ORTHO & CO
ActiveThe annual accounts of ORTHO & CO for fiscal year 2024 show a net loss of 73% of total assets and of 80% of the equity at the start of that year. The 2024 annual accounts show equity of €879 and a net result of €-4k. Equity is shrinking by ~39.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 14% of 19907 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-46
Solvency43▼-40
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 19907 sector peers (2024).
NBB · sector comparisonPosition among 19907 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
125 d late
2022
491 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4k
2023 · €253
2022: €2k
2023: €253
2022 → 2024
Working capital
€879▼ 80.3%
2023 · €4k
2022: €4k
2023: €4k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€4k-€4k▲ 6.0%€879▼ 80.3%
Operating result€2k-€646▼ 62.3%€-3k
Net result€2k-€253▼ 85.3%€-4k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €646 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €5k
Equity
€879▼ 80.3%
Debt
€4k▲ 25.1%
The debt ratio rises from 42.1% to 82.2%. Equity is lower and debt is higher.
Key figures and ratios
Debt
€4k▲
2023 · €3k
Debt ≤ 1 year
€4k▲
2023 · €3k
Ratios withheld: a balance sheet total of €5k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€8k€5k▼
Current assets29/58€8k€5k▼
Amounts receivable within one year40/41€3k€3k▼
Trade receivables40€1k€3k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€8k€5k▼
Equity10/15€4k€879▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€2k€-2k▼
Amounts payable17/49€3k€4k▲
Amounts payable within one year42/48€3k€4k▲
Trade debts44€565€4k▲
Suppliers440/4€565€4k▲
Taxes, remuneration and social security45€3k€103▼
Taxes450/3€3k€103▼
Other amounts payable47/48-€76
Income statement
Code20232024
Other operating charges640/8€473€507▲
Gross operating margin9900€1k€-3k▼
Operating profit (loss)9901€646€-3k▼
Financial charges65/66B€15€157▲
Recurring financial charges65€15€157▲
Profit (loss) for the period before taxes9903€631€-4k▼
Income taxes67/77€378-
Profit (loss) for the period9904€253€-4k▼
Profit (loss) for the period to be appropriated9905€253€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-2k▼
Profit (loss) brought forward from the previous period14P€2k€2k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-4k ▼1519%
Net result drops to €-4k, the lowest in the series.
03-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 125 days late
03-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 491 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Egide Winteroystraat 19A1082 Sint-Agatha-BerchemGround area
411 m²
Building footprint
211 m²
Volume, LiDAR
2,289 m³
2 parcels, Brussels · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Egide Winteroystraat 14, 1082 Sint-Agatha-Berchem
since 20222.325.959.337
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0117/00D012 | Brussels | 210 m² | 1 · 103 m² | 15.8 m · 5 fl. |
| 21342B0159/00Y003 | Brussels | 202 m² | 1 · 108 m² | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,689 companies in sector 86951 we hold annual accounts for 2,142. 240 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-2021
Fiscal year end31-12
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.