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ORTHOMEDICAL SERVICES

Active
Private limited companyfounded 201016 yrs activeLudgardislei 8, 2930 Brasschaat, BelgiumKBO/BCE: BE 0828.647.937

ORTHOMEDICAL SERVICES has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €33k. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
56 / 100
Fair▲ +20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+58
Solvency22▲+11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.39 in 2024), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
21.2%
Return on assets
5.2%
Age of the figures
11 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 31527 sector peers (2025).
NBB · sector comparison
Position among 31527 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
7 d early
2023
8 d early
2022
27 d early
2021
46 d early
2020
5 d late
2019
30 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€138k▲ 32.1%
2024 · €104k
2018: €22k 2019: €19k 2020: €34k 2021: €68k 2022: €87k 2023: €103k 2024: €104k
2018 → 2025
Total assets
€649k▼ 1.8%
2024 · €661k
2018: €1.06M 2019: €908k 2020: €871k 2021: €837k 2022: €827k 2023: €750k 2024: €661k
2018 → 2025
Net result
€33k▲ 284%
2024 · €9k
2018: €5k 2019: €-3k 2020: €15k 2021: €33k 2022: €20k 2023: €16k 2024: €9k
2018 → 2025
Working capital
€-23k▲ 58.2%
2024 · €-55k
2018: €-129k 2019: €-127k 2020: €-83k 2021: €-64k 2022: €-63k 2023: €-61k 2024: €-55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€68k-€87k▲ 29.3%€103k▲ 17.8%€104k▲ 1.2%€138k▲ 32.1%
Operating result€62k-€45k▼ 28.0%€36k▼ 19.3%€26k▼ 29.2%€63k▲ 144%
Net result€33k-€20k▼ 40.8%€16k▼ 21.7%€9k▼ 43.8%€33k▲ 284%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €62k€62kNet result 2021: €33k€33kOperating result 2022: €45k€45kNet result 2022: €20k€20kOperating result 2023: €36k€36kNet result 2023: €16k€16kOperating result 2024: €26k€26kNet result 2024: €9k€9kOperating result 2025: €63k€63kNet result 2025: €33k€33k20212022202320242025
The operating result recovers in 2025; 2025 is 144% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €649k
Fixed assets €580k▼ 7.3%
Current assets €69k▲ 96.4%
Equity and liabilities €649k
Equity €138k▲ 32.1%
Debt €511k▼ 8.1%
The debt ratio falls from 84.2% to 78.8%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€120k
2024 · €80k
Cash flow
€91k
2024 · €63k
Solvency
21.2%
2024 · 15.8%
Current ratio
0.75
2024 · 0.39
Quick ratio
0.75
2024 · 0.39
Debt / equity
3.71
2024 · 5.34
ROE
24.3%
2024 · 8.4%
ROA
5.2%
2024 · 1.3%
Interest coverage
9.75
2024 · 7.34
Debt
€511k
2024 · €556k
Debt ≤ 1 year
€92k
2024 · €90k
Debt > 1 year
€418k
2024 · €465k
Income taxes
€17k
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€661k€649k
Fixed assets21/28€626k€580k
Tangible fixed assets22/27€626k€580k
Land and buildings22€584k€549k
Plant, machinery and equipment23€38k€19k
Furniture and vehicles24€4k€12k
Current assets29/58€35k€69k
Amounts receivable within one year40/41€24k€59k
Trade receivables40€18k€52k
Other amounts receivable41€6k€6k
Cash at bank and in hand54/58€7k€6k
Deferred charges and accrued income490/1€4k€4k
Equity and liabilities
Total equity and liabilities10/49€661k€649k
Equity10/15€104k€138k
Contributions10/11€12k€12k=
Reserves13€92k€125k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€92k€125k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€556k€511k
Amounts payable after more than one year17€465k€418k
Financial debts170/4€465k€418k
Amounts payable within one year42/48€90k€92k
Current portion of amounts payable after more than one year42€46k€47k
Trade debts44€20k€6k
Suppliers440/4€20k€6k
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€18k€34k
Taxes450/3€18k€34k
Other amounts payable47/48€6k€5k
Accrued charges and deferred income492/3€2k€2k
Income statement Code20242025
Non-recurring operating income76A€2k€468
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€58k
Other operating charges640/8€7k€5k
Gross operating margin9900€87k€125k
Operating profit (loss)9901€26k€63k
Financial income75/76B€553€381
Recurring financial income75€553€381
Financial charges65/66B€11k€12k
Recurring financial charges65€11k€12k
Profit (loss) for the period before taxes9903€15k€51k
Income taxes67/77€7k€17k
Profit (loss) for the period9904€9k€33k
Profit (loss) for the period to be appropriated9905€9k€33k
Appropriation of the result
Profit (loss) to be appropriated9906€9k€33k
Transfer from equity791/2€8k€0
Transfer to equity691/2€9k€33k
To other reserves6921€9k€33k
Profit to be distributed694/7€8k€0
Return on contributions (dividend)694€8k€0

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
23-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
22-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Equity above €100kEq €103k ▲17.8%
4 profitable years in a row build equity to €103k.
03-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
15-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Highest result since 2018net €33k ▲122%
Net result €33k, the highest in the series.
05-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
30-09
Financial Back to profitnet €15k
Net result €15k after one loss-making year.
31-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Weakest financial yearnet €-3k ▼159%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
10-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-04
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
4 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, Brasschaat · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Ludgardislei 82930 Brasschaat
Ground area
2,011 m²
Building footprint
240 m²
Volume, LiDAR
1,641 m³
Parcel 11322E0256/00B002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ORTHOMEDICAL SERVICES
Ludgardislei 8, 2930 BrasschaatWholesale of pharmaceutical and medical goods
since 20102.191.251.576
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11322E0256/00B002 Flanders 2,011 m² 1 · 240 m² 9.6 m · 2 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.

Similar companies · same sector, comparable size

Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 40,726 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-08-2010
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.