Financials
- Financial year
- 2025
- Total assets
- €19.2m
- Loss
- -€87,739
- Solvency
- 70.7%
Total assets▲ 24.5%
Net result
20182025
ORSI Services
ActiveSummary
ORSI Services has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.6m and a net result of -€87,739. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 79% of 11,166 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201Activities of head offices NACE 70100
5th fastest staff growth in Merelbeke-Melle1 site
Size
€19.2mtotal assets 2025
- Staff
- 28.9 FTE
- Equity
- €13.6m
- Loss
- -€87,739
Turnover not published (abbreviated format)
Structure
- Largest shareholder
- ORSI ACADEMY · 48.99%
- Board
- 11 members
Auditor: VRC BEDRIJFSREVISORENAccounts 3 days early4 of 7 deeds read
Why 88raises riskLiquidity: current ratio 1.15, cash €598,155Size: 28.9 FTE, total assets €19.2mlowers riskSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 28-07-2026)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Strong
Solvency
96+18
equity 70.7% of total assets
Liquidity
52=
short-term debt 13.2% · cash 3.1%
Profitability
68-1
return on assets -0.5%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.9%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -0.6 percentage points vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025lowest value
10-2025: 0.3%● unchanged vs 09-2025lowest value
11-2025: 0.3%● unchanged vs 10-2025lowest value
12-2025: 0.3%● unchanged vs 11-2025lowest value
01-2026: 0.3%● unchanged vs 12-2025lowest value
02-2026: 0.3%● unchanged vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026lowest value
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▼ -0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €1,150,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.15, compared with 0.78 in 2024, below the usual 1.5; short-term debt: 13.2% and cash: 3.1% of total assets), and 29.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 81% on solvency, 70% on liquidity, 67% on profitability and 91% on growth.
The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
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 €13.6m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
3 days early
2024
16 days early
2023
7 days early
2022
12 days early
2021
31 days late
2020
31 days late
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
- Appointment: MDP HOLDING (director)Permanent representative: Jacques MATHIAS ·…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €10mequity €13.6m ▲65.2%
Key points
- Risk: 6 loss-making years in a rowloss financial year 2025 -€87,739 View
- Caution: Result fell in 2025from -€8,137 to -€87,739 ▼ 978% View
- Caution: Among the weakest 12% on net resultsector median €10,111 · 11,158 companies -€87,739 View
- Flemish supportawarded from 2022 to 2025 €2.8m View
- New directorlatest change 30-06-2026 · 11 in office 1 joined View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
By topic
Board & ownership
- Board
- 11 members
- Largest shareholder
- ORSI ACADEMY · 48.99%
- Auditor
- VRC BEDRIJFSREVISOREN
- ALEXANDRE MOTTRIEDirector
- MAKOMA CONSULTDirector
- Matthieu ChristineDirector
- Mottrie MathieuDirector
- Vanden Berghe JeroenDirector
and 6 other directors
Network & group
- Connected companies
- 8
Timeline
- Events
- 18
- Since
- 2018
- Next accounts
- by 31-07-2027
- 08-08-2025Appointment: VRC Bedrijfsrevisoren (company auditor)
- 15-07-2025Annual accounts filed
- 24-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Renting and operating of own or leased residential…NACE 68201
- Founded
- 30-12-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 39
- Annual meeting
- First Thursday of June at 15:00
- Purpose
- “Het bouwen en ontwikkelen van de nieuwe campus voor het “ORSI center for surgical…” (deed in Dutch)
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