Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
ORAC from Sint-Gillis-Waas, company number BE0439593013, closed financial year 2026 with a result of € 1,438 after tax. For that financial year ORAC recorded a gross margin of € 73,452 and equity of € 309,097. Compared with financial year 2025, the result moved from € 17,256 to € 1,438. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ 309,097
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,438
▼ 92% vs 2025
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 302,897.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
€ 87,786
▲ 44% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 106,759
▲ 60% vs 2025
€ 26,968 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,879
▼ 58% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 2,212
▼ 72% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 63,466 | € 83,532 | € 87,298 | € 73,452 | ▼ 16% |
| Profit after taxes | € 6,474 | € 7,306 | € 17,256 | € 1,438 | ▼ 92% |
| Equity | € 283,098 | € 290,404 | € 307,660 | € 309,097 | |
| Total debts | € 156,209 | € 84,993 | € 84,021 | € 114,550 | ▲ 36% |
| Cash | € 1,389 | € 4,065 | € 3,782 | € 0 | ▼ 100% |
| Land & buildings | € 314,661 | € 284,221 | € 317,240 | € 316,779 | |
| Retained profit | € 276,898 | € 284,204 | € 301,460 | € 302,897 | |
| Bank debt | € 114,216 | € 71,617 | € 66,747 | € 106,759 | ▲ 60% |
| Balance sheet total | € 446,140 | € 381,616 | € 397,286 | € 428,639 | ▲ 8% |
Key figures of ORAC, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to ORAC?
What happened at ORAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 1,438 (▼ 92% vs 2025). Source: NBB ↗
- New establishment in Dilbeek. KBO
- New establishment in Sint-Gillis-Waas. KBO
- Dany De Vleeschhauwer became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,474 profit in 2023 to € 1,438 profit in 2026.
Paid € 17,946 in corporate taxes since 2023.
Best year ever: 2025, with € 17,256 profit.
Management
Behind ORAC is Dany De Vleeschhauwer. Dany De Vleeschhauwer is also behind ADVANCED SERVICE PROVIDER.
Directors
According to the 2026 annual accounts
since 1990
Establishments
Establishment units
Physical locations of this company
Smoutstraat(SGW) 21
9170 Sint-Gillis-Waas
Aardbeienstraat 9
1700 Dilbeek
Active since 12 August 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.593.013
- VAT number
- BE 0439.593.013
- Registered office
- Smoutstraat(SGW) 21, 9170 Sint-Gillis-Waas
- Names & denominations
- ORAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 1990
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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