OLIVINO
ActiveOLIVINO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €97k and a net result of €14k. Equity is growing by ~34.2% per year across the filed fiscal years. Its solvency ranks better than 34% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-12
Solvency44▼-30
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.06 against 2.88 in 2023; short-term debt: 15.7% and cash: 21.7% of total assets), but 80.8% 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.
+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
19.2%
Return on assets
2.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-04-2025, 104 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
104 d early
2023
104 d early
2022
94 d early
2021
31 d early
2020
110 d early
2019
59 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€97k▲ 17.4%
2023 · €83k
2019: €9k
2020: €27k
2021: €41k
2022: €62k
2023: €83k
2019 → 2024
Total assets
€506k▲ 202%
2023 · €168k
2019: €58k
2020: €80k
2021: €136k
2022: €154k
2023: €168k
2019 → 2024
Net result
€14k▼ 29.8%
2023 · €20k
2019: €-9k
2020: €18k
2021: €14k
2022: €21k
2023: €20k
2019 → 2024
Working capital
€163k▲ 56.8%
2023 · €104k
2019: €35k
2020: €54k
2021: €65k
2022: €88k
2023: €104k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€27k-€41k▲ 51.1%€62k▲ 51.8%€83k▲ 32.9%€97k▲ 17.4%
Operating result€20k-€18k▼ 10.6%€27k▲ 52.2%€26k▼ 2.2%€16k▼ 39.7%
Net result€18k-€14k▼ 22.0%€21k▲ 53.0%€20k▼ 3.6%€14k▼ 29.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 40% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €506k
Fixed assets
€264k▲ 2,988%
Current assets
€243k▲ 52.2%
Equity and liabilities €506k
Equity
€97k▲ 17.4%
Debt
€409k▲ 380%
The debt ratio rises from 50.8% to 80.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▲
2023 · €38k
Cash flow
€40k▲
2023 · €32k
Solvency
19.2%▼
2023 · 49.2%
Current ratio
3.06▲
2023 · 2.88
Quick ratio
1.73▲
2023 · 1.15
Debt / equity
4.22▲
2023 · 1.03
ROE
14.8%▼
2023 · 24.7%
ROA
2.8%▼
2023 · 12.2%
Interest coverage
615.84▲
2023 · 244.76
Debt
€409k▲
2023 · €85k
Debt ≤ 1 year
€79k▲
2023 · €55k
Debt > 1 year
€330k▲
2023 · €30k
Income taxes
€1k▼
2023 · €6k
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€168k€506k▲
Formation expenses20€0-
Fixed assets21/28€9k€264k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€6k€262k▲
Land and buildings22-€233k
Plant, machinery and equipment23-€19k
Furniture and vehicles24€6k€10k▲
Financial fixed assets28€620€620=
Current assets29/58€159k€243k▲
Stocks and contracts in progress3€96k€105k▲
Stocks30/36€96k€105k▲
Amounts receivable within one year40/41€20k€26k▲
Trade receivables40€18k€20k▲
Other amounts receivable41€2k€7k▲
Cash at bank and in hand54/58€43k€110k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€168k€506k▲
Equity10/15€83k€97k▲
Contributions10/11€19k€19k=
Reserves13€64k€78k▲
Distributable reserves133€64k€78k▲
Amounts payable17/49€85k€409k▲
Amounts payable after more than one year17€30k€330k▲
Financial debts170/4€30k€330k▲
Amounts payable within one year42/48€55k€79k▲
Trade debts44€20k€43k▲
Suppliers440/4€20k€43k▲
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€8k€9k▲
Other amounts payable47/48€27k€27k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€26k▲
Other operating charges640/8€870€580▼
Gross operating margin9900€39k€42k▲
Operating profit (loss)9901€26k€16k▼
Financial income75/76B€2€1▼
Recurring financial income75€2€1▼
Financial charges65/66B€155€68▼
Recurring financial charges65€155€68▼
Profit (loss) for the period before taxes9903€26k€16k▼
Income taxes67/77€6k€1k▼
Profit (loss) for the period9904€20k€14k▼
Profit (loss) for the period to be appropriated9905€20k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€14k▼
Transfer to equity691/2€20k€14k▼
To other reserves6921€20k€14k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €21k ▲53%
Operating result €27k, net result €21k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zedelgem · 1 establishment unit since 2018
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.
't Wulveke 88210 ZedelgemGround area
6,381 m²
Building footprint
308 m²
Parcel 31040E0165/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
OLIVINO
since 20182.279.060.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040E0165/00K000 | Flanders | 6,381 m² | 1 · 307 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZedelgem2.279.060.332
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TRIO VINUM
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Of 1,051 companies in sector 46341 we hold annual accounts for 535. 394 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2018
Fiscal year end31-12
Activities, NACEBEL
46341Wholesale of wines and spirits
47251Retail sale of wines and spirits
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.