NORMAL SITUATION

ORTHOMED

Company — Normal situation.

Financial year 2022 · Closed on 31/12/2022

Net result
620,3 k €
-26,7 %over 1 year
Gross margin
2,4 M €
-9,8 %over 1 year
Equity
4 M €
+18,5 %over 1 year
Workforce
21,8 ETP

Identity

Source · BCE/KBO

ORTHOMED is a company registered in Belgium. It employs on average 21,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.320.984
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2022
Average workforce
21,8 ETP
Joint committees (2)
  • 12806
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 27 filings

Trend over 17 financial years

20222021202020192018
Income statement
Gross margin2,4 M €2,7 M €2,7 M €1,8 M €1,6 M €
EBITDA1,3 M €1,7 M €1,8 M €1 M €1,1 M €
Operating result778,6 k €1,2 M €1,3 M €510,9 k €996,2 k €
Net result620,3 k €846,2 k €1,1 M €351,8 k €795,9 k €
Balance sheet
Equity4 M €3,4 M €2,8 M €2 M €1,9 M €
Total assets4,4 M €5,1 M €5,4 M €5,3 M €3,9 M €
Cash545,8 k €2,1 M €74,8 k €1,6 M €2,1 M €
Debts424,2 k €1,7 M €2,6 M €3,2 M €1,9 M €
Other
Workforce21,8 ETP–19,1 ETP16,1 ETP11,3 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

6 active · 10 ended

Active mandates

ELODUS

Director · since 13 avril 2022 · 0556.770.595

Represented by Daniel Sengelov

Active
M.M.C

Director · since 13 avril 2022 · 0740.466.524

Represented by Michiel Meerbergen

Active
S. Van Hecke

Director · since 13 avril 2022 · 0828.443.940

Represented by Steve Van Hecke

Active
TWinC

Director · since 13 avril 2022 · 0866.969.568

Represented by Titia Willems

Active
Magnolia Invest

Director · since 02 juin 2014 · until 13 avril 2022 · 0550.760.060

Represented by Rafaël Baeten

Active
LEMA

Director · since 01 juillet 2009 · until 13 avril 2022 · 0812.271.268

Represented by Martina Lemmens

Active

Ended mandates

Magnolia Invest

Manager · since 02 juin 2014 · 0550.760.060

Represented by Rafaël Baeten

Ended
Magnolia Invest

Manager · since 02 juin 2014 · 0550.760.060

Represented by Rafaël Baeten

Ended
LEMA

Manager · since 01 juillet 2009 · 0812.271.268

Represented by Martina Lemmens

Ended
LEMA

Manager · since 01 juillet 2009 · 0812.271.268

Represented by Martina Lemmens

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/10/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year10 months12 months12 months12 months12 months12 months
Filing date23/06/202525/06/202405/07/202304/07/202202/08/202119/06/2020
General meeting02/06/202503/06/202424/06/202306/06/202207/06/202101/06/2020
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, 27 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/10/202402/06/202523/06/2025DutchPDF
Abridged model31/12/202303/06/202425/06/2024DutchPDF
Abridged model31/12/202224/06/202305/07/2023DutchPDF
Micro model31/12/202106/06/202204/07/2022DutchPDF
Abridged modelCorrection31/12/202007/06/202102/08/2021DutchPDF
Abridged model31/12/202007/06/202121/07/2021DutchPDF
Abridged model31/12/201901/06/202019/06/2020DutchPDF
Abridged model31/12/201803/06/201928/06/2019DutchPDF
Abridged model31/12/201704/06/201825/07/2018DutchPDF
Abridged model31/12/201605/06/201731/07/2017DutchPDF
Abridged model31/12/201506/06/201629/06/2016DutchPDF
Abridged model31/12/201401/06/201529/06/2015DutchPDF
Abridged model31/12/201302/06/201427/06/2014DutchPDF
Abridged model31/12/201203/06/201313/06/2013DutchPDF
Abridged model31/12/201104/06/201215/06/2012DutchPDF
Abridged model31/12/201006/06/201108/06/2011DutchPDF
Abridged model31/12/200907/06/201009/06/2010DutchPDF
Abridged model31/12/200802/06/200909/06/2009DutchPDF
Abridged model31/12/200702/06/200816/06/2008DutchPDF
Abridged model31/12/200604/06/200705/06/2007DutchPDF
Abridged model31/12/200505/06/200623/06/2006DutchPDF
Abridged model31/12/200406/06/200520/06/2005DutchPDF
Abridged model31/12/200307/06/200429/06/2004DutchPDF
Abridged model31/12/200202/06/200312/06/2003DutchPDF

View all 27 filings

Indicative valuation

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 31/12/2022

6 active · 10 ended

Active mandates

ELODUS

Director · since 13 avril 2022 · 0556.770.595

Represented by Daniel Sengelov

Active
M.M.C

Director · since 13 avril 2022 · 0740.466.524

Represented by Michiel Meerbergen

Active
S. Van Hecke

Director · since 13 avril 2022 · 0828.443.940

Represented by Steve Van Hecke

Active
TWinC

Director · since 13 avril 2022 · 0866.969.568

Represented by Titia Willems

Active
Magnolia Invest

Director · since 02 juin 2014 · until 13 avril 2022 · 0550.760.060

Represented by Rafaël Baeten

Active
LEMA

Director · since 01 juillet 2009 · until 13 avril 2022 · 0812.271.268

Represented by Martina Lemmens

Active

Ended mandates

Magnolia Invest

Manager · since 02 juin 2014 · 0550.760.060

Represented by Rafaël Baeten

Ended
Magnolia Invest

Manager · since 02 juin 2014 · 0550.760.060

Represented by Rafaël Baeten

Ended
LEMA

Manager · since 01 juillet 2009 · 0812.271.268

Represented by Martina Lemmens

Ended
LEMA

Manager · since 01 juillet 2009 · 0812.271.268

Represented by Martina Lemmens

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution24/01/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Restructuring01/02/2024
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring18/08/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates23/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2017
    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. 2022
    Annual accounts 2022620,3 k €↓
  2. 2021
    Annual accounts 2021846,2 k €↓
  3. 2020
    Annual accounts 20201,1 M €↑
  4. 2019
    Annual accounts 2019351,8 k €↓
  5. 2018
    Annual accounts 2018795,9 k €↑
  6. 2017
    Annual accounts 2017575,2 k €↑
  7. 2016
    Annual accounts 2016237,7 k €↑
  8. 2015
    Annual accounts 2015167,6 k €↓
  9. 2014
    Annual accounts 2014252,8 k €↓
  10. 2013
    Annual accounts 2013332,3 k €↑
  11. 2012
    Annual accounts 2012212,7 k €↓
  12. 2011
    Annual accounts 2011213,2 k €↑
  13. 2010
    Annual accounts 2010110,9 k €↓
  14. 2009
    Annual accounts 2009131,7 k €↑
  15. 2008
    Annual accounts 200873,5 k €↑
  16. 2007
    Annual accounts 200747,7 k €↓
  17. 2006
    Annual accounts 200650,8 k €