Equity
-€40,292
Debts exceed assets in financial year 2025.
Olessy Living
Lifetime
4 annual accounts with figures on one time axispeak -€5,384 (2025)
-€5,384▲ €3,695
lowest -€17,668 (2022)
-€6,533▲ €2,784
peak -€15,168 (2022)
-€40,292▼ €6,533
€59,076▲ 20.6%
Board2 names since 2021
2 directorsOLTHUIS Ward Pieter and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€9,079 to -€5,384Loss of €6,533Equity from -€33,759 to -€40,292Debts from €48,982 to €59,076Investments €4,105
Key points
from the 2025 annual accountsLosses
-€42,792 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€59,076 314% of the balance sheet
Financial debts 17%Suppliers 0%Taxes and wages 1%Other 82%
Of this, €49,076 falls due within a year.
Investments
€4,105 3.4 × depreciation
Green is investment, beige is depreciation. Machinery stands 48.5% higher than in 2024.
Filings
4 annual accounts 4 late
The 2025 accounts came latest: 31 days after the end of the period.
Position in the sector
-214.5%
Lower solvency than 93% of companies in rental and leasing. Sector median 30.1% · 1,839 companies.
Turnover not published (micro format)
Checked score
51
Fair
Financially stronger than 10% of micro companies in rental and leasing (NACE 77)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,170 companies (NACE 77, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.6%▼ -0.1 percentage points vs 02-2025
04-2025: 1.6%● unchanged vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.4%▼ -0.2 percentage points vs 05-2025lowest value
07-2025: 1.5%▲ +0.1 percentage points vs 06-2025
08-2025: 2.1%▲ +0.6 percentage points vs 07-2025
09-2025: 2.1%● unchanged vs 08-2025
10-2025: 2.1%● unchanged vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.1%● unchanged vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.2%▲ +0.1 percentage points vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.2%● unchanged vs 03-2026
05-2026: 2.3%▲ +0.1 percentage points vs 04-2026
06-2026: 2.3%● unchanged vs 05-2026
07-2026: 2.3%● unchanged vs 06-2026
08-2026: 3.1%▲ +0.8 percentage points vs 07-2026highest value
09-2026: 2.4%▼ -0.7 percentage points vs 08-2026
10-2026: 2.1%▼ -0.3 percentage points vs 09-2026
11-2026: 2.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Founded in 2021
lowers risk
Size: total assets €18,784
Figures for financial year 2025 (filed on 31-08-2026)
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 77, micro). It does better than 7% of them on solvency, 7% on liquidity, 6% on profitability and 21% on growth.
The bankruptcy probability was computed on 06-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 6,008 companies had the same profile as Olessy Living has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Olessy Living itself: 2.1% within 12 months.
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 6,008 companies, not a prediction for Olessy Living. 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 0.2 (0.24 in 2024), below 1. Short-term debt is 261.3% and cash 2.9% 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 risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€40,292
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
30 days late
2022
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 30 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% 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 30 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- OLTHUIS Ward Pieter 50 sharesdeed of 30-09-2021
- WEIDEMA Esther 50 sharesdeed of 30-09-2021
Shares in 1 company, Phanti
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0774696438
Incorporation
Issue of 100 shares · Appointments: OLTHUIS Ward Pieter (director) and WEIDEMA Esther (director) · Founder: OLTHUIS Ward Pieter · published on 30-09-2021 · Gazette deed
First establishment
Hazelaarstraat 5, Hamont-Achel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Olessy Living Hamont-Achel | €18,784 | -€5,384 | -214.5% | - |
| Screen Technics Merelbeke-Melle | €15,654 | -€14,602 | -95.7% | - |
| GENEREUS Haacht | €12,398 | -€2,458 | 30.7% | - |
| ND Leuze-en-Hainaut | €24,017 | -€2,704 | -65.9% | - |
| ELP-Technics Malle | €13,778 | -€6,277 | 83.9% | - |
| Events Designer Saint-Josse-ten-Noode | €33,608 | -€12,546 | -204.2% | - |
| VL Aannemingen Opwijk | €17,369 | -€15,369 | -93.1% | - |
These companies have their main activity in the same NACE class as Olessy Living: rental and leasing activities (NACE 7722). With exactly the same main activity (NACE 77226), too few companies are of comparable size. They are comparable in size and age: total assets between €12,400 and €33,600, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 28-09-2021Normal situation
- Activity
- Rental and leasing activitiesNACE 77226and 3 others
- Establishment unit
- 2.322.612.8373930 Hamont-Achel, since 28-09-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 29-01-2026
Insights on Olessy Living
Olessy Living files the micro format. That format states no turnover. The gross margin rose from -€17,570 in 2022 to -€5,384 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 Olessy Living
- What is the company number of Olessy Living?
- The company number of Olessy Living is 0774.696.438. The VAT number is the same number with BE in front: BE 0774.696.438.
- Where is Olessy Living based?
- The registered office is at Hazelaarstraat 5, 3930 Hamont-Achel.Company details
- What does Olessy Living do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77226).
- What is the legal form of Olessy Living?
- Olessy Living is a private limited company (BV).
- When was Olessy Living founded?
- Olessy Living was founded on 28-09-2021.
- Is Olessy Living still active?
- Yes, Olessy Living is an active enterprise in the KBO register.
- What is the turnover of Olessy Living?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Olessy Living profitable?
- In financial year 2025, Olessy Living made a loss of €6,533.
- Where can I find the annual accounts of Olessy Living?
- Olessy Living filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Olessy Living due?
- Olessy Living must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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