Bankrupt · Opening faillissement (CBE)

O'Live

BE0687799977

Rechtspersoon Private limited company 1 establishment

O'Live is a wholesaler in Zwevegem. Private Limited, started on 11 January 2018, 1 establishment.

Outrijvestraat(H) 24, 8551 Zwevegem

Behind the company: JOFIE BV.

Start date

11 January 2018

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Tight liquidity NBB

    Cash and receivables cover 29 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

O'Live from Zwevegem, company number BE0687799977, closed financial year 2022 with a result of € -221,521 after tax. For that financial year O'Live recorded a gross margin of € -56,956 and equity of € -702,404. Compared with financial year 2021, the result moved from € -259,869 to € -221,521. 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 May 4, 2023.

What it is worth Caution

€ -702,404

▼ € 221,521 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -221,521

▲ 15 % less loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 763

▲ 44% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1 million.

People and assets in 2022

Wage cost

€ 127,370

▲ 10% 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.

Vehicles and equipment

€ 1,187

▼ 90% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 7 years to go

€ 630,687

▲ 47% vs 2021

€ 86,557 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 117,697

▼ 13% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 29,623

▲ 50% vs 2021

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € -96,567 € -56,956 ▲ € 39,611
Profit after taxes € -259,869 € -221,521 ▲ € 38,348
Equity € -480,883 € -702,404 ▼ € 221,521
Total debts € 777,691 € 1,073,189 ▲ 38%
Cash € 528 € 763 ▲ 44%
Retained profit € -781,983 € -1,003,504 ▼ € 221,521
Bank debt € 430,140 € 630,687 ▲ 47%
Balance sheet total € 296,808 € 370,785 ▲ 25%
Employees (FTE) 2.2 -

Key figures of O'Live, 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 30 April 2024.

What happened to O'Live?

What happened at O'Live in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

O'Live is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 221,521. filed late Source: NBB ↗
  • New establishment in Zwevegem. KBO
  • Start of the company according to the CBE. KBO
  • JOFIE BV became a director. NBB

In short

From € 259,869 loss in 2021 to € 221,521 loss in 2022.

Paid € 3,226 in corporate taxes since 2021.

Management

O'Live

Behind O'Live is JOFIE BV.

Directors

According to the 2022 annual accounts

JOFIE BV

Director · represented by Gardyn SOFIE

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Outrijvestraat(H) 24

8551 Zwevegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0687.799.977
VAT number
BE 0687.799.977
Registered office
Outrijvestraat(H) 24, 8551 Zwevegem
Names & denominations
O'Live
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
11 January 2018
Peppol
Not registered
Activities · NACE

Groothandel in dranken, algemeen assortiment

Handelsbemiddeling in de groothandel in voedings- en genotmiddelen

Detailhandel in dranken, algemeen assortiment

Frequently asked questions

What does O'Live do?
O'Live is a wholesaler in Zwevegem. Private Limited, started on 11 January 2018, 1 establishment.
What is the address of O'Live?
The registered office of O'Live is located at Outrijvestraat(H) 24, 8551 Zwevegem.
Is O'Live still active?
No. The CBE lists O'Live with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is O'Live registered on Peppol?
No, O'Live is currently not registered on the Peppol network.
What is the enterprise number of O'Live?
The enterprise number of O'Live is BE0687799977.
When was O'Live founded?
O'Live was founded on 11 January 2018.