OLYMPE
ActiveSummary
The computed 12-month bankruptcy probability of OLYMPE is 1.9% (moderate). The 2025 annual accounts show equity of €351,180 and a net result of €79,056. Equity is growing by ~39.7% per year across the filed fiscal years. The company has been active since 1995 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▼-6
Solvency100=
Growth78=
Track record84
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 9.29 against 14.64 in 2024; short-term debt: 10.5% and cash: 2.4% of total assets), and 10.5% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
89.5%
Return on assets
20.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
3 d early
2023
47 d early
2022
19 d early
2021
336 d late
2020
3 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€351,180▲ 29.1%
2024 · €272,125
Total assets
€392,336▲ 34.6%
2024 · €291,411
Net result
€79,056▲ 5.1%
2024 · €75,223
Working capital
€341,175▲ 29.7%
2024 · €263,069
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
Line20212022202320242025
Operating result€39,454▼ 33.7%€46,199▲ 17.1%€98,167▲ 112%€107,478▲ 9.5%€124,433▲ 15.8%
Net result€23,651▼ 34.2%€30,704▲ 29.8%€68,038▲ 122%€75,223▲ 10.6%€79,056▲ 5.1%
Equity€98,159▲ 31.7%€128,863▲ 31.3%€196,901▲ 52.8%€272,125▲ 38.2%€351,180▲ 29.1%
Total assets€137,672▲ 16.6%€153,103▲ 11.2%€224,495▲ 46.6%€291,411▲ 29.8%€392,336▲ 34.6%
Debt€39,513▼ 9.3%€24,240▼ 38.7%€27,594▲ 13.8%€19,286▼ 30.1%€41,155▲ 113%
Working capital€94,896▲ 13.3%€121,722▲ 28.3%€186,982▲ 53.6%€263,069▲ 40.7%€341,175▲ 29.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €392,336
Fixed assets
€10,005 ▲ 10.5%
Current assets
€382,330 ▲ 35.4%
Equity and liabilities €392,336
Equity
€351,180 ▲ 29.1%
Debt
€41,155 ▲ 113%
Debt's share of the balance-sheet total rises from 6.6% to 10.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€126,233▲
2024 · €109,278
Cash flow
€80,856▲
2024 · €77,023
Current ratio
9.29▼
2024 · 14.64
Debt to equity
0.12▲
2024 · 0.07
ROE
22.5%▼
2024 · 27.6%
ROA
20.2%▼
2024 · 25.8%
Interest coverage
442.69▲
2024 · 271.16
Debt ≤ 1 year
€41,155▲
2024 · €19,286
Income taxes
€45,091▲
2024 · €31,852
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,077 | €1,907 | €3,175 | €1,800 | €1,800 | = |
| Other operating charges640/8 | €660 | €1,145 | €2,561 | €1,076 | €780 | ▼ 27.5% |
| Gross operating margin9900 | €42,191 | €49,251 | €103,903 | €110,354 | €127,013 | ▲ 15.1% |
| Operating profit (loss)9901 | €39,454 | €46,199 | €98,167 | €107,478 | €124,433 | ▲ 15.8% |
| Financial income75/76B | €276 | €80 | €832 | - | - | - |
| Recurring financial income75 | €276 | €80 | €832 | - | - | - |
| Financial charges65/66B | €721 | €825 | €653 | €403 | €285 | ▼ 29.2% |
| Recurring financial charges65 | €721 | €825 | €653 | €403 | €285 | ▼ 29.2% |
| Profit (loss) for the period before taxes9903 | €39,009 | €45,454 | €98,346 | €107,075 | €124,147 | ▲ 15.9% |
| Income taxes67/77 | €15,358 | €14,750 | €30,308 | €31,852 | €45,091 | ▲ 41.6% |
| Profit (loss) for the period9904 | €23,651 | €30,704 | €68,038 | €75,223 | €79,056 | ▲ 5.1% |
| Profit (loss) for the period to be appropriated9905 | €23,651 | €30,704 | €68,038 | €75,223 | €79,056 | ▲ 5.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €137,672 | €153,103 | €224,495 | €291,411 | €392,336 | ▲ 34.6% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €15,938 | €14,031 | €10,856 | €9,056 | €10,005 | ▲ 10.5% |
| Tangible fixed assets22/27 | €15,938 | €14,031 | €10,856 | €9,056 | €10,005 | ▲ 10.5% |
| Land and buildings22 | €3,803 | €3,803 | €3,803 | €3,803 | €3,803 | = |
| Furniture and vehicles24 | €12,135 | €10,228 | €7,053 | €5,253 | €6,202 | ▲ 18.1% |
| Current assets29/58 | €121,734 | €139,072 | €213,639 | €282,355 | €382,330 | ▲ 35.4% |
| Amounts receivable within one year40/41 | €101,719 | €114,481 | €201,137 | €262,282 | €372,950 | ▲ 42.2% |
| Trade receivables40 | - | - | €12,555 | €8,847 | €10,409 | ▲ 17.7% |
| Other amounts receivable41 | €101,719 | €114,481 | €188,582 | €253,435 | €362,541 | ▲ 43.1% |
| Cash at bank and in hand54/58 | €20,015 | €24,591 | €12,502 | €20,073 | €9,380 | ▼ 53.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €137,672 | €153,103 | €224,495 | €291,411 | €392,336 | ▲ 34.6% |
| Equity10/15 | €98,159 | €128,863 | €196,901 | €272,125 | €351,180 | ▲ 29.1% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €69,673 | €99,673 | €164,673 | €234,674 | €312,673 | ▲ 33.2% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €67,814 | €97,814 | €162,814 | €232,815 | €310,814 | ▲ 33.5% |
| Profit (loss) carried forward14 | €9,894 | €10,598 | €13,636 | €18,859 | €19,915 | ▲ 5.6% |
| Amounts payable17/49 | €39,513 | €24,240 | €27,594 | €19,286 | €41,155 | ▲ 113% |
| Amounts payable after more than one year17 | €12,675 | €6,890 | €937 | - | - | - |
| Financial debts170/4 | €12,675 | €6,890 | €937 | - | - | - |
| Amounts payable within one year42/48 | €26,838 | €17,350 | €26,657 | €19,286 | €41,155 | ▲ 113% |
| Current portion of amounts payable after more than one year42 | €4,600 | €4,600 | €4,600 | - | - | - |
| Trade debts44 | €21,872 | - | €15,557 | €286 | €2,105 | ▲ 636% |
| Suppliers440/4 | €21,872 | - | €15,557 | €286 | €2,105 | ▲ 636% |
| Taxes, remuneration and social security45 | - | €12,750 | €6,500 | €19,000 | €39,050 | ▲ 106% |
| Taxes450/3 | - | €12,750 | €6,500 | €19,000 | €39,050 | ▲ 106% |
| Other amounts payable47/48 | €366 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,651 | €30,704 | €68,038 | €75,223 | €79,056 | ▲ 5.1% |
| + Depreciation and write-downs630 | €2,077 | €1,907 | €3,175 | €1,800 | €1,800 | = |
| Operating cash flow (approximation) | €25,728 | €32,611 | €71,213 | €77,023 | €80,856 | ▲ 5.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,749 | - |
| Change in cash | - | €4,576 | -€12,089 | €7,571 | -€10,693 | ▼ 241% |
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
Next filing, fiscal year 2026, expected by
2026
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €79,056 ▲5.1%
Operating result €124,433, net result €79,056, both a record.
07-03
KBO administration
Address strikeout annulled
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
17-01
KBO administration
Address struck
Groeneweg 21 8755 Die Sitzadresse Groeneweg 21 8755 Ruise-
lede · event 19-10-2024
2024
30-06
Financial
Equity above €200,000Eq €272,125 ▲38.2%
6 profitable years in a row build equity to €272,125.
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €150,000Eq €196,901 ▲52.8%
5 profitable years in a row build equity to €196,901.
12-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
02-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 336 days late
2022
30-06
Financial
Equity above €100,000Eq €128,863 ▲31.3%
4 profitable years in a row build equity to €128,863.
2021
30-06
Financial
Weakest financial yearnet €23,651 ▼34.2%
Net result drops to €23,651, the lowest in the series; recovery starts the following year.
Show earlier events
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
16-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Oostende · 1 establishment unit since 1995
Ground area
452 m²
Building footprint
452 m²
Volume, LiDAR
11,730 m³
Parcel 35385B0006/00R000, Flanders · tallest building 29.6 m, ±9 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
OLYMPE
since 19952.072.972.845
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35385B0006/00R000 | Flanders | 452 m² | 2 · 452 m² | 29.6 m · 9 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-06-1995
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455512592
Also
9925:BE0455512592
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.