Active · per the CBE, 15 September 2026

Odalba

BE0842594458

Rechtspersoon Private limited company 1 establishment

Odalba is an electrical contractor in Roeselare. Private Limited, started on 3 January 2012, 1 establishment.

Liebeekstraat 14, 8800 Roeselare

Behind the company: Liesbeth De Meulemeester, Ruben Hillewaere.

Active for

14 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Odalba from Roeselare, company number BE0842594458, closed financial year 2025 with a result of € 9,801 after tax. For that financial year Odalba recorded a gross margin of € 1.6 million and equity of € 138,105. Compared with financial year 2024, the result moved from € -31,132 to € 9,801. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.

What it is worth Growing

€ 138,105

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 9,801

▲ still € 31,132 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 75,390

▼ 26% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 119,505.

People and assets in 2025

Full-time equivalents

15.8

▲ 9.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.2 million

▲ 19% vs 2024

€ 79,000 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.

Vehicles and equipment

€ 143,808

▼ 25% vs 2024

Of which on lease € 36,299.

Debts at end 2025

Bank debt ≈ 13 years to go

€ 2.1 million

▲ 4% vs 2024

€ 133,661 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 262,545

▼ 36% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 172,088

▼ 2% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,003,073 € 1,200,507 € 1,338,979 € 1,562,699 ▲ 17%
Profit after taxes € 39,487 € 16,134 € -31,132 € 9,801 ▲ € 40,934
Equity € 144,968 € 159,436 € 128,303 € 138,105 ▲ 8%
Total debts € 1,089,073 € 3,043,019 € 2,827,664 € 2,737,454 ▼ 3%
Cash € 133,477 € 31,055 € 101,463 € 75,390 ▼ 26%
Land & buildings € 17,485 € 1,882,658 € 1,830,942 € 1,739,114 ▼ 5%
Retained profit € 126,368 € 140,836 € 109,703 € 119,505 ▲ 9%
Dividend € 1,600 € 1,666 € 0 € 0
Bank debt € 622,944 € 2,177,242 € 1,994,015 € 2,066,029 ▲ 4%
Balance sheet total € 1,236,481 € 3,204,407 € 2,957,432 € 2,876,535 ▼ 3%
Employees (FTE) 12.3 14 6 15.8 ▲ 9.8

Key figures of Odalba, 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 Odalba?

What happened at Odalba in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 9,801. Source: NBB ↗
  • Liesbeth De Meulemeester became a director. NBB
  • New establishment in Roeselare. KBO
  • Ruben Hillewaere became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 39,487 profit in 2022 to € 9,801 profit in 2025.

Paid € 39,351 in corporate taxes since 2022.

Best year ever: 2022, with € 39,487 profit.

On average € 98,900 of value added per employee in 2025.

Management

Ruben Hillewaere
Odalba

Behind Odalba are Liesbeth De Meulemeester and Ruben Hillewaere. The shares are held by Ruben Hillewaere.

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Directors

According to the 2025 annual accounts

Liesbeth De Meulemeester

Director

since 2017

Ruben Hillewaere

Director

Is a shareholder

Also active at: BELGIAN ENERGY SYSTEMS

since 2012

Shareholders

Ruben Hillewaere · director

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Liebeekstraat 14

8800 Roeselare

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
0842.594.458
VAT number
BE 0842.594.458
Registered office
Liebeekstraat 14, 8800 Roeselare
Names & denominations
Odalba
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
3 January 2012
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Algemene elektrotechnische installatiewerken

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Frequently asked questions

What does Odalba do?
Odalba is an electrical contractor in Roeselare. Private Limited, started on 3 January 2012, 1 establishment.
What is the address of Odalba?
The registered office of Odalba is located at Liebeekstraat 14, 8800 Roeselare.
Is Odalba still active?
Yes. According to the CBE (15 September 2026) Odalba is active, legal situation “Normale toestand”, started on 3 January 2012.
Is Odalba registered on Peppol?
Yes, Odalba is registered on the Peppol network with ID 0208:0842594458.
What is the enterprise number of Odalba?
The enterprise number of Odalba is BE0842594458.
When was Odalba founded?
Odalba was founded on 3 January 2012.