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 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ORAE from Vresse-sur-Semois, company number BE0834184459, closed financial year 2025 with a result of € 22,535 after tax. For that financial year ORAE recorded a gross margin of € 107,536 and equity of € 168,507. Compared with financial year 2024, the result moved from € 21,116 to € 22,535. 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 3, 2026.
€ 168,507
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,535
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 22,737
▼ 28% 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 € 149,507.
People and assets in 2025
€ 8,196
▼ 16% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 33,099
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 187,041
▲ 7% vs 2024
€ 38,883 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 11,765
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,456
▲ 111% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,265 | € 86,913 | € 86,160 | € 107,536 | ▲ 25% |
| Profit after taxes | € 1,470 | € 42,154 | € 21,116 | € 22,535 | ▲ 7% |
| Equity | € 82,702 | € 124,856 | € 145,972 | € 168,507 | ▲ 15% |
| Total debts | € 169,786 | € 225,181 | € 245,369 | € 240,932 | ▼ 2% |
| Cash | € 50,419 | € 34,427 | € 31,721 | € 22,737 | ▼ 28% |
| Land & buildings | € 179,400 | € 275,063 | € 283,962 | € 325,538 | ▲ 15% |
| Retained profit | € 63,702 | € 105,856 | € 126,972 | € 149,507 | ▲ 18% |
| Bank debt | € 94,765 | € 148,333 | € 175,352 | € 187,041 | ▲ 7% |
| Balance sheet total | € 252,488 | € 350,038 | € 391,341 | € 409,438 | ▲ 5% |
Key figures of ORAE, 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 ORAE?
What happened at ORAE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,535 (▲ 7% vs 2024). Source: NBB ↗
- New establishment in Vresse-sur-Semois. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,470 profit in 2022 to € 22,535 profit in 2025.
Paid € 30,152 in corporate taxes since 2022.
Best year ever: 2023, with € 42,154 profit.
Management
Behind ORAE is Miguel MORAIS.
Directors
According to the 2025 annual accounts
Miguel MORAIS
Managing director
Establishments
Establishment units
Physical locations of this company
Rue d'En Haut,Membre 40 box b
5550 Vresse-sur-Semois
Rue d'En Haut,Membre 40 box a
5550 Vresse-sur-Semois
Active since 24 February 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0834.184.459
- VAT number
- BE 0834.184.459
- Registered office
- Rue d'En Haut,Membre 40 bus b, 5550 Vresse-sur-Semois
- Names & denominations
- ORAE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2011
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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