ORPHIMMO
ActiveSummary
ORPHIMMO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€219,326) and a net result of €4,797. Equity is shrinking by about 13% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Equity
- -€219,326
- Profit
- €4,797
Why 54raises riskCapped at 59: negative equityNegative equity -€219,326Profit of €4,797 (financial year 2025)lowers riskSize: total assets €377,224No main activity registeredShow the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 5% on solvency, 7% on liquidity, 50% on profitability and 55% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 50 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €42,344
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 89% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 1,379 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94.2% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,379 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,068 | €13,068 | €13,068 | €13,068 | €13,068 | €13,068 | €13,068 | €13,068 | = |
| Other operating charges640/8 | - | - | - | €1,768 | €1,864 | €2,044 | €1,881 | €1,874 | ▼ 0.4% |
| Non-recurring operating charges66A | - | - | - | - | - | €153,954 | - | - | - |
| Gross operating margin9900 | €23,482 | €22,981 | €25,799 | €20,272 | €19,805 | €13,840 | €57,323 | €19,769 | ▼ 65.5% |
| Operating profit (loss)9901 | €8,969 | €8,367 | €11,133 | €5,436 | €4,873 | -€155,226 | €42,374 | €4,827 | ▼ 88.6% |
| Financial income75/76B | - | - | - | €158 | - | - | - | - | - |
| Recurring financial income75 | - | €25 | - | €158 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €4,165 | €27 | €30 | €30 | €30 | = |
| Recurring financial charges65 | €7,951 | €22,676 | €4,083 | €4,165 | €27 | €30 | €30 | €30 | = |
| Profit (loss) for the period before taxes9903 | €1,018 | -€14,283 | €7,049 | €1,430 | €4,846 | -€155,256 | €42,344 | €4,797 | ▼ 88.7% |
| Income taxes67/77 | - | €4 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €1,018 | -€14,287 | €7,049 | €1,430 | €4,846 | -€155,256 | €42,344 | €4,797 | ▼ 88.7% |
| Profit (loss) for the period to be appropriated9905 | €1,018 | -€14,287 | €7,049 | €1,430 | €4,846 | -€155,256 | €42,344 | €4,797 | ▼ 88.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €485,126 | €458,607 | €476,573 | €795,284 | €800,342 | €394,929 | €377,219 | €377,224 | = |
| Fixed assets21/28 | €452,627 | €439,559 | €426,491 | €413,423 | €400,355 | €387,287 | €374,219 | €361,151 | ▼ 3.5% |
| Tangible fixed assets22/27 | €451,524 | €438,456 | €425,388 | €412,320 | €399,252 | €386,184 | €373,116 | €360,048 | ▼ 3.5% |
| Land and buildings22 | - | - | - | €412,320 | €399,252 | €386,184 | €373,116 | €360,048 | ▼ 3.5% |
| Financial fixed assets28 | €1,103 | €1,103 | €1,103 | €1,103 | €1,103 | €1,103 | €1,103 | €1,103 | = |
| Current assets29/58 | €32,499 | €19,049 | €50,082 | €381,862 | €399,987 | €7,643 | €3,000 | €16,074 | ▲ 436% |
| Stocks and contracts in progress3 | - | - | - | €275,486 | €281,134 | - | - | - | - |
| Stocks30/36 | - | - | - | €275,486 | €281,134 | - | - | - | - |
| Amounts receivable within one year40/41 | €10 | - | - | €22,158 | €22,158 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €22,158 | €22,158 | - | - | - | - |
| Cash at bank and in hand54/58 | €32,489 | €19,049 | €50,082 | €73,618 | €96,695 | €7,643 | €3,000 | €16,074 | ▲ 436% |
| Deferred charges and accrued income490/1 | - | - | - | €10,600 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €485,126 | €458,607 | €476,573 | €795,284 | €800,342 | €394,929 | €377,219 | €377,224 | = |
| Equity10/15 | -€110,248 | -€124,535 | -€117,486 | -€116,057 | -€111,211 | -€266,467 | -€224,122 | -€219,326 | ▲ 2.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €41,860 | €41,860 | €41,860 | €41,860 | €41,860 | €41,860 | €41,860 | €41,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | -€170,708 | -€184,995 | -€177,946 | -€176,517 | -€171,671 | -€326,927 | -€284,582 | -€279,786 | ▲ 1.7% |
| Amounts payable17/49 | €595,374 | €583,143 | €594,059 | €911,341 | €911,553 | €661,396 | €601,341 | €596,550 | ▼ 0.8% |
| Amounts payable after more than one year17 | €374,042 | €208,219 | €208,219 | €208,219 | €208,219 | €208,219 | - | - | - |
| Financial debts170/4 | - | - | - | €208,219 | €208,219 | €208,219 | - | - | - |
| Amounts payable within one year42/48 | €221,332 | €374,924 | €378,983 | €703,122 | €703,334 | €453,177 | €601,341 | €596,550 | ▼ 0.8% |
| Trade debts44 | - | - | - | - | €212 | €55 | - | €6,050 | - |
| Suppliers440/4 | - | - | - | - | €212 | €55 | - | €6,050 | - |
| Other amounts payable47/48 | - | - | - | €703,122 | €703,122 | €453,122 | €601,341 | €590,500 | ▼ 1.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,018 | -€14,287 | €7,049 | €1,430 | €4,846 | -€155,256 | €42,344 | €4,797 | ▼ 88.7% |
| + Depreciation and write-downs630 | €13,068 | €13,068 | €13,068 | €13,068 | €13,068 | €13,068 | €13,068 | €13,068 | = |
| Operating cash flow (approximation) | €14,086 | -€1,219 | €20,117 | €14,498 | €17,914 | -€142,188 | €55,412 | €17,865 | ▼ 67.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€13,440 | €31,033 | €23,536 | €23,077 | -€89,052 | -€4,643 | €13,074 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 09-06-2026 | 2026-00153770 |
| 31-12-2024 | micro format | 10-06-2025 | 2025-00132943 |
| 31-12-2023 | micro format | 03-06-2024 | 2024-00108384 |
| 31-12-2022 | micro format | 05-06-2023 | 2023-00110258 |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20082674 |
| 31-12-2020 | micro format | 17-06-2021 | 2021-21200177 |
| 31-12-2019 | micro format | 10-06-2020 | 2020-16300187 |
| 31-12-2018 | micro format | 13-06-2019 | 2019-18300513 |
| 31-12-2017 | full format | 07-06-2018 | 2018-16400537 |
| 31-12-2016 | full format | 20-06-2017 | 2017-19200444 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| SERVAIS Fabricio |
|
Owners and capital
Capital and shareholders
- 29-01-2024 Converted to unavailable equity · €18,600
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
29-01
Gazette deed
Reappointment: SERVAIS Fabricio (director)Permanent representative: SERVAIS Fabricio · Capital conversion · Reserve release11 facts ▸
- General meeting, 20-12-2023
- Other provision, “conservation forme SRL et adaptation statuts au CSA, SRL” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “formes et majorités de la modification des statuts, suppression” (deed in French)
- Other provision, “distributions provenant du bénéfice de l’exercice en cours ou du bénéfice précédent, possibilité de distribution d’acomptes sur dividendes” (deed in French)
- Amendment of the articles
- Share issue, 100, “rémunération des apports” (deed in French)
- Director reappointment, SERVAIS Fabricio (director (not named in the articles))
- Permanent representative, SERVAIS Fabricio
- Registered office clause, “Chaussée de Roodebeeck 521,1200 Woluwe-Saint-Lambert” (deed in French)
- Power of attorney
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21673D0087/00W051 | Brussels | 480 m² | 1 · 226 m² | 13.4 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La constitution, la gestion, l'exploitation, la mise en valeur d'un patrimoine immobilier, et pour ce faire, l'aliénation, l'acquisition, la…” (deed in French)
8 activities (deed in French)
- La constitution, la gestion, l'exploitation, la mise en valeur d'un patrimoine immobilier, et pour ce faire, l'aliénation, l'acquisition, la location de tout bien ou droit réel immobilier
- L'entreprise générale de construction et de transformation, d'aménagement, de désaffectation d'immeuble bâtis ou à bâtir
- La gérance d'immeubles, la promotion immobilière, l'activité de marchand de biens immobiliers
- La constitution, la gestion, l'exploitation, la mise en valeur d'un patrimoine mobilier, en ce compris la prise de participations, sous quelque forme que ce soit, dans toutes sociétés belges ou étrangères, l'acquisition par voie d'achat, de souscription, d'échange ou de toute autre manière, ainsi que l'aliénation par vente, échange, ou de toute autre manière, d'actions, d'obligations, de bons et de valeurs mobilières de toutes espèces
- La participation à la création et au développement d'entreprises industrielles, commerciales, financières ou immobilières et l'apport de tout concours sous la forme jugée la plus appropriée, prêts, financement, garanties, participation au capital, etc
- Toute activité, sous forme de mandat ou d'entreprise, de gestion, d'administration, de liquidation, de direction et d'organisation. Elle pourra assurer la gestion journalière et la représentation dans les opérations relevant de cette gestion, des affaires
- Toute participation à l'administration, à la surveillance, au contrôle interne, à l'assistance et au conseil fiscal, juridique et financier des sociétés et entreprises dans lesquelles elle est intéressée
- L'activité d'intermédiaire et/ou de conseil, sous quelque forme que ce soit, dans les matières industrielles, commerciales, financières, immobilières, juridiques, fiscales et autres, évoquées dans le présent objet
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ORPHIMMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger par simple…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, personnes physiques ou morales,actionnaires ou non” (deed in French)“Frais de représentation,voyages et déplacements, portée aux frais généraux” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Copie de l'offre en annexe, caduc si préemption non exercée pour totalité” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, courrier électronique, ou courrier ordinaire même jour si pas d’adresse électronique” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, dissolution” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et moment, liquidateurs” (deed in French)