Summary
Olvin 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 €112,896 and a net result of €123,424. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 9866 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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.
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Signals
1 signal. 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 11-10-2025, 72 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
72 d late
2023
118 d late
2022
31 d late
2021
31 d late
2020
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 50 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€112,896▼ 52.2%
2023 · €235,942
Net result
€123,424▲ 174%
2023 · €45,103
Total assets
€239,533▼ 17.8%
2023 · €291,319
Solvency
47.1%▼ 33.9pp
2023 · 81.0%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€89,509-€100,020▲ 11.7%€47,188▼ 52.8%€55,461▲ 17.5%€152,363▲ 175%
Net result€69,620-€78,120▲ 12.2%€40,099▼ 48.7%€45,103▲ 12.5%€123,424▲ 174%
Equity€72,620-€150,740▲ 108%€190,839▲ 26.6%€235,942▲ 23.6%€112,896▼ 52.2%
Total assets€107,840-€240,132▲ 123%€266,896▲ 11.1%€291,319▲ 9.2%€239,533▼ 17.8%
Debt€35,219-€89,392▲ 154%€76,056▼ 14.9%€55,376▼ 27.2%€126,637▲ 129%
Working capital€69,917-€148,119▲ 112%€168,151▲ 13.5%€182,244▲ 8.4%€70,476▼ 61.3%
Solvency67.3%-62.8%▼ 4.6pp71.5%▲ 8.7pp81.0%▲ 9.5pp47.1%▼ 33.9pp
Staff (FTE)0.2-0.8▲ 300%1▲ 25.0%0.4▼ 60.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 175% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €239,533
Fixed assets
€43,970 ▼ 18.1%
Current assets
€195,563 ▼ 17.7%
Equity and liabilities €239,533
Equity
€112,896 ▼ 52.2%
Debt
€126,637 ▲ 129%
Debt's share of the balance-sheet total rises from 19.0% to 52.9%. Equity is lower and debt is higher.
Key figures and ratios
ROE
109.3%▲
2023 · 19.1%
ROA
51.5%▲
2023 · 15.5%
Debt ≤ 1 year
€125,087▲
2023 · €55,376
Income taxes
€28,261▲
2023 · €13,788
Staff costs
-€219▼
2023 · €24,740
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €49,638 | €66,848 | €24,740 | -€219 | ▼ 101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €464 | €1,221 | €4,073 | €8,610 | €9,728 | ▲ 13.0% |
| Other operating charges640/8 | - | €613 | €1,097 | €927 | €829 | ▼ 10.6% |
| Gross operating margin9900 | €96,535 | €151,492 | €119,206 | €89,738 | €162,701 | ▲ 81.3% |
| Operating profit (loss)9901 | €89,509 | €100,020 | €47,188 | €55,461 | €152,363 | ▲ 175% |
| Financial income75/76B | - | €3 | €5,328 | €4,732 | €1,463 | ▼ 69.1% |
| Recurring financial income75 | - | €3 | €5,328 | €4,732 | €1,463 | ▼ 69.1% |
| Financial charges65/66B | - | €50 | €1,193 | €1,302 | €2,141 | ▲ 64.4% |
| Recurring financial charges65 | €51 | €50 | €1,193 | €1,302 | €2,141 | ▲ 64.4% |
| Profit (loss) for the period before taxes9903 | €89,459 | €99,974 | €51,322 | €58,891 | €151,685 | ▲ 158% |
| Income taxes67/77 | €19,838 | €21,854 | €11,224 | €13,788 | €28,261 | ▲ 105% |
| Profit (loss) for the period9904 | €69,620 | €78,120 | €40,099 | €45,103 | €123,424 | ▲ 174% |
| Profit (loss) for the period to be appropriated9905 | €69,620 | €78,120 | €40,099 | €45,103 | €123,424 | ▲ 174% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €107,840 | €240,132 | €266,896 | €291,319 | €239,533 | ▼ 17.8% |
| Fixed assets21/28 | €2,703 | €2,621 | €22,689 | €53,698 | €43,970 | ▼ 18.1% |
| Tangible fixed assets22/27 | €2,703 | €2,621 | €22,689 | €53,698 | €43,970 | ▼ 18.1% |
| Plant, machinery and equipment23 | - | €296 | €59 | €1,131 | €565 | ▼ 50.0% |
| Furniture and vehicles24 | - | €2,325 | €22,629 | €19,917 | €14,218 | ▼ 28.6% |
| Other tangible fixed assets26 | - | - | - | €32,650 | €29,186 | ▼ 10.6% |
| Current assets29/58 | €105,136 | €237,511 | €244,207 | €237,620 | €195,563 | ▼ 17.7% |
| Amounts receivable after more than one year29 | - | €100,000 | €136,941 | €136,941 | - | - |
| Other amounts receivable291 | - | €100,000 | €136,941 | €136,941 | - | - |
| Amounts receivable within one year40/41 | €48,559 | €56,298 | €98,856 | €32,203 | €86,705 | ▲ 169% |
| Trade receivables40 | - | €56,298 | €30,856 | €25,025 | €72,343 | ▲ 189% |
| Other amounts receivable41 | - | - | €68,000 | €7,179 | €14,363 | ▲ 100% |
| Cash at bank and in hand54/58 | €54,707 | €79,801 | €7,131 | €63,483 | €106,560 | ▲ 67.9% |
| Deferred charges and accrued income490/1 | - | €1,412 | €1,279 | €4,993 | €2,298 | ▼ 54.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €107,840 | €240,132 | €266,896 | €291,319 | €239,533 | ▼ 17.8% |
| Equity10/15 | €72,620 | €150,740 | €190,839 | €235,942 | €112,896 | ▼ 52.2% |
| Contributions10/11 | - | €3,000 | €3,000 | €3,000 | €10,000 | ▲ 233% |
| Reserves13 | €65,000 | €140,000 | €140,000 | €140,000 | - | - |
| Distributable reserves133 | - | €140,000 | €140,000 | €140,000 | - | - |
| Profit (loss) carried forward14 | €4,620 | €7,740 | €47,839 | €92,942 | €102,896 | ▲ 10.7% |
| Amounts payable17/49 | €35,219 | €89,392 | €76,056 | €55,376 | €126,637 | ▲ 129% |
| Amounts payable within one year42/48 | €35,219 | €89,392 | €76,056 | €55,376 | €125,087 | ▲ 126% |
| Trade debts44 | €2,361 | €9,766 | €17,147 | €28,953 | €10,162 | ▼ 64.9% |
| Suppliers440/4 | - | €9,766 | €17,147 | €28,953 | €10,162 | ▼ 64.9% |
| Advances received on contracts in progress46 | - | €6,600 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €65,969 | €58,909 | €26,424 | €36,455 | ▲ 38.0% |
| Taxes450/3 | - | €55,587 | €44,985 | €26,138 | €33,895 | ▲ 29.7% |
| Remuneration and social security454/9 | - | €10,381 | €13,924 | €286 | €2,560 | ▲ 795% |
| Other amounts payable47/48 | - | €7,058 | - | - | €78,471 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,550 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,620 | €78,120 | €40,099 | €45,103 | €123,424 | ▲ 174% |
| + Depreciation and write-downs630 | €464 | €1,221 | €4,073 | €8,610 | €9,728 | ▲ 13.0% |
| Operating cash flow (approximation) | €70,084 | €79,341 | €44,172 | €53,713 | €133,152 | ▲ 148% |
| Investment in fixed assets (approximation) | - | -€1,139 | -€24,141 | -€39,620 | €0 | ▲ 100% |
| Change in cash | - | €25,094 | -€72,669 | €56,352 | €43,077 | ▼ 23.6% |
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
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 72 days late
2024
31-12
Financial
Highest result since 2020net €123,424 ▲174%
Operating result €152,363, net result €123,424, both a record.
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2023
31-12
Financial
Equity above €200,000Eq €235,942 ▲23.6%
4 profitable years in a row build equity to €235,942.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €40,099 ▼48.7%
Net result drops to €40,099, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €150,000Eq €150,740 ▲108%
2 profitable years in a row build equity to €150,740.
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Schilde · 1 establishment unit since 2019
Ground area
2,006 m²
Building footprint
238 m²
Volume, LiDAR
4,327 m³
Parcel 11041B0143/00K000, Flanders · tallest building 24.7 m, ±7 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Olvin
since 20192.292.145.632
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0143/00K000 | Flanders | 2,006 m² | 1 · 238 m² | 24.6 m · 7 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 12,623 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
Founded12-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0732545384
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.