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 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
OLIN SERVICES from Sint-Martens-Latem, company number BE1026520811, closed financial year 2025 with a result of € -48,418 after tax. For that financial year OLIN SERVICES recorded a gross margin of € 74,304 and equity of € -43,418. 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 31, 2026.
€ -43,418
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,418
Profit after tax over the fiscal year.
€ 36,252
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,418.
Debts at end 2025
€ 1.3 million
€ 166,727 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 51,958
Supplier invoices still open on the last day of the fiscal year.
€ 24
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
What happened to OLIN SERVICES?
What happened at OLIN SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 48,418. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Martens-Latem. KBO
In short
Paid € 24 in corporate taxes since 2025.
Management
Behind OLIN SERVICES are Olivier Demeulemeester and Phebe Willem.
Directors
According to the 2025 annual accounts
Olivier Demeulemeester
Director
Phebe Willem
Director
Establishments
Establishment units
Physical locations of this company
Vossestaart 14
9830 Sint-Martens-Latem
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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DEMEULEMEESTER Olivier Germain Lionel(oprichter) 100%
Details
- Company number
- 1026.520.811
- VAT number
- BE 1026.520.811
- Registered office
- Vossestaart 14, 9830 Sint-Martens-Latem
- Names & denominations
- OLIN SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 August 2025
- Peppol
- Active · Active since 14 Aug 2025