Equity
-€9,424
Debts exceed assets in financial year 2025.
ORBIT SERVICES
Overview
Lifetime
1 annual account with figurespeak €51,021 (2025)
€51,021
peak €23 (2025)
€23
peak -€9,424 (2025)
-€9,424
€41,446
Board1 name since 2024
1 directorMOHAMMAD Pervaiz
Documentsfilings and deeds
31-08-202631 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€41,446 129% of the balance sheet
Suppliers 5%Taxes and wages 9%Other 86%
Position in the sector
-29.4%
Lower solvency than 85% of companies in retail trade. Sector median 33.1% · 22,924 companies.
2025 accounts filed 31 days after the deadline
Checked score
47
Fair
Financially stronger than 19% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 1.9%lowest value
05-2025: 1.9%● unchanged vs 04-2025lowest value
06-2025: 1.9%● unchanged vs 05-2025
07-2025: 2.3%▲ +0.4 percentage points vs 06-2025
08-2025: 2.4%▲ +0.1 percentage points vs 07-2025
09-2025: 2.7%▲ +0.3 percentage points vs 08-2025
10-2025: 2.7%● unchanged vs 09-2025
11-2025: 3.0%▲ +0.3 percentage points vs 10-2025
12-2025: 3.0%● unchanged vs 11-2025
01-2026: 2.9%▼ -0.1 percentage points vs 12-2025
02-2026: 3.1%▲ +0.2 percentage points vs 01-2026
03-2026: 3.3%▲ +0.2 percentage points vs 02-2026
04-2026: 3.3%● unchanged vs 03-2026
05-2026: 3.3%● unchanged vs 04-2026
06-2026: 3.3%● unchanged vs 05-2026
07-2026: 3.3%● unchanged vs 06-2026
08-2026: 3.3%● unchanged vs 07-2026
09-2026: 3.8%▲ +0.5 percentage points vs 08-2026
10-2026: 3.8%● unchanged vs 09-2026highest value
11-2026: 3.7%▼ -0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Negative equity -€9,424
Sector: Retail trade (NACE 47)
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 47, micro). It does better than 6% of them on solvency, 10% on liquidity and 40% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
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, 516 companies had the same profile as ORBIT SERVICES has now. Each dot stands for 2 companies, two years later.
91.9%
were still trading
2.5%
stopped another way
4.5%
went bankrupt
Another 1.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ORBIT SERVICES itself: 3.7% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 516 companies, not a prediction for ORBIT SERVICES. 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 insufficient, with a current ratio of 0.77, below 1. Short-term debt is 129.4% and cash 7.2% of total assets. Equity is negative.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 22924 sector peers (2025).
NBB · sector comparisonPosition among 22924 sector peers
Solvency
better than 15%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007746955
Incorporation
Founding capital of €10,000, 100 shares · Founder: MOHAMMAD Pervaiz · Appointment: MOHAMMAD Pervaiz (director) · published on 02-04-2024 · Gazette deed
First establishment
Elsense Steenweg 286, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ORBIT SERVICES Ixelles | €51,021 | 0.4% | -29.4% | - |
| JM PRODUCTION Braine-le-Château | - | - | 11.6% | - |
| INSURAX Hasselt | - | - | -73.9% | - |
| L'ORANAISE Liège | - | - | 9.0% | - |
| PHONE-FXR Aalst | - | - | 18.1% | - |
| YOUR PHONE Ixelles | €35,651 | -32.0% | -53.3% | - |
| HSM GROUP Schaerbeek | - | - | -67.2% | - |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ORBIT SERVICES: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €19,100 and €45,900, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 28-03-2024Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400and 4 others
- Establishment unit
- 2.359.252.6081050 Ixelles, since 28-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 12-05-2025
Insights on ORBIT SERVICES
The computed 12-month bankruptcy probability of ORBIT SERVICES is 3.7% (moderate). The 2025 annual accounts show negative equity (-€9,424) and a net result of €23.
Its solvency ranks better than 15% of 22,924 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late€51,021
€179
€1,179
€1,023
-29.4%
0.77
Money flows
of every €100 of turnover, €0.04 remains as profit in 2025Balance sheet
balance sheet total €32,022 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
-29.4%
Higher than 15% of 22,924 companies in 2025.
0.77
Higher than 22% of 22,052 companies in 2025.
0.1%
Higher than 34% of 22,202 companies in 2025.
ORBIT SERVICES
Middle half of the sector
80% of the sector
Micro accounts in retail trade (NACE 47)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
32,022 | |
29/58 |
32,022 | |
3 |
4,200 | |
30/36 |
4,200 | |
40/41 |
25,518 | |
40 |
25,518 | |
54/58 |
2,304 | |
| Balance sheet: equity and liabilities | ||
10/49 |
32,022 | |
10/15 |
-9,424 | |
10/11 |
10,000 | |
14 |
-19,424 | |
17/49 |
41,446 | |
42/48 |
41,446 | |
44 |
1,941 | |
440/4 |
1,941 | |
46 |
26,248 | |
45 |
3,744 | |
450/3 |
3,744 | |
47/48 |
9,513 | |
| Income statement | ||
70 |
51,021 | |
9900 |
1,179 | |
60/61 |
49,842 | |
630 |
1,000 | |
9901 |
179 | |
65/66B |
156 | |
65 |
156 | |
9903 |
23 | |
9904 |
23 | |
9905 |
23 | |
| Appropriation of the result | ||
9906 |
-19,424 | |
14P |
-19,447 | |
| Document | ||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00483979.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00483979 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 1,179 | ||
| 1,023 | ||
| -9,424 | ||
| 0.4% | ||
| -29.4% | ||
| 0.77 | ||
| 0.67 | ||
| 0.1% | ||
| 7.57 | ||
| 183 days | ||
| 14 days |
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 ORBIT SERVICES
Equity is negative. Debt (€41,446) exceeds the balance-sheet total (€32,022).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 02-04-2024
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”deed of 02-04-2024
Mandates through the years
1 name, the dashed line is todayMOHAMMAD Pervaiz
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- MOHAMMAD Pervaiz
- Director (not named in the articles), appointed by deed of 02-04-2024, still in office
Control
Capital
- Contribution
- €10,000
- Shares
- 100
- Contribution per share
- €100
- Equity per share
- -€94.24 in 2025
- Source
- deed of 02-04-2024
Articles of association
deed of 02-04-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Organe d’administration, assemblée qui nomme”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 02-04-2024 ↗
- MOHAMMAD Pervaiz 100 shares (100%) · €10,000 in cash
Network & group
No group
ORBIT SERVICES has no parent and no holdings in its annual accounts. MOHAMMAD Pervaiz is the only director. ORBIT SERVICES shares no director with another company.
At the same address
Elsense Steenweg 286, 1050 Ixelles · 2 other companies| Association des copropriétaires de l'immeuble IXELLES 286, sis à Ixelles chaussée d'Ixelles 286
registered office since 04-10-2018 |
founded in 2018 0717.850.676 |
| Do, Manh (sole trader)
establishment since 01-01-1982 |
founded in 1982 0857.528.104 |
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007746955
2024
IncorporationFounding capital of €10,000, 100 shares · Founder: MOHAMMAD Pervaiz · Appointment: MOHAMMAD Pervaiz (director) · published on 02-04-20246 points ▸
- Founder, MOHAMMAD Pervaiz
- Founding capital, €10,000, 100 shares
- 100 shares
- Registered office clause, chaussée d'Ixelles 286, 1050 Ixelles
- Board rule, 1
- Director appointment, MOHAMMAD Pervaiz (director (not named in the articles))
- The deed holds 3 more points.
First establishment Elsense Steenweg 286, Ixelles
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1007.746.955
- VAT number
- BE 1007.746.955
- Peppol ID
- 0208:1007746955
- Other Peppol ID
- 9925:BE1007746955
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 28-03-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00deed of 02-04-2024 (in French)
- Peppol
- Reachable since 12-05-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ORBIT SERVICES in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 02-04-2024 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 02-04-2024 (in French)
Activities
NACEBEL 202547400
Retail sale of information and communication equipment main activity
Codes under NACEBEL 2008
47420
Retail trade main activity
47540
Retail trade
61900
Telecommunications
66199
Activities auxiliary to financial services and insurance activities
95120
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Le commerce en gros et détail de matériels informatiques et de télécommunication en magasins spécialisés ainsi que la réparation; Envoi de…”deed of 02-04-2024 (in French)
5 activities
- Le commerce en gros et détail de matériels informatiques et de télécommunication en magasins spécialisés ainsi que la réparation.
- Envoi de fonds – Ria – Western Union -Moneygram.
- Tous appareils électroménagers.
- Cours d’informatique,assistance en logiciels informatiques,conseils et assistance dans le domaine de l’informatique,tous matériaux de bureau et de l’informatique.
- L’installation d’appareil électrique,électronique ainsi que de satellite.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Elsense Steenweg 286 registered office 1050 Ixelles | 28-03-2024 | 2.359.252.608 |
Buildings and parcels at the address
- Ground area
- 102 m²
- Buildings
- 79 m²
- Volume, LiDAR
- 935 m³
- Tallest building
- 15.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21443A0277/00N007 | 102 m² | 1 · 79 m² | 15.3 m · 4 |