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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
OLEO from Genappe, company number BE0882262708, closed financial year 2024 with a result of € -5,235 after tax. For that financial year OLEO recorded a gross margin of € -2,137 and equity of € -568,423. Compared with financial year 2023, the result moved from € -22,015 to € -5,235. 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 28, 2025.
€ -568,423
▼ € 5,235 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,235
▲ 76 % less loss than in 2023
Profit after tax over the fiscal year.
€ 3,971
▼ 6% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
Debts at end 2024
€ 489,327
Loans from banks and other lenders, long and short.
€ 108,291
▼ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,484
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -1,359 | € -13,164 | € -17,426 | € -2,137 | ▲ € 15,289 |
| Profit after taxes | € -5,389 | € -16,119 | € -22,015 | € -5,235 | ▲ € 16,780 |
| Equity | € -525,053 | € -541,172 | € -563,188 | € -568,423 | ▼ € 5,235 |
| Total debts | € 628,745 | € 663,577 | € 701,358 | € 705,995 | ▲ 1% |
| Cash | € 6,149 | € 3,374 | € 4,226 | € 3,971 | ▼ 6% |
| Retained profit | € -1,128,009 | € -1,144,128 | € -1,166,144 | € -1,171,379 | |
| Bank debt | € 489,378 | € 489,327 | € 489,327 | € 489,327 | |
| Balance sheet total | € 103,692 | € 122,405 | € 138,170 | € 137,572 |
Key figures of OLEO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to OLEO?
What happened at OLEO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 5,235. filed late Source: NBB ↗
- New establishment in Genappe. KBO
- New establishment in Chaumont-Gistoux. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,389 loss in 2021 to € 5,235 loss in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Floridienne, SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OLEOBehind OLEO are POTENTIA MANAGEMENT SPRL SRL and M.G.E. SRL. The shares are held by Floridienne (18.8%) and SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON (6.3%).
Directors
According to the 2024 annual accounts
Director · represented by YVAN HELLA
Director · represented by MARC NOEL
Also active at: Business Executive Service Company, Facility-H, WOODROW
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Nivelles 6D/8
1472 Genappe
Chaussée de Nivelles 6D box 8
1472 Genappe
Active since 13 July 2006
Rue des Papeteries 56 box b
1325 Chaumont-Gistoux
Active since 13 July 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0882.262.708
- VAT number
- BE 0882.262.708
- Registered office
- Chaussée de Nivelles 6D/8, 1472 Genappe
- Names & denominations
- OLEO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2006
- Peppol
- Active · Active since 1 Jan 2001