OLIO
ActiveSummary
OLIO has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14,147 and a net result of €17,106. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+97
Solvency67▲+53
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.63 against 0.83 in 2023; short-term debt: 57.7% and cash: 40.8% of total assets), but 57.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
42.3%
Return on assets
51.2%
Age of the figures
21 mo
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 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
22 d early
2022
5 d early
2021
on the day
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 9 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#4 oldest company in Fleurus, Wholesale and retail trade sector
Equity
€14,147
2023 · -€2,959
Total assets
€33,441▲ 27.1%
2023 · €26,318
Net result
€17,106
2023 · -€3,844
Working capital
€12,169
2023 · -€4,967
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€2,820€21,374▲ 658%-€1,437-€1,200▲ 16.5%€20,764
Net result€2,631within the sector's middle half€21,230within the sector's middle half▲ 707%-€2,405within the sector's middle half-€3,844within the sector's middle half▼ 59.8%€17,106within the sector's middle half
Equity-€17,940below the sector's middle half▲ 12.8%€3,290below the sector's middle half€885below the sector's middle half▼ 73.1%-€2,959below the sector's middle half€14,147within the sector's middle half
Total assets€15,158below the sector's middle half▲ 26.0%€38,519below the sector's middle half▲ 154%€32,010below the sector's middle half▼ 16.9%€26,318below the sector's middle half▼ 17.8%€33,441below the sector's middle half▲ 27.1%
Debt€33,098▲ 1.5%€35,228▲ 6.4%€31,125▼ 11.6%€29,277▼ 5.9%€19,294▼ 34.1%
Working capital-€21,825below the sector's middle half▲ 16.5%-€600within the sector's middle half▲ 97.3%-€2,028within the sector's middle half▼ 238%-€4,967within the sector's middle half▼ 145%€12,169within the sector's middle half
Solvency-118.3%below the sector's middle half▲ 52.6pp8.5%within the sector's middle half▲ 126.9pp2.8%below the sector's middle half▼ 5.8pp-11.2%below the sector's middle half▼ 14.0pp42.3%within the sector's middle half▲ 53.5pp
Current ratio0.34below the sector's middle half▲ 0.140.98within the sector's middle half▲ 0.640.93within the sector's middle half▼ 0.050.83below the sector's middle half▼ 0.101.63within the sector's middle half▲ 0.80
Return on assets (ROA)17.4%above the sector's middle half▲ 98.6pp55.1%above the sector's middle half▲ 37.8pp-7.5%below the sector's middle half▼ 62.6pp-14.6%below the sector's middle half▼ 7.1pp51.2%above the sector's middle half▲ 65.8pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €20,764 after a loss of €1,200 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33,441
Fixed assets
€1,978 ▼ 1.5%
Current assets
€31,463 ▲ 29.4%
Equity and liabilities €33,441
Equity
€14,147
Debt
€19,294
Debt finances 57.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€21,798▲
2023 · €695
Cash flow
€18,140▲
2023 · -€1,949
Quick ratio
1.02▲
2023 · 0.52
Debt to equity
1.36▲
2023 · -9.89
ROE
120.9%
Interest coverage
6.35▲
2023 · 0.28
Debt ≤ 1 year
€19,294▼
2023 · €29,277
Income taxes
€255▲
2023 · €126
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €292 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,694 | €1,392 | €1,720 | €1,895 | €1,034 | ▼ 45.5% |
| Gross operating margin9900 | €4,514 | €22,766 | €283 | €695 | €21,798 | ▲ 3,035% |
| Operating profit (loss)9901 | €2,820 | €21,374 | -€1,437 | -€1,200 | €20,764 | ▲ 1,831% |
| Financial income75/76B | - | €1 | €1 | €0 | €30 | ▲ 21,164% |
| Recurring financial income75 | - | €1 | €1 | €0 | €30 | ▲ 21,164% |
| Financial charges65/66B | - | €144 | €968 | €2,519 | €3,432 | ▲ 36.3% |
| Recurring financial charges65 | €189 | €144 | €947 | €2,519 | €3,432 | ▲ 36.3% |
| Non-recurring financial charges66B | - | - | €21 | - | - | - |
| Profit (loss) for the period before taxes9903 | €2,631 | €21,230 | -€2,405 | -€3,718 | €17,361 | ▲ 567% |
| Income taxes67/77 | - | - | - | €126 | €255 | ▲ 103% |
| Profit (loss) for the period9904 | €2,631 | €21,230 | -€2,405 | -€3,844 | €17,106 | ▲ 545% |
| Profit (loss) for the period to be appropriated9905 | €2,631 | €21,230 | -€2,405 | -€3,844 | €17,106 | ▲ 545% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15,158 | €38,519 | €32,010 | €26,318 | €33,441 | ▲ 27.1% |
| Fixed assets21/28 | €3,886 | €3,890 | €2,913 | €2,008 | €1,978 | ▼ 1.5% |
| Tangible fixed assets22/27 | €3,886 | €3,890 | €2,913 | €2,008 | €1,978 | ▼ 1.5% |
| Plant, machinery and equipment23 | - | €2,314 | €1,823 | €518 | €369 | ▼ 28.7% |
| Furniture and vehicles24 | - | €1,576 | €1,090 | €1,490 | €1,609 | ▲ 8.0% |
| Current assets29/58 | €11,273 | €34,629 | €29,097 | €24,310 | €31,463 | ▲ 29.4% |
| Stocks and contracts in progress3 | €8,012 | €10,785 | €7,494 | €9,136 | €11,873 | ▲ 30.0% |
| Stocks30/36 | - | €10,785 | €7,494 | €9,136 | €11,873 | ▲ 30.0% |
| Amounts receivable within one year40/41 | €232 | €488 | €6,125 | €5,884 | €1,964 | ▼ 66.6% |
| Trade receivables40 | - | €488 | €6,125 | €5,068 | €487 | ▼ 90.4% |
| Other amounts receivable41 | - | - | - | €816 | €1,478 | ▲ 81.2% |
| Cash at bank and in hand54/58 | €3,029 | €23,355 | €15,478 | €4,234 | €13,634 | ▲ 222% |
| Deferred charges and accrued income490/1 | - | - | - | €5,056 | €3,991 | ▼ 21.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15,158 | €38,519 | €32,010 | €26,318 | €33,441 | ▲ 27.1% |
| Equity10/15 | -€17,940 | €3,290 | €885 | -€2,959 | €14,147 | ▲ 578% |
| Contributions10/11 | - | €70,200 | €70,200 | €70,200 | €70,200 | = |
| Reserves13 | €365,523 | €365,523 | €365,523 | €365,523 | €365,523 | = |
| Distributable reserves133 | - | €365,523 | €365,523 | €365,523 | €365,523 | = |
| Profit (loss) carried forward14 | -€453,663 | -€432,433 | -€434,838 | -€438,682 | -€421,576 | ▲ 3.9% |
| Amounts payable17/49 | €33,098 | €35,228 | €31,125 | €29,277 | €19,294 | ▼ 34.1% |
| Amounts payable within one year42/48 | €33,098 | €35,228 | €31,125 | €29,277 | €19,294 | ▼ 34.1% |
| Trade debts44 | - | €1,602 | €7,105 | €7,771 | €307 | ▼ 96.1% |
| Suppliers440/4 | - | €1,602 | €7,105 | €7,771 | €307 | ▼ 96.1% |
| Taxes, remuneration and social security45 | - | €3,809 | €3,090 | €3,041 | - | - |
| Taxes450/3 | - | €3,809 | €3,090 | €3,041 | - | - |
| Other amounts payable47/48 | - | €29,818 | €20,930 | €18,464 | €18,987 | ▲ 2.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,631 | €21,230 | -€2,405 | -€3,844 | €17,106 | ▲ 545% |
| + Depreciation and write-downs630 | €1,694 | €1,392 | €1,720 | €1,895 | €1,034 | ▼ 45.5% |
| Operating cash flow (approximation) | €4,325 | €22,622 | -€685 | -€1,949 | €18,140 | ▲ 1,031% |
| Investment in fixed assets (approximation) | - | -€1,396 | -€743 | -€990 | -€1,004 | ▼ 1.4% |
| Change in cash | - | €20,326 | -€7,878 | -€11,244 | €9,401 | ▲ 184% |
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
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €17,106
Net result €17,106 after 2 loss-making years.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €21,230 ▲707%
Operating result €21,374, net result €21,230, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €2,631
Net result €2,631 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€9,774
Net result drops to -€9,774, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 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, Fleurus · 1 establishment unit since 1970
Ground area
157 m²
Building footprint
103 m²
Volume, LiDAR
703 m³
Parcel 52032A0405/00H000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Olio
since 19702.004.172.329
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52032A0405/00H000 | Wallonia | 157 m² | 1 · 103 m² | 8.3 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.
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Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 2,387 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
Founded01-01-1970
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406928262
Also
9925:BE0406928262
Registered
25-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.