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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ODYSSEY ANTWERPEN I from Antwerpen, company number BE0771556509, closed financial year 2025 with a result of € -940,453 after tax. For that financial year ODYSSEY ANTWERPEN I recorded a gross margin of € 4.7 million and equity of € -5.8 million. Compared with financial year 2024, the result moved from € -643,690 to € -940,453. 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 November 5, 2026.
€ -5.8 million
▼ € 940,453 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -940,453
▼ 46 % more loss than in 2024
Profit after tax over the fiscal year.
€ 430,040
▲ 283% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.8 million.
People and assets in 2025
34.9
▼ 5.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 9% vs 2024
€ 74,600 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.
€ 31.4 million
▼ 6% vs 2024
Of which on lease € 31.4 million.
Debts at end 2025
€ 32 million
▼ 6% vs 2024
€ 2 million is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 480,879
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 280,931
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,392,342 | € 4,270,590 | € 4,581,206 | € 4,692,244 | ▲ 2% |
| Profit after taxes | € -3,320,468 | € -923,815 | € -643,690 | € -940,453 | ▼ € 296,762 |
| Equity | € -3,319,468 | € -4,243,283 | € -4,886,973 | € -5,827,426 | ▼ € 940,453 |
| Total debts | € 44,086,861 | € 42,628,872 | € 40,784,473 | € 39,637,366 | ▼ 3% |
| Cash | € 67,616 | € 16,297 | € 112,363 | € 430,040 | ▲ 283% |
| Land & buildings | € 1,612,043 | € 1,472,973 | € 1,306,817 | € 1,201,032 | ▼ 8% |
| Retained profit | € -3,320,468 | € -4,244,283 | € -4,887,973 | € -5,828,426 | ▼ € 940,453 |
| Bank debt | € 38,153,867 | € 36,169,449 | € 34,015,302 | € 32,002,755 | ▼ 6% |
| Balance sheet total | € 40,807,500 | € 38,590,124 | € 36,353,084 | € 34,509,995 | ▼ 5% |
| Employees (FTE) | 20.4 | 38.6 | 40.6 | 34.9 | ▼ 5.7 |
By gross margin, ODYSSEY ANTWERPEN I ranks 1st of 46 companies with main activity “Hotels en dergelijke accommodatie” in Antwerpen that publish figures (fiscal year 2025).
Key figures of ODYSSEY ANTWERPEN I, 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.
Ask about ODYSSEY ANTWERPEN I the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ODYSSEY ANTWERPEN I?
What happened at ODYSSEY ANTWERPEN I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 940,453. filed late Source: NBB ↗
- Mathieu Van Welden became a director. NBB
- Arnoud Griffioen became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Antwerpen. KBO
- David Beardsell Scott became a director. NBB
In short
From € 3.3 million loss in 2022 to € 940,453 loss in 2025.
Paid € 1,793 in corporate taxes since 2022.
On average € 134,400 of value added per employee in 2025.
Management
Behind ODYSSEY ANTWERPEN I are Mathieu Van Welden, David Beardsell Scott and Arnoud Griffioen.
Directors
According to the 2025 annual accounts
Mathieu Van Welden
Persoon belast met dagelijks bestuur
since 2025
David Beardsell Scott
Director
since 2021
Arnoud Griffioen
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Lange Nieuwstraat 20-24
2000 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Antwerpen
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€ 29.6 million revenue · 2025
Hilton International Co (Belgium)
€ 13.9 million revenue · 2024
€ 11.1 million revenue · 2025
€ 1.9 million gross margin · 2025
€ 1.7 million gross margin · 2025
€ 1.7 million gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ODYSSEY EUROPEAN HOLDING(oprichter) 100%
Details
- Company number
- 0771.556.509
- VAT number
- BE 0771.556.509
- Registered office
- Lange Nieuwstraat 20-24, 2000 Antwerpen
- Names & denominations
- ODYSSEY ANTWERPEN I
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2021
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Overige recreatie- en ontspanningsactiviteiten, neg
Organisatie van congressen en beurzen
Overige zakelijke dienstverlening, neg
Cafés en bars