Skip to content

OLY TEAM

Judicial reorganisation
Private limited companyfounded 20197 yrs activeDorp 3, 1933 Zaventem, BelgiumKBO/BCE: BE 0717.597.189
Summary

The file of OLY TEAM contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€29,614) and a net result of -€336. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 1918 sector peers (fiscal year 2025).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Brussels
Opened
5 May 2026
Track
Reorganisation by amicable settlement
Docket number
20260011
Moratorium until
4 September 2026 (passed; an extension would be in a later judgment)
Delegated judge
Frank Taildeman Janssens Casteels
Official Gazette
13-05-2026 (pdf) ↗search the document for 2026/120092

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. An amicable settlement binds only the creditors who sign it. You decide whether you sign.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

Embed in an article

Writing about this reorganisation? Put the card of OLY TEAM in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Checked score

Score 2025
Axes · tick = 2024
Profitability44▲+44
Solvency0▼-3
Growth32=
Track record60
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.72 against 0.63 in 2024; short-term debt: 125.5% and cash: 7% of total assets), and equity is negative.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€29,614
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filings
Deviation from the deadline
2025
31 d late
2024
92 d late
2023
211 d late
2022
31 d late
2021
91 d late
2020
31 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 78 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 30 October (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 January 2019, OLY TEAM was incorporated.1 Total assets went from EUR 44,370 in 2019 to EUR 115,915 in 2025 and headcount from 2.1 full-time equivalents in 2019 to 6.7 in 2024.2 A judicial reorganisation was opened on 5 May 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2024 and 2025
  3. 3Belgian State Gazette, 13-05-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
-€29,614▼ 1.1%
2024 · -€29,278
Total assets
€115,915▼ 14.7%
2024 · €135,897
Net result
-€336▲ 99.2%
2024 · -€41,488
Working capital
-€41,404▲ 31.5%
2024 · -€60,461
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€2,458▼ 86.6%€16,131▲ 556%-€26,554-€40,869▼ 53.9%€9,961
Net result-€2,720below the sector's middle half€17,864within the sector's middle half-€29,431below the sector's middle half-€41,488below the sector's middle half▼ 41.0%-€336below the sector's middle half▲ 99.2%
Equity€23,777within the sector's middle half▼ 10.3%€41,641within the sector's middle half▲ 75.1%€12,210within the sector's middle half▼ 70.7%-€29,278below the sector's middle half-€29,614below the sector's middle half▼ 1.1%
Total assets€142,979within the sector's middle half▲ 93.9%€258,199within the sector's middle half▲ 80.6%€210,267within the sector's middle half▼ 18.6%€135,897within the sector's middle half▼ 35.4%€115,915below the sector's middle half▼ 14.7%
Debt€119,203▲ 152%€216,558▲ 81.7%€198,057▼ 8.5%€165,175▼ 16.6%€145,529▼ 11.9%
Working capital-€7,138within the sector's middle half-€25,950below the sector's middle half▼ 264%-€32,043below the sector's middle half▼ 23.5%-€60,461below the sector's middle half▼ 88.7%-€41,404below the sector's middle half▲ 31.5%
Solvency16.6%within the sector's middle half▼ 19.3pp16.1%within the sector's middle half▼ 0.5pp5.8%below the sector's middle half▼ 10.3pp-21.5%below the sector's middle half▼ 27.4pp-25.5%below the sector's middle half▼ 4.0pp
Current ratio0.88within the sector's middle half▼ 0.570.86within the sector's middle half▼ 0.020.83within the sector's middle half▼ 0.030.63below the sector's middle half▼ 0.200.72below the sector's middle half▲ 0.08
Return on assets (ROA)-1.9%below the sector's middle half▼ 20.6pp6.9%within the sector's middle half▲ 8.8pp-14.0%below the sector's middle half▼ 20.9pp-30.5%below the sector's middle half▼ 16.5pp-0.3%below the sector's middle half▲ 30.2pp
Staff (FTE)3.7▲ 2.8%4.2▲ 13.5%6.3▲ 50.0%6.7▲ 6.3%
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2021: €2,458€2,458Net result 2021: -€2,720-€2,720Operating result 2022: €16,131€16,131Net result 2022: €17,864€17,864Operating result 2023: -€26,554-€26,554Net result 2023: -€29,431-€29,431Operating result 2024: -€40,869-€40,869Net result 2024: -€41,488-€41,488Operating result 2025: €9,961€9,961Net result 2025: -€336-€33620212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€26,554-€26,600Net result 2023: -€29,431-€29,400Operating result 2024: -€40,869-€40,900Net result 2024: -€41,488-€41,500Operating result 2025: €9,961€9,960Net result 2025: -€336-€336202320242025
The operating result returns to profit in 2025: €9,961 after a loss of €40,869 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115,915
Fixed assets €11,790 ▼ 62.2%
Current assets €104,124 ▼ 0.6%
Equity and liabilities
Equity-€29,614
Debt€145,529
Equity is negative: debt (€145,529) exceeds the balance-sheet total (€115,915).
Key figures and ratios
2025 value · change against 2024
EBITDA
€31,354▲
2024 · -€12,725
Cash flow
€21,057▲
2024 · -€13,344
Interest coverage
3.05▲
2024 · -2.88
Debt ≤ 1 year
€145,529▼
2024 · €165,175
Staff costs
€218,777▼
2024 · €248,330
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€135,897€115,915▼
Fixed assets21/28€31,184€11,790▼
Tangible fixed assets22/27€30,914€9,520▼
Furniture and vehicles24€18,541€6,478▼
Leasing and similar rights25€12,372€3,042▼
Financial fixed assets28€270€2,270▲
Current assets29/58€104,713€104,124▼
Amounts receivable within one year40/41€101,869€91,950▼
Trade receivables40€90,251€79,446▼
Other amounts receivable41€11,617€12,505▲
Cash at bank and in hand54/58-€8,159
Deferred charges and accrued income490/1€2,845€4,014▲
Equity and liabilities
Total equity and liabilities10/49€135,897€115,915▼
Equity10/15-€29,278-€29,614▼
Contributions10/11€4,001€4,001=
Outside capital11€4,001€4,001=
Other1109/19€4,001€4,001=
Profit (loss) carried forward14-€33,279-€33,615▼
Amounts payable17/49€165,175€145,529▼
Amounts payable within one year42/48€165,175€145,529▼
Current portion of amounts payable after more than one year42€4,986-
Financial debts43€2,367-
Credit institutions430/8€2,367-
Trade debts44€22,449€44,444▲
Suppliers440/4€22,449€44,444▲
Taxes, remuneration and social security45€135,373€101,085▼
Taxes450/3€39,903€19,793▼
Remuneration and social security454/9€95,469€81,292▼
Income statement Code20242025
Remuneration, social security and pensions62€248,330€218,777▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,143€21,393▼
Other operating charges640/8€8,668€9,843▲
Gross operating margin9900€244,273€259,973▲
Operating profit (loss)9901-€40,869€9,961▲
Financial income75/76B€5,889€0▼
Recurring financial income75€5,889€0▼
Financial charges65/66B€4,426€10,297▲
Recurring financial charges65€4,426€10,297▲
Profit (loss) for the period before taxes9903-€39,406-€336▲
Income taxes67/77€2,082-
Profit (loss) for the period9904-€41,488-€336▲
Profit (loss) for the period to be appropriated9905-€41,488-€336▲
Appropriation of the result
Profit (loss) to be appropriated9906-€33,279-€33,615▼
Profit (loss) brought forward from the previous period14P€8,209-€33,279▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€110,708€142,469€185,195€248,330€218,777▼ 11.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,737€28,658€31,764€28,143€21,393▼ 24.0%
Other operating charges640/8€638€1,443€4,572€8,668€9,843▲ 13.6%
Gross operating margin9900€124,541€188,700€194,977€244,273€259,973▲ 6.4%
Operating profit (loss)9901€2,458€16,131-€26,554-€40,869€9,961▲ 124%
Financial income75/76B-€8,300€1,417€5,889€0▼ 100.0%
Recurring financial income75-€8,300€1,417€5,889€0▼ 100.0%
Financial charges65/66B€3,054€3,733€4,294€4,426€10,297▲ 133%
Recurring financial charges65€3,054€3,733€4,294€4,426€10,297▲ 133%
Profit (loss) for the period before taxes9903-€596€20,698-€29,431-€39,406-€336▲ 99.1%
Income taxes67/77€2,124€2,834-€2,082--
Profit (loss) for the period9904-€2,720€17,864-€29,431-€41,488-€336▲ 99.2%
Profit (loss) for the period to be appropriated9905-€2,720€17,864-€29,431-€41,488-€336▲ 99.2%
Line20212022202320242025Change
Assets
Total assets20/58€142,979€258,199€210,267€135,897€115,915▼ 14.7%
Fixed assets21/28€89,243€99,585€49,238€31,184€11,790▼ 62.2%
Tangible fixed assets22/27€88,973€99,315€48,968€30,914€9,520▼ 69.2%
Furniture and vehicles24€48,610€68,282€27,266€18,541€6,478▼ 65.1%
Leasing and similar rights25€40,363€31,033€21,703€12,372€3,042▼ 75.4%
Financial fixed assets28€270€270€270€270€2,270▲ 741%
Current assets29/58€53,737€158,614€161,028€104,713€104,124▼ 0.6%
Amounts receivable within one year40/41€44,299€68,267€140,287€101,869€91,950▼ 9.7%
Trade receivables40€16,502€38,221€129,349€90,251€79,446▼ 12.0%
Other amounts receivable41€27,797€30,047€10,939€11,617€12,505▲ 7.6%
Cash at bank and in hand54/58€5,904€81,471€7,931-€8,159-
Deferred charges and accrued income490/1€3,533€8,875€12,810€2,845€4,014▲ 41.1%
Equity and liabilities
Total equity and liabilities10/49€142,979€258,199€210,267€135,897€115,915▼ 14.7%
Equity10/15€23,777€41,641€12,210-€29,278-€29,614▼ 1.1%
Contributions10/11€4,001€4,001€4,001€4,001€4,001=
Outside capital11€4,001€4,001€4,001€4,001€4,001=
Other1109/19€4,001€4,001€4,001€4,001€4,001=
Profit (loss) carried forward14€19,776€37,640€8,209-€33,279-€33,615▼ 1.0%
Amounts payable17/49€119,203€216,558€198,057€165,175€145,529▼ 11.9%
Amounts payable after more than one year17€58,328€31,994€4,986---
Financial debts170/4€58,328€31,994€4,986---
Amounts payable within one year42/48€60,875€184,563€193,071€165,175€145,529▼ 11.9%
Current portion of amounts payable after more than one year42€25,675€26,333€27,009€4,986--
Financial debts43---€2,367--
Credit institutions430/8---€2,367--
Trade debts44-€55,805€71,733€22,449€44,444▲ 98.0%
Suppliers440/4-€55,805€71,733€22,449€44,444▲ 98.0%
Taxes, remuneration and social security45€35,200€102,425€94,329€135,373€101,085▼ 25.3%
Taxes450/3€9,922€72,249€32,606€39,903€19,793▼ 50.4%
Remuneration and social security454/9€25,278€30,175€61,724€95,469€81,292▼ 14.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€2,720€17,864-€29,431-€41,488-€336▲ 99.2%
+ Depreciation and write-downs630€10,737€28,658€31,764€28,143€21,393▼ 24.0%
Operating cash flow (approximation)€8,017€46,522€2,332-€13,344€21,057▲ 258%
Investment in fixed assets (approximation)--€39,000€18,583-€10,089-€2,000▲ 80.2%
Change in cash-€75,567-€73,540---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
13-05
Judicial reorganisation Opening
ondernemingsrechtbank Brussel · amicable agreement · event 05-05-2026
2025
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
27-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 211 days late
2024
31-12
Financial Weakest financial yearnet -€41,488
Net result drops to -€41,488, the lowest in the series; recovery starts the following year.
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Back to profitnet €17,864
Net result €17,864 after one loss-making year.
30-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 91 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
166 m²
Building footprint
138 m²
Volume, LiDAR
1,184 m³
Parcel 23082B0337/00Y000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
OLY TEAM
Dorp 3, 1933 ZaventemManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20192.283.391.975
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23082B0337/00Y000 Flanders 166 m² 1 · 138 m² 11.4 m · 3 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.

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT
since 13-05-2024

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,573 companies in this sector we hold annual accounts for 8,205. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded03-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Contact
E-mail olyteamm@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0717597189
Also 9925:BE0717597189
Registered 09-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.