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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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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DE OLIFANT from Wommelgem, company number BE0451408801, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year DE OLIFANT recorded revenue of € 24.4 million and equity of € 7.8 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.4 million. 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 June 29, 2026.
€ 7.8 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 750,000 paid out
55 % of the profit went to the shareholders, mostly to Orlanda (85 % of the shares). That is where the money ends up.
People and assets in 2025
32.5
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 1% vs 2024
€ 71,500 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.
€ 303,059
▲ € 254,746 vs 2024
Of which on lease € 70,124.
Debts at end 2025
€ 2.5 million
▲ 10% vs 2024
€ 382,068 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.6 million
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.
€ 388,950
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 21,876,514 | € 22,952,869 | € 23,490,979 | € 24,413,279 | ▲ 4% |
| Profit after taxes | € 1,705,652 | € 1,383,744 | € 1,236,081 | € 1,367,341 | ▲ 11% |
| Equity | € 5,555,090 | € 6,588,834 | € 7,224,915 | € 7,842,256 | ▲ 9% |
| Total debts | € 6,350,064 | € 5,791,293 | € 5,798,012 | € 5,276,238 | ▼ 9% |
| Cash | € 496,479 | € 404,017 | € 654,275 | € 1,206,176 | ▲ 84% |
| Land & buildings | € 2,432,545 | € 2,264,897 | € 2,120,977 | € 1,951,723 | ▼ 8% |
| Retained profit | € 4,896,090 | € 5,929,834 | € 6,565,915 | € 7,183,256 | ▲ 9% |
| Dividend | € 400,000 | € 350,000 | € 600,000 | € 750,000 | ▲ 25% |
| Bank debt | € 3,687,001 | € 3,080,922 | € 2,303,852 | € 2,531,681 | ▲ 10% |
| Balance sheet total | € 11,905,154 | € 12,380,127 | € 13,022,927 | € 13,118,494 | ▲ 1% |
| Employees (FTE) | 31 | 30.6 | 34.1 | 32.5 | ▼ 1.6 |
Key figures of DE OLIFANT, 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 DE OLIFANT?
What happened at DE OLIFANT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ 11% vs 2024). Source: NBB ↗
- New establishment in Ranst. KBO
- ORLANDA BV became a director. NBB
- PINKERTON BV became a director. NBB
- RAFFCO BV became a director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Wommelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.7 million profit.
Paid out € 2.1 million in dividends to the owners in total.
Management
The stake of Orlanda comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE OLIFANTBehind DE OLIFANT are ORLANDA BV, PINKERTON BV and RAFFCO BV. The shares are held by Orlanda (85%).
Directors
According to the 2025 annual accounts
Director · represented by Franciscus Rutgeerts
since 2019
Director · represented by Johan Rutgeerts
Also active at: Red Sky, Orlanda, HUCHA INVEST
since 2019
since 2019
Shareholders
85%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herentalsebaan 406 box Unit A2
2160 Wommelgem
Herentalsebaan 406 box A2
2160 Wommelgem
Active since 2 March 2009
Kernenergiestraat 51
2610 Antwerpen
Active since 1 April 2013
Kromstraat 60 box A / B
2520 Ranst
Active since 1 October 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
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HAVANA DISTRIBUTION
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+18 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
- 0451.408.801
- VAT number
- BE 0451.408.801
- Registered office
- Herentalsebaan 406 bus Unit A2, 2160 Wommelgem
- Names & denominations
- DE OLIFANT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1993
- Peppol
- Active · Active since 18 Apr 2025
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair