OLAY
ActiveOLAY has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €61k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+6
Solvency88▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.16 against 2.83 in 2024; short-term debt: 24.7% and cash: 25.9% of total assets), and 37.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.9%
Return on assets
19.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
22 d early
2023
5 d early
2022
5 d early
2021
1 d early
2020
14 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€192k▲ 2.4%
2024 · €188k
2018: €87k
2019: €74k
2020: €102k
2021: €120k
2022: €124k
2023: €145k
2024: €188k
2018 → 2025
Total assets
€306k▲ 9.8%
2024 · €278k
2018: €178k
2019: €182k
2020: €171k
2021: €281k
2022: €269k
2023: €261k
2024: €278k
2018 → 2025
Net result
€61k▲ 40.2%
2024 · €43k
2018: €10k
2019: €-13k
2020: €27k
2021: €19k
2022: €3k
2023: €21k
2024: €43k
2018 → 2025
Working capital
€163k▲ 5.2%
2024 · €155k
2018: €61k
2019: €45k
2020: €77k
2021: €57k
2022: €75k
2023: €102k
2024: €155k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€120k-€124k▲ 2.8%€145k▲ 16.8%€188k▲ 29.9%€192k▲ 2.4%
Operating result€31k-€14k▼ 54.1%€35k▲ 140%€66k▲ 91.2%€89k▲ 34.0%
Net result€19k-€3k▼ 81.9%€21k▲ 512%€43k▲ 107%€61k▲ 40.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 34% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €306k
Fixed assets
€67k▲ 74.8%
Current assets
€238k▼ 0.6%
Equity and liabilities €306k
Equity
€192k▲ 2.4%
Debt
€114k▲ 25.3%
The debt ratio rises from 32.5% to 37.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€112k▲
2024 · €86k
Cash flow
€84k▲
2024 · €63k
Solvency
62.9%▼
2024 · 67.5%
Current ratio
3.16▲
2024 · 2.83
Quick ratio
1.15▲
2024 · 0.87
Debt / equity
0.59▲
2024 · 0.48
ROE
31.5%▲
2024 · 23.0%
ROA
19.8%▲
2024 · 15.5%
Interest coverage
19.31▲
2024 · 14.21
Debt
€114k▲
2024 · €91k
Debt ≤ 1 year
€75k▼
2024 · €85k
Debt > 1 year
€37k▲
2024 · €4k
Income taxes
€22k▲
2024 · €17k
Staff costs
€38k▲
2024 · €26k
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€278k€306k▲
Fixed assets21/28€39k€67k▲
Tangible fixed assets22/27€39k€67k▲
Land and buildings22€8k€14k▲
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€25k€47k▲
Current assets29/58€240k€238k▼
Stocks and contracts in progress3€166k€152k▼
Stocks30/36€166k€152k▼
Amounts receivable within one year40/41€11k€802▼
Trade receivables40€11k€176▼
Other amounts receivable41-€626
Cash at bank and in hand54/58€57k€79k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€278k€306k▲
Equity10/15€188k€192k▲
Contributions10/11€6k€6k=
Reserves13€182k€186k▲
Tax-exempt reserves132€930€930=
Distributable reserves133€181k€185k▲
Amounts payable17/49€91k€114k▲
Amounts payable after more than one year17€4k€37k▲
Financial debts170/4€4k€37k▲
Amounts payable within one year42/48€85k€75k▼
Current portion of amounts payable after more than one year42€10k€14k▲
Trade debts44€15k€46k▲
Suppliers440/4€15k€46k▲
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€3k€7k▲
Other amounts payable47/48€49k€258▼
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€26k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€23k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€113k€152k▲
Operating profit (loss)9901€66k€89k▲
Financial income75/76B€25€32▲
Recurring financial income75€25€32▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€60k€83k▲
Income taxes67/77€17k€22k▲
Profit (loss) for the period9904€43k€61k▲
Profit (loss) for the period to be appropriated9905€43k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€43k€61k▲
Transfer from equity791/2-€56k
Transfer to equity691/2€43k€61k▲
To other reserves6921€43k€61k▲
Profit to be distributed694/7-€56k
Return on contributions (dividend)694-€56k
The notes to these accounts (8 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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €61k ▲40.2%
Operating result €89k, net result €61k, both a record.
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €150kEq €188k ▲29.9%
5 profitable years in a row build equity to €188k.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
30-09
Financial
Equity above €100kEq €102k ▲36.8%
Equity rises from €74k to €102k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-13k ▼236%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 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, Gent · 1 establishment unit since 2006
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.
Dendermondsesteenweg 3999040 GentGround area
133 m²
Building footprint
36 m²
Volume, LiDAR
281 m³
Parcel 44432C0984/00T000, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
OLAY
since 20062.151.811.277
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0984/00T000 | Flanders | 133 m² | 1 · 36 m² | 8.7 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 3 entries · 8,582 EUR awarded · 8,582 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,965 EUR | 5,965 EUR |
| 2024 | 1 | 2,617 EUR | 2,617 EUR |
Schemes
Individueel Maatwerk
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.151.811.277
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Of 10,529 companies in sector 47110 we hold annual accounts for 5,858. 4,267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-2006
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.