ORIGIN2U.EU
The computed 12-month bankruptcy probability of ORIGIN2U.EU is 2.2% (moderate). The 2024 annual accounts show negative equity (€-53k) and a net result of €73k. Equity is shrinking by ~28.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 3334 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-53k |
| Net result | €73k |
| Better than sector | 14% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -36.4% | 25.2% | |
| Net result | €73k | €4k | |
| Equity | €-53k | €23k | |
| Gross operating margin | €79k | €18k | |
| Total assets | €146k | €105k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €77k |
| Net profit | €73k |
| Cash flow | €75k |
| Staff costs | - |
| Income taxes | €233 |
| Dividends | - |
| Total assets | €146k |
| Equity | €-53k |
| Debt | €199k |
| of which ≤ 1y | €199k |
| of which > 1y | - |
| Working capital | €-57k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.71 |
| Quick ratio | 0.17 |
| Working capital ratio | -39.3% |
| Solvency | -36.4% |
| Debt / equity | -3.74 |
| Long-term debt ratio | - |
| Interest coverage | 87.00 |
| Gross margin | - |
| Net margin | - |
| ROA | 49.8% |
| ROE | -136.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €146k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €4k |
| Current assets | 29/58 | €142k |
| Stocks & contracts in progress | 3 | €109k |
| Amounts receivable within one year | 40/41 | €7k |
| Cash & bank | 54/58 | €26k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €146k |
| Equity | 10/15 | €-53k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-58k |
| Amounts payable | 17/49 | €199k |
| Amounts payable within one year | 42/48 | €199k |
| Trade debts payable within one year | 44 | €146k |
| Income statement | ||
| Gross operating margin | 9900 | €79k |
| Operating result | 9901 | €74k |
| Financial income | 75 | €28 |
| Financial charges | 65 | €880 |
| Result before taxes | 9903 | €73k |
| Income taxes | 67/77 | €233 |
| Net result for the period | 9904 | €73k |
| Result to be appropriated | 9905 | €73k |
| NACE primary | Wholesale trade(46170) |
| Legal form | Private limited company(610) |
| Incorporation | 24-12-2020 |
| Status | Active |
| Postal code | 1410 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764Q0089/00T000 | Wallonia | 886 m² | 1 · 42 m² | 8.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-10-2024 1 director appointed, 1 resigning
- LIAGRE Margaux Claude, Bestuurder
- LUCTKENS Bernard Paul Lionel, Directeur
Technical details
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}03-07-2024 1 director appointed, 1 resigning
- LUCTKENS Bernard Paul Lionel, Bestuurder
- LIAGRE Margaux Claude, Bestuurder
Technical details
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"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale nomme en qualit\u00E9 d\u0027administrateur de la soci\u00E9t\u00E9 Monsieur LUCTKENS Bernard Paul Lionel, demeurant avenue de Diane, n\u00B01, bo\u00EEte 7. \u00E0 1410 WATERLOO, num\u00E9ro national 53.02.08-059.52, en remplacement de Madame LIAGRE Margaux Claude, num\u00E9ro national 91.12.05-332.58, qui d\u00E9missionne de ",
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"act_meta": {
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"pub_date": "2024-07-03",
"filing_date": "2024-06-21",
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ORIGIN2U.EU |