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SHOPPING OLEN

Active
Public limited companyfounded 2010active for 16 yearsLouizalaan 367, 1050 Elsene, BelgiumKBO/BCE: BE 0822.353.825
Summary

SHOPPING OLEN has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.6m and a net result of €1.8m. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 31% of 2,816 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-01-2010 Normal situation
Registered office
491 active companies are registered at this address 35 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Other business support services NACE 82990
Establishment unit
2.185.523.331 2250 Olen, since 20-01-2010
Financial year end
31 December
Peppol
Reachable since 20-08-2025

Board and ownership

Board
  • MERIT ADVICEManaging director
  • BelstockxManaging director · permanent representative POULET Laurent Pierre Pascal Edmond
Shareholders
  • URIBA ESTATES· score 9330-09-2025 annual accounts of URIBA ESTATES
  • Aberdeen Balanced Luxembourg 1 SARLannual accounts 2019

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€4.5m
▲ 5.5%
Turnover
≈ €6.9m
estimated
Profit
€1.8m
▲ 7.9%
Equity
€6.6m
▼ 8.2%
Total assets
€30.7m
▼ 3.0%
Score breakdownlowers riskSize: total assets €30.7mFigures for financial year 2025 (filed on 12-06-2026)Sector: Office administrative, office support and other business support activities (NACE 82)Legal form: public limited companyShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of medium-sized companies in office administrative support (NACE 82)
Financial strength · tick: 2024
Strong
Solvency 46-2
equity 21.4% of total assets
Liquidity 61+9
short-term debt 9.2% · cash 8.6%
Profitability 76+1
return on assets 5.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (221 companies, NACE 82, medium-sized)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025highest value 04-2025: 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 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%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.21 (2.02 in 2024), below the usual 1.5. Short-term debt is 9.2% and cash 8.6% of total assets. 78.6% of the assets are financed with debt and provisions.
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 82, medium-sized). It does better than 29% of them on solvency, 85% on liquidity, 81% on profitability and 14% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €30.7m
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 · Figures for financial year 2025 (filed on 12-06-2026)
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
lowers risk · Legal form: public limited company
KBO
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
29 days early
2023
37 days early
2022
19 days early
2021
58 days early
2020
116 days early
2019
95 days early
← 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 58 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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
03-11-2026 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

Key points

  • Positive: Higher net result than 95% of companies in office administrative supportsector median €21,020 · 2,818 companies €1.8m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.8m 8 years View

Recent changes

  1. · Gazette deed Resignation: I-Advice BV (director)Permanent representatives: Jos Van Belle, Sibylle Van Belte and Sibylle Van Belle · Appointment: Merit Advice (director)
  2. · Gazette deed Changes of role: BELSTOCKX (managing director) and I-ADVICE (managing director)Reappointments: BELSTOCKX (director) and I-ADVICE (director) · Permanent representatives: POULET Laurent Pierre Pascal Edmond and VAN BELLE Joseph Celina Clemence Leo
  3. · Gazette deed Registered office moved from Elsene to Brussel
All 18 events

Companies linked to SHOPPING OLEN

Comparable companies

These companies have the same main activity as SHOPPING OLEN: other business support services (NACE 82990). They are comparable in size and age: total assets between €17m and €47m, founded between 2005 and 2009.

CompanyTotal assetsGross margin
SHOPPING OLEN Elsene€30.7m€4.5m
BIO-VERSNELLER Brussel€28.8m€5.3m
Société Coopérative européenne de référencement et de négoce des indépendants commerçants Brussel€46.9m€3.8m
LOKABOX Charleroi€34.4m€3.9m
Bio-Incubator Leuven Leuven€44.0m€4.2m
Boisblanc Antwerpen€17.1m€4.6m
COSC Antwerpen€46.0m€2.9m
Full comparison

Key facts about SHOPPING OLEN

What is the company number of SHOPPING OLEN?
The company number of SHOPPING OLEN is 0822.353.825. The VAT number is the same number with BE in front: BE 0822.353.825.
Where is SHOPPING OLEN based?
The registered office is at Louizalaan 367, 1050 Elsene.Company details
What does SHOPPING OLEN do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of SHOPPING OLEN?
The legal form of SHOPPING OLEN is Public limited company (NV).
When was SHOPPING OLEN founded?
SHOPPING OLEN was founded on 14-01-2010.
Is SHOPPING OLEN still active?
Yes, SHOPPING OLEN is an active enterprise in the KBO register.
What is the turnover of SHOPPING OLEN?
The turnover in financial year 2025 is ≈ €6.9m. This figure is estimated from the gross margin of €4.5m and 40 comparable companies (NACE 82). It probably lies between €5.2m and €10.0m. In financial year 2022 turnover was €4.3m.Financials
Is SHOPPING OLEN profitable?
In financial year 2025, SHOPPING OLEN made a profit of €1.8m.
Where can I find the annual accounts of SHOPPING OLEN?
SHOPPING OLEN filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SHOPPING OLEN due?
SHOPPING OLEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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