Loss of €90,047Reappointment: Vyvey & Co (statutory auditor)27-031 director resigning08-01Equity from €212,862 to €122,815Debts from €117,554 to €1.2mCash from €261 to €12,984
Latest accounts filed late: after the legal deadline.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 6 July (4 of the last 5 accounts filed within 30 days either side of that date).
1 director appointed, 1 resignation
Resignation: Irida BV (chair and managing director) · Appointment: Poeka BV · Permanent representatives: Lodewijk Van den Brande and Jan Van den Brande · General meeting of 09-03-2026 · Gazette deed
Reappointment: Vyvey & Co (statutory auditor)
Permanent representative: Steven Vyvey · General meeting of 06-06-2024 · Gazette deed
1 director resigningKasethi BV · Permanent representatives: Johan Poel and Lodewijk Van den Brande · General meeting of 04-12-2024 · Gazette deed
1 director resigningFinisca BV · Permanent representatives: Kris Goormans and Lodewijk Van den Brande · General meeting of 07-11-2023 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ORELIA GERMANY: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €571,000 and €4.8m, founded between 1990 and 2011.