Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
OLIRO from Flémalle, company number BE0669695324, closed financial year 2022 with a result of € -20,719 after tax. For that financial year OLIRO recorded a gross margin of € 35,798 and equity of € -56,128. Compared with financial year 2021, the result moved from € 3,915 to € -20,719. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2023.
€ -56,128
▼ € 20,719 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,719
▼ still € 3,915 profit in 2021
Profit after tax over the fiscal year.
€ 13,692
▼ 32% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -62,328.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 36,827
▲ 263% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 309
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 37,536
▼ 28% vs 2021
€ 15,651 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 9,986
▼ 53% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 39,615
▲ 29% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 35,147 | € 35,798 | ▲ 2% |
| Profit after taxes | € 3,915 | € -20,719 | ▼ € 24,634 |
| Equity | € -35,408 | € -56,128 | ▼ € 20,719 |
| Total debts | € 103,845 | € 92,282 | ▼ 11% |
| Cash | € 20,190 | € 13,692 | ▼ 32% |
| Retained profit | € -41,608 | € -62,328 | ▼ € 20,719 |
| Bank debt | € 51,963 | € 37,536 | ▼ 28% |
| Balance sheet total | € 68,437 | € 36,154 | ▼ 47% |
Key figures of OLIRO, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to OLIRO?
What happened at OLIRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
OLIRO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 20,719 (▼ € 24,634 vs 2021). filed late Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,915 profit in 2021 to € 20,719 loss in 2022.
Paid € 782 in corporate taxes since 2021.
Best year ever: 2021, with € 3,915 profit.
Management
Behind OLIRO is Johnny OLIVIER.
Directors
According to the 2022 annual accounts
Johnny OLIVIER
Director
Establishments
Establishment units
Physical locations of this company
Rue Harkay 261
4400 Flémalle
Rue de la Casquette 21
4000 Liège
Active since 1 February 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0669.695.324
- VAT number
- BE 0669.695.324
- Registered office
- Rue Harkay 261, 4400 Flémalle
- Names & denominations
- OLIRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 17 January 2017
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen