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ORBIZZ

Active
Private limited company (pre-2019)·Administratieve en ondersteunende activiteiten ten behoeve van kantoren· 7 yrs active
Open bankruptcy
KBO/BCE: BE 0702.898.622
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Age7 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for ORBIZZ according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €3k and a net result of €-466.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Insolvency timeline

1 events
24-01-2024
Bankruptcy Opening
Date: 18-01-2024 · Ondernemingsrechtbank Leuven · ORBIZZ BV RHODESTRAAT 22, 3201 LANGDORP · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-07-2023, 3 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 4 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 31-12-2022, that is 31-07-2023.
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 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 28-07-2023 3 d early 2023-00285301
31-12-2021 31-07-2022 22-06-2023 326 d late 2023-00147741
31-12-2020 31-07-2021 31-08-2021 31 d late 2021-64100576
31-12-2019 31-07-2020 21-08-2020 21 d late 2020-43500492

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
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

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.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-466+80.7%
Working capital€-274
Directors1

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 28-07-2023 with the NBB · fiscal year 2022 · micro
€-6k€-4k€-2k€0€2kOperating result 2019: €-4k€-4kNet result 2019: €-5k€-5kOperating result 2020: €3k€3kNet result 2020: €-2k€-2kOperating result 2021: €-415€-415Net result 2021: €-466€-466201920202021
Operating resultNet result
Net profit
€-466
+80.7% 19-21
Total assets
€23k
+12.2% 19-21
Equity
€3k
-12.3% 19-21
Working capital
€-274
- 19-21
Employees (FTE)
2
- 19-21
Debt
€19k
+17.9% 19-21
Debt ≤ 1y
€19k
+17.9% 19-21
Current ratio
0.99
-2.6% 19-21
Quick ratio
0.99
-2.6% 19-21
Solvency
14.7%
-21.8% 19-21
Debt / equity
5.79
- 19-21
ROE
-14.0%
+78.0% 19-21
ROA
-2.1%
+82.8% 19-21
Figures by fiscal year
Fiscal year2021
Depositmicro
Revenue-
EBITDA-
Net profit€-466
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€23k
Equity€3k
Debt€19k
of which ≤ 1y€19k
of which > 1y-
Working capital€-274
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.99
Quick ratio0.99
Working capital ratio-1.2%
Solvency14.7%
Debt / equity5.79
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-2.1%
ROE-14.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€23k
Fixed assets 21/28€4k
Financial fixed assets 28€4k
Current assets 29/58€19k
Amounts receivable within one year 40/41€19k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€23k
Equity 10/15€3k
Contributions / capital 10/11€6k
Accumulated profits (losses) 14€-3k
Amounts payable 17/49€19k
Amounts payable within one year 42/48€19k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€-272
Operating result 9901€-415
Financial charges 65€51
Result before taxes 9903€-466
Net result for the period 9904€-466
Result to be appropriated 9905€-466
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
0 / 100 Critical
050100
Computed from 4 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 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

4 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator JAN DE RIECK
FONTEINSTRAAT 1A, 3000 LEUVEN-
18-01-2024 → present Belgian State Gazette

Legal Structure

NACE primary Administratieve en ondersteunende activiteiten ten behoeve van kantoren(82100)
Legal form Private limited company (pre-2019)(015)
Incorporation06-09-2018
StatusActive
Postal code-
First BS signal 24-01-2024
Latest BS signal 24-01-2024

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Establishment units

1 location
ORBIZZ
Ontwerpen en programmeren van computerprogramma's
since 20182.281.241.941
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,332 m²
Buildings1
Building footprint117 m²

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.
24060B0251/00W000 Flanders 1,332 m² 1 · 117 m² -
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

1 event from the State Gazette
24-01-2024
Bankruptcy Opening
Date: 18-01-2024 · Ondernemingsrechtbank Leuven · ORBIZZ BV RHODESTRAAT 22, 3201 LANGDORP · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-01-24 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

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
Health0Profitability0Solvency20Growth78Stability0
20 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 20
Growth 78
Stability 0

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

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

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110
Primary activity highlighted.
Names & trade names
Legal nameNL ORBIZZ
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.