Active · per the CBE, 29 September 2026

OLAERTS

BE0477735490

Rechtspersoon Private limited company 1 establishment

OLAERTS is a logistics company in Genk. Private Limited, started on 13 June 2002, 1 establishment.

Koerlostraat 50, 3600 Genk

Behind the company: Geert Olaerts, Lydia Abeck.

Active for

24 year, 3 months

Warning lights

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

  • Shrinking team NBB

    FTE fell two years in a row, from 10.7 to 9.5.

Financials

Financial year 2025

OLAERTS from Genk, company number BE0477735490, closed financial year 2025 with a result of € 7,135 after tax. For that financial year OLAERTS recorded a gross margin of € 525,823 and equity of € 753,998. Compared with financial year 2024, the result moved from € 71,490 to € 7,135. 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 August 25, 2026.

What it is worth Growing

€ 753,998

▲ 1% vs 2024

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

Profit Healthy

€ 7,135

▼ 90% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 34,105

▼ 32% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 733,998.

People and assets in 2025

Full-time equivalents

9.5

▼ 0.4 vs 2024

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

Wage cost

€ 397,308

▼ 3% vs 2024

€ 41,800 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

€ 24,387

▼ 14% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 years to go

€ 78,166

▼ 47% vs 2024

€ 60,166 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 121,218

▼ 11% vs 2024

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

Wages and social charges

€ 41,718

▼ 30% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 518,580 € 704,033 € 610,961 € 525,823 ▼ 14%
Profit after taxes € 10,974 € 129,934 € 71,490 € 7,135 ▼ 90%
Equity € 566,494 € 696,427 € 746,862 € 753,998 ▲ 1%
Total debts € 932,387 € 925,529 € 909,129 € 785,492 ▼ 14%
Cash € 34,551 € 40,582 € 50,387 € 34,105 ▼ 32%
Land & buildings € 859,191 € 850,825 € 773,474 € 708,424 ▼ 8%
Retained profit € 546,494 € 676,427 € 726,862 € 733,998 ▲ 1%
Dividend € 121,929 € 0 € 21,055 € 0 ▼ 100%
Bank debt € 242,963 € 194,592 € 146,666 € 78,166 ▼ 47%
Balance sheet total € 1,498,880 € 1,621,956 € 1,655,992 € 1,539,489 ▼ 7%
Employees (FTE) 10.1 10.7 9.9 9.5 ▼ 0.4

Key figures of OLAERTS, 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 OLAERTS?

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

  • New annual accounts for financial year 2025: profit of € 7,135 (▼ 90% vs 2024). filed late Source: NBB ↗
  • Geert Olaerts became a director. NBB
  • Lydia Abeck became a director. NBB
  • New establishment in Genk. KBO
  • Start of the company according to the CBE. KBO

In short

From € 10,974 profit in 2022 to € 7,135 profit in 2025.

Paid € 81,024 in corporate taxes since 2022.

Best year ever: 2023, with € 129,934 profit.

On average € 55,300 of value added per employee in 2025.

Management

Geert Olaerts
OLAERTS

Behind OLAERTS are Geert Olaerts and Lydia Abeck. The shares are held by Geert Olaerts.

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Directors

According to the 2025 annual accounts

Geert Olaerts

Director

Is a shareholder

Also active at: EMLI RETAIL, Officenter Genk

since 2022

Lydia Abeck

Director

Also active at: EMLI RETAIL

since 2022

Shareholders

Geert Olaerts · director

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Koerlostraat 50

3600 Genk

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

Details

Company number
0477.735.490
VAT number
BE 0477.735.490
Registered office
Koerlostraat 50, 3600 Genk
Names & denominations
OLAERTS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
13 June 2002
Peppol
Active · Active since 19 May 2025
Activities · NACE

Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)

Frequently asked questions

What does OLAERTS do?
OLAERTS is a logistics company in Genk. Private Limited, started on 13 June 2002, 1 establishment.
What is the address of OLAERTS?
The registered office of OLAERTS is located at Koerlostraat 50, 3600 Genk.
Is OLAERTS still active?
Yes. According to the CBE (29 September 2026) OLAERTS is active, legal situation “Normale toestand”, started on 13 June 2002.
Is OLAERTS registered on Peppol?
Yes, OLAERTS is registered on the Peppol network with ID 0208:0477735490.
What is the enterprise number of OLAERTS?
The enterprise number of OLAERTS is BE0477735490.
When was OLAERTS founded?
OLAERTS was founded on 13 June 2002.