ORRIX MANAGEMENT
ActiveSummary
ORRIX MANAGEMENT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.6m and a net result of €1.5m. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 87% of 8112 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability51▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410,000 at 30 days acceptable
Liquidity ample (current ratio 38.04; short-term debt: 2.3% and cash: 2.9% of total assets), and 8.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.3%
Return on assets
24.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
92 d late
2022
53 d late
2021
19 d late
2020
22 d early
2019
8 d early
← 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 33 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#5 company by equity in Sint-Genesius-Rode, Professional and technical services sector#9 company by total assets in Sint-Genesius-Rode, Professional and technical services sector
Equity
€5.6m▲ 37.2%
2023 · €4.1m
Total assets
€6.1m▲ 36.3%
2023 · €4.5m
Net result
€1.5m▲ 932%
2023 · €146,664
Working capital
€5.2m▲ 41.5%
2023 · €3.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€198,730▲ 5.6%€156,893▼ 21.1%€200,208▲ 27.6%€40,981▼ 79.5%-€3,832
Net result€306,650above the sector's middle half▼ 68.4%€116,933above the sector's middle half▼ 61.9%€199,892above the sector's middle half▲ 70.9%€146,664above the sector's middle half▼ 26.6%€1.5mabove the sector's middle half▲ 932%
Equity€3.7mabove the sector's middle half▲ 8.4%€3.7mabove the sector's middle half▼ 0.5%€3.9mabove the sector's middle half▲ 5.4%€4.1mabove the sector's middle half▲ 3.7%€5.6mabove the sector's middle half▲ 37.2%
Total assets€4.2mabove the sector's middle half▼ 2.8%€4.1mabove the sector's middle half▼ 1.7%€4.3mabove the sector's middle half▲ 4.9%€4.5mabove the sector's middle half▲ 3.2%€6.1mabove the sector's middle half▲ 36.3%
Debt€86,106▼ 82.7%€30,910▼ 64.1%€32,956▲ 6.6%€26,244▼ 20.4%€141,121▲ 438%
Working capital€4.1mabove the sector's middle half▲ 6.8%€3.3mabove the sector's middle half▼ 17.4%€3.6mabove the sector's middle half▲ 6.3%€3.7mabove the sector's middle half▲ 3.7%€5.2mabove the sector's middle half▲ 41.5%
Solvency88.8%above the sector's middle half▲ 9.2pp89.9%above the sector's middle half▲ 1.1pp90.3%above the sector's middle half▲ 0.4pp90.8%above the sector's middle half▲ 0.5pp91.3%above the sector's middle half▲ 0.6pp
Current ratio48.09above the sector's middle half▲ 39.4838.04above the sector's middle half
Return on assets (ROA)7.3%within the sector's middle half▼ 15.1pp2.8%within the sector's middle half▼ 4.4pp4.6%within the sector's middle half▲ 1.8pp3.3%within the sector's middle half▼ 1.3pp24.7%above the sector's middle half▲ 21.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result +932% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3,832 after €40,981 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.1m
Fixed assets
€748,077 ▼ 2.6%
Current assets
€5.4m ▲ 44.3%
Equity and liabilities €6.1m
Equity
€5.6m ▲ 37.2%
Provisions
€388,000 =
Debt
€141,121 ▲ 438%
Debt's share of the balance-sheet total rises from 0.6% to 2.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16,130▼
2023 · €49,778
Cash flow
€1.5m▲
2023 · €155,462
Debt to equity
0.03▲
2023 · 0.01
ROE
27.1%▲
2023 · 3.6%
Interest coverage
0.20▼
2023 · 3.47
Debt ≤ 1 year
€141,121▲
2023 · €26,244
Income taxes
€151,639▲
2023 · €49,104
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.1%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 1,577 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,682 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,224 | €21,428 | €23,801 | €8,798 | €19,962 | ▲ 127% |
| Other operating charges640/8 | - | €14,215 | €9,229 | €9,543 | €9,657 | ▲ 1.2% |
| Gross operating margin9900 | €212,113 | €192,537 | €233,238 | €59,322 | €25,787 | ▼ 56.5% |
| Operating profit (loss)9901 | €198,730 | €156,893 | €200,208 | €40,981 | -€3,832 | ▼ 109% |
| Financial income75/76B | - | €11,531 | €87,063 | €169,153 | €1.8m | ▲ 935% |
| Recurring financial income75 | €205,775 | €11,531 | €87,063 | €169,153 | €1.8m | ▲ 935% |
| Financial charges65/66B | - | €7,383 | €19,658 | €14,366 | €81,925 | ▲ 470% |
| Recurring financial charges65 | €1,036 | €5,945 | €18,656 | €14,366 | €81,925 | ▲ 470% |
| Non-recurring financial charges66B | - | €1,438 | €1,001 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €382,745 | €161,041 | €267,614 | €195,768 | €1.7m | ▲ 751% |
| Income taxes67/77 | €76,095 | €44,108 | €67,722 | €49,104 | €151,639 | ▲ 209% |
| Profit (loss) for the period9904 | €306,650 | €116,933 | €199,892 | €146,664 | €1.5m | ▲ 932% |
| Profit (loss) for the period to be appropriated9905 | €306,650 | €116,933 | €199,892 | €146,664 | €1.5m | ▲ 932% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.2m | €4.1m | €4.3m | €4.5m | €6.1m | ▲ 36.3% |
| Fixed assets21/28 | €77,972 | €766,454 | €753,747 | €768,038 | €748,077 | ▼ 2.6% |
| Tangible fixed assets22/27 | €35,387 | €723,869 | €711,162 | €725,454 | €705,492 | ▼ 2.8% |
| Land and buildings22 | - | €722,077 | €710,466 | €724,882 | €705,438 | ▼ 2.7% |
| Plant, machinery and equipment23 | - | €1,515 | €697 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €572 | €54 | ▼ 90.6% |
| Other tangible fixed assets26 | - | €277 | - | - | - | - |
| Financial fixed assets28 | €42,585 | €42,585 | €42,585 | €42,585 | €42,585 | = |
| Current assets29/58 | €4.1m | €3.4m | €3.6m | €3.7m | €5.4m | ▲ 44.3% |
| Amounts receivable within one year40/41 | €162,305 | €3,958 | €36,450 | €15,649 | €132,454 | ▲ 746% |
| Trade receivables40 | - | €91 | €31,096 | €11,752 | €28,279 | ▲ 141% |
| Other amounts receivable41 | - | €3,867 | €5,354 | €3,897 | €104,175 | ▲ 2,573% |
| Current investments50/53 | €1.9m | €2.3m | €2.5m | €3.4m | €5.1m | ▲ 50.5% |
| Cash at bank and in hand54/58 | €2.0m | €1.1m | €1.1m | €343,253 | €177,138 | ▼ 48.4% |
| Deferred charges and accrued income490/1 | - | €1,119 | €1,083 | €1,165 | €1,113 | ▼ 4.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.2m | €4.1m | €4.3m | €4.5m | €6.1m | ▲ 36.3% |
| Equity10/15 | €3.7m | €3.7m | €3.9m | €4.1m | €5.6m | ▲ 37.2% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €3.7m | €3.7m | €3.9m | €4.1m | €5.6m | ▲ 37.3% |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Distributable reserves133 | - | €3.7m | €3.9m | €4.1m | €5.6m | ▲ 37.4% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | = |
| Provisions and deferred taxes16 | €388,000 | €388,000 | €388,000 | €388,000 | €388,000 | = |
| Provisions for liabilities and charges160/5 | - | €388,000 | €388,000 | €388,000 | €388,000 | = |
| Environmental obligations163 | - | €388,000 | €388,000 | €388,000 | €388,000 | = |
| Amounts payable17/49 | €86,106 | €30,910 | €32,956 | €26,244 | €141,121 | ▲ 438% |
| Amounts payable within one year42/48 | €86,106 | €30,670 | €32,875 | €26,244 | €141,121 | ▲ 438% |
| Current portion of amounts payable after more than one year42 | - | €10,042 | €8,367 | €0 | - | - |
| Trade debts44 | €1,307 | €348 | €2,564 | €5,296 | €8,767 | ▲ 65.5% |
| Suppliers440/4 | - | €348 | €2,564 | €5,296 | €8,767 | ▲ 65.5% |
| Advances received on contracts in progress46 | - | - | - | €7,500 | €22,500 | ▲ 200% |
| Taxes, remuneration and social security45 | - | €16,996 | €15,734 | €0 | €106,701 | - |
| Taxes450/3 | - | €16,996 | €15,734 | €0 | €106,701 | - |
| Other amounts payable47/48 | - | €3,283 | €6,209 | €13,448 | €3,154 | ▼ 76.5% |
| Accrued charges and deferred income492/3 | - | €240 | €81 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €306,650 | €116,933 | €199,892 | €146,664 | €1.5m | ▲ 932% |
| + Depreciation and write-downs630 | €2,224 | €21,428 | €23,801 | €8,798 | €19,962 | ▲ 127% |
| Operating cash flow (approximation) | €308,874 | €138,362 | €223,693 | €155,462 | €1.5m | ▲ 887% |
| Investment in fixed assets (approximation) | - | -€709,910 | -€11,094 | -€23,089 | €0 | ▲ 100% |
| Change in cash | - | -€881,623 | -€42,004 | -€733,537 | -€166,115 | ▲ 77.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €1.5m ▲932%
Net result €1.5m, the highest in the series.
31-12
Financial
Equity above €5mEq €5.6m ▲37.2%
7 profitable years in a row build equity to €5.6m.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 110.20
Current ratio from 48.09 to 110.20; short-term debt falls from €86,106 to €30,670.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 6current ratio 48.09
Current ratio from 8.61 to 48.09; short-term debt falls from €498,656 to €86,106.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Genesius-Rode · 1 establishment unit since 2002
Ground area
660 m²
Building footprint
202 m²
Volume, LiDAR
684 m³
Parcel 22004A0023/00C002, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Hoevestraat 27, 1640 Sint-Genesius-Rode
since 20022.095.480.013
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22004A0023/00C002 | Flanders | 660 m² | 1 · 202 m² | 4.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 2
-
17.77%
-
15%
According to the 2022 annual accounts of ORRIX MANAGEMENT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
54930012NL6F62HIY207
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 10,442 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-11-2001
Fiscal year end31-12
Abbreviation NL
ORRIX
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476019184
Also
9925:BE0476019184
Registered
12-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.