Orange Elixir Records
ActiveSummary
Orange Elixir Records has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show negative equity (-€94,621) and a net result of -€9,103. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability6▲+6
Solvency0=
Growth32=
Track record92
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.18 in 2023; short-term debt: 386.5% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
-321.1%
Return on assets
-30.9%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€94,621
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
77 d late
2022
198 d late
2021
91 d late
2020
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 85 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€94,621▼ 10.6%
2023 · -€85,518
Total assets
€29,469▼ 49.0%
2023 · €57,818
Net result
-€9,103▲ 87.0%
2023 · -€69,940
Working capital
-€99,724▲ 9.0%
2023 · -€109,563
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8,037--€1,586-€31,604▼ 1,892%-€66,677▼ 111%-€6,438▲ 90.3%
Net result€5,612within the sector's middle half--€2,593below the sector's middle half-€33,596below the sector's middle half▼ 1,196%-€69,940below the sector's middle half▼ 108%-€9,103below the sector's middle half▲ 87.0%
Equity€20,612below the sector's middle half-€18,019below the sector's middle half▼ 12.6%-€15,578below the sector's middle half-€85,518below the sector's middle half▼ 449%-€94,621below the sector's middle half▼ 10.6%
Total assets€47,019below the sector's middle half-€31,613below the sector's middle half▼ 32.8%€74,667within the sector's middle half▲ 136%€57,818below the sector's middle half▼ 22.6%€29,469below the sector's middle half▼ 49.0%
Debt€26,407-€13,594▼ 48.5%€90,244▲ 564%€143,335▲ 58.8%€124,090▼ 13.4%
Working capital-€11,110below the sector's middle half--€5,939below the sector's middle half▲ 46.5%-€54,956below the sector's middle half▼ 825%-€109,563below the sector's middle half▼ 99.4%-€99,724below the sector's middle half▲ 9.0%
Solvency43.8%within the sector's middle half-57.0%within the sector's middle half▲ 13.2pp-20.9%below the sector's middle half▼ 77.9pp-147.9%below the sector's middle half▼ 127.0pp-321.1%below the sector's middle half▼ 173.2pp
Current ratio0.58below the sector's middle half-0.56below the sector's middle half▼ 0.020.31below the sector's middle half▼ 0.250.18below the sector's middle half▼ 0.140.12below the sector's middle half▼ 0.05
Return on assets (ROA)11.9%within the sector's middle half--8.2%below the sector's middle half▼ 20.1pp-45.0%below the sector's middle half▼ 36.8pp-121.0%below the sector's middle half▼ 76.0pp-30.9%below the sector's middle half▲ 90.1pp
Staff (FTE)1.52.5▲ 66.7%0.7▼ 72.0%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,438 in 2024 against €66,677 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29,469
Fixed assets
€15,302 ▼ 55.6%
Current assets
€14,167 ▼ 39.4%
Key figures and ratios
EBITDA
€1,874▲
2023 · -€53,947
Cash flow
-€792▲
2023 · -€57,211
Debt to equity
-1.31▲
2023 · -1.68
Interest coverage
0.70▲
2023 · -17.50
Debt ≤ 1 year
€113,891▼
2023 · €132,944
Debt > 1 year
€10,000=
2023 · €10,000
Staff costs
€15,485▼
2023 · €43,040
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,740 | €6,436 | ▲ 135% |
| Remuneration, social security and pensions62 | - | - | €19,110 | €43,040 | €15,485 | ▼ 64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,596 | €13,335 | €14,429 | €12,730 | €8,311 | ▼ 34.7% |
| Other operating charges640/8 | - | €306 | €1,330 | €1,793 | €1,279 | ▼ 28.7% |
| Non-recurring operating charges66A | - | - | - | €2,570 | €4,311 | ▲ 67.7% |
| Gross operating margin9900 | €23,761 | €12,054 | €3,265 | -€6,544 | €22,949 | ▲ 451% |
| Operating profit (loss)9901 | €8,037 | -€1,586 | -€31,604 | -€66,677 | -€6,438 | ▲ 90.3% |
| Financial income75/76B | - | €1 | €66 | €21 | €19 | ▼ 8.2% |
| Recurring financial income75 | - | €1 | €66 | €21 | €19 | ▼ 8.2% |
| Financial charges65/66B | - | €1,008 | €1,871 | €3,083 | €2,685 | ▼ 12.9% |
| Recurring financial charges65 | €933 | €1,008 | €1,871 | €3,083 | €2,685 | ▼ 12.9% |
| Profit (loss) for the period before taxes9903 | €7,104 | -€2,593 | -€33,408 | -€69,739 | -€9,103 | ▲ 86.9% |
| Income taxes67/77 | €1,493 | -€1 | €188 | €202 | - | - |
| Profit (loss) for the period9904 | €5,612 | -€2,593 | -€33,596 | -€69,940 | -€9,103 | ▲ 87.0% |
| Profit (loss) for the period to be appropriated9905 | €5,612 | -€2,593 | -€33,596 | -€69,940 | -€9,103 | ▲ 87.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €47,019 | €31,613 | €74,667 | €57,818 | €29,469 | ▼ 49.0% |
| Fixed assets21/28 | €31,722 | €23,958 | €49,745 | €34,437 | €15,302 | ▼ 55.6% |
| Intangible fixed assets21 | - | - | €1,546 | €1,185 | €825 | ▼ 30.4% |
| Tangible fixed assets22/27 | €31,722 | €23,958 | €48,199 | €33,252 | €14,477 | ▼ 56.5% |
| Plant, machinery and equipment23 | - | €20,180 | €42,950 | €29,586 | €11,314 | ▼ 61.8% |
| Furniture and vehicles24 | - | €3,778 | €5,249 | €3,666 | €3,163 | ▼ 13.7% |
| Current assets29/58 | €15,297 | €7,655 | €24,922 | €23,380 | €14,167 | ▼ 39.4% |
| Amounts receivable within one year40/41 | €13,126 | €7,069 | €24,333 | €23,071 | €14,167 | ▼ 38.6% |
| Trade receivables40 | - | €6,576 | €24,333 | €23,071 | €14,167 | ▼ 38.6% |
| Other amounts receivable41 | - | €493 | - | - | - | - |
| Cash at bank and in hand54/58 | €4 | €60 | €8 | - | - | - |
| Deferred charges and accrued income490/1 | - | €526 | €580 | €309 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €47,019 | €31,613 | €74,667 | €57,818 | €29,469 | ▼ 49.0% |
| Equity10/15 | €20,612 | €18,019 | -€15,578 | -€85,518 | -€94,621 | ▼ 10.6% |
| Contributions10/11 | - | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | €5,612 | €3,019 | -€30,578 | -€100,518 | -€109,621 | ▼ 9.1% |
| Amounts payable17/49 | €26,407 | €13,594 | €90,244 | €143,335 | €124,090 | ▼ 13.4% |
| Amounts payable after more than one year17 | - | - | €10,000 | €10,000 | €10,000 | = |
| Financial debts170/4 | - | - | €10,000 | €10,000 | €10,000 | = |
| Amounts payable within one year42/48 | €26,407 | €13,594 | €79,877 | €132,944 | €113,891 | ▼ 14.3% |
| Financial debts43 | - | - | €5,855 | €6,219 | €5,942 | ▼ 4.5% |
| Credit institutions430/8 | - | - | €5,855 | €6,219 | €5,942 | ▼ 4.5% |
| Trade debts44 | €2,639 | €10,221 | €34,880 | €26,054 | €23,373 | ▼ 10.3% |
| Suppliers440/4 | - | €10,221 | €34,880 | €26,054 | €23,373 | ▼ 10.3% |
| Taxes, remuneration and social security45 | - | €3,373 | €17,005 | €47,146 | €33,278 | ▼ 29.4% |
| Taxes450/3 | - | €3,373 | €12,060 | €23,102 | €28,986 | ▲ 25.5% |
| Remuneration and social security454/9 | - | - | €4,945 | €24,043 | €4,292 | ▼ 82.1% |
| Other amounts payable47/48 | - | - | €22,137 | €53,525 | €51,297 | ▼ 4.2% |
| Accrued charges and deferred income492/3 | - | - | €367 | €392 | €199 | ▼ 49.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,612 | -€2,593 | -€33,596 | -€69,940 | -€9,103 | ▲ 87.0% |
| + Depreciation and write-downs630 | €14,596 | €13,335 | €14,429 | €12,730 | €8,311 | ▼ 34.7% |
| Operating cash flow (approximation) | €20,207 | €10,742 | -€19,168 | -€57,211 | -€792 | ▲ 98.6% |
| Investment in fixed assets (approximation) | - | -€5,571 | -€40,215 | €2,578 | €10,824 | ▲ 320% |
| Change in cash | - | €56 | -€52 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 77 days late
26-04
KBO administration
Address struck
event 14-03-2024
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 198 days late
2023
31-12
Financial
Weakest financial yearnet -€69,940
Net result drops to -€69,940, the lowest in the series; recovery starts the following year.
2022
30-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 91 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Olen · 1 establishment unit since 2019
Ground area
192 m²
Building footprint
192 m²
Volume, LiDAR
844 m³
Parcel 13029D0008/00P000, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Orange Elixir Records
since 20192.293.382.480
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029D0008/00P000 | Flanders | 192 m² | 1 · 192 m² | 6.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 · 7 entries · 58,134 EUR awarded · 17,534 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 3,768 EUR | 3,768 EUR |
| 2024 | 1 | 4,862 EUR | 4,862 EUR |
| 2023 | 2 | 45,269 EUR | 4,669 EUR |
| 2022 | 1 | 4,235 EUR | 4,235 EUR |
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Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. 12,549 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-09-2019
Fiscal year end31-12
Trade name NL
besloten vennootshap
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
59202Motion picture, video and television programme production, sound recording and music publishing activities
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0733682264
Also
9925:BE0733682264
Registered
30-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.