Olmaco Solutions
ActiveThe computed 12-month bankruptcy probability of Olmaco Solutions is 1.9% (moderate). The 2025 annual accounts show equity of €241k and a net result of €158k. Equity is growing by ~176.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 7692 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency74▼-18
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 6.6 against 2.97 in 2024; short-term debt: 14.8% and cash: 62.6% of total assets), but 50.7% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
49.3%
Return on assets
32.4%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
6 d early
2023
8 d early
2022
4 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€241k▲ 192%
2024 · €83k
2022: €11k
2023: €32k
2024: €83k
2022 → 2025
Total assets
€488k▲ 297%
2024 · €123k
2022: €16k
2023: €42k
2024: €123k
2022 → 2025
Net result
€158k▲ 211%
2024 · €51k
2022: €4k
2023: €20k
2024: €51k
2022 → 2025
Working capital
€406k▲ 410%
2024 · €79k
2022: €11k
2023: €32k
2024: €79k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€11k-€32k▲ 179%€83k▲ 161%€241k▲ 192%
Operating result€5k-€26k▲ 419%€64k▲ 148%€207k▲ 223%
Net result€4k-€20k▲ 433%€51k▲ 151%€158k▲ 211%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 223% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €488k
Fixed assets
€10k▲ 233%
Current assets
€478k▲ 299%
Equity and liabilities €488k
Equity
€241k▲ 192%
Debt
€247k▲ 514%
The debt ratio rises from 32.8% to 50.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€211k▲
2024 · €64k
Cash flow
€163k▲
2024 · €51k
Solvency
49.3%▼
2024 · 67.2%
Current ratio
6.60▲
2024 · 2.97
Quick ratio
6.60▲
2024 · 2.97
Debt / equity
1.03▲
2024 · 0.49
ROE
65.7%▲
2024 · 61.7%
ROA
32.4%▼
2024 · 41.5%
Interest coverage
972.70▲
2024 · 355.72
Debt
€247k▲
2024 · €40k
Debt ≤ 1 year
€72k▲
2024 · €40k
Income taxes
€48k▲
2024 · €13k
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€123k€488k▲
Fixed assets21/28€3k€10k▲
Tangible fixed assets22/27€3k€10k▲
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24-€6k
Current assets29/58€120k€478k▲
Amounts receivable within one year40/41€28k€169k▲
Trade receivables40€28k€149k▲
Other amounts receivable41-€19k
Cash at bank and in hand54/58€89k€305k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€123k€488k▲
Equity10/15€83k€241k▲
Contributions10/11€8k€8k=
Reserves13€75k€233k▲
Distributable reserves133€75k€233k▲
Amounts payable17/49€40k€247k▲
Amounts payable within one year42/48€40k€72k▲
Trade debts44€17k€48k▲
Suppliers440/4€17k€48k▲
Advances received on contracts in progress46-€133
Taxes, remuneration and social security45€22k€24k▲
Taxes450/3€22k€14k▼
Remuneration and social security454/9-€10k
Other amounts payable47/48€1k-
Accrued charges and deferred income492/3-€175k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86€5k▲
Other operating charges640/8€513€528▲
Gross operating margin9900€65k€212k▲
Operating profit (loss)9901€64k€207k▲
Financial income75/76B€33€86▲
Recurring financial income75€33€86▲
Financial charges65/66B€180€217▲
Recurring financial charges65€180€217▲
Profit (loss) for the period before taxes9903€64k€207k▲
Income taxes67/77€13k€48k▲
Profit (loss) for the period9904€51k€158k▲
Profit (loss) for the period to be appropriated9905€51k€158k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€158k▲
Transfer to equity691/2€51k€158k▲
To other reserves6921€51k€158k▲
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2022net €158k ▲211%
Operating result €207k, net result €158k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 6.60
Current ratio from 2.97 to 6.60.
31-12
Financial
Equity above €200kEq €241k ▲192%
4 profitable years in a row build equity to €241k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2021
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.
Koning Albert I-laan 508200 BruggeGround area
379 m²
Building footprint
129 m²
Volume, LiDAR
1,095 m³
Parcel 31030A0082/00L003, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Olmaco Solutions
since 20212.321.840.104
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31030A0082/00L003 | Flanders | 379 m² | 1 · 129 m² | 13.6 m · 3 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
2024 · 1 entry · 477 EUR awarded · 403 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 477 EUR | 403 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,124 companies in sector 43212 we hold annual accounts for 419. 320 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2021
Fiscal year end31-12
Activities, NACEBEL
28220Manufacture of machinery and equipment not elsewhere classified
43212Electrical installation work in industrial facilities
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:thibault.olivier@outlook.be