ORIZON
ActiveORIZON has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €13k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 70% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+4
Solvency92▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.41 in 2024; short-term debt: 32.7% and cash: 9.3% of total assets), and 32.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
67.3%
Return on assets
13.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
26 d late
2023
26 d early
2022
2 d early
2021
2 d late
2020
16 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▲ 25.9%
2024 · €50k
2019: €33k
2020: €33k
2021: €55k
2022: €45k
2023: €43k
2024: €50k
2019 → 2025
Total assets
€94k▲ 29.9%
2024 · €72k
2019: €74k
2020: €62k
2021: €62k
2022: €56k
2023: €64k
2024: €72k
2019 → 2025
Net result
€13k▲ 73.5%
2024 · €7k
2019: €3k
2020: €-165
2021: €22k
2022: €-10k
2023: €-2k
2024: €7k
2019 → 2025
Working capital
€49k▲ 56.5%
2024 · €31k
2019: €31k
2020: €29k
2021: €52k
2022: €45k
2023: €42k
2024: €31k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€45k▼ 18.4%€43k▼ 5.3%€50k▲ 17.5%€63k▲ 25.9%
Operating result€23k-€-10k€-2k▲ 78.1%€8k€13k▲ 64.3%
Net result€22k-€-10k€-2k▲ 76.7%€7k€13k▲ 73.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 64% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€14k▼ 24.0%
Current assets
€79k▲ 49.2%
Equity and liabilities €94k
Equity
€63k▲ 25.9%
Debt
€31k▲ 39.0%
The debt ratio rises from 30.6% to 32.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▲
2024 · €14k
Cash flow
€18k▲
2024 · €13k
Solvency
67.3%▼
2024 · 69.4%
Current ratio
2.58▲
2024 · 2.41
Quick ratio
1.32▲
2024 · 0.90
Debt / equity
0.49▲
2024 · 0.44
ROE
20.6%▲
2024 · 14.9%
ROA
13.8%▲
2024 · 10.4%
Interest coverage
58.30▲
2024 · 38.83
Debt
€31k▲
2024 · €22k
Debt ≤ 1 year
€31k▲
2024 · €22k
Staff costs
€13k▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€72k€94k▲
Fixed assets21/28€19k€14k▼
Tangible fixed assets22/27€19k€14k▼
Furniture and vehicles24€19k€14k▼
Financial fixed assets28€148€148=
Current assets29/58€53k€79k▲
Stocks and contracts in progress3€33k€39k▲
Stocks30/36€33k€39k▲
Amounts receivable within one year40/41€12k€32k▲
Trade receivables40€12k€32k▲
Other amounts receivable41€2-
Cash at bank and in hand54/58€7k€9k▲
Deferred charges and accrued income490/1€969-
Equity and liabilities
Total equity and liabilities10/49€72k€94k▲
Equity10/15€50k€63k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€14k€14k=
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Tax-exempt reserves132€12k€12k=
Distributable reserves133-€2k
Profit (loss) carried forward14€18k€31k▲
Amounts payable17/49€22k€31k▲
Amounts payable within one year42/48€22k€31k▲
Trade debts44€10k€18k▲
Suppliers440/4€10k€18k▲
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€4k€2k▼
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€5k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€21k€13k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€1k€651▼
Non-recurring operating charges66A€241-
Gross operating margin9900€36k€31k▼
Operating profit (loss)9901€8k€13k▲
Financial income75/76B€5€420▲
Recurring financial income75€5€420▲
Financial charges65/66B€349€299▼
Recurring financial charges65€349€299▼
Profit (loss) for the period before taxes9903€7k€13k▲
Profit (loss) for the period9904€7k€13k▲
Profit (loss) for the period to be appropriated9905€7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€31k▲
Profit (loss) brought forward from the previous period14P€10k€18k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
29-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €-10k ▼145%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
31-03
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-03
Financial
Liquidity quadruplescurrent ratio 8.45
Current ratio from 2.06 to 8.45; short-term debt falls from €27k to €7k.
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2017
10-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
18-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Binche · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Robiano(BIN) 67130 BincheGround area
49 m²
Building footprint
40 m²
Parcel 56011B0404/00C002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Bijouterie Martinez
since 20082.168.061.252
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56011B0404/00C002 | Wallonia | 49 m² | 1 · 40 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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L'ATELIER JOAILLIER
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VAN ESSER BROS
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Of 567 companies in sector 46480 we hold annual accounts for 353. 255 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2008
Fiscal year end31-12
Activities, NACEBEL
46480Wholesale trade
47770Retail sale of watches and jewellery
46498Wholesale trade
46861Wholesale of diamonds and other precious stones
47715Retail trade
47784Retail sale of souvenirs and religious articles
47786Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.