ORGATECH
Liquidation closedFinancials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 22-06-2026 at the NBB all 46 filings
Turnover
≈ €7,800
Estimated: probably between €3,200 and €19,000
Total assets
€0▼ 100.0%
2025 · €1.7m
Net result
€3,504▼ 97.8%
2025 · €159,775
Working capital
€0▼ 100%
2025 · €1.3m
Multi-year overview
2018 to 2026, 9 financial yearsOperating result
€1,150
▼ 99.4%
2026
20182026
Net result
€3,504
▼ 97.8%
2026
20182026
Equity
no figure
2026
20182026
Total assets
€0
▼ 100.0%
2026
20182026
Debt
€0
▼ 100.0%
2026
20182026
Working capital
€0
▼ 100%
2026
20182026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252026
Operating result€0.003m--€0.01m-€0.03m▼ 93.4%-€0.02m▲ 41.0%-€0.03m▼ 102%-€0.02m▲ 51.6%€2.2m€0.2m▼ 90.7%€0.001m▼ 99.4%
Net result€0.04m--€0.04m-€0.05m▼ 42.0%€0.006m-€0.04m-€0.02m▲ 46.7%€1.7m€0.2m▼ 90.5%€0.004m▼ 97.8%
Equity-€0.4m--€0.4m▼ 10.1%-€0.5m▼ 13.1%-€0.5m▲ 1.2%-€0.5m▼ 9.2%-€0.5m▼ 4.5%€1.2m€1.3m▲ 13.8%
Total assets€0.2m-€0.2m▼ 9.0%€0.2m▼ 3.9%€0.2m▼ 0.5%€0.1m▼ 7.4%€0.1m▼ 2.4%€1.8m▲ 13×€1.7m▼ 5.5%€0▼ 100.0%
Debt€0.6m-€0.6m▲ 4.0%€0.6m▲ 8.3%€0.6m▼ 1.0%€0.6m▲ 5.0%€0.7m▲ 3.0%€0.6m▼ 9.5%€0.3m▼ 42.2%€0▼ 100.0%
Working capital-€0.4m--€0.4m▼ 10.0%-€0.5m▼ 12.6%-€0.5m▲ 1.3%-€0.5m▼ 6.4%-€0.5m▼ 4.4%€1.4m€1.3m▼ 7.8%€0▼ 100%
The operating result for 2026 is 99% lower than in 2025 and the lowest since 2023. It is the second fall in a row.
Large changes and their cause
- 2026 Net result -98% on 2025. This financial year ran 5 months, the previous one 12. The accounts now follow the abbreviated format, last year the micro format.
- 2025 Net result -91% on 2024. The 2024 profit included a one-off income of €2,513,729.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
Debt ≤ 1 year
€0▼
2025 · €342,450
Income taxes
€1,168▼
2025 · €74,035
The ratios are withheld because a balance sheet total of €0 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.03m | - | - | €2.5m | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.006m | - | -€0.008m | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | - | -€0.002m | - | - |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.004m | €0.001m | - | - |
| Non-recurring operating charges66A | - | - | - | - | - | - | €0.04m | - | - | - |
| Gross operating margin9900 | €0.005m | -€0.01m | -€0.03m | -€0.01m | -€0.03m | -€0.01m | €2.2m | €0.2m | €0.001m | ▼ 99.4% |
| Operating profit (loss)9901 | €0.003m | -€0.01m | -€0.03m | -€0.02m | -€0.03m | -€0.02m | €2.2m | €0.2m | €0.001m | ▼ 99.4% |
| Financial income75/76B | - | - | - | €0.02m | - | €0.002m | €0.03m | €0.03m | €0.004m | ▼ 88.5% |
| Recurring financial income75 | €0.04m | - | - | €0.02m | - | €0.002m | €0.03m | €0.03m | €0.004m | ▼ 88.5% |
| Financial charges65/66B | - | - | - | €65 | €0.009m | €0.008m | €0.002m | €45 | €11 | ▼ 75.0% |
| Recurring financial charges65 | €0.001m | €0.02m | €0.03m | €65 | €0.009m | €0.008m | €0.002m | €45 | €11 | ▼ 75.0% |
| Profit (loss) for the period before taxes9903 | €0.04m | -€0.04m | -€0.05m | €0.006m | -€0.04m | -€0.02m | €2.2m | €0.2m | €0.005m | ▼ 98.0% |
| Income taxes67/77 | - | - | - | - | - | - | €0.5m | €0.07m | €0.001m | ▼ 98.4% |
| Profit (loss) for the period9904 | €0.04m | -€0.04m | -€0.05m | €0.006m | -€0.04m | -€0.02m | €1.7m | €0.2m | €0.004m | ▼ 97.8% |
| Profit (loss) for the period to be appropriated9905 | €0.04m | -€0.04m | -€0.05m | €0.006m | -€0.04m | -€0.02m | €1.7m | €0.2m | €0.004m | ▼ 97.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €1.8m | €1.7m | €0 | ▼ 100.0% |
| Fixed assets21/28 | €0.02m | €0.02m | €0.02m | €0.02m | €0.002m | €0.002m | - | - | - | - |
| Tangible fixed assets22/27 | €0.006m | €0.005m | €0.004m | €0.003m | €0.002m | €0.002m | - | - | - | - |
| Land and buildings22 | - | - | - | €0.003m | €0.002m | €0.002m | - | - | - | - |
| Financial fixed assets28 | €0.01m | €0.01m | €0.01m | €0.01m | - | - | - | - | - | - |
| Current assets29/58 | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €1.8m | €1.7m | €0 | ▼ 100.0% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | - | - | - | - |
| Contracts in progress37 | - | - | - | €0.1m | €0.1m | €0.1m | - | - | - | - |
| Amounts receivable within one year40/41 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.1m | €0.1m | - | - |
| Trade receivables40 | - | - | - | €0.04m | €0.04m | €0.04m | - | - | - | - |
| Other amounts receivable41 | - | - | - | - | - | - | €0.1m | €0.1m | - | - |
| Current investments50/53 | - | - | - | - | - | - | €1.5m | €1.4m | - | - |
| Cash at bank and in hand54/58 | €0.02m | €0.008m | €0.002m | €0.002m | €0.003m | €0.001m | €0.1m | €0.2m | €0 | ▼ 100.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.001m | - | €0.02m | €0.004m | - | - |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €1.8m | €1.7m | €0 | ▼ 100.0% |
| Equity10/15 | -€0.4m | -€0.4m | -€0.5m | -€0.5m | -€0.5m | -€0.5m | €1.2m | €1.3m | - | - |
| Contributions10/11 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | - | - |
| Capital10 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | - | - |
| Issued capital100 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | - | - |
| Reserves13 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €1.1m | €1.3m | - | - |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | - | - |
| Legal reserve130 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | - | - |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | - | - |
| Distributable reserves133 | - | - | - | - | - | - | €1.1m | €1.3m | - | - |
| Profit (loss) carried forward14 | -€0.4m | -€0.5m | -€0.5m | -€0.5m | -€0.6m | -€0.6m | - | - | - | - |
| Provisions and deferred taxes16 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | - | - | - |
| Other liabilities and charges164/5 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | - | - | - |
| Amounts payable17/49 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.7m | €0.6m | €0.3m | €0 | ▼ 100.0% |
| Amounts payable after more than one year17 | €0.002m | €0.002m | €0.001m | €0.001m | €282 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.001m | €282 | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | €0.7m | €0.3m | €0.3m | €0 | ▼ 100.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.001m | €0.001m | - | - | - | - | - |
| Trade debts44 | €0.03m | €0.03m | €0.03m | €0.003m | €0.003m | €0.003m | - | - | - | - |
| Suppliers440/4 | - | - | - | €0.003m | €0.003m | €0.003m | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.5m | €0.5m | €0.5m | €0.1m | €0.1m | - | - |
| Taxes450/3 | - | - | - | €0.4m | €0.4m | €0.4m | €0.1m | €0.1m | - | - |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | €0.1m | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0 | ▼ 100.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.3m | €0.006m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.04m | -€0.04m | -€0.05m | €0.006m | -€0.04m | -€0.02m | €1.7m | €0.2m | €0.004m | ▼ 97.8% |
| + Depreciation and write-downs630 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | - | - | - | - |
| Operating cash flow (approximation) | €0.04m | -€0.04m | -€0.05m | €0.007m | -€0.04m | -€0.02m | €1.7m | €0.2m | €0.004m | ▼ 97.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0.01m | €0 | - | - | - | - |
| Change in cash | - | -€0.008m | -€0.005m | €127 | €0.001m | -€0.002m | €0.1m | €0.06m | -€0.2m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 46 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-05-2026 | abbreviated format | 22-06-2026 | 2026-00194957 | |
| 31-12-2025 | micro format | 30-04-2026 | 2026-00102801 | |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00232505 | |
| 31-12-2023 | micro format | 10-06-2024 | 2024-00121650 | |
| 31-12-2022 | micro format | 16-06-2023 | 2023-00141029 | |
| 31-12-2021 | micro format | 21-06-2022 | 2022-20083486 | |
| 31-12-2020 | micro format | 29-06-2021 | 2021-27300151 | |
| 31-12-2019 | micro format | 26-06-2020 | 2020-22700077 | |
| 31-12-2018 | micro format | 13-06-2019 | 2019-18300495 | |
| 31-12-2017 | micro format | 18-06-2018 | 2018-20100245 |