Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
ORFYS from Kruisem, company number BE0468340645, closed financial year 2024 with a result of € -958,221 after tax. For that financial year ORFYS recorded a gross margin of € 316,895 and equity of € 684,787. Compared with financial year 2023, the result moved from € 496,161 to € -958,221. The company made a loss. The buffer shrank hard: equity is 58 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2025.
€ 684,787
▼ 58% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -958,221
▼ still € 496,161 profit in 2023
Profit after tax over the fiscal year.
€ 706,130
▼ 45% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 642,786.
People and assets in 2024
5.4
▼ 1.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 368,520
▲ 14% vs 2023
€ 68,200 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.
€ 527,075
▼ 34% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.3 million
▲ 18% vs 2023
€ 253,903 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2 million
▲ 97% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 47,471
▼ 43% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 643,508 | € 1,116,170 | € 1,663,464 | € 316,895 | ▼ 81% |
| Profit after taxes | € 100,865 | € 342,061 | € 496,161 | € -958,221 | ▼ € 1.5 million |
| Equity | € 804,786 | € 1,146,847 | € 1,643,008 | € 684,787 | ▼ 58% |
| Total debts | € 1,467,240 | € 2,027,081 | € 5,328,459 | € 11,651,431 | ▲ 119% |
| Cash | € 375,326 | € 734,141 | € 1,273,518 | € 706,130 | ▼ 45% |
| Land & buildings | € 322,000 | € 315,359 | € 354,117 | € 325,999 | ▼ 8% |
| Retained profit | € 762,786 | € 1,104,847 | € 1,601,008 | € 642,786 | ▼ 60% |
| Bank debt | € 632,938 | € 774,096 | € 1,137,370 | € 1,337,741 | ▲ 18% |
| Balance sheet total | € 2,272,026 | € 3,173,928 | € 6,971,467 | € 12,336,218 | ▲ 77% |
| Employees (FTE) | 5.5 | 5 | 6.6 | 5.4 | ▼ 1.2 |
Key figures of ORFYS, 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 30 April 2026.
What happened to ORFYS?
What happened at ORFYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ORFYS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 958,221 (▼ € 1.5 million vs 2023). filed late Source: NBB ↗
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 100,865 profit in 2021 to € 958,221 loss in 2024.
Paid € 316,459 in corporate taxes since 2021.
Best year ever: 2023, with € 496,161 profit.
On average € 58,700 of value added per employee in 2024.
Establishments
Establishment units
Physical locations of this company
Kokerstraat 2
9750 Kruisem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.340.645
- VAT number
- BE 0468.340.645
- Registered office
- Kokerstraat 2, 9750 Kruisem
- Names & denominations
- ORFYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 15 December 1999
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Overige werkzaamheden in verband met de afwerking van gebouwen
Opslag
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in groenten en fruit
Diensten voor personenvervoer op aanvraag per voertuig met chauffeur
+4