Financials
- Fiscal year
- 2024
- Total assets
- €185,306
- Profit
- €23,293
- Solvency
- 18.9%
Total assets▲ 33.1%
Net result
20192024
ORNICOM
ActiveSummary
The computed 12-month bankruptcy probability of ORNICOM is 2.5% (moderate). The 2024 annual accounts show equity of €35,109 and a net result of €23,293. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 36370 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
General electrical installation work
NACE 43211
1 site
How big
€185,306total assets 2024
- Equity
- €35,109
- Profit
- €23,293
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 2 deeds read
Why 52- Limited track record- Higher-failure-rate sector- Annual accounts: weaker financial profile- Higher-failure-rate region- Weak solvency vs sector+ Growing equityFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+8
Solvency44▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.09 in 2023; short-term debt: 80.8% and cash: 11.4% of total assets), and 81.1% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
18.9%
Return on assets
12.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 36370 sector peers (2024).
NBB · sector comparisonPosition among 36370 sector peers
Solvency
better than 21%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €35,109
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
106 d late
2022
136 d late
2021
121 d late
2020
61 d late
2019
115 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 94 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2019net €23,293 ▲176%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 10
- Since
- 2020
- 25-08-2025Annual accounts filed
- 31-12-2024Highest result since 2019
- 14-11-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 27-03-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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