OLINGO SOFTWARE
ActiveSummary
OLINGO SOFTWARE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €42k. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 84% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+96
Solvency100▲+12
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 7.24 against 2.52 in 2024; short-term debt: 12.9% and cash: 48.6% of total assets), and 12.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
87.1%
Return on assets
28.4%
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 20-08-2026, 20 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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
26 d late
2023
98 d late
2022
122 d late
2021
11 d early
2020
26 d early
2019
36 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€42k
2024 · €-16k
2018: €72khighest in 8 years
2019: €56k▼ -22.7% vs 2018
2020: €43k▼ -23.4% vs 2019
2021: €-39k▼ -192% vs 2020lowest in 8 years
2022: €-31k▲ +20.8% vs 2021
2023: €49k▲ +257% vs 2022
2024: €-16k▼ -134% vs 2023
2025: €42k▲ +360% vs 2024
2018 → 2025
Working capital
€120k▲ 53.5%
2024 · €78k
2018: €172k
2019: €232k▲ +34.3% vs 2018
2020: €275k▲ +18.6% vs 2019highest in 8 years
2021: €213k▼ -22.4% vs 2020
2022: €152k▼ -28.5% vs 2021
2023: €127k▼ -16.6% vs 2022
2024: €78k▼ -38.6% vs 2023lowest in 8 years
2025: €120k▲ +53.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€236k-€177k▼ 25.3%€147k▼ 16.9%€87k▼ 40.4%€130k▲ 48.4%
2021: €236khighest in 5 years
2022: €177k▼ -25.3% vs 2021
2023: €147k▼ -16.9% vs 2022
2024: €87k▼ -40.4% vs 2023lowest in 5 years
2025: €130k▲ +48.4% vs 2024
Operating result€-39k-€-31k▲ 20.9%€49k€-15k€54k
2021: €-39klowest in 5 years
2022: €-31k▲ +20.9% vs 2021
2023: €49k▲ +259% vs 2022
2024: €-15k▼ -131% vs 2023
2025: €54k▲ +451% vs 2024highest in 5 years
Net result€-39k-€-31k▲ 20.8%€49k€-16k€42k
2021: €-39klowest in 5 years
2022: €-31k▲ +20.8% vs 2021
2023: €49k▲ +257% vs 2022highest in 5 years
2024: €-16k▼ -134% vs 2023
2025: €42k▲ +360% vs 2024
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €54k after a loss of €15k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€10k ▲ 6.5%
Current assets
€139k ▲ 7.3%
Equity and liabilities €149k
Equity
€130k ▲ 48.4%
Debt
€19k ▼ 62.7%
Debt's share of the balance-sheet total falls from 37.0% to 12.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €-5k
Cash flow
€48k▲
2024 · €-6k
Current ratio
7.24▲
2024 · 2.52
Debt to equity
0.15▼
2024 · 0.59
ROE
32.6%▲
2024 · -18.7%
ROA
28.4%▲
2024 · -11.8%
Interest coverage
394.03▲
2024 · -5.65
Debt ≤ 1 year
€19k▼
2024 · €51k
Income taxes
€11k▲
2024 · €184
Staff costs
€23k▲
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€139k€149k▲
Fixed assets21/28€9k€10k▲
Tangible fixed assets22/27€9k€10k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24€9k€9k▼
Financial fixed assets28€300€300=
Current assets29/58€130k€139k▲
Amounts receivable within one year40/41€64k€67k▲
Trade receivables40€42k€43k▲
Other amounts receivable41€21k€23k▲
Cash at bank and in hand54/58€66k€73k▲
Equity and liabilities
Total equity and liabilities10/49€139k€149k▲
Equity10/15€87k€130k▲
Contributions10/11€19k€19k=
Reserves13€2k€42k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€40k
Profit (loss) carried forward14€67k€69k▲
Amounts payable17/49€51k€19k▼
Amounts payable within one year42/48€51k€19k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€19k€18k▼
Taxes450/3€14k€18k▲
Remuneration and social security454/9€5k-
Other amounts payable47/48€30k-
Income statement
Code20242025
Remuneration, social security and pensions62€22k€23k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€6k▼
Other operating charges640/8€726€3k▲
Gross operating margin9900€18k€86k▲
Operating profit (loss)9901€-15k€54k▲
Financial charges65/66B€898€150▼
Recurring financial charges65€898€150▼
Profit (loss) for the period before taxes9903€-16k€53k▲
Income taxes67/77€184€11k▲
Profit (loss) for the period9904€-16k€42k▲
Profit (loss) for the period to be appropriated9905€-16k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€110k€109k▼
Profit (loss) brought forward from the previous period14P€126k€67k▼
Transfer to equity691/2-€40k
To other reserves6921-€40k
Profit to be distributed694/7€43k-
Return on contributions (dividend)694€43k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €16k | €18k | €21k | €22k | €23k | ▲ 5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €9k | €9k | €10k | €6k | ▼ 44.9% |
| Other operating charges640/8 | €850 | €556 | €912 | €726 | €3k | ▲ 329% |
| Gross operating margin9900 | €-16k | €-3k | €80k | €18k | €86k | ▲ 384% |
| Operating profit (loss)9901 | €-39k | €-31k | €49k | €-15k | €54k | ▲ 451% |
| Financial income75/76B | €0 | €17 | €5 | - | - | - |
| Recurring financial income75 | €0 | €17 | €5 | - | - | - |
| Financial charges65/66B | €257 | €113 | €155 | €898 | €150 | ▼ 83.3% |
| Recurring financial charges65 | €257 | €113 | €155 | €898 | €150 | ▼ 83.3% |
| Profit (loss) for the period before taxes9903 | €-39k | €-31k | €49k | €-16k | €53k | ▲ 431% |
| Income taxes67/77 | - | €168 | €178 | €184 | €11k | ▲ 5,891% |
| Profit (loss) for the period9904 | €-39k | €-31k | €49k | €-16k | €42k | ▲ 360% |
| Profit (loss) for the period to be appropriated9905 | €-39k | €-31k | €49k | €-16k | €42k | ▲ 360% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €254k | €215k | €234k | €139k | €149k | ▲ 7.3% |
| Fixed assets21/28 | €23k | €24k | €20k | €9k | €10k | ▲ 6.5% |
| Tangible fixed assets22/27 | €23k | €24k | €19k | €9k | €10k | ▲ 6.7% |
| Plant, machinery and equipment23 | - | - | - | - | €1k | - |
| Furniture and vehicles24 | €23k | €24k | €19k | €9k | €9k | ▼ 6.7% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €230k | €191k | €214k | €130k | €139k | ▲ 7.3% |
| Amounts receivable within one year40/41 | €16k | €35k | €88k | €64k | €67k | ▲ 4.7% |
| Trade receivables40 | - | €20k | €67k | €42k | €43k | ▲ 1.9% |
| Other amounts receivable41 | €16k | €15k | €21k | €21k | €23k | ▲ 10.3% |
| Cash at bank and in hand54/58 | €215k | €155k | €125k | €66k | €73k | ▲ 9.9% |
| Deferred charges and accrued income490/1 | - | €534 | €497 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €254k | €215k | €234k | €139k | €149k | ▲ 7.3% |
| Equity10/15 | €236k | €177k | €147k | €87k | €130k | ▲ 48.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €42k | ▲ 2,151% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | - | - | - | €40k | - |
| Profit (loss) carried forward14 | €216k | €156k | €126k | €67k | €69k | ▲ 3.6% |
| Amounts payable17/49 | €17k | €38k | €87k | €51k | €19k | ▼ 62.7% |
| Amounts payable within one year42/48 | €17k | €38k | €87k | €51k | €19k | ▼ 62.7% |
| Trade debts44 | €8k | €4k | €785 | €2k | €1k | ▼ 43.8% |
| Suppliers440/4 | €8k | €4k | €785 | €2k | €1k | ▼ 43.8% |
| Taxes, remuneration and social security45 | €10k | €15k | €31k | €19k | €18k | ▼ 6.1% |
| Taxes450/3 | €1k | €11k | €27k | €14k | €18k | ▲ 25.8% |
| Remuneration and social security454/9 | €9k | €4k | €4k | €5k | - | - |
| Other amounts payable47/48 | - | €20k | €55k | €30k | - | - |
| Accrued charges and deferred income492/3 | - | - | €35 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-39k | €-31k | €49k | €-16k | €42k | ▲ 360% |
| + Depreciation and write-downs630 | €6k | €9k | €9k | €10k | €6k | ▼ 44.9% |
| Operating cash flow (approximation) | €-34k | €-22k | €58k | €-6k | €48k | ▲ 880% |
| Investment in fixed assets (approximation) | - | €-10k | €-4k | €0 | €-6k | - |
| Change in cash | - | €-60k | €-30k | €-59k | €7k | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 7.24
Current ratio from 2.52 to 7.24; short-term debt falls from €51k to €19k.
31-12
Financial
Equity above €100kEq €130k ▲48.4%
Equity rises from €87k to €130k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 98 days late
2023
31-12
Financial
Back to profitnet €49k
Net result €49k after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 36 days late
Show earlier events
2019
31-12
Financial
Equity above €200kEq €233k ▲31.7%
2 profitable years in a row build equity to €233k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Namur · 1 establishment unit since 2004
Ground area
2,670 m²
Building footprint
333 m²
Volume, LiDAR
622 m³
2 parcels, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Olingo Software
since 20042.144.247.950
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92108B0346/00F000 | Wallonia | 2,430 m² | 1 · 107 m² | 7.0 m · 2 fl. |
| 92108B0355/00Y000 | Wallonia | 240 m² | 1 · 226 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,425 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
69209Other tax advisory services
62100Computer programming
73110Advertising agencies
Contact
Phone
083/65.54.18Namur
Fax
083/65.54.18Namur
Scores and ratios are computed by Checked and are not a credit decision.