ORION SOFTWARE
ActiveSummary
ORION SOFTWARE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230,402 and a net result of €50,585. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 69% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 4.13 against 3.95 in 2024; short-term debt: 23.5% and cash: 5.4% of total assets), and 23.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.3%
Return on assets
16.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-02-2026, 69 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
69 d early
2024
68 d early
2023
102 d early
2022
72 d early
2021
86 d early
2020
91 d early
2019
87 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 82 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€230,402▲ 18.5%
2024 · €194,367
Total assets
€301,830▲ 16.3%
2024 · €259,472
Net result
€50,585▲ 4.4%
2024 · €48,458
Working capital
€222,347▲ 16.4%
2024 · €191,034
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€42,408▲ 29.0%€43,190▲ 1.8%€47,407▲ 9.8%€67,411▲ 42.2%€72,891▲ 8.1%
Net result€27,755within the sector's middle half▲ 36.0%€25,174within the sector's middle half▼ 9.3%€31,725within the sector's middle half▲ 26.0%€48,458within the sector's middle half▲ 52.7%€50,585within the sector's middle half▲ 4.4%
Equity€130,304within the sector's middle half▲ 25.1%€140,986within the sector's middle half▲ 8.2%€147,575within the sector's middle half▲ 4.7%€194,367above the sector's middle half▲ 31.7%€230,402above the sector's middle half▲ 18.5%
Total assets€193,717within the sector's middle half▲ 7.5%€192,186within the sector's middle half▼ 0.8%€209,495within the sector's middle half▲ 9.0%€259,472within the sector's middle half▲ 23.9%€301,830above the sector's middle half▲ 16.3%
Debt€63,413▼ 16.6%€51,200▼ 19.3%€61,920▲ 20.9%€65,105▲ 5.1%€71,428▲ 9.7%
Working capital€108,282▲ 31.2%€128,627▲ 18.8%€144,044▲ 12.0%€191,034▲ 32.6%€222,347▲ 16.4%
Solvency67.3%within the sector's middle half▲ 9.5pp73.4%within the sector's middle half▲ 6.1pp70.4%within the sector's middle half▼ 2.9pp74.9%within the sector's middle half▲ 4.5pp76.3%within the sector's middle half▲ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €301,830
Fixed assets
€8,443 ▲ 127%
Current assets
€293,387 ▲ 14.7%
Equity and liabilities €301,830
Equity
€230,402 ▲ 18.5%
Debt
€71,428 ▲ 9.7%
Debt's share of the balance-sheet total falls from 25.1% to 23.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73,743▲
2024 · €67,968
Cash flow
€51,437▲
2024 · €49,015
Current ratio
4.13▲
2024 · 3.95
Debt to equity
0.31▼
2024 · 0.33
ROE
22.0%▼
2024 · 24.9%
ROA
16.8%▼
2024 · 18.7%
Interest coverage
12.95▲
2024 · 11.33
Debt ≤ 1 year
€71,040▲
2024 · €64,718
Income taxes
€20,310▲
2024 · €19,044
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €10,425 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,715 | €13,010 | €6,256 | €557 | €852 | ▲ 53.0% |
| Other operating charges640/8 | - | €2,555 | €1,535 | €2,032 | €2,179 | ▲ 7.2% |
| Non-recurring operating charges66A | - | €231 | - | - | - | - |
| Gross operating margin9900 | €59,630 | €58,986 | €55,198 | €70,000 | €75,922 | ▲ 8.5% |
| Operating profit (loss)9901 | €42,408 | €43,190 | €47,407 | €67,411 | €72,891 | ▲ 8.1% |
| Financial income75/76B | - | - | €426 | €6,088 | €3,700 | ▼ 39.2% |
| Recurring financial income75 | €2 | - | €426 | €6,088 | €3,700 | ▼ 39.2% |
| Financial charges65/66B | - | €1,737 | €3,306 | €5,997 | €5,696 | ▼ 5.0% |
| Recurring financial charges65 | €1,783 | €1,737 | €3,306 | €5,997 | €5,696 | ▼ 5.0% |
| Profit (loss) for the period before taxes9903 | €40,627 | €41,453 | €44,527 | €67,502 | €70,895 | ▲ 5.0% |
| Income taxes67/77 | €12,872 | €16,279 | €12,802 | €19,044 | €20,310 | ▲ 6.6% |
| Profit (loss) for the period9904 | €27,755 | €25,174 | €31,725 | €48,458 | €50,585 | ▲ 4.4% |
| Transfer from tax-exempt reserves789 | - | €10,584 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €29,261 | €35,758 | €31,725 | €48,458 | €50,585 | ▲ 4.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €193,717 | €192,186 | €209,495 | €259,472 | €301,830 | ▲ 16.3% |
| Fixed assets21/28 | €26,960 | €12,720 | €4,277 | €3,720 | €8,443 | ▲ 127% |
| Tangible fixed assets22/27 | €26,910 | €12,670 | €4,227 | €3,670 | €8,393 | ▲ 129% |
| Plant, machinery and equipment23 | - | €473 | - | - | - | - |
| Furniture and vehicles24 | - | €12,197 | €118 | - | €1,694 | - |
| Other tangible fixed assets26 | - | - | €4,109 | €3,670 | €6,699 | ▲ 82.5% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €166,757 | €179,466 | €205,218 | €255,752 | €293,387 | ▲ 14.7% |
| Stocks and contracts in progress3 | €4,000 | - | €5,000 | - | - | - |
| Contracts in progress37 | - | - | €5,000 | - | - | - |
| Amounts receivable within one year40/41 | €3,466 | €4,744 | €513 | €14,294 | €16,276 | ▲ 13.9% |
| Trade receivables40 | - | €4,444 | - | €14,294 | €15,675 | ▲ 9.7% |
| Other amounts receivable41 | - | €300 | €513 | - | €601 | - |
| Current investments50/53 | €95,006 | €95,006 | €180,006 | €216,186 | €257,246 | ▲ 19.0% |
| Cash at bank and in hand54/58 | €61,840 | €77,269 | €16,892 | €22,822 | €16,280 | ▼ 28.7% |
| Deferred charges and accrued income490/1 | - | €2,447 | €2,807 | €2,450 | €3,585 | ▲ 46.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €193,717 | €192,186 | €209,495 | €259,472 | €301,830 | ▲ 16.3% |
| Equity10/15 | €130,304 | €140,986 | €147,575 | €194,367 | €230,402 | ▲ 18.5% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €111,704 | €122,386 | €128,975 | €175,767 | €211,802 | ▲ 20.5% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €120,526 | €128,975 | €175,767 | €211,802 | ▲ 20.5% |
| Amounts payable17/49 | €63,413 | €51,200 | €61,920 | €65,105 | €71,428 | ▲ 9.7% |
| Amounts payable after more than one year17 | €4,578 | - | - | - | - | - |
| Amounts payable within one year42/48 | €58,475 | €50,839 | €61,174 | €64,718 | €71,040 | ▲ 9.8% |
| Current portion of amounts payable after more than one year42 | - | €4,578 | - | - | - | - |
| Trade debts44 | €5,079 | - | €2,873 | €3,302 | €3,584 | ▲ 8.5% |
| Suppliers440/4 | - | - | €2,873 | €3,302 | €3,584 | ▲ 8.5% |
| Taxes, remuneration and social security45 | - | €6,787 | €3,088 | €7,127 | €5,574 | ▼ 21.8% |
| Taxes450/3 | - | €4,754 | €1,178 | €5,244 | €5,551 | ▲ 5.9% |
| Remuneration and social security454/9 | - | €2,033 | €1,910 | €1,883 | €23 | ▼ 98.8% |
| Other amounts payable47/48 | - | €39,474 | €55,213 | €54,289 | €61,882 | ▲ 14.0% |
| Accrued charges and deferred income492/3 | - | €361 | €746 | €387 | €388 | ▲ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,755 | €25,174 | €31,725 | €48,458 | €50,585 | ▲ 4.4% |
| + Depreciation and write-downs630 | €14,715 | €13,010 | €6,256 | €557 | €852 | ▲ 53.0% |
| Operating cash flow (approximation) | €42,470 | €38,184 | €37,981 | €49,015 | €51,437 | ▲ 4.9% |
| Investment in fixed assets (approximation) | - | €1,230 | €2,187 | €0 | -€5,575 | - |
| Change in cash | - | €15,429 | -€60,377 | €5,930 | -€6,542 | ▼ 210% |
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
Next filing, fiscal year 2026, expected by
2026
20-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €50,585 ▲4.4%
Operating result €72,891, net result €50,585, both a record.
30-09
Financial
Equity above €200,000Eq €230,402 ▲18.5%
8 profitable years in a row build equity to €230,402.
21-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €150,000Eq €194,367 ▲31.7%
7 profitable years in a row build equity to €194,367.
19-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €100,000Eq €104,149 ▲22%
3 profitable years in a row build equity to €104,149.
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
12-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
State Gazette act
General meeting · Governance change
Director resignation · Board meeting
14-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 1998
Ground area
1,095 m²
Building footprint
216 m²
Volume, LiDAR
1,103 m³
Parcel 46002C1081/00Z000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ORION SOFTWARE
since 19982.089.229.055
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002C1081/00Z000 | Flanders | 1,095 m² | 1 · 216 m² | 8.8 m · 2 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
Legal Entity Identifier
894500PXZX7AED6ULZ34
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,778. 6,463 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
Founded13-11-1998
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464492517
Also
9925:BE0464492517
Registered
30-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.