ACTIVE

ORTEC BELGIUM

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Financial year 2024 · Closed on 31/12/2024

Net result258,4 k €+8,1 %over 1 year
Revenue8,9 M €-7,4 %over 1 year
Equity1,2 M €+26,4 %over 1 year
Workforce40,7 ETP-10,2 %over 1 year

Identity

Source · BCE/KBO

ORTEC BELGIUM is a Private limited company incorporated in 1997. Its main activity is: Computer programming activities. Its registered office is in Boortmeerbeek. It employs on average 40,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.265.889
Incorporation
24/03/1997
Legal form
Private limited company
Registered office
Leuvensesteenweg 350
3190 Boortmeerbeek · FlandreSee on map
Contributed capital
1 218 592,01 €
Latest accounts
31/12/2024
Average workforce
40,7 ETP
Joint committees (4)
  • 100
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue8,9 M €9,6 M €7,7 M €7,4 M €6,8 M €
EBITDA355,4 k €379,7 k €424,7 k €294,9 k €285,4 k €
Operating result337,4 k €375,5 k €433,1 k €308 k €277,7 k €
Net result258,4 k €238,9 k €241,7 k €190,4 k €145,5 k €
Balance sheet
Equity1,2 M €978,5 k €739,6 k €497,9 k €307,6 k €
Total assets2,5 M €2,4 M €1,8 M €1,5 M €1,5 M €
Cash221,6 k €111,6 k €350,7 k €295,9 k €216,6 k €
Debts1,2 M €1,2 M €976,7 k €843,4 k €869,7 k €
Other
Workforce40,7 ETP45,3 ETP41,0 ETP37,0 ETP40,5 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 31/12/2024

3 active · 28 ended

Active mandates

Vincent Lemmens Consulting

Director · since 01 juin 2018 · 0644.992.887

Represented by Lemmens VINCENT

Active
KEPLER

Director · since 01 janvier 2013 · until 31 juillet 2024 · 0472.728.708

Represented by Vandenhout JAN

Active
ORTEC Optimization Technology BV

Director · since 01 novembre 2010

Represented by Hendrik Boer

Active

Ended mandates

Vincent Lemmens Consulting

Director · since 01 juin 2018 · 0644.992.887

Represented by Lemmens VINCENT

Ended
Vincent Lemmens Consulting

Director · since 01 juin 2018 · 0644.992.887

Represented by Vincent Lemmens

Ended
Vincent Lemmens Consulting

Manager · since 01 juin 2018 · 0644.992.887

Represented by Vincent Lemmens

Ended
Vincent Lemmens Consulting

Director · since 01 juin 2018 · 0644.992.887

Represented by Vincent Lemmens

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202504/06/202429/06/202328/06/202226/07/202115/07/2020
General meeting20/06/202503/06/202401/06/202301/06/202221/06/202123/06/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202420/06/202523/06/2025DutchPDF
Full model31/12/202303/06/202404/06/2024DutchPDF
Full model31/12/202201/06/202329/06/2023DutchPDF
Full model31/12/202101/06/202228/06/2022DutchPDF
Full model31/12/202021/06/202126/07/2021DutchPDF
Full model31/12/201923/06/202015/07/2020DutchPDF
Full model31/12/201803/06/201901/07/2019DutchPDF
Full model31/12/201701/06/201817/07/2018DutchPDF
Full model31/12/201601/06/201703/07/2017DutchPDF
Full model31/12/201506/06/201604/07/2016DutchPDF
Full model31/12/201401/06/201515/06/2015DutchPDF
Full model31/12/201302/06/201408/07/2014DutchPDF
Full model31/12/201203/06/201310/06/2013DutchPDF
Full model31/12/201101/06/201229/06/2012DutchPDF
Full model31/12/201001/06/201107/06/2011DutchPDF
Abridged model31/12/200901/06/201003/06/2010DutchPDF
Abridged model31/12/200802/06/200909/06/2009DutchPDF
Abridged model31/12/200702/06/200805/06/2008DutchPDF
Abridged model31/12/200601/06/200708/06/2007DutchPDF

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 31/12/2024

3 active · 28 ended

Active mandates

Vincent Lemmens Consulting

Director · since 01 juin 2018 · 0644.992.887

Represented by Lemmens VINCENT

Active
KEPLER

Director · since 01 janvier 2013 · until 31 juillet 2024 · 0472.728.708

Represented by Vandenhout JAN

Active
ORTEC Optimization Technology BV

Director · since 01 novembre 2010

Represented by Hendrik Boer

Active

Ended mandates

Vincent Lemmens Consulting

Director · since 01 juin 2018 · 0644.992.887

Represented by Lemmens VINCENT

Ended
Vincent Lemmens Consulting

Director · since 01 juin 2018 · 0644.992.887

Represented by Vincent Lemmens

Ended
Vincent Lemmens Consulting

Manager · since 01 juin 2018 · 0644.992.887

Represented by Vincent Lemmens

Ended
Vincent Lemmens Consulting

Director · since 01 juin 2018 · 0644.992.887

Represented by Vincent Lemmens

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/10/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates18/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2019
    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. 2024
    Annual accounts 2024258,4 k €↑
  2. 2023
    Annual accounts 2023238,9 k €↓
  3. 2022
    Annual accounts 2022241,7 k €↑
  4. 2021
    Annual accounts 2021190,4 k €↑
  5. 2020
    Annual accounts 2020145,5 k €↓
  6. 2019
    Annual accounts 2019145,7 k €↓
  7. 2018
    Annual accounts 2018185,3 k €↑
  8. 2017
    Annual accounts 2017114,6 k €↑
  9. 2016
    Annual accounts 20163,1 k €↓
  10. 2015
    Annual accounts 201523 k €↓
  11. 2014
    Annual accounts 201471,2 k €↑
  12. 2013
    Annual accounts 2013-150,5 k €↓
  13. 2012
    Annual accounts 201246,4 k €↓
  14. 2011
    Annual accounts 2011192,8 k €↑
  15. 2010
    Annual accounts 2010-140,1 k €↓
  16. 2009
    Annual accounts 2009-78,2 k €↓
  17. 2008
    Annual accounts 2008-37,2 k €↓
  18. 2007
    Annual accounts 2007-7,6 k €↑
  19. 2006
    Annual accounts 2006-121,1 k €
  20. 24/03/1997
    IncorporationPrivate limited company