OL2CONSULT
InactiveOL2CONSULT was declared bankrupt on 18-09-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 25-06-2024, published in the Belgian State Gazette on 02-07-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 02-12-2021, 124 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
124 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€28k▲ 8.5%
2019 · €26k
2018: €28k
2019: €26k▼ -6.7% vs 2018lowest in 3 years
2020: €28k▲ +8.5% vs 2019highest in 3 years
2018 → 2020
Total assets
€65k▲ 35.5%
2019 · €48k
2018: €66khighest in 3 years
2019: €48k▼ -27.6% vs 2018lowest in 3 years
2020: €65k▲ +35.5% vs 2019
2018 → 2020
Net result
€2k
2019 · €-2k
2018: €-3klowest in 3 years
2019: €-2k▲ +31.0% vs 2018
2020: €2k▲ +218% vs 2019highest in 3 years
2018 → 2020
Working capital
€28k▲ 25.7%
2019 · €23k
2018: €24k
2019: €23k▼ -5.5% vs 2018lowest in 3 years
2020: €28k▲ +25.7% vs 2019highest in 3 years
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€28k-€26k▼ 6.7%€28k▲ 8.5%
2018: €28k
2019: €26k▼ -6.7% vs 2018lowest in 3 years
2020: €28k▲ +8.5% vs 2019highest in 3 years
Operating result€-562-€-1k▼ 94.9%€5k
2018: €-562
2019: €-1k▼ -94.9% vs 2018lowest in 3 years
2020: €5k▲ +581% vs 2019highest in 3 years
Net result€-3k-€-2k▲ 31.0%€2k
2018: €-3klowest in 3 years
2019: €-2k▲ +31.0% vs 2018
2020: €2k▲ +218% vs 2019highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €5k after a loss of €1k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €65k
Equity
€28k ▲ 8.5%
Debt
€36k ▲ 68.7%
Debt's share of the balance-sheet total rises from 44.9% to 55.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2019 · €7k
Cash flow
€10k▲
2019 · €6k
Current ratio
1.79▼
2019 · 2.32
ROE
7.9%▲
2019 · -7.2%
ROA
3.5%▲
2019 · -4.0%
Debt ≤ 1 year
€36k▲
2019 · €17k
Income taxes
€3k▲
2019 · €326
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 · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€48k€65k▲
Fixed assets21/28€8k-
Tangible fixed assets22/27€8k-
Financial fixed assets28€90-
Current assets29/58€40k€65k▲
Amounts receivable within one year40/41€20k€21k▲
Cash at bank and in hand54/58€20k€43k▲
Equity and liabilities
Total equity and liabilities10/49€48k€65k▲
Equity10/15€26k€28k▲
Contributions10/11€12k-
Reserves13€2k€2k=
Profit (loss) carried forward14€12k€14k▲
Amounts payable17/49€21k€36k▲
Amounts payable after more than one year17€4k-
Amounts payable within one year42/48€17k€36k▲
Trade debts44€684€19k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Gross operating margin9900€7k€14k▲
Operating profit (loss)9901€-1k€5k▲
Recurring financial income75€0€0▼
Recurring financial charges65€479€304▼
Profit (loss) for the period before taxes9903€-2k€5k▲
Income taxes67/77€326€3k▲
Profit (loss) for the period9904€-2k€2k▲
Profit (loss) for the period to be appropriated9905€-2k€2k▲
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €8k | = |
| Gross operating margin9900 | €8k | €7k | €14k | ▲ 98.6% |
| Operating profit (loss)9901 | €-562 | €-1k | €5k | ▲ 581% |
| Recurring financial income75 | €10 | €0 | €0 | ▼ 33.3% |
| Recurring financial charges65 | €2k | €479 | €304 | ▼ 36.6% |
| Profit (loss) for the period before taxes9903 | €-2k | €-2k | €5k | ▲ 416% |
| Income taxes67/77 | €278 | €326 | €3k | ▲ 736% |
| Profit (loss) for the period9904 | €-3k | €-2k | €2k | ▲ 218% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-2k | €2k | ▲ 218% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €66k | €48k | €65k | ▲ 35.5% |
| Fixed assets21/28 | €15k | €8k | - | - |
| Tangible fixed assets22/27 | €15k | €8k | - | - |
| Financial fixed assets28 | €90 | €90 | - | - |
| Current assets29/58 | €50k | €40k | €65k | ▲ 62.0% |
| Amounts receivable within one year40/41 | €10k | €20k | €21k | ▲ 6.8% |
| Cash at bank and in hand54/58 | €40k | €20k | €43k | ▲ 117% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €66k | €48k | €65k | ▲ 35.5% |
| Equity10/15 | €28k | €26k | €28k | ▲ 8.5% |
| Contributions10/11 | €12k | €12k | - | - |
| Reserves13 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €14k | €12k | €14k | ▲ 18.7% |
| Amounts payable17/49 | €38k | €21k | €36k | ▲ 68.7% |
| Amounts payable after more than one year17 | €11k | €4k | - | - |
| Amounts payable within one year42/48 | €26k | €17k | €36k | ▲ 110% |
| Trade debts44 | €11k | €684 | €19k | ▲ 2,638% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-2k | €2k | ▲ 218% |
| + Depreciation and write-downs630 | €8k | €8k | €8k | = |
| Operating cash flow (approximation) | €5k | €6k | €10k | ▲ 71.4% |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | €-20k | €23k | ▲ 216% |
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
2024
02-07
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · event 25-06-2024
2023
28-09
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 18-09-2023
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 124 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 178 days late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 28 days late
2013
28-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 28 days late
2012
27-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JEAN-MARC HUSSON RUE GODELET 1/11,
4500 HUY |
18-09-2023 → 25-06-2024 |
| Curator | ELISE HELMUS RUE GODELET 1,
4500 HUY |
18-09-2023 → 25-06-2024 |