ORBIT
A bankruptcy procedure is open for ORBIT according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-426k) and a net result of €-592k.
| Equity | €-426k |
| Net result | €-592k |
| Staff (FTE) | 17.5 |
| Better than sector | 12% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -12.3% | 29.6% | |
| Net result | €-592k | €9k | |
| Equity | €-426k | €44k | |
| Staff costs | €1.23M | €201k | |
| Total assets | €3.46M | €181k |
Show 15 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | €4.81M |
| EBITDA | €-441k |
| Net profit | €-592k |
| Cash flow | €-533k |
| Staff costs | €1.23M |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €3.46M |
| Equity | €-426k |
| Debt | €3.89M |
| of which ≤ 1y | €3.55M |
| of which > 1y | €231k |
| Working capital | €-284k |
| Employees (FTE) | 17.5 |
| 2023 | |
|---|---|
| Current ratio | 0.92 |
| Quick ratio | 0.45 |
| Working capital ratio | -8.2% |
| Solvency | -12.3% |
| Debt / equity | -9.13 |
| Long-term debt ratio | -0.54 |
| Interest coverage | -5.40 |
| Gross margin | 57.0% |
| Net margin | -12.3% |
| ROA | -17.1% |
| ROE | 139.0% |
| EBITDA margin | -9.2% |
| Days sales outstanding | 56d |
| Days payable outstanding | 131d |
| Inventory turnover | 1.22 |
| Days inventory (DSI) | 298d |
Full annual accounts (26 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.46M |
| Fixed assets | 21/28 | €194k |
| Intangible fixed assets | 21 | €19k |
| Tangible fixed assets | 22/27 | €139k |
| Financial fixed assets | 28 | €35k |
| Current assets | 29/58 | €3.27M |
| Stocks & contracts in progress | 3 | €1.69M |
| Amounts receivable within one year | 40/41 | €1.30M |
| Cash & bank | 54/58 | €245k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.46M |
| Equity | 10/15 | €-426k |
| Contributions / capital | 10/11 | €162k |
| Reserves | 13 | €16k |
| Accumulated profits (losses) | 14 | €-604k |
| Amounts payable | 17/49 | €3.89M |
| Amounts payable after one year | 17 | €231k |
| Amounts payable within one year | 42/48 | €3.55M |
| Trade debts payable within one year | 44 | €740k |
| Income statement | ||
| Turnover | 70 | €4.81M |
| Operating result | 9901 | €-499k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €92k |
| Result before taxes | 9903 | €-590k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-592k |
| Result to be appropriated | 9905 | €-592k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MAARTEN VINCKIER HOOGLEEDSE-
STEENWEG 7, 8800 ROESELARE |
22-10-2024 → present | Belgian State Gazette |
| Curator | NICOLAAS VINCKIER HOOGLEEDSESTEENWEG 7, 8800 ROESE-
LARE |
22-10-2024 → present | Belgian State Gazette |
| NACE primary | Vervaardiging van verlichtingsapparaten(27402) |
| Legal form | Public limited company(014) |
| Incorporation | 17-04-1989 |
| Status | Active |
| Postal code | 8800 |
| First insolvency signal | 28-10-2024 |
| Latest insolvency signal | 28-10-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505B0902/00G000 | Flanders | 7,707 m² | 1 · 7,226 m² | 8.8 m · 2 fl. |
| 46018A0182/00F002 | Flanders | 335 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
14-02-2024 Registered office moved from Rupelmonde to Roeselare
- Gelaagstraat 53A, 9150 Rupelmonde → Beversesteenweg 565 te 8800 Roeselare
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Beversesteenweg 565 te 8800 Roeselare",
"city": "Roeselare",
"region": "vlaams_gewest",
"street": "Beversesteenweg",
"country": "BE",
"postcode": "8800",
"box_number": null,
"street_number": "565",
"locality_suffix": null
},
"old_address": {
"raw": "Gelaagstraat 53A, 9150 Rupelmonde",
"city": "Rupelmonde",
"region": "vlaams_gewest",
"street": "Gelaagstraat",
"country": "BE",
"postcode": "9150",
"box_number": null,
"street_number": "53A",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-02-14",
"filing_date": "2024-02-05",
"act_kind_objet": "Zetelverplaatsing"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2023-11-30",
"unanimous": true
},
"subject_company": {
"kbo": "0437.507.414",
"name_full": "Orbit",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Filip Staelens",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}23-01-2024 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "Lars HANSEN",
"firm_city": null,
"firm_name": "Deckers Notarissen",
"office_city": "Antwerpen",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-23",
"filing_date": "2024-01-19",
"act_kind_objet": "STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-12-19",
"unanimous": null
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment"
],
"scope": "full_restatement",
"trigger": "wvv_adaptation",
"language_after": "nl",
"language_before": "nl"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0437.507.414",
"name_full_after": "ORBIT",
"legal_form_after": "Naamloze vennootschap",
"name_full_before": "ORBIT",
"current_zetel_raw": "Gelaagstraat 53 A 9150 Kruibeke",
"legal_form_before": "Naamloze vennootschap"
},
"special_mandates": [],
"articles_modified": [
{
"summary": "Aandelen vanaf 1 januari 2014 worden op naam ingeschreven.",
"new_text": null,
"change_kind": "amended",
"article_title": null,
"article_number": "1"
},
{
"summary": "De statuten worden aangepast aan de bepalingen van het Wetboek van vennootschappen.",
"new_text": null,
"change_kind": "amended",
"article_title": null,
"article_number": "2"
},
{
"summary": "Volledig nieuwe statuten worden aangenomen zonder wijziging in het voorwerp, behalve de vervanging van de term \u2018(maatschappelijk) doel\u2019 door \u2018voorwerp\u2019.",
"new_text": null,
"change_kind": "amended",
"article_title": null,
"article_number": "3"
},
{
"summary": "Het adres van de zetel is gevestigd te 9150 Kruibeke, Gelaagstraat 53 A.",
"new_text": null,
"change_kind": "amended",
"article_title": null,
"article_number": "4"
}
],
"governance_change": {
"organ_kind_after": "rvb",
"organ_kind_before": null,
"admin_delegated_added": [],
"representation_rule_after": "twee_gezamenlijk",
"co_signature_threshold_eur": null,
"representation_rule_before": null
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Lars HANSEN",
"org_rep_person_name": null
},
"co_filed_documents": [
"afschrift van de akte",
"geco\u00F6rdineerde tekst van de statuten en historiek van de statutenwijzigingen"
],
"shareholder_rights": null,
"voorwerp_change_summary": "De term \u2018(maatschappelijk) doel\u2019 is vervangen door \u2018voorwerp\u2019.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}| Legal nameNL | ORBIT |