ORT BELGIUM
The computed 12-month bankruptcy probability of ORT BELGIUM is 2.1% (moderate). The 2024 annual accounts show equity of €711k and a net result of €16k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 549 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €711k |
| Net result | €16k |
| Staff (FTE) | 3 |
| Better than sector | 54% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
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 | 34.6% | 31.0% | |
| Net result | €16k | €47k | |
| Equity | €711k | €468k | |
| Gross operating margin | €192k | €125k | |
| Staff costs | €174k | €494k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €16k |
| Net profit | €16k |
| Cash flow | €16k |
| Staff costs | €174k |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €2.05M |
| Equity | €711k |
| Debt | €1.34M |
| of which ≤ 1y | €1.34M |
| of which > 1y | - |
| Working capital | €710k |
| Employees (FTE) | 3.0 |
| 2024 | |
|---|---|
| Current ratio | 1.53 |
| Quick ratio | 1.53 |
| Working capital ratio | 34.6% |
| Solvency | 34.6% |
| Debt / equity | 1.89 |
| Long-term debt ratio | - |
| Interest coverage | 0.28 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.8% |
| ROE | 2.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.05M |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €974 |
| Financial fixed assets | 28 | €363 |
| Current assets | 29/58 | €2.05M |
| Stocks & contracts in progress | 3 | €4k |
| Amounts receivable within one year | 40/41 | €1.49M |
| Cash & bank | 54/58 | €557k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.05M |
| Equity | 10/15 | €711k |
| Contributions / capital | 10/11 | €548k |
| Reserves | 13 | €163k |
| Amounts payable | 17/49 | €1.34M |
| Amounts payable within one year | 42/48 | €1.34M |
| Trade debts payable within one year | 44 | €885k |
| Income statement | ||
| Gross operating margin | 9900 | €192k |
| Operating result | 9901 | €15k |
| Financial income | 75 | €66k |
| Financial charges | 65 | €57k |
| Result before taxes | 9903 | €24k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €16k |
| Result to be appropriated | 9905 | €16k |
-
SRL AVISORLegal entityDirector· perm. rep.: Bernard VANDENBORREState Gazette act 25069384 (02-06-2025)Current02-06-2025 → present
-
JD SERVICES & MANAGEMENTLegal entityDirector (executive)· perm. rep.: Johan DELRUEState Gazette act 23040671 (23-03-2023)Current23-03-2023 → present
| NACE primary | Groothandel in andere intermediaire producten, neg(46869) |
| Legal form | Private limited company(610) |
| Incorporation | 21-12-2020 |
| Status | Active |
| Postal code | 7600 |
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. |
|---|---|---|---|---|
| 12009E0422/00L000 | Flanders | 2.9 ha | 1 · 1,970 m² | 14.2 m · 4 fl. |
| 57064E0695/00T000 | Wallonia | 1,484 m² | 1 · 122 m² | 8.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-06-2025 Bernard VANDENBORRE appointed as director
- Bernard VANDENBORRE, Bestuurder
Technical details
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}05-12-2023 Discharge granted to the board
Technical details
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}23-03-2023 Johan DELRUE appointed as director (executive)
- Johan DELRUE, Directeur
Technical details
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"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide comme mandataire pour la publication au Moniteur Belge de cette d\u00E9cision la SRL SOCOFIDEX",
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}| Legal nameNL | ORT BELGIUM |