Private limited company · founded 2020 · 6 yrs activeEmmanuel Mounierlaan 2, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0748.658.173
Summary
Orizio is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €47.3m and a net result of €1.7m. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 26% of 2817 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Outside the general model
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
What stands out about this company, good and bad, with the fact behind it. Red signals deserve attention before you grant an order or credit.
1 signal. The signal on the left, the evidence on the right.
○neutral
○
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
○
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
Orizio was incorporated on 17 June 2020 as a Private limited company.1Since 2025, SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT has served as director of the company.2Total assets rose from EUR 142 million in 2021 to EUR 159 million in 2024.3
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 64, Financial service activities, except insurance and pension funding, 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
Net result€517,858within the sector's middle half-€993,256above the sector's middle half▲ 91.8%€1.4mabove the sector's middle half▲ 43.8%€1.7mabove the sector's middle half▲ 17.2%
Equity€43.2mabove the sector's middle half-€44.2mabove the sector's middle half▲ 2.3%€45.6mabove the sector's middle half▲ 3.2%€47.3mabove the sector's middle half▲ 3.7%
Total assets€141.7mabove the sector's middle half-€143.7mabove the sector's middle half▲ 1.4%€163.4mabove the sector's middle half▲ 13.7%€159.4mabove the sector's middle half▼ 2.4%
Working capital€32.0mabove the sector's middle half-€33.2mabove the sector's middle half▲ 3.6%€42.1mabove the sector's middle half▲ 26.9%€44.8mabove the sector's middle half▲ 6.5%
Solvency30.5%within the sector's middle half-30.7%within the sector's middle half▲ 0.3pp27.9%within the sector's middle half▼ 2.8pp29.6%within the sector's middle half▲ 1.7pp
Current ratio57.05above the sector's middle half-25.42above the sector's middle half▼ 31.625.89above the sector's middle half▼ 19.5327.13above the sector's middle half▲ 21.24
Return on assets (ROA)0.4%within the sector's middle half-0.7%within the sector's middle half▲ 0.3pp0.9%within the sector's middle half▲ 0.2pp1.1%within the sector's middle half▲ 0.2pp
abovewithinbelowthe middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 9% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €159.4m
70.8%
29.2%
Fixed assets€112.9m ▲ 0.2%
Current assets€46.5m ▼ 8.2%
Equity and liabilities €159.4m
29.6%
70.4%
Equity€47.3m ▲ 3.7%
Debt€112.2m ▼ 4.8%
Debt's share of the balance-sheet total falls from 72.1% to 70.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
ROE
3.5%▲
2023 · 3.1%
Debt ≤ 1 year
€1.7m▼
2023 · €8.6m
Debt > 1 year
€108.6m=
2023 · €108.6m
Income taxes
€626,554▲
2023 · €508,987
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accountsAs filed with the NBB · 2024 against 2023 · 54 lines
Balance sheetCode20232024
Assets
Total assets20/58€163.4m€159.4m▼
Fixed assets21/28€112.7m€112.9m▲
Financial fixed assets28€112.7m€112.9m▲
Affiliated companies280/1€112.7m€112.9m▲
Participating interests280€109.2m€109.4m▲
Amounts receivable281€3.5m€3.5m=
Current assets29/58€50.7m€46.5m▼
Amounts receivable within one year40/41€37.5m€42.9m▲
Trade receivables40€3.9m€2.9m▼
Other amounts receivable41€33.6m€40.0m▲
Cash at bank and in hand54/58€13.2m€3.6m▼
Deferred charges and accrued income490/1€14,981€14,981=
Equity and liabilities
Total equity and liabilities10/49€163.4m€159.4m▼
Equity10/15€45.6m€47.3m▲
Contributions10/11€42.6m€42.6m=
Capital10€42.6m€42.6m=
Issued capital100€42.6m€42.6m=
Reserves13€146,981€230,722▲
Non-distributable reserves130/1€146,981€230,722▲
Legal reserve130€146,981€230,722▲
Profit (loss) carried forward14€2.8m€4.4m▲
Amounts payable17/49€117.8m€112.2m▼
Amounts payable after more than one year17€108.6m€108.6m=
Financial debts170/4€108.6m€108.6m=
Other loans174€108.6m€108.6m=
Amounts payable within one year42/48€8.6m€1.7m▼
Trade debts44€564,928€304,973▼
Suppliers440/4€564,928€304,973▼
Taxes, remuneration and social security45€941,278€1.2m▲
Taxes450/3€941,278€1.2m▲
Other amounts payable47/48€7.1m€218,754▼
Accrued charges and deferred income492/3€627,547€1.9m▲
Income statementCode20232024
Operating income70/76A€2.4m€2.7m▲
Other operating income74€2.4m€2.7m▲
Operating charges60/66A€169,597€280,433▲
Services and other goods61€169,597€280,433▲
Operating profit (loss)9901€2.2m€2.4m▲
Financial income75/76B€869,220€1.7m▲
Recurring financial income75€869,220€1.7m▲
Income from current assets751€869,220€1.7m▲
Financial charges65/66B€1.2m€1.9m▲
Recurring financial charges65€1.2m€1.9m▲
Debt charges650€1.2m€1.9m▲
Other financial charges652/9€433€316▼
Profit (loss) for the period before taxes9903€1.9m€2.3m▲
Income taxes67/77€508,987€626,554▲
Taxes670/3€520,216€628,598▲
Tax adjustments and reversals of tax provisions77€11,229€2,045▼
Profit (loss) for the period9904€1.4m€1.7m▲
Profit (loss) for the period to be appropriated9905€1.4m€1.7m▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.9m€4.5m▲
Profit (loss) brought forward from the previous period14P€1.4m€2.8m▲
Transfer to equity691/2€71,426€83,741▲
To the legal reserve6920€71,426€83,741▲
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
Change
Operating income70/76A
€3.0m
€2.1m
€2.4m
€2.7m
▲ 13.3%
Other operating income74
€3.0m
€2.1m
€2.4m
€2.7m
▲ 13.3%
Operating charges60/66A
€1.4m
€195,258
€169,597
€280,433
▲ 65.4%
Services and other goods61
€1.4m
€194,737
€169,597
€280,433
▲ 65.4%
Other operating charges640/8
-
€521
-
-
-
Operating profit (loss)9901
€1.6m
€1.9m
€2.2m
€2.4m
▲ 9.4%
Financial income75/76B
€40,878
€166,587
€869,220
€1.7m
▲ 100%
Recurring financial income75
€40,878
€166,587
€869,220
€1.7m
▲ 100%
Income from current assets751
€40,878
€166,587
€869,220
€1.7m
▲ 100%
Financial charges65/66B
€944,602
€716,657
€1.2m
€1.9m
▲ 61.4%
Recurring financial charges65
€944,602
€716,657
€1.2m
€1.9m
▲ 61.4%
Debt charges650
€937,732
€716,308
€1.2m
€1.9m
▲ 61.4%
Other financial charges652/9
€6,870
€349
€433
€316
▼ 26.9%
Profit (loss) for the period before taxes9903
€721,858
€1.4m
€1.9m
€2.3m
▲ 18.8%
Income taxes67/77
€204,000
€361,569
€508,987
€626,554
▲ 23.1%
Taxes670/3
€204,000
€361,569
€520,216
€628,598
▲ 20.8%
Tax adjustments and reversals of tax provisions77
-
-
€11,229
€2,045
▼ 81.8%
Profit (loss) for the period9904
€517,858
€993,256
€1.4m
€1.7m
▲ 17.2%
Profit (loss) for the period to be appropriated9905
€517,858
€993,256
€1.4m
€1.7m
▲ 17.2%
Line
2021
2022
2023
2024
Change
Assets
Total assets20/58
€141.7m
€143.7m
€163.4m
€159.4m
▼ 2.4%
Fixed assets21/28
€109.2m
€109.2m
€112.7m
€112.9m
▲ 0.2%
Financial fixed assets28
€109.2m
€109.2m
€112.7m
€112.9m
▲ 0.2%
Affiliated companies280/1
€109.2m
€109.2m
€112.7m
€112.9m
▲ 0.2%
Participating interests280
€109.2m
€109.2m
€109.2m
€109.4m
▲ 0.2%
Amounts receivable281
-
-
€3.5m
€3.5m
=
Current assets29/58
€32.6m
€34.5m
€50.7m
€46.5m
▼ 8.2%
Amounts receivable within one year40/41
€7.3m
€14.5m
€37.5m
€42.9m
▲ 14.5%
Trade receivables40
€2.6m
€3.5m
€3.9m
€2.9m
▼ 24.9%
Other amounts receivable41
€4.7m
€10.9m
€33.6m
€40.0m
▲ 19.1%
Cash at bank and in hand54/58
€25.3m
€20.0m
€13.2m
€3.6m
▼ 73.0%
Deferred charges and accrued income490/1
€14,976
€14,981
€14,981
€14,981
=
Equity and liabilities
Total equity and liabilities10/49
€141.7m
€143.7m
€163.4m
€159.4m
▼ 2.4%
Equity10/15
€43.2m
€44.2m
€45.6m
€47.3m
▲ 3.7%
Contributions10/11
€42.6m
€42.6m
€42.6m
€42.6m
=
Capital10
€42.6m
€42.6m
€42.6m
€42.6m
=
Issued capital100
€42.6m
€42.6m
€42.6m
€42.6m
=
Reserves13
€25,893
€75,556
€146,981
€230,722
▲ 57.0%
Non-distributable reserves130/1
€25,893
€75,556
€146,981
€230,722
▲ 57.0%
Legal reserve130
€25,893
€75,556
€146,981
€230,722
▲ 57.0%
Profit (loss) carried forward14
€491,965
€1.4m
€2.8m
€4.4m
▲ 57.0%
Amounts payable17/49
€98.6m
€99.5m
€117.8m
€112.2m
▼ 4.8%
Amounts payable after more than one year17
€98.0m
€98.0m
€108.6m
€108.6m
=
Financial debts170/4
€98.0m
€98.0m
€108.6m
€108.6m
=
Other loans174
€98.0m
€98.0m
€108.6m
€108.6m
=
Amounts payable within one year42/48
€571,171
€1.4m
€8.6m
€1.7m
▼ 80.1%
Trade debts44
€367,171
€382,647
€564,928
€304,973
▼ 46.0%
Suppliers440/4
€367,171
€382,647
€564,928
€304,973
▼ 46.0%
Taxes, remuneration and social security45
€204,000
€974,999
€941,278
€1.2m
▲ 26.5%
Taxes450/3
€204,000
€974,999
€941,278
€1.2m
▲ 26.5%
Other amounts payable47/48
-
-
€7.1m
€218,754
▼ 96.9%
Accrued charges and deferred income492/3
€0
€153,333
€627,547
€1.9m
▲ 201%
Line
2021
2022
2023
2024
Change
Profit (loss) for the period9904
€517,858
€993,256
€1.4m
€1.7m
▲ 17.2%
Operating cash flow (approximation)
€517,858
€993,256
€1.4m
€1.7m
▲ 17.2%
Investment in fixed assets (approximation)
-
€0
-€3.6m
-€218,754
▲ 93.9%
Change in cash
-
-€5.2m
-€6.9m
-€9.6m
▼ 40.3%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Appointment: Société Fédérale de Participations et d'Investissement SA (director) · Permanent representatives: Tom Feys, Stéphane Burton and Olivier Henin6 facts ▸
General meeting, 31/12/2025
Director resignation, Tom Feys (director)
Director appointment, Société Fédérale de Participations et d'Investissement SA (director)
Permanent representative, Tom Feys
Permanent representative, Stéphane Burton
Permanent representative, Olivier Henin
2025
22-12
NBB filingAnnual accounts filed
fiscal year 2024 · consolidated · 42 days late
11-09
NBB filingAnnual accounts filed
fiscal year 2024 · full schema · 42 days late
2024
31-12
FinancialHighest result since 2021net €1.7m ▲17.2%
Operating result €2.4m, net result €1.7m, both a record.
31-12
FinancialLiquidity times 5current ratio 27.13
Current ratio from 5.89 to 27.13; short-term debt falls from €8.6m to €1.7m.
13-12
NBB filingAnnual accounts filed
fiscal year 2023 · consolidated
17-07
NBB filingAnnual accounts filed
fiscal year 2023 · full schema
2023
08-09
NBB filingAnnual accounts filed
fiscal year 2022 · consolidated
31-07
NBB filingAnnual accounts filed
fiscal year 2022 · full schema
2022
07-09
NBB filingAnnual accounts filed
fiscal year 2021 · consolidated
15-07
NBB filingAnnual accounts filed
fiscal year 2021 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 15 acts read
About the unread acts
Of the 15 Belgian State Gazette acts we know for this company, 2 have been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
Director · since 31-12-2025 · Public limited company · perm. rep.: Tom Feys
Current
Permanent representatives 1
FT
Tom Feys
Permanent representative · since 31-12-2025 · for SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
13 of this company's 15 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
ProtectedSite or landscape · MonumentDe weiden van Hof ter MusschenSource ↗
Brussels
1.2 ha
1 · 1,028 m²
12.7 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
2 owners · 4 holdings · 19 subsidiaries in the tree
According to the 2024 annual accounts of Orizio and those 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
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
34 connected companies
Depth
Shared directorsBundled connections
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 24,721 companies in this sector we hold annual accounts for 19,804. 2,810 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPrivate limited company
Founded17-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID0208:0748658173
Also9925:BE0748658173
If you follow this company, Checked tells you the day it leaves the Peppol register.