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ORTIS

Active
Public limited companyfounded 197650 yrs activeWeywertz,Hinter der Heck 46, 4750 Bütgenbach, BelgiumKBO/BCE: BE 0415.889.379
Summary

ORTIS has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.8m and a net result of €626,999. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 4473 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Retail sale of pharmaceutical products
NACE 47730Manufacture of food products NACE 10890Warehousing and support activities for transportation NACE 52310
#1 company by total assets in Butgenbach, Wholesale and retail trade sector1 site
Size
€19.4mturnover 2025
Staff
68.3 FTE
Equity
€5.8m
Profit
€626,999
Financial health
83 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Largest shareholder
FIPARIM · 24.5%
Board
2 members
Holdings
3
Accounts 64 d early1 of 21 deeds read
Why 83- Liquidity: current ratio 1.05, cash €51,881- 1 of the last 3 late- Sector Retail trade (NACE 47)+ Founded in 1976Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Better than 58% of its sector peers (NACE 47, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 63+2
equity 37.6% of total assets
Liquidity 24-4
short-term debt 51.6% · cash 0.3%
Profitability 68+38
return on assets 4.0%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (384 companies)
Last 19 months 04-2025: 0.7% 05-2025: 0.7%▲ +3.4% vs 04-2025 06-2025: 0.7%▲ +0.6% vs 05-2025 07-2025: 0.8%▲ +11.0% vs 06-2025highest value 08-2025: 0.8%● 0.0% vs 07-2025highest value 09-2025: 0.8%● 0.0% vs 08-2025highest value 10-2025: 0.8%● 0.0% vs 09-2025highest value 11-2025: 0.8%● 0.0% vs 10-2025highest value 12-2025: 0.8%● 0.0% vs 11-2025highest value 01-2026: 0.8%● 0.0% vs 12-2025highest value 02-2026: 0.8%▼ -3.4% vs 01-2026 03-2026: 0.8%▼ -1.3% vs 02-2026 04-2026: 0.8%● 0.0% vs 03-2026 05-2026: 0.8%▲ +3.5% vs 04-2026 06-2026: 0.5%▼ -38.6% vs 05-2026lowest value 07-2026: 0.5%● 0.0% vs 06-2026lowest value 08-2026: 0.5%● 0.0% vs 07-2026lowest value 09-2026: 0.5%● 0.0% vs 08-2026lowest value 10-2026: 0.5%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 1.05, cash €51,881 raises the probability
  • Founded in 1976 lowers the probability for this profile
  • 1 of the last 3 late raises the probability
  • Sector Retail trade (NACE 47) raises the probability
Credit up to €480,000 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.18 in 2024; short-term debt: 51.6% and cash: 0.3% of total assets), and 62.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, medium-sized). Better than this share of them on solvency 63%, liquidity 31%, profitability 69%, growth against the median 71%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.05, cash €51,881
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1976
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 d early
2024
35 d early
2023
68 d late
2022
31 d late
2021
31 d early
2020
32 d early
2019
44 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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. Usually files around 30 June (4 of the last 5 filed years within 62 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignations: SPARAXIS (director) and TECTIS MATA…Appointments: SOGINVEST (director) and UPWIND…
  3. Back to profitnet €626,999

Key points

  • Caution: Board changedlatest change 10-03-2026 · 2 in office 2 joined · 2 left View
  • Positive: Back in profit in 2025after -€512,008 in 2024 €626,999 View
  • Positive: Company by total assets in Butgenbach, Wholesale and…in the Checked rankings #1 View
  • Active since 1976founded 26-02-1976 50 years View

By topic

Financials

Fiscal year
2025
Turnover
€19.4m
Profit
€626,999
Solvency
37.6%
Turnover▲ 9.6%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 28-05-2026Annual accounts filed
  2. 10-03-2026Resignations: SPARAXIS (director) and TECTIS MATA (director)
  3. 31-12-2025Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of pharmaceutical productsNACE 47730
Founded
26-02-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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