OLFRAN
ActiveFinancials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 30 July 2026 The financial year closed on 30 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 31-07-2025 PDF all 18 filings
Equity
-€8,386▼ 23.2%
2023 · -€6,805
Total assets
€2.9m=
2023 · €2.9m
Net result
-€1,581▲ 43.9%
2023 · -€2,817
Working capital
-€2.9m▼ 0.1%
2023 · -€2.9m
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
-€1,581
▲ 43.9%
2024
20182024
Net result
-€1,581
▲ 43.9%
2024
20182024
Equity
-€8,386
▼ 23.2%
2024
20182024
Total assets
€2.9m
=
2024
20182024
Debt
€2.9m
▲ 0.1%
2024
20182024
Working capital
-€2.9m
▼ 0.1%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€105--€0.002m▼ 2,159%-€0.001m▲ 54.1%-€0.002m▼ 62.4%-€0.001m▲ 27.0%-€0.003m▼ 118%-€0.002m▲ 43.9%
Net result-€234--€0.002m▼ 914%-€0.001m▲ 48.2%-€0.002m▼ 70.2%-€0.001m▲ 30.6%-€0.003m▼ 94.1%-€0.002m▲ 43.9%
Equity€0.003m-€0.001m▼ 75.2%-€446-€0.003m▼ 468%-€0.004m▼ 57.2%-€0.007m▼ 70.6%-€0.008m▼ 23.2%
Total assets€2.9m-€2.9m=€2.9m=€2.9m=€2.9m=€2.9m=€2.9m=
Debt€2.9m-€2.9m▲ 0.1%€2.9m=€2.9m▲ 0.1%€2.9m=€2.9m▲ 0.1%€2.9m▲ 0.1%
Working capital-€2.9m--€2.9m▼ 0.1%-€2.9m=-€2.9m▼ 0.1%-€2.9m=-€2.9m▼ 0.1%-€2.9m▼ 0.1%
The operating result for 2024 is a loss of €1,581, smaller than the loss of €2,817 in 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.9m
Fixed assets
€2.9m =
Current assets
€11,611 =
Equity and liabilities
Equity-€8,386
Debt€2.9m
Equity is negative. Debt (€2.9m) exceeds the balance-sheet total (€2.9m).
Key figures and ratios
Solvency
-0.3%▼
2023 · -0.2%
Current ratio
0.00▼
2023 · 0.00
ROA
-0.1%▲
2023 · -0.1%
Debt ≤ 1 year
€2.9m▲
2023 · €2.9m
A ratio outside any meaningful range has been withheld (balance sheet total €2.9m, equity -€8,386).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | - | - | €115 | €126 | ▲ 9.6% |
| Gross operating margin9900 | -€105 | -€2,372 | -€1,089 | -€1,769 | -€1,291 | -€2,702 | -€1,455 | ▲ 46.2% |
| Operating profit (loss)9901 | -€105 | -€2,372 | -€1,089 | -€1,769 | -€1,291 | -€2,817 | -€1,581 | ▲ 43.9% |
| Financial charges65/66B | - | - | - | €322 | €161 | - | - | - |
| Recurring financial charges65 | €129 | - | €139 | €322 | €161 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€234 | -€2,372 | -€1,228 | -€2,090 | -€1,451 | -€2,817 | -€1,581 | ▲ 43.9% |
| Profit (loss) for the period9904 | -€234 | -€2,372 | -€1,228 | -€2,090 | -€1,451 | -€2,817 | -€1,581 | ▲ 43.9% |
| Profit (loss) for the period to be appropriated9905 | -€234 | -€2,372 | -€1,228 | -€2,090 | -€1,451 | -€2,817 | -€1,581 | ▲ 43.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | = |
| Fixed assets21/28 | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | = |
| Financial fixed assets28 | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | = |
| Current assets29/58 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Amounts receivable within one year40/41 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Other amounts receivable41 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Cash at bank and in hand54/58 | €149 | €149 | €9 | €310 | €150 | €150 | €150 | = |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | = |
| Equity10/15 | €0.003m | €0.001m | -€446 | -€0.003m | -€0.004m | -€0.007m | -€0.008m | ▼ 23.2% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | -€0.02m | -€0.02m | -€0.02m | -€0.02m | -€0.02m | -€0.03m | -€0.03m | ▼ 5.7% |
| Amounts payable17/49 | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | ▲ 0.1% |
| Amounts payable within one year42/48 | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | ▲ 0.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2.9m | €2.9m | €2.9m | €2.9m | = |
| Trade debts44 | - | - | - | €270 | €246 | €488 | €0.001m | ▲ 9.9% |
| Suppliers440/4 | - | - | - | €270 | €246 | €488 | €0.001m | ▲ 9.9% |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 8.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€234 | -€2,372 | -€1,228 | -€2,090 | -€1,451 | -€2,817 | -€1,581 | ▲ 43.9% |
| Operating cash flow (approximation) | -€234 | -€2,372 | -€1,228 | -€2,090 | -€1,451 | -€2,817 | -€1,581 | ▲ 43.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | -€139 | €301 | -€161 | €0 | €0 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-12-2024 | abbreviated format | 31-07-2025 | 2025-00351868 | |
| 30-12-2023 | abbreviated format | 31-08-2024 | 2024-00427402 | |
| 30-12-2022 | abbreviated format | 31-08-2023 | 2023-00427617 | |
| 30-12-2021 | abbreviated format | 29-07-2022 | 2022-20267154 | |
| 30-12-2020 | abbreviated format | 30-09-2021 | 2021-71300503 | |
| 30-12-2019 | abbreviated format | 08-09-2020 | 2020-52700521 | |
| 30-12-2018 | abbreviated format | 30-06-2019 | 2019-27700202 | |
| 30-12-2017 | abbreviated format | 03-07-2018 | 2018-28200110 | |
| 30-12-2016 | abbreviated format | 30-06-2017 | 2017-25700050 | |
| 30-12-2015 | abbreviated format | 31-08-2016 | 2016-51100342 |