Equity
-€329,300
Debts exceed assets in financial year 2025.
ORCA
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €436,566 (2016)
€62,656▼ 82.1%
lowest -€133,377 (2008)
-€8,590▼ €33,442
peak -€238,367 (2021)
-€329,300▼ €8,590
€339,424▼ 21.5%
peak 26.4 FTE (2019)
-not published
Board1 name since 2023
-
Documentsfilings and deeds
07-08-20267 days late
2025micro format
Gross margin from €350,275 to €62,656Loss of €8,590Registered office moved from Ostend to Middelkerke 29-12Debts from €432,160 to €339,424Cash from €17,493 to €4,777
Key points
from the 2025 annual accountsTurnover
≈ €200,000 estimated
The accounts state no turnover.
Debts
€339,424 3,353% of the balance sheet
Financial debts 3%Suppliers 0%Other 97%
Staff
1.8 FTE ▼ 92.8%
Fewer staff in 2025 from 25.1 FTE to 1.8 FTE.
Filings
30 annual accounts since 1996
Ten of the last ten came late. The 2021 accounts came latest: 110 days after the end of the period.
Position in the sector
-3252.9%
Lower solvency than 95% of companies in food and beverage service. Sector median 29.6% · 18,532 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,635 companies had the same profile as ORCA has now. Each dot stands for 17 companies, two years later.
84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,635 companies, not a prediction for ORCA. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Ostend to Middelkerke
New registered office: Kousestraat 34, 8430 Middelkerke · Previous registered office: Nieuwpoortsesteenweg 634, 8400 Oostende · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0455528529
Appointment: (director)
General meeting of 29-11-2023 · Gazette deed
First establishment
WALRAVE, Kousestraat 34, Middelkerke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ORCA Middelkerke | €10,123 | €62,656 | -3252.9% | - |
| BLUESETTE Ghent | €9,032 | €69,276 | -794.3% | - |
| KOK & KO Blankenberge | €10,962 | €83,423 | -402.8% | 1.2 |
| TRE - NAPOLI Antwerp | €13,094 | €65,575 | -227.5% | - |
| HAPY Tubize | €10,935 | €80,403 | -270.8% | - |
| MIRO Aarschot | €13,184 | €46,128 | 61.6% | - |
| K.M.M.SERVICES Liège | €12,853 | €44,802 | 15.1% | - |
These companies have the same main activity as ORCA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €9,030 and €13,200, founded between 1989 and 1997.
Official details
Source: KBO- Status
- Active since 04-07-1995Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.072.407.8698430 Middelkerke, since 19-07-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Insights on ORCA
ORCA files the micro format. That format states no turnover. The gross margin fell from €201,837 in 2006 to €62,656 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ORCA
- What is the company number of ORCA?
- The company number of ORCA is 0455.528.529. The VAT number is the same number with BE in front: BE 0455.528.529.
- Where is ORCA based?
- The registered office is at Kousestraat 34, 8430 Middelkerke.Company details
- What does ORCA do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of ORCA?
- ORCA is a public limited company (NV).
- When was ORCA founded?
- ORCA was founded on 04-07-1995.
- Is ORCA still active?
- Yes, ORCA is an active enterprise in the KBO register.
- How many employees does ORCA have?
- ORCA had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ORCA?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €62,656 and 72 comparable companies (NACE 56111). It probably lies between €170,000 and €270,000. In financial year 2021 turnover was €831,959.
- Is ORCA profitable?
- In financial year 2025, ORCA made a loss of €8,590.
- Where can I find the annual accounts of ORCA?
- ORCA filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ORCA due?
- ORCA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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