ORCIBO
ActiveSummary
The computed 12-month bankruptcy probability of ORCIBO is 2.4% (moderate). The 2025 annual accounts show equity of €55k and a net result of €-648. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 18400 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-32
Solvency86▲+11
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 1.94 in 2024; short-term debt: 39.5% of total assets), and 39.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.5%
Return on assets
-0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
21 d late
2024
1 d early
2023
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▼ 1.2%
2024 · €56k
2023: €22klowest in 3 years
2024: €56k▲ +154% vs 2023highest in 3 years
2025: €55k▼ -1.2% vs 2024
2023 → 2025
Total assets
€92k▼ 18.3%
2024 · €112k
2023: €58klowest in 3 years
2024: €112k▲ +94.9% vs 2023highest in 3 years
2025: €92k▼ -18.3% vs 2024
2023 → 2025
Net result
€-648
2024 · €34k
2023: €20k
2024: €34k▲ +69.4% vs 2023highest in 3 years
2025: €-648▼ -102% vs 2024lowest in 3 years
2023 → 2025
Working capital
€53k▲ 0.9%
2024 · €53k
2023: €3klowest in 3 years
2024: €53k▲ +1825% vs 2023
2025: €53k▲ +0.9% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€22k-€56k▲ 154%€55k▼ 1.2%
2023: €22klowest in 3 years
2024: €56k▲ +154% vs 2023highest in 3 years
2025: €55k▼ -1.2% vs 2024
Operating result€30k-€48k▲ 64.2%€262▼ 99.5%
2023: €30k
2024: €48k▲ +64.2% vs 2023highest in 3 years
2025: €262▼ -99.5% vs 2024lowest in 3 years
Net result€20k-€34k▲ 69.4%€-648
2023: €20k
2024: €34k▲ +69.4% vs 2023highest in 3 years
2025: €-648▼ -102% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 99% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€2k ▼ 31.6%
Current assets
€89k ▼ 17.9%
Equity and liabilities €92k
Equity
€55k ▼ 1.2%
Debt
€36k ▼ 35.5%
Debt's share of the balance-sheet total falls from 50.0% to 39.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1k▼
2024 · €49k
Cash flow
€477▼
2024 · €35k
Current ratio
2.47▲
2024 · 1.94
Debt to equity
0.65▼
2024 · 1.00
ROE
-1.2%▼
2024 · 60.6%
ROA
-0.7%▼
2024 · 30.3%
Interest coverage
9.98▼
2024 · 348.07
Debt ≤ 1 year
€36k▼
2024 · €56k
Income taxes
€771▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€112k€92k▼
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€109k€89k▼
Amounts receivable within one year40/41€7k€3k▼
Trade receivables40€6k€0▼
Other amounts receivable41€1k€3k▲
Current investments50/53€102k€86k▼
Equity and liabilities
Total equity and liabilities10/49€112k€92k▼
Equity10/15€56k€55k▼
Contributions10/11€2k€2k=
Reserves13€53k€53k=
Distributable reserves133€53k€53k=
Profit (loss) carried forward14€1k€491▼
Amounts payable17/49€56k€36k▼
Amounts payable within one year42/48€56k€36k▼
Trade debts44€103€529▲
Suppliers440/4€103€529▲
Taxes, remuneration and social security45€25k€17k▼
Taxes450/3€25k€17k▼
Other amounts payable47/48€31k€19k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€595€1k▲
Other operating charges640/8€3k€711▼
Non-recurring operating charges66A€11k-
Gross operating margin9900€63k€2k▼
Operating profit (loss)9901€48k€262▼
Financial charges65/66B€141€139▼
Recurring financial charges65€141€139▼
Profit (loss) for the period before taxes9903€48k€123▼
Income taxes67/77€14k€771▼
Profit (loss) for the period9904€34k€-648▼
Profit (loss) for the period to be appropriated9905€34k€-648▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€491▼
Profit (loss) brought forward from the previous period14P€1k€1k▲
Transfer to equity691/2€34k-
To other reserves6921€34k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €595 | €1k | ▲ 88.9% |
| Other operating charges640/8 | €2k | €3k | €711 | ▼ 78.0% |
| Non-recurring operating charges66A | - | €11k | - | - |
| Gross operating margin9900 | €35k | €63k | €2k | ▼ 96.7% |
| Operating profit (loss)9901 | €30k | €48k | €262 | ▼ 99.5% |
| Financial charges65/66B | €117 | €141 | €139 | ▼ 1.4% |
| Recurring financial charges65 | €117 | €141 | €139 | ▼ 1.4% |
| Profit (loss) for the period before taxes9903 | €29k | €48k | €123 | ▼ 99.7% |
| Income taxes67/77 | €9k | €14k | €771 | ▼ 94.6% |
| Profit (loss) for the period9904 | €20k | €34k | €-648 | ▼ 102% |
| Profit (loss) for the period to be appropriated9905 | €20k | €34k | €-648 | ▼ 102% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €58k | €112k | €92k | ▼ 18.3% |
| Fixed assets21/28 | €19k | €4k | €2k | ▼ 31.6% |
| Tangible fixed assets22/27 | €19k | €4k | €2k | ▼ 31.6% |
| Furniture and vehicles24 | €19k | €4k | €2k | ▼ 31.6% |
| Current assets29/58 | €38k | €109k | €89k | ▼ 17.9% |
| Amounts receivable within one year40/41 | €5k | €7k | €3k | ▼ 53.0% |
| Trade receivables40 | - | €6k | €0 | ▼ 100% |
| Other amounts receivable41 | €5k | €1k | €3k | ▲ 221% |
| Current investments50/53 | €34k | €102k | €86k | ▼ 15.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €58k | €112k | €92k | ▼ 18.3% |
| Equity10/15 | €22k | €56k | €55k | ▼ 1.2% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Reserves13 | €19k | €53k | €53k | = |
| Distributable reserves133 | €19k | €53k | €53k | = |
| Profit (loss) carried forward14 | €1k | €1k | €491 | ▼ 56.9% |
| Amounts payable17/49 | €36k | €56k | €36k | ▼ 35.5% |
| Amounts payable within one year42/48 | €36k | €56k | €36k | ▼ 35.5% |
| Trade debts44 | €10k | €103 | €529 | ▲ 413% |
| Suppliers440/4 | €10k | €103 | €529 | ▲ 413% |
| Taxes, remuneration and social security45 | €10k | €25k | €17k | ▼ 33.4% |
| Taxes450/3 | €10k | €25k | €17k | ▼ 33.4% |
| Other amounts payable47/48 | €15k | €31k | €19k | ▼ 38.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €34k | €-648 | ▼ 102% |
| + Depreciation and write-downs630 | €3k | €595 | €1k | ▲ 88.9% |
| Operating cash flow (approximation) | €23k | €35k | €477 | ▼ 98.6% |
| Investment in fixed assets (approximation) | - | €15k | €0 | ▼ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Weakest financial yearnet €-648
Net result drops to €-648, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €34k ▲69.4%
Operating result €48k, net result €34k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Morlanwelz · 1 establishment unit since 2022
Ground area
873 m²
Building footprint
159 m²
Volume, LiDAR
1,316 m³
Parcel 56015D0115/00L008, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ORCIBO
since 20222.337.005.360
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56015D0115/00L008 | Wallonia | 873 m² | 1 · 158 m² | 9.9 m · 3 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.
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Of 1,288 companies in sector 47690 we hold annual accounts for 425. 314 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47690Retail sale of other cultural and recreation goods
47120Other non-specialised retail sale
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
58190Other publishing activities, excluding software publishing
82300Organisation of conventions and trade shows
90111Literary creation
Contact
E-mail
circo_michelangelo@hotmail.com
Phone
+32477527019
Phone
0477527019Morlanwelz
Scores and ratios are computed by Checked and are not a credit decision.