Financials
Financial year 2025
OLAB from Sint-Lievens-Houtem, company number BE0654754057, closed financial year 2025 with a result of € 125,148 after tax. For that financial year OLAB recorded a gross margin of € 500,341 and equity of € 286,563. Compared with financial year 2024, the result moved from € 329,844 to € 125,148. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 5, 2026.
€ 286,563
▲ 78% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 125,148
▼ 62% vs 2024
Profit after tax over the fiscal year.
€ 442,364
▼ 19% 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 € 261,563.
People and assets in 2025
€ 108,551
▲ 6% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24,087
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 687,834
▼ 8% vs 2024
€ 63,334 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 280,818
▲ 165% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 94,316
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 280,158 | € 489,270 | € 721,046 | € 500,341 | ▼ 31% |
| Profit after taxes | € 46,176 | € 182,390 | € 329,844 | € 125,148 | ▼ 62% |
| Equity | € 171,641 | € 174,031 | € 161,415 | € 286,563 | ▲ 78% |
| Total debts | € 1,060,886 | € 1,151,697 | € 1,403,779 | € 1,474,350 | ▲ 5% |
| Cash | € 105,424 | € 330,433 | € 546,696 | € 442,364 | ▼ 19% |
| Land & buildings | € 881,559 | € 821,441 | € 740,353 | € 732,571 | ▼ 1% |
| Retained profit | € 146,641 | € 149,031 | € 136,415 | € 261,563 | ▲ 92% |
| Dividend | € 95,770 | € 180,000 | € 342,460 | € 0 | ▼ 100% |
| Bank debt | € 874,751 | € 848,467 | € 750,962 | € 687,834 | ▼ 8% |
| Balance sheet total | € 1,232,527 | € 1,325,728 | € 1,565,193 | € 1,760,913 | ▲ 13% |
Key figures of OLAB, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to OLAB?
What happened at OLAB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 125,148 (▼ 62% vs 2024). Source: NBB ↗
- New establishment in Sint-Lievens-Houtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,176 profit in 2022 to € 125,148 profit in 2025.
Paid € 268,619 in corporate taxes since 2022.
Best year ever: 2024, with € 329,844 profit.
Paid out € 618,229 in dividends to the owners in total.
Management
Behind OLAB is Simon De Smet.
Directors
According to the 2025 annual accounts
Simon De Smet
Director
Establishments
Establishment units
Physical locations of this company
Hoogbavegemstraat 26
9520 Sint-Lievens-Houtem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0654.754.057
- VAT number
- BE 0654.754.057
- Registered office
- Hoogbavegemstraat 26, 9520 Sint-Lievens-Houtem
- Names & denominations
- OLAB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 2016
- Peppol
- Active · Active since 16 Mar 2026
- Contact
- olab.be
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