OLFASTYLE (0756.756.683): financials and annual accounts

OLFASTYLE

Ixelles ·KBO/BCE: BE 0756.756.683

Line	2024	2023	2022	2021
Balance sheet: assets
Total assets`20/58`	94,422	75,838	40,559	22,658
Fixed assets`21/28`	12,790	16,920	8,000	-
Tangible fixed assets`22/27`	390	4,520	8,000	-
Plant, machinery and equipment`23`	0	4,000	8,000	-
Furniture and vehicles`24`	390	520	-	-
Financial fixed assets`28`	12,400	12,400	-	-
Current assets`29/58`	81,632	58,918	32,559	22,658
Stocks and contracts in progress`3`	5,205	5,090	2,349	3,747
Stocks`30/36`	5,205	5,090	2,349	3,747
Amounts receivable within one year`40/41`	26,411	8,200	19,911	14,247
Trade receivables`40`	18,635	0	12,658	11,547
Other amounts receivable`41`	7,776	8,200	7,253	2,700
Cash at bank and in hand`54/58`	50,016	45,628	10,299	4,664
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	94,422	75,838	40,559	22,658
Equity`10/15`	12,964	16,799	15,456	9,580
Contributions`10/11`	2,000	2,000	2,000	2,000
Capital`10`	2,000	2,000	2,000	2,000
Issued capital`100`	2,000	2,000	2,000	2,000
Profit (loss) carried forward`14`	10,964	14,799	13,456	7,580
Amounts payable`17/49`	81,458	59,039	25,103	13,078
Amounts payable within one year`42/48`	81,458	59,039	25,103	13,078
Trade debts`44`	62,085	41,999	11,609	2,136
Suppliers`440/4`	62,085	41,999	11,609	2,136
Taxes, remuneration and social security`45`	10,905	8,573	-	6,831
Remuneration and social security`454/9`	10,905	8,573	-	6,831
Other amounts payable`47/48`	8,468	8,467	13,494	4,111
Income statement
Gross operating margin`9900`	103,168	83,465	47,897	44,298
Remuneration, social security and pensions`62`	93,447	72,504	37,345	36,605
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	4,130	4,130	4,000	-
Operating profit (loss)`9901`	5,591	6,831	6,552	7,693
Financial charges`65/66B`	7,326	3,287	180	113
Recurring financial charges`65`	7,326	-	180	113
Non-recurring financial charges`66B`	-	3,287	-	-
Profit (loss) for the period before taxes`9903`	-1,735	3,544	6,372	7,580
Transfer to deferred taxes`680`	-	-	496	-
Income taxes`67/77`	2,095	2,201	-	-
Profit (loss) for the period`9904`	-3,830	1,343	5,876	7,580
Profit (loss) for the period to be appropriated`9905`	-3,830	1,343	5,876	7,580
Appropriation of the result
Profit (loss) to be appropriated`9906`	10,964	14,799	13,456	7,580
Profit (loss) brought forward from the previous period`14P`	14,794	13,456	7,580	-
Document	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2024	full format	22-11-2025	2025-00569739	PDF
31-12-2023	full format	27-08-2024	2024-00385070	PDF
31-12-2022	full format	19-08-2023	2023-00339020	PDF
31-12-2021	full format	22-08-2022	2022-20307926	PDF

Line	2024	2023	2022	2021
EBITDA	9,721	10,961	10,552	-
Cash flow	300	5,473	9,876	-
Investment in fixed assets (approximation)	0	13,050	12,000	-
Change in cash	4,388	35,329	5,635	-
Working capital	174	-121	7,456	9,580
Solvency	13.7%	22.2%	38.1%	42.3%
Current ratio	1.00	1.00	1.30	1.73
Quick ratio	0.94	0.91	1.20	1.45
Debt to equity	6.28	3.51	1.62	1.37
ROE	-29.5%	8.0%	38.0%	79.1%
ROA	-4.1%	1.8%	14.5%	33.5%
Interest coverage	1.33	3.33	58.62	-

Item	2024	2023	2022	2021
Tangible fixed assets	-	€650	€12,000	-
Financial fixed assets	-	€12,400	-	-
Depreciation and write-downs of the year	€4,130	€4,130	€4,000	-

OLFASTYLE

Annual accounts 2024

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency13.7%

Current ratio1.00

Return on assets-4.1%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on OLFASTYLE

Next steps