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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Olense Vleeswaren Industrie from Olen, company number BE0406329733, closed financial year 2025 with a result of € 2 million after tax. For that financial year Olense Vleeswaren Industrie recorded revenue of € 28.2 million and equity of € 14.4 million. Compared with financial year 2024, the result moved from € 3.3 million to € 2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 11, 2025.
€ 14.4 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 2.7 million
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 13.7 million.
People and assets in 2025
111
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.3 million
▲ 3% vs 2024
€ 65,900 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.
€ 203,421
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.1 million
▼ 12% vs 2024
€ 654,090 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.6 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 1.1 million
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 26,288,414 | € 43,831,764 | € 30,991,445 | € 28,226,627 | ▼ 9% |
| Profit after taxes | € 612,221 | € 137,378 | € 3,260,395 | € 2,042,398 | ▼ 37% |
| Equity | € 8,759,195 | € 8,893,728 | € 12,379,058 | € 14,392,120 | ▲ 16% |
| Total debts | € 7,646,788 | € 14,376,740 | € 12,908,618 | € 12,132,873 | ▼ 6% |
| Cash | € 853,099 | € 3,424,784 | € 7,346,927 | € 2,678,554 | ▼ 64% |
| Land & buildings | € 3,533,247 | € 6,564,688 | € 6,666,376 | € 6,442,820 | ▼ 3% |
| Retained profit | € 8,256,350 | € 8,393,728 | € 11,654,123 | € 13,696,521 | ▲ 18% |
| Bank debt | € 1,104,977 | € 6,179,461 | € 5,850,699 | € 5,136,127 | ▼ 12% |
| Balance sheet total | € 16,405,983 | € 23,270,468 | € 25,287,676 | € 26,524,993 | ▲ 5% |
| Employees (FTE) | 113.6 | 118 | 113 | 111 | ▼ 2 |
Key figures of Olense Vleeswaren Industrie, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Olense Vleeswaren Industrie?
What happened at Olense Vleeswaren Industrie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2 million (▼ 37% vs 2024). Source: NBB ↗
- Philippe Vanreusel became a director. NBB
- Jozef Vanreusel stepped down as director. NBB
- Jozef Vanreusel became a director. NBB
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 612,221 profit in 2021 to € 2 million profit in 2025.
Paid € 2.1 million in corporate taxes since 2021.
Best year ever: 2024, with € 3.3 million profit.
Pays suppliers within 34 days on average.
Management
Behind Olense Vleeswaren Industrie is Philippe Vanreusel. Philippe Vanreusel is also behind TRAITEUR FOODS.
Directors
According to the 2025 annual accounts
since 2025
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Hoogbuul 1
2250 Olen
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.
Details
- Company number
- 0406.329.733
- VAT number
- BE 0406.329.733
- Registered office
- Hoogbuul 1, 2250 Olen
- Names & denominations
- Olense Vleeswaren Industrie · O.V.I.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 1968
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
Vervaardiging van producten van vlees of van vlees van gevogelte
Vervaardiging van verse vleeswaren en van vleesconserven