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ORBITS

Active Risk: not assessed
Private limited companyfounded 2018active for 8 yearsRekkemsestraat(Mar) 169, 8510 Kortrijk, BelgiumKBO/BCE: BE 0688.949.428
Summary

ORBITS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €86,757 and a net result of €3,783. Its solvency ranks better than 26% of 9,701 sector peers (NACE 64, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€86,757▼ 34.0%
2024 · €131,512
Net result
€3,783▼ 83.2%
2024 · €22,550
Total assets
€404,089▲ 17.5%
2024 · €343,814
Solvency
21.5%▼ 16.8pp
2024 · 38.3%
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 61% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€15,643 2025 Net result€3,783 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€40,100-€15,643▼ 61.0%
Net result€22,550within the sector's middle half-€3,783below the sector's middle half▼ 83.2%
Equity€131,512within the sector's middle half-€86,757within the sector's middle half▼ 34.0%
Total assets€343,814within the sector's middle half-€404,089within the sector's middle half▲ 17.5%
Debt€212,302-€317,332▲ 49.5%
Working capital€48,983within the sector's middle half-€3,488within the sector's middle half▼ 92.9%
Solvency38.3%within the sector's middle half-21.5%within the sector's middle half▼ 16.8pp
Current ratio1.67within the sector's middle half-1.02within the sector's middle half▼ 0.65
Return on assets (ROA)6.6%within the sector's middle half-0.9%below the sector's middle half▼ 5.6pp
Staff (FTE)1.3
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €404,089
Fixed assets €224,873 ▲ 1.6%
Current assets €179,216 ▲ 46.3%
Equity and liabilities €404,089
Equity €86,757 ▼ 34.0%
Debt €317,332 ▲ 49.5%
Debt's share of the balance-sheet total rises from 61.7% to 78.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
ROE
4.4%▼
2024 · 17.1%
Debt ≤ 1 year
€175,727▲
2024 · €73,501
Debt > 1 year
€141,605▲
2024 · €138,801
Income taxes
€5,029▼
2024 · €10,064
Staff costs
€81,879▼
2024 · €91,796
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€343,814€404,089▲
Fixed assets21/28€221,331€224,873▲
Tangible fixed assets22/27€221,331€224,873▲
Land and buildings22€114,202€93,875▼
Plant, machinery and equipment23€15,342€29,075▲
Furniture and vehicles24€91,786€101,923▲
Current assets29/58€122,483€179,216▲
Amounts receivable within one year40/41€78,189€118,491▲
Trade receivables40€72,675€112,805▲
Other amounts receivable41€5,514€5,686▲
Cash at bank and in hand54/58€41,999€58,282▲
Deferred charges and accrued income490/1€2,295€2,443▲
Equity and liabilities
Total equity and liabilities10/49€343,814€404,089▲
Equity10/15€131,512€86,757▼
Contributions10/11€1,000€1,000=
Reserves13€130,512€85,757▼
Non-distributable reserves130/1€100€0▼
Reserves not available under the articles1311€100€0▼
Distributable reserves133€130,412€85,757▼
Profit (loss) carried forward14-€0
Amounts payable17/49€212,302€317,332▲
Amounts payable after more than one year17€138,801€141,605▲
Financial debts170/4€138,801€141,605▲
Amounts payable within one year42/48€73,501€175,727▲
Current portion of amounts payable after more than one year42€41,244€48,947▲
Financial debts43€1,385€3,255▲
Credit institutions430/8€1,385€3,255▲
Trade debts44€7,219€18,608▲
Suppliers440/4€7,219€18,608▲
Taxes, remuneration and social security45€10,891€40,647▲
Taxes450/3€1,617€10,156▲
Remuneration and social security454/9€9,274€30,491▲
Other amounts payable47/48€12,763€64,269▲
Income statement Code20242025
Remuneration, social security and pensions62€91,796€81,879▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,041€56,937▲
Other operating charges640/8€1,164€1,162▼
Gross operating margin9900€177,101€155,620▼
Operating profit (loss)9901€40,100€15,643▼
Financial income75/76B€103€206▲
Recurring financial income75€103€206▲
Financial charges65/66B€7,589€7,038▼
Recurring financial charges65€7,589€7,038▼
Profit (loss) for the period before taxes9903€32,614€8,812▼
Income taxes67/77€10,064€5,029▼
Profit (loss) for the period9904€22,550€3,783▼
Profit (loss) for the period to be appropriated9905€22,550€3,783▼
Appropriation of the result
Profit (loss) to be appropriated9906€22,550€3,783▼
Transfer from equity791/2-€48,538
Transfer to equity691/2€22,550€3,783▼
To other reserves6921€22,550€3,783▼
Profit to be distributed694/7-€48,538
Return on contributions (dividend)694-€48,538

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€91,796€81,879▼ 10.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,041€56,937▲ 29.3%
Other operating charges640/8€1,164€1,162▼ 0.2%
Gross operating margin9900€177,101€155,620▼ 12.1%
Operating profit (loss)9901€40,100€15,643▼ 61.0%
Financial income75/76B€103€206▲ 101%
Recurring financial income75€103€206▲ 101%
Financial charges65/66B€7,589€7,038▼ 7.3%
Recurring financial charges65€7,589€7,038▼ 7.3%
Profit (loss) for the period before taxes9903€32,614€8,812▼ 73.0%
Income taxes67/77€10,064€5,029▼ 50.0%
Profit (loss) for the period9904€22,550€3,783▼ 83.2%
Profit (loss) for the period to be appropriated9905€22,550€3,783▼ 83.2%
Line20242025Change
Assets
Total assets20/58€343,814€404,089▲ 17.5%
Fixed assets21/28€221,331€224,873▲ 1.6%
Tangible fixed assets22/27€221,331€224,873▲ 1.6%
Land and buildings22€114,202€93,875▼ 17.8%
Plant, machinery and equipment23€15,342€29,075▲ 89.5%
Furniture and vehicles24€91,786€101,923▲ 11.0%
Current assets29/58€122,483€179,216▲ 46.3%
Amounts receivable within one year40/41€78,189€118,491▲ 51.5%
Trade receivables40€72,675€112,805▲ 55.2%
Other amounts receivable41€5,514€5,686▲ 3.1%
Cash at bank and in hand54/58€41,999€58,282▲ 38.8%
Deferred charges and accrued income490/1€2,295€2,443▲ 6.4%
Equity and liabilities
Total equity and liabilities10/49€343,814€404,089▲ 17.5%
Equity10/15€131,512€86,757▼ 34.0%
Contributions10/11€1,000€1,000=
Reserves13€130,512€85,757▼ 34.3%
Non-distributable reserves130/1€100€0▼ 100%
Reserves not available under the articles1311€100€0▼ 100%
Distributable reserves133€130,412€85,757▼ 34.2%
Profit (loss) carried forward14-€0-
Amounts payable17/49€212,302€317,332▲ 49.5%
Amounts payable after more than one year17€138,801€141,605▲ 2.0%
Financial debts170/4€138,801€141,605▲ 2.0%
Amounts payable within one year42/48€73,501€175,727▲ 139%
Current portion of amounts payable after more than one year42€41,244€48,947▲ 18.7%
Financial debts43€1,385€3,255▲ 135%
Credit institutions430/8€1,385€3,255▲ 135%
Trade debts44€7,219€18,608▲ 158%
Suppliers440/4€7,219€18,608▲ 158%
Taxes, remuneration and social security45€10,891€40,647▲ 273%
Taxes450/3€1,617€10,156▲ 528%
Remuneration and social security454/9€9,274€30,491▲ 229%
Other amounts payable47/48€12,763€64,269▲ 404%
Line20242025Change
Profit (loss) for the period9904€22,550€3,783▼ 83.2%
+ Depreciation and write-downs630€44,041€56,937▲ 29.3%
Operating cash flow (approximation)€66,591€60,719▼ 8.8%
Investment in fixed assets (approximation)--€60,479-
Change in cash-€16,283-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 22-07-2026 2026-00339336
31-12-2024 micro format 25-08-2025 2025-00412902

Similar companies · same sector, comparable size

Of the 24,462 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,970. 12,125 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €2,047 awarded · €2,577 paid
Year Entries AwardedPaid
2025 1 €65€65
2024 1 €398€398
2023 1 €0€530
2022 1 €1,584€1,584
Schemes
4 entries · €2,047 · €2,577 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.