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 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ORBO from Kortemark, company number BE0455319582, closed financial year 2025 with a result of € 589,614 after tax. For that financial year ORBO recorded a gross margin of € 3.9 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 278,139 to € 589,614. Profitable, and profit is growing. 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 July 13, 2026.
€ 4.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 589,614
▲ 112% vs 2024
Profit after tax over the fiscal year.
€ 356,675
▲ € 314,721 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
85 % of the profit went to the shareholders, mostly to Accent (100 % of the shares). That is where the money ends up.
People and assets in 2025
28.2
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▼ 7% vs 2024
€ 71,500 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.
€ 39,938
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.2 million
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 415,443
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,455,789 | € 11,418,310 | € 10,735,908 | - | |
| Gross margin | - | - | - | € 3,946,499 | |
| Profit after taxes | € 1,122,388 | € 706,744 | € 278,139 | € 589,614 | ▲ 112% |
| Equity | € 3,504,119 | € 4,210,863 | € 4,489,002 | € 4,578,617 | ▲ 2% |
| Total debts | € 4,568,882 | € 2,695,245 | € 2,262,500 | € 2,152,220 | ▼ 5% |
| Cash | € 11,811 | € 48,205 | € 41,954 | € 356,675 | ▲ € 314,721 |
| Land & buildings | € 13,774 | € 10,826 | € 7,877 | € 4,929 | ▼ 37% |
| Retained profit | € 1,336,768 | € 2,043,512 | € 2,321,651 | € 2,411,265 | ▲ 4% |
| Dividend | € 0 | € 0 | € 0 | € 500,000 | |
| Bank debt | € 1,320,808 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 8,073,001 | € 6,906,108 | € 6,751,502 | € 6,730,836 | |
| Employees (FTE) | 28.1 | 29.1 | 29.5 | 28.2 | ▼ 1.3 |
Key figures of ORBO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ORBO?
What happened at ORBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Declerck Consulting BV stepped down as director. NBB
- PSS BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 589,614 (▲ 112% vs 2024). Source: NBB ↗
- PSS BV became a director. NBB
- Declerck Consulting BV became a director. NBB
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 589,614 profit in 2025.
Paid € 945,905 in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
On average € 139,900 of value added per employee in 2025.
Management
The stake of Accent comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ORBOThe shares are held by Accent (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ives Declerck
Also active at: Accent, DEJONGHE LABELS AND PACKAGING, Label printing Europe, EXIT 7, Vuye Flexible Packaging, P.Con, Packaging PrintCo, DIGILINCK +1 more
since 2025 · until 2031
Managing director · represented by Philip Slabbinck
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoogledestraat 31B box 2
8610 Kortemark
Hoogledestraat 31 B
8610 Kortemark
Active since 22 July 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
UPCLOUD, FI
Website info
Features
Security
Network
Details
- Company number
- 0455.319.582
- VAT number
- BE 0455.319.582
- Registered office
- Hoogledestraat 31B bus 2, 8610 Kortemark
- Names & denominations
- ORBO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 1995
- Peppol
- Active · Active since 21 Feb 2025
- Contact
- orbo.be
- Activities · NACE
Overige activiteiten op het gebied van drukwerk
Overige drukkerijen