Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
ORBIS from Ieper, company number BE0459220170, closed financial year 2025 with a result of € 1 million after tax. For that financial year ORBIS recorded revenue of € 22.5 million and equity of € 15.7 million. Compared with financial year 2024, the result moved from € 874,156 to € 1 million. 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 9, 2026.
€ 15.7 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 4.4 million
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 15.5 million.
People and assets in 2025
6
Average over the fiscal year, from the social balance sheet.
€ 756,640
▲ 1% vs 2024
€ 126,100 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.
€ 2,575
▼ 45% 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.
€ 2.5 million
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 97,606
▼ 68% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 27,841,267 | € 24,573,876 | € 17,717,735 | € 22,505,881 | ▲ 27% |
| Profit after taxes | € 2,121,257 | € 1,444,952 | € 874,156 | € 1,023,831 | ▲ 17% |
| Equity | € 12,404,313 | € 13,849,265 | € 14,723,422 | € 15,747,252 | ▲ 7% |
| Total debts | € 7,123,238 | € 8,702,614 | € 5,672,088 | € 2,567,883 | ▼ 55% |
| Cash | € 2,401,174 | € 5,867,775 | € 8,676,977 | € 4,353,642 | ▼ 50% |
| Retained profit | € 12,145,884 | € 13,590,836 | € 14,464,993 | € 15,488,823 | ▲ 7% |
| Bank debt | € 3,647,220 | € 4,443,966 | € 2,659,460 | € 0 | ▼ 100% |
| Balance sheet total | € 19,527,551 | € 22,551,879 | € 20,395,509 | € 18,315,136 | ▼ 10% |
| Employees (FTE) | 4.9 | 5.8 | 6 | 6 |
Key figures of ORBIS, 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 ORBIS?
What happened at ORBIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▲ 17% vs 2024). Source: NBB ↗
- Mark P. Fogarty stepped down as director. NBB
- Mark P. Fogarty became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.1 million profit in 2022 to € 1 million profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.1 million profit.
Pays suppliers within 45 days on average.
A new publication or filing at ORBIS? We notify you, reason included.
Follow ORBISDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ORBIS are Brian E. Cothroll, Mark D. Gorzek and Lea Ann Hammen.
Directors
According to the 2025 annual accounts
Brian E. Cothroll
Managing director
Mark D. Gorzek
Managing director
Lea Ann Hammen
Director
Mark P. Fogarty
Director
since 2022 · until 2026
Establishments
Establishment units
Physical locations of this company
Oostkaai 84
8900 Ieper
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
Self-hosted
Hosting
NMM-AS D - 02742 Friedersdorf Hauptstrasse 68, DE
Domain
Domain
orbiseurope.eu
Registrar
RegistryGate GmbH
Website info
Features
Security
Details
- Company number
- 0459.220.170
- VAT number
- BE 0459.220.170
- Registered office
- Oostkaai 84, 8900 Ieper
- Names & denominations
- ORBIS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 1996
- Peppol
- Active · Active since 6 Nov 2025
- Contact
- orbiseurope.eu
- Activities · NACE
Overige groothandel
Niet-gespecialiseerde groothandel
Vervaardiging van kunststoffen in primaire vormen
Vervaardiging van gegolfd papier, golfkarton en verpakkingsmateriaal van papier en karton
Vervaardiging van gegolfd papier en golfkarton en van verpakkingsmateriaal van papier en karton