ORTHOBROKER
ActiveSummary
ORTHOBROKER has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €382k and a net result of €42k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 41% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+19
Solvency60▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.9 in 2024; short-term debt: 48.6% and cash: 17.2% of total assets), but 64.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
35.3%
Return on assets
3.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
38 d early
2023
29 d late
2022
10 d late
2021
5 d early
2020
44 d early
2019
14 d early
← 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, abbreviated schema
Equity
€382k▲ 12.5%
2024 · €340k
2018: €233k
2019: €281k
2020: €342k
2021: €207k
2022: €528k
2023: €335k
2024: €340k
2018 → 2025
Total assets
€1.08M▲ 0.6%
2024 · €1.08M
2018: €623k
2019: €739k
2020: €727k
2021: €632k
2022: €1.03M
2023: €949k
2024: €1.08M
2018 → 2025
Net result
€42k▲ 736%
2024 · €5k
2018: €12k
2019: €36k
2020: €61k
2021: €-135k
2022: €-270k
2023: €-194k
2024: €5k
2018 → 2025
Working capital
€430k▼ 5.0%
2024 · €453k
2018: €270k
2019: €441k
2020: €445k
2021: €339k
2022: €588k
2023: €581k
2024: €453k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€207k-€528k▲ 155%€335k▼ 36.7%€340k▲ 1.5%€382k▲ 12.5%
Operating result€-122k-€-252k▼ 107%€-150k▲ 40.4%€30k€67k▲ 119%
Net result€-135k-€-270k▼ 99.3%€-194k▲ 28.2%€5k€42k▲ 736%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 119% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€126k ▲ 4.0%
Current assets
€957k ▲ 0.1%
Equity and liabilities €1.08M
Equity
€382k ▲ 12.5%
Debt
€701k ▼ 4.9%
Debt's share of the balance-sheet total falls from 68.5% to 64.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105k▲
2024 · €64k
Cash flow
€81k▲
2024 · €38k
Current ratio
1.82▼
2024 · 1.90
Quick ratio
0.91▲
2024 · 0.90
Debt to equity
1.83▼
2024 · 2.17
ROE
11.1%▲
2024 · 1.5%
ROA
3.9%▲
2024 · 0.5%
Interest coverage
4.42▲
2024 · 2.59
Debt ≤ 1 year
€527k▲
2024 · €503k
Debt > 1 year
€174k▼
2024 · €234k
Income taxes
€1k▼
2024 · €1k
Staff costs
€657k▲
2024 · €646k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.08M€1.08M▲
Fixed assets21/28€121k€126k▲
Tangible fixed assets22/27€121k€126k▲
Plant, machinery and equipment23€110k€110k▼
Furniture and vehicles24€11k€16k▲
Current assets29/58€956k€957k▲
Stocks and contracts in progress3€502k€475k▼
Stocks30/36€502k€475k▼
Amounts receivable within one year40/41€352k€274k▼
Trade receivables40€347k€268k▼
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€83k€186k▲
Deferred charges and accrued income490/1€19k€22k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.08M▲
Equity10/15€340k€382k▲
Contributions10/11€610k€610k=
Reserves13€33k€33k=
Distributable reserves133€33k€33k=
Profit (loss) carried forward14€-304k€-261k▲
Amounts payable17/49€737k€701k▼
Amounts payable after more than one year17€234k€174k▼
Financial debts170/4€234k€174k▼
Amounts payable within one year42/48€503k€527k▲
Current portion of amounts payable after more than one year42€147k€167k▲
Trade debts44€74k€31k▼
Suppliers440/4€74k€31k▼
Taxes, remuneration and social security45€71k€71k▲
Taxes450/3€77€3k▲
Remuneration and social security454/9€71k€68k▼
Other amounts payable47/48€211k€257k▲
Income statement
Code20242025
Remuneration, social security and pensions62€646k€657k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€38k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€145
Other operating charges640/8€7k€4k▼
Gross operating margin9900€717k€766k▲
Operating profit (loss)9901€30k€67k▲
Financial income75/76B€191€569▲
Recurring financial income75€191€569▲
Financial charges65/66B€25k€24k▼
Recurring financial charges65€25k€24k▼
Profit (loss) for the period before taxes9903€6k€44k▲
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€5k€42k▲
Profit (loss) for the period to be appropriated9905€5k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-304k€-261k▲
Profit (loss) brought forward from the previous period14P€-309k€-304k▲
Social balance
Average headcount (FTE)90879.89.8=
The notes to these accounts (18 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 10 days late
2022
31-12
Financial
Weakest financial yearnet €-270k
Net result drops to €-270k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €528k ▲155%
Equity rises from €207k to €528k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €61k ▲68.4%
Operating result €72k, net result €61k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ranst · 1 establishment unit since 2007
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.
Ter Stratenweg 112520 RanstGround area
7,953 m²
Building footprint
2,059 m²
Volume, LiDAR
16,583 m³
Parcel 11031C0364/00C000, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ORTHOBROKER
since 20072.158.916.429
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031C0364/00C000 | Flanders | 7,953 m² | 1 · 2,059 m² | 9.9 m · 3 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 41,992 EUR awarded · 42,322 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 6,740 EUR | 6,973 EUR |
| 2024 | 3 | 6,283 EUR | 11,450 EUR |
| 2023 | 3 | 6,885 EUR | 8,065 EUR |
| 2022 | 2 | 22,084 EUR | 15,834 EUR |
Schemes
Subsidies voor internationaal ondernemen
Werkbaarheidscheque (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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TRADE & BUSINESS ROCH
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PROBEC
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Putte · Eq €386,630
Of 4,420 companies in sector 46180 we hold annual accounts for 1,886. 1,259 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
Founded22-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
46460Wholesale of pharmaceutical and medical goods
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.orthobroker.com
Phone:033851075