ORBITECH
ActiveFrom the official registers: KBO 24 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
ORBITECH has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €281,271 and a net result of €38,889, of which €32,500 non-recurring income. Equity has been stable since 2019 (±2.5% per year). Its solvency ranks better than 73% of 11,760 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 12-10-2000 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121
- Establishment unit
- 2.099.885.890 9140 Temse, since 06-11-2000
- Financial year end
- 30 June
- Peppol
- Reachable since 25-11-2024
Board and ownership
- Linda BOLLAERTDirector · since 28-09-2001
- Johan AERTSDirector
- Holdings
- Shares in 1 company SUNRENTING
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €97,646
- ▲ 18.2%
- Turnover
- ≈ €210,000
- estimated
- Profit
- €38,889
- ▲ 48.7%
- Equity
- €281,271
- ▲ 9.4%
- Total assets
- €373,887
- ▲ 11.5%
Score breakdownlowers riskLiquidity: current ratio 2.60, cash €85,513Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €281,271 (75.2% of total assets)Size: total assets €373,887Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro). It does better than 87% of them on solvency, 67% on liquidity, 51% on profitability and 56% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-12-2025 PDF all 24 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 42% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Mortgages, amount registered | €385,000 | €385,000 | €385,000 | €385,000 |
| Carrying value of the mortgaged assets | €201,796 | €166,279 | €206,790 | €125,209 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €3,696 | - | €96,270 | €87,644 |
| Depreciation and write-downs of the year | €53,503 | €40,390 | €39,665 | €39,281 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as ORBITECH: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €336,000 and €392,000, founded between 1997 and 2002.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| ORBITECH Temse | 2000 | €373,887 | €281,271 | €97,646 | €38,889 | 2025 |
| aCDI Gent | 1998 | €381,737 | €261,677 | €103,408 | €36,660 | 2025 |
| SWM CONSULTING Mol | 2002 | €363,825 | €206,665 | €103,147 | €50,041 | 2025 |
| KLS TEC Oudsbergen | 1999 | €386,503 | -€15,105 | €87,280 | €1,687 | 2025 |
| ISABELLE GOOSSENS Schoten | 2001 | €336,381 | €238,536 | €91,705 | €63,839 | 2025 |
| PROgroup BELGIUM Brussel | 2002 | €336,639 | €200,251 | €92,135 | -€9,232 | 2025 |
| Corrosion Protection Consultants Antwerpen | 1997 | €392,152 | €216,560 | €95,711 | €87,582 | 2025 |
They were chosen from the 6,768 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as ORBITECH has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ORBITECH itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 31,368 companies, not a prediction for ORBITECH. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €20,365 | €32,500 | ▲ 59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63,086 | €51,383 | €52,626 | €53,503 | €40,390 | €39,665 | €39,281 | ▼ 1.0% |
| Other operating charges640/8 | - | - | - | €1,633 | €1,736 | €1,923 | €1,965 | ▲ 2.1% |
| Non-recurring operating charges66A | - | - | - | - | - | €2,053 | €1,017 | ▼ 50.4% |
| Gross operating margin9900 | €89,567 | €96,635 | €52,615 | €47,730 | €75,376 | €82,593 | €97,646 | ▲ 18.2% |
| Operating profit (loss)9901 | €23,691 | €42,893 | -€2,024 | -€7,406 | €33,250 | €38,952 | €55,383 | ▲ 42.2% |
| Financial income75/76B | - | - | - | €620 | €440 | €654 | €664 | ▲ 1.4% |
| Recurring financial income75 | €5,592 | €5,336 | €783 | €620 | €440 | €654 | €664 | ▲ 1.4% |
| Financial charges65/66B | - | - | - | €1,949 | €1,830 | €2,337 | €2,903 | ▲ 24.2% |
| Recurring financial charges65 | €3,404 | €3,083 | €2,545 | €1,949 | €1,830 | €2,337 | €2,903 | ▲ 24.2% |
| Profit (loss) for the period before taxes9903 | €25,879 | €45,146 | -€3,786 | -€8,735 | €31,860 | €37,270 | €53,143 | ▲ 42.6% |
| Income taxes67/77 | €11,049 | €5,860 | €5,666 | €724 | €9,376 | €11,111 | €14,253 | ▲ 28.3% |
| Profit (loss) for the period9904 | €14,830 | €39,287 | -€9,451 | -€9,459 | €22,484 | €26,159 | €38,889 | ▲ 48.7% |
| Profit (loss) for the period to be appropriated9905 | €14,830 | €34,598 | €9,966 | -€9,459 | €22,484 | €26,159 | €38,889 | ▲ 48.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €434,755 | €512,724 | €441,830 | €375,110 | €354,668 | €335,438 | €373,887 | ▲ 11.5% |
| Fixed assets21/28 | €221,207 | €321,690 | €274,369 | €224,563 | €184,173 | €221,899 | €269,245 | ▲ 21.3% |
| Tangible fixed assets22/27 | €210,127 | €311,530 | €264,209 | €214,403 | €174,013 | €211,739 | €259,085 | ▲ 22.4% |
| Land and buildings22 | - | - | - | €143,497 | €136,315 | €130,762 | €125,209 | ▼ 4.2% |
| Furniture and vehicles24 | - | - | - | €70,906 | €37,698 | €80,977 | €133,875 | ▲ 65.3% |
| Financial fixed assets28 | €11,080 | €10,160 | €10,160 | €10,160 | €10,160 | €10,160 | €10,160 | = |
| Current assets29/58 | €213,548 | €191,034 | €167,461 | €150,547 | €170,495 | €113,539 | €104,642 | ▼ 7.8% |
| Amounts receivable within one year40/41 | €44,921 | €22,077 | €37,954 | €35,907 | €17,961 | €16,297 | €18,883 | ▲ 15.9% |
| Trade receivables40 | - | - | - | €24,037 | €10,865 | €12,040 | €17,805 | ▲ 47.9% |
| Other amounts receivable41 | - | - | - | €11,870 | €7,097 | €4,257 | €1,079 | ▼ 74.7% |
| Cash at bank and in hand54/58 | €166,627 | €162,915 | €129,507 | €112,245 | €152,382 | €97,242 | €85,513 | ▼ 12.1% |
| Deferred charges and accrued income490/1 | - | - | - | €2,395 | €151 | - | €245 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €434,755 | €512,724 | €441,830 | €375,110 | €354,668 | €335,438 | €373,887 | ▲ 11.5% |
| Equity10/15 | €299,849 | €299,116 | €289,665 | €261,877 | €271,851 | €257,212 | €281,271 | ▲ 9.4% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €132,763 | €112,432 | €102,981 | €84,652 | €94,626 | €79,987 | €104,047 | ▲ 30.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €4,689 | €4,689 | €4,689 | €4,689 | = |
| Distributable reserves133 | - | - | - | €78,104 | €88,077 | €75,299 | €99,358 | ▲ 32.0% |
| Profit (loss) carried forward14 | €160,886 | €180,484 | €180,484 | €171,025 | €171,025 | €171,025 | €171,025 | = |
| Amounts payable17/49 | €134,906 | €213,608 | €152,165 | €113,233 | €82,817 | €78,226 | €92,615 | ▲ 18.4% |
| Amounts payable after more than one year17 | €95,550 | €127,250 | €100,250 | €73,249 | €46,249 | €44,874 | €51,361 | ▲ 14.5% |
| Financial debts170/4 | - | - | - | €73,249 | €46,249 | €44,874 | €51,361 | ▲ 14.5% |
| Amounts payable within one year42/48 | €37,647 | €79,936 | €51,561 | €37,103 | €36,205 | €32,688 | €40,289 | ▲ 23.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €27,000 | €27,000 | €24,500 | €31,430 | ▲ 28.3% |
| Trade debts44 | €2,821 | €10,487 | €19,998 | €6,043 | €2,432 | €2,940 | €1,557 | ▼ 47.1% |
| Suppliers440/4 | - | - | - | €6,043 | €2,432 | €2,940 | €1,557 | ▼ 47.1% |
| Taxes, remuneration and social security45 | - | - | - | €4,059 | €6,772 | €5,242 | €7,302 | ▲ 39.3% |
| Taxes450/3 | - | - | - | €4,059 | €6,772 | €5,242 | €7,302 | ▲ 39.3% |
| Other amounts payable47/48 | - | - | - | - | - | €6 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €2,881 | €364 | €664 | €966 | ▲ 45.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,830 | €39,287 | -€9,451 | -€9,459 | €22,484 | €26,159 | €38,889 | ▲ 48.7% |
| + Depreciation and write-downs630 | €63,086 | €51,383 | €52,626 | €53,503 | €40,390 | €39,665 | €39,281 | ▼ 1.0% |
| Operating cash flow (approximation) | €77,917 | €90,669 | €43,175 | €44,044 | €62,874 | €65,824 | €78,171 | ▲ 18.8% |
| Investment in fixed assets (approximation) | - | -€151,865 | -€5,305 | -€3,696 | €0 | -€77,391 | -€86,627 | ▼ 11.9% |
| Change in cash | - | -€3,712 | -€33,408 | -€17,262 | €40,137 | -€55,140 | -€11,729 | ▲ 78.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 31-12-2025 | 2026-00001828 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00020166 | |
| 30-06-2023 | micro format | 01-02-2024 | 2024-00020481 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00016948 | |
| 30-06-2021 | micro format | 31-12-2021 | 2021-82200268 | |
| 30-06-2020 | micro format | 01-02-2021 | 2021-03200131 | |
| 30-06-2019 | micro format | 29-01-2020 | 2020-02500181 | |
| 30-06-2018 | micro format | 30-01-2019 | 2019-02800423 | |
| 30-06-2017 | micro format | 29-01-2018 | 2018-02400413 | |
| 30-06-2016 | abbreviated format | 30-12-2016 | 2016-71900499 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 16-11-2023 Capital stated in the deed · 186 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Johan AERTS |
|
| Linda BOLLAERT |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer bestuurders, onbepaalde duur bij gebrek aan bepaling”“Niet bezoldigd tenzij algemene vergadering anders beslist, statutenwijziging”“Wettige reden, steeds”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Datum waarop toestand werd vastgesteld had moeten worden vastgesteld, bestuursorgaan”“Algemene vergadering, vereisten voor statutenwijziging”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Gewone meerderheid stemmen, algemene vergadering”
Articles of association, deed of 16-11-2023 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
16.72%
Connections & network
2 current directorsThe network starts from the directors of ORBITECH. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
16-11
Gazette deed
Resignations: Johan AERTS (statutory director) and Linda BOLLAERT (director)Appointments: Johan AERTS (director) and Linda BOLLAERT (director) · Capital conversion · Power of attorney15 points ▸
- General meeting, “rechtspersonenregister te Gent,afdeling Dendermonde, buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Other provision, 01-01-2020, “aanpassing statuten aan WVV en behoud rechtsvorm BV” (deed in Dutch)
- Capital conversion, “artikel 39,§2,derde lid,wet 23-03-2019 tot invoering WVV”, 01-01-2020 (deed in Dutch)
- Other provision, 0, 12400
- Power of attorney
- Other provision, “opheffing en omzetting statutair onbeschikbare eigen vermogensrekeningen, artikel 39,§2,derde lid,wet 23-03-2019 tot invoering WVV” (deed in Dutch)
- Director resignation, Johan AERTS (statutory director)
- Director appointment, Johan AERTS (director (not named in the articles))
- Director resignation, Linda BOLLAERT (director)
- Director appointment, Linda BOLLAERT (director (not named in the articles))
- Director discharge, Johan AERTS
- Director discharge, Linda BOLLAERT
- The act holds 3 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202520 activities
- Algemeen studie- en inspectiebureau inzake industriële toepassingen onder meer in de farmaceutische industrie,de voedingsindustrie,brouwerijen,lichte chemie,petrochemie en papierfabricatie.
- Bureau voor projectontwikkeling onder meer in de farmaceutische industrie,de voedingsindustrie,brouwerijen,lichte chemie,petrochemie en papierfabricatie.
- Adviesbureau voor het maken van investeringsstudies en het opstellen van investeringsdossiers.
- Verlenen van adviezen en hulp aan het bedrijfsleven op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enzovoort.
- Berekenen van kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie,enzovoort.
- Het verhuren van garageboxen en garagestaanplaatsen voor auto’s.
- Het verhuren van niet-residentiële gebouwen zoals kantoorgebouwen,handelspanden,tentoonstellingsruimten,opslagplaatsen enzovoort.
- Het verhuren van staanplaatsen voor caravans en trailers.
- Het verhuren van racewagens met of zonder piloot.
- Het verhuren van personenwagens en lichte bestelwagen.
- Het verhuren van personenwagens zonder en met chauffeur.
- Het aankopen,verkopen van en handelsbemiddeling in nieuwe en gebruikte auto’s voor personenvervoer.
- De vennootschap kan alle roerende en onroerende handelingen verrichten die van aard zijn haar onderneming op rechtstreekse of onrechtstreekse wijze uit te breiden of te begunstigen.Zij kan tevens alle roerende en onroerende goederen verwerven in volle of bloot eigendom of in vruchtgebruik,beheren en verkopen,zelfs indien deze handelingen geen rechtstreeks of onrechtstreeks verband houden met het uitoefenen van haar activiteiten.
- Het beheren van een patrimonium,samengesteld uit roerende en onroerende goederen,het valoriseren en het in stand houden van dit patrimonium vooral door daden van beheer.
- De handel in onroerende goederen voor eigen beheer:de aankoop,verkoop en verhuur van onroerende goederen.Het verhuren van terreinen,gronden,garageboxen en staanplaatsen,woonhuizen,appartementen,zowel gemeubelde als niet-gemeubelde,residentiële en niet-residentiële gebouwen zoals er zijn kantoor-gebouwen,handelspanden,tentoonstellingsruimten.Deze opsomming is slechts aanwijzend en geenszins beperkend.
- De vennootschap kan zowel tot waarborgen van eigen verbintenissen als tot waarborg van verbintenissen door derden,zich borg stellen;onder meer door haar goederen in hypotheek te geven,inclusief de eigen praktijk.
- De vennootschap kan optreden als zaakvoerder,bestuurder,volmachthouder,lasthebber of vereffenaar in andere vennootschappen of ondernemingen.
- De vennootschap mag zakelijke rechten vestigen op onroerende goederen,in het kader van de uitoefening van haar werk.
- De vennootschap kan op om het even welke wijze belangen verwerven in,samenwerken met of fusioneren met iedere vennootschap,vereniging of onderneming voor zover deze een identiek,gelijkaardig of verwant voorwerp beoogt.
- Algemene zakelijke dienstverlening.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46023C0291/00B002 | Flanders | 2,390 m² | 1 · 290 m² | 20.6 m · 5 |