SOUND ODYSSEY
ActiveSummary
The computed 12-month bankruptcy probability of SOUND ODYSSEY is 2.6% (moderate). The 2025 annual accounts show equity of €45k and a net result of €-8k. Equity is growing by ~87.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 18280 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-18
Solvency38▼-2
Growth78=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.85 against 1.01 in 2024; short-term debt: 87.5% and cash: 4.8% of total assets), and 87.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.5%
Return on assets
-2.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-03-2026, 44 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
44 d early
2024
57 d early
2023
50 d early
2022
58 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▼ 15.9%
2024 · €53k
2022: €-30k
2023: €11k
2024: €53k
2022 → 2025
Total assets
€358k▲ 0.8%
2024 · €355k
2022: €252k
2023: €304k
2024: €355k
2022 → 2025
Net result
€-8k
2024 · €43k
2022: €-35k
2023: €41k
2024: €43k
2022 → 2025
Working capital
€-46k
2024 · €2k
2022: €-86k
2023: €-48k
2024: €2k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-30k-€11k€53k▲ 405%€45k▼ 15.9%
Operating result€-36k-€42k€56k▲ 35.1%€-9k
Net result€-35k-€41k€43k▲ 4.4%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €56k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €358k
Fixed assets
€91k ▲ 79.2%
Current assets
€267k ▼ 12.3%
Equity and liabilities €358k
Equity
€45k ▼ 15.9%
Debt
€313k ▲ 3.7%
Debt's share of the balance-sheet total rises from 85.0% to 87.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9k▼
2024 · €65k
Cash flow
€9k▼
2024 · €52k
Current ratio
0.85▼
2024 · 1.01
Quick ratio
0.11▼
2024 · 0.21
Debt to equity
6.99▲
2024 · 5.67
ROE
-18.9%▼
2024 · 80.2%
ROA
-2.4%▼
2024 · 12.0%
Interest coverage
33.67▼
2024 · 151.59
Debt ≤ 1 year
€313k▲
2024 · €302k
Income taxes
€117▼
2024 · €17k
Staff costs
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€355k€358k▲
Fixed assets21/28€51k€91k▲
Tangible fixed assets22/27€51k€91k▲
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€26k€66k▲
Other tangible fixed assets26€23k€22k▼
Current assets29/58€305k€267k▼
Stocks and contracts in progress3€240k€234k▼
Stocks30/36€240k€234k▼
Amounts receivable within one year40/41€2k€13k▲
Trade receivables40€2k€664▼
Other amounts receivable41-€12k
Cash at bank and in hand54/58€60k€17k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€355k€358k▲
Equity10/15€53k€45k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€48k€40k▼
Amounts payable17/49€302k€313k▲
Amounts payable within one year42/48€302k€313k▲
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45€31k€11k▼
Taxes450/3€31k€11k▼
Remuneration and social security454/9-€190
Other amounts payable47/48€270k€298k▲
Income statement
Code20242025
Non-recurring operating income76A-€12k
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€18k▲
Other operating charges640/8€1k€496▼
Gross operating margin9900€66k€12k▼
Operating profit (loss)9901€56k€-9k▼
Financial income75/76B€4k€1k▼
Recurring financial income75€4k€1k▼
Financial charges65/66B€430€255▼
Recurring financial charges65€430€255▼
Profit (loss) for the period before taxes9903€60k€-8k▼
Income taxes67/77€17k€117▼
Profit (loss) for the period9904€43k€-8k▼
Profit (loss) for the period to be appropriated9905€43k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€40k▼
Profit (loss) brought forward from the previous period14P€6k€48k▲
The notes to these accounts (8 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
17-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2022net €43k ▲4.4%
Operating result €56k, net result €43k, both a record.
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Buggenhout · 2 establishment units since 2020
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.
Brandstraat 289255 BuggenhoutGround area
1,144 m²
Building footprint
258 m²
Volume, LiDAR
1,323 m³
2 parcels, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
SOUND ODYSSEY
since 20202.308.593.664
SOUND ODYSSEY BV
since 20212.342.491.107
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004E0684/00R000 | Flanders | 936 m² | 1 · 189 m² | 8.8 m · 1 fl. |
| 44402A0484/00Z000 | Flanders | 207 m² | 1 · 69 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,226 companies in sector 47400 we hold annual accounts for 1,806. 1,426 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2020
Fiscal year end30-09
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
46431Wholesale of electrical household appliances and audio-video equipment
47690Retail sale of other cultural and recreation goods
62200Computer consultancy and computer facilities management
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.