Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO ODIN from Ternat, company number BE0447025191, closed financial year 2025 with a result of € 387,865 after tax. For that financial year IMMO ODIN recorded a gross margin of € 590,269 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 417,910 to € 387,865. The company is profitable. The buffer shrank hard: equity is 53 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 7, 2026.
€ 1.2 million
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 387,865
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 98,683
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.8 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,694
▲ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,109
▲ 43% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 511,836 | € 564,918 | € 608,102 | € 590,269 | ▼ 3% |
| Profit after taxes | € 320,927 | € 396,565 | € 417,910 | € 387,865 | ▼ 7% |
| Equity | € 2,854,514 | € 2,231,079 | € 2,648,989 | € 1,236,854 | ▼ 53% |
| Total debts | € 275,495 | € 1,230,882 | € 194,577 | € 2,005,594 | ▲ € 1.8 million |
| Cash | € 2,029,243 | € 871,745 | € 368,532 | € 98,683 | ▼ 73% |
| Land & buildings | € 826,383 | € 814,198 | € 802,013 | € 789,829 | ▼ 2% |
| Retained profit | € 2,072,514 | € 2,169,079 | € 2,586,989 | € 1,174,854 | ▼ 55% |
| Dividend | € 0 | € 300,000 | € 0 | € 1,800,000 | |
| Balance sheet total | € 3,130,010 | € 3,461,961 | € 2,843,565 | € 3,242,448 | ▲ 14% |
Key figures of IMMO ODIN, 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 July 2027.
What happened to IMMO ODIN?
What happened at IMMO ODIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Petra Vanvaerenbergh stepped down as director. NBB
- Gaston De Meuter stepped down as director. NBB
- André De Meuter stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 387,865 (▼ 7% vs 2024). filed late Source: NBB ↗
- Petra Vanvaerenbergh became a director. NBB
- Gaston De Meuter became a director. NBB
- André De Meuter became a director. NBB
- New establishment in Ternat. KBO
In short
From € 320,927 profit in 2022 to € 387,865 profit in 2025.
Paid € 508,702 in corporate taxes since 2022.
Best year ever: 2024, with € 417,910 profit.
Paid out € 2.1 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Gaston De Meuter
Managing director
Also active at: WOENST, TRANSPORT DE MEUTER, ODIN, E.S. INVEST, GRISTON, DE HERTOG, KNOTWILG, BEAUTIFUL HOME +6 more
since 2023 · until 2029
André De Meuter
Managing director
Also active at: WOENST, ALL BELGIAN RECYCLING, LES TROIS FONCIERES, TRANSPORT DE MEUTER, ODIN, E.S. INVEST, ODAN, DE HERTOG +7 more
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Preflexbaan 280
1740 Ternat
Assesteenweg 117
1740 Ternat
Active since 6 May 1992
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0447.025.191
- VAT number
- BE 0447.025.191
- Registered office
- Preflexbaan 280, 1740 Ternat
- Names & denominations
- IMMO ODIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1992
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Handel in eigen onroerend goed