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 27.9 to 24.5.
Financials
Financial year 2025
Overseas Import Lubricating from Maldegem, company number BE0427364776, closed financial year 2025 with a result of € -326,961 after tax. For that financial year Overseas Import Lubricating recorded revenue of € 9.4 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 105,685 to € -326,961. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2.7 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -326,961
▼ still € 105,685 profit in 2024
Profit after tax over the fiscal year.
€ 254,298
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.4 million.
People and assets in 2025
24.5
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 4% vs 2024
€ 59,500 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.
€ 791,502
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.5 million
▼ 21% vs 2024
€ 596,236 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.1 million
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 54,442
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,700,493 | € 11,910,851 | € 10,768,259 | € 9,383,402 | ▼ 13% |
| Profit after taxes | € 146,954 | € 92,339 | € 105,685 | € -326,961 | ▼ € 432,646 |
| Equity | € 2,820,350 | € 2,912,689 | € 3,018,374 | € 2,691,413 | ▼ 11% |
| Total debts | € 6,528,503 | € 6,633,686 | € 7,522,538 | € 6,446,287 | ▼ 14% |
| Cash | € 98,312 | € 632,257 | € 495,917 | € 254,298 | ▼ 49% |
| Land & buildings | € 3,147,209 | € 2,936,644 | € 2,726,079 | € 2,515,514 | ▼ 8% |
| Retained profit | € 2,566,010 | € 2,658,349 | € 2,764,034 | € 2,437,073 | ▼ 12% |
| Dividend | € 300,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 3,857,575 | € 4,298,796 | € 4,405,321 | € 3,490,233 | ▼ 21% |
| Balance sheet total | € 9,348,854 | € 9,546,375 | € 10,540,912 | € 9,137,700 | ▼ 13% |
| Employees (FTE) | 25.5 | 27.9 | 24.6 | 24.5 | ▼ 0.1 |
Key figures of Overseas Import Lubricating, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Overseas Import Lubricating?
What happened at Overseas Import Lubricating in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 326,961 (▼ € 432,646 vs 2024). filed late Source: NBB ↗
- Rik Van Hoorebeke became a director. NBB
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 146,954 profit in 2022 to € 326,961 loss in 2025.
Paid € 146,153 in corporate taxes since 2022.
Best year ever: 2022, with € 146,954 profit.
Paid out € 300,000 in dividends to the owners in total.
Management
The stake of Partner comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Overseas Import LubricatingBehind Overseas Import Lubricating is Rik Van Hoorebeke. The shares are held by Partner (100%).
Establishments
Establishment units
Physical locations of this company
Vliegplein 27
9991 Maldegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →BLASCO same network
€ 451,573 gross margin · 2025
Partner same network
€ 1.7 million gross margin · 2025
SPITS same network
€ 653,622 gross margin · 2025
SICAF same network
€ 942,638 gross margin · 2025
DE VLAEMINCK BOUW same network
€ 338,765 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.364.776
- VAT number
- BE 0427.364.776
- Registered office
- Vliegplein 27, 9991 Maldegem
- Names & denominations
- Overseas Import Lubricating · O.I.L.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1985
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Schilderen van gebouwen
Schilderen
Vervaardiging van metalen constructiewerken en delen daarvan
Groothandel in bouwmaterialen, algemeen assortiment
Schrijnwerk
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Vervaardiging van metalen constructiewerken en onderdelen daarvan
+3