Financials
Financial year 2025
OLA AIR from Hemiksem, company number BE0736870297, closed financial year 2025 with a result of € -3,262 after tax. For that financial year OLA AIR recorded a gross margin of € -2,247 and equity of € 52,131. Compared with financial year 2024, the result moved from € 13,578 to € -3,262. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 52,131
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,262
▼ still € 13,578 profit in 2024
Profit after tax over the fiscal year.
€ 23,077
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 12,131.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,963
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,671
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,525 | € 24,601 | € 20,083 | € -2,247 | ▼ € 22,330 |
| Profit after taxes | € 6,796 | € 20,526 | € 13,578 | € -3,262 | ▼ € 16,840 |
| Equity | € 21,289 | € 41,814 | € 55,392 | € 52,131 | ▼ 6% |
| Total debts | € 34,119 | € 36,311 | € 55,180 | € 38,058 | ▼ 31% |
| Cash | € 27,663 | € 32,360 | € 25,197 | € 23,077 | ▼ 8% |
| Retained profit | € -18,711 | € 1,814 | € 15,392 | € 12,131 | ▼ 21% |
| Bank debt | € 187 | € 83 | € 0 | € 0 | |
| Balance sheet total | € 55,408 | € 78,125 | € 110,572 | € 90,189 | ▼ 18% |
Key figures of OLA AIR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to OLA AIR?
What happened at OLA AIR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,262 (▼ € 16,840 vs 2024). Source: NBB ↗
- Rajinder Singh became a director. NBB
- New establishment in Hemiksem. KBO
- Jatinder Randhawa became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,796 profit in 2022 to € 3,262 loss in 2025.
Paid € 6,115 in corporate taxes since 2022.
Best year ever: 2023, with € 20,526 profit.
Management
Behind OLA AIR are Jatinder Randhawa and Rajinder Singh. Rajinder Singh is also behind H.P.S..
Directors
According to the 2025 annual accounts
Jatinder Randhawa
Director
since 2019
since 2026
Establishments
Establishment units
Physical locations of this company
Heuvelstraat 81
2620 Hemiksem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0736.870.297
- VAT number
- BE 0736.870.297
- Registered office
- Heuvelstraat 81, 2620 Hemiksem
- Names & denominations
- OLA AIR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 2019
- Peppol
- Active · Active since 22 Jun 2026
- Activities · NACE
Activiteiten van reisbureaus