ORFISKO
ActiveORFISKO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-27k) and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+13
Solvency0▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.47 against 0.37 in 2024; short-term debt: 126.3% and cash: 5.2% of total assets), and equity is negative.
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 86
Relative position
BE, all sectors
reference
Sector 86
lower
← 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
-33.4%
Return on assets
-2.2%
Age of the figures
12 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-27k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
34 d early
2023
39 d early
2022
32 d early
2021
31 d early
2020
21 d early
2019
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-27k▼ 7.0%
2024 · €-26k
2018: €177k
2019: €75k
2020: €28k
2021: €764
2022: €-9k
2023: €-12k
2024: €-26k
2018 → 2025
Total assets
€82k▼ 24.5%
2024 · €109k
2018: €189k
2019: €168k
2020: €70k
2021: €130k
2022: €145k
2023: €139k
2024: €109k
2018 → 2025
Net result
€-2k▲ 86.8%
2024 · €-14k
2018: €8k
2019: €62k
2020: €-47k
2021: €-27k
2022: €-10k
2023: €-3k
2024: €-14k
2018 → 2025
Working capital
€-55k▲ 29.7%
2024 · €-79k
2018: €130k
2019: €40k
2020: €-1k
2021: €-50k
2022: €-69k
2023: €-88k
2024: €-79k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€764-€-9k€-12k▼ 26.6%€-26k▼ 113%€-27k▼ 7.0%
Operating result€-27k-€-10k▲ 63.7%€-2k▲ 77.9%€-13k▼ 507%€-2k▲ 88.4%
Net result€-27k-€-10k▲ 62.7%€-3k▲ 75.3%€-14k▼ 436%€-2k▲ 86.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €13k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€34k▼ 45.5%
Current assets
€48k▲ 3.1%
Key figures and ratios
EBITDA
€27k▲
2024 · €15k
Cash flow
€27k▲
2024 · €15k
Solvency
-33.4%▼
2024 · -23.6%
Current ratio
0.47▲
2024 · 0.37
Quick ratio
0.47▲
2024 · 0.37
Debt / equity
-4.00▲
2024 · -5.25
ROA
-2.2%▲
2024 · -12.5%
Interest coverage
145.86▲
2024 · 69.70
Debt
€109k▼
2024 · €134k
Debt ≤ 1 year
€104k▼
2024 · €125k
Debt > 1 year
€5k▼
2024 · €9k
Income taxes
€137▼
2024 · €147
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€109k€82k▼
Formation expenses20€0€0=
Fixed assets21/28€62k€34k▼
Intangible fixed assets21€5k€0▼
Tangible fixed assets22/27€56k€33k▼
Plant, machinery and equipment23€1k€938▼
Furniture and vehicles24€21k€3k▼
Other tangible fixed assets26€34k€29k▼
Financial fixed assets28€748€748=
Current assets29/58€47k€48k▲
Amounts receivable within one year40/41€42k€42k▲
Trade receivables40€39k€40k▲
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€109k€82k▼
Equity10/15€-26k€-27k▼
Contributions10/11€19k€19k=
Reserves13€5k€5k=
Tax-exempt reserves132€5k€5k=
Profit (loss) carried forward14€-50k€-51k▼
Amounts payable17/49€134k€109k▼
Amounts payable after more than one year17€9k€5k▼
Financial debts170/4€9k€5k▼
Amounts payable within one year42/48€125k€104k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€2k€168▼
Suppliers440/4€2k€168▼
Advances received on contracts in progress46€7-
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€117k€97k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k▲
Other operating charges640/8€2k€788▼
Gross operating margin9900€17k€28k▲
Operating profit (loss)9901€-13k€-2k▲
Financial income75/76B€55€69▲
Recurring financial income75€55€69▲
Financial charges65/66B€217€184▼
Recurring financial charges65€217€184▼
Profit (loss) for the period before taxes9903€-13k€-2k▲
Income taxes67/77€147€137▼
Profit (loss) for the period9904€-14k€-2k▲
Profit (loss) for the period to be appropriated9905€-14k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-51k▼
Profit (loss) brought forward from the previous period14P€-36k€-50k▼
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
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-47k ▼175%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €62k ▲718%
Operating result €74k, net result €62k, both a record.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mechelen · 1 establishment unit since 2014
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.
Boetestraat 42800 MechelenGround area
830 m²
Building footprint
141 m²
Volume, LiDAR
506 m³
Parcel 12404F0126/00S000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Boetestraat 4, 2800 Mechelen
since 20142.233.669.973
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404F0126/00S000 | Flanders | 829 m² | 1 · 141 m² | 6.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 765 EUR awarded · 765 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 241 EUR | 241 EUR |
| 2024 | 1 | 357 EUR | 357 EUR |
| 2023 | 1 | 167 EUR | 167 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Mafate
BE 1014.323.555
Mont-Saint-Guibert · Eq €781
Sporti-Fy
BE 0794.301.227
Waasmunster · Eq €797
Kinesitherapie Verelst Kevin
BE 0777.852.995
Kontich · Eq €800
Praktijk Merckx-Pauwels
BE 0789.555.155
Sint-Niklaas · Eq €718
Mad About The Body
BE 1028.752.801
Antwerpen · Eq €672
Of 12,690 companies in sector 86951 we hold annual accounts for 2,142. 210 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2014
Fiscal year end30-09
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.