Equity
€78,912 ▲ 19.6%
ORVO paid out €15,000 in dividends. That is 54% of the 2025 profit.
ORVO
Lifetime
16 annual accounts with figures on one time axispeak €100,315 (2010)
€53,967▼ 7.4%
lowest -€1,164 (2018)
€27,933▼ 0.4%
peak €78,912 (2025)
€78,912▲ 19.6%
€75,761▲ 15.3%
Board2 names since 2009
2 directorsDEVOS Bastien and 1 other
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
Dividend €15,000Equity from €65,979 to €78,912Debts from €65,723 to €75,761Cash from €51,467 to €103,773
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 57% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 2.00, cash €103,773
Size: total assets €154,673
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €78,912 (51.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 44% of them on solvency, 64% on liquidity, 55% on profitability and 65% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as ORVO has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ORVO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for ORVO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.0 (2.16 in 2024), above the usual 1.5. Short-term debt is 40.9% and cash 67.1% of total assets. 49% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 days early
2024
29 days late
2023
29 days late
2022
30 days late
2021
31 days early
2020
31 days early
2019
90 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
First establishment
Rue de la Vallée 65, Ottignies-Louvain-la-Neuve
Incorporation
published on 31-03-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ORVO Ottignies-Louvain-la-Neuve | €154,673 | €53,967 | 51.0% | - |
| DD CONSULTING Genappe | €171,220 | €53,760 | 82.8% | - |
| GO-APPS Braine-l'Alleud | €163,427 | €51,500 | 61.2% | - |
| Consortium IT Waterloo | €133,633 | €51,609 | 89.5% | - |
| QUART-IT Walhain | €166,598 | €61,945 | 29.9% | - |
| BergIT Genappe | €170,817 | €48,266 | 88.8% | - |
| ASPOFFICE Berlare | €153,743 | €54,950 | 56.5% | - |
These companies have the same main activity as ORVO: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €134,000 and €171,000, founded between 2007 and 2008.
Official details
Source: KBO- Status
- Active since 16-03-2009Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.177.415.4181340 Ottignies-Louvain-la-Neuve, since 01-04-2009
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €154,673▲ 17.4%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on ORVO
ORVO files the micro format. That format states no turnover. The gross margin fell from €100,315 in 2010 to €53,967 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ORVO
- What is the company number of ORVO?
- The company number of ORVO is 0810.600.789. The VAT number is the same number with BE in front: BE 0810.600.789.
- Where is ORVO based?
- The registered office is at Rue de la Vallée 65, 1340 Ottignies-Louvain-la-Neuve.Company details
- What does ORVO do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of ORVO?
- ORVO is a private limited company (pre-2019) (BVBA).
- When was ORVO founded?
- ORVO was founded on 16-03-2009.
- Is ORVO still active?
- Yes, ORVO is an active enterprise in the KBO register.
- What is the turnover of ORVO?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €53,967 and 60 comparable companies (NACE 62200). It probably lies between €92,000 and €130,000.Financials
- Is ORVO profitable?
- In financial year 2025, ORVO made a profit of €27,933.
- Where can I find the annual accounts of ORVO?
- ORVO filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ORVO due?
- ORVO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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