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ORAZ SOLUTION

Active
Private limited companyfounded 2018active for 8 yearsRoute de Trazegnies 255, 6031 Charleroi, BelgiumKBO/BCE: BE 0696.868.784
Summary

ORAZ SOLUTION has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,143 and a net result of €26,292. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 50% of 21,036 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€60,143▲ 77.7%
2024 · €33,851
Total assets
€100,298▲ 59.6%
2024 · €62,851
Net result
€26,292▼ 5.8%
2024 · €27,923
Working capital
€50,744▲ 79.3%
2024 · €28,303
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 5% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€34,632 2025 Net result€26,292 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€16,797-€4,225▼ 74.8%€1,933▼ 54.2%-€9,688€4,373€36,387▲ 732%€34,632▼ 4.8%
Net result€12,817-€2,370below the sector's middle half▼ 81.5%€421below the sector's middle half▼ 82.2%-€9,697below the sector's middle half€1,516below the sector's middle half€27,923within the sector's middle half▲ 1,742%€26,292within the sector's middle half▼ 5.8%
Equity€12,818-€15,188below the sector's middle half▲ 18.5%€15,609below the sector's middle half▲ 2.8%€5,912below the sector's middle half▼ 62.1%€7,428below the sector's middle half▲ 25.6%€33,851within the sector's middle half▲ 356%€60,143within the sector's middle half▲ 77.7%
Total assets€45,135-€55,962below the sector's middle half▲ 24.0%€54,604below the sector's middle half▼ 2.4%€47,776below the sector's middle half▼ 12.5%€46,978below the sector's middle half▼ 1.7%€62,851below the sector's middle half▲ 33.8%€100,298within the sector's middle half▲ 59.6%
Debt€32,317-€40,774▲ 26.2%€38,995▼ 4.4%€41,864▲ 7.4%€39,550▼ 5.5%€29,001▼ 26.7%€40,155▲ 38.5%
Working capital-€14,476--€18,133below the sector's middle half▼ 25.3%-€10,994below the sector's middle half▲ 39.4%-€10,904below the sector's middle half▲ 0.8%-€2,445below the sector's middle half▲ 77.6%€28,303within the sector's middle half€50,744within the sector's middle half▲ 79.3%
Solvency28.4%-27.1%below the sector's middle half▼ 1.3pp28.6%below the sector's middle half▲ 1.4pp12.4%below the sector's middle half▼ 16.2pp15.8%below the sector's middle half▲ 3.4pp53.9%within the sector's middle half▲ 38.0pp60.0%within the sector's middle half▲ 6.1pp
Current ratio0.55-0.56below the sector's middle half=0.72below the sector's middle half▲ 0.160.74below the sector's middle half▲ 0.020.94below the sector's middle half▲ 0.201.98within the sector's middle half▲ 1.042.26within the sector's middle half▲ 0.29
Return on assets (ROA)28.4%-4.2%within the sector's middle half▼ 24.2pp0.8%below the sector's middle half▼ 3.5pp-20.3%below the sector's middle half▼ 21.1pp3.2%below the sector's middle half▲ 23.5pp44.4%above the sector's middle half▲ 41.2pp26.2%within the sector's middle half▼ 18.2pp
Staff (FTE)1within the sector's middle half11
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100,298
Fixed assets €9,398 ▲ 69.4%
Current assets €90,899 ▲ 58.6%
Equity and liabilities €100,298
Equity €60,143 ▲ 77.7%
Debt €40,155 ▲ 38.5%
Debt's share of the balance-sheet total falls from 46.1% to 40.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38,638▼
2024 · €40,711
Cash flow
€30,299▼
2024 · €32,248
Debt to equity
0.67▼
2024 · 0.86
ROE
43.7%▼
2024 · 82.5%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€40,155▲
2024 · €29,001
Income taxes
€8,200▼
2024 · €8,296
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,974 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€62,851€100,298▲
Fixed assets21/28€5,548€9,398▲
Tangible fixed assets22/27€5,185€9,035▲
Plant, machinery and equipment23€3,417€2,417▼
Furniture and vehicles24€1,768€6,619▲
Financial fixed assets28€363€363=
Current assets29/58€57,303€90,899▲
Amounts receivable within one year40/41€39,681€39,886▲
Trade receivables40€39,681€39,886▲
Cash at bank and in hand54/58€17,622€51,013▲
Equity and liabilities
Total equity and liabilities10/49€62,851€100,298▲
Equity10/15€33,851€60,143▲
Contributions10/11€1€1=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€31,990€58,282▲
Amounts payable17/49€29,001€40,155▲
Amounts payable within one year42/48€29,001€40,155▲
Trade debts44€5,575€10,479▲
Suppliers440/4€5,575€10,479▲
Advances received on contracts in progress46€2,494-
Taxes, remuneration and social security45€16,193€24,173▲
Taxes450/3€16,193€24,173▲
Other amounts payable47/48€4,739€5,503▲
Income statement Code20242025
Remuneration, social security and pensions62-€3,826-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,325€4,007▼
Other operating charges640/8€851€528▼
Gross operating margin9900€37,737€39,167▲
Operating profit (loss)9901€36,387€34,632▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€168€139▼
Recurring financial charges65€168€139▼
Profit (loss) for the period before taxes9903€36,219€34,492▼
Income taxes67/77€8,296€8,200▼
Profit (loss) for the period9904€27,923€26,292▼
Profit (loss) for the period to be appropriated9905€27,923€26,292▼
Appropriation of the result
Profit (loss) to be appropriated9906€33,490€58,282▲
Profit (loss) brought forward from the previous period14P€5,567€31,990▲
Profit to be distributed694/7€1,500-
Directors or managers695€1,500-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62--€22,870€20,542€24,661-€3,826--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,375€8,303€9,891€9,788€6,943€4,325€4,007▼ 7.3%
Other operating charges640/8--€738€783€505€851€528▼ 37.9%
Gross operating margin9900€28,634€33,257€35,432€21,424€36,482€37,737€39,167▲ 3.8%
Operating profit (loss)9901€16,797€4,225€1,933-€9,688€4,373€36,387€34,632▼ 4.8%
Financial income75/76B------€0-
Recurring financial income75------€0-
Financial charges65/66B--€135€145€171€168€139▼ 16.9%
Recurring financial charges65€50€501€135€145€171€168€139▼ 16.9%
Profit (loss) for the period before taxes9903€16,747€3,724€1,798-€9,833€4,202€36,219€34,492▼ 4.8%
Income taxes67/77€3,930€1,354€1,377-€136€2,686€8,296€8,200▼ 1.2%
Profit (loss) for the period9904€12,817€2,370€421-€9,697€1,516€27,923€26,292▼ 5.8%
Profit (loss) for the period to be appropriated9905€12,817€2,370€421-€9,697€1,516€27,923€26,292▼ 5.8%
Line2019202020212022202320242025Change
Assets
Total assets20/58€45,135€55,962€54,604€47,776€46,978€62,851€100,298▲ 59.6%
Fixed assets21/28€27,294€33,321€26,603€16,816€9,873€5,548€9,398▲ 69.4%
Tangible fixed assets22/27€26,931€32,958€26,240€16,453€9,510€5,185€9,035▲ 74.3%
Plant, machinery and equipment23--€6,417€5,417€4,417€3,417€2,417▼ 29.3%
Furniture and vehicles24--€19,823€11,036€5,093€1,768€6,619▲ 274%
Financial fixed assets28€363€363€363€363€363€363€363=
Current assets29/58€17,841€22,642€28,001€30,960€37,106€57,303€90,899▲ 58.6%
Amounts receivable within one year40/41€7,811€8,698€6,058€27,483€24,440€39,681€39,886▲ 0.5%
Trade receivables40--€6,058€27,483€22,910€39,681€39,886▲ 0.5%
Other amounts receivable41----€1,530---
Cash at bank and in hand54/58€9,179€13,037€21,054€2,462€11,526€17,622€51,013▲ 189%
Deferred charges and accrued income490/1--€889€1,015€1,139---
Equity and liabilities
Total equity and liabilities10/49€45,135€55,962€54,604€47,776€46,978€62,851€100,298▲ 59.6%
Equity10/15€12,818€15,188€15,609€5,912€7,428€33,851€60,143▲ 77.7%
Contributions10/11€1-€1€1€1€1€1=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€10,957€13,327€13,748€4,051€5,567€31,990€58,282▲ 82.2%
Amounts payable17/49€32,317€40,774€38,995€41,864€39,550€29,001€40,155▲ 38.5%
Amounts payable within one year42/48€32,317€40,774€38,995€41,864€39,550€29,001€40,155▲ 38.5%
Trade debts44€1,242€639€6,046€6,235€13,791€5,575€10,479▲ 88.0%
Suppliers440/4--€6,046€6,235€13,791€5,575€10,479▲ 88.0%
Advances received on contracts in progress46-----€2,494--
Taxes, remuneration and social security45--€20,549€14,695€11,081€16,193€24,173▲ 49.3%
Taxes450/3--€6,032€3,701€1,309€16,193€24,173▲ 49.3%
Remuneration and social security454/9--€14,518€10,994€9,772---
Other amounts payable47/48--€12,399€20,933€14,678€4,739€5,503▲ 16.1%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€12,817€2,370€421-€9,697€1,516€27,923€26,292▼ 5.8%
+ Depreciation and write-downs630€11,375€8,303€9,891€9,788€6,943€4,325€4,007▼ 7.3%
Operating cash flow (approximation)€24,193€10,673€10,312€90€8,459€32,248€30,299▼ 6.0%
Investment in fixed assets (approximation)--€14,330-€3,174€0€0€0-€7,857-
Change in cash-€3,858€8,017-€18,592€9,063€6,096€33,391▲ 448%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 micro format 29-07-2026 2026-00359698
31-12-2024 micro format 25-07-2025 2025-00319570
31-12-2023 micro format 30-07-2024 2024-00321457
31-12-2022 micro format 24-07-2023 2023-00268622
31-12-2021 micro format 29-08-2022 2022-20406338
31-12-2020 micro format 30-08-2021 2021-64900077
31-12-2019 micro format 28-10-2020 2020-64000338

Similar companies · same sector, comparable size

Of the 3,181 active companies whose main activity is other information technology and computer services (NACE 62900), figures are known for 1,777. 1,402 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.