ORSA IMMO
0428.036.749 · rovalta.com · 22/09/2026
ACTIVE
ORSA IMMO
Financial year 2025 · closed on 31/12/2025
Net result
-15,5 k €
+78.6% YoY
Gross margin
-79,3 k €
+52.5% YoY
Equity
3,1 M €
-0.5% YoY
Overview
What does ORSA IMMO do?
ORSA IMMO is a Public limited company incorporated in 1985. Its main activity is: Financial leasing. Its registered office is in Marche-en-Famenne.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0428.036.749
Incorporation
29/10/1985
Legal form
Public limited company
Registered office
Marche,Rue de la Plaine 11
6900 Marche-en-Famenne · WallonieSee on map
6900 Marche-en-Famenne · WallonieSee on map
Contributed capital
3 718 402,87 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
Solid equityLow riskGood liquidity
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | -79,3 k € | +52.5% | -167 k € | -2.9% | -162,3 k € | -9.3% | -148,5 k € | -76.0% | -84,3 k € | +29.6% | -119,8 k € | -2.0% | -117,5 k € | +2.9% | -121 k € | -36.3% | -88,7 k € | +1.5% | -90,1 k € | -136% | -38,1 k € | +47.9% | -73,2 k € | -5.7% | -69,2 k € | -59.2% | -43,5 k € | -27.3% | -34,2 k € | +2.9% | -35,2 k € | +53.3% | -75,3 k € | -24.8% | -60,3 k € | +15.8% | -71,6 k € | +21.0% | -90,6 k € |
| EBITDA | -81,6 k € | +54.7% | -180,2 k € | -3.0% | -174,9 k € | -9.4% | -159,9 k € | -28.1% | -124,8 k € | +15.3% | -147,4 k € | -2.0% | -144,5 k € | +1.9% | -147,4 k € | +0.0% | -147,4 k € | +11.1% | -165,8 k € | -72.5% | -96,1 k € | +32.2% | -141,8 k € | -0.1% | -141,7 k € | -50.7% | -94 k € | +2.0% | -95,9 k € | +31.0% | -139 k € | -30.0% | -106,9 k € | -4.3% | -102,5 k € | +3.4% | -106 k € | +19.0% | -131 k € |
| Operating result | -81,6 k € | +54.7% | -180,2 k € | -3.0% | -174,9 k € | -9.4% | -159,9 k € | -28.1% | -124,8 k € | +15.3% | -147,4 k € | -2.0% | -144,5 k € | +1.9% | -147,4 k € | +0.0% | -147,4 k € | +11.1% | -165,8 k € | -91.0% | -86,8 k € | +42.5% | -151,1 k € | -6.7% | -141,7 k € | -98.6% | -71,4 k € | +47.8% | -136,6 k € | +36.2% | -214 k € | -100% | -106,9 k € | -4.3% | -102,5 k € | +3.4% | -106 k € | +19.2% | -131,2 k € |
| Net result | -15,5 k € | +78.6% | -72,3 k € | +36.8% | -114,5 k € | -7.1% | -106,9 k € | -40.4% | -76,1 k € | +13.5% | -88,1 k € | -15.6% | -76,2 k € | -16.5% | -65,4 k € | -18.4% | -55,3 k € | +31.5% | -80,6 k € | -155% | 147,7 k € | +414% | 28,7 k € | -50.0% | 57,4 k € | -52.1% | 119,8 k € | -48.1% | 231 k € | +18424% | 1,2 k € | -98.7% | 97,2 k € | -23.6% | 127,2 k € | +59.5% | 79,7 k € | -37.2% | 126,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 3,1 M € | -0.5% | 3,1 M € | -2.3% | 3,2 M € | -3.5% | 3,3 M € | -3.1% | 3,4 M € | -2.2% | 3,5 M € | -2.5% | 3,6 M € | -2.1% | 3,6 M € | -1.8% | 3,7 M € | -1.5% | 3,8 M € | -2.1% | 3,8 M € | +0.2% | 3,8 M € | +0.1% | 3,8 M € | +0.2% | 3,8 M € | -2.1% | 3,9 M € | +0.8% | 3,9 M € | +0.0% | 3,9 M € | -0.1% | 3,9 M € | +2.0% | 3,8 M € | -2.2% | 3,9 M € |
| Total assets | 3,1 M € | -1.1% | 3,1 M € | -2.0% | 3,2 M € | -3.5% | 3,3 M € | -3.2% | 3,4 M € | -2.3% | 3,5 M € | -2.4% | 3,6 M € | -2.3% | 3,7 M € | -1.6% | 3,7 M € | -1.6% | 3,8 M € | -57.7% | 8,9 M € | +60.4% | 5,6 M € | -7.4% | 6 M € | -9.6% | 6,7 M € | -20.0% | 8,3 M € | +7.3% | 7,8 M € | -3.5% | 8 M € | -15.2% | 9,5 M € | +17.2% | 8,1 M € | -4.0% | 8,4 M € |
| Cash | 50,3 k € | -66.0% | 148 k € | +13.7% | 130,2 k € | -93.5% | 2 M € | -11.1% | 2,3 M € | -9.3% | 2,5 M € | +4.4% | 2,4 M € | +4.3% | 2,3 M € | +25.3% | 1,8 M € | +14.0% | 1,6 M € | -75.4% | 6,5 M € | +359% | 1,4 M € | -3.8% | 1,5 M € | -16.4% | 1,8 M € | -44.2% | 3,2 M € | +175% | 1,1 M € | +525% | 183,8 k € | -76.5% | 780,8 k € | +138% | 327,7 k € | -26.3% | 444,7 k € |
| Debts | 729,5 € | -82.5% | 4,2 k € | -17.3% | 5 k € | – | 3,9 k € | +8.5% | 3,6 k € | – | – | – | 19,2 k € | -99.6% | 5,1 M € | +195% | 1,7 M € | -20.8% | 2,2 M € | -23.0% | 2,8 M € | -35.8% | 4,4 M € | +13.5% | 3,9 M € | -6.9% | 4,2 M € | -25.6% | 5,6 M € | +30.7% | 4,3 M € | -5.4% | 4,5 M € | ||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 75 ended
Active mandates
Emmanuel SCHELLEKENS
ActiveJacques DEFER
ActiveOlivier MASSON
ActivePierre BERNES
ActiveFrançoise JOLLY
ActiveActive
Benoit COPPEE
ActiveFabian COLLARD
ActiveActive
Laurence CALOZET
ActiveLaurent LEVAUX
ActiveVINCENT BERGHMANS
ActiveXavier GOEBELS
ActiveEnded mandates
Olivier MASSON
EndedOlivier MASSON
EndedPierre BERNES
EndedPierre BERNES
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Agence Prévention et Sécurité● Active | 0427.472.961 |
A.P.S. Technology● Active | 0837.913.021 |
FINANCIERE DU SUD - EST● Active | 0439.493.340 |
INVESTSUD INNOVATION● Active | 1010.817.994 |
ORSA ADMIN● Active | 0890.073.384 |
ORSA FUND● Active | 0424.971.945 |
ORSA NEXT● Active | 0882.099.588 |
ORSA PARTS● Active | 0661.779.332 |
ORSA TECH● Active | 0882.104.835 |
U.T. INVESTSUD● Active | 0671.656.704 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 08/04/2026 | 31/03/2025 | 10/04/2024 | 26/04/2023 | 28/03/2022 | 30/03/2021 |
| General meeting | 24/03/2026 | 25/03/2025 | 26/03/2024 | 28/03/2023 | 22/03/2022 | 21/03/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 24/03/2026 | 08/04/2026 | French | |
| Abridged model | 31/12/2024 | 25/03/2025 | 31/03/2025 | French | |
| Abridged model | 31/12/2023 | 26/03/2024 | 10/04/2024 | French | |
| Abridged model | 31/12/2022 | 28/03/2023 | 26/04/2023 | French | |
| Abridged model | 31/12/2021 | 22/03/2022 | 28/03/2022 | French | |
| Abridged model | 31/12/2020 | 21/03/2021 | 30/03/2021 | French | |
| Abridged model | 31/12/2019 | 24/03/2020 | 15/04/2020 | French | |
| Abridged model | 31/12/2018 | 26/03/2019 | 03/04/2019 | French | |
| Abridged model | 31/12/2017 | 27/03/2018 | 28/03/2018 | French | |
| Abridged model | 31/12/2016 | 28/03/2017 | 07/04/2017 | French | |
| Abridged model | 31/12/2015 | 22/03/2016 | 04/04/2016 | French | |
| Abridged model | 31/12/2014 | 24/03/2015 | 31/03/2015 | French | |
| Abridged model | 31/12/2013 | 25/03/2014 | 02/04/2014 | French | |
| Abridged model | 31/12/2012 | 26/03/2013 | 22/04/2013 | French | |
| Abridged model | 31/12/2011 | 27/03/2012 | 18/04/2012 | French | |
| Abridged modelCorrection | 31/12/2010 | 22/03/2011 | 12/01/2012 | French | |
| Abridged model | 31/12/2010 | 22/03/2011 | 06/04/2011 | French | |
| Abridged model | 31/12/2009 | 23/03/2010 | 30/03/2010 | French | |
| Abridged model | 31/12/2008 | 24/03/2009 | 06/04/2009 | French | |
| Abridged model | 31/12/2007 | 25/03/2008 | 15/04/2008 | French | |
| Abridged model | 31/12/2006 | 27/03/2007 | 03/05/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 75 ended
Active mandates
Emmanuel SCHELLEKENS
ActiveJacques DEFER
ActiveOlivier MASSON
ActivePierre BERNES
ActiveFrançoise JOLLY
ActiveActive
Benoit COPPEE
ActiveFabian COLLARD
ActiveActive
Laurence CALOZET
ActiveLaurent LEVAUX
ActiveVINCENT BERGHMANS
ActiveXavier GOEBELS
ActiveEnded mandates
Olivier MASSON
EndedOlivier MASSON
EndedPierre BERNES
EndedPierre BERNES
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates31/08/2026Mondification des statuts - changement de dénomination
- Mandates24/04/2025DEMISSIONS, NOMINATIONS
- Mandates12/11/2024DEMISSIONS, NOMINATIONS
- Mandates13/05/2024DEMISSIONS, NOMINATIONS
- Mandates18/01/2024DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates17/10/2023DEMISSIONS, NOMINATIONS
- Mandates28/04/2022DEMISSIONS, NOMINATIONS
- Mandates07/05/2021DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-15,5 k €↑
- 2024Annual accounts 2024-72,3 k €↑
- 2023Annual accounts 2023-114,5 k €↓
- 2023Name changeINVESTSUD IMMO
- 2022Annual accounts 2022-106,9 k €↓
- 2022Name changeLOCINVEST
- 2021Annual accounts 2021-76,1 k €↑
- 2020Annual accounts 2020-88,1 k €↓
- 2019Annual accounts 2019-76,2 k €↓
- 2018Annual accounts 2018-65,4 k €↓
- 2017Annual accounts 2017-55,3 k €↑
- 2016Annual accounts 2016-80,6 k €↓
- 2015Annual accounts 2015147,7 k €↑
- 2014Annual accounts 201428,7 k €↓
- 2013Annual accounts 201357,4 k €↓
- 2012Annual accounts 2012119,8 k €↓
- 2011Annual accounts 2011231 k €↑
- 2010Annual accounts 20101,2 k €↓
- 2009Annual accounts 200997,2 k €↓
- 2008Annual accounts 2008127,2 k €↑
- 2007Annual accounts 200779,7 k €↓
- 2006Annual accounts 2006126,9 k €
- 29/10/1985IncorporationPublic limited company