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ORTHOFRAME

Active
Private limited company· 5 yrs active
Avenue de Celles(VD) 8 ·5020 Namur, Belgium
BE 0755.597.237
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ORTHOFRAME is 3.4% (moderate). The 2023 annual accounts show equity of €191k and a net result of €156k. Equity is growing by ~14.6% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Trust signals

3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.4% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€156k+39.5%
Working capital€184k-23.6%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 07-07-2025 with the NBB · fiscal year 2024 · micro
€0€100k€200kOperating result 2021: €142k€142kNet result 2021: €109k€109kOperating result 2022: €145k€145kNet result 2022: €112k€112kOperating result 2023: €208k€208kNet result 2023: €156k€156k202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~14.6%/year over 3 fiscal years, indicative, assuming unchanged policy.
€100k€150k€200k€250k€300k2024: €219k (€203k - €234k)2025: €246k (€231k - €262k)2026: €274k (€259k - €290k)2021: €135k2022: €247k2023: €191k202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€211k
+43.0% 21-23
Net profit
€156k
+39.5% 21-23
Cash flow
€159k
+38.7% 21-23
Total assets
€275k
+3.9% 21-23
Equity
€191k
-22.7% 21-23
Working capital
€184k
-23.6% 21-23
Income taxes
€50k
+50.0% 21-23
Dividends
€212k
- 21-23
Debt
€84k
+372.8% 21-23
Debt ≤ 1y
€84k
+372.8% 21-23
Current ratio
3.19
-78.1% 21-23
Quick ratio
3.19
-78.1% 21-23
Solvency
69.4%
-25.6% 21-23
Debt / equity
0.44
+511.5% 21-23
ROE
81.7%
+80.4% 21-23
ROA
56.7%
+34.2% 21-23
Interest coverage
83.31
-24.5% 21-23
Figures by fiscal year
Fiscal year2023
Revenue-
EBITDA€211k
Net profit€156k
Cash flow€159k
Staff costs-
Income taxes€50k
Dividends€212k
Total assets€275k
Equity€191k
Debt€84k
of which ≤ 1y€84k
of which > 1y-
Working capital€184k
Employees (FTE)-
Ratios (computed)
2023
Current ratio3.19
Quick ratio3.19
Working capital ratio67.1%
Solvency69.4%
Debt / equity0.44
Long-term debt ratio-
Interest coverage83.31
Gross margin-
Net margin-
ROA56.7%
ROE81.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€275k
Fixed assets 21/28€6k
Intangible fixed assets 21€1k
Tangible fixed assets 22/27€5k
Current assets 29/58€269k
Amounts receivable within one year 40/41€56k
Cash & bank 54/58€212k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€275k
Equity 10/15€191k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€188k
Amounts payable 17/49€84k
Amounts payable within one year 42/48€84k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€211k
Operating result 9901€208k
Financial charges 65€3k
Result before taxes 9903€206k
Income taxes 67/77€50k
Net result for the period 9904€156k
Result to be appropriated 9905€156k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
98 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
ORTHOFRAME
Avenue de Celles(VD) 8, 5020 NamurActiviteiten van medisch specialisten
since 20202.310.341.743
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,588 m²
Buildings1
Building footprint132 m²
Volume (LiDAR)770 m³
Tallest building8.4 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92128A0058/00M004 Wallonia 1,587 m² 1 · 132 m² 8.4 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health98Profitability100Solvency100Growth78Stability94
94 / 100

Exceptional profile, strong across almost every axis.

Health 98
Profitability 100
Solvency 100
Growth 78
Stability 94

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR ORTHOFRAME
Registered office
Avenue de Celles(VD) 8
5020 Namur, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.