Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The accounts state no turnover.
Fewer staff in 2025 from 25.1 FTE to 1.8 FTE.
Ten of the last ten came late. The 2021 accounts came latest: 110 days after the end of the period.
Lower solvency than 95% of companies in food and beverage service. Sector median 29.6% · 18,532 companies.
In July 2024, 6,635 companies had the same profile as ORCA has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| 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.
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.
Lower than 95% of 18,801 companies in 2024.
Lower than 95% of 17,887 companies in 2025.
Lower than 95% of 17,984 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 6 people joined and 11 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
10,123 | 111,450 | 129,673 | 147,465 | 194,919 | 69,627 | 120,103 | 87,426 | 93,406 | 72,175 | 43,582 | 50,502 | 54,933 | 96,965 | 93,215 | 83,694 | 82,625 | 109,678 | 142,059 | 186,242 | |
21/28 |
3,042 | 54,757 | 54,295 | 44,587 | 39,285 | 32,808 | 47,102 | 55,776 | 48,311 | 26,285 | 28,767 | 34,941 | 40,339 | 44,571 | 44,251 | 43,228 | 60,861 | 86,003 | 110,972 | 144,590 | |
22/27 |
- | 41,142 | 40,680 | 30,971 | 25,669 | 19,508 | 33,802 | 42,476 | 34,711 | 10,813 | 13,295 | 19,469 | 24,459 | 28,690 | 34,242 | 33,219 | 47,652 | 72,794 | 98,203 | 131,821 | |
22 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 198 | 719 | 6,251 | 16,118 | 25,984 | 37,235 | |
23 |
- | 38,090 | 40,680 | 30,971 | 24,295 | 13,787 | 23,735 | 28,062 | 22,825 | 10,349 | 9,484 | 13,595 | 15,811 | 20,504 | 26,084 | 16,987 | 19,038 | 20,745 | 32,801 | 41,749 | |
24 |
- | 964 | 0 | 0 | 1,375 | 5,721 | 10,067 | 14,413 | 11,886 | 463 | 1,753 | 3,817 | 6,590 | 6,129 | 4,144 | 3,825 | 5,376 | 11,074 | 17,033 | 20,203 | |
25 |
- | 2,088 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
3,042 | 13,615 | 13,615 | 13,615 | 13,615 | 13,300 | 13,300 | 13,300 | 13,600 | 15,472 | 15,472 | 15,472 | 15,881 | 15,881 | 10,009 | 10,009 | 13,209 | 13,209 | 12,770 | 12,770 | |
29/58 |
7,082 | 56,693 | 75,377 | 102,878 | 155,634 | 36,819 | 73,001 | 31,650 | 45,095 | 45,891 | 14,815 | 15,561 | 14,593 | 52,393 | 48,964 | 40,466 | 21,764 | 23,675 | 31,087 | 41,652 | |
3 |
- | 28,875 | 28,875 | 32,871 | 15,593 | 16,980 | 17,088 | 15,175 | 16,267 | 9,483 | 12,270 | 10,382 | 7,424 | 7,424 | 8,785 | 10,912 | 10,912 | 10,323 | 9,424 | 10,856 | |
30/36 |
- | 28,875 | 28,875 | 32,871 | 15,593 | 16,980 | 17,088 | 15,175 | 16,267 | 9,483 | 12,270 | 10,382 | 7,424 | 7,424 | 8,785 | 10,912 | 10,912 | 10,323 | 9,424 | 10,856 | |
40/41 |
2,305 | 10,295 | 10,292 | 20,739 | - | 3,051 | - | 7,251 | 5,292 | 13,319 | 1,938 | 1,921 | - | 2,757 | - | - | - | - | 10,453 | 6,521 | |
40 |
- | - | 91 | 328 | - | - | - | - | 5,292 | 13,319 | 1,938 | 1,921 | - | 2,757 | - | - | - | - | 10,453 | 6,521 | |
41 |
2,305 | 10,295 | 10,201 | 20,410 | - | 3,051 | - | 7,251 | - | - | - | - | - | - | - | - | - | - | - | - | |
50/53 |
- | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 29 | 29 | 10,029 | 10,029 | 10,029 | 10,025 | 10,025 | 10,025 | 10,025 | |
54/58 |
4,777 | 17,493 | 36,180 | 49,238 | 140,010 | 15,267 | 55,882 | 9,194 | 23,506 | 23,059 | 577 | 3,229 | 7,140 | 32,184 | 30,150 | 19,525 | 826 | 3,327 | 1,185 | 14,249 | |
490/1 |
- | - | - | - | - | 1,491 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
10,123 | 111,450 | 129,673 | 147,465 | 194,919 | 69,627 | 120,103 | 87,426 | 93,406 | 72,175 | 43,582 | 50,502 | 54,933 | 96,965 | 93,215 | 83,694 | 82,625 | 109,678 | 142,059 | 186,242 | |
10/15 |
-329,300 | -320,710 | -345,562 | -260,938 | -238,367 | -364,973 | -311,972 | -349,716 | -377,198 | -382,050 | -489,641 | -492,105 | -533,237 | -552,126 | -587,728 | -605,643 | -636,529 | -518,830 | -385,453 | -276,049 | |
10/11 |
74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | |
100 |
- | - | - | - | - | 0 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | |
11 |
74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
74,368 | 74,368 | 74,368 | 74,368 | 74,368 | 74,368 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-403,668 | -395,078 | -419,930 | -335,306 | -312,735 | -439,341 | -386,340 | -424,084 | -451,566 | -456,418 | -564,009 | -566,473 | -607,605 | -626,494 | -662,096 | -680,011 | -710,897 | -593,199 | -459,821 | -350,417 | |
17/49 |
339,424 | 432,160 | 475,235 | 408,403 | 433,286 | 434,601 | 432,076 | 437,142 | 470,604 | 454,225 | 533,223 | 542,607 | 588,169 | 649,091 | 680,943 | 689,337 | 719,153 | 628,508 | 527,513 | 462,291 | |
17 |
- | 19,500 | 27,677 | 51,878 | 51,878 | 63,500 | 32,939 | 72,008 | 107,445 | 139,587 | 171,241 | 197,684 | 221,669 | 61,462 | 106,843 | 93,986 | 149,700 | 76,998 | 42,014 | 65,285 | |
170/4 |
- | 19,500 | 27,677 | 51,878 | 51,878 | 63,500 | 32,939 | 72,008 | 107,445 | 139,587 | 171,241 | 197,684 | 221,669 | 61,462 | 106,843 | 93,986 | 149,700 | 76,998 | 42,014 | 65,285 | |
42/48 |
339,424 | 412,660 | 447,558 | 356,525 | 381,408 | 371,101 | 399,136 | 365,134 | 363,159 | 314,638 | 361,982 | 344,923 | 366,500 | 587,629 | 574,100 | 595,351 | 569,454 | 551,511 | 485,499 | 397,006 | |
42 |
- | - | - | - | 23,716 | 13,439 | 39,069 | 35,437 | 32,142 | 29,154 | 26,443 | 23,985 | 21,755 | 45,382 | 56,909 | 52,359 | 52,923 | 16,840 | 25,565 | 40,289 | |
43 |
9,137 | 2,695 | 9,915 | 7,496 | - | - | - | - | - | - | - | - | - | 156,076 | 152,291 | 154,138 | 150,291 | 153,712 | 67,389 | 39,716 | |
430/8 |
9,137 | 2,695 | 9,915 | 7,496 | - | - | - | - | - | - | - | - | - | 156,076 | 152,291 | 154,138 | 150,291 | 153,712 | 67,389 | 39,716 | |
44 |
206 | 36,797 | 61,766 | 63,478 | 77,478 | 88,118 | 60,844 | 49,461 | 31,137 | 44,498 | 60,769 | 91,239 | 105,385 | 96,949 | 89,854 | 95,597 | 139,514 | 137,499 | 135,047 | 83,372 | |
440/4 |
206 | 36,797 | 61,766 | 63,478 | 77,478 | 88,118 | 60,844 | 49,461 | 31,137 | 44,498 | 60,769 | 91,239 | 105,385 | 96,949 | 89,854 | 95,597 | 139,514 | 137,499 | 135,047 | 83,372 | |
46 |
- | - | - | - | - | - | - | - | - | 14,478 | - | - | - | - | - | - | - | - | - | - | |
45 |
- | 37,174 | 77,598 | 48,942 | 31,812 | 8,898 | 19,137 | 13,078 | 33,478 | 34,210 | 97,012 | 87,742 | 121,629 | 165,811 | 141,636 | 133,944 | 48,235 | 68,814 | 71,022 | 31,412 | |
450/3 |
- | 12,449 | 29,287 | 21,038 | 5,957 | 0 | 8,624 | 13,078 | 7,509 | 16,409 | 20,099 | 37,080 | 33,164 | 68,471 | 61,648 | 73,104 | 18,824 | 50,893 | 54,448 | 11,581 | |
454/9 |
- | 24,725 | 48,311 | 27,903 | 25,856 | 8,898 | 10,513 | - | 25,968 | 17,801 | 76,913 | 50,662 | 88,466 | 97,341 | 79,988 | 60,840 | 29,411 | 17,921 | 16,574 | 19,832 | |
47/48 |
330,081 | 335,995 | 298,279 | 236,610 | 248,401 | 260,645 | 280,087 | 267,159 | 266,403 | 192,298 | 177,757 | 141,957 | 117,731 | 123,410 | 133,409 | 159,314 | 178,491 | 174,646 | 186,476 | 202,217 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | 831,959 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
53,858 | 3,955 | 839 | 3,052 | - | - | - | - | - | - | - | - | 21,175 | - | - | 2,572 | - | - | - | - | |
9900 |
62,656 | 350,275 | 431,478 | 336,495 | 398,442 | 226,067 | 401,491 | 405,750 | 368,680 | 436,566 | 322,282 | 303,720 | 307,487 | 324,451 | 321,866 | 325,506 | 180,012 | 179,765 | 127,696 | 201,837 | |
60/61 |
- | - | - | - | 465,616 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
62 |
67,434 | 307,750 | 387,473 | 339,418 | 246,971 | 241,034 | 336,212 | 343,677 | 334,466 | 298,886 | 289,747 | 243,417 | 265,923 | 255,611 | 226,190 | 234,357 | 242,131 | 230,834 | 177,657 | 185,777 | |
630 |
- | 13,190 | 10,446 | 9,837 | 13,088 | 14,294 | 15,394 | 15,445 | 11,529 | 8,072 | 7,646 | 8,136 | 10,014 | 10,779 | 17,180 | 28,982 | 37,655 | 36,332 | 45,282 | 52,775 | |
640/8 |
2,245 | 1,063 | 20,016 | 2,581 | 2,512 | 1,897 | 3,481 | 6,585 | 2,046 | 1,774 | 1,897 | 3,098 | 2,237 | 2,962 | 33,339 | 2,683 | 5,454 | 16,255 | 5,832 | 1,812 | |
9901 |
-7,023 | 28,272 | 13,543 | -15,341 | 135,871 | -31,158 | 46,404 | 40,043 | 20,640 | 127,833 | 22,992 | 49,070 | 29,313 | 55,099 | 45,157 | 59,484 | -105,229 | -103,657 | -101,076 | -38,527 | |
75/76B |
0 | - | 21 | 1,354 | 64 | 7 | 5,037 | 346 | 1 | 754 | 6,563 | 6,596 | 5,063 | 6,130 | 28 | 28 | 2,218 | 2,254 | 6,649 | 5,555 | |
75 |
0 | - | 21 | 1,354 | 64 | 7 | 5,037 | 346 | 1 | 25 | 6,563 | 6,596 | 5,063 | 6,130 | 28 | 28 | 2,218 | 2,254 | 6,649 | 5,555 | |
76B |
- | - | - | - | - | - | - | - | - | 729 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
1,567 | 3,420 | 21,600 | 8,585 | 9,329 | 4,724 | 13,697 | 12,907 | 15,790 | 20,997 | 27,091 | 14,534 | 36,662 | 25,627 | 27,270 | 31,198 | 14,687 | 31,975 | 14,977 | 13,891 | |
65 |
1,567 | 3,420 | 21,600 | 3,585 | 9,329 | 4,724 | 13,697 | 12,907 | 15,790 | 20,997 | 27,091 | 14,534 | 36,662 | 25,627 | 27,270 | 31,198 | 14,687 | 31,975 | 14,977 | 13,891 | |
66B |
- | - | - | 5,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
-8,590 | 24,852 | -8,036 | -22,571 | 126,606 | -35,875 | 37,744 | 27,482 | 4,852 | 107,591 | 2,464 | 41,132 | 18,889 | 35,602 | 17,915 | 30,886 | -117,698 | -133,377 | -109,405 | -46,863 | |
67/77 |
- | - | 76,588 | - | - | 17,126 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
-8,590 | 24,852 | -84,623 | -22,571 | 126,606 | -53,001 | 37,744 | 27,482 | 4,852 | 107,591 | 2,464 | 41,132 | 18,889 | 35,602 | 17,915 | 30,886 | -117,698 | -133,377 | -109,405 | -46,863 | |
9905 |
-8,590 | 24,852 | -84,623 | -22,571 | 126,606 | -53,001 | 37,744 | 27,482 | 4,852 | 107,591 | 2,464 | 41,132 | 18,889 | 35,602 | 17,915 | 30,886 | -117,698 | -133,377 | -109,405 | -46,863 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-403,668 | -395,078 | -419,930 | -335,306 | -312,735 | -439,341 | -386,340 | -424,084 | -451,566 | -456,418 | -564,009 | -566,473 | -607,605 | -626,494 | -662,096 | -680,011 | -710,897 | -593,199 | -459,821 | -350,417 | |
14P |
-395,078 | -419,930 | -335,306 | -312,735 | -439,341 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
1.8 | 25.1 | - | 30.8 | 22.9 | 23 | 26.4 | 20.3 | 20.5 | 14 | 13.3 | 12.8 | 12.2 | 9.2 | 10.3 | 8.5 | 8 | 9.8 | 8.3 | 7.5 | |
Hours worked1013 |
1,713 | 11,771 | - | 14,507 | 10,618 | 9,646 | 14,399 | 15,494 | 15,297 | 13,717 | 12,239 | 11,334 | 124,228 | 11,314 | 11,574 | 11,168 | 10,095 | 12,046 | 10,650 | 10,715 | |
| Document | |||||||||||||||||||||
The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 07-08-2026.
2025 annual accounts filed 7 days after the deadline. Filed on 7 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00387185.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 07-08-2026 | 2026-00387185 | |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00515908 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00483980 | |
| 31-12-2022 | micro format | 10-10-2023 | 2023-00480046 | |
| 31-12-2021 | micro format | 18-11-2022 | 2022-20521864 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-60900105 | |
| 31-12-2019 | abbreviated format | 26-10-2020 | 2020-63100244 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-60300277 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-59900282 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-54300235 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-55800434 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-54700021 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-54200494 | |
| 31-12-2012 | abbreviated format | 28-08-2013 | 2013-49800586 | |
| 31-12-2011 | abbreviated format | 27-11-2012 | 2012-64800432 | |
| 31-12-2010 | abbreviated format | 30-08-2011 | 2011-50000462 | |
| 31-12-2009 | abbreviated format | 30-09-2010 | 2010-56400046 | |
| 31-12-2008 | abbreviated format | 30-09-2009 | 2009-78200141 | |
| 31-12-2007 | abbreviated format | 29-09-2008 | 2008-74800166 | |
| 31-12-2006 | abbreviated format | 28-09-2007 | 2007-75500102 | |
| 31-12-2005 | abbreviated format | 30-08-2006 | 2006-69704648 | |
| 31-12-2004 | abbreviated format | 29-09-2005 | 2005-72803279 | |
| 31-12-2003 | abbreviated format | 21-12-2004 | 2004-86700488 | |
| 31-12-2002 | abbreviated format | 07-01-2004 | 2004-00502700 | |
| 31-12-2001 | abbreviated format | 26-09-2002 | 2002-59102676 | |
| 31-12-2000 | abbreviated format | 29-11-2001 | 2001-72103866 | |
| 31-12-1999 | abbreviated format | 12-07-2000 | 2000-40400249 | |
| 31-12-1998 | abbreviated format | 29-06-1999 | 1999-26204643 | |
| 31-12-1997 | abbreviated format | 25-06-1998 | 1998-24104170 | |
| 30-06-1996 | abbreviated format | 31-12-1996 | 1996-55801405 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 41,462 | 23,990 | -5,504 | 148,959 | -16,864 | 61,798 | 55,488 | 32,169 | 135,906 | 30,637 | 57,205 | 39,327 | 65,878 | 62,337 | 88,466 | -67,574 | -67,325 | -55,794 | 14,248 | ||
| - | 38,042 | -74,177 | -12,734 | 139,694 | -38,707 | 53,138 | 42,928 | 16,380 | 115,663 | 10,109 | 49,268 | 28,903 | 46,381 | 35,095 | 59,868 | -80,043 | -97,045 | -64,122 | 5,912 | ||
| - | 13,652 | 20,155 | 15,139 | 19,565 | 0 | 6,721 | 23,210 | 35,427 | 7,861 | 1,471 | 3,146 | 5,783 | 11,099 | 18,203 | 11,977 | 12,513 | 11,362 | 11,665 | 38,032 | ||
| -12,716 | -18,687 | -13,058 | -90,772 | 124,743 | -40,616 | 46,689 | -14,312 | 447 | 22,481 | -2,651 | -3,912 | -25,043 | 2,034 | 10,625 | 18,699 | -2,501 | 2,142 | -13,064 | - | ||
| -332,342 | -355,967 | -372,181 | -253,647 | -225,774 | -334,281 | -326,135 | -333,484 | -318,064 | -268,747 | -347,167 | -329,362 | -351,907 | -535,236 | -525,136 | -554,885 | -547,690 | -527,836 | -454,412 | -355,354 | ||
| - | - | - | - | 16.3% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | -287.8% | -266.5% | -176.9% | -122.3% | -524.2% | -259.8% | -400.0% | -403.8% | -529.3% | - | -974.4% | -970.7% | -569.4% | -630.5% | -723.6% | -770.4% | -473.0% | -271.3% | -148.2% | ||
| 0.02 | 0.14 | 0.17 | 0.29 | 0.41 | 0.10 | 0.18 | 0.09 | 0.12 | 0.15 | 0.04 | 0.05 | 0.04 | 0.09 | 0.09 | 0.07 | 0.04 | 0.04 | 0.06 | 0.10 | ||
| 0.02 | 0.07 | 0.10 | 0.20 | 0.37 | 0.05 | 0.14 | 0.05 | 0.08 | 0.12 | 0.01 | 0.02 | 0.02 | 0.08 | 0.07 | 0.05 | 0.02 | 0.02 | 0.04 | 0.08 | ||
| -84.9% | 22.3% | -65.3% | -15.3% | 65.0% | -76.1% | 31.4% | 31.4% | 5.2% | 149.1% | 5.7% | 81.4% | 34.4% | 36.7% | 19.2% | 36.9% | -142.4% | -121.6% | -77.0% | -25.2% | ||
| - | 12.12 | 1.11 | -1.54 | 15.97 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | 61 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €10,123, equity -€329,300).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | - | 26 | 36 | 28 |
| full-time | - | 26 | 35 | 27 |
| part-time | - | - | 1 | 1 |
| in full-time equivalents | - | 26 | 35.3 | 27.3 |
| 1.8 | 25.1 | 30.8 | 22.9 | |
| On a permanent contract | - | 3 | 6 | 7 |
| Joined | 6 | 89 | - | 70 |
| Left | 11 | 86 | - | 62 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €13,652 | €20,155 | €15,139 | €19,250 |
| Financial fixed assets | - | - | - | - | €315 |
| - | €13,190 | €10,446 | €9,837 | €13,088 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €7,023, after a profit of €28,272 in 2024. It is the lowest result since 2022.
Equity is negative. Debt (€339,424) exceeds the balance-sheet total (€10,123).
ORCA has no parent and no holdings in its annual accounts. ORCA shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| WALRAVE registered office Kousestraat 34, 8430 Middelkerke 1085001 Manufacture of food products | 19-07-1995 | 2.072.407.869 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 35322C0348/00V000 | 1,492 m² | 1 · 266 m² | 6.5 m · 1 |
If something looks wrong or is missing, please tell us.