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ORBEGIT

Active Private limited companyfounded 1991active for 35 yearsStekelhoek 13, 9910 AalterKBO/BCE: BE 0444.059.961

Overview

Lifetime

19 annual accounts with figures on one time axis, 33 filings since 1992
peak €279,616 (2017)
€62,812▲ 25.0%
lowest -€144,687 (2021)
€61,341▲ 26.6%
peak €178,442 (2017)
-€267,559▲ €61,341
€453,806▼ 15.3%
peak 3 FTE (2009)
-not published
Board2 names since 2021
2 directorsBryon Mario and 1 other
Documentsfilings and deeds
29-04-20261 day before the deadline
2025micro format
Gross margin from €50,234 to €62,812Result from €48,458 to €61,341Equity from -€328,900 to -€267,559Debts from €535,802 to €453,806Cash from €2,783 to €1,228

Key points

from the 2025 annual accounts

Equity

-€267,559
202020212022202320242025

Debts exceed assets in financial year 2025.

Turnover

≈ €190,000 estimated

The accounts state no turnover.

Debts

€453,806 244% of the balance sheet
After one year 88%Within one year 12%

Of this, €52,739 falls due within a year.

Liquidity

2.60 was 1.17 in 2024

Short-term debts fell from €134,672 to €52,739.

Filings

33 annual accounts since 1992
deadline200020102020

The last five annual accounts were filed 0 to 4 days before the end of the period.

Position in the sector

-€267,559

Less equity than 95% of companies in furniture. Sector median €47,838 · 505 companies.

Checked score

54
Fair
Financially stronger than 52% of micro companies in furniture (NACE 31)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 829 companies (NACE 31, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.2% 01-2025: 3.3%▲ +0.1 percentage points vs 12-2024 02-2025: 3.5%▲ +0.2 percentage points vs 01-2025 03-2025: 3.4%▼ -0.1 percentage points vs 02-2025 04-2025: 3.7%▲ +0.3 percentage points vs 03-2025 05-2025: 4.2%▲ +0.5 percentage points vs 04-2025highest value 06-2025: 1.9%▼ -2.3 percentage points vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 2.0%▲ +0.1 percentage points vs 12-2025 02-2026: 0.8%▼ -1.2 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026lowest value 04-2026: 2.6%▲ +1.8 percentage points vs 03-2026 05-2026: 3.4%▲ +0.8 percentage points vs 04-2026 06-2026: 1.9%▼ -1.5 percentage points vs 05-2026 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 1.9%● unchanged vs 07-2026 09-2026: 1.9%● unchanged vs 08-2026 10-2026: 1.9%● unchanged vs 09-2026 11-2026: 1.9%● unchanged vs 10-2026

Financial strength
Average

0=equity -143.7% of total assets
39+22short-term debt 28.3% · cash 0.7%
100+2return on assets 32.9%

Score breakdown

raises risk
1 change of registered office in 24 months
Sector: Manufacture of furniture (NACE 31)
Negative equity -€267,559
lowers risk
Size: total assets €186,247
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 31, micro). It does better than 6% of them on solvency, 34% on liquidity, 95% on profitability and 72% 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 30-09-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 3,794 companies had the same profile as ORBEGIT has now. Each dot stands for 10 companies, two years later.

91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ORBEGIT itself: 1.9% 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 3,794 companies, not a prediction for ORBEGIT. 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

No credit on open account

Liquidity is ample, with a current ratio of 2.6 (1.17 in 2024), above the usual 1.5. Short-term debt is 28.3% and cash 0.7% of total assets. However, equity is negative.

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

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Manufacture of furniture (NACE 31)
KBO
raises risk · Negative equity -€267,559
NBB · annual accounts
lowers risk · Size: total assets €186,247
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 503 sector peers (2025).
NBB · sector comparison
Position among 503 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
1 day early
2022
4 days early
2021
1 day early
2020
on the day
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (5 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
30-09-2026 year end10-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BM
Director
DS
Director

Shares in 1 company, ALFAKO

Board & ownership

Recent changes

Registered office moved from Bruges to Knesselare New registered office: Stekelhoek 13, 9910 Knesselare · Previous registered office: Lange Molenstraat 1, 8200 Brugge · General meeting of 13-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0444059961
Registered office moved from Aalter to Bruges New registered office: Lange Molenstraat 1, 8200 Brugge (SintAndries) · Previous registered office: Stekelhoek 13, 9910 Aalter · Changes of role: Bryon Mario (director) and Derijcke Sofie (director) · General meeting of 04-01-2024 · Gazette deed
First establishment Stekelhoek 13, Aalter
All 45 events

Comparable companies

same main activity, similar in size and age
Company
ORBEGIT Aalter €186,247 €62,812 -143.7% -
ESPACE 3 Ecaussinnes €223,426 €61,258 21.9% -
FREJA CONCEPTS Merelbeke-Melle €231,337 €58,123 49.1% -
LUC LORMANS Antwerp €149,549 €109,468 36.4% -
Création-Ebénisterie FERON Anne Tournai €275,863 €82,836 57.3% 1.8
DUROCUB KEUKEN Lievegem €277,035 €101,872 -20.3% 1
HOUTHOOFD - DENORME Moorslede €180,704 €81,179 19.0% -

These companies have the same main activity as ORBEGIT: manufacture of furniture (NACE 31002). They are comparable in size and age: total assets between €150,000 and €277,000, founded between 1987 and 2001.

Official details

Source: KBO
Status
Active since 23-04-1991Normal situation
Activity
Manufacture of furnitureNACE 31002and 3 others
Joint committee
124Construction · annual accounts 30-09-2024
Establishment unit
2.053.065.6739910 Aalter, since 07-06-1991
Financial year end
30 September
Peppol
Reachable since 02-12-2025
Company details

Annual accounts to 30-09-2025

€62,812▲ 25.0%
€61,341▲ 26.6%
-€267,559▲ 18.7%
€186,247▼ 10.0%
Filing
Filed on 29-04-2026, 1 day before the end of the filing period
Financials

Insights on ORBEGIT

ORBEGIT files the micro format. That format states no turnover. The gross margin fell from €70,570 in 2006 to €62,812 in 2025.

The balance sheet grew most from 2007 to 2009 through fixed assets.

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

Financials

Annual accounts 2025

micro format, filed on 29-04-2026, 1 day before the deadline
€62,812
▲ 25.0%
€60,768
▲ 25.6%
€61,128
▲ 25.4%
€61,701
▲ 26.4%
-143.7%
▲ 15.3 percentage points
2.60
▲ 1.43

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

Turnover ≈ €190,000. Estimated: probably between €120,000 and €330,000.

Balance sheet

balance sheet total €186,247 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-143.7%

Higher than 5% of 503 companies in 2025.

2.60

Higher than 67% of 487 companies in 2025.

32.9%

Higher than 92% of 489 companies in 2025.

ORBEGIT Middle half of the sector 80% of the sector Micro accounts in furniture (NACE 31)

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

Staff

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

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201120102009200820072006
Balance sheet: assets
20/58 186,247206,902248,135316,128429,754560,706772,148767,589861,796896,642912,066784,543807,549532,571636,830742,686684,988386,875205,928
20 ------------------0
21/28 49,07949,43949,79950,15965,68781,65999,485118,096151,258189,048222,271260,732299,067205,778294,374400,649377,324223,20394,031
21 ------------------0
22/27 1,0791,4391,7992,15917,68733,65951,48570,096103,258141,048174,271212,732251,067157,778246,374350,949278,324124,20343,031
22 --------------5921,1841,7762,773810
23 -----1953919831,7511,5422,2141,1978909,26463,38695,416113,49213,2377,950
24 -----2482,0573,8666,61412,33612,61019,21022,78619,34331,34050,32657,28822,5764,627
26 1,0791,4391,7992,15917,68733,21649,03765,24794,893127,170159,447192,325227,391129,171151,056204,023105,76885,61724,318
27 ------------------0
28 48,00048,00048,00048,00048,00048,00048,00048,00048,00048,00048,00048,00048,00048,00048,00049,70099,00099,00051,000
29/58 137,168157,463198,336265,969364,067479,047672,663649,493710,538707,594689,795523,811508,482326,793342,456342,037307,664163,672111,897
29 ------------------0
290 ------------------0
291 ------------------0
3 9,30510,18235,16137,09037,966156,148220,327306,652421,656350,742346,388337,910294,400174,073166,513116,19399,16936,47552,631
30/36 9,30510,18235,16137,09037,966156,148220,327289,952336,193350,742329,782298,010294,400142,611166,51398,18399,16936,47552,631
37 -------16,70085,463-16,60639,900-31,462-18,010--0
40/41 123,008140,871146,312225,110322,464319,245437,864311,776279,892347,484321,952174,284190,885146,289160,644207,904197,584118,68750,276
40 92,942101,460109,331158,302158,930154,371298,423306,460254,576322,168296,636148,969165,569140,974147,592198,336171,323118,20248,920
41 30,06639,41136,98166,808163,534164,874139,4415,31625,31625,31625,31625,31525,3165,31513,0529,56826,2614851,356
50/53 ------------------0
54/58 1,2282,78313,2366610278,75386281196,46886214,9205265733395,4302,1512,022
490/1 3,6273,6273,6273,7033,6273,6275,71930,9798,9629,24914,98710,7558,2775,90514,72617,6015,4816,3596,968
Balance sheet: equity and liabilities
10/49 186,247206,902248,135316,128429,754560,706772,148767,589861,796896,642912,066784,543807,549532,571636,830742,686684,988386,875205,928
10/15 -267,559-328,900-377,358-356,071-270,202-125,515-1,722135,889178,442-41,072-51,713-61,762-43,025-13,97123,584-27,86670,983101,16675,744
10/11 162,500162,500162,500162,500162,500162,500162,500162,500162,500162,500162,500162,500162,500162,500162,50037,50037,50037,50037,500
100 ------162,500162,500162,500162,500162,500162,500162,500162,500162,50037,50037,50037,50037,500
101 ------------------0
11 ------------------0
1100/10 ------------------0
12 ------------------0
13 2,9822,9822,9822,9822,9822,9822,9822,9822,9822,3002,3002,3002,3002,3002,3002,30033,48345,05033,050
130/1 -682682682682682------------0
130 ------682682682-------3,7503,7503,750
1311 -682682682682682-------------
1312 ------------------0
1319 ------------------0
132 2,3002,3002,3002,3002,3002,3002,3002,3002,3002,3002,3002,3002,3002,3002,3002,30014,30014,3002,300
133 682---------------15,43327,00027,000
14 -433,041-494,382-542,840-521,553-435,684-290,997-167,204-29,59312,960-205,872-216,513-226,562-207,825-178,771-141,216-67,666-18,6165,194
15 ------------------0
19 ------------------0
16 ------------------0
160/5 ------------------0
168 ------------------0
17/49 453,806535,802625,493672,199699,956686,221773,870631,700683,354937,714963,779846,305850,574546,542613,246770,552614,005285,709130,184
17 400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,00031,39065,737228,526168,99836,37719,911
170/4 --------400,000400,000400,000400,000400,00031,39065,737103,52643,99836,37719,911
175 ------------------0
176 ------------------0
178/9 400,000400,000400,000400,000400,000400,000400,000400,000-------125,000125,000-0
42/48 52,739134,672224,408270,614298,380283,148370,798228,628280,284533,978557,150439,678447,447512,029543,717538,911438,185244,161110,272
42 ------------11,43834,34738,03658,66628,10112,1949,726
43 ----5,16422,00923,40824,55024,96923,224---99,631126,285127,205120,48647,4690
430/8 ----5,16422,00923,40824,55024,96923,224---99,631126,285127,205120,48647,4690
439 ------------------0
44 2,34517,69921,18921,14830,42545,84195,64970,630101,392128,518155,60057,743106,162104,125128,554190,849144,56083,87786,113
440/4 2,34517,69921,18921,14830,42545,84195,64970,630101,392128,518155,60057,743106,162104,125128,554190,849144,56083,87786,113
441 ------------------0
46 ------------------0
45 -3,2692,674--17,02512,4117,94725,46117,36216,2414,55120,49121,06921,01621,06526,81421,66814,434
450/3 -3,2692,674--17,02512,4117,94725,46117,36216,2414,55115,56414,8101,7664,07413,79320,84210,451
454/9 ------------4,9276,25919,25016,99113,0218263,983
47/48 50,394113,704200,545249,466262,791198,273239,330125,501128,462364,874385,309377,384309,356252,857229,826141,126118,22478,9530
492/3 1,0671,1301,0851,5851,5763,0733,0723,0723,0703,7366,6296,6273,1273,1233,7923,1156,8225,1710
Income statement
70 ------------------0
76A -----18,4391,000----5004,000251,073700--0
9900 62,81250,23429,658-27,523-6,544-41,355-104,10442,267279,61668,98966,96455,074173,55885,596109,989138,28892,208113,36470,570
60/61 ------------------0
62 -----------4,23582,81056,39484,077119,91136,3632,31725,717
630 36036036015,52815,97217,82622,20933,16240,00541,03040,44643,73380,15543,69974,92484,87569,43347,25521,630
631/4 87787724,614877118,182-20,210-5,66630,260----------0
635/8 ------------------0
640/8 80761955441,7802,0002,9713,3637,0485,2071,4042,53812,7732,5234,5033,0722,7663,7192,4312,717
649 ------------------0
66A -----77,428-----5472,202--3,000--0
9901 60,76848,3784,130-85,708-142,698-119,370-124,010-28,203234,40426,55523,980-5,6678,070-19,000-52,084-69,264-17,30761,36120,506
75/76B 616163--31131,101405157855541101892441,4963001,7987691
75 616163--31131,101405157855541101892441,4963001,7987691
65/66B 438325,4171611,9924,53614,70214,75515,04716,76913,98513,13339,11118,82424,03523,05014,6465,6462,294
65 438325,4171611,9924,53614,70214,75515,04716,76913,98513,13339,11118,82424,03523,05014,6465,6462,294
9903 61,34148,458-21,287-85,869-144,687-123,793-137,611-42,553219,51410,64110,049-18,737-29,054-37,555-73,550-94,314-30,15555,79118,303
67/77 ---------------4,5352810,3696,415
9904 61,34148,458-21,287-85,869-144,687-123,793-137,611-42,553219,51410,64110,049-18,737-29,054-37,555-73,550-98,849-30,18345,42211,888
789 ---------------12,000--0
689 -----------------12,0000
9905 61,34148,458-21,287-85,869-144,687-123,793-137,611-42,553219,51410,64110,049-18,737-29,054-37,555-73,550-86,849-30,18333,42211,888
Appropriation of the result
9906 -433,041-494,382-542,840-521,553-435,684-290,997-167,204-29,59313,642-205,872-216,513-226,562-207,825-178,771-141,216-86,849-11,56738,61612,194
14P -494,382-542,840-521,553-435,684-290,997--------------
791/2 ---------------19,18311,567-0
691/2 --------682---------7,000
691 ------------------0
6920 --------682---------0
6921 ------------------7,000
694/7 -----------------20,0000
694 ------------------0
695 -----------------20,0000
Social balance sheet
9087 -----------0.111.32.130.90.10.9
Hours worked1013 -----------1122,9201,8083,6605,2321,60011,672
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 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 29-04-2026.

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
30-09-2025 micro format 29-04-2026 2026-00103056 PDF
30-09-2024 micro format 30-04-2025 2025-00088507 PDF
30-09-2023 micro format 29-04-2024 2024-00079529 PDF
30-09-2022 micro format 26-04-2023 2023-00066034 PDF
30-09-2021 micro format 29-04-2022 2022-20013454 PDF
30-09-2020 abbreviated format 30-04-2021 2021-12500286 PDF
30-09-2019 abbreviated format 30-04-2020 2020-10400444 PDF
30-09-2018 abbreviated format 02-04-2019 2019-08700561 PDF
30-09-2017 abbreviated format 30-03-2018 2018-08200123 PDF
30-09-2016 abbreviated format 31-03-2017 2017-07700060 PDF
30-09-2015 abbreviated format 01-04-2016 2016-08300591 PDF
30-09-2014 abbreviated format 27-03-2015 2015-07300221 PDF
30-09-2013 abbreviated format 22-04-2014 2014-09300307 PDF
31-12-2011 abbreviated format 25-06-2012 2012-20000417 PDF
31-12-2010 abbreviated format 20-07-2011 2011-32200308 PDF
31-12-2009 abbreviated format 12-07-2010 2010-29400125 PDF
31-12-2008 abbreviated format 24-07-2009 2009-47900086 PDF
31-12-2007 abbreviated format 16-06-2008 2008-23400370 PDF
31-12-2006 abbreviated format 25-07-2007 2007-45200228 PDF
31-12-2005 abbreviated format 27-07-2006 2006-53200010 PDF
31-12-2004 abbreviated format 07-09-2005 2005-66400160 PDF
31-12-2003 abbreviated format 10-06-2004 2004-22804934 PDF
31-12-2002 abbreviated format 25-06-2004 2004-32600576 PDF
31-12-2001 abbreviated format 12-07-2002 2002-37502277 PDF
31-12-2000 abbreviated format 18-05-2001 2001-13500696 PDF
31-12-1999 abbreviated format 20-04-2000 2000-10502166 PDF
31-12-1998 abbreviated format 26-05-1999 1999-11800930 PDF
31-12-1997 abbreviated format 18-05-1998 1998-10101481 PDF
31-12-1996 abbreviated format 26-05-1997 1997-09302282 PDF
31-12-1995 abbreviated format 15-05-1996 1996-08604876 PDF
31-12-1994 abbreviated format 19-05-1995 1995-09000768 PDF
31-12-1993 abbreviated format 28-04-1994 1994-07100604 PDF
31-12-1992 abbreviated format 19-05-1993 1993-07902129 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201120102009200820072006
61,12848,7384,490-70,180-126,726-101,544-101,8014,959274,40967,58564,42638,06688,22524,69922,84015,61152,126108,61642,136
61,70148,818-20,927-70,341-128,715-105,967-115,402-9,391259,51951,67150,49524,99651,1016,1441,374-13,97439,25092,67733,518
0000003,59802,2157,8071,9855,945179,0603,12513,116168,000223,554176,42733,074
-1,555-10,45313,17056-17-8,7268,66758-91-6,3495,606-14,058--47234-5,0913,279129-
84,42922,791-26,072-4,64565,687195,899301,865420,865430,254173,616132,64584,13361,035-185,236-201,261-196,874-130,521-80,4891,625
-143.7%-159.0%-152.1%-112.6%-62.9%-22.4%-0.2%17.7%20.7%-4.6%-5.7%-7.9%-5.3%-2.6%3.7%-3.8%10.4%26.1%36.8%
2.601.170.880.981.221.691.812.842.541.331.241.191.140.640.630.630.700.671.01
2.421.090.730.851.091.141.221.501.030.670.620.420.480.300.320.420.480.520.54
-------4.653.83-----26.00-8.652.821.72
--------31.3%123.0%------311.9%--42.5%44.9%15.7%
32.9%23.4%-8.6%-27.2%-33.7%-22.1%-17.8%-5.5%25.5%1.2%1.1%-2.4%-3.6%-7.1%-11.5%-13.3%-4.4%11.7%5.8%
over 100over 1000.18-435.90-63.62--------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Insights on ORBEGIT

The operating result for 2025 is 26% higher than in 2024 and the highest since 2017. It is the fourth rise in a row, after the fall in 2021.

Equity is negative. Debt (€453,806) exceeds the balance-sheet total (€186,247).

Board & ownership

Board

2 directors, last change in 2024
Director (not named in the articles)
appointed by deed of 11-01-2024 term without a fixed end
earlier manager (not named in the articles), until 11-01-2024
listed in the 2024 annual accounts, filed on 30-04-2025
Director (not named in the articles)
appointed by deed of 11-01-2024 term without a fixed end
earlier manager (not named in the articles), until 11-01-2024
listed in the 2024 annual accounts, filed on 30-04-2025
1 other company bankrupt

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Bryon Mario
Director (not named in the articles)
Derijcke Sofie
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • Bryon Mario
    • Director (not named in the articles), since before 30-09-2021
    • Manager (not named in the articles), until 11-01-2024
  • Derijcke Sofie
    • Director (not named in the articles), since before 30-09-2021
    • Manager (not named in the articles), until 11-01-2024

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

Control

Capital

Contribution
€162,500
Source
2025 annual accounts

Articles of association

deed of 11-01-2024 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Algemene kosten,los van representatie-,reis- en verplaatsingskosten, onbezoldigd,tenzij algemene vergadering anders bepaalt met absolute…”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Helft overdrager en helft koper(s) naar evenredigheid indien meer dan één koper, vermelde prijs of bij betwisting door deskundige”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of February at 20:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Onverminderd recht algemene vergadering om één of meerdere vereffenaars aan te duiden,bevoegdheden te omlijnen en vergoeding te bepalen”

The directors' other companies

1 current director with another company that went bankrupt, was dissolved or struck off

1 other company of this director went bankrupt.

  • EXQUISE bankruptcy according to the KBO registerappointed in 2019, still in office

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Network & group

Holdings

own accounts to 30-09-2024, the bar shows equity in euros
This companyORBEGIT1 holding, 1 country accounts to 30-09-2024

Belgium 1 Equity Result

  • BE ALFAKO32% €4,240 result -€40,190

Source: list of holdings in its own 30-09-2024 accounts. Every holding stands with its own latest accounts.

At the same address

Stekelhoek 13, 9910 Aalter · 1 other company
Vogcap
registered office since 23-12-1988 · founded in 1968
total assets €3.2m (2025)
0400.187.950

Earlier ties

EXQUISE
via Derijcke Sofie, no longer at EXQUISE · Director (not named in the articles) · deed of 08-11-2019
Open bankruptcy · founded in 2019
total assets €233,183 (2021)

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2006 to 2024
Holdings through the years
Name200620072008200920102011201320142015201620172018201920202021202220232024
ALFAKO 32%
BRYON 13%1%

Source: list of holdings in its own accounts

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

45 events since 1991

Deadline for the 2026 accounts: 30-04-2027

2026
Annual accounts 2025 filed PDFmicro format · 1 day before the deadline
Registered office moved from Bruges to KnesselareNew registered office: Stekelhoek 13, 9910 Knesselare · Previous registered office: Lange Molenstraat 1, 8200 Brugge · General meeting of 13-02-20262 points ▸
  • General meeting, 13-02-2026
  • Registered-office move, Stekelhoek 13, 9910 Knesselare

Open the deed in the Belgian Official Gazette

2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0444059961
Liquidity more than doubled current ratio 2.60 The current ratio rises from 1.17 to 2.60. Short-term debt falls from €134,672 to €52,739.
Annual accounts 2024 filed PDFmicro format · on the deadline day
2024
Back to profit net €48,458 The net result is €48,458, after 6 loss-making years.
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
Registered office moved from Aalter to BrugesNew registered office: Lange Molenstraat 1, 8200 Brugge (SintAndries) · Previous registered office: Stekelhoek 13, 9910 Aalter · Changes of role: Bryon Mario (director) and Derijcke Sofie (director) · General meeting of 04-01-20249 points ▸
  • General meeting, 04-01-2024
  • Director resignation, Bryon Mario (manager (not named in the articles))
  • Director resignation, Derijcke Sofie (manager (not named in the articles))
  • Director appointment, Bryon Mario (director (not named in the articles))
  • Director appointment, Derijcke Sofie (director (not named in the articles))
  • 3,250 shares
  • Registered-office move, Lange Molenstraat 1, 8200 Brugge (SintAndries)
  • Power of attorney, Bryon Mario
  • Power of attorney, Derijcke Sofie
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 4 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 1 day before the deadline
2021
Weakest financial year net -€144,687 The net result drops to -€144,687, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFabbreviated format · on the deadline day
2020
Annual accounts 2019 filed PDFabbreviated format · on the deadline day
2019
Annual accounts 2018 filed PDFabbreviated format · 28 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 31 days before the deadline
2017
Highest result from 2006 to 2025 net €219,514 ▲1,963% The operating result of €234,404 and the net result of €219,514 are both a record.
Equity above €150,000 equity €178,442 After 3 profitable years in a row, equity reaches €178,442.
Annual accounts 2016 filed PDFabbreviated format · 30 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 29 days before the deadline
2015
Back to profit net €10,049 The net result is €10,049, after 6 loss-making years.
Annual accounts 2014 filed PDFabbreviated format · 34 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 8 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 36 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 11 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 19 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 7 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 45 days before the deadline
2007
Equity above €100,000 equity €101,166 ▲33.6% With a profit in every financial year since 2006, equity grows to €101,166.
Annual accounts 2006 filed PDFabbreviated format · 6 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2002 filed PDFabbreviated format
Annual accounts 2003 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1991
First establishment Stekelhoek 13, Aalter
Incorporation published on 22-05-1991

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 23 April 1991, ORBEGIT was incorporated.1 The registered office moved to Bruges in 2024 and to Knesselare in 2026.23 Total assets went from €772,148 in 2019 to €186,247 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-01-2024
  3. 3Belgian Official Gazette, 06-03-2026
  4. 4National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0444.059.961
VAT number
BE 0444.059.961
Peppol ID
0208:0444059961
Other Peppol ID
9925:BE0444059961
Legal form
Private limited company
Status
Active, normal situation
Founded
23-04-1991
Financial year
ends on 30 September
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of February at 20:00
deed of 11-01-2024 (in Dutch)
Peppol
Reachable since 02-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ORBEGIT in Dutch
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 11-01-2024 (in Dutch)

Activities

NACEBEL 2025
31002 Manufacture of furniture main activity
Joint committees annual accounts 30-09-2024
JC 124 Construction
Codes under NACEBEL 2008
31020 Manufacture of furniture main activity
31091 Manufacture of furniture
46660 Wholesale trade
74103 Other professional, scientific and technical activities
Codes under NACEBEL 2003
51850 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De aankoop,verkoop,verhuring en in leasing geven van computersoftware en -hardware en bijhorende apparatuur in al zijn facetten; Het geven…”
13 activities
  1. De aankoop,verkoop,verhuring en in leasing geven van computersoftware en -hardware en bijhorende apparatuur in al zijn facetten.
  2. Het geven en organiseren van lessen en cursussen in software en het geven van demonstraties en het ter beschikking stellen van vergaderruimten.
  3. Het kopen,verkopen,huren,verhuren en in leasing geven van onroerende goederen.
  4. Het uitoefenen van bestuursfuncties in en het verlenen van diensten inzake advies en bijstand op het gebied van management,administratieve- en bedrijfsorganisaties,secretariaat,marketing,promotie,planning,ontwikkeling,en dergelijke aan ondernemingen,vennootschappen,beroepsgroeperingen en verenigingen;zij mag eveneens diensten verlenen op het vlak van onderhoud van gebouwen,lokalen,installaties,machines en uitrusting.
  5. Het verrichten van alle landbouw-,tuinbouw en bosbouwactiviteiten en het verstrekken van alle aanverwante diensten,dit alles overeenkomstig de nomenclatuur van de handelswerkzaamheden.
  6. Het vervaardigen en plaatsen van keuken- en badkamerinstallaties en -meubelen,alsook alle handelsverrichtingen in verband met deze producten en met de grondstoffen,hulpstoffen,benodigdheden,bijhorende toestellen ervan of eraan verwant;het uitvoeren van schrijn- en timmerwerk allerhande,alle verrichtingen in verband met machines,toestellen,gereedschappen,installaties en inrichtingen nodig of nuttig bij de hoger vermelde activiteiten.
  7. Algemeen aannemer,meer in het bijzonder het in naam en voor rekening van derden oprichten,verbouwen,laten bouwen of verbouwen en onderhouden van gebouwen;alle verrichtingen die rechtstreeks of onrechtstreeks in verband staan met bouwpromotie en realisatie van onroerend goed projecten in coördinatie met onderaannemers.
  8. Vervaardiging en installaties van koelinrichtingen en -eenheden voor huishoudelijke,-commerciële of industriële toepassingen.
  9. Het plaatsen en herstellen van centrale verwarmingsinstallaties,gastoestellen voor verwarming,artikelen en apparaten voor sanitair gebruik;klimaatregelingsinstallaties waarvoor alleen water of lucht wordt gebruikt als koelmiddel;
  10. Het herstellen van elektrische toestellen,het plaatsen en herstellen van alle elektrische installaties voor stroomvoorziening,verlichting,lichtreclame,verwarming,klimaatregeling,domotica,communicatie,signalisation,opname en weergave van beelden of geluiden en voor beveiliging tegen overspanning,brand of diefstal,dit alles overeenkomstig de nomenclatuur van de handelswerkzaamheden.
  11. De handel in en de exploitatie van vliegtuigen,huur en verhuur van vliegtuigen,verlening van diensten die verband houden met de uitbating van vliegscholen.
  12. Het verrichten van alle activiteiten die behoren tot de print en signalisatiebranche zoals het grafisch ontwerpen van logo’s,affiches,folders en brochures,reclame voor wagens,winkelramen en dergelijke;het realiseren,leveren en plaatsen van computer gesneden letters en logo’s in zelfklevende folie of gelijkaardig materiaal,voor publicitaire en andere toepassingen;het digitaal printen van full-colorprints voor diverse toepassingen;de aan- en verkoop van signalisatieartikelen en toebehoren.
  13. Het ontwerpen en bouwen standen voor beurzen of decoratieve elementen voor winkelinrichting.
deed of 11-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Stekelhoek 13 registered office 9910 Aalter 43211 General electrical installation work 07-06-1991 2.053.065.673
2 former offices
  • Lange Molenstraat 1, 8200 Brugge until 23-02-2026 · deed of 06-03-2026
  • 9910 Aalter until the deed of 11-01-2024

Buildings and parcels at the address

Ground area
2,391 m²
Buildings
253 m²
Volume, LiDAR
1,026 m³
Tallest building
6.1 m
Buildings to scale, each on its own parcel
252 m², 6.1 m 252 m², 6.1 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
44029C0733/00G0002,391 m² 1 · 252 m² 6.1 m · 1