Bankrupt · Opening faillissement (CBE)

OLTEC

BE0466299685

Rechtspersoon Private limited company 1 establishment

OLTEC is a heating and ventilation installer in Lichtervelde. Private Limited, started on 22 June 1999, 1 establishment.

Kruiseekstraat 6, 8810 Lichtervelde

Behind the company: Karl Vercautter, Geert Vercautter.

Start date

22 June 1999

Warning lights

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

  • Negative equity NBB

    More debt than assets in 2 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Tight liquidity NBB

    Cash and receivables cover 51 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

OLTEC from Lichtervelde, company number BE0466299685, closed financial year 2022 with a result of € -5,916 after tax. For that financial year OLTEC recorded a gross margin of € 2,598 and equity of € -31,281. Compared with financial year 2021, the result moved from € -9,306 to € -5,916. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2023.

What it is worth Caution

€ -31,281

▼ € 5,916 vs 2021

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

Loss Caution

€ -5,916

▲ 36 % less loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 0

▼ 100% vs 2021

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -49,873.

People and assets in 2022

Full-time equivalents

0

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

Debts at end 2022

Bank debt ≈ 5 years to go

€ 36,346

▲ 94% vs 2021

€ 5,227 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 18,373

▲ 90% vs 2021

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

Taxes

€ 2,983

▼ 1% vs 2021

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 4,319 € 2,598 ▼ 40%
Profit after taxes € -9,306 € -5,916 ▲ € 3,391
Equity € -25,365 € -31,281 ▼ € 5,916
Total debts € 59,277 € 58,932 ▼ 1%
Cash € 378 € 0 ▼ 100%
Land & buildings € 3,840 € 0 ▼ 100%
Retained profit € -43,957 € -49,873 ▼ € 5,916
Bank debt € 18,712 € 36,346 ▲ 94%
Balance sheet total € 33,912 € 27,651 ▼ 18%

Key figures of OLTEC, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to OLTEC?

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

OLTEC is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 5,916. Source: NBB ↗
  • New establishment in Lichtervelde. KBO
  • Start of the company according to the CBE. KBO

In short

From € 9,306 loss in 2021 to € 5,916 loss in 2022.

Paid € 1,680 in corporate taxes since 2021.

Management

Karl Vercautter Geert Vercautter
OLTEC

Behind OLTEC are Karl Vercautter and Geert Vercautter.

Directors

According to the 2022 annual accounts

Karl Vercautter

Director

Geert Vercautter

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Kruiseekstraat 6

8810 Lichtervelde

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 →

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

Details

Company number
0466.299.685
VAT number
BE 0466.299.685
Registered office
Kruiseekstraat 6, 8810 Lichtervelde
Names & denominations
OLTEC
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
22 June 1999
Peppol
Active · Active since 19 Dec 2025
Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Installatie van verwarming, klimaatregeling en ventilatie

Ondersteunende activiteiten in verband met de veeteelt

Fokken en houden van paarden en andere paardachtigen

Overige sportactiviteiten, neg

Algemene elektrotechnische installatiewerken

Detailhandel in overige sportartikelen

Elektrische installatie

+1

Frequently asked questions

What does OLTEC do?
OLTEC is a heating and ventilation installer in Lichtervelde. Private Limited, started on 22 June 1999, 1 establishment.
What is the address of OLTEC?
The registered office of OLTEC is located at Kruiseekstraat 6, 8810 Lichtervelde.
Is OLTEC still active?
No. The CBE lists OLTEC with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is OLTEC registered on Peppol?
Yes, OLTEC is registered on the Peppol network with ID 0208:0466299685.
What is the enterprise number of OLTEC?
The enterprise number of OLTEC is BE0466299685.
When was OLTEC founded?
OLTEC was founded on 22 June 1999.