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OLSSON

Active
Private limited company (pre-2019)founded 200620 yrs activeOude Baan 48, 3590 Diepenbeek, BelgiumKBO/BCE: BE 0881.586.478
Summary

The computed 12-month bankruptcy probability of OLSSON is 1.6% (moderate). The 2024 annual accounts show equity of €822,654 and a net result of -€94,804. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 2940 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability4▼-5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 51.16 against 21.58 in 2023; short-term debt: 1% and cash: 24.1% of total assets), and 1% of the assets are financed with debt.
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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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
99%
Return on assets
-11.4%
Age of the figures
24 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€94,804
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-06-2026, 50 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 filings
Deviation from the deadline
2025
50 d late
2024
on the day
2023
1 d early
2022
122 d late
2021
10 d late
2020
30 d early
2019
22 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 10 May (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · 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

History

OLSSON was incorporated on 30 May 2006.1 Total assets went from EUR 786,594 in 2018 to EUR 830,956 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€822,654▼ 10.3%
2023 · €917,458
Total assets
€830,956▼ 10.2%
2023 · €925,787
Net result
-€94,804▼ 26.0%
2023 · -€75,271
Working capital
€416,352▲ 143%
2023 · €171,376
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€32,079▼ 76.4%€37,598▲ 17.2%€1,776▼ 95.3%-€74,171-€92,754▼ 25.1%
Net result€75,981above the sector's middle half▼ 64.4%€81,258within the sector's middle half▲ 6.9%-€358within the sector's middle half-€75,271below the sector's middle half▼ 20,934%-€94,804below the sector's middle half▼ 26.0%
Equity€911,829above the sector's middle half▲ 9.1%€993,087above the sector's middle half▲ 8.9%€992,729above the sector's middle half=€917,458above the sector's middle half▼ 7.6%€822,654above the sector's middle half▼ 10.3%
Total assets€971,845above the sector's middle half▲ 3.7%€1.0mabove the sector's middle half▲ 6.1%€1.0mabove the sector's middle half▼ 2.5%€925,787within the sector's middle half▼ 7.9%€830,956within the sector's middle half▼ 10.2%
Debt€60,016▼ 41.0%€37,600▼ 37.3%€12,635▼ 66.4%€8,329▼ 34.1%€8,301▼ 0.3%
Working capital€596,312above the sector's middle half▲ 14.6%€296,543above the sector's middle half▼ 50.3%€286,747above the sector's middle half▼ 3.3%€171,376above the sector's middle half▼ 40.2%€416,352above the sector's middle half▲ 143%
Solvency93.8%above the sector's middle half▲ 4.7pp96.4%above the sector's middle half▲ 2.5pp98.7%above the sector's middle half▲ 2.4pp99.1%above the sector's middle half▲ 0.4pp99.0%above the sector's middle half▼ 0.1pp
Current ratio10.94above the sector's middle half▲ 4.828.89above the sector's middle half▼ 2.0523.69above the sector's middle half▲ 14.8121.58above the sector's middle half▼ 2.1251.16above the sector's middle half▲ 29.58
Return on assets (ROA)7.8%within the sector's middle half▼ 14.9pp7.9%within the sector's middle half▲ 0.1pp0.0%within the sector's middle half▼ 7.9pp-8.1%below the sector's middle half▼ 8.1pp-11.4%below the sector's middle half▼ 3.3pp
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000€100,000Operating result 2020: €32,079€32,079Net result 2020: €75,981€75,981Operating result 2021: €37,598€37,598Net result 2021: €81,258€81,258Operating result 2022: €1,776€1,776Net result 2022: -€358-€358Operating result 2023: -€74,171-€74,171Net result 2023: -€75,271-€75,271Operating result 2024: -€92,754-€92,754Net result 2024: -€94,804-€94,80420202021202220232024-€100,000-€75,000-€50,000-€25,000€0Operating result 2022: €1,776€1,780Net result 2022: -€358-€358Operating result 2023: -€74,171-€74,200Net result 2023: -€75,271-€75,300Operating result 2024: -€92,754-€92,800Net result 2024: -€94,804-€94,800202220232024
The operating result stays negative: a loss of €92,754 in 2024 against €74,171 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €830,956
Fixed assets €406,302 ▼ 45.5%
Current assets €424,653 ▲ 136%
Equity and liabilities €830,956
Equity €822,654 ▼ 10.3%
Debt €8,301 ▼ 0.3%
Debt's share of the balance-sheet total rises from 0.9% to 1.0%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€88,387▼
2023 · -€68,004
Cash flow
-€90,437▼
2023 · -€69,104
Debt to equity
0.01▲
2023 · 0.01
ROE
-11.5%▼
2023 · -8.2%
Interest coverage
-63.88▲
2023 · -219.03
Debt ≤ 1 year
€8,301▼
2023 · €8,329
Income taxes
€1,192▼
2023 · €1,455
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 928 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.1% went bankrupt
8.7% stopped otherwise
90% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 928 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€925,787€830,956▼
Fixed assets21/28€746,082€406,302▼
Tangible fixed assets22/27€60,135€20,355▼
Furniture and vehicles24€49,624€1,140▼
Other tangible fixed assets26€10,510€19,215▲
Financial fixed assets28€685,947€385,947▼
Current assets29/58€179,705€424,653▲
Amounts receivable after more than one year29-€200,000
Other amounts receivable291-€200,000
Amounts receivable within one year40/41€56,930€2,774▼
Other amounts receivable41€56,930€2,774▼
Cash at bank and in hand54/58€122,776€200,097▲
Deferred charges and accrued income490/1-€21,783
Equity and liabilities
Total equity and liabilities10/49€925,787€830,956▼
Equity10/15€917,458€822,654▼
Contributions10/11€192,300€192,300=
Reserves13€725,158€630,354▼
Non-distributable reserves130/1€19,230€19,230=
Reserves not available under the articles1311€19,230€19,230=
Tax-exempt reserves132€87,758€46,500▼
Distributable reserves133€618,170€564,624▼
Amounts payable17/49€8,329€8,301▼
Amounts payable within one year42/48€8,329€8,301▼
Trade debts44€1,602€6,838▲
Suppliers440/4€1,602€6,838▲
Taxes, remuneration and social security45€6,727€1,463▼
Taxes450/3€1,603€1,463▼
Remuneration and social security454/9€5,124-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,167€4,366▼
Other operating charges640/8€1,076€17,892▲
Gross operating margin9900-€66,928-€70,495▼
Operating profit (loss)9901-€74,171-€92,754▼
Financial income75/76B€665€525▼
Recurring financial income75€665€525▼
Financial charges65/66B€310€1,384▲
Recurring financial charges65€310€1,384▲
Profit (loss) for the period before taxes9903-€73,816-€93,612▼
Income taxes67/77€1,455€1,192▼
Profit (loss) for the period9904-€75,271-€94,804▼
Transfer from tax-exempt reserves789-€41,258
Profit (loss) for the period to be appropriated9905-€75,271-€53,546▲
Appropriation of the result
Profit (loss) to be appropriated9906-€75,271-€53,546▲
Transfer from equity791/2€75,271€88,434▲
Transfer to equity691/2-€34,888
To other reserves6921-€34,888

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,268€3,563€6,167€4,366▼ 29.2%
Other operating charges640/8-€1,511€802€1,076€17,892▲ 1,563%
Gross operating margin9900€33,544€40,376€6,140-€66,928-€70,495▼ 5.3%
Operating profit (loss)9901€32,079€37,598€1,776-€74,171-€92,754▼ 25.1%
Financial income75/76B-€60,260€921€665€525▼ 21.0%
Recurring financial income75€67,793€60,260€921€665€525▼ 21.0%
Financial charges65/66B-€265€751€310€1,384▲ 346%
Recurring financial charges65€339€265€234€310€1,384▲ 346%
Non-recurring financial charges66B--€516---
Profit (loss) for the period before taxes9903€99,532€97,592€1,947-€73,816-€93,612▼ 26.8%
Income taxes67/77€23,551€16,334€2,305€1,455€1,192▼ 18.1%
Profit (loss) for the period9904€75,981€81,258-€358-€75,271-€94,804▼ 26.0%
Transfer from tax-exempt reserves789----€41,258-
Transfer to tax-exempt reserves689-€41,258----
Profit (loss) for the period to be appropriated9905€75,981€40,000-€358-€75,271-€53,546▲ 28.9%
Line20202021202220232024Change
Assets
Total assets20/58€971,845€1.0m€1.0m€925,787€830,956▼ 10.2%
Fixed assets21/28€315,517€696,544€705,982€746,082€406,302▼ 45.5%
Tangible fixed assets22/27-€10,597€20,034€60,135€20,355▼ 66.2%
Furniture and vehicles24-€10,597€8,224€49,624€1,140▼ 97.7%
Other tangible fixed assets26--€11,810€10,510€19,215▲ 82.8%
Financial fixed assets28€315,517€685,947€685,947€685,947€385,947▼ 43.7%
Current assets29/58€656,327€334,143€299,382€179,705€424,653▲ 136%
Amounts receivable after more than one year29----€200,000-
Other amounts receivable291----€200,000-
Amounts receivable within one year40/41-€19,738€62,083€56,930€2,774▼ 95.1%
Other amounts receivable41-€19,738€62,083€56,930€2,774▼ 95.1%
Current investments50/53€560,944€280,320----
Cash at bank and in hand54/58€95,384€20,368€237,299€122,776€200,097▲ 63.0%
Deferred charges and accrued income490/1-€13,718--€21,783-
Equity and liabilities
Total equity and liabilities10/49€971,845€1.0m€1.0m€925,787€830,956▼ 10.2%
Equity10/15€911,829€993,087€992,729€917,458€822,654▼ 10.3%
Contributions10/11€192,300€192,300€192,300€192,300€192,300=
Reserves13€719,529€800,787€800,429€725,158€630,354▼ 13.1%
Non-distributable reserves130/1-€19,230€19,230€19,230€19,230=
Reserves not available under the articles1311-€19,230€19,230€19,230€19,230=
Tax-exempt reserves132-€87,758€87,758€87,758€46,500▼ 47.0%
Distributable reserves133-€693,799€693,441€618,170€564,624▼ 8.7%
Amounts payable17/49€60,016€37,600€12,635€8,329€8,301▼ 0.3%
Amounts payable within one year42/48€60,016€37,600€12,635€8,329€8,301▼ 0.3%
Trade debts44€1,193€30,780€114€1,602€6,838▲ 327%
Suppliers440/4-€30,780€114€1,602€6,838▲ 327%
Taxes, remuneration and social security45-€6,821€12,521€6,727€1,463▼ 78.3%
Taxes450/3-€6,821€7,690€1,603€1,463▼ 8.7%
Remuneration and social security454/9--€4,831€5,124--
Line20202021202220232024Change
Profit (loss) for the period9904€75,981€81,258-€358-€75,271-€94,804▼ 26.0%
+ Depreciation and write-downs630-€1,268€3,563€6,167€4,366▼ 29.2%
Operating cash flow (approximation)€75,981€82,526€3,205-€69,104-€90,437▼ 30.9%
Investment in fixed assets (approximation)--€382,295-€13,000-€46,267€335,413▲ 825%
Change in cash--€75,015€216,931-€114,524€77,321▲ 168%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
19-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 50 days late
2025
30-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Weakest financial yearnet -€94,804
Net result drops to -€94,804, the lowest in the series.
30-09
Financial Liquidity doublescurrent ratio 51.16
Current ratio from 21.58 to 51.16; short-term debt falls from €8,329 to €8,301.
29-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 122 days late
2022
30-09
Financial Liquidity triplescurrent ratio 23.69
Current ratio from 8.89 to 23.69; short-term debt falls from €37,600 to €12,635.
10-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
31-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Highest result since 2018net €213,378 ▲96.3%
Net result €213,378, the highest in the series.
30-09
Financial Liquidity doublescurrent ratio 6.12
Current ratio from 2.87 to 6.12; short-term debt falls from €164,124 to €101,717.
Show earlier events
02-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Diepenbeek · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
608 m²
Building footprint
99 m²
Volume, LiDAR
682 m³
Parcel 71402D0558/00P000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OLSSON
Oude Baan 48, 3590 DiepenbeekCafés and bars
since 20062.155.356.430
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71402D0558/00P000 Flanders 608 m² 1 · 99 m² 9.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 30-09-2024 list no shareholders, and no other source names one.

Holdings 2

According to the annual accounts to 30-09-2024 of OLSSON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

875500EKG51RROBWJL76
live in the LEI register

Similar companies · same sector, comparable size

Of 1,350 companies in sector 56220 we hold annual accounts for 406. 177 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded30-05-2006
Fiscal year end30-09
Activities, NACEBEL 2025
56220Contract catering and other food service activities
56112Limited-service restaurants, excluding mobile food services
93121Football clubs
E-invoicing
Reachable via Peppol
Peppol ID 0208:0881586478
Also 9925:BE0881586478
Registered 10-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.