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OLYMPIA

Active Public limited companyfounded 1986active for 40 yearsKuringersteenweg 242, 3500 HasseltKBO/BCE: BE 0428.689.817 subsidiary of Olympia Sports Group#3 oldest company in Hasselt, Arts, sports and recreation sector

Lifetime

18 annual accounts with figures on one time axis, 39 filings since 1987
peak €717,988 (2008)
€221,485▼ 2.8%
lowest -€71,702 (2010)
€79,267▼ 9.9%
peak €388,643 (2025)
€388,643▲ 25.6%
€682,586▲ 22.8%
peak 12.8 FTE (2009)
-not published
Board10 names since 2015
6 directorsMichèle Stevens and 5 others
Owners2 names in the annual accounts
Documentsfilings and deeds
10-06-202651 days before the deadline
2025abbreviated format
Equity from €309,376 to €388,643Debts from €555,738 to €682,586Investments €235,551

Key points

from the 2025 annual accounts

Equity

€388,643 ▲ 25.6%

OLYMPIA has made a profit without a break since 2022.

Turnover

≈ €560,000 estimated

The accounts state no turnover.

Debts

€682,586 ▲ 22.8%
Financial debts
+93,453
Suppliers
+14,249
Other debts
+391
The rest
+18,754

Debts rose by €126,848 in 2025.

Filings

39 annual accounts since 1987
AprilJune31 JulyOctober1990200020102020

The 2019 accounts came 69 days late. The other nine of the last ten were filed on time.

Board

4 joined

New directors. Latest change 31-12-2025 · 6 in office.

Checked score

94
Excellent
Financially stronger than 55% of micro companies in sports and recreation (NACE 93)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 4,268 companies (NACE 93, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

61=equity 36.3% of total assets
43+2short-term debt 21.9% · cash 0.7%
71-4return on assets 7.4%

Score breakdown

raises risk
Liquidity: current ratio 0.50, cash €7,188
lowers risk
Size: total assets €1.1m
Founded in 1986
Figures for financial year 2025 (filed on 10-06-2026)
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 93, micro). It does better than 56% of them on solvency, 38% on liquidity, 51% on profitability and 74% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as OLYMPIA has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of OLYMPIA itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for OLYMPIA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.5 (0.32 in 2024), below 1. Short-term debt is 21.9% and cash 0.7% of total assets. 63.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 10-06-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.50, cash €7,188
NBB · annual accounts
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
35 days early
2023
37 days early
2022
55 days early
2021
23 days early
2020
58 days early
2019
69 days late
← 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 27 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% 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 25 June (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
09-11-2026 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

Board and ownership

JS
Managing director
MS
Managing director
MM
Mase Management BV
Director, since 31-12-2025
MA
Director, since 31-12-2025
OS
Director, since 31-12-2025
PF
Pro-Formance BV
Director, since 31-12-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0428689817
3 directors appointed, 1 resignation, 2 reappointments Appointments: Jo Severy, Manu Severy and Jan Larosse · Reappointments: Jan Severy (managing director) and Michèle Stevens (managing director) · Resignation: C-Rix NV · General meeting of 08-09-2020 · Gazette deed
First establishment Kuringersteenweg 242, Hasselt
Incorporation published on 11-04-1986 · Gazette deed
All 50 events

Comparable companies

same main activity, similar in size and age
Company
OLYMPIA Hasselt €1.1m €221,485 36.3% -
KANAAL Beringen €0.5m €271,821 47.6% -
VADE en Co Ixelles €0.5m €244,459 95.4% -
BALIX Mons €0.6m €120,260 23.3% -
SNOOKER INN Damme €0.4m €106,213 37.0% -
BOWLS & BALLS SA Wavre €0.4m €302,902 83.8% -
LOBKE Deerlijk €0.8m €122,375 9.8% -

These companies have the same main activity as OLYMPIA: sports, amusement and recreation activities (NACE 93292). They are comparable in size and age: total assets between €398,000 and €762,000, founded between 1976 and 2009.

Official details

Source: KBO
Status
Active since 19-03-1986Normal situation
Registered office
12 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Sports, amusement and recreation activitiesNACE 93292
Establishment unit
2.036.873.9973500 Hasselt, since 09-06-1986
Financial year end
31 December
Peppol
Reachable since 17-07-2026
Company details

Annual accounts 2025

€1.1m▲ 23.8%
Filing
Filed on 10-06-2026, 51 days before the end of the filing period
Financials

Insights on OLYMPIA

OLYMPIA files the abbreviated format. That format states no turnover. The gross margin fell from €717,988 in 2008 to €221,485 in 2025.

Olympia Sports Group holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about OLYMPIA

What is the company number of OLYMPIA?
The company number of OLYMPIA is 0428.689.817. The VAT number is the same number with BE in front: BE 0428.689.817.
Where is OLYMPIA based?
The registered office is at Kuringersteenweg 242, 3500 Hasselt.Company details
What does OLYMPIA do?
According to the KBO register, the main activity is sports, amusement and recreation activities (NACE 93292).
What is the legal form of OLYMPIA?
OLYMPIA is a public limited company (NV).
When was OLYMPIA founded?
OLYMPIA was founded on 19-03-1986.
Is OLYMPIA still active?
Yes, OLYMPIA is an active enterprise in the KBO register.
What is the turnover of OLYMPIA?
The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €221,485 and 1,647 comparable companies of the same size. It probably lies between €340,000 and €1.1m. It is a rough estimate.Financials
Is OLYMPIA profitable?
In financial year 2025, OLYMPIA made a profit of €79,267.
Where can I find the annual accounts of OLYMPIA?
OLYMPIA filed 39 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

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