Odisee
0408.429.584 · rovalta.com · 22/09/2026
ACTIVE
Odisee
Financial year 2025 · closed on 31/12/2025
Net result
1,4 M €
+414.8% YoY
Revenue
114,6 M €
+4.2% YoY
Equity
113,3 M €
+0.8% YoY
Workforce
201,0 ETP
-5.5% YoY
Overview
What does Odisee do?
Odisee is a Non-profit organization incorporated in 1971. Its main activity is: Investigation activities. Its registered office is in Bruxelles. It employs on average 201,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0408.429.584
Incorporation
28/06/1971
Legal form
Non-profit organization
Registered office
Rue Montagne aux Herbes Potagères 26
1000 Bruxelles · BruxellesSee on map
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
201,0 ETP
Joint committees (2)
- 152
- 225
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 14 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2012 | 2011 | 2010 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Revenue | 114,6 M € | +4.2% | 109,9 M € | +6.1% | 103,6 M € | +7.4% | 96,5 M € | +6.5% | 90,6 M € | +0.5% | 90,2 M € | +5.2% | 85,7 M € | +3.0% | 83,2 M € | +0.8% | 82,6 M € | +4.4% | 79,1 M € | +6.9% | 74 M € | +53.4% | 48,3 M € | +0.4% | 48,1 M € | -2.2% | 49,1 M € |
| EBITDA | 13,5 M € | +16.7% | 11,6 M € | +15.1% | 10,1 M € | -3.2% | 10,4 M € | -16.3% | 12,4 M € | -18.1% | 15,2 M € | +34.7% | 11,2 M € | -24.1% | 14,8 M € | +4.8% | 14,2 M € | +60.8% | 8,8 M € | -3.6% | 9,1 M € | +124% | 4,1 M € | -0.1% | 4,1 M € | -20.2% | 5,1 M € |
| Operating result | 1,9 M € | +1450% | 124,8 k € | +111% | -1,2 M € | -110% | -551,5 k € | -128% | 2 M € | -59.4% | 4,9 M € | +303% | 1,2 M € | -73.2% | 4,5 M € | +5.9% | 4,2 M € | +4273% | -101,5 k € | -106% | 1,8 M € | +773% | 205,9 k € | +14.5% | 179,9 k € | -78.5% | 837,9 k € |
| Net result | 1,4 M € | +415% | -444 k € | +74.0% | -1,7 M € | -37.1% | -1,2 M € | -205% | 1,2 M € | -69.8% | 3,9 M € | +106% | 1,9 M € | -64.1% | 5,3 M € | -15.5% | 6,3 M € | +1683% | 351 k € | +16.7% | 300,7 k € | +194% | -320,4 k € | -104% | 7,4 M € | +831% | 799,8 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | 113,3 M € | +0.8% | 112,4 M € | +12.2% | 100,2 M € | -2.7% | 103 M € | -2.2% | 105,2 M € | +2.7% | 102,5 M € | +2.9% | 99,6 M € | +0.7% | 98,9 M € | +4.3% | 94,8 M € | +5.1% | 90,2 M € | -0.1% | 90,3 M € | +93.1% | 46,7 M € | -1.5% | 47,4 M € | +36.4% | 34,8 M € |
| Total assets | 167,3 M € | -0.3% | 167,8 M € | +7.4% | 156,3 M € | -2.7% | 160,6 M € | -2.5% | 164,7 M € | +2.4% | 160,9 M € | +2.0% | 157,8 M € | -1.0% | 159,4 M € | -0.7% | 160,6 M € | +4.7% | 153,4 M € | -1.6% | 155,9 M € | +55.6% | 100,2 M € | +2.3% | 98 M € | -2.9% | 100,9 M € |
| Cash | 5,5 M € | -34.8% | 8,4 M € | -61.4% | 21,7 M € | -19.4% | 26,9 M € | -8.6% | 29,4 M € | +36.2% | 21,6 M € | +15.0% | 18,8 M € | +21.1% | 15,5 M € | -5.1% | 16,3 M € | -22.6% | 21,1 M € | -4.5% | 22,1 M € | +77.5% | 12,5 M € | -33.9% | 18,9 M € | +26.1% | 15 M € |
| Debts | 44,2 M € | -4.0% | 46 M € | -2.4% | 47,2 M € | -3.3% | 48,8 M € | -3.0% | 50,3 M € | +0.4% | 50,1 M € | +0.1% | 50 M € | -5.3% | 52,8 M € | -5.3% | 55,8 M € | +3.6% | 53,9 M € | -7.6% | 58,3 M € | +18.8% | 49,1 M € | +5.9% | 46,3 M € | -25.3% | 62,1 M € |
| Other | |||||||||||||||||||||||||||
| Workforce | 201,0 ETP | -5.5% | 212,7 ETP | +0.7% | 211,3 ETP | -1.3% | 214,1 ETP | +9.7% | 195,2 ETP | +3.9% | 187,8 ETP | +15.7% | 162,3 ETP | +4.0% | 156,1 ETP | +8.3% | 144,2 ETP | -19.0% | 178,1 ETP | -9.6% | 197,0 ETP | +136% | 83,5 ETP | -0.6% | 84,0 ETP | -9.7% | 93,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 M€ and 250 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 22 active · 121 ended
Active mandates
Anita Emma Hendrika Dewispelaere-Dauwe
ActiveAnn Demeulemeester
ActiveFevzi Yildrim
ActiveJean-Luc Demeere
ActiveJean-Paul Bosteels
ActiveLuc Marcel Irène Van der Sypt
ActiveRaphaël De Rycke
ActiveStefaan Vaes
ActiveTom Van Puyenbroeck
ActiveLouise Caels
ActiveSarah De Meyer
ActiveCato Meulemans
ActiveMohammed Benhaddou
ActiveKhadija Zamouri
ActiveFilip Boelaert
ActiveKristine Komives
ActiveAnn Verreth
ActiveGilbert De Neve
ActiveLieve Hilde Maria Logghe
ActiveMark Henri Maria Block
ActiveMartine Baelmans
ActivePeter Lievens
ActiveEnded mandates
Brent Pauwels
EndedDieter Van der Voorde
EndedBrent Pauwels
EndedRobbe Van Leemput
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0451.408.009 | |
| 0628.948.691 | |
| 0772.718.430 | |
UNA Europa● Active | 0722.686.721 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/03/2026 | 25/04/2025 | 02/04/2024 | 19/04/2023 | 29/03/2022 | 29/03/2021 |
| General meeting | 26/03/2026 | 27/03/2025 | 28/03/2024 | 30/03/2023 | 28/03/2022 | 25/03/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 26/03/2026 | 27/03/2026 | Dutch | |
| Full model | 31/12/2024 | 27/03/2025 | 25/04/2025 | Dutch | |
| Full model | 31/12/2023 | 28/03/2024 | 02/04/2024 | Dutch | |
| Full model | 31/12/2022 | 30/03/2023 | 19/04/2023 | Dutch | |
| Full model | 31/12/2021 | 28/03/2022 | 29/03/2022 | Dutch | |
| Full model | 31/12/2020 | 25/03/2021 | 29/03/2021 | Dutch | |
| Full model | 31/12/2019 | 26/03/2020 | 03/04/2020 | Dutch | |
| Full model | 31/12/2018 | 28/03/2019 | 11/04/2019 | Dutch | |
| Full model | 31/12/2017 | 29/03/2018 | 03/04/2018 | Dutch | |
| Full model | 31/12/2016 | 30/03/2017 | 04/04/2017 | Dutch | |
| Full model | 31/12/2015 | 11/04/2016 | 09/05/2016 | Dutch | |
| Full model | 31/12/2014 | 10/04/2015 | 07/05/2015 | Dutch | |
| Full model | 31/12/2013 | 11/04/2014 | 06/06/2014 | Dutch | |
| Full model | 31/12/2012 | 24/05/2013 | 28/05/2013 | Dutch | |
| Full model | 31/12/2011 | 23/05/2012 | 30/05/2012 | Dutch | |
| Full model | 31/12/2010 | 18/05/2011 | 27/05/2011 | Dutch | |
| Full model | 31/12/2009 | 26/05/2010 | 18/06/2010 | Dutch | |
| Full model | 31/12/2008 | 27/05/2009 | 12/06/2009 | Dutch | |
| m140-f-p | 31/12/2007 | 21/05/2008 | 22/05/2008 | Dutch | |
| m140-f-p | 31/12/2006 | 23/05/2007 | 01/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 M€ and 250 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 22 active · 121 ended
Active mandates
Anita Emma Hendrika Dewispelaere-Dauwe
ActiveAnn Demeulemeester
ActiveFevzi Yildrim
ActiveJean-Luc Demeere
ActiveJean-Paul Bosteels
ActiveLuc Marcel Irène Van der Sypt
ActiveRaphaël De Rycke
ActiveStefaan Vaes
ActiveTom Van Puyenbroeck
ActiveLouise Caels
ActiveSarah De Meyer
ActiveCato Meulemans
ActiveMohammed Benhaddou
ActiveKhadija Zamouri
ActiveFilip Boelaert
ActiveKristine Komives
ActiveAnn Verreth
ActiveGilbert De Neve
ActiveLieve Hilde Maria Logghe
ActiveMark Henri Maria Block
ActiveMartine Baelmans
ActivePeter Lievens
ActiveEnded mandates
Brent Pauwels
EndedDieter Van der Voorde
EndedBrent Pauwels
EndedRobbe Van Leemput
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other03/09/2026Wijziging statuten
- Mandates06/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates30/12/2025ONTSLAGEN - BENOEMINGEN
- Mandates01/04/2025ONTSLAGEN - BENOEMINGEN
- Mandates30/12/2024ONTSLAGEN - BENOEMINGEN
- Mandates02/12/2024ONTSLAGEN - BENOEMINGEN
- Restructuring23/04/2024KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates01/02/2024ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 19/04/2026reconductionAnn Verreth — bestuurder
- 01/04/2026nominationWies De Graeve — bestuurder
- 01/04/2026nominationCharline Desmecht — bestuurder
- 01/04/2026nominationAdem Kumcu — bestuurder
- 01/04/2026nominationBrent Pauwels — bestuurder
- 2025Annual accounts 20251,4 M €↑
- 01/12/2025reconductionJean-Paul Bosteels — bestuurder
- 01/12/2025reconductionJean-Luc Demeere — bestuurder
- 01/12/2025reconductionAnn Demeulemeester — bestuurder
- 01/12/2025reconductionRaf Derycke — bestuurder
- 01/12/2025reconductionAnita Dewispelaere — bestuurder
- 01/12/2025reconductionLuc Vandersypt — bestuurder
- 01/12/2025reconductionFevzi Yildirim — bestuurder
- 01/12/2025nominationAnn Demeulemeester — voorzitter van het Bestuursorgaan
- 01/12/2025nominationJean-Paul Bosteels — ondervoorzitter van het Bestuursorgaan
- 07/11/2025nominationStefaan Vaes — bestuurder
- 07/11/2025nominationTom Van Puyenbroeck — bestuurder
- 16/08/2025nominationSarah De Meyer — bestuurder
- 16/08/2025nominationLouise Caels — bestuurder
- 01/01/2025nominationEef Naessens — commissaris
- 01/01/2025nominationEY — bedrijfsrevisor
- 2024Annual accounts 2024-444 k €↑
- 16/08/2024nominationCato Meulemans — studentbestuurder
- 16/08/2024nominationMohammed Benhaddou — studentbestuurder
- 29/03/2024autre
- 2023Annual accounts 2023-1,7 M €↓
- 01/10/2023nominationKhadija Zamouri — bestuurder
- 16/08/2023nominationPauwels Brent — studentbestuurder
- 16/08/2023nominationDieter Van der Voorde — studentbestuurder
- 2022Annual accounts 2022-1,2 M €↓
- 01/10/2022nominationKomives Kristin — bestuurder
- 01/10/2022nominationBoelaert Filip — bestuurder
- 16/08/2022nominationVan Leemput Robbe — studentbestuurder
- 16/08/2022nominationPauwels Brent — studentbestuurder
- 01/01/2022reconductionAnn Demeulemeester — voorzitter van het bestuursorgaan
- 2021Annual accounts 20211,2 M €↓
- 2020Annual accounts 20203,9 M €↑
- 2019Annual accounts 20191,9 M €↓
- 2018Annual accounts 20185,3 M €↓
- 2017Annual accounts 20176,3 M €↑
- 2016Annual accounts 2016351 k €↑
- 2014Annual accounts 2014300,7 k €↑
- 2012Annual accounts 2012-320,4 k €↓
- 2011Annual accounts 20117,4 M €↑
- 2010Annual accounts 2010799,8 k €
- 28/06/1971IncorporationNon-profit organization