ACTIVE

ORX

Financial year 2025 · closed on 31/10/2025
Net result
2 k €
+111.0% YoY
Gross margin
5,7 k €
+170.6% YoY
Equity
82,2 k €
+2.4% YoY

What does ORX do?

ORX is a Private limited company incorporated in 2011. Its main activity is: Advertising agencies. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0835.420.121
Incorporation
31/03/2011
Legal form
Private limited company
Registered office
Avenue George Bergmann 70 box 3
1050 Ixelles · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
31/10/2025
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin5,7 k €-8,1 k €16,2 k €73,8 k €27,7 k €30,4 k €37,4 k €18,9 k €21 k €4,2 k €82,3 k €90,4 k €29,1 k €6,5 k €
EBITDA4,2 k €-13,8 k €15,3 k €72,4 k €26,2 k €29,9 k €36,8 k €17,4 k €20 k €-33,4 k €13,6 k €14,5 k €12,7 k €5,9 k €
Operating result2,7 k €-16,6 k €12,4 k €66,5 k €21,6 k €25,3 k €32,6 k €14,6 k €16,8 k €-40,1 k €4,8 k €3,3 k €5,6 k €1,6 k €
Net result2 k €-17,8 k €7,7 k €47,1 k €13,8 k €20 k €26,9 k €13,3 k €15,7 k €-42,2 k €658 €229 €2,6 k €152 €
Balance sheet
Equity82,2 k €80,2 k €98 k €90,3 k €49,3 k €35,5 k €25,5 k €10,5 k €-2,8 k €-18,5 k €23,7 k €23 k €22,8 k €10,2 k €
Total assets118,2 k €109,3 k €112,8 k €145,6 k €104,5 k €100 k €73,7 k €36,2 k €52 k €57 k €110,9 k €107,8 k €84,6 k €32,8 k €
Cash34 €5,1 k €8,4 k €76 k €27,9 k €14,5 k €18,3 k €2,8 k €351 €6,6 k €1,2 k €7,3 k €12,3 k €1,5 k €
Debts34,6 k €27,7 k €11,5 k €41,5 k €45,7 k €55 k €38,1 k €25,7 k €52,6 k €75,5 k €85,9 k €61,7 k €41,9 k €22,7 k €
Other
Workforce1,0 ETP2,6 ETP2,8 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/10/2025 · 1 active · 1 ended

Active mandates

Olivier Rousseaux

Director

Active

Ended mandates

Olivier Rousseaux

Manager

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/11/202401/11/202301/11/202201/04/202101/04/202001/04/2019
Closing of the financial year31/10/202531/10/202431/10/202331/10/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months19 months12 months12 months
Filing date29/05/202608/07/202510/06/202412/06/202327/10/202113/11/2020
General meeting22/05/202623/05/202517/05/202419/05/202311/10/202119/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/10/202522/05/202629/05/2026FrenchPDF
Micro model31/10/202423/05/202508/07/2025FrenchPDF
Micro model31/10/202317/05/202410/06/2024FrenchPDF
Micro model31/10/202219/05/202312/06/2023FrenchPDF
Micro model31/03/202111/10/202127/10/2021FrenchPDF
Micro model31/03/202019/10/202013/11/2020FrenchPDF
Micro model31/03/201916/09/201930/10/2019FrenchPDF
Micro model31/03/201817/09/201830/10/2018FrenchPDF
Micro model31/03/201718/09/201731/10/2017FrenchPDF
Abridged model31/03/201619/09/201602/11/2016FrenchPDF
Abridged model31/03/201521/09/201521/10/2015FrenchPDF
Abridged model31/03/201422/09/201422/10/2014FrenchPDF
Abridged model31/03/201318/11/201329/11/2013FrenchPDF
Abridged model31/03/201219/11/201229/11/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/10/2025 · 1 active · 1 ended

Active mandates

Olivier Rousseaux

Director

Active

Ended mandates

Olivier Rousseaux

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/05/2022
    MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Registered office16/12/2016
    SIEGE SOCIAL
    PDF
  • Other22/04/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 20252 k €
  2. 2024
    Annual accounts 2024-17,8 k €
  3. 2023
    Annual accounts 20237,7 k €
  4. 2022
    Annual accounts 202247,1 k €
  5. 2021
    Annual accounts 202113,8 k €
  6. 2020
    Annual accounts 202020 k €
  7. 2019
    Annual accounts 201926,9 k €
  8. 2018
    Annual accounts 201813,3 k €
  9. 2017
    Annual accounts 201715,7 k €
  10. 2016
    Annual accounts 2016-42,2 k €
  11. 2015
    Annual accounts 2015658 €
  12. 2014
    Annual accounts 2014229 €
  13. 2013
    Annual accounts 20132,6 k €
  14. 2012
    Annual accounts 2012152 €
  15. 31/03/2011
    IncorporationPrivate limited company