ORTHO-MAIN
ActiveSummary
ORTHO-MAIN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €312k and a net result of €32k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-10
Solvency100▲+22
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.62 against 2.1 in 2024; short-term debt: 20.5% and cash: 41.6% of total assets), and 20.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
79.2%
Return on assets
8.2%
Age of the figures
9 mo
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
120 d early
2023
75 d early
2022
75 d early
2021
69 d early
2020
57 d early
2019
63 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€312k▲ 11.5%
2024 · €279k
2018: €110k
2019: €152k
2020: €165k
2021: €215k
2022: €290k
2023: €398k
2024: €279k
2018 → 2025
Total assets
€394k▼ 26.0%
2024 · €532k
2018: €237k
2019: €241k
2020: €291k
2021: €286k
2022: €344k
2023: €443k
2024: €532k
2018 → 2025
Net result
€32k▼ 62.6%
2024 · €86k
2018: €36k
2019: €41k
2020: €13k
2021: €43k
2022: €75k
2023: €108k
2024: €86k
2018 → 2025
Working capital
€211k▼ 23.4%
2024 · €275k
2018: €-15k
2019: €19k
2020: €87k
2021: €184k
2022: €286k
2023: €389k
2024: €275k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€215k-€290k▲ 35.1%€398k▲ 37.2%€279k▼ 29.8%€312k▲ 11.5%
Operating result€68k-€111k▲ 62.0%€151k▲ 37.0%€108k▼ 28.7%€42k▼ 61.3%
Net result€43k-€75k▲ 73.5%€108k▲ 43.3%€86k▼ 20.1%€32k▼ 62.6%
Turnover and EBIT margin not published: the 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 61% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €394k
Fixed assets
€102k ▲ 1,735%
Current assets
€292k ▼ 44.6%
Equity and liabilities €394k
Equity
€312k ▲ 11.5%
Debt
€82k ▼ 67.6%
Debt's share of the balance-sheet total falls from 47.5% to 20.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▼
2024 · €111k
Cash flow
€41k▼
2024 · €90k
Current ratio
3.62▲
2024 · 2.10
Debt to equity
0.26▼
2024 · 0.90
ROE
10.4%▼
2024 · 30.9%
ROA
8.2%▼
2024 · 16.2%
Interest coverage
24.65▼
2024 · 41.52
Debt ≤ 1 year
€81k▼
2024 · €251k
Income taxes
€13k▼
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€532k€394k▼
Fixed assets21/28€6k€102k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€5k€102k▲
Land and buildings22€242€70k▲
Furniture and vehicles24€5k€32k▲
Financial fixed assets28€160€160=
Current assets29/58€526k€292k▼
Amounts receivable within one year40/41€62k€52k▼
Trade receivables40€49k€25k▼
Other amounts receivable41€13k€27k▲
Current investments50/53€70k€70k=
Cash at bank and in hand54/58€388k€164k▼
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€532k€394k▼
Equity10/15€279k€312k▲
Contributions10/11€19k€19k=
Reserves13€260k€292k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€241k€273k▲
Profit (loss) carried forward14€637€900▲
Amounts payable17/49€252k€82k▼
Amounts payable within one year42/48€251k€81k▼
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Advances received on contracts in progress46-€33k
Taxes, remuneration and social security45€17k€16k▼
Taxes450/3€17k€14k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€230k€25k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€9k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€112k€52k▼
Operating profit (loss)9901€108k€42k▼
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€109k€45k▼
Income taxes67/77€23k€13k▼
Profit (loss) for the period9904€86k€32k▼
Profit (loss) for the period to be appropriated9905€86k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€87k€33k▼
Profit (loss) brought forward from the previous period14P€377€637▲
Transfer from equity791/2€119k-
Transfer to equity691/2-€32k
To other reserves6921-€32k
Profit to be distributed694/7€205k-
Return on contributions (dividend)694€205k-
The notes to these accounts (8 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
24-09
State Gazette act
Registered-office move · General meetingRegistered-office move2 facts ▸
State Gazette act
Registered-office move · General meeting
Registered-office move2 facts ▸
- Registered-office move, Rue des Cerisiers, Courtil 47, 6671 Gouvy
- General meeting, 16-09-2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €108k ▲43.3%
Operating result €151k, net result €108k, both a record.
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 3.60
Current ratio from 1.75 to 3.60; short-term debt falls from €117k to €71k.
31-12
Financial
Equity above €200kEq €215k ▲30%
4 profitable years in a row build equity to €215k.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €13k ▼68%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Equity above €150kEq €152k ▲37.5%
2 profitable years in a row build equity to €152k.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gouvy · 2 establishment units since 2015
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.
Courtil 626671 GouvyGround area
710 m²
Building footprint
248 m²
Volume, LiDAR
915 m³
2 parcels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ORTHO-MAIN
since 20152.246.626.896
SIEGE SOCIAL de l'Entreprise
since 20222.330.564.758
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82007E0414/00L000 | Wallonia | 565 m² | 1 · 146 m² | - |
| 92094B0050/00P002 | Wallonia | 145 m² | 1 · 102 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,627 companies in sector 86220 we hold annual accounts for 7,974. 6,653 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesE-mail:luc@depierreux.com
Phone:0497/428.621
E-mail:ldepierreux@proximus.be
Phone:0032 471 58 23 32