ORION.W
ActiveSummary
ORION.W has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.37M and a net result of €-1.02M. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 85% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-31
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 8.13 against 3.03 in 2023; short-term debt: 4.7% and cash: 1.4% of total assets), and 11.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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 2024Solvency, return and age of the figures
Solvency
88.9%
Return on assets
-38.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 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
82 d late
2023
105 d late
2022
92 d late
2021
92 d late
2020
53 d late
2019
110 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.37M▼ 30.2%
2023 · €3.40M
2018: €3.50M
2019: €3.48M
2020: €3.45M
2021: €3.38M
2022: €3.04M
2023: €3.40M
2018 → 2024
Total assets
€2.67M▼ 28.1%
2023 · €3.71M
2018: €4.09M
2019: €4.05M
2020: €3.97M
2021: €4.18M
2022: €3.80M
2023: €3.71M
2018 → 2024
Net result
€-1.02M
2023 · €355k
2018: €76k
2019: €-14k
2020: €-33k
2021: €-66k
2022: €-343k
2023: €355k
2018 → 2024
Working capital
€886k▲ 243%
2023 · €259k
2018: €551k
2019: €167k
2020: €159k
2021: €-232k
2022: €-339k
2023: €259k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3.45M-€3.38M▼ 1.9%€3.04M▼ 10.2%€3.40M▲ 11.7%€2.37M▼ 30.2%
Operating result€-39k-€-142k▼ 263%€-137k▲ 3.6%€-213k▼ 55.6%€-1.07M▼ 402%
Net result€-33k-€-66k▼ 102%€-343k▼ 417%€355k€-1.02M
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 €1.07M in 2024 against €213k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.67M
Fixed assets
€1.66M ▼ 50.2%
Current assets
€1.01M ▲ 162%
Equity and liabilities €2.67M
Equity
€2.37M ▼ 30.2%
Debt
€297k ▼ 6.0%
Debt's share of the balance-sheet total rises from 8.5% to 11.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-918k▼
2023 · €-101k
Cash flow
€-873k▼
2023 · €467k
Current ratio
8.13▲
2023 · 3.03
Debt to equity
0.13▲
2023 · 0.09
ROE
-43.2%▼
2023 · 10.5%
ROA
-38.4%▼
2023 · 9.6%
Interest coverage
-134.69▼
2023 · -6.38
Debt ≤ 1 year
€124k▼
2023 · €127k
Debt > 1 year
€172k▼
2023 · €188k
Income taxes
€415▼
2023 · €539
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.71M€2.67M▼
Fixed assets21/28€3.32M€1.66M▼
Intangible fixed assets21€156k€78k▼
Tangible fixed assets22/27€1.23M€1.58M▲
Land and buildings22€940k€1.43M▲
Plant, machinery and equipment23€3k€23k▲
Furniture and vehicles24€12k€9k▼
Other tangible fixed assets26€270k€119k▼
Financial fixed assets28€1.94M€500▼
Current assets29/58€386k€1.01M▲
Amounts receivable after more than one year29€85k€85k=
Other amounts receivable291€85k€85k=
Amounts receivable within one year40/41€274k€237k▼
Trade receivables40€61k€127k▲
Other amounts receivable41€212k€110k▼
Current investments50/53-€650k
Cash at bank and in hand54/58€25k€38k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€3.71M€2.67M▼
Equity10/15€3.40M€2.37M▼
Contributions10/11€3.43M€3.43M=
Reserves13€81k€81k=
Non-distributable reserves130/1€81k€81k=
Reserves not available under the articles1311€81k€81k=
Profit (loss) carried forward14€-112k€-1.14M▼
Amounts payable17/49€316k€297k▼
Amounts payable after more than one year17€188k€172k▼
Financial debts170/4€188k€172k▼
Amounts payable within one year42/48€127k€124k▼
Current portion of amounts payable after more than one year42€14k€16k▲
Trade debts44€7k€40k▲
Suppliers440/4€7k€40k▲
Taxes, remuneration and social security45€2k€392▼
Taxes450/3-€392
Remuneration and social security454/9€2k-
Other amounts payable47/48€104k€68k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€151k▲
Other operating charges640/8€25k€899k▲
Gross operating margin9900€-76k€-19k▲
Operating profit (loss)9901€-213k€-1.07M▼
Financial income75/76B€585k€52k▼
Recurring financial income75€585k€52k▼
Financial charges65/66B€16k€7k▼
Recurring financial charges65€16k€7k▼
Profit (loss) for the period before taxes9903€356k€-1.02M▼
Income taxes67/77€539€415▼
Profit (loss) for the period9904€355k€-1.02M▼
Profit (loss) for the period to be appropriated9905€355k€-1.02M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-112k€-1.14M▼
Profit (loss) brought forward from the previous period14P€-467k€-112k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 82 days late
2024
31-12
Financial
Weakest financial yearnet €-1.02M
Net result drops to €-1.02M, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 8.13
Current ratio from 3.03 to 8.13; short-term debt falls from €127k to €124k.
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 105 days late
2023
31-12
Financial
Back to profitnet €355k
Net result €355k after 4 loss-making years.
31-12
Financial
Liquidity times 8current ratio 3.03
Current ratio from 0.38 to 3.03; short-term debt falls from €546k to €127k.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 53 days late
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 110 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 71 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 92 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Antwerpen · 2 establishment units since 1998
Ground area
4,340 m²
Building footprint
821 m²
Volume, LiDAR
7,500 m³
2 parcels, Flanders · tallest building 22.5 m, ±6 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
2 establishment units
Zuiddijk 4, 8340 Damme
since 19982.088.823.239
Sneeuwbeslaan 17, 2610 Antwerpen
since 20072.343.368.164
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31006B0176/00E000 | Flanders | 3,635 m² | 1 · 232 m² | 9.8 m · 1 fl. |
| 11051B0160/00E002 | Flanders | 705 m² | 1 · 590 m² | 22.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 750 EUR awarded · 400 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 400 EUR | 400 EUR |
| 2022 | 1 | 350 EUR | 0 EUR |
Schemes
Subsidie voor controlekosten voor de biologische landbouw
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,572. 18,269 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-1998
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
01450Raising of sheep and goats
68201Renting and operating of own or leased residential real estate, excluding social housing
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.