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ORFYS

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Kokerstraat 2 ·9750 Kruisem, Belgium
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BE 0468.340.645
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Turnover
EBIT margin
Net result€-958k
Working capital€8.51M+101.8%
Directors1
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Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 20-05-2025 with the NBB · fiscal year 2024 · verkort
€-1.00M€-500k€0€500kOperating result 2020: €257k€257kNet result 2020: €119k€119kOperating result 2021: €152k€152kNet result 2021: €101k€101kOperating result 2022: €474k€474kNet result 2022: €342k€342kOperating result 2023: €690k€690kNet result 2023: €496k€496kOperating result 2024: €-769k€-769kNet result 2024: €-958k€-958k20202021202220232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 95 · compared across all schema types (micro, abbreviated and full combined)
Metric This company Sector median Position in the sector
Solvency 5.6% 22.3%
better than 30% of 207 sector peers
Net result €-958k €5k
better than 5% of 207 sector peers
Equity €685k €19k
better than 95% of 207 sector peers
Gross operating margin €317k €29k
better than 93% of 205 sector peers
Staff costs €369k €55k
higher than 95% of 102 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-532k
18–24
Net profit
€-958k
18–24
Cash flow
€-721k
18–24
Total assets
€12.34M
+77.0% 18–24
Equity
€685k
-58.3% 18–24
Working capital
€8.51M
+101.8% 18–24
Employees (FTE)
5
-18.2% 18–24
Staff costs
€369k
+14.3% 18–24
Income taxes
€163k
+39.3% 18–24
Debt
€11.65M
+118.7% 18–24
Debt ≤ 1y
€2.82M
+82.0% 18–24
Debt > 1y
€584k
-26.8% 18–24
Current ratio
4.02
+7.9% 18–24
Quick ratio
1.57
-52.9% 18–24
Solvency
5.6%
-76.4% 18–24
Debt / equity
17.01
+424.6% 18–24
ROE
-139.9%
18–24
ROA
-7.8%
18–24
Interest coverage
-2.72
18–24
Figures by fiscal year
Fiscal year2024
Revenue
EBITDA€-532k
Net profit€-958k
Cash flow€-721k
Staff costs€369k
Income taxes
Dividends
Total assets€12.34M
Equity€685k
Debt€11.65M
of which ≤ 1y€2.82M
of which > 1y€584k
Working capital€8.51M
Employees (FTE)5.4
Ratios (computed)
2024
Current ratio4.02
Quick ratio1.57
Working capital ratio69.0%
Solvency5.6%
Debt / equity17.01
Long-term debt ratio0.85
Interest coverage-2.72
Gross margin
Net margin
ROA-7.8%
ROE-139.9%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€12.34M
Fixed assets 21/28€1.01M
Intangible fixed assets 21€127
Tangible fixed assets 22/27€1.01M
Current assets 29/58€11.33M
Stocks & contracts in progress 3€6.90M
Amounts receivable within one year 40/41€3.33M
Cash & bank 54/58€706k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€12.34M
Equity 10/15€685k
Contributions / capital 10/11€42k
Reserves 13€1.60M
Accumulated profits (losses) 14€-958k
Amounts payable 17/49€11.65M
Amounts payable after one year 17€584k
Amounts payable within one year 42/48€2.82M
Trade debts payable within one year 44€2.01M
Income statement
Gross operating margin 9900€317k
Operating result 9901€-769k
Financial income 75€6k
Financial charges 65€195k
Result before taxes 9903€-958k
Net result for the period 9904€-958k
Result to be appropriated 9905€-912k
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Ratios computed by Checked.

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FY 2024 · computed
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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.