Orthrus IT Consulting

Active

Private limited companyfounded 20188 yrs activeSint-Annakerkstraat 72, 1081 Koekelberg, BelgiumKBO/BCE: BE 0699.746.617

Summary

The computed 12-month bankruptcy probability of Orthrus IT Consulting is 1.8% (moderate). The 2024 annual accounts show equity of €18k and a net result of €118k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 2024 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

61 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency36▼-4

Growth78▲+26

Track record100

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.05 against 1.08 in 2023; short-term debt: 89.4% and cash: 66.4% of total assets), and 89.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 77

Relative position

BE, all sectors

reference

Sector 77

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

10.6%

Return on assets

70.5%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 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 · 6 filings

Deviation from the deadline

2025

not confirmed

2024

13 d late

2023

2 d late

2022

19 d late

2021

17 d early

2020

29 d early

2019

31 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€18k▲ 74.1%

2023 · €10k

2019: €8k 2020: €8k 2021: €9k 2022: €9k 2023: €10k

2019 → 2024

Total assets

€167k▲ 139%

2023 · €70k

2019: €114k 2020: €107k 2021: €125k 2022: €105k 2023: €70k

2019 → 2024

Net result

€118k▲ 167%

2023 · €44k

2019: €79k 2020: €52k 2021: €44k 2022: €42k 2023: €44k

2019 → 2024

Working capital

€7k▲ 57.4%

2023 · €5k

2019: €6k 2020: €974 2021: €1k 2022: €5k 2023: €5k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€8k-€9k▲ 5.5%€9k▲ 7.0%€10k▲ 11.8%€18k▲ 74.1%

Operating result€68k-€58k▼ 14.4%€55k▼ 5.4%€60k▲ 8.5%€160k▲ 169%

Net result€52k-€44k▼ 15.3%€42k▼ 6.4%€44k▲ 6.0%€118k▲ 167%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 169% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €167k

93.6%

Fixed assets €11k ▲ 87.4%

Current assets €156k ▲ 144%

Equity and liabilities €167k

11%

89.4%

Equity €18k ▲ 74.1%

Debt €149k ▲ 151%

Debt's share of the balance-sheet total rises from 85.4% to 89.4%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€163k▲

2023 · €63k

Cash flow

€120k▲

2023 · €47k

Current ratio

1.05▼

2023 · 1.08

Debt to equity

8.41▲

2023 · 5.84

ROE

663.6%▲

2023 · 433.1%

ROA

70.5%▲

2023 · 63.3%

Interest coverage

30.48▲

2023 · 26.45

Debt ≤ 1 year

€149k▲

2023 · €59k

Income taxes

€37k▲

2023 · €13k

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 · 38 lines

Balance sheet Code20232024

Assets

Total assets20/58€70k€167k▲

Fixed assets21/28€6k€11k▲

Tangible fixed assets22/27€5k€10k▲

Furniture and vehicles24€5k€10k▲

Financial fixed assets28€270€271▲

Current assets29/58€64k€156k▲

Amounts receivable within one year40/41€16k€44k▲

Trade receivables40€16k€44k▲

Cash at bank and in hand54/58€47k€111k▲

Deferred charges and accrued income490/1€1k€1k▲

Equity and liabilities

Total equity and liabilities10/49€70k€167k▲

Equity10/15€10k€18k▲

Contributions10/11€8k€8k=

Profit (loss) carried forward14€2k€10k▲

Amounts payable17/49€59k€149k▲

Amounts payable within one year42/48€59k€149k▲

Trade debts44€1k€7k▲

Suppliers440/4€1k€7k▲

Taxes, remuneration and social security45€10k€30k▲

Taxes450/3€10k€30k▲

Other amounts payable47/48€48k€113k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼

Other operating charges640/8€1k€2k▲

Non-recurring operating charges66A-€625

Gross operating margin9900€64k€165k▲

Operating profit (loss)9901€60k€160k▲

Financial income75/76B€31-

Recurring financial income75€31-

Financial charges65/66B€2k€5k▲

Recurring financial charges65€2k€5k▲

Profit (loss) for the period before taxes9903€57k€155k▲

Income taxes67/77€13k€37k▲

Profit (loss) for the period9904€44k€118k▲

Profit (loss) for the period to be appropriated9905€44k€118k▲

Appropriation of the result

Profit (loss) to be appropriated9906€45k€120k▲

Profit (loss) brought forward from the previous period14P€1k€2k▲

Profit to be distributed694/7€43k€110k▲

Return on contributions (dividend)694€43k€110k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 2Filings 6

2025

13-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 13 days late

2024

31-12

Financial Highest result since 2019net €118k ▲167%

Operating result €160k, net result €118k, both a record.

02-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 2 days late

2023

19-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 19 days late

2022

31-12

Financial Weakest financial yearnet €42k ▼6.4%

Net result drops to €42k, the lowest in the series; recovery starts the following year.

14-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

02-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

30-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Koekelberg · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Sint-Annakerkstraat 721081 Koekelberg

Ground area

3,286 m²

Building footprint

299 m²

Volume, LiDAR

4,309 m³

2 parcels, Brussels · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Klaterboslaan 16, 1070 Anderlecht

Computer programming, consultancy and related activities

since 20182.278.085.679

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21308H0322/00D000	Brussels	3,217 m²	1 · 236 m²	16.5 m · 5 fl.
21492B0242/00D009	Brussels	69 m²	1 · 63 m²	15.6 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

SIT CONSULTING & FINANCE

Verviers · Eq €15,457

IMOGENE

BE 0876.158.834

Tournai · Eq €11,727

ACCOUNTANT SERVICES & FACILITIES

BE 0680.871.506

Lille · Eq €11,500

Of 174 companies in sector 77330 we hold annual accounts for 109. 47 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

Founded09-07-2018

Fiscal year end31-12

Activities, NACEBEL 2025

77330Rental and leasing activities

62900Other information technology and computer services

62200Computer consultancy and computer facilities management

63910Web portal activities

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.