OLTEC
Open bankruptcyA bankruptcy procedure is open for OLTEC according to publications in the Belgian State Gazette; curator: ASTRID LESCOUHIER. The 2022 annual accounts show negative equity (€-31k) and a net result of €-6k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-07-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
on the day
2021
30 d late
2020
30 d late
2019
279 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€-31k▼ 23.3%
2021 · €-25k
2018: €-20k
2019: €-30k
2020: €-16k
2021: €-25k
2018 → 2022
Total assets
€28k▼ 18.5%
2021 · €34k
2018: €111k
2019: €47k
2020: €47k
2021: €34k
2018 → 2022
Net result
€-6k▲ 36.4%
2021 · €-9k
2018: €-40k
2019: €-10k
2020: €14k
2021: €-9k
2018 → 2022
Working capital
€-12k▲ 59.8%
2021 · €-30k
2018: €-29k
2019: €-39k
2020: €-21k
2021: €-30k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-20k-€-30k▼ 48.5%€-16k▲ 46.4%€-25k▼ 58.0%€-31k▼ 23.3%
Operating result€-38k-€-4k▲ 89.3%€17k€-3k€-5k▼ 45.6%
Net result€-40k-€-10k▲ 75.4%€14k€-9k€-6k▲ 36.4%
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 €5k in 2022 against €3k in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €28k
Fixed assets
€3k▼ 67.8%
Current assets
€24k▲ 2.0%
Key figures and ratios
EBITDA
€2k▼
2021 · €4k
Cash flow
€824▲
2021 · €-3k
Solvency
-113.1%▼
2021 · -74.8%
Current ratio
0.67▲
2021 · 0.44
Quick ratio
0.51▲
2021 · 0.31
Debt / equity
-1.88▲
2021 · -2.34
ROA
-21.4%▲
2021 · -27.4%
Interest coverage
1.57▲
2021 · 0.80
Debt
€59k▼
2021 · €59k
Debt ≤ 1 year
€37k▼
2021 · €54k
Debt > 1 year
€21k▲
2021 · €5k
Income taxes
€0▼
2021 · €2k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€34k€28k▼
Fixed assets21/28€10k€3k▼
Tangible fixed assets22/27€10k€3k▼
Land and buildings22€4k€0▼
Furniture and vehicles24€6k€0▼
Other tangible fixed assets26-€3k
Current assets29/58€24k€24k▲
Stocks and contracts in progress3€7k€6k▼
Stocks30/36€7k€6k▼
Amounts receivable within one year40/41€14k€19k▲
Trade receivables40€14k€19k▲
Other amounts receivable41€624€36▼
Cash at bank and in hand54/58€378€0▼
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€34k€28k▼
Equity10/15€-25k€-31k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-46k€-51k▼
Amounts payable17/49€59k€59k▼
Amounts payable after more than one year17€5k€21k▲
Financial debts170/4€5k€21k▲
Amounts payable within one year42/48€54k€37k▼
Current portion of amounts payable after more than one year42€6k€5k▼
Financial debts43€7k€10k▲
Credit institutions430/8€7k€10k▲
Trade debts44€10k€18k▲
Suppliers440/4€10k€18k▲
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€28k€0▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€687€382▼
Gross operating margin9900€4k€3k▼
Operating profit (loss)9901€-3k€-5k▼
Financial income75/76B€3€23▲
Recurring financial income75€3€23▲
Financial charges65/66B€5k€1k▼
Recurring financial charges65€5k€1k▼
Profit (loss) for the period before taxes9903€-8k€-6k▲
Income taxes67/77€2k€0▼
Profit (loss) for the period9904€-9k€-6k▲
Transfer from tax-exempt reserves789€10k€0▼
Profit (loss) for the period to be appropriated9905€1k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-51k▼
Profit (loss) brought forward from the previous period14P€-47k€-46k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
12-08
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · OLTEC BV KRUISEEKSTRAAT 6, 8810 LICHTERVELDE · event 06-08-2024
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
06-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 279 days late
2020
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
21-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 418 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
08-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 39 days late
2014
03-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lichtervelde · 1 establishment unit since 1999
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.
Kruiseekstraat 68810 LichterveldeGround area
4,338 m²
Building footprint
161 m²
Volume, LiDAR
721 m³
Parcel 36011E0097/00F000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
OLTEC BVBA
since 19992.091.912.688
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011E0097/00F000 | Flanders | 4,338 m² | 1 · 160 m² | 6.2 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ASTRID LESCOUHIER DOMEIN DE HERTEN,
HERTSBERGSESTRAAT 4, 8020 OOSTKAMP- |
06-08-2024 → present |
Similar companies · same sector, comparable size
URGE
BE 0776.445.408
Beringen · Eq €20k
WAUTERS
BE 0477.458.546
Bierbeek · Eq €20k
DE VLIEGER-VAN DEYNSE
BE 0677.996.841
Maldegem · Eq €20k
Etablissements GUATIERI
BE 0459.623.612
Sint-Pieters-Woluwe · Eq €20k
BORREMANSCV
BE 0720.675.554
Mechelen · Eq €20k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 3,495 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-1999
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
01430Raising of horses and other equines
01620Support activities for animal production
43211General electrical installation work
45310
47639Retail sale of other sporting goods
47640Retail trade
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.