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ORCHIFLOR

Active
Private limited companyfounded 201313 yrs activeBaardegem-Dorp 41, 9310 Aalst, BelgiumKBO/BCE: BE 0521.737.264

ORCHIFLOR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €418k and a net result of €49k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 36% of 9582 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2024
70 / 100
Healthy▼ -19 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability58▼-11
Solvency41▼-27
Growth78=
Stability100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.39 in 2023), and 73.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 13 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d early
2023
37 d early
2022
11 d early
2021
19 d early
2020
31 d early
2019
14 d late
← before the deadline after the 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

Financials · fiscal year 2024, abbreviated schema

Equity
€418k▼ 4.8%
2023 · €440k
2018: €159k 2019: €191k 2020: €259k 2021: €328k 2022: €382k 2023: €440k
2018 → 2024
Total assets
€1.58M▲ 38.6%
2023 · €1.14M
2018: €1.02M 2019: €963k 2020: €993k 2021: €1.04M 2022: €1.11M 2023: €1.14M
2018 → 2024
Net result
€49k▼ 20.0%
2023 · €61k
2018: €25k 2019: €35k 2020: €71k 2021: €95k 2022: €57k 2023: €61k
2018 → 2024
Working capital
€10k▼ 90.8%
2023 · €112k
2018: €-67k 2019: €-23k 2020: €34k 2021: €91k 2022: €37k 2023: €112k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€259k-€328k▲ 26.7%€382k▲ 16.4%€440k▲ 15.1%€418k▼ 4.8%
Operating result€95k-€147k▲ 54.2%€90k▼ 38.4%€107k▲ 17.9%€94k▼ 12.1%
Net result€71k-€95k▲ 32.6%€57k▼ 39.8%€61k▲ 6.6%€49k▼ 20.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €95k€95kNet result 2020: €71k€71kOperating result 2021: €147k€147kNet result 2021: €95k€95kOperating result 2022: €90k€90kNet result 2022: €57k€57kOperating result 2023: €107k€107kNet result 2023: €61k€61kOperating result 2024: €94k€94kNet result 2024: €49k€49k20202021202220232024
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.58M
Fixed assets €1.20M▲ 62.0%
Current assets €379k▼ 4.9%
Equity and liabilities €1.58M
Equity €418k▼ 4.8%
Debt €1.16M▲ 65.9%
The debt ratio rises from 61.3% to 73.4%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€216k
2023 · €221k
Cash flow
€172k
2023 · €175k
Solvency
26.6%
2023 · 38.7%
Current ratio
1.03
2023 · 1.39
Quick ratio
0.82
2023 · 1.12
Debt / equity
2.77
2023 · 1.59
ROE
11.6%
2023 · 13.8%
ROA
3.1%
2023 · 5.4%
Interest coverage
7.91
2023 · 9.10
Debt
€1.16M
2023 · €697k
Debt ≤ 1 year
€369k
2023 · €287k
Debt > 1 year
€779k
2023 · €404k
Income taxes
€19k
2023 · €23k
Staff costs
€230k
2023 · €208k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.14M€1.58M
Fixed assets21/28€739k€1.20M
Tangible fixed assets22/27€739k€670k
Land and buildings22€505k€451k
Plant, machinery and equipment23€650€457
Furniture and vehicles24€126k€125k
Other tangible fixed assets26€107k€93k
Financial fixed assets28-€527k
Current assets29/58€398k€379k
Stocks and contracts in progress3€76k€76k
Stocks30/36€76k€76k
Amounts receivable within one year40/41€29k€191k
Trade receivables40€20k€13k
Other amounts receivable41€9k€179k
Current investments50/53€203k€72k
Cash at bank and in hand54/58€87k€36k
Deferred charges and accrued income490/1€4k€3k
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.58M
Equity10/15€440k€418k
Contributions10/11€66k€66k=
Reserves13€374k€352k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€374k€352k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€697k€1.16M
Amounts payable after more than one year17€404k€779k
Financial debts170/4€404k€779k
Amounts payable within one year42/48€287k€369k
Current portion of amounts payable after more than one year42€103k€146k
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€8k€2k
Suppliers440/4€8k€2k
Taxes, remuneration and social security45€66k€64k
Taxes450/3€33k€27k
Remuneration and social security454/9€32k€37k
Other amounts payable47/48€110k€156k
Accrued charges and deferred income492/3€7k€10k
Income statement Code20232024
Remuneration, social security and pensions62€208k€230k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€114k€123k
Other operating charges640/8€5k€10k
Gross operating margin9900€434k€457k
Operating profit (loss)9901€107k€94k
Financial income75/76B€1k€2k
Recurring financial income75€1k€2k
Financial charges65/66B€24k€27k
Recurring financial charges65€24k€27k
Profit (loss) for the period before taxes9903€84k€68k
Income taxes67/77€23k€19k
Profit (loss) for the period9904€61k€49k
Profit (loss) for the period to be appropriated9905€61k€49k
Appropriation of the result
Profit (loss) to be appropriated9906€61k€49k
Transfer from equity791/2-€67k
Transfer to equity691/2€58k€45k
To other reserves6921€58k€45k
Profit to be distributed694/7€3k€70k
Return on contributions (dividend)694€3k€70k
Social balance
Average headcount (FTE)90875.56.5

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €95k ▲32.6%
Operating result €147k, net result €95k, both a record.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €200kEq €259k ▲35.8%
3 profitable years in a row build equity to €259k.
14-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
03-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
21-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 directors, no change since 2023
VAN DEN BRANDEN Julie
Director · since 30-11-2023
Current
VANDERMAETEN Kim
Director · since 30-11-2023
Current
30-11-2023 VAN DEN BRANDEN Julie: Appointed as Director
30-11-2023 VANDERMAETEN Kim: Appointed as Director
30-11-2023 VANDERMAETEN Johan: Resigned as Director
Location & real-estate footprint
Registered office, Aalst · 4 establishment units since 2013
establishment approximate All 4 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Baardegem-Dorp 419310 Aalst
Ground area
1.5 ha
Building footprint
586 m²
Volume, LiDAR
3,480 m³
3 parcels, Flanders, Wallonia · tallest building 13.2 m, ±2 floors. Linked by address, not a title deed.
4 establishment units
Orchiflor
Avenue du Douaire 2, 1340 Ottignies-Louvain-la-NeuveRetail sale of flowers, plants, seeds and fertilisers
since 20132.218.577.961
Orchiflor
Baardegem-Dorp 41, 9310 AalstRetail sale of flowers, plants, seeds and fertilisers
since 20132.218.578.753
Orchiflor
Brusselbaan 363, 1790 AffligemRetail sale of flowers, plants, seeds and fertilisers
since 20132.218.578.852
Observa
Avenue du Douaire 1, 1340 Ottignies-Louvain-la-NeuveRetail trade
since 20172.266.398.466
3 parcels
Flanders 2 (66.7%) Wallonia 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
25083F0064/00B000 Wallonia 1.2 ha 1 · 119 m² 7.3 m · 2 fl.
23021A0213/00G000 Flanders 2,033 m² 1 · 183 m² 8.3 m · 2 fl.
41005C0158/00R000 Flanders 1,043 m² 1 · 285 m² 13.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 410 companies in sector 47722 we hold annual accounts for 165. 113 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-03-2013
Fiscal year end31-12
Activities, NACEBEL
47722Retail trade
47761Retail sale of flowers, plants, seeds and fertilisers
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.