Financials
Financial year 2024
ORCOVET from Kluisbergen, company number BE0479019850, closed financial year 2024 with a result of € 19,401 after tax. For that financial year ORCOVET recorded a gross margin of € 288,265 and equity of € 121,304. Compared with financial year 2023, the result moved from € 16,387 to € 19,401. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2025.
€ 121,304
▼ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,401
▲ 18% vs 2023
Profit after tax over the fiscal year.
€ 90,387
▲ 17% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
3
Average over the fiscal year, from the social balance sheet.
€ 238,960
▲ 7% vs 2023
€ 79,700 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.
€ 32,579
▲ 32% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 15,798
▼ 79% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 48,005
▲ 91% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 284,479 | € 267,951 | € 273,742 | € 288,265 | ▲ 5% |
| Profit after taxes | € 30,555 | € 47,700 | € 16,387 | € 19,401 | ▲ 18% |
| Equity | € 167,816 | € 115,516 | € 131,903 | € 121,304 | ▼ 8% |
| Total debts | € 166,414 | € 169,284 | € 106,102 | € 97,804 | ▼ 8% |
| Cash | € 165,039 | € 100,027 | € 77,183 | € 90,387 | ▲ 17% |
| Retained profit | € 161,616 | € 109,316 | € 125,703 | € 115,104 | ▼ 8% |
| Dividend | € 0 | € 100,000 | € 0 | € 30,000 | |
| Bank debt | € 32,753 | € 13,256 | € 0 | € 0 | |
| Balance sheet total | € 334,230 | € 284,800 | € 238,004 | € 219,107 | ▼ 8% |
| Employees (FTE) | 3 | 3 | 3 | 3 |
Key figures of ORCOVET, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ORCOVET?
What happened at ORCOVET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 19,401 (▲ 18% vs 2023). filed late Source: NBB ↗
- New establishment in Kluisbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,555 profit in 2021 to € 19,401 profit in 2024.
Paid € 16,116 in corporate taxes since 2021.
Best year ever: 2022, with € 47,700 profit.
On average € 96,100 of value added per employee in 2024.
Management
The stake of KEA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ORCOVETBehind ORCOVET is Kea BV. The shares are held by KEA (100%).
Establishments
Establishment units
Physical locations of this company
Avelgemstraat 17
9690 Kluisbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
orcovet.be
Registered
1999-07-01
Website info
Features
Security
Network
Details
- Company number
- 0479.019.850
- VAT number
- BE 0479.019.850
- Registered office
- Avelgemstraat 17, 9690 Kluisbergen
- Names & denominations
- ORCOVET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2002
- Peppol
- Active · Active since 29 Dec 2025
- Contact
- orcovet.be
- Activities · NACE
Groothandel in andere voedingsmiddelen, neg
Overige gespecialiseerde groothandel in voedingswaren
Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten
Handelsbemiddeling in landbouwproducten, levende dieren, textielgrondstoffen en halffabrikaten
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Public relationsbureaus
Adviesbureaus op het gebied van public relations en communicatie