ORBAN
ActiveSummary
ORBAN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €690k and a net result of €-10k. Equity remains stable across the filed fiscal years (±0.9% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▲+1
Solvency58▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 4.06 in 2024; short-term debt: 6.7% and cash: 0% of total assets), and 66.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 09
Relative position
BE, all sectors
reference
Mining support service activities (NACE 09)
about 13% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-07-2025, 185 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
185 d early
2024
32 d early
2023
184 d early
2022
27 d early
2021
153 d early
2019
123 d early
2018
141 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-10k
2024 · €36k
2018: €19k
2019: €4k▼ -77.8% vs 2018
2021: €-17k
2022: €-8k▲ +51.7% vs 2021
2023: €-20k▼ -138% vs 2022lowest value
2024: €36k▲ +281% vs 2023highest value
2025: €-10k▼ -128% vs 2024
2018 → 2025
Working capital
€49k▼ 94.9%
2024 · €958k
2018: €583k
2019: €586k▲ +0.6% vs 2018
2021: €560k
2022: €562k▲ +0.3% vs 2021
2023: €195k▼ -65.3% vs 2022
2024: €958k▲ +391% vs 2023highest value
2025: €49k▼ -94.9% vs 2024lowest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€465k-€457k▼ 1.8%€437k▼ 4.4%€700k▲ 60.2%€690k▼ 1.4%
2021: €465k
2022: €457k▼ -1.8% vs 2021
2023: €437k▼ -4.4% vs 2022lowest in 5 years
2024: €700k▲ +60.2% vs 2023highest in 5 years
2025: €690k▼ -1.4% vs 2024
Operating result€-76k-€-38k▲ 50.0%€-39k▼ 3.5%€18k€15k▼ 17.3%
2021: €-76klowest in 5 years
2022: €-38k▲ +50.0% vs 2021
2023: €-39k▼ -3.5% vs 2022
2024: €18k▲ +145% vs 2023highest in 5 years
2025: €15k▼ -17.3% vs 2024
Net result€-17k-€-8k▲ 51.7%€-20k▼ 138%€36k€-10k
2021: €-17k
2022: €-8k▲ +51.7% vs 2021
2023: €-20k▼ -138% vs 2022lowest in 5 years
2024: €36k▲ +281% vs 2023highest in 5 years
2025: €-10k▼ -128% vs 2024
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 €2.07M
Fixed assets
€1.88M ▲ 78.5%
Current assets
€188k ▼ 85.2%
Equity and liabilities €2.07M
Equity
€690k ▼ 1.4%
Provisions
€152k ▼ 3.2%
Debt
€1.23M ▼ 16.4%
Debt's share of the balance-sheet total falls from 63.1% to 59.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€81k▲
2024 · €64k
Cash flow
€56k▼
2024 · €82k
Current ratio
1.35▼
2024 · 4.06
Debt to equity
1.78▼
2024 · 2.10
ROE
-1.4%▼
2024 · 5.2%
ROA
-0.5%▼
2024 · 1.6%
Interest coverage
2.24▲
2024 · 1.87
Debt ≤ 1 year
€139k▼
2024 · €313k
Debt > 1 year
€1.09M▼
2024 · €1.15M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.32M€2.07M▼
Fixed assets21/28€1.05M€1.88M▲
Tangible fixed assets22/27€1.05M€1.08M▲
Land and buildings22€1.04M€1.08M▲
Furniture and vehicles24€11k€2k▼
Financial fixed assets28€512€801k▲
Current assets29/58€1.27M€188k▼
Amounts receivable within one year40/41€1.04M€188k▼
Trade receivables40€125k€71k▼
Other amounts receivable41€911k€117k▼
Cash at bank and in hand54/58€235k€63▼
Equity and liabilities
Total equity and liabilities10/49€2.32M€2.07M▼
Equity10/15€700k€690k▼
Contributions10/11€224k€224k=
Capital10€224k€224k=
Issued capital100€228k€228k=
Uncalled capital101€4k€4k=
Reserves13€387k€377k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€385k€375k▼
Profit (loss) carried forward14€89k€89k=
Provisions and deferred taxes16€157k€152k▼
Deferred taxes168€157k€152k▼
Amounts payable17/49€1.47M€1.23M▼
Amounts payable after more than one year17€1.15M€1.09M▼
Financial debts170/4€1.15M€1.09M▼
Amounts payable within one year42/48€313k€139k▼
Current portion of amounts payable after more than one year42€61k€68k▲
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€252k€67k▼
Suppliers440/4€252k€67k▼
Taxes, remuneration and social security45€28€28=
Taxes450/3€28€28=
Other amounts payable47/48€38€38=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€66k▲
Other operating charges640/8€20k€7k▼
Gross operating margin9900€83k€87k▲
Operating profit (loss)9901€18k€15k▼
Financial income75/76B€47k€6k▼
Recurring financial income75€47k€6k▼
Financial charges65/66B€34k€36k▲
Recurring financial charges65€34k€36k▲
Profit (loss) for the period before taxes9903€31k€-15k▼
Transfer from deferred taxes780€5k€5k=
Profit (loss) for the period9904€36k€-10k▼
Transfer from tax-exempt reserves789€10k€10k=
Profit (loss) for the period to be appropriated9905€46k€-43▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€89k=
Profit (loss) brought forward from the previous period14P€43k€89k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €22k | €27k | €46k | €66k | ▲ 44.5% |
| Other operating charges640/8 | - | €875 | €27k | €20k | €7k | ▼ 66.5% |
| Gross operating margin9900 | €-23k | €-15k | €14k | €83k | €87k | ▲ 4.9% |
| Operating profit (loss)9901 | €-76k | €-38k | €-39k | €18k | €15k | ▼ 17.3% |
| Financial income75/76B | - | €35k | €32k | €47k | €6k | ▼ 86.7% |
| Recurring financial income75 | €55k | €35k | €32k | €47k | €6k | ▼ 86.7% |
| Financial charges65/66B | - | €10k | €18k | €34k | €36k | ▲ 6.3% |
| Recurring financial charges65 | €1k | €10k | €18k | €34k | €36k | ▲ 6.3% |
| Profit (loss) for the period before taxes9903 | €-22k | €-13k | €-25k | €31k | €-15k | ▼ 148% |
| Transfer from deferred taxes780 | - | €5k | €5k | €5k | €5k | = |
| Profit (loss) for the period9904 | €-17k | €-8k | €-20k | €36k | €-10k | ▼ 128% |
| Transfer from tax-exempt reserves789 | - | €10k | €10k | €10k | €10k | = |
| Profit (loss) for the period to be appropriated9905 | €-7k | €2k | €-10k | €46k | €-43 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €906k | €956k | €1.30M | €2.32M | €2.07M | ▼ 11.0% |
| Fixed assets21/28 | €336k | €314k | €656k | €1.05M | €1.88M | ▲ 78.5% |
| Tangible fixed assets22/27 | €335k | €313k | €655k | €1.05M | €1.08M | ▲ 2.5% |
| Land and buildings22 | - | €310k | €634k | €1.04M | €1.08M | ▲ 3.5% |
| Plant, machinery and equipment23 | - | €63 | - | - | - | - |
| Furniture and vehicles24 | - | €3k | €21k | €11k | €2k | ▼ 83.8% |
| Financial fixed assets28 | €512 | €512 | €512 | €512 | €801k | ▲ 156,326% |
| Current assets29/58 | €570k | €642k | €648k | €1.27M | €188k | ▼ 85.2% |
| Stocks and contracts in progress3 | - | - | €22k | - | - | - |
| Stocks30/36 | - | - | €22k | - | - | - |
| Amounts receivable within one year40/41 | €568k | €641k | €625k | €1.04M | €188k | ▼ 81.9% |
| Trade receivables40 | - | €68k | €123k | €125k | €71k | ▼ 42.8% |
| Other amounts receivable41 | - | €573k | €502k | €911k | €117k | ▼ 87.2% |
| Cash at bank and in hand54/58 | €2k | €677 | €226 | €235k | €63 | ▼ 100.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €906k | €956k | €1.30M | €2.32M | €2.07M | ▼ 11.0% |
| Equity10/15 | €465k | €457k | €437k | €700k | €690k | ▼ 1.4% |
| Contributions10/11 | €224k | €224k | €224k | €224k | €224k | = |
| Capital10 | - | €224k | €224k | €224k | €224k | = |
| Issued capital100 | - | €228k | €228k | €228k | €228k | = |
| Uncalled capital101 | - | €4k | €4k | €4k | €4k | = |
| Reserves13 | €190k | €180k | €170k | €387k | €377k | ▼ 2.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €178k | €168k | €385k | €375k | ▼ 2.6% |
| Profit (loss) carried forward14 | €51k | €53k | €43k | €89k | €89k | = |
| Provisions and deferred taxes16 | €97k | €92k | €87k | €157k | €152k | ▼ 3.2% |
| Deferred taxes168 | - | €92k | €87k | €157k | €152k | ▼ 3.2% |
| Amounts payable17/49 | €344k | €408k | €780k | €1.47M | €1.23M | ▼ 16.4% |
| Amounts payable after more than one year17 | €334k | €327k | €327k | €1.15M | €1.09M | ▼ 5.9% |
| Financial debts170/4 | - | €327k | €327k | €1.15M | €1.09M | ▼ 5.9% |
| Amounts payable within one year42/48 | €10k | €80k | €453k | €313k | €139k | ▼ 55.5% |
| Current portion of amounts payable after more than one year42 | - | €7k | €393 | €61k | €68k | ▲ 11.3% |
| Financial debts43 | - | - | €341k | - | €4k | - |
| Credit institutions430/8 | - | - | €341k | - | €4k | - |
| Trade debts44 | €4k | €73k | €111k | €252k | €67k | ▼ 73.3% |
| Suppliers440/4 | - | €73k | €111k | €252k | €67k | ▼ 73.3% |
| Advances received on contracts in progress46 | - | €1k | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €28 | €28 | = |
| Taxes450/3 | - | - | - | €28 | €28 | = |
| Other amounts payable47/48 | - | - | - | €38 | €38 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-17k | €-8k | €-20k | €36k | €-10k | ▼ 128% |
| + Depreciation and write-downs630 | €9k | €22k | €27k | €46k | €66k | ▲ 44.5% |
| Operating cash flow (approximation) | €-8k | €13k | €7k | €82k | €56k | ▼ 31.4% |
| Investment in fixed assets (approximation) | - | €0 | €-369k | €-443k | €-893k | ▼ 101% |
| Change in cash | - | €-1k | €-451 | €235k | €-235k | ▼ 200% |
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
Next filing, fiscal year 2026, expected by
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Back to profitnet €36k
Net result €36k after 3 loss-making years.
30-06
Financial
Liquidity triplescurrent ratio 4.06
Current ratio from 1.43 to 4.06; short-term debt falls from €453k to €313k.
30-06
Financial
Equity above €500kEq €700k ▲60.2%
Equity rises from €437k to €700k.
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
03-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 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, La Bruyère · 1 establishment unit since 2002
Ground area
3,681 m²
Building footprint
341 m²
Volume, LiDAR
3,495 m³
2 parcels, Wallonia · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue Saint-Nicolas 37, 5000 Namur
since 20022.099.032.389
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92036C0001/00A004 | Wallonia | 3,431 m² | 1 · 193 m² | 9.8 m · 3 fl. |
| 92094C0520/00C000 | Wallonia | 250 m² | 1 · 148 m² | 16.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 26 companies in sector 09100 we hold annual accounts for 15. 9 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-03-2002
Fiscal year end30-06
Activities, NACEBEL 2025
09100Mining support service activities
23610Manufacture of other non-metallic mineral products
28920Manufacture of machinery and equipment not elsewhere classified
Scores and ratios are computed by Checked and are not a credit decision.