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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Oleander from Gent, company number BE0526893211, closed financial year 2025 with a result of € 5,067 after tax. For that financial year Oleander recorded revenue of € 235,110 and equity of € 787,554. Compared with financial year 2024, the result moved from € 137,473 to € 5,067. 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 July 7, 2026.
€ 787,554
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,067
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 309,900
▲ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 725,554.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 429,307
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1044 days on average.
€ 21,236
▲ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,652,760 | € 1,100,437 | € 699,130 | € 235,110 | ▼ 66% |
| Profit after taxes | € 667,914 | € 448,964 | € 137,473 | € 5,067 | ▼ 96% |
| Equity | € 3,446,049 | € 1,895,013 | € 782,487 | € 787,554 | ▲ 1% |
| Total debts | € 4,087,073 | € 2,866,105 | € 1,812,741 | € 450,543 | ▼ 75% |
| Cash | € 3,701,693 | € 605,887 | € 199,626 | € 309,900 | ▲ 55% |
| Retained profit | € 3,384,049 | € 1,833,013 | € 720,487 | € 725,554 | ▲ 1% |
| Dividend | € 2,000,000 | € 2,000,000 | € 1,250,000 | € 0 | ▼ 100% |
| Balance sheet total | € 7,533,122 | € 4,761,118 | € 2,595,228 | € 1,238,096 | ▼ 52% |
Key figures of Oleander, 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 Oleander?
What happened at Oleander in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MASITI BV stepped down as director. NBB
- Robert HOORNAERT stepped down as director. NBB
- Matthias HOORNAERT stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5,067 (▼ 96% vs 2024). Source: NBB ↗
- MASITI BV became a director. NBB
- Robert HOORNAERT became a director. NBB
- Matthias HOORNAERT became a director. NBB
- New establishment in Gent. KBO
In short
From € 667,914 profit in 2022 to € 5,067 profit in 2025.
Paid € 422,168 in corporate taxes since 2022.
Best year ever: 2022, with € 667,914 profit.
Paid out € 5.3 million in dividends to the owners in total.
Management
The stake of CAAAP, ARTES GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OleanderThe shares are held by CAAAP (99%) and ARTES GROUP (0.7%).
Directors
According to the 2025 annual accounts
Managing director · represented by Lode Waes
Also active at: CAAAP, Artes Terra, SCHIPPERSKAAI DEVELOPMENT, KASTEEL WISSELBEKE, SCHIPPERSKAAI LAND, WISSELKOUTER, ARTES RENO, INFRA RON +3 more
since 2025 · until 2027
Robert HOORNAERT
Director
Also active at: AELTERMAN, Artes Roegiers, ARTES GROUP, BEDRIJVENCENTRUM REGIO BRUGGE, Artes Uptech, GROUP Depré, Artes TWT, CAAAP +12 more
since 2025 · until 2027
Matthias HOORNAERT
Managing director
Also active at: Artes Depret, AELTERMAN, Artes Roegiers, ARTES GROUP, Artes Woudenberg, Artes Uptech, CAAAP, Artes Terra +7 more
since 2025 · until 2027
Shareholders
99%
0.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Poortakkerstraat 94
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →CAAAP same network
€ 52.4 million revenue · 2025
SCHIPPERSKAAI DEVELOPMENT same network
€ 16.1 million revenue · 2025
DuCoop
€ 480,605 gross margin · 2025
SCHIPPERSKAAI LAND same network
€ 340,850 revenue · 2025
THV TRAGEL 8
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0526.893.211
- VAT number
- BE 0526.893.211
- Registered office
- Poortakkerstraat 94, 9051 Gent
- Names & denominations
- Oleander
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2013
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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