ORGATECH
Liquidation closedOverview
Overview
Official details
Source: KBO- Status
- Liquidation closed act of 26-06-2026
- Legal form
- Public limited company
- Activity
- No activity registered in the KBO
- Financial year end
- 30 May
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts to 30-05-2026
- Gross margin
- €1,150
- ▼ 99.4%
- Turnover
- ≈ €7,800
- estimated
- Profit
- €3,504
- ▼ 97.8%
- Total assets
- €0
- ▼ 100.0%
Net result -98%: 5-month year
Financials
Financials · 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 |
Board & ownership
Directors
Directors
1 director
AELBRECHT Frans
Current
Owners and capital
Owners
Network & group
ORGATECH shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ORGATECH. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2026
26-06
Gazette deed
Closure of the liquidationLiquidation closed · Liquidator: Frans Aelbrecht · Director discharge: Frans Aelbrecht (liquidator)2 points ▸
Gazette deed
Closure of the liquidation
Liquidation closed · Liquidator: Frans Aelbrecht · Director discharge: Frans Aelbrecht (liquidator)2 points ▸
- General meeting, 30-05-2026
- Director discharge, Frans Aelbrecht (liquidator)
- The act holds 3 more points.
22-06
abbreviated format · 191 days before the deadline
30-04
micro format · 92 days before the deadline
2025
02-07
micro format · 29 days before the deadline
2024
31-12
Financial
Back to profitnet €1.7m
The net result is €1.7m, after 2 loss-making years.
31-12
Financial
Liquidity more than 25 timescurrent ratio 5.41
The current ratio rises from 0.21 to 5.41. Short-term debt falls from €665,879 to €326,472.
31-12
Financial
Equity above €1mequity €1.2m
Equity rises from -€527,064 to €1.2m.
10-06
micro format · 51 days before the deadline
2023
16-06
micro format · 45 days before the deadline
2022
21-06
micro format · 40 days before the deadline
2021
31-12
Financial
Back to profitnet €5,735
The net result is €5,735, after 2 loss-making years.
29-06
micro format · 32 days before the deadline
Show earlier events
2020
31-12
Financial
Weakest financial yearnet -€54,077
The net result drops to -€54,077, the lowest from 2018 to 2026.
26-06
micro format · 35 days before the deadline
2019
13-06
micro format · 48 days before the deadline
2018
18-06
micro format · 43 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Liquidation closed
ORGATECH has not been in the KBO register since 19 June 2026.
- Status
- Inactiveout of the register since 19 June 2026
- Reason
- Liquidation closedBelgian Official Gazette, 26 June 2026 · act
- Last annual accounts
- financial year to 30 May 2026
- Last registered office
- Avenue De La Criniere 2, 1420 Braine-L'alleudas published on 26 June 2026
- Legal form
- Public limited company
- Active since
- 7 June 1980
Sites & property
Location
Buildings and parcels at the address
Ground area
848 m²
Building footprint
120 m²
Building volume
670 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25014A0984/00C005 | Wallonia | 848 m² | 1 · 120 m² | 9.0 m · 2 |