ORUB
ActiveSummary
ORUB has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€622,137) and a net result of -€29,387. Equity is shrinking by ~5.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 7 accounts on average 21 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)
History
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Financials · fiscal year 2025, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 1,242 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,242 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,790 | €3,194 | €5,444 | €5,697 | €5,697 | = |
| Other operating charges640/8 | €14,488 | €14,982 | €15,903 | €2,147 | €2,081 | ▼ 3.1% |
| Gross operating margin9900 | -€18,353 | -€17,128 | -€23,332 | -€18,380 | -€21,982 | ▼ 19.6% |
| Operating profit (loss)9901 | -€35,631 | -€35,304 | -€44,678 | -€26,223 | -€29,759 | ▼ 13.5% |
| Financial income75/76B | - | €3 | €0 | €571 | €396 | ▼ 30.6% |
| Recurring financial income75 | - | €3 | €0 | €571 | €396 | ▼ 30.6% |
| Financial charges65/66B | €21 | €24 | €24 | €24 | €24 | = |
| Recurring financial charges65 | €21 | €24 | €24 | €24 | €24 | = |
| Profit (loss) for the period before taxes9903 | -€35,652 | -€35,325 | -€44,702 | -€25,676 | -€29,387 | ▼ 14.5% |
| Profit (loss) for the period9904 | -€35,652 | -€35,325 | -€44,702 | -€25,676 | -€29,387 | ▼ 14.5% |
| Profit (loss) for the period to be appropriated9905 | -€35,652 | -€35,325 | -€44,702 | -€25,676 | -€29,387 | ▼ 14.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €762,929 | €727,601 | €728,851 | €742,648 | €727,087 | ▼ 2.1% |
| Fixed assets21/28 | €698,390 | €706,449 | €717,812 | €715,862 | €710,166 | ▼ 0.8% |
| Tangible fixed assets22/27 | €698,390 | €706,449 | €717,812 | €715,862 | €710,166 | ▼ 0.8% |
| Land and buildings22 | €697,341 | €705,662 | €717,287 | €715,600 | €710,166 | ▼ 0.8% |
| Furniture and vehicles24 | €1,048 | €786 | €524 | €262 | €0 | ▼ 100% |
| Current assets29/58 | €64,539 | €21,153 | €11,040 | €26,786 | €16,921 | ▼ 36.8% |
| Amounts receivable within one year40/41 | €0 | - | €1,529 | €7,223 | €2,237 | ▼ 69.0% |
| Trade receivables40 | - | - | €1,529 | €7,223 | €2,237 | ▼ 69.0% |
| Other amounts receivable41 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €64,394 | €20,997 | €9,511 | €19,563 | €14,684 | ▼ 24.9% |
| Deferred charges and accrued income490/1 | €145 | €156 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €762,929 | €727,601 | €728,851 | €742,648 | €727,087 | ▼ 2.1% |
| Equity10/15 | -€487,047 | -€522,371 | -€567,073 | -€592,750 | -€622,137 | ▼ 5.0% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €865 | €865 | €865 | €865 | €865 | = |
| Non-distributable reserves130/1 | €865 | €865 | €865 | €865 | €865 | = |
| Legal reserve130 | €865 | €865 | €865 | €865 | €865 | = |
| Profit (loss) carried forward14 | -€549,885 | -€585,210 | -€629,912 | -€655,588 | -€684,975 | ▼ 4.5% |
| Amounts payable17/49 | €1.2m | €1.2m | €1.3m | €1.3m | €1.3m | ▲ 1.0% |
| Amounts payable after more than one year17 | €1.1m | €1.1m | €1.1m | €1.3m | €1.3m | ▲ 1.1% |
| Financial debts170/4 | €751,971 | €751,971 | €751,971 | €751,971 | €751,971 | = |
| Other amounts payable178/9 | €382,397 | €382,397 | €382,397 | €583,001 | €597,105 | ▲ 2.4% |
| Amounts payable within one year42/48 | €115,605 | €115,605 | €161,557 | €425 | €148 | ▼ 65.2% |
| Financial debts43 | €0 | - | - | - | - | - |
| Other loans439 | €0 | - | - | - | - | - |
| Trade debts44 | - | - | €952 | €425 | €148 | ▼ 65.2% |
| Suppliers440/4 | - | - | €952 | €425 | €148 | ▼ 65.2% |
| Other amounts payable47/48 | €115,605 | €115,605 | €160,605 | €0 | - | - |
| Accrued charges and deferred income492/3 | €3 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,652 | -€35,325 | -€44,702 | -€25,676 | -€29,387 | ▼ 14.5% |
| + Depreciation and write-downs630 | €2,790 | €3,194 | €5,444 | €5,697 | €5,697 | = |
| Operating cash flow (approximation) | -€32,862 | -€32,131 | -€39,258 | -€19,980 | -€23,691 | ▼ 18.6% |
| Investment in fixed assets (approximation) | - | -€11,253 | -€16,807 | -€3,747 | €0 | ▲ 100% |
| Change in cash | - | -€43,397 | -€11,486 | €10,052 | -€4,879 | ▼ 149% |
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
16-09
State Gazette act
Resignation: Siska Dedeyne (director)Appointment: Benedicte Despiegelaere (director)9 facts ▸
- General meeting, 13-07-2026
- Director resignation, Siska Dedeyne (director)
- Director resignation, Siska Dedeyne (day-to-day manager)
- General meeting, 31-08-2026
- Director appointment, Benedicte Despiegelaere (director)
- Other statement, alle handelingen van voormelde bestuurder, gesteld in haar hoedanigheid van feitelijk bestuurder van de NV ORUB sinds 06/07/2026 tot op heden, 31/08/2026, ratif…
- Board meeting, 31-08-2026
- Director appointment, Benedicte Despiegelaere (day-to-day manager)
- Other statement, alle handelingen van voormelde bestuurder, gesteld in haar hoedanigheid van feitelijk gedelegeerd bestuurder van de NV ORUB sinds 06/07/2026 tot op heden, 31/08…
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 1
Day-to-day management 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A1287/00F000 | Flanders | 9,205 m² | 1 · 2,427 m² | 14.4 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Benedicte Despiegelaere |
|
| Siska Dedeyne |
|
Articles of association
Full text
Vertegenwoordigingsbevoegdheid (artikel 20): "1. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij ondertekend worden door de enige bestuurder, tenzij er meerdere bestuurders zijn benoemd, in welk geval door drie bestuurders, gezamenlijk handelend of door twee gedelegeerde bestuurders, gezamenlijk handelend. (...) Ingediend door Jonckheere Kim, lasthebber.
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 30 September 2026 · Peppol Directory
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