ORTE
ActiveSummary
ORTE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €434k and a net result of €235k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 4659 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+17
Solvency99▲+50
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 0.75 in 2024; short-term debt: 15.8% and cash: 17.6% of total assets), and 26.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.5%
Return on assets
39.9%
Age of the figures
15 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €434k
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-02-2026, 1 day late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
1 d late
2024
on the day
2023
on the day
2022
1 d early
2021
3 d early
2020
1 d early
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€347k
EBIT margin
77.4%
Net result
€235k▲ 156%
2024 · €92k
2019: €183k
2020: €68k▼ -62.8% vs 2019
2021: €55k▼ -19.6% vs 2020
2022: €59k▲ +8.1% vs 2021
2023: €32k▼ -46.2% vs 2022lowest in 7 years
2024: €92k▲ +189% vs 2023
2025: €235k▲ +156% vs 2024highest in 7 years
2019 → 2025
Working capital
€63k
2024 · €-57k
2019: €61k
2020: €104k▲ +69.4% vs 2019highest in 7 years
2021: €93k▼ -10.6% vs 2020
2022: €-27k▼ -128% vs 2021
2023: €-42k▼ -57.4% vs 2022
2024: €-57k▼ -36.6% vs 2023lowest in 7 years
2025: €63k▲ +211% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€337k-€215k▼ 36.2%€217k▲ 0.8%€199k▼ 8.4%€434k▲ 118%
2021: €337k
2022: €215k▼ -36.2% vs 2021
2023: €217k▲ +0.8% vs 2022
2024: €199k▼ -8.4% vs 2023lowest in 5 years
2025: €434k▲ +118% vs 2024highest in 5 years
Operating result€88k-€88k=€60k▼ 31.4%€151k▲ 152%€330k▲ 118%
2021: €88k
2022: €88k● +0.0% vs 2021
2023: €60k▼ -31.4% vs 2022lowest in 5 years
2024: €151k▲ +152% vs 2023
2025: €330k▲ +118% vs 2024highest in 5 years
Net result€55k-€59k▲ 8.1%€32k▼ 46.2%€92k▲ 189%€235k▲ 156%
2021: €55k
2022: €59k▲ +8.1% vs 2021
2023: €32k▼ -46.2% vs 2022lowest in 5 years
2024: €92k▲ +189% vs 2023
2025: €235k▲ +156% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 118% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €590k
Fixed assets
€433k ▼ 33.0%
Current assets
€157k ▼ 8.0%
Equity and liabilities €590k
Equity
€434k ▲ 118%
Provisions
€63k
Debt
€94k ▼ 84.9%
Debt's share of the balance-sheet total falls from 75.7% to 15.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€360k▲
2024 · €221k
Cash flow
€266k▲
2024 · €162k
Current ratio
1.68▲
2024 · 0.75
Debt to equity
0.22▼
2024 · 3.11
ROE
54.2%▲
2024 · 46.2%
ROA
39.9%▲
2024 · 11.2%
Interest coverage
23.08▲
2024 · 8.69
Debt ≤ 1 year
€94k▼
2024 · €228k
Income taxes
€19k▼
2024 · €38k
Staff costs
€12k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€817k€590k▼
Fixed assets21/28€646k€433k▼
Tangible fixed assets22/27€646k€433k▼
Land and buildings22€611k€375k▼
Plant, machinery and equipment23€20k€22k▲
Furniture and vehicles24€15k€36k▲
Financial fixed assets28€80€80=
Current assets29/58€171k€157k▼
Amounts receivable after more than one year29€138k€46k▼
Other amounts receivable291€138k€46k▼
Amounts receivable within one year40/41€256€2k▲
Other amounts receivable41€256€2k▲
Cash at bank and in hand54/58€30k€104k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€817k€590k▼
Equity10/15€199k€434k▲
Contributions10/11€19k€19k=
Reserves13€180k€415k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132-€188k
Distributable reserves133€178k€226k▲
Provisions and deferred taxes16-€63k
Deferred taxes168-€63k
Amounts payable17/49€618k€94k▼
Amounts payable after more than one year17€391k-
Financial debts170/4€391k-
Amounts payable within one year42/48€228k€94k▼
Current portion of amounts payable after more than one year42€61k-
Trade debts44€29k€68k▲
Suppliers440/4€29k€68k▲
Taxes, remuneration and social security45€34k€9k▼
Taxes450/3€34k€9k▼
Other amounts payable47/48€105k€16k▼
Income statement
Code20242025
Remuneration, social security and pensions62€7k€12k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€30k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€233k€376k▲
Operating profit (loss)9901€151k€330k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€25k€16k▼
Recurring financial charges65€25k€16k▼
Profit (loss) for the period before taxes9903€130k€317k▲
Transfer from deferred taxes780-€3k
Transfer to deferred taxes680-€65k
Income taxes67/77€38k€19k▼
Profit (loss) for the period9904€92k€235k▲
Transfer from tax-exempt reserves789-€8k
Transfer to tax-exempt reserves689-€196k
Profit (loss) for the period to be appropriated9905€92k€48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€48k▼
Transfer from equity791/2€110k-
Transfer to equity691/2€92k€48k▼
To other reserves6921€92k€48k▼
Profit to be distributed694/7€110k-
Return on contributions (dividend)694€110k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €83 | €8k | €7k | €12k | ▲ 64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €92k | €93k | €100k | €70k | €30k | ▼ 56.7% |
| Other operating charges640/8 | - | €4k | €4k | €4k | €4k | ▼ 6.2% |
| Gross operating margin9900 | €187k | €185k | €172k | €233k | €376k | ▲ 61.4% |
| Operating profit (loss)9901 | €88k | €88k | €60k | €151k | €330k | ▲ 118% |
| Financial income75/76B | - | €10k | €6k | €4k | €3k | ▼ 26.9% |
| Recurring financial income75 | €16k | €10k | €6k | €4k | €3k | ▼ 26.9% |
| Financial charges65/66B | - | €22k | €21k | €25k | €16k | ▼ 38.7% |
| Recurring financial charges65 | €28k | €22k | €21k | €25k | €16k | ▼ 38.7% |
| Profit (loss) for the period before taxes9903 | €76k | €76k | €45k | €130k | €317k | ▲ 144% |
| Transfer from deferred taxes780 | - | - | - | - | €3k | - |
| Transfer to deferred taxes680 | - | - | - | - | €65k | - |
| Income taxes67/77 | €21k | €17k | €13k | €38k | €19k | ▼ 50.3% |
| Profit (loss) for the period9904 | €55k | €59k | €32k | €92k | €235k | ▲ 156% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €8k | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €196k | - |
| Profit (loss) for the period to be appropriated9905 | €55k | €59k | €32k | €92k | €48k | ▼ 48.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.01M | €934k | €871k | €817k | €590k | ▼ 27.8% |
| Fixed assets21/28 | €693k | €620k | €684k | €646k | €433k | ▼ 33.0% |
| Intangible fixed assets21 | €101k | €56k | €11k | - | - | - |
| Tangible fixed assets22/27 | €592k | €563k | €672k | €646k | €433k | ▼ 33.0% |
| Land and buildings22 | - | €526k | €647k | €611k | €375k | ▼ 38.6% |
| Plant, machinery and equipment23 | - | - | - | €20k | €22k | ▲ 14.2% |
| Furniture and vehicles24 | - | €37k | €26k | €15k | €36k | ▲ 129% |
| Financial fixed assets28 | €80 | €80 | €80 | €80 | €80 | = |
| Current assets29/58 | €319k | €315k | €188k | €171k | €157k | ▼ 8.0% |
| Amounts receivable after more than one year29 | - | €245k | €145k | €138k | €46k | ▼ 66.2% |
| Other amounts receivable291 | - | €245k | €145k | €138k | €46k | ▼ 66.2% |
| Amounts receivable within one year40/41 | €44k | €36k | €178 | €256 | €2k | ▲ 711% |
| Other amounts receivable41 | - | €36k | €178 | €256 | €2k | ▲ 711% |
| Cash at bank and in hand54/58 | €20k | €16k | €28k | €30k | €104k | ▲ 241% |
| Deferred charges and accrued income490/1 | - | €18k | €14k | €2k | €4k | ▲ 85.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.01M | €934k | €871k | €817k | €590k | ▼ 27.8% |
| Equity10/15 | €337k | €215k | €217k | €199k | €434k | ▲ 118% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €227k | €197k | €198k | €180k | €415k | ▲ 131% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | - | - | - | €188k | - |
| Distributable reserves133 | - | €195k | €196k | €178k | €226k | ▲ 26.7% |
| Profit (loss) carried forward14 | €92k | - | - | - | - | - |
| Provisions and deferred taxes16 | - | - | - | - | €63k | - |
| Deferred taxes168 | - | - | - | - | €63k | - |
| Amounts payable17/49 | €675k | €719k | €654k | €618k | €94k | ▼ 84.9% |
| Amounts payable after more than one year17 | €449k | €375k | €420k | €391k | - | - |
| Financial debts170/4 | - | €375k | €420k | €391k | - | - |
| Amounts payable within one year42/48 | €226k | €341k | €229k | €228k | €94k | ▼ 58.9% |
| Current portion of amounts payable after more than one year42 | - | €110k | €114k | €61k | - | - |
| Trade debts44 | €71k | €29k | €51k | €29k | €68k | ▲ 138% |
| Suppliers440/4 | - | €29k | €51k | €29k | €68k | ▲ 138% |
| Taxes, remuneration and social security45 | - | €41k | €18k | €34k | €9k | ▼ 72.5% |
| Taxes450/3 | - | €41k | €18k | €34k | €9k | ▼ 72.5% |
| Remuneration and social security454/9 | - | €6 | €672 | - | - | - |
| Other amounts payable47/48 | - | €161k | €46k | €105k | €16k | ▼ 84.8% |
| Accrued charges and deferred income492/3 | - | €3k | €4k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55k | €59k | €32k | €92k | €235k | ▲ 156% |
| + Depreciation and write-downs630 | €92k | €93k | €100k | €70k | €30k | ▼ 56.7% |
| Operating cash flow (approximation) | €147k | €152k | €131k | €162k | €266k | ▲ 64.4% |
| Investment in fixed assets (approximation) | - | €-20k | €-164k | €-33k | €183k | ▲ 660% |
| Change in cash | - | €-4k | €13k | €2k | €74k | ▲ 3,000% |
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
Next filing, fiscal year 2026, expected by
2026
01-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
2025
30-06
Financial
Highest result since 2019net €235k ▲156%
Operating result €330k, net result €235k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 1.68
Current ratio from 0.75 to 1.68; short-term debt falls from €228k to €94k.
30-06
Financial
Equity above €200kEq €434k ▲118%
7 profitable years in a row build equity to €434k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €32k ▼46.2%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
10-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Cerfontaine · 1 establishment unit since 2013
Ground area
1.2 ha
Building footprint
223 m²
Parcel 93070C0081/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ORTE
since 20132.227.305.882
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93070C0081/00F000 | Wallonia | 1.2 ha | 1 · 223 m² | - |
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.
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Of 662 companies in sector 96995 we hold annual accounts for 74. 42 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
Founded16-09-2013
Fiscal year end30-06
Activities, NACEBEL 2025
86230Dental practice
96995Pet boarding
46232Wholesale trade
47762Retail sale of pets, pet food and pet supplies
77110Renting and leasing of cars and light motor vehicles
82300Organisation of conventions and trade shows
93129Activities of other sports clubs
Scores and ratios are computed by Checked and are not a credit decision.