ACTIVE

Orinoco

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Financial year 2025 · closed on 31/12/2025

Net result

2,1 M €

+932.9% YoY

Gross margin

5,6 M €

+96.4% YoY

Equity

6,6 M €

+47.5% YoY

Workforce

14,3 ETP

-7.1% YoY

What does Orinoco do?

Orinoco is a Public limited company incorporated in 1992. Its registered office is in Antwerpen. It employs on average 14,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.987.867

Incorporation

06/08/1992

Legal form

Public limited company

Registered office

Ledeganckkaai 15 box 202
2000 Antwerpen · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Average workforce

14,3 ETP

Joint committees (4)

139
13900
226
22600

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	5,6 M €	+96.4%	2,9 M €	-4.0%	3 M €	+6.1%	2,8 M €	+89.2%	1,5 M €	+1359%	-118,6 k €	-111%	1,1 M €	+472%	187 k €	-80.0%	936,2 k €	+83.3%	510,7 k €	-33.5%	767,6 k €	+39.5%	550,1 k €	-51.0%	1,1 M €	+23.8%	906,6 k €	+3.5%	876,1 k €	+95.3%	448,6 k €	-20.1%	561,8 k €	-14.4%	656,2 k €	-30.1%	938,7 k €
EBITDA	3,6 M €	+163%	1,4 M €	+2.2%	1,3 M €	-25.7%	1,8 M €	+225%	558,6 k €	+466%	-152,6 k €	-115%	1 M €	+506%	171,9 k €	-80.9%	897,6 k €	+77.4%	505,8 k €	-33.8%	764,1 k €	+40.4%	544,3 k €	-51.1%	1,1 M €	+23.9%	898,7 k €	+3.8%	866,1 k €	+119%	395,4 k €	-21.9%	506,5 k €	-16.7%	608,2 k €	-34.0%	920,8 k €
Operating result	3,3 M €	+2099%	148,2 k €	-59.8%	368,5 k €	-76.1%	1,5 M €	+666%	201,4 k €	+210%	-183,3 k €	-118%	1 M €	+2010%	-53,3 k €	-108%	684,9 k €	+775%	78,3 k €	-77.1%	342 k €	+293%	-177,4 k €	-143%	412,7 k €	+105%	201,3 k €	-21.0%	254,7 k €	+345%	57,2 k €	-64.9%	162,9 k €	-33.9%	246,5 k €	-37.9%	397,2 k €
Net result	2,1 M €	+933%	-255,6 k €	-597%	51,4 k €	-96.7%	1,5 M €	+305%	382 k €	+292%	-198,6 k €	-126%	777,5 k €	+2287%	32,6 k €	-96.8%	1 M €	+687%	129,7 k €	-33.5%	195 k €	-47.1%	368,5 k €	+255%	103,8 k €	+170%	-149,2 k €	-201%	-49,5 k €	-255%	32 k €	+137%	-86,9 k €	-112%	713,8 k €	+442%	131,7 k €
Balance sheet
Equity	6,6 M €	+47.5%	4,5 M €	-5.4%	4,7 M €	+1.1%	4,7 M €	+49.4%	3,1 M €	+3.7%	3 M €	-6.2%	3,2 M €	+31.8%	2,4 M €	+1.4%	2,4 M €	+68.5%	1,4 M €	+10.0%	1,3 M €	+17.6%	1,1 M €	+49.5%	740 k €	+16.3%	636,6 k €	-19.0%	786 k €	-6.0%	835,8 k €	+3.9%	804,1 k €	-9.8%	891,2 k €	+401%	177,8 k €
Total assets	14,5 M €	+19.8%	12,1 M €	-8.7%	13,2 M €	-1.1%	13,4 M €	+26.1%	10,6 M €	+57.1%	6,8 M €	+45.6%	4,6 M €	-20.5%	5,8 M €	-1.2%	5,9 M €	-26.3%	8 M €	-5.4%	8,5 M €	-25.7%	11,4 M €	+6.0%	10,8 M €	-0.6%	10,8 M €	-4.5%	11,3 M €	-0.1%	11,3 M €	+72.5%	6,6 M €	+4.8%	6,3 M €	-22.3%	8,1 M €
Cash	2,1 M €	+985%	195,7 k €	-62.8%	525,9 k €	+490%	89,1 k €	-12.1%	101,3 k €	-90.3%	1 M €	+46.7%	714,1 k €	+1448%	46,1 k €	-58.8%	112,1 k €	+58.2%	70,8 k €	+202%	23,4 k €	-33.3%	35,1 k €	-33.7%	53 k €	-11.5%	59,9 k €	-16.2%	71,4 k €	-89.1%	657,8 k €	+174%	240 k €	+86.5%	128,7 k €	+54.5%	83,3 k €
Debts	6,8 M €	-5.1%	7,2 M €	-11.9%	8,1 M €	-3.1%	8,4 M €	+16.7%	7,2 M €	+126%	3,2 M €	+269%	862,3 k €	-72.5%	3,1 M €	-2.0%	3,2 M €	-42.5%	5,6 M €	-8.8%	6,1 M €	-33.0%	9,1 M €	-7.6%	9,9 M €	-2.1%	10,1 M €	-3.2%	10,4 M €	-0.2%	10,4 M €	+83.4%	5,7 M €	+7.6%	5,3 M €	-31.1%	7,7 M €
Other
Workforce	14,3 ETP	-7.1%	15,4 ETP	-2.5%	15,8 ETP	+17.0%	13,5 ETP	+0.7%	13,4 ETP	+1575%	0,8 ETP	+14.3%	0,7 ETP	-30.0%	1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	-16.7%	1,2 ETP	+20.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 20 ended

Active mandates

Padamo

Managing director · since 16 avril 2026 · until 20 mai 2032 · 1031.056.946

Represented by Dylan Straatman

Active

MORON

Director · since 19 mai 2022 · until 18 mai 2028 · 0829.164.017

Represented by Manuela STRAATMAN

Active

Ended mandates

MARACAY

Managing director · since 19 mai 2022 · until 18 mai 2028 · 0810.211.801

Represented by Everhardus Robert Straatman

Ended

MARACAY

Mandate · since 22 avril 2016 · until 19 mai 2022 · 0810.211.801

Represented by Everhardus Robert Straatman

Ended

MARACAY

Managing director · since 22 avril 2016 · until 19 mai 2022 · 0810.211.801

Represented by Everhardus Robert Straatman

Ended

MARACAY

Mandate · since 22 avril 2016 · until 19 mai 2022 · 0810.211.801

Represented by EVERHARDUS ROBERT STRAATMAN

Ended

At this address

Other companies at this address

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M-AQUATRANS● Active	0470.934.604
MAXNATH● Active	0476.883.375
OLIVERTWIST● Active	0776.409.972
Padamo● Active	1031.056.946
Tahmaseb Invest● Active	0502.658.651
WESLANDS FARM● Bankrupt	0747.517.434

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	28/07/2026	04/06/2025	08/08/2024	14/06/2023	15/06/2022	17/06/2021
General meeting	30/06/2026	15/05/2025	16/05/2024	19/05/2023	19/05/2022	20/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	15/05/2025	04/06/2025	Dutch	PDF
Abridged model	31/12/2023	16/05/2024	08/08/2024	Dutch	PDF
Abridged model	31/12/2022	19/05/2023	14/06/2023	Dutch	PDF
Abridged model	31/12/2021	19/05/2022	15/06/2022	Dutch	PDF
Abridged model	31/12/2020	20/05/2021	17/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/07/2020	07/08/2020	Dutch	PDF
Abridged model	31/12/2018	16/05/2019	18/06/2019	Dutch	PDF
Abridged model	31/12/2017	17/05/2018	15/06/2018	Dutch	PDF
Abridged model	31/12/2016	18/05/2017	16/06/2017	Dutch	PDF
Abridged model	31/12/2015	22/04/2016	19/05/2016	Dutch	PDF
Abridged model	31/12/2014	27/02/2015	16/03/2015	Dutch	PDF
Abridged model	31/12/2013	15/05/2014	12/06/2014	Dutch	PDF
Abridged model	31/12/2012	16/05/2013	07/06/2013	Dutch	PDF
Abridged model	31/12/2011	27/02/2012	16/03/2012	Dutch	PDF
Abridged model	31/12/2010	19/05/2011	20/05/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	03/06/2010	Dutch	PDF
Abridged model	31/12/2008	21/05/2009	25/05/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	29/07/2008	Dutch	PDF
Abridged model	31/12/2006	17/05/2007	14/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

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 31/12/2025 · 2 active · 20 ended

Active mandates

Padamo

Managing director · since 16 avril 2026 · until 20 mai 2032 · 1031.056.946

Represented by Dylan Straatman

Active

MORON

Director · since 19 mai 2022 · until 18 mai 2028 · 0829.164.017

Represented by Manuela STRAATMAN

Active

Ended mandates

MARACAY

Managing director · since 19 mai 2022 · until 18 mai 2028 · 0810.211.801

Represented by Everhardus Robert Straatman

Ended

MARACAY

Mandate · since 22 avril 2016 · until 19 mai 2022 · 0810.211.801

Represented by Everhardus Robert Straatman

Ended

MARACAY

Managing director · since 22 avril 2016 · until 19 mai 2022 · 0810.211.801

Represented by Everhardus Robert Straatman

Ended

MARACAY

Mandate · since 22 avril 2016 · until 19 mai 2022 · 0810.211.801

Represented by EVERHARDUS ROBERT STRAATMAN

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other26/02/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring09/08/2023
DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/06/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates04/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other23/07/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF
Registered office20/08/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/12/2016
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

2025
Annual accounts 20252,1 M €↑
2024
Annual accounts 2024-255,6 k €↓
2023
Annual accounts 202351,4 k €↓
2022
Annual accounts 20221,5 M €↑
2021
Annual accounts 2021382 k €↑
2019
Annual accounts 2019-198,6 k €↓
2018
Annual accounts 2018777,5 k €↑
2017
Annual accounts 201732,6 k €↓
2016
Annual accounts 20161 M €↑
2015
Annual accounts 2015129,7 k €↓
2014
Annual accounts 2014195 k €↓
2013
Annual accounts 2013368,5 k €↑
2012
Annual accounts 2012103,8 k €↑
2011
Annual accounts 2011-149,2 k €↓
2010
Annual accounts 2010-49,5 k €↓
2009
Annual accounts 200932 k €↑
2008
Annual accounts 2008-86,9 k €↓
2007
Annual accounts 2007713,8 k €↑
2006
Annual accounts 2006131,7 k €
06/08/1992
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

Orinoco

Overview

What does Orinoco do?

Trend over 19 financial years

Indicative valuation

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