Olympus Software Development
ActiveSummary
Olympus Software Development has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,997 and a net result of €24,597. Its solvency ranks better than 45% of 21,064 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
- Equity
- €26,997
- Profit
- €24,597
Why 65raises riskLiquidity: current ratio 1.83, cash €91 change of registered office in 24 monthsFounded in 2024lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 47% on solvency, 10% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move · Director in…
- IncorporationAppointment: PAPADAKIS Alexander Ioannis Hild…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 1.2% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,466 |
| Other operating charges640/8 | €1,100 |
| Gross operating margin9900 | €34,395 |
| Operating profit (loss)9901 | €30,829 |
| Financial charges65/66B | €132 |
| Recurring financial charges65 | €132 |
| Profit (loss) for the period before taxes9903 | €30,697 |
| Income taxes67/77 | €6,100 |
| Profit (loss) for the period9904 | €24,597 |
| Profit (loss) for the period to be appropriated9905 | €24,597 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €49,852 | |
| Fixed assets21/28 | €8,030 | |
| Tangible fixed assets22/27 | €8,030 | |
| Plant, machinery and equipment23 | €2,784 | |
| Furniture and vehicles24 | €5,247 | |
| Current assets29/58 | €41,821 | |
| Amounts receivable within one year40/41 | €34,092 | |
| Trade receivables40 | €34,092 | |
| Current investments50/53 | €6,683 | |
| Cash at bank and in hand54/58 | €9 | |
| Deferred charges and accrued income490/1 | €1,038 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €49,852 | |
| Equity10/15 | €26,997 | |
| Contributions10/11 | €2,400 | |
| Profit (loss) carried forward14 | €24,597 | |
| Amounts payable17/49 | €22,855 | |
| Amounts payable within one year42/48 | €22,855 | |
| Trade debts44 | €8,923 | |
| Suppliers440/4 | €8,923 | |
| Taxes, remuneration and social security45 | €13,931 | |
| Taxes450/3 | €13,931 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €24,597 |
| + Depreciation and write-downs630 | €2,466 |
| Operating cash flow (approximation) | €27,063 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00378611 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €360 awarded · €360 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| PAPADAKIS Alexander Ioannis Hild |
|
Owners and capital
Capital and shareholders
- PAPADAKIS Alexander Ioannis Hild 240 shares (100%) · €2,400 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 13-12-2024 Incorporation · €2,400 · 240 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Olympus Software Development was incorporated on 11 December 2024 as a private limited company by one natural person, with a starting capital of €2,400.12 The registered office was moved to Deurne in 2026.3 Since 2024, PAPADAKIS Alexander Ioannis Hild has served as statutory director of the company.2
Acts, filings and financial milestones
01-06
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- Board meeting, 24-04-2026
- Registered-office move, 2100 Deurne, Bosuil 131 bus 5
- Director in office, Alexander Papadakis (sole director)
13-12
Gazette deed
IncorporationAppointment: PAPADAKIS Alexander Ioannis Hild (statutory director) · Registered office clause · Pre-incorporation commitments14 facts ▸
- Director appointment, PAPADAKIS Alexander Ioannis Hild (statutory director) (2 times)
- Other provision, “overgangsbepalingen-werking, slechts vanaf rechtspersoonlijkheid door neerlegging uittreksel akte op griffie bevoegde handelsrechtbank” (deed in Dutch)
- Registered office clause, “2100 Antwerpen (Deurne), Boshovestraat 91” (deed in Dutch)
- Other provision, “website-e-mailadres” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen overeenkomstig artikel 2:2 WVV tot op heden aangegaan in naam en voor rekening van vennootschap in oprichting met alle daaruit voo…” (deed in Dutch)
- Other provision, “UBO-register-voorlichting, door instrumenterende notaris gewezen op UBO-register doel toereikende accurate actuele informatie over uiteindelijke begunstigde(n)…” (deed in Dutch)
- Other provision, “UBO-register-mededelingsplicht, bestuurder(s) binnen maand na oprichting nodige doen of onder verantwoordelijkheid laten doen om informatie over uiteindelijke b…” (deed in Dutch)
- Other provision, “bevestiging identiteit comparant, hoger vermelde bewijskrachtige identiteitsbewijzen” (deed in Dutch)
- Incorporation, “Olympus Software Development” (deed in Dutch)
- Founder, PAPADAKIS Alexander Ioannis Hild (comparant)
- Founding capital, €2,400
- Other provision, “financieel plan en oprichtersaansprakelijkheid, niet neergelegd met akte” (deed in Dutch)
- +2 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11344A0537/00X008 | Flanders | 365 m² | 1 · 193 m² | 12.1 m · 4 |
| 11344A0561/00Y006 | Flanders | 224 m² | 1 · 175 m² | 15.3 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het ontwerpen en programmeren van computerprogramma’s,computerconsultancy-activiteiten en aanverwante activiteiten; Het beheer van…” (deed in Dutch)
12 activities (deed in Dutch)
- Het ontwerpen en programmeren van computerprogramma’s,computerconsultancy-activiteiten en aanverwante activiteiten.
- Het beheer van computerfaciliteiten en overige diensten op het gebied van informatietechnologie en computer.
- Het verstrekken van dienstverlenende activiteiten op het gebied van informatie,gegevensverwerking,webhosting en aanverwante activiteiten,alsook webportalen.
- Alle diensten van mediarepresentatie,reparatie van computers en randapparatuur en alle consultancy activiteiten.
- Het onderzoek,de ontwikkeling,de vervaardiging,de commercialisering van toepassingen in hard- en software;,kortom alles wat met IT te maken heeft,waaronder IT-recruiting.
- Alle commerciële,industriële,financiële,onroerende en roerende activiteiten verrichten,die rechtstreeks of onrechtstreeks verband houden met haar voorwerp of die van aard zijn haar ontwikkeling te bevorderen,met uitzondering van de verrichtingen op roerende en onroerende waarden door de wet voorbehouden aan de banken en de beursvennootschappen.
- Alle opdrachten waarnemen met betrekking tot het bestuur,het beheer,de directie,de controle en de vereffening van alle vennootschappen en ondernemingen.
- Bij wijze van inbreng in speciën of in natura,fusie,inschrijving,deelneming,financiële tussenkomst of anderszins,belangen nemen in andere bestaande of op te richten vennootschappen of ondernemingen,in België of in het buitenland,waarvan het voorwerp gelijkaardig of analoog is met het hare of van aard is haar voorwerp te bevorderen.
- Alle leningen toestaan of leningen waarborgen die door derden zijn toegestaan,met dien verstande dat de vennootschap geen enkele activiteit zal uitoefenen die onderworpen is aan wettelijke of gereglementeerde bepalingen toepasselijk op de krediet- en/of financiële instellingen.
- Alle mogelijke roerende en onroerende goederen verwerven bij wijze van investering,zelfs indien er geen rechtstreeks of onrechtstreeks verband is met het voorwerp.
- Onroerende goederen verwerven,vervreemden,beheren,uitbaten,valoriseren,verkavelen,opschikken,uitrusten,ordenen,huren en verhuren,het doen bouwen of doen verbouwen,promotie van onroerende goederen evenals alle welkdanige onroerende transacties en verrichtingen in de meest brede zin,met inbegrip van de onroerende leasing.
- Voorgaande opsomming is niet beperkend zodat de vennootschap alle handelingen kan stellen die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Olympus Software Development
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, enkel bij besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “13, algemene vergadering kan mandaat van al dan niet statutair benoemde bestuurder steeds beeindigen wegens wettige reden zonder…” (deed in Dutch)“14, drie of meer bestuurders vormen collegiaal bestuursorgaan” (deed in Dutch)“College van bestuurders, drie of meer bestuurders aangesteld” (deed in Dutch)“1” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Geschreven stuk, voor helft ten laste overdrager en helft ten laste koper naar evenredigheid verworven aantal bij meerdere kopers” (deed in Dutch)“Voorkooprecht tot overname van over te dragen aandelen, 12” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 20 June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 31, vennootschap kan op elk ogenblik worden ontbonden door besluit algemene vergadering met inachtneming van door Wetboek van…” (deed in Dutch)