OLLIN
ActiveSummary
OLLIN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3,835 and a net result of €68,354. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 8101 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability86▲+41
Solvency26▲+16
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
0.8%
Return on assets
13.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 8101 sector peers (2024).
NBB · sector comparisonPosition among 8101 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
27 d late
2022
67 d late
2021
75 d late
2020
61 d late
2019
102 d 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 26 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Turnover
€920,682
EBIT margin
18.2%
Net result
€68,354▲ 5,125%
2023 · €1,308
Working capital
€18,937
2023 · -€79,946
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result-€95,651▼ 45.6%-€122,132▼ 27.7%-€14,561▲ 88.1%€20,762€83,707▲ 303%
Net result-€122,197below the sector's middle half▼ 66.3%-€140,261below the sector's middle half▼ 14.8%-€36,253below the sector's middle half▲ 74.2%€1,308below the sector's middle half€68,354within the sector's middle half▲ 5,125%
EBIT margin
Equity€110,686within the sector's middle half▼ 52.5%-€29,575below the sector's middle half-€65,827below the sector's middle half▼ 123%-€64,519below the sector's middle half▲ 2.0%€3,835below the sector's middle half
Total assets€479,732within the sector's middle half▼ 24.8%€435,969within the sector's middle half▼ 9.1%€401,072within the sector's middle half▼ 8.0%€416,441within the sector's middle half▲ 3.8%€505,154within the sector's middle half▲ 21.3%
Debt€369,045▼ 8.9%€465,544▲ 26.1%€466,900▲ 0.3%€480,961▲ 3.0%€501,319▲ 4.2%
Working capital€111,911▲ 356%-€4,837-€77,427▼ 1,501%-€79,946▼ 3.3%€18,937
Solvency23.1%below the sector's middle half▼ 13.4pp-6.8%below the sector's middle half▼ 29.9pp-16.4%below the sector's middle half▼ 9.6pp-15.5%below the sector's middle half▲ 0.9pp0.8%below the sector's middle half▲ 16.3pp
Staff (FTE)2.7above the sector's middle half▼ 3.6%1.9▼ 29.6%1.1▼ 42.1%1.1=4.1above the sector's middle half▲ 273%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 303% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €505,154
Fixed assets
€94,614 ▼ 6.6%
Current assets
€410,541 ▲ 30.3%
Equity and liabilities €505,154
Equity
€3,835
Debt
€501,319
Debt finances 99.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€115,089▲
2023 · €65,878
Cash flow
€99,737▲
2023 · €46,424
Current ratio
1.05▲
2023 · 0.80
Quick ratio
0.59▲
2023 · 0.37
ROA
13.5%▲
2023 · 0.3%
Interest coverage
7.30▲
2023 · 3.12
Debt ≤ 1 year
€391,603▼
2023 · €395,082
Debt > 1 year
€109,716▲
2023 · €85,528
Income taxes
€984▲
2023 · €0
Staff costs
€128,718▲
2023 · €46,768
A ratio outside any meaningful range has been withheld (balance sheet total €505,154, equity €3,835).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,322 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
3.1%
stopped otherwise
95%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,322 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €25,922 | €7,861 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €59,798 | €59,792 | €46,768 | €128,718 | ▲ 175% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,376 | €50,956 | €43,084 | €45,116 | €31,382 | ▼ 30.4% |
| Other operating charges640/8 | - | €4,375 | €7,340 | €14,634 | €14,590 | ▼ 0.3% |
| Non-recurring operating charges66A | - | €51,157 | €6,642 | €7,940 | €0 | ▼ 100% |
| Gross operating margin9900 | €67,025 | €44,155 | €102,298 | €135,221 | €258,397 | ▲ 91.1% |
| Operating profit (loss)9901 | -€95,651 | -€122,132 | -€14,561 | €20,762 | €83,707 | ▲ 303% |
| Financial income75/76B | - | - | €1,044 | €1,677 | €1,395 | ▼ 16.8% |
| Recurring financial income75 | €49 | - | €1,044 | €1,677 | €1,395 | ▼ 16.8% |
| Financial charges65/66B | - | €17,704 | €22,308 | €21,131 | €15,764 | ▼ 25.4% |
| Recurring financial charges65 | €26,222 | €17,704 | €22,308 | €21,131 | €15,764 | ▼ 25.4% |
| Profit (loss) for the period before taxes9903 | -€121,823 | -€139,836 | -€35,824 | €1,308 | €69,338 | ▲ 5,200% |
| Income taxes67/77 | €374 | €425 | €428 | €0 | €984 | - |
| Profit (loss) for the period9904 | -€122,197 | -€140,261 | -€36,253 | €1,308 | €68,354 | ▲ 5,125% |
| Profit (loss) for the period to be appropriated9905 | -€122,197 | -€140,261 | -€36,253 | €1,308 | €68,354 | ▲ 5,125% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €479,732 | €435,969 | €401,072 | €416,441 | €505,154 | ▲ 21.3% |
| Fixed assets21/28 | €233,610 | €180,654 | €138,508 | €101,305 | €94,614 | ▼ 6.6% |
| Intangible fixed assets21 | €183,912 | €149,720 | €118,822 | €91,373 | €62,102 | ▼ 32.0% |
| Tangible fixed assets22/27 | €41,502 | €24,737 | €12,186 | €2,432 | €15,640 | ▲ 543% |
| Plant, machinery and equipment23 | - | €7,009 | €3,505 | €2,322 | €9,100 | ▲ 292% |
| Furniture and vehicles24 | - | €17,363 | €8,681 | €110 | €6,540 | ▲ 5,847% |
| Leasing and similar rights25 | - | €365 | - | - | - | - |
| Financial fixed assets28 | €8,197 | €6,197 | €7,500 | €7,500 | €16,872 | ▲ 125% |
| Current assets29/58 | €246,121 | €255,315 | €262,564 | €315,136 | €410,541 | ▲ 30.3% |
| Stocks and contracts in progress3 | €127,147 | €136,946 | €153,809 | €166,992 | €179,198 | ▲ 7.3% |
| Stocks30/36 | - | €136,946 | €153,809 | €166,992 | €179,198 | ▲ 7.3% |
| Amounts receivable within one year40/41 | €79,330 | €71,811 | €72,445 | €97,885 | €181,753 | ▲ 85.7% |
| Trade receivables40 | - | €62,989 | €56,088 | €91,533 | €159,546 | ▲ 74.3% |
| Other amounts receivable41 | - | €8,822 | €16,356 | €6,353 | €22,207 | ▲ 250% |
| Cash at bank and in hand54/58 | €548 | €13,195 | €56 | €8,483 | €9,457 | ▲ 11.5% |
| Deferred charges and accrued income490/1 | - | €33,363 | €36,254 | €41,776 | €40,133 | ▼ 3.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €479,732 | €435,969 | €401,072 | €416,441 | €505,154 | ▲ 21.3% |
| Equity10/15 | €110,686 | -€29,575 | -€65,827 | -€64,519 | €3,835 | ▲ 106% |
| Contributions10/11 | - | €120,000 | €120,000 | €120,000 | €120,000 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | -€11,169 | -€151,430 | -€187,682 | -€186,374 | -€118,020 | ▲ 36.7% |
| Amounts payable17/49 | €369,045 | €465,544 | €466,900 | €480,961 | €501,319 | ▲ 4.2% |
| Amounts payable after more than one year17 | €198,027 | €203,227 | €126,717 | €85,528 | €109,716 | ▲ 28.3% |
| Financial debts170/4 | - | €203,227 | €126,717 | €85,528 | €109,716 | ▲ 28.3% |
| Amounts payable within one year42/48 | €134,211 | €260,152 | €339,991 | €395,082 | €391,603 | ▼ 0.9% |
| Current portion of amounts payable after more than one year42 | - | €48,092 | €96,798 | €107,664 | €49,327 | ▼ 54.2% |
| Financial debts43 | - | €70,426 | €51,609 | €52,112 | €50,357 | ▼ 3.4% |
| Credit institutions430/8 | - | €70,426 | €51,609 | €52,112 | €50,357 | ▼ 3.4% |
| Trade debts44 | €10,324 | €76,710 | €129,556 | €126,999 | €76,772 | ▼ 39.5% |
| Suppliers440/4 | - | €76,710 | €129,556 | €126,999 | €76,772 | ▼ 39.5% |
| Advances received on contracts in progress46 | - | - | - | - | €1,820 | - |
| Taxes, remuneration and social security45 | - | €64,284 | €61,551 | €99,981 | €210,093 | ▲ 110% |
| Taxes450/3 | - | €40,426 | €46,047 | €96,598 | €162,641 | ▲ 68.4% |
| Remuneration and social security454/9 | - | €23,858 | €15,504 | €3,383 | €47,453 | ▲ 1,303% |
| Other amounts payable47/48 | - | €639 | €477 | €8,326 | €3,234 | ▼ 61.2% |
| Accrued charges and deferred income492/3 | - | €2,165 | €191 | €350 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€122,197 | -€140,261 | -€36,253 | €1,308 | €68,354 | ▲ 5,125% |
| + Depreciation and write-downs630 | €51,376 | €50,956 | €43,084 | €45,116 | €31,382 | ▼ 30.4% |
| Operating cash flow (approximation) | -€70,821 | -€89,305 | €6,831 | €46,424 | €99,737 | ▲ 115% |
| Investment in fixed assets (approximation) | - | €2,000 | -€938 | -€7,913 | -€24,691 | ▼ 212% |
| Change in cash | - | €12,647 | -€13,139 | €8,427 | €974 | ▼ 88.4% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €1,308
Net result €1,308 after 4 loss-making years.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Weakest financial yearnet -€140,261
Net result drops to -€140,261, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
20-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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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Directors · office · real estate
Directors
9 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, Duffel · 1 establishment unit since 2010
Ground area
388 m²
Building footprint
1,061 m²
Volume, LiDAR
7,538 m³
Parcel 12009E0023/00P000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ollin
since 20102.192.770.518
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009E0023/00P000 | Flanders | 388 m² | 1 · 1,061 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 555 EUR awarded · 555 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 555 EUR | 555 EUR |
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 13,176 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0830175686
Also
9925:BE0830175686
Registered
21-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.