ORTHOPHAR
ActiveORTHOPHAR has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €640k and a net result of €7k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-41
Solvency97▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 46.57 against 1.81 in 2024; short-term debt: 1.3% and cash: 5.1% of total assets), and 27.9% 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○neutral
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 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
72.1%
Return on assets
0.8%
Age of the figures
12 mo
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 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
1 d early
2023
26 d early
2022
1 d late
2021
22 d late
2020
4 d late
2019
8 d late
← 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 monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€640k▼ 3.8%
2024 · €665k
2018: €688k
2019: €709k
2020: €268k
2021: €346k
2022: €558k
2023: €586k
2024: €665k
2018 → 2025
Total assets
€888k▼ 1.1%
2024 · €898k
2018: €923k
2019: €933k
2020: €952k
2021: €866k
2022: €890k
2023: €892k
2024: €898k
2018 → 2025
Net result
€7k▼ 90.8%
2024 · €79k
2018: €22k
2019: €21k
2020: €25k
2021: €79k
2022: €212k
2023: €28k
2024: €79k
2018 → 2025
Working capital
€536k▲ 2,446%
2024 · €21k
2018: €57k
2019: €78k
2020: €-364k
2021: €-27k
2022: €-46k
2023: €-37k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€346k-€558k▲ 61.2%€586k▲ 5.0%€665k▲ 13.5%€640k▼ 3.8%
Operating result€42k-€28k▼ 33.5%€40k▲ 42.4%€38k▼ 5.4%€4k▼ 90.3%
Net result€79k-€212k▲ 169%€28k▼ 87.0%€79k▲ 186%€7k▼ 90.8%
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 has fallen two years in a row; 2025 is 90% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €888k
Fixed assets
€340k▼ 60.1%
Current assets
€548k▲ 1,063%
Equity and liabilities €888k
Equity
€640k▼ 3.8%
Debt
€248k▲ 6.6%
The debt ratio rises from 25.9% to 27.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5k▼
2024 · €39k
Cash flow
€8k▼
2024 · €80k
Solvency
72.1%▼
2024 · 74.1%
Current ratio
46.57▲
2024 · 1.81
Quick ratio
46.57▲
2024 · 1.81
Debt / equity
0.39▲
2024 · 0.35
ROE
1.1%▼
2024 · 11.9%
ROA
0.8%▼
2024 · 8.8%
Interest coverage
2.35▼
2024 · 84.98
Debt
€248k▲
2024 · €232k
Debt ≤ 1 year
€12k▼
2024 · €26k
Debt > 1 year
€236k▲
2024 · €205k
Income taxes
€3k▼
2024 · €16k
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€898k€888k▼
Fixed assets21/28€850k€340k▼
Tangible fixed assets22/27€67k€44k▼
Land and buildings22€45k€44k▼
Furniture and vehicles24€22k€0▼
Financial fixed assets28€783k€296k▼
Current assets29/58€47k€548k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€17k€12k▼
Trade receivables40€17k€12k▼
Other amounts receivable41€0-
Current investments50/53-€490k
Cash at bank and in hand54/58€29k€45k▲
Deferred charges and accrued income490/1€853€947▲
Equity and liabilities
Total equity and liabilities10/49€898k€888k▼
Equity10/15€665k€640k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€603k€578k▼
Non-distributable reserves130/1€53k€52k▼
Legal reserve130€53k€52k▼
Distributable reserves133€550k€526k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€232k€248k▲
Amounts payable after more than one year17€205k€236k▲
Financial debts170/4€205k€236k▲
Amounts payable within one year42/48€26k€12k▼
Current portion of amounts payable after more than one year42€2k€0▼
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€12k€8k▼
Taxes450/3€12k€8k▼
Other amounts payable47/48€6k€1k▼
Accrued charges and deferred income492/3€1k€15▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€2k€5k▲
Gross operating margin9900€40k€10k▼
Operating profit (loss)9901€38k€4k▼
Financial income75/76B€58k€433k▲
Recurring financial income75€58k€433k▲
Financial charges65/66B€456€426k▲
Recurring financial charges65€456€2k▲
Non-recurring financial charges66B-€424k
Profit (loss) for the period before taxes9903€95k€10k▼
Income taxes67/77€16k€3k▼
Profit (loss) for the period9904€79k€7k▼
Profit (loss) for the period to be appropriated9905€79k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€7k▼
Transfer from equity791/2-€33k
Transfer to equity691/2€79k€7k▼
To other reserves6921€79k€7k▼
Profit to be distributed694/7-€33k
Return on contributions (dividend)694-€33k
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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €7k ▼90.8%
Net result drops to €7k, the lowest in the series.
30-09
Financial
Liquidity times 26current ratio 46.57
Current ratio from 1.81 to 46.57; short-term debt falls from €26k to €12k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity triplescurrent ratio 1.81
Current ratio from 0.63 to 1.81; short-term debt falls from €99k to €26k.
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
30-09
Financial
Highest result since 2018net €212k ▲169%
Net result €212k, the highest in the series.
30-09
Financial
Equity above €500kEq €558k ▲61.2%
5 profitable years in a row build equity to €558k.
22-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2020
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 8 days late
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Sint-Truiden · 1 establishment unit since 2002
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.
Aalsterweg 583800 Sint-TruidenGround area
1,240 m²
Building footprint
203 m²
Volume, LiDAR
849 m³
Parcel 71353E0496/00D000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Aalsterweg 58, 3800 Sint-Truiden
since 20022.101.486.885
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353E0496/00D000 | Flanders | 1,240 m² | 1 · 203 m² | 6.4 m · 1 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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 32,457 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-09-2001
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.