Ortho-device
ActiveOrtho-device has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €824k and a net result of €134k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 55% of 16424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81=
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 4.14 against 2.86 in 2024), and 31.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 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
68.5%
Return on assets
11.1%
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
20 d early
2023
12 d early
2022
2 d late
2021
1 d late
2020
88 d late
2019
14 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€824k▲ 19.4%
2024 · €690k
2018: €145k
2019: €251k
2020: €352k
2021: €445k
2022: €536k
2023: €639k
2024: €690k
2018 → 2025
Total assets
€1.20M▲ 5.7%
2024 · €1.14M
2018: €407k
2019: €492k
2020: €938k
2021: €919k
2022: €1.02M
2023: €1.08M
2024: €1.14M
2018 → 2025
Net result
€134k▲ 20.6%
2024 · €111k
2018: €60k
2019: €117k
2020: €111k
2021: €115k
2022: €119k
2023: €103k
2024: €111k
2018 → 2025
Working capital
€444k▲ 47.4%
2024 · €301k
2018: €53k
2019: €142k
2020: €138k
2021: €129k
2022: €136k
2023: €262k
2024: €301k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€445k-€536k▲ 20.6%€639k▲ 19.2%€690k▲ 8.0%€824k▲ 19.4%
Operating result€155k-€170k▲ 9.4%€155k▼ 9.0%€160k▲ 3.3%€201k▲ 25.9%
Net result€115k-€119k▲ 3.6%€103k▼ 13.4%€111k▲ 7.9%€134k▲ 20.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€618k▼ 8.5%
Current assets
€585k▲ 26.4%
Equity and liabilities €1.20M
Equity
€824k▲ 19.4%
Debt
€379k▼ 15.5%
The debt ratio falls from 39.4% to 31.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€271k▲
2024 · €227k
Cash flow
€204k▲
2024 · €178k
Solvency
68.5%▲
2024 · 60.6%
Current ratio
4.14▲
2024 · 2.86
Quick ratio
3.90▲
2024 · 2.69
Debt / equity
0.46▼
2024 · 0.65
ROE
16.3%▲
2024 · 16.1%
ROA
11.1%▲
2024 · 9.8%
Interest coverage
23.96▼
2024 · 38.02
Debt
€379k▼
2024 · €448k
Debt ≤ 1 year
€141k▼
2024 · €162k
Debt > 1 year
€238k▼
2024 · €287k
Income taxes
€57k▲
2024 · €45k
Staff costs
€46k▼
2024 · €52k
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€1.14M€1.20M▲
Fixed assets21/28€676k€618k▼
Intangible fixed assets21€1k€683▼
Tangible fixed assets22/27€674k€617k▼
Land and buildings22€481k€461k▼
Plant, machinery and equipment23€32k€21k▼
Furniture and vehicles24€6k€5k▼
Leasing and similar rights25€45k€34k▼
Other tangible fixed assets26€110k€95k▼
Current assets29/58€463k€585k▲
Stocks and contracts in progress3€27k€34k▲
Stocks30/36€27k€34k▲
Amounts receivable within one year40/41€135k€99k▼
Trade receivables40€135k€99k▼
Other amounts receivable41€0€74▲
Current investments50/53€30k€20k▼
Cash at bank and in hand54/58€256k€426k▲
Deferred charges and accrued income490/1€14k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.20M▲
Equity10/15€690k€824k▲
Contributions10/11€12k€12k=
Reserves13€678k€812k▲
Distributable reserves133€678k€812k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€448k€379k▼
Amounts payable after more than one year17€287k€238k▼
Financial debts170/4€287k€238k▼
Amounts payable within one year42/48€162k€141k▼
Current portion of amounts payable after more than one year42€48k€49k▲
Financial debts43€10k€13k▲
Credit institutions430/8-€1k
Other loans439€10k€12k▲
Trade debts44€9k€9k▲
Suppliers440/4€9k€9k▲
Taxes, remuneration and social security45€32k€61k▲
Taxes450/3€27k€49k▲
Remuneration and social security454/9€5k€12k▲
Other amounts payable47/48€62k€9k▼
Income statement
Code20242025
Non-recurring operating income76A€14k€0▼
Remuneration, social security and pensions62€52k€46k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€70k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€282k€319k▲
Operating profit (loss)9901€160k€201k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€6k€11k▲
Recurring financial charges65€6k€11k▲
Profit (loss) for the period before taxes9903€156k€192k▲
Income taxes67/77€45k€57k▲
Profit (loss) for the period9904€111k€134k▲
Profit (loss) for the period to be appropriated9905€111k€134k▲
Appropriation of the result
Profit (loss) to be appropriated9906€111k€134k▲
Transfer from equity791/2€60k€0▼
Transfer to equity691/2€111k€134k▲
To other reserves6921€111k€134k▲
Profit to be distributed694/7€60k€0▼
Return on contributions (dividend)694€60k€0▼
The notes to these accounts (13 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Highest result since 2018net €134k ▲20.6%
Operating result €201k, net result €134k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Equity above €500kEq €536k ▲20.6%
5 profitable years in a row build equity to €536k.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €251k ▲73%
2 profitable years in a row build equity to €251k.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
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, Alken · 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.
Groenmolenstraat 11133570 AlkenGround area
3,430 m²
Building footprint
415 m²
Volume, LiDAR
2,190 m³
Parcel 73302C0079/00D003, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Steunzool Center
since 20112.203.229.591
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73302C0079/00D003 | Flanders | 3,430 m² | 1 · 415 m² | 6.3 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
Dr. Hilde Vandecauter
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DR PAUWELS ERIC ANESTHESIE
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Société médicale Etienne PASSELECQ
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NbCR
BE 0802.885.529
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Of 16,604 companies in sector 86220 we hold annual accounts for 7,961. 5,981 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2011
Fiscal year end31-12
Activities, NACEBEL
86220Specialist medical practice
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.