ORINOCON
ActiveSummary
ORINOCON has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €18k. Equity is growing by ~54.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
93
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 4.44 against 5.51 in 2023; short-term debt: 19.8% and cash: 45.4% of total assets), and 19.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-03-2025, 126 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
126 d early
2023
106 d early
2022
41 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 45.9%
2023 · €38k
2022: €14k
2023: €38k
2022 → 2024
Total assets
€69k▲ 56.5%
2023 · €44k
2022: €27k
2023: €44k
2022 → 2024
Net result
€18k▼ 25.8%
2023 · €25k
2022: €10k
2023: €25k
2022 → 2024
Working capital
€47k▲ 69.6%
2023 · €28k
2022: €11k
2023: €28k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€14k-€38k▲ 168%€56k▲ 45.9%
Operating result€13k-€33k▲ 141%€25k▼ 22.1%
Net result€10k-€25k▲ 147%€18k▼ 25.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69k
Fixed assets
€8k ▼ 18.2%
Current assets
€61k ▲ 79.1%
Equity and liabilities €69k
Equity
€56k ▲ 45.9%
Debt
€14k ▲ 122%
Debt's share of the balance-sheet total rises from 13.9% to 19.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k▼
2023 · €34k
Cash flow
€21k▼
2023 · €26k
Current ratio
4.44▼
2023 · 5.51
Debt to equity
0.25▲
2023 · 0.16
ROE
33.0%▼
2023 · 64.9%
ROA
26.4%▼
2023 · 55.8%
Interest coverage
35.39▼
2023 · 54.16
Debt ≤ 1 year
€14k▲
2023 · €6k
Income taxes
€7k▼
2023 · €8k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€44k€69k▲
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€10k€8k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€7k€5k▼
Current assets29/58€34k€61k▲
Amounts receivable after more than one year29€11k€11k▲
Other amounts receivable291€11k€11k▲
Amounts receivable within one year40/41€10k€17k▲
Trade receivables40€10k€12k▲
Other amounts receivable41-€6k
Cash at bank and in hand54/58€13k€31k▲
Deferred charges and accrued income490/1€464€759▲
Equity and liabilities
Total equity and liabilities10/49€44k€69k▲
Equity10/15€38k€56k▲
Contributions10/11€5k€5k=
Reserves13€33k€51k▲
Distributable reserves133€33k€51k▲
Amounts payable17/49€6k€14k▲
Amounts payable within one year42/48€6k€14k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€924€869▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€109€118▲
Gross operating margin9900€34k€28k▼
Operating profit (loss)9901€33k€25k▼
Financial income75/76B€596€645▲
Recurring financial income75€596€645▲
Financial charges65/66B€633€802▲
Recurring financial charges65€633€802▲
Profit (loss) for the period before taxes9903€33k€25k▼
Income taxes67/77€8k€7k▼
Profit (loss) for the period9904€25k€18k▼
Profit (loss) for the period to be appropriated9905€25k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€18k▼
Transfer to equity691/2€24k€17k▼
To other reserves6921€24k€17k▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €25k ▲147%
Operating result €33k, net result €25k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 5.51
Current ratio from 1.93 to 5.51; short-term debt falls from €12k to €6k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Edegem · 1 establishment unit since 2022
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.
Prins Boudewijnlaan 3512650 EdegemGround area
691 m²
Building footprint
137 m²
Volume, LiDAR
965 m³
Parcel 11013A0030/00N021, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ORINOCON
since 20222.327.299.422
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0030/00N021 | Flanders | 691 m² | 1 · 137 m² | 10.8 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 959 EUR awarded · 959 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 959 EUR | 959 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,365 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
78100Employment placement agencies
85599Other education
95100Repair and maintenance of computers and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.