ORA Academy
ActiveThe annual accounts of ORA Academy for fiscal year 2025 show a net loss of 74% of the equity at the start of that year. The 2025 annual accounts show equity of €31k and a net result of €-88k. Equity is shrinking by ~32.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 23% of 2042 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-82
Solvency33▼-33
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.43 against 2.22 in 2024; short-term debt: 62.3% and cash: 7.3% of total assets), and 92.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.9%
Return on assets
-22.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 2042 sector peers (2025).
NBB · sector comparisonPosition among 2042 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
90 d late
2023
119 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▼ 73.8%
2024 · €119k
2023: €89k
2024: €119k
2023 → 2025
Total assets
€396k▲ 34.4%
2024 · €294k
2023: €241k
2024: €294k
2023 → 2025
Net result
€-88k
2024 · €30k
2023: €15k
2024: €30k
2023 → 2025
Working capital
€105k▼ 21.9%
2024 · €135k
2023: €76k
2024: €135k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€89k-€119k▲ 34.0%€31k▼ 73.8%
Operating result€26k-€50k▲ 94.9%€-88k
Net result€15k-€30k▲ 105%€-88k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €88k after €50k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €396k
Fixed assets
€44k▼ 9.6%
Current assets
€352k▲ 43.1%
Equity and liabilities €396k
Equity
€31k▼ 73.8%
Debt
€364k▲ 108%
The debt ratio rises from 59.5% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-73k▼
2024 · €60k
Cash flow
€-73k▼
2024 · €41k
Solvency
7.9%▼
2024 · 40.5%
Current ratio
1.43▼
2024 · 2.22
Quick ratio
1.43▼
2024 · 2.22
Debt / equity
11.66▲
2024 · 1.47
ROE
-281.6%▼
2024 · 25.4%
ROA
-22.2%▼
2024 · 10.3%
Interest coverage
-195.24▼
2024 · 170.39
Debt
€364k▲
2024 · €175k
Debt ≤ 1 year
€246k▲
2024 · €111k
Income taxes
€219▼
2024 · €19k
Staff costs
€310k▲
2024 · €233k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€294k€396k▲
Fixed assets21/28€49k€44k▼
Tangible fixed assets22/27€49k€44k▼
Plant, machinery and equipment23€599€8k▲
Furniture and vehicles24€48k€36k▼
Current assets29/58€246k€352k▲
Amounts receivable within one year40/41€200k€319k▲
Trade receivables40€159k€280k▲
Other amounts receivable41€40k€39k▼
Cash at bank and in hand54/58€44k€29k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€294k€396k▲
Equity10/15€119k€31k▼
Contributions10/11€1k€1k=
Reserves13€90k€90k=
Distributable reserves133€90k€90k=
Profit (loss) carried forward14€28k€-60k▼
Amounts payable17/49€175k€364k▲
Amounts payable within one year42/48€111k€246k▲
Trade debts44€56k€150k▲
Suppliers440/4€56k€150k▲
Taxes, remuneration and social security45€55k€96k▲
Taxes450/3€24k€40k▲
Remuneration and social security454/9€31k€57k▲
Accrued charges and deferred income492/3€64k€118k▲
Income statement
Code20242025
Remuneration, social security and pensions62€233k€310k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€15k▲
Other operating charges640/8€593€533▼
Gross operating margin9900€294k€237k▼
Operating profit (loss)9901€50k€-88k▼
Financial income75/76B€265€1k▲
Recurring financial income75€128€277▲
Non-recurring financial income76B€138€776▲
Financial charges65/66B€352€375▲
Recurring financial charges65€352€375▲
Profit (loss) for the period before taxes9903€50k€-88k▼
Income taxes67/77€19k€219▼
Profit (loss) for the period9904€30k€-88k▼
Profit (loss) for the period to be appropriated9905€30k€-88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€-60k▼
Profit (loss) brought forward from the previous period14P€28k€28k=
Transfer to equity691/2€30k-
To other reserves6921€30k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-88k ▼391%
Net result drops to €-88k, the lowest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
31-12
Financial
Highest result since 2023net €30k ▲105%
Operating result €50k, net result €30k, both a record.
31-12
Financial
Equity above €100kEq €119k ▲34%
2 profitable years in a row build equity to €119k.
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Menenstraat 3868560 WevelgemGround area
1,234 m²
Building footprint
885 m²
Volume, LiDAR
2,996 m³
Parcel 34041A0418/00H006, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ORA Academy
since 20172.264.750.060
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041A0418/00H006 | Flanders | 1,234 m² | 1 · 885 m² | 9.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,735 EUR awarded · 1,735 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 102 EUR | 102 EUR |
| 2024 | 1 | 660 EUR | 660 EUR |
| 2023 | 1 | 39 EUR | 39 EUR |
| 2022 | 1 | 934 EUR | 934 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
Similar companies · same sector, comparable size
Van daele LTD
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BABEL LDC
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INSPIRITAN
BE 0775.362.174
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RESULT@WORK
BE 0643.483.053
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Combination Growing Services
BE 0465.933.362
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Of 11,670 companies in sector 85599 we hold annual accounts for 1,329. 985 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-2017
Fiscal year end31-12
Activities, NACEBEL
85592Vocational training
85599Other education
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.oragroup.be