OLLINI
ActiveOLLINI has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €226k and a net result of €-20k. Equity is shrinking by ~28.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 78% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+8
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 20.28 against 29.57 in 2023; short-term debt: 1.1% and cash: 18.1% of total assets), and 17.9% 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
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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
82.1%
Return on assets
-7.4%
Age of the figures
21 mo
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 · 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 €-20k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 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
85 d late
2023
90 d late
2022
152 d late
2021
31 d late
2020
61 d late
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€26k
EBIT margin
-71.8%
Net result
€-20k▼ 40.5%
2023 · €-15k
2018: €-9k
2019: €-75k
2020: €-8k
2021: €463k
2022: €-31k
2023: €-15k
2018 → 2024
Working capital
€56k▼ 78.9%
2023 · €266k
2018: €201k
2019: €221k
2020: €245k
2021: €636k
2022: €373k
2023: €266k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€26k
Equity€1.08M-€542k▼ 49.8%€511k▼ 5.6%€497k▼ 2.8%€226k▼ 54.4%
Operating result€15k-€571k▲ 3,736%€-31k€-12k▲ 63.0%€-19k▼ 61.5%
Net result€-8k-€463k€-31k€-15k▲ 52.5%€-20k▼ 40.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2024 against €12k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €276k
Fixed assets
€217k▼ 17.1%
Current assets
€59k▼ 78.5%
Equity and liabilities €276k
Equity
€226k▼ 54.4%
Debt
€49k▲ 24.8%
The debt ratio rises from 7.4% to 17.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▼
2023 · €27k
Cash flow
€5k▼
2023 · €24k
Solvency
82.1%▼
2023 · 92.6%
Current ratio
20.28▼
2023 · 29.57
Quick ratio
20.28▼
2023 · 29.57
Debt / equity
0.22▲
2023 · 0.08
ROE
-9.0%▼
2023 · -2.9%
ROA
-7.4%▼
2023 · -2.7%
Interest coverage
31.99▼
2023 · 95.97
Debt
€49k▲
2023 · €40k
Debt ≤ 1 year
€3k▼
2023 · €9k
Debt > 1 year
€46k▲
2023 · €30k
Income taxes
€690▼
2023 · €3k
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€536k€276k▼
Formation expenses20-€0
Fixed assets21/28€261k€217k▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€261k€217k▼
Land and buildings22€247k€215k▼
Plant, machinery and equipment23€960€344▼
Furniture and vehicles24€13k€1k▼
Leasing and similar rights25-€0
Other tangible fixed assets26€175€0▼
Assets under construction and advance payments27-€0
Financial fixed assets28-€0
Current assets29/58€275k€59k▼
Amounts receivable within one year40/41€63k€9k▼
Trade receivables40€57k€9k▼
Other amounts receivable41€6k€28▼
Cash at bank and in hand54/58€212k€50k▼
Equity and liabilities
Total equity and liabilities10/49€536k€276k▼
Equity10/15€497k€226k▼
Contributions10/11€516k€266k▼
Reserves13€26k€26k=
Non-distributable reserves130/1-€0
Other1319-€0
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-45k€-65k▼
Amounts payable17/49€40k€49k▲
Amounts payable after more than one year17€30k€46k▲
Other amounts payable178/9€30k€46k▲
Amounts payable within one year42/48€9k€3k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€5k€732▼
Taxes450/3€5k€732▼
Income statement
Code20232024
Turnover70-€26k
Goods, raw materials, services and sundry goods60/61-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€25k▼
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€4k€829▼
Gross operating margin9900€34k€9k▼
Operating profit (loss)9901€-12k€-19k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€285€976▲
Recurring financial charges65€285€210▼
Non-recurring financial charges66B-€767
Profit (loss) for the period before taxes9903€-12k€-20k▼
Income taxes67/77€3k€690▼
Profit (loss) for the period9904€-15k€-20k▼
Profit (loss) for the period to be appropriated9905€-15k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-45k€-65k▼
Profit (loss) brought forward from the previous period14P€-31k€-45k▼
Transfer from equity791/2-€0
Transfer to equity691/2-€0
To contributions691-€0
To the legal reserve6920-€0
To other reserves6921-€0
Shareholders' contribution to the loss794-€0
Profit to be distributed694/7-€0
Return on contributions (dividend)694-€0
Directors or managers695-€0
Employees696-€0
Other beneficiaries697-€0
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 152 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €463k
Net result €463k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 11.28
Current ratio from 5.61 to 11.28.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Weakest financial yearnet €-75k
Net result drops to €-75k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 7.14
Current ratio from 2.02 to 7.14; short-term debt falls from €197k to €36k.
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 69 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waregem · 1 establishment unit since 2013
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.
Garenstraat 98790 WaregemGround area
1,859 m²
Building footprint
367 m²
Volume, LiDAR
2,084 m³
Parcel 34453F0219/00C004, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Garenstraat 9, 8790 Waregem
since 20132.222.093.123
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453F0219/00C004 | Flanders | 1,859 m² | 1 · 367 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 3,570 EUR awarded · 3,570 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,570 EUR | 3,570 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
TJIRANDJI
BE 0876.637.597
Retie · Eq €226k
MadeByDreams Consulting
BE 0741.535.306
Brussel · Eq €226k
I.T.C.S. International Trading and Consultancy Services
BE 0446.476.845
Overijse · Eq €226k
FLYING CIRCUS
BE 0826.431.783
Bierbeek · Eq €226k
TITECA ACCOUNTANCY WAREGEM
BE 0446.624.721
Waregem · Eq €226k
Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 39,330 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:jdewaele@dewaelejohan.be
Phone:056621000
Fax:056614902