What does ORSA TECH do?

ORSA TECH is a business association in Marche-en-Famenne. Public Limited, started on 14 June 2006, 1 establishment.

What is the address of ORSA TECH?

The registered office of ORSA TECH is located at Marche,Rue de la Plaine 11, 6900 Marche-en-Famenne.

Is ORSA TECH still active?

Yes. According to the CBE (29 October 2026) ORSA TECH is active, legal situation “Normale toestand”, started on 14 June 2006.

Is ORSA TECH registered on Peppol?

Yes, ORSA TECH is registered on the Peppol network with ID 0208:0882104835.

What is the enterprise number of ORSA TECH?

The enterprise number of ORSA TECH is BE0882104835.

When was ORSA TECH founded?

ORSA TECH was founded on 14 June 2006.

Is ORSA TECH a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 June 2006; 4 annual accounts filed, latest fiscal year 2025; 9 directors known from the annual account.

How much profit did ORSA TECH make in 2025?

ORSA TECH posted a profit after taxes of € 3,000,824 in financial year 2025.

What is the revenue of ORSA TECH?

As a small company, ORSA TECH is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 7,359,801.

ORSA TECH (Public Limited) - Marche-en-Famenne

Q: Who are the directors of ORSA TECH?

According to the 2025 annual accounts, the directors of ORSA TECH are: Andrea CIOBANU, Benoit COPPEE, Marc DECHAMPS, Geoffroy JACOBS, Georges COTTIN, INVESTSUD SA, Nadia YAICHE-VERWILGHEN, Marc BREUSKIN.

Dossier ORSA TECH, printed on 29 October 2026 from databakkes.be/en/0882104835/orsa-tech. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

10 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

ORSA TECH from Marche-en-Famenne, company number BE0882104835, closed financial year 2025 with a result of € 3 million after tax. For that financial year ORSA TECH recorded a gross margin of € 7.4 million and equity of € 12.9 million. Compared with financial year 2024, the result moved from € 3.1 million to € 3 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.

What it is worth Growing

€ 12.9 million

▲ 18% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 3 million

▼ 5% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 238,267

▼ 88% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1 million paid out

33 % of the profit went to the shareholders, mostly to Wallonie Entreprendre (50 % of the shares). That is where the money ends up.

Debts at end 2025

Bank debt

€ 23.4 million

▲ 6% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.3 million

▲ 25% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -409,920 Gross margin 2022: € -409,920 First fiscal year in the series	€ 644,194 Gross margin 2023: € 644,194 ▲ € 1.1 million vs 2022 (€ -409,920) Favourable step	€ 4,247,185 Gross margin 2024: € 4,247,185 ▲ € 3.6 million vs 2023 (€ 644,194) Favourable step	€ 7,359,801 Gross margin 2025: € 7,359,801 ▲ 73% vs 2024 (€ 4,247,185) Favourable step	▲ 73%
Profit after taxes	€ -1,111,740 Profit after taxes 2022: € -1,111,740 First fiscal year in the series	€ 754,604 Profit after taxes 2023: € 754,604 ▲ € 1.9 million vs 2022 (€ -1,111,740) Favourable step	€ 3,144,210 Profit after taxes 2024: € 3,144,210 ▲ € 2.4 million vs 2023 (€ 754,604) Favourable step	€ 3,000,824 Profit after taxes 2025: € 3,000,824 ▼ 5% vs 2024 (€ 3,144,210) Unfavourable step	▼ 5%
Equity	€ 7,129,310 Equity 2022: € 7,129,310 First fiscal year in the series	€ 7,843,914 Equity 2023: € 7,843,914 ▲ 10% vs 2022 (€ 7,129,310) Favourable step	€ 10,948,123 Equity 2024: € 10,948,123 ▲ 40% vs 2023 (€ 7,843,914) Favourable step	€ 12,948,947 Equity 2025: € 12,948,947 ▲ 18% vs 2024 (€ 10,948,123) Favourable step	▲ 18%
Total debts	€ 17,367,980 Total debts 2022: € 17,367,980 First fiscal year in the series	€ 20,252,189 Total debts 2023: € 20,252,189 ▲ 17% vs 2022 (€ 17,367,980) Unfavourable step	€ 23,168,525 Total debts 2024: € 23,168,525 ▲ 14% vs 2023 (€ 20,252,189) Unfavourable step	€ 25,737,046 Total debts 2025: € 25,737,046 ▲ 11% vs 2024 (€ 23,168,525) Unfavourable step	▲ 11%
Cash	€ 7,081,255 Cash 2022: € 7,081,255 First fiscal year in the series	€ 4,261,996 Cash 2023: € 4,261,996 ▼ 40% vs 2022 (€ 7,081,255) Unfavourable step	€ 2,063,857 Cash 2024: € 2,063,857 ▼ 52% vs 2023 (€ 4,261,996) Unfavourable step	€ 238,267 Cash 2025: € 238,267 ▼ 88% vs 2024 (€ 2,063,857) Unfavourable step	▼ 88%
Retained profit	€ 6,629,310 Retained profit 2022: € 6,629,310 First fiscal year in the series	€ 7,343,914 Retained profit 2023: € 7,343,914 ▲ 11% vs 2022 (€ 6,629,310) Favourable step	€ 10,448,123 Retained profit 2024: € 10,448,123 ▲ 42% vs 2023 (€ 7,343,914) Favourable step	€ 12,448,947 Retained profit 2025: € 12,448,947 ▲ 19% vs 2024 (€ 10,448,123) Favourable step	▲ 19%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 40,000 Dividend 2023: € 40,000 Unchanged (€ 0) Unchanged	€ 40,000 Dividend 2024: € 40,000 Unchanged (€ 40,000) Unchanged	€ 1,000,000 Dividend 2025: € 1,000,000 ▲ € 960,000 vs 2024 (€ 40,000) Unchanged	▲ € 960,000
Bank debt	€ 17,339,421 Bank debt 2022: € 17,339,421 First fiscal year in the series	€ 19,887,421 Bank debt 2023: € 19,887,421 ▲ 15% vs 2022 (€ 17,339,421) Unfavourable step	€ 22,077,421 Bank debt 2024: € 22,077,421 ▲ 11% vs 2023 (€ 19,887,421) Unfavourable step	€ 23,418,620 Bank debt 2025: € 23,418,620 ▲ 6% vs 2024 (€ 22,077,421) Unfavourable step	▲ 6%
Balance sheet total	€ 24,497,290 Balance sheet total 2022: € 24,497,290 First fiscal year in the series	€ 28,096,102 Balance sheet total 2023: € 28,096,102 ▲ 15% vs 2022 (€ 24,497,290) Unchanged	€ 34,116,648 Balance sheet total 2024: € 34,116,648 ▲ 21% vs 2023 (€ 28,096,102) Unchanged	€ 38,685,993 Balance sheet total 2025: € 38,685,993 ▲ 13% vs 2024 (€ 34,116,648) Unchanged	▲ 13%

Key figures of ORSA TECH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to ORSA TECH?

What happened at ORSA TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 29, 2025 New annual accounts for financial year 2025: profit of € 3 million (▼ 5% vs 2024). Source: NBB ↗
2023 Andrea CIOBANU became a director. NBB
2023 Georges COTTIN became a director. NBB
2023 INVESTSUD SA became a director. NBB
2023 Nadia YAICHE-VERWILGHEN became a director. NBB
2021 Marc DECHAMPS became a director. NBB
2020 Benoit COPPEE became a director. NBB
2018 Marc BREUSKIN became a director. NBB

In short

From € 1.1 million loss in 2022 to € 3 million profit in 2025.

Paid € 2.9 million in corporate taxes since 2022.

Best year ever: 2024, with € 3.1 million profit.

Paid out € 1.1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Wallonie Entreprendre 50%

INVESTSUD SA 50%

ORSA TECH

CURVO 21.1%

OPAL SYSTEMS 14.2%

ATB THERAPEUTICS 14.2%

BIOXODES 14%

+20

Behind ORSA TECH are Andrea CIOBANU, Benoit COPPEE, Marc DECHAMPS, Geoffroy JACOBS, Georges COTTIN and INVESTSUD SA. The shares are held by Wallonie Entreprendre (50%) and INVESTSUD SA (50%). It owns 21.1% of CURVO, 14.2% of OPAL SYSTEMS, 14.2% of ATB THERAPEUTICS, 14% of BIOXODES, 9.7% of AGRICELLS and 8.8% of DEUTERONCOLOGY itself.