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ORTAK

Active
Private limited companyfounded 20179 yrs activeSint-Bernardsesteenweg 348, 2020 Antwerpen, BelgiumKBO/BCE: BE 0675.421.490
Summary

The computed 12-month bankruptcy probability of ORTAK is 2.5% (moderate). The 2024 annual accounts show equity of €125,984 and a net result of €22,285. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 26033 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112Supermarkets NACE 47114
1 site
Size
€440,384total assets 2024
Staff
3.1 FTE
Equity
€125,984
Profit
€22,285
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2024
Bankruptcy chance 12 m
2.5%
Structure
Accounts 64 d overdue0 of 3 deeds read
Why 52- Figures for FY 2024 (filed 17-07-2025)- 1 financial year not filed after the legal deadline; 2 of the last 3 late- Liquidity: current ratio 1.49, cash €10,408+ Size: total assets €440,384Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 46% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency 54-4
equity 28.6% of total assets
Liquidity 25-12
short-term debt 54.8% · cash 2.4%
Profitability 61+21
return on assets 5.1%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,919 companies)
Last 24 months 11-2024: 3.2% 12-2024: 4.4%▲ +37.1% vs 11-2024 01-2025: 6.3%▲ +42.7% vs 12-2024 02-2025: 6.3%● 0.0% vs 01-2025 03-2025: 6.7%▲ +5.0% vs 02-2025highest value 04-2025: 5.1%▼ -22.7% vs 03-2025 05-2025: 5.1%▲ +0.2% vs 04-2025 06-2025: 4.5%▼ -12.2% vs 05-2025 07-2025: 4.5%▼ -0.3% vs 06-2025 08-2025: 1.2%▼ -74.2% vs 07-2025 09-2025: 1.1%▼ -5.9% vs 08-2025 10-2025: 1.1%● 0.0% vs 09-2025 11-2025: 1.1%● 0.0% vs 10-2025 12-2025: 1.1%● 0.0% vs 11-2025 01-2026: 1.1%▼ -1.9% vs 12-2025 02-2026: 1.1%▼ -0.1% vs 01-2026 03-2026: 1.1%▼ -1.4% vs 02-2026lowest value 04-2026: 1.1%▲ +0.8% vs 03-2026 05-2026: 1.2%▲ +8.5% vs 04-2026 06-2026: 1.1%▼ -3.2% vs 05-2026 07-2026: 1.1%▼ -0.5% vs 06-2026 08-2026: 1.5%▲ +37.6% vs 07-2026 09-2026: 1.7%▲ +8.2% vs 08-2026 10-2026: 2.5%▲ +52.2% vs 09-2026
  • Figures for FY 2024 (filed 17-07-2025) raises the probability
  • 1 financial year not filed after the legal deadline; 2 of the last 3 late raises the probability
  • Size: total assets €440,384 lowers the probability for this profile
  • Liquidity: current ratio 1.49, cash €10,408 raises the probability
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.78 in 2023; short-term debt: 54.8% and cash: 2.4% of total assets), and 71.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 44%, liquidity 22%, profitability 43%, growth against the median 74%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 17-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €440,384
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.49, cash €10,408
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
14 d early
2023
210 d late
2022
51 d late
2021
117 d late
2020
91 d late
2019
26 d late
← 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 80 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet €2,085 ▼86.5%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Positive: 7 profitable years in a rowprofit 2024: €22,285 7 years View
  • Among the largest 12% on gross marginsector median €31,219 · 25,957 companies €158,265 View

By topic

Financials

Fiscal year
2024
Total assets
€440,384
Profit
€22,285
Solvency
28.6%
Go to Financials

Timeline

Events
10
Since
2019
  1. 17-07-2025Annual accounts filed
  2. 26-02-2025Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
04-05-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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