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PLACIDE ODK

Active
Private limited companyfounded 20196 yrs activeKievitstraat(Odk) 1 A, 8670 Koksijde, BelgiumKBO/BCE: BE 0739.730.116
Summary

The computed 12-month bankruptcy probability of PLACIDE ODK is 5.8% (elevated). The 2024 annual accounts show equity of €62,148 and a net result of €37,416. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 23% of 9653 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
PLACIDE ODKActiveChecked score 37/100
Risk analysis ReportCompare

Overview

Activity
Retail trade
NACE 47230
2 sites
Size
€398,417total assets 2024
Staff
3.1 FTE
Equity
€62,148
Profit
€37,416
Turnover not published (abridged schema)
Financial health
37 Weak Checked score 2024
Bankruptcy chance 12 m
5.8%
Structure
Accounts 65 d overdue0 of 3 deeds read
Why 37- Figures for FY 2024 (filed 04-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late- Founded in 2019- 2 establishment unitsShow the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 48% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 41-1
equity 15.6% of total assets
Liquidity 41-9
short-term debt 42.0% · cash 8.7%
Profitability 80+14
return on assets 9.4%
Bankruptcy probability, 12 months
5.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (39,974 companies)
Last 24 months 11-2024: 2.8% 12-2024: 2.8%● 0.0% vs 11-2024 01-2025: 2.8%▼ -1.1% vs 12-2024 02-2025: 2.8%● 0.0% vs 01-2025 03-2025: 2.8%▲ +0.5% vs 02-2025 04-2025: 2.8%▼ -0.6% vs 03-2025 05-2025: 2.7%▼ -3.2% vs 04-2025lowest value 06-2025: 2.8%▲ +2.6% vs 05-2025 07-2025: 3.1%▲ +12.7% vs 06-2025 08-2025: 3.8%▲ +21.0% vs 07-2025 09-2025: 4.2%▲ +9.8% vs 08-2025 10-2025: 5.8%▲ +39.0% vs 09-2025 11-2025: 5.9%▲ +1.6% vs 10-2025highest value 12-2025: 4.0%▼ -32.2% vs 11-2025 01-2026: 3.9%▼ -1.1% vs 12-2025 02-2026: 3.9%▲ +0.4% vs 01-2026 03-2026: 3.4%▼ -12.8% vs 02-2026 04-2026: 3.5%▲ +1.6% vs 03-2026 05-2026: 3.5%● -0.0% vs 04-2026 06-2026: 3.4%▼ -3.9% vs 05-2026 07-2026: 3.4%▲ +1.0% vs 06-2026 08-2026: 4.0%▲ +17.8% vs 07-2026 09-2026: 4.1%▲ +3.7% vs 08-2026 10-2026: 5.8%▲ +40.4% vs 09-2026
  • Figures for FY 2024 (filed 04-11-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late raises the probability
  • Founded in 2019 raises the probability for this profile
  • 2 establishment units raises the probability
Credit up to €2,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.52 against 0.66 in 2023; short-term debt: 42% and cash: 8.7% of total assets), and 84.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 32%, liquidity 39%, profitability 72%, growth against the median 50%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Figures for FY 2024 (filed 04-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Founded in 2019
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · 2 establishment units
In the bankruptcy model this factor raises the probability.
KBO · seat and establishments
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9653 sector peers (2024).
NBB · sector comparison
Position among 9653 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
92 d late
2023
86 d late
2022
31 d late
2021
3 d early
2020
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 34 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Weakest financial yearnet €1,676 ▼97.1%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Caution: Among the weakest 19% on equitysector median €331,483 · 9,655 companies €62,148 View
  • Positive: 5 profitable years in a rowprofit 2024: €37,416 5 years View

By topic

Financials

Fiscal year
2024
Total assets
€398,417
Profit
€37,416
Solvency
15.6%
Total assets▲ 15.5%
Net result
20202024
Go to Financials

Timeline

Events
7
Since
2021
  1. 31-10-2025Annual accounts filed
  2. 25-10-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail tradeNACE 47230
Founded
18-12-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

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