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Orbit

Active Private limited companyfounded 2023active for 2 yearsPriester Daensplein 4, 9300 AalstKBO/BCE: BE 1002.687.020

Lifetime

2 annual accounts with figures on one time axis
peak €77,198 (2025)
€77,198▲ 66.4%
lowest -€12,970 (2024)
-€2,808▲ €10,162
peak -€2,970 (2024)
-€5,779▼ €2,808
€64,879▲ 26.2%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Gross margin from €46,407 to €77,198Loss of €2,808Equity from -€2,970 to -€5,779Debts from €51,424 to €64,879Cash from €12,787 to €21,528

Key points

from the 2025 annual accounts

Equity

-€5,779
20242025

Debts exceed assets in financial year 2025.

Losses

-€15,779 in two years
-12,9702024-2,8082025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Debts

€64,879 110% of the balance sheet
Suppliers 7%Taxes and wages 12%Other 81%
2025 accounts filed 17 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,556 companies had the same profile as Orbit has now. Each dot stands for 4 companies, two years later.

91.3%
were still trading
3.8%
stopped another way
4.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 1,556 companies, not a prediction for Orbit. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 60 sharesdeed of 29-11-2023
  • 40 sharesdeed of 29-11-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1002687020
Incorporation Founding capital of €10,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 29-11-2023 · Gazette deed
First establishment Priester Daensplein 4, Aalst
All 5 events

Comparable companies

same main activity, similar in size and age
Company
Orbit Aalst €59,100 €77,198 -9.8% -
Bilaba Antwerp €57,840 €77,603 -45.7% -
ADELINA Liège €58,774 €70,985 8.2% -
AFGHAN PALACE Antwerp €61,176 €69,597 27.6% -
Bar Pistolé Schilde €61,561 €79,993 55.9% -
Brasserie Staf Gistel €62,200 €78,174 10.5% 2.2
ASGB Wildeman Herent €55,327 €69,860 43.3% -

These companies have the same main activity as Orbit: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €55,300 and €62,200, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 27-11-2023Normal situation
Activity
Full-service restaurantsNACE 56111and 1 other
Establishment unit
2.353.769.9309300 Aalst, since 27-11-2023
Financial year end
31 December
Peppol
Reachable since 26-11-2025
Company details

Annual accounts 2025

≈ €250,000estimated
€59,100▲ 22.0%
≈ 2.1 FTEestimated
Filing
Filed on 17-08-2026
Financials

Insights on Orbit

The 2025 annual accounts show negative equity (-€5,779) and a net result of -€2,808. Its solvency ranks better than 22% of 18,509 sector peers (NACE 56, financial year 2025).

The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Orbit

What is the company number of Orbit?
The company number of Orbit is 1002.687.020. The VAT number is the same number with BE in front: BE 1002.687.020.
Where is Orbit based?
The registered office is at Priester Daensplein 4, 9300 Aalst.Company details
What does Orbit do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Orbit?
Orbit is a private limited company (BV).
When was Orbit founded?
Orbit was founded on 27-11-2023.
Is Orbit still active?
Yes, Orbit is an active enterprise in the KBO register.
What is the turnover of Orbit?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €77,198 and 72 comparable companies (NACE 56111). It probably lies between €210,000 and €330,000.Financials
Is Orbit profitable?
In financial year 2025, Orbit made a loss of €2,808.
Where can I find the annual accounts of Orbit?
Orbit filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Orbit due?
Orbit must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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