OLAY is a supermarket in Gent. Private Limited, started on 13 February 2006, 1 establishment.

What is the address of OLAY?

The registered office of OLAY is located at Dendermondsesteenweg 399, 9040 Gent.

Is OLAY still active?

Yes. According to the CBE (2 November 2026) OLAY is active, legal situation “Normale toestand”, started on 13 February 2006.

Is OLAY registered on Peppol?

Yes, OLAY is registered on the Peppol network with ID 0208:0879455448.

What is the enterprise number of OLAY?

The enterprise number of OLAY is BE0879455448.

When was OLAY founded?

OLAY was founded on 13 February 2006.

Who are the directors of OLAY?

According to the 2025 annual accounts, the directors of OLAY are: Yusuf Kahya.

Is OLAY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 February 2006; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did OLAY make in 2025?

OLAY posted a profit after taxes of € 60,596 in financial year 2025.

What is the revenue of OLAY?

As a small company, OLAY is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 151,591.

OLAY (Private Limited) - Gent - BE0879455448

Dossier OLAY, printed on 3 November 2026 from databakkes.be/en/0879455448/olay. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

OLAY from Gent, company number BE0879455448, closed financial year 2025 with a result of € 60,596 after tax. For that financial year OLAY recorded a gross margin of € 151,591 and equity of € 192,298. Compared with financial year 2024, the result moved from € 43,221 to € 60,596. Profitable, and profit is growing. 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 April 28, 2026.

What it is worth Growing

€ 192,298

▲ 2% vs 2024

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

Profit Growing

€ 60,596

▲ 40% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 79,153

▲ 40% vs 2024

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

Where the profit goes Pays out

€ 56,136 paid out

93 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 37,951

▲ 45% 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.

Vehicles and equipment

€ 46,640

▲ 86% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 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.

€ 50,160

▲ 247% vs 2024

€ 13,518 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 45,596

▲ 201% vs 2024

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

Taxes and wages

€ 16,032

▲ 51% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 66,728 Gross margin 2022: € 66,728 First fiscal year in the series	€ 76,842 Gross margin 2023: € 76,842 ▲ 15% vs 2022 (€ 66,728) Favourable step	€ 113,449 Gross margin 2024: € 113,449 ▲ 48% vs 2023 (€ 76,842) Favourable step	€ 151,591 Gross margin 2025: € 151,591 ▲ 34% vs 2024 (€ 113,449) Favourable step	▲ 34%
Profit after taxes	€ 3,407 Profit after taxes 2022: € 3,407 First fiscal year in the series	€ 20,844 Profit after taxes 2023: € 20,844 ▲ € 17,437 vs 2022 (€ 3,407) Favourable step	€ 43,221 Profit after taxes 2024: € 43,221 ▲ 107% vs 2023 (€ 20,844) Favourable step	€ 60,596 Profit after taxes 2025: € 60,596 ▲ 40% vs 2024 (€ 43,221) Favourable step	▲ 40%
Equity	€ 123,773 Equity 2022: € 123,773 First fiscal year in the series	€ 144,617 Equity 2023: € 144,617 ▲ 17% vs 2022 (€ 123,773) Favourable step	€ 187,838 Equity 2024: € 187,838 ▲ 30% vs 2023 (€ 144,617) Favourable step	€ 192,298 Equity 2025: € 192,298 ▲ 2% vs 2024 (€ 187,838) Favourable step	▲ 2%
Total debts	€ 145,576 Total debts 2022: € 145,576 First fiscal year in the series	€ 116,815 Total debts 2023: € 116,815 ▼ 20% vs 2022 (€ 145,576) Favourable step	€ 90,639 Total debts 2024: € 90,639 ▼ 22% vs 2023 (€ 116,815) Favourable step	€ 113,570 Total debts 2025: € 113,570 ▲ 25% vs 2024 (€ 90,639) Unfavourable step	▲ 25%
Cash	€ 23,145 Cash 2022: € 23,145 First fiscal year in the series	€ 30,917 Cash 2023: € 30,917 ▲ 34% vs 2022 (€ 23,145) Favourable step	€ 56,726 Cash 2024: € 56,726 ▲ 83% vs 2023 (€ 30,917) Favourable step	€ 79,153 Cash 2025: € 79,153 ▲ 40% vs 2024 (€ 56,726) Favourable step	▲ 40%
Land & buildings	€ 7,467 Land & buildings 2022: € 7,467 First fiscal year in the series	€ 9,795 Land & buildings 2023: € 9,795 ▲ 31% vs 2022 (€ 7,467) Unchanged	€ 8,208 Land & buildings 2024: € 8,208 ▼ 16% vs 2023 (€ 9,795) Unchanged	€ 14,330 Land & buildings 2025: € 14,330 ▲ 75% vs 2024 (€ 8,208) Unchanged	▲ 75%
Retained profit	€ 117,573 Retained profit 2022: € 117,573 First fiscal year in the series	€ 138,417 Retained profit 2023: € 138,417 ▲ 18% vs 2022 (€ 117,573) Favourable step	€ 181,638 Retained profit 2024: € 181,638 ▲ 31% vs 2023 (€ 138,417) Favourable step	€ 186,098 Retained profit 2025: € 186,098 ▲ 2% vs 2024 (€ 181,638) Favourable step	▲ 2%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 56,136 Dividend 2025: € 56,136 Unchanged (€ 0) Unchanged
Bank debt	€ 34,485 Bank debt 2022: € 34,485 First fiscal year in the series	€ 24,536 Bank debt 2023: € 24,536 ▼ 29% vs 2022 (€ 34,485) Favourable step	€ 14,468 Bank debt 2024: € 14,468 ▼ 41% vs 2023 (€ 24,536) Favourable step	€ 50,160 Bank debt 2025: € 50,160 ▲ 247% vs 2024 (€ 14,468) Unfavourable step	▲ 247%
Balance sheet total	€ 269,348 Balance sheet total 2022: € 269,348 First fiscal year in the series	€ 261,432 Balance sheet total 2023: € 261,432 ▼ 3% vs 2022 (€ 269,348) Unchanged	€ 278,476 Balance sheet total 2024: € 278,476 ▲ 7% vs 2023 (€ 261,432) Unchanged	€ 305,867 Balance sheet total 2025: € 305,867 ▲ 10% vs 2024 (€ 278,476) Unchanged	▲ 10%

Key figures of OLAY, 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 April 2027.

What happened to OLAY?

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

Apr 28, 2026 New annual accounts for financial year 2025: profit of € 60,596 (▲ 40% vs 2024). Source: NBB ↗
Mar 1, 2006 Incorporation, published in the Gazette. Source: Staatsblad ↗
Mar 1, 2006 New establishment in Gent. KBO
2006 Yusuf Kahya became a director. NBB

In short

From € 3,407 profit in 2022 to € 60,596 profit in 2025.

Paid € 55,386 in corporate taxes since 2022.

Best year ever: 2025, with € 60,596 profit.

Paid out € 56,136 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Yusuf Kahya

OLAY

Behind OLAY is Yusuf Kahya.

Directors

According to the 2025 annual accounts

Yusuf Kahya

Director

since 2006

Establishments

Establishment units

Physical locations of this company

Registered office

Dendermondsesteenweg 399

9040 Gent

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

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

1 March 2006 Source: Deed ↗

KAHYA Yusuf(oprichter) 50%
KAHYA Erbil(oprichter) 50%

Details

Company number

0879.455.448

VAT number

BE 0879.455.448

Registered office

Dendermondsesteenweg 399, 9040 Gent

Names & denominations

OLAY

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 February 2006

Peppol

Active · Active since 8 Dec 2025

Activities · NACE

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

View on CBE Public ↗ Annual accounts (NBB) ↗

OLAY

Financials

What happened to OLAY?

Management

Directors

Establishments

Establishment units

Shareholders according to the Official Gazette deeds

Details

Frequently asked questions