OPENING OF BANKRUPTCY

ORFYS

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Financial year 2024 · closed on 30/09/2024

Net result

-958,2 k €

-293.1% YoY

Gross margin

316,9 k €

-80.9% YoY

Equity

684,8 k €

-58.3% YoY

Workforce

5,4 ETP

-18.2% YoY

Company — Opening of bankruptcy.

What does ORFYS do?

ORFYS is a Private limited company incorporated in 1999. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Kruisem. It employs on average 5,4 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0468.340.645

Incorporation

15/12/1999

Legal form

Private limited company

Registered office

Kokerstraat 2
9750 Kruisem · FlandreSee on map

Contributed capital

42 000,00 €

Latest accounts

30/09/2024

Average workforce

5,4 ETP

Activities (NACE)

45201Maintenance and repair of motor vehicles· main 50200Sea and coastal freight water transport 95311Repair of computers and personal and household goods 43350Building completion and finishing 43390Other building completion and finishing 45113Sale of cars and light motor vehicles+10

Joint committees (5)

112
14902
200
201
218

Signals

Good liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	316,9 k €	-80.9%	1,7 M €	+49.0%	1,1 M €	+73.5%	643,5 k €	-23.6%	842,3 k €	+12.9%	746,4 k €	+11.0%	672,5 k €	-37.8%	1,1 M €	+52.3%	710,1 k €	+58.2%	449 k €	-20.8%	566,7 k €	+24.2%	456,3 k €	+56.8%	291 k €	+6.8%	272,5 k €	+35.7%	200,8 k €	+7.9%	186,1 k €	+263%	51,3 k €	+68.8%	30,4 k €
EBITDA	-501,8 k €	-155%	909,7 k €	+42.4%	638,9 k €	+106%	309,7 k €	-24.0%	407,7 k €	+46.4%	278,6 k €	+21.0%	230,2 k €	-52.2%	481,2 k €	+56.0%	308,4 k €	+118%	141,6 k €	-33.9%	214,2 k €	+9.1%	196,3 k €	+1.8%	192,8 k €	+16.0%	166,2 k €	+14.9%	144,6 k €	-14.4%	168,9 k €	+257%	47,3 k €	+245%	13,7 k €
Operating result	-769,3 k €	-212%	689,9 k €	+45.6%	473,7 k €	+213%	151,6 k €	-41.0%	257 k €	+189%	89 k €	+51.6%	58,7 k €	-65.9%	172,3 k €	+15.2%	149,6 k €	+3602%	4 k €	-93.8%	64,9 k €	+49.7%	43,3 k €	-17.9%	52,8 k €	+59.4%	33,1 k €	-45.5%	60,8 k €	-19.9%	75,8 k €	+960%	-8,8 k €	+63.3%	-24 k €
Net result	-958,2 k €	-293%	496,2 k €	+45.1%	342,1 k €	+239%	100,9 k €	-38.9%	165,1 k €	+276%	43,9 k €	+56.6%	28 k €	-73.3%	104,9 k €	+6.5%	98,5 k €	+31.9%	74,7 k €	+356%	16,4 k €	-73.7%	62,3 k €	+34.2%	46,4 k €	+186%	16,2 k €	-66.9%	49 k €	-41.8%	84,2 k €	+2329%	-3,8 k €	+94.1%	-64,1 k €
Balance sheet
Equity	684,8 k €	-58.3%	1,6 M €	+43.3%	1,1 M €	+42.5%	804,8 k €	+14.3%	703,9 k €	+30.6%	538,9 k €	+8.9%	495 k €	+6.0%	466,9 k €	+29.0%	362 k €	+37.4%	263,5 k €	+5.9%	248,8 k €	+3.3%	240,9 k €	+54.9%	155,5 k €	-17.8%	189,1 k €	+10.3%	171,4 k €	+40.0%	122,4 k €	+220%	38,2 k €	+152%	-73,8 k €
Total assets	12,3 M €	+77.0%	7 M €	+120%	3,2 M €	+39.7%	2,3 M €	-7.1%	2,4 M €	+21.7%	2 M €	+17.2%	1,7 M €	+5.5%	1,6 M €	+72.5%	941,6 k €	+14.8%	820,3 k €	-21.3%	1 M €	+9.0%	955,7 k €	+12.5%	849,2 k €	+26.5%	671,4 k €	+23.5%	543,8 k €	+30.0%	418,4 k €	+8.4%	386,2 k €	+67.4%	230,6 k €
Cash	706,1 k €	-44.6%	1,3 M €	+73.5%	734,1 k €	+95.6%	375,3 k €	-32.5%	556 k €	+111%	263,7 k €	+90.9%	138,1 k €	-3.9%	143,7 k €	+96.3%	73,2 k €	-54.7%	161,5 k €	+4.7%	154,2 k €	-7.8%	167,2 k €	+36.3%	122,7 k €	-45.0%	223,2 k €	+33.5%	167,2 k €	+2011%	7,9 k €	+104%	3,9 k €	+2.3%	3,8 k €
Debts	3,4 M €	+45.0%	2,3 M €	+54.1%	1,5 M €	+20.3%	1,3 M €	-16.9%	1,5 M €	+34.5%	1,1 M €	+5.9%	1,1 M €	-0.5%	1,1 M €	+85.2%	579,6 k €	+4.1%	556,9 k €	-29.8%	793 k €	+10.9%	714,8 k €	+3.1%	693,3 k €	+43.8%	482,1 k €	+29.7%	371,6 k €	+25.6%	295,8 k €	-15.0%	347,9 k €	+14.3%	304,5 k €
Other
Workforce	5,4 ETP	-18.2%	6,6 ETP	+32.0%	5,0 ETP	-9.1%	5,5 ETP	-48.1%	10,6 ETP	-1.9%	10,8 ETP	+0.9%	10,7 ETP	-20.1%	13,4 ETP	-4.3%	14,0 ETP	+42.9%	9,8 ETP	-3.9%	10,2 ETP	+13.3%	9,0 ETP	+260%	2,5 ETP	+8.7%	2,3 ETP	+109%	1,1 ETP	+175%	0,4 ETP	+100%	0,2 ETP	-66.7%	0,6 ETP

Governance

Board of directors

Seen on filing of 30/09/2024 · 2 active · 4 ended

Active mandates

Koen Reynvoet

Mandate

Active

Kurt Reynvoet

Mandate

Active

Ended mandates

Koen Reynvoet

Manager · since 16 novembre 2015

Ended

Kurt Reynvoet

Manager · since 16 novembre 2015

Ended

JONATHAN VERNIERS

Manager · since 01 octobre 2004

Ended

SABINE HELDENBERGH

Manager · since 01 octobre 2004

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019	01/10/2018
Closing of the financial year	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020	30/09/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/05/2025	30/04/2024	21/03/2023	15/04/2022	30/04/2021	20/04/2020
General meeting	31/03/2025	31/03/2024	17/03/2023	18/03/2022	19/03/2021	20/03/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2024	31/03/2025	20/05/2025	Dutch	PDF
Abridged model	30/09/2023	31/03/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	17/03/2023	21/03/2023	Dutch	PDF
Abridged model	30/09/2021	18/03/2022	15/04/2022	Dutch	PDF
Abridged model	30/09/2020	19/03/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	20/03/2020	20/04/2020	Dutch	PDF
Abridged model	30/09/2018	15/03/2019	14/04/2019	Dutch	PDF
Abridged model	30/09/2017	16/03/2018	14/04/2018	Dutch	PDF
Abridged model	30/09/2016	17/03/2017	31/03/2017	Dutch	PDF
Abridged model	30/09/2015	18/03/2016	30/03/2016	Dutch	PDF
Abridged model	30/09/2014	20/03/2015	02/04/2015	Dutch	PDF
Abridged model	30/09/2013	21/03/2014	30/04/2014	Dutch	PDF
Abridged model	30/09/2012	15/03/2013	30/04/2013	Dutch	PDF
Abridged model	30/09/2011	16/03/2012	29/05/2012	Dutch	PDF
Abridged model	30/09/2010	18/03/2011	30/03/2011	Dutch	PDF
Abridged model	30/09/2009	19/03/2010	07/04/2010	Dutch	PDF
Abridged model	30/09/2008	20/03/2009	15/05/2009	Dutch	PDF
Abridged model	30/09/2007	21/03/2008	06/05/2008	Dutch	PDF
Abridged model	30/09/2006	16/03/2007	21/03/2007	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 30/09/2024 · 2 active · 4 ended

Active mandates

Koen Reynvoet

Mandate

Active

Kurt Reynvoet

Mandate

Active

Ended mandates

Koen Reynvoet

Manager · since 16 novembre 2015

Ended

Kurt Reynvoet

Manager · since 16 novembre 2015

Ended

JONATHAN VERNIERS

Manager · since 01 octobre 2004

Ended

SABINE HELDENBERGH

Manager · since 01 octobre 2004

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/05/2018
BENAMING - MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares12/01/2016
KAPITAAL - AANDELEN
PDF
Registered office23/12/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/03/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2013
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

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2024
Annual accounts 2024-958,2 k €↓
2023
Annual accounts 2023496,2 k €↑
2022
Annual accounts 2022342,1 k €↑
2021
Annual accounts 2021100,9 k €↓
2020
Annual accounts 2020165,1 k €↑
2019
Annual accounts 201943,9 k €↑
2018
Annual accounts 201828 k €↓
2018
Name changeORFYS
2017
Annual accounts 2017104,9 k €↑
2016
Annual accounts 201698,5 k €↑
2015
Annual accounts 201574,7 k €↑
2014
Annual accounts 201416,4 k €↓
2013
Annual accounts 201362,3 k €↑
2012
Annual accounts 201246,4 k €↑
2011
Annual accounts 201116,2 k €↓
2010
Annual accounts 201049 k €↓
2009
Annual accounts 200984,2 k €↑
2008
Annual accounts 2008-3,8 k €↑
2007
Annual accounts 2007-64,1 k €
2007
Name changeS & J
15/12/1999
IncorporationPrivate 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

ORFYS

Overview

What does ORFYS do?

Trend over 18 financial years

Board of directors

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