OLEAR
ActiveOLEAR has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11k and a net result of €11k. Equity is growing by ~65.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
73
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency44▲+10
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 7.12 against 4.99 in 2023), but 84.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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 2024Solvency, return and age of the figures
Solvency
15.4%
Return on assets
14.9%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
22 d late
2022
56 d late
2021
61 d late
2020
3 d early
2019
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€11k▲ 2,839%
2023 · €373
2018: €-48k
2019: €-42k
2020: €-46k
2021: €16k
2022: €-13k
2023: €373
2018 → 2024
Total assets
€71k▼ 10.8%
2023 · €80k
2018: €22k
2019: €31k
2020: €36k
2021: €127k
2022: €81k
2023: €80k
2018 → 2024
Net result
€11k▼ 23.3%
2023 · €14k
2018: €33k
2019: €6k
2020: €-4k
2021: €63k
2022: €-30k
2023: €14k
2018 → 2024
Working capital
€61k▲ 9.2%
2023 · €56k
2018: €-5k
2019: €-23k
2020: €13k
2021: €87k
2022: €54k
2023: €56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-46k-€16k€-13k€373€11k▲ 2,839%
Operating result€-4k-€63k€-30k€14k€11k▼ 19.7%
Net result€-4k-€63k€-30k€14k€11k▼ 23.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 20% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €71k
Equity
€11k▲ 2,839%
Debt
€60k▼ 24.2%
The debt ratio falls from 99.5% to 84.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€11k▼
2023 · €16k
Cash flow
€11k▼
2023 · €16k
Solvency
15.4%▲
2023 · 0.5%
Current ratio
7.12▲
2023 · 4.99
Quick ratio
7.12▲
2023 · 4.58
Debt / equity
5.50
ROE
96.6%
ROA
14.9%▼
2023 · 17.3%
Interest coverage
14.72▼
2023 · 48.21
Debt
€60k▼
2023 · €80k
Debt ≤ 1 year
€10k▼
2023 · €14k
Debt > 1 year
€50k▼
2023 · €66k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€80k€71k▼
Fixed assets21/28€10k€0▼
Tangible fixed assets22/27€10k€0▼
Furniture and vehicles24€10k€0▼
Current assets29/58€70k€71k▲
Stocks and contracts in progress3€6k€0▼
Stocks30/36€6k€0▼
Amounts receivable within one year40/41€41k€46k▲
Trade receivables40€31k€36k▲
Other amounts receivable41€10k€10k=
Cash at bank and in hand54/58€23k€25k▲
Deferred charges and accrued income490/1€1k€504▼
Equity and liabilities
Total equity and liabilities10/49€80k€71k▼
Equity10/15€373€11k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-18k€-8k▲
Amounts payable17/49€80k€60k▼
Amounts payable after more than one year17€66k€50k▼
Other amounts payable178/9€66k€50k▼
Amounts payable within one year42/48€14k€10k▼
Trade debts44€1k€0▼
Suppliers440/4€1k€0▼
Advances received on contracts in progress46€6k€6k=
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€7k€4k▼
Accrued charges and deferred income492/3-€804
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€0▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A-€9k
Gross operating margin9900€18k€22k▲
Operating profit (loss)9901€14k€11k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Non-recurring financial income76B-€0
Financial charges65/66B€340€773▲
Recurring financial charges65€340€773▲
Profit (loss) for the period before taxes9903€14k€11k▼
Profit (loss) for the period9904€14k€11k▼
Profit (loss) for the period to be appropriated9905€14k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-8k▲
Profit (loss) brought forward from the previous period14P€-32k€-18k▲
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial
Weakest financial yearnet €-30k ▼147%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 3.18
Current ratio from 1.58 to 3.18.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.58
Current ratio from 0.57 to 1.58; short-term debt falls from €53k to €22k.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brugge · 1 establishment unit since 1993
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.
Gistelse Steenweg 2538200 BruggeGround area
1,667 m²
Building footprint
716 m²
Volume, LiDAR
5,640 m³
2 parcels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
OLEAR
since 19932.060.544.076
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35385B0109/00E004 | Flanders | 951 m² | - | - |
| 31027D0299/00L007 | Flanders | 716 m² | 1 · 716 m² | 9.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Antwerpen · Eq €11k
PASCAL SCHEIRLINCKX
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ED&J
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Wavre · Eq €11k
Of 11,702 companies in sector 68310 we hold annual accounts for 6,877. 3,076 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-1993
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.