OLIVIER STROUWEN
ActiveOLIVIER STROUWEN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €254k and a net result of €19k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 54% of 6541 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-20
Solvency61=
Growth38=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.85 in 2023; short-term debt: 48.7% and cash: 17.3% of total assets), but 63.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €254k
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 24-01-2025, 188 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
188 d early
2023
27 d early
2022
21 d late
2021
32 d early
2020
18 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€619k▼ 34.9%
2019 · €950k
2018: €875k
2019: €950k
2018 → 2020
EBIT margin
-17.3%▼ 20.7pp
2019 · 3.4%
2018: 1.3%
2019: 3.4%
2018 → 2020
Net result
€19k▼ 30.3%
2023 · €27k
2018: €3k
2019: €16k
2020: €-117k
2021: €6k
2022: €24k
2023: €27k
2018 → 2024
Working capital
€279k▲ 10.9%
2023 · €252k
2018: €279k
2019: €263k
2020: €191k
2021: €182k
2022: €216k
2023: €252k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€619k-
Equity€184k-€184k▲ 0.2%€208k▲ 13.1%€235k▲ 13.0%€254k▲ 8.0%
Operating result€-107k-€16k€34k▲ 109%€38k▲ 12.7%€36k▼ 6.1%
Net result€-117k-€6k€24k▲ 299%€27k▲ 12.6%€19k▼ 30.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 6% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €704k
Fixed assets
€82k▼ 25.7%
Current assets
€622k▲ 13.8%
Equity and liabilities €704k
Equity
€254k▲ 8.0%
Debt
€450k▲ 6.7%
The debt ratio falls from 64.2% to 63.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64k▼
2023 · €68k
Cash flow
€47k▼
2023 · €57k
Solvency
36.1%▲
2023 · 35.8%
Current ratio
1.81▼
2023 · 1.85
Quick ratio
0.36▲
2023 · 0.12
Debt / equity
1.77▼
2023 · 1.79
ROE
7.4%▼
2023 · 11.5%
ROA
2.7%▼
2023 · 4.1%
Interest coverage
3.86▼
2023 · 6.05
Debt
€450k▲
2023 · €421k
Debt ≤ 1 year
€343k▲
2023 · €295k
Debt > 1 year
€107k▼
2023 · €127k
Income taxes
€876▲
2023 · €286
Staff costs
€103k▼
2023 · €143k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€656k€704k▲
Fixed assets21/28€110k€82k▼
Tangible fixed assets22/27€102k€74k▼
Plant, machinery and equipment23€94k€69k▼
Furniture and vehicles24€8k€5k▼
Financial fixed assets28€8k€8k=
Current assets29/58€546k€622k▲
Stocks and contracts in progress3€512k€498k▼
Stocks30/36€512k€498k▼
Cash at bank and in hand54/58€32k€122k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€656k€704k▲
Equity10/15€235k€254k▲
Contributions10/11€23k€23k=
Capital10€23k€23k=
Issued capital100€23k€23k=
Reserves13€279k€279k=
Distributable reserves133€279k€279k=
Profit (loss) carried forward14€-66k€-47k▲
Amounts payable17/49€421k€450k▲
Amounts payable after more than one year17€127k€107k▼
Financial debts170/4€127k€107k▼
Amounts payable within one year42/48€295k€343k▲
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€152k€61k▼
Suppliers440/4€152k€61k▼
Taxes, remuneration and social security45€65k€73k▲
Taxes450/3€44k€49k▲
Remuneration and social security454/9€20k€24k▲
Other amounts payable47/48€57k€187k▲
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€787k€844k▲
Remuneration, social security and pensions62€143k€103k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€28k▼
Other operating charges640/8€403€1k▲
Gross operating margin9900€211k€169k▼
Operating profit (loss)9901€38k€36k▼
Financial income75/76B€125€328▲
Recurring financial income75€125€328▲
Financial charges65/66B€11k€17k▲
Recurring financial charges65€11k€17k▲
Profit (loss) for the period before taxes9903€27k€20k▼
Income taxes67/77€286€876▲
Profit (loss) for the period9904€27k€19k▼
Profit (loss) for the period to be appropriated9905€27k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€-47k▲
Profit (loss) brought forward from the previous period14P€-93k€-66k▲
Social balance
Average headcount (FTE)90871.91.5▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €27k ▲12.6%
Operating result €38k, net result €27k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Equity above €200kEq €208k ▲13.1%
2 profitable years in a row build equity to €208k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-117k ▼852%
Net result drops to €-117k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
15-06
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
2 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, Chaudfontaine · 1 establishment unit since 2004
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 Toussaint Gerkens 724052 ChaudfontaineGround area
830 m²
Building footprint
113 m²
Volume, LiDAR
773 m³
Parcel 62012D0236/00L006, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOUTIQUE PIERRE THONON
since 20042.139.362.021
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62012D0236/00L006 | Wallonia | 830 m² | 1 · 113 m² | 8.6 m · 2 fl. |
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.
Similar companies · same sector, comparable size
RAENA
BE 0760.651.234
Wommelgem · Eq €254k
Raepers JS
BE 0820.213.093
Tongeren-Borgloon · Eq €255k
Western Shop
BE 0715.811.993
Brussel · Eq €256k
NICOLE MEN
BE 0415.449.911
Gent · Eq €251k
deVille Fashion
BE 0737.813.375
Turnhout · Eq €257k
Of 459 companies in sector 47712 we hold annual accounts for 269. 195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2004
Fiscal year end31-12
Activities, NACEBEL
47712Retail trade
52422
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.