ACTIVE

ODOO

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Financial year 2025 · Closed on 31/12/2025

Net result-14,9 M €-467,5 %over 1 year
Revenue206,8 M €+5,3 %over 1 year
Equity12,8 M €-53,9 %over 1 year
Workforce1 266,7 ETP+10,9 %over 1 year

Identity

Source · BCE/KBO

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
Joint committees (2)
  • 200
  • 218
Contacts
2 public details availableLog in to view
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 26 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue206,8 M €196,5 M €174,9 M €138,1 M €95 M €
EBITDA11,2 M €17,4 M €32,5 M €16 M €19 M €
Operating result-14 M €-2,8 M €18,9 M €6,1 M €10,4 M €
Net result-14,9 M €-2,6 M €14,3 M €4,4 M €8,1 M €
Balance sheet
Equity12,8 M €27,7 M €30,3 M €16 M €11,4 M €
Total assets225,1 M €203,5 M €149,3 M €94,3 M €69,6 M €
Cash55,2 M €43 M €35,8 M €13,5 M €22,6 M €
Debts120,5 M €90,6 M €57,2 M €28,7 M €20,9 M €
Other
Workforce1 266,7 ETP1 141,9 ETP1 006,9 ETP886,2 ETP672,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 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

Other companies at this address

Chaussée de Namur 40 1367 Ramillies
CompanyCBE 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

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/06/202613/06/202531/07/202415/06/202321/06/202229/06/2021
General meeting09/06/202610/06/202531/07/202413/06/202314/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 26 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/06/202617/06/2026FrenchPDF
Full model31/12/202410/06/202513/06/2025FrenchPDF
Consolidated accounts31/12/202410/06/202516/06/2025FrenchPDF
Full model31/12/202331/07/202431/07/2024FrenchPDF
Consolidated accounts31/12/202331/07/202405/08/2024FrenchPDF
Full model31/12/202213/06/202315/06/2023FrenchPDF
Consolidated accounts31/12/202213/06/202315/06/2023FrenchPDF
Full model31/12/202114/06/202221/06/2022FrenchPDF
Consolidated accounts31/12/202114/06/202221/06/2022FrenchPDF
Full model31/12/202008/06/202128/06/2021FrenchPDF
Consolidated accounts31/12/202008/06/202129/06/2021FrenchPDF
Full modelCorrection31/12/201909/06/202026/11/2020FrenchPDF
Full model31/12/201909/06/202005/08/2020FrenchPDF
Full model31/12/201807/03/201904/04/2019FrenchPDF
Full model31/12/201707/03/201825/06/2018FrenchPDF
Full model31/12/201614/04/201710/05/2017FrenchPDF
Full model31/12/201522/03/201624/05/2016FrenchPDF
Full model31/12/201419/03/201520/04/2015FrenchPDF
Full model31/12/201311/03/201402/06/2014FrenchPDF
Full model31/12/201219/03/201325/07/2013FrenchPDF
Abridged model31/12/201107/03/201231/07/2012FrenchPDF
Abridged model31/12/201029/07/201131/07/2011FrenchPDF
Abridged model31/12/200923/02/201026/07/2010FrenchPDF
Abridged model31/12/200825/06/200929/08/2009FrenchPDF
Abridged model31/12/200725/06/200802/09/2008FrenchPDF
Abridged model31/12/200625/06/200706/08/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 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

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

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

See the Business plan

Timeline

  1. 30/04/2026
    nominationAlessandro MAZZOCCHETTI — administrateur Ordinaire
  2. 2025
    Annual accounts 2025-14,9 M €↓
  3. 10/06/2025
    reconductionAnthony CLAVEL — administrateur de classe B
  4. 10/06/2025
    reconductionJohannes SIKKENS — administrateur de classe A
  5. 10/06/2025
    reconductionRSM InterAudit SRL — commissaire aux comptes
  6. 30/04/2025
    nominationAlessandro Mazzocchetti — administrateur ordinaire représentant les actionnaires Ordinaires
  7. 2024
    Annual accounts 2024-2,6 M €↓
  8. 31/07/2024
    nominationS.A. SPARAXIS — administrateur
  9. 07/05/2024
    reduction_capital
  10. 2023
    Annual accounts 202314,3 M €↑
  11. 2022
    Annual accounts 20224,4 M €↓
  12. 14/06/2022
    nominationRSM InterAudit SRL — commissaire
  13. 13/05/2022
    reduction_capital
  14. 2021
    Annual accounts 20218,1 M €↑
  15. 2018
    Annual accounts 2018-328,3 k €↓
  16. 2017
    Annual accounts 2017194,7 k €↓
  17. 2016
    Annual accounts 2016441,3 k €↑
  18. 2015
    Annual accounts 2015-3,3 M €↑
  19. 2014
    Annual accounts 2014-3,5 M €↓
  20. 2014
    Name changeOdoo
  21. 2013
    Annual accounts 2013-1,3 M €↓
  22. 2012
    Annual accounts 2012-335,8 k €↓
  23. 2011
    Annual accounts 2011-106,3 k €↑
  24. 2010
    Annual accounts 2010-1,1 M €↓
  25. 2009
    Annual accounts 2009741,9 €↓
  26. 2009
    Name changeOpenERP SA
  27. 2008
    Annual accounts 20085,3 k €↑
  28. 2007
    Annual accounts 2007-5,2 k €↓
  29. 2006
    Annual accounts 200623,1 k €
  30. 2006
    Name changeTINY
  31. 06/05/2002
    IncorporationPublic limited company