | - | €645 | - |
| Financial charges65/66B | - | - | - | €59 | €24 | €24 | €24 | €32 | ▲ 33.6% |
| Recurring financial charges65 | €281 | €65 | €91 | €59 | €24 | €24 | €24 | €32 | ▲ 33.6% |
| Profit (loss) for the period before taxes9903 | €3,322 | €13,321 | €3,418 | €886 | -€2,866 | -€11,748 | -€17,819 | €14,127 | - |
| Income taxes67/77 | €3,322 | €3,561 | €1,236 | €232 | €6 | - | - | - | - |
| Profit (loss) for the period9904 | €0 | €9,760 | €2,182 | €654 | -€2,873 | -€11,748 | -€17,819 | €14,127 | - |
| Profit (loss) for the period to be appropriated9905 | - | €9,760 | €2,182 | €654 | -€2,873 | -€11,748 | -€17,819 | €14,127 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €643,335 | €656,487 | €439,612 | €440,150 | €436,135 | €426,000 | €411,017 | €421,565 | ▲ 2.6% |
| Fixed assets21/28 | €215,803 | €201,310 | €186,817 | €173,704 | €159,151 | €144,599 | €129,957 | €124,765 | ▼ 4.0% |
| Tangible fixed assets22/27 | €215,803 | €201,310 | €186,817 | €173,704 | €159,151 | €144,599 | €129,957 | €124,765 | ▼ 4.0% |
| Land and buildings22 | - | - | - | €173,704 | €159,151 | €144,599 | €129,957 | €124,765 | ▼ 4.0% |
| Current assets29/58 | €427,532 | €455,177 | €252,795 | €266,446 | €276,984 | €281,401 | €281,060 | €296,801 | ▲ 5.6% |
| Amounts receivable within one year40/41 | €327,500 | €183,450 | €171,152 | €102,743 | €7,032 | €1,008 | €1,105 | €5,890 | ▲ 433% |
| Trade receivables40 | - | - | - | €2,000 | €6,175 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €100,743 | €857 | €1,008 | €1,105 | €5,890 | ▲ 433% |
| Cash at bank and in hand54/58 | €100,032 | €271,727 | €81,642 | €163,703 | €269,952 | €280,364 | €279,955 | €289,278 | ▲ 3.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €30 | - | €1,633 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €643,335 | €656,487 | €439,612 | €440,150 | €436,135 | €426,000 | €411,017 | €421,565 | ▲ 2.6% |
| Equity10/15 | €641,992 | €436,172 | €438,354 | €439,008 | €436,135 | €424,388 | €406,569 | €420,696 | ▲ 3.5% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | - | - | - | €100,000 | €100,000 | - | - | €100,000 | - |
| Issued capital100 | - | - | - | €100,000 | €100,000 | - | - | €100,000 | - |
| Reserves13 | €336,172 | €336,172 | €336,172 | €336,172 | €336,172 | €336,172 | €336,172 | €336,172 | = |
| Non-distributable reserves130/1 | - | - | - | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Legal reserve130 | - | - | - | €10,000 | €10,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | €10,000 | €10,000 | €10,000 | = |
| Distributable reserves133 | - | - | - | €326,172 | €326,172 | €326,172 | €326,172 | €326,172 | = |
| Profit (loss) carried forward14 | €205,820 | - | €2,182 | €2,835 | -€37 | -€11,785 | -€29,604 | -€15,477 | ▲ 47.7% |
| Amounts payable17/49 | €1,342 | €220,314 | €1,258 | €1,142 | - | €1,612 | €4,449 | €869 | ▼ 80.5% |
| Amounts payable within one year42/48 | €1,342 | €220,314 | €1,258 | €1,142 | - | €1,612 | €4,449 | €869 | ▼ 80.5% |
| Trade debts44 | - | - | €348 | - | - | €1,612 | €4,449 | €869 | ▼ 80.5% |
| Suppliers440/4 | - | - | - | - | - | €1,612 | €4,449 | €869 | ▼ 80.5% |
| Taxes, remuneration and social security45 | - | - | - | €1,142 | - | - | - | - | - |
| Taxes450/3 | - | - | - | €1,142 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0 | €9,760 | €2,182 | €654 | -€2,873 | -€11,748 | -€17,819 | €14,127 | - |
| + Depreciation and write-downs630 | €14,493 | €14,493 | €14,493 | €14,553 | €14,553 | €14,553 | €14,641 | €13,723 | ▼ 6.3% |
| Operating cash flow (approximation) | €14,493 | €24,253 | €16,675 | €15,206 | €11,680 | €2,805 | -€3,178 | €27,850 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,440 | €0 | €0 | €0 | -€8,530 | - |
| Change in cash | - | €171,695 | -€190,084 | €82,061 | €106,249 | €10,412 | -€409 | €9,323 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 38 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-07-2026 | 2026-00231758 | NBB |
| 31-12-2024 | micro format | 08-06-2025 | 2025-00125549 | |
| 31-12-2023 | micro format | 29-05-2024 | 2024-00099791 | |
| 31-12-2022 | full format | 20-06-2023 | 2023-00139361 | |
| 31-12-2021 | micro format | 02-07-2022 | 2022-20121658 | |
| 31-12-2020 | micro format | 19-06-2021 | 2021-22100492 | |
| 31-12-2019 | full format | 17-06-2020 | 2020-17900012 | |
| 31-12-2018 | full format | 12-06-2019 | 2019-18000152 | |
| 31-12-2017 | full format | 31-03-2018 | 2018-08800505 | |
| 31-12-2016 | full format | 28-07-2017 | 2017-40400521 |
Board & ownership
Directors
Board 1
Day-to-day management 2
Owners and capital
Capital transactions
- 29-01-2026 Capital stated in the deed · €100,000 · 1,250 shares
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Sylvie WULLUS |
|
| Pierre Spruytte |
|
| Vincent Spruytte |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Assemblée générale en décide autrement à majorité des voix, toutes opérations prévues par la loi”
Articles of association, deed of 29-01-2026 (in French)
Network & group
OUDAR shares no director with another company.
Companies at the same address
9 other companies- Disasi, Nadège (sole trader) Establishment · since 2026 1043316756
- Léonet, Anne-Sophie (sole trader) Establishment · since 2026 0847188595
- Elek Consult Registered office · since 2024 1015432127
- 1st Brussels British Scout Group Registered office · since 2024 1013020290
- COGENTA Registered office · since 2023 0800183286
- COMMUNAUTES CHRETIENNES DE BELGIQUE Registered office · since 2019 0431060773
- ASSOCIATION FOR AFRICAN EXELLENCE - ASSOCIATION POUR L'EXELLENCE AFRICAINE Registered office · since 2000 0472151755
- KEIRETSU Registered office · since 1993 0450571334
- ROYAL UNION AUDERGHEM Registered office · since 1988 0433183093
Connections & network
1 current directorThe network starts from the directors of OUDAR. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
29-01
Gazette deed
Appointment: Sylvie WULLUS (director)Amendment of the articles · Capital · Registered office clause7 points ▸
- General meeting, 23-01-2026
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €100,000
- Registered office clause, “Bruxelles, confirmation situation existante” (deed in French)
- Director appointment, Sylvie WULLUS (director)
- Registered office clause, “Bruxelles, s.wullus7@gmail.com” (deed in French)
- Other provision, “unanimité des décisions” (deed in French)
17-02
Gazette deed
Resignation: Vincent Spruytte (managing director)Appointments: Sylvie Wullus (managing director) and Pierre Spruytte (managing director) · Registered office clause5 points ▸
- Registered office clause, “Chemin des Deux Maisons 71 1200 Woluwé-Saint-Lambert” (deed in French)
- General meeting, 30-09-2024
- Director resignation, Vincent Spruytte (managing director)
- Director appointment, Sylvie Wullus (managing director)
- Director appointment, Pierre Spruytte (managing director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
6 activities
- La restauration alimentaire,le service traiteur dans le sens le plus large du terme,la vente de boissons alcoolisées ou non,en gros ou en détail,pour son compte propre ou pour le compte de tiers
- L'achat,la vente pour compte propre ou pour compte de tiers de valeurs mobilières,pour compte propre ou pour compte de tiers de tous biens immeubles
- Le courtage de prêts hypothécaires,de contrats d'assurance
- Et toute activité pouvant faciliter l'extension ou le développement des activités prévues ci-dessus
- La société pourra réaliser l'activité préindiquée pour son compte ou pour le compte de tiers,en tous lieux,de toutes manières et suivant les modalités qui lui paraîtront les mieux appropriées
- Elle pourra faire toutes opérations industrielles,commerciales,financières,civiles,mobilières et immobilières,ayant un rapport direct ou indirect avec son objet ou pouvant en faciliter la réalisation et notamment acquérir,prendre ou donner à bail,aliéner tous biens meubles ou immeubles,fonds de commerce,brevets,concessions,licences et marques de fabrique et s'intéresser par voie d'apport,de fusion,de souscription,de participation,d'intervention —lancière ou de toute autre manière,dans toutes sociétés ou entreprises existantes ou à dont l'objet serait analogue ou connexe au sien ou serait de nature à favoriser la réalisation de celui de la présente société
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0432.433.522
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21018A0220/00G000 | Brussels | 3.5 ha | 1 · 921 m² | 25.1 m · 7 |