Bankrupt · Opening faillissement (CBE)
ORBIT logo

ORBIT

BE0437507414

Rechtspersoon Public limited company 2 establishments

ORBIT is registered with the CBE as active in: Vervaardiging van verlichtingsapparaten. Public Limited, started on 17 April 1989, 2 establishments.

Beversesteenweg 565, 8800 Roeselare orbit-lighting.com

Start date

17 April 1989

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 44 % of short-term debt in 2023; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 23.8 to 17.5.

  • Figures corrected NBB

    Corrected annual account filed for 2022.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

ORBIT from Roeselare, company number BE0437507414, closed financial year 2023 with a result of € -592,065 after tax. For that financial year ORBIT recorded revenue of € 4.8 million and equity of € -425,922. Compared with financial year 2022, the result moved from € -642,643 to € -592,065. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2024.

What it is worth Caution

€ -425,922

▼ € 592,065 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -592,065

▲ 8 % less loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 245,120

▼ 1% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -587,922.

People and assets in 2023

Full-time equivalents

17.5

▼ 3.5 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.2 million

▲ 5% vs 2022

€ 70,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 34,495

▲ 252% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 3 years to go

€ 2 million

▲ 3% vs 2022

€ 92,593 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 740,264

▲ 34% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.

Taxes and wages

€ 135,067

▼ 2% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue € 5,811,174 € 4,029,561 € 4,806,990 ▲ 19%
Profit after taxes € 67,634 € -642,643 € -592,065 ▲ € 50,578
Equity € 808,786 € 166,143 € -425,922 ▼ € 592,065
Total debts € 2,710,469 € 3,170,952 € 3,890,689 ▲ 23%
Cash € 392,719 € 247,693 € 245,120 ▼ 1%
Retained profit € 646,786 € 4,143 € -587,922 ▼ € 592,065
Bank debt € 1,649,294 € 1,896,234 € 1,956,074 ▲ 3%
Balance sheet total € 3,519,256 € 3,337,094 € 3,464,766 ▲ 4%
Employees (FTE) 23.8 21 17.5 ▼ 3.5

Key figures of ORBIT, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to ORBIT?

What happened at ORBIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

ORBIT is active according to the CBE. Legal situation: Opening faillissement.

  • MOS stepped down as director. NBB
  • FILAT stepped down as director. NBB
  • New annual accounts for financial year 2023: loss of € 592,065. filed late Source: NBB ↗
  • MOS became a director. NBB
  • FILAT became a director. NBB
  • New establishment in Roeselare. KBO
  • New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
  • Start of the company according to the CBE. KBO

In short

From € 67,634 profit in 2021 to € 592,065 loss in 2023.

Paid € 3,062 in corporate taxes since 2021.

Best year ever: 2021, with € 67,634 profit.

Pays suppliers within 68 days on average.

Management

MOS NV 99.7%
ORBIT
MOS 0.1%

The shares are held by MOS NV (99.7%). It owns 0.1% of MOS itself.

Directors

According to the 2023 annual accounts

MOS

Managing director · represented by Filip STAELENS

since 2014 · until 2026

FILAT

Director · represented by Peter KLOECK

Owns 99.7% via MOS NV

Also active at: MOS

since 2014 · until 2026

Shareholders

MOS NV · holding of FILAT

99.7%

Participations

MOS

0.1%

Establishments

Establishment units

Physical locations of this company

Registered office

Beversesteenweg 565

8800 Roeselare

2.043.956.284

Gelaagstraat 53A

9150 Beveren-Kruibeke-Zwijndrecht

Active since 3 July 1989

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

AngularCloudflare CDNFont AwesomePHPWordPressYoast SEO

Hosting & Email

Hosting

CLOUDFLARENET - Cloudflare, Inc., US

DNS

Cloudflare DNS

Domain

Domain

orbit-lighting.com

Registered

2026-01-22

Registrar

Gname 128 Inc

Expires

2027-01-22

Website info

HTTPS Ja
Languages EN

Features

Webshop

Security

✓ HTTPS
✗ SPF
✗ DMARC

Network

✓ IPv6
✓ Load balancing

Details

Company number
0437.507.414
VAT number
BE 0437.507.414
Registered office
Beversesteenweg 565, 8800 Roeselare
Names & denominations
ORBIT
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
17 April 1989
Peppol
Not registered
Activities · NACE

Vervaardiging van verlichtingsapparaten

Frequently asked questions

What does ORBIT do?
ORBIT is registered with the CBE as active in: Vervaardiging van verlichtingsapparaten. Public Limited, started on 17 April 1989, 2 establishments.
What is the address of ORBIT?
The registered office of ORBIT is located at Beversesteenweg 565, 8800 Roeselare.
Is ORBIT still active?
No. The CBE lists ORBIT with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is ORBIT registered on Peppol?
No, ORBIT is currently not registered on the Peppol network.
What is the enterprise number of ORBIT?
The enterprise number of ORBIT is BE0437507414.
When was ORBIT founded?
ORBIT was founded on 17 April 1989.