Equity
€1.2m ▲ 26.4%
ORTEC BELGIUM has made a profit without a break since 2014.
ORTEC BELGIUM
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1997Turnoverpeak €9.6m (2023)
€8.9m▼ 7.4%
Resultlowest -€150,464 (2013)
€258,367▲ 8.1%
Equitypeak €1.2m (2024)
€1.2m▲ 26.4%
Debts
€1.3m▼ 8.3%
Staffpeak 45.3 FTE (2023)
40.7 FTE▼ 10.2%
Board6 names since 2010
2 directorsORTEC OPTIMIZATION TECHNOLOGY B.V. and 1 other
Owners3 names in the annual accounts
consolidatesOrtec International BV and 1 other
Documentsfilings and deeds
23-06-202538 days before the deadline
2024financial year
Staff from 45.3 FTE to 40.7 FTE1 director resigning 22-10Permanent representatives: Ellemarie BEX and Melissa CARTON 23-05Equity from €978,493 to €1.2mCash from €111,642 to €221,606
Key points
from the 2024 annual accountsFilings
28 annual accounts 97 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
At the same address
25 companies
Checked score
55
Fair
Financially stronger than 40% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
About 5 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 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.2 percentage points vs 09-2026highest value
11-2026: 0.5%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 26-06-2025)
Size: turnover €8.9m, 40.7 FTE, total assets €2.5m
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Founded in 1997
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 (NACE 70, small). It does better than 47% of them on solvency, 24% on liquidity, 37% on profitability and 53% on growth.
The bankruptcy probability was computed on 05-11-2026 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 31-12-2024.
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, 20,136 companies had the same profile as ORTEC BELGIUM has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of ORTEC BELGIUM itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 20,136 companies, not a prediction for ORTEC BELGIUM. 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 €65,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.15 (1.88 in 2023), above the usual 1.5. Short-term debt is 45.7% and cash 8.8% of total assets. However, 50.9% 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
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
38 days early
2023
57 days early
2022
32 days early
2021
33 days early
2020
5 days early
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 30 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Board and ownership
OO
ORTEC OPTIMIZATION TECHNOLOGY B.V.
Director, since 01-11-2010
- Ortec International BV consolidatesannual accounts 2024
- Ortec Optimization Technology BV consolidatesannual accounts 2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0460265889
1 director appointed, 1 statutory auditor appointed, 1 resignation
Appointments: Georgios SARIGIANNIDIS and GRANT THORNTON BEDRIJFSREVISOREN BV (statutory auditor) · Resignation: KPMG BEDRIJFSREVISOREN BV (statutory auditor) · Permanent representatives: Gregory DESMET and Kurt DEMEULENEERE · Board meeting of 05-02-2026 · Gazette deed
Permanent representative: Kurt DEMEULENEERE
General meeting of 14-04-2025 · Gazette deed
1 director resigning
KEPLER BV · Permanent representatives: Jan VANDENHOUT, Niels TAILLEUR and Siemon VERBURGT · General meeting of 19-09-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| ORTEC BELGIUM Boortmeerbeek | €8.9m | 3.8% | 49.1% | 40.7 |
| BMATIX Kontich | €7.5m | 7.3% | 30.0% | 43.7 |
| ROSSEL FINANCE Brussels | €5.9m | -5.3% | -6.2% | 46.2 |
| FARM-FRITES SALES OFFICE Lommel | €4.3m | 5.6% | 56.4% | 46.7 |
| Ayming Belgium Machelen (Brab.) | €7.6m | 12.3% | 5.2% | 43.4 |
| CONSULTES Leuven | €5.1m | 15.6% | 69.9% | 26.8 |
| THREON Ghent | €13.0m | 1.4% | 11.2% | 57 |
Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ORTEC BELGIUM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.7m and €4.6m, founded between 1993 and 2007.
Official details
Source: KBO- Status
- Active since 24-03-1997Normal situation
- Registered office
- 26 active companies are registered at this addressSource: KBO register, as of 5 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.082.029.6753190 Boortmeerbeek, since 30-05-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2024
- Total assets
- €2.5m▲ 6.7%
- Employeeson 31-12-2024
- 40▼ 11.1%
- Filing
- Filed on 23-06-2025
Insights on ORTEC BELGIUM
ORTEC BELGIUM has existed since 1997. Turnover grew from €3.3m in 2010 to €8.9m in 2024 and staff from 23.6 to 40.7 full-time equivalents.
Solvency rose in 2024 from 41.5% to 49.1% because of the retained profit.
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 ORTEC BELGIUM
- What is the company number of ORTEC BELGIUM?
- The company number of ORTEC BELGIUM is 0460.265.889. The VAT number is the same number with BE in front: BE 0460.265.889.
- Where is ORTEC BELGIUM based?
- The registered office is at Leuvensesteenweg 350, 3190 Boortmeerbeek.Company details
- What does ORTEC BELGIUM do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ORTEC BELGIUM?
- ORTEC BELGIUM is a private limited company (BV).
- When was ORTEC BELGIUM founded?
- ORTEC BELGIUM was founded on 24-03-1997.
- Is ORTEC BELGIUM still active?
- Yes, ORTEC BELGIUM is an active enterprise in the KBO register.
- How many employees does ORTEC BELGIUM have?
- ORTEC BELGIUM had an average of 40.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does ORTEC BELGIUM fall under?
- In its 2024 annual accounts, ORTEC BELGIUM states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ORTEC BELGIUM?
- The turnover of ORTEC BELGIUM was €8.9m in financial year 2024, according to the filed annual accounts.
- Is ORTEC BELGIUM profitable?
- In financial year 2024, ORTEC BELGIUM made a profit of €258,367.
- Where can I find the annual accounts of ORTEC BELGIUM?
- ORTEC BELGIUM filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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