Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2023; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
OLIX Déco from Beauraing, company number BE0889358752, closed financial year 2023 with a result of € -34,439 after tax. For that financial year OLIX Déco recorded a gross margin of € 406,994 and equity of € 150,575. Compared with financial year 2022, the result moved from € 64,744 to € -34,439. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2023.
€ 150,575
▼ 39% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,439
▼ still € 64,744 profit in 2022
Profit after tax over the fiscal year.
€ 113,204
▼ 27% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 132,806.
People and assets in 2023
9.6
▲ 0.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 368,377
▲ 26% vs 2022
€ 38,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 101,628
▲ 19% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 98,790
▲ 29% vs 2022
€ 32,534 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 64,841
▼ 35% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 74,756
▼ 18% vs 2022
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 464,841 | € 406,994 | ▼ 12% |
| Profit after taxes | € 64,744 | € -34,439 | ▼ € 99,183 |
| Equity | € 245,015 | € 150,575 | ▼ 39% |
| Total debts | € 300,010 | € 355,673 | ▲ 19% |
| Cash | € 154,092 | € 113,204 | ▼ 27% |
| Retained profit | € 227,245 | € 132,806 | ▼ 42% |
| Dividend | € 60,000 | € 60,000 | |
| Bank debt | € 76,483 | € 98,790 | ▲ 29% |
| Balance sheet total | € 545,024 | € 506,249 | ▼ 7% |
| Employees (FTE) | 8.8 | 9.6 | ▲ 0.8 |
Key figures of OLIX Déco, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 October 2024.
What happened to OLIX Déco?
What happened at OLIX Déco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
OLIX Déco is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 34,439 (▼ € 99,183 vs 2022). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Beauraing. KBO
In short
From € 64,744 profit in 2022 to € 34,439 loss in 2023.
Paid € 25,576 in corporate taxes since 2022.
Best year ever: 2022, with € 64,744 profit.
On average € 42,400 of value added per employee in 2023.
Management
The stake of PC Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OLIX DécoBehind OLIX Déco is David Olix. The shares are held by PC Management (100%).
Directors
According to the 2023 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Genette 49
5570 Beauraing
rue de Rochefort 234
5570 Beauraing
Active since 8 May 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.358.752
- VAT number
- BE 0889.358.752
- Registered office
- Rue de la Genette 49, 5570 Beauraing
- Names & denominations
- OLIX Déco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 10 May 2007
- Peppol
- Not registered
- Contact
- [email protected] 082713120
- Activities · NACE
Schilderen van gebouwen
Schilderen
Plaatsen van vloerbedekking en wandbekleding van hout
Plaatsen van vloerbedekking van hout of andere materialen