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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ORSA ADMIN from Marche-en-Famenne, company number BE0890073384, closed financial year 2025 with a result of € 40,138 after tax. For that financial year ORSA ADMIN recorded revenue of € 110,244 and equity of € 101,287. Compared with financial year 2024, the result moved from € 52,429 to € 40,138. The company is profitable. 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 April 30, 2026.
€ 101,287
▲ 66% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,138
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 45,324
▲ 63% 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 € 81,757.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,298
▼ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 806
Supplier invoices still open on the last day of the fiscal year.
€ 572
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 110,303 | € 105,579 | € 120,230 | € 110,244 | ▼ 8% |
| Gross margin | € 85,518 | € 79,000 | € 66,923 | € 54,859 | ▼ 18% |
| Profit after taxes | € 59,877 | € 54,149 | € 52,429 | € 40,138 | ▼ 23% |
| Equity | € 180,278 | € 233,720 | € 61,149 | € 101,287 | ▲ 66% |
| Total debts | € 30,983 | € 50,564 | € 232,032 | € 6,993 | ▼ 97% |
| Cash | € 143,517 | € 39,583 | € 27,787 | € 45,324 | ▲ 63% |
| Retained profit | € 160,562 | € 214,190 | € 41,619 | € 81,757 | ▲ 96% |
| Dividend | € 0 | € 0 | € 225,000 | € 0 | ▼ 100% |
| Balance sheet total | € 211,261 | € 284,284 | € 293,180 | € 108,279 | ▼ 63% |
Key figures of ORSA ADMIN, 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 ORSA ADMIN?
What happened at ORSA ADMIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,138 (▼ 23% vs 2024). Source: NBB ↗
- Françoise JOLLY-de VAUCLEROY became a director. NBB
- Benoit COPPEE stepped down as director. NBB
- Herman Fruytier Finances SCA stepped down as director. NBB
- Benoit COPPEE became a director. NBB
- Herman Fruytier Finances SCA became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Marche-en-Famenne. KBO
In short
From € 59,877 profit in 2022 to € 40,138 profit in 2025.
Paid € 72,059 in corporate taxes since 2022.
Best year ever: 2022, with € 59,877 profit.
Paid out € 225,000 in dividends to the owners in total.
Management
The stake of INVESTSUD, INVESTSUD IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ORSA ADMINBehind ORSA ADMIN is Françoise JOLLY-de VAUCLEROY. The shares are held by INVESTSUD (93.3%) and INVESTSUD IMMO (6.7%). It owns 1.5% of INVESTSUD PARTICIPATIONS itself.
Directors
According to the 2025 annual accounts
since 2025
since 2023 · until 2025
Director · represented by Christophe FRUYTIER
Also active at: INVESTSUD, INVESTSUD IMMO, FINANCIERE DU SUD - EST, Teasio
since 2023 · until 2025
Shareholders
93.3%
6.7%
Participations
Establishments
Establishment units
Physical locations of this company
Marche,Rue de la Plaine 11
6900 Marche-en-Famenne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →ORSA FUND same network
€ 2.6 million revenue · 2025
Agence Prévention et Sécurité
€ 554,251 gross margin · 2025
ORSA IMMO same network
€ -79,283 gross margin · 2025
FINANCIERE DU SUD - EST same network
€ 167,346 revenue · 2025
ORSA PARTS same network
€ -430 gross margin · 2025
+5 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
- 0890.073.384
- VAT number
- BE 0890.073.384
- Registered office
- Marche,Rue de la Plaine 11, 6900 Marche-en-Famenne
- Names & denominations
- ORSA ADMIN
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 14 June 2007
- Peppol
- Active · Active since 12 May 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings