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L'ORME

Active Private limited companyfounded 2020active for 6 yearsPlace Joseph Thiry 13, 4920 AywailleKBO/BCE: BE 0755.411.155

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €137,920 (2025)
€137,920▲ 21.1%
peak €37,192 (2021)
€24,301▲ 146%
peak €103,012 (2023)
€78,247▼ 11.0%
€141,395▲ 34.2%
Board2 names since 2020
2 directorsPIRARD David Frédéric Ghislaine and 1 other
Documentsfilings and deeds
20-04-2026102 days before the deadline
2025micro format
Gross margin from €113,893 to €137,920Result from €9,892 to €24,301Dividend €33,958Debts from €105,345 to €141,395Cash from €108,292 to €150,587

Key points

from the 2025 annual accounts

Equity

€78,247 ▼ 11.0%
87,9042024+24,301Profit-33,958Dividend78,2472025

L'ORME paid out €33,958 in dividends. That is 140% of the 2025 profit.

Turnover

≈ €370,000 estimated

The micro format states no turnover.

Staff

3 employees on 31-12-2025
312021122022202023012024102025

In 2025, 1 person joined and nobody left.

Checked score

69
Healthy
Financially stronger than 60% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026highest value 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026

Financial strength
Strong

61-9equity 35.6% of total assets
81-9short-term debt 40.5% · cash 68.6%
83+10return on assets 11.1%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2020
Size: total assets €219,642
lowers risk
Liquidity: current ratio 1.78, cash €150,587
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 56, micro). It does better than 55% of them on solvency, 84% on liquidity, 69% on profitability and 30% 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 low class on 30-06-2025, 0.8% 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, 26,972 companies had the same profile as L'ORME has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of L'ORME itself: 0.8% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,972 companies, not a prediction for L'ORME. 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 €5,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.78 (2.44 in 2024), above the usual 1.5. Short-term debt is 40.5% and cash 68.6% of total assets. However, 64.4% 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 1.78, cash €150,587
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €219,642
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 20-04-2026, 102 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
102 days early
2024
20 days early
2023
26 days early
2022
17 days early
2021
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 36 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 11 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PD
Director, since 30-09-2020
PS
Director, since 30-09-2020
  • PIRARD Christian Joseph Ghislain Julien 20 sharesdeed of 02-10-2020
  • PIRARD Sébastien Henri Auguste Ghislain 40 sharesdeed of 02-10-2020
  • PIRARD David Frédéric Ghislaine 40 sharesdeed of 02-10-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0755411155
Incorporation Founding capital of €10,000, 100 shares · Founders: PIRARD Christian Joseph Ghislain Julien, PIRARD Sébastien Henri Auguste Ghislain and PIRARD David Frédéric Ghislaine · Appointments: PIRARD Sébastien Henri Auguste Ghislain (director) and PIRARD David Frédéric Ghislaine (director) · published on 02-10-2020 · Gazette deed
First establishment Place Joseph Thiry 13, Aywaille
All 10 events

Comparable companies

same main activity, similar in size and age
Company
L'ORME Aywaille €219,642 €137,920 35.6% -
SMILE CAFE Liège €194,572 €160,460 49.3% -
Roelant Invest Ostend €214,222 €124,615 35.1% -
BaHop Braine-le-Château €233,892 €130,417 25.2% -
DORADA Ostend €233,926 €162,077 -18.8% -
LOS TONTOS Zemst €223,164 €166,298 26.0% -
LOJO Heuvelland €199,632 €130,611 34.1% -

These companies have the same main activity as L'ORME: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €195,000 and €234,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 30-09-2020Normal situation
Activity
Cafés and barsNACE 56301
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.309.023.0384920 Aywaille, since 30-09-2020
Financial year end
31 December
Peppol
Reachable since 19-09-2025
Company details

Annual accounts 2025

€137,920▲ 21.1%
€24,301▲ 146%
€78,247▼ 11.0%
€219,642▲ 13.7%
Employeeson 31-12-2025
3▲ 50.0%
Filing
Filed on 20-04-2026, 102 days before the end of the filing period
Financials

Insights on L'ORME

L'ORME files the micro format. That format states no turnover. The gross margin rose from €88,758 in 2021 to €137,920 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 20-04-2026, 102 days before the deadline
€137,920
▲ 21.1%
€37,016
▲ 118%
€24,301
▲ 146%
€68,991
▼ 2.8%
35.6%
▼ 9.9 percentage points
1.78
▼ 0.67

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €370,000. Estimated: probably between €320,000 and €470,000.

Balance sheet

balance sheet total €219,642 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

35.6%

Higher than 55% of 17,153 companies in 2025.

1.78

Higher than 69% of 16,579 companies in 2025.

11.1%

Higher than 65% of 16,662 companies in 2025.

L'ORME Middle half of the sector 80% of the sector Micro accounts in food and beverage service (NACE 56)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Staff

€49,467

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 1 person joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 219,642193,249224,014164,068142,536
21/28 61,63073,00184,47655,15256,114
21 28,99234,99240,99246,99252,992
22/27 32,31237,68343,1587,8342,896
22 31,43636,65741,8785,788-
23 8771,0271,2811,7312,181
24 --0315715
28 325325325325225
29/58 158,012120,248139,538108,91686,422
3 2,5002,5002,5002,7353,100
30/36 2,5002,5002,5002,7353,100
40/41 3,2437,374-02,897
40 1,063--02,897
41 2,1807,374---
54/58 150,587108,292134,818105,30179,617
490/1 1,6822,0822,221880808
Balance sheet: equity and liabilities
10/49 219,642193,249224,014164,068142,536
10/15 78,24787,904103,01267,31547,192
10/11 10,00010,00010,00010,00010,000
13 68,24757,31557,31557,31537,192
133 68,24757,31557,31557,31537,192
14 020,58935,697--
17/49 141,395105,345121,00396,75395,344
17 48,65751,35555,197--
170/4 48,65751,35555,197--
42/48 89,02149,27262,72396,75395,344
44 10,77313,0209,4108,54911,319
440/4 10,77313,0209,4108,54911,319
45 38,29030,25247,31341,25330,064
450/3 23,75617,22233,85930,96922,673
454/9 14,53413,03013,45410,2837,390
47/48 39,9586,0006,00046,95253,961
492/3 3,7174,7183,082--
Income statement
9900 137,920113,893119,12581,73888,758
62 89,04184,59558,72445,68234,326
630 11,37111,47511,5267,2097,712
640/8 4938101,7521,355500
9901 37,01617,01447,12227,49046,220
75/76B 45944119230
75 45944119230
65/66B 3,9134,9363,25616762
65 3,9134,9363,25616762
9903 33,56212,51943,88527,34746,158
67/77 9,2612,6268,1887,2248,966
9904 24,3019,89235,69720,12337,192
9905 24,3019,89235,69720,12337,192
Appropriation of the result
9906 44,89045,58935,69720,12337,192
14P 20,58935,697---
791/2 13,369----
691/2 24,301-020,12337,192
6921 24,301-020,12337,192
694/7 33,95825,000---
694 33,95825,000---
Social balance sheet
9087 1.81.81.31.11.5
Hours worked1013 3,0033,0812,0871,7561,439
Document PDFPDFPDFPDFPDF

The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 20-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 20-04-2026 2026-00082453 PDF
31-12-2024 micro format 11-07-2025 2025-00257963 PDF
31-12-2023 micro format 05-07-2024 2024-00212527 PDF
31-12-2022 micro format 14-07-2023 2023-00235794 PDF
31-12-2021 micro format 18-07-2022 2022-20194481 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
48,38728,48958,64834,70053,932
35,67221,36747,22327,33244,904
0040,8506,24863,825
42,295-26,52629,51725,684-
68,99170,97676,81512,163-8,922
35.6%45.5%46.0%41.0%33.1%
1.782.442.221.130.91
1.752.392.181.100.87
1.811.201.171.442.02
31.1%11.3%34.7%29.9%78.8%
11.1%5.1%15.9%12.3%26.1%
12.375.7718.01over 100over 100

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date32312
full-time11111
part-time21201
in full-time equivalents21.5211.5
1.81.81.31.11.5
On a permanent contract22111
Joined10213
Left01021

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€40,850€6,148€3,600
Intangible fixed assets----€60,000
Financial fixed assets€0--€100€225
€11,371€11,475€11,526€7,209€7,712

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on L'ORME

The operating result for 2025 is 118% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 54.5% to 64.4%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors, since incorporation
Director (not named in the articles)
since 30-09-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 20-04-2026
Director (not named in the articles)
since 30-09-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 20-04-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 02-10-2020

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
PIRARD David Frédéric Ghislaine
Director (not named in the articles)
PIRARD Sébastien Henri Auguste Ghislain
Director (not named in the articles)
Board
Mandates as a list
  • PIRARD David Frédéric Ghislaine
    • Director (not named in the articles), from 30-09-2020 to date
  • PIRARD Sébastien Henri Auguste Ghislain
    • Director (not named in the articles), from 30-09-2020 to date

See the board, name and registered office on a given date →

Control

Founders
This company
L'ORME
Equity €78,247
Profit €24,301 in 2025

Capital

Contribution
€10,000
Shares
100
Contribution per share
€100
Equity per share
€782 in 2025
Source
deed of 02-10-2020

Articles of association

deed of 02-10-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of June at 18:30
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 02-10-2020 ↗

Network & group

No group

L'ORME has no parent and no holdings in its annual accounts. L'ORME shares no director with another company.

At the same address

Place Joseph Thiry 13, 4920 Aywaille · 1 other company
Ransy, Adelin (sole trader)
establishment since 01-10-1975
founded in 1975
0856.870.680

Timeline

Timeline

10 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 102 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0755411155
Annual accounts 2024 filed PDFmicro format · 20 days before the deadline
2024
Weakest financial year net €9,892 ▼72.3% The net result drops to €9,892, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 26 days before the deadline
2023
Equity above €100,000 equity €103,012 ▲53% With a profit in every financial year since 2021, equity grows to €103,012.
Annual accounts 2022 filed PDFmicro format · 17 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 13 days before the deadline
2020
IncorporationFounding capital of €10,000, 100 shares · Founders: PIRARD Christian Joseph Ghislain Julien, PIRARD Sébastien Henri Auguste Ghislain and PIRARD David Frédéric Ghislaine · Appointments: PIRARD Sébastien Henri Auguste Ghislain (director) and PIRARD David Frédéric Ghislaine (director) · published on 02-10-202010 points ▸

Open the deed in the Belgian Official Gazette

First establishment Place Joseph Thiry 13, Aywaille

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 30 September 2020, L'ORME was incorporated as a private limited company by three natural persons, with a starting capital of €10,000.12 Of the 2 current board members, 2 have served since 2020.3 Total assets went from €142,536 in 2021 to €219,642 in 2025 and headcount from 1.5 to 1.8 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-10-2020
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0755.411.155
VAT number
BE 0755.411.155
Peppol ID
0208:0755411155
Other Peppol ID
9925:BE0755411155
Legal form
Private limited company
Status
Active, normal situation
Founded
30-09-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of June at 18:30
deed of 02-10-2020 (in French)
Peppol
Reachable since 19-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
L'ORME in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-10-2020 (in French)

Activities

NACEBEL 2025
VAT activities
56301 Cafés and bars main activity
Social security (RSZ) activities
56301 Cafés and bars main activity
Joint committees annual accounts 2025
JC 302 Hotels and catering
Codes under NACEBEL 2008
VAT activities
56301 Cafés and bars main activity
Social security (RSZ) activities
56301 Cafés and bars main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Toutes activités en rapport direct ou indirect avec la restauration en général et le secteur de l’horeca, l’organisation de banquets et…”
11 activities
  1. Toutes activités en rapport direct ou indirect avec la restauration en général et le secteur de l’horeca, l’organisation de banquets et réceptions, le service traiteur, y compris l’organisation, la gestion et l’exploitation de restaurants, cafétarias, débits de boissons, ainsi que toutes opérations de tourisme, d’hôtellerie, de divertissement et de loisirs
  2. L’exploitation sous sa propre enseigne ou par voie de franchise ou licence de tout snack-bar, cafétaria, sandwicherie, service de cuisine rapide ou de petite restauration, de tout service traiteur et/ou d’un ou plusieurs restaurants, ainsi que la livraison à domicile et la vente ambulante
  3. L’importation et l’exportation de tous produits se rapportant à son objet social
  4. La location de salle et matériaux à cet effet
  5. La vente de cigarettes, cigares et autres, l’exploitation de tous jeux électroniques et automatiques
  6. L’organisation de divertissements, cafés-concerts, théâtres, cabarets, spectacles
  7. Accomplir toutes opérations immobilières généralement quelconques, comprenant notamment l'achat, la vente, la revente, la prise en location, la mise en location, la sous-location, la concession, l'aménagement, l'entretien, la gestion, la restauration, la transformation, la mise en valeur, la décoration de tous biens immobiliers neufs ou d'occasion, le leasing immobilier, l'emphytéose ou la constitution de droits de superficie, de et sur tous biens immobiliers sis en Belgique ou à l'étranger, à l'exception (sous réserve de ce qui serait éventuellement dit ci-avant) de l’activité de marchand de biens
  8. Pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement, entièrement ou partiellement, la réalisation de cet objet
  9. Par voie d’association, d’apports en espèces ou en nature, de fusion, de souscription, de participation, d’intervention financière ou par tout autre mode, prendre des participations ou exercer toutes fonctions et/ou mandats dans toutes affaires, entreprises, associations ou sociétés ayant, en tout ou en partie, un objet social identique, similaire ou connexe au sien ou susceptible d’en faciliter l’extension et/ou le développement de son entreprise
  10. Exercer les fonctions d'administrateur ou de liquidateur dans d'autres sociétés
  11. Se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées, au sens le plus large
deed of 02-10-2020 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Place Joseph Thiry 13 registered office 4920 Aywaille 30-09-2020 2.309.023.038 Bar

Buildings and parcels at the address

Ground area
147 m²
Buildings
126 m²
Volume, LiDAR
1,050 m³
Tallest building
10.5 m
Buildings to scale, each on its own parcel
126 m², 10.5 m 126 m², 10.5 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
62009A1124/00E000147 m² 1 · 126 m² 10.5 m · 3

Recognitions

Food safety, FASFC

1 site
Aywailleunit number 2.309.023.038
1 permission
Bar · since 01-10-2020

Source: FAVV-AFSCA, open data, updated on 02-11-2026

Contact

E-mail brasserieorme@yahoo.com