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 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2021; threshold 65 %.
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Late annual account NBB
Fiscal year 2021 was filed 239 days after the legal deadline.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
O.D.W. from Houthalen-Helchteren, company number BE0463638125, closed financial year 2021 with a result of € 11,644 after tax. For that financial year O.D.W. recorded a gross margin of € 28,707 and equity of € -30,005. Compared with financial year 2020, the result moved from € 43,204 to € 11,644. The company is profitable. 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 March 27, 2023.
€ -30,005
▲ € 12,957 vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,644
▼ 73% vs 2020
Profit after tax over the fiscal year.
€ 41
▼ 98% vs 2020
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2021. Retained profit grew to € -92,005.
Debts at end 2021
€ 514,262
▼ 1% vs 2020
Loans from banks and other lenders, long and short.
€ 61,237
▲ 86% vs 2020
Supplier invoices still open on the last day of the fiscal year.
| 2019 | 2020 | 2021 | Change 2020 → 2021 | |
|---|---|---|---|---|
| Gross margin | € 102,862 | € 60,289 | € 28,707 | ▼ 52% |
| Profit after taxes | € 78,378 | € 43,204 | € 11,644 | ▼ 73% |
| Equity | € -86,166 | € -42,961 | € -30,005 | ▲ € 12,957 |
| Total debts | € 644,889 | € 655,591 | € 676,751 | ▲ 3% |
| Cash | € 20 | € 2,601 | € 41 | ▼ 98% |
| Land & buildings | € 393,500 | € 379,000 | € 364,500 | ▼ 4% |
| Retained profit | € -148,166 | € -104,961 | € -92,005 | ▲ € 12,957 |
| Bank debt | € 543,322 | € 520,074 | € 514,262 | ▼ 1% |
| Balance sheet total | € 558,724 | € 612,629 | € 646,746 | ▲ 6% |
Key figures of O.D.W., fiscal years 2019 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.
What happened to O.D.W.?
What happened at O.D.W. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
O.D.W. is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: profit of € 11,644 (▼ 73% vs 2020). filed late Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,378 profit in 2019 to € 11,644 profit in 2021.
Best year ever: 2019, with € 78,378 profit.
Management
Behind O.D.W. is Lutvi Soylu.
Directors
According to the 2021 annual accounts
Lutvi Soylu
Managing director
Establishments
Establishment units
Physical locations of this company
Weg naar Zwartberg 44
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0463.638.125
- VAT number
- BE 0463.638.125
- Registered office
- Weg naar Zwartberg 44, 3530 Houthalen-Helchteren
- Names & denominations
- O.D.W.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 23 June 1998
- Peppol
- Not registered