Skip to content

OLIPHARM

Active
Private limited companyfounded 2011active for 15 yearsLijsterbessebomenlaan 25, 1180 Ukkel, Belgium61 active companies are registered at this addressKBO/BCE: BE 0840.562.012
Summary

OLIPHARM has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143,156 and a net result of €3,720. Equity is growing by about 55% per year across the filed financial years. Its solvency ranks better than 30% of 11,207 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
≈ €18,000turnover 2025, estimated
Equity
€143,156
Profit
€3,720
Turnover estimated from the gross margin
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Holdings
11
2025 accounts 1 day early1 of 5 deeds summarised
Why 88raises riskEquity €143,156 (10.9% of total assets)Liquidity: current ratio 24.46, cash €5,429lowers riskSize: total assets €1.3mFigures for financial year 2025 (filed 04-08-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Weak
Solvency 36=
equity 10.9% of total assets
Liquidity 51=
short-term debt 0.4% · cash 0.4%
Profitability 38+1
return on assets 0.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,631 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.2%▲ +0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity ample (current ratio 24.46, compared with 9.34 in 2024, above the usual 1.5; short-term debt: 0.4% and cash: 0.4% of total assets), but 89.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 32% on solvency, 54% on liquidity, 34% on profitability and 54% on growth.

The bankruptcy probability was computed on 29-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €143,156 (10.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 04-08-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 24.46, cash €5,429
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
56 days early
2023
47 days early
2022
54 days early
2021
46 days early
2020
53 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €3,720
  3. Liquidity more than doubledcurrent ratio 24.46

Financials · financial year 2025, abbreviated format

Turnover
≈ €18,000
Estimated: probably between €8,600 and €55,000
EBIT margin
Not included in this filing
Net result
€3,720
2024 · -€423
Working capital
€119,380▲ 8.9%
2024 · €109,602
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €1,232 after a loss of €3,962 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.001m 2025 Net result€0.004m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.01m--€0.007m▲ 48.1%€0.02m-€0.01m€0.005m€0.05m▲ 845%-€0.004m€0.001m
Net result-€0.01m--€0.008m▲ 45.5%€0.02mwithin the sector's middle half-€0.01mwithin the sector's middle half€0.006mwithin the sector's middle half€0.04mwithin the sector's middle half▲ 633%-€423within the sector's middle half€0.004mwithin the sector's middle half
Equity€27--€0.008m€0.01mbelow the sector's middle half-€0.001mbelow the sector's middle half€0.08mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 70.9%€0.1mwithin the sector's middle half▼ 0.3%€0.1mwithin the sector's middle half▲ 2.7%
Total assets€0.04m-€0.03m▼ 22.5%€0.04mbelow the sector's middle half▲ 23.6%€0.003mbelow the sector's middle half▼ 92.7%€1.2mwithin the sector's middle half▲ 414×€1.3mwithin the sector's middle half▲ 5.7%€1.3mwithin the sector's middle half=€1.3mwithin the sector's middle half▲ 0.2%
Debt€0.04m-€0.04m▼ 3.8%€0.03m▼ 28.7%€0.004m▼ 86.9%€1.2m▲ 300×€1.2m▲ 1.1%€1.2m=€1.2m▼ 0.1%
Working capital-€0.01m--€0.03m▼ 101%€0.01mwithin the sector's middle half-€0.001mwithin the sector's middle half€0.02mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 322%€0.1mwithin the sector's middle half▲ 4.1%€0.1mwithin the sector's middle half▲ 8.9%
Solvency0.1%--24.1%▼ 24.1pp28.5%within the sector's middle half▲ 52.5pp6.6%below the sector's middle half10.7%within the sector's middle half▲ 4.1pp10.7%within the sector's middle half=10.9%within the sector's middle half▲ 0.3pp
Current ratio0.37-0.04▼ 0.321.40within the sector's middle half▲ 1.3528.75above the sector's middle half9.01above the sector's middle half▼ 19.749.34above the sector's middle half▲ 0.3324.46above the sector's middle half▲ 15.12
Return on assets (ROA)-34.3%--24.1%▲ 10.2pp47.9%above the sector's middle half▲ 72.1pp0.5%within the sector's middle half3.4%within the sector's middle half▲ 2.9pp0.0%within the sector's middle half▼ 3.4pp0.3%within the sector's middle half▲ 0.3pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €1.2m ▲ 0.1%
Current assets €124,469 ▲ 1.4%
Equity and liabilities €1.3m
Equity €143,156 ▲ 2.7%
Debt €1.2m ▼ 0.1%
Debt's share of the balance-sheet total falls from 89.3% to 89.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
8.15▼
2024 · 8.38
ROE
2.6%▲
2024 · -0.3%
Debt ≤ 1 year
€5,089▼
2024 · €13,145
Debt > 1 year
€1.2m=
2024 · €1.2m
Income taxes
€1,526▲
2024 · -€1
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.3m▲
Fixed assets21/28€1.2m€1.2m▲
Financial fixed assets28€1.2m€1.2m▲
Current assets29/58€0.1m€0.1m▲
Amounts receivable within one year40/41€0.1m€0.1m▲
Trade receivables40€0.003m€0.001m▼
Other amounts receivable41€0.1m€0.1m▲
Cash at bank and in hand54/58€0.009m€0.005m▼
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m▲
Equity10/15€0.1m€0.1m▲
Contributions10/11€0.04m€0.04m=
Reserves13€0.05m€0.05m=
Distributable reserves133€0.05m€0.05m=
Profit (loss) carried forward14€0.06m€0.06m▲
Amounts payable17/49€1.2m€1.2m▼
Amounts payable after more than one year17€1.2m€1.2m=
Other amounts payable178/9€1.2m€1.2m=
Amounts payable within one year42/48€0.01m€0.005m▼
Trade debts44-€0.004m
Suppliers440/4-€0.004m
Taxes, remuneration and social security45€0.01m€0.002m▼
Taxes450/3€0.01m€0.002m▼
Accrued charges and deferred income492/3-€0.007m
Income statement Code20242025
Other operating charges640/8€0.001m€0.003m▲
Gross operating margin9900-€0.003m€0.004m▲
Operating profit (loss)9901-€0.004m€0.001m▲
Financial income75/76B€0.004m€0.005m▲
Recurring financial income75€0.004m€0.005m▲
Financial charges65/66B€44€0.001m▲
Recurring financial charges65€44€0.001m▲
Profit (loss) for the period before taxes9903-€424€0.005m▲
Income taxes67/77-€1€0.002m▲
Profit (loss) for the period9904-€423€0.004m▲
Profit (loss) for the period to be appropriated9905-€423€0.004m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.06m€0.06m▲
Profit (loss) brought forward from the previous period14P€0.06m€0.06m▼
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,780€4,080€0------
Other operating charges640/8---€498€498€3,383€968€2,972▲ 207%
Non-recurring operating charges66A---€0-----
Gross operating margin9900-€9,698-€2,752€33,743-€12,010€5,986€55,270-€2,995€4,204-
Operating profit (loss)9901-€13,825-€7,179€20,455-€12,508€5,488€51,887-€3,962€1,232-
Financial income75/76B----€586€5,524€3,582€4,567▲ 27.5%
Recurring financial income75€14€1€0-€586€5,524€3,582€4,567▲ 27.5%
Financial charges65/66B---€43€57€161€44€553▲ 13×
Recurring financial charges65€909€852€763€43€57€161€44€553▲ 13×
Profit (loss) for the period before taxes9903-€14,721-€8,030€19,692-€12,551€6,018€57,250-€424€5,246-
Income taxes67/77-----€13,145-€1€1,526-
Profit (loss) for the period9904-€14,721-€8,030€19,692-€12,551€6,018€44,104-€423€3,720-
Profit (loss) for the period to be appropriated9905-€14,721-€8,030€19,692-€12,551€6,018€44,104-€423€3,720-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.04m€0.03m€0.04m€0.003m€1.2m€1.3m€1.3m€1.3m▲ 0.2%
Fixed assets21/28€0.03m€0.03m€0-€1.2m€1.2m€1.2m€1.2m▲ 0.1%
Tangible fixed assets22/27€0.03m€0.03m€0------
Financial fixed assets28€0.001m€0.001m€0-€1.2m€1.2m€1.2m€1.2m▲ 0.1%
Current assets29/58€0.008m€0.001m€0.04m€0.003m€0.03m€0.1m€0.1m€0.1m▲ 1.4%
Amounts receivable within one year40/41€267€261€0.03m€0.002m€0.02m€0.1m€0.1m€0.1m▲ 5.0%
Trade receivables40---€0--€0.003m€0.001m▼ 52.4%
Other amounts receivable41---€0.002m€0.02m€0.1m€0.1m€0.1m▲ 6.5%
Cash at bank and in hand54/58€0.008m€0.001m€0.01m€0.001m€0.004m€0.01m€0.009m€0.005m▼ 41.9%
Equity and liabilities
Total equity and liabilities10/49€0.04m€0.03m€0.04m€0.003m€1.2m€1.3m€1.3m€1.3m▲ 0.2%
Equity10/15€27-€0.008m€0.01m-€0.001m€0.08m€0.1m€0.1m€0.1m▲ 2.7%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.04m€0.04m€0.04m=
Reserves13----€0.002m€0.05m€0.05m€0.05m=
Distributable reserves133----€0.002m€0.05m€0.05m€0.05m=
Profit (loss) carried forward14-€0.02m-€0.03m-€0.007m-€0.02m€0.06m€0.06m€0.06m€0.06m▲ 6.5%
Amounts payable17/49€0.04m€0.04m€0.03m€0.004m€1.2m€1.2m€1.2m€1.2m▼ 0.1%
Amounts payable after more than one year17€0.02m€0.01m€0-€1.2m€1.2m€1.2m€1.2m=
Other amounts payable178/9----€1.2m€1.2m€1.2m€1.2m=
Amounts payable within one year42/48€0.02m€0.03m€0.03m€0.004m€0.001m€0.01m€0.01m€0.005m▼ 61.3%
Trade debts44€0.001m--€348€0.001m€0-€0.004m-
Suppliers440/4---€348€0.001m€0-€0.004m-
Taxes, remuneration and social security45---€0-€0.01m€0.01m€0.002m▼ 88.4%
Taxes450/3---€0-€0.01m€0.01m€0.002m▼ 88.4%
Other amounts payable47/48---€0.004m€0----
Accrued charges and deferred income492/3-------€0.007m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€14,721-€8,030€19,692-€12,551€6,018€44,104-€423€3,720-
+ Depreciation and write-downs630€3,780€4,080€0------
Operating cash flow (approximation)-€10,941-€3,950€19,692-€12,551€6,018€44,104-€423€3,720-
Investment in fixed assets (approximation)--€1,500€31,941--€22,247€4,771-€717-
Change in cash--€7,069€10,036-€10,549€3,723€10,406-€5,326-€3,909▲ 26.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 30-07-2026 2026-00377593
31-12-2024 full format 05-06-2025 2025-00138071
31-12-2023 full format 14-06-2024 2024-00145946
31-12-2022 full format 07-06-2023 2023-00120938
31-12-2021 full format 15-06-2022 2022-20079364
31-12-2020 full format 08-06-2021 2021-18900227
31-12-2019 micro format 29-06-2020 2020-26000316
31-12-2018 micro format 27-05-2019 2019-14500005
31-12-2017 micro format 31-07-2018 2018-41500411
31-12-2016 micro format 30-09-2017 2017-65600185

Show all 14 filings

Similar companies · same sector, comparable size

Of the 9,527 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,506. 5,406 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

11 holdings

Holdings 11

Source for every holding own accounts 2025

Show 1 more holdings

According to the 2025 annual accounts of OLIPHARM and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 1 of 5 Gazette acts processed.

History

On 25 October 2011, OLIPHARM was incorporated.1 Total assets went from €42,907 in 2018 to €1.3m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Back to profitnet €3,720
Net result €3,720 after one loss-making year.
31-12
Financial Liquidity more than doubledcurrent ratio 24.46
Current ratio from 9.34 to 24.46; short-term debt falls from €13,145 to €5,089.
05-06
NBB filing Annual accounts filed
financial year 2024 · full format
2024
14-06
NBB filing Annual accounts filed
financial year 2023 · full format
2023
31-12
Financial Highest result from 2018 to 2025net €44,104 ▲633%
Operating result €51,887, net result €44,104, both a record.
31-12
Financial Equity above €100,000equity €139,860 ▲70.9%
2 profitable years in a row build equity to €139,860.
07-06
NBB filing Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial Back to profitnet €6,018
Net result €6,018 after one loss-making year.
31-12
Financial Liquidity times 37current ratio 28.75
Current ratio from 0.78 to 28.75; short-term debt falls from €3,850 to €900.
22-08
Gazette deed Capital & shares · Amendment of the articles · Restructuring
Auditor report · Capital contribution · Share issue24 facts ▸
  • Other provision, “5:133CSA, no fairness opinion” (deed in French)
  • Auditor report, 07-07-2022
  • Capital contribution
  • Share issue, “droits capitaux propres”, 46000032 (deed in French)
  • Share issue, “droits capitaux propres”, 30666688 (deed in French)
  • Other provision, “proces-verbal_assemblee_meme_jour, intervention” (deed in French)
  • Share transfer, LOSANE → OLIPHARM (10 times)
  • Other provision, “titres statut”, 100 (deed in French)
  • Other provision, “belge, apporteur societes” (deed in French)
  • Other provision, “societes listees” (deed in French)
  • Other provision, “transfert”, 31-03-2022 (deed in French)
  • Amendment of the articles, 5
  • +12 further facts in this act
15-06
NBB filing Annual accounts filed
financial year 2021 · full format
Show earlier events
2021
08-06
NBB filing Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial Back to profitnet €19,692
Net result €19,692 after 2 loss-making years.
31-12
Financial Liquidity more than 32 timescurrent ratio 1.40
Current ratio from 0.04 to 1.40; short-term debt falls from €30,282 to €29,395.
29-06
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
27-05
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
31-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
30-09
NBB filing Annual accounts filed
financial year 2016 · micro format · 61 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 14 annual accounts filed, the latest 10 are here; all 14 are under Financials.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded25-10-2011
Financial year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0840562012
Also 9925:BE0840562012
Registered 26-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0840.562.012

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2011
registered office establishment The establishment unit on the map
Ground area
2,515 m²
Building footprint
234 m²
Building volume
1,810 m³
Parcel 21614H0055/02P025, Brussels · tallest building 12.1 m. Linked by address, not a title deed.
61 companies at this address See who is registered here
1 establishment unit
OLIPHARM
Lijsterbessebomenlaan 25, 1180 UkkelDevelopment of residential building projects
since 2011unit no. 2.234.688.671
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21614H0055/02P025 Brussels 2,515 m² 1 · 234 m² 12.1 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

Other provisionsOther rules from the articles that fall under none of the themes above.
Other provision: “Responsabilite organe administration” (deed in French)

Read from the deeds: 1 provision, deed of 22-08-2022