OL TEC DESIGN
ActiveOL TEC DESIGN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €-6k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 1502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency89▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.55 in 2024; short-term debt: 34.6% and cash: 18.9% of total assets), and 35.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+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 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
64.1%
Return on assets
-28.2%
Age of the figures
9 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-6k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
74 d late
2023
89 d late
2022
72 d late
2021
31 d late
2020
6 d late
2019
58 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k▲ 66.6%
2024 · €-17k
2018: €-2k
2019: €-1k
2020: €16k
2021: €-5k
2022: €11k
2023: €-8k
2024: €-17k
2018 → 2025
Working capital
€8k▼ 15.3%
2024 · €9k
2018: €24k
2019: €23k
2020: €39k
2021: €34k
2022: €37k
2023: €26k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€44k▲ 34.2%€36k▼ 17.9%€19k▼ 47.8%€13k▼ 30.5%
Operating result€-5k-€14k€-8k€-17k▼ 113%€-5k▲ 68.3%
Net result€-5k-€11k€-8k€-17k▼ 119%€-6k▲ 66.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €17k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20k
Fixed assets
€5k▼ 43.2%
Current assets
€15k▼ 3.4%
Equity and liabilities €20k
Equity
€13k▼ 30.5%
Debt
€7k▲ 19.5%
The debt ratio rises from 24.6% to 35.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1k▲
2024 · €-13k
Cash flow
€-2k▲
2024 · €-13k
Solvency
64.1%▼
2024 · 75.4%
Current ratio
2.14▼
2024 · 2.55
Quick ratio
2.14▼
2024 · 2.55
Debt / equity
0.56▲
2024 · 0.33
ROE
-44.0%▲
2024 · -91.5%
ROA
-28.2%▲
2024 · -69.0%
Interest coverage
-4.02▲
2024 · -89.26
Debt
€7k▲
2024 · €6k
Debt ≤ 1 year
€7k▲
2024 · €6k
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€25k€20k▼
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€9k€5k▼
Furniture and vehicles24€9k€5k▼
Current assets29/58€16k€15k▼
Amounts receivable within one year40/41€8k€11k▲
Trade receivables40€6k€11k▲
Other amounts receivable41€1k€279▼
Cash at bank and in hand54/58€8k€4k▼
Deferred charges and accrued income490/1€411€407▼
Equity and liabilities
Total equity and liabilities10/49€25k€20k▼
Equity10/15€19k€13k▼
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133-€2k
Profit (loss) carried forward14€-3k€-9k▼
Amounts payable17/49€6k€7k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€6k€7k▲
Current portion of amounts payable after more than one year42€2k€0▼
Trade debts44€400€3k▲
Suppliers440/4€400€3k▲
Other amounts payable47/48€4k€4k▲
Accrued charges and deferred income492/3-€265
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€0▼
Other operating charges640/8€727€2k▲
Non-recurring operating charges66A€305€0▼
Gross operating margin9900€-8k€134▲
Operating profit (loss)9901€-17k€-5k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€147€341▲
Recurring financial charges65€147€341▲
Profit (loss) for the period before taxes9903€-17k€-6k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-17k€-6k▲
Profit (loss) for the period to be appropriated9905€-17k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-9k▼
Profit (loss) brought forward from the previous period14P€14k€-3k▼
The notes to these accounts (6 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
2024
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 6 days late
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 7.07
Current ratio from 3.04 to 7.07; short-term debt falls from €11k to €6k.
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 58 days late
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Verviers · 1 establishment unit since 2013
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.
Rue de Limbourg 844800 VerviersGround area
254 m²
Building footprint
67 m²
Volume, LiDAR
880 m³
Parcel 63572B0080/00K000, Wallonia · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
OL TEC DESIGN SPRL
since 20132.220.623.077
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63572B0080/00K000 | Wallonia | 254 m² | 1 · 66 m² | 14.4 m · 4 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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DALIE MACHINAS
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DEMONTOR
BE 0720.702.179
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ARCA Rent
BE 1018.049.246
Veurne · Eq €12k
Rentulek
BE 0598.945.207
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Of 667 companies in sector 77320 we hold annual accounts for 492. 153 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-07-2013
Fiscal year end31-12
Activities, NACEBEL
77320Rental and leasing activities
47521Retail sale of hardware, building materials, paint and glass (general range)
47522Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.