Equity
€3.1m ▲ 0.6%
ORBIX REFRACTORIES has made a profit in every financial year since 2006.
ORBIX REFRACTORIES
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €1.8m (2006)
€555,162▲ 386%
peak €845,907 (2006)
€18,374▼ 74.1%
peak €3.1m (2025)
€3.1m▲ 0.6%
€328,820▲ 12×
Board5 names since 2016
2 directorsCelis Serge and 1 other
Owners2 names in the annual accounts
99.98%INVEST COMPANY GENK
Documentsfilings and deeds
21-05-202671 days before the deadline
2025micro format
Gross margin from €114,277 to €555,162Result from €70,967 to €18,374Debts from €28,323 to €328,8202 establishments registered
Key points
from the 2025 annual accountsResult
€18,374 ▼ 74.1%
The result fell in 2025 from €70,967 to €18,374.
Position in the sector
€3.1m
More equity than 95% of companies in wholesale trade. Sector median €56,439 · 13,835 companies.
Checked score
95
Excellent
Financially stronger than 63% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 10.53, cash €3.1m
Size: total assets €3.5m
Founded in 1987
Equity €3.1m (90.5% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 92% of them on solvency, 99% on liquidity, 24% on profitability and 37% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as ORBIX REFRACTORIES has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ORBIX REFRACTORIES itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for ORBIX REFRACTORIES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €290,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 10.53, above the usual 1.5. Short-term debt is 9.5% and cash 89.7% of total assets. 9.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 days early
2024
35 days early
2023
36 days early
2022
32 days early
2021
30 days late
2020
23 days late
2019
21 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- INVEST COMPANY GENK 99.98%equity €1.8m (2025) · 2025 annual accounts of INVEST COMPANY GENK
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0432936536
2 establishments registered
Genk
Reappointments: Celis Serge (managing director) and Vanschoonbeek Daniël (managing director)
General meeting of 02-05-2022 · Gazette deed
2 directors appointed, 1 resignation
Resignation: Orbix · Permanent representative: Vanschoonbeek Daniël · Appointments: Van Hove Michèle and Fleurquin Isabelle · General meeting of 04-05-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ORBIX REFRACTORIES Genk | €3.5m | €555,162 | 90.5% | - |
| DE PIKKE INDUSTRIE Zele | €2.5m | €549,475 | 28.8% | 11.6 |
| Lavanco Deerlijk | €4.6m | €614,225 | 45.2% | - |
| B.S.O. Rumst | €2.5m | €468,838 | 31.0% | - |
| FLAX BELGIUM Waregem | €2.6m | €379,047 | 79.1% | 2.5 |
| VATEX Wevelgem | €3.8m | €378,348 | 46.0% | 0 |
| MINERALS TECHNOLOGIES EUROPE Braine-l'Alleud | €3.0m | €617,908 | 46.1% | 6 |
These companies have the same main activity as ORBIX REFRACTORIES: wholesale trade (NACE 46869). They are comparable in size and age: total assets between €2.5m and €4.6m, founded between 1982 and 1994.
Official details
Source: KBO- Status
- Active since 22-12-1987Normal situation
- Activity
- Wholesale tradeNACE 46869and 1 other
- Establishment units
- 2.376.281.2543600 Genk, since 01-01-2025
- 2.376.282.0463600 Genk, since 01-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Annual accounts 2025
- ≈ €2.8mestimated
- €3.5m▲ 10.1%
- Filing
- Filed on 21-05-2026, 71 days before the end of the filing period
Insights on ORBIX REFRACTORIES
ORBIX REFRACTORIES files the micro format. That format states no turnover. The gross margin fell from €1.8m in 2006 to €555,162 in 2025.
INVEST COMPANY GENK holds all the shares. In February 2023, the Official Gazette published the appointment of Celis Serge as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ORBIX REFRACTORIES
- What is the company number of ORBIX REFRACTORIES?
- The company number of ORBIX REFRACTORIES is 0432.936.536. The VAT number is the same number with BE in front: BE 0432.936.536.
- Where is ORBIX REFRACTORIES based?
- The registered office is at Henry Fordlaan 84, 3600 Genk.Company details
- What does ORBIX REFRACTORIES do?
- According to the KBO register, the main activity is wholesale trade (NACE 46869).
- What is the legal form of ORBIX REFRACTORIES?
- ORBIX REFRACTORIES is a public limited company (NV).
- When was ORBIX REFRACTORIES founded?
- ORBIX REFRACTORIES was founded on 22-12-1987.
- Is ORBIX REFRACTORIES still active?
- Yes, ORBIX REFRACTORIES is an active enterprise in the KBO register.
- What is the turnover of ORBIX REFRACTORIES?
- The turnover in financial year 2025 is ≈ €2.8m. This figure is estimated from the gross margin of €555,162 and 160 comparable companies (NACE 46). It probably lies between €1.7m and €4.8m.Financials
- Is ORBIX REFRACTORIES profitable?
- In financial year 2025, ORBIX REFRACTORIES made a profit of €18,374.
- Where can I find the annual accounts of ORBIX REFRACTORIES?
- ORBIX REFRACTORIES filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ORBIX REFRACTORIES due?
- ORBIX REFRACTORIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.