Orion Services
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ghent division
- Declared bankrupt
- 4 November 2025
- Supervising judge
- Patrick Dumortier
- Official Gazette
- 10-11-2025 (pdf) ↗search the document for 2025/146304
Deadlines
- Provisional date payments stopped
- 4 November 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 25 November 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 4 December 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 9 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 4 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Bernard De MeyerCoupure 158, 9000 Gentbernard@uprightlaw.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Business and other management consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, abbreviated schema
Equity
-€180,128▼ 0.3%
2022 · -€179,513
Total assets
€4,605▼ 85.3%
2022 · €31,300
Net result
-€615▲ 96.8%
2022 · -€19,328
Working capital
-€183,229=
2022 · -€183,263
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€12,136-€32,599▼ 169%€163,374-€15,012-€1,721▲ 88.5%
Net result-€44,819▼ 169%-€70,088below the sector's middle half▼ 56.4%€129,763within the sector's middle half-€19,328below the sector's middle half-€615below the sector's middle half▲ 96.8%
Equity-€219,860▼ 25.6%-€289,948below the sector's middle half▼ 31.9%-€160,185below the sector's middle half▲ 44.8%-€179,513below the sector's middle half▼ 12.1%-€180,128below the sector's middle half▼ 0.3%
Total assets€494,147▲ 0.7%€489,901within the sector's middle half▼ 0.9%€32,156below the sector's middle half▼ 93.4%€31,300below the sector's middle half▼ 2.7%€4,605below the sector's middle half▼ 85.3%
Debt€714,007▲ 7.3%€779,849▲ 9.2%€192,342▼ 75.3%€210,813▲ 9.6%€184,733▼ 12.4%
Working capital-€69,688▼ 80.0%-€121,166below the sector's middle half▼ 73.9%-€160,185below the sector's middle half▼ 32.2%-€183,263below the sector's middle half▼ 14.4%-€183,229below the sector's middle half=
Solvency-44.5%▼ 8.8pp-59.2%below the sector's middle half▼ 14.7pp-498.1%below the sector's middle half▼ 439.0pp-573.5%below the sector's middle half▼ 75.4pp
Current ratio0.26▲ 0.110.24below the sector's middle half▼ 0.030.17below the sector's middle half▼ 0.070.13below the sector's middle half▼ 0.04
Return on assets (ROA)-9.1%▼ 5.7pp-14.3%below the sector's middle half▼ 5.2pp403.5%above the sector's middle half▲ 417.8pp-61.8%below the sector's middle half▼ 465.3pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,721 in 2023 against €15,012 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4,605
Fixed assets
€3,750 =
Current assets
€855 ▼ 96.9%
Equity and liabilities
Equity-€180,128
Debt€184,733
Equity is negative: debt (€184,733) exceeds the balance-sheet total (€4,605).
Key figures and ratios
Debt ≤ 1 year
€184,083▼
2022 · €210,813
Staff costs
€3,620▼
2022 · €6,912
Ratios withheld: a balance sheet total of €4,605 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 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €880 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €6,912 | €3,620 | ▼ 47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,182 | €14,182 | - | - | - | - |
| Other operating charges640/8 | - | - | €7,839 | €2,572 | €926 | ▼ 64.0% |
| Non-recurring operating charges66A | - | - | - | €4,000 | €0 | ▼ 100% |
| Gross operating margin9900 | €4,848 | -€8,859 | €171,214 | -€1,527 | €2,825 | ▲ 285% |
| Operating profit (loss)9901 | -€12,136 | -€32,599 | €163,374 | -€15,012 | -€1,721 | ▲ 88.5% |
| Financial income75/76B | - | - | €1,490 | €4,575 | €1,684 | ▼ 63.2% |
| Recurring financial income75 | €326 | €1,417 | €1,490 | €4,575 | €1,684 | ▼ 63.2% |
| Financial charges65/66B | - | - | €35,102 | €8,891 | €578 | ▼ 93.5% |
| Recurring financial charges65 | €33,009 | €38,906 | €35,102 | €8,891 | €578 | ▼ 93.5% |
| Profit (loss) for the period before taxes9903 | -€44,819 | -€70,088 | €129,763 | -€19,328 | -€615 | ▲ 96.8% |
| Profit (loss) for the period9904 | -€44,819 | -€70,088 | €129,763 | -€19,328 | -€615 | ▲ 96.8% |
| Profit (loss) for the period to be appropriated9905 | -€44,819 | -€70,088 | €129,763 | -€19,328 | -€615 | ▲ 96.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €494,147 | €489,901 | €32,156 | €31,300 | €4,605 | ▼ 85.3% |
| Fixed assets21/28 | €469,272 | €452,550 | - | €3,750 | €3,750 | = |
| Tangible fixed assets22/27 | €466,732 | €452,550 | - | - | - | - |
| Financial fixed assets28 | €2,540 | €0 | - | €3,750 | €3,750 | = |
| Current assets29/58 | €24,875 | €37,351 | €32,156 | €27,550 | €855 | ▼ 96.9% |
| Amounts receivable within one year40/41 | €23,640 | €33,500 | €32,131 | €27,265 | €840 | ▼ 96.9% |
| Trade receivables40 | - | - | €6,471 | - | €400 | - |
| Other amounts receivable41 | - | - | €25,660 | €27,265 | €440 | ▼ 98.4% |
| Cash at bank and in hand54/58 | €745 | €1,888 | €25 | €285 | €15 | ▼ 94.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €494,147 | €489,901 | €32,156 | €31,300 | €4,605 | ▼ 85.3% |
| Equity10/15 | -€219,860 | -€289,948 | -€160,185 | -€179,513 | -€180,128 | ▼ 0.3% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€238,460 | -€308,548 | -€178,785 | -€198,113 | -€198,728 | ▼ 0.3% |
| Amounts payable17/49 | €714,007 | €779,849 | €192,342 | €210,813 | €184,733 | ▼ 12.4% |
| Amounts payable after more than one year17 | €619,444 | €619,444 | - | - | - | - |
| Amounts payable within one year42/48 | €94,563 | €158,517 | €192,342 | €210,813 | €184,083 | ▼ 12.7% |
| Trade debts44 | €14,917 | €22,176 | €9,893 | €3,195 | €10,659 | ▲ 234% |
| Suppliers440/4 | - | - | €9,893 | €3,195 | €10,659 | ▲ 234% |
| Taxes, remuneration and social security45 | - | - | - | €5,080 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €706 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €4,374 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €182,448 | €202,539 | €173,424 | ▼ 14.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €649 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€44,819 | -€70,088 | €129,763 | -€19,328 | -€615 | ▲ 96.8% |
| + Depreciation and write-downs630 | €14,182 | €14,182 | - | - | - | - |
| Operating cash flow (approximation) | -€30,636 | -€55,905 | €129,763 | -€19,328 | -€615 | ▲ 96.8% |
| Investment in fixed assets (approximation) | - | €2,540 | - | - | €0 | - |
| Change in cash | - | €1,143 | -€1,863 | €260 | -€270 | ▼ 204% |
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
2025
10-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 04-11-2025
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 135 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 137 days late
2021
31-12
Financial
Back to profitnet €129,763
Net result €129,763 after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet -€70,088
Net result drops to -€70,088, the lowest in the series.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2008
Ground area
1.1 ha
Building footprint
4,476 m²
Volume, LiDAR
1,032 m³
2 parcels, Flanders · tallest building 17.9 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ESKA VASTGOED
since 20082.169.019.572
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0080/00G000 | Flanders | 1.1 ha | 1 · 4,377 m² | - |
| 44021A1749/00E002 | Flanders | 96 m² | 1 · 99 m² | 17.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BERNARD DE MEYER Coupure 158, 9000 Gent |
04-11-2025 → present |
Structure & network
Owners and holdings
1 ownerChain of control
- SUNA Consulting
- Orion Services
Highest known parent: SUNA Consulting. The sources do not say who stands above it.
Owners 1
- SUNA Consultingparent99%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,601 companies in this sector we hold annual accounts for 52,629. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded28-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.