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ORTHO.PROGRESS

Active Public limited companyfounded 1994active for 32 yearsOude Ieperstraat 26/28, 8560 WevelgemKBO/BCE: BE 0451.871.035 #7 oldest company in Wevelgem, Health and social work sector

Lifetime

19 annual accounts with figures on one time axis, 31 filings since 1995
peak €550,620 (2019)
€1,348▼ 99.5%
lowest -€58,278 (2025)
-€58,278▼ €178,118
peak €1.1m (2024)
€1.0m▼ 5.3%
€14,537▼ 54.4%
peak 4 FTE (2013)
-not published
Board3 names since 2019
3 directorsEmmy Nollet and 2 others
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from €254,807 to €1,348Loss of €58,278Publication in the Belgian Official Gazette 09-04Debts from €31,864 to €14,537

Key points

from the 2025 annual accounts

Result

-€58,278 -€58,278
€120,0002024-€58,3002025

From profit to loss in 2025, after a profit of €119,839 in 2024.

Liquidity

49.10 was 22.89 in 2024

Short-term debts fell from €31,864 to €14,537.

Position in the sector

-€58,278

Lower net result than 95% of companies in human health. Sector median €60,070 · 20,754 companies.

Checked score

94
Excellent
Financially stronger than 53% of micro companies in human health (NACE 86)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 24,185 companies (NACE 86, micro).

Fewer than 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 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.2%▲ +0.2 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.4%▲ +0.2 percentage points vs 01-2026highest value 03-2026: < 0.1%▼ -0.4 percentage points 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: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 98.6% of total assets
100=short-term debt 1.4% · cash 41.0%
12-70return on assets -5.6%

Score breakdown

raises risk
1 change of registered office in 24 months
Loss of €58,278 (financial year 2025)
lowers risk
Sector: Human health activities (NACE 86)
Liquidity: current ratio 49.10, cash €430,731
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 86, micro). It does better than 82% of them on solvency, 95% on liquidity, 4% on profitability and 30% 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 30-06-2025.

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, 8,617 companies had the same profile as ORTHO.PROGRESS has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ORTHO.PROGRESS 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 8,617 companies, not a prediction for ORTHO.PROGRESS. 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 €95,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 49.1 (22.89 in 2024), above the usual 1.5. Short-term debt is 1.4% and cash 41% of total assets. 1.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Human health activities (NACE 86)
KBO
raises risk · Loss of €58,278 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 49.10, cash €430,731
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
on the day
2023
on the day
2022
4 days early
2021
3 days early
2020
3 days early
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

FN
Managing director
MV
Managing director
EN
Director
Board & ownership

Recent changes

2 directors appointed, 3 reappointments Reappointments: Filip Nollet, Monique Vandaele and Emmy Nollet · Appointments: Filip Nollet (managing director) and Monique Vandaele (managing director) · General meeting of 27-01-2026 · Gazette deed
Publication in the Belgian Official Gazette Gazette deed
Registered office moved from Kortrijk to Wevelgem New registered office: Oude leperstraat 24/26 8560 Wevelgem (Gullegem) · Previous registered office: Koning Albertstraat 31, 8500 Kortrijk · Board meeting of 07-12-2023 · Gazette deed
3 directors reappointed Monique Vandaele (managing director), Filip Nollet (managing director) and Emmy Nollet · General meeting of 04-12-2019 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
ORTHO.PROGRESS Wevelgem €1.0m €1,348 98.6% -
CHACADENT Grobbendonk €0.8m -€6,714 86.9% -
TANDARTSPRAKTIJK GOOS Tienen €0.7m €1,130 38.7% -
APPLIANCE Ottignies-Louvain-la-Neuve €0.6m -€1,861 97.4% -
BERDEN Luc L.T.H. Tongeren-Borgloon €0.5m €1,755 88.0% -
CABINET DENTAIRE URBAIN-TRAIGNEE Fontaine-l'Evêque €0.4m -€34,246 59.2% -
B. SMEERS Bilzen-Hoeselt €0.4m -€698 78.5% -

These companies have the same main activity as ORTHO.PROGRESS: dental practice (NACE 86230). They are comparable in size and age: total assets between €424,000 and €837,000, founded between 1988 and 2004.

Official details

Source: KBO
Status
Active since 14-01-1994Normal situation
Activity
Dental practiceNACE 86230
Establishment unit
2.065.483.6538560 Wevelgem, since 09-02-1994
Financial year end
30 June
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-06-2025

≈ €8,500estimated
€1.0m▼ 6.7%
Filing
Filed on 29-01-2026, 2 days before the end of the filing period
Financials

Insights on ORTHO.PROGRESS

ORTHO.PROGRESS files the micro format. That format states no turnover. The gross margin fell from €217,056 in 2007 to €1,348 in 2025.

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 ORTHO.PROGRESS

What is the company number of ORTHO.PROGRESS?
The company number of ORTHO.PROGRESS is 0451.871.035. The VAT number is the same number with BE in front: BE 0451.871.035.
Where is ORTHO.PROGRESS based?
The registered office is at Oude Ieperstraat 26/28, 8560 Wevelgem.Company details
What does ORTHO.PROGRESS do?
According to the KBO register, the main activity is dental practice (NACE 86230).
What is the legal form of ORTHO.PROGRESS?
ORTHO.PROGRESS is a public limited company (NV).
When was ORTHO.PROGRESS founded?
ORTHO.PROGRESS was founded on 14-01-1994.
Is ORTHO.PROGRESS still active?
Yes, ORTHO.PROGRESS is an active enterprise in the KBO register.
How many employees does ORTHO.PROGRESS have?
ORTHO.PROGRESS had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of ORTHO.PROGRESS?
The turnover in financial year 2025 is ≈ €8,500. This figure is estimated from the gross margin of €1,348 and 47 comparable companies (NACE 86). It probably lies between €5,700 and €14,000. It is a rough estimate.
Is ORTHO.PROGRESS profitable?
In financial year 2025, ORTHO.PROGRESS made a loss of €58,278.
Where can I find the annual accounts of ORTHO.PROGRESS?
ORTHO.PROGRESS filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ORTHO.PROGRESS due?
ORTHO.PROGRESS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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