OPENING OF BANKRUPTCY

ORBIT

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Financial year 2023 · closed on 31/12/2023

Net result

-592,1 k €

+7.9% YoY

Revenue

4,8 M €

+19.3% YoY

Equity

-425,9 k €

-356.4% YoY

Workforce

17,5 ETP

-16.7% YoY

Company — Opening of bankruptcy.

What does ORBIT do?

ORBIT is a Public limited company incorporated in 1989. Its main activity is: Manufacture of electric lighting equipment. Its registered office is in Roeselare. It employs on average 17,5 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0437.507.414

Incorporation

17/04/1989

Legal form

Public limited company

Registered office

Beversesteenweg 565
8800 Roeselare · FlandreSee on map

Contributed capital

162 000,00 €

Latest accounts

31/12/2023

Average workforce

17,5 ETP

Activities (NACE)

27402Manufacture of electric lighting equipment· main 27402Manufacture of electric lighting equipment

Joint committees (2)

14901
218

Signals

Healthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	4,8 M €	+19.3%	4 M €	-30.7%	5,8 M €	+18.2%	4,9 M €	-25.3%	6,6 M €	-8.0%	7,2 M €	-4.4%	7,5 M €	+0.9%	7,4 M €	+2.3%	7,3 M €	-8.5%	7,9 M €	+5.8%	7,5 M €		–		6,9 M €	+39.7%	5 M €	+2.7%	4,8 M €	-9.0%	5,3 M €	+11.2%	4,8 M €	+20.1%	4 M €
EBITDA	-440,5 k €	+19.9%	-549,8 k €	-384%	193,9 k €	+172%	-267,9 k €	-182%	328 k €	+141%	136,3 k €	-80.2%	688,2 k €	-17.9%	838 k €	-26.8%	1,1 M €	-37.0%	1,8 M €	+18.4%	1,5 M €	-34.0%	2,3 M €	+24.2%	1,9 M €	+102%	928 k €	-6.7%	994,9 k €	-26.3%	1,3 M €	+53.4%	879,8 k €	+112%	415,7 k €
Operating result	-499,5 k €	+19.6%	-620,9 k €	-899%	77,7 k €	+121%	-366,9 k €	-338%	154 k €	+2427%	-6,6 k €	-101%	559,9 k €	-8.5%	612,3 k €	-42.8%	1,1 M €	-29.7%	1,5 M €	+5.4%	1,4 M €	-34.4%	2,2 M €	+25.7%	1,8 M €	+102%	869,1 k €	-5.8%	922,7 k €	-28.3%	1,3 M €	+61.0%	798,8 k €	+151%	318,6 k €
Net result	-592,1 k €	+7.9%	-642,6 k €	-1050%	67,6 k €	+117%	-395,3 k €	-767%	59,3 k €	+374%	-21,6 k €	-107%	315,9 k €	+2.2%	309 k €	-45.4%	565,9 k €	-30.7%	816,9 k €	-25.0%	1,1 M €	-34.2%	1,7 M €	+25.8%	1,3 M €	+93.3%	681,4 k €	+3.1%	660,8 k €	-18.8%	813,8 k €	+69.2%	481,1 k €	+152%	191,3 k €
Balance sheet
Equity	-425,9 k €	-356%	166,1 k €	-79.5%	808,8 k €	+9.1%	741,2 k €	-34.8%	1,1 M €	-22.8%	1,5 M €	-22.3%	1,9 M €	+0.8%	1,9 M €	+0.5%	1,9 M €	+43.5%	1,3 M €	-79.9%	6,5 M €	+20.2%	5,4 M €	+35.3%	4 M €	+41.4%	2,8 M €	+23.2%	2,3 M €	+28.7%	1,8 M €	+64.2%	1,1 M €	+54.2%	702,8 k €
Total assets	3,5 M €	+3.8%	3,3 M €	-5.2%	3,5 M €	+1.4%	3,5 M €	-20.9%	4,4 M €	-12.6%	5 M €	+9.4%	4,6 M €	-3.5%	4,8 M €	-7.5%	5,1 M €	-37.0%	8,2 M €	+6.6%	7,6 M €	+9.1%	7 M €	+42.7%	4,9 M €	+37.0%	3,6 M €	+13.5%	3,2 M €	+13.3%	2,8 M €	+7.7%	2,6 M €	+18.7%	2,2 M €
Cash	245,1 k €	-1.0%	247,7 k €	-36.9%	392,7 k €	+59.4%	246,4 k €	-68.5%	783,3 k €	+35.5%	578,1 k €	+41.9%	407,4 k €	-55.9%	923,7 k €	+43.0%	646 k €	-81.1%	3,4 M €	+24.7%	2,7 M €	+26.2%	2,2 M €	+30.3%	1,7 M €	+65.4%	1 M €	+29.8%	776,7 k €	+60.1%	485,2 k €	+130%	210,7 k €	+648%	28,2 k €
Debts	3,8 M €	+22.8%	3,1 M €	+15.0%	2,7 M €	-1.2%	2,7 M €	-15.3%	3,2 M €	-9.7%	3,5 M €	+31.7%	2,7 M €	-6.3%	2,9 M €	-11.3%	3,2 M €	-52.6%	6,8 M €	+493%	1,2 M €	-28.5%	1,6 M €	+74.4%	925 k €	+20.7%	766,1 k €	-12.1%	871,4 k €	-11.1%	980,1 k €	-34.1%	1,5 M €	+1.0%	1,5 M €
Other
Workforce	17,5 ETP	-16.7%	21,0 ETP	-11.8%	23,8 ETP	+33.7%	17,8 ETP	-27.0%	24,4 ETP	-14.1%	28,4 ETP	-2.4%	29,1 ETP	+11.9%	26,0 ETP	+6.6%	24,4 ETP	-3.6%	25,3 ETP	+0.8%	25,1 ETP	+8.7%	23,1 ETP	+29.1%	17,9 ETP	+19.3%	15,0 ETP	-2.0%	15,3 ETP	+2.0%	15,0 ETP	+25.0%	12,0 ETP	+36.4%	8,8 ETP

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 19 ended

Active mandates

MOS

Managing director · since 05 décembre 2014 · until 02 mai 2026 · 0891.977.158

Represented by Filip STAELENS

Active

FILAT

Director · since 01 mai 2014 · until 02 mai 2026 · 0809.334.247

Represented by Peter KLOECK

Active

Ended mandates

FILAT

Director · since 05 décembre 2014 · until 02 mai 2020 · 0809.334.247

Represented by Peter KLOECK

Ended

FILAT

Director · since 05 décembre 2014 · until 02 mai 2026 · 0809.334.247

Represented by Peter KLOECK

Ended

FILAT

Director · since 05 décembre 2014 · 0809.334.247

Represented by Peter KLOECK

Ended

MOS

Managing director · since 05 décembre 2014 · until 02 mai 2020 · 0891.977.158

Represented by Filip STAELENS

Ended

At this address

Other companies at this address

Company	CBE no.
FILAT● Bankrupt	0809.334.247
UMBROSA● Active	0434.309.481
VFMS● Active	0806.901.824

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/10/2024	08/01/2024	17/08/2022	25/08/2021	09/06/2020	28/06/2019
General meeting	08/10/2024	13/11/2023	23/05/2022	25/05/2021	23/05/2020	03/06/2019
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2023	08/10/2024	10/10/2024	Dutch	PDF
Full modelCorrection	31/12/2022	13/11/2023	08/01/2024	Dutch	PDF
Full modelCorrection	31/12/2022	13/11/2023	01/12/2023	Dutch	PDF
Full model	31/12/2022	13/11/2023	13/11/2023	Dutch	PDF
Full model	31/12/2021	23/05/2022	17/08/2022	Dutch	PDF
Full model	31/12/2020	25/05/2021	25/08/2021	Dutch	PDF
Full model	31/12/2019	23/05/2020	09/06/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	04/06/2018	12/07/2018	Dutch	PDF
Full model	31/12/2016	04/06/2017	22/06/2017	Dutch	PDF
Full model	31/12/2015	13/06/2016	31/08/2016	Dutch	PDF
Full model	31/12/2014	23/05/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	07/06/2014	12/06/2014	Dutch	PDF
Abridged model	31/12/2012	04/05/2013	03/06/2013	Dutch	PDF
Abridged model	31/12/2011	05/05/2012	25/05/2012	Dutch	PDF
Abridged model	31/12/2010	07/05/2011	06/06/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	14/05/2010	Dutch	PDF
Abridged model	31/12/2008	02/05/2009	29/05/2009	Dutch	PDF
Abridged model	31/12/2007	03/05/2008	23/05/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	19/06/2007	Dutch	PDF

Estimate

Indicative valuation

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 19 ended

Active mandates

MOS

Managing director · since 05 décembre 2014 · until 02 mai 2026 · 0891.977.158

Represented by Filip STAELENS

Active

FILAT

Director · since 01 mai 2014 · until 02 mai 2026 · 0809.334.247

Represented by Peter KLOECK

Active

Ended mandates

FILAT

Director · since 05 décembre 2014 · until 02 mai 2020 · 0809.334.247

Represented by Peter KLOECK

Ended

FILAT

Director · since 05 décembre 2014 · until 02 mai 2026 · 0809.334.247

Represented by Peter KLOECK

Ended

FILAT

Director · since 05 décembre 2014 · 0809.334.247

Represented by Peter KLOECK

Ended

MOS

Managing director · since 05 décembre 2014 · until 02 mai 2020 · 0891.977.158

Represented by Filip STAELENS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office14/02/2024
MAATSCHAPPELIJKE ZETEL
PDF
Other23/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office22/02/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2014
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2023
Annual accounts 2023-592,1 k €↑
2022
Annual accounts 2022-642,6 k €↓
2021
Annual accounts 202167,6 k €↑
2020
Annual accounts 2020-395,3 k €↓
2019
Annual accounts 201959,3 k €↑
2018
Annual accounts 2018-21,6 k €↓
2017
Annual accounts 2017315,9 k €↑
2016
Annual accounts 2016309 k €↓
2015
Annual accounts 2015565,9 k €↓
2014
Annual accounts 2014816,9 k €↓
2013
Annual accounts 20131,1 M €↓
2012
Annual accounts 20121,7 M €↑
2011
Annual accounts 20111,3 M €↑
2010
Annual accounts 2010681,4 k €↑
2009
Annual accounts 2009660,8 k €↓
2008
Annual accounts 2008813,8 k €↑
2007
Annual accounts 2007481,1 k €↑
2006
Annual accounts 2006191,3 k €
17/04/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ORBIT

Overview

What does ORBIT do?

Trend over 18 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline