ORIENTAL EVENTS
ActiveSummary
The computed 12-month bankruptcy probability of ORIENTAL EVENTS is 6.7% (elevated). For ORIENTAL EVENTS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (€-60k) and a net result of €4k. Equity is shrinking by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 16698 sector peers (fiscal year 2022). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
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
Axes, FY 2022 · tick = 2021
Profitability56▲+56
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
6.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
-110%
Return on assets
7.5%
Age of the figures
45 mo
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
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 · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 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 05-10-2023, 66 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
66 d late
2021
19 d late
2020
41 d late
2019
103 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-60k▲ 6.4%
2021 · €-65k
2018: €-8khighest in 5 years
2019: €-37k▼ -370% vs 2018
2020: €-49k▼ -34.9% vs 2019
2021: €-65k▼ -30.9% vs 2020lowest in 5 years
2022: €-60k▲ +6.4% vs 2021
2018 → 2022
Total assets
€55k▲ 54.3%
2021 · €36k
2018: €31klowest in 5 years
2019: €44k▲ +43.3% vs 2018
2020: €42k▼ -5.1% vs 2019
2021: €36k▼ -15.0% vs 2020
2022: €55k▲ +54.3% vs 2021highest in 5 years
2018 → 2022
Net result
€4k
2021 · €-15k
2018: €-12k
2019: €-29k▼ -143% vs 2018lowest in 5 years
2020: €-12k▲ +58.8% vs 2019
2021: €-15k▼ -28.9% vs 2020
2022: €4k▲ +127% vs 2021highest in 5 years
2018 → 2022
Working capital
€-94k▲ 2.3%
2021 · €-96k
2018: €-31khighest in 5 years
2019: €-73k▼ -134% vs 2018
2020: €-90k▼ -23.5% vs 2019
2021: €-96k▼ -6.6% vs 2020lowest in 5 years
2022: €-94k▲ +2.3% vs 2021
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-8k-€-37k▼ 370%€-49k▼ 34.9%€-65k▼ 30.9%€-60k▲ 6.4%
2018: €-8khighest in 5 years
2019: €-37k▼ -370% vs 2018
2020: €-49k▼ -34.9% vs 2019
2021: €-65k▼ -30.9% vs 2020lowest in 5 years
2022: €-60k▲ +6.4% vs 2021
Operating result€-11k-€-25k▼ 139%€-11k▲ 57.5%€-15k▼ 40.3%€4k
2018: €-11k
2019: €-25k▼ -139% vs 2018lowest in 5 years
2020: €-11k▲ +57.5% vs 2019
2021: €-15k▼ -40.3% vs 2020
2022: €4k▲ +129% vs 2021highest in 5 years
Net result€-12k-€-29k▼ 143%€-12k▲ 58.8%€-15k▼ 28.9%€4k
2018: €-12k
2019: €-29k▼ -143% vs 2018lowest in 5 years
2020: €-12k▲ +58.8% vs 2019
2021: €-15k▼ -28.9% vs 2020
2022: €4k▲ +127% vs 2021highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €4k after a loss of €15k in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €55k
Fixed assets
€34k ▲ 6.0%
Current assets
€21k ▲ 434%
Key figures and ratios
Solvency
-110.0%▲
2021 · -181.2%
Current ratio
0.19▲
2021 · 0.04
Debt to equity
-1.91▼
2021 · -1.55
ROA
7.5%▲
2021 · -42.8%
Debt
€115k▲
2021 · €100k
Debt ≤ 1 year
€115k▲
2021 · €100k
Staff costs
€21k▲
2021 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 38 lines
Balance sheet
Code20212022
Assets
Total assets20/58€36k€55k▲
Fixed assets21/28€32k€34k▲
Tangible fixed assets22/27€30k€32k▲
Furniture and vehicles24€21k€23k▲
Other tangible fixed assets26€10k€10k=
Financial fixed assets28€1k€1k=
Current assets29/58€4k€21k▲
Amounts receivable within one year40/41€3k€19k▲
Trade receivables40€1k€18k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€218€226▲
Equity and liabilities
Total equity and liabilities10/49€36k€55k▲
Equity10/15€-65k€-60k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-83k€-79k▲
Amounts payable17/49€100k€115k▲
Amounts payable within one year42/48€100k€115k▲
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45€3k€17k▲
Taxes450/3€923€11k▲
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48€89k€88k▼
Income statement
Code20212022
Remuneration, social security and pensions62€7k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k-
Other operating charges640/8€7k€589▼
Gross operating margin9900€11k€26k▲
Operating profit (loss)9901€-15k€4k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€200€263▲
Recurring financial charges65€200€263▲
Profit (loss) for the period before taxes9903€-15k€4k▲
Profit (loss) for the period9904€-15k€4k▲
Profit (loss) for the period to be appropriated9905€-15k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-83k€-79k▲
Profit (loss) brought forward from the previous period14P€-68k€-83k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €7k | €21k | ▲ 209% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €9k | €9k | €12k | - | - |
| Other operating charges640/8 | - | - | - | €7k | €589 | ▼ 91.8% |
| Gross operating margin9900 | €-7k | €-14k | €6k | €11k | €26k | ▲ 144% |
| Operating profit (loss)9901 | €-11k | €-25k | €-11k | €-15k | €4k | ▲ 129% |
| Financial income75/76B | - | - | - | €1 | - | - |
| Recurring financial income75 | - | - | - | €1 | - | - |
| Financial charges65/66B | - | - | - | €200 | €263 | ▲ 31.5% |
| Recurring financial charges65 | €1k | €4k | €1k | €200 | €263 | ▲ 31.5% |
| Profit (loss) for the period before taxes9903 | €-12k | €-29k | €-12k | €-15k | €4k | ▲ 127% |
| Profit (loss) for the period9904 | €-12k | €-29k | €-12k | €-15k | €4k | ▲ 127% |
| Profit (loss) for the period to be appropriated9905 | €-12k | €-29k | €-12k | €-15k | €4k | ▲ 127% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31k | €44k | €42k | €36k | €55k | ▲ 54.3% |
| Fixed assets21/28 | €23k | €36k | €41k | €32k | €34k | ▲ 6.0% |
| Tangible fixed assets22/27 | €22k | €35k | €39k | €30k | €32k | ▲ 6.3% |
| Furniture and vehicles24 | - | - | - | €21k | €23k | ▲ 9.2% |
| Other tangible fixed assets26 | - | - | - | €10k | €10k | = |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €7k | €8k | €1k | €4k | €21k | ▲ 434% |
| Amounts receivable within one year40/41 | €4k | €5k | €291 | €3k | €19k | ▲ 609% |
| Trade receivables40 | - | - | - | €1k | €18k | ▲ 1,407% |
| Other amounts receivable41 | - | - | - | €2k | €2k | ▲ 1.1% |
| Cash at bank and in hand54/58 | €3k | €2k | €776 | €1k | €2k | ▲ 71.8% |
| Deferred charges and accrued income490/1 | - | - | - | €218 | €226 | ▲ 3.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31k | €44k | €42k | €36k | €55k | ▲ 54.3% |
| Equity10/15 | €-8k | €-37k | €-49k | €-65k | €-60k | ▲ 6.4% |
| Contributions10/11 | €19k | €19k | - | €19k | €19k | = |
| Profit (loss) carried forward14 | €-26k | €-55k | €-68k | €-83k | €-79k | ▲ 4.9% |
| Amounts payable17/49 | €39k | €81k | €91k | €100k | €115k | ▲ 15.2% |
| Amounts payable within one year42/48 | €39k | €81k | €91k | €100k | €115k | ▲ 15.2% |
| Trade debts44 | €19k | €9k | €11k | €8k | €10k | ▲ 24.0% |
| Suppliers440/4 | - | - | - | €8k | €10k | ▲ 24.0% |
| Taxes, remuneration and social security45 | - | - | - | €3k | €17k | ▲ 482% |
| Taxes450/3 | - | - | - | €923 | €11k | ▲ 1,042% |
| Remuneration and social security454/9 | - | - | - | €2k | €7k | ▲ 230% |
| Other amounts payable47/48 | - | - | - | €89k | €88k | ▼ 1.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-12k | €-29k | €-12k | €-15k | €4k | ▲ 127% |
| + Depreciation and write-downs630 | €3k | €9k | €9k | €12k | - | - |
| Operating cash flow (approximation) | €-9k | €-20k | €-3k | €-4k | €4k | ▲ 217% |
| Investment in fixed assets (approximation) | - | €-22k | €-14k | €-2k | €-2k | ▲ 23.2% |
| Change in cash | - | €-810 | €-2k | €292 | €767 | ▲ 162% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after 4 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 41 days late
2020
11-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 103 days late
2019
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 149 days late
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
13-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
07-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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, Vorst · 1 establishment unit since 2003
Ground area
2.1 ha
Building footprint
9,720 m²
Volume, LiDAR
117,244 m³
Parcel 21382C0221/00E003, Brussels · tallest building 20.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ORIENTAL EVENTS
since 20032.133.219.050
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0221/00E003 | Brussels | 2.1 ha | 1 · 9,720 m² | 20.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVorst2.133.219.050
Similar companies · same sector, comparable size
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COEUR DU BOIS
BE 0874.772.625
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TOM TO GO
BE 0790.555.641
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O&L ELLIPSIS
BE 0799.883.378
Zaventem · Eq €4,066
PANINO
BE 1002.699.094
Aalst · Eq €4,045
Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 4,689 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-09-2003
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
82300Organisation of conventions and trade shows
56210Event catering
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.