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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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 29 % 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
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.
€ -702,404
▼ € 221,521 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -221,521
▲ 15 % less loss than in 2021
Profit after tax over the fiscal year.
€ 763
▲ 44% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2022
€ 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.
€ 1,187
▼ 90% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 630,687
▲ 47% vs 2021
€ 86,557 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 117,697
▼ 13% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 29,623
▲ 50% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 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
Behind O'Live is JOFIE BV.
Directors
According to the 2022 annual accounts
Director · represented by Gardyn SOFIE
since 2018
Establishments
Establishment units
Physical locations of this company
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
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Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
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