ORMANDO IMMO
ActiveThe file of ORMANDO IMMO contains 6 judicial reorganisations, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 4.7% (elevated). The 2025 annual accounts show negative equity (€-87k) and a net result of €-27k. Equity is shrinking by ~42.7% per year across the filed fiscal years. Its solvency ranks better than 8% of 4539 sector peers (fiscal year 2025).
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-54
Solvency12▼-9
Growth58=
Track record60
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.87 against 3.14 in 2024; short-term debt: 19.6% and cash: 1.2% of total assets), but equity is negative.
Credit check 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-12.8%
Return on assets
-4%
Age of the figures
15 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-87k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 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
5 d late
2024
278 d late
2023
on the day
2022
16 d late
2021
193 d late
2020
87 d early
2019
39 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-27k▼ 268%
2024 · €-7k
2019: €-138k
2020: €-121k
2021: €477k
2022: €47k
2023: €-35k
2024: €-7k
2019 → 2025
Working capital
€514k▼ 37.0%
2024 · €816k
2019: €1.00M
2020: €899k
2021: €1.39M
2022: €1.24M
2023: €1.28M
2024: €816k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-60k-€-13k▲ 78.8%€-47k▼ 270%€-55k▼ 15.6%€-87k▼ 58.6%
Operating result€477k-€48k▼ 90.0%€-35k€165k€-27k
Net result€477k-€47k▼ 90.1%€-35k€-7k▲ 78.7%€-27k▼ 268%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €27k after €165k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €677k
Fixed assets
€30k ▼ 3.2%
Current assets
€647k ▼ 46.0%
Key figures and ratios
EBITDA
€-24k▼
2024 · €169k
Cash flow
€-23k▼
2024 · €-4k
Solvency
-12.8%▼
2024 · -4.5%
Current ratio
4.87▲
2024 · 3.14
Quick ratio
2.61▲
2024 · 1.11
Debt to equity
-8.80▲
2024 · -20.70
ROA
-4.0%▼
2024 · -0.6%
Interest coverage
-285.78▼
2024 · 32.54
Debt
€764k▼
2024 · €1.13M
Debt ≤ 1 year
€133k▼
2024 · €382k
Debt > 1 year
€631k▼
2024 · €751k
Income taxes
€133▼
2024 · €168k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.23M€677k▼
Fixed assets21/28€31k€30k▼
Tangible fixed assets22/27€31k€30k▼
Land and buildings22€27k€26k▼
Furniture and vehicles24€4k€4k▲
Current assets29/58€1.20M€647k▼
Stocks and contracts in progress3€775k€300k▼
Stocks30/36€775k€300k▼
Amounts receivable within one year40/41€324k€321k▼
Trade receivables40€67k€272k▲
Other amounts receivable41€257k€49k▼
Cash at bank and in hand54/58€98k€8k▼
Deferred charges and accrued income490/1€990€18k▲
Equity and liabilities
Total equity and liabilities10/49€1.23M€677k▼
Equity10/15€-55k€-87k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Profit (loss) carried forward14€-73k€-105k▼
Provisions and deferred taxes16€151k-
Provisions for liabilities and charges160/5€151k-
Taxes161€151k-
Amounts payable17/49€1.13M€764k▼
Amounts payable after more than one year17€751k€631k▼
Other amounts payable178/9€751k€631k▼
Amounts payable within one year42/48€382k€133k▼
Trade debts44€315k€131k▼
Suppliers440/4€315k€131k▼
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€32k€78▼
Taxes450/3€32k€78▼
Other amounts payable47/48€33k-
Income statement
Code20242025
Non-recurring operating income76A€300-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€8k▲
Non-recurring operating charges66A€34-
Gross operating margin9900€171k€-16k▼
Operating profit (loss)9901€165k€-27k▼
Financial income75/76B€813€447▼
Recurring financial income75€813€447▼
Financial charges65/66B€5k€83▼
Recurring financial charges65€5k€83▼
Profit (loss) for the period before taxes9903€161k€-27k▼
Income taxes67/77€168k€133▼
Profit (loss) for the period9904€-7k€-27k▼
Profit (loss) for the period to be appropriated9905€-7k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-73k€-105k▼
Profit (loss) brought forward from the previous period14P€-66k€-78k▼
The notes to these accounts (5 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
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 5 days late
2025
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 278 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 16 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 193 days late
2021
30-06
Financial
Back to profitnet €477k
Net result €477k after 2 loss-making years.
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
04-08
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise du Hainaut · 20190001 · event 28-07-2020
11-05
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collectif · event 20-04-2020
10-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
06-02
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collectif · event 13-01-2020
2019
25-11
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collectif · event 18-11-2019
Show earlier events
18-07
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collectif · event 09-07-2019
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 82 days late
11-02
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · collectif · event 04-02-2019
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 250 days late
2017
20-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 48 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Boussu · 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 Dour(B-C) 1947300 BoussuGround area
5,876 m²
Building footprint
150 m²
Volume, LiDAR
373 m³
Parcel 53014B0267/00T003, Wallonia · tallest building 3.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Ormando Immo
since 20082.365.041.330
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53014B0267/00T003 | Wallonia | 5,876 m² | 1 · 150 m² | 3.2 m · 1 fl. |
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.
Similar companies · same sector, comparable size
ROEMI
BE 0744.374.733
Zoersel · Eq €22,737
MATA IMMO
BE 0782.710.420
Namur · Eq €22,775
"W.M.L. Invest"
BE 0695.657.571
Mons · Eq €22,786
RobeJacq SRL
BE 1021.803.542
Soignies · Eq €22,589
FARUS
BE 0783.259.657
Gent · Eq €22,848
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 2,387 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 (pre-2019)
Founded10-04-2008
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:ormandosergio@gmail.com
Phone:+32487367641