IMMO OLAERTS
ActiveIMMO OLAERTS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.63M and a net result of €304k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 925 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 17.97 against 7.82 in 2024; short-term debt: 2.6% and cash: 40.3% of total assets), and 7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
93%
Return on assets
5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
30 d late
2019
89 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€304k▼ 30.3%
2024 · €436k
2018: €295k
2019: €254k
2020: €197k
2021: €82k
2022: €426k
2023: €294k
2024: €436k
2018 → 2025
Working capital
€2.68M▲ 15.7%
2024 · €2.32M
2018: €618k
2019: €929k
2020: €1.25M
2021: €1.11M
2022: €1.45M
2023: €1.82M
2024: €2.32M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.17M-€4.59M▲ 10.2%€4.89M▲ 6.4%€5.32M▲ 8.9%€5.63M▲ 5.7%
Operating result€215k-€625k▲ 191%€429k▼ 31.5%€581k▲ 35.7%€415k▼ 28.6%
Net result€82k-€426k▲ 422%€294k▼ 31.0%€436k▲ 48.4%€304k▼ 30.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.05M
Fixed assets
€3.21M▼ 3.7%
Current assets
€2.84M▲ 6.9%
Equity and liabilities €6.05M
Equity
€5.63M▲ 5.7%
Provisions
€39k▼ 23.9%
Debt
€385k▼ 37.7%
The debt ratio falls from 10.3% to 6.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€541k▼
2024 · €707k
Cash flow
€429k▼
2024 · €562k
Solvency
93.0%▲
2024 · 88.8%
Current ratio
17.97▲
2024 · 7.82
Quick ratio
17.97▲
2024 · 7.82
Debt / equity
0.07▼
2024 · 0.12
ROE
5.4%▼
2024 · 8.2%
ROA
5.0%▼
2024 · 7.3%
Interest coverage
39.26▲
2024 · 36.11
Debt
€385k▼
2024 · €618k
Debt ≤ 1 year
€158k▼
2024 · €340k
Debt > 1 year
€200k▼
2024 · €246k
Income taxes
€111k▼
2024 · €139k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.99M€6.05M▲
Fixed assets21/28€3.33M€3.21M▼
Tangible fixed assets22/27€3.33M€3.21M▼
Land and buildings22€3.33M€3.21M▼
Current assets29/58€2.66M€2.84M▲
Amounts receivable within one year40/41€200k€400k▲
Trade receivables40€450-
Other amounts receivable41€200k€400k▲
Cash at bank and in hand54/58€2.40M€2.44M▲
Deferred charges and accrued income490/1€57k€5k▼
Equity and liabilities
Total equity and liabilities10/49€5.99M€6.05M▲
Equity10/15€5.32M€5.63M▲
Contributions10/11€1.44M€1.44M=
Capital10€1.44M€1.44M=
Issued capital100€1.44M€1.44M=
Reserves13€3.89M€4.19M▲
Non-distributable reserves130/1€82k€99k▲
Legal reserve130€82k€99k▲
Tax-exempt reserves132€154k€287k▲
Distributable reserves133€3.65M€3.81M▲
Provisions and deferred taxes16€51k€39k▼
Deferred taxes168€51k€39k▼
Amounts payable17/49€618k€385k▼
Amounts payable after more than one year17€246k€200k▼
Financial debts170/4€238k€192k▼
Other amounts payable178/9€8k€8k=
Amounts payable within one year42/48€340k€158k▼
Current portion of amounts payable after more than one year42€46k€46k=
Trade debts44€59k€15k▼
Suppliers440/4€59k€15k▼
Taxes, remuneration and social security45€52k-
Taxes450/3€52k-
Other amounts payable47/48€183k€97k▼
Accrued charges and deferred income492/3€32k€27k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€126k€126k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€708k€542k▼
Operating profit (loss)9901€581k€415k▼
Financial income75/76B€1k€755▼
Recurring financial income75€1k€755▼
Financial charges65/66B€20k€14k▼
Recurring financial charges65€20k€14k▼
Profit (loss) for the period before taxes9903€563k€402k▼
Transfer from deferred taxes780€12k€12k=
Income taxes67/77€139k€111k▼
Profit (loss) for the period9904€436k€304k▼
Transfer from tax-exempt reserves789€37k€37k=
Transfer to tax-exempt reserves689-€170k
Profit (loss) for the period to be appropriated9905€473k€171k▼
Appropriation of the result
Profit (loss) to be appropriated9906€473k€171k▼
Transfer from equity791/2€11k-
Transfer to equity691/2€483k€171k▼
To the legal reserve6920€24k€17k▼
To other reserves6921€460k€154k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 17.97
Current ratio from 7.82 to 17.97; short-term debt falls from €340k to €158k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €436k ▲48.4%
Net result €436k, the highest in the series.
31-12
Financial
Equity above €5MEq €5.32M ▲8.9%
7 profitable years in a row build equity to €5.32M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €82k ▼58.5%
Net result drops to €82k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 14.04
Current ratio from 6.36 to 14.04; short-term debt falls from €173k to €96k.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kempische steenweg 893500 HasseltGround area
1,458 m²
Building footprint
233 m²
Volume, LiDAR
1,535 m³
Parcel 71323C0228/00E000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMO OLAERTS NV
since 20002.041.301.454
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0228/00E000 | Flanders | 1,458 m² | 1 · 233 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 1,696 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-11-1988
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.