ACTIVE

ORTHO-TECH SMEETS

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Financial year 2025 · closed on 31/12/2025

Net result

160,3 k €

-1.2% YoY

Gross margin

489 k €

-12.6% YoY

Equity

1,3 M €

+2.8% YoY

Workforce

2,3 ETP

-25.8% YoY

What does ORTHO-TECH SMEETS do?

ORTHO-TECH SMEETS is a Private limited company incorporated in 1996. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Kapellen. It employs on average 2,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.374.182

Incorporation

11/12/1996

Legal form

Private limited company

Registered office

Hoevensebaan 111-113
2950 Kapellen · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

2,3 ETP

Activities (NACE)

32500Manufacture of medical and dental instruments and supplies· main 32500Manufacture of medical and dental instruments and supplies 33103Repair of fabricated metal products, machinery and equipment 47740Retail sale of medical and orthopaedic goods in specialised stores 47741Retail sale of medical and orthopaedic goods in specialised stores 52320Warehousing and support activities for transportation

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	489 k €	-12.6%	559,2 k €	-23.6%	731,7 k €	+102%	362 k €	-31.5%	528,5 k €	+33.7%	395,3 k €	-5.4%	418 k €	-9.4%	461,4 k €	+35.0%	341,8 k €	+8.2%	316 k €	-7.7%	342,4 k €	-15.6%	405,8 k €	+16.8%	347,6 k €	-8.4%	379,6 k €	+16.9%	324,7 k €	+16.1%	279,6 k €	+18.0%	237 k €	-11.0%	266,2 k €	+21.0%	220,1 k €
EBITDA	319,5 k €	-0.1%	319,8 k €	-37.7%	513,2 k €	+152%	203,3 k €	-42.2%	351,9 k €	+26.5%	278,2 k €	+0.1%	278 k €	+19.2%	233,2 k €	-2.7%	239,5 k €	+33.7%	179,1 k €	-23.6%	234,4 k €	-19.0%	289,5 k €	+17.5%	246,3 k €	-13.1%	283,3 k €	+17.0%	242,2 k €	-6.9%	260,1 k €	+18.9%	218,7 k €	-10.4%	244,1 k €	+31.5%	185,6 k €
Operating result	254,1 k €	+3.8%	244,9 k €	-45.8%	451,9 k €	+238%	133,8 k €	-48.5%	259,7 k €	+25.3%	207,4 k €	-0.8%	209,1 k €	+50.2%	139,2 k €	+0.8%	138 k €	+35.9%	101,5 k €	-40.9%	171,7 k €	-15.8%	203,9 k €	+4.9%	194,4 k €	-15.4%	229,9 k €	+30.3%	176,4 k €	-8.3%	192,4 k €	+28.1%	150,2 k €	-18.6%	184,5 k €	+42.7%	129,3 k €
Net result	160,3 k €	-1.2%	162,3 k €	-46.3%	302,2 k €	+258%	84,5 k €	-51.2%	173,1 k €	+21.7%	142,3 k €	+3.0%	138,2 k €	+68.3%	82,1 k €	-4.5%	86 k €	+24.1%	69,3 k €	-31.3%	100,8 k €	-24.7%	133,8 k €	+2.9%	130 k €	+4.2%	124,9 k €	+6.8%	116,9 k €	+7.2%	109 k €	+542%	-24,7 k €	-121%	115,4 k €	+78.6%	64,6 k €
Balance sheet
Equity	1,3 M €	+2.8%	1,2 M €	-0.3%	1,3 M €	+7.1%	1,2 M €	+7.8%	1,1 M €	-15.0%	1,3 M €	+12.6%	1,1 M €	+13.9%	995,3 k €	+9.0%	913,2 k €	+10.4%	827,2 k €	+9.1%	757,9 k €	+15.3%	657,1 k €	+16.7%	563,2 k €	+30.0%	433,3 k €	-14.8%	508,5 k €	+31.4%	386,9 k €	+39.2%	277,9 k €	+14.6%	242,6 k €	+90.8%	127,1 k €
Total assets	1,4 M €	-3.2%	1,4 M €	-6.3%	1,5 M €	+5.9%	1,4 M €	-0.5%	1,4 M €	-14.0%	1,7 M €	+14.0%	1,5 M €	+2.5%	1,4 M €	-4.7%	1,5 M €	+8.6%	1,4 M €	+16.3%	1,2 M €	-1.6%	1,2 M €	+44.8%	842,1 k €	+8.6%	775,5 k €	-6.8%	832 k €	+6.4%	781,8 k €	+16.6%	670,6 k €	+23.2%	544,1 k €	-5.8%	577,7 k €
Cash	713,7 k €	-0.8%	719,2 k €	+0.3%	717 k €	+0.9%	710,2 k €	+6.6%	666,1 k €	-16.3%	795,9 k €	+26.5%	629 k €	+23.9%	507,6 k €	+47.3%	344,5 k €	-26.5%	468,8 k €	-19.0%	579 k €	+18.6%	488,4 k €	+6.4%	459,1 k €	+13.5%	404,3 k €	+29.8%	311,5 k €	-3.8%	323,9 k €	+47.8%	219,1 k €	+82.7%	119,9 k €	-33.4%	179,9 k €
Debts	102,1 k €	+40.1%	72,8 k €	-57.2%	170,3 k €	-37.9%	274,1 k €	-20.4%	344,3 k €	-14.6%	403,1 k €	+16.4%	346,3 k €	-22.8%	448,9 k €	-25.3%	601 k €	+5.9%	567,4 k €	+28.5%	441,5 k €	-21.4%	561,9 k €	+101%	278,8 k €	-18.4%	341,5 k €	+5.6%	323,5 k €	-18.1%	394,8 k €	+0.5%	392,7 k €	+30.2%	301,6 k €	-33.1%	450,6 k €
Other
Workforce	2,3 ETP	-25.8%	3,1 ETP		–		2,7 ETP	+12.5%	2,4 ETP	-33.3%	3,6 ETP	+5.9%	3,4 ETP	-2.9%	3,5 ETP		–		3,4 ETP	+36.0%	2,5 ETP	0.0%	2,5 ETP	+66.7%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	+200%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	-58.3%	1,2 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 · 2 active · 2 ended

Active mandates

Daan Smeets

Director · since 16 juin 2022

Active

Tijs SMEETS

Director · since 16 juin 2022

Active

Ended mandates

BART SMEETS

Mandate

Ended

DAPNE MARIN

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
Vereniging van Mede-eigenaars van het gebouw te 2950 Kapellen, Hoevensebaan 111-113● Active	0842.999.383

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/10/2020	01/10/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	15 months	12 months
Filing date	31/07/2026	29/08/2025	31/07/2024	09/11/2023	23/12/2022	26/03/2021
General meeting	26/06/2026	28/06/2025	14/06/2024	30/09/2023	18/11/2022	01/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	29/08/2025	Dutch	PDF
Micro model	31/12/2023	14/06/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/09/2023	09/11/2023	Dutch	PDF
Abridged model	31/12/2021	18/11/2022	23/12/2022	Dutch	PDF
Abridged model	30/09/2020	01/03/2021	26/03/2021	Dutch	PDF
Abridged model	30/09/2019	02/03/2020	30/03/2020	Dutch	PDF
Abridged model	30/09/2018	04/03/2019	03/04/2019	Dutch	PDF
Abridged model	30/09/2017	05/03/2018	03/04/2018	Dutch	PDF
Abridged model	30/09/2016	05/03/2017	27/03/2017	Dutch	PDF
Abridged model	30/09/2015	04/03/2016	21/03/2016	Dutch	PDF
Abridged model	30/09/2014	05/03/2015	12/03/2015	Dutch	PDF
Abridged model	30/09/2013	06/03/2014	19/03/2014	Dutch	PDF
Abridged model	30/09/2012	07/03/2013	26/03/2013	Dutch	PDF
Abridged model	30/09/2011	03/03/2012	24/04/2012	Dutch	PDF
Abridged model	30/09/2010	03/03/2011	30/03/2011	Dutch	PDF
Abridged model	30/09/2009	04/03/2010	20/03/2010	Dutch	PDF
Abridged model	30/09/2008	05/03/2009	23/03/2009	Dutch	PDF
Abridged model	30/09/2007	01/03/2008	26/03/2008	Dutch	PDF
Abridged model	30/09/2006	01/03/2007	13/03/2007	Dutch	PDF

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 · 2 active · 2 ended

Active mandates

Daan Smeets

Director · since 16 juin 2022

Active

Tijs SMEETS

Director · since 16 juin 2022

Active

Ended mandates

BART SMEETS

Mandate

Ended

DAPNE MARIN

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office04/10/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/09/2021
WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other23/10/2014
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/07/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2004
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025160,3 k €↓
2024
Annual accounts 2024162,3 k €↓
2023
Annual accounts 2023302,2 k €↑
2022
Annual accounts 202284,5 k €↓
2021
Annual accounts 2021173,1 k €↑
2020
Annual accounts 2020142,3 k €↑
2019
Annual accounts 2019138,2 k €↑
2018
Annual accounts 201882,1 k €↓
2017
Annual accounts 201786 k €↑
2016
Annual accounts 201669,3 k €↓
2015
Annual accounts 2015100,8 k €↓
2014
Annual accounts 2014133,8 k €↑
2013
Annual accounts 2013130 k €↑
2012
Annual accounts 2012124,9 k €↑
2011
Annual accounts 2011116,9 k €↑
2010
Annual accounts 2010109 k €↑
2009
Annual accounts 2009-24,7 k €↓
2008
Annual accounts 2008115,4 k €↑
2007
Annual accounts 200764,6 k €
11/12/1996
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ORTHO-TECH SMEETS

Overview

What does ORTHO-TECH SMEETS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline