ORA MANAGEMENT
ActiveORA MANAGEMENT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.16M and a net result of €250k. Equity is growing by ~37.2% per year across the filed fiscal years. Its solvency ranks better than 67% of 8091 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▼-12
Solvency97▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 3.41 against 2.96 in 2023; short-term debt: 28.3% and cash: 47.1% of total assets), and 28.3% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71.7%
Return on assets
15.5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
119 d late
2022
25 d late
2021
101 d late
2020
248 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.16M▲ 16.0%
2023 · €997k
2018: €181k
2019: €245k
2020: €327k
2021: €530k
2022: €643k
2023: €997k
2018 → 2024
Total assets
€1.61M▲ 9.1%
2023 · €1.48M
2018: €247k
2019: €342k
2020: €485k
2021: €778k
2022: €984k
2023: €1.48M
2018 → 2024
Net result
€250k▼ 39.6%
2023 · €414k
2018: €48k
2019: €91k
2020: €82k
2021: €204k
2022: €141k
2023: €414k
2018 → 2024
Working capital
€1.10M▲ 16.7%
2023 · €940k
2018: €169k
2019: €232k
2020: €261k
2021: €458k
2022: €565k
2023: €940k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€327k-€530k▲ 62.3%€643k▲ 21.4%€997k▲ 54.9%€1.16M▲ 16.0%
Operating result€122k-€304k▲ 150%€216k▼ 29.0%€538k▲ 149%€376k▼ 30.1%
Net result€82k-€204k▲ 149%€141k▼ 31.0%€414k▲ 194%€250k▼ 39.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 30% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.61M
Fixed assets
€58k▲ 3.4%
Current assets
€1.55M▲ 9.3%
Equity and liabilities €1.61M
Equity
€1.16M▲ 16.0%
Debt
€455k▼ 5.2%
The debt ratio falls from 32.5% to 28.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€401k▼
2023 · €561k
Cash flow
€275k▼
2023 · €437k
Solvency
71.7%▲
2023 · 67.5%
Current ratio
3.41▲
2023 · 2.96
Quick ratio
3.41▲
2023 · 2.96
Debt / equity
0.39▼
2023 · 0.48
ROE
21.6%▼
2023 · 41.5%
ROA
15.5%▼
2023 · 28.0%
Interest coverage
471.75▼
2023 · 607.88
Debt
€455k▼
2023 · €480k
Debt ≤ 1 year
€455k▼
2023 · €480k
Income taxes
€125k▼
2023 · €184k
Staff costs
€1.20M▲
2023 · €1.05M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.48M€1.61M▲
Fixed assets21/28€56k€58k▲
Tangible fixed assets22/27€55k€58k▲
Plant, machinery and equipment23€19k€22k▲
Furniture and vehicles24€36k€36k▲
Financial fixed assets28€1k€80▼
Current assets29/58€1.42M€1.55M▲
Amounts receivable within one year40/41€565k€561k▼
Trade receivables40€556k€476k▼
Other amounts receivable41€9k€86k▲
Current investments50/53€164k€212k▲
Cash at bank and in hand54/58€677k€759k▲
Deferred charges and accrued income490/1€15k€21k▲
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.61M▲
Equity10/15€997k€1.16M▲
Reserves13€930k€1.09M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€928k€1.09M▲
Profit (loss) carried forward14€67k€67k=
Amounts payable17/49€480k€455k▼
Amounts payable within one year42/48€480k€455k▼
Trade debts44€74k€95k▲
Suppliers440/4€74k€95k▲
Taxes, remuneration and social security45€357k€266k▼
Taxes450/3€181k€106k▼
Remuneration and social security454/9€177k€159k▼
Other amounts payable47/48€49k€95k▲
Income statement
Code20232024
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€1.05M€1.20M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€1.62M€1.60M▼
Operating profit (loss)9901€538k€376k▼
Financial income75/76B€60k€2k▼
Recurring financial income75€60k€2k▼
Financial charges65/66B€924€3k▲
Recurring financial charges65€924€849▼
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€597k€375k▼
Income taxes67/77€184k€125k▼
Profit (loss) for the period9904€414k€250k▼
Profit (loss) for the period to be appropriated9905€414k€250k▼
Appropriation of the result
Profit (loss) to be appropriated9906€481k€317k▼
Profit (loss) brought forward from the previous period14P€67k€67k=
Transfer from equity791/2€47k€90k▲
Transfer to equity691/2€413k€249k▼
To other reserves6921€413k€249k▼
Profit to be distributed694/7€48k€91k▲
Return on contributions (dividend)694€48k€91k▲
Social balance
Average headcount (FTE)908710.410.8▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 55 days late
2024
31-12
Financial
Equity above €1MEq €1.16M ▲16%
7 profitable years in a row build equity to €1.16M.
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 119 days late
2023
31-12
Financial
Highest result since 2018net €414k ▲194%
Operating result €538k, net result €414k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 101 days late
05-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 248 days late
2021
31-12
Financial
Equity above €500kEq €530k ▲62.3%
4 profitable years in a row build equity to €530k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Equity above €200kEq €245k ▲35.8%
2 profitable years in a row build equity to €245k.
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 60 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 · 2 establishment units since 2011
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.
Parkstraat 58560 WevelgemGround area
2,599 m²
Building footprint
1,131 m²
Volume, LiDAR
4,202 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ORA Management
since 20112.199.360.776
ORA Management
since 20232.340.004.442
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0316/00B002 | Flanders | 1,365 m² | 1 · 246 m² | 7.3 m · 2 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 · via establishment units: 1
2 of 2 parcels 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 · 6 entries · 14,642 EUR awarded · 14,334 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,787 EUR | 2,787 EUR |
| 2024 | 1 | 2,290 EUR | 2,290 EUR |
| 2023 | 2 | 5,271 EUR | 4,963 EUR |
| 2022 | 2 | 4,294 EUR | 4,294 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 5,691 companies in sector 70100 we hold annual accounts for 3,489. 1,852 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2011
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:olivier@oramanagement.be
Phone:056/ 42 40 42