ACTIVE

ORTIS

Financial year 2025 · closed on 31/12/2025
Net result
627 k €
+222.5% YoY
Revenue
19,4 M €
+9.6% YoY
Equity
5,8 M €
+11.8% YoY
Workforce
68,3 ETP
+0.7% YoY

What does ORTIS do?

ORTIS is a Public limited company incorporated in 1976. Its main activity is: Manufacture of other food products n.e.c.. Its registered office is in Bütgenbach. It employs on average 68,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0415.889.379
Incorporation
26/02/1976
Legal form
Public limited company
Registered office
Weywertz,Hinter der Heck 46
4750 Bütgenbach · WallonieSee on map
Contributed capital
3 863 980,99 €
Latest accounts
31/12/2025
Average workforce
68,3 ETP
Joint committees (2)
  • 118
  • 220
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Revenue19,4 M €17,7 M €18,2 M €17,8 M €17,2 M €18,1 M €18,8 M €4,4 M €4 M €4,4 M €4,6 M €5,1 M €4,7 M €
EBITDA1,8 M €431 k €1,1 M €645,6 k €891,5 k €1,2 M €287,4 k €886,3 k €648,7 k €399 k €769,9 k €996,7 k €912,1 k €
Operating result591 k €-427,7 k €56,5 k €-406,1 k €99,6 k €296,1 k €-622,8 k €-4,5 k €-13,3 k €115,4 k €32,3 k €102,6 k €164,3 k €
Net result627 k €-512 k €-31 k €-710,7 k €87,5 k €248 k €-618,7 k €78,5 k €238,9 k €190,9 k €64,2 k €119,2 k €85,7 k €
Balance sheet
Equity5,8 M €5,2 M €5,7 M €5,8 M €6,4 M €6,4 M €6,1 M €6,7 M €6,6 M €6,4 M €6,2 M €6,1 M €2,3 M €
Total assets15,5 M €14,6 M €16 M €15,4 M €14,9 M €12,4 M €12 M €13 M €13 M €11,6 M €12 M €12 M €11,2 M €
Cash51,9 k €80,6 k €304,7 k €263,2 k €1,9 M €1,3 M €276,6 k €1,4 M €2,4 M €2,6 M €4,1 M €3,2 M €2,4 M €
Debts9,7 M €9,4 M €10,3 M €9,6 M €8,4 M €6 M €5,7 M €6 M €6,1 M €4,5 M €5 M €5,4 M €8,6 M €
Other
Workforce68,3 ETP67,8 ETP70,1 ETP73,2 ETP71,3 ETP70,0 ETP70,4 ETP69,3 ETP77,5 ETP74,6 ETP77,6 ETP78,7 ETP81,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 18 ended

Active mandates

SOGINVEST

Director · since 19 janvier 2026 · until 08 juin 2029 · 0455.682.739

Represented by André Kilesse

Active
UPWIND

Director · since 19 janvier 2026 · until 08 juin 2029 · 0646.784.023

Represented by Yves Dinsart

Active
SPARAXIS

Director · since 04 octobre 2024 · until 17 novembre 2025 · 0452.116.307

Represented by Francine Turck

Active
Michel Horn

Managing director · since 25 août 2023 · until 08 juin 2029

Active
Philippe HORN

Director · since 25 août 2023 · until 08 juin 2029

Active
TECTIS MATA

Director · since 25 août 2023 · until 23 octobre 2025 · 0568.777.811

Represented by Frédéric Luizi

Active

Ended mandates

SPARAXIS

Director · since 04 octobre 2024 · until 08 juin 2029 · 0452.116.307

Represented by Francine Turck

Ended
SAMANDA

Director · since 25 août 2023 · until 08 juin 2029 · 0480.028.848

Represented by Francine Turck

Ended
TECTIS MATA

Director · since 25 août 2023 · until 08 juin 2029 · 0568.777.811

Represented by Frédéric Luizi

Ended
SAMANDA

Director · since 10 juin 2022 · until 09 juin 2023 · 0480.028.848

Represented by Francine Turck

Ended
At this address

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0899.031.137
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/05/202626/06/202507/10/202431/08/202330/06/202229/06/2021
General meeting04/05/202613/06/202504/10/202425/08/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/05/202628/05/2026FrenchPDF
Full model31/12/202413/06/202526/06/2025FrenchPDF
Full model31/12/202304/10/202407/10/2024FrenchPDF
Full model31/12/202225/08/202331/08/2023FrenchPDF
Full model31/12/202110/06/202230/06/2022FrenchPDF
Full model31/12/202011/06/202129/06/2021FrenchPDF
Full model31/12/201912/06/202017/06/2020FrenchPDF
Full model31/12/201814/06/201902/07/2019FrenchPDF
Full model31/12/201708/06/201827/06/2018FrenchPDF
Full model31/12/201609/06/201719/07/2017FrenchPDF
Full model31/12/201510/06/201614/07/2016FrenchPDF
Full model31/12/201412/06/201523/07/2015FrenchPDF
Full model31/12/201313/06/201429/07/2014FrenchPDF
Full model31/12/201231/05/201328/06/2013FrenchPDF
Full model31/12/201131/05/201228/07/2012FrenchPDF
Full model31/12/201031/05/201121/09/2011FrenchPDF
Full modelCorrection31/12/200931/05/201006/06/2011FrenchPDF
Full model31/12/200931/05/201027/07/2010FrenchPDF
Full model31/12/200829/05/200912/08/2009FrenchPDF
Full model31/12/200731/05/200814/07/2008FrenchPDF
Full model31/12/200631/05/200716/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 18 ended

Active mandates

SOGINVEST

Director · since 19 janvier 2026 · until 08 juin 2029 · 0455.682.739

Represented by André Kilesse

Active
UPWIND

Director · since 19 janvier 2026 · until 08 juin 2029 · 0646.784.023

Represented by Yves Dinsart

Active
SPARAXIS

Director · since 04 octobre 2024 · until 17 novembre 2025 · 0452.116.307

Represented by Francine Turck

Active
Michel Horn

Managing director · since 25 août 2023 · until 08 juin 2029

Active
Philippe HORN

Director · since 25 août 2023 · until 08 juin 2029

Active
TECTIS MATA

Director · since 25 août 2023 · until 23 octobre 2025 · 0568.777.811

Represented by Frédéric Luizi

Active

Ended mandates

SPARAXIS

Director · since 04 octobre 2024 · until 08 juin 2029 · 0452.116.307

Represented by Francine Turck

Ended
SAMANDA

Director · since 25 août 2023 · until 08 juin 2029 · 0480.028.848

Represented by Francine Turck

Ended
TECTIS MATA

Director · since 25 août 2023 · until 08 juin 2029 · 0568.777.811

Represented by Frédéric Luizi

Ended
SAMANDA

Director · since 10 juin 2022 · until 09 juin 2023 · 0480.028.848

Represented by Francine Turck

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/12/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/11/2021
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025627 k €
  2. 2024
    Annual accounts 2024-512 k €
  3. 2023
    Annual accounts 2023-31 k €
  4. 2022
    Annual accounts 2022-710,7 k €
  5. 2021
    Annual accounts 202187,5 k €
  6. 2020
    Annual accounts 2020248 k €
  7. 2019
    Annual accounts 2019-618,7 k €
  8. 2018
    Annual accounts 201878,5 k €
  9. 2017
    Annual accounts 2017238,9 k €
  10. 2016
    Annual accounts 2016190,9 k €
  11. 2015
    Annual accounts 201564,2 k €
  12. 2014
    Annual accounts 2014119,2 k €
  13. 2013
    Annual accounts 201385,7 k €
  14. 26/02/1976
    IncorporationPublic limited company