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O LIBAN GROUP

Active
Private limited company (pre-2019)founded 20197 yrs activeWaterloose Steenweg 663, 1050 Elsene, BelgiumKBO/BCE: BE 0724.877.634
Summary

The computed 12-month bankruptcy probability of O LIBAN GROUP is 14.7% (high). The 2025 annual accounts show negative equity (-€1.1m) and a net result of -€296,219. Equity is shrinking by ~53.3% per year across the filed fiscal years. Its solvency ranks better than 13% of 13874 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
14.7% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 1.9 in 2024; short-term debt: 37.7% and cash: 2.4% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-59.1%
Return on assets
-15.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€1.1m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 6 filings
Deviation from the deadline
2025
28 d late
2024
on the day
2023
58 d late
2022
3 d early
2021
31 d late
2020
111 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

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. Usually files around 28 August (5 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 12 April 2019, O LIBAN GROUP was incorporated.1 Total assets went from EUR 140,445 in 2020 to EUR 1.9 million in 2025 and headcount from 1.9 full-time equivalents in 2021 to 14.3 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020, 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€1.1m▼ 38.0%
2024 · -€816,665
Total assets
€1.9m▲ 1.3%
2024 · €1.9m
Net result
-€296,219▲ 6.6%
2024 · -€317,282
Working capital
-€81,864
2024 · €369,364
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€176,187▼ 48.9%-€37,639▲ 78.6%-€302,992▼ 705%-€320,762▼ 5.9%-€297,313▲ 7.3%
Net result-€160,324below the sector's middle half▼ 33.0%-€45,663below the sector's middle half▲ 71.5%-€296,926below the sector's middle half▼ 550%-€317,282below the sector's middle half▼ 6.9%-€296,219below the sector's middle half▲ 6.6%
Equity-€274,708below the sector's middle half▼ 140%-€268,934below the sector's middle half▲ 2.1%-€484,966below the sector's middle half▼ 80.3%-€816,665below the sector's middle half▼ 68.4%-€1.1mbelow the sector's middle half▼ 38.0%
Total assets€473,086above the sector's middle half▲ 237%€1.1mabove the sector's middle half▲ 143%€1.5mabove the sector's middle half▲ 32.8%€1.9mabove the sector's middle half▲ 23.4%€1.9mabove the sector's middle half▲ 1.3%
Debt€747,794▲ 193%€1.4m▲ 89.6%€2.0m▲ 41.8%€2.7m▲ 34.3%€3.0m▲ 12.4%
Working capital-€580,227below the sector's middle half▼ 200%-€1.0mbelow the sector's middle half▼ 78.9%€165,377above the sector's middle half€369,364above the sector's middle half▲ 123%-€81,864below the sector's middle half
Solvency-58.1%below the sector's middle half▲ 23.4pp-23.4%below the sector's middle half▲ 34.7pp-31.8%below the sector's middle half▼ 8.4pp-43.4%below the sector's middle half▼ 11.6pp-59.1%below the sector's middle half▼ 15.7pp
Current ratio0.09below the sector's middle half▼ 0.160.22below the sector's middle half▲ 0.131.57within the sector's middle half▲ 1.361.90within the sector's middle half▲ 0.320.89within the sector's middle half▼ 1.01
Return on assets (ROA)-33.9%below the sector's middle half▲ 52.0pp-4.0%within the sector's middle half▲ 29.9pp-19.5%below the sector's middle half▼ 15.5pp-16.9%below the sector's middle half▲ 2.6pp-15.5%below the sector's middle half▲ 1.3pp
Staff (FTE)1.92.3▲ 21.1%5.3▲ 130%12.8▲ 142%14.3▲ 11.7%
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€400,000-€300,000-€200,000-€100,000€0Operating result 2021: -€176,187-€176,187Net result 2021: -€160,324-€160,324Operating result 2022: -€37,639-€37,639Net result 2022: -€45,663-€45,663Operating result 2023: -€302,992-€302,992Net result 2023: -€296,926-€296,926Operating result 2024: -€320,762-€320,762Net result 2024: -€317,282-€317,282Operating result 2025: -€297,313-€297,313Net result 2025: -€296,219-€296,21920212022202320242025-€400,000-€300,000-€200,000-€100,000€0Operating result 2023: -€302,992-€303,000Net result 2023: -€296,926-€297,000Operating result 2024: -€320,762-€321,000Net result 2024: -€317,282-€317,000Operating result 2025: -€297,313-€297,000Net result 2025: -€296,219-€296,000202320242025
The operating result stays negative: a loss of €297,313 in 2025 against €320,762 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets €1.3m ▲ 15.3%
Current assets €636,095 ▼ 18.5%
Equity and liabilities
Equity-€1.1m
Debt€3.0m
Equity is negative: debt (€3.0m) exceeds the balance-sheet total (€1.9m).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€113,954▲
2024 · -€154,383
Cash flow
-€112,860▲
2024 · -€150,903
Quick ratio
0.85▼
2024 · 1.81
Interest coverage
-7.12▲
2024 · -12.44
Debt ≤ 1 year
€717,959▲
2024 · €410,875
Debt > 1 year
€2.3m▲
2024 · €2.3m
Staff costs
€293,166▲
2024 · €217,026
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 562 companies that looked in July 2024 the way this one looks now, 7.1% went bankrupt within 24 months and 87% are still going.

  • Small
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.1% went bankrupt
4.8% stopped otherwise
87% still going

A further 1.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 14.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 562 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.9m€1.9m▲
Fixed assets21/28€1.1m€1.3m▲
Intangible fixed assets21€3,133-
Tangible fixed assets22/27€1.1m€1.2m▲
Plant, machinery and equipment23€7,550€5,252▼
Furniture and vehicles24€115,588€82,509▼
Leasing and similar rights25€106,054€89,086▼
Other tangible fixed assets26€831,802€1.1m▲
Financial fixed assets28€37,605€37,605=
Current assets29/58€780,239€636,095▼
Amounts receivable after more than one year29€182,200€264,700▲
Other amounts receivable291€182,200€264,700▲
Stocks and contracts in progress3€36,118€28,702▼
Stocks30/36€36,118€28,702▼
Amounts receivable within one year40/41€508,107€294,782▼
Trade receivables40€230,083€225,239▼
Other amounts receivable41€278,024€69,542▼
Cash at bank and in hand54/58€52,613€45,770▼
Deferred charges and accrued income490/1€1,201€2,141▲
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.9m▲
Equity10/15-€816,665-€1.1m▼
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€940,779-€1.2m▼
Investment grants15€117,914€103,498▼
Amounts payable17/49€2.7m€3.0m▲
Amounts payable after more than one year17€2.3m€2.3m▲
Financial debts170/4€34,950€116,884▲
Other amounts payable178/9€2.3m€2.2m▼
Amounts payable within one year42/48€410,875€717,959▲
Current portion of amounts payable after more than one year42€23,230€51,060▲
Trade debts44€327,757€627,529▲
Suppliers440/4€327,757€627,529▲
Taxes, remuneration and social security45€47,699€39,370▼
Taxes450/3€12,490-
Remuneration and social security454/9€35,209€39,370▲
Other amounts payable47/48€12,189-
Income statement Code20242025
Remuneration, social security and pensions62€217,026€293,166▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€166,379€183,359▲
Other operating charges640/8€4,419€1,393▼
Gross operating margin9900€67,062€180,605▲
Operating profit (loss)9901-€320,762-€297,313▲
Financial income75/76B€15,892€17,099▲
Recurring financial income75€15,892€17,099▲
Financial charges65/66B€12,413€16,004▲
Recurring financial charges65€12,413€16,004▲
Profit (loss) for the period before taxes9903-€317,282-€296,219▲
Profit (loss) for the period9904-€317,282-€296,219▲
Profit (loss) for the period to be appropriated9905-€317,282-€296,219▲
Appropriation of the result
Profit (loss) to be appropriated9906-€940,779-€1.2m▼
Profit (loss) brought forward from the previous period14P-€623,497-€940,779▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€21,869€44,848€96,334€217,026€293,166▲ 35.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59,040€62,319€134,257€166,379€183,359▲ 10.2%
Other operating charges640/8€1,024€1,216€420€4,419€1,393▼ 68.5%
Gross operating margin9900-€94,254€70,743-€71,981€67,062€180,605▲ 169%
Operating profit (loss)9901-€176,187-€37,639-€302,992-€320,762-€297,313▲ 7.3%
Financial income75/76B€24,121€6,098€6,886€15,892€17,099▲ 7.6%
Recurring financial income75€24,121€6,098€6,886€15,892€17,099▲ 7.6%
Financial charges65/66B€8,258€14,122€819€12,413€16,004▲ 28.9%
Recurring financial charges65€8,258€14,122€819€12,413€16,004▲ 28.9%
Profit (loss) for the period before taxes9903-€160,324-€45,663-€296,926-€317,282-€296,219▲ 6.6%
Profit (loss) for the period9904-€160,324-€45,663-€296,926-€317,282-€296,219▲ 6.6%
Profit (loss) for the period to be appropriated9905-€160,324-€45,663-€296,926-€317,282-€296,219▲ 6.6%
Line20212022202320242025Change
Assets
Total assets20/58€473,086€1.1m€1.5m€1.9m€1.9m▲ 1.3%
Fixed assets21/28€418,725€857,309€1.1m€1.1m€1.3m▲ 15.3%
Intangible fixed assets21€14,683€11,533€7,333€3,133--
Tangible fixed assets22/27€366,437€808,172€1.0m€1.1m€1.2m▲ 16.2%
Plant, machinery and equipment23-€4,203€7,716€7,550€5,252▼ 30.4%
Furniture and vehicles24€93,206€103,591€128,615€115,588€82,509▼ 28.6%
Leasing and similar rights25€152,718€139,992€123,023€106,054€89,086▼ 16.0%
Other tangible fixed assets26€120,512€560,386€767,546€831,802€1.1m▲ 26.9%
Financial fixed assets28€37,605€37,605€37,605€37,605€37,605=
Current assets29/58€54,361€291,218€453,232€780,239€636,095▼ 18.5%
Amounts receivable after more than one year29-€63,750€63,750€182,200€264,700▲ 45.3%
Other amounts receivable291-€63,750€63,750€182,200€264,700▲ 45.3%
Stocks and contracts in progress3€12,729€3,610€38,297€36,118€28,702▼ 20.5%
Stocks30/36€12,729€3,610€38,297€36,118€28,702▼ 20.5%
Amounts receivable within one year40/41€10,517€184,265€294,309€508,107€294,782▼ 42.0%
Trade receivables40€4,725€129,847€106,975€230,083€225,239▼ 2.1%
Other amounts receivable41€5,792€54,418€187,334€278,024€69,542▼ 75.0%
Cash at bank and in hand54/58€31,115€27,329€56,548€52,613€45,770▼ 13.0%
Deferred charges and accrued income490/1-€12,264€328€1,201€2,141▲ 78.3%
Equity and liabilities
Total equity and liabilities10/49€473,086€1.1m€1.5m€1.9m€1.9m▲ 1.3%
Equity10/15-€274,708-€268,934-€484,966-€816,665-€1.1m▼ 38.0%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€280,908-€326,571-€623,497-€940,779-€1.2m▼ 31.5%
Investment grants15-€51,437€132,331€117,914€103,498▼ 12.2%
Amounts payable17/49€747,794€1.4m€2.0m€2.7m€3.0m▲ 12.4%
Amounts payable after more than one year17€113,205€88,289€1.7m€2.3m€2.3m▲ 1.2%
Financial debts170/4€113,205€88,289€58,180€34,950€116,884▲ 234%
Other amounts payable178/9--€1.7m€2.3m€2.2m▼ 2.4%
Amounts payable within one year42/48€634,589€1.3m€287,856€410,875€717,959▲ 74.7%
Current portion of amounts payable after more than one year42€54,828€28,485€30,108€23,230€51,060▲ 120%
Financial debts43--€59---
Credit institutions430/8--€59---
Trade debts44€309,952€1.0m€216,867€327,757€627,529▲ 91.5%
Suppliers440/4€309,952€1.0m€216,867€327,757€627,529▲ 91.5%
Taxes, remuneration and social security45€3,706€2,254€29,838€47,699€39,370▼ 17.5%
Taxes450/3--€12,823€12,490--
Remuneration and social security454/9€3,706€2,254€17,015€35,209€39,370▲ 11.8%
Other amounts payable47/48€266,103€263,960€10,983€12,189--
Line20212022202320242025Change
Profit (loss) for the period9904-€160,324-€45,663-€296,926-€317,282-€296,219▲ 6.6%
+ Depreciation and write-downs630€59,040€62,319€134,257€166,379€183,359▲ 10.2%
Operating cash flow (approximation)-€101,284€16,655-€162,669-€150,903-€112,860▲ 25.2%
Investment in fixed assets (approximation)--€500,903-€348,785-€196,274-€351,708▼ 79.2%
Change in cash--€3,786€29,219-€3,934-€6,844▼ 74.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€317,282
Net result drops to -€317,282, the lowest in the series; recovery starts the following year.
27-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial Liquidity times 7current ratio 1.57
Current ratio from 0.22 to 1.57; short-term debt falls from €1.3m to €287,856.
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
19-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 111 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 4 establishment units since 2019
seat establishment All 4 establishment units on the map
Ground area
814 m²
Building footprint
528 m²
Volume, LiDAR
7,574 m³
4 parcels, Brussels · tallest building 28.9 m, ±7 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
4 establishment units
O LIBAN GROUP
Louizalaan 187, 1050 ElseneLimited-service restaurants
since 20192.289.158.824
OLIBAN
Waterloosesteenweg 1359h, 1180 UkkelLimited-service restaurants
since 20202.304.896.380
OLIBAN
Waterloose Steenweg 663, 1050 ElseneLimited-service restaurants
since 20202.304.896.281
Dumonplein 7, 1150 Sint-Pieters-Woluwe
Limited-service restaurants
since 20212.319.492.803
4 parcels
Brussels 4 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0115/00Z005 Brussels 246 m² 1 · 182 m² 28.9 m · 7 fl.
21447B0345/00G000 Brussels 214 m² 1 · 84 m² 19.5 m · 6 fl.
21683D0236/00E003 Brussels 180 m² 1 · 182 m² 11.6 m · 3 fl.
21614H0005/00N017 Brussels 175 m² 1 · 80 m² 16.7 m · 5 fl.
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

4 sites
Elsene2.289.158.824
2 permissions
Toelating · Eetgelegenheid · since 27-05-2019
Toelating · Traiteur · since 27-05-2019
Elsene2.304.896.281
1 permission
Toelating · Eetgelegenheid · since 30-07-2020
Sint-Pieters-Woluwe2.319.492.803
1 permission
Toelating · Detailhandel met verwerking · since 07-02-2022
Ukkel2.304.896.380
1 permission
Toelating · Eetgelegenheid · since 22-04-2021

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,835 companies in this sector we hold annual accounts for 9,786. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded12-04-2019
Fiscal year end31-12
Abbreviation FR O.L.G.
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID 0208:0724877634
Also 9925:BE0724877634
Registered 19-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.