Ordifac
ActiveOrdifac has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46k and a net result of €-6k. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 20% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability31▼-33
Solvency50▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.31 in 2023; short-term debt: 25.7% and cash: 0.8% of total assets), and 74.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 69
Relative position
BE, all sectors
reference
Sector 69
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
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 2024Solvency, return and age of the figures
Solvency
25.3%
Return on assets
-3.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 15367 sector peers (2024).
NBB · sector comparisonPosition among 15367 sector peers
Solvency
better than 20%
← weakest
strongest →
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
20 d early
2022
7 d early
2021
31 d early
2020
53 d early
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€46k▼ 11.8%
2023 · €52k
2018: €66k
2019: €71k
2020: €70k
2021: €68k
2022: €50k
2023: €52k
2018 → 2024
Total assets
€180k▼ 8.2%
2023 · €197k
2018: €80k
2019: €75k
2020: €100k
2021: €198k
2022: €197k
2023: €197k
2018 → 2024
Net result
€-6k
2023 · €1k
2018: €7k
2019: €5k
2020: €-895
2021: €-2k
2022: €-17k
2023: €1k
2018 → 2024
Working capital
€-41k▼ 44.1%
2023 · €-29k
2018: €65k
2019: €70k
2020: €64k
2021: €34k
2022: €-2k
2023: €-29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€70k-€68k▼ 3.0%€50k▼ 25.8%€52k▲ 3.0%€46k▼ 11.8%
Operating result€-135-€-833▼ 517%€-15k▼ 1,675%€4k€-4k
Net result€-895-€-2k▼ 131%€-17k▼ 743%€1k€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180k
Fixed assets
€175k▼ 4.5%
Current assets
€5k▼ 61.6%
Equity and liabilities €180k
Equity
€46k▼ 11.8%
Debt
€135k▼ 7.0%
The debt ratio rises from 73.7% to 74.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▼
2023 · €12k
Cash flow
€2k▼
2023 · €10k
Solvency
25.3%▼
2023 · 26.3%
Current ratio
0.11▼
2023 · 0.31
Quick ratio
0.11▼
2023 · 0.31
Debt / equity
2.96▲
2023 · 2.81
ROE
-13.4%▼
2023 · 2.9%
ROA
-3.4%▼
2023 · 0.8%
Interest coverage
2.03▼
2023 · 5.31
Debt
€135k▼
2023 · €145k
Debt ≤ 1 year
€46k▲
2023 · €42k
Debt > 1 year
€88k▼
2023 · €103k
Income taxes
€50
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€197k€180k▼
Fixed assets21/28€184k€175k▼
Tangible fixed assets22/27€183k€175k▼
Land and buildings22€183k€175k▼
Financial fixed assets28€85€85=
Current assets29/58€13k€5k▼
Amounts receivable within one year40/41€11k€4k▼
Trade receivables40€11k€4k▼
Cash at bank and in hand54/58€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€197k€180k▼
Equity10/15€52k€46k▼
Contributions10/11€19k€19k=
Revaluation surpluses12€3k€3k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€29k€23k▼
Amounts payable17/49€145k€135k▼
Amounts payable after more than one year17€103k€88k▼
Financial debts170/4€103k€88k▼
Amounts payable within one year42/48€42k€46k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Other amounts payable47/48€25k€30k▲
Income statement
Code20232024
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€649€2k▲
Non-recurring operating charges66A€121-
Gross operating margin9900€13k€6k▼
Operating profit (loss)9901€4k€-4k▼
Financial income75/76B€4€49▲
Recurring financial income75€4€49▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€1k€-6k▼
Income taxes67/77-€50
Profit (loss) for the period9904€1k€-6k▼
Profit (loss) for the period to be appropriated9905€1k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€23k▼
Profit (loss) brought forward from the previous period14P€27k€29k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 17.21
Current ratio from 5.64 to 17.21; short-term debt falls from €14k to €4k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 136 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Charleroi · 1 establishment unit since 1972
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.
Avenue de Philippeville 1616001 CharleroiGround area
1.2 ha
Building footprint
3,068 m²
Volume, LiDAR
17,455 m³
Parcel 52045A0547/00C002, Wallonia · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de Philippeville 161, 6001 Charleroi
since 19722.038.170.532
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52045A0547/00C002indicative | Wallonia | 1.2 ha | 1 · 3,068 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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 2,265 companies in sector 69209 we hold annual accounts for 1,096. 768 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-1972
Fiscal year end31-12
Activities, NACEBEL
69202Legal and accounting activities
69209Other tax advisory services
74121
66220Insurance agents and brokers
67201
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.