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OLYMPIA

Active
Public limited companyfounded 1954active for 71 yearsSteenweg Asse(HN) 183, 1540 Pajottegem, BelgiumKBO/BCE: BE 0400.924.952
Summary

The computed 12-month bankruptcy probability of OLYMPIA is 4.9% (elevated). The 2025 annual accounts show negative equity (-€36.3m) and a net result of -€26.2m. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 788 sector peers (NACE 10, financial year 2025). The company has been active since 1954 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
OLYMPIAActiveChecked score 34/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 21-11-1954 Normal situation
Activity
Manufacture of food products NACE 10510
Joint committees
118 Paritair Comité voor de voedingsnijverheid
220 Paritair Comité voor de bedienden uit de voedingsnijverheid · annual accounts 2025
Establishment unit
2.007.032.740 1540 Pajottegem, since 01-11-1954
Financial year end
31 December
Peppol
Reachable
Company details

Board and ownership

Board
Auditor
Deloitte Bedrijfsrevisoren
Shareholders
Board & ownership

Financial position

34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.9%
Annual accounts 2025
Turnover
€62.3m
▼ 39.5%
Loss
€26.2m
▲ 199%
Equity
-€36.3m
▼ 261%
Total assets
€26.1m
▼ 44.7%
Employees on 31-12-2025
27
▼ 85.0%
  • Negative equity on 31-12-2025
Filed on 06-07-2026, 25 days before the deadline
Financials
Score breakdownraises riskNegative equity -€36.3mLoss of €26.2m, the second in a row (financial year 2025)Sector: Manufacture of food products (NACE 10)Liquidity: current ratio 0.52, cash €1.5mShow the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 6% of medium-sized companies in food products (NACE 10)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0-4
equity -139.1% of total assets
Liquidity 22-14
short-term debt 66.1% · cash 5.6%
Profitability 0-2
return on assets -100.5%
Bankruptcy probability within 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (226 companies, NACE 10, medium-sized)
Last 24 months 12-2024: 1.8% 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025lowest value 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 1.9%▲ +0.1 percentage points vs 06-2025 08-2025: 3.3%▲ +1.4 percentage points vs 07-2025 09-2025: 3.3%● unchanged vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 3.3%● unchanged vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 3.3%● unchanged vs 05-2026 07-2026: 3.4%▲ +0.1 percentage points vs 06-2026 08-2026: 4.9%▲ +1.5 percentage points vs 07-2026highest value 09-2026: 4.9%● unchanged vs 08-2026highest value 10-2026: 4.9%● unchanged vs 09-2026highest value 11-2026: 4.9%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.52 (1.41 in 2024), below 1. Short-term debt is 66.1% and cash 5.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, medium-sized). It does better than 1% of them on solvency, 17% on liquidity, 3% on profitability and 2% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Negative equity -€36.3m
NBB · annual accounts
raises risk · Loss of €26.2m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Liquidity: current ratio 0.52, cash €1.5m
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€36.3m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
29 days early
2023
15 days early
2022
18 days early
2021
38 days early
2020
40 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€36.3m View
  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€26.2m View
  • Caution: Result fell in 2025from -€8.8m to -€26.2m ▼ 199% View
  • Caution: Lower solvency than 95% of companies in food productssector median 39.7% · 788 companies -139.1% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Appointment: Deloitte Bedrijfsrevisoren (statutory auditor)
  2. · Gazette deed Appointment: BDO Bedrijfsrevisoren (statutory auditor)Resignation: Mittere consulting BV (day-to-day manager) · Permanent representative: Kris Roosen
  3. · Gazette deed Capital increase of €1,700,000 to €16,766,619.88
All 39 events

Companies linked to OLYMPIA

Comparable companies

These companies have the same main activity as OLYMPIA: manufacture of food products (NACE 10510). They are comparable in size and age: total assets between €13m and €35m, founded between 1934 and 1991.

CompanyTotal assetsTurnover
OLYMPIA Pajottegem€26.1m€62.3m
Melk Inrichting Kruishoutem Kruisem€14.3m€38.4m
Société fermière Rochefort Ardennes Etablissements Mathot Rochefort€35.0m€125.6m
Capra Halen€34.7m€85.8m
CAMAL Blégny€13.4m€41.7m
MONDELEZ NAMUR PRODUCTION Namur€31.5m€48.1m
EURODESSERTS Beringen€23.2m€25.2m
Full comparison

Key facts about OLYMPIA
What is the company number of OLYMPIA?
The company number of OLYMPIA is 0400.924.952. The VAT number is the same number with BE in front: BE 0400.924.952.
Where is OLYMPIA based?
The registered office is at Steenweg Asse(HN) 183, 1540 Pajottegem.Company details
What does OLYMPIA do?
According to the KBO register, the main activity is manufacture of food products (NACE 10510).
What is the legal form of OLYMPIA?
The legal form of OLYMPIA is Public limited company (NV).
When was OLYMPIA founded?
OLYMPIA was founded on 21-11-1954.
Is OLYMPIA still active?
Yes, OLYMPIA is an active enterprise in the KBO register.
How many employees does OLYMPIA have?
OLYMPIA had an average of 115.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does OLYMPIA fall under?
In its 2025 annual accounts, OLYMPIA states joint committees 118 (Paritair Comité voor de voedingsnijverheid) and 220 (Paritair Comité voor de bedienden uit de voedingsnijverheid).
What is the turnover of OLYMPIA?
The turnover of OLYMPIA was €62.3m in financial year 2025, according to the filed annual accounts.
Is OLYMPIA profitable?
In financial year 2025, OLYMPIA made a loss of €26.2m.
Where can I find the annual accounts of OLYMPIA?
OLYMPIA filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OLYMPIA due?
OLYMPIA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies

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