Olivia Garden
ActiveOlivia Garden has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.78M and a net result of €3.01M. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 4826 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+6
Solvency98▲+1
Growth73▼-3
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €900k at 30 days acceptable
Liquidity ample (current ratio 3.46 against 2.94 in 2024), and 39.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.1%
Return on assets
20.6%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 filingsDeviation from the deadline
2025
1 d early
2024
26 d late
2023
8 d late
2022
17 d early
2021
26 d early
2020
31 d late
2019
52 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€20.31M▲ 2.9%
2024 · €19.73M
2021: €14.11M
2022: €18.81M
2023: €17.74M
2024: €19.73M
2021 → 2025
EBIT margin
16.5%▲ 1.0pp
2024 · 15.5%
2021: 17.9%
2022: 13.8%
2023: 14.8%
2024: 15.5%
2021 → 2025
Net result
€3.01M▲ 23.8%
2024 · €2.43M
2018: €658k
2019: €1.32M
2020: €1.29M
2021: €1.88M
2022: €2.25M
2023: €2.03M
2024: €2.43M
2018 → 2025
Working capital
€8.01M▲ 19.1%
2024 · €6.73M
2018: €2.53M
2019: €3.25M
2020: €3.30M
2021: €4.12M
2022: €5.07M
2023: €5.64M
2024: €6.73M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€14.11M-€18.81M▲ 33.3%€17.74M▼ 5.7%€19.73M▲ 11.2%€20.31M▲ 2.9%
Equity€4.57M-€5.55M▲ 21.4%€6.44M▲ 16.2%€7.45M▲ 15.6%€8.78M▲ 17.9%
Operating result€2.52M-€2.60M▲ 3.2%€2.63M▲ 1.0%€3.06M▲ 16.5%€3.35M▲ 9.4%
Net result€1.88M-€2.25M▲ 19.6%€2.03M▼ 9.9%€2.43M▲ 19.9%€3.01M▲ 23.8%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 9% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.60M
Fixed assets
€3.34M▼ 4.4%
Current assets
€11.27M▲ 10.6%
Equity and liabilities €14.60M
Equity
€8.78M▲ 17.9%
Provisions
€20k▼ 43.8%
Debt
€5.80M▼ 6.4%
The debt ratio falls from 45.3% to 39.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€3.82M▲
2024 · €3.50M
Cash flow
€3.48M▲
2024 · €2.87M
Solvency
60.1%▲
2024 · 54.4%
Current ratio
3.46▲
2024 · 2.94
Quick ratio
1.90▲
2024 · 1.21
Debt / equity
0.66▼
2024 · 0.83
ROE
34.3%▲
2024 · 32.7%
ROA
20.6%▲
2024 · 17.8%
Interest coverage
51.98▲
2024 · 41.77
Debt
€5.80M▼
2024 · €6.20M
Debt ≤ 1 year
€3.26M▼
2024 · €3.46M
Debt > 1 year
€2.48M▼
2024 · €2.69M
Income taxes
€156k▼
2024 · €550k
Staff costs
€3.25M▲
2024 · €2.90M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€13.68M€14.60M▲
Fixed assets21/28€3.49M€3.34M▼
Intangible fixed assets21€133k€47k▼
Tangible fixed assets22/27€3.33M€3.26M▼
Land and buildings22€3.06M€3.13M▲
Plant, machinery and equipment23€169k€109k▼
Furniture and vehicles24€32k€21k▼
Assets under construction and advance payments27€70k€0▼
Financial fixed assets28€25k€26k▲
Other financial fixed assets284/8€25k€26k▲
Shares284-€549
Amounts receivable and cash guarantees285/8€25k€26k▲
Current assets29/58€10.19M€11.27M▲
Stocks and contracts in progress3€6.00M€5.07M▼
Stocks30/36€6.00M€5.07M▼
Goods purchased for resale34€6.00M€5.07M▼
Amounts receivable within one year40/41€2.37M€3.79M▲
Trade receivables40€2.30M€3.20M▲
Other amounts receivable41€61k€595k▲
Current investments50/53-€457k
Other investments51/53-€457k
Cash at bank and in hand54/58€1.73M€1.83M▲
Deferred charges and accrued income490/1€89k€120k▲
Equity and liabilities
Total equity and liabilities10/49€13.68M€14.60M▲
Equity10/15€7.45M€8.78M▲
Contributions10/11€131k€131k=
Capital10€131k€131k=
Issued capital100€131k€131k=
Reserves13€2.51M€3.02M▲
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Tax-exempt reserves132€1.37M€1.43M▲
Distributable reserves133€1.13M€1.57M▲
Profit (loss) carried forward14€4.66M€5.51M▲
Investment grants15€139k€126k▼
Provisions and deferred taxes16€36k€20k▼
Provisions for liabilities and charges160/5€36k€20k▼
Other liabilities and charges164/5€36k€20k▼
Amounts payable17/49€6.20M€5.80M▼
Amounts payable after more than one year17€2.69M€2.48M▼
Financial debts170/4€2.68M€2.47M▼
Credit institutions173€2.68M€2.47M▼
Other amounts payable178/9€4k€11k▲
Amounts payable within one year42/48€3.46M€3.26M▼
Current portion of amounts payable after more than one year42€331k€353k▲
Financial debts43€146k€130k▼
Credit institutions430/8€146k€130k▼
Trade debts44€1.51M€1.20M▼
Suppliers440/4€1.51M€1.20M▼
Advances received on contracts in progress46€27k€9k▼
Taxes, remuneration and social security45€562k€522k▼
Taxes450/3€164k€102k▼
Remuneration and social security454/9€398k€421k▲
Other amounts payable47/48€884k€1.04M▲
Accrued charges and deferred income492/3€47k€63k▲
Income statement
Code20242025
Operating income70/76A€20.06M€20.83M▲
Turnover70€19.73M€20.31M▲
Other operating income74€323k€521k▲
Operating charges60/66A€17.00M€17.48M▲
Goods for resale, raw materials and consumables60€9.55M€8.92M▼
Purchases600/8€9.79M€8.03M▼
Change in stocks: decrease (increase)609€-244k€889k▲
Services and other goods61€4.04M€4.75M▲
Remuneration, social security and pensions62€2.90M€3.25M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€436k€469k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€17k€48k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€10k€-16k▼
Other operating charges640/8€42k€68k▲
Operating profit (loss)9901€3.06M€3.35M▲
Financial income75/76B€125k€183k▲
Recurring financial income75€125k€183k▲
Income from current assets751-€15k
Other financial income752/9€125k€168k▲
Financial charges65/66B€201k€360k▲
Recurring financial charges65€201k€360k▲
Debt charges650€84k€73k▼
Other financial charges652/9€117k€286k▲
Profit (loss) for the period before taxes9903€2.98M€3.17M▲
Income taxes67/77€550k€156k▼
Taxes670/3€550k€372k▼
Tax adjustments and reversals of tax provisions77-€216k
Profit (loss) for the period9904€2.43M€3.01M▲
Transfer from tax-exempt reserves789€396k€442k▲
Transfer to tax-exempt reserves689€421k€505k▲
Profit (loss) for the period to be appropriated9905€2.41M€2.95M▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.48M€7.62M▲
Profit (loss) brought forward from the previous period14P€4.07M€4.66M▲
Transfer to equity691/2€396k€442k▲
To other reserves6921€396k€442k▲
Profit to be distributed694/7€1.42M€1.67M▲
Return on contributions (dividend)694€577k€751k▲
Directors or managers695€842k€916k▲
Social balance
Average headcount (FTE)908735.236.8▲
The notes to these accounts (90 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €3.01M ▲23.8%
Operating result €3.35M, net result €3.01M, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 8 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €5MEq €5.55M ▲21.4%
5 profitable years in a row build equity to €5.55M.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Herstal · 1 establishment unit since 1970
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 Hermée 2554040 HerstalGround area
3,113 m²
Parcel 62312A0308/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Hermée 255, 4040 Herstal
since 19702.005.044.438
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62312A0308/00D000 | Wallonia | 3,113 m² | - | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
549300MGZGO7PI9A8J21
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Of 792 companies in sector 46450 we hold annual accounts for 448. 70 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-07-1970
Fiscal year end31-12
Activities, NACEBEL
46450Wholesale of perfume and cosmetics
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.