ORBITZ
ActiveSummary
ORBITZ has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €348,365 and a net result of -€1,725. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▲+63
Solvency100▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.15 in 2024; short-term debt: 21% and cash: 0.3% of total assets), and 22.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1,725
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
8 d early
2023
on the day
2022
4 d early
2021
41 d early
2020
51 d early
2019
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,725▲ 96.8%
2024 · -€54,544
Working capital
-€88,890▲ 15.9%
2024 · -€105,745
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€114,091▲ 9.0%€81,924▼ 28.2%€66,020▼ 19.4%-€52,903-€789▲ 98.5%
Net result€74,347within the sector's middle half▲ 10.5%€53,360within the sector's middle half▼ 28.2%€42,012within the sector's middle half▼ 21.3%-€54,544below the sector's middle half-€1,725within the sector's middle half▲ 96.8%
Equity€310,863within the sector's middle half▲ 31.0%€363,423within the sector's middle half▲ 16.9%€404,634within the sector's middle half▲ 11.3%€350,090within the sector's middle half▼ 13.5%€348,365within the sector's middle half▼ 0.5%
Total assets€524,557below the sector's middle half▲ 1.0%€560,540below the sector's middle half▲ 6.9%€519,993below the sector's middle half▼ 7.2%€494,836below the sector's middle half▼ 4.8%€447,525below the sector's middle half▼ 9.6%
Debt€213,694▼ 24.2%€197,117▼ 7.8%€115,359▼ 41.5%€144,746▲ 25.5%€99,161▼ 31.5%
Working capital-€10,995within the sector's middle half▲ 72.2%-€71,593within the sector's middle half▼ 551%-€68,480within the sector's middle half▲ 4.3%-€105,745within the sector's middle half▼ 54.4%-€88,890within the sector's middle half▲ 15.9%
Solvency59.3%within the sector's middle half▲ 13.6pp64.8%above the sector's middle half▲ 5.6pp77.8%above the sector's middle half▲ 13.0pp70.7%above the sector's middle half▼ 7.1pp77.8%above the sector's middle half▲ 7.1pp
Current ratio0.91within the sector's middle half▲ 0.210.43below the sector's middle half▼ 0.480.14below the sector's middle half▼ 0.290.15below the sector's middle half▲ 0.010.05below the sector's middle half▼ 0.09
Return on assets (ROA)14.2%above the sector's middle half▲ 1.2pp9.5%above the sector's middle half▼ 4.7pp8.1%above the sector's middle half▼ 1.4pp-11.0%below the sector's middle half▼ 19.1pp-0.4%within the sector's middle half▲ 10.6pp
Staff (FTE)0.5below the sector's middle half=0.5below the sector's middle half=0.5within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €789 in 2025 against €52,903 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €447,525
Fixed assets
€442,531 ▼ 7.2%
Current assets
€4,995 ▼ 72.3%
Equity and liabilities €447,525
Equity
€348,365 ▼ 0.5%
Debt
€99,161 ▼ 31.5%
Debt's share of the balance-sheet total falls from 29.3% to 22.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€38,728▲
2024 · -€13,779
Cash flow
€37,792▲
2024 · -€15,419
Debt to equity
0.28▼
2024 · 0.41
ROE
-0.5%▲
2024 · -15.6%
Interest coverage
43.84▲
2024 · -8.45
Debt ≤ 1 year
€93,885▼
2024 · €123,753
Debt > 1 year
€5,233▼
2024 · €20,730
Income taxes
€53
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €17,976 | €18,609 | €471 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,938 | €37,602 | €46,993 | €39,125 | €39,517 | ▲ 1.0% |
| Other operating charges640/8 | €4,534 | €8,438 | €6,206 | €7,372 | €3,599 | ▼ 51.2% |
| Gross operating margin9900 | €165,539 | €146,572 | €119,690 | -€6,406 | €42,326 | ▲ 761% |
| Operating profit (loss)9901 | €114,091 | €81,924 | €66,020 | -€52,903 | -€789 | ▲ 98.5% |
| Financial income75/76B | €29 | €0 | €115 | €0 | - | - |
| Recurring financial income75 | €29 | €0 | €115 | €0 | - | - |
| Financial charges65/66B | €8,362 | €6,072 | €4,623 | €1,641 | €883 | ▼ 46.2% |
| Recurring financial charges65 | €8,362 | €6,072 | €4,623 | €1,631 | €883 | ▼ 45.8% |
| Non-recurring financial charges66B | - | - | - | €10 | - | - |
| Profit (loss) for the period before taxes9903 | €105,758 | €75,852 | €61,513 | -€54,544 | -€1,673 | ▲ 96.9% |
| Income taxes67/77 | €31,412 | €22,492 | €19,501 | - | €53 | - |
| Profit (loss) for the period9904 | €74,347 | €53,360 | €42,012 | -€54,544 | -€1,725 | ▲ 96.8% |
| Profit (loss) for the period to be appropriated9905 | €74,347 | €53,360 | €42,012 | -€54,544 | -€1,725 | ▲ 96.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €524,557 | €560,540 | €519,993 | €494,836 | €447,525 | ▼ 9.6% |
| Fixed assets21/28 | €409,229 | €506,202 | €509,144 | €476,827 | €442,531 | ▼ 7.2% |
| Tangible fixed assets22/27 | €409,229 | €506,202 | €509,144 | €476,827 | €442,531 | ▼ 7.2% |
| Land and buildings22 | €366,928 | €482,401 | €494,987 | €462,954 | €428,827 | ▼ 7.4% |
| Furniture and vehicles24 | €33,247 | €23,801 | €14,157 | €13,874 | €13,704 | ▼ 1.2% |
| Assets under construction and advance payments27 | €9,054 | - | - | - | - | - |
| Current assets29/58 | €115,328 | €54,338 | €10,849 | €18,008 | €4,995 | ▼ 72.3% |
| Amounts receivable within one year40/41 | €46,685 | €11,681 | €2,927 | €9,041 | €2,500 | ▼ 72.3% |
| Trade receivables40 | €45,685 | - | €391 | - | €2,000 | - |
| Other amounts receivable41 | €1,000 | €11,681 | €2,536 | €9,041 | €500 | ▼ 94.5% |
| Cash at bank and in hand54/58 | €65,283 | €38,618 | €4,215 | €7,345 | €1,496 | ▼ 79.6% |
| Deferred charges and accrued income490/1 | €3,361 | €4,038 | €3,707 | €1,622 | €999 | ▼ 38.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €524,557 | €560,540 | €519,993 | €494,836 | €447,525 | ▼ 9.6% |
| Equity10/15 | €310,863 | €363,423 | €404,634 | €350,090 | €348,365 | ▼ 0.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €304,663 | €357,223 | €398,434 | €398,434 | €345,229 | ▼ 13.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | €302,803 | €355,363 | €396,574 | €396,574 | €345,229 | ▼ 12.9% |
| Profit (loss) carried forward14 | - | - | - | -€54,544 | -€3,065 | ▲ 94.4% |
| Amounts payable17/49 | €213,694 | €197,117 | €115,359 | €144,746 | €99,161 | ▼ 31.5% |
| Amounts payable after more than one year17 | €86,947 | €70,927 | €35,923 | €20,730 | €5,233 | ▼ 74.8% |
| Financial debts170/4 | €86,947 | €70,927 | €35,923 | €20,730 | €5,233 | ▼ 74.8% |
| Amounts payable within one year42/48 | €126,323 | €125,930 | €79,329 | €123,753 | €93,885 | ▼ 24.1% |
| Current portion of amounts payable after more than one year42 | €80,552 | €81,444 | €35,004 | €15,193 | €15,496 | ▲ 2.0% |
| Trade debts44 | €347 | €10,103 | €3,936 | €2,502 | €807 | ▼ 67.8% |
| Suppliers440/4 | €347 | €10,103 | €3,936 | €2,502 | €807 | ▼ 67.8% |
| Taxes, remuneration and social security45 | €33,527 | €33,580 | €6,403 | - | €64 | - |
| Taxes450/3 | €30,010 | €29,688 | €6,403 | - | €64 | - |
| Remuneration and social security454/9 | €3,517 | €3,893 | - | - | - | - |
| Other amounts payable47/48 | €11,896 | €803 | €33,986 | €106,058 | €77,518 | ▼ 26.9% |
| Accrued charges and deferred income492/3 | €424 | €260 | €107 | €263 | €43 | ▼ 83.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,347 | €53,360 | €42,012 | -€54,544 | -€1,725 | ▲ 96.8% |
| + Depreciation and write-downs630 | €28,938 | €37,602 | €46,993 | €39,125 | €39,517 | ▲ 1.0% |
| Operating cash flow (approximation) | €103,284 | €90,961 | €89,005 | -€15,419 | €37,792 | ▲ 345% |
| Investment in fixed assets (approximation) | - | -€134,575 | -€49,935 | -€6,809 | -€5,220 | ▲ 23.3% |
| Change in cash | - | -€26,665 | -€34,403 | €3,130 | -€5,849 | ▼ 287% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€54,544
Net result drops to -€54,544, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €74,347 ▲10.5%
Operating result €114,091, net result €74,347, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200,000Eq €237,316 ▲38.9%
3 profitable years in a row build equity to €237,316.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €150,000Eq €170,822 ▲22.8%
2 profitable years in a row build equity to €170,822.
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 5 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2004
Ground area
237 m²
Building footprint
89 m²
Volume, LiDAR
1,240 m³
Parcel 21009A0860/00M000, Brussels · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ORBITZ
since 20042.144.281.505
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0860/00M000 | Brussels | 237 m² | 1 · 89 m² | 16.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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G & L
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HURUCON
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K INVEST
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. 5,026 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.