Equity
€144,727 ▼ 0.6%
Olympos paid out €20,000 in dividends. That is 59% of the 2025 profit.
Olympos
Lifetime
12 annual accounts with figures on one time axispeak €179,938 (2023)
€138,252▼ 7.9%
lowest -€12,754 (2019)
€34,153▲ 0.1%
peak €145,574 (2024)
€144,727▼ 0.6%
€76,040▼ 11.6%
peak 2.2 FTE (2019)
-not published
Board1 name since 2021
1 directorPavlos Athanassiu
Documentsfilings and deeds
19-09-202650 days late
2025micro format
Dividend €20,000
Key points
from the 2025 annual accountsChecked score
86
Excellent
Financially stronger than 71% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%highest value
01-2025: 0.4%▼ -0.1 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%▼ -0.1 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.3%▼ -0.1 percentage points vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026lowest value
08-2026: 0.4%▲ +0.1 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026
10-2026: 0.4%▼ -0.1 percentage points vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 50 days late; 2 of the last 3 accounts late
Sector: Food and beverage service activities (NACE 56)
Size: total assets €220,767
lowers risk
Liquidity: current ratio 2.83, cash €165,406
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 56, micro). It does better than 81% of them on solvency, 87% on liquidity, 76% on profitability and 40% 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, 34,693 companies had the same profile as Olympos has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Olympos itself: 0.4% 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.
| 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 34,693 companies, not a prediction for Olympos. 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 €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.83 (2.87 in 2024), above the usual 1.5. Short-term debt is 33.7% and cash 74.9% of total assets. 34.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 50 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-09-2026, 50 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
50 days late
2024
27 days late
2023
50 days late
2022
59 days late
2021
80 days late
2020
114 days late
2019
56 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 62 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 20 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0526800565
Change of role: Pavlos Athanassiu, from manager to director
Director discharge: Pavlos Athanassiu · General meeting of 06-12-2023 · Gazette deed
First establishment
Dam 56, Lievegem
Incorporation
published on 24-04-2013 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as Olympos: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €203,000 and €250,000, founded between 2012 and 2014.
Official details
Source: KBO- Status
- Active since 11-04-2013Normal situation
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.219.111.3629950 Lievegem, since 15-04-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Annual accounts 2025
- ≈ €400,000estimated
- €220,767▼ 4.7%
- Employeeson 31-12-2025
- 1▼ 75.0%
- Filing
- Filed on 19-09-2026
Insights on Olympos
Olympos files the micro format. That format states no turnover. The gross margin rose from €79,112 in 2014 to €138,252 in 2025.
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 Olympos
- What is the company number of Olympos?
- The company number of Olympos is 0526.800.565. The VAT number is the same number with BE in front: BE 0526.800.565.
- Where is Olympos based?
- The registered office is at Dam 56, 9950 Lievegem.Company details
- What does Olympos do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of Olympos?
- Olympos is a private limited company (BV).
- When was Olympos founded?
- Olympos was founded on 11-04-2013.
- Is Olympos still active?
- Yes, Olympos is an active enterprise in the KBO register.
- How many employees does Olympos have?
- Olympos had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Olympos fall under?
- In its 2025 annual accounts, Olympos states joint committee 302 (Hotels and catering).
- What is the turnover of Olympos?
- The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €138,252 and 87 comparable companies (NACE 56111). It probably lies between €340,000 and €490,000.
- Is Olympos profitable?
- In financial year 2025, Olympos made a profit of €34,153.
- Where can I find the annual accounts of Olympos?
- Olympos filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Olympos due?
- Olympos must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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