ACTIVE

ORTHO LATEM

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Financial year 2025 · Closed on 31/12/2025

Net result220,2 k €+9,2 %over 1 year
Gross margin499,4 k €+6,6 %over 1 year
Equity1,1 M €+10,8 %over 1 year

Identity

Source · BCE/KBO

ORTHO LATEM is a Private limited company incorporated in 1996. Its main activity is: Dental practice activities. Its registered office is in Sint-Martens-Latem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.361.424
Incorporation
27/06/1996
Legal form
Private limited company
Registered office
Latemstraat 113
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Joint committees (3)
  • 30503
  • 330
  • 33004
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin499,4 k €468,4 k €546 k €485,4 k €476,7 k €
EBITDA402,8 k €380,1 k €462,9 k €394,6 k €396,7 k €
Operating result318 k €292,1 k €381,9 k €277,4 k €274,9 k €
Net result220,2 k €201,6 k €270,8 k €185,4 k €188 k €
Balance sheet
Equity1,1 M €987,2 k €966,3 k €735,5 k €646,5 k €
Total assets1,3 M €1,2 M €1,3 M €1 M €1,2 M €
Cash587,6 k €283,9 k €372,4 k €319 k €521,5 k €
Debts250,7 k €220,6 k €285,1 k €294,9 k €508,8 k €
Other
Workforce–0,0 ETP0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 15 ended

Active mandates

Margareta Michiels

Director

Active

Ended mandates

Margareta Michiels

Director · since 29 mars 2012

Ended
Margareta Michiels

Manager · since 29 mars 2012

Ended
Godelieve Michiels

Director · since 27 juin 2008 · until 29 mars 2012

Ended
Godelieve Michiels

Director · since 27 juin 2008 · until 27 juin 2014

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro 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 date29/06/202623/07/202522/07/202419/07/202326/07/202222/07/2021
General meeting26/06/202627/06/202528/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202629/06/2026DutchPDF
Abridged model31/12/202427/06/202523/07/2025DutchPDF
Abridged model31/12/202328/06/202422/07/2024DutchPDF
Micro model31/12/202230/06/202319/07/2023DutchPDF
Micro model31/12/202130/06/202226/07/2022DutchPDF
Micro model31/12/202030/06/202122/07/2021DutchPDF
Micro model31/12/201930/06/202028/07/2020DutchPDF
Micro model31/12/201828/06/201923/07/2019DutchPDF
Micro model31/12/201729/06/201823/07/2018DutchPDF
Micro model31/12/201630/06/201719/07/2017DutchPDF
Abridged model31/12/201530/06/201625/07/2016DutchPDF
Abridged model31/12/201430/06/201511/08/2015DutchPDF
Abridged model31/12/201330/06/201428/07/2014DutchPDF
Abridged model31/12/201228/06/201331/07/2013DutchPDF
Abridged model31/12/201129/06/201229/08/2012DutchPDF
Abridged model31/12/201030/06/201129/07/2011DutchPDF
Abridged model31/12/200925/06/201020/07/2010DutchPDF
Abridged model31/12/200826/06/200924/09/2009DutchPDF
Abridged model31/12/200727/06/200824/09/2008DutchPDF
Abridged model31/12/200629/06/200723/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 15 ended

Active mandates

Margareta Michiels

Director

Active

Ended mandates

Margareta Michiels

Director · since 29 mars 2012

Ended
Margareta Michiels

Manager · since 29 mars 2012

Ended
Godelieve Michiels

Director · since 27 juin 2008 · until 29 mars 2012

Ended
Godelieve Michiels

Director · since 27 juin 2008 · until 27 juin 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/04/2012
    ALGEMENE VERGADERING - BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/10/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2004
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/09/2003
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BOEKJAAR
    PDF
  • Mandates14/10/2002
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025220,2 k €↑
  2. 2024
    Annual accounts 2024201,6 k €↓
  3. 2023
    Annual accounts 2023270,8 k €↑
  4. 2022
    Annual accounts 2022185,4 k €↓
  5. 2021
    Annual accounts 2021188 k €↑
  6. 2018
    Annual accounts 201893,3 k €↓
  7. 2017
    Annual accounts 201796,4 k €↑
  8. 2016
    Annual accounts 201689,8 k €↑
  9. 2015
    Annual accounts 201550,4 k €↑
  10. 2014
    Annual accounts 201431,5 k €↑
  11. 2013
    Annual accounts 201320,3 k €↑
  12. 2012
    Annual accounts 2012-2,2 k €↓
  13. 2011
    Annual accounts 20111,9 k €↓
  14. 2011
    Name changeOrtho Latem
  15. 2010
    Annual accounts 201012,1 k €↓
  16. 2009
    Annual accounts 200926 k €↑
  17. 2008
    Annual accounts 200815 k €↓
  18. 2007
    Annual accounts 200727 k €↑
  19. 2006
    Annual accounts 2006-5,2 k €
  20. 2006
    Name changeGREET MICHIELS ORTHODONTIE
  21. 27/06/1996
    IncorporationPrivate limited company