Orema
ActiveSummary
Orema has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.8m and a net result of €265,937. Equity remains stable across the filed fiscal years (±2.4% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+34
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €370,000 at 30 days acceptable
Liquidity ample (current ratio 3.11 against 2.53 in 2024; short-term debt: 16.4% and cash: 0.2% of total assets), and 17.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
82.2%
Return on assets
4.5%
Age of the figures
9 mo
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 20-03-2026, 133 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
133 d early
2024
114 d early
2023
48 d early
2022
49 d early
2021
75 d early
2020
100 d early
2019
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 83 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 17 May (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€4.8m▲ 5.8%
2024 · €4.6m
Total assets
€5.9m▲ 5.6%
2024 · €5.6m
Net result
€265,937
2024 · -€61,982
Working capital
€2.0m▲ 33.9%
2024 · €1.5m
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€291,869€208,028▼ 28.7%€206,935▼ 0.5%€390▼ 99.8%€376,830▲ 96,414%
Net result€219,629€134,073▼ 39.0%€135,060▲ 0.7%-€61,982€265,937
Equity€4.4m▲ 5.3%€4.5m▲ 3.1%€4.6m▲ 3.0%€4.6m▼ 1.3%€4.8m▲ 5.8%
Total assets€5.1m▲ 15.2%€5.3m▲ 3.1%€5.6m▲ 5.7%€5.6m▼ 0.4%€5.9m▲ 5.6%
Debt€772,280▲ 146%€796,475▲ 3.1%€960,188▲ 20.6%€998,480▲ 4.0%€1.0m▲ 4.7%
Working capital€809,096▲ 97.5%€1.1m▲ 31.3%€1.4m▲ 30.7%€1.5m▲ 9.7%€2.0m▲ 33.9%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 96,414% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.9m
Fixed assets
€2.9m ▼ 5.6%
Current assets
€3.0m ▲ 19.1%
Equity and liabilities €5.9m
Equity
€4.8m ▲ 5.8%
Debt
€1.0m ▲ 4.7%
Debt's share of the balance-sheet total falls from 18.0% to 17.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€571,671▲
2024 · €196,122
Cash flow
€460,778▲
2024 · €133,750
Current ratio
3.11▲
2024 · 2.53
Quick ratio
3.06▲
2024 · 0.31
Debt to equity
0.22▼
2024 · 0.22
ROE
5.5%▲
2024 · -1.4%
ROA
4.5%▲
2024 · -1.1%
Interest coverage
8.70▲
2024 · 2.76
Debt ≤ 1 year
€964,804▼
2024 · €998,480
Income taxes
€71,257▲
2024 · €292
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €14,764 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €192,819 | €205,983 | €196,174 | €195,732 | €194,842 | ▼ 0.5% |
| Other operating charges640/8 | €13,516 | €21,854 | €20,044 | €19,539 | €22,167 | ▲ 13.5% |
| Gross operating margin9900 | €498,204 | €435,864 | €423,153 | €215,661 | €593,838 | ▲ 175% |
| Operating profit (loss)9901 | €291,869 | €208,028 | €206,935 | €390 | €376,830 | ▲ 96,414% |
| Financial income75/76B | €722 | €4 | €20,450 | €9,020 | €26,038 | ▲ 189% |
| Recurring financial income75 | €722 | €4 | €20,450 | €9,020 | €26,038 | ▲ 189% |
| Financial charges65/66B | €18,784 | €27,905 | €44,566 | €71,100 | €65,673 | ▼ 7.6% |
| Recurring financial charges65 | €18,784 | €27,905 | €44,566 | €71,100 | €65,673 | ▼ 7.6% |
| Profit (loss) for the period before taxes9903 | €273,808 | €180,127 | €182,819 | -€61,690 | €337,194 | ▲ 647% |
| Income taxes67/77 | €54,179 | €46,054 | €47,759 | €292 | €71,257 | ▲ 24,290% |
| Profit (loss) for the period9904 | €219,629 | €134,073 | €135,060 | -€61,982 | €265,937 | ▲ 529% |
| Profit (loss) for the period to be appropriated9905 | €219,629 | €134,073 | €135,060 | -€61,982 | €265,937 | ▲ 529% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.1m | €5.3m | €5.6m | €5.6m | €5.9m | ▲ 5.6% |
| Fixed assets21/28 | €3.5m | €3.4m | €3.2m | €3.0m | €2.9m | ▼ 5.6% |
| Tangible fixed assets22/27 | €3.5m | €3.4m | €3.2m | €3.0m | €2.9m | ▼ 5.6% |
| Land and buildings22 | €3.5m | €3.4m | €3.2m | €3.0m | €2.8m | ▼ 6.3% |
| Plant, machinery and equipment23 | - | - | - | €2,061 | €1,649 | ▼ 20.0% |
| Furniture and vehicles24 | €5,292 | €13,106 | €9,134 | €7,174 | €30,153 | ▲ 320% |
| Financial fixed assets28 | €0 | - | €5,000 | €0 | - | - |
| Current assets29/58 | €1.6m | €1.9m | €2.3m | €2.5m | €3.0m | ▲ 19.1% |
| Stocks and contracts in progress3 | €1.2m | €703,614 | €1.9m | €2.2m | €53,005 | ▼ 97.6% |
| Stocks30/36 | €1.2m | €703,614 | €1.9m | €2.2m | €53,005 | ▼ 97.6% |
| Amounts receivable within one year40/41 | €240 | €33,946 | €0 | €1,705 | €52,265 | ▲ 2,966% |
| Other amounts receivable41 | €240 | €33,946 | €0 | €1,705 | €52,265 | ▲ 2,966% |
| Current investments50/53 | - | - | €300,000 | €200,000 | €2.9m | ▲ 1,330% |
| Cash at bank and in hand54/58 | €419,280 | €1.1m | €178,793 | €102,323 | €13,091 | ▼ 87.2% |
| Deferred charges and accrued income490/1 | €880 | €892 | €1,308 | €874 | €25,314 | ▲ 2,798% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.1m | €5.3m | €5.6m | €5.6m | €5.9m | ▲ 5.6% |
| Equity10/15 | €4.4m | €4.5m | €4.6m | €4.6m | €4.8m | ▲ 5.8% |
| Contributions10/11 | €644,523 | €644,523 | €644,523 | €644,523 | €644,523 | = |
| Capital10 | €644,523 | €644,523 | €644,523 | €644,523 | €644,523 | = |
| Issued capital100 | €644,523 | €644,523 | €644,523 | €644,523 | €644,523 | = |
| Reserves13 | €3.7m | €3.8m | €4.0m | €3.9m | €4.2m | ▲ 6.8% |
| Non-distributable reserves130/1 | €64,452 | €64,452 | €64,452 | €64,452 | €64,452 | = |
| Legal reserve130 | €64,452 | €64,452 | €64,452 | €64,452 | €64,452 | = |
| Tax-exempt reserves132 | €18,361 | €18,361 | €18,361 | €18,361 | €18,361 | = |
| Distributable reserves133 | €3.6m | €3.8m | €3.9m | €3.8m | €4.1m | ▲ 6.9% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | - | - |
| Amounts payable17/49 | €772,280 | €796,475 | €960,188 | €998,480 | €1.0m | ▲ 4.7% |
| Amounts payable within one year42/48 | €772,280 | €795,775 | €959,488 | €998,480 | €964,804 | ▼ 3.4% |
| Trade debts44 | €4,602 | €24,688 | €27,552 | €15,903 | €3,655 | ▼ 77.0% |
| Suppliers440/4 | €4,602 | €24,688 | €27,552 | €15,903 | €3,655 | ▼ 77.0% |
| Taxes, remuneration and social security45 | €29,179 | €29,179 | €1,657 | €0 | - | - |
| Taxes450/3 | €29,179 | €29,179 | €1,657 | €0 | - | - |
| Other amounts payable47/48 | €738,500 | €741,908 | €930,279 | €982,577 | €961,149 | ▼ 2.2% |
| Accrued charges and deferred income492/3 | €0 | €700 | €700 | €0 | €80,220 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €219,629 | €134,073 | €135,060 | -€61,982 | €265,937 | ▲ 529% |
| + Depreciation and write-downs630 | €192,819 | €205,983 | €196,174 | €195,732 | €194,842 | ▼ 0.5% |
| Operating cash flow (approximation) | €412,448 | €340,055 | €331,234 | €133,750 | €460,778 | ▲ 245% |
| Investment in fixed assets (approximation) | - | -€86,610 | -€5,000 | €1,361 | -€25,214 | ▼ 1,953% |
| Change in cash | - | €700,484 | -€940,971 | -€76,469 | -€89,232 | ▼ 16.7% |
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
24-06
State Gazette act
Capital & shares · Statutes amendmentReal estate · Capital contribution · Auditor report29 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Real estate · Capital contribution · Auditor report29 facts ▸
- Real estate, GOED TWEE, Lichttorenplein 4
- Capital contribution
- Auditor report, 3910000, EUR
- Share issue, 793, lopende boekjaar
- Other statement, verklaring van de inbrenger
- Other statement, pro fisco verklaringen in verband met inbreng onroerend goed, noch geheel noch gedeeltelijk aangewend of bestemd
- Capital increase, €3.870.900
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Capital
- Statutes amendment
- +17 further facts in this act
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €265,937
Net result €265,937 after one loss-making year.
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€61,982
Net result drops to -€61,982, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €219,629
Net result €219,629 after 3 loss-making years.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 1977
Ground area
1,496 m²
Building footprint
314 m²
Volume, LiDAR
2,264 m³
Parcel 31332E0826/00A000, Flanders · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
de Kerchovelaan 8, 8300 Knokke-Heist
since 19772.013.319.033
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332E0826/00A000 | Flanders | 1,496 m² | 1 · 314 m² | 13.0 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.
Articles of association
Board rule
3, bepaalde of onbepaalde duur
Collegiaal bestuursorgaan en openvallende plaats bestuurder, eerstvolgende algemene vergadering bevestigt mandaat
Other statement
Artikel 15. Organisatie en bijeenroeping van het collegiaal bestuursorgaan
Bevoegdheden bestuursorgaan, alleen algemene vergadering bevoegd volgens wet of statuten
Dagelijks bestuur, bestuursorgaan bepaalt alleen of gezamenlijk
Notulen, besluiten enige bestuurder of collegiaal bestuursorgaan in notulen
Vergoeding, algemene vergadering bij elke benoeming
Eenparig en schriftelijk binnen wettelijke grenzen alle besluiten bevoegdheid algemene vergadering, schriftelijke algemene vergadering
Verantwoordelijkheid bestuursorgaan
Recognitions · licences · registrations
Legal Entity Identifier
699400W4CMCNRYVFM902
Identification & contact
Identification
Legal formPublic limited company
Founded17-02-1977
Fiscal year end31-12
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.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.