Equity
OLIMAR paid out €4,000 in dividends. That is 65% of the 2025 profit.
OLIMAR paid out €4,000 in dividends. That is 65% of the 2025 profit.
Green is investment, beige is depreciation.
Latest accounts filed late: after the legal deadline.
The dashed line is the sector median: < 0.1% across 24,192 companies (NACE 86, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 86, micro). It does better than 57% of them on solvency, 57% on liquidity, 23% on profitability and 44% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 34,693 companies had the same profile as OLIMAR has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of OLIMAR itself: 0.1% within 12 months.
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 34,693 companies, not a prediction for OLIMAR. 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.
Liquidity is ample, with a current ratio of 3.27 (3.31 in 2024), above the usual 1.5. Short-term debt is 17.6% and cash 24.5% of total assets. 30.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| OLIMAR Nivelles | €85,024 | €14,361 | 69.3% | - |
| VALHANSEN Watermael-Boitsfort | €94,638 | €15,217 | 28.8% | - |
| Dokter Janssens Jacques Hasselt | €108,900 | €12,445 | 43.4% | - |
| DR. WAJER, GYNAECOLOOG Vilvoorde | €109,058 | €14,873 | 31.0% | - |
| PSYCHIATRIE LEBRUN Woluwe-Saint-Lambert | €120,798 | €14,656 | 99.0% | - |
| DR. S. VAN BOUWEL Stabroek | €89,333 | €18,969 | 84.2% | - |
| Dr. EYKERMAN Magali Mons | €81,778 | €19,594 | 44.3% | - |
These companies have the same main activity as OLIMAR: specialist medical practice (NACE 86220). They are comparable in size and age: total assets between €81,800 and €121,000, founded between 2004 and 2012.
OLIMAR files the abbreviated format. That format states no turnover. The gross margin rose from €7,026 in 2009 to €14,361 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 59% of 3,053 companies in 2025.
Higher than 59% of 2,997 companies in 2025.
Higher than 29% of 3,009 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
85,024 | 89,741 | 66,999 | 53,953 | 59,663 | 71,485 | 88,247 | 96,990 | 71,173 | 70,916 | 55,066 | 68,883 | 52,421 | 30,043 | 26,228 | 28,841 | 23,419 | |
21/28 |
35,928 | 25,159 | 25,940 | 28,323 | 37,268 | 49,212 | 59,278 | 70,500 | 32,160 | 27,880 | 660 | 263 | 1,131 | 2,186 | 616 | 1,604 | 1,334 | |
22/27 |
35,818 | 25,049 | 25,830 | 28,213 | 37,158 | 49,102 | 59,168 | 70,390 | 31,490 | 27,210 | 550 | 153 | 1,021 | 2,076 | 506 | 1,494 | 1,244 | |
24 |
13,274 | 1,387 | 1,050 | 2,314 | 3,178 | 1,184 | 240 | 452 | - | - | 550 | 153 | 1,021 | 2,076 | 506 | 1,494 | 1,244 | |
25 |
- | - | - | - | 6,964 | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
22,544 | 23,662 | 24,781 | 25,899 | 27,017 | 28,135 | 29,254 | 30,372 | 31,490 | 27,210 | - | - | - | - | - | - | - | |
28 |
110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 670 | 670 | 110 | 110 | 110 | 110 | 110 | 110 | 90 | |
29/58 |
49,096 | 64,582 | 41,059 | 25,631 | 22,395 | 22,273 | 28,969 | 26,490 | 39,013 | 43,035 | 54,406 | 68,621 | 51,290 | 27,857 | 25,612 | 27,237 | 22,086 | |
40/41 |
26,985 | 29,136 | 26,758 | 17,266 | 8,501 | 15,218 | 22,577 | 18,053 | 21,373 | 26,466 | 42,793 | 55,611 | 44,553 | 21,603 | 17,592 | 19,446 | 21,235 | |
40 |
5,828 | 8,706 | 3,200 | 3,405 | 3,200 | - | 85 | - | - | - | - | - | - | - | - | - | - | |
41 |
21,157 | 20,430 | 23,558 | 13,860 | 5,301 | 15,218 | 22,492 | 18,053 | 21,373 | 26,466 | 42,793 | 55,611 | 44,553 | 21,603 | 17,592 | 19,446 | 21,235 | |
54/58 |
20,798 | 35,445 | 3,253 | 386 | 3,071 | 0 | 1 | 1,399 | 0 | 72 | 365 | 469 | 9 | 9 | 9 | 9 | 1 | |
490/1 |
1,312 | - | 11,047 | 7,980 | 10,823 | 7,055 | 6,391 | 7,038 | 17,640 | 16,497 | 11,248 | 12,541 | 6,728 | 6,246 | 8,011 | 7,782 | 849 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
85,024 | 89,741 | 66,999 | 53,953 | 59,663 | 71,485 | 88,247 | 96,990 | 71,173 | 70,916 | 55,066 | 68,883 | 52,421 | 30,043 | 26,228 | 28,841 | 23,419 | |
10/15 |
58,903 | 56,717 | 38,398 | 19,948 | 18,569 | 16,851 | 18,416 | 12,876 | 24,124 | 28,170 | 26,784 | 23,594 | 22,831 | 10,291 | 8,269 | 7,263 | 10,511 | |
10/11 |
8,060 | 8,060 | 8,060 | 6,200 | 8,060 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
8,060 | 8,060 | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
8,060 | 20,460 | - | 18,600 | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | 12,400 | - | 12,400 | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
29,000 | 29,000 | 29,000 | 20,860 | 19,000 | 20,860 | 20,860 | 20,860 | 20,860 | 20,860 | 19,860 | 15,860 | 15,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | - | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | 1,860 | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
133 |
29,000 | 29,000 | 29,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 18,000 | 14,000 | 14,000 | - | - | - | - | |
14 |
21,843 | 19,657 | 1,338 | -7,112 | -8,491 | -10,209 | -8,644 | -14,184 | -2,936 | 1,110 | 724 | 1,534 | 771 | 2,231 | 209 | -797 | 2,451 | |
17/49 |
26,121 | 33,024 | 28,602 | 34,006 | 41,095 | 54,634 | 69,831 | 84,114 | 47,049 | 42,746 | 28,282 | 45,289 | 29,590 | 19,753 | 17,959 | 21,578 | 12,908 | |
17 |
11,124 | 13,521 | 15,555 | 17,540 | 26,031 | 33,220 | 43,589 | 54,826 | 26,758 | 22,153 | - | - | - | - | - | - | - | |
170/4 |
11,124 | 13,521 | 15,555 | 17,540 | 26,031 | 33,220 | 43,589 | 54,826 | 26,758 | 22,153 | - | - | - | - | - | - | - | |
42/48 |
14,997 | 19,504 | 13,047 | 16,466 | 15,063 | 21,413 | 26,243 | 29,288 | 20,136 | 19,909 | 28,281 | 45,025 | 29,375 | 19,544 | 17,778 | 21,426 | 12,908 | |
42 |
5,147 | 4,784 | 4,735 | 11,559 | 9,450 | 13,118 | 14,207 | 14,943 | 4,461 | 4,281 | 4,903 | 3,774 | 797 | 1,775 | - | - | - | |
43 |
- | - | - | - | - | 3,448 | 7,401 | 6,993 | 7,419 | 6,613 | 7,308 | 14,721 | 7,131 | 6,763 | 8,029 | 4,985 | 3,425 | |
430/8 |
- | - | - | - | - | 3,448 | 7,401 | 6,993 | 7,419 | 6,613 | 7,308 | 14,721 | 7,131 | 6,763 | 8,029 | 4,985 | 3,425 | |
44 |
124 | 797 | 2,486 | 3,146 | 4,713 | 3,091 | 2,857 | 7,352 | 7,516 | 6,981 | 6,912 | 16,396 | 7,917 | 3,180 | 3,456 | 8,513 | 4,369 | |
440/4 |
124 | 797 | 2,486 | 3,146 | 4,713 | 3,091 | 2,857 | 7,352 | 7,516 | 6,981 | 6,912 | 16,396 | 7,917 | 3,180 | 3,456 | 8,513 | 4,369 | |
45 |
5,726 | 13,923 | 5,826 | 1,762 | 899 | 1,755 | 1,777 | - | 740 | 2,034 | 2,783 | 10,134 | 13,531 | 7,827 | 6,293 | 7,929 | 5,114 | |
450/3 |
5,362 | 11,006 | 5,826 | 1,762 | 899 | 1,755 | 1,777 | - | 740 | 2,034 | 2,783 | 10,134 | 13,531 | 7,827 | 6,293 | 7,929 | 5,114 | |
454/9 |
364 | 2,916 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
4,000 | - | - | - | - | - | - | - | - | - | 6,375 | - | - | - | - | - | - | |
492/3 |
- | - | - | - | - | - | - | - | 155 | 684 | 1 | 264 | 214 | 209 | 181 | 151 | - | |
| Income statement | ||||||||||||||||||
70 |
- | 204,065 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
- | - | - | - | - | - | - | 3,763 | - | - | - | - | - | - | - | - | - | |
9900 |
14,361 | 32,772 | 21,530 | 17,900 | 22,284 | 15,746 | 25,234 | 4,561 | 2,324 | 10,732 | 12,675 | -473 | 15,767 | 2,934 | -1 | -1,594 | 7,026 | |
60/61 |
- | 171,293 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
1,736 | 2,180 | 2,976 | 9,825 | 9,071 | 11,567 | 11,250 | 11,462 | 1,118 | 1,488 | 703 | 869 | 1,513 | 1,866 | 988 | 1,267 | 761 | |
640/8 |
575 | 848 | 811 | 920 | 806 | 687 | 780 | 1,273 | 790 | 775 | 808 | 1,854 | 1,064 | 908 | 1,010 | 990 | 742 | |
66A |
- | - | - | - | - | - | 452 | 400 | - | - | - | - | - | - | - | - | - | |
9901 |
12,050 | 29,744 | 17,743 | 7,156 | 12,407 | 3,492 | 13,205 | -8,575 | 415 | 8,469 | 11,164 | -3,197 | 13,191 | 160 | -1,999 | -3,851 | 5,522 | |
75/76B |
70 | - | 11,674 | 622 | 648 | 0 | 0 | 459 | 514 | 520 | 471 | 12,026 | 8,583 | 8,088 | 7,432 | 5,955 | 4,285 | |
75 |
70 | - | 11,674 | 622 | 648 | 0 | 0 | 459 | 514 | 520 | 471 | 12,026 | 8,583 | 8,088 | 7,432 | 5,955 | 4,285 | |
65/66B |
1,992 | 2,203 | 2,703 | 2,537 | 7,438 | 2,442 | 2,826 | 2,544 | 2,651 | 3,901 | 3,887 | 3,781 | 1,638 | 1,665 | 1,607 | 1,855 | 381 | |
65 |
1,992 | 2,203 | 2,703 | 2,537 | 2,586 | 2,442 | 2,374 | 2,544 | 2,651 | 3,901 | 3,887 | 3,781 | 1,638 | 1,665 | 1,607 | 1,855 | 381 | |
66B |
- | - | - | - | 4,852 | - | 452 | - | - | - | - | - | - | - | - | - | - | |
9903 |
10,128 | 27,540 | 26,714 | 5,241 | 5,617 | 1,050 | 10,378 | -10,660 | -1,722 | 5,089 | 7,748 | 5,049 | 20,136 | 6,583 | 3,827 | 249 | 9,426 | |
67/77 |
3,941 | 9,221 | 8,264 | 3,862 | 3,899 | 2,614 | 4,838 | 588 | 2,324 | 3,703 | 4,558 | 4,286 | 7,595 | 4,561 | 2,821 | 3,497 | 5,114 | |
9904 |
6,187 | 18,319 | 18,450 | 1,379 | 1,717 | -1,564 | 5,540 | -11,248 | -4,046 | 1,386 | 3,190 | 762 | 12,541 | 2,022 | 1,006 | -3,248 | 4,311 | |
9905 |
6,187 | 18,319 | 18,450 | 1,379 | 1,717 | -1,564 | 5,540 | -11,248 | -4,046 | 1,386 | 3,190 | 762 | 12,541 | 2,022 | 1,006 | -3,248 | 4,311 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
25,843 | 19,657 | 11,338 | -7,112 | -8,491 | -10,209 | -8,644 | -14,184 | -2,936 | 2,110 | 4,724 | 1,534 | 14,771 | 2,231 | 209 | -797 | 4,311 | |
14P |
19,657 | 1,338 | -7,112 | -8,491 | -10,209 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 10,000 | - | - | - | - | - | - | 1,000 | 4,000 | - | 14,000 | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | 10,000 | - | - | - | - | - | - | 1,000 | 4,000 | - | 14,000 | - | - | - | - | |
694/7 |
4,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
4,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-10-2026.
2025 annual accounts filed 77 days after the deadline. Filed on 16 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00560385.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-10-2026 | 2026-00560385 | |
| 31-12-2024 | micro format | 08-10-2025 | 2025-00540980 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00205420 | |
| 31-12-2022 | micro format | 01-08-2023 | 2023-00320276 | |
| 31-12-2021 | full format | 16-09-2022 | 2022-20433384 | |
| 31-12-2020 | full format | 01-06-2021 | 2021-17400138 | |
| 31-12-2019 | full format | 13-07-2020 | 2020-30300409 | |
| 31-12-2018 | full format | 06-08-2019 | 2019-44200594 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-42200435 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-49900206 | |
| 31-12-2015 | full format | 01-07-2016 | 2016-26500019 | |
| 31-12-2014 | full format | 09-10-2015 | 2015-64700334 | |
| 31-12-2013 | full format | 31-10-2014 | 2014-66700531 | |
| 31-12-2012 | full format | 02-10-2013 | 2013-62000264 | |
| 31-12-2011 | full format | 25-07-2012 | 2012-35700392 | |
| 31-12-2010 | full format | 04-08-2011 | 2011-38400566 | |
| 31-12-2009 | full format | 24-08-2010 | 2010-48200018 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13,785 | 31,924 | 20,719 | 16,981 | 21,478 | 15,059 | 24,454 | 2,887 | 1,534 | 9,958 | 11,867 | -2,328 | 14,704 | 2,026 | -1,011 | -2,583 | 6,283 | ||
| 7,922 | 20,499 | 21,426 | 11,204 | 10,788 | 10,003 | 16,790 | 214 | -2,927 | 2,874 | 3,893 | 1,631 | 14,053 | 3,888 | 1,994 | -1,981 | 5,072 | ||
| 12,505 | 1,399 | 594 | 879 | 5,179 | 1,501 | 480 | 56,500 | 5,398 | 28,708 | 1,100 | 0 | 458 | 3,436 | 0 | 1,537 | 2,095 | ||
| -14,647 | 32,192 | 2,868 | -2,685 | 3,071 | -1 | -1,398 | 1,399 | -72 | -292 | -104 | 460 | 0 | 0 | 0 | 8 | - | ||
| 34,099 | 45,078 | 28,012 | 9,165 | 7,332 | 860 | 2,726 | -2,798 | 18,877 | 23,126 | 26,125 | 23,595 | 21,914 | 8,314 | 7,834 | 5,811 | 9,177 | ||
| - | 14.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 69.3% | 63.2% | 57.3% | 37.0% | 31.1% | 23.6% | 20.9% | 13.3% | 33.9% | 39.7% | 48.6% | 34.3% | 43.6% | 34.3% | 31.5% | 25.2% | 44.9% | ||
| 3.27 | 3.31 | 3.15 | 1.56 | 1.49 | 1.04 | 1.10 | 0.90 | 1.94 | 2.16 | 1.92 | 1.52 | 1.75 | 1.43 | 1.44 | 1.27 | 1.71 | ||
| 0.44 | 0.58 | 0.74 | 1.70 | 2.21 | 3.24 | 3.79 | 6.53 | 1.95 | 1.52 | 1.06 | 1.92 | 1.30 | 1.92 | 2.17 | 2.97 | 1.23 | ||
| 10.5% | 32.3% | 48.1% | 6.9% | 9.2% | -9.3% | 30.1% | -87.4% | -16.8% | 4.9% | 11.9% | 3.2% | 54.9% | 19.6% | 12.2% | -44.7% | 41.0% | ||
| 7.3% | 20.4% | 27.5% | 2.6% | 2.9% | -2.2% | 6.3% | -11.6% | -5.7% | 2.0% | 5.8% | 1.1% | 23.9% | 6.7% | 3.8% | -11.3% | 18.4% | ||
| 6.92 | 14.49 | 7.66 | 6.69 | 8.30 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | 16 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | 2 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €12,505 | €1,399 | €594 | €879 | €5,179 |
| €1,736 | €2,180 | €2,976 | €9,825 | €9,071 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 59% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 36.8% to 30.7%. Equity is higher and debt is lower.
Older annual accounts also name 1 natural person.
Source: shareholder structure in its own accounts
OLIMAR has no parent and no holdings in its annual accounts.
The network starts from the directors of OLIMAR. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Chemin du Château 5 registered office 1400 Nivelles |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25783F0440/00F000 | 674 m² | 1 · 98 m² | 7.7 m · 2 |
If something looks wrong or is missing, please tell us.