ACTIVE

ORSA TECH

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Financial year 2025 · closed on 30/06/2025

Net result

3 M €

-4.6% YoY

Gross margin

7,4 M €

+73.3% YoY

Equity

12,9 M €

+18.3% YoY

What does ORSA TECH do?

ORSA TECH is a Public limited company incorporated in 2006. Its main activity is: Activities of business and employers membership organisations. Its registered office is in Marche-en-Famenne.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0882.104.835

Incorporation

14/06/2006

Legal form

Public limited company

Registered office

Marche,Rue de la Plaine 11
6900 Marche-en-Famenne · WallonieSee on map

Contributed capital

500 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

94110Activities of business and employers membership organisations· main 94110Activities of business and employers membership organisations

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	7,4 M €	+73.3%	4,2 M €	+559%	644,2 k €	+257%	-409,9 k €	-12.6%	-364 k €	+59.8%	-905,3 k €	-14.3%	-792,2 k €	-187%	-276,3 k €	+87.3%	-2,2 M €	-768%	-250,8 k €	-20.4%	-208,3 k €	-4.1%	-200 k €	-2.3%	-195,5 k €	-1.9%	-191,9 k €	+2.5%	-196,8 k €	-1.5%	-193,9 k €	-18.0%	-164,3 k €	-24.9%	-131,6 k €	-4.2%	-126,2 k €
EBITDA	5,7 M €	+39.0%	4,1 M €	+553%	623,4 k €	+250%	-415,2 k €	-15.3%	-360,2 k €	+63.7%	-992,7 k €	-24.1%	-800 k €	-182%	-284,1 k €	+87.0%	-2,2 M €	-747%	-258,9 k €	-23.2%	-210,2 k €	-3.9%	-202,3 k €	-2.0%	-198,4 k €	-2.1%	-194,2 k €	+2.5%	-199,2 k €	-1.8%	-195,6 k €	-17.5%	-166,5 k €	-25.4%	-132,7 k €	-2.8%	-129,2 k €
Operating result	5,5 M €	+34.7%	4,1 M €	+548%	627,4 k €	+282%	-344,2 k €	+4.4%	-360,2 k €	+63.7%	-992,7 k €	-24.1%	-800 k €	-182%	-284,1 k €	+87.0%	-2,2 M €	-747%	-258,9 k €	-23.2%	-210,2 k €	-3.9%	-202,3 k €	-2.0%	-198,4 k €	-2.1%	-194,2 k €	+2.5%	-199,2 k €	-0.1%	-198,9 k €	-19.5%	-166,5 k €	-25.4%	-132,7 k €	-2.8%	-129,2 k €
Net result	3 M €	-4.6%	3,1 M €	+317%	754,6 k €	+168%	-1,1 M €	+31.9%	-1,6 M €	-172%	2,3 M €	+13.5%	2 M €	+187%	-2,3 M €	-127%	8,4 M €	+3974%	-217 k €	-9.4%	-198,4 k €	-55.8%	-127,3 k €	-26.9%	-100,3 k €	-426%	-19,1 k €	+82.7%	-110,1 k €	+26.0%	-148,8 k €	-1357%	11,8 k €	-36.9%	18,8 k €	+477%	3,2 k €
Balance sheet
Equity	12,9 M €	+18.3%	10,9 M €	+39.6%	7,8 M €	+10.0%	7,1 M €	-13.5%	8,2 M €	-16.5%	9,9 M €	+29.0%	7,7 M €	+34.2%	5,7 M €	-28.5%	8 M €	+2161%	-387,2 k €	-128%	-170,1 k €	-701%	28,3 k €	-81.8%	155,6 k €	-39.2%	256 k €	-6.9%	275 k €	-28.6%	385,1 k €	-27.9%	533,8 k €	+2.3%	522 k €	+3.7%	503,2 k €
Total assets	38,7 M €	+13.4%	34,1 M €	+21.4%	28,1 M €	+14.7%	24,5 M €	+7.4%	22,8 M €	-1.6%	23,2 M €	+21.7%	19 M €	+11.3%	17,1 M €	-13.9%	19,9 M €	+124%	8,9 M €	+10.1%	8,1 M €	-2.0%	8,2 M €	+4.0%	7,9 M €	+3.0%	7,7 M €	-6.2%	8,2 M €	-3.9%	8,5 M €	+6.9%	8 M €	+44.2%	5,5 M €	-5.3%	5,8 M €
Cash	238,3 k €	-88.5%	2,1 M €	-51.6%	4,3 M €	-39.8%	7,1 M €	-23.9%	9,3 M €	-26.9%	12,7 M €	+19.8%	10,6 M €	-11.3%	12 M €	-13.6%	13,9 M €	+2069%	639,6 k €	-30.5%	920,4 k €	+273%	247,1 k €	+669%	32,1 k €	-94.2%	555 k €	+492%	93,7 k €	-97.5%	3,7 M €	+14.4%	3,3 M €	+359%	713,1 k €	+21237%	3,3 k €
Debts	25,7 M €	+11.1%	23,2 M €	+14.6%	20,2 M €	+16.5%	17,3 M €	+19.2%	14,6 M €	+9.6%	13,3 M €	+16.8%	11,4 M €	-0.0%	11,4 M €	-4.2%	11,9 M €	+28.4%	9,3 M €	+12.4%	8,2 M €	+0.7%	8,2 M €	+5.8%	7,7 M €	+4.1%	7,4 M €	-6.2%	7,9 M €	-2.3%	8,1 M €	+9.4%	7,4 M €	+47.8%	5 M €	-6.1%	5,3 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 9 active · 34 ended

Active mandates

Andrea CIOBANU

Director · since 01 juin 2023

Active

Georges COTTIN

Director · since 01 juin 2023

Active

Nadia YAICHE-VERWILGHEN

Director · since 01 juin 2023

Active

ORSA FUND

Director · since 01 juin 2023 · 0424.971.945

Active

Marc DECHAMPS

Chairman of the board of directors · since 19 octobre 2021

Active

Benoit COPPEE

Director · since 03 avril 2020

Active

Marc BREUSKIN

Director · since 29 novembre 2018

Active

Françoise JOLLY

Director · since 17 octobre 2017

Active

Geoffroy JACOBS

Director · since 17 octobre 2017

Active

Ended mandates

Cécile CAVALADE

Director · since 01 juin 2023

Ended

Marc SERRES

Director · since 20 octobre 2020 · until 01 juin 2023

Ended

Marc SERRES

Director · since 20 octobre 2020

Ended

Natasha HOLPER

Director · since 29 novembre 2018 · until 01 juin 2023

Ended

At 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 IMMO● Active	0428.036.749
ORSA NEXT● Active	0882.099.588
ORSA PARTS● Active	0661.779.332
U.T. INVESTSUD● Active	0671.656.704

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/10/2025	17/10/2024	30/10/2023	07/11/2022	25/10/2021	27/10/2020
General meeting	21/10/2025	15/10/2024	17/10/2023	18/10/2022	19/10/2021	20/10/2020
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	30/06/2025	21/10/2025	29/10/2025	French	PDF
Abridged model	30/06/2024	15/10/2024	17/10/2024	French	PDF
Abridged model	30/06/2023	17/10/2023	30/10/2023	French	PDF
Abridged model	30/06/2022	18/10/2022	07/11/2022	French	PDF
Abridged model	30/06/2021	19/10/2021	25/10/2021	French	PDF
Abridged model	30/06/2020	20/10/2020	27/10/2020	French	PDF
Abridged model	30/06/2019	15/10/2019	21/10/2019	French	PDF
Abridged model	30/06/2018	29/11/2018	06/12/2018	French	PDF
Abridged model	30/06/2017	17/10/2017	24/10/2017	French	PDF
Abridged model	30/06/2016	18/10/2016	09/11/2016	French	PDF
Abridged model	30/06/2015	20/10/2015	03/11/2015	French	PDF
Abridged model	30/06/2014	21/10/2014	28/10/2014	French	PDF
Abridged model	30/06/2013	15/10/2013	22/10/2013	French	PDF
Abridged model	30/06/2012	16/10/2012	09/11/2012	French	PDF
Abridged model	30/06/2011	18/10/2011	07/11/2011	French	PDF
Abridged model	30/06/2010	19/10/2010	25/10/2010	French	PDF
Abridged model	30/06/2009	20/10/2009	13/11/2009	French	PDF
Abridged model	30/06/2008	21/10/2008	18/11/2008	French	PDF
Abridged model	30/06/2007	16/10/2007	23/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 30/06/2025 · 9 active · 34 ended

Active mandates

Andrea CIOBANU

Director · since 01 juin 2023

Active

Georges COTTIN

Director · since 01 juin 2023

Active

Nadia YAICHE-VERWILGHEN

Director · since 01 juin 2023

Active

ORSA FUND

Director · since 01 juin 2023 · 0424.971.945

Active

Marc DECHAMPS

Chairman of the board of directors · since 19 octobre 2021

Active

Benoit COPPEE

Director · since 03 avril 2020

Active

Marc BREUSKIN

Director · since 29 novembre 2018

Active

Françoise JOLLY

Director · since 17 octobre 2017

Active

Geoffroy JACOBS

Director · since 17 octobre 2017

Active

Ended mandates

Cécile CAVALADE

Director · since 01 juin 2023

Ended

Marc SERRES

Director · since 20 octobre 2020 · until 01 juin 2023

Ended

Marc SERRES

Director · since 20 octobre 2020

Ended

Natasha HOLPER

Director · since 29 novembre 2018 · until 01 juin 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/08/2026
Modification des statuts - changement de dénomination
PDF
Other09/05/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates12/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates18/01/2024
DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates29/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates06/04/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates24/12/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates27/11/2020
DEMISSIONS, NOMINATIONS
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 20253 M €↓
2024
Annual accounts 20243,1 M €↑
2024
Name changeINVESTSUD TECH
2023
Annual accounts 2023754,6 k €↑
2022
Annual accounts 2022-1,1 M €↑
2022
Name changeFinancière Spin-off luxembourgeoise
2021
Annual accounts 2021-1,6 M €↓
2020
Annual accounts 20202,3 M €↑
2019
Annual accounts 20192 M €↑
2018
Annual accounts 2018-2,3 M €↓
2017
Annual accounts 20178,4 M €↑
2016
Annual accounts 2016-217 k €↓
2015
Annual accounts 2015-198,4 k €↓
2014
Annual accounts 2014-127,3 k €↓
2013
Annual accounts 2013-100,3 k €↓
2012
Annual accounts 2012-19,1 k €↑
2011
Annual accounts 2011-110,1 k €↑
2010
Annual accounts 2010-148,8 k €↓
2009
Annual accounts 200911,8 k €↓
2008
Annual accounts 200818,8 k €↑
2007
Annual accounts 20073,2 k €
14/06/2006
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

ORSA TECH

Overview

What does ORSA TECH 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