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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Orfecorp is 0.5% (very low). The 2025 annual accounts show equity of €5.89M and a net result of €4.71M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 61 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Signals
1 signal · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 7 filed financial years, each closing on 30-09. 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 30-09-2025, that is 30-04-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-09-2025 | 30-04-2026 | 27-04-2026 | 3 d early | 2026-00101522 |
| 30-09-2024 | 30-04-2025 | 24-04-2025 | 6 d early | 2025-00078506 |
| 30-09-2023 | 30-04-2024 | 26-04-2024 | 4 d early | 2024-00076255 |
| 30-09-2022 | 30-04-2023 | 21-04-2023 | 9 d early | 2023-00065119 |
| 30-09-2021 | 30-04-2022 | 21-04-2022 | 9 d early | 2022-20007871 |
| 30-09-2020 | 30-04-2021 | 23-04-2021 | 7 d early | 2021-11700319 |
| 30-09-2019 | 30-04-2020 | 23-04-2020 | 7 d early | 2020-09700575 |
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 signalsMore than 3 years active
Founded in 2018, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.5%
Very low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€3.72M-1.2%
EBIT margin76.0%+2.3pp
Net result€4.71M+163.3%
Working capital€-2.53M-312.4%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 27-04-2026 with the NBB · fiscal year 2025 · volledig
Sector comparison
Fiscal year 2025 · NACE 82 · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 17.3% | 41.5% | |
| Net result | €4.71M | €28k | |
| Equity | €5.89M | €361k | |
| Employees (FTE) | 6.7 | 4.9 | |
| Total assets | €34.02M | €922k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P25
Improving position over 2020-2025
· n=61-197
P95
Improving position over 2020-2025
· n=62-197
P85
Improving position over 2020-2025
· n=61-197
P70
Weakening position over 2021-2024
· n=63-101
Describes the position versus peers, not a forecast.
€3.72M
-1.2%
19-25
€2.85M
+2.0%
19-25
€4.71M
+163.3%
19-25
€4.74M
+161.1%
19-25
€34.02M
+145.1%
19-25
€5.89M
+374.1%
19-25
€-2.53M
-312.4%
19-25
7
+4.7%
19-25
€613k
+2.5%
19-25
€385k
+12.8%
19-25
€28.13M
+122.6%
19-25
€19.71M
+531.3%
19-25
€8.36M
-11.7%
19-25
0.87
+8.5%
19-25
0.87
+8.5%
19-25
17.3%
+93.4%
19-25
4.77
-53.0%
19-25
80.0%
-44.5%
19-25
13.9%
+7.4%
19-25
126.7%
+166.4%
19-25
76.7%
+3.2%
19-25
7.52
+74.2%
19-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €3.72M |
| EBITDA | €2.85M |
| Net profit | €4.71M |
| Cash flow | €4.74M |
| Staff costs | €613k |
| Income taxes | €385k |
| Dividends | - |
| Total assets | €34.02M |
| Equity | €5.89M |
| Debt | €28.13M |
| of which ≤ 1y | €19.71M |
| of which > 1y | €8.36M |
| Working capital | €-2.53M |
| Employees (FTE) | 6.7 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.87 |
| Quick ratio | 0.87 |
| Working capital ratio | -7.4% |
| Solvency | 17.3% |
| Debt / equity | 4.77 |
| Long-term debt ratio | 1.42 |
| Interest coverage | 7.52 |
| Gross margin | - |
| Net margin | 126.7% |
| ROA | 13.9% |
| ROE | 80.0% |
| EBITDA margin | 76.7% |
| Days sales outstanding | 2d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €34.02M |
| Fixed assets | 21/28 | €16.84M |
| Tangible fixed assets | 22/27 | €34k |
| Financial fixed assets | 28 | €16.80M |
| Current assets | 29/58 | €17.18M |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €15.22M |
| Investments | 50/53 | €1.15M |
| Cash & bank | 54/58 | €810k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €34.02M |
| Equity | 10/15 | €5.89M |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €1.76M |
| Accumulated profits (losses) | 14 | €4.11M |
| Amounts payable | 17/49 | €28.13M |
| Amounts payable after one year | 17 | €8.36M |
| Amounts payable within one year | 42/48 | €19.71M |
| Trade debts payable within one year | 44 | €287k |
| Income statement | ||
| Turnover | 70 | €3.72M |
| Operating result | 9901 | €2.83M |
| Financial income | 75 | €36k |
| Financial charges | 65 | €388k |
| Result before taxes | 9903 | €5.10M |
| Income taxes | 67/77 | €385k |
| Net result for the period | 9904 | €4.71M |
| Result to be appropriated | 9905 | €3.75M |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2025 · computed64
/ 100
Healthy
Computed from 6 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 with Plus.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
2 directorsCurrent directors & mandates
-
Accretor BVLegal entityDirectorState Gazette act 25333004 (21-05-2025)Current14-05-2025 → present
Permanent representatives (1)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
-
Accretor BVLegal entityPermanent representative· perm. rep.: Orfea CretskensState Gazette act 25333004 (21-05-2025)Permanent representative14-05-2025 → present
Former directors (1)
-
Orfea CretskensDirectorState Gazette act 25333004 (21-05-2025)Former- → 14-05-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Overige zakelijke dienstverlening, neg(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 24-09-2018 |
| Status | Active |
| Postal code | 3650 |
Structure & network
Connections & network
2 connected companiesGroup structure
Subsidiary · 1 location
→
Network connections
Shared director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
on the map · from the address register
seat.Municipality
exact location from the address register
Establishment units
1 locationCrescecool
since 20182.280.396.160
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,159 m²
Buildings1
Building footprint102 m²
Volume (LiDAR)509 m³
Tallest building8.7 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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. |
|---|---|---|---|---|
| 72032B1037/00D003 | Flanders | 1,159 m² | 1 · 102 m² | 8.7 m · 2 fl. |
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
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
3 acts All acts · 3
updated 1 year ago
2025
21-05-2025 4 directors appointed, 1 resigning
- Accretor BV, Bestuurder
- Orfea Cretskens, Vaste vertegenwoordiger
- Davy Bruijnen, Dagelijks bestuur
- Notaract BV, Dagelijks bestuur
- Orfea Cretskens, Bestuurder
Notary:
Cynthia VAN AENRODE · Luik
2023
03-02-2023 General meeting · Officer resignation · Officer appointment · Permanent representative
- Filing: 2023-01-25 · Dibel NV
- General meeting: 2022-12-28 · Dibel NV
- Officer resignation: 2022-12-28 · Troonpad NV
- Officer resignation: 2022-12-28 · Dominique Lambrecht
- Officer appointment: role: bestuurder, end_date: 2028, start_date: 2022-12-28, end_condition: gewone algemene vergadering die zal worden gehouden in het jaar 2028 (met betrekking tot de goedkeuring van de jaarrekening van de Vennootschap per 30.09.2027) · Orfecorp BV
- Permanent representative · Orfea Cretskens
- Mandate compensation: onbezoldigd · Orfecorp BV
- Power of attorney: date: 2022-12-28, scope: de beslissingen van de algemene vergadering te laten publiceren in de Bijlagen bij het Belgisch Staatsblad en (ii) het dossier bij de KBO aan te passen, granted_by: algemene vergadering, joint_or_several: gezamenlijk of afzonderlijk handelend · Dibel NV
- Power of attorney: date: 2022-12-28, scope: de beslissingen van de algemene vergadering te laten publiceren in de Bijlagen bij het Belgisch Staatsblad en (ii) het dossier bij de KBO aan te passen, granted_by: algemene vergadering, joint_or_several: gezamenlijk of afzonderlijk handelend · Dibel NV
- Board meeting: 2022-12-28 · Dibel NV
- Officer resignation: 2022-12-28 · Troonpad NV
- Officer removal death: date: 2022-12-28, type: withdrawal_of_powers · Troonpad NV
- Officer removal death: date: 2022-12-28, type: withdrawal_of_powers · Jan Dams
- Officer removal death: date: 2022-12-28, type: withdrawal_of_powers · Dominique Lambrecht
- Power of attorney: date: 2022-12-28, scope: de beslissingen van de raad van bestuur te laten publiceren in de Bijlagen bij het Belgisch Staatsblad en (ii) het dossier bij de KBO aan te passen, granted_by: enige bestuurder, joint_or_several: gezamenlijk of afzonderlijk handelend · Dibel NV
- Power of attorney: date: 2022-12-28, scope: de beslissingen van de raad van bestuur te laten publiceren in de Bijlagen bij het Belgisch Staatsblad en (ii) het dossier bij de KBO aan te passen, granted_by: enige bestuurder, joint_or_several: gezamenlijk of afzonderlijk handelend · Dibel NV
- Publication: 2023-02-03
- Act object: Beslissingen bijzondere algemene vergadering en raad van bestuur
Summary:
General meeting · Officer resignation · Officer appointment · Permanent representative
03-02-2023 General meeting · Officer resignation · Officer appointment · Mandate term
- Filing: 2023-01-25 · Catine NV
- General meeting: 2022-12-28 · Catine NV
- Officer resignation: date: 2022-12-28, role: bestuurder · Troonpad NV
- Officer resignation: date: 2022-12-28, role: bestuurder · Dominique Lambrecht
- Officer appointment: date: 2022-12-28, role: bestuurder · Orfecorp BV
- Mandate term: end: 2028, start: 2022-12-28, duration: 6 jaar · Orfecorp BV
- Mandate compensation: onbezoldigd · Orfecorp BV
- Power of attorney: date: 2022-12-28, scope: publiceren in Bijlagen bij het Belgisch Staatsblad en dossier bij de KBO aanpassen, granted_by: algemene vergadering · Catine NV
- Power of attorney: date: 2022-12-28, scope: publiceren in Bijlagen bij het Belgisch Staatsblad en dossier bij de KBO aanpassen, granted_by: algemene vergadering · Catine NV
- Board meeting: 2022-12-28 · Catine NV
- Officer resignation: date: 2022-12-28, role: (gedelegeerd) bestuurder · Troonpad NV
- Officer removal death: date: 2022-12-28, reason: intrekking bevoegdheden · Troonpad NV
- Officer removal death: date: 2022-12-28, reason: intrekking bevoegdheden · Jan Dams
- Officer removal death: date: 2022-12-28, reason: intrekking bevoegdheden · Dominique Lambrecht
- Power of attorney: date: 2022-12-28, scope: publiceren in Bijlagen bij het Belgisch Staatsblad en dossier bij de KBO aanpassen, granted_by: enige bestuurder · Catine NV
- Power of attorney: date: 2022-12-28, scope: publiceren in Bijlagen bij het Belgisch Staatsblad en dossier bij de KBO aanpassen, granted_by: enige bestuurder · Catine NV
- Publication: 2023-02-03
- Act object: Beslissingen bijzondere algemene vergadering en raad van bestuur
- Power of attorney · Catine NV
Summary:
General meeting · Officer resignation · Officer appointment · Mandate term
Analysis
Snowflake analysis
financial profile on 5 axes74
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
64
Profitability
100
Solvency
20
Growth
85
Stability
100
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verdict per customer and amountSimilar
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Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Holdings64200Activiteiten van holdings64210Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameNL | Orfecorp |
Registered office
Kempenstraat 13
3650 Dilsen-Stokkem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.