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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
OLAXCO from Kortrijk, company number BE0450205011, closed financial year 2025 with a result of € 13,817 after tax. For that financial year OLAXCO recorded a gross margin of € 140,801 and equity of € 138,525. Compared with financial year 2024, the result moved from € -979 to € 13,817. Profitable, and profit is growing. 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 20, 2026.
€ 138,525
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,817
▲ still € 979 loss in 2024
Profit after tax over the fiscal year.
€ 528
▲ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
6 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 74,940
▼ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 98
▼ 84% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 145,507
▼ 10% vs 2024
€ 19,234 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 17,415
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,676
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 130,068 | € 154,259 | € 135,560 | € 140,801 | ▲ 4% |
| Profit after taxes | € 12,028 | € 20,991 | € -979 | € 13,817 | ▲ € 14,796 |
| Equity | € 107,189 | € 127,379 | € 125,542 | € 138,525 | ▲ 10% |
| Total debts | € 237,719 | € 238,974 | € 224,628 | € 195,424 | ▼ 13% |
| Cash | € 2,110 | € 3,324 | € 306 | € 528 | ▲ 72% |
| Land & buildings | € 300,415 | € 288,249 | € 276,153 | € 264,057 | ▼ 4% |
| Retained profit | € 88,439 | € 108,629 | € 106,792 | € 119,775 | ▲ 12% |
| Dividend | € 0 | € 800 | € 859 | € 833 | ▼ 3% |
| Bank debt | € 198,880 | € 180,764 | € 161,957 | € 145,507 | ▼ 10% |
| Balance sheet total | € 395,481 | € 414,168 | € 395,226 | € 376,247 | ▼ 5% |
Key figures of OLAXCO, 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 OLAXCO?
What happened at OLAXCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,817. Source: NBB ↗
- New establishment in Kortrijk. KBO
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,028 profit in 2022 to € 13,817 profit in 2025.
Paid € 18,531 in corporate taxes since 2022.
Best year ever: 2023, with € 20,991 profit.
Paid out € 2,492 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind OLAXCO are Ilse Vanhuysse and Vincent Beernaert.
Directors
According to the 2025 annual accounts
Ilse Vanhuysse
Director
Vincent Beernaert
Director
Establishments
Establishment units
Physical locations of this company
Zonnekring(Kor) 29
8500 Kortrijk
Grote Markt(Kor) 20
8500 Kortrijk
Active since 1 May 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.205.011
- VAT number
- BE 0450.205.011
- Registered office
- Zonnekring(Kor) 29, 8500 Kortrijk
- Names & denominations
- OLAXCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1993
- Peppol
- Active · Active since 26 May 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening