ORTHOMEDEX
ActiveSummary
ORTHOMEDEX has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €264k and a net result of €43k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 25% 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
Profitability74▲+8
Solvency54▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.56 in 2024; short-term debt: 29.3% and cash: 6.7% of total assets), and 71.2% 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 →
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
28.8%
Return on assets
4.7%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 16546 sector peers (2025).
NBB · sector comparisonPosition among 16546 sector peers
Solvency
better than 25%
← 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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
44 d late
2022
on the day
2021
18 d late
2020
5 d early
2019
69 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
Turnover
€404k
EBIT margin
23.0%
Net result
€43k▲ 74.3%
2024 · €25k
2018: €3k
2019: €41k
2020: €48k
2021: €43k
2022: €53k
2023: €43k
2024: €25k
2018 → 2025
Working capital
€-128k▼ 0.8%
2024 · €-127k
2018: €-210k
2019: €-189k
2020: €-119k
2021: €-102k
2022: €-86k
2023: €-100k
2024: €-127k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€404k
Equity€208k-€260k▲ 24.9%€290k▲ 11.5%€266k▼ 8.2%€264k▼ 0.8%
Operating result€80k-€93k▲ 16.5%€78k▼ 16.0%€62k▼ 20.3%€87k▲ 39.9%
Net result€43k-€53k▲ 23.7%€43k▼ 18.2%€25k▼ 42.9%€43k▲ 74.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 40% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €917k
Fixed assets
€777k ▼ 7.6%
Current assets
€140k ▼ 11.7%
Equity and liabilities €917k
Equity
€264k ▼ 0.8%
Debt
€653k ▼ 11.0%
Debt's share of the balance-sheet total falls from 73.4% to 71.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€154k▲
2024 · €129k
Cash flow
€109k▲
2024 · €92k
Current ratio
0.52▼
2024 · 0.56
Debt to equity
2.47▼
2024 · 2.75
ROE
16.2%▲
2024 · 9.2%
ROA
4.7%▲
2024 · 2.5%
Interest coverage
5.89▲
2024 · 5.26
Debt ≤ 1 year
€268k▼
2024 · €286k
Debt > 1 year
€385k▼
2024 · €448k
Income taxes
€18k▲
2024 · €14k
Staff costs
€23k▲
2024 · €21k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.00M€917k▼
Fixed assets21/28€841k€777k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€814k€749k▼
Land and buildings22€812k€748k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€501€0▼
Financial fixed assets28€28k€28k=
Current assets29/58€159k€140k▼
Amounts receivable within one year40/41€63k€33k▼
Trade receivables40€20k€31k▲
Other amounts receivable41€43k€2k▼
Cash at bank and in hand54/58€50k€62k▲
Deferred charges and accrued income490/1€46k€45k▼
Equity and liabilities
Total equity and liabilities10/49€1.00M€917k▼
Equity10/15€266k€264k▼
Reserves13€266k€264k▼
Distributable reserves133€266k€264k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€734k€653k▼
Amounts payable after more than one year17€448k€385k▼
Financial debts170/4€448k€385k▼
Amounts payable within one year42/48€286k€268k▼
Current portion of amounts payable after more than one year42€82k€83k▲
Trade debts44€9k€11k▲
Suppliers440/4€9k€11k▲
Taxes, remuneration and social security45€17k€19k▲
Taxes450/3€9k€14k▲
Remuneration and social security454/9€8k€5k▼
Other amounts payable47/48€179k€155k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€21k€23k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€66k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€154k€181k▲
Operating profit (loss)9901€62k€87k▲
Financial income75/76B€495€91▼
Recurring financial income75€495€91▼
Financial charges65/66B€25k€26k▲
Recurring financial charges65€25k€26k▲
Profit (loss) for the period before taxes9903€38k€61k▲
Income taxes67/77€14k€18k▲
Profit (loss) for the period9904€25k€43k▲
Profit (loss) for the period to be appropriated9905€25k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€43k▲
Transfer from equity791/2€48k€45k▼
Transfer to equity691/2€25k€43k▲
To other reserves6921€25k€43k▲
Profit to be distributed694/7€48k€45k▼
Return on contributions (dividend)694€48k€45k▼
The notes to these accounts (12 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €53k ▲23.7%
Operating result €93k, net result €53k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Equity above €200kEq €208k ▲25.1%
4 profitable years in a row build equity to €208k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €167k ▲39.8%
3 profitable years in a row build equity to €167k.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Equity above €100kEq €119k ▲51.1%
2 profitable years in a row build equity to €119k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Oostende · 1 establishment unit since 2011
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.
Koninginnelaan 478400 OostendeGround area
2.2 ha
Building footprint
1.6 ha
Volume, LiDAR
181,518 m³
2 parcels, Flanders · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
ORTHOMEDEX
since 20112.199.154.504
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35386D0260/00M000 | Flanders | 2.2 ha | 1 · 1.6 ha | 26.2 m · 4 fl. |
| 35386D0038/00E004 | Flanders | 208 m² | 1 · 208 m² | 21.8 m · 7 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.
Similar companies · same sector, comparable size
NB PNEUMO-ALLERGOLOGIE
BE 1012.318.130
Theux · Eq €264,181
Dokter Els De Smedt Oftalmologie
BE 0841.575.364
Leuven · Eq €264,404
Dokter Virginie Cuypers
BE 0728.728.930
Tielt · Eq €264,038
DOCTEUR KIROVA MARIA
BE 0723.426.592
Saint-Ghislain · Eq €264,005
NOSELE
BE 0876.435.778
Sint-Pieters-Woluwe · Eq €263,979
Of 16,627 companies in sector 86220 we hold annual accounts for 7,974. 6,680 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
Founded12-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
86210General medical practice
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.