ACTIVE

Odgers

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

262,2 k €

+6811.1% YoY

Gross margin

975,2 k €

+40.3% YoY

Equity

385,4 k €

+173.8% YoY

Workforce

6,2 ETP

+21.6% YoY

What does Odgers do?

Odgers is a Private limited company incorporated in 2015. Its main activity is: Activities of employment placement agencies. Its registered office is in Zaventem. It employs on average 6,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0599.860.668

Incorporation

03/03/2015

Legal form

Private limited company

Registered office

Ikaroslaan 4 box 11
1930 Zaventem · FlandreSee on map

Contributed capital

94 000,00 €

Latest accounts

31/12/2025

Average workforce

6,2 ETP

Activities (NACE)

78100Activities of employment placement agencies· main 78100Activities of employment placement agencies 70200Management consultancy activities 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	975,2 k €	+40.3%	694,9 k €	-10.5%	776,4 k €	+37912%	2 k €	+414%	-649,9 €	-212%	578 €	+204%	-557,4 €	+3.8%	-579,6 €	-134%	1,7 k €	+2800%	-62,6 €	+96.2%	-1,6 k €
EBITDA	424,3 k €	+457%	76,2 k €	-19.4%	94,5 k €	+4528%	2 k €	+305%	-997,4 €	-273%	578 €	+164%	-904,9 €	+2.4%	-927,1 €	-169%	1,3 k €	+1293%	-112,6 €	+94.4%	-2 k €
Operating result	359,5 k €	+1946%	17,6 k €	-76.0%	73,3 k €	+3491%	2 k €	+305%	-997,4 €	-273%	578 €	+164%	-904,9 €	+2.4%	-927,1 €	-169%	1,3 k €	+1293%	-112,6 €	+94.4%	-2 k €
Net result	262,2 k €	+6811%	3,8 k €	-91.2%	42,9 k €	+2062%	2 k €	+288%	-1,1 k €	-301%	527 €	+156%	-947,7 €	-374%	345,8 €	-73.3%	1,3 k €	+924%	-157,4 €	+92.2%	-2 k €
Balance sheet
Equity	385,4 k €	+174%	140,8 k €	-12.3%	160,5 k €	+70.7%	94 k €	+2.2%	92 k €	-1.1%	93,1 k €	+0.6%	92,5 k €	-1.0%	93,5 k €	+0.4%	93,1 k €	+1.4%	91,8 k €	-0.2%	92 k €
Total assets	1,2 M €	+36.8%	852,4 k €	-5.6%	902,6 k €	+410%	177 k €	+1.1%	175 k €	+88.1%	93,1 k €	+0.6%	92,5 k €	-1.2%	93,6 k €	+0.5%	93,1 k €	-16.2%	111,2 k €	-4.0%	115,8 k €
Cash	268,2 k €	+87.5%	143 k €	-57.5%	336,3 k €	+7467%	4,4 k €	+74.6%	2,5 k €	-84.6%	16,6 k €	+3.5%	16 k €	-6.2%	17 k €	+47.9%	11,5 k €	+124%	5,1 k €	-2.2%	5,3 k €
Debts	677 k €	+48.0%	457,3 k €	+4.4%	438,1 k €	+428%	83 k €	0.0%	83 k €		–		–		133,7 €		–		19,4 k €	-18.6%	23,8 k €
Other
Workforce	6,2 ETP	+21.6%	5,1 ETP	+64.5%	3,1 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 5 ended

Active mandates

Martine KLUTZ

Director · since 03 février 2025

Active

David Webber

Director · since 16 novembre 2020

Active

MARC DE BRAEKELEER

Director

Active

PIERRE HERVE BAZIN

Director

Active

Ended mandates

LUC WOUTERS

Director · until 05 juin 2024

Ended

LUC WOUTERS

Director

Ended

LUC WOUTERS

Manager

Ended

MARC DE BRAEKELEER

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	20/02/2026	06/06/2025	21/06/2024	05/07/2023	29/07/2022	22/06/2021
General meeting	19/02/2026	04/06/2025	12/03/2024	07/06/2023	30/06/2022	02/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/02/2026	20/02/2026	Dutch	PDF
Abridged model	31/12/2024	04/06/2025	06/06/2025	Dutch	PDF
Abridged model	31/12/2023	12/03/2024	21/06/2024	Dutch	PDF
Abridged model	31/12/2022	07/06/2023	05/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	22/06/2021	Dutch	PDF
Micro model	31/12/2019	03/06/2020	13/07/2020	Dutch	PDF
Abridged model	31/12/2018	05/06/2019	05/06/2019	Dutch	PDF
Micro model	31/12/2017	06/06/2018	06/07/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	28/06/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 active · 5 ended

Active mandates

Martine KLUTZ

Director · since 03 février 2025

Active

David Webber

Director · since 16 novembre 2020

Active

MARC DE BRAEKELEER

Director

Active

PIERRE HERVE BAZIN

Director

Active

Ended mandates

LUC WOUTERS

Director · until 05 juin 2024

Ended

LUC WOUTERS

Director

Ended

LUC WOUTERS

Manager

Ended

MARC DE BRAEKELEER

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other27/07/2026
ALGEMENE VERGADERING
PDF
Mandates30/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other10/06/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates20/02/2025
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/09/2024
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring10/10/2023
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/06/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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

2025
Annual accounts 2025262,2 k €↑
2025
Name changeODGERS
2024
Annual accounts 20243,8 k €↓
2023
Annual accounts 202342,9 k €↑
2023
Name changeODGERS BERNDTSON
2022
Annual accounts 20222 k €↑
2021
Annual accounts 2021-1,1 k €↓
2021
Name changeODGERS BERNDTSON BELUX
2020
Annual accounts 2020527 €↑
2019
Annual accounts 2019-947,7 €↓
2018
Annual accounts 2018345,8 €↓
2017
Annual accounts 20171,3 k €↑
2016
Annual accounts 2016-157,4 €↑
2015
Annual accounts 2015-2 k €
03/03/2015
IncorporationPrivate 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

Odgers

Overview

What does Odgers do?

Trend over 11 financial years

Indicative valuation

Board of directors

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