OLFIE
ActiveOLFIE has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €734k and a net result of €27k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 95% of 1199 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
short-term debt: 0.4% and cash: 3.4% of total assets, and 4.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.3%
Return on assets
3.5%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
21 d early
2023
13 d early
2022
46 d early
2021
31 d early
2020
3 d early
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€734k▲ 3.9%
2024 · €707k
2018: €560k
2019: €578k
2020: €594k
2021: €641k
2022: €654k
2023: €676k
2024: €707k
2018 → 2025
Total assets
€770k▲ 2.6%
2024 · €750k
2018: €681k
2019: €660k
2020: €674k
2021: €692k
2022: €707k
2023: €734k
2024: €750k
2018 → 2025
Net result
€27k▼ 10.2%
2024 · €30k
2018: €-4k
2019: €19k
2020: €15k
2021: €39k
2022: €13k
2023: €22k
2024: €30k
2018 → 2025
Working capital
€341k▼ 2.6%
2024 · €350k
2018: €94k
2019: €145k
2020: €188k
2021: €246k
2022: €270k
2023: €301k
2024: €350k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€641k-€654k▲ 2.0%€676k▲ 3.4%€707k▲ 4.5%€734k▲ 3.9%
Operating result€38k-€27k▼ 30.5%€32k▲ 17.7%€32k▲ 1.9%€34k▲ 6.8%
Net result€39k-€13k▼ 67.7%€22k▲ 77.1%€30k▲ 35.5%€27k▼ 10.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €770k
Fixed assets
€426k▲ 8.9%
Current assets
€343k▼ 4.2%
Equity and liabilities €770k
Equity
€734k▲ 3.9%
Provisions
€32k▼ 4.2%
Debt
€4k▼ 62.8%
The debt ratio falls from 1.3% to 0.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63k▲
2024 · €54k
Cash flow
€56k▲
2024 · €52k
Solvency
95.3%▲
2024 · 94.2%
Debt / equity
0.01▼
2024 · 0.01
ROE
3.7%▼
2024 · 4.3%
ROA
3.5%▼
2024 · 4.1%
Interest coverage
1121.09▲
2024 · 797.61
Debt
€4k▼
2024 · €10k
Debt ≤ 1 year
€3k▼
2024 · €9k
Income taxes
€11k▼
2024 · €15k
A ratio outside any meaningful range has been withheld (balance sheet total €770k, equity €734k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€750k€770k▲
Fixed assets21/28€391k€426k▲
Tangible fixed assets22/27€391k€426k▲
Land and buildings22€391k€393k▲
Furniture and vehicles24-€34k
Current assets29/58€359k€343k▼
Stocks and contracts in progress3€53k€53k=
Stocks30/36€53k€53k=
Amounts receivable within one year40/41€3k€6k▲
Other amounts receivable41€3k€6k▲
Current investments50/53€256k€258k▲
Cash at bank and in hand54/58€47k€26k▼
Deferred charges and accrued income490/1€192€198▲
Equity and liabilities
Total equity and liabilities10/49€750k€770k▲
Equity10/15€707k€734k▲
Contributions10/11€428k€428k=
Reserves13€155k€151k▼
Non-distributable reserves130/1€43k€43k=
Reserves not available under the articles1311€43k€43k=
Tax-exempt reserves132€112k€108k▼
Profit (loss) carried forward14€123k€155k▲
Provisions and deferred taxes16€34k€32k▼
Deferred taxes168€34k€32k▼
Amounts payable17/49€10k€4k▼
Amounts payable within one year42/48€9k€3k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Accrued charges and deferred income492/3€928€942▲
Income statement
Code20242025
Non-recurring operating income76A-€13k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€29k▲
Other operating charges640/8€7k€7k▼
Gross operating margin9900€61k€70k▲
Operating profit (loss)9901€32k€34k▲
Financial income75/76B€9k€2k▼
Recurring financial income75€9k€2k▼
Financial charges65/66B€68€56▼
Recurring financial charges65€68€56▼
Profit (loss) for the period before taxes9903€41k€37k▼
Transfer from deferred taxes780€4k€1k▼
Income taxes67/77€15k€11k▼
Profit (loss) for the period9904€30k€27k▼
Transfer from tax-exempt reserves789€1k€4k▲
Profit (loss) for the period to be appropriated9905€32k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€123k€155k▲
Profit (loss) brought forward from the previous period14P€92k€123k▲
Transfer from equity791/2-€0
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 125.79
Current ratio from 40.11 to 125.79; short-term debt falls from €9k to €3k.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 40.11
Current ratio from 17.00 to 40.11; short-term debt falls from €19k to €9k.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €39k ▲156%
Operating result €38k, net result €39k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 27.55
Current ratio from 7.37 to 27.55; short-term debt falls from €30k to €9k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 5.90
Current ratio from 2.37 to 5.90; short-term debt falls from €69k to €30k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wortegem-Petegem · 1 establishment unit since 1990
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.
Oudenaardseweg (W.-M.) 149790 Wortegem-PetegemGround area
2,430 m²
Building footprint
309 m²
Volume, LiDAR
2,070 m³
Parcel 45055A0868/00C000, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OLFIE NV
since 19902.046.720.784
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45055A0868/00C000 | Flanders | 2,430 m² | 1 · 309 m² | 11.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RAATS INVEST
BE 0563.618.302
Beerse · Eq €732k
QUARES FACILITY MANAGEMENT
BE 0867.318.174
Brussel · Eq €731k
IMARCO
BE 0407.184.026
Waasmunster · Eq €745k
Geert Vos
BE 0862.515.981
Meerhout · Eq €721k
FACILITEAM
BE 0832.289.395
Braine-l'Alleud · Eq €747k
Of 1,280 companies in sector 81100 we hold annual accounts for 677. 446 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-1989
Fiscal year end31-12
Activities, NACEBEL
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationGeneral meeting
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC-1-9-05181/15.05)