OLEMCA
ActiveSummary
OLEMCA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €381,035 and a net result of €177,984. Equity is growing by ~40.9% per year across the filed fiscal years. Its solvency ranks better than 75% of 19923 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+32
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 6.16 against 1.43 in 2023; short-term debt: 11.2% and cash: 19.3% of total assets), and 14.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
85.4%
Return on assets
39.9%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 04-07-2025, 27 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
13 d early
2022
28 d early
2021
18 d early
2020
9 d late
2019
53 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€381,035▲ 63.9%
2023 · €232,463
Total assets
€446,203▼ 17.6%
2023 · €541,517
Net result
€177,984▼ 33.6%
2023 · €268,122
Working capital
€257,790▲ 107%
2023 · €124,295
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€96,812▲ 1,220%€89,110▼ 8.0%€159,159▲ 78.6%€357,196▲ 124%€233,977▼ 34.5%
Net result€81,077within the sector's middle half▲ 1,548%€68,937within the sector's middle half▼ 15.0%€120,808above the sector's middle half▲ 75.2%€268,122above the sector's middle half▲ 122%€177,984above the sector's middle half▼ 33.6%
Equity€92,196within the sector's middle half▲ 729%€173,533within the sector's middle half▲ 88.2%€164,341within the sector's middle half▼ 5.3%€232,463within the sector's middle half▲ 41.5%€381,035above the sector's middle half▲ 63.9%
Total assets€184,010within the sector's middle half▲ 296%€283,068within the sector's middle half▲ 53.8%€373,433within the sector's middle half▲ 31.9%€541,517within the sector's middle half▲ 45.0%€446,203within the sector's middle half▼ 17.6%
Debt€91,814▲ 160%€109,535▲ 19.3%€209,091▲ 90.9%€309,054▲ 47.8%€65,168▼ 78.9%
Working capital€8,794below the sector's middle half€86,015within the sector's middle half▲ 878%€72,512within the sector's middle half▼ 15.7%€124,295within the sector's middle half▲ 71.4%€257,790within the sector's middle half▲ 107%
Solvency50.1%within the sector's middle half▲ 26.2pp61.3%within the sector's middle half▲ 11.2pp44.0%within the sector's middle half▼ 17.3pp42.9%within the sector's middle half▼ 1.1pp85.4%within the sector's middle half▲ 42.5pp
Current ratio1.24below the sector's middle half▲ 0.532.26within the sector's middle half▲ 1.021.40below the sector's middle half▼ 0.861.43within the sector's middle half▲ 0.036.16within the sector's middle half▲ 4.73
Return on assets (ROA)44.1%above the sector's middle half▲ 33.5pp24.4%within the sector's middle half▼ 19.7pp32.4%above the sector's middle half▲ 8.0pp49.5%above the sector's middle half▲ 17.2pp39.9%above the sector's middle half▼ 9.6pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
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 34% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €446,203
Fixed assets
€138,462 ▲ 6.0%
Current assets
€307,741 ▼ 25.1%
Equity and liabilities €446,203
Equity
€381,035 ▲ 63.9%
Debt
€65,168 ▼ 78.9%
Debt's share of the balance-sheet total falls from 57.1% to 14.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€251,498▼
2023 · €372,984
Cash flow
€195,504▼
2023 · €283,909
Debt to equity
0.17▼
2023 · 1.33
ROE
46.7%▼
2023 · 115.3%
Interest coverage
422.16▼
2023 · 467.49
Debt ≤ 1 year
€49,952▼
2023 · €286,550
Debt > 1 year
€15,217▼
2023 · €21,575
Income taxes
€55,509▼
2023 · €88,277
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €11,078 | €4,772 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,606 | €14,817 | €14,450 | €15,787 | €17,520 | ▲ 11.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €12,000 | - | -€12,000 | - |
| Other operating charges640/8 | - | €1,929 | €728 | €722 | €1,028 | ▲ 42.4% |
| Gross operating margin9900 | €108,928 | €105,856 | €197,415 | €378,478 | €240,526 | ▼ 36.4% |
| Operating profit (loss)9901 | €96,812 | €89,110 | €159,159 | €357,196 | €233,977 | ▼ 34.5% |
| Financial income75/76B | - | €88 | €160 | €0 | €111 | ▲ 557,150% |
| Recurring financial income75 | €9 | €88 | €160 | €0 | €111 | ▲ 557,150% |
| Financial charges65/66B | - | €1,081 | €1,019 | €798 | €596 | ▼ 25.3% |
| Recurring financial charges65 | €1,134 | €1,081 | €1,019 | €798 | €596 | ▼ 25.3% |
| Profit (loss) for the period before taxes9903 | €95,688 | €88,118 | €158,299 | €356,398 | €233,493 | ▼ 34.5% |
| Income taxes67/77 | €14,610 | €19,181 | €37,491 | €88,277 | €55,509 | ▼ 37.1% |
| Profit (loss) for the period9904 | €81,077 | €68,937 | €120,808 | €268,122 | €177,984 | ▼ 33.6% |
| Profit (loss) for the period to be appropriated9905 | €81,077 | €68,937 | €120,808 | €268,122 | €177,984 | ▼ 33.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €184,010 | €283,068 | €373,433 | €541,517 | €446,203 | ▼ 17.6% |
| Fixed assets21/28 | €138,134 | €128,889 | €119,692 | €130,672 | €138,462 | ▲ 6.0% |
| Tangible fixed assets22/27 | €138,134 | €128,889 | €119,692 | €130,672 | €138,462 | ▲ 6.0% |
| Land and buildings22 | - | €16,600 | €15,278 | €13,956 | €23,485 | ▲ 68.3% |
| Plant, machinery and equipment23 | - | €2,673 | €1,409 | €298 | €1,706 | ▲ 472% |
| Furniture and vehicles24 | - | €14,481 | €11,785 | €11,612 | €8,470 | ▼ 27.1% |
| Other tangible fixed assets26 | - | €95,136 | €91,220 | €104,805 | €104,801 | = |
| Current assets29/58 | €45,875 | €154,179 | €253,740 | €410,845 | €307,741 | ▼ 25.1% |
| Amounts receivable after more than one year29 | - | €5,330 | €5,490 | - | - | - |
| Other amounts receivable291 | - | €5,330 | €5,490 | - | - | - |
| Amounts receivable within one year40/41 | €885 | €18,306 | €9,575 | €8,898 | €20,903 | ▲ 135% |
| Trade receivables40 | - | €18,306 | €4,002 | €2,917 | €13,900 | ▲ 377% |
| Other amounts receivable41 | - | - | €5,573 | €5,981 | €7,003 | ▲ 17.1% |
| Current investments50/53 | - | - | - | - | €199,500 | - |
| Cash at bank and in hand54/58 | €44,848 | €129,586 | €236,798 | €397,990 | €86,286 | ▼ 78.3% |
| Deferred charges and accrued income490/1 | - | €956 | €1,877 | €3,957 | €1,052 | ▼ 73.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €184,010 | €283,068 | €373,433 | €541,517 | €446,203 | ▼ 17.6% |
| Equity10/15 | €92,196 | €173,533 | €164,341 | €232,463 | €381,035 | ▲ 63.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €250 | €250 | €250 | €250 | €250 | = |
| Non-distributable reserves130/1 | - | €250 | €250 | €250 | €250 | = |
| Reserves not available under the articles1311 | - | €250 | €250 | €250 | €250 | = |
| Profit (loss) carried forward14 | €85,746 | €154,683 | €145,491 | €213,613 | €362,185 | ▲ 69.6% |
| Amounts payable17/49 | €91,814 | €109,535 | €209,091 | €309,054 | €65,168 | ▼ 78.9% |
| Amounts payable after more than one year17 | €54,717 | €41,372 | €27,837 | €21,575 | €15,217 | ▼ 29.5% |
| Financial debts170/4 | - | €41,372 | €27,837 | €21,575 | €15,217 | ▼ 29.5% |
| Amounts payable within one year42/48 | €37,081 | €68,164 | €181,228 | €286,550 | €49,952 | ▼ 82.6% |
| Current portion of amounts payable after more than one year42 | - | €13,346 | €13,535 | €6,262 | €6,358 | ▲ 1.5% |
| Trade debts44 | €439 | €4,523 | €2,531 | €28,247 | €4,733 | ▼ 83.2% |
| Suppliers440/4 | - | €4,523 | €2,531 | €28,247 | €4,733 | ▼ 83.2% |
| Taxes, remuneration and social security45 | - | €50,257 | €34,944 | €52,041 | €9,449 | ▼ 81.8% |
| Taxes450/3 | - | €47,404 | €33,040 | €52,041 | €9,449 | ▼ 81.8% |
| Remuneration and social security454/9 | - | €2,853 | €1,904 | - | - | - |
| Other amounts payable47/48 | - | €38 | €130,218 | €200,000 | €29,412 | ▼ 85.3% |
| Accrued charges and deferred income492/3 | - | - | €27 | €929 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €81,077 | €68,937 | €120,808 | €268,122 | €177,984 | ▼ 33.6% |
| + Depreciation and write-downs630 | €11,606 | €14,817 | €14,450 | €15,787 | €17,520 | ▲ 11.0% |
| Operating cash flow (approximation) | €92,684 | €83,754 | €135,258 | €283,909 | €195,504 | ▼ 31.1% |
| Investment in fixed assets (approximation) | - | -€5,572 | -€5,253 | -€26,767 | -€25,311 | ▲ 5.4% |
| Change in cash | - | €84,738 | €107,212 | €161,192 | -€311,704 | ▼ 293% |
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
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 6.16
Current ratio from 1.43 to 6.16; short-term debt falls from €286,550 to €49,952.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €268,122 ▲122%
Operating result €357,196, net result €268,122, both a record.
31-12
Financial
Equity above €200,000Eq €232,463 ▲41.5%
5 profitable years in a row build equity to €232,463.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150,000Eq €173,533 ▲88.2%
3 profitable years in a row build equity to €173,533.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Geraardsbergen · 1 establishment unit since 2018
Ground area
2,553 m²
Building footprint
264 m²
Volume, LiDAR
1,454 m³
Parcel 41021A0690/00E002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OLEMCA
since 20182.282.805.027
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41021A0690/00E002 | Flanders | 2,553 m² | 1 · 264 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2025 · 1 entry · 1,559 EUR awarded · 1,559 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,559 EUR | 1,559 EUR |
Similar companies · same sector, comparable size
PM HEALTH
BE 1003.363.842
Kortrijk · Eq €380,441
Groep Pauwels
BE 0866.256.619
Heist-op-den-Berg · Eq €379,066
OSTEOPATHIE BRUGGE
BE 0821.374.917
Brugge · Eq €383,177
SPORTMEDISCH CONDITIECENTRUM
BE 0427.485.730
Zele · Eq €377,214
KININFI
BE 0898.843.174
La Bruyère · Eq €386,145
Of 12,699 companies in sector 86951 we hold annual accounts for 2,146. 1,254 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
74999Other professional, scientific and technical activities
86951Physiotherapy
27110Manufacture of electrical equipment
43212Electrical installation work in industrial facilities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0698996747
Also
9925:BE0698996747
Registered
18-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.