What does OCTARINE do?

OCTARINE is an engineering firm in Turnhout. Private Limited, started on 9 January 2013, 1 establishment.

What is the address of OCTARINE?

The registered office of OCTARINE is located at Goedendagstraat 7, 2300 Turnhout.

Is OCTARINE still active?

Yes. According to the CBE (30 October 2026) OCTARINE is active, legal situation “Normale toestand”, started on 9 January 2013.

Is OCTARINE registered on Peppol?

Yes, OCTARINE is registered on the Peppol network with ID 0208:0502290249.

What is the enterprise number of OCTARINE?

The enterprise number of OCTARINE is BE0502290249.

When was OCTARINE founded?

OCTARINE was founded on 9 January 2013.

It owns 99.6% of Consort itself.

Is OCTARINE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 January 2013; 4 annual accounts filed, latest fiscal year 2024.

How much profit did OCTARINE make in 2024?

OCTARINE posted a profit after taxes of € 34,715 in financial year 2024.

What is the revenue of OCTARINE?

As a small company, OCTARINE is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 117,054.

How much does an employee at OCTARINE earn?

The average wage cost per full-time employee at OCTARINE was € 27,500 in 2023: staff costs of € 32,980 for 1.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

OCTARINE (Private Limited) - Turnhout - BE0502290249

Dossier OCTARINE, printed on 30 October 2026 from databakkes.be/en/0502290249/octarine. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Tight liquidity NBB

Cash and receivables cover 58 % of short-term debt in 2024; threshold 65 %.
Late annual account NBB

Fiscal year 2024 was filed 234 days after the legal deadline.

Financials

Financial year 2024

OCTARINE from Turnhout, company number BE0502290249, closed financial year 2024 with a result of € 34,715 after tax. For that financial year OCTARINE recorded a gross margin of € 117,054 and equity of € 186,182. Compared with financial year 2023, the result moved from € 25,820 to € 34,715. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 22, 2026.

What it is worth Growing

€ 186,182

▲ 23% vs 2023

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

Profit Growing

€ 34,715

▲ 34% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 10,650

▲ € 8,956 vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 167,582.

People and assets in 2024

Wage cost

€ 66,324

▲ 101% vs 2023

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

€ 1,877

▼ 69% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 85 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 316,856

▼ 5% vs 2023

€ 3,708 is repaid this year. At this pace the long-term loan is gone in ≈ 85 years.

Owed to suppliers

€ 44,520

▲ 237% vs 2023

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

Taxes and wages

€ 32,579

▲ 101% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 49,201 Gross margin 2021: € 49,201 First fiscal year in the series	€ 50,966 Gross margin 2022: € 50,966 ▲ 4% vs 2021 (€ 49,201) Favourable step	€ 82,515 Gross margin 2023: € 82,515 ▲ 62% vs 2022 (€ 50,966) Favourable step	€ 117,054 Gross margin 2024: € 117,054 ▲ 42% vs 2023 (€ 82,515) Favourable step	▲ 42%
Profit after taxes	€ -39,387 Profit after taxes 2021: € -39,387 First fiscal year in the series	€ -28,377 Profit after taxes 2022: € -28,377 ▲ € 11,011 vs 2021 (€ -39,387) Favourable step	€ 25,820 Profit after taxes 2023: € 25,820 ▲ € 54,197 vs 2022 (€ -28,377) Favourable step	€ 34,715 Profit after taxes 2024: € 34,715 ▲ 34% vs 2023 (€ 25,820) Favourable step	▲ 34%
Equity	€ 154,024 Equity 2021: € 154,024 First fiscal year in the series	€ 125,647 Equity 2022: € 125,647 ▼ 18% vs 2021 (€ 154,024) Unfavourable step	€ 151,467 Equity 2023: € 151,467 ▲ 21% vs 2022 (€ 125,647) Favourable step	€ 186,182 Equity 2024: € 186,182 ▲ 23% vs 2023 (€ 151,467) Favourable step	▲ 23%
Total debts	€ 625,841 Total debts 2021: € 625,841 First fiscal year in the series	€ 625,535 Total debts 2022: € 625,535 Unchanged (€ 625,841) Favourable step	€ 584,607 Total debts 2023: € 584,607 ▼ 7% vs 2022 (€ 625,535) Favourable step	€ 746,777 Total debts 2024: € 746,777 ▲ 28% vs 2023 (€ 584,607) Unfavourable step	▲ 28%
Cash	€ 4,840 Cash 2021: € 4,840 First fiscal year in the series	€ 2,924 Cash 2022: € 2,924 ▼ 40% vs 2021 (€ 4,840) Unfavourable step	€ 1,693 Cash 2023: € 1,693 ▼ 42% vs 2022 (€ 2,924) Unfavourable step	€ 10,650 Cash 2024: € 10,650 ▲ € 8,956 vs 2023 (€ 1,693) Favourable step	▲ € 8,956
Retained profit	€ 135,424 Retained profit 2021: € 135,424 First fiscal year in the series	€ 107,047 Retained profit 2022: € 107,047 ▼ 21% vs 2021 (€ 135,424) Unfavourable step	€ 132,867 Retained profit 2023: € 132,867 ▲ 24% vs 2022 (€ 107,047) Favourable step	€ 167,582 Retained profit 2024: € 167,582 ▲ 26% vs 2023 (€ 132,867) Favourable step	▲ 26%
Bank debt	€ 409,938 Bank debt 2021: € 409,938 First fiscal year in the series	€ 371,494 Bank debt 2022: € 371,494 ▼ 9% vs 2021 (€ 409,938) Favourable step	€ 332,964 Bank debt 2023: € 332,964 ▼ 10% vs 2022 (€ 371,494) Favourable step	€ 316,856 Bank debt 2024: € 316,856 ▼ 5% vs 2023 (€ 332,964) Favourable step	▼ 5%
Balance sheet total	€ 779,865 Balance sheet total 2021: € 779,865 First fiscal year in the series	€ 751,181 Balance sheet total 2022: € 751,181 ▼ 4% vs 2021 (€ 779,865) Unchanged	€ 736,074 Balance sheet total 2023: € 736,074 ▼ 2% vs 2022 (€ 751,181) Unchanged	€ 932,959 Balance sheet total 2024: € 932,959 ▲ 27% vs 2023 (€ 736,074) Unchanged	▲ 27%
Employees (FTE)	1 Employees (FTE) 2021: 1 First fiscal year in the series	1 Employees (FTE) 2022: 1 Unchanged (1) Unchanged	1.2 Employees (FTE) 2023: 1.2 ▲ 0.2 vs 2022 (1) Unchanged	-

Key figures of OCTARINE, 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 OCTARINE?

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

Mar 22, 2026 New annual accounts for financial year 2024: profit of € 34,715 (▲ 34% vs 2023). filed late Source: NBB ↗
Jan 9, 2013 New establishment in Turnhout. KBO
Jan 9, 2013 Start of the company according to the CBE. KBO

In short

From € 39,387 loss in 2021 to € 34,715 profit in 2024.

Paid € 2,003 in corporate taxes since 2021.

Best year ever: 2024, with € 34,715 profit.

On average € 68,800 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Goedendagstraat 7

2300 Turnhout

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

Details

Company number

0502.290.249

VAT number

BE 0502.290.249

Registered office

Goedendagstraat 7, 2300 Turnhout

Names & denominations

OCTARINE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 January 2013

Peppol

Active · Active since 5 Dec 2025

Activities · NACE

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View on CBE Public ↗ Annual accounts (NBB) ↗