OLIREST
ActiveSummary
The computed 12-month bankruptcy probability of OLIREST is 1.6% (moderate). The 2024 annual accounts show equity of €1.14M and a net result of €237k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 1763 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+2
Solvency87▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 2.06 in 2023; short-term debt: 32.5% and cash: 29.7% of total assets), and 38.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 2024Solvency, return and age of the figures
Solvency
61.8%
Return on assets
12.9%
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 22-06-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
39 d early
2023
22 d early
2022
20 d early
2021
40 d early
2020
37 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€237k▲ 29.7%
2023 · €183k
2018: €22k
2019: €48k
2020: €34k
2021: €196k
2022: €181k
2023: €183k
2018 → 2024
Working capital
€688k▲ 23.0%
2023 · €559k
2018: €65k
2019: €87k
2020: €229k
2021: €385k
2022: €521k
2023: €559k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€424k-€619k▲ 46.1%€757k▲ 22.2%€900k▲ 18.9%€1.14M▲ 26.4%
Operating result€39k-€236k▲ 507%€285k▲ 20.9%€280k▼ 1.6%€358k▲ 27.8%
Net result€34k-€196k▲ 478%€181k▼ 7.7%€183k▲ 1.4%€237k▲ 29.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 28% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.84M
Fixed assets
€554k ▲ 6.8%
Current assets
€1.29M ▲ 18.3%
Equity and liabilities €1.84M
Equity
€1.14M ▲ 26.4%
Debt
€702k ▼ 0.5%
Debt's share of the balance-sheet total falls from 44.0% to 38.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€464k▲
2023 · €364k
Cash flow
€343k▲
2023 · €267k
Current ratio
2.15▲
2023 · 2.06
Quick ratio
2.06▲
2023 · 2.03
Debt to equity
0.62▼
2023 · 0.78
ROE
20.9%▲
2023 · 20.3%
ROA
12.9%▲
2023 · 11.4%
Interest coverage
18.19▲
2023 · 16.93
Debt ≤ 1 year
€597k▲
2023 · €528k
Debt > 1 year
€91k▼
2023 · €172k
Income taxes
€111k▲
2023 · €91k
Staff costs
€1.23M▲
2023 · €1.15M
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.61M€1.84M▲
Fixed assets21/28€519k€554k▲
Tangible fixed assets22/27€519k€554k▲
Land and buildings22€344k€392k▲
Plant, machinery and equipment23€163k€144k▼
Furniture and vehicles24€13k€19k▲
Current assets29/58€1.09M€1.29M▲
Stocks and contracts in progress3€18k€55k▲
Stocks30/36€18k€55k▲
Amounts receivable within one year40/41€4k€9k▲
Trade receivables40€294€2k▲
Other amounts receivable41€4k€6k▲
Current investments50/53€643k€671k▲
Cash at bank and in hand54/58€416k€547k▲
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.84M▲
Equity10/15€900k€1.14M▲
Contributions10/11€111k€111k=
Reserves13€790k€1.03M▲
Distributable reserves133€790k€1.03M▲
Amounts payable17/49€706k€702k▼
Amounts payable after more than one year17€172k€91k▼
Financial debts170/4€172k€91k▼
Amounts payable within one year42/48€528k€597k▲
Current portion of amounts payable after more than one year42€115k€133k▲
Trade debts44€246k€242k▼
Suppliers440/4€246k€242k▼
Taxes, remuneration and social security45€151k€194k▲
Taxes450/3€18k€51k▲
Remuneration and social security454/9€133k€143k▲
Other amounts payable47/48€15k€28k▲
Accrued charges and deferred income492/3€7k€14k▲
Income statement
Code20232024
Remuneration, social security and pensions62€1.15M€1.23M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€106k▲
Other operating charges640/8€19k€20k▲
Gross operating margin9900€1.53M€1.71M▲
Operating profit (loss)9901€280k€358k▲
Financial income75/76B€15k€16k▲
Recurring financial income75€15k€16k▲
Financial charges65/66B€21k€25k▲
Recurring financial charges65€21k€25k▲
Profit (loss) for the period before taxes9903€274k€348k▲
Income taxes67/77€91k€111k▲
Profit (loss) for the period9904€183k€237k▲
Profit (loss) for the period to be appropriated9905€183k€237k▲
Appropriation of the result
Profit (loss) to be appropriated9906€183k€237k▲
Transfer from equity791/2€40k-
Transfer to equity691/2€183k€237k▲
To other reserves6921€183k€237k▲
Profit to be distributed694/7€40k-
Return on contributions (dividend)694€40k-
Social balance
Average headcount (FTE)908723.922.4▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €237k ▲29.7%
Operating result €358k, net result €237k, both a record.
31-12
Financial
Equity above €1MEq €1.14M ▲26.4%
7 profitable years in a row build equity to €1.14M.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €500kEq €619k ▲46.1%
4 profitable years in a row build equity to €619k.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
21-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Mons · 1 establishment unit since 2013
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 de Tournai (G.) 757011 MonsGround area
3,766 m²
Building footprint
795 m²
Volume, LiDAR
5,542 m³
2 parcels, Wallonia · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Quick
since 20132.218.446.715
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53030D0242/00N002 | Wallonia | 2,021 m² | 1 · 285 m² | 9.5 m · 2 fl. |
| 53402A0191/00M009 | Wallonia | 1,744 m² | 1 · 510 m² | 9.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMons2.218.446.715
Legal Entity Identifier
699400SHD4CGQWNJAH07
Similar companies · same sector, comparable size
DE ZWARTE FLESCH
BE 0446.991.242
Ninove · Eq €1,132,691
LOS CHURROS
BE 0478.448.936
Brussel · Eq €1,146,972
FRANIEK
BE 0455.034.819
Kortrijk · Eq €1,151,239
BM Invest
BE 0899.606.902
Ukkel · Eq €1,116,151
Ter Burchgraeve
BE 0834.810.308
Kaprijke · Eq €1,114,676
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 2,310 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.