ACTIVE

OSTEON

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Financial year 2025 · closed on 31/12/2025

Net result

-66,8 k €

-258.1% YoY

Gross margin

116,4 k €

-41.4% YoY

Equity

2,4 M €

-2.7% YoY

What does OSTEON do?

OSTEON is a Public limited company incorporated in 1997. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Tienen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.094.754

Incorporation

25/02/1997

Legal form

Public limited company

Registered office

Bietenweg 4
3300 Tienen · FlandreSee on map

Contributed capital

175 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

32500Manufacture of medical and dental instruments and supplies· main 32500Manufacture of medical and dental instruments and supplies 33102Repair of fabricated metal products, machinery and equipment

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	116,4 k €	-41.4%	198,6 k €	+121%	90 k €	-60.4%	227,7 k €	-40.8%	384,5 k €	+2.4%	375,4 k €	+0.6%	373,2 k €	-9.3%	411,6 k €	-6.6%	440,6 k €	-32.9%	657 k €	+20.4%	545,6 k €	-11.4%	615,7 k €	+12.4%	547,7 k €	-9.2%	603,4 k €	-10.8%	676,4 k €	+8.0%	626,4 k €	+16.9%	535,9 k €	+5.0%	510,5 k €
EBITDA	72,5 k €	-58.1%	172,9 k €	+170%	64,1 k €	-65.9%	188,2 k €	-28.3%	262,5 k €	+20.7%	217,5 k €	-14.4%	254 k €	-17.5%	307,8 k €	+21.8%	252,8 k €	-48.9%	494,3 k €	+25.7%	393,2 k €	-20.6%	495,3 k €	+17.9%	420,1 k €	-10.8%	470,7 k €	-7.2%	507 k €	+5.7%	479,5 k €	+20.1%	399,4 k €	+2.0%	391,7 k €
Operating result	-65,8 k €	-253%	43 k €	+168%	-63,7 k €	-204%	61,2 k €	-30.1%	87,6 k €	+196%	-90,8 k €	-466%	24,8 k €	-74.3%	96,3 k €	+16.9%	82,4 k €	-71.8%	292,8 k €	+7.4%	272,6 k €	-7.7%	295,3 k €	+31.2%	225,1 k €	-7.6%	243,7 k €	-10.7%	272,8 k €	+34.4%	202,9 k €	-9.9%	225,2 k €	-19.3%	279 k €
Net result	-66,8 k €	-258%	42,2 k €	+167%	-62,6 k €	-220%	52,1 k €	-28.7%	73,1 k €	+181%	-90,7 k €	-403%	-18 k €	+34.4%	-27,5 k €	-134%	81,4 k €	-64.3%	227,9 k €	-0.8%	229,7 k €	+33.3%	172,4 k €	-0.2%	172,7 k €	-1.1%	174,6 k €	-21.0%	221,1 k €	+104%	108,3 k €	+4.5%	103,7 k €	-58.6%	250,4 k €
Balance sheet
Equity	2,4 M €	-2.7%	2,5 M €	+1.7%	2,5 M €	-2.5%	2,5 M €	+2.1%	2,5 M €	+3.1%	2,4 M €	-3.6%	2,5 M €	-0.7%	2,5 M €	-1.1%	2,5 M €	+3.3%	2,5 M €	+10.3%	2,2 M €	+11.5%	2 M €	+9.5%	1,8 M €	+10.5%	1,6 M €	+11.8%	1,5 M €	+17.7%	1,3 M €	+9.5%	1,1 M €	+10.0%	1 M €
Total assets	2,7 M €	-3.7%	2,8 M €	-0.1%	2,8 M €	-4.5%	2,9 M €	-3.7%	3,1 M €	-8.2%	3,3 M €	+12.9%	2,9 M €	-1.3%	3 M €	-4.7%	3,1 M €	-1.4%	3,2 M €	+25.2%	2,5 M €	+9.6%	2,3 M €	+0.7%	2,3 M €	-0.4%	2,3 M €	-3.7%	2,4 M €	-4.1%	2,5 M €	+44.8%	1,7 M €	-4.3%	1,8 M €
Cash	357,6 k €	+8.5%	329,6 k €	+1.2%	325,6 k €	-9.3%	359 k €	+21.2%	296,2 k €	-17.8%	360,4 k €	-41.4%	615,3 k €	+12.3%	547,8 k €	-5.8%	581,8 k €	+4.0%	559,2 k €	-16.0%	665,7 k €	+34.2%	496,1 k €	-11.2%	558,6 k €	-9.1%	614,3 k €	+38.1%	445 k €	+31.1%	339,4 k €	+68.7%	201,2 k €	-30.3%	288,8 k €
Debts	266,8 k €	-12.5%	305 k €	-12.7%	349,3 k €	-16.8%	419,7 k €	-28.2%	584,5 k €	-37.2%	930,1 k €	+103%	458,8 k €	-4.2%	478,9 k €	-20.1%	599 k €	-17.4%	725,3 k €	+131%	314,2 k €	-2.3%	321,6 k €	-32.8%	478,8 k €	-27.4%	659,9 k €	-28.4%	921,9 k €	-26.0%	1,2 M €	+115%	580,3 k €	-23.8%	761,6 k €
Other
Workforce	–		–		–		0,1 ETP	-93.3%	1,5 ETP	-28.6%	2,1 ETP	-8.7%	2,3 ETP	0.0%	2,3 ETP	-11.5%	2,6 ETP	+13.0%	2,3 ETP	+15.0%	2,0 ETP	-13.0%	2,3 ETP	0.0%	2,3 ETP	+43.7%	1,6 ETP	-20.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Gaetan Borremans

Director · since 11 mars 2021 · until 28 mai 2026

Active

Ended mandates

Gaetan Borremans

Director · since 26 juillet 2019 · until 26 juillet 2025

Ended

Nicole Roelants

Director · since 26 juillet 2019 · until 26 juillet 2025

Ended

Product Consult Management

Director · since 26 juillet 2019 · until 26 juillet 2025 · 0431.133.029

Represented by Gaetan Borremans

Ended

Gaetan Borremans

Director · since 21 juillet 2013 · until 21 juillet 2019

Ended

At this address

Other companies at this address

Company	CBE no.
Product Consult Management● Active	0431.133.029
Vereniging van Mede-eigenaars Gebouw te Tienen (2e afdeling), Bietenweg 4● Active	0888.322.139

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/08/2026	12/08/2025	29/08/2024	18/09/2023	13/09/2022	12/08/2021
General meeting	28/05/2026	01/07/2025	30/05/2024	25/05/2023	21/07/2022	21/07/2021
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	28/05/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2024	01/07/2025	12/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/05/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	25/05/2023	18/09/2023	Dutch	PDF
Abridged model	31/12/2021	21/07/2022	13/09/2022	Dutch	PDF
Abridged model	31/12/2020	21/07/2021	12/08/2021	Dutch	PDF
Abridged model	31/12/2019	24/09/2020	02/10/2020	Dutch	PDF
Abridged model	31/12/2018	26/07/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	21/07/2018	17/09/2018	Dutch	PDF
Abridged model	31/12/2016	11/09/2017	21/09/2017	Dutch	PDF
Abridged model	31/12/2015	21/07/2016	04/08/2016	Dutch	PDF
Abridged model	31/12/2014	21/07/2015	14/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	07/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/07/2013	23/09/2013	Dutch	PDF
Abridged model	31/12/2011	09/07/2012	22/08/2012	Dutch	PDF
Abridged model	31/12/2010	21/07/2011	23/08/2011	Dutch	PDF
Abridged model	31/12/2009	21/07/2010	03/11/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	10/09/2009	Dutch	PDF
Abridged model	31/12/2007	28/05/2008	19/09/2008	Dutch	PDF
Abridged model	31/12/2006	31/07/2007	14/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 7 ended

Active mandates

Gaetan Borremans

Director · since 11 mars 2021 · until 28 mai 2026

Active

Ended mandates

Gaetan Borremans

Director · since 26 juillet 2019 · until 26 juillet 2025

Ended

Nicole Roelants

Director · since 26 juillet 2019 · until 26 juillet 2025

Ended

Product Consult Management

Director · since 26 juillet 2019 · until 26 juillet 2025 · 0431.133.029

Represented by Gaetan Borremans

Ended

Gaetan Borremans

Director · since 21 juillet 2013 · until 21 juillet 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring01/04/2021
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring15/12/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates24/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring16/04/2008
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Registered office10/09/2007
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/12/2005
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office19/05/2003
MAATSCHAPPELIJKE ZETEL
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 2025-66,8 k €↓
2024
Annual accounts 202442,2 k €↑
2023
Annual accounts 2023-62,6 k €↓
2022
Annual accounts 202252,1 k €↓
2021
Annual accounts 202173,1 k €↑
2020
Annual accounts 2020-90,7 k €↓
2019
Annual accounts 2019-18 k €↑
2018
Annual accounts 2018-27,5 k €↓
2017
Annual accounts 201781,4 k €↓
2016
Annual accounts 2016227,9 k €↓
2015
Annual accounts 2015229,7 k €↑
2014
Annual accounts 2014172,4 k €↓
2013
Annual accounts 2013172,7 k €↓
2012
Annual accounts 2012174,6 k €↓
2011
Annual accounts 2011221,1 k €↑
2010
Annual accounts 2010108,3 k €↑
2009
Annual accounts 2009103,7 k €↓
2008
Annual accounts 2008250,4 k €
25/02/1997
IncorporationPublic 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

OSTEON

Overview

What does OSTEON do?

Trend over 18 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