What does ORTELEC do?

ORTELEC is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 26 August 1991, 1 establishment.

What is the address of ORTELEC?

The registered office of ORTELEC is located at Staatsbaan 32, 8610 Kortemark.

Is ORTELEC still active?

Yes. According to the CBE (31 October 2026) ORTELEC is active, legal situation “Normale toestand”, started on 26 August 1991.

Is ORTELEC registered on Peppol?

Yes, ORTELEC is registered on the Peppol network with ID 0208:0444926132.

What is the enterprise number of ORTELEC?

The enterprise number of ORTELEC is BE0444926132.

When was ORTELEC founded?

ORTELEC was founded on 26 August 1991.

Who are the directors of ORTELEC?

According to the 2025 annual accounts, the directors of ORTELEC are: JONAHOLD BV.

Is ORTELEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 August 1991; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ORTELEC make in 2025?

ORTELEC posted a profit after taxes of € 423,999 in financial year 2025.

What is the revenue of ORTELEC?

As a small company, ORTELEC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,373,714.

How much does an employee at ORTELEC earn?

The average wage cost per full-time employee at ORTELEC was € 57,900 in 2025: staff costs of € 637,295 for 11 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ORTELEC have?

According to the 2025 annual accounts, ORTELEC has 11 full-time equivalents (FTE).

ORTELEC (Public Limited) - Kortemark - BE0444926132

Dossier ORTELEC, printed on 31 October 2026 from databakkes.be/en/0444926132/ortelec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ORTELEC from Kortemark, company number BE0444926132, closed financial year 2025 with a result of € 423,999 after tax. For that financial year ORTELEC recorded a gross margin of € 1.4 million and equity of € 8.7 million. Compared with financial year 2024, the result moved from € 1.2 million to € 423,999. 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 April 17, 2026.

What it is worth Growing

€ 8.7 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 423,999

▼ 63% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 519,671

▲ € 480,680 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 400,000 paid out

94 % of the profit went to the shareholders, mostly to Jonahold (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 637,295

▼ 8% vs 2024

€ 57,900 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.

Vehicles and equipment

€ 64,368

▼ 39% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 32,007

▲ 115% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 146,980

▲ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,781,434 Gross margin 2022: € 1,781,434 First fiscal year in the series	€ 1,904,026 Gross margin 2023: € 1,904,026 ▲ 7% vs 2022 (€ 1,781,434) Favourable step	€ 1,739,482 Gross margin 2024: € 1,739,482 ▼ 9% vs 2023 (€ 1,904,026) Unfavourable step	€ 1,373,714 Gross margin 2025: € 1,373,714 ▼ 21% vs 2024 (€ 1,739,482) Unfavourable step	▼ 21%
Profit after taxes	€ 1,158,056 Profit after taxes 2022: € 1,158,056 First fiscal year in the series	€ 1,489,724 Profit after taxes 2023: € 1,489,724 ▲ 29% vs 2022 (€ 1,158,056) Favourable step	€ 1,154,780 Profit after taxes 2024: € 1,154,780 ▼ 22% vs 2023 (€ 1,489,724) Unfavourable step	€ 423,999 Profit after taxes 2025: € 423,999 ▼ 63% vs 2024 (€ 1,154,780) Unfavourable step	▼ 63%
Equity	€ 7,279,502 Equity 2022: € 7,279,502 First fiscal year in the series	€ 8,444,225 Equity 2023: € 8,444,225 ▲ 16% vs 2022 (€ 7,279,502) Favourable step	€ 8,649,005 Equity 2024: € 8,649,005 ▲ 2% vs 2023 (€ 8,444,225) Favourable step	€ 8,673,004 Equity 2025: € 8,673,004 Unchanged (€ 8,649,005) Favourable step
Total debts	€ 1,500,040 Total debts 2022: € 1,500,040 First fiscal year in the series	€ 1,232,506 Total debts 2023: € 1,232,506 ▼ 18% vs 2022 (€ 1,500,040) Favourable step	€ 1,128,155 Total debts 2024: € 1,128,155 ▼ 8% vs 2023 (€ 1,232,506) Favourable step	€ 7,639,349 Total debts 2025: € 7,639,349 ▲ € 6.5 million vs 2024 (€ 1,128,155) Unfavourable step	▲ € 6.5 million
Cash	€ 540,751 Cash 2022: € 540,751 First fiscal year in the series	€ 140,546 Cash 2023: € 140,546 ▼ 74% vs 2022 (€ 540,751) Unfavourable step	€ 38,991 Cash 2024: € 38,991 ▼ 72% vs 2023 (€ 140,546) Unfavourable step	€ 519,671 Cash 2025: € 519,671 ▲ € 480,680 vs 2024 (€ 38,991) Favourable step	▲ € 480,680
Land & buildings	€ 559,276 Land & buildings 2022: € 559,276 First fiscal year in the series	€ 556,477 Land & buildings 2023: € 556,477 ▼ 1% vs 2022 (€ 559,276) Unchanged	€ 553,699 Land & buildings 2024: € 553,699 Unchanged (€ 556,477) Unchanged	€ 550,921 Land & buildings 2025: € 550,921 ▼ 1% vs 2024 (€ 553,699) Unchanged	▼ 1%
Retained profit	€ 4,453,515 Retained profit 2022: € 4,453,515 First fiscal year in the series	€ 5,618,239 Retained profit 2023: € 5,618,239 ▲ 26% vs 2022 (€ 4,453,515) Favourable step	€ 5,823,019 Retained profit 2024: € 5,823,019 ▲ 4% vs 2023 (€ 5,618,239) Favourable step	€ 5,847,018 Retained profit 2025: € 5,847,018 Unchanged (€ 5,823,019) Favourable step
Dividend	€ 1,157,250 Dividend 2022: € 1,157,250 First fiscal year in the series	€ 325,000 Dividend 2023: € 325,000 ▼ 72% vs 2022 (€ 1,157,250) Unchanged	€ 950,000 Dividend 2024: € 950,000 ▲ 192% vs 2023 (€ 325,000) Unchanged	€ 400,000 Dividend 2025: € 400,000 ▼ 58% vs 2024 (€ 950,000) Unchanged	▼ 58%
Bank debt	€ 871,246 Bank debt 2022: € 871,246 First fiscal year in the series	€ 650,000 Bank debt 2023: € 650,000 ▼ 25% vs 2022 (€ 871,246) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 650,000) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 8,779,541 Balance sheet total 2022: € 8,779,541 First fiscal year in the series	€ 9,676,731 Balance sheet total 2023: € 9,676,731 ▲ 10% vs 2022 (€ 8,779,541) Unchanged	€ 9,777,160 Balance sheet total 2024: € 9,777,160 ▲ 1% vs 2023 (€ 9,676,731) Unchanged	€ 16,312,353 Balance sheet total 2025: € 16,312,353 ▲ 67% vs 2024 (€ 9,777,160) Unchanged	▲ 67%
Employees (FTE)	13.6 Employees (FTE) 2022: 13.6 First fiscal year in the series	11.5 Employees (FTE) 2023: 11.5 ▼ 2.1 vs 2022 (13.6) Unchanged	11.1 Employees (FTE) 2024: 11.1 ▼ 0.4 vs 2023 (11.5) Unchanged	11 Employees (FTE) 2025: 11 ▼ 0.1 vs 2024 (11.1) Unchanged	▼ 0.1

Key figures of ORTELEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to ORTELEC?

What happened at ORTELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 17, 2026 New annual accounts for financial year 2025: profit of € 423,999 (▼ 63% vs 2024). Source: NBB ↗
2020 JONAHOLD BV became a director. NBB
Jan 23, 2002 New establishment in Kortemark. KBO
Aug 26, 1991 Start of the company according to the CBE. KBO

In short

From € 1.2 million profit in 2022 to € 423,999 profit in 2025.

Paid € 915,818 in corporate taxes since 2022.

Best year ever: 2023, with € 1.5 million profit.

On average € 124,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Jonahold 100%

The stake of Jonahold comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ORTELEC

Lecluyse 89.9%

Behind ORTELEC is JONAHOLD BV. The shares are held by Jonahold (100%). It owns 89.9% of Lecluyse itself.

Directors

According to the 2025 annual accounts

JONAHOLD BV

Managing director · represented by Jonathan Lecluyse

Also active at: LECLUYSE, CP-MOTORS

since 2020

Shareholders

Jonahold

100%

Participations

Lecluyse

89.9%

Establishments

Establishment units

Physical locations of this company

Registered office

Staatsbaan 32

8610 Kortemark

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 →

LECLUYSE same network

€ 1.6 million gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0444.926.132

VAT number

BE 0444.926.132

Registered office

Staatsbaan 32, 8610 Kortemark

Names & denominations

ORTELEC

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

26 August 1991

Peppol

Active · Active since 7 Oct 2025

Activities · NACE

Activiteiten van holdings

Managementactiviteiten van holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Holdings

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

ORTELEC

Warning lights

Financials

What happened to ORTELEC?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions