Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 8.9 to 7.1.
Financials
Financial year 2025
O&D Group from Waregem, company number BE0421450647, closed financial year 2025 with a result of € 554,477 after tax. For that financial year O&D Group recorded revenue of € 6 million and equity of € 5.5 million. Compared with financial year 2024, the result moved from € 317,867 to € 554,477. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 5.5 million
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 554,477
▲ 74% vs 2024
Profit after tax over the fiscal year.
€ 207,317
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.1 million.
People and assets in 2025
7.1
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 403,421
▼ 26% vs 2024
€ 56,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 56,825
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▼ 19% vs 2024
€ 413,423 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 356,805
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 19 days on average.
€ 121,005
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,142,346 | € 9,422,428 | € 10,441,345 | € 5,967,200 | ▼ 43% |
| Profit after taxes | € 289,752 | € 397,159 | € 317,867 | € 554,477 | ▲ 74% |
| Equity | € 3,479,897 | € 3,877,057 | € 4,194,924 | € 5,501,431 | ▲ 31% |
| Total debts | € 10,020,432 | € 11,023,033 | € 10,853,053 | € 3,389,460 | ▼ 69% |
| Cash | € 1,337,346 | € 375,269 | € 200,349 | € 207,317 | ▲ 3% |
| Land & buildings | € 5,251,927 | € 6,128,671 | € 5,706,864 | € 5,603,858 | ▼ 2% |
| Retained profit | € 3,194,771 | € 3,591,931 | € 3,909,798 | € 5,077,084 | ▲ 30% |
| Bank debt | € 3,671,455 | € 4,044,505 | € 3,368,002 | € 2,727,418 | ▼ 19% |
| Balance sheet total | € 13,500,329 | € 14,900,090 | € 15,047,977 | € 8,890,891 | ▼ 41% |
| Employees (FTE) | 11.3 | 8.9 | 8.4 | 7.1 | ▼ 1.3 |
Key figures of O&D Group, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to O&D Group?
What happened at O&D Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Peter Vantomme stepped down as director. NBB
- Kaatje Soenens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 554,477 (▲ 74% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 289,752 profit in 2022 to € 554,477 profit in 2025.
Paid € 551,291 in corporate taxes since 2022.
Best year ever: 2025, with € 554,477 profit.
Pays suppliers within 19 days on average.
Management
The stake of O&D Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
O&D GroupThe shares are held by O&D Invest (100%).
Directors
According to the 2025 annual accounts
· until 2030
Kaatje Soenens
Managing director
· until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gentseweg 494
8793 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.450.647
- VAT number
- BE 0421.450.647
- Registered office
- Gentseweg 494, 8793 Waregem
- Names & denominations
- O&D Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 1981
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Overige detailhandel in nieuwe artikelen neg
Overige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.
Grootwarenhuizen (verkoop van overwegend niet-voedingsmiddelen met verkoopsopp.vanaf 2.500 m2)
Overige niet-gespecialiseerde detailhandel
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)