THE ORIENTAL EXPRESS
ActiveTHE ORIENTAL EXPRESS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.92M and a net result of €306k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 39% of 7983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-1
Solvency58▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.01 in 2024; short-term debt: 7.3% and cash: 0.2% of total assets), and 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.4%
Return on assets
2.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €4.92M
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 filingsDeviation from the deadline
2025
80 d early
2024
42 d early
2023
44 d early
2022
35 d early
2021
39 d early
2020
43 d early
2019
39 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.92M▲ 6.6%
2024 · €4.61M
2018: €4.56M
2019: €3.65M
2020: €4.60M
2021: €4.33M
2022: €4.13M
2023: €4.27M
2024: €4.61M
2018 → 2025
Total assets
€14.71M▼ 2.1%
2024 · €15.03M
2018: €9.12M
2019: €11.80M
2020: €11.83M
2021: €14.66M
2022: €16.08M
2023: €15.60M
2024: €15.03M
2018 → 2025
Net result
€306k▼ 10.1%
2024 · €341k
2018: €847k
2019: €-414k
2020: €948k
2021: €-261k
2022: €-202k
2023: €137k
2024: €341k
2018 → 2025
Working capital
€-1.04M▼ 6.7%
2024 · €-974k
2018: €132k
2019: €-2.00M
2020: €-232k
2021: €-1.04M
2022: €-977k
2023: €-1.20M
2024: €-974k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.33M-€4.13M▼ 4.7%€4.27M▲ 3.3%€4.61M▲ 8.0%€4.92M▲ 6.6%
Operating result€38k-€97k▲ 159%€401k▲ 313%€560k▲ 39.6%€466k▼ 16.8%
Net result€-261k-€-202k▲ 22.4%€137k€341k▲ 148%€306k▼ 10.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.71M
Fixed assets
€14.68M▼ 2.3%
Current assets
€32k▲ 514%
Equity and liabilities €14.71M
Equity
€4.92M▲ 6.6%
Provisions
€534k▼ 3.6%
Debt
€9.26M▼ 6.2%
The debt ratio falls from 65.6% to 62.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€816k▼
2024 · €910k
Cash flow
€656k▼
2024 · €691k
Solvency
33.4%▲
2024 · 30.7%
Current ratio
0.03▲
2024 · 0.01
Quick ratio
0.03▲
2024 · 0.01
Debt / equity
1.88▼
2024 · 2.14
ROE
6.2%▼
2024 · 7.4%
ROA
2.1%▼
2024 · 2.3%
Interest coverage
4.54▼
2024 · 4.55
Debt
€9.26M▼
2024 · €9.87M
Debt ≤ 1 year
€1.07M▲
2024 · €979k
Debt > 1 year
€8.19M▼
2024 · €8.89M
Income taxes
€120▼
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€15.03M€14.71M▼
Fixed assets21/28€15.03M€14.68M▼
Tangible fixed assets22/27€15.03M€14.68M▼
Land and buildings22€15.03M€14.68M▼
Current assets29/58€5k€32k▲
Amounts receivable within one year40/41-€5k
Trade receivables40-€5k
Cash at bank and in hand54/58€5k€27k▲
Equity and liabilities
Total equity and liabilities10/49€15.03M€14.71M▼
Equity10/15€4.61M€4.92M▲
Contributions10/11€113k€113k=
Reserves13€1.54M€1.48M▼
Non-distributable reserves130/1€11k€11k=
Reserves not available under the articles1311€11k€11k=
Tax-exempt reserves132€1.53M€1.47M▼
Profit (loss) carried forward14€2.96M€3.32M▲
Provisions and deferred taxes16€554k€534k▼
Deferred taxes168€554k€534k▼
Amounts payable17/49€9.87M€9.26M▼
Amounts payable after more than one year17€8.89M€8.19M▼
Financial debts170/4€8.89M€8.19M▼
Amounts payable within one year42/48€979k€1.07M▲
Current portion of amounts payable after more than one year42€689k€701k▲
Financial debts43€263k€345k▲
Other loans439€263k€345k▲
Trade debts44€5k€20k▲
Suppliers440/4€5k€20k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€19k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€351k€350k▼
Gross operating margin9900€910k€816k▼
Operating profit (loss)9901€560k€466k▼
Financial charges65/66B€200k€180k▼
Recurring financial charges65€200k€180k▼
Profit (loss) for the period before taxes9903€360k€286k▼
Transfer from deferred taxes780€20k€20k=
Transfer to deferred taxes680€39k-
Income taxes67/77€140€120▼
Profit (loss) for the period9904€341k€306k▼
Transfer from tax-exempt reserves789€54k€54k=
Transfer to tax-exempt reserves689€117k-
Profit (loss) for the period to be appropriated9905€278k€360k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.96M€3.32M▲
Profit (loss) brought forward from the previous period14P€2.68M€2.96M▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €137k
Net result €137k after 2 loss-making years.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €948k
Net result €948k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-414k ▼149%
Net result drops to €-414k, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ranst · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ter Stratenweg 272520 RanstGround area
9,017 m²
Building footprint
5,328 m²
Volume, LiDAR
37,530 m³
Parcel 11031C0352/00L000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THE ORIENTAL EXPRESS
since 20012.091.862.210
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031C0352/00L000 | Flanders | 9,017 m² | 1 · 5,327 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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VAN DER VENNET
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PRONEL
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DOREL BELGIUM
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Of 1,170 companies in sector 46499 we hold annual accounts for 743. 300 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-1999
Fiscal year end31-12
Activities, NACEBEL
46499Wholesale of other household goods
51478
47789Other retail sale of new goods
52498
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:CLOOTS.RONNY@TELENET.BE
Phone:034858594