OLAXCO is a hospitality business in Kortrijk. Private Limited, started on 29 March 1993, 2 establishments.

What is the address of OLAXCO?

The registered office of OLAXCO is located at Zonnekring(Kor) 29, 8500 Kortrijk.

Is OLAXCO still active?

Yes. According to the CBE (2 November 2026) OLAXCO is active, legal situation “Normale toestand”, started on 29 March 1993.

Is OLAXCO registered on Peppol?

Yes, OLAXCO is registered on the Peppol network with ID 0208:0450205011.

What is the enterprise number of OLAXCO?

The enterprise number of OLAXCO is BE0450205011.

When was OLAXCO founded?

OLAXCO was founded on 29 March 1993.

Who are the directors of OLAXCO?

According to the 2025 annual accounts, the directors of OLAXCO are: Ilse Vanhuysse, Vincent Beernaert.

Is OLAXCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 March 1993; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did OLAXCO make in 2025?

OLAXCO posted a profit after taxes of € 13,817 in financial year 2025.

What is the revenue of OLAXCO?

As a small company, OLAXCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 140,801.

OLAXCO (Private Limited) - Kortrijk - BE0450205011

Dossier OLAXCO, printed on 2 November 2026 from databakkes.be/en/0450205011/olaxco. 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 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.

What it is worth Growing

€ 138,525

▲ 10% vs 2024

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

Profit Growing

€ 13,817

▲ still € 979 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 528

▲ 72% vs 2024

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

Where the profit goes Pays out

€ 833 paid out

6 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 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.

Vehicles and equipment

€ 98

▼ 84% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 145,507

▼ 10% vs 2024

€ 19,234 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 17,415

▼ 29% vs 2024

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

Taxes and wages

€ 26,676

▲ 16% 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	€ 130,068 Gross margin 2022: € 130,068 First fiscal year in the series	€ 154,259 Gross margin 2023: € 154,259 ▲ 19% vs 2022 (€ 130,068) Favourable step	€ 135,560 Gross margin 2024: € 135,560 ▼ 12% vs 2023 (€ 154,259) Unfavourable step	€ 140,801 Gross margin 2025: € 140,801 ▲ 4% vs 2024 (€ 135,560) Favourable step	▲ 4%
Profit after taxes	€ 12,028 Profit after taxes 2022: € 12,028 First fiscal year in the series	€ 20,991 Profit after taxes 2023: € 20,991 ▲ 75% vs 2022 (€ 12,028) Favourable step	€ -979 Profit after taxes 2024: € -979 ▼ € 21,970 vs 2023 (€ 20,991) Unfavourable step	€ 13,817 Profit after taxes 2025: € 13,817 ▲ € 14,796 vs 2024 (€ -979) Favourable step	▲ € 14,796
Equity	€ 107,189 Equity 2022: € 107,189 First fiscal year in the series	€ 127,379 Equity 2023: € 127,379 ▲ 19% vs 2022 (€ 107,189) Favourable step	€ 125,542 Equity 2024: € 125,542 ▼ 1% vs 2023 (€ 127,379) Unfavourable step	€ 138,525 Equity 2025: € 138,525 ▲ 10% vs 2024 (€ 125,542) Favourable step	▲ 10%
Total debts	€ 237,719 Total debts 2022: € 237,719 First fiscal year in the series	€ 238,974 Total debts 2023: € 238,974 ▲ 1% vs 2022 (€ 237,719) Unfavourable step	€ 224,628 Total debts 2024: € 224,628 ▼ 6% vs 2023 (€ 238,974) Favourable step	€ 195,424 Total debts 2025: € 195,424 ▼ 13% vs 2024 (€ 224,628) Favourable step	▼ 13%
Cash	€ 2,110 Cash 2022: € 2,110 First fiscal year in the series	€ 3,324 Cash 2023: € 3,324 ▲ 58% vs 2022 (€ 2,110) Favourable step	€ 306 Cash 2024: € 306 ▼ 91% vs 2023 (€ 3,324) Unfavourable step	€ 528 Cash 2025: € 528 ▲ 72% vs 2024 (€ 306) Favourable step	▲ 72%
Land & buildings	€ 300,415 Land & buildings 2022: € 300,415 First fiscal year in the series	€ 288,249 Land & buildings 2023: € 288,249 ▼ 4% vs 2022 (€ 300,415) Unchanged	€ 276,153 Land & buildings 2024: € 276,153 ▼ 4% vs 2023 (€ 288,249) Unchanged	€ 264,057 Land & buildings 2025: € 264,057 ▼ 4% vs 2024 (€ 276,153) Unchanged	▼ 4%
Retained profit	€ 88,439 Retained profit 2022: € 88,439 First fiscal year in the series	€ 108,629 Retained profit 2023: € 108,629 ▲ 23% vs 2022 (€ 88,439) Favourable step	€ 106,792 Retained profit 2024: € 106,792 ▼ 2% vs 2023 (€ 108,629) Unfavourable step	€ 119,775 Retained profit 2025: € 119,775 ▲ 12% vs 2024 (€ 106,792) Favourable step	▲ 12%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 800 Dividend 2023: € 800 Unchanged (€ 0) Unchanged	€ 859 Dividend 2024: € 859 ▲ 7% vs 2023 (€ 800) Unchanged	€ 833 Dividend 2025: € 833 ▼ 3% vs 2024 (€ 859) Unchanged	▼ 3%
Bank debt	€ 198,880 Bank debt 2022: € 198,880 First fiscal year in the series	€ 180,764 Bank debt 2023: € 180,764 ▼ 9% vs 2022 (€ 198,880) Favourable step	€ 161,957 Bank debt 2024: € 161,957 ▼ 10% vs 2023 (€ 180,764) Favourable step	€ 145,507 Bank debt 2025: € 145,507 ▼ 10% vs 2024 (€ 161,957) Favourable step	▼ 10%
Balance sheet total	€ 395,481 Balance sheet total 2022: € 395,481 First fiscal year in the series	€ 414,168 Balance sheet total 2023: € 414,168 ▲ 5% vs 2022 (€ 395,481) Unchanged	€ 395,226 Balance sheet total 2024: € 395,226 ▼ 5% vs 2023 (€ 414,168) Unchanged	€ 376,247 Balance sheet total 2025: € 376,247 ▼ 5% vs 2024 (€ 395,226) Unchanged	▼ 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:

Apr 20, 2026 New annual accounts for financial year 2025: profit of € 13,817. Source: NBB ↗
May 1, 2018 New establishment in Kortrijk. KBO
Jun 16, 1993 New establishment in Kortrijk. KBO
Mar 29, 1993 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.

Original PDFs at the National Bank ↗

Management

Ilse Vanhuysse Vincent Beernaert

OLAXCO

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

Registered office

Zonnekring(Kor) 29

8500 Kortrijk

2.274.598.431

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

View on CBE Public ↗ Annual accounts (NBB) ↗

OLAXCO

Warning lights

Financials

What happened to OLAXCO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions