ORDAFLEX
ActiveORDAFLEX has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €182k and a net result of €37k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 31% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency67▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 1.61 in 2024), but 64.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.5%
Return on assets
7.2%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €182k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
44 d early
2022
46 d early
2021
58 d early
2020
58 d early
2019
59 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€182k▲ 6.6%
2024 · €171k
2018: €149k
2019: €178k
2020: €187k
2021: €154k
2022: €145k
2023: €164k
2024: €171k
2018 → 2025
Total assets
€513k▼ 1.7%
2024 · €522k
2018: €186k
2019: €202k
2020: €217k
2021: €504k
2022: €551k
2023: €526k
2024: €522k
2018 → 2025
Net result
€37k▲ 3.9%
2024 · €35k
2018: €15k
2019: €29k
2020: €26k
2021: €2k
2022: €22k
2023: €34k
2024: €35k
2018 → 2025
Working capital
€35k▼ 10.2%
2024 · €39k
2018: €122k
2019: €156k
2020: €104k
2021: €82k
2022: €48k
2023: €48k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€154k-€145k▼ 5.3%€164k▲ 13.0%€171k▲ 3.8%€182k▲ 6.6%
Operating result€9k-€41k▲ 373%€58k▲ 39.4%€58k▲ 1.0%€59k▲ 0.9%
Net result€2k-€22k▲ 1,085%€34k▲ 54.4%€35k▲ 3.3%€37k▲ 3.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €513k
Fixed assets
€408k▼ 2.7%
Current assets
€105k▲ 2.3%
Equity and liabilities €513k
Equity
€182k▲ 6.6%
Debt
€331k▼ 5.7%
The debt ratio falls from 67.3% to 64.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€72k▲
2024 · €71k
Cash flow
€50k▲
2024 · €48k
Solvency
35.5%▲
2024 · 32.7%
Current ratio
1.50▼
2024 · 1.61
Quick ratio
1.50▼
2024 · 1.61
Debt / equity
1.82▼
2024 · 2.06
ROE
20.2%▼
2024 · 20.7%
ROA
7.2%▲
2024 · 6.8%
Interest coverage
10.37▲
2024 · 8.60
Debt
€331k▼
2024 · €351k
Debt ≤ 1 year
€70k▲
2024 · €63k
Debt > 1 year
€261k▼
2024 · €287k
Income taxes
€16k▲
2024 · €15k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€522k€513k▼
Fixed assets21/28€420k€408k▼
Tangible fixed assets22/27€419k€408k▼
Land and buildings22€416k€405k▼
Plant, machinery and equipment23€1k€925▼
Furniture and vehicles24€2k€2k▲
Financial fixed assets28€690€690=
Current assets29/58€102k€105k▲
Amounts receivable within one year40/41€24k€22k▼
Trade receivables40€16k€16k▲
Other amounts receivable41€8k€6k▼
Cash at bank and in hand54/58€75k€79k▲
Deferred charges and accrued income490/1€3k€3k=
Equity and liabilities
Total equity and liabilities10/49€522k€513k▼
Equity10/15€171k€182k▲
Contributions10/11€6k€6k=
Reserves13€121k€132k▲
Distributable reserves133€121k€132k▲
Profit (loss) carried forward14€44k€44k=
Amounts payable17/49€351k€331k▼
Amounts payable after more than one year17€287k€261k▼
Financial debts170/4€287k€261k▼
Amounts payable within one year42/48€63k€70k▲
Current portion of amounts payable after more than one year42€26k€26k▲
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€5k€17k▲
Taxes450/3€5k€17k▲
Other amounts payable47/48€29k€26k▼
Accrued charges and deferred income492/3€600€600=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€73k€74k▲
Operating profit (loss)9901€58k€59k▲
Financial income75/76B€234€404▲
Recurring financial income75€234€404▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€50k€52k▲
Income taxes67/77€15k€16k▲
Profit (loss) for the period9904€35k€37k▲
Profit (loss) for the period to be appropriated9905€35k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€79k€80k▲
Profit (loss) brought forward from the previous period14P€44k€44k=
Transfer from equity791/2€29k€26k▼
Transfer to equity691/2€35k€37k▲
To other reserves6921€35k€37k▲
Profit to be distributed694/7€29k€26k▼
Return on contributions (dividend)694€29k€26k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €37k ▲3.9%
Operating result €59k, net result €37k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €164k ▲13%
6 profitable years in a row build equity to €164k.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €2k ▼92.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €178k ▲19.5%
2 profitable years in a row build equity to €178k.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zemst · 2 establishment units since 2006
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.
Brouwershof 311980 ZemstGround area
4,033 m²
Building footprint
1,191 m²
Volume, LiDAR
2,669 m³
2 parcels, Flanders · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Ordaflex
since 20062.155.530.436
Louisweg 12, 8620 Nieuwpoort
since 20222.339.459.658
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402E0307/00A000 | Flanders | 3,318 m² | 1 · 1,065 m² | 13.0 m |
| 23020C0079/00K000 | Flanders | 715 m² | 1 · 126 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 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
Eurocom Software
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GIANTSTEPS
BE 0464.877.151
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SAPSTROOM
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Gent · Eq €182k
ORIGAMI CONSULTING
BE 1007.390.332
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Driven By Passion
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Of 16,811 companies in sector 62100 we hold annual accounts for 8,750. 6,728 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-07-2006
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72100
72400
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.