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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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Orava from Durbuy, company number BE0690967919, closed financial year 2025 with a result of € -409,745 after tax. For that financial year Orava recorded a gross margin of € -23,517 and equity of € 184,036. Compared with financial year 2024, the result moved from € 45,228 to € -409,745. The company made a loss. The buffer shrank hard: equity is 69 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.
€ 184,036
▼ 69% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -409,745
▼ still € 45,228 profit in 2024
Profit after tax over the fiscal year.
€ 7,898
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.8 million.
People and assets in 2025
2.5
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 184,015
▲ 76% vs 2024
€ 73,600 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.
€ 26,673
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 567,679
▲ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 43,747
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,321
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -12,019 | € -29,737 | € 329,487 | € -23,517 | ▼ € 353,004 |
| Profit after taxes | € -326,732 | € -392,183 | € 45,228 | € -409,745 | ▼ € 454,974 |
| Equity | € 940,735 | € 548,553 | € 593,781 | € 184,036 | ▼ 69% |
| Total debts | € 1,617,995 | € 1,268,590 | € 801,843 | € 906,747 | ▲ 13% |
| Cash | € 153,862 | € 100,206 | € 145,174 | € 7,898 | ▼ 95% |
| Land & buildings | € 2,253,685 | € 1,571,241 | € 1,038,449 | € 1,019,161 | ▼ 2% |
| Retained profit | € -1,059,265 | € -1,451,447 | € -1,406,219 | € -1,815,964 | ▼ € 409,745 |
| Bank debt | € 1,278,000 | € 776,594 | € 540,646 | € 567,679 | ▲ 5% |
| Balance sheet total | € 2,558,730 | € 1,817,143 | € 1,395,625 | € 1,090,782 | ▼ 22% |
| Employees (FTE) | 1.6 | 1.3 | 1.6 | 2.5 | ▲ 0.9 |
Key figures of Orava, 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 Orava?
What happened at Orava in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 409,745 (▼ € 454,974 vs 2024). filed late Source: NBB ↗
- NAXIVAL became a director. NBB
- BLUEBOLD became a director. NBB
- New establishment in Durbuy. KBO
- Start of the company according to the CBE. KBO
In short
From € 326,732 loss in 2022 to € 409,745 loss in 2025.
Best year ever: 2024, with € 45,228 profit.
On average € 205,900 of value added per employee in 2024.
Management
The stake of ARE³, SDA HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OravaBehind Orava are NAXIVAL and BLUEBOLD. The shares are held by ARE³ (100%) and SDA HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bernard VAN BEEK
Also active at: LE SANGLIER DES ARDENNES, SANGLIER DES ARDENNES BY BRU, Adventure Valley Durbuy, Immo Sanglier des Ardennes, DURBUY SHOPPING, LPM2 SPORTHOTEL, GOLF DE DURBUY
since 2024
Director · represented by Benoit BRONCKART
Also active at: LE SANGLIER DES ARDENNES, SANGLIER DES ARDENNES BY BRU, Adventure Valley Durbuy, Immo Sanglier des Ardennes, SDA HOLDING
since 2024
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Rome 1
6940 Durbuy
Rue d'Andenne (Petithan) 20
6940 Durbuy
Active since 1 March 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →SANGLIER DES ARDENNES BY BRU same network
€ 3 million revenue · 2025
AMAZING LAND
€ 66,112 gross margin · 2025
Adventure Valley Durbuy same network
€ 16.2 million revenue · 2025
VOLCANO
€ -2,892 gross margin · 2025
SDA HOLDING same network
€ 4.1 million revenue · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0690.967.919
- VAT number
- BE 0690.967.919
- Registered office
- Rue Rome 1, 6940 Durbuy
- Names & denominations
- Orava
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2018
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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