OVERSEAS DISTRIBUTION COMPANY
ActiveSummary
OVERSEAS DISTRIBUTION COMPANY has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38.25M and a net result of €7.56M. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 49% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▲+2
Solvency70▲+3
Growth72▲+1
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.7 in 2024; short-term debt: 53% and cash: 6.8% of total assets), but 55.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.6%
Return on assets
8.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
41 d early
2023
29 d early
2022
35 d early
2021
54 d early
2020
16 d early
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€284.26M▲ 10.9%
2024 · €256.33M
2018: €164.27M
2019: €154.48M▼ -6.0% vs 2018
2020: €68.52M▼ -55.6% vs 2019lowest in 8 years
2021: €99.79M▲ +45.6% vs 2020
2022: €192.19M▲ +92.6% vs 2021
2023: €228.05M▲ +18.7% vs 2022
2024: €256.33M▲ +12.4% vs 2023
2025: €284.26M▲ +10.9% vs 2024highest in 8 years
2018 → 2025
EBIT margin
3.8%▲ 0.5pp
2024 · 3.3%
2018: 2.4%
2019: 2.0%▼ -16.9% vs 2018
2020: -0.6%▼ -131% vs 2019lowest in 8 years
2021: 3.1%▲ +608% vs 2020
2022: 3.7%▲ +18.7% vs 2021
2023: 4.0%▲ +7.1% vs 2022highest in 8 years
2024: 3.3%▼ -17.6% vs 2023
2025: 3.8%▲ +15.5% vs 2024
2018 → 2025
Net result
€7.56M▲ 30.5%
2024 · €5.79M
2018: €2.29M
2019: €1.80M▼ -21.1% vs 2018
2020: €-918k▼ -151% vs 2019lowest in 8 years
2021: €2.95M▲ +422% vs 2020
2022: €5.25M▲ +77.7% vs 2021
2023: €6.31M▲ +20.2% vs 2022
2024: €5.79M▼ -8.2% vs 2023
2025: €7.56M▲ +30.5% vs 2024highest in 8 years
2018 → 2025
Working capital
€36.84M▲ 3.7%
2024 · €35.54M
2018: €19.39Mlowest in 8 years
2019: €24.15M▲ +24.5% vs 2018
2020: €23.48M▼ -2.7% vs 2019
2021: €23.70M▲ +0.9% vs 2020
2022: €26.54M▲ +12.0% vs 2021
2023: €31.16M▲ +17.4% vs 2022
2024: €35.54M▲ +14.1% vs 2023
2025: €36.84M▲ +3.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€99.79M-€192.19M▲ 92.6%€228.05M▲ 18.7%€256.33M▲ 12.4%€284.26M▲ 10.9%
2021: €99.79Mlowest in 5 years
2022: €192.19M▲ +92.6% vs 2021
2023: €228.05M▲ +18.7% vs 2022
2024: €256.33M▲ +12.4% vs 2023
2025: €284.26M▲ +10.9% vs 2024highest in 5 years
Equity€24.84M-€28.09M▲ 13.1%€31.90M▲ 13.6%€37.69M▲ 18.2%€38.25M▲ 1.5%
2021: €24.84Mlowest in 5 years
2022: €28.09M▲ +13.1% vs 2021
2023: €31.90M▲ +13.6% vs 2022
2024: €37.69M▲ +18.2% vs 2023
2025: €38.25M▲ +1.5% vs 2024highest in 5 years
Operating result€3.11M-€7.10M▲ 129%€9.03M▲ 27.1%€8.37M▼ 7.3%€10.72M▲ 28.1%
2021: €3.11Mlowest in 5 years
2022: €7.10M▲ +129% vs 2021
2023: €9.03M▲ +27.1% vs 2022
2024: €8.37M▼ -7.3% vs 2023
2025: €10.72M▲ +28.1% vs 2024highest in 5 years
Net result€2.95M-€5.25M▲ 77.7%€6.31M▲ 20.2%€5.79M▼ 8.2%€7.56M▲ 30.5%
2021: €2.95Mlowest in 5 years
2022: €5.25M▲ +77.7% vs 2021
2023: €6.31M▲ +20.2% vs 2022
2024: €5.79M▼ -8.2% vs 2023
2025: €7.56M▲ +30.5% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85.73M
Fixed assets
€3.41M ▼ 5.2%
Current assets
€82.32M ▼ 4.3%
Equity and liabilities €85.73M
Equity
€38.25M ▲ 1.5%
Debt
€47.49M ▼ 8.6%
Debt's share of the balance-sheet total falls from 58.0% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11.64M▲
2024 · €9.15M
Cash flow
€8.49M▲
2024 · €6.58M
Current ratio
1.81▲
2024 · 1.70
Quick ratio
0.87▲
2024 · 0.83
Debt to equity
1.24▼
2024 · 1.38
ROE
19.8%▲
2024 · 15.4%
ROA
8.8%▲
2024 · 6.5%
Interest coverage
21.82▼
2024 · 25.66
Debt ≤ 1 year
€45.48M▼
2024 · €50.52M
Debt > 1 year
€1.85M▲
2024 · €1.20M
Income taxes
€2.56M▲
2024 · €2.09M
Staff costs
€5.30M▲
2024 · €5.06M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 79 lines
Balance sheet
Code20242025
Assets
Total assets20/58€89.66M€85.73M▼
Fixed assets21/28€3.60M€3.41M▼
Intangible fixed assets21€239k€316k▲
Tangible fixed assets22/27€3.00M€2.73M▼
Land and buildings22€227k€193k▼
Plant, machinery and equipment23€1.36M€1.31M▼
Furniture and vehicles24€1.41M€1.23M▼
Financial fixed assets28€359k€359k=
Affiliated companies280/1€349k€349k=
Participating interests280€349k€349k=
Other financial fixed assets284/8€10k€10k▲
Amounts receivable and cash guarantees285/8€10k€10k▲
Current assets29/58€86.06M€82.32M▼
Stocks and contracts in progress3€43.91M€42.76M▼
Stocks30/36€43.91M€42.76M▼
Goods purchased for resale34€43.91M€42.76M▼
Amounts receivable within one year40/41€31.99M€33.42M▲
Trade receivables40€30.73M€32.27M▲
Other amounts receivable41€1.26M€1.15M▼
Cash at bank and in hand54/58€9.83M€5.85M▼
Deferred charges and accrued income490/1€334k€295k▼
Equity and liabilities
Total equity and liabilities10/49€89.66M€85.73M▼
Equity10/15€37.69M€38.25M▲
Contributions10/11€750k€750k=
Capital10€750k€750k=
Issued capital100€750k€750k=
Reserves13€20.25M€20.25M=
Non-distributable reserves130/1€75k€75k=
Legal reserve130€75k€75k=
Distributable reserves133€20.17M€20.17M=
Profit (loss) carried forward14€16.69M€17.25M▲
Amounts payable17/49€51.97M€47.49M▼
Amounts payable after more than one year17€1.20M€1.85M▲
Financial debts170/4€1.20M€1.85M▲
Credit institutions173€1.20M€1.85M▲
Amounts payable within one year42/48€50.52M€45.48M▼
Current portion of amounts payable after more than one year42€975k€1.04M▲
Financial debts43€6.00M€8.61M▲
Credit institutions430/8€6.00M€8.61M▲
Trade debts44€42.34M€33.65M▼
Suppliers440/4€42.34M€33.65M▼
Taxes, remuneration and social security45€1.21M€1.18M▼
Taxes450/3€815k€739k▼
Remuneration and social security454/9€395k€438k▲
Other amounts payable47/48-€1.00M
Accrued charges and deferred income492/3€250k€157k▼
Income statement
Code20242025
Operating income70/76A€256.56M€284.61M▲
Turnover70€256.33M€284.26M▲
Other operating income74€194k€345k▲
Non-recurring operating income76A€36k-
Operating charges60/66A€248.20M€273.89M▲
Goods for resale, raw materials and consumables60€234.14M€255.96M▲
Purchases600/8€236.60M€254.82M▲
Change in stocks: decrease (increase)609€-2.45M€1.14M▲
Services and other goods61€7.90M€11.19M▲
Remuneration, social security and pensions62€5.06M€5.30M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€785k€928k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€275k€-18k▼
Other operating charges640/8€20k€527k▲
Non-recurring operating charges66A€12k€1k▼
Operating profit (loss)9901€8.37M€10.72M▲
Financial income75/76B€1.23M€1.66M▲
Recurring financial income75€1.23M€1.66M▲
Income from current assets751€12k€121k▲
Other financial income752/9€1.22M€1.54M▲
Financial charges65/66B€1.71M€2.26M▲
Recurring financial charges65€1.71M€2.26M▲
Debt charges650€357k€534k▲
Other financial charges652/9€1.35M€1.72M▲
Profit (loss) for the period before taxes9903€7.89M€10.12M▲
Income taxes67/77€2.09M€2.56M▲
Taxes670/3€2.09M€2.56M▲
Profit (loss) for the period9904€5.79M€7.56M▲
Profit (loss) for the period to be appropriated9905€5.79M€7.56M▲
Appropriation of the result
Profit (loss) to be appropriated9906€16.69M€24.25M▲
Profit (loss) brought forward from the previous period14P€10.90M€16.69M▲
Profit to be distributed694/7-€7.00M
Return on contributions (dividend)694-€7.00M
Social balance
Average headcount (FTE)908754.359.4▲
The notes to these accounts (67 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €101.21M | €192.53M | €228.19M | €256.56M | €284.61M | ▲ 10.9% |
| Turnover70 | €99.79M | €192.19M | €228.05M | €256.33M | €284.26M | ▲ 10.9% |
| Other operating income74 | €1.43M | €342k | €121k | €194k | €345k | ▲ 77.7% |
| Non-recurring operating income76A | €0 | - | €18k | €36k | - | - |
| Operating charges60/66A | €98.11M | €185.43M | €219.16M | €248.20M | €273.89M | ▲ 10.4% |
| Goods for resale, raw materials and consumables60 | €89.99M | €174.79M | €207.20M | €234.14M | €255.96M | ▲ 9.3% |
| Purchases600/8 | €93.65M | €190.30M | €220.67M | €236.60M | €254.82M | ▲ 7.7% |
| Change in stocks: decrease (increase)609 | €-3.66M | €-15.51M | €-13.47M | €-2.45M | €1.14M | ▲ 147% |
| Services and other goods61 | €4.90M | €6.48M | €6.92M | €7.90M | €11.19M | ▲ 41.6% |
| Remuneration, social security and pensions62 | €2.42M | €3.42M | €3.83M | €5.06M | €5.30M | ▲ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €621k | €577k | €645k | €785k | €928k | ▲ 18.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €24k | €132k | €157k | €275k | €-18k | ▼ 106% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €146k | €14k | €40k | €20k | €527k | ▲ 2,475% |
| Non-recurring operating charges66A | €0 | €18k | €367k | €12k | €1k | ▼ 91.8% |
| Operating profit (loss)9901 | €3.11M | €7.10M | €9.03M | €8.37M | €10.72M | ▲ 28.1% |
| Financial income75/76B | €1.05M | €1.67M | €1.14M | €1.23M | €1.66M | ▲ 35.3% |
| Recurring financial income75 | €1.05M | €1.67M | €1.14M | €1.23M | €1.66M | ▲ 35.3% |
| Income from current assets751 | €103 | €3k | - | €12k | €121k | ▲ 949% |
| Other financial income752/9 | €1.05M | €1.67M | €1.14M | €1.22M | €1.54M | ▲ 26.6% |
| Financial charges65/66B | €517k | €1.70M | €1.59M | €1.71M | €2.26M | ▲ 32.1% |
| Recurring financial charges65 | €517k | €1.70M | €1.59M | €1.71M | €2.26M | ▲ 32.1% |
| Debt charges650 | €163k | €185k | €384k | €357k | €534k | ▲ 49.6% |
| Other financial charges652/9 | €354k | €1.52M | €1.20M | €1.35M | €1.72M | ▲ 27.4% |
| Profit (loss) for the period before taxes9903 | €3.64M | €7.07M | €8.58M | €7.89M | €10.12M | ▲ 28.4% |
| Income taxes67/77 | €686k | €1.82M | €2.27M | €2.09M | €2.56M | ▲ 22.3% |
| Taxes670/3 | €686k | €1.82M | €2.27M | €2.09M | €2.56M | ▲ 22.3% |
| Tax adjustments and reversals of tax provisions77 | €0 | €886 | - | - | - | - |
| Profit (loss) for the period9904 | €2.95M | €5.25M | €6.31M | €5.79M | €7.56M | ▲ 30.5% |
| Profit (loss) for the period to be appropriated9905 | €2.95M | €5.25M | €6.31M | €5.79M | €7.56M | ▲ 30.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38.50M | €59.14M | €73.28M | €89.66M | €85.73M | ▼ 4.4% |
| Fixed assets21/28 | €1.19M | €1.68M | €2.61M | €3.60M | €3.41M | ▼ 5.2% |
| Intangible fixed assets21 | €105k | €251k | €61k | €239k | €316k | ▲ 32.4% |
| Tangible fixed assets22/27 | €1.07M | €1.41M | €2.53M | €3.00M | €2.73M | ▼ 8.8% |
| Land and buildings22 | €448k | €270k | €242k | €227k | €193k | ▼ 15.1% |
| Plant, machinery and equipment23 | €171k | €304k | €1.05M | €1.36M | €1.31M | ▼ 3.7% |
| Furniture and vehicles24 | €454k | €837k | €1.24M | €1.41M | €1.23M | ▼ 12.7% |
| Financial fixed assets28 | €15k | €15k | €15k | €359k | €359k | = |
| Affiliated companies280/1 | - | - | - | €349k | €349k | = |
| Participating interests280 | - | - | - | €349k | €349k | = |
| Other financial fixed assets284/8 | €15k | €15k | €15k | €10k | €10k | ▲ 1.3% |
| Amounts receivable and cash guarantees285/8 | €15k | €15k | €15k | €10k | €10k | ▲ 1.3% |
| Current assets29/58 | €37.31M | €57.47M | €70.67M | €86.06M | €82.32M | ▼ 4.3% |
| Stocks and contracts in progress3 | €12.86M | €28.36M | €41.83M | €43.91M | €42.76M | ▼ 2.6% |
| Stocks30/36 | €12.86M | €28.36M | €41.83M | €43.91M | €42.76M | ▼ 2.6% |
| Goods purchased for resale34 | €12.86M | €28.36M | €41.83M | €43.91M | €42.76M | ▼ 2.6% |
| Amounts receivable within one year40/41 | €16.71M | €19.69M | €25.14M | €31.99M | €33.42M | ▲ 4.5% |
| Trade receivables40 | €16.71M | €19.44M | €25.04M | €30.73M | €32.27M | ▲ 5.0% |
| Other amounts receivable41 | €0 | €256k | €104k | €1.26M | €1.15M | ▼ 8.8% |
| Current investments50/53 | €1.77M | - | - | - | - | - |
| Other investments51/53 | €1.77M | - | - | - | - | - |
| Cash at bank and in hand54/58 | €4.88M | €8.68M | €3.46M | €9.83M | €5.85M | ▼ 40.5% |
| Deferred charges and accrued income490/1 | €1.10M | €730k | €244k | €334k | €295k | ▼ 11.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38.50M | €59.14M | €73.28M | €89.66M | €85.73M | ▼ 4.4% |
| Equity10/15 | €24.84M | €28.09M | €31.90M | €37.69M | €38.25M | ▲ 1.5% |
| Contributions10/11 | €750k | €750k | €750k | €750k | €750k | = |
| Capital10 | €750k | €750k | €750k | €750k | €750k | = |
| Issued capital100 | €750k | €750k | €750k | €750k | €750k | = |
| Reserves13 | €20.25M | €20.25M | €20.25M | €20.25M | €20.25M | = |
| Non-distributable reserves130/1 | €75k | €75k | €75k | €75k | €75k | = |
| Legal reserve130 | €75k | €75k | €75k | €75k | €75k | = |
| Distributable reserves133 | €20.17M | €20.17M | €20.17M | €20.17M | €20.17M | = |
| Profit (loss) carried forward14 | €3.84M | €7.09M | €10.90M | €16.69M | €17.25M | ▲ 3.4% |
| Amounts payable17/49 | €13.67M | €31.06M | €41.38M | €51.97M | €47.49M | ▼ 8.6% |
| Amounts payable after more than one year17 | €0 | - | €1.60M | €1.20M | €1.85M | ▲ 54.2% |
| Financial debts170/4 | €0 | - | €1.60M | €1.20M | €1.85M | ▲ 54.2% |
| Credit institutions173 | €0 | - | €1.60M | €1.20M | €1.85M | ▲ 54.2% |
| Amounts payable within one year42/48 | €13.61M | €30.93M | €39.51M | €50.52M | €45.48M | ▼ 10.0% |
| Current portion of amounts payable after more than one year42 | €3.00M | €3.00M | €400k | €975k | €1.04M | ▲ 6.3% |
| Financial debts43 | - | - | €2.40M | €6.00M | €8.61M | ▲ 43.5% |
| Credit institutions430/8 | - | - | €2.40M | €6.00M | €8.61M | ▲ 43.5% |
| Trade debts44 | €10.29M | €25.58M | €33.38M | €42.34M | €33.65M | ▼ 20.5% |
| Suppliers440/4 | €10.29M | €25.58M | €33.38M | €42.34M | €33.65M | ▼ 20.5% |
| Taxes, remuneration and social security45 | €315k | €346k | €825k | €1.21M | €1.18M | ▼ 2.7% |
| Taxes450/3 | €99k | €73k | €495k | €815k | €739k | ▼ 9.3% |
| Remuneration and social security454/9 | €216k | €273k | €330k | €395k | €438k | ▲ 11.1% |
| Other amounts payable47/48 | €2k | €2.00M | €2.50M | - | €1.00M | - |
| Accrued charges and deferred income492/3 | €59k | €129k | €273k | €250k | €157k | ▼ 37.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.95M | €5.25M | €6.31M | €5.79M | €7.56M | ▲ 30.5% |
| + Depreciation and write-downs630 | €621k | €577k | €645k | €785k | €928k | ▲ 18.3% |
| Operating cash flow (approximation) | €3.57M | €5.83M | €6.95M | €6.58M | €8.49M | ▲ 29.1% |
| Investment in fixed assets (approximation) | - | €-1.06M | €-1.57M | €-1.77M | €-742k | ▲ 58.2% |
| Change in cash | - | €3.81M | €-5.23M | €6.37M | €-3.98M | ▼ 162% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
State Gazette act
Capital & shares · RestructuringDemerger · Accounting effect · Net-asset statement8 facts ▸
State Gazette act
Capital & shares · Restructuring
Demerger · Accounting effect · Net-asset statement8 facts ▸
- General meeting, 30/06/2026
- Demerger, 500 aandelen in de Partieel gesplitste vennootschap voor tweehonderddrieënzestig (263) aandelen in de Verkrijgende vennootschap, 263
- Accounting effect, 01/01/2026
- Net-asset statement, 31/12/2025
- Capital decrease, €-15.000
- Capital, €735.000
- Statutes amendment
- Power of attorney, bestuursorgaan
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €7.56M ▲30.5%
Operating result €10.72M, net result €7.56M, both a record.
29-12
State Gazette act
Resignations: Luc Demaerel, MERULA and 2 othersAppointment: O.T.C. HOLDING (sole director) · Permanent representative: Manuel Demaerel · Permanent representative resignation13 facts ▸
State Gazette act
Resignations: Luc Demaerel, MERULA and 2 others
Appointment: O.T.C. HOLDING (sole director) · Permanent representative: Manuel Demaerel · Permanent representative resignation13 facts ▸
- General meeting, 28-11-2025
- Director resignation, Luc Demaerel (director)
- Director resignation, MERULA (director)
- Director resignation, M Bird (director)
- Director resignation, Blackbird Management (director)
- Director appointment, O.T.C. HOLDING (sole director)
- Board meeting, 27-11-2025
- Permanent representative, Manuel Demaerel
- Board meeting, 28-11-2025
- Director resignation, MERULA (day-to-day manager)
- Permanent representative resignation, uitoefening van haar bestuursmandaat in de NV ODC, 01-01-2026
- Permanent representative resignation, uitoefening van haar bestuursmandaat in de NV ODC, 01-01-2026
- +1 further facts in this act
08-08
State Gazette act
Reappointment: Callens, Vandelanotte & Theunissen (statutory auditor)Permanent representative: Philip Callens3 facts ▸
State Gazette act
Reappointment: Callens, Vandelanotte & Theunissen (statutory auditor)
Permanent representative: Philip Callens3 facts ▸
- General meeting, 13-06-2025
- Auditor reappointment, Callens, Vandelanotte & Theunissen
- Permanent representative, Philip Callens
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
25-03
State Gazette act
Appointment: MERULA (day-to-day manager)Permanent representative: Eric Demaerel3 facts ▸
State Gazette act
Appointment: MERULA (day-to-day manager)
Permanent representative: Eric Demaerel3 facts ▸
- Board meeting, 19-02-2025
- Director appointment, MERULA (day-to-day manager)
- Permanent representative, Eric Demaerel
25-03
State Gazette act
Appointment: BLACKBIRD MANAGEMENT (director)Permanent representative: Micheline Demaerel3 facts ▸
State Gazette act
Appointment: BLACKBIRD MANAGEMENT (director)
Permanent representative: Micheline Demaerel3 facts ▸
- General meeting, 26-02-2025
- Director appointment, BLACKBIRD MANAGEMENT (director)
- Permanent representative, Micheline Demaerel
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
20-06
State Gazette act
Appointment: M BIRD (bijkomende bestuurder)Permanent representative: Manuel Demaerel3 facts ▸
State Gazette act
Appointment: M BIRD (bijkomende bestuurder)
Permanent representative: Manuel Demaerel3 facts ▸
- General meeting, 26-04-2024
- Director appointment, M BIRD (bijkomende bestuurder)
- Permanent representative, Manuel Demaerel
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
19-06
State Gazette act
Appointments: DEMAEREL Luc (director) and MERULA (director)Permanent representative: DEMAEREL Eric · Statutes amendment · Capital9 facts ▸
State Gazette act
Appointments: DEMAEREL Luc (director) and MERULA (director)
Permanent representative: DEMAEREL Eric · Statutes amendment · Capital9 facts ▸
- General meeting, 12-05-2023
- Statutes amendment
- Statutes amendment
- Capital, €750.000
- Director appointment, DEMAEREL Luc (director)
- Director appointment, MERULA (director)
- Permanent representative, DEMAEREL Eric
- Mandate compensation, DEMAEREL Luc
- Mandate compensation, MERULA
Show earlier events
24-05
State Gazette act
Resignations: M BIRD, Manuel Demaerel and 4 othersAppointment: Eric Demaerel (permanent representative)11 facts ▸
State Gazette act
Resignations: M BIRD, Manuel Demaerel and 4 others
Appointment: Eric Demaerel (permanent representative)11 facts ▸
- General meeting, 14-04-2023
- Director resignation, M BIRD (director)
- Director resignation, Manuel Demaerel (permanent representative)
- Director resignation, O.T.C. HOLDING (director)
- Director resignation, Eric Demaerel (permanent representative)
- Director resignation, Marc Demaerel (director)
- Director resignation, Micheline Demaerel (permanent representative)
- Director appointment, Eric Demaerel (permanent representative)
- Board meeting, 14-04-2023
- Director resignation, O.T.C. HOLDING (managing director)
- Director resignation, Eric Demaerel (permanent representative)
06-04
State Gazette act
Reappointments: O.T.C. HOLDING, MERULA and 4 othersPermanent representatives: Eric Demaerel, Micheline Demaerel and Manuel Demaerel12 facts ▸
State Gazette act
Reappointments: O.T.C. HOLDING, MERULA and 4 others
Permanent representatives: Eric Demaerel, Micheline Demaerel and Manuel Demaerel12 facts ▸
- General meeting, 02-06-2022
- Director reappointment, O.T.C. HOLDING (director)
- Permanent representative, Eric Demaerel
- Director reappointment, MERULA (director)
- Permanent representative, Micheline Demaerel
- Director reappointment, M Bird (director)
- Permanent representative, Manuel Demaerel
- Director reappointment, Marc Demaerel (director)
- Director reappointment, Luc Demaerel (director)
- Auditor reappointment, Callens, Pirenne, Theunissen en CP Bedrijfsrevisoren
- Board meeting, 02-06-2022
- Director reappointment, O.T.C. HOLDING (managing director)
2022
31-12
Financial
Equity above €25MEq €28.09M ▲13.1%
2 profitable years in a row build equity to €28.09M.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €2.95M
Net result €2.95M after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-918k
Net result drops to €-918k, the lowest in the series; recovery starts the following year.
26-11
State Gazette act
Permanent representatives: Eric Demaerel and Micheline DemaerelAppointment: M Bird (director)6 facts ▸
State Gazette act
Permanent representatives: Eric Demaerel and Micheline Demaerel
Appointment: M Bird (director)6 facts ▸
- Board meeting, 01-01-2020
- Permanent representative, Eric Demaerel
- Board meeting, 28-10-2020
- Permanent representative, Micheline Demaerel
- General meeting, 28-10-2020
- Director appointment, M Bird (director)
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
22-07
State Gazette act
Reappointment: Callens, Pirenne & Co cvba (statutory auditor)2 facts ▸
State Gazette act
Reappointment: Callens, Pirenne & Co cvba (statutory auditor)
2 facts ▸
- General meeting, 28-06-2019
- Auditor reappointment, Callens, Pirenne & Co cvba
19-02
State Gazette act
Permanent representatives: Manue Demaerel and Eric Demaerel3 facts ▸
State Gazette act
Permanent representatives: Manue Demaerel and Eric Demaerel
3 facts ▸
- Board meeting, 23-12-2019
- Permanent representative, Manue Demaerel
- Permanent representative, Eric Demaerel
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
11-06
State Gazette act
Resignation: Marc Leemans (director)2 facts ▸
State Gazette act
Resignation: Marc Leemans (director)
2 facts ▸
- General meeting, 22-05-2019
- Director resignation, Marc Leemans (director)
14-05
State Gazette act
Resignation: Cogirex BVBA (director)Power of attorney3 facts ▸
State Gazette act
Resignation: Cogirex BVBA (director)
Power of attorney3 facts ▸
- General meeting, 30-04-2019
- Director resignation, Cogirex BVBA (director)
- Power of attorney, Cogirex BVBA
2018
24-07
State Gazette act
Resignation: Eric Demaerel (director)Appointment: MERULA (director) · Permanent representatives: Eric Demaerel, DEMACO MANAGEMENT and Pascal Delmotte · Reappointments: Luc Demaerel, Marc Demaerel and 3 others14 facts ▸
State Gazette act
Resignation: Eric Demaerel (director)
Appointment: MERULA (director) · Permanent representatives: Eric Demaerel, DEMACO MANAGEMENT and Pascal Delmotte · Reappointments: Luc Demaerel, Marc Demaerel and 3 others14 facts ▸
- General meeting, 02-05-2018
- Director resignation, Eric Demaerel (director)
- Director appointment, MERULA (director)
- Permanent representative, Eric Demaerel
- Director reappointment, Luc Demaerel (director)
- Director reappointment, Marc Demaerel (director)
- Director reappointment, Marc Leemans (director)
- Director reappointment, O.T.C. HOLDING (director)
- Permanent representative, DEMACO MANAGEMENT
- Permanent representative, Eric Demaerel
- Director reappointment, COGIREX (director)
- Permanent representative, Pascal Delmotte
- +2 further facts in this act
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-12
State Gazette act
Resignation: Peter Demaerel (director)2 facts ▸
State Gazette act
Resignation: Peter Demaerel (director)
2 facts ▸
- General meeting, 11-09-2017
- Director resignation, Peter Demaerel (director)
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
02-03
State Gazette act
Reappointment: Callens, Pirerne & Co Bedrijfsrevisoren CV (statutory auditor)Approval · Director discharge5 facts ▸
State Gazette act
Reappointment: Callens, Pirerne & Co Bedrijfsrevisoren CV (statutory auditor)
Approval · Director discharge5 facts ▸
- General meeting, 15-07-2016
- Approval, 31-12-2015
- Director discharge, OVERSEAS TRADING COMPANY
- Auditor reappointment, Callens, Pirerne & Co Bedrijfsrevisoren CV
- Approval, 31-12-2015
2014
13-05
State Gazette act
Appointments: Marc Leemans (director) and Cogirex (director)Permanent representative: Pascal Delmotte4 facts ▸
State Gazette act
Appointments: Marc Leemans (director) and Cogirex (director)
Permanent representative: Pascal Delmotte4 facts ▸
- General meeting, 01-04-2014
- Director appointment, Marc Leemans (director)
- Director appointment, Cogirex (director)
- Permanent representative, Pascal Delmotte
2013
28-10
State Gazette act
Statutes amendmentName change · Power of attorney4 facts ▸
State Gazette act
Statutes amendment
Name change · Power of attorney4 facts ▸
- General meeting, 15-10-2013
- Name change, OVERSEAS DISTRIBUTION COMPANY, afgekort ODC
- Statutes amendment
- Power of attorney, VAN DE PERCK ACCOUNTANCY
12-09
State Gazette act
Reappointment: Bedrijfsrevisoren Callens, Pirenne & Co (statutory auditor)2 facts ▸
State Gazette act
Reappointment: Bedrijfsrevisoren Callens, Pirenne & Co (statutory auditor)
2 facts ▸
- General meeting, 18-07-2013
- Auditor reappointment, Bedrijfsrevisoren Callens, Pirenne & Co
2012
18-05
State Gazette act
Reappointments: DEMAEREL Eric María Alfons Charles, DEMAEREL Luc Hélène Charles and 3 othersPermanent representative: DEMAEREL Eric María Alfons Charles · Purpose change · Power of attorney11 facts ▸
State Gazette act
Reappointments: DEMAEREL Eric María Alfons Charles, DEMAEREL Luc Hélène Charles and 3 others
Permanent representative: DEMAEREL Eric María Alfons Charles · Purpose change · Power of attorney11 facts ▸
- General meeting, 29-03-2012
- Purpose change, De vennootschap heeft tot doel de levering van scheepsproviand en scheepsbenodigdheden alsook de aankoop, de verkoop, de export, de import, de doorvoer, de vert…
- Director reappointment, DEMAEREL Eric María Alfons Charles (director)
- Director reappointment, DEMAEREL Luc Hélène Charles (director)
- Director reappointment, DEMAEREL Peter Charles Madeleine (director)
- Director reappointment, DEMAEREL Marc Anicet Raymond (director)
- Director reappointment, O.T.C. HOLDING (director)
- Permanent representative, DEMAEREL Eric María Alfons Charles
- Board meeting, 29-03-2012
- Director reappointment, O.T.C. HOLDING (managing director)
- Power of attorney, VAN DE PERCK ACCOUNTANCY
2010
12-11
State Gazette act
Appointment: Bedrijfsrevisoren Callens, Pirenne & C° (statutory auditor)2 facts ▸
State Gazette act
Appointment: Bedrijfsrevisoren Callens, Pirenne & C° (statutory auditor)
2 facts ▸
- General meeting, 01-09-2010
- Auditor appointment, Bedrijfsrevisoren Callens, Pirenne & C° (statutory auditor)
2007
22-01
State Gazette act
Reappointments: Luc Demaerel, Marc Demaerel and O.T.C. Holding nvAppointment: O.T.C. Holding nv (gedelegeerd bestuurder) · Permanent representative: Eric Demaerel6 facts ▸
State Gazette act
Reappointments: Luc Demaerel, Marc Demaerel and O.T.C. Holding nv
Appointment: O.T.C. Holding nv (gedelegeerd bestuurder) · Permanent representative: Eric Demaerel6 facts ▸
- General meeting, 06-06-2002
- Director reappointment, Luc Demaerel (director)
- Director reappointment, Marc Demaerel (director)
- Director reappointment, O.T.C. Holding nv (director)
- Director appointment, O.T.C. Holding nv (gedelegeerd bestuurder)
- Permanent representative, Eric Demaerel
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
23 of 24 acts read
About the unread acts
Of the 24 Belgian State Gazette acts we know for this company, 23 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 directors, last change in 2026
O.T.C. HOLDING
CurrentSole director · since 01-01-2026 · Public limited company · perm. rep.: Manuel Demaerel
MERULA
CurrentDirector · since 12-05-2023 · Legal entity · perm. rep.: DEMAEREL Eric
Cogirex
Not recently confirmedDirector · since 21-04-2014 · Legal entity · perm. rep.: Pascal Delmotte
O.T.C. HOLDING
Not recently confirmedDirector · since 02-05-2018 · Legal entity
NV O.T.C. HOLDING
Not recently confirmedGedelegeerd bestuurder · since 06-06-2002 · Legal entity · perm. rep.: Eric Demaerel
01-01-2026
O.T.C. HOLDING: Appointed as Sole director
01-01-2026
Blackbird Management: Resigned as Director
01-01-2026
DEMAEREL Luc Hélène Charles: Resigned as Director
01-01-2026
M Bird: Resigned as Director
01-01-2026
MERULA: Resigned as Director
Not every act has been read: a resignation may be missing here
1 of this company's 24 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 1982
Ground area
1.1 ha
Building footprint
4,124 m²
Parcel 11807G1446/00W000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Mexicostraat 3, 2030 Antwerpen
since 19822.021.220.177
Merantistraat 1, 2030 Antwerpen
since 20172.318.724.919
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1446/00W000 | Flanders | 1.1 ha | 1 · 4,124 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Callens, Vandelanotte & TheunissenCurrent Auditor · represented by Philip Callens | 02-06-2022 → present |
Show 2 earlier auditors
| Callens, Pirenne & Co cvba Auditor succeeded by Callens, Pirerne & Co Bedrijfsrevisoren CV in 2016 | 01-09-2010 → 15-07-2016 |
| Callens, Pirerne & Co Bedrijfsrevisoren CV Auditor succeeded by Callens, Vandelanotte & Theunissen in 2022 | 15-07-2016 → 02-06-2022 |
Articles of association
Purpose
Levering van scheepsproviand en scheepsbenodigdheden; aankoop, verkoop, export, import, doorvoer, vertegenwoordiging, agentuur van voedingswaren, dranken, sigaretten…
Full purpose
Levering van scheepsproviand en scheepsbenodigdheden; aankoop, verkoop, export, import, doorvoer, vertegenwoordiging, agentuur van voedingswaren, dranken, sigaretten, verbruiksgoederen en industriële goederen; douane-expediteur; aan- en verkoop van vervoermiddelen.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Acquisitions and mergers
1 transactionSplit off to:OVERSEAS DISTRIBUTION COMPANY OPERATIONS
Capital and shareholders
Capital over the years
- 05-08-2026 Capital reduction of 15,000 EUR · to 735,000 EUR · “vermindering van de fractiewaarde van de bestaande aandelen”
- 19-06-2023 Capital stated in the act · 750,000 EUR · 500 shares
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 485,000 EUR awarded · 485,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 485,000 EUR | 485,000 EUR |
Schemes
Globalisatiemechanisme (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAntwerpen2.021.220.177
Antwerpen2.318.724.919
Legal Entity Identifier
875500HUS8LSYZOEXJ74
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Of 697 companies in sector 46392 we hold annual accounts for 483. 55 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-10-1982
Fiscal year end31-12
Abbreviation NL
ODC
Activities, NACEBEL 2025
46392Non-specialised wholesale
46499Wholesale of other household goods
46360Wholesale trade
46711Wholesale of cars and light vans (up to 3.5 tonnes)
46349Wholesale of beverages, general range
46350Wholesale trade
52250Logistics services
Contact
E-mail
overseas@overseas.beAntwerpen
Phone
+32(0)3 545 95 5Antwerpen
Fax
+32(0)3 542 17 7Antwerpen
Scores and ratios are computed by Checked and are not a credit decision.