OLINOX-CREATIONS
ActiveOLINOX-CREATIONS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €104k and a net result of €-29k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 21% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability44▼-37
Solvency44▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.8 in 2023; short-term debt: 41.5% and cash: 16.8% of total assets), and 80.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
19.2%
Return on assets
-5.3%
Age of the figures
21 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 36376 sector peers (2024).
NBB · sector comparisonPosition among 36376 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
29 d late
2022
29 d late
2021
78 d late
2020
108 d late
2019
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€104k▼ 21.8%
2023 · €133k
2018: €67k
2019: €71k
2020: €76k
2021: €104k
2022: €112k
2023: €133k
2018 → 2024
Total assets
€544k▼ 3.7%
2023 · €564k
2018: €593k
2019: €620k
2020: €644k
2021: €638k
2022: €568k
2023: €564k
2018 → 2024
Net result
€-29k
2023 · €54k
2018: €-10k
2019: €8k
2020: €26k
2021: €28k
2022: €8k
2023: €54k
2018 → 2024
Working capital
€-72k▼ 119%
2023 · €-33k
2018: €-33k
2019: €-49k
2020: €-48k
2021: €-35k
2022: €-26k
2023: €-33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€76k-€104k▲ 37.6%€112k▲ 8.1%€133k▲ 18.4%€104k▼ 21.8%
Operating result€50k-€58k▲ 14.9%€31k▼ 47.3%€93k▲ 206%€6k▼ 93.3%
Net result€26k-€28k▲ 9.5%€8k▼ 70.2%€54k▲ 543%€-29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 93% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €544k
Fixed assets
€390k▼ 9.0%
Current assets
€153k▲ 13.2%
Equity and liabilities €544k
Equity
€104k▼ 21.8%
Debt
€439k▲ 1.9%
The debt ratio rises from 76.4% to 80.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€65k▼
2023 · €152k
Cash flow
€29k▼
2023 · €113k
Solvency
19.2%▼
2023 · 23.6%
Current ratio
0.68▼
2023 · 0.80
Quick ratio
0.59▼
2023 · 0.69
Debt / equity
4.22▲
2023 · 3.24
ROE
-27.9%▼
2023 · 40.9%
ROA
-5.3%▼
2023 · 9.7%
Interest coverage
3.88▼
2023 · 9.45
Debt
€439k▲
2023 · €431k
Debt ≤ 1 year
€226k▲
2023 · €169k
Debt > 1 year
€212k▼
2023 · €261k
Income taxes
€320▼
2023 · €16k
Staff costs
€33k▼
2023 · €61k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€564k€544k▼
Fixed assets21/28€429k€390k▼
Tangible fixed assets22/27€429k€390k▼
Land and buildings22€301k€275k▼
Plant, machinery and equipment23€88k€91k▲
Furniture and vehicles24€2k€917▼
Leasing and similar rights25€37k€23k▼
Current assets29/58€136k€153k▲
Stocks and contracts in progress3€19k€21k▲
Stocks30/36€19k€21k▲
Amounts receivable within one year40/41€52k€35k▼
Trade receivables40€35k€17k▼
Other amounts receivable41€16k€17k▲
Cash at bank and in hand54/58€61k€91k▲
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€564k€544k▼
Equity10/15€133k€104k▼
Contributions10/11€3k€3k=
Outside capital11€3k-
Other1109/19€3k-
Reserves13€129k€99k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€127k€97k▼
Profit (loss) carried forward14€1k€2k▲
Amounts payable17/49€431k€439k▲
Amounts payable after more than one year17€261k€212k▼
Financial debts170/4€261k€212k▼
Amounts payable within one year42/48€169k€226k▲
Current portion of amounts payable after more than one year42€48k€50k▲
Trade debts44€12k€41k▲
Suppliers440/4€12k€41k▲
Advances received on contracts in progress46€60k€98k▲
Taxes, remuneration and social security45€18k€16k▼
Taxes450/3€11k€12k▲
Remuneration and social security454/9€6k€4k▼
Other amounts payable47/48€31k€21k▼
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€61k€33k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€58k▼
Gross operating margin9900€214k€97k▼
Operating profit (loss)9901€93k€6k▼
Financial income75/76B€107€893▲
Recurring financial income75€107€580▲
Non-recurring financial income76B-€314
Financial charges65/66B€23k€36k▲
Recurring financial charges65€16k€17k▲
Non-recurring financial charges66B€7k€19k▲
Profit (loss) for the period before taxes9903€71k€-29k▼
Income taxes67/77€16k€320▼
Profit (loss) for the period9904€54k€-29k▼
Profit (loss) for the period to be appropriated9905€54k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€-28k▼
Profit (loss) brought forward from the previous period14P€5k€1k▼
Transfer from equity791/2€31k€30k▼
Transfer to equity691/2€59k-
To other reserves6921€59k-
Profit to be distributed694/7€31k-
Return on contributions (dividend)694€31k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-29k ▼153%
Net result drops to €-29k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €54k ▲543%
Operating result €93k, net result €54k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Equity above €100kEq €104k ▲37.6%
3 profitable years in a row build equity to €104k.
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Estaimpuis · 1 establishment unit since 2011
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.
Rue du Quai (SL) 87730 EstaimpuisGround area
2,483 m²
Building footprint
490 m²
Volume, LiDAR
3,225 m³
Parcel 57075C0043/00F000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Quai (SL) 8, 7730 Estaimpuis
since 20112.200.618.610
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57075C0043/00F000 | Wallonia | 2,483 m² | 1 · 490 m² | 7.5 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
PAUL GADEYNE
BE 0874.966.427
Middelkerke · Eq €104k
JOERY DE FEYTER
BE 0479.054.591
Zoersel · Eq €104k
PIETRI
BE 0764.427.504
Malmedy · Eq €104k
THS-INTERIEUR
BE 1021.316.166
Ingelmunster · Eq €104k
BRUYNSEELS IVAN
BE 0455.433.509
Zoersel · Eq €104k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 7,720 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-2011
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
43320Joinery installation
25401Forging of metal
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.