ACTIVE

OLV RESEARCH UNIT

Financial year 2022 · closed on 31/12/2022
Net result
-80,7 k €
+17.7% YoY
Gross margin
-57,1 k €
+12.9% YoY
Equity
343,2 k €
-19.0% YoY

What does OLV RESEARCH UNIT do?

OLV RESEARCH UNIT is a Non-profit organization incorporated in 2001. Its main activity is: Manufacture of basic pharmaceutical products. Its registered office is in Aalst.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.229.139
Incorporation
17/01/2001
Legal form
Non-profit organization
Registered office
Moorselbaan 164
9300 Aalst · FlandreSee on map
Latest accounts
31/12/2022
Joint committees (1)
  • 330
Signals
Solid equityLow riskGood liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-57,1 k €-65,5 k €-25,3 k €-56,2 k €-28,1 k €-55,7 k €-11,7 k €-48,4 k €-186,5 k €-169,4 k €-46 k €7,2 k €-30,7 k €-11,8 k €452,2 k €428,4 k €
EBITDA-60 k €-76,6 k €-33,2 k €-67,8 k €-31,4 k €-61,3 k €-16,5 k €-51,9 k €-189,6 k €-179,9 k €-61,7 k €1,7 k €-42,2 k €-61,6 k €348,8 k €382,3 k €
Operating result-80,5 k €-96,4 k €-50,1 k €-82,6 k €-49,6 k €-79,7 k €-34,9 k €-69,8 k €-212,9 k €-201,5 k €-83,2 k €-22,4 k €-98,8 k €-120,6 k €289,1 k €322,5 k €
Net result-80,7 k €-98 k €-50,4 k €-82,8 k €-51 k €-80,9 k €-33,9 k €-67,8 k €-205 k €-199 k €-81,8 k €-16 k €-96,4 k €-107,4 k €307,4 k €331,5 k €
Balance sheet
Equity343,2 k €423,8 k €521,8 k €572,2 k €655 k €706 k €786,9 k €820,8 k €888,6 k €1,1 M €1,3 M €1,4 M €1,4 M €1,5 M €1,6 M €1,3 M €
Total assets363,3 k €447,1 k €558,6 k €589,3 k €656,4 k €716,7 k €797,5 k €837,2 k €908,1 k €1,4 M €1,3 M €1,4 M €1,4 M €1,5 M €1,7 M €1,4 M €
Cash9,3 k €1,9 k €21,1 k €13,8 k €31,2 k €20,6 k €60,3 k €81,6 k €102,6 k €139 k €68,8 k €15,5 k €60,8 k €27,4 k €163,2 k €32,1 k €
Debts20,1 k €23,2 k €36,7 k €17,1 k €1,4 k €8,3 k €8 k €16,5 k €19,6 k €282,3 k €19,4 k €13,8 k €32,5 k €16,5 k €77,4 k €86,3 k €
Other
Workforce0,2 ETP0,8 ETP1,3 ETP0,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2022 · 5 active · 32 ended

Active mandates

Karl Morias

Mandate

Active
Koen Suy

Mandate

Active
Luc Foubert

Mandate

Active
Nathalie De Mey

Mandate

Active
Stefaan Bouchez

Mandate

Active

Ended mandates

Demeyer Ignace

Director · since 06 juin 2018 · until 06 juin 2024

Ended
Foubert Luc

Chairman of the board of directors · since 06 juin 2018 · until 06 juin 2024

Ended
Karl Morias

Director · since 06 juin 2018 · until 06 juin 2024

Ended
Koen Suy

Vice-chairman of the board of directors · since 06 juin 2018 · until 06 juin 2024

Ended
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Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202330/09/202226/08/202123/10/202014/10/201904/12/2018
General meeting23/08/202331/08/202230/06/202129/09/202029/08/201925/09/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202223/08/202331/08/2023DutchPDF
Abridged model31/12/202131/08/202230/09/2022DutchPDF
Abridged model31/12/202030/06/202126/08/2021DutchPDF
Abridged model31/12/201929/09/202023/10/2020DutchPDF
Abridged model31/12/201829/08/201914/10/2019DutchPDF
Abridged model31/12/201725/09/201804/12/2018DutchPDF
Abridged model31/12/201607/06/201727/06/2017DutchPDF
Abridged model31/12/201501/06/201613/07/2016DutchPDF
Abridged model31/12/201431/07/201528/08/2015DutchPDF
Abridged model31/12/201304/06/201416/07/2014DutchPDF
Abridged model31/12/201205/06/201305/07/2013DutchPDF
Abridged model31/12/201106/06/201217/07/2012DutchPDF
Abridged model31/12/201001/06/201130/08/2011DutchPDF
Abridged model31/12/200902/06/201030/08/2010DutchPDF
Abridged model31/12/200803/06/200931/08/2009DutchPDF
Abridged model31/12/200704/06/200823/10/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 5 active · 32 ended

Active mandates

Karl Morias

Mandate

Active
Koen Suy

Mandate

Active
Luc Foubert

Mandate

Active
Nathalie De Mey

Mandate

Active
Stefaan Bouchez

Mandate

Active

Ended mandates

Demeyer Ignace

Director · since 06 juin 2018 · until 06 juin 2024

Ended
Foubert Luc

Chairman of the board of directors · since 06 juin 2018 · until 06 juin 2024

Ended
Karl Morias

Director · since 06 juin 2018 · until 06 juin 2024

Ended
Koen Suy

Vice-chairman of the board of directors · since 06 juin 2018 · until 06 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/03/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/01/2004
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022-80,7 k €
  2. 2021
    Annual accounts 2021-98 k €
  3. 2020
    Annual accounts 2020-50,4 k €
  4. 2019
    Annual accounts 2019-82,8 k €
  5. 2018
    Annual accounts 2018-51 k €
  6. 2017
    Annual accounts 2017-80,9 k €
  7. 2016
    Annual accounts 2016-33,9 k €
  8. 2015
    Annual accounts 2015-67,8 k €
  9. 2014
    Annual accounts 2014-205 k €
  10. 2013
    Annual accounts 2013-199 k €
  11. 2012
    Annual accounts 2012-81,8 k €
  12. 2011
    Annual accounts 2011-16 k €
  13. 2010
    Annual accounts 2010-96,4 k €
  14. 2009
    Annual accounts 2009-107,4 k €
  15. 2008
    Annual accounts 2008307,4 k €
  16. 2007
    Annual accounts 2007331,5 k €
  17. 17/01/2001
    IncorporationNon-profit organization