Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
ORINOCO ART from Gent, company number BE0460398127, closed financial year 2024 with a result of € -259,309 after tax. For that financial year ORINOCO ART recorded a gross margin of € -51,197 and equity of € 2.1 million. Compared with financial year 2023, the result moved from € -87,892 to € -259,309. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.
€ 2.1 million
▼ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -259,309
▼ 195 % more loss than in 2023
Profit after tax over the fiscal year.
€ 255
▼ 69% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -370,384.
People and assets in 2024
€ 705,114
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 742,659
▲ 63% vs 2023
€ 4,595 is repaid this year. At this pace the long-term loan is gone in ≈ 159 years.
€ 10,622
▼ 68% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,944
▲ 15% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 12,437 | € 121,973 | € 18,764 | € -51,197 | ▼ € 69,961 |
| Profit after taxes | € -74,630 | € 39,085 | € -87,892 | € -259,309 | ▼ € 171,417 |
| Equity | € 983,506 | € 1,022,591 | € 2,384,699 | € 2,125,391 | ▼ 11% |
| Total debts | € 489,716 | € 293,823 | € 490,115 | € 755,226 | ▲ 54% |
| Cash | € 266 | € 2,417 | € 824 | € 255 | ▼ 69% |
| Land & buildings | € 580,810 | € 538,014 | € 2,080,328 | € 2,068,057 | ▼ 1% |
| Retained profit | € -62,269 | € -23,184 | € -111,076 | € -370,384 | ▼ € 259,309 |
| Bank debt | € 344,775 | € 280,012 | € 454,811 | € 742,659 | ▲ 63% |
| Balance sheet total | € 1,504,722 | € 1,345,063 | € 2,900,613 | € 2,903,565 |
Key figures of ORINOCO ART, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ORINOCO ART?
What happened at ORINOCO ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 259,309. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 74,630 loss in 2021 to € 259,309 loss in 2024.
Paid € 1,720 in corporate taxes since 2021.
Best year ever: 2022, with € 39,085 profit.
Establishments
Establishment units
Physical locations of this company
Penitentenstraat 4
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.398.127
- VAT number
- BE 0460.398.127
- Registered office
- Penitentenstraat 4, 9000 Gent
- Names & denominations
- ORINOCO ART
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 1997
- Peppol
- Not registered
- Activities · NACE
Detailhandel in antiquiteiten
Organisatie van congressen en beurzen
Activiteiten van interieurarchitecten
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
Diensten verwant aan de scheppende en uitvoerende kunst
Organisatie van salons, tentoonstellingen en beurzen