ACTIVE

ORTUS

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Financial year 2025 · closed on 31/12/2025

Net result

224,8 k €

+8.1% YoY

Gross margin

331 k €

+13.1% YoY

Equity

1,2 M €

+16.2% YoY

What does ORTUS do?

ORTUS is a Private limited company incorporated in 1999. Its main activity is: Computer programming activities. Its registered office is in Wichelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.125.085

Incorporation

28/05/1999

Legal form

Private limited company

Registered office

Aard 1
9260 Wichelen · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities 47400Retail sale of information and communication equipment in specialised stores 47410Retail sale of computers, peripheral units and software in specialised stores 52487Warehousing and support activities for transportation

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	331 k €	+13.1%	292,6 k €	+18.1%	247,8 k €	+36.8%	181,2 k €	+17.9%	153,7 k €	-47.2%	291,2 k €	+119%	133,1 k €	+51.1%	88,1 k €	+64.0%	53,7 k €	+66.0%	32,3 k €	+72.7%	18,7 k €	-75.6%	76,8 k €	-40.9%	130 k €	+53.2%	84,9 k €	+38.8%	61,1 k €	+27.9%	47,8 k €	-23.9%	62,8 k €	-14.6%	73,6 k €	+12.7%	65,3 k €	-18.7%	80,3 k €
EBITDA	321,5 k €	+10.4%	291,3 k €	+18.1%	246,6 k €	+37.7%	179,1 k €	+17.3%	152,7 k €	-47.2%	289,2 k €	+121%	130,8 k €	+54.7%	84,6 k €	+70.7%	49,5 k €	+72.4%	28,7 k €	+79.3%	16 k €	-78.3%	74 k €	-41.7%	126,8 k €	+89.9%	66,8 k €	+144%	27,4 k €	+26.3%	21,7 k €	-63.5%	59,5 k €	-15.4%	70,3 k €	+12.9%	62,3 k €	-20.0%	77,8 k €
Operating result	303,5 k €	+7.7%	281,8 k €	+16.9%	241 k €	+38.2%	174,4 k €	+19.2%	146,4 k €	-48.3%	282,9 k €	+161%	108,3 k €	+77.8%	60,9 k €	+164%	23,1 k €	+166%	8,7 k €	+393%	-3 k €	-106%	53,8 k €	-49.6%	106,8 k €	+119%	48,8 k €	+333%	11,3 k €	+238%	3,3 k €	-92.3%	43 k €	+8.2%	39,8 k €	-9.2%	43,8 k €	-26.6%	59,7 k €
Net result	224,8 k €	+8.1%	207,9 k €	+22.7%	169,5 k €	+41.1%	120,1 k €	+18.1%	101,7 k €	-47.8%	194,9 k €	+233%	58,4 k €	+36.1%	42,9 k €	+209%	13,9 k €	+168%	5,2 k €	+137%	-14,1 k €	-144%	32,2 k €	-51.6%	66,6 k €	+131%	28,8 k €	+1222%	2,2 k €	+144%	-4,9 k €	-121%	23,4 k €	+44.4%	16,2 k €	-35.1%	25 k €	-7.2%	26,9 k €
Balance sheet
Equity	1,2 M €	+16.2%	1 M €	+19.3%	857,9 k €	+22.3%	701,5 k €	+19.6%	586,3 k €	+1.2%	579,6 k €	+50.6%	384,8 k €	+8.0%	356,3 k €	+13.7%	313,4 k €	+4.6%	299,5 k €	+1.8%	294,3 k €	-7.6%	318,4 k €	+11.2%	286,2 k €	+30.3%	219,7 k €	+15.1%	190,9 k €	-1.5%	193,7 k €	-2.5%	198,6 k €	+13.3%	175,2 k €	+10.2%	159 k €	+18.6%	134,1 k €
Total assets	1,3 M €	+17.6%	1,1 M €	+22.1%	897,8 k €	+20.4%	745,7 k €	+16.3%	641,3 k €	+1.0%	635,2 k €	+43.8%	441,6 k €	+13.7%	388,4 k €	+7.4%	361,6 k €	+10.4%	327,4 k €	-5.6%	346,7 k €	-21.8%	443,3 k €	+4.7%	423,4 k €	+16.7%	362,8 k €	+0.8%	360 k €	-4.3%	376,4 k €	-7.9%	408,5 k €	-1.5%	414,9 k €	-3.2%	428,7 k €	-4.7%	449,9 k €
Cash	116 k €	-56.8%	268,6 k €	-68.1%	841,6 k €	+23.7%	680,5 k €	+12.7%	603,9 k €	+2.7%	587,9 k €	+133%	252,1 k €	+37.3%	183,7 k €	+28.4%	143 k €	+52.1%	94,1 k €	+1.9%	92,3 k €	-53.1%	196,6 k €	+79.8%	109,4 k €	+99.5%	54,8 k €	+48.8%	36,8 k €	+380%	7,7 k €	-71.4%	26,8 k €	+137%	11,3 k €	-55.2%	25,2 k €	-70.5%	85,7 k €
Debts	99 k €	+37.6%	71,9 k €	+80.3%	39,9 k €	-9.7%	44,2 k €	-19.5%	54,9 k €	-1.1%	55,5 k €	-2.4%	56,9 k €	+84.6%	30,8 k €	-34.0%	46,7 k €	+74.1%	26,8 k €	-47.8%	51,4 k €	-58.5%	123,9 k €	-9.6%	137,1 k €	-4.2%	143,1 k €	-15.4%	169,2 k €	-7.4%	182,7 k €	-13.0%	209,9 k €	-12.4%	239,7 k €	-11.1%	269,6 k €	-14.6%	315,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,5 ETP	-50.0%	1,0 ETP	0.0%	1,0 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 · 3 active · 6 ended

Active mandates

Luc Van Thielen

Director · since 25 avril 2016

Active

Ronald Van Thielen

Director · since 25 avril 2016

Active

Marijke Robbens

Director · since 01 janvier 2016

Active

Ended mandates

Marijke Robbens

Manager · since 01 janvier 2016

Ended

Luc Van Thielen

Director

Ended

LUC VAN THIELEN

Manager

Ended

Marijke Robbens

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	03/04/2026	21/05/2025	30/04/2024	25/04/2023	25/04/2022	30/04/2021
General meeting	02/04/2026	22/04/2025	02/04/2024	02/04/2023	02/04/2022	02/04/2021
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
Micro model	31/12/2025	02/04/2026	03/04/2026	Dutch	PDF
Micro model	31/12/2024	22/04/2025	21/05/2025	Dutch	PDF
Micro model	31/12/2023	02/04/2024	30/04/2024	Dutch	PDF
Micro model	31/12/2022	02/04/2023	25/04/2023	Dutch	PDF
Micro model	31/12/2021	02/04/2022	25/04/2022	Dutch	PDF
Micro model	31/12/2020	02/04/2021	30/04/2021	Dutch	PDF
Micro model	31/12/2019	09/04/2020	04/05/2020	Dutch	PDF
Micro model	31/12/2018	02/04/2019	08/04/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	08/06/2018	Dutch	PDF
Micro model	31/12/2016	03/05/2017	08/05/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	19/05/2016	Dutch	PDF
Abridged model	31/12/2014	02/04/2015	29/04/2015	Dutch	PDF
Abridged model	31/12/2013	02/04/2014	20/05/2014	Dutch	PDF
Abridged model	31/12/2012	02/04/2013	24/05/2013	Dutch	PDF
Abridged model	31/12/2011	02/04/2012	31/05/2012	Dutch	PDF
Abridged model	31/12/2010	02/04/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	02/04/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/04/2009	17/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/04/2008	29/05/2008	Dutch	PDF
Abridged model	31/12/2006	02/04/2007	22/06/2007	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 · 3 active · 6 ended

Active mandates

Luc Van Thielen

Director · since 25 avril 2016

Active

Ronald Van Thielen

Director · since 25 avril 2016

Active

Marijke Robbens

Director · since 01 janvier 2016

Active

Ended mandates

Marijke Robbens

Manager · since 01 janvier 2016

Ended

Luc Van Thielen

Director

Ended

LUC VAN THIELEN

Manager

Ended

Marijke Robbens

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/06/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/10/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/05/2016
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/03/2004
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025224,8 k €↑
2024
Annual accounts 2024207,9 k €↑
2023
Annual accounts 2023169,5 k €↑
2022
Annual accounts 2022120,1 k €↑
2021
Annual accounts 2021101,7 k €↓
2020
Annual accounts 2020194,9 k €↑
2019
Annual accounts 201958,4 k €↑
2018
Annual accounts 201842,9 k €↑
2017
Annual accounts 201713,9 k €↑
2016
Annual accounts 20165,2 k €↑
2015
Annual accounts 2015-14,1 k €↓
2014
Annual accounts 201432,2 k €↓
2013
Annual accounts 201366,6 k €↑
2012
Annual accounts 201228,8 k €↑
2011
Annual accounts 20112,2 k €↑
2010
Annual accounts 2010-4,9 k €↓
2009
Annual accounts 200923,4 k €↑
2008
Annual accounts 200816,2 k €↓
2007
Annual accounts 200725 k €↓
2006
Annual accounts 200626,9 k €
28/05/1999
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

ORTUS

Overview

What does ORTUS do?

Trend over 20 financial years

Indicative valuation

Board of directors

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