OLYSLAGER BROS
ActiveOLYSLAGER BROS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.48M and a net result of €408k. Equity is growing by ~35.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 9625 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▼-5
Solvency78▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 4.34 against 2.48 in 2023; short-term debt: 17.5% and cash: 55.6% of total assets), and 46.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
53.4%
Return on assets
14.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
46 d late
2023
11 d early
2022
53 d late
2021
57 d late
2020
31 d late
2019
55 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.48M▲ 31.3%
2023 · €1.13M
2018: €249k
2019: €303k
2020: €343k
2021: €612k
2022: €698k
2023: €1.13M
2018 → 2024
Total assets
€2.77M▲ 16.2%
2023 · €2.39M
2018: €1.08M
2019: €1.12M
2020: €1.08M
2021: €1.62M
2022: €1.96M
2023: €2.39M
2018 → 2024
Net result
€408k▼ 9.8%
2023 · €452k
2018: €47k
2019: €55k
2020: €40k
2021: €269k
2022: €252k
2023: €452k
2018 → 2024
Working capital
€1.62M▲ 58.4%
2023 · €1.03M
2018: €175k
2019: €178k
2020: €197k
2021: €324k
2022: €615k
2023: €1.03M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€343k-€612k▲ 78.3%€698k▲ 14.1%€1.13M▲ 61.6%€1.48M▲ 31.3%
Operating result€80k-€410k▲ 414%€399k▼ 2.5%€679k▲ 70.1%€635k▼ 6.4%
Net result€40k-€269k▲ 573%€252k▼ 6.3%€452k▲ 79.4%€408k▼ 9.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 6% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.77M
Fixed assets
€662k▼ 0.9%
Current assets
€2.11M▲ 22.8%
Equity and liabilities €2.77M
Equity
€1.48M▲ 31.3%
Debt
€1.29M▲ 2.6%
The debt ratio falls from 52.7% to 46.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€693k▼
2023 · €738k
Cash flow
€466k▼
2023 · €511k
Solvency
53.4%▲
2023 · 47.3%
Current ratio
4.34▲
2023 · 2.48
Quick ratio
4.12▲
2023 · 2.15
Debt / equity
0.87▼
2023 · 1.12
ROE
27.5%▼
2023 · 40.0%
ROA
14.7%▼
2023 · 18.9%
Interest coverage
8.07▼
2023 · 11.11
Debt
€1.29M▲
2023 · €1.26M
Debt ≤ 1 year
€486k▼
2023 · €693k
Debt > 1 year
€783k▲
2023 · €555k
Income taxes
€191k▼
2023 · €212k
Staff costs
€207k▲
2023 · €188k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.39M€2.77M▲
Fixed assets21/28€669k€662k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€667k€661k▼
Land and buildings22€601k€596k▼
Plant, machinery and equipment23€15k€14k▼
Furniture and vehicles24€51k€50k▼
Financial fixed assets28€2k€2k▼
Current assets29/58€1.72M€2.11M▲
Stocks and contracts in progress3€226k€106k▼
Stocks30/36€226k€106k▼
Amounts receivable within one year40/41€467k€458k▼
Trade receivables40€297k€280k▼
Other amounts receivable41€169k€178k▲
Cash at bank and in hand54/58€1.02M€1.54M▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€2.39M€2.77M▲
Equity10/15€1.13M€1.48M▲
Contributions10/11€6k€6k=
Reserves13€1.12M€1.48M▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€1.12M€1.48M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.26M€1.29M▲
Amounts payable after more than one year17€555k€783k▲
Financial debts170/4€555k€783k▲
Amounts payable within one year42/48€693k€486k▼
Current portion of amounts payable after more than one year42€66k€84k▲
Trade debts44€364k€250k▼
Suppliers440/4€364k€250k▼
Taxes, remuneration and social security45€93k€88k▼
Taxes450/3€50k€58k▲
Remuneration and social security454/9€43k€30k▼
Other amounts payable47/48€170k€64k▼
Accrued charges and deferred income492/3€10k€21k▲
Income statement
Code20232024
Non-recurring operating income76A€17k€3k▼
Remuneration, social security and pensions62€188k€207k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€58k▼
Other operating charges640/8€4k€30k▲
Non-recurring operating charges66A€8k€0▼
Gross operating margin9900€939k€930k▼
Operating profit (loss)9901€679k€635k▼
Financial income75/76B€51k€50k▼
Recurring financial income75€51k€50k▼
Financial charges65/66B€66k€86k▲
Recurring financial charges65€66k€86k▲
Profit (loss) for the period before taxes9903€664k€599k▼
Income taxes67/77€212k€191k▼
Profit (loss) for the period9904€452k€408k▼
Profit (loss) for the period to be appropriated9905€452k€408k▼
Appropriation of the result
Profit (loss) to be appropriated9906€452k€408k▼
Transfer from equity791/2€22k€55k▲
Transfer to equity691/2€452k€408k▼
To other reserves6921€452k€408k▼
Profit to be distributed694/7€22k€55k▲
Return on contributions (dividend)694€22k€55k▲
Social balance
Average headcount (FTE)90874.54.9▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 46 days late
2024
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €452k ▲79.4%
Operating result €679k, net result €452k, both a record.
31-12
Financial
Equity above €1MEq €1.13M ▲61.6%
6 profitable years in a row build equity to €1.13M.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 53 days late
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 57 days late
2021
31-12
Financial
Equity above €500kEq €612k ▲78.3%
4 profitable years in a row build equity to €612k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €40k ▼26.7%
Net result drops to €40k, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 8 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nationalestraat 202000 AntwerpenGround area
30 m²
Building footprint
30 m²
Volume, LiDAR
500 m³
Parcel 11804D0727/00C000, Flanders · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Morrison shop / Olyslager Bros
since 20102.194.082.590
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D0727/00C000 | Flanders | 29 m² | 1 · 29 m² | 20.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 36,866 EUR awarded · 36,866 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 11,616 EUR | 17,216 EUR |
| 2024 | 1 | 8,100 EUR | 2,500 EUR |
| 2023 | 1 | 9,900 EUR | 13,400 EUR |
| 2022 | 1 | 7,250 EUR | 3,750 EUR |
Schemes
Subsidies voor internationaal ondernemen
Recognitions · licences · registrations
Legal Entity Identifier
549300OSDFO0T8EFPB55
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Of 459 companies in sector 47712 we hold annual accounts for 269. 117 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2010
Fiscal year end31-12
Activities, NACEBEL
47712Retail trade
47722Retail trade
47715Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
55204Guest rooms (bed and breakfast)
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.