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ORYE CONSTRUCT

Active
Private limited company·Overige gespecialiseerde bouwactiviteiten, neg· 13 yrs active
Oude Spoorbaan 100 ·3500 Hasselt, Belgium
KBO/BCE: BE 0525.935.681
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age13 yrs
Staff (FTE)6.9

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ORYE CONSTRUCT is 0.9% (low). The 2024 annual accounts show equity of €1.28M and a net result of €148k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 84% of 992 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 84% of 992 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 19-08-2025 19 d late 2025-00384174
31-12-2023 31-07-2024 16-07-2024 15 d early 2024-00251537
31-12-2022 31-07-2023 29-08-2023 29 d late 2023-00384384
31-12-2021 31-07-2022 31-08-2022 31 d late 2022-20377634
31-12-2020 31-07-2021 31-08-2021 31 d late 2021-63600264
31-12-2019 31-07-2020 13-10-2020 74 d late 2020-61200014
31-12-2018 31-07-2019 26-08-2019 26 d late 2019-51300560
31-12-2017 31-07-2018 30-08-2018 30 d late 2018-61300039
31-12-2016 31-07-2017 21-08-2017 21 d late 2017-46500228
31-12-2015 31-07-2016 16-08-2016 16 d late 2016-43000493

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2013, 13 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.9% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: healthy financial profile Long track record

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€148k+31.6%
Working capital€956k-15.3%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 19-08-2025 with the NBB · fiscal year 2024 · verkort
€0€200k€400kOperating result 2020: €419k€419kNet result 2020: €303k€303kOperating result 2021: €272k€272kNet result 2021: €188k€188kOperating result 2022: €399k€399kNet result 2022: €274k€274kOperating result 2023: €195k€195kNet result 2023: €113k€113kOperating result 2024: €257k€257kNet result 2024: €148k€148k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~8%/year over 7 fiscal years, indicative, assuming unchanged policy.
€500k€1.00M€1.50M€2.00M€2.50M2025: €1.52M (€1.27M - €1.77M)2026: €1.62M (€1.22M - €2.02M)2027: €1.72M (€1.16M - €2.28M)2018: €676k2019: €913k2020: €1.22M2021: €1.25M2022: €1.37M2023: €1.32M2024: €1.28M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 67.5% 35.4%
better than 84% of 992 sector peers
Net result €148k €30k
better than 84% of 991 sector peers
Equity €1.28M €121k
better than 95% of 992 sector peers
Gross operating margin €666k €172k
better than 82% of 991 sector peers
Staff costs €325k €194k
higher than 65% of 619 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P84
2020: P84 · n=4302021: P87 · n=5562022: P88 · n=7492023: P83 · n=9012024: P84 · n=9922020 2024
Stable position over 2020-2024 · n=430-992
Net result P84
2020: P95 · n=4302021: P88 · n=5542022: P93 · n=7472023: P76 · n=9012024: P84 · n=9912020 2024
Weakening position over 2020-2024 · n=430-991
Equity P95
2020: P93 · n=4302021: P93 · n=5562022: P95 · n=7492023: P95 · n=9012024: P95 · n=9922020 2024
Stable position over 2020-2024 · n=430-992
Gross operating margin P82
2020: P79 · n=4292021: P78 · n=5552022: P85 · n=7482023: P80 · n=8992024: P82 · n=9912020 2024
Stable position over 2020-2024 · n=429-991
Describes the position versus peers, not a forecast.
EBITDA
€330k
+27.5% 18-24
Net profit
€148k
+31.6% 18-24
Cash flow
€221k
+25.5% 18-24
Total assets
€1.89M
-7.4% 18-24
Equity
€1.28M
-3.0% 18-24
Working capital
€956k
-15.3% 18-24
Employees (FTE)
7
-6.8% 18-24
Staff costs
€325k
-6.8% 18-24
Income taxes
€79k
+25.5% 18-24
Dividends
€188k
+13.7% 18-24
Debt
€614k
-15.2% 18-24
Debt ≤ 1y
€312k
-16.8% 18-24
Debt > 1y
€288k
-16.2% 18-24
Current ratio
4.06
+1.4% 18-24
Quick ratio
3.90
+1.3% 18-24
Solvency
67.5%
+4.7% 18-24
Debt / equity
0.48
-12.6% 18-24
ROE
11.6%
+35.8% 18-24
ROA
7.8%
+42.1% 18-24
Interest coverage
9.58
-13.4% 18-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€330k
Net profit€148k
Cash flow€221k
Staff costs€325k
Income taxes€79k
Dividends€188k
Total assets€1.89M
Equity€1.28M
Debt€614k
of which ≤ 1y€312k
of which > 1y€288k
Working capital€956k
Employees (FTE)6.9
Ratios (computed)
2024
Current ratio4.06
Quick ratio3.90
Working capital ratio50.5%
Solvency67.5%
Debt / equity0.48
Long-term debt ratio0.23
Interest coverage9.58
Gross margin-
Net margin-
ROA7.8%
ROE11.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.89M
Fixed assets 21/28€624k
Tangible fixed assets 22/27€616k
Financial fixed assets 28€8k
Current assets 29/58€1.27M
Stocks & contracts in progress 3€51k
Amounts receivable within one year 40/41€733k
Cash & bank 54/58€364k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.89M
Equity 10/15€1.28M
Contributions / capital 10/11€12k
Reserves 13€1.27M
Amounts payable 17/49€614k
Amounts payable after one year 17€288k
Amounts payable within one year 42/48€312k
Trade debts payable within one year 44€84k
Income statement
Gross operating margin 9900€666k
Operating result 9901€257k
Financial income 75€4k
Financial charges 65€34k
Result before taxes 9903€227k
Income taxes 67/77€79k
Net result for the period 9904€148k
Result to be appropriated 9905€148k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
98 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
16 companies at this address See who is registered here

Establishment units

1 location
Orye Construct
Oude Spoorbaan 100, 3500 HasseltVervaardiging van keukenmeubelen
since 20132.219.026.141
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area547 m²
Buildings1
Building footprint4,397 m²
Volume (LiDAR)13,158 m³
Tallest building17.2 m

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0365/00N004 Flanders 546 m² 1 · 4,397 m² 17.2 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health98Profitability58Solvency100Growth52Stability100
82 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 98
Profitability 58
Solvency 100
Growth 52
Stability 100

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Installatie van isolatie43230Isolatiewerkzaamheden43291Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Schrijnwerk43320Schrijnwerk43320Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen43333Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen43333Waterdichtingswerken van muren43421Waterdichtingswerken van muren43991Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990
Primary activity highlighted.
Names & trade names
Legal nameNL ORYE CONSTRUCT
Registered office
Oude Spoorbaan 100 bus 17
3500 Hasselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.