ORITEX
ActiveThe file of ORITEX contains 4 judicial reorganisation notices, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 7.2% (elevated). The 2024 annual accounts show equity of €159,952 and a net result of €22,120. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 61% of 1,203 sector peers (NACE 18, financial year 2024).
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.
Equity
€159,952▲ 16.0%
2023 · €137,832
Total assets
€259,702▼ 2.6%
2023 · €266,523
Net result
€22,120
2023 · -€552
Working capital
-€38,675▲ 45.9%
2023 · -€71,541
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 696 times 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€23,155
2024
Net result€22,120
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€259,702
2024
Equity€159,952
2024
Debt€99,750
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€38,675
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)8.5%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency61.6%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.59
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)4
2021
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 18, Printing and reproduction of recorded media: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€38,318-€8,624▼ 77.5%€63,100▲ 632%€67,935▲ 7.7%-€14,218€33€23,155▲ 696×
Net result€10,831--€19,225€47,266above the sector's middle half€65,080above the sector's middle half▲ 37.7%-€23,376below the sector's middle half-€552within the sector's middle half▲ 97.6%€22,120within the sector's middle half
Equity€68,626-€49,401▼ 28.0%€96,667within the sector's middle half▲ 95.7%€161,746above the sector's middle half▲ 67.3%€138,384within the sector's middle half▼ 14.4%€137,832within the sector's middle half▼ 0.4%€159,952above the sector's middle half▲ 16.0%
Total assets€478,421-€474,658▼ 0.8%€537,759above the sector's middle half▲ 13.3%€467,982above the sector's middle half▼ 13.0%€300,421above the sector's middle half▼ 35.8%€266,523within the sector's middle half▼ 11.3%€259,702within the sector's middle half▼ 2.6%
Debt€409,795-€425,257▲ 3.8%€441,092▲ 3.7%€306,235▼ 30.6%€162,037▼ 47.1%€128,691▼ 20.6%€99,750▼ 22.5%
Working capital-€168,843--€197,305▼ 16.9%-€160,682below the sector's middle half▲ 18.6%-€79,840below the sector's middle half▲ 50.3%-€81,818below the sector's middle half▼ 2.5%-€71,541below the sector's middle half▲ 12.6%-€38,675below the sector's middle half▲ 45.9%
Solvency14.3%-10.4%▼ 3.9pp18.0%within the sector's middle half▲ 7.6pp34.6%within the sector's middle half▲ 16.6pp46.1%within the sector's middle half▲ 11.5pp51.7%within the sector's middle half▲ 5.7pp61.6%within the sector's middle half▲ 9.9pp
Current ratio0.51-0.50▼ 0.010.64below the sector's middle half▲ 0.140.73below the sector's middle half▲ 0.100.45below the sector's middle half▼ 0.280.40below the sector's middle half▼ 0.050.59below the sector's middle half▲ 0.19
Return on assets (ROA)2.3%--4.1%▼ 6.3pp8.8%within the sector's middle half▲ 12.8pp13.9%above the sector's middle half▲ 5.1pp-7.8%below the sector's middle half▼ 21.7pp-0.2%within the sector's middle half▲ 7.6pp8.5%within the sector's middle half▲ 8.7pp
Staff (FTE)4-4=4above the sector's middle half=4=
above
within
below
the middle half of NACE 18, Printing and reproduction of recorded media: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €259,702
Fixed assets
€203,319 ▼ 6.8%
Current assets
€56,383 ▲ 16.7%
Equity and liabilities €259,702
Equity
€159,952 ▲ 16.0%
Debt
€99,750 ▼ 22.5%
Debt's share of the balance-sheet total falls from 48.3% to 38.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38,065▲
2023 · €14,943
Cash flow
€37,030▲
2023 · €14,358
Debt to equity
0.62▼
2023 · 0.93
ROE
13.8%▲
2023 · -0.4%
Interest coverage
36.79▲
2023 · 25.53
Debt ≤ 1 year
€95,058▼
2023 · €119,835
Debt > 1 year
€4,691▼
2023 · €8,856
Staff costs
€0▲
2023 · -€194
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €99,354 | €36,487 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €132,904 | €39,148 | -€194 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,654 | €24,597 | €23,342 | €14,798 | €14,181 | €14,910 | €14,910 | = |
| Other operating charges640/8 | - | - | - | €3,263 | €8,232 | €4,004 | €402 | ▼ 90.0% |
| Gross operating margin9900 | €221,248 | €185,903 | €215,121 | €218,899 | €47,343 | €18,754 | €38,467 | ▲ 105% |
| Operating profit (loss)9901 | €38,318 | €8,624 | €63,100 | €67,935 | -€14,218 | €33 | €23,155 | ▲ 696× |
| Financial income75/76B | - | - | - | €2,019 | €362 | €0 | - | - |
| Recurring financial income75 | €25 | €723 | €89 | €2,019 | €362 | €0 | - | - |
| Financial charges65/66B | - | - | - | €4,874 | €9,520 | €585 | €1,035 | ▲ 76.8% |
| Recurring financial charges65 | €27,512 | €28,572 | €10,877 | €4,874 | €9,520 | €585 | €1,035 | ▲ 76.8% |
| Profit (loss) for the period before taxes9903 | €10,831 | -€19,225 | €52,312 | €65,080 | -€23,376 | -€552 | €22,120 | - |
| Income taxes67/77 | - | - | €5,046 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €10,831 | -€19,225 | €47,266 | €65,080 | -€23,376 | -€552 | €22,120 | - |
| Profit (loss) for the period to be appropriated9905 | €10,831 | -€19,225 | €47,266 | €65,080 | -€23,376 | -€552 | €22,120 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €478,421 | €474,658 | €537,759 | €467,982 | €300,421 | €266,523 | €259,702 | ▼ 2.6% |
| Fixed assets21/28 | €302,828 | €280,691 | €257,349 | €248,037 | €233,139 | €218,229 | €203,319 | ▼ 6.8% |
| Intangible fixed assets21 | €0 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €142,453 | €120,316 | €96,974 | €87,662 | €72,764 | €57,854 | €42,944 | ▼ 25.8% |
| Land and buildings22 | - | - | - | €81,374 | €70,479 | €56,026 | €41,573 | ▼ 25.8% |
| Furniture and vehicles24 | - | - | - | €6,288 | €2,285 | €1,828 | €1,371 | ▼ 25.0% |
| Financial fixed assets28 | €160,375 | €160,375 | €160,375 | €160,375 | €160,375 | €160,375 | €160,375 | = |
| Current assets29/58 | €175,593 | €193,966 | €280,410 | €219,945 | €67,282 | €48,294 | €56,383 | ▲ 16.7% |
| Stocks and contracts in progress3 | €75,493 | €79,525 | €110,732 | €115,392 | €0 | - | - | - |
| Stocks30/36 | - | - | - | €115,392 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €99,037 | €87,204 | €149,333 | €90,026 | €60,497 | €41,190 | €51,039 | ▲ 23.9% |
| Trade receivables40 | - | - | - | €86,696 | €52,253 | €32,932 | €37,098 | ▲ 12.6% |
| Other amounts receivable41 | - | - | - | €3,330 | €8,244 | €8,258 | €13,942 | ▲ 68.8% |
| Cash at bank and in hand54/58 | €582 | €26,265 | €19,584 | €14,094 | €6,529 | €6,990 | €5,178 | ▼ 25.9% |
| Deferred charges and accrued income490/1 | - | - | - | €433 | €257 | €113 | €165 | ▲ 45.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €478,421 | €474,658 | €537,759 | €467,982 | €300,421 | €266,523 | €259,702 | ▼ 2.6% |
| Equity10/15 | €68,626 | €49,401 | €96,667 | €161,746 | €138,384 | €137,832 | €159,952 | ▲ 16.0% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €20,160 | €20,160 | €20,160 | €20,160 | €20,160 | €20,160 | €20,160 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €18,300 | €18,300 | €18,300 | €18,300 | = |
| Profit (loss) carried forward14 | €29,866 | €10,641 | €57,907 | €122,986 | €99,624 | €99,072 | €121,192 | ▲ 22.3% |
| Amounts payable17/49 | €409,795 | €425,257 | €441,092 | €306,235 | €162,037 | €128,691 | €99,750 | ▼ 22.5% |
| Amounts payable after more than one year17 | €65,109 | €33,985 | €0 | €6,450 | €12,937 | €8,856 | €4,691 | ▼ 47.0% |
| Financial debts170/4 | - | - | - | €6,450 | €12,937 | €8,856 | €4,691 | ▼ 47.0% |
| Amounts payable within one year42/48 | €344,436 | €391,272 | €441,092 | €299,785 | €149,101 | €119,835 | €95,058 | ▼ 20.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,550 | €3,997 | €4,080 | €4,165 | ▲ 2.1% |
| Financial debts43 | - | - | - | €22,986 | €0 | - | - | - |
| Credit institutions430/8 | - | - | - | €22,986 | €0 | - | - | - |
| Trade debts44 | €77,796 | €109,120 | €120,278 | €69,515 | €7,084 | €26,750 | €14,029 | ▼ 47.6% |
| Suppliers440/4 | - | - | - | €69,515 | €7,084 | €26,750 | €14,029 | ▼ 47.6% |
| Advances received on contracts in progress46 | - | - | - | €2,724 | €11,239 | €13,498 | €13,498 | = |
| Taxes, remuneration and social security45 | - | - | - | €187,458 | €93,709 | €37,723 | €26,143 | ▼ 30.7% |
| Taxes450/3 | - | - | - | €105,887 | €47,738 | €21,412 | €19,053 | ▼ 11.0% |
| Remuneration and social security454/9 | - | - | - | €81,570 | €45,971 | €16,311 | €7,090 | ▼ 56.5% |
| Other amounts payable47/48 | - | - | - | €15,553 | €33,071 | €37,784 | €37,224 | ▼ 1.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,831 | -€19,225 | €47,266 | €65,080 | -€23,376 | -€552 | €22,120 | - |
| + Depreciation and write-downs630 | €25,654 | €24,597 | €23,342 | €14,798 | €14,181 | €14,910 | €14,910 | = |
| Operating cash flow (approximation) | €36,485 | €5,372 | €70,608 | €79,878 | -€9,195 | €14,358 | €37,030 | ▲ 158% |
| Investment in fixed assets (approximation) | - | -€2,460 | €0 | -€5,486 | €717 | €0 | €0 | - |
| Change in cash | - | €25,684 | -€6,681 | -€5,490 | -€7,565 | €461 | -€1,812 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 18-12-2025 | 2025-00584040 |
| 31-12-2023 | micro format | 10-10-2024 | 2024-00504934 |
| 31-12-2022 | micro format | 31-10-2023 | 2023-00505203 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20421696 |
| 31-12-2020 | micro format | 30-07-2021 | 2021-45000277 |
| 31-12-2019 | micro format | 29-07-2020 | 2020-38400561 |
| 31-12-2018 | micro format | 27-08-2019 | 2019-54800306 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-59500124 |
| 31-12-2016 | micro format | 29-06-2017 | 2017-24200126 |
| 31-12-2015 | full format | 26-08-2016 | 2016-49300057 |
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Of the 1,580 active companies whose main activity is other printing (NACE 18120), figures are known for 808. 615 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.