Equity
ORBIX Productions has made a profit without a break since 2012.
ORBIX Productions has made a profit without a break since 2012.
The result fell in 2025 from €820,506 to €73,792.
Debts rose by €1.4m in 2025.
Green is investment, beige is depreciation. Machinery stands 85.4% higher than in 2024.
ORBIX Productions pays its suppliers 53 days later than in 2024. Customers pay 83 days earlier.
Seven of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.
The dashed line is the sector median: 0.3% across 200 companies (NACE 38, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 38, small). It does better than 37% of them on solvency, 97% on liquidity, 33% on profitability and 60% 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 30-04-2025.
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).
In July 2024, 4,685 companies had the same profile as ORBIX Productions has now. Each dot stands for 12 companies, two years later.
That fits the bankruptcy probability of ORBIX Productions itself: 0.1% within 12 months.
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 4,685 companies, not a prediction for ORBIX Productions. 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.
Liquidity is ample, with a current ratio of 4.55 (6.85 in 2024), above the usual 1.5. Short-term debt is 16.9% and cash 50.7% of total assets. However, 72.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% of those companies filed late.
Shares in 1 company, CARBSTONE INNOVATION
Board & ownership| Company | ||||
|---|---|---|---|---|
| ORBIX Productions Genk | €15.9m | 0.6% | 27.5% | 44.7 |
| MARTENS DEMOLITION COMPANY Genk | €15.5m | 3.8% | 35.1% | 31.9 |
| HIGH 5 RECYCLING GROUP Antwerp | €19.3m | -0.2% | 80.2% | 25.1 |
| DE NEEF CHEMICAL PROCESSING Heist-op-den-Berg | €14.3m | -19.6% | 45.9% | 54.2 |
| Val'Up Mons | €17.7m | 11.0% | 44.2% | 78.1 |
| RECYFUEL Engis | €30.2m | 7.1% | 65.5% | 49.6 |
| ADAMS POLENDAM Beerse | €29.9m | 2.8% | 73.6% | 62.5 |
Grey: the largest companies of the sector (waste collection and treatment (NACE 38)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ORBIX Productions: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €10m and €32m, founded between 1990 and 2003.
ORBIX Productions has existed since 2002. Turnover fell from €26.2m in 2011 to €7.4m in 2012. The previous financial year ran 23 months, this one 12.
INVEST COMPANY GENK holds 99% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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