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OLIVIER CONSTRUCT

Active
Public limited companyfounded 1970active for 56 yearsLodewijk de Raetlaan 24, 8870 Izegem, BelgiumKBO/BCE: BE 0407.549.854
Summary

The computed 12-month bankruptcy probability of OLIVIER CONSTRUCT is 1.8% (moderate). The 2024 annual accounts show equity of €4.9m and a net result of €222,699. Equity remains stable across the filed financial years (±2.5% per year). Its solvency ranks better than 62% of 3,536 sector peers (NACE 43, financial year 2024). The company has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Site preparation
NACE 43120Construction of roads and motorways NACE 42110
2nd largest employer in Izegem, Construction sector3 sites
Size
€19.5mturnover 2024
Staff
53 FTE
Equity
€4.9m
Profit
€222,699
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Parent
OLIVIER INVEST · 96.67%
Holdings
1
  • Olivier Management BVManaging director · permanent representative Yves Olivier
  • Valerie HochepiedDirector
Auditor: POUSEELE CARON BEDRIJFSREVISOREN2025 accounts not filed, 90 days past the deadline3 of 14 deeds summarised
Why 55raises riskFigures for financial year 2024 (filed 18-07-2025)Liquidity: current ratio 1.41, cash €192,023Sector: Specialised construction activities (NACE 43)lowers riskFounded in 1970Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 50% of its sector peers (NACE 43, medium-sized)
Financial strength · tick = 2023
Average
Solvency 74+2
equity 49.4% of total assets
Liquidity 36=
short-term debt 36.7% · cash 1.9%
Profitability 60=
return on assets 2.2%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (243 companies, NACE 43, medium-sized)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▼ -0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026 10-2026: 1.8%▲ +0.7 percentage points vs 09-2026highest value
Credit of up to €270,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.41, compared with 1.4 in 2023, below the usual 1.5; short-term debt: 36.7% and cash: 1.9% of total assets), and 50.6% 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 43, medium-sized): better than 76% on solvency, 49% on liquidity, 42% on profitability and 35% on growth.

The bankruptcy probability was computed on 28-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 18-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.41, cash €192,023
NBB · annual accounts
lowers risk · Founded in 1970
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 90 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline29-10-2026 today
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 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
14 days early
2023
13 days early
2022
17 days early
2021
16 days early
2020
31 days late
2019
5 days early
← 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 6 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)Permanent representative: Franky CARON
  2. Reappointments: Olivier Management BV (director) and…Permanent representative: Yves Olivier ·…
  3. Annual accounts filedfinancial year 2024 · full…

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.

Turnover
€19.5m▼ 4.7%
2023 · €20.4m
EBIT margin
1.2%▼ 0.1pp
2023 · 1.4%
Net result
€222,699▼ 19.3%
2023 · €276,013
Working capital
€1.5m▼ 5.4%
2023 · €1.6m
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

The operating result falls in 2024; 2024 is 13% below 2023.

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

Turnover€19.5m 2024 Operating result€0.2m 2024 Net result€0.2m 2024

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

Sector: the middle half of NACE 43, Specialised construction 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232024
Turnover€23.3m-€31.2m▲ 33.6%€20.8m▼ 33.2%€18.8m▼ 9.9%€20.4m▲ 8.8%€19.5m▼ 4.7%
Operating result€0.08m--€1.6m-€0.5m▲ 68.1%€0.2m€0.3m▲ 38.1%€0.2m▼ 13.3%
Net result-€0.08m--€1.7mbelow the sector's middle half▼ 1,964%-€0.6mbelow the sector's middle half▲ 67.5%€0.7mabove the sector's middle half€0.3mabove the sector's middle half▼ 59.6%€0.2mabove the sector's middle half▼ 19.3%
EBIT margin0.4%--5.3%▼ 5.6pp-2.5%▲ 2.7pp1.1%▲ 3.6pp1.4%▲ 0.3pp1.2%▼ 0.1pp
Equity€6.2m-€4.4mabove the sector's middle half▼ 28.1%€3.9mabove the sector's middle half▼ 12.7%€4.6mabove the sector's middle half▲ 17.7%€4.8mabove the sector's middle half▲ 4.7%€4.9mabove the sector's middle half▲ 3.6%
Total assets€13.9m-€12.1mabove the sector's middle half▼ 13.3%€11.0mabove the sector's middle half▼ 9.4%€9.8mabove the sector's middle half▼ 10.6%€10.2mabove the sector's middle half▲ 4.0%€10.0mabove the sector's middle half▼ 1.8%
Debt€7.6m-€7.2m▼ 5.6%€6.9m▼ 4.1%€5.1m▼ 26.7%€5.2m▲ 2.9%€4.8m▼ 7.2%
Working capital€3.3m-€1.7mabove the sector's middle half▼ 47.7%€0.8mabove the sector's middle half▼ 54.5%€1.6mabove the sector's middle half▲ 96.9%€1.6mabove the sector's middle half▲ 1.1%€1.5mabove the sector's middle half▼ 5.4%
Solvency44.2%-36.7%within the sector's middle half▼ 7.6pp35.3%within the sector's middle half▼ 1.4pp46.5%within the sector's middle half▲ 11.2pp46.8%within the sector's middle half▲ 0.3pp49.4%within the sector's middle half▲ 2.6pp
Current ratio1.72-1.34within the sector's middle half▼ 0.381.16within the sector's middle half▼ 0.181.42within the sector's middle half▲ 0.271.40within the sector's middle half▼ 0.031.41within the sector's middle half▲ 0.01
Return on assets (ROA)-0.6%--14.3%below the sector's middle half▼ 13.7pp-5.1%below the sector's middle half▲ 9.2pp7.0%within the sector's middle half▲ 12.1pp2.7%within the sector's middle half▼ 4.3pp2.2%within the sector's middle half▼ 0.5pp
Staff (FTE)58.9-60.4above the sector's middle half▲ 2.5%58.8above the sector's middle half▼ 2.6%59.7above the sector's middle half▲ 1.5%53.7above the sector's middle half▼ 10.1%53above the sector's middle half▼ 1.3%
above within below the middle half of NACE 43, Specialised construction 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.
Why a figure moved sharply
  • 2021 Net result +68% on 2020. The previous financial year ran 16 months, this one 12.
  • 2020 Net result -1,964% on 2019. This financial year ran 16 months, the previous one 12.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.0m
Fixed assets €4.8m ▲ 5.0%
Current assets €5.2m ▼ 7.4%
Equity and liabilities €10.0m
Equity €4.9m ▲ 3.6%
Provisions €219,944 ▲ 8.5%
Debt €4.8m ▼ 7.2%
Debt's share of the balance-sheet total falls from 51.2% to 48.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€827,517▼
2023 · €878,319
Cash flow
€808,413▼
2023 · €875,287
Quick ratio
0.91▼
2023 · 1.00
Debt to equity
0.98▼
2023 · 1.09
ROE
4.5%▼
2023 · 5.8%
Interest coverage
14.26▼
2023 · 29.81
Debt ≤ 1 year
€3.7m▼
2023 · €4.0m
Debt > 1 year
€1.2m▼
2023 · €1.2m
Income taxes
€3,450▲
2023 · €3,379
Staff costs
€3.9m▲
2023 · €3.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,887 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97.9% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.1% went bankrupt
2.0% stopped otherwise
97.9% still going

For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 1,887 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 95 lines
Balance sheet Code20232024
Assets
Total assets20/58€10.2m€10.0m▼
Fixed assets21/28€4.6m€4.8m▲
Intangible fixed assets21€0.04m€0.03m▼
Tangible fixed assets22/27€3.8m€4.0m▲
Plant, machinery and equipment23€0.6m€0.6m▲
Furniture and vehicles24€0.2m€0.2m▼
Leasing and similar rights25€3.0m€3.2m▲
Financial fixed assets28€0.8m€0.8m=
Affiliated companies280/1€0.6m€0.6m=
Participating interests280€0.6m€0.6m=
Other financial fixed assets284/8€0.2m€0.2m▲
Amounts receivable and cash guarantees285/8€0.2m€0.2m▲
Current assets29/58€5.6m€5.2m▼
Stocks and contracts in progress3€1.6m€1.8m▲
Stocks30/36€0.7m€0.7m▲
Raw materials and consumables30/31€0.5m€0.5m▲
Property held for sale35€0.2m€0.2m▲
Contracts in progress37€0.9m€1.1m▲
Amounts receivable within one year40/41€3.2m€2.7m▼
Trade receivables40€2.9m€2.0m▼
Other amounts receivable41€0.3m€0.7m▲
Current investments50/53€0.4m€0.3m▼
Own shares50€0.1m€0.1m=
Other investments51/53€0.3m€0.2m▼
Cash at bank and in hand54/58€0.4m€0.2m▼
Deferred charges and accrued income490/1€0.09m€0.08m▼
Equity and liabilities
Total equity and liabilities10/49€10.2m€10.0m▼
Equity10/15€4.8m€4.9m▲
Contributions10/11€0.5m€0.5m=
Capital10€0.5m€0.5m=
Issued capital100€0.5m€0.5m=
Reserves13€4.3m€4.4m▲
Non-distributable reserves130/1€0.2m€0.2m=
Legal reserve130€0.05m€0.05m=
Own shares acquired1312€0.1m€0.1m=
Tax-exempt reserves132€0.3m€0.3m▼
Distributable reserves133€3.8m€4.0m▲
Provisions and deferred taxes16€0.2m€0.2m▲
Provisions for liabilities and charges160/5€0.2m€0.2m▲
Other liabilities and charges164/5€0.2m€0.2m▲
Deferred taxes168€257€0▼
Amounts payable17/49€5.2m€4.8m▼
Amounts payable after more than one year17€1.2m€1.2m▼
Financial debts170/4€1.2m€1.2m▼
Leasing and similar obligations172€1.1m€1.1m▼
Credit institutions173€0.05m€0.05m▲
Amounts payable within one year42/48€4.0m€3.7m▼
Current portion of amounts payable after more than one year42€0.4m€0.5m▲
Financial debts43€0.6m€0.3m▼
Credit institutions430/8€0.6m€0.3m▼
Trade debts44€2.3m€2.3m▲
Suppliers440/4€2.3m€2.3m▲
Advances received on contracts in progress46€0.3m€0.1m▼
Taxes, remuneration and social security45€0.1m€0.1m▲
Taxes450/3€0.02m€0.02m▼
Remuneration and social security454/9€0.1m€0.1m▲
Other amounts payable47/48€0.2m€0.3m▲
Accrued charges and deferred income492/3€0.01m€97▼
Income statement Code20232024
Operating income70/76A€20.5m€19.9m▼
Turnover70€20.4m€19.5m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€0.2m€0.2m▲
Other operating income74€0.3m€0.3m▲
Operating charges60/66A€20.2m€19.7m▼
Goods for resale, raw materials and consumables60€13.8m€13.2m▼
Purchases600/8€13.8m€13.2m▼
Change in stocks: decrease (increase)609€0.02m-€0.03m▼
Services and other goods61€2.0m€2.0m▼
Remuneration, social security and pensions62€3.7m€3.9m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.6m€0.6m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.008m€0.002m▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0.03m€0.02m▼
Other operating charges640/8€0.08m€0.09m▲
Operating profit (loss)9901€0.3m€0.2m▼
Financial income75/76B€0.08m€0.07m▼
Recurring financial income75€0.08m€0.07m▼
Income from financial fixed assets750€0-
Income from current assets751€0.008m€0.03m▲
Other financial income752/9€0.07m€0.04m▼
Financial charges65/66B€0.08m€0.09m▲
Recurring financial charges65€0.08m€0.09m▲
Debt charges650€0.03m€0.06m▲
Other financial charges652/9€0.05m€0.03m▼
Profit (loss) for the period before taxes9903€0.3m€0.2m▼
Transfer from deferred taxes780€0.004m€257▼
Income taxes67/77€0.003m€0.003m▲
Taxes670/3€0.003m€0.003m▲
Profit (loss) for the period9904€0.3m€0.2m▼
Transfer from tax-exempt reserves789€0.008m€0.001m▼
Profit (loss) for the period to be appropriated9905€0.3m€0.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.2m▼
Transfer to equity691/2€0.2m€0.2m▼
To other reserves6921€0.2m€0.2m▼
Profit to be distributed694/7€0.06m€0.05m▼
Return on contributions (dividend)694€0.06m€0.05m▼
Social balance sheet
Average headcount (FTE)908753.753.0▼

The notes to these accounts (82 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021202220232024Change
Operating income70/76A--€21.0m€19.3m€20.5m€19.9m▼ 2.8%
Turnover70€23.3m€31.2m€20.8m€18.8m€20.4m€19.5m▼ 4.7%
Change in stocks of work in progress, finished goods and contracts in progress71---€0.1m€0.2m-€0.2m€0.2m-
Other operating income74--€0.3m€0.3m€0.3m€0.3m▲ 1.6%
Operating charges60/66A--€21.5m€19.1m€20.2m€19.7m▼ 2.6%
Goods for resale, raw materials and consumables60--€15.0m€12.5m€13.8m€13.2m▼ 4.7%
Purchases600/8--€15.1m€12.7m€13.8m€13.2m▼ 4.4%
Change in stocks: decrease (increase)609---€0.04m-€0.2m€0.02m-€0.03m-
Services and other goods61--€1.8m€1.8m€2.0m€2.0m▼ 1.3%
Remuneration, social security and pensions62--€3.9m€4.0m€3.7m€3.9m▲ 4.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.9m€1.2m€0.8m€0.7m€0.6m€0.6m▼ 2.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€0.2m-€0.09m€0.008m€0.002m▼ 80.7%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€0.3m€0.005m€0.03m€0.02m▼ 43.2%
Other operating charges640/8--€0.09m€0.09m€0.08m€0.09m▲ 17.7%
Operating profit (loss)9901€0.08m-€1.6m-€0.5m€0.2m€0.3m€0.2m▼ 13.3%
Financial income75/76B--€0.05m€0.6m€0.08m€0.07m▼ 10.5%
Recurring financial income75€0.07m€0.07m€0.05m€0.6m€0.08m€0.07m▼ 10.5%
Income from financial fixed assets750---€0.5m€0--
Income from current assets751--€0.01m€0.003m€0.008m€0.03m▲ 231%
Other financial income752/9--€0.04m€0.04m€0.07m€0.04m▼ 38.4%
Financial charges65/66B--€0.09m€0.08m€0.08m€0.09m▲ 4.9%
Recurring financial charges65€0.1m€0.2m€0.09m€0.08m€0.08m€0.09m▲ 4.9%
Debt charges650€0.09m€0.08m€0.04m€0.03m€0.03m€0.06m▲ 97.0%
Other financial charges652/9--€0.05m€0.05m€0.05m€0.03m▼ 45.9%
Profit (loss) for the period before taxes9903€0.02m-€1.7m-€0.6m€0.7m€0.3m€0.2m▼ 18.0%
Transfer from deferred taxes780--€0.006m€0.006m€0.004m€257▼ 93.4%
Income taxes67/77€0.1m€0.005m€0.003m€0.008m€0.003m€0.003m▲ 2.1%
Taxes670/3--€0.003m€0.008m€0.003m€0.003m▲ 2.1%
Profit (loss) for the period9904-€0.08m-€1.7m-€0.6m€0.7m€0.3m€0.2m▼ 19.3%
Transfer from tax-exempt reserves789--€0.01m€0.01m€0.008m€0.001m▼ 93.4%
Profit (loss) for the period to be appropriated9905-€0.07m-€1.7m-€0.6m€0.7m€0.3m€0.2m▼ 21.3%
Line201920202021202220232024Change
Assets
Total assets20/58€13.9m€12.1m€11.0m€9.8m€10.2m€10.0m▼ 1.8%
Formation expenses20€0.007m€0.002m-----
Fixed assets21/28€5.9m€5.2m€5.1m€4.5m€4.6m€4.8m▲ 5.0%
Intangible fixed assets21€0.02m€0.04m€0.03m€0.03m€0.04m€0.03m▼ 30.6%
Tangible fixed assets22/27€5.1m€4.4m€4.2m€3.7m€3.8m€4.0m▲ 6.4%
Plant, machinery and equipment23--€0.7m€0.6m€0.6m€0.6m▲ 5.5%
Furniture and vehicles24--€0.08m€0.08m€0.2m€0.2m▼ 6.0%
Leasing and similar rights25--€3.5m€3.1m€3.0m€3.2m▲ 7.3%
Financial fixed assets28€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m=
Affiliated companies280/1--€0.6m€0.6m€0.6m€0.6m=
Participating interests280--€0.6m€0.6m€0.6m€0.6m=
Other financial fixed assets284/8--€0.2m€0.2m€0.2m€0.2m▲ 0.1%
Amounts receivable and cash guarantees285/8--€0.2m€0.2m€0.2m€0.2m▲ 0.1%
Current assets29/58€8.0m€6.9m€5.9m€5.3m€5.6m€5.2m▼ 7.4%
Stocks and contracts in progress3€0.5m€0.5m€1.2m€1.8m€1.6m€1.8m▲ 15.5%
Stocks30/36--€0.5m€0.7m€0.7m€0.7m▲ 5.4%
Raw materials and consumables30/31--€0.3m€0.5m€0.5m€0.5m▲ 6.7%
Property held for sale35--€0.2m€0.2m€0.2m€0.2m▲ 2.2%
Contracts in progress37--€0.7m€1.1m€0.9m€1.1m▲ 23.2%
Amounts receivable within one year40/41€4.4m€4.3m€3.6m€2.6m€3.2m€2.7m▼ 13.6%
Trade receivables40--€3.2m€2.4m€2.9m€2.0m▼ 29.2%
Other amounts receivable41--€0.4m€0.3m€0.3m€0.7m▲ 125%
Current investments50/53€0.1m€0.1m€0.1m€0.1m€0.4m€0.3m▼ 12.8%
Own shares50--€0.1m€0.1m€0.1m€0.1m=
Other investments51/53----€0.3m€0.2m▼ 19.7%
Cash at bank and in hand54/58€1.4m€0.9m€0.9m€0.7m€0.4m€0.2m▼ 47.7%
Deferred charges and accrued income490/1--€0.09m€0.07m€0.09m€0.08m▼ 4.6%
Equity and liabilities
Total equity and liabilities10/49€13.9m€12.1m€11.0m€9.8m€10.2m€10.0m▼ 1.8%
Equity10/15€6.2m€4.4m€3.9m€4.6m€4.8m€4.9m▲ 3.6%
Contributions10/11€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m=
Capital10--€0.5m€0.5m€0.5m€0.5m=
Issued capital100--€0.5m€0.5m€0.5m€0.5m=
Reserves13€5.7m€3.9m€3.4m€4.1m€4.3m€4.4m▲ 4.0%
Non-distributable reserves130/1--€0.2m€0.2m€0.2m€0.2m=
Legal reserve130--€0.05m€0.05m€0.05m€0.05m=
Own shares acquired1312--€0.1m€0.1m€0.1m€0.1m=
Tax-exempt reserves132--€0.3m€0.3m€0.3m€0.3m▼ 0.2%
Distributable reserves133--€2.9m€3.6m€3.8m€4.0m▲ 4.5%
Provisions and deferred taxes16€0.1m€0.4m€0.2m€0.2m€0.2m€0.2m▲ 8.5%
Provisions for liabilities and charges160/5--€0.2m€0.2m€0.2m€0.2m▲ 8.6%
Other liabilities and charges164/5--€0.2m€0.2m€0.2m€0.2m▲ 8.6%
Deferred taxes168--€0.01m€0.004m€257€0▼ 100%
Amounts payable17/49€7.6m€7.2m€6.9m€5.1m€5.2m€4.8m▼ 7.2%
Amounts payable after more than one year17€2.9m€2.1m€1.8m€1.3m€1.2m€1.2m▼ 3.1%
Financial debts170/4--€1.8m€1.3m€1.2m€1.2m▼ 3.1%
Leasing and similar obligations172--€1.8m€1.3m€1.1m€1.1m▼ 3.3%
Credit institutions173----€0.05m€0.05m▲ 1.5%
Amounts payable within one year42/48€4.7m€5.1m€5.1m€3.7m€4.0m€3.7m▼ 8.2%
Current portion of amounts payable after more than one year42--€0.6m€0.5m€0.4m€0.5m▲ 20.3%
Financial debts43--€0.4m€0.3m€0.6m€0.3m▼ 50.6%
Credit institutions430/8--€0.4m€0.3m€0.6m€0.3m▼ 50.6%
Trade debts44€3.5m€3.7m€3.4m€2.1m€2.3m€2.3m▲ 3.4%
Suppliers440/4--€3.4m€2.1m€2.3m€2.3m▲ 3.4%
Advances received on contracts in progress46--€0.2m€0.6m€0.3m€0.1m▼ 57.3%
Taxes, remuneration and social security45--€0.1m€0.1m€0.1m€0.1m▲ 1.0%
Taxes450/3--€0.02m€0.02m€0.02m€0.02m▼ 10.6%
Remuneration and social security454/9--€0.1m€0.1m€0.1m€0.1m▲ 2.8%
Other amounts payable47/48--€0.4m€0.1m€0.2m€0.3m▲ 2.6%
Accrued charges and deferred income492/3--€37€40€0.01m€97▼ 99.0%
Line201920202021202220232024Change
Profit (loss) for the period9904-€0.08m-€1.7m-€0.6m€0.7m€0.3m€0.2m▼ 19.3%
+ Depreciation and write-downs630€0.9m€1.2m€0.8m€0.7m€0.6m€0.6m▼ 2.3%
Operating cash flow (approximation)€0.8m-€0.5m€0.3m€1.4m€0.9m€0.8m▼ 7.6%
Investment in fixed assets (approximation)--€0.5m-€0.7m-€0.2m-€0.7m-€0.8m▼ 19.1%
Change in cash--€0.5m-€0.01m-€0.2m-€0.3m-€0.2m▲ 42.0%

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

Download as CSV

Latest 10 of 47 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 full format 17-07-2025 2025-00286166
31-12-2023 full format 18-07-2024 2024-00265282
31-12-2022 full format 14-07-2023 2023-00237168
31-12-2021 full format 15-07-2022 2022-20190774
31-12-2020 full format 31-08-2021 2021-63700381
31-08-2019 full format 26-03-2020 2020-07700097
31-08-2018 full format 12-03-2019 2019-07200360
31-08-2017 full format 28-03-2018 2018-08400448
31-08-2016 full format 15-03-2017 2017-06300293
31-08-2015 full format 09-02-2016 2016-04200245

Show all 47 filings

Similar companies · same sector, comparable size

Of the 8,350 active companies whose main activity is site preparation (NACE 43120), figures are known for 3,308. 614 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 8 entries · €17,195 awarded · €16,307 paid
Year Entries AwardedPaid
2025 2 €4,965€4,698
2024 2 €1,492€1,492
2023 3 €9,353€9,353
2022 1 €1,385€764
Schemes
4 entries · €8,576 · €7,688 paid · Fonds voor Innoveren en Ondernemen
1 entry · €5,248 · €5,248 paid · Departement Mobiliteit en Openbare Werken
3 entries · €3,371 · €3,371 paid · Departement Werk en Sociale Economie

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

Directors

Directors
2 directors, 1 in day-to-day management, last change in 2025

Board 2

Olivier Management BV
Director · Legal entity · permanent representative: Yves Olivier
Current
Current

Day-to-day management 1

Olivier Management BV
Managing director · since 29-08-2025 · Legal entity · permanent representative: Yves Olivier
Current

Permanent representatives 1

Yves Olivier
Permanent representative · for Olivier Management BV
Current

Statutory auditor 1

POUSEELE CARON BEDRIJFSREVISOREN
Statutory auditor · since 14-12-2022 · permanent representative: Franky CARON
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
11 of this company's 14 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2022, 3 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Olivier Management BV
  • Director, since before 29-08-2025
  • Managing director, from 29-08-2025 to date
Valerie Hochepied
  • Director, since before 29-08-2025
POUSEELE CARON BEDRIJFSREVISOREN
  • Statutory auditor, from 14-12-2022 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. OLIVIER INVEST 96.67%
  2. OLIVIER CONSTRUCT

Highest known parent: OLIVIER INVEST. The sources do not say who stands above it.

According to the 2024 annual accounts of OLIVIER CONSTRUCT 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.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2024 annual accounts of OLIVIER CONSTRUCT 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

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 24 October 1970, OLIVIER CONSTRUCT was incorporated.1 Turnover went from €23.3m in 2019 to €19.5m in 2024 and headcount from 58.9 to 53 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2024

Acts, filings and financial milestones

2026
28-04
Gazette deed Reappointment: POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)
Permanent representative: Franky CARON3 facts ▸
  • General meeting, 08-07-2025
  • Auditor reappointment, POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Franky CARON
2025
29-08
Gazette deed Reappointments: Olivier Management BV (director) and Valerie Hochepied (director)
Permanent representative: Yves Olivier · Appointment: Olivier Management BV (managing director)6 facts ▸
  • General meeting, 10-06-2023
  • Director reappointment, Olivier Management BV (director)
  • Permanent representative, Yves Olivier
  • Director reappointment, Valerie Hochepied (director)
  • Board meeting, 10-06-2023
  • Director appointment, Olivier Management BV (managing director)
17-07
NBB filing Annual accounts filed
financial year 2024 · full format
2024
18-07
NBB filing Annual accounts filed
financial year 2023 · full format
2023
14-07
NBB filing Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial Back to profitnet €682,999
Net result €682,999 after 3 loss-making years.
14-12
Gazette deed Reappointment: BV POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)
Permanent representatives: Franky CARON and Olivier Yves5 facts ▸
  • General meeting, 18-06-2022
  • Auditor reappointment, BV POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Franky CARON (2 times)
  • Director in office, Olivier Mariagement BV (managing director)
  • Permanent representative, Olivier Yves
15-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
31-08
NBB filing Annual accounts filed
financial year 2020 · full format · 31 days late
2020
31-12
Financial Weakest financial yearnet -€1.7m
Net result drops to -€1.7m, the lowest in the series; recovery starts the following year.
26-03
NBB filing Annual accounts filed
financial year 2019 · full format
2019
12-03
NBB filing Annual accounts filed
financial year 2018 · full format
Show earlier events
2018
28-03
NBB filing Annual accounts filed
financial year 2017 · full format
2017
15-03
NBB filing Annual accounts filed
financial year 2016 · full format
2016
09-02
NBB filing Annual accounts filed
financial year 2015 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 47 annual accounts filed, the latest 10 are here; all 47 are under Financials.
3 of 14 deeds read
About the unread acts

Of the 14 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 11 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 formPublic limited company
Founded24-10-1970
Financial year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
43120Site preparation
41001General construction of residential buildings
77320Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0407549854
Also 9925:BE0407549854

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 0407.549.854

Recognitions · licences · registrations

Recognised contractor

36 categories
OLIVIER CONSTRUCT NVapproval no. 11840
  • C General road works contractsclass 7, up to €6,396,000
  • C1 Ordinary sewer worksclass 7, up to €6,396,000
  • C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
  • C3 Non-electric road signs, safety devices, fences and screensclass 1, up to €162,000
  • C5 Bituminous paving and surface dressingclass 4, up to €1,080,000
  • D General building contractsclass 6, up to €3,870,000
  • D1 All shell construction and roofing-in of buildingsclass 6, up to €3,870,000
  • D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
Show all 36 categories
  • D5 General joinery, timber roof trusses and stairsclass 1, up to €162,000
  • D8 Asphalt and similar roof coverings, waterproofingclass 1, up to €162,000
  • D10 Tilingclass 1, up to €162,000
  • D11 Plastering and renderingclass 1, up to €162,000
  • D12 Non-metal, non-asphalt roof coveringsclass 1, up to €162,000
  • D14 Glazingclass 1, up to €162,000
  • D16 Sanitary installations and gas heating with individual appliancesclass 1, up to €162,000
  • D17 Central heating, thermal installationsclass 1, up to €162,000
  • D18 Ventilation, warm-air heating and air conditioningclass 1, up to €162,000
  • D20 Metal joineryclass 1, up to €162,000
  • D21 Cleaning and restoring facadesclass 1, up to €162,000
  • D22 Metal roofing and zinc workclass 1, up to €162,000
  • D29 Floor screeds and industrial floor coveringsclass 1, up to €162,000
  • E General civil engineering contractsclass 6, up to €3,870,000
  • E1 Trunk sewersclass 7, up to €6,396,000
  • E2 Pile foundations, sheet piling and diaphragm wallsclass 1, up to €162,000
  • E4 Horizontal jacking of structural elementsclass 1, up to €162,000
  • F General steel construction contractsclass 1, up to €162,000
  • F1 Assembly and dismantling (without supplies)class 1, up to €162,000
  • F2 Steel load-bearing structuresclass 1, up to €162,000
  • G General earthworks contractsclass 6, up to €3,870,000
  • G2 Drainage worksclass 1, up to €162,000
  • G3 Plantingclass 1, up to €162,000
  • G5 Demolitionclass 1, up to €162,000
  • H General railway contractsclass 1, up to €162,000
  • L2 Pumping and turbine station equipmentclass 1, up to €162,000
  • P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 1, up to €162,000
  • V Water treatment installationsclass 1, up to €162,000
decision 11-10-2021

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

Sites & property

Location & real-estate footprint
Registered office, Izegem · 3 establishment units since 1970
registered office establishment approximate All 3 establishment units on the map
Ground area
5.5 ha
Building footprint
1,371 m²
Building volume
9,530 m³
3 parcels, Flanders · tallest building 36.1 m. Linked by address, not a title deed.
3 establishment units
OLIVIER CONSTRUCT NV
Lodewijk de Raetlaan 24, 8870 IzegemSite preparation
since 1970unit no. 2.037.947.036
Olivier Construct
Noordkaai 13, 8870 IzegemManufacture of other non-metallic mineral products
since 2016unit no. 2.259.381.507
Olivier Construct
Lodewijk de Raetlaan 29, 8870 IzegemManufacture of other non-metallic mineral products
since 2016unit no. 2.259.382.002
3 parcels
Flanders 3 (100%)
Cadastral parcel Region Area Buildings Height / floors
36494D0108/00N000 Flanders 2.5 ha 1 · 59 m² 11.3 m · 2
36009A0494/00D000 Flanders 2.0 ha 1 · 864 m² 7.1 m · 2
36494D0108/00M000 Flanders 8,765 m² 1 · 448 m² 36.0 m · 3
How the parcels are linked
Good to know
All 3 parcels match the address exactly.

Articles of association

Other provisionsOther rules from the articles that fall under none of the themes above.
1 more provision in the deed, see the deed of 29-08-2025

Read from the deeds: 1 provision, deed of 29-08-2025