Skip to content

ORSI Academy

Active
Non-profit associationfounded 201016 years activeProefhoevestraat 12, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0829.147.981
Summary

ORSI Academy has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €785,151. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 68% of 239 sector peers (NACE 72, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Other research and development on natural sciences
NACE 72109
Size
€237,028turnover 2025
Equity
€1.5m
Profit
€785,151
Financial health
95 Excellent Checked score 2025
Bankruptcy probability, 12 months
< 0.1%
Structure
Board
15 members
Accounts 3 days early1 of 12 deeds read
Why 95+ Legal form Non-profit association+ Liquidity: current ratio 2.98, cash €1.1m+ Figures for FY 2025 (filed 28-07-2026)+ Equity €1.5m (74.6% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 72, small)
Financial strength · tick = 2024
Strong
Solvency 100+15
equity 74.6% of total assets
Liquidity 90+42
short-term debt 25.2% · cash 55.4%
Profitability 33+30
return on assets 38.8%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (166 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 2.98 against 1.54 in 2024; short-term debt: 25.2% and cash: 55.4% of total assets), and 25.4% of the assets are financed with debt.
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 72, small): better than 70% on solvency, 87% on liquidity, 40% on profitability and 48% on growth.

The bankruptcy probability was computed on 06-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals.
−lowers risk○neutral
lowers risk · Legal form Non-profit association
KBO
lowers risk · Liquidity: current ratio 2.98, cash €1.1m
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 28-07-2026)
NBB · annual accounts
lowers risk · Equity €1.5m (74.6% of total assets)
NBB · annual accounts
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.5m
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 · 10 filings
Deviation from the deadline
2025
3 days early
2024
75 days early
2023
7 days early
2022
12 days early
2021
31 days late
2020
31 days late
2019
60 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 4 days after the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

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. Usually files around 25 July (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Reappointments: De Greve Patrick, Dejonghe Willem…Permanent representatives: Hoebeke, Herijgers Paul…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Back to profitnet €785,151

Key points

  • Positive: Equity rose in 2025from €747,134 to €1.5m ▲ 102% View
  • Positive: Among the best 17% on net resultsector median €4,111 · 236 companies €785,151 View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Turnover
€237,028
Profit
€785,151
Solvency
74.6%
Turnover▼ 36.5%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €1m
  2. 17-05-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Legal form
Non-profit association
Activity
Other research and development on natural sciencesNACE 72109
Founded
10-09-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.