ORNIPA
The computed 12-month bankruptcy probability of ORNIPA is 0.7% (low). The 2024 annual accounts show equity of €175k and a net result of €11k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 11087 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €175k |
| Net result | €11k |
| Staff (FTE) | 1.2 |
| Better than sector | 87% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 74.1% | 40.9% | |
| Net result | €11k | €11k | |
| Equity | €175k | €34k | |
| Gross operating margin | €104k | €35k | |
| Staff costs | €81k | €25k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €19k |
| Net profit | €11k |
| Cash flow | €16k |
| Staff costs | €81k |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €236k |
| Equity | €175k |
| Debt | €61k |
| of which ≤ 1y | €54k |
| of which > 1y | €7k |
| Working capital | €139k |
| Employees (FTE) | 1.2 |
| 2024 | |
|---|---|
| Current ratio | 3.55 |
| Quick ratio | 2.45 |
| Working capital ratio | 58.7% |
| Solvency | 74.1% |
| Debt / equity | 0.35 |
| Long-term debt ratio | 0.04 |
| Interest coverage | 34.15 |
| Gross margin | - |
| Net margin | - |
| ROA | 4.7% |
| ROE | 6.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €236k |
| Fixed assets | 21/28 | €43k |
| Tangible fixed assets | 22/27 | €43k |
| Current assets | 29/58 | €193k |
| Stocks & contracts in progress | 3 | €60k |
| Amounts receivable within one year | 40/41 | €87k |
| Cash & bank | 54/58 | €43k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €236k |
| Equity | 10/15 | €175k |
| Reserves | 13 | €20k |
| Accumulated profits (losses) | 14 | €155k |
| Amounts payable | 17/49 | €61k |
| Amounts payable after one year | 17 | €7k |
| Amounts payable within one year | 42/48 | €54k |
| Trade debts payable within one year | 44 | €44k |
| Income statement | ||
| Gross operating margin | 9900 | €104k |
| Operating result | 9901 | €15k |
| Financial charges | 65 | €567 |
| Result before taxes | 9903 | €14k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €11k |
| Result to be appropriated | 9905 | €11k |
-
Current20-12-2023 → present
Former directors (2)
-
Former04-08-2016 → 31-03-2021
2 events
- 31-03-2021 Resigned· Manager
- 04-08-2016 Appointed· Director
-
Former- → 14-12-2015
| NACE primary | Specialised construction(43332) |
| Legal form | Private limited company(610) |
| Incorporation | 23-12-1997 |
| Status | Active |
| Postal code | 2600 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0032/00S015 | Flanders | 228 m² | 1 · 89 m² | 10.3 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-06-2026 General meeting · Officer appointment · Mandate compensation · Share transfer
- Filing: 2026-06-11 · ORNIPA
- General meeting: 2026-05-11 · ORNIPA
- Officer appointment: date: 2026-05-11, role: bestuurder · Sahbaz Oguzhan
- Mandate compensation: onbezoldigd · Sahbaz Oguzhan
- Share transfer: shares: 50, company: ORNIPA · Sahbaz Nejat
- Publication: 2026-06-11
- Act object: Benoeming bestuurder - Overdracht aandelen
Technical details
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}20-12-2023 SAHBAZ Nejat reappointed as director
- SAHBAZ Nejat, Bestuurder
Technical details
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}07-04-2021 Sahbaz Burak resigns as manager
- Sahbaz Burak, Zaakvoerder
Technical details
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}22-08-2016 SAHBAZ Burak appointed as director
- SAHBAZ Burak, Bestuurder
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}29-12-2015 Registered office moved from Borgerhout to Berchem
- Turnhoutsebaan 257, 2140 Borgerhout → Neptunusstraat 68, 2600 Berchem
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ORNIPA |