ACTIVE

ODOO

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Financial year 2025 · closed on 31/12/2025

Net result

-14,9 M €

-467.5% YoY

Revenue

206,8 M €

+5.3% YoY

Equity

12,8 M €

-53.9% YoY

Workforce

1 266,7 ETP

+10.9% YoY

What does ODOO do?

ODOO is a Public limited company incorporated in 2002. Its main activity is: Other software publishing. Its registered office is in Ramillies. It employs on average 1 266,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.472.701

Incorporation

06/05/2002

Legal form

Public limited company

Registered office

Chaussée de Namur 40
1367 Ramillies · WallonieSee on map

Contributed capital

2 672 771,82 €

Latest accounts

31/12/2025

Average workforce

1 266,7 ETP

Activities (NACE)

58290Other software publishing· main 58290Other software publishing 62020Computer consultancy activities 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 62020Computer consultancy activities+1

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	206,8 M €	+5.3%	196,5 M €	+12.3%	174,9 M €	+26.7%	138,1 M €	+45.4%	95 M €	+371%	20,2 M €	+48.3%	13,6 M €	+36.5%	10 M €	+51.3%	6,6 M €	+14.8%	5,7 M €	+17.5%	4,9 M €	+3.9%	4,7 M €	-3.5%	4,9 M €		–		–		–		–		–
EBITDA	11,2 M €	-35.4%	17,4 M €	-46.4%	32,5 M €	+103%	16 M €	-15.4%	19 M €	+917%	1,9 M €	-31.9%	2,7 M €	+24.1%	2,2 M €	+208%	-2 M €	+8.9%	-2,2 M €	-2109%	111,3 k €	-83.9%	689,5 k €	+86.3%	370,1 k €	+147%	-795,4 k €	-1470%	58,1 k €	+3.4%	56,2 k €	+438%	10,4 k €	-74.7%	41,2 k €
Operating result	-14 M €	-406%	-2,8 M €	-115%	18,9 M €	+211%	6,1 M €	-41.6%	10,4 M €	+2370%	-457,2 k €	-193%	489,9 k €	+154%	193 k €	+105%	-3,5 M €	-0.5%	-3,5 M €	-223%	-1,1 M €	-157%	-424,7 k €	-148%	-171,5 k €	+84.0%	-1,1 M €	-8324%	-12,7 k €	-149%	26,1 k €	+775%	-3,9 k €	-114%	28,5 k €
Net result	-14,9 M €	-467%	-2,6 M €	-118%	14,3 M €	+225%	4,4 M €	-45.6%	8,1 M €	+2562%	-328,3 k €	-269%	194,7 k €	-55.9%	441,3 k €	+113%	-3,3 M €	+4.0%	-3,5 M €	-167%	-1,3 M €	-286%	-335,8 k €	-216%	-106,3 k €	+89.9%	-1,1 M €	-141723%	741,9 €	-86.0%	5,3 k €	+203%	-5,2 k €	-122%	23,1 k €
Balance sheet
Equity	12,8 M €	-53.9%	27,7 M €	-8.7%	30,3 M €	+89.0%	16 M €	+40.3%	11,4 M €	+523%	1,8 M €	-25.0%	2,4 M €	+19.9%	2 M €	+53.5%	1,3 M €	-70.9%	4,6 M €	+1753%	246,1 k €	-84.3%	1,6 M €	-22.0%	2 M €	-1.1%	2 M €	+1837%	105,1 k €	+273%	28,2 k €	+23.1%	22,9 k €	-18.4%	28,1 k €
Total assets	225,1 M €	+10.6%	203,5 M €	+36.3%	149,3 M €	+58.3%	94,3 M €	+35.4%	69,6 M €	+203%	22,9 M €	+42.4%	16,1 M €	+39.6%	11,5 M €	+29.9%	8,9 M €	-18.5%	10,9 M €	+79.7%	6,1 M €	+32.4%	4,6 M €	-9.0%	5 M €	+77.2%	2,8 M €	+405%	562,7 k €	+54.1%	365,1 k €	+112%	172,5 k €	+40.4%	122,8 k €
Cash	55,2 M €	+28.3%	43 M €	+20.2%	35,8 M €	+164%	13,5 M €	-40.2%	22,6 M €	+247%	6,5 M €	+17.4%	5,6 M €	+121%	2,5 M €	+31.6%	1,9 M €	-66.3%	5,7 M €	+218%	1,8 M €	+134%	765,1 k €	-32.3%	1,1 M €	-18.4%	1,4 M €	+4285%	31,6 k €	-52.0%	65,7 k €	+565%	9,9 k €	-73.1%	36,7 k €
Debts	120,5 M €	+33.0%	90,6 M €	+58.3%	57,2 M €	+99.8%	28,7 M €	+37.2%	20,9 M €	+180%	7,5 M €	+63.7%	4,6 M €	+24.0%	3,7 M €	+6.8%	3,4 M €	+2.5%	3,4 M €	-15.7%	4 M €	+68.6%	2,4 M €	-10.8%	2,6 M €	+293%	674,1 k €	+110%	320,9 k €	+47.4%	217,7 k €	+50.0%	145,1 k €	+122%	65,4 k €
Other
Workforce	1 266,7 ETP	+10.9%	1 141,9 ETP	+13.4%	1 006,9 ETP	+13.6%	886,2 ETP	+31.8%	672,6 ETP	+224%	207,7 ETP	+57.1%	132,2 ETP	+31.7%	100,4 ETP	-9.4%	110,8 ETP	+26.8%	87,4 ETP	+47.6%	59,2 ETP	+12.8%	52,5 ETP	+47.1%	35,7 ETP	+41.7%	25,2 ETP	+46.5%	17,2 ETP	+169%	6,4 ETP	+18.5%	5,4 ETP	+25.6%	4,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 32 ended

Active mandates

Alessandro Mazzocchetti

Director · since 10 juin 2025 · until 31 juillet 2030

Active

Anthony Clavel

Director · since 10 juin 2025 · until 31 juillet 2030

Active

Han Sikkens

Director · since 10 juin 2025 · until 31 juillet 2030

Active

SPARAXIS

Director · since 31 juillet 2024 · until 31 juillet 2030 · 0452.116.307

Represented by Damien Lourtie

Active

Harold Mechelynck

Director · since 14 juillet 2021 · until 30 avril 2025

Active

Fabien Pinckaers

Chairman of the board of directors · since 25 février 2010 · until 08 juin 2027

Active

Ended mandates

SPARAXIS

Director · since 31 juillet 2024 · until 10 juin 2025 · 0452.116.307

Represented by Damien Lourtie

Ended

Han Sikkens

Director · since 14 juillet 2021 · until 10 juin 2025

Ended

Harold Mechelynck

Director · since 14 juillet 2021 · until 10 juin 2025

Ended

Anthony Clavel

Director · since 21 novembre 2019 · until 10 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
odoo farms● Active	0678.659.213
ODOO FINANCE● Active	0754.929.521
ODOO SPV● Active	0785.765.722
OM2● Active	0772.339.833
OM3● Active	1028.822.481
OpenERP● Active	0682.432.612

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
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	17/06/2026	13/06/2025	31/07/2024	15/06/2023	21/06/2022	29/06/2021
General meeting	09/06/2026	10/06/2025	31/07/2024	13/06/2023	14/06/2022	08/06/2021
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

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Filings

Annual accounts filings

26 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	09/06/2026	17/06/2026	French	PDF
Full model	31/12/2024	10/06/2025	13/06/2025	French	PDF
Consolidated accounts	31/12/2024	10/06/2025	16/06/2025	French	PDF
Full model	31/12/2023	31/07/2024	31/07/2024	French	PDF
Consolidated accounts	31/12/2023	31/07/2024	05/08/2024	French	PDF
Full model	31/12/2022	13/06/2023	15/06/2023	French	PDF
Consolidated accounts	31/12/2022	13/06/2023	15/06/2023	French	PDF
Full model	31/12/2021	14/06/2022	21/06/2022	French	PDF
Consolidated accounts	31/12/2021	14/06/2022	21/06/2022	French	PDF
Full model	31/12/2020	08/06/2021	28/06/2021	French	PDF
Consolidated accounts	31/12/2020	08/06/2021	29/06/2021	French	PDF
Full modelCorrection	31/12/2019	09/06/2020	26/11/2020	French	PDF
Full model	31/12/2019	09/06/2020	05/08/2020	French	PDF
Full model	31/12/2018	07/03/2019	04/04/2019	French	PDF
Full model	31/12/2017	07/03/2018	25/06/2018	French	PDF
Full model	31/12/2016	14/04/2017	10/05/2017	French	PDF
Full model	31/12/2015	22/03/2016	24/05/2016	French	PDF
Full model	31/12/2014	19/03/2015	20/04/2015	French	PDF
Full model	31/12/2013	11/03/2014	02/06/2014	French	PDF
Full model	31/12/2012	19/03/2013	25/07/2013	French	PDF
Abridged model	31/12/2011	07/03/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	29/07/2011	31/07/2011	French	PDF
Abridged model	31/12/2009	23/02/2010	26/07/2010	French	PDF
Abridged model	31/12/2008	25/06/2009	29/08/2009	French	PDF

View all 26 filings

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 32 ended

Active mandates

Alessandro Mazzocchetti

Director · since 10 juin 2025 · until 31 juillet 2030

Active

Anthony Clavel

Director · since 10 juin 2025 · until 31 juillet 2030

Active

Han Sikkens

Director · since 10 juin 2025 · until 31 juillet 2030

Active

SPARAXIS

Director · since 31 juillet 2024 · until 31 juillet 2030 · 0452.116.307

Represented by Damien Lourtie

Active

Harold Mechelynck

Director · since 14 juillet 2021 · until 30 avril 2025

Active

Fabien Pinckaers

Chairman of the board of directors · since 25 février 2010 · until 08 juin 2027

Active

Ended mandates

SPARAXIS

Director · since 31 juillet 2024 · until 10 juin 2025 · 0452.116.307

Represented by Damien Lourtie

Ended

Han Sikkens

Director · since 14 juillet 2021 · until 10 juin 2025

Ended

Harold Mechelynck

Director · since 14 juillet 2021 · until 10 juin 2025

Ended

Anthony Clavel

Director · since 21 novembre 2019 · until 10 juin 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/08/2026
renouvellement anticipé du mandat d'administrateur et du mandat
PDF
Mandates04/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates26/05/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/11/2024
DEMISSIONS, NOMINATIONS
PDF
Other11/08/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates20/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates20/07/2022
DEMISSIONS, NOMINATIONS
PDF
Capital / shares31/03/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

30/04/2026
nominationAlessandro MAZZOCCHETTI — administrateur Ordinaire
2025
Annual accounts 2025-14,9 M €↓
10/06/2025
reconductionAnthony CLAVEL — administrateur de classe B
10/06/2025
reconductionJohannes SIKKENS — administrateur de classe A
10/06/2025
reconductionRSM InterAudit SRL — commissaire aux comptes
30/04/2025
nominationAlessandro Mazzocchetti — administrateur ordinaire représentant les actionnaires Ordinaires
2024
Annual accounts 2024-2,6 M €↓
31/07/2024
nominationS.A. SPARAXIS — administrateur
07/05/2024
reduction_capital
2023
Annual accounts 202314,3 M €↑
2022
Annual accounts 20224,4 M €↓
14/06/2022
nominationRSM InterAudit SRL — commissaire
13/05/2022
reduction_capital
2021
Annual accounts 20218,1 M €↑
2018
Annual accounts 2018-328,3 k €↓
2017
Annual accounts 2017194,7 k €↓
2016
Annual accounts 2016441,3 k €↑
2015
Annual accounts 2015-3,3 M €↑
2014
Annual accounts 2014-3,5 M €↓
2014
Name changeOdoo
2013
Annual accounts 2013-1,3 M €↓
2012
Annual accounts 2012-335,8 k €↓
2011
Annual accounts 2011-106,3 k €↑
2010
Annual accounts 2010-1,1 M €↓
2009
Annual accounts 2009741,9 €↓
2009
Name changeOpenERP SA
2008
Annual accounts 20085,3 k €↑
2007
Annual accounts 2007-5,2 k €↓
2006
Annual accounts 200623,1 k €
2006
Name changeTINY
06/05/2002
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ODOO

Overview

What does ODOO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline