Equity
€1.4m ▼ 16.5%
ORTHOPON paid out €484,536 in dividends. That is 239% of the 2025 profit.
ORTHOPON
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €550,993 (2024)
€455,703▼ 17.3%
peak €300,647 (2024)
€202,500▼ 32.6%
peak €1.7m (2024)
€1.4m▼ 16.5%
€941,589▲ 65.0%
peak 1 FTE (2017)
-not published
Board1 name since 2019
1 directorPonseele Michel
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Gross margin from €550,993 to €455,703Result from €300,647 to €202,500Share issue · Amendment of the articles 21-11Registered office moved from Menen to Kortrijk 24-03Dividend €484,536Equity from €1.7m to €1.4m
Key points
from the 2025 annual accountsResult
€202,500 ▼ 32.6%
The result fell in 2025 from €300,647 to €202,500.
Turnover
≈ €910,000 estimated
The micro format states no turnover.
Staff
1 employees on 30-09-2025
In 2025, 1 person joined and nobody left.
Liquidity
4.09 was 1.54 in 2024
Short-term debts fell from €159,365 to €75,497.
Filings
25 annual accounts since 2001
The last five annual accounts were filed 0 to 35 days before the end of the period.
Checked score
92
Excellent
Financially stronger than 60% of small companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.3%▲ +0.2 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.4%▲ +0.1 percentage points vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%▲ +0.2 percentage points vs 04-2026highest value
06-2026: 0.1%▼ -0.6 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Founded in 2000
lowers risk
Size: total assets €2.4m
Figures for financial year 2025 (filed on 06-05-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small). It does better than 53% of them on solvency, 85% on liquidity, 87% on profitability and 13% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as ORTHOPON has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ORTHOPON itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for ORTHOPON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.09 (1.54 in 2024), above the usual 1.5. Short-term debt is 3.1% and cash 10.9% of total assets. 40.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
35 days early
2023
1 day early
2022
9 days early
2021
2 days early
2020
17 days early
2019
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 13 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Share issue · Amendment of the articles
Issue of 92 shares · General meeting of 06-11-2025 · Gazette deed
Registered office moved from Menen to Kortrijk
New registered office: Minister Liebaertlaan 59C bus 051 te 8500 Kortrijk · Previous registered office: Wijk Ten Dale 1A te 8930 Menen · Board meeting of 01-01-2025 · Gazette deed
Capital decrease of €435,699 to €297,000
Capital from €732,699 to €297,000 · Change of role: Ponseele Michel, from manager to director · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 14-11-2019 · Gazette deed
First establishment
Minister Liebaertlaan 59C, Kortrijk
Official details
Source: KBO- Status
- Active since 04-08-2000Normal situation
- Activity
- “Het creëren van een juridisch kader binnen dewelke de specialisatie orthodontie binnen de tandheelkunde…” (deed in Dutch)From the articles, 28 activitiesNo NACE code in the KBO yet
- Joint committee
- 330Health institutions and services · annual accounts 30-09-2025
- Establishment unit
- 2.101.007.0338500 Kortrijk, since 25-10-2000
- Financial year end
- 30 September
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-09-2025
- €2.4m▲ 3.8%
- Employeeson 30-09-2025
- 1
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on ORTHOPON
ORTHOPON files the micro format. That format states no turnover. The gross margin rose from €62,177 in 2006 to €455,703 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ORTHOPON
- What is the company number of ORTHOPON?
- The company number of ORTHOPON is 0472.533.421. The VAT number is the same number with BE in front: BE 0472.533.421.
- Where is ORTHOPON based?
- The registered office is at Minister Liebaertlaan 59C, 8500 Kortrijk.Company details
- What is the legal form of ORTHOPON?
- ORTHOPON is a private limited company (BV).
- When was ORTHOPON founded?
- ORTHOPON was founded on 04-08-2000.
- Is ORTHOPON still active?
- Yes, ORTHOPON is an active enterprise in the KBO register.
- How many employees does ORTHOPON have?
- ORTHOPON had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ORTHOPON fall under?
- In its 30-09-2025 annual accounts, ORTHOPON states joint committee 330 (Health institutions and services).
- What is the turnover of ORTHOPON?
- The turnover in financial year 2025 is ≈ €910,000. This figure is estimated from the gross margin of €455,703 and 879 comparable companies of the same size. It probably lies between €640,000 and €1.3m. It is a rough estimate.
- Is ORTHOPON profitable?
- In financial year 2025, ORTHOPON made a profit of €202,500.
- Where can I find the annual accounts of ORTHOPON?
- ORTHOPON filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ORTHOPON due?
- ORTHOPON must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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