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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MOUNT OLYMPUS from Koekelare, company number BE0778331760, closed financial year 2025 with a result of € -190,505 after tax. For that financial year MOUNT OLYMPUS recorded revenue of € 242,182 and equity of € 3.6 million. Compared with financial year 2024, the result moved from € -145,857 to € -190,505. 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 June 16, 2026.
€ 3.6 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -190,505
▼ 31 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,295
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 939,498.
Debts at end 2025
€ 4.6 million
▼ 12% vs 2024
€ 755,531 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 128
▼ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 621
▼ 57% 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 | |
|---|---|---|---|---|---|
| Revenue | € 121,091 | € 726,545 | € 524,727 | € 242,182 | ▼ 54% |
| Profit after taxes | € 538,625 | € 737,234 | € -145,857 | € -190,505 | ▼ € 44,648 |
| Equity | € 3,238,625 | € 3,975,860 | € 3,830,003 | € 3,639,498 | ▼ 5% |
| Total debts | € 7,037,058 | € 6,227,456 | € 6,365,638 | € 6,560,735 | ▲ 3% |
| Cash | € 85,522 | € 12,999 | € 5,516 | € 1,295 | ▼ 77% |
| Retained profit | € 538,625 | € 1,275,860 | € 1,130,003 | € 939,498 | ▼ 17% |
| Bank debt | € 6,258,151 | € 5,673,987 | € 5,183,109 | € 4,566,998 | ▼ 12% |
| Balance sheet total | € 10,275,683 | € 10,203,316 | € 10,195,640 | € 10,200,233 |
Key figures of MOUNT OLYMPUS, 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 MOUNT OLYMPUS?
What happened at MOUNT OLYMPUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 190,505. Source: NBB ↗
- New establishment in Koekelare. KBO
- Leen Heynderick became a director. NBB
- Barabaaas CommV became a director. NBB
- Greet Heynderick became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 538,625 profit in 2022 to € 190,505 loss in 2025.
Best year ever: 2023, with € 737,234 profit.
Management
Behind MOUNT OLYMPUS are Leen Heynderick, Barabaaas CommV and Greet Heynderick. It owns 100% of Koddaert itself.
Directors
According to the 2025 annual accounts
Leen Heynderick
Director
since 2021
since 2021
Greet Heynderick
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Ambachtenstraat 1
8680 Koekelare
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
- 0778.331.760
- VAT number
- BE 0778.331.760
- Registered office
- Ambachtenstraat 1, 8680 Koekelare
- Names & denominations
- MOUNT OLYMPUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2021
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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