Active · per the CBE, 29 October 2026
ORCOVET logo

ORCOVET

BE0479019850

Rechtspersoon Private limited company 1 establishment

ORCOVET is a wholesaler in Kluisbergen. Private Limited, started on 12 December 2002, 1 establishment.

Avelgemstraat 17, 9690 Kluisbergen orcovet.be

Behind the company: Kea BV.

Active for

23 year, 10 months

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.

What it is worth Healthy

€ 121,304

▼ 8% vs 2023

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

Profit Growing

€ 19,401

▲ 18% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 90,387

▲ 17% vs 2023

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

Where the profit goes Pays out

€ 30,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2024

Full-time equivalents

3

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

Wage cost

€ 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.

Vehicles and equipment

€ 32,579

▲ 32% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 15,798

▼ 79% vs 2023

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

Taxes and wages

€ 48,005

▲ 91% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 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

KEA 100%

The stake of KEA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ORCOVET

Behind ORCOVET is Kea BV. The shares are held by KEA (100%).

Directors

According to the 2024 annual accounts

Kea BV

Director · represented by Marc PAEPE

Also active at: HERBAVITA

Shareholders

KEA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

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

Adobe FontsAutoptimizeClarityCookieYesElementorFont AwesomeGoogle FontsGoogle MapsGoogle Tag ManagerGravity FormsNginxOpenStreetMapOwl CarouselPHPSlickWPMLWooCommerceWordPressYoast SEOjQueryjQuery UIlazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Domain

Domain

orcovet.be

Registered

1999-07-01

Website info

HTTPS Ja
Languages FR, NL
Copyright 2026

Features

Webshop Newsletter Ads Contact page

Security

✓ HTTPS
✓ SPF
✓ DMARC

Network

✓ IPv6

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

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Frequently asked questions

What does ORCOVET do?
ORCOVET is a wholesaler in Kluisbergen. Private Limited, started on 12 December 2002, 1 establishment.
What is the address of ORCOVET?
The registered office of ORCOVET is located at Avelgemstraat 17, 9690 Kluisbergen.
Is ORCOVET still active?
Yes. According to the CBE (29 October 2026) ORCOVET is active, legal situation “Normale toestand”, started on 12 December 2002.
Is ORCOVET registered on Peppol?
Yes, ORCOVET is registered on the Peppol network with ID 0208:0479019850.
What is the enterprise number of ORCOVET?
The enterprise number of ORCOVET is BE0479019850.
When was ORCOVET founded?
ORCOVET was founded on 12 December 2002.