ORGANO
ActiveThe annual accounts of ORGANO for fiscal year 2025 show a net loss of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €68k and a net result of €-168k. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 9183 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-1
Solvency26▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.98 against 0.99 in 2024; short-term debt: 98.9% and cash: 0.3% of total assets), and 99.4% 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 68
Relative position
BE, all sectors
reference
Sector 68
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
0.6%
Return on assets
-1.4%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-168k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9183 sector peers (2025).
NBB · sector comparisonPosition among 9183 sector peers
Solvency
better than 17%
← weakest
strongest →
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 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d late
2023
on the day
2022
26 d early
2021
43 d early
2020
16 d early
2019
on the day
← 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, abbreviated schema
Equity
€68k▼ 71.1%
2024 · €237k
2018: €275k
2019: €254k
2020: €202k
2021: €200k
2022: €281k
2023: €303k
2024: €237k
2018 → 2025
Total assets
€12.01M▲ 40.2%
2024 · €8.56M
2018: €1.96M
2019: €2.44M
2020: €2.47M
2021: €2.99M
2022: €1.83M
2023: €4.34M
2024: €8.56M
2018 → 2025
Net result
€-168k▼ 152%
2024 · €-67k
2018: €-52k
2019: €-21k
2020: €-52k
2021: €-2k
2022: €81k
2023: €23k
2024: €-67k
2018 → 2025
Working capital
€-222k▼ 373%
2024 · €-47k
2018: €1.50M
2019: €1.49M
2020: €1.45M
2021: €1.42M
2022: €269k
2023: €104k
2024: €-47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€200k-€281k▲ 40.4%€303k▲ 8.1%€237k▼ 22.0%€68k▼ 71.1%
Operating result€96k-€135k▲ 40.8%€41k▼ 69.4%€-62k€-167k▼ 171%
Net result€-2k-€81k€23k▼ 72.0%€-67k€-168k▼ 152%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €167k in 2025 against €62k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.01M
Fixed assets
€352k▼ 5.3%
Current assets
€11.66M▲ 42.3%
Equity and liabilities €12.01M
Equity
€68k▼ 71.1%
Debt
€11.94M▲ 43.4%
The debt ratio rises from 97.2% to 99.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-136k▼
2024 · €-36k
Cash flow
€-138k▼
2024 · €-42k
Solvency
0.6%▼
2024 · 2.8%
Current ratio
0.98▼
2024 · 0.99
Quick ratio
0.16▼
2024 · 0.19
ROE
-246.4%▼
2024 · -28.2%
ROA
-1.4%▼
2024 · -0.8%
Interest coverage
-67.74▼
2024 · -5.80
Debt
€11.94M▲
2024 · €8.33M
Debt ≤ 1 year
€11.88M▲
2024 · €8.24M
Debt > 1 year
€62k▼
2024 · €88k
Staff costs
€47k▼
2024 · €59k
A ratio outside any meaningful range has been withheld (balance sheet total €12.01M, equity €68k).
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€8.56M€12.01M▲
Fixed assets21/28€372k€352k▼
Tangible fixed assets22/27€91k€71k▼
Plant, machinery and equipment23€73k€49k▼
Furniture and vehicles24€18k€22k▲
Financial fixed assets28€281k€281k=
Current assets29/58€8.19M€11.66M▲
Stocks and contracts in progress3€6.64M€9.74M▲
Stocks30/36€6.64M€9.74M▲
Amounts receivable within one year40/41€1.06M€1.88M▲
Trade receivables40€930k€1.87M▲
Other amounts receivable41€129k€3k▼
Cash at bank and in hand54/58€490k€39k▼
Deferred charges and accrued income490/1€827€4k▲
Equity and liabilities
Total equity and liabilities10/49€8.56M€12.01M▲
Equity10/15€237k€68k▼
Contributions10/11€12k€12k=
Reserves13€328k€328k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€326k€326k=
Profit (loss) carried forward14€-104k€-272k▼
Amounts payable17/49€8.33M€11.94M▲
Amounts payable after more than one year17€88k€62k▼
Other amounts payable178/9€88k€62k▼
Amounts payable within one year42/48€8.24M€11.88M▲
Trade debts44€427k€474k▲
Suppliers440/4€427k€474k▲
Advances received on contracts in progress46€5.56M€7.65M▲
Taxes, remuneration and social security45€33k€1k▼
Taxes450/3€20k€612▼
Remuneration and social security454/9€13k€781▼
Other amounts payable47/48€2.22M€3.76M▲
Income statement
Code20242025
Remuneration, social security and pensions62€59k€47k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€30k▲
Other operating charges640/8€7k€10k▲
Gross operating margin9900€29k€-79k▼
Operating profit (loss)9901€-62k€-167k▼
Financial income75/76B€964€382▼
Recurring financial income75€964€382▼
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€-67k€-168k▼
Profit (loss) for the period9904€-67k€-168k▼
Profit (loss) for the period to be appropriated9905€-67k€-168k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-104k€-272k▼
Profit (loss) brought forward from the previous period14P€-37k€-104k▼
Social balance
Average headcount (FTE)90871.20.8▼
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
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €-168k
Net result drops to €-168k, the lowest in the series.
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 7 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €81k
Net result €81k after 4 loss-making years.
30-09
Financial
Equity above €200kEq €281k ▲40.4%
Equity rises from €200k to €281k.
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-03
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
6 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, Antwerpen · 1 establishment unit since 2007
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.
De Burburestraat 72000 AntwerpenGround area
480 m²
Building footprint
480 m²
Volume, LiDAR
5,674 m³
Parcel 11811L3668/00B003, Flanders · tallest building 22.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ORGANO
since 20072.160.283.337
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3668/00B003 | Flanders | 480 m² | 1 · 480 m² | 22.5 m · 5 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.
Similar companies · same sector, comparable size
Vema Solutions
BE 0804.686.858
Evergem · Eq €68k
GRACE INVEST
BE 0656.823.919
Anderlecht · Eq €68k
PK Investment
BE 0795.487.892
Genk · Eq €68k
MMBI
BE 0678.744.830
Comines-Warneton · Eq €68k
Nederhem Vastgoed
BE 0846.062.209
Rijkevorsel · Eq €68k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,191 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2006
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.