Equity
-€541,638
Debts exceed assets in financial year 2025.
Olav
Lifetime
14 annual accounts with figures on one time axispeak €1,677 (2025)
€1,677▲ €15,983
lowest -€223,495 (2012)
€1,072▲ €16,464
peak -€193,495 (2012)
-€541,638▲ €1,072
€560,311▼ 0.2%
Board1 name since 2011
1 directorGuillaume Agnes
Documentsfilings and deeds
10-06-202651 days before the deadline
2025micro format
Gross margin from -€14,306 to €1,677Back to profit: €1,072
Key points
from the 2025 annual accountsTurnover
≈ €5,500 estimated
The micro format states no turnover.
Debts
€560,311 3,001% of the balance sheet
Filings
14 annual accounts since 2012
Nine of the last ten came late. The 2019 accounts came latest: 124 days after the end of the period.
At the same address
15 companies
Position in the sector
-2900.6%
Lower solvency than 95% of companies in film, video and music. Sector median 48.2% · 1,871 companies.
Checked score
54
Fair
Financially stronger than 29% of micro companies in film, video and music (NACE 59)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,576 companies (NACE 59, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.3%▼ -0.1 percentage points vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.4%▲ +0.1 percentage points vs 06-2025
08-2025: 1.8%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 1.2%▼ -0.6 percentage points vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.1%▼ -0.1 percentage points vs 05-2026
07-2026: 0.4%▼ -0.7 percentage points vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€541,638
lowers risk
Size: total assets €18,673
Founded in 2011
Figures for financial year 2025 (filed on 13-06-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 59, micro). It does better than 6% of them on solvency, 4% on liquidity, 57% on profitability and 49% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,632 companies had the same profile as Olav has now. Each dot stands for 10 companies, two years later.
91.9%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Olav itself is lower: 0.4% within 12 months. It rests on far more data about Olav than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for Olav. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.01 in 2024), below 1. Cash is 1.7% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1871 sector peers (2025).
NBB · sector comparisonPosition among 1871 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 days early
2024
22 days late
2023
30 days late
2022
42 days late
2021
22 days late
2020
31 days late
2019
124 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 59), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0837845814
Registered office moved from Auderghem to Ittre
New registered office: Rue Charles Catala 78 à 1460 Ittre · Previous registered office: avenue Jules Genicot 11 à 1160 Auderghem · Board meeting of 04-06-2021 · Gazette deed
First establishment
Rue Charles Catala 78, Ittre
Incorporation
published on 26-07-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Olav Ittre | €18,673 | €1,677 | -2900.6% | - |
| Maïs Gaté Prod. Auderghem | €26,952 | -€6,628 | -214.6% | - |
| FUOCO Antwerp | €8,528 | -€17,117 | 46.6% | - |
| PAX FILMS Ixelles | €24,421 | -€628 | -7.9% | - |
| CONGOO Brussels | €170,493 | -€1,154 | 23.4% | - |
| GIRAFEO Ixelles | €86,983 | €17,056 | -19.3% | - |
| BRIGHTNESS Woluwe-Saint-Pierre | €93,055 | -€136 | 59.8% | - |
These companies have the same main activity as Olav: motion picture, video and television programme production, sound recording and music publishing activities (NACE 59140). They are comparable in size and age: total assets between €8,530 and €170,000, founded between 1996 and 2017.
Official details
Source: KBO- Status
- Active since 13-07-2011Normal situation
- Registered office
- 16 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Motion picture, video and television programme production, sound recording and music publishing activitiesNACE 59140
- Establishment unit
- 2.206.664.0841460 Ittre, since 01-12-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Annual accounts 2025
- €18,673▼ 0.7%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Insights on Olav
Olav files the micro format. That format states no turnover. The gross margin rose from -€218,844 in 2012 to €1,677 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Olav
- What is the company number of Olav?
- The company number of Olav is 0837.845.814. The VAT number is the same number with BE in front: BE 0837.845.814.
- Where is Olav based?
- The registered office is at Rue Charles Catala 78, 1460 Ittre.Company details
- What does Olav do?
- According to the KBO register, the main activity is motion picture, video and television programme production, sound recording and music publishing activities (NACE 59140).
- What is the legal form of Olav?
- Olav is a private limited company (pre-2019) (BVBA).
- When was Olav founded?
- Olav was founded on 13-07-2011.
- Is Olav still active?
- Yes, Olav is an active enterprise in the KBO register.
- What is the turnover of Olav?
- The turnover in financial year 2025 is ≈ €5,500. This figure is estimated from the gross margin of €1,677 and 30 comparable companies (NACE 591). It probably lies between €3,300 and €13,000. It is a rough estimate.Financials
- Is Olav profitable?
- In financial year 2025, Olav made a profit of €1,072.
- Where can I find the annual accounts of Olav?
- Olav filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Olav due?
- Olav must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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