ACTIVE

OLSTE

Export PDF
Financial year 2025 · closed on 30/09/2025
Net result
7,6 M €
+142.9% YoY
Revenue
13,7 M €
+28.0% YoY
Equity
42,8 M €
+14.9% YoY
Workforce
3,1 ETP
+10.7% YoY

What does OLSTE do?

OLSTE is a Public limited company incorporated in 1995. Its main activity is: Development of building projects. Its registered office is in Knokke-Heist. It employs on average 3,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0455.061.840
Incorporation
14/04/1995
Legal form
Public limited company
Registered office
Natiënlaan 265 box 21
8300 Knokke-Heist · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
30/09/2025
Average workforce
3,1 ETP
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate68321Management of real estate on a fee or contract basis68321Management of real estate on a fee or contract basis70111Activities of head offices41101Development of building projects+1
Joint committees (2)
  • 100
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201420132012201120102009200820072006
Income statement
Revenue13,7 M €10,7 M €4 M €3 M €3,7 M €3,3 M €7,4 M €2,3 M €4,6 M €––––––––––
EBITDA6,1 M €3 M €720,8 k €188,1 k €928 k €532,9 k €3 M €427 k €1,1 M €1,8 M €1,3 M €449,3 k €728,8 k €1,9 M €-491 k €2,6 M €3,7 M €2,6 M €1,4 M €
Operating result5,9 M €2,9 M €529,4 k €-5,6 k €764,5 k €389,3 k €2,9 M €330,4 k €1 M €1,7 M €1,3 M €419,8 k €652,7 k €1,8 M €-567,7 k €3,5 M €3,6 M €2,6 M €190 k €
Net result7,6 M €3,1 M €4,2 M €5,8 M €2,7 M €3,9 M €6,5 M €47,6 k €1 M €884,3 k €601,8 k €1,5 M €278,9 k €1,3 M €-999,8 k €7,1 M €2 M €1,6 M €-104,9 k €
Balance sheet
Equity42,8 M €37,2 M €35,6 M €31,4 M €33,8 M €31,8 M €30,3 M €26,5 M €20,2 M €27,4 M €26,8 M €23,2 M €19 M €17 M €16,9 M €17,9 M €10,8 M €8,9 M €5,6 M €
Total assets61,4 M €53,3 M €59,3 M €56,7 M €63,9 M €59,6 M €59,6 M €59,6 M €42,5 M €37,8 M €42,9 M €40,6 M €24,3 M €26,6 M €25,5 M €32,2 M €26,9 M €21,5 M €19,3 M €
Cash136,5 k €5,7 k €76,8 k €133 k €23,2 k €646,3 k €4,6 k €810,8 €31 k €71,6 k €97,6 k €58,1 k €21,9 k €66,8 k €309,1 k €297,7 k €46,5 k €–152,7 €
Debts18,6 M €16,1 M €23,7 M €25,3 M €30,1 M €27,8 M €29 M €32,8 M €22,2 M €10,3 M €16,1 M €17,3 M €5,3 M €9,6 M €8,6 M €14,3 M €16 M €12,6 M €13,8 M €
Other
Workforce3,1 ETP2,8 ETP3,8 ETP4,3 ETP4,2 ETP3,0 ETP2,7 ETP2,0 ETP1,4 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 31 ended

Active mandates

DV PROJECTS

Managing director · since 13 février 2025 · until 13 février 2031 · 0476.004.635

Represented by Bart De Vlieger

Active
P.G.V.C.

Managing director · since 13 février 2025 · until 13 février 2031 · 0846.528.797

Represented by Alexis De Groote

Active
SAKOLAKI

Director · since 13 février 2025 · until 13 février 2031 · 0448.192.656

Represented by Jan Ollevier

Active

Ended mandates

P.G.V.C.

Managing director · since 31 août 2022 · until 13 février 2025 · 0846.528.797

Represented by Alexis De Groote

Ended
P.G.V.C.

Managing director · since 31 août 2022 · until 10 février 2028 · 0846.528.797

Represented by Alexis De Groote

Ended
DRIES BOSSUYT

Director · since 10 décembre 2021 · until 13 février 2025 · 0833.746.672

Represented by Dries Bossuyt

Ended
Bossuyt Dries NV

Director · since 12 avril 2021 · until 10 décembre 2021 · 0471.325.473

Represented by Dries Bossuyt

Ended
At this address

Other companies at this address

CompanyCBE no.
ARC EN CIEL BOUW● Active
0663.870.374
AUTEUIL GRO● Active
0700.456.695
BAHIA OUEST● Active
0547.694.662
BAHIA OUEST BOUW● Active
0547.697.434
Belgium Land & Property● Active
0727.575.917
CACTUSINVEST● Active
0833.884.155
D.A.G.G. Service & Invest● Active
0460.137.613
DUINBERGEN BOUW● Active
0782.590.852
DUINBERGEN GRO● Active
0771.863.939
DUINRUST BOUW● Active
0547.806.312
FERONIA BOUW● Active
0740.451.280
FERONIA GRO● Active
0547.805.817
FURNITURE OFFICES● Active
0750.828.401
MANDERLEY CONSTRUCT● Active
0553.708.068
MAVIMER CONSTRUCT● Active
1029.459.812
MAVIMER INVEST● Active
1015.575.845
NEPTUNE GRO● Active
0699.801.352
Pax Bouw● Active
0644.707.827
REGIMERAUDE BOUW● Active
0886.723.817
REGIMERAUDE GRO● Active
0663.869.780
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/03/202625/03/202514/03/202410/03/202320/10/202214/04/2021
General meeting12/02/202613/02/202508/02/202409/02/202331/03/202229/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202512/02/202609/03/2026DutchPDF
Full model30/09/202413/02/202525/03/2025DutchPDF
Full model30/09/202308/02/202414/03/2024DutchPDF
Full model30/09/202209/02/202310/03/2023DutchPDF
Full modelCorrection30/09/202131/03/202220/10/2022DutchPDF
Full modelCorrection30/09/202131/03/202206/10/2022DutchPDF
Full model30/09/202131/03/202205/05/2022DutchPDF
Full model30/09/202029/03/202114/04/2021DutchPDF
Full model30/09/201914/02/202031/03/2020DutchPDF
Full model30/09/201808/02/201905/03/2019DutchPDF
Full model30/09/201709/02/201805/03/2018DutchPDF
Abridged model30/09/201610/02/201709/03/2017DutchPDF
Abridged model31/12/201404/05/201515/06/2015DutchPDF
Abridged model31/12/201305/05/201409/07/2014DutchPDF
Abridged model31/12/201206/05/201310/06/2013DutchPDF
Abridged model31/12/201107/05/201205/06/2012DutchPDF
Abridged model31/12/201002/05/201126/05/2011DutchPDF
Abridged model31/12/200903/05/201028/06/2010DutchPDF
Abridged model31/12/200804/05/200903/07/2009DutchPDF
Abridged model31/12/200706/05/200816/06/2008DutchPDF
Abridged model31/12/200601/05/200730/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 31 ended

Active mandates

DV PROJECTS

Managing director · since 13 février 2025 · until 13 février 2031 · 0476.004.635

Represented by Bart De Vlieger

Active
P.G.V.C.

Managing director · since 13 février 2025 · until 13 février 2031 · 0846.528.797

Represented by Alexis De Groote

Active
SAKOLAKI

Director · since 13 février 2025 · until 13 février 2031 · 0448.192.656

Represented by Jan Ollevier

Active

Ended mandates

P.G.V.C.

Managing director · since 31 août 2022 · until 13 février 2025 · 0846.528.797

Represented by Alexis De Groote

Ended
P.G.V.C.

Managing director · since 31 août 2022 · until 10 février 2028 · 0846.528.797

Represented by Alexis De Groote

Ended
DRIES BOSSUYT

Director · since 10 décembre 2021 · until 13 février 2025 · 0833.746.672

Represented by Dries Bossuyt

Ended
Bossuyt Dries NV

Director · since 12 avril 2021 · until 10 décembre 2021 · 0471.325.473

Represented by Dries Bossuyt

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/09/2021
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20257,6 M €↑
  2. 22/04/2025
    reconductionKevin Defauw — commissaris
  3. 13/02/2025
    nominationAlexis De Groote — gedelegeerd bestuurder
  4. 13/02/2025
    nominationBart De Vlieger — gedelegeerd bestuurder
  5. 13/02/2025
    reconductionNV Sakolaki — bestuurder
  6. 13/02/2025
    reconductionBV DV Projects — bestuurder
  7. 13/02/2025
    reconductionBV P.G.V.C. — bestuurder
  8. 15/10/2024
    nominationP.G.V.C. — bestuurder
  9. 2024
    Annual accounts 20243,1 M €↓
  10. 2023
    Annual accounts 20234,2 M €↓
  11. 2022
    Annual accounts 20225,8 M €↑
  12. 31/08/2022
    nominationAlexis De Groote — gedelegeerd bestuurder
  13. 2021
    Annual accounts 20212,7 M €↓
  14. 2020
    Annual accounts 20203,9 M €↓
  15. 2019
    Annual accounts 20196,5 M €↑
  16. 2018
    Annual accounts 201847,6 k €↓
  17. 2017
    Annual accounts 20171 M €↑
  18. 2016
    Annual accounts 2016884,3 k €↑
  19. 2014
    Annual accounts 2014601,8 k €↓
  20. 2013
    Annual accounts 20131,5 M €↑
  21. 2012
    Annual accounts 2012278,9 k €↓
  22. 2011
    Annual accounts 20111,3 M €↑
  23. 2010
    Annual accounts 2010-999,8 k €↓
  24. 2009
    Annual accounts 20097,1 M €↑
  25. 2008
    Annual accounts 20082 M €↑
  26. 2007
    Annual accounts 20071,6 M €↑
  27. 2006
    Annual accounts 2006-104,9 k €
  28. 14/04/1995
    IncorporationPublic limited company