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ORIENT TRADE

Active
Private limited company (pre-2019)founded 201610 yrs activeArteveldestraat 50, 1000 Brussel, BelgiumKBO/BCE: BE 0656.498.968
Summary

The computed 12-month bankruptcy probability of ORIENT TRADE is 7.4% (elevated). For ORIENT TRADE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€17,846) and a net result of €1,431. Equity is shrinking by ~41.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 16682 sector peers (fiscal year 2022). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€5,282total assets 2022
Equity
-€17,846
Profit
€1,431
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
7.4%
2022 figures too old to score
Structure
Accounts 794 d overdue0 of 12 deeds read
Signals- Figures for FY 2022 (filed 29-08-2023)- 3 financial years not filed after the legal deadline; latest accounts 19 days late; 1 of the last 3 late- No filing in 24 months (latest 29-08-2023)- Two or more financial years not filed+ Liquidity: current ratio 0.18, cash €2,384Filed after the deadlineShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Average
Solvency 0=
equity -337.9% of total assets
Liquidity 50+42
short-term debt 437.9% · cash 45.1%
Profitability 100+50
return on assets 27.1%
Bankruptcy probability, 12 months
7.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,482 companies)
Last 24 months 11-2024: 4.0%lowest value 12-2024: 5.0%▲ +23.4% vs 11-2024 01-2025: 6.1%▲ +23.3% vs 12-2024 02-2025: 6.1%▼ -1.3% vs 01-2025 03-2025: 6.2%▲ +2.8% vs 02-2025 04-2025: 5.6%▼ -9.6% vs 03-2025 05-2025: 5.6%● 0.0% vs 04-2025 06-2025: 5.5%▼ -1.8% vs 05-2025 07-2025: 5.5%● 0.0% vs 06-2025 08-2025: 7.0%▲ +26.5% vs 07-2025 09-2025: 8.0%▲ +14.8% vs 08-2025highest value 10-2025: 8.0%▼ -0.9% vs 09-2025 11-2025: 8.0%● 0.0% vs 10-2025 12-2025: 8.0%● 0.0% vs 11-2025 01-2026: 8.0%● 0.0% vs 12-2025 02-2026: 8.0%● 0.0% vs 01-2026 03-2026: 8.0%● 0.0% vs 02-2026 04-2026: 8.0%● 0.0% vs 03-2026 05-2026: 8.0%● 0.0% vs 04-2026 06-2026: 8.0%● 0.0% vs 05-2026 07-2026: 7.8%▼ -1.5% vs 06-2026 08-2026: 7.4%▼ -6.1% vs 07-2026 09-2026: 7.4%● 0.0% vs 08-2026 10-2026: 7.4%● 0.0% vs 09-2026
  • Figures for FY 2022 (filed 29-08-2023) raises the probability
  • 3 financial years not filed after the legal deadline; latest accounts 19 days late; 1 of the last 3 late raises the probability
  • Liquidity: current ratio 0.18, cash €2,384 lowers the probability
  • No filing in 24 months (latest 29-08-2023) raises the probability
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2022 (filed 29-08-2023)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 19 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Liquidity: current ratio 0.18, cash €2,384
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · No filing in 24 months (latest 29-08-2023)
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline03-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 19-08-2023, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
19 d late
2021
31 d late
2020
30 d late
2019
120 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 50 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2022 · micro…
  2. Back to profitnet €1,431
  3. Annual accounts filedfiscal year 2021 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 794 d late View
  • Risk: Negative equityfiscal year 2022: debts exceed assets -€17,846 View
  • Caution: Among the weakest 5% on solvencysector median 28.7% · 16,682 companies -337.9% View

By topic

Financials

Fiscal year
2022
Total assets
€5,282
Profit
€1,431
Solvency
-337.9%
Go to Financials

Timeline

Events
9
Since
2017
  1. 19-08-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Cafés and barsNACE 56301
Founded
08-06-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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