ORBIX
ActiveSummary
ORBIX has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.40M and a net result of €4k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 31 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-4
Solvency54▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 7.21 against 8.69 in 2024; short-term debt: 13.1% and cash: 9.6% of total assets), but 70.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.4%
Return on assets
0%
Age of the figures
10 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 01-06-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
4 d early
2023
5 d early
2022
1 d early
2020
23 d late
2019
21 d early
2018
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-11-2026 close30-06-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.40M▲ 0.2%
2024 · €2.39M
2018: €1.01M
2019: €1.00M▼ -0.5% vs 2018
2020: €1,000k▼ -0.1% vs 2019lowest value
2022: €2.36M
2023: €2.39M▲ +1.2% vs 2022
2024: €2.39M▲ +0.2% vs 2023
2025: €2.40M▲ +0.2% vs 2024highest value
2018 → 2025
Total assets
€8.14M▲ 6.3%
2024 · €7.66M
2018: €9.06M
2019: €8.79M▼ -3.0% vs 2018
2020: €9.43M▲ +7.3% vs 2019highest value
2022: €9.40M
2023: €8.14M▼ -13.4% vs 2022
2024: €7.66M▼ -5.8% vs 2023lowest value
2025: €8.14M▲ +6.3% vs 2024
2018 → 2025
Net result
€4k▼ 19.8%
2024 · €5k
2018: €15k
2019: €-5k▼ -134% vs 2018lowest value
2020: €-1k▲ +79.4% vs 2019
2022: €1.36Mhighest value
2023: €28k▼ -97.9% vs 2022
2024: €5k▼ -81.9% vs 2023
2025: €4k▼ -19.8% vs 2024
2018 → 2025
Working capital
€6.64M▲ 6.4%
2024 · €6.25M
2018: €2.79Mlowest value
2019: €2.87M▲ +2.5% vs 2018
2020: €4.73M▲ +65.1% vs 2019
2022: €5.91M
2023: €6.12M▲ +3.7% vs 2022
2024: €6.25M▲ +2.0% vs 2023
2025: €6.64M▲ +6.4% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€1,000k-€2.36M▲ 136%€2.39M▲ 1.2%€2.39M▲ 0.2%€2.40M▲ 0.2%
2020: €1,000klowest value
2022: €2.36M
2023: €2.39M▲ +1.2% vs 2022
2024: €2.39M▲ +0.2% vs 2023
2025: €2.40M▲ +0.2% vs 2024highest value
Operating result€57k-€1.96M▲ 3,363%€130k▼ 93.4%€69k▼ 46.9%€28k▼ 58.9%
2020: €57k
2022: €1.96Mhighest value
2023: €130k▼ -93.4% vs 2022
2024: €69k▼ -46.9% vs 2023
2025: €28k▼ -58.9% vs 2024lowest value
Net result€-1k-€1.36M€28k▼ 97.9%€5k▼ 81.9%€4k▼ 19.8%
2020: €-1klowest value
2022: €1.36Mhighest value
2023: €28k▼ -97.9% vs 2022
2024: €5k▼ -81.9% vs 2023
2025: €4k▼ -19.8% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 59% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.14M
Fixed assets
€428k ▼ 29.0%
Current assets
€7.71M ▲ 9.3%
Equity and liabilities €8.14M
Equity
€2.40M ▲ 0.2%
Provisions
€4.44M ▼ 0.3%
Debt
€1.30M ▲ 60.3%
Debt's share of the balance-sheet total rises from 10.6% to 16.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€203k▼
2024 · €243k
Cash flow
€179k▲
2024 · €179k
Current ratio
7.21▼
2024 · 8.69
Debt to equity
0.54▲
2024 · 0.34
ROE
0.2%▼
2024 · 0.2%
ROA
0.0%▼
2024 · 0.1%
Interest coverage
2.18▼
2024 · 2.67
Debt ≤ 1 year
€1.07M▲
2024 · €812k
Income taxes
€6k▲
2024 · €4k
Staff costs
€334k▲
2024 · €210k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7.66M€8.14M▲
Fixed assets21/28€603k€428k▼
Intangible fixed assets21€50k€50k=
Tangible fixed assets22/27€454k€279k▼
Land and buildings22€79k€20k▼
Plant, machinery and equipment23€309k€211k▼
Furniture and vehicles24€66k€48k▼
Financial fixed assets28€99k€99k=
Current assets29/58€7.06M€7.71M▲
Amounts receivable after more than one year29-€107k
Other amounts receivable291-€107k
Amounts receivable within one year40/41€5.11M€6.75M▲
Trade receivables40€2.52M€3.26M▲
Other amounts receivable41€2.59M€3.49M▲
Current investments50/53€50k€50k=
Cash at bank and in hand54/58€1.87M€779k▼
Deferred charges and accrued income490/1€28k€31k▲
Equity and liabilities
Total equity and liabilities10/49€7.66M€8.14M▲
Equity10/15€2.39M€2.40M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.33M€2.33M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€2.32M€2.33M▲
Provisions and deferred taxes16€4.46M€4.44M▼
Provisions for liabilities and charges160/5€4.46M€4.44M▼
Other liabilities and charges164/5€4.46M€4.44M▼
Amounts payable17/49€812k€1.30M▲
Amounts payable within one year42/48€812k€1.07M▲
Trade debts44€770k€1.01M▲
Suppliers440/4€770k€1.01M▲
Taxes, remuneration and social security45€39k€53k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€35k€48k▲
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3-€233k
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€210k€334k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€174k€175k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-332k€-13k▲
Other operating charges640/8€289k€317k▲
Non-recurring operating charges66A€501€25k▲
Gross operating margin9900€410k€866k▲
Operating profit (loss)9901€69k€28k▼
Financial income75/76B€32k€75k▲
Recurring financial income75€32k€75k▲
Financial charges65/66B€91k€93k▲
Recurring financial charges65€91k€93k▲
Profit (loss) for the period before taxes9903€9k€10k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€4k▼
Transfer to equity691/2€5k€4k▼
To other reserves6921€5k€4k▼
Social balance
Average headcount (FTE)90873.04.5▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €66k | €983 | - | €3k | - |
| Remuneration, social security and pensions62 | - | €314k | €149k | €210k | €334k | ▲ 59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €420k | €459k | €203k | €174k | €175k | ▲ 0.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-552k | €-93k | €-332k | €-13k | ▲ 96.0% |
| Other operating charges640/8 | - | €539k | €302k | €289k | €317k | ▲ 9.7% |
| Non-recurring operating charges66A | - | €704k | €13k | €501 | €25k | ▲ 4,801% |
| Gross operating margin9900 | €3.26M | €3.43M | €703k | €410k | €866k | ▲ 111% |
| Operating profit (loss)9901 | €57k | €1.96M | €130k | €69k | €28k | ▼ 58.9% |
| Financial income75/76B | - | €58k | €36k | €32k | €75k | ▲ 136% |
| Recurring financial income75 | €35k | €58k | €36k | €32k | €75k | ▲ 136% |
| Financial charges65/66B | - | €158k | €124k | €91k | €93k | ▲ 2.4% |
| Recurring financial charges65 | €90k | €158k | €124k | €91k | €93k | ▲ 2.4% |
| Profit (loss) for the period before taxes9903 | €2k | €1.86M | €41k | €9k | €10k | ▲ 4.6% |
| Transfer from deferred taxes780 | - | €324 | - | - | - | - |
| Income taxes67/77 | €6k | €502k | €13k | €4k | €6k | ▲ 32.9% |
| Profit (loss) for the period9904 | €-1k | €1.36M | €28k | €5k | €4k | ▼ 19.8% |
| Transfer from tax-exempt reserves789 | - | €972 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €6k | €1.36M | €28k | €5k | €4k | ▼ 19.8% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.43M | €9.40M | €8.14M | €7.66M | €8.14M | ▲ 6.3% |
| Fixed assets21/28 | €784k | €935k | €732k | €603k | €428k | ▼ 29.0% |
| Intangible fixed assets21 | €50k | €50k | €50k | €50k | €50k | = |
| Tangible fixed assets22/27 | €631k | €786k | €583k | €454k | €279k | ▼ 38.5% |
| Land and buildings22 | - | €204k | €140k | €79k | €20k | ▼ 74.9% |
| Plant, machinery and equipment23 | - | €531k | €407k | €309k | €211k | ▼ 31.7% |
| Furniture and vehicles24 | - | €51k | €36k | €66k | €48k | ▼ 27.1% |
| Financial fixed assets28 | €104k | €99k | €99k | €99k | €99k | = |
| Current assets29/58 | €8.64M | €8.46M | €7.40M | €7.06M | €7.71M | ▲ 9.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €107k | - |
| Other amounts receivable291 | - | - | - | - | €107k | - |
| Amounts receivable within one year40/41 | €7.53M | €6.10M | €6.06M | €5.11M | €6.75M | ▲ 32.0% |
| Trade receivables40 | - | €2.03M | €1.66M | €2.52M | €3.26M | ▲ 29.4% |
| Other amounts receivable41 | - | €4.07M | €4.40M | €2.59M | €3.49M | ▲ 34.5% |
| Current investments50/53 | - | €50k | €50k | €50k | €50k | = |
| Cash at bank and in hand54/58 | €1.12M | €2.29M | €1.27M | €1.87M | €779k | ▼ 58.3% |
| Deferred charges and accrued income490/1 | - | €21k | €24k | €28k | €31k | ▲ 8.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.43M | €9.40M | €8.14M | €7.66M | €8.14M | ▲ 6.3% |
| Equity10/15 | €1,000k | €2.36M | €2.39M | €2.39M | €2.40M | ▲ 0.2% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €938k | €2.30M | €2.33M | €2.33M | €2.33M | ▲ 0.2% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €2.29M | €2.32M | €2.32M | €2.33M | ▲ 0.2% |
| Provisions and deferred taxes16 | €4.51M | €4.48M | €4.47M | €4.46M | €4.44M | ▼ 0.3% |
| Provisions for liabilities and charges160/5 | - | €4.48M | €4.47M | €4.46M | €4.44M | ▼ 0.3% |
| Other liabilities and charges164/5 | - | €4.48M | €4.47M | €4.46M | €4.44M | ▼ 0.3% |
| Amounts payable17/49 | €3.91M | €2.56M | €1.28M | €812k | €1.30M | ▲ 60.3% |
| Amounts payable within one year42/48 | €3.91M | €2.56M | €1.28M | €812k | €1.07M | ▲ 31.7% |
| Trade debts44 | €2.36M | €2.03M | €1.25M | €770k | €1.01M | ▲ 31.6% |
| Suppliers440/4 | - | €2.03M | €1.25M | €770k | €1.01M | ▲ 31.6% |
| Taxes, remuneration and social security45 | - | €525k | €30k | €39k | €53k | ▲ 34.3% |
| Taxes450/3 | - | €502k | €14k | €4k | €5k | ▲ 16.7% |
| Remuneration and social security454/9 | - | €23k | €16k | €35k | €48k | ▲ 36.5% |
| Other amounts payable47/48 | - | €2k | €2k | €2k | €2k | = |
| Accrued charges and deferred income492/3 | - | €274 | - | - | €233k | - |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €1.36M | €28k | €5k | €4k | ▼ 19.8% |
| + Depreciation and write-downs630 | €420k | €459k | €203k | €174k | €175k | ▲ 0.7% |
| Operating cash flow (approximation) | €419k | €1.82M | €231k | €179k | €179k | ▲ 0.1% |
| Investment in fixed assets (approximation) | - | - | €0 | €-44k | €0 | ▲ 100% |
| Change in cash | - | - | €-1.03M | €602k | €-1.09M | ▼ 281% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-11
Financial
Back to profitnet €1.36M
Net result €1.36M after 2 loss-making years.
30-11
Financial
Equity above €2MEq €2.36M ▲136%
Equity rises from €1,000k to €2.36M.
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2015
27-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Genk · 2 establishment units since 1994
Ground area
3.6 ha
Building footprint
1,940 m²
Volume, LiDAR
14,553 m³
2 parcels, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
ORBIX
since 19942.067.187.784
Kanaalweg 5, 3600 Genk
since 20252.376.280.066
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F1334/00H047 | Flanders | 3.0 ha | 1 · 154 m² | 7.3 m · 2 fl. |
| 71305F1334/00G043 | Flanders | 5,914 m² | 1 · 1,786 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 2,037 EUR awarded · 1,793 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,208 EUR | 1,208 EUR |
| 2022 | 1 | 829 EUR | 585 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500D90ES7N2QXL981
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Of 50 companies in sector 08122 we hold annual accounts for 41. 29 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded06-06-1994
Fiscal year end30-11
Activities, NACEBEL 2025
08122Other mining and quarrying
38210Materials recovery from waste
Scores and ratios are computed by Checked and are not a credit decision.