Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 59.7 to 53.
Financials
Financial year 2024
OLIVIER CONSTRUCT from Izegem, company number BE0407549854, closed financial year 2024 with a result of € 222,699 after tax. For that financial year OLIVIER CONSTRUCT recorded revenue of € 19.5 million and equity of € 4.9 million. Compared with financial year 2023, the result moved from € 276,013 to € 222,699. 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 July 17, 2025.
€ 4.9 million
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 222,699
▼ 19% vs 2023
Profit after tax over the fiscal year.
€ 192,023
▼ 48% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
22 % of the profit went to the shareholders, mostly to OLIVIER INVEST (97 % of the shares). That is where the money ends up.
People and assets in 2024
53
▼ 0.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▲ 5% vs 2023
€ 73,200 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.
€ 3.4 million
▲ 7% vs 2023
Of which on lease € 3.2 million.
Debts at end 2024
€ 2 million
▼ 12% vs 2023
€ 503,504 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.3 million
▲ 3% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 56 days on average.
€ 137,672
▲ 1% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 20,817,022 | € 18,755,590 | € 20,410,103 | € 19,460,681 | ▼ 5% |
| Profit after taxes | € -562,792 | € 682,999 | € 276,013 | € 222,699 | ▼ 19% |
| Equity | € 3,869,630 | € 4,552,629 | € 4,768,642 | € 4,941,341 | ▲ 4% |
| Total debts | € 6,910,584 | € 5,062,959 | € 5,210,068 | € 4,833,746 | ▼ 7% |
| Cash | € 865,423 | € 669,833 | € 367,343 | € 192,023 | ▼ 48% |
| Retained profit | € 3,369,630 | € 4,052,629 | € 4,268,642 | € 4,441,341 | ▲ 4% |
| Dividend | € 0 | € 0 | € 60,000 | € 50,000 | ▼ 17% |
| Bank debt | € 2,829,177 | € 2,150,101 | € 2,246,989 | € 1,976,514 | ▼ 12% |
| Balance sheet total | € 10,957,060 | € 9,791,524 | € 10,181,458 | € 9,995,031 | ▼ 2% |
| Employees (FTE) | 58.8 | 59.7 | 53.7 | 53 | ▼ 0.7 |
Key figures of OLIVIER CONSTRUCT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to OLIVIER CONSTRUCT?
What happened at OLIVIER CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier Management stepped down as director. NBB
- Valerie Hochepied stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 222,699 (▼ 19% vs 2023). Source: NBB ↗
- Olivier Management became a director. NBB
- Valerie Hochepied became a director. NBB
- New establishment in Izegem. KBO
- New establishment in Izegem. KBO
- New establishment in Izegem. KBO
In short
From € 562,792 loss in 2021 to € 222,699 profit in 2024.
Paid € 18,584 in corporate taxes since 2021.
Best year ever: 2022, with € 682,999 profit.
Paid out € 110,000 in dividends to the owners in total.
Management
The stake of OLIVIER INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OLIVIER CONSTRUCTThe shares are held by OLIVIER INVEST (96.7%). It owns 96% of Olivier Transport itself.
Directors
According to the 2024 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Shareholders
96.7%
Participations
Establishments
Establishment units
Physical locations of this company
Lodewijk de Raetlaan 24
8870 Izegem
Noordkaai 13
8870 Izegem
Active since 1 May 2016
Lodewijk de Raetlaan 29
8870 Izegem
Active since 8 December 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0407.549.854
- VAT number
- BE 0407.549.854
- Registered office
- Lodewijk de Raetlaan 24, 8870 Izegem
- Names & denominations
- OLIVIER CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 October 1970
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- olivierconstruct.be
- Activities · NACE
Bouw van autowegen en andere wegen
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Bouwrijp maken van terreinen
Grondverzet
Algemene bouw van residentiële gebouwen
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Verhuur van machines en installaties voor de bouwnijverheid
Bouwen van individuele huizen