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ORTHOREN

Active
Private limited companyfounded 201016 yrs activeOlympialaan 14, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0823.073.209
Summary

ORTHOREN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,199 and a net result of €23,596. Equity is shrinking by ~26.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Activity not known1 site
Size
€76,851total assets 2025
Equity
€60,199
Profit
€23,596
Turnover not published (abridged schema)
Financial health
86 Excellent Checked score 2025
Bankruptcy chance 12 m
0.6%
Structure
Accounts 80 d early1 of 5 deeds read
Why 86- 1 change of registered office in 24 months- No main activity registered+ Liquidity: current ratio 4.01, cash €31,793+ Figures for FY 2025 (filed 12-05-2026)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Better than 86% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 78.3% of total assets
Liquidity 93+38
short-term debt 21.7% · cash 41.4%
Profitability 100+100
return on assets 30.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%● 0.0% vs 12-2024 02-2025: 0.5%● 0.0% vs 01-2025 03-2025: 0.7%▲ +45.8% vs 02-2025highest value 04-2025: 0.7%▼ -2.1% vs 03-2025 05-2025: 0.7%▼ -2.8% vs 04-2025 06-2025: 0.7%● 0.0% vs 05-2025 07-2025: 0.7%▼ -1.6% vs 06-2025 08-2025: 0.7%● 0.0% vs 07-2025 09-2025: 0.7%● 0.0% vs 08-2025 10-2025: 0.7%▼ -2.1% vs 09-2025 11-2025: 0.7%● 0.0% vs 10-2025 12-2025: 0.7%● 0.0% vs 11-2025 01-2026: 0.7%▼ -0.8% vs 12-2025 02-2026: 0.7%● 0.0% vs 01-2026 03-2026: 0.7%● 0.0% vs 02-2026 04-2026: 0.7%▲ +3.3% vs 03-2026 05-2026: 0.7%▲ +2.4% vs 04-2026 06-2026: 0.1%▼ -83.0% vs 05-2026lowest value 07-2026: 0.1%● 0.0% vs 06-2026lowest value 08-2026: 0.1%● 0.0% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.6%▲ +369% vs 09-2026
  • 1 change of registered office in 24 months raises the probability
  • No main activity registered raises the probability
  • Liquidity: current ratio 4.01, cash €31,793 lowers the probability
  • Figures for FY 2025 (filed 12-05-2026) lowers the probability
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 4.01 against 5.28 in 2024; short-term debt: 21.7% and cash: 41.4% of total assets), and 21.7% 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 (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 84%, profitability 90%, growth against the median 89%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · No main activity registered
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Liquidity: current ratio 4.01, cash €31,793
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 12-05-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €60,199
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
80 d early
2024
162 d early
2023
49 d early
2022
47 d early
2021
32 d early
2020
51 d early
2019
23 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 63 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 June (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 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
  1. Registered officeRegistered-office move · Director in…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Back to profitnet €23,596

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Total assets 20256 fiscal years filed €76,851 View
  • Active since 2010founded 06-02-2010 16 years View

By topic

Financials

Fiscal year
2025
Total assets
€76,851
Profit
€23,596
Solvency
78.3%
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 07-09-2026Registered office
  2. 12-05-2026Annual accounts filed
  3. 31-12-2025Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
06-02-2010
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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