OLÜMPIA VENTURES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.30M and a net result of €-204k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 2776 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
27 d late
2022
4 d early
2021
2 d early
2020
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Equity
€2.30M▼ 8.1%
2023 · €2.51M
2020: €1.49M
2021: €4.00M
2022: €4.05M
2023: €2.51M
2020 → 2024
Net result
€-204k
2023 · €134k
2020: €333k
2021: €3.29M
2022: €50k
2023: €134k
2020 → 2024
Total assets
€5.07M▼ 45.6%
2023 · €9.33M
2020: €9.40M
2021: €9.12M
2022: €9.12M
2023: €9.33M
2020 → 2024
Solvency
45.4%▲ 18.5pp
2023 · 26.9%
2020: 15.8%
2021: 43.8%
2022: 44.4%
2023: 26.9%
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€21k-€84k▲ 300%€84k=€84k=€84k=
Equity€1.49M-€4.00M▲ 169%€4.05M▲ 1.3%€2.51M▼ 38.1%€2.30M▼ 8.1%
Operating result€13k-€77k▲ 508%€79k▲ 2.5%€77k▼ 2.4%€76k▼ 0.8%
Net result€333k-€3.29M▲ 889%€50k▼ 98.5%€134k▲ 167%€-204k
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.07M
Fixed assets
€5.05M▼ 45.7%
Current assets
€23k▲ 19.3%
Equity and liabilities €5.07M
Equity
€2.30M▼ 8.1%
Debt
€2.77M▼ 59.4%
The debt ratio falls from 73.1% to 54.6%. Equity and debt are lower.
Key figures and ratios
Solvency
45.4%▲
2023 · 26.9%
ROE
-8.9%▼
2023 · 5.3%
ROA
-4.0%▼
2023 · 1.4%
Debt
€2.77M▼
2023 · €6.82M
Debt ≤ 1 year
€2.77M▼
2023 · €6.62M
Debt > 1 year
€0▼
2023 · €195k
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€9.33M€5.07M▼
Fixed assets21/28€9.31M€5.05M▼
Financial fixed assets28€9.31M€5.05M▼
Affiliated companies280/1€9.31M€5.05M▼
Participating interests280€9.11M€4.85M▼
Amounts receivable281€200k€200k=
Current assets29/58€19k€23k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€10k€10k▼
Trade receivables40€8k€8k=
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€9k€13k▲
Equity and liabilities
Total equity and liabilities10/49€9.33M€5.07M▼
Equity10/15€2.51M€2.30M▼
Contributions10/11€1.16M€1.16M=
Reserves13€1.35M€1.15M▼
Distributable reserves133€1.35M€1.15M▼
Amounts payable17/49€6.82M€2.77M▼
Amounts payable after more than one year17€195k€0▼
Financial debts170/4€195k€0▼
Credit institutions173€195k€0▼
Other loans174€0-
Amounts payable within one year42/48€6.62M€2.77M▼
Current portion of amounts payable after more than one year42€260k€195k▼
Trade debts44€483€2k▲
Suppliers440/4€483€2k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€6.36M€2.57M▼
Income statement
Code20232024
Operating income70/76A€84k€84k=
Turnover70€84k€84k=
Operating charges60/66A€7k€8k▲
Services and other goods61€6k€7k▲
Other operating charges640/8€1k€1k▲
Operating profit (loss)9901€77k€76k▼
Financial income75/76B€185k€4.00M▲
Recurring financial income75€185k€4.00M▲
Income from financial fixed assets750€175k€4.00M▲
Income from current assets751€10k€0▼
Other financial income752/9€0€0▼
Financial charges65/66B€128k€4.28M▲
Recurring financial charges65€128k€24k▼
Debt charges650€127k€23k▼
Other financial charges652/9€947€851▼
Non-recurring financial charges66B-€4.26M
Profit (loss) for the period before taxes9903€134k€-204k▼
Profit (loss) for the period9904€134k€-204k▼
Profit (loss) for the period to be appropriated9905€134k€-204k▼
Appropriation of the result
Profit (loss) to be appropriated9906€134k€-204k▼
Transfer from equity791/2€1.68M€204k▼
From reserves792€1.68M€204k▼
Transfer to equity691/2€134k€0▼
To other reserves6921€134k€0▼
Profit to be distributed694/7€1.68M€0▼
Return on contributions (dividend)694€1.68M€0▼
The notes to these accounts (35 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-204k ▼253%
Net result drops to €-204k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2020net €3.29M ▲889%
Net result €3.29M, the highest in the series.
31-12
Financial
Equity above €2MEq €4.00M ▲169%
2 profitable years in a row build equity to €4.00M.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wommelgem · 1 establishment unit since 2020
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.
Jacobsveldweg 142160 WommelgemGround area
2.4 ha
Building footprint
4,398 m²
Volume, LiDAR
31,368 m³
Parcel 11052B0195/00C000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OLÜMPIA VENTURES
since 20202.307.929.611
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052B0195/00C000 | Flanders | 2.4 ha | 1 · 4,398 m² | 10.2 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 10,483 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-2020
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.