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ORCAN

Active
Private limited company (pre-2019)founded 201312 yrs activeWitte-Kaproenenstraat 15, 8800 Roeselare, BelgiumKBO/BCE: BE 0543.394.196
Summary

ORCAN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €253,089 and a net result of €12,395. Equity is shrinking by ~34% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability45▲+41
Solvency86▲+1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.15 in 2024; short-term debt: 39.1% and cash: 5.3% of total assets), and 39.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60.9%
Return on assets
3%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-09-2025, 124 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
124 d early
2024
86 d early
2023
69 d early
2022
62 d early
2021
82 d early
2020
41 d early
2019
53 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 74 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 December 2013, ORCAN was incorporated.1 Total assets went from EUR 2.2 million in 2019 to EUR 415,368 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€253,089▲ 5.2%
2024 · €240,693
Total assets
€415,368▲ 3.1%
2024 · €402,973
Net result
€12,395
2024 · -€54,221
Working capital
-€140,450▼ 1.3%
2024 · -€138,624
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€1,654▼ 144%-€1,657▼ 0.2%-€1,661▼ 0.2%-€1,765▼ 6.3%-€1,784▼ 1.1%
Net result-€8,499-€8,516▼ 0.2%-€1.7m▼ 19,980%-€54,221▲ 96.8%€12,395
Equity€2.0m▼ 0.4%€2.0m▼ 0.4%€294,915▼ 85.3%€240,693▼ 18.4%€253,089▲ 5.2%
Total assets€2.2m▼ 0.2%€2.2m▼ 0.4%€462,194▼ 78.8%€402,973▼ 12.8%€415,368▲ 3.1%
Debt€174,088▲ 2.9%€174,088=€167,279▼ 3.9%€162,280▼ 3.0%€162,279=
Working capital-€121,830▼ 7.4%-€130,347▼ 7.0%-€136,819▼ 5.0%-€138,624▼ 1.3%-€140,450▼ 1.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€2.0m-€1.5m-€1.0m-€500,000€0Operating result 2021: -€1,654-€1,654Net result 2021: -€8,499-€8,499Operating result 2022: -€1,657-€1,657Net result 2022: -€8,516-€8,516Operating result 2023: -€1,661-€1,661Net result 2023: -€1.7m-€1.7mOperating result 2024: -€1,765-€1,765Net result 2024: -€54,221-€54,221Operating result 2025: -€1,784-€1,784Net result 2025: €12,395€12,39520212022202320242025-€2m-€1.5m-€1m-€500,000€0Operating result 2023: -€1,661-€1,660Net result 2023: -€1.7m-€1.7mOperating result 2024: -€1,765-€1,770Net result 2024: -€54,221-€54,200Operating result 2025: -€1,784-€1,780Net result 2025: €12,395€12,400202320242025
The operating result stays negative: a loss of €1,784 in 2025 against €1,765 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €415,368
Fixed assets €393,539 ▲ 3.7%
Current assets €21,829 ▼ 7.7%
Equity and liabilities €415,368
Equity €253,089 ▲ 5.2%
Debt €162,279 =
Debt's share of the balance-sheet total falls from 40.3% to 39.1%. Equity is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.13▼
2024 · 0.15
Debt to equity
0.64▼
2024 · 0.67
ROE
4.9%▲
2024 · -22.5%
ROA
3.0%▲
2024 · -13.5%
Debt ≤ 1 year
€162,279=
2024 · €162,280
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€402,973€415,368▲
Fixed assets21/28€379,317€393,539▲
Financial fixed assets28€379,317€393,539▲
Current assets29/58€23,656€21,829▼
Cash at bank and in hand54/58€23,656€21,829▼
Equity and liabilities
Total equity and liabilities10/49€402,973€415,368▲
Equity10/15€240,693€253,089▲
Contributions10/11€18,600€18,600=
Reserves13€222,093€234,489▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€220,233€232,629▲
Amounts payable17/49€162,280€162,279=
Amounts payable within one year42/48€162,280€162,279=
Other amounts payable47/48€162,280€162,279=
Income statement Code20242025
Other operating charges640/8€1,075€1,094▲
Gross operating margin9900-€690-€690=
Operating profit (loss)9901-€1,765-€1,784▼
Financial income75/76B-€14,222
Recurring financial income75-€14,222
Non-recurring financial income76B-€14,222
Financial charges65/66B€52,456€43▼
Recurring financial charges65€52,456€43▼
Non-recurring financial charges66B€52,456-
Profit (loss) for the period before taxes9903-€54,221€12,395▲
Profit (loss) for the period9904-€54,221€12,395▲
Profit (loss) for the period to be appropriated9905-€54,221€12,395▲
Appropriation of the result
Profit (loss) to be appropriated9906-€54,221€12,395▲
Transfer from equity791/2€54,221-
Transfer to equity691/2-€12,395
To other reserves6921-€12,395

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€979€980€1,075€1,094▲ 1.8%
Gross operating margin9900-€677-€678-€681-€690-€690=
Operating profit (loss)9901-€1,654-€1,657-€1,661-€1,765-€1,784▼ 1.1%
Financial income75/76B----€14,222-
Recurring financial income75----€14,222-
Non-recurring financial income76B----€14,222-
Financial charges65/66B-€6,859€1.7m€52,456€43▼ 99.9%
Recurring financial charges65€6,845€6,859€46€52,456€43▼ 99.9%
Non-recurring financial charges66B--€1.7m€52,456--
Profit (loss) for the period before taxes9903-€8,499-€8,516-€1.7m-€54,221€12,395▲ 123%
Profit (loss) for the period9904-€8,499-€8,516-€1.7m-€54,221€12,395▲ 123%
Profit (loss) for the period to be appropriated9905-€8,499-€8,516-€1.7m-€54,221€12,395▲ 123%
Line20212022202320242025Change
Assets
Total assets20/58€2.2m€2.2m€462,194€402,973€415,368▲ 3.1%
Fixed assets21/28€2.1m€2.1m€431,734€379,317€393,539▲ 3.7%
Financial fixed assets28€2.1m€2.1m€431,734€379,317€393,539▲ 3.7%
Current assets29/58€47,492€38,975€30,460€23,656€21,829▼ 7.7%
Cash at bank and in hand54/58€47,492€38,975€30,460€23,656€21,829▼ 7.7%
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.2m€462,194€402,973€415,368▲ 3.1%
Equity10/15€2.0m€2.0m€294,915€240,693€253,089▲ 5.2%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€2.0m€2.0m€276,315€222,093€234,489▲ 5.6%
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-€2.0m€274,455€220,233€232,629▲ 5.6%
Profit (loss) carried forward14€6,782-----
Amounts payable17/49€174,088€174,088€167,279€162,280€162,279=
Amounts payable within one year42/48€169,322€169,322€167,279€162,280€162,279=
Financial debts43-€167,280----
Other loans439-€167,280----
Taxes, remuneration and social security45-€2,042----
Taxes450/3-€2,042----
Other amounts payable47/48--€167,279€162,280€162,279=
Accrued charges and deferred income492/3-€4,766----
Line20212022202320242025Change
Profit (loss) for the period9904-€8,499-€8,516-€1.7m-€54,221€12,395▲ 123%
Operating cash flow (approximation)-€8,499-€8,516-€1.7m-€54,221€12,395▲ 123%
Investment in fixed assets (approximation)-€0€1.7m€52,417-€14,222▼ 127%
Change in cash--€8,517-€8,515-€6,804-€1,827▲ 73.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
29-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial Back to profitnet €12,395
Net result €12,395 after 4 loss-making years.
2024
06-11
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
23-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial Weakest financial yearnet -€1.7m
Net result drops to -€1.7m, the lowest in the series; recovery starts the following year.
2022
30-11
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
10-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
21-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
09-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Roeselare · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
965 m²
Building footprint
184 m²
Volume, LiDAR
920 m³
Parcel 36503C1235/00Z000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Orcan
Witte-Kaproenenstraat 15, 8800 RoeselareFinancial service activities, except insurance and pension funding
since 20132.226.539.285
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36503C1235/00Z000 Flanders 965 m² 1 · 184 m² 7.9 m · 2 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-06-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-06-2025 of ORCAN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded18-12-2013
Fiscal year end30-06
Contact
E-mail carly.heloise@gmail.comRoeselare
E-mail info@iat.beRoeselare
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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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.