Warning lights
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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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
OLAXI from Hannut, company number BE0677655559, closed financial year 2025 with a result of € 15,148 after tax. For that financial year OLAXI recorded a gross margin of € 264,012 and equity of € 167,853. Compared with financial year 2024, the result moved from € 14,566 to € 15,148. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 167,853
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,148
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 37,099
▲ 195% 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 € 157,853.
People and assets in 2025
€ 101,745
▲ 10% 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.
€ 70,195
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 8% vs 2024
€ 104,019 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 48,807
▲ € 42,300 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,083
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 179,078 | € 244,356 | € 246,861 | € 264,012 | ▲ 7% |
| Profit after taxes | € 18,256 | € 32,808 | € 14,566 | € 15,148 | ▲ 4% |
| Equity | € 105,332 | € 138,139 | € 152,705 | € 167,853 | ▲ 10% |
| Total debts | € 1,912,465 | € 2,179,192 | € 2,308,039 | € 2,293,749 | ▼ 1% |
| Cash | € 16,178 | € 2,534 | € 12,570 | € 37,099 | ▲ 195% |
| Land & buildings | € 1,041,856 | € 1,215,712 | € 1,369,227 | € 1,330,651 | ▼ 3% |
| Retained profit | € 95,332 | € 128,139 | € 142,705 | € 157,853 | ▲ 11% |
| Bank debt | € 1,027,608 | € 1,368,631 | € 1,409,059 | € 1,294,325 | ▼ 8% |
| Balance sheet total | € 2,017,797 | € 2,317,331 | € 2,460,745 | € 2,461,602 | |
| Employees (FTE) | 2 | - | - | - |
Key figures of OLAXI, 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 OLAXI?
What happened at OLAXI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,148 (▲ 4% vs 2024). Source: NBB ↗
- New establishment in Jodoigne. KBO
- Start of the company according to the CBE. KBO
- MAXIME PULINCKX became a director. NBB
- OLIVIER PULINCKX became a director. NBB
In short
From € 18,256 profit in 2022 to € 15,148 profit in 2025.
Paid € 32,015 in corporate taxes since 2022.
Best year ever: 2023, with € 32,808 profit.
On average € 89,500 of value added per employee in 2022.
Management
Behind OLAXI are MAXIME PULINCKX and OLIVIER PULINCKX. It owns 100% of GREEN MACHINE itself.
Directors
According to the 2025 annual accounts
MAXIME PULINCKX
Administrator-manager
since 2017
OLIVIER PULINCKX
Administrator-manager
since 2017
Establishments
Establishment units
Physical locations of this company
Rue de Landen 143E
4280 Hannut
Chaussée de Tirlemont(Z.-L.) 581
1370 Jodoigne
Active since 28 June 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.655.559
- VAT number
- BE 0677.655.559
- Registered office
- Rue de Landen 143E, 4280 Hannut
- Names & denominations
- OLAXI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2017
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
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