ORS- Espace Libre
ActiveSummary
ORS- Espace Libre has been active since 1953 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159k and a net result of €2k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 67% of 524 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-25
Solvency83▲+1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.85 against 2.77 in 2024; short-term debt: 32.5% and cash: 16.5% of total assets), and 41.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 88
Relative position
BE, all sectors
reference
Sector 88
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.1%
Return on assets
0.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €159k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
33 d late
2024
7 d early
2023
3 d early
2022
47 d late
2021
7 d late
2020
16 d late
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 93.0%
2024 · €27k
2018: €15k
2019: €13k
2020: €-70k
2021: €-2k
2022: €24k
2023: €5k
2024: €27k
2018 → 2025
Working capital
€164k▲ 0.9%
2024 · €163k
2018: €155k
2019: €153k
2020: €92k
2021: €109k
2022: €155k
2023: €137k
2024: €163k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€130k▲ 20.6%€133k▲ 2.3%€158k▲ 18.7%€159k▲ 0.7%
Operating result€-2k-€25k€5k▼ 79.9%€25k▲ 412%€391▼ 98.5%
Net result€-2k-€24k€5k▼ 78.3%€27k▲ 412%€2k▼ 93.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 98% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €273k
Fixed assets
€21k ▼ 4.9%
Current assets
€253k ▼ 0.7%
Equity and liabilities €273k
Equity
€159k ▲ 0.7%
Provisions
€25k =
Debt
€89k ▼ 4.3%
Debt's share of the balance-sheet total falls from 33.8% to 32.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1k▼
2024 · €28k
Cash flow
€3k▼
2024 · €30k
Current ratio
2.85▲
2024 · 2.77
Debt to equity
0.56▼
2024 · 0.59
ROE
1.2%▼
2024 · 17.2%
ROA
0.7%▼
2024 · 9.8%
Interest coverage
4.40▼
2024 · 81.59
Debt ≤ 1 year
€89k▼
2024 · €92k
Income taxes
€793▼
2024 · €858
Staff costs
€765k▼
2024 · €776k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€276k€273k▼
Fixed assets21/28€22k€21k▼
Tangible fixed assets22/27€22k€21k▼
Land and buildings22€22k€21k▼
Current assets29/58€255k€253k▼
Amounts receivable within one year40/41€153k€200k▲
Trade receivables40€60€450▲
Other amounts receivable41€153k€200k▲
Cash at bank and in hand54/58€97k€45k▼
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€276k€273k▼
Equity10/15€158k€159k▲
Contributions10/11€180k€180k=
Capital10€180k€180k=
Reserves13€35k€36k▲
Profit (loss) carried forward14€-59k€-58k▲
Investment grants15€2k€825▼
Provisions and deferred taxes16€25k€25k=
Provisions for liabilities and charges160/5€25k€25k=
Major repairs and maintenance162€25k€25k=
Amounts payable17/49€93k€89k▼
Amounts payable within one year42/48€92k€89k▼
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€78k€84k▲
Taxes450/3€129-
Remuneration and social security454/9€78k€84k▲
Accrued charges and deferred income492/3€1k€686▼
Income statement
Code20242025
Non-recurring operating income76A-€4k
Goods, raw materials, services and sundry goods60/61€100k€53k▼
Remuneration, social security and pensions62€776k€765k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€50-
Gross operating margin9900€806k€769k▼
Operating profit (loss)9901€25k€391▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€342€329▼
Recurring financial charges65€342€329▼
Profit (loss) for the period before taxes9903€28k€3k▼
Income taxes67/77€858€793▼
Profit (loss) for the period9904€27k€2k▼
Profit (loss) for the period to be appropriated9905€27k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-57k▼
Profit (loss) brought forward from the previous period14P€-51k€-59k▼
From contributions791-€4k
To contributions691€35k€5k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 33 days late
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €27k ▲412%
Operating result €25k, net result €27k, both a record.
31-12
Financial
Equity above €150kEq €158k ▲18.7%
3 profitable years in a row build equity to €158k.
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 47 days late
2022
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
07-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 7 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Weakest financial yearnet €-70k ▼649%
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
18-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 18 days late
2017
17-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Charleroi · 1 establishment unit since 1953
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.
Rue Léon Bernus 276000 CharleroiGround area
167 m²
Building footprint
76 m²
Volume, LiDAR
910 m³
Parcel 52011B0239/00L084, Wallonia · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ORS Espace Libre
since 19532.156.640.590
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011B0239/00L084 ProtectedArchitectural ensemble |
Wallonia | 167 m² | 1 · 76 m² | 15.7 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 33 entries · 1,930,883 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 9 | 634,180 EUR |
| 2024 | 9 | 616,669 EUR |
| 2023 | 13 | 662,410 EUR |
| 2021 | 2 | 17,625 EUR |
Budget allocations
Subventions aux services agréés pour l'aide psychologique
Subventions aux services agréés pour l'aide sociale
Subventions pour des projets particuliers d'opérateurs actifs dans les secteurs
Formation à la gestion des urgences collectives
Subventions aux services agréés pour l'aide au lien
Show 1 more
Dépenses relatives à l'accompagnement des victimes d'urgences collectives dans le cadre du livre 8 du décret du 5 octobre 2023 introduisant le Code de la justice communautaire
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Of 2,203 companies in sector 88999 we hold annual accounts for 802. 605 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 formNon-profit association
Founded26-10-1953
Fiscal year end31-12
Activities, NACEBEL 2025
88999Other social work without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.