ORTHO VDS
ActiveSummary
ORTHO VDS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €350k and a net result of €89k. Equity is growing by ~55.5% per year across the filed fiscal years. Its solvency ranks better than 20% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-3
Solvency45▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 0.75 in 2024; short-term debt: 6.2% and cash: 4.6% of total assets), and 79.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.1%
Return on assets
5.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 16546 sector peers (2025).
NBB · sector comparisonPosition among 16546 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
14 d early
2024
17 d early
2023
30 d early
2022
31 d late
2021
22 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€350k▲ 24.6%
2024 · €281k
2020: €39k
2021: €75k
2022: €122k
2023: €242k
2024: €281k
2020 → 2025
Total assets
€1.74M▼ 2.3%
2024 · €1.78M
2020: €240k
2021: €421k
2022: €803k
2023: €1.98M
2024: €1.78M
2020 → 2025
Net result
€89k▼ 32.0%
2024 · €131k
2020: €22k
2021: €38k
2022: €50k
2023: €122k
2024: €131k
2020 → 2025
Working capital
€44k
2024 · €-33k
2020: €57k
2021: €-27k
2022: €67k
2023: €-34k
2024: €-33k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€75k-€122k▲ 63.4%€242k▲ 98.2%€281k▲ 16.1%€350k▲ 24.6%
Operating result€60k-€73k▲ 22.4%€179k▲ 143%€195k▲ 9.3%€144k▼ 26.1%
Net result€38k-€50k▲ 32.0%€122k▲ 144%€131k▲ 7.7%€89k▼ 32.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.74M
Fixed assets
€1.59M ▼ 5.6%
Current assets
€152k ▲ 55.0%
Equity and liabilities €1.74M
Equity
€350k ▲ 24.6%
Debt
€1.39M ▼ 7.3%
Debt's share of the balance-sheet total falls from 84.2% to 79.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€262k▼
2024 · €307k
Cash flow
€206k▼
2024 · €243k
Current ratio
1.41▲
2024 · 0.75
Debt to equity
3.97▼
2024 · 5.34
ROE
25.4%▼
2024 · 46.6%
ROA
5.1%▼
2024 · 7.4%
Interest coverage
9.06▼
2024 · 10.04
Debt ≤ 1 year
€107k▼
2024 · €131k
Debt > 1 year
€1.27M▼
2024 · €1.36M
Income taxes
€28k▼
2024 · €40k
Staff costs
€44k▲
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.78M€1.74M▼
Fixed assets21/28€1.68M€1.59M▼
Tangible fixed assets22/27€1.68M€1.59M▼
Land and buildings22€1.63M€1.55M▼
Plant, machinery and equipment23€20k€17k▼
Furniture and vehicles24€32k€18k▼
Financial fixed assets28€2k€2k=
Current assets29/58€98k€152k▲
Amounts receivable after more than one year29€0€52k▲
Other amounts receivable291€0€52k▲
Amounts receivable within one year40/41€8k€9k▲
Trade receivables40€5k€0▼
Other amounts receivable41€3k€9k▲
Cash at bank and in hand54/58€82k€80k▼
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.78M€1.74M▼
Equity10/15€281k€350k▲
Contributions10/11€19k€19k=
Reserves13€262k€331k▲
Distributable reserves133€262k€331k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.50M€1.39M▼
Amounts payable after more than one year17€1.36M€1.27M▼
Financial debts170/4€1.36M€1.27M▼
Other amounts payable178/9€1k€0▼
Amounts payable within one year42/48€131k€107k▼
Current portion of amounts payable after more than one year42€100k€85k▼
Financial debts43€7k€4k▼
Credit institutions430/8€7k€4k▼
Trade debts44€16k€8k▼
Suppliers440/4€16k€8k▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€0€2k▲
Remuneration and social security454/9€8k€7k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€10k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€40k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€117k▲
Other operating charges640/8€2k€6k▲
Gross operating margin9900€349k€311k▼
Operating profit (loss)9901€195k€144k▼
Financial income75/76B€6k€2k▼
Recurring financial income75€6k€2k▼
Non-recurring financial income76B€0-
Financial charges65/66B€31k€29k▼
Recurring financial charges65€31k€29k▼
Profit (loss) for the period before taxes9903€170k€117k▼
Income taxes67/77€40k€28k▼
Profit (loss) for the period9904€131k€89k▼
Profit (loss) for the period to be appropriated9905€131k€89k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€89k▼
Transfer from equity791/2€92k€20k▼
Transfer to equity691/2€131k€89k▼
To other reserves6921€131k€89k▼
Profit to be distributed694/7€92k€20k▼
Return on contributions (dividend)694€92k€20k▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €131k ▲7.7%
Operating result €195k, net result €131k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €242k ▲98.2%
4 profitable years in a row build equity to €242k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €122k ▲63.4%
3 profitable years in a row build equity to €122k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 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, Halen · 1 establishment unit since 2019
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.
Kolenbergstraat 423545 HalenGround area
3,090 m²
Building footprint
257 m²
Volume, LiDAR
2 m³
Parcel 71063B0889/00K003, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
ORTHO VDS
since 20192.292.095.449
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71063B0889/00K003 | Flanders | 3,090 m² | 1 · 257 m² | 0.2 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DR ANDRIANTAFIKA MAMISOA
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BE 0860.599.044
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DOKTER VEERLE MOONS
BE 0882.024.661
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Dr. Frederik Daems
BE 0791.753.392
Lier · Eq €349,825
WOMEN'S HEALTH & FERTILITY
BE 0476.043.930
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Of 16,627 companies in sector 86220 we hold annual accounts for 7,974. 6,625 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.