ORTA PROJECT
Open bankruptcyA bankruptcy procedure is open for ORTA PROJECT according to publications in the Belgian State Gazette; curator: CHARLOTTE SAS.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (-€36,680) and a net result of -€37,515.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 24 June 2025
- Supervising judge
- Joris Van den Bruel
- Official Gazette
- 30-06-2025 (pdf) ↗search the document for 2025/128420
Deadlines
- Provisional date payments stopped
- 24 June 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 15 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 24 July 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 30 July 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 24 June 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Charlotte SasWolstraat 70 Tweed Building, 1000 Brussel 1charlotte.sas@dlapiper.com
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d late
2021
23 d late
2020
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 38 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€36,680
2021 · €46,546
Total assets
€774,514▲ 239%
2021 · €228,299
Net result
-€37,515
2021 · €20,761
Working capital
-€59,167
2021 · €32,304
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202020212023
Operating result€30,066-€30,027▼ 0.1%-€25,260-
Net result€21,785-€20,761▼ 4.7%-€37,515-
Equity€25,785-€46,546▲ 80.5%-€36,680-
Total assets€190,904-€228,299▲ 19.6%€774,514-
Debt€165,119-€181,752▲ 10.1%€811,194-
Working capital€20,625-€32,304▲ 56.6%-€59,167-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€25,260 in 2023, compared with €30,027 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €774,514
Fixed assets
€22,487 ▲ 57.9%
Current assets
€752,027 ▲ 251%
Key figures and ratios
EBITDA
-€17,351▼
2021 · €37,045
Cash flow
-€29,607▼
2021 · €27,779
Solvency
-4.7%▼
2021 · 20.4%
Current ratio
0.93▼
2021 · 1.18
Debt to equity
-22.12▼
2021 · 3.90
ROA
-4.8%▼
2021 · 9.1%
Interest coverage
-2.24▼
2021 · 11.62
Debt ≤ 1 year
€811,194▲
2021 · €181,752
Income taxes
€5,076▼
2021 · €6,319
Staff costs
€361,615▲
2021 · €316,300
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €316,300 | €361,615 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,660 | €7,018 | €7,909 | - |
| Other operating charges640/8 | - | €6,870 | €6,785 | - |
| Non-recurring operating charges66A | - | - | €926 | - |
| Gross operating margin9900 | €188,340 | €360,215 | €351,976 | - |
| Operating profit (loss)9901 | €30,066 | €30,027 | -€25,260 | - |
| Financial income75/76B | - | €240 | €556 | - |
| Recurring financial income75 | - | €240 | €556 | - |
| Non-recurring financial income76B | - | €240 | €556 | - |
| Financial charges65/66B | - | €3,187 | €7,735 | - |
| Recurring financial charges65 | - | €3,187 | €7,735 | - |
| Non-recurring financial charges66B | - | €3,187 | €7,735 | - |
| Profit (loss) for the period before taxes9903 | €27,832 | €27,080 | -€32,439 | - |
| Income taxes67/77 | €6,047 | €6,319 | €5,076 | - |
| Profit (loss) for the period9904 | €21,785 | €20,761 | -€37,515 | - |
| Profit (loss) for the period to be appropriated9905 | €21,785 | €20,761 | -€37,515 | - |
| Line | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €190,904 | €228,299 | €774,514 | - |
| Fixed assets21/28 | €5,160 | €14,242 | €22,487 | - |
| Intangible fixed assets21 | - | - | €12,561 | - |
| Tangible fixed assets22/27 | €3,453 | €12,535 | €5,586 | - |
| Plant, machinery and equipment23 | - | - | €5,367 | - |
| Furniture and vehicles24 | - | €12,535 | €219 | - |
| Financial fixed assets28 | €1,707 | €1,707 | €4,340 | - |
| Current assets29/58 | €185,744 | €214,056 | €752,027 | - |
| Amounts receivable within one year40/41 | €165,768 | €183,048 | €726,283 | - |
| Trade receivables40 | - | €179,601 | €714,037 | - |
| Other amounts receivable41 | - | €3,448 | €12,247 | - |
| Cash at bank and in hand54/58 | €15,186 | €22,971 | €24,042 | - |
| Deferred charges and accrued income490/1 | - | €8,037 | €1,702 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €190,904 | €228,299 | €774,514 | - |
| Equity10/15 | €25,785 | €46,546 | -€36,680 | - |
| Contributions10/11 | - | €4,000 | €4,000 | - |
| Profit (loss) carried forward14 | €21,785 | €42,546 | -€40,680 | - |
| Amounts payable17/49 | €165,119 | €181,752 | €811,194 | - |
| Amounts payable within one year42/48 | €165,119 | €181,752 | €811,194 | - |
| Trade debts44 | €111,683 | €96,701 | €765,491 | - |
| Suppliers440/4 | - | €96,701 | €765,491 | - |
| Advances received on contracts in progress46 | - | - | €7,007 | - |
| Taxes, remuneration and social security45 | - | €85,051 | €38,696 | - |
| Taxes450/3 | - | €43,568 | €12,854 | - |
| Remuneration and social security454/9 | - | €41,483 | €25,842 | - |
| Line | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,785 | €20,761 | -€37,515 | - |
| + Depreciation and write-downs630 | €2,660 | €7,018 | €7,909 | - |
| Operating cash flow (approximation) | €24,445 | €27,779 | -€29,607 | - |
| Investment in fixed assets (approximation) | - | -€16,100 | - | - |
| Change in cash | - | €7,785 | - | - |
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
18-07
KBO administration
Address struck
30-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 24-06-2025
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet -€37,515
Net result drops to -€37,515, the lowest in the series.
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Asse
Ground area
369 m²
Building footprint
167 m²
Volume, LiDAR
876 m³
Parcel 23322E0103/00N000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
58
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0103/00N000 | Flanders | 369 m² | 1 · 167 m² | 10.1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE SAS WOLSTRAAT 70 TWEED BUILDING,
1000 BRUSSEL 1 |
24-06-2025 → present |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Identification & contact
Identification
Legal formPrivate limited company
Founded31-07-2019
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.