Financials
Financial year 2026
ORBID from Merelbeke, company number BE0463174208, closed financial year 2026 with a result of € 7,271 after tax. For that financial year ORBID recorded revenue of € 54.6 million and equity of € 14.4 million. Compared with financial year 2025, the result moved from € -20,859 to € 7,271. 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 October 13, 2026.
€ 14.4 million
▲ 75% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,271
▲ still € 20,859 loss in 2025
Profit after tax over the fiscal year.
€ 9.4 million
▲ 49% 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 € 14 million.
People and assets in 2026
183.9
▲ 45.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 17.1 million
▲ 48% vs 2025
€ 93,000 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.
€ 121,821
▼ 5% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 4.7 million
▲ 73% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 3.9 million
▲ 44% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 28,128,934 | € 30,368,129 | € 31,461,335 | € 54,600,341 | ▲ 74% |
| Profit after taxes | € 1,723,221 | € 493,480 | € -20,859 | € 7,271 | ▲ € 28,130 |
| Equity | € 7,756,499 | € 8,249,978 | € 8,229,120 | € 14,395,836 | ▲ 75% |
| Total debts | € 6,358,954 | € 7,320,826 | € 6,469,464 | € 10,947,419 | ▲ 69% |
| Cash | € 6,623,965 | € 6,188,345 | € 6,330,132 | € 9,424,602 | ▲ 49% |
| Retained profit | € 7,356,499 | € 7,849,978 | € 7,829,120 | € 13,975,836 | ▲ 79% |
| Balance sheet total | € 14,392,923 | € 15,723,032 | € 14,847,295 | € 25,467,217 | ▲ 72% |
| Employees (FTE) | 128.7 | 133.8 | 138.3 | 183.9 | ▲ 45.6 |
Key figures of ORBID, 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 ORBID?
What happened at ORBID in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Vieijra stepped down as director. NBB
- Maarten Van der Biest stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 7,271. Source: NBB ↗
- Alberto Mariani stepped down as director. NBB
- Stephen Palmer stepped down as director. NBB
- Paul Vieijra became a director. NBB
- New establishment in Nivelles. KBO
- Stephen Palmer became a director. NBB
In short
From € 1.7 million profit in 2023 to € 7,271 profit in 2026.
Paid € 1.5 million in corporate taxes since 2023.
Best year ever: 2023, with € 1.7 million profit.
Pays suppliers within 45 days on average.
Management
The shares are held by RICOH BELGIUM (100%).
Directors
According to the 2026 annual accounts
Paul Vieijra
Director
Also active at: LYRECO BELGIUM, RICOH BELGIUM, LYRECO BENELUX, Ricoh Capital Belgium
since 2025 · until 2031
Alberto Mariani
Director
since 2020 · until 2026
Stephen Palmer
Director
since 2024 · until 2026
Maarten Van der Biest
Director
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Guldensporenpark 29 box C
9820 Merelbeke
Guldensporenpark 29 C
9820 Merelbeke
Active since 4 May 1998
Drukkerijstraat 11
9240 Zele
Active since 22 November 2013
Liesdonk 5
2440 Geel
Active since 18 April 2016
Rue de la Technique 15
1400 Nivelles
Active since 1 April 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.174.208
- VAT number
- BE 0463.174.208
- Registered office
- Guldensporenpark 29 bus C, 9820 Merelbeke
- Names & denominations
- ORBID
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 1998
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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