OLIVER INVEST
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-22k
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
26 d late
2022
31 d late
2021
30 d late
2020
27 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
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Financials · fiscal year 2024, abbreviated schema
Equity
€129k▼ 14.3%
2023 · €150k
Total assets
€129k▼ 15.9%
2023 · €153k
Net result
€-22k▲ 12.1%
2023 · €-24k
Working capital
€88k▼ 4.9%
2023 · €92k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€81k▲ 205%€58k▼ 28.7%€-16k€-29k▼ 76.5%€-26k▲ 9.3%
Net result€59k▲ 312%€56k▼ 4.6%€-12k€-24k▼ 98.2%€-22k▲ 12.1%
Equity€131k▲ 82.8%€187k▲ 43.2%€175k▼ 6.6%€150k▼ 14.0%€129k▼ 14.3%
Total assets€275k▼ 9.7%€292k▲ 6.0%€186k▼ 36.3%€153k▼ 17.6%€129k▼ 15.9%
Debt€145k▼ 38.0%€105k▼ 27.7%€11k▼ 89.5%€3k▼ 74.7%€44▼ 98.4%
Working capital€37k€98k▲ 165%€98k▲ 0.6%€92k▼ 6.1%€88k▼ 4.9%
Staff (FTE)5.1▼ 35.4%6.5▲ 27.5%3.5▼ 46.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26k in 2024 against €29k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €129k
Fixed assets
€41k ▼ 29.4%
Current assets
€88k ▼ 7.6%
Equity and liabilities €129k
Equity
€129k ▼ 14.3%
Debt
€44 ▼ 98.4%
Debt's share of the balance-sheet total falls from 1.8% to 0.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▲
2023 · €-10k
Cash flow
€-5k▲
2023 · €-6k
Debt to equity
0.00▼
2023 · 0.02
ROE
-16.7%▼
2023 · -16.3%
ROA
-16.7%▼
2023 · -16.0%
Interest coverage
-31.94▼
2023 · -26.40
Debt ≤ 1 year
€44▼
2023 · €3k
A ratio outside any meaningful range has been withheld (balance sheet total €129k, equity €129k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €158k | €94k | €-73 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €24k | €20k | €18k | €17k | ▼ 7.8% |
| Other operating charges640/8 | - | €2k | €1k | €850 | €503 | ▼ 40.9% |
| Gross operating margin9900 | €239k | €242k | €99k | €-10k | €-9k | ▲ 10.1% |
| Operating profit (loss)9901 | €81k | €58k | €-16k | €-29k | €-26k | ▲ 9.3% |
| Financial income75/76B | - | €5k | €6k | €5k | €5k | ▲ 0.5% |
| Recurring financial income75 | €6k | €5k | €6k | €5k | €5k | ▲ 0.5% |
| Financial charges65/66B | - | €6k | €2k | €397 | €289 | ▼ 27.3% |
| Recurring financial charges65 | €8k | €6k | €2k | €397 | €289 | ▼ 27.3% |
| Profit (loss) for the period before taxes9903 | €79k | €57k | €-12k | €-24k | €-22k | ▲ 11.6% |
| Income taxes67/77 | €20k | €790 | €56 | €129 | - | - |
| Profit (loss) for the period9904 | €59k | €56k | €-12k | €-24k | €-22k | ▲ 12.1% |
| Profit (loss) for the period to be appropriated9905 | €59k | €56k | €-12k | €-24k | €-22k | ▲ 12.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €275k | €292k | €186k | €153k | €129k | ▼ 15.9% |
| Fixed assets21/28 | €116k | €98k | €76k | €58k | €41k | ▼ 29.4% |
| Tangible fixed assets22/27 | €116k | €98k | €76k | €58k | €41k | ▼ 29.4% |
| Land and buildings22 | - | €53k | €44k | €36k | €27k | ▼ 24.3% |
| Plant, machinery and equipment23 | - | €19k | €14k | €9k | €5k | ▼ 43.2% |
| Furniture and vehicles24 | - | €26k | €18k | €14k | €9k | ▼ 33.9% |
| Current assets29/58 | €159k | €193k | €109k | €95k | €88k | ▼ 7.6% |
| Stocks and contracts in progress3 | €34k | €27k | - | - | - | - |
| Stocks30/36 | - | €27k | - | - | - | - |
| Amounts receivable within one year40/41 | €84k | €90k | €99k | €93k | €86k | ▼ 7.0% |
| Trade receivables40 | - | €6k | - | - | €3k | - |
| Other amounts receivable41 | - | €83k | €99k | €93k | €83k | ▼ 10.2% |
| Cash at bank and in hand54/58 | €36k | €73k | €11k | €2k | €1k | ▼ 34.5% |
| Deferred charges and accrued income490/1 | - | €4k | €80 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €275k | €292k | €186k | €153k | €129k | ▼ 15.9% |
| Equity10/15 | €131k | €187k | €175k | €150k | €129k | ▼ 14.3% |
| Contributions10/11 | - | €31k | €31k | €31k | €31k | = |
| Reserves13 | €16k | €16k | €16k | €16k | €16k | = |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | - | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | - | €13k | €13k | €13k | €13k | = |
| Profit (loss) carried forward14 | €84k | €140k | €128k | €104k | €82k | ▼ 20.8% |
| Amounts payable17/49 | €145k | €105k | €11k | €3k | €44 | ▼ 98.4% |
| Amounts payable after more than one year17 | €23k | €9k | - | - | - | - |
| Financial debts170/4 | - | €9k | - | - | - | - |
| Amounts payable within one year42/48 | €122k | €96k | €11k | €3k | €44 | ▼ 98.4% |
| Current portion of amounts payable after more than one year42 | - | €14k | €9k | - | - | - |
| Trade debts44 | €76k | €49k | €1k | €3k | €44 | ▼ 98.4% |
| Suppliers440/4 | - | €49k | €1k | €3k | €44 | ▼ 98.4% |
| Taxes, remuneration and social security45 | - | €31k | €866 | - | - | - |
| Taxes450/3 | - | €10k | €866 | - | - | - |
| Remuneration and social security454/9 | - | €21k | - | - | - | - |
| Other amounts payable47/48 | - | €2k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59k | €56k | €-12k | €-24k | €-22k | ▲ 12.1% |
| + Depreciation and write-downs630 | €27k | €24k | €20k | €18k | €17k | ▼ 7.8% |
| Operating cash flow (approximation) | €86k | €80k | €7k | €-6k | €-5k | ▲ 25.2% |
| Investment in fixed assets (approximation) | - | €-6k | €2k | €0 | €0 | - |
| Change in cash | - | €36k | €-62k | €-8k | €-756 | ▲ 91.0% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 59current ratio 2015.59
Current ratio from 34.31 to 2015.59; short-term debt falls from €3k to €44.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 34.31
Current ratio from 9.98 to 34.31; short-term debt falls from €11k to €3k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Liquidity times 5current ratio 9.98
Current ratio from 2.02 to 9.98; short-term debt falls from €96k to €11k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Equity above €150kEq €187k ▲43.2%
4 profitable years in a row build equity to €187k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €59k ▲312%
Operating result €81k, net result €59k, both a record.
31-12
Financial
Equity above €100kEq €131k ▲82.8%
3 profitable years in a row build equity to €131k.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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STUDIO PLOPSA
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
Recognitions · licences · registrations
Dual-learning approval
5 endedHulpkelner (so)
Hulpkok (so)
Kelner (so)
Keukenmedewerker (so)
Kok (so)