Storm Olen

Active

Public limited companyfounded 20205 yrs activeBorsbeeksebrug 22, 2600 Antwerpen, BelgiumKBO/BCE: BE 0754.810.052

Storm Olen has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.84M and a net result of €87k. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 28% of 629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability31▲+1

Solvency44▲+1

Growth78=

Track record94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €160k at 30 days acceptable

Liquidity ample (current ratio 1.85 against 3.02 in 2024; short-term debt: 5.1% and cash: 8.7% of total assets), but 81% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 74

Relative position

BE, all sectors

reference

Sector 74

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

19%

Return on assets

0.6%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

70 d early

2024

65 d early

2023

7 d early

2022

52 d early

2021

48 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Equity

€2.84M▲ 3.2%

2024 · €2.75M

2021: €5k 2022: €2k 2023: €2.70M 2024: €2.75M

2021 → 2025

Total assets

€14.95M▼ 2.1%

2024 · €15.27M

2021: €243k 2022: €712k 2023: €12.15M 2024: €15.27M

2021 → 2025

Net result

€87k▲ 69.1%

2024 · €51k

2021: €-1k 2022: €-3k 2023: €5k 2024: €51k

2021 → 2025

Working capital

€655k▼ 58.1%

2024 · €1.56M

2021: €-51k 2022: €-7k 2023: €-278k 2024: €1.56M

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€5k-€2k▼ 51.5%€2.70M▲ 112,835%€2.75M▲ 1.9%€2.84M▲ 3.2%

Operating result€-905-€-2k▼ 143%€-3k▼ 48.6%€247k€292k▲ 18.2%

Net result€-1k-€-3k▼ 102%€5k€51k▲ 961%€87k▲ 69.1%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 18% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €14.95M

90.5%

10%

Fixed assets €13.52M▲ 4.5%

Current assets €1.42M▼ 39.1%

Equity and liabilities €14.95M

19.0%

81.0%

Equity €2.84M▲ 3.2%

Debt €12.10M▼ 3.3%

The debt ratio falls from 82.0% to 81.0%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€292k▲

2024 · €247k

Cash flow

€87k▲

2024 · €52k

Solvency

19.0%▲

2024 · 18.0%

Current ratio

1.85▼

2024 · 3.02

Quick ratio

1.85▼

2024 · 3.02

Debt / equity

4.26▼

2024 · 4.54

ROE

3.1%▲

2024 · 1.9%

ROA

0.6%▲

2024 · 0.3%

Interest coverage

1.42▲

2024 · 1.26

Debt

€12.10M▼

2024 · €12.52M

Debt ≤ 1 year

€768k▼

2024 · €773k

Debt > 1 year

€11.30M▼

2024 · €11.71M

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€15.27M€14.95M▼

Formation expenses20€124€124=

Fixed assets21/28€12.94M€13.52M▲

Intangible fixed assets21€1.02M€1.02M=

Tangible fixed assets22/27€11.91M€12.50M▲

Plant, machinery and equipment23-€172k

Assets under construction and advance payments27€11.91M€12.33M▲

Current assets29/58€2.34M€1.42M▼

Amounts receivable within one year40/41€120k€93k▼

Trade receivables40€120k€78k▼

Other amounts receivable41€0€15k▲

Cash at bank and in hand54/58€2.22M€1.31M▼

Deferred charges and accrued income490/1-€24k

Equity and liabilities

Total equity and liabilities10/49€15.27M€14.95M▼

Equity10/15€2.75M€2.84M▲

Contributions10/11€2.70M€2.70M=

Capital10€2.70M€2.70M=

Issued capital100€2.70M€2.70M=

Reserves13€52k€140k▲

Non-distributable reserves130/1€3k€7k▲

Legal reserve130€3k€7k▲

Distributable reserves133€50k€133k▲

Amounts payable17/49€12.52M€12.10M▼

Amounts payable after more than one year17€11.71M€11.30M▼

Financial debts170/4€11.71M€11.30M▼

Amounts payable within one year42/48€773k€768k▼

Current portion of amounts payable after more than one year42€640k€587k▼

Trade debts44€110k€181k▲

Suppliers440/4€110k€181k▲

Taxes, remuneration and social security45€24k€0▼

Taxes450/3€24k€0▼

Remuneration and social security454/9€0-

Accrued charges and deferred income492/3€33k€33k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171€0▼

Other operating charges640/8€65k€2k▼

Gross operating margin9900€313k€294k▼

Operating profit (loss)9901€247k€292k▲

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€196k€205k▲

Recurring financial charges65€196k€205k▲

Profit (loss) for the period before taxes9903€51k€87k▲

Profit (loss) for the period9904€51k€87k▲

Profit (loss) for the period to be appropriated9905€51k€87k▲

Appropriation of the result

Profit (loss) to be appropriated9906€51k€87k▲

Profit (loss) brought forward from the previous period14P€0-

Transfer to equity691/2€51k€87k▲

To the legal reserve6920€3k€4k▲

To other reserves6921€49k€83k▲

Social balance

Average headcount (FTE)90870.00.0=

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 5Gazette 1Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

12-08

State Gazette act Resignations & appointments

General meeting · Auditor appointment · Permanent representative3 facts ▸

General meeting, 30/04/2026
Auditor appointment, Finvision Bedrijfsrevisoren Antwerpen BV (commissaris)
Permanent representative, Karel NIJS

22-05

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Highest result since 2021net €87k ▲69.1%

Operating result €292k, net result €87k, both a record.

27-05

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Liquidity times 13current ratio 3.02

Current ratio from 0.23 to 3.02.

24-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Back to profitnet €5k

Net result €5k after 2 loss-making years.

31-12

Financial Equity above €2MEq €2.70M ▲112835%

Equity rises from €2k to €2.70M.

09-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Weakest financial yearnet €-3k

Net result drops to €-3k, the lowest in the series; recovery starts the following year.

13-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

07-09-2023 Resigned as Director

Location & real-estate footprint

Registered office, Antwerpen · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Borsbeeksebrug 222600 Antwerpen

Ground area

2.4 ha

Building footprint

2,699 m²

Parcel 11302A0095/00E008, Flanders. Linked by address, not a title deed.