ORBIT
A bankruptcy procedure is open for ORBIT according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-426k) and a net result of €-592k.
| Equity | €-426k |
| Net result | €-592k |
| Staff (FTE) | 17.5 |
| Better than sector | 12% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -12.3% | 29.6% | |
| Net result | €-592k | €9k | |
| Equity | €-426k | €44k | |
| Staff costs | €1.23M | €201k | |
| Total assets | €3.46M | €181k |
| Fiscal year | 2023 |
|---|---|
| Revenue | €4.81M |
| EBITDA | €-441k |
| Net profit | €-592k |
| Cash flow | €-533k |
| Staff costs | €1.23M |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €3.46M |
| Equity | €-426k |
| Debt | €3.89M |
| of which ≤ 1y | €3.55M |
| of which > 1y | €231k |
| Working capital | €-284k |
| Employees (FTE) | 17.5 |
| 2023 | |
|---|---|
| Current ratio | 0.92 |
| Quick ratio | 0.45 |
| Working capital ratio | -8.2% |
| Solvency | -12.3% |
| Debt / equity | -9.13 |
| Long-term debt ratio | -0.54 |
| Interest coverage | -5.40 |
| Gross margin | 57.0% |
| Net margin | -12.3% |
| ROA | -17.1% |
| ROE | 139.0% |
| EBITDA margin | -9.2% |
| Days sales outstanding | 56d |
| Days payable outstanding | 131d |
| Inventory turnover | 1.22 |
| Days inventory (DSI) | 298d |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.46M |
| Fixed assets | 21/28 | €194k |
| Intangible fixed assets | 21 | €19k |
| Tangible fixed assets | 22/27 | €139k |
| Financial fixed assets | 28 | €35k |
| Current assets | 29/58 | €3.27M |
| Stocks & contracts in progress | 3 | €1.69M |
| Amounts receivable within one year | 40/41 | €1.30M |
| Cash & bank | 54/58 | €245k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.46M |
| Equity | 10/15 | €-426k |
| Contributions / capital | 10/11 | €162k |
| Reserves | 13 | €16k |
| Accumulated profits (losses) | 14 | €-604k |
| Amounts payable | 17/49 | €3.89M |
| Amounts payable after one year | 17 | €231k |
| Amounts payable within one year | 42/48 | €3.55M |
| Trade debts payable within one year | 44 | €740k |
| Income statement | ||
| Turnover | 70 | €4.81M |
| Operating result | 9901 | €-499k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €92k |
| Result before taxes | 9903 | €-590k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-592k |
| Result to be appropriated | 9905 | €-592k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MAARTEN VINCKIER HOOGLEEDSE-
STEENWEG 7, 8800 ROESELARE |
22-10-2024 → present | Belgian State Gazette |
| Curator | NICOLAAS VINCKIER HOOGLEEDSESTEENWEG 7, 8800 ROESE-
LARE |
22-10-2024 → present | Belgian State Gazette |
| NACE primary | 27402 |
| Legal form | Public limited company(014) |
| Incorporation | 17-04-1989 |
| Status | Active |
| Postal code | 8800 |
| First BS signal | 28-10-2024 |
| Latest BS signal | 28-10-2024 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505B0902/00G000 | Flanders | 7,707 m² | 1 · 7,226 m² | 8.8 m · 2 fl. |
| 46018A0182/00F002 | Flanders | 335 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-02-2024 Registered office moved from Rupelmonde to Roeselare
- Gelaagstraat 53A, 9150 Rupelmonde → Beversesteenweg 565 te 8800 Roeselare
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Beversesteenweg 565 te 8800 Roeselare",
"city": "Roeselare",
"region": "vlaams_gewest",
"street": "Beversesteenweg",
"country": "BE",
"postcode": "8800",
"box_number": null,
"street_number": "565",
"locality_suffix": null
},
"old_address": {
"raw": "Gelaagstraat 53A, 9150 Rupelmonde",
"city": "Rupelmonde",
"region": "vlaams_gewest",
"street": "Gelaagstraat",
"country": "BE",
"postcode": "9150",
"box_number": null,
"street_number": "53A",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-02-14",
"filing_date": "2024-02-05",
"act_kind_objet": "Zetelverplaatsing"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2023-11-30",
"unanimous": true
},
"subject_company": {
"kbo": "0437.507.414",
"name_full": "Orbit",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Filip Staelens",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}23-01-2024 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "Lars HANSEN",
"firm_city": null,
"firm_name": "Deckers Notarissen",
"office_city": "Antwerpen",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-23",
"filing_date": "2024-01-19",
"act_kind_objet": "STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-12-19",
"unanimous": null
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment"
],
"scope": "full_restatement",
"trigger": "wvv_adaptation",
"language_after": "nl",
"language_before": "nl"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0437.507.414",
"name_full_after": "ORBIT",
"legal_form_after": "Naamloze vennootschap",
"name_full_before": "ORBIT",
"current_zetel_raw": "Gelaagstraat 53 A 9150 Kruibeke",
"legal_form_before": "Naamloze vennootschap"
},
"special_mandates": [],
"articles_modified": [
{
"summary": "Aandelen vanaf 1 januari 2014 worden op naam ingeschreven.",
"new_text": null,
"change_kind": "amended",
"article_title": null,
"article_number": "1"
},
{
"summary": "De statuten worden aangepast aan de bepalingen van het Wetboek van vennootschappen.",
"new_text": null,
"change_kind": "amended",
"article_title": null,
"article_number": "2"
},
{
"summary": "Volledig nieuwe statuten worden aangenomen zonder wijziging in het voorwerp, behalve de vervanging van de term \u2018(maatschappelijk) doel\u2019 door \u2018voorwerp\u2019.",
"new_text": null,
"change_kind": "amended",
"article_title": null,
"article_number": "3"
},
{
"summary": "Het adres van de zetel is gevestigd te 9150 Kruibeke, Gelaagstraat 53 A.",
"new_text": null,
"change_kind": "amended",
"article_title": null,
"article_number": "4"
}
],
"governance_change": {
"organ_kind_after": "rvb",
"organ_kind_before": null,
"admin_delegated_added": [],
"representation_rule_after": "twee_gezamenlijk",
"co_signature_threshold_eur": null,
"representation_rule_before": null
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Lars HANSEN",
"org_rep_person_name": null
},
"co_filed_documents": [
"afschrift van de akte",
"geco\u00F6rdineerde tekst van de statuten en historiek van de statutenwijzigingen"
],
"shareholder_rights": null,
"voorwerp_change_summary": "De term \u2018(maatschappelijk) doel\u2019 is vervangen door \u2018voorwerp\u2019.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ORBIT |