OLIN SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of OLIN SERVICES is 2.5% (moderate). The 2025 annual accounts show negative equity (€-43k) and a net result of €-48k. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability32
Solvency22
Growth-
Track record67
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3; short-term debt: 38.2% and cash: 2.1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-2.5%
Return on assets
-2.8%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€-43k
Total assets
€1.73M
Net result
€-48k
Working capital
€-461k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €1.72M
Fixed assets
€1.52M
Current assets
€200k
Key figures and ratios
EBITDA
€60k
Cash flow
€29k
Solvency
-2.5%
Current ratio
0.30
Debt to equity
-40.87
ROA
-2.8%
Interest coverage
1.96
Debt
€1.77M
Debt ≤ 1 year
€661k
Debt > 1 year
€1.11M
Income taxes
€24
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €78k |
| Other operating charges640/8 | €15k |
| Gross operating margin9900 | €74k |
| Operating profit (loss)9901 | €-18k |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €31k |
| Recurring financial charges65 | €31k |
| Profit (loss) for the period before taxes9903 | €-48k |
| Income taxes67/77 | €24 |
| Profit (loss) for the period9904 | €-48k |
| Profit (loss) for the period to be appropriated9905 | €-48k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1.73M | |
| Formation expenses20 | €8k | |
| Fixed assets21/28 | €1.52M | |
| Intangible fixed assets21 | €1.52M | |
| Current assets29/58 | €200k | |
| Amounts receivable within one year40/41 | €164k | |
| Trade receivables40 | €55k | |
| Other amounts receivable41 | €109k | |
| Cash at bank and in hand54/58 | €36k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1.73M | |
| Equity10/15 | €-43k | |
| Contributions10/11 | €5k | |
| Profit (loss) carried forward14 | €-48k | |
| Amounts payable17/49 | €1.77M | |
| Amounts payable after more than one year17 | €1.11M | |
| Financial debts170/4 | €1.11M | |
| Amounts payable within one year42/48 | €661k | |
| Current portion of amounts payable after more than one year42 | €167k | |
| Trade debts44 | €52k | |
| Suppliers440/4 | €52k | |
| Taxes, remuneration and social security45 | €24 | |
| Taxes450/3 | €24 | |
| Other amounts payable47/48 | €443k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €-48k |
| + Depreciation and write-downs630 | €78k |
| Operating cash flow (approximation) | €29k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Martens-Latem · 1 establishment unit since 2025
Ground area
1,872 m²
Building footprint
331 m²
Volume, LiDAR
2,316 m³
Parcel 44064A0498/00D000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
OLIN SERVICES
since 20252.377.038.151
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064A0498/00D000 | Flanders | 1,872 m² | 1 · 331 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded14-08-2025
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.