ACTIVE

Oleander

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Financial year 2025 · closed on 31/12/2025
Net result
5,1 k €
-96.3% YoY
Revenue
235,1 k €
-66.4% YoY
Equity
787,6 k €
+0.6% YoY

What does Oleander do?

Oleander is a Public limited company incorporated in 2013. Its main activity is: Development of building projects. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0526.893.211
Incorporation
18/04/2013
Legal form
Public limited company
Registered office
Poortakkerstraat 94
9051 Gent · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41102Development of building projects68100Buying and selling of own real estate68110Buying and selling of own real estate68122Buying and selling of own real estate
Signals
ProfitableSolid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Revenue235,1 k €699,1 k €1,1 M €8,7 M €6 M €3,6 M €2,4 M €11,7 M €10,1 M €2,8 M €63,9 k €1,6 M €–
EBITDA-112,9 k €108 k €388 k €683 k €644,9 k €1 M €376,8 k €1,6 M €2,1 M €1,7 M €-48,6 k €-38,5 k €-5,4 k €
Operating result-21,3 k €114,5 k €497,5 k €905,8 k €1,4 M €1 M €405,8 k €889 k €2,1 M €1,2 M €-49,3 k €-40,2 k €-5,4 k €
Net result5,1 k €137,5 k €449 k €667,9 k €1 M €754,7 k €276,8 k €605 k €1,4 M €790,7 k €-47,9 k €-40,5 k €-7,8 k €
Balance sheet
Equity787,6 k €782,5 k €1,9 M €3,4 M €4,8 M €3,8 M €3 M €2,7 M €2,1 M €756,4 k €-34,2 k €13,7 k €54,2 k €
Total assets1,2 M €2,6 M €4,8 M €7,5 M €10,4 M €7,1 M €6,2 M €8,4 M €8,3 M €7 M €4,3 M €3,5 M €287,7 k €
Cash309,9 k €199,6 k €605,9 k €3,7 M €621 k €1,4 M €57,4 k €467,7 k €1,3 M €1,1 M €231,7 k €164,1 k €24,3 k €
Debts450,5 k €1,8 M €2,9 M €4,1 M €5,6 M €3,3 M €3,2 M €5,7 M €6,2 M €6,2 M €4,4 M €3,4 M €233,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 20 ended

Active mandates

MASITI

Managing director · since 28 mai 2025 · until 26 mai 2027 · 0479.826.039

Represented by Lode Waes

Active
Matthias HOORNAERT

Managing director · since 28 mai 2025 · until 26 mai 2027

Active
Robert HOORNAERT

Director · since 28 mai 2025 · until 26 mai 2027

Active

Ended mandates

MASITI

Director · since 29 mai 2019 · until 28 mai 2025 · 0479.826.039

Represented by Lode Waes

Ended
MASITI

Director · since 29 mai 2019 · until 21 mai 2025 · 0479.826.039

Represented by Lode Waes

Ended
MASITI

Managing director · since 29 mai 2019 · until 28 mai 2025 · 0479.826.039

Represented by Lode Waes

Ended
MASITI

Director · since 29 mai 2019 · until 21 mai 2025 · 0479.826.039

Represented by Lode Waes

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202601/07/202517/06/202419/06/202315/06/202214/06/2021
General meeting27/05/202628/05/202529/05/202424/05/202318/05/202219/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/05/202607/07/2026DutchPDF
Full model31/12/202428/05/202501/07/2025DutchPDF
Full model31/12/202329/05/202417/06/2024DutchPDF
Full model31/12/202224/05/202319/06/2023DutchPDF
Full model31/12/202118/05/202215/06/2022DutchPDF
Full model31/12/202019/05/202114/06/2021DutchPDF
Full model31/12/201920/05/202026/06/2020DutchPDF
Full model31/12/201829/05/201919/06/2019DutchPDF
Full model31/12/201723/05/201820/06/2018DutchPDF
Full model31/12/201617/05/201728/06/2017DutchPDF
Full model31/12/201525/05/201624/06/2016DutchPDF
Full model31/12/201427/05/201529/06/2015DutchPDF
Full model31/12/201328/05/201410/07/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 3 active · 20 ended

Active mandates

MASITI

Managing director · since 28 mai 2025 · until 26 mai 2027 · 0479.826.039

Represented by Lode Waes

Active
Matthias HOORNAERT

Managing director · since 28 mai 2025 · until 26 mai 2027

Active
Robert HOORNAERT

Director · since 28 mai 2025 · until 26 mai 2027

Active

Ended mandates

MASITI

Director · since 29 mai 2019 · until 28 mai 2025 · 0479.826.039

Represented by Lode Waes

Ended
MASITI

Director · since 29 mai 2019 · until 21 mai 2025 · 0479.826.039

Represented by Lode Waes

Ended
MASITI

Managing director · since 29 mai 2019 · until 28 mai 2025 · 0479.826.039

Represented by Lode Waes

Ended
MASITI

Director · since 29 mai 2019 · until 21 mai 2025 · 0479.826.039

Represented by Lode Waes

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2019
    ONTSLAGEN - BENOEMINGEN
    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 20255,1 k €↓
  2. 2024
    Annual accounts 2024137,5 k €↓
  3. 2023
    Annual accounts 2023449 k €↓
  4. 2022
    Annual accounts 2022667,9 k €↓
  5. 2021
    Annual accounts 20211 M €↑
  6. 2020
    Annual accounts 2020754,7 k €↑
  7. 2019
    Annual accounts 2019276,8 k €↓
  8. 2018
    Annual accounts 2018605 k €↓
  9. 2017
    Annual accounts 20171,4 M €↑
  10. 2016
    Annual accounts 2016790,7 k €↑
  11. 2015
    Annual accounts 2015-47,9 k €↓
  12. 2014
    Annual accounts 2014-40,5 k €↓
  13. 2013
    Annual accounts 2013-7,8 k €
  14. 18/04/2013
    IncorporationPublic limited company