OLEON
ActiveOLEON has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €233.85M and a net result of €14.49M. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 307 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability50▼-30
Solvency64▲+1
Growth66▼-12
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 1.63 against 2.09 in 2022; short-term debt: 30.6% and cash: 1% of total assets), but 61.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Sector 20
lower
← fewer bankruptcies
more bankruptcies →
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
38.8%
Return on assets
2.4%
Age of the figures
21 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
30 d early
2024
38 d early
2023
37 d early
2022
28 d early
2021
32 d early
2020
32 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2024, consolidated, statutory
Turnover
€713.44M▼ 30.3%
2022 · €1.02B
2018: €610.33M
2019: €564.30M
2020: €544.86M
2021: €746.21M
2022: €1.02B
2018 → 2024
EBIT margin
1.5%▼ 9.5pp
2022 · 11.0%
2018: 3.0%
2019: 2.6%
2020: -1.0%
2021: 5.8%
2022: 11.0%
2018 → 2024
Net result
€14.49M▼ 82.5%
2022 · €82.85M
2018: €12.35M
2019: €16.53M
2020: €11.40M
2021: €41.28M
2022: €82.85M
2018 → 2024
Working capital
€115.94M▼ 54.5%
2022 · €254.81M
2018: €45.22M
2019: €62.84M
2020: €78.79M
2021: €80.11M
2022: €254.81M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Turnover€564.30M-€544.86M▼ 3.4%€746.21M▲ 37.0%€1.02B▲ 37.2%€713.44M▼ 30.3%
Equity€175.94M-€187.30M▲ 6.5%€203.73M▲ 8.8%€236.06M▲ 15.9%€233.85M▼ 0.9%
Operating result€14.94M-€-5.60M€43.64M€112.21M▲ 157%€10.71M▼ 90.5%
Net result€16.53M-€11.40M▼ 31.0%€41.28M▲ 262%€82.85M▲ 101%€14.49M▼ 82.5%
Result per fiscal year
Operating resultNet result
The operating result is €10.71M in 2024, compared with €112.21M in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €602.46M
Fixed assets
€302.01M▲ 119%
Current assets
€300.45M▼ 38.4%
Equity and liabilities €602.46M
Equity
€233.85M▼ 0.9%
Provisions
€2.63M▼ 72.8%
Debt
€365.98M▼ 3.8%
The debt ratio stays at 60.7%.
Key figures and ratios
EBITDA
€29.98M▼
2022 · €126.68M
Cash flow
€33.76M▼
2022 · €97.33M
Solvency
38.8%▲
2022 · 37.7%
Current ratio
1.63▼
2022 · 2.09
Quick ratio
0.74▼
2022 · 1.20
Debt / equity
1.57▼
2022 · 1.61
ROE
6.2%▼
2022 · 35.1%
ROA
2.4%▼
2022 · 13.2%
Interest coverage
4.25▼
2022 · 36.87
Debt
€365.98M▼
2022 · €380.25M
Debt ≤ 1 year
€184.51M▼
2022 · €233.04M
Debt > 1 year
€172.53M▲
2022 · €140.29M
Income taxes
€1.08M▼
2022 · €26.74M
Staff costs
€79.06M▲
2022 · €67.67M
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 2022
Balance sheet
Code20222024
Assets
Total assets20/58€625.98M€602.46M▼
Fixed assets21/28€138.13M€302.01M▲
Intangible fixed assets21€8.70M€13.96M▲
Tangible fixed assets22/27€81.76M€119.51M▲
Land and buildings22€9.90M€13.49M▲
Plant, machinery and equipment23€55.70M€59.25M▲
Furniture and vehicles24€825k€1.12M▲
Leasing and similar rights25€320k€234k▼
Assets under construction and advance payments27€15.02M€45.41M▲
Financial fixed assets28€47.67M€168.54M▲
Affiliated companies280/1€47.65M€168.53M▲
Participating interests280€47.65M€168.53M▲
Other financial fixed assets284/8€21k€13k▼
Amounts receivable and cash guarantees285/8€21k€13k▼
Current assets29/58€487.85M€300.45M▼
Stocks and contracts in progress3€208.12M€163.81M▼
Stocks30/36€208.12M€163.81M▼
Raw materials and consumables30/31€72.67M€60.32M▼
Work in progress32€2k€4k▲
Finished goods33€135.30M€103.01M▼
Goods purchased for resale34€292€93k▲
Advance payments36€156k€385k▲
Amounts receivable within one year40/41€272.77M€124.42M▼
Trade receivables40€127.09M€95.34M▼
Other amounts receivable41€145.67M€29.08M▼
Cash at bank and in hand54/58€1.84M€6.32M▲
Deferred charges and accrued income490/1€5.12M€5.91M▲
Equity and liabilities
Total equity and liabilities10/49€625.98M€602.46M▼
Equity10/15€236.06M€233.85M▼
Contributions10/11€103.59M€103.59M=
Capital10€101.50M€101.50M=
Issued capital100€101.50M€101.50M=
Outside capital11€2.10M€2.10M=
Share premium1100/10€2.10M€2.10M=
Reserves13€10.67M€10.67M=
Non-distributable reserves130/1€10.15M€10.15M=
Legal reserve130€10.15M€10.15M=
Tax-exempt reserves132€518k€518k=
Profit (loss) carried forward14€117.53M€118.78M▲
Investment grants15€4.27M€819k▼
Provisions and deferred taxes16€9.66M€2.63M▼
Provisions for liabilities and charges160/5€8.24M€2.35M▼
Pensions and similar obligations160€1.89M€2.35M▲
Other liabilities and charges164/5€6.36M-
Deferred taxes168€1.42M€273k▼
Amounts payable17/49€380.25M€365.98M▼
Amounts payable after more than one year17€140.29M€172.53M▲
Financial debts170/4€140.29M€172.53M▲
Leasing and similar obligations172€290k€206k▼
Other loans174€140.00M€172.33M▲
Amounts payable within one year42/48€233.04M€184.51M▼
Current portion of amounts payable after more than one year42€40k€43k▲
Financial debts43€10.00M-
Credit institutions430/8€10.00M-
Trade debts44€150.58M€163.55M▲
Suppliers440/4€150.58M€163.55M▲
Taxes, remuneration and social security45€19.11M€15.70M▼
Taxes450/3€6.67M€3.07M▼
Remuneration and social security454/9€12.45M€12.63M▲
Other amounts payable47/48€53.30M€5.21M▼
Accrued charges and deferred income492/3€6.93M€8.94M▲
Income statement
Code20222024
Operating income70/76A€1.15B€775.43M▼
Turnover70€1.02B€713.44M▼
Change in stocks of work in progress, finished goods and contracts in progress71€55.50M€27.47M▼
Own construction capitalised72€4.10M€4.32M▲
Other operating income74€64.11M€30.21M▼
Non-recurring operating income76A€600k-
Operating charges60/66A€1.04B€764.72M▼
Goods for resale, raw materials and consumables60€729.55M€474.05M▼
Purchases600/8€727.67M€478.34M▼
Change in stocks: decrease (increase)609€1.87M€-4.28M▼
Services and other goods61€215.95M€190.91M▼
Remuneration, social security and pensions62€67.67M€79.06M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14.47M€19.27M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-774k€-350k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€5.71M€-374k▼
Other operating charges640/8€1.91M€1.09M▼
Non-recurring operating charges66A€1.26M€1.05M▼
Operating profit (loss)9901€112.21M€10.71M▼
Financial income75/76B€50.77M€24.95M▼
Recurring financial income75€50.50M€24.84M▼
Income from financial fixed assets750€2.76M€13.34M▲
Income from current assets751€5k€108k▲
Other financial income752/9€47.73M€11.40M▼
Non-recurring financial income76B€269k€102k▼
Financial charges65/66B€53.40M€20.59M▼
Recurring financial charges65€53.40M€20.59M▼
Debt charges650€3.44M€7.06M▲
Other financial charges652/9€49.96M€13.53M▼
Profit (loss) for the period before taxes9903€109.58M€15.07M▼
Transfer from deferred taxes780€12k€501k▲
Income taxes67/77€26.74M€1.08M▼
Taxes670/3€26.76M€1.08M▼
Tax adjustments and reversals of tax provisions77€20k-
Profit (loss) for the period9904€82.85M€14.49M▼
Profit (loss) for the period to be appropriated9905€82.85M€14.49M▼
Appropriation of the result
Profit (loss) to be appropriated9906€169.13M€123.78M▼
Profit (loss) brought forward from the previous period14P€86.28M€109.29M▲
Transfer to equity691/2€63k-
To the legal reserve6920€63k-
Profit to be distributed694/7€51.54M€5.00M▼
Return on contributions (dividend)694€48.82M€5.00M▼
Employees696€2.72M-
Social balance
Average headcount (FTE)9087529.8571.0▲
The notes to these accounts (98 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
31-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment12 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment12 facts ▸
- General meeting, 19 februari 2026
- Director resignation, Jean-Philippe Puig (bestuurder)
- Director resignation, Moussa Naciri (bestuurder)
- Director appointment, Paul-Yves L'Anthoën (bestuurder)
- Director appointment, Antoine Prevost (bestuurder)
- Power of attorney, Tom Devolder
- Board meeting, 22 februari 2026
- Director resignation, Jean-Philippe Puig (voorzitter van de raad van bestuur)
- Director resignation, Moussa Naciri (gedelegeerd bestuurder/ persoon belast met het dagelijks bestuur)
- Director appointment, Paul-Yves L'Anthoën (voorzitter van de raad van bestuur)
- Director appointment, Antoine Prevost (gedelegeerd bestuurder/ persoon belast met het dagelijks bestuur)
- Power of attorney, Tom Devolder
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
31-12
Financial
Highest result since 2018net €82.85M ▲101%
Operating result €112.21M, net result €82.85M, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated
2020
31-12
Financial
Weakest financial yearnet €11.40M ▼31%
Net result drops to €11.40M, the lowest in the series; recovery starts the following year.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 directors, no change since 2026
Antoine Prevost
CurrentDirector · since 01-04-2026
Paul-Yves L'Anthoën
CurrentDirector · since 01-04-2026
01-05-2026
Moussa Naciri: Resigned as Director
01-05-2026
Moussa Naciri: Resigned as Gedelegeerd bestuurder/ persoon belast met het dagelijks bestuur
01-04-2026
Antoine Prevost: Appointed as Director
01-04-2026
Antoine Prevost: Appointed as Gedelegeerd bestuurder/ persoon belast met het dagelijks bestuur
01-04-2026
Paul-Yves L'Anthoën: Appointed as Director
01-04-2026
Paul-Yves L'Anthoën: Appointed as Voorzitter van de raad van bestuur
01-04-2026
Jean-Philippe Puig: Resigned as Director
01-04-2026
Jean-Philippe Puig: Resigned as Voorzitter van de raad van bestuur
23-01-2018
Michel Boucly: Resigned as Director
23-01-2018
Yves Delaine: Resigned as Director
05-10-2005
Bjorndalen BVBA: Resigned as Director
05-10-2005
Jan Suykens: Resigned as Director
05-10-2005
Theo Peeters BVBA: Resigned as Director
Location & real-estate footprint
Registered office, Evergem · 2 establishment units since 1969
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.
Assenedestraat 29940 EvergemGround area
12.0 ha
Building footprint
2,550 m²
Volume, LiDAR
17,510 m³
2 parcels, Flanders · tallest building 13.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Vaartstraat 220, 2520 Ranst
since 19692.142.798.888
Assenedestraat 2, 9940 Evergem
since 19912.002.420.785
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031C0443/00L002 | Flanders | 7.1 ha | 1 · 2,307 m² | 13.1 m · 2 fl. |
| 43006A0066/00C003 | Flanders | 4.8 ha | 1 · 243 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Ernst & Young Bedrijfsrevisoren BCVBA Statutory auditor · represented by Lieve Cornelis | - → 28-04-2017 |
Structure & network
Ownership & control
1 partyOLEONBE 0406.414.162
controls
Where this company holds controlthis company sits on their board1
1 location
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 680,543 EUR awarded · 446,606 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 340,899 EUR | 148,430 EUR |
| 2024 | 3 | 44,165 EUR | 97,165 EUR |
| 2023 | 2 | 64,620 EUR | 117,620 EUR |
| 2022 | 2 | 230,859 EUR | 83,391 EUR |
Schemes
Onderzoeksproject
Ontwikkelingsproject
Vlaams opleidingsverlof (VOV)
Individueel Maatwerk
European Union, budget
2023 to 2025 · 4 entries · 374,928 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 365,553 EUR |
| 2023 | 3 | 9,375 EUR |
Projects
101214894 - MULTIPLY - MULTIPLYING FEASIBLE MICROALGAE-DERIVED PRODUCTS AT SCALE
101137732 - 2DPLOY - DEVELOPMENT OF AN INNOVATION PIPELINE TO FACILITATE AND PROMOTE FUNDING PROPOSALS FOR DEPLOYMENT OF LOW CARBON TECHNOLOGIES
101137732 - 2DPLOY - DEVELOPMENT OF AN INNOVATION PIPELINE TO FACILITATE AND PROMOTE FUNDING PROPOSALS FOR DEPLOYMENT OF LOW CARBON TECHNOLOGIES
101137732 - 2DPLOY - DEVELOPMENT OF AN INNOVATION PIPELINE TO FACILITATE AND PROMOTE FUNDING PROPOSALS FOR DEPLOYMENT OF LOW CARBON TECHNOLOGIES
European research
8 projects · 2 as coordinator · 6,746,434 EUR EU contributionProgrammes
h2020
HORIZON
fp7
Projects
Innovative Chemoenzymatic Integrated Processes
Bio-based sustainable SURFactants TO foster GREEN industry
Multiplying feasible microalgae-derived products at scale
Nanoporous Metal-Organic Frameworks for production
Life Integrated Process for the Enzymatic Splitting of triglycerides
Show 3 more projects
Aligning Life Cycle Assessment methods and bio-based sectors for improved environmental performance
Development of an innovation pipeline to facilitate and promote funding proposals for deployment of low carbon technologies
EUROpean multilevel integrated BIOREFinery design for sustainable biomass processing
Recognitions · licences · registrations
Food safety, FASFC
2 sitesEvergem2.002.420.785
Ranst2.142.798.888
Legal Entity Identifier
529900XMOXYYYHEZ3Y77
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Of 107 companies in sector 20140 we hold annual accounts for 93. 35 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-03-1969
Fiscal year end31-12
Activities, NACEBEL
20140Manufacture of chemicals and chemical products
20110Manufacture of chemicals and chemical products
24140
Sources
Crossroads Bank for EnterprisesNational Bank · 73 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.