ORVO
ActiveSummary
ORVO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79k and a net result of €28k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-4
Solvency76▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 2.16 in 2024; short-term debt: 40.9% and cash: 67.1% of total assets), and 49% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 →
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
51%
Return on assets
18.1%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
29 d late
2023
29 d late
2022
30 d late
2021
31 d early
2020
31 d early
2019
90 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
Equity
€79k▲ 19.6%
2024 · €66k
2018: €27k
2019: €31k
2020: €36k
2021: €38k
2022: €43k
2023: €53k
2024: €66k
2018 → 2025
Total assets
€155k▲ 17.4%
2024 · €132k
2018: €33k
2019: €52k
2020: €61k
2021: €63k
2022: €127k
2023: €128k
2024: €132k
2018 → 2025
Net result
€28k▼ 0.4%
2024 · €28k
2018: €-1k
2019: €11k
2020: €15k
2021: €14k
2022: €12k
2023: €22k
2024: €28k
2018 → 2025
Working capital
€63k▲ 32.1%
2024 · €48k
2018: €26k
2019: €29k
2020: €33k
2021: €36k
2022: €25k
2023: €32k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€43k▲ 11.5%€53k▲ 23.7%€66k▲ 24.7%€79k▲ 19.6%
Operating result€19k-€16k▼ 13.7%€31k▲ 88.2%€38k▲ 24.7%€38k▼ 1.7%
Net result€14k-€12k▼ 19.0%€22k▲ 91.4%€28k▲ 26.7%€28k▼ 0.4%
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 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €155k
Fixed assets
€28k ▼ 33.8%
Current assets
€127k ▲ 41.9%
Equity and liabilities €155k
Equity
€79k ▲ 19.6%
Debt
€76k ▲ 15.3%
Debt's share of the balance-sheet total falls from 49.9% to 49.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k▼
2024 · €54k
Cash flow
€43k▼
2024 · €44k
Current ratio
2.00▼
2024 · 2.16
Quick ratio
1.99▼
2024 · 2.15
Debt to equity
0.96▼
2024 · 1.00
ROE
35.4%▼
2024 · 42.5%
ROA
18.1%▼
2024 · 21.3%
Interest coverage
33.22▲
2024 · 30.68
Debt ≤ 1 year
€63k▲
2024 · €41k
Debt > 1 year
€12k▼
2024 · €24k
Income taxes
€9k▼
2024 · €9k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€132k€155k▲
Fixed assets21/28€43k€28k▼
Tangible fixed assets22/27€42k€28k▼
Furniture and vehicles24€42k€28k▼
Financial fixed assets28€50€50=
Current assets29/58€89k€127k▲
Stocks and contracts in progress3€457€457=
Stocks30/36€457€457=
Amounts receivable within one year40/41€36k€19k▼
Trade receivables40€31k€13k▼
Other amounts receivable41€6k€6k▲
Cash at bank and in hand54/58€51k€104k▲
Deferred charges and accrued income490/1€937€3k▲
Equity and liabilities
Total equity and liabilities10/49€132k€155k▲
Equity10/15€66k€79k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€58k€71k▲
Amounts payable17/49€66k€76k▲
Amounts payable after more than one year17€24k€12k▼
Financial debts170/4€24k€12k▼
Amounts payable within one year42/48€41k€63k▲
Current portion of amounts payable after more than one year42€11k€12k▲
Financial debts43€965€1k▲
Credit institutions430/8€965€1k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€10k€29k▲
Taxes450/3€7k€26k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€17k€18k▲
Income statement
Code20242025
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€825€852▲
Non-recurring operating charges66A€3k-
Gross operating margin9900€58k€54k▼
Operating profit (loss)9901€38k€38k▼
Financial income75/76B€149€407▲
Recurring financial income75€149€407▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€37k€37k▼
Income taxes67/77€9k€9k▼
Profit (loss) for the period9904€28k€28k▼
Profit (loss) for the period to be appropriated9905€28k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€86k▲
Profit (loss) brought forward from the previous period14P€45k€58k▲
Profit to be distributed694/7€15k€15k=
Return on contributions (dividend)694€15k€15k=
The notes to these accounts (8 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €28k ▲26.7%
Operating result €38k, net result €28k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2009
Ground area
1,526 m²
Building footprint
60 m²
Volume, LiDAR
522 m³
Parcel 25385E0023/00C000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ORVO
since 20092.177.415.418
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25385E0023/00C000 | Wallonia | 1,526 m² | 1 · 60 m² | 10.2 m · 3 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.
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,593 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 (pre-2019)
Founded16-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:010/41 82 15