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O'LIVE

Open bankruptcy
Private limited company (pre-2019)founded 1995Livornostraat 154, 1050 Elsene, BelgiumKBO/BCE: BE 0456.208.024

A bankruptcy procedure is open for O'LIVE according to publications in the Belgian State Gazette; curator: SOPHIE VANHOMWEGEN.

Summary

The file additionally contains 1 judicial reorganisation. The 2023 annual accounts show negative equity (-€110,072) and a net result of -€71,789.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
20 January 2025
Supervising judge
Bertrand Veldekens
Official Gazette
27-01-2025 (pdf) ↗search the document for 2025/103175

Deadlines

Appeal or third-party opposition until
passed on 11 February 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 19 February 2025art. XX.104 and XX.155 CEL
First verification report
passed on 26 February 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 20 January 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
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

O'LIVE was incorporated on 16 October 1995.1 Total assets fell from EUR 93,947 in 2018 to EUR 46,929 in 2023 and headcount from 8.8 to 6.1 full-time equivalents.2 On 20 January 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 27-01-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Turnover
€0
EBIT margin
Not included in this filing
Net result
-€71,789
2022 · €7,203
Working capital
-€114,532▼ 168%
2022 · -€42,719
Trend over the years

Click a name to add, emphasise or remove a line.Band: 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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€0
Operating result-€48,750▼ 5.8%€186,135€34,964▼ 81.2%€10,318▼ 70.5%-€67,897
Net result-€74,142▼ 17.7%€190,280above the sector's middle half€31,106within the sector's middle half▼ 83.7%€7,203within the sector's middle half▼ 76.8%-€71,789below the sector's middle half
Equity-€266,872▼ 38.5%-€76,592below the sector's middle half▲ 71.3%-€45,486below the sector's middle half▲ 40.6%-€38,283below the sector's middle half▲ 15.8%-€110,072below the sector's middle half▼ 188%
Total assets€103,398▲ 10.1%€71,836within the sector's middle half▼ 30.5%€123,560within the sector's middle half▲ 72.0%€119,876within the sector's middle half▼ 3.0%€46,929within the sector's middle half▼ 60.9%
Debt€355,875▲ 24.1%€148,428▼ 58.3%€169,046▲ 13.9%€158,159▼ 6.4%€157,001▼ 0.7%
Working capital-€218,912▼ 35.4%-€82,041below the sector's middle half▲ 62.5%-€50,238below the sector's middle half▲ 38.8%-€42,719within the sector's middle half▲ 15.0%-€114,532below the sector's middle half▼ 168%
Solvency-258.1%▼ 53.0pp-106.6%below the sector's middle half▲ 151.5pp-36.8%below the sector's middle half▲ 69.8pp-31.9%below the sector's middle half▲ 4.9pp-234.5%below the sector's middle half▼ 202.6pp
Current ratio0.25=0.39below the sector's middle half▲ 0.130.68within the sector's middle half▲ 0.290.71within the sector's middle half▲ 0.030.23below the sector's middle half▼ 0.48
Return on assets (ROA)-71.7%▼ 4.7pp264.9%above the sector's middle half▲ 336.6pp25.2%above the sector's middle half▼ 239.7pp6.0%within the sector's middle half▼ 19.2pp-153.0%below the sector's middle half▼ 159.0pp
Staff (FTE)6.5▼ 26.1%5within the sector's middle half▼ 23.1%4.7within the sector's middle half▼ 6.0%7.4within the sector's middle half▲ 57.4%6.1▼ 17.6%
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.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2019: -€48,750-€48,750Net result 2019: -€74,142-€74,142Operating result 2020: €186,135€186,135Net result 2020: €190,280€190,280Operating result 2021: €34,964€34,964Net result 2021: €31,106€31,106Operating result 2022: €10,318€10,318Net result 2022: €7,203€7,203Operating result 2023: -€67,897-€67,897Net result 2023: -€71,789-€71,78920192020202120222023-€100,000-€50,000€0€50,000Operating result 2021: €34,964€35,000Net result 2021: €31,106€31,100Operating result 2022: €10,318€10,300Net result 2022: €7,203€7,200Operating result 2023: -€67,897-€67,900Net result 2023: -€71,789-€71,800202120222023
The operating result turns negative in 2023: a loss of €67,897 after €10,318 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €46,929
Fixed assets €11,872 ▼ 15.7%
Current assets €35,057 ▼ 66.9%
Key figures and ratios
2023 value · change against 2022
EBITDA
-€64,482▼
2022 · €13,459
Cash flow
-€68,373▼
2022 · €10,344
Quick ratio
0.22▼
2022 · 0.64
Debt to equity
-1.43▲
2022 · -4.13
Interest coverage
-17.19▼
2022 · 4.24
Debt ≤ 1 year
€149,589▲
2022 · €148,507
Debt > 1 year
€4,292▼
2022 · €6,532
Income taxes
€141▼
2022 · €860
Staff costs
€216,323▲
2022 · €183,308
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 60 lines
Balance sheet Code20222023
Assets
Total assets20/58€119,876€46,929▼
Fixed assets21/28€14,087€11,872▼
Tangible fixed assets22/27€13,459€11,244▼
Plant, machinery and equipment23€960€622▼
Furniture and vehicles24€6,564€6,170▼
Other tangible fixed assets26€5,936€4,452▼
Financial fixed assets28€628€628=
Current assets29/58€105,788€35,057▼
Amounts receivable after more than one year29€33,160€22,635▼
Other amounts receivable291€33,160€22,635▼
Stocks and contracts in progress3€10,663€2,500▼
Stocks30/36€10,663€2,500▼
Amounts receivable within one year40/41€18,025€9,732▼
Trade receivables40€10,025€9,732▼
Other amounts receivable41€8,000-
Cash at bank and in hand54/58€42,146€190▼
Deferred charges and accrued income490/1€1,795-
Equity and liabilities
Total equity and liabilities10/49€119,876€46,929▼
Equity10/15-€38,283-€110,072▼
Contributions10/11€18,592€18,592=
Reserves13€263,371€263,371=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Tax-exempt reserves132€208,330€208,330=
Distributable reserves133€53,182€53,182=
Profit (loss) carried forward14-€320,246-€392,035▼
Amounts payable17/49€158,159€157,001▼
Amounts payable after more than one year17€6,532€4,292▼
Other amounts payable178/9€6,532€4,292▼
Amounts payable within one year42/48€148,507€149,589▲
Financial debts43-€3,575
Credit institutions430/8-€3,575
Trade debts44€63,442€71,253▲
Suppliers440/4€63,442€71,253▲
Taxes, remuneration and social security45€77,430€63,136▼
Taxes450/3€32,875€18,672▼
Remuneration and social security454/9€44,555€44,464▼
Other amounts payable47/48€7,635€11,625▲
Accrued charges and deferred income492/3€3,120€3,120=
Income statement Code20222023
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€0-
Remuneration, social security and pensions62€183,308€216,323▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,141€3,416▲
Other operating charges640/8€843€2,222▲
Gross operating margin9900€197,609€154,063▼
Operating profit (loss)9901€10,318-€67,897▼
Financial income75/76B€919€0▼
Recurring financial income75€919€0▼
Non-recurring financial income76B-€0
Financial charges65/66B€3,174€3,751▲
Recurring financial charges65€3,174€3,751▲
Profit (loss) for the period before taxes9903€8,063-€71,648▼
Income taxes67/77€860€141▼
Profit (loss) for the period9904€7,203-€71,789▼
Profit (loss) for the period to be appropriated9905€7,203-€71,789▼
Appropriation of the result
Profit (loss) to be appropriated9906-€313,043-€392,035▼
Profit (loss) brought forward from the previous period14P-€320,246-€320,246=
Transfer to equity691/2€7,203-
To other reserves6921€7,203-
Social balance
Average headcount (FTE)90877.4-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70---€0--
Goods, raw materials, services and sundry goods60/61---€0--
Remuneration, social security and pensions62--€112,860€183,308€216,323▲ 18.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,097€8,767€3,124€3,141€3,416▲ 8.7%
Other operating charges640/8--€623€843€2,222▲ 164%
Gross operating margin9900€225,679€285,581€151,571€197,609€154,063▼ 22.0%
Operating profit (loss)9901-€48,750€186,135€34,964€10,318-€67,897▼ 758%
Financial income75/76B--€876€919€0▼ 100.0%
Recurring financial income75€2,015€7,905€876€919€0▼ 100.0%
Non-recurring financial income76B----€0-
Financial charges65/66B--€929€3,174€3,751▲ 18.2%
Recurring financial charges65€27,281€3,644€929€3,174€3,751▲ 18.2%
Profit (loss) for the period before taxes9903-€74,017€190,396€34,911€8,063-€71,648▼ 989%
Income taxes67/77€125€116€3,805€860€141▼ 83.6%
Profit (loss) for the period9904-€74,142€190,280€31,106€7,203-€71,789▼ 1,097%
Profit (loss) for the period to be appropriated9905-€74,142-€18,050€31,106€7,203-€71,789▼ 1,097%
Line20192020202120222023Change
Assets
Total assets20/58€103,398€71,836€123,560€119,876€46,929▼ 60.9%
Fixed assets21/28€28,533€19,766€16,642€14,087€11,872▼ 15.7%
Tangible fixed assets22/27€27,904€19,138€16,014€13,459€11,244▼ 16.5%
Plant, machinery and equipment23--€1,298€960€622▼ 35.2%
Furniture and vehicles24--€7,297€6,564€6,170▼ 6.0%
Other tangible fixed assets26--€7,420€5,936€4,452▼ 25.0%
Financial fixed assets28€628€628€628€628€628=
Current assets29/58€74,866€52,070€106,917€105,788€35,057▼ 66.9%
Amounts receivable after more than one year29--€34,013€33,160€22,635▼ 31.7%
Other amounts receivable291--€34,013€33,160€22,635▼ 31.7%
Stocks and contracts in progress3€13,423€6,898€6,649€10,663€2,500▼ 76.6%
Stocks30/36--€6,649€10,663€2,500▼ 76.6%
Amounts receivable within one year40/41€42,964€40,025€11,360€18,025€9,732▼ 46.0%
Trade receivables40--€3,360€10,025€9,732▼ 2.9%
Other amounts receivable41--€8,000€8,000--
Cash at bank and in hand54/58€15,777€3,551€52,772€42,146€190▼ 99.5%
Deferred charges and accrued income490/1--€2,123€1,795--
Equity and liabilities
Total equity and liabilities10/49€103,398€71,836€123,560€119,876€46,929▼ 60.9%
Equity10/15-€266,872-€76,592-€45,486-€38,283-€110,072▼ 188%
Contributions10/11€18,592€0€18,592€18,592€18,592=
Reserves13€16,733€225,062€256,168€263,371€263,371=
Non-distributable reserves130/1--€1,859€1,859€1,859=
Reserves not available under the articles1311--€1,859€1,859€1,859=
Tax-exempt reserves132--€208,330€208,330€208,330=
Distributable reserves133--€45,979€53,182€53,182=
Profit (loss) carried forward14-€302,196-€320,246-€320,246-€320,246-€392,035▼ 22.4%
Provisions and deferred taxes16€14,395€0----
Amounts payable17/49€355,875€148,428€169,046€158,159€157,001▼ 0.7%
Amounts payable after more than one year17€44,000€8,800€8,771€6,532€4,292▼ 34.3%
Other amounts payable178/9--€8,771€6,532€4,292▼ 34.3%
Amounts payable within one year42/48€293,778€134,111€157,155€148,507€149,589▲ 0.7%
Financial debts43--€0-€3,575-
Credit institutions430/8--€0-€3,575-
Trade debts44€161,685€51,145€53,147€63,442€71,253▲ 12.3%
Suppliers440/4--€53,147€63,442€71,253▲ 12.3%
Taxes, remuneration and social security45--€93,755€77,430€63,136▼ 18.5%
Taxes450/3--€33,590€32,875€18,672▼ 43.2%
Remuneration and social security454/9--€60,165€44,555€44,464▼ 0.2%
Other amounts payable47/48--€10,253€7,635€11,625▲ 52.3%
Accrued charges and deferred income492/3--€3,120€3,120€3,120=
Line20192020202120222023Change
Profit (loss) for the period9904-€74,142€190,280€31,106€7,203-€71,789▼ 1,097%
+ Depreciation and write-downs630€10,097€8,767€3,124€3,141€3,416▲ 8.7%
Operating cash flow (approximation)-€64,044€199,046€34,229€10,344-€68,373▼ 761%
Investment in fixed assets (approximation)-€0€0-€586-€1,200▼ 105%
Change in cash--€12,226€49,221-€10,627-€41,956▼ 295%

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
05-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 462 days late
27-01
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 20-01-2025
2023
31-10
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 92 days late
2022
17-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 78 days late
2021
17-12
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 139 days late
2020
31-12
Financial Back to profitnet €190,280
Net result €190,280 after 2 loss-making years.
20-10
Judicial reorganisation Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · event 14-10-2020
17-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet -€74,142
Net result drops to -€74,142, the lowest in the series.
09-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
03-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 64 days late
2017
21-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
28-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
344 m²
Building footprint
238 m²
Volume, LiDAR
3,245 m³
2 parcels, Brussels · tallest building 20.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
NOTOS
Livornostraat 154, 1000 BrusselNACE 52112
since 19952.074.328.667
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0118/00G003 Brussels 237 m² 1 · 130 m² 20.1 m · 5 fl.
21447A0324/00V004 Brussels 107 m² 1 · 107 m² 20.6 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator SOPHIE VANHOMWEGEN
DREVE DES RENARDS 8/7, 1180 UCCLE
20-01-2025 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Brussel2.074.328.667
1 permission
Toelating · Eetgelegenheid · since 01-01-2006

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 21,859 companies in sector 56112 we hold annual accounts for 9,782. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded16-10-1995
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
46392Non-specialised wholesale
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

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