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ORTHODAX

Active
Private limited companyfounded 20224 yrs activeRue des Fonds(LU) 3, 5170 Profondeville, BelgiumKBO/BCE: BE 0782.896.995

The computed 12-month bankruptcy probability of ORTHODAX is 2.0% (moderate). The 2024 annual accounts show equity of €382k and a net result of €137k. Its solvency ranks better than 91% of 2024 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▼-6
Solvency100▲+1
Growth52
Track record94
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 7.86 against 2.82 in 2023; short-term debt: 12.6% and cash: 17.1% of total assets), and 12.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
87.3%
Return on assets
31.5%
Age of the figures
21 mo
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 27-06-2025, 34 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
48 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€382k▲ 56.3%
2023 · €244k
2023: €244k
2023 → 2024
Total assets
€437k▲ 32.1%
2023 · €331k
2023: €331k
2023 → 2024
Net result
€137k▼ 40.0%
2023 · €229k
2023: €229k
2023 → 2024
Working capital
€378k▲ 139%
2023 · €158k
2023: €158k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€244k-€382k▲ 56.3%
Operating result€315k-€234k▼ 25.6%
Net result€229k-€137k▼ 40.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2023: €315k€315kNet result 2023: €229k€229kOperating result 2024: €234k€234kNet result 2024: €137k€137k20232024
The operating result falls in 2024; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €437k
Fixed assets €4k▼ 95.7%
Current assets €433k▲ 77.2%
Equity and liabilities €437k
Equity €382k▲ 56.3%
Debt €55k▼ 36.2%
The debt ratio falls from 26.2% to 12.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€236k
2023 · €322k
Cash flow
€139k
2023 · €236k
Solvency
87.3%
2023 · 73.8%
Current ratio
7.86
2023 · 2.82
Quick ratio
7.86
2023 · 2.82
Debt / equity
0.15
2023 · 0.36
ROE
36.0%
2023 · 93.9%
ROA
31.5%
2023 · 69.3%
Interest coverage
5.26
2023 · 3157.56
Debt
€55k
2023 · €87k
Debt ≤ 1 year
€55k
2023 · €87k
Income taxes
€55k
2023 · €86k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€331k€437k
Fixed assets21/28€86k€4k
Tangible fixed assets22/27€1k€4k
Furniture and vehicles24€1k€4k
Financial fixed assets28€85k-
Current assets29/58€244k€433k
Amounts receivable within one year40/41€103k€171k
Trade receivables40€71k€93k
Other amounts receivable41€32k€78k
Current investments50/53€102k€187k
Cash at bank and in hand54/58€39k€75k
Deferred charges and accrued income490/1€501€592
Equity and liabilities
Total equity and liabilities10/49€331k€437k
Equity10/15€244k€382k
Contributions10/11€15k€15k=
Reserves13€100k€200k
Distributable reserves133€100k€200k
Profit (loss) carried forward14€129k€167k
Amounts payable17/49€87k€55k
Amounts payable within one year42/48€87k€55k
Trade debts44€354€632
Suppliers440/4€354€632
Taxes, remuneration and social security45€86k€55k
Taxes450/3€86k€55k
Accrued charges and deferred income492/3€150€200
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€2k
Other operating charges640/8€801€405
Gross operating margin9900€323k€237k
Operating profit (loss)9901€315k€234k
Financial income75/76B€610€3k
Recurring financial income75€610€3k
Financial charges65/66B€102€45k
Recurring financial charges65€102€45k
Profit (loss) for the period before taxes9903€315k€192k
Income taxes67/77€86k€55k
Profit (loss) for the period9904€229k€137k
Profit (loss) for the period to be appropriated9905€229k€137k
Appropriation of the result
Profit (loss) to be appropriated9906€229k€267k
Profit (loss) brought forward from the previous period14P-€129k
Transfer to equity691/2€100k€100k=
To the legal reserve6920€100k€100k=

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 7.86
Current ratio from 2.82 to 7.86; short-term debt falls from €87k to €55k.
13-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Profondeville · 1 establishment unit since 2022
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue des Fonds(LU) 35170 Profondeville
Ground area
2,207 m²
Building footprint
341 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
ORTHODAX
Chaussée de Wavre 59, 1360 PerwezOther manufacturing
since 20222.329.141.729
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92079A0577/00H000 Wallonia 1,347 m² 1 · 122 m² -
25084C0534/00V002 Wallonia 860 m² 1 · 219 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

254900J29TDUPXQIM719
live in the LEI register

Similar companies · same sector, comparable size

Of 142 companies in sector 77225 we hold annual accounts for 79. 59 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-03-2022
Fiscal year end31-12
Activities, NACEBEL
77225Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.