Quality - Bouw Odk
ActiveQuality - Bouw Odk has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.31M and a net result of €106k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 992 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability57▼-22
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 23.82 against 5.48 in 2023; short-term debt: 4% and cash: 0% of total assets), and 4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96%
Return on assets
7.8%
Age of the figures
21 mo
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 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
48 d late
2022
67 d late
2021
61 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.31M▲ 8.9%
2023 · €1.20M
2018: €1.05M
2019: €1.24M
2020: €317k
2021: €698k
2022: €1.08M
2023: €1.20M
2018 → 2024
Total assets
€1.36M▼ 4.8%
2023 · €1.43M
2018: €1.25M
2019: €1.37M
2020: €749k
2021: €746k
2022: €1.25M
2023: €1.43M
2018 → 2024
Net result
€106k▼ 8.6%
2023 · €116k
2018: €678k
2019: €195k
2020: €-925k
2021: €381k
2022: €385k
2023: €116k
2018 → 2024
Working capital
€1.23M▲ 19.7%
2023 · €1.03M
2018: €566k
2019: €828k
2020: €138k
2021: €522k
2022: €910k
2023: €1.03M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€317k-€698k▲ 120%€1.08M▲ 55.2%€1.20M▲ 10.7%€1.31M▲ 8.9%
Operating result€-218k-€410k€539k▲ 31.6%€163k▼ 69.9%€155k▼ 4.7%
Net result€-925k-€381k€385k▲ 1.1%€116k▼ 69.8%€106k▼ 8.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.36M
Fixed assets
€74k▼ 56.5%
Current assets
€1.29M▲ 2.2%
Equity and liabilities €1.36M
Equity
€1.31M▲ 8.9%
Debt
€54k▼ 76.5%
The debt ratio falls from 16.1% to 4.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
96.0%▲
2023 · 83.9%
Current ratio
23.82▲
2023 · 5.48
Quick ratio
23.82▲
2023 · 5.48
Debt / equity
0.04▼
2023 · 0.19
ROE
8.1%▼
2023 · 9.7%
ROA
7.8%▼
2023 · 8.1%
Debt
€54k▼
2023 · €229k
Debt ≤ 1 year
€54k▼
2023 · €229k
Income taxes
€40k▼
2023 · €43k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.43M€1.36M▼
Fixed assets21/28€171k€74k▼
Tangible fixed assets22/27€171k€74k▼
Land and buildings22€171k€74k▼
Current assets29/58€1.26M€1.29M▲
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€1.26M€1.29M▲
Other amounts receivable41€1.26M€1.29M▲
Cash at bank and in hand54/58-€0
Deferred charges and accrued income490/1€537-
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.36M▼
Equity10/15€1.20M€1.31M▲
Contributions10/11€425k€425k=
Capital10€425k€425k=
Issued capital100€425k€425k=
Reserves13€774k€880k▲
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Distributable reserves133€724k€831k▲
Amounts payable17/49€229k€54k▼
Amounts payable within one year42/48€229k€54k▼
Financial debts43€50k-
Credit institutions430/8€50k-
Trade debts44€6k€13k▲
Suppliers440/4€6k€13k▲
Taxes, remuneration and social security45€174k€41k▼
Taxes450/3€174k€41k▼
Income statement
Code20232024
Non-recurring operating income76A-€121k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Other operating charges640/8€2k€5k▲
Gross operating margin9900€167k€159k▼
Operating profit (loss)9901€163k€155k▼
Financial income75/76B€26€382▲
Recurring financial income75€26€382▲
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Profit (loss) for the period before taxes9903€159k€146k▼
Income taxes67/77€43k€40k▼
Profit (loss) for the period9904€116k€106k▼
Profit (loss) for the period to be appropriated9905€116k€106k▼
Appropriation of the result
Profit (loss) to be appropriated9906€116k€106k▼
Transfer to equity691/2€116k€106k▼
To other reserves6921€116k€106k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-03
State Gazette act
Registered officeGeneral meeting · Registered-office move · Permanent representative3 facts ▸
State Gazette act
Registered office
General meeting · Registered-office move · Permanent representative3 facts ▸
- General meeting, 05/03/2026
- Registered-office move, 8670 Koksijde, Kruierstraat 7
- Permanent representative, VANDENBUSSCHE MICHEL
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 23.82
Current ratio from 5.48 to 23.82; short-term debt falls from €229k to €54k.
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 48 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 67 days late
2022
31-12
Financial
Equity above €1MEq €1.08M ▲55.2%
2 profitable years in a row build equity to €1.08M.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Back to profitnet €381k
Net result €381k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 11.88
Current ratio from 1.32 to 11.88; short-term debt falls from €432k to €48k.
31-12
Financial
Equity above €500kEq €698k ▲120%
Equity rises from €317k to €698k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-925k ▼573%
Net result drops to €-925k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 220 days late
2017
12-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 255 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-07-2025
Gaytant Dorothy: Resigned as Director
31-07-2025
Vandenbussche Michel Jan: Resigned as Director
20-04-2023
Gaytant Dorothy: Resigned as Managing director
20-04-2023
A.L.J.E.: Resigned as Director
20-03-2018
Bouwconstruct VDB: Resigned as Director
20-03-2018
Gaston Lamaire: Resigned as Director
20-03-2018
Michel Vandenbussche: Resigned as Director
24-01-2018
Stefan DE ROUCK: Resigned as Permanent representative
Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 1992
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.
Kruierstraat(Odk) 78670 KoksijdeGround area
622 m²
Building footprint
155 m²
Volume, LiDAR
785 m³
Parcel 38502E0241/00V000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kruierstraat(Odk) 7, 8670 Koksijde
since 19922.058.310.603
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38502E0241/00V000 | Flanders | 621 m² | 1 · 155 m² | 8.4 m · 2 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 361 companies in sector 77120 we hold annual accounts for 233. 144 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-07-1992
Fiscal year end31-12
Activities, NACEBEL
71210
77120Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.