ORTHOMEDICS
ActiveSummary
ORTHOMEDICS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.16M and a net result of €134k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+7
Solvency100▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 1.15 in 2024; short-term debt: 8% and cash: 2.1% of total assets), and 18.6% of the assets are financed with debt.
Credit check 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
81.4%
Return on assets
9.4%
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
12 d early
2023
44 d early
2022
35 d early
2021
52 d early
2020
29 d early
2019
22 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.16M▲ 13.1%
2024 · €1.03M
2018: €788k
2019: €782k▼ -0.7% vs 2018lowest in 8 years
2020: €841k▲ +7.5% vs 2019
2021: €887k▲ +5.5% vs 2020
2022: €1.01M▲ +14.1% vs 2021
2023: €1.01M▼ -0.4% vs 2022
2024: €1.03M▲ +2.1% vs 2023
2025: €1.16M▲ +13.1% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.43M▼ 5.9%
2024 · €1.52M
2018: €996klowest in 8 years
2019: €1.26M▲ +26.4% vs 2018
2020: €1.18M▼ -6.0% vs 2019
2021: €1.46M▲ +23.4% vs 2020
2022: €1.49M▲ +1.7% vs 2021
2023: €1.49M▲ +0.2% vs 2022
2024: €1.52M▲ +2.0% vs 2023highest in 8 years
2025: €1.43M▼ -5.9% vs 2024
2018 → 2025
Net result
€134k▲ 130%
2024 · €58k
2018: €107k
2019: €114k▲ +6.1% vs 2018
2020: €121k▲ +5.9% vs 2019
2021: €99k▼ -18.1% vs 2020
2022: €125k▲ +26.5% vs 2021
2023: €149k▲ +19.1% vs 2022highest in 8 years
2024: €58k▼ -60.8% vs 2023lowest in 8 years
2025: €134k▲ +130% vs 2024
2018 → 2025
Working capital
€149k▲ 291%
2024 · €38k
2018: €101k
2019: €3k▼ -97.0% vs 2018
2020: €319▼ -89.6% vs 2019
2021: €49▼ -84.6% vs 2020lowest in 8 years
2022: €103k▲ +210996% vs 2021
2023: €33k▼ -68.2% vs 2022
2024: €38k▲ +15.9% vs 2023
2025: €149k▲ +291% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€887k-€1.01M▲ 14.1%€1.01M▼ 0.4%€1.03M▲ 2.1%€1.16M▲ 13.1%
2021: €887klowest in 5 years
2022: €1.01M▲ +14.1% vs 2021
2023: €1.01M▼ -0.4% vs 2022
2024: €1.03M▲ +2.1% vs 2023
2025: €1.16M▲ +13.1% vs 2024highest in 5 years
Operating result€140k-€184k▲ 31.0%€183k▼ 0.7%€84k▼ 53.8%€91k▲ 8.6%
2021: €140k
2022: €184k▲ +31.0% vs 2021highest in 5 years
2023: €183k▼ -0.7% vs 2022
2024: €84k▼ -53.8% vs 2023lowest in 5 years
2025: €91k▲ +8.6% vs 2024
Net result€99k-€125k▲ 26.5%€149k▲ 19.1%€58k▼ 60.8%€134k▲ 130%
2021: €99k
2022: €125k▲ +26.5% vs 2021
2023: €149k▲ +19.1% vs 2022highest in 5 years
2024: €58k▼ -60.8% vs 2023lowest in 5 years
2025: €134k▲ +130% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€1.17M ▼ 4.3%
Current assets
€263k ▼ 12.3%
Equity and liabilities €1.43M
Equity
€1.16M ▲ 13.1%
Debt
€266k ▼ 45.7%
Debt's share of the balance-sheet total falls from 32.2% to 18.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€155k▲
2024 · €145k
Cash flow
€198k▲
2024 · €119k
Current ratio
2.31▲
2024 · 1.15
Debt to equity
0.23▼
2024 · 0.48
ROE
11.6%▲
2024 · 5.7%
ROA
9.4%▲
2024 · 3.8%
Interest coverage
31.61▲
2024 · 25.41
Debt ≤ 1 year
€114k▼
2024 · €262k
Debt > 1 year
€149k▼
2024 · €220k
Income taxes
€35k▲
2024 · €23k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.52M€1.43M▼
Fixed assets21/28€1.22M€1.17M▼
Tangible fixed assets22/27€1.12M€1.07M▼
Land and buildings22€1.08M€1.04M▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€40k€33k▼
Other tangible fixed assets26€578€473▼
Financial fixed assets28€95k€95k=
Current assets29/58€300k€263k▼
Amounts receivable within one year40/41€26k€29k▲
Trade receivables40€16k€19k▲
Other amounts receivable41€10k€10k=
Current investments50/53€173k€200k▲
Cash at bank and in hand54/58€73k€30k▼
Deferred charges and accrued income490/1€28k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.43M▼
Equity10/15€1.03M€1.16M▲
Contributions10/11€19k€19k=
Reserves13€1.01M€1.14M▲
Distributable reserves133€1.01M€1.14M▲
Profit (loss) carried forward14€40€40=
Amounts payable17/49€489k€266k▼
Amounts payable after more than one year17€220k€149k▼
Financial debts170/4€220k€149k▼
Amounts payable within one year42/48€262k€114k▼
Current portion of amounts payable after more than one year42€78k€71k▼
Financial debts43€7k€3k▼
Other loans439€7k€3k▼
Trade debts44€62k€29▼
Suppliers440/4€62k€29▼
Taxes, remuneration and social security45€42k€30k▼
Taxes450/3€42k€30k▼
Other amounts payable47/48€74k€10k▼
Accrued charges and deferred income492/3€8k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€165-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€64k▲
Other operating charges640/8€8k€9k▲
Non-recurring operating charges66A€11k-
Gross operating margin9900€163k€164k▲
Operating profit (loss)9901€84k€91k▲
Financial income75/76B€3k€83k▲
Recurring financial income75€3k€83k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€82k€169k▲
Income taxes67/77€23k€35k▲
Profit (loss) for the period9904€58k€134k▲
Profit (loss) for the period to be appropriated9905€58k€134k▲
Appropriation of the result
Profit (loss) to be appropriated9906€58k€135k▲
Profit (loss) brought forward from the previous period14P€40€40=
Transfer from equity791/2€37k-
Transfer to equity691/2€58k€134k▲
To other reserves6921€58k€134k▲
Profit to be distributed694/7€37k-
Return on contributions (dividend)694€37k-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €81 | - | - | €165 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34k | €47k | €54k | €61k | €64k | ▲ 4.7% |
| Other operating charges640/8 | €39k | €9k | €7k | €8k | €9k | ▲ 18.0% |
| Non-recurring operating charges66A | - | - | - | €11k | - | - |
| Gross operating margin9900 | €214k | €240k | €244k | €163k | €164k | ▲ 0.4% |
| Operating profit (loss)9901 | €140k | €184k | €183k | €84k | €91k | ▲ 8.6% |
| Financial income75/76B | €2k | €3k | €28k | €3k | €83k | ▲ 2,463% |
| Recurring financial income75 | €2k | €3k | €28k | €3k | €83k | ▲ 2,463% |
| Financial charges65/66B | €5k | €8k | €6k | €6k | €5k | ▼ 14.0% |
| Recurring financial charges65 | €5k | €8k | €6k | €6k | €5k | ▼ 14.0% |
| Profit (loss) for the period before taxes9903 | €137k | €179k | €204k | €82k | €169k | ▲ 107% |
| Income taxes67/77 | €39k | €54k | €55k | €23k | €35k | ▲ 49.2% |
| Profit (loss) for the period9904 | €99k | €125k | €149k | €58k | €134k | ▲ 130% |
| Profit (loss) for the period to be appropriated9905 | €99k | €125k | €149k | €58k | €134k | ▲ 130% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.46M | €1.49M | €1.49M | €1.52M | €1.43M | ▼ 5.9% |
| Fixed assets21/28 | €1.29M | €1.25M | €1.25M | €1.22M | €1.17M | ▼ 4.3% |
| Tangible fixed assets22/27 | €1.20M | €1.16M | €1.16M | €1.12M | €1.07M | ▼ 4.6% |
| Land and buildings22 | €1.19M | €1.15M | €1.11M | €1.08M | €1.04M | ▼ 4.1% |
| Plant, machinery and equipment23 | €3k | €3k | €3k | €3k | €3k | ▼ 22.0% |
| Furniture and vehicles24 | €2k | €897 | €49k | €40k | €33k | ▼ 16.3% |
| Other tangible fixed assets26 | €893 | €788 | €683 | €578 | €473 | ▼ 18.2% |
| Financial fixed assets28 | €95k | €95k | €95k | €95k | €95k | = |
| Current assets29/58 | €167k | €235k | €236k | €300k | €263k | ▼ 12.3% |
| Amounts receivable within one year40/41 | €22k | €24k | - | €26k | €29k | ▲ 11.1% |
| Trade receivables40 | €18k | €24k | - | €16k | €19k | ▲ 17.7% |
| Other amounts receivable41 | €4k | - | - | €10k | €10k | = |
| Current investments50/53 | €88k | €114k | €143k | €173k | €200k | ▲ 15.5% |
| Cash at bank and in hand54/58 | €53k | €94k | €63k | €73k | €30k | ▼ 58.9% |
| Deferred charges and accrued income490/1 | €4k | €4k | €29k | €28k | €5k | ▼ 83.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.46M | €1.49M | €1.49M | €1.52M | €1.43M | ▼ 5.9% |
| Equity10/15 | €887k | €1.01M | €1.01M | €1.03M | €1.16M | ▲ 13.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €868k | €993k | €989k | €1.01M | €1.14M | ▲ 13.3% |
| Distributable reserves133 | €868k | €993k | €989k | €1.01M | €1.14M | ▲ 13.3% |
| Profit (loss) carried forward14 | €40 | €40 | €40 | €40 | €40 | = |
| Amounts payable17/49 | €574k | €474k | €481k | €489k | €266k | ▼ 45.7% |
| Amounts payable after more than one year17 | €404k | €340k | €276k | €220k | €149k | ▼ 32.2% |
| Financial debts170/4 | €404k | €340k | €276k | €220k | €149k | ▼ 32.2% |
| Amounts payable within one year42/48 | €167k | €132k | €203k | €262k | €114k | ▼ 56.5% |
| Current portion of amounts payable after more than one year42 | €63k | €67k | €68k | €78k | €71k | ▼ 8.8% |
| Financial debts43 | €8k | €10k | €7k | €7k | €3k | ▼ 50.0% |
| Other loans439 | €8k | €10k | €7k | €7k | €3k | ▼ 50.0% |
| Trade debts44 | €2k | €1k | €2k | €62k | €29 | ▼ 100.0% |
| Suppliers440/4 | €2k | €1k | €2k | €62k | €29 | ▼ 100.0% |
| Taxes, remuneration and social security45 | €41k | €47k | €37k | €42k | €30k | ▼ 29.2% |
| Taxes450/3 | €41k | €47k | €37k | €42k | €30k | ▼ 29.2% |
| Other amounts payable47/48 | €53k | €7k | €90k | €74k | €10k | ▼ 86.3% |
| Accrued charges and deferred income492/3 | €3k | €2k | €2k | €8k | €3k | ▼ 62.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €99k | €125k | €149k | €58k | €134k | ▲ 130% |
| + Depreciation and write-downs630 | €34k | €47k | €54k | €61k | €64k | ▲ 4.7% |
| Operating cash flow (approximation) | €133k | €172k | €203k | €119k | €198k | ▲ 66.3% |
| Investment in fixed assets (approximation) | - | €-4k | €-56k | €-26k | €-11k | ▲ 56.0% |
| Change in cash | - | €41k | €-30k | €10k | €-43k | ▼ 546% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity doublescurrent ratio 2.31
Current ratio from 1.15 to 2.31; short-term debt falls from €262k to €114k.
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €58k ▼60.8%
Net result drops to €58k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €149k ▲19.1%
Net result €149k, the highest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.01M ▲14.1%
5 profitable years in a row build equity to €1.01M.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
06-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 37 days late
2017
06-07
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Wetteren · 1 establishment unit since 2001
Ground area
1,620 m²
Building footprint
286 m²
Volume, LiDAR
1,586 m³
Parcel 42025G0097/00E000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ORTHOMEDICS
since 20012.093.076.292
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42025G0097/00E000 | Flanders | 1,620 m² | 1 · 286 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2025 · 1 entry · 315 EUR awarded · 315 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 315 EUR | 315 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 1,897 companies in sector 46460 we hold annual accounts for 1,116. 749 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
47789Other retail sale of new goods
Contact
E-mail
orthomedicsbv@telenet.beWetteren
Phone
0475606895Wetteren
Scores and ratios are computed by Checked and are not a credit decision.