ACTIVE

Olina

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Financial year 2025 · closed on 31/12/2025

Net result

-104,1 k €

-21700.8% YoY

Revenue

386,1 k €

-13.0% YoY

Equity

277,1 k €

-22.7% YoY

Workforce

112,7 ETP

+3.6% YoY

What does Olina do?

Olina is a Non-profit organization incorporated in 2006. Its main activity is: Technical and vocational secondary education. Its registered office is in Molenbeek-Saint-Jean. It employs on average 112,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.393.369

Incorporation

18/05/2006

Legal form

Non-profit organization

Registered office

Rue Tazieaux 30
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Latest accounts

31/12/2025

Average workforce

112,7 ETP

Activities (NACE)

85321Technical and vocational secondary education· main 88911Child day-care activities 88911Child day-care activities

Joint committees (1)

Signals

Healthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	386,1 k €	-13.0%	443,7 k €	-11.3%	500,1 k €	+5.5%	474,1 k €	+34.5%	352,5 k €	-12.1%	401 k €	+2.2%	392,5 k €	+3.9%	377,9 k €	+52.3%	248,1 k €	+40.0%	177,3 k €	+188%	61,5 k €	+11.5%	55,1 k €	+36.8%	40,3 k €	+7.0%	37,7 k €	+22.2%	30,8 k €	+5.0%	29,4 k €	+36.0%	21,6 k €
EBITDA	-2,3 k €	-111%	20,2 k €	+108%	-259,4 k €	+26.5%	-352,9 k €	-1039%	37,6 k €	+215%	11,9 k €	-94.2%	205 k €	+156%	80,1 k €	+581%	11,8 k €	-59.1%	28,8 k €	+332%	-12,4 k €	-198%	12,7 k €	+251%	-8,4 k €	+68.6%	-26,9 k €	-161%	44,4 k €	+40.3%	31,6 k €	-25.9%	42,7 k €
Operating result	-102,7 k €	-47.2%	-69,8 k €	+80.3%	-354,8 k €	+15.9%	-422 k €	-2776%	-14,7 k €	+63.2%	-39,9 k €	-124%	165,6 k €	+502%	27,5 k €	+247%	-18,7 k €	-363%	7,1 k €	+122%	-31,7 k €	-1821%	-1,6 k €	+91.5%	-19,5 k €	+47.5%	-37,1 k €	-201%	36,9 k €	+35.8%	27,2 k €	-33.1%	40,6 k €
Net result	-104,1 k €	-21701%	482 €	+100%	-334,6 k €	-1565%	-20,1 k €	-561%	4,4 k €	-98.3%	253,1 k €	+28.1%	197,6 k €	+265%	54,2 k €	+254%	15,3 k €	+53.5%	10 k €	+141%	-24,3 k €	-308%	11,7 k €	+40.1%	8,3 k €	+117%	-48,5 k €	-218%	41,2 k €	+33.2%	30,9 k €	-24.3%	40,9 k €
Balance sheet
Equity	277,1 k €	-22.7%	358,3 k €	+0.1%	357,9 k €	-48.3%	692,5 k €	-2.8%	712,6 k €	+9.1%	653,2 k €	+51.5%	431,3 k €	+82.8%	235,9 k €	+8.4%	217,6 k €	+53.4%	141,8 k €	+5.8%	134,1 k €	-16.7%	161 k €	+5.8%	152,1 k €	+3.8%	146,6 k €	-25.9%	197,9 k €	+24.5%	159 k €	+53.5%	103,6 k €
Total assets	1,1 M €	+3.2%	1 M €	-8.0%	1,1 M €	-21.7%	1,5 M €	-10.6%	1,6 M €	+9.0%	1,5 M €	+17.0%	1,3 M €	+20.2%	1,1 M €	+24.4%	851,1 k €	+105%	416,2 k €	+48.4%	280,4 k €	+12.0%	250,4 k €	-3.0%	258,1 k €	+13.7%	227 k €	-15.0%	267 k €	+10.4%	241,9 k €	+16.5%	207,6 k €
Cash	149,9 k €	-12.9%	172,1 k €	-50.8%	349,5 k €	-49.3%	689,2 k €		–		997,7 k €	+15.2%	866,3 k €		–		–		181,8 k €	+17.4%	154,8 k €	+10.3%	140,4 k €	-2.6%	144,2 k €	+26.2%	114,2 k €	-33.0%	170,5 k €	+12.6%	151,4 k €	+0.3%	151 k €
Debts	773,8 k €	+15.5%	670,1 k €	-11.9%	760,9 k €	+3.6%	734,6 k €	+48.8%	493,7 k €	+16.3%	424,7 k €	-1.4%	430,6 k €	+6.7%	403,7 k €	+31.4%	307,1 k €	+12.0%	274,2 k €	+87.4%	146,3 k €	+83.8%	79,6 k €	-12.7%	91,2 k €	+18.5%	77 k €	+11.5%	69 k €	-16.7%	82,8 k €	-19.8%	103,2 k €
Other
Workforce	112,7 ETP	+3.6%	108,8 ETP	+0.7%	108,0 ETP	+8.0%	100,0 ETP	+25.0%	80,0 ETP	+17.6%	68,0 ETP	0.0%	68,0 ETP	+9.7%	62,0 ETP	+47.6%	42,0 ETP	+10.5%	38,0 ETP	+105%	18,5 ETP	+3.9%	17,8 ETP	+1.7%	17,5 ETP	-100.0%	407 091,0 ETP	+606%	57 684,0 ETP	+379400%	15,2 ETP	-1.3%	15,4 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 31/12/2025 · 6 active · 43 ended

Active mandates

Abdelkarim HAOUARI

Mandate

Active

Amet GJANAJ

Mandate

Active

Hind ADDI

Mandate

Active

Igor DELOGNE

Mandate

Active

Mélanie BERENGUER

Mandate

Active

Serge BORUCHOWITCH

Mandate

Active

Ended mandates

Martine VOETS

Director · since 18 janvier 2010

Ended

Isabelle VAN MECHELEN

Director · since 27 mars 2006

Ended

Administratrice déléguée

Mandate

Ended

Ahmed EL KHANNOUSS

Managing director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/06/2026	25/06/2025	18/06/2024	23/06/2023	17/06/2022	24/06/2021
General meeting	22/06/2026	23/06/2025	17/06/2024	22/06/2023	15/06/2022	15/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/06/2026	24/06/2026	French	PDF
Abridged model	31/12/2024	23/06/2025	25/06/2025	French	PDF
Abridged model	31/12/2023	17/06/2024	18/06/2024	French	PDF
Abridged model	31/12/2022	22/06/2023	23/06/2023	French	PDF
Abridged model	31/12/2021	15/06/2022	17/06/2022	French	PDF
Abridged model	31/12/2020	15/06/2021	24/06/2021	French	PDF
Abridged model	31/12/2019	23/06/2020	25/06/2020	French	PDF
Abridged model	31/12/2018	25/06/2019	16/07/2019	French	PDF
Abridged model	31/12/2017	21/06/2018	05/09/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	10/07/2017	French	PDF
Abridged model	31/12/2015	29/06/2016	05/07/2016	French	PDF
Abridged model	31/12/2014	25/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	18/06/2014	14/07/2014	French	PDF
Abridged model	31/12/2012	24/06/2013	07/08/2013	French	PDF
Abridged modelCorrection	31/12/2011	25/06/2012	29/11/2012	French	PDF
Abridged model	31/12/2011	25/06/2012	28/07/2012	French	PDF
Abridged modelCorrection	31/12/2010	27/06/2011	29/11/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	12/07/2012	French	PDF
Abridged model	31/12/2009	24/06/2010	24/06/2010	French	PDF
Abridged model	31/12/2008	18/06/2009	25/06/2009	French	PDF
Abridged model	31/12/2007	19/06/2008	23/06/2008	French	PDF
Abridged model	31/12/2006	04/07/2007	16/07/2007	French	PDF

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 31/12/2025 · 6 active · 43 ended

Active mandates

Abdelkarim HAOUARI

Mandate

Active

Amet GJANAJ

Mandate

Active

Hind ADDI

Mandate

Active

Igor DELOGNE

Mandate

Active

Mélanie BERENGUER

Mandate

Active

Serge BORUCHOWITCH

Mandate

Active

Ended mandates

Martine VOETS

Director · since 18 janvier 2010

Ended

Isabelle VAN MECHELEN

Director · since 27 mars 2006

Ended

Administratrice déléguée

Mandate

Ended

Ahmed EL KHANNOUSS

Managing director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates19/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates09/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates26/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates28/09/2023
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates23/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates13/01/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates16/09/2019
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025-104,1 k €↓
2024
Annual accounts 2024482 €↑
2023
Annual accounts 2023-334,6 k €↓
2022
Annual accounts 2022-20,1 k €↓
2021
Annual accounts 20214,4 k €↓
2019
Annual accounts 2019253,1 k €↑
2018
Annual accounts 2018197,6 k €↑
2017
Annual accounts 201754,2 k €↑
2016
Annual accounts 201615,3 k €↑
2015
Annual accounts 201510 k €↑
2014
Annual accounts 2014-24,3 k €↓
2013
Annual accounts 201311,7 k €↑
2012
Annual accounts 20128,3 k €↑
2011
Annual accounts 2011-48,5 k €↓
2010
Annual accounts 201041,2 k €↑
2009
Annual accounts 200930,9 k €↓
2008
Annual accounts 200840,9 k €
18/05/2006
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Olina

Overview

What does Olina do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline