ACTIVE

OLSTE

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Financial year 2025 · Closed on 30/09/2025

Net result7,6 M €+142,9 %over 1 year
Revenue13,7 M €+28,0 %over 1 year
Equity42,8 M €+14,9 %over 1 year
Workforce3,1 ETP+10,7 %over 1 year

Identity

Source · BCE/KBO

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
Joint committees (2)
  • 100
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue13,7 M €10,7 M €4 M €3 M €3,7 M €
EBITDA6,1 M €3 M €720,8 k €188,1 k €928 k €
Operating result5,9 M €2,9 M €529,4 k €-5,6 k €764,5 k €
Net result7,6 M €3,1 M €4,2 M €5,8 M €2,7 M €
Balance sheet
Equity42,8 M €37,2 M €35,6 M €31,4 M €33,8 M €
Total assets61,4 M €53,3 M €59,3 M €56,7 M €63,9 M €
Cash136,5 k €5,7 k €76,8 k €133 k €23,2 k €
Debts18,6 M €16,1 M €23,7 M €25,3 M €30,1 M €
Other
Workforce3,1 ETP2,8 ETP3,8 ETP4,3 ETP4,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DV PROJECTS0476.004.635Represented by Bart De Vlieger
Managing director06/05/2013 → 13/02/2031
P.G.V.C.0846.528.797Represented by Alexis De Groote
Managing director31/08/2022 → 13/02/2031
SAKOLAKI0448.192.656Represented by Jan Ollevier
Director06/05/2013 → 13/02/2031Managing director20/04/2020 → 2021 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DRIES BOSSUYT0833.746.672Represented by Dries Bossuyt
Director12/04/2021 → 2021 accounts
Bossuyt Dries NV0471.325.473Represented by Dries Bossuyt
Director12/04/2021 → 2021 accounts

Other companies at this address

Natiënlaan 265 8300 Knokke-Heist
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

Full financial information

Source · NBB
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
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

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.

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DV PROJECTS0476.004.635Represented by Bart De Vlieger
Managing director06/05/2013 → 13/02/2031
P.G.V.C.0846.528.797Represented by Alexis De Groote
Managing director31/08/2022 → 13/02/2031
SAKOLAKI0448.192.656Represented by Jan Ollevier
Director06/05/2013 → 13/02/2031Managing director20/04/2020 → 2021 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DRIES BOSSUYT0833.746.672Represented by Dries Bossuyt
Director12/04/2021 → 2021 accounts
Bossuyt Dries NV0471.325.473Represented by Dries Bossuyt
Director12/04/2021 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
SAKOLAKI
DV PROJECTS
P.G.V.C.
DRIES BOSSUYT
Bossuyt Dries NV
MIRRE
TRADESCO
OLSTE
Jan Ollevier
Jan Ollevier (tot AV 2013)
Jan (tot AV 2013) Ollevier
1995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
OLSTE
Natiënlaan 265 bte 21, 8300 Knokke-Heist
DirectorManaging director
Managing director
Managing director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Natiënlaan 265 bte 21, 8300 Knokke-HeistCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00053397

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
OLSTECurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00053397

Events

  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