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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ODIN from Knokke-Heist, company number BE0453297628, closed financial year 2025 with a result of € -192,667 after tax. For that financial year ODIN recorded a gross margin of € 43,040 and equity of € -2.8 million. Compared with financial year 2024, the result moved from € -221,979 to € -192,667. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ -2.8 million
▼ € 192,667 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -192,667
▲ 13 % less loss than in 2024
Profit after tax over the fiscal year.
€ 16,897
▲ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.9 million.
Debts at end 2025
€ 1.6 million
Loans from banks and other lenders, long and short.
€ 3,761
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,113
▲ 102% 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 | € 29,846 | € 31,167 | € 35,766 | € 43,040 | ▲ 20% |
| Profit after taxes | € -126,976 | € -162,028 | € -221,979 | € -192,667 | ▲ € 29,312 |
| Equity | € -2,269,402 | € -2,431,430 | € -2,653,409 | € -2,846,076 | ▼ € 192,667 |
| Total debts | € 4,496,667 | € 4,597,035 | € 4,768,352 | € 4,914,251 | ▲ 3% |
| Cash | € 8,200 | € 7,133 | € 8,519 | € 16,897 | ▲ 98% |
| Land & buildings | € 2,213,908 | € 2,146,964 | € 2,080,020 | € 2,013,076 | ▼ 3% |
| Retained profit | € -2,371,402 | € -2,533,430 | € -2,755,409 | € -2,948,076 | ▼ € 192,667 |
| Bank debt | € 1,620,000 | € 1,620,000 | € 1,620,000 | € 1,620,000 | |
| Balance sheet total | € 2,227,265 | € 2,165,605 | € 2,114,944 | € 2,068,175 | ▼ 2% |
Key figures of 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 ODIN?
What happened at ODIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Heron NV stepped down as director. NBB
- Vanhosta BV stepped down as director. NBB
- Jos Vanhoutte stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 192,667. Source: NBB ↗
- Heron NV became a director. NBB
- Vanhosta BV became a director. NBB
- Jos Vanhoutte became a director. NBB
- New establishment in Knokke-Heist. KBO
In short
From € 126,976 loss in 2022 to € 192,667 loss in 2025.
Management
The stake of VANHOSTA, HERON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ODINThe shares are held by VANHOSTA (40.1%) and HERON (18.3%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Associate · represented by Vincent Vanhonsebrouck
Also active at: Barcadère, Vanhosta Bouwgroep, BEACH CORNER
since 2023 · until 2029
since 2023 · until 2029
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koninginnenlaan 24 box A
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →RUBICON ADVICE
€ 86,914 gross margin · 2024
Pelacanus Partners II
Impact Returns I
Vanhosta Bouwgroep same network
€ 1.2 million gross margin · 2026
BEACH CORNER same network
€ -5,351 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0453.297.628
- VAT number
- BE 0453.297.628
- Registered office
- Koninginnenlaan 24 bus A, 8300 Knokke-Heist
- Names & denominations
- ODIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 1994
- Peppol
- Active · Active since 3 Sept 2025
- Contact
- vanhosta.be