ORBOTECH
ActiveSummary
ORBOTECH has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.2m and a net result of €1.1m, of which €1.2m non-recurring income. Equity is shrinking by about 5% per year across the filed financial years. Its solvency ranks better than 95% of 172 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, full format
In the rankings
#9 company by equity in Flemish Brabant, Computer and electronic products sector#9 oldest company in Flemish Brabant, Computer and electronic products sector
Turnover
-€32,935
2023 · €14.1m
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
€1.1m
2024 · -€6.6m
Working capital
€1.3m▲ 12.0%
2024 · €1.2m
Trend over the years
2020 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result returns to profit in 2025: €141,563 after a loss of €63,412 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover-€0.03m
2024
Operating result€0.1m
2025
Net result€1.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4.2m
2025
Equity€4.2m
2025
Debt€0.02m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.3m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)27.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency99.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio54.53
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)16.1
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 26, Manufacture of computer, electronic and optical products: 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202320242025
Turnover€17.6m-€18.6m▲ 5.1%€12.1m▼ 34.7%€17.1m▲ 41.4%€14.1m--€0.03m
Operating result€0.5m-€0.6m▲ 32.1%€0.4m▼ 25.0%€0.7m▲ 44.9%€6.9m--€0.06m€0.1m
Net result-€0.02m-€0.3m€0.2mwithin the sector's middle half▼ 31.5%€0.6mwithin the sector's middle half▲ 200%€2.0mabove the sector's middle half--€6.6mbelow the sector's middle half€1.1mabove the sector's middle half
Equity€6.5m-€6.8m▲ 4.6%€7.0mwithin the sector's middle half▲ 3.0%€9.6mwithin the sector's middle half-€3.0mwithin the sector's middle half▼ 68.6%€4.2mwithin the sector's middle half▲ 37.6%
Total assets€30.5m-€23.8m▼ 21.7%€23.6mabove the sector's middle half▼ 1.2%€23.9mabove the sector's middle half▲ 1.6%€18.3mwithin the sector's middle half-€3.1mwithin the sector's middle half▼ 83.2%€4.2mwithin the sector's middle half▲ 36.1%
Debt€24.0m-€17.1m▼ 28.8%€16.6m▼ 2.9%€16.4m▼ 1.4%€8.6m-€0.05m▼ 99.4%€0.02m▼ 51.6%
Working capital€10.0m-€10.5m▲ 4.7%€10.1mabove the sector's middle half▼ 3.7%€11.5mabove the sector's middle half▲ 14.0%€1.1mwithin the sector's middle half-€1.2mwithin the sector's middle half▲ 8.0%€1.3mwithin the sector's middle half▲ 12.0%
Solvency21.2%-28.4%▲ 7.1pp29.6%within the sector's middle half▲ 1.2pp52.7%within the sector's middle half-98.3%above the sector's middle half▲ 45.6pp99.4%above the sector's middle half▲ 1.1pp
Current ratio1.85-3.25▲ 1.403.12within the sector's middle half▼ 0.134.07above the sector's middle half▲ 0.951.13below the sector's middle half-24.11above the sector's middle half▲ 22.9854.53above the sector's middle half▲ 30.42
Return on assets (ROA)-0.1%-1.3%▲ 1.3pp0.9%within the sector's middle half▼ 0.4pp2.6%within the sector's middle half▲ 1.7pp11.2%above the sector's middle half--215.0%below the sector's middle half▼ 226.2pp27.1%above the sector's middle half▲ 242.1pp
Staff (FTE)20.5-20▼ 2.4%18.6within the sector's middle half▼ 7.0%17.7within the sector's middle half▼ 4.8%16.1within the sector's middle half-
above
within
below
the middle half of NACE 26, Manufacture of computer, electronic and optical products: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.2m
Fixed assets
€2.8m ▲ 54.2%
Current assets
€1.4m ▲ 9.4%
Equity and liabilities €4.2m
Equity
€4.2m ▲ 37.6%
Debt
€24,907 ▼ 51.6%
Debt's share of the balance-sheet total falls from 1.7% to 0.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€223,131▲
2024 · -€51,633
Cash flow
€1.2m▲
2024 · -€6.6m
Debt to equity
0.01▼
2024 · 0.02
ROE
27.3%▲
2024 · -218.6%
Interest coverage
2.52▲
2024 · -0.99
Debt ≤ 1 year
€24,907▼
2024 · €51,500
Income taxes
€35,960▲
2024 · -€57,580
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | €19.2m | €20.1m | €13.6m | €17.7m | €21.1m | -€0.03m | €0.2m | - |
| Turnover70 | €17.6m | €18.6m | €12.1m | €17.1m | €14.1m | -€0.03m | - | - |
| Other operating income74 | €1.6m | €1.6m | €1.5m | €0.6m | €0 | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €7.0m | - | €0.2m | - |
| Operating charges60/66A | €18.8m | €19.5m | €13.1m | €17.1m | €14.2m | €0.03m | €0.02m | ▼ 20.1% |
| Goods for resale, raw materials and consumables60 | €12.5m | €13.1m | €8.5m | €10.7m | €8.6m | - | - | - |
| Purchases600/8 | - | - | - | - | €8.6m | - | - | - |
| Change in stocks: decrease (increase)609 | €2.1m | -€2.4m | €1.6m | €0.2m | €0 | - | - | - |
| Services and other goods61 | €2.6m | €2.4m | €2.0m | €2.2m | €2.1m | €0.008m | €0.03m | ▲ 293% |
| Remuneration, social security and pensions62 | €3.3m | €4.1m | €3.7m | €3.9m | €3.0m | €0.001m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.06m | €0.05m | €0.05m | €0.04m | €0.04m | €0.01m | €0.08m | ▲ 592% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0.3m | -€0.2m | -€1.2m | €0.2m | -€0.2m | - | -€0.1m | - |
| Other operating charges640/8 | €0.02m | €0.07m | €0.02m | €0.05m | €0.7m | €0.01m | €0.01m | ▲ 26.3% |
| Operating profit (loss)9901 | €0.5m | €0.6m | €0.4m | €0.7m | €6.9m | -€0.06m | €0.1m | - |
| Financial income75/76B | - | - | - | - | €0.1m | €0.1m | €1.1m | ▲ 700% |
| Recurring financial income75 | €0.2m | €0.2m | €0.1m | €0.4m | €0.1m | €0.1m | €0.04m | ▼ 68.1% |
| Income from current assets751 | - | - | - | - | - | - | €0.007m | - |
| Other financial income752/9 | €0.2m | €0.2m | €0.1m | €0.4m | €0.1m | €0.1m | €0.04m | ▼ 73.2% |
| Non-recurring financial income76B | - | - | - | - | - | - | €1.1m | - |
| Financial charges65/66B | €0.5m | €0.3m | €0.2m | €0.6m | €0.7m | €6.7m | €0.09m | ▼ 98.7% |
| Recurring financial charges65 | €0.5m | €0.3m | €0.2m | €0.6m | €0.7m | €0.06m | €0.09m | ▲ 54.0% |
| Debt charges650 | - | - | - | €0.007m | €0.3m | €0.05m | - | - |
| Other financial charges652/9 | €0.5m | €0.3m | €0.2m | €0.6m | €0.4m | €0.005m | €0.09m | ▲ 17× |
| Non-recurring financial charges66B | - | - | - | - | - | €6.7m | - | - |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.5m | €0.3m | €0.4m | €6.3m | -€6.7m | €1.2m | - |
| Income taxes67/77 | €0.2m | €0.2m | €0.1m | -€0.2m | €4.2m | -€0.06m | €0.04m | - |
| Taxes670/3 | €0.2m | €0.2m | €0.1m | €0.004m | €4.2m | €0.008m | €0.04m | ▲ 333% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.2m | €0 | €0.07m | - | - |
| Profit (loss) for the period9904 | -€0.02m | €0.3m | €0.2m | €0.6m | €2.0m | -€6.6m | €1.1m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.02m | €0.3m | €0.2m | €0.6m | €2.0m | -€6.6m | €1.1m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €30.5m | €23.8m | €23.6m | €23.9m | €18.3m | €3.1m | €4.2m | ▲ 36.1% |
| Fixed assets21/28 | €8.7m | €8.7m | €8.7m | €8.6m | €8.5m | €1.8m | €2.8m | ▲ 54.2% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.2m | €0.09m | €0.08m | - | - |
| Land and buildings22 | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | €0.08m | - | - |
| Plant, machinery and equipment23 | €0.04m | €0.05m | €0.04m | €0.04m | €0 | - | - | - |
| Furniture and vehicles24 | €0.03m | €0.02m | €0.01m | €0.003m | €191 | - | - | - |
| Financial fixed assets28 | €8.5m | €8.5m | €8.5m | €8.5m | €8.4m | €1.8m | €2.8m | ▲ 61.3% |
| Affiliated companies280/1 | €8.4m | €8.4m | €8.4m | €8.4m | €8.4m | €1.8m | €2.8m | ▲ 61.3% |
| Participating interests280 | €8.4m | €8.4m | €8.4m | €8.4m | €8.4m | €1.8m | €2.8m | ▲ 61.3% |
| Other financial fixed assets284/8 | €0.02m | €0.02m | €0.06m | €0.05m | €0 | - | - | - |
| Amounts receivable and cash guarantees285/8 | €0.02m | €0.02m | €0.06m | €0.05m | €0 | - | - | - |
| Current assets29/58 | €21.8m | €15.2m | €14.9m | €15.3m | €9.7m | €1.2m | €1.4m | ▲ 9.4% |
| Amounts receivable after more than one year29 | €1.1m | €1.1m | €5.1m | €5.1m | €0.06m | - | - | - |
| Other amounts receivable291 | €1.1m | €1.1m | €5.1m | €5.1m | €0.06m | - | - | - |
| Stocks and contracts in progress3 | €5.6m | €3.1m | €4.8m | €4.2m | €0 | - | - | - |
| Stocks30/36 | €5.6m | €3.1m | €4.8m | €4.2m | €0 | - | - | - |
| Goods purchased for resale34 | €5.6m | €3.1m | €4.8m | €4.2m | €0 | - | - | - |
| Amounts receivable within one year40/41 | €11.3m | €9.0m | €3.3m | €4.8m | €5.5m | €0.2m | €1.1m | ▲ 433% |
| Trade receivables40 | €10.9m | €8.6m | €3.0m | €4.4m | €0.5m | €0.01m | €0.003m | ▼ 76.4% |
| Other amounts receivable41 | €0.3m | €0.3m | €0.3m | €0.4m | €5.0m | €0.2m | €1.1m | ▲ 467% |
| Current investments50/53 | €0.8m | €0.8m | - | - | - | - | - | - |
| Other investments51/53 | €0.8m | €0.8m | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €3.0m | €1.2m | €1.7m | €1.2m | €4.1m | €1.0m | €0.3m | ▼ 75.4% |
| Deferred charges and accrued income490/1 | €0.1m | €0.07m | €0.1m | €0.04m | €0.01m | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €30.5m | €23.8m | €23.6m | €23.9m | €18.3m | €3.1m | €4.2m | ▲ 36.1% |
| Equity10/15 | €6.5m | €6.8m | €7.0m | - | €9.6m | €3.0m | €4.2m | ▲ 37.6% |
| Contributions10/11 | €28.7m | €28.7m | €28.7m | €28.7m | €28.7m | €28.7m | €28.7m | = |
| Capital10 | €28.7m | €28.7m | €28.7m | €28.7m | €28.7m | €28.7m | €28.7m | = |
| Issued capital100 | €28.7m | €28.7m | €28.7m | €28.7m | €28.7m | €28.7m | €28.7m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Legal reserve130 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | -€22.4m | -€22.1m | -€21.9m | -€21.3m | -€19.3m | -€25.9m | -€24.8m | ▲ 4.4% |
| Amounts payable17/49 | €24.0m | €17.1m | €16.6m | €16.4m | €8.6m | €0.05m | €0.02m | ▼ 51.6% |
| Amounts payable after more than one year17 | €9.9m | €9.9m | €9.9m | €9.9m | €0 | - | - | - |
| Financial debts170/4 | €9.9m | €9.9m | €9.9m | €9.9m | €0 | - | - | - |
| Other loans174 | €9.9m | €9.9m | €9.9m | €9.9m | €0 | - | - | - |
| Amounts payable within one year42/48 | €11.8m | €4.7m | €4.8m | €3.8m | €8.6m | €0.05m | €0.02m | ▼ 51.6% |
| Trade debts44 | €11.3m | €4.2m | €3.4m | €2.7m | €6.8m | €0.05m | €0.02m | ▼ 51.6% |
| Suppliers440/4 | €11.3m | €4.2m | €3.4m | €2.7m | €6.8m | €0.05m | €0.02m | ▼ 51.6% |
| Advances received on contracts in progress46 | €0.02m | €0.03m | €0.3m | €0.1m | €0 | - | - | - |
| Taxes, remuneration and social security45 | €0.4m | €0.4m | €0.6m | €1.0m | €1.8m | - | - | - |
| Taxes450/3 | €0.07m | €0.07m | €0.2m | €0.03m | €1.8m | - | - | - |
| Remuneration and social security454/9 | €0.4m | €0.4m | €0.5m | €0.9m | €0 | - | - | - |
| Other amounts payable47/48 | - | - | €0.5m | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €2.4m | €2.6m | €2.0m | €2.7m | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.02m | €0.3m | €0.2m | €0.6m | €2.0m | -€6.6m | €1.1m | - |
| + Depreciation and write-downs630 | €0.06m | €0.05m | €0.05m | €0.04m | €0.04m | €0.01m | €0.08m | ▲ 592% |
| Operating cash flow (approximation) | €0.04m | €0.3m | €0.3m | €0.7m | €2.1m | -€6.6m | €1.2m | - |
| Investment in fixed assets (approximation) | - | -€0.05m | -€0.05m | -€0.02m | - | €6.7m | -€1.1m | - |
| Change in cash | - | -€1.8m | €0.5m | -€0.5m | - | -€3.1m | -€0.8m | ▲ 74.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 40 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | full format | 08-01-2026 | 2026-00006410 |
| 30-06-2024 | full format | 03-07-2025 | 2025-00246962 |
| 30-06-2023 | full format | 07-02-2025 | 2025-00030756 |
| 31-12-2021 | full format | 17-03-2023 | 2023-00045138 |
| 31-12-2020 | full format | 18-10-2021 | 2021-72500414 |
| 31-12-2019 | full format | 05-05-2021 | 2021-13500394 |
| 31-12-2018 | full format | 10-10-2019 | 2019-70400037 |
| 31-12-2017 | full format | 25-09-2018 | 2018-65600568 |
| 31-12-2016 | full format | 01-03-2018 | 2018-06200205 |
| 31-12-2015 | full format | 30-06-2016 | 2016-29200552 |
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Of the 148 active companies whose main activity is manufacture of computer, electronic and optical products (NACE 26400), figures are known for 87. 36 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.