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OLDA

Active
Private limited companyfounded 20179 yrs activeWarandelaan 14A, 9230 Wetteren, BelgiumKBO/BCE: BE 0678.841.236
Summary

The computed 12-month bankruptcy probability of OLDA is 3.8% (moderate). The 2024 annual accounts show negative equity (-€204,216) and a net result of €40,119. Equity is shrinking by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 18930 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
2 sites
How big
€150,778total assets 2024
Staff
9.8 FTE
Equity
-€204,216
Profit
€40,119
Turnover not published (abridged schema)
Financially healthy?
47 Fair Checked score 2024
Bankruptcy chance 12 m
3.8%
Who decides
Accounts 21 d early0 of 2 deeds read
Why 47- Higher-failure-rate sector- Annual accounts: weaker financial profile- Multiple establishment units- Weak solvency vs sectorLatest accounts filed on timeShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 0.26 in 2023; short-term debt: 233.9% and cash: 45.8% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
-135.4%
Return on assets
26.6%
Age of the figures
21 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 18930 sector peers (2024).
NBB · sector comparison
Position among 18930 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2024
21 d early
2023
26 d early
2022
39 d early
2021
24 d early
2020
39 d late
2019
95 d late
2018
23 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Back to profitnet €40,119
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€204,216 View
  • Caution: Among the weakest 5% on equitysector median €27,525 · 18,970 companies -€204,216 View
  • Positive: Back in profit in 2024after -€17,820 in 2023 €40,119 View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2024
Total assets
€150,778
Profit
€40,119
Solvency
-135.4%
Total assets▲ 27.6%
Net result
20192024
Go to Financials

Timeline

Events
9
Since
2019
  1. 10-07-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 04-04-2024Annual accounts filed
Go to Timeline

Support & recognitions

Funding sources
1
Recognitions
1 register
Flemish government
€2,000awarded · 2023
FASFC
2authorised sites
Go to Support & recognitions

Company details

Sites
2
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
25-07-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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