Skip to content

OLYMPUS IMMO

Active
Private limited companyfounded 20197 yrs activeRue Joseph Deflandre 160, 4053 Chaudfontaine, BelgiumKBO/BCE: BE 0734.962.466
Summary

OLYMPUS IMMO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €718,663 and a net result of €819,045. Equity is shrinking by ~11.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 60% of 4854 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisWatch ReportCompare
OLYMPUS IMMOActiveChecked score 70/100
Risk analysis ReportCompare

Overview

Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101
1 site
Size
€5.5mturnover 2024
Equity
€718,663
Profit
€819,045
Financial health
70 Healthy Checked score 2024
Bankruptcy chance 12 m
0.8%
Structure
Parent
MG Health Care · 100%
Accounts 67 d overdue0 of 2 deeds read
Why 70- Figures for FY 2024 (filed 07-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late+ Sector Real estate activities (NACE 68)+ Liquidity: current ratio 1.83, cash €427,152Show the evidence

Checked score

Score 2024
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 79% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 68+46
equity 43.5% of total assets
Liquidity 54+50
short-term debt 54.7% · cash 25.8%
Profitability 100+83
return on assets 49.6%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,530 companies)
Last 24 months 11-2024: 1.6% 12-2024: 1.7%▲ +3.2% vs 11-2024 01-2025: 1.7%▲ +1.7% vs 12-2024 02-2025: 1.7%● 0.0% vs 01-2025 03-2025: 2.0%▲ +16.1% vs 02-2025 04-2025: 1.9%▼ -2.6% vs 03-2025 05-2025: 2.0%▲ +1.1% vs 04-2025 06-2025: 2.0%▲ +3.4% vs 05-2025 07-2025: 1.9%▼ -7.5% vs 06-2025 08-2025: 2.4%▲ +28.4% vs 07-2025 09-2025: 2.8%▲ +15.1% vs 08-2025 10-2025: 3.9%▲ +39.9% vs 09-2025highest value 11-2025: 0.1%▼ -96.2% vs 10-2025lowest value 12-2025: 0.2%▲ +4.8% vs 11-2025 01-2026: 0.2%● 0.0% vs 12-2025 02-2026: 0.2%▼ -2.6% vs 01-2026 03-2026: 0.2%▲ +2.0% vs 02-2026 04-2026: 0.1%▼ -2.0% vs 03-2026 05-2026: 0.1%▼ -1.3% vs 04-2026 06-2026: 0.2%▲ +6.1% vs 05-2026 07-2026: 0.2%▲ +11.5% vs 06-2026 08-2026: 0.3%▲ +98.9% vs 07-2026 09-2026: 0.5%▲ +32.2% vs 08-2026 10-2026: 0.8%▲ +77.2% vs 09-2026
  • Figures for FY 2024 (filed 07-10-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late raises the probability
  • Sector Real estate activities (NACE 68) lowers the probability
  • Liquidity: current ratio 1.83, cash €427,152 lowers the probability
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.19 in 2023; short-term debt: 54.7% and cash: 25.8% of total assets), but 56.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 59%, liquidity 64%, profitability 95%, growth against the median 99%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 07-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 1.83, cash €427,152
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
67 d late
2021
31 d late
2020
12 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · full…
  2. Back to profitnet €819,045
  3. Equity above €500,000Eq €718,663

Key points

  • Positive: Back in profit in 2024after -€50,319 in 2023 €819,045 View
  • Positive: Among the best 10% on net resultsector median €10,936 · 4,867 companies €819,045 View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Controlled by MG Health Care 100% View

By topic

Financials

Fiscal year
2024
Turnover
€5.5m
Profit
€819,045
Solvency
43.5%
Go to Financials

Timeline

Events
8
Since
2021
  1. 30-09-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
26-09-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

We would like to set cookies. That happens only with your consent. What we measure