ACTIVE

ORTHOPON

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Financial year 2025 · closed on 30/09/2025

Net result

202,5 k €

-32.6% YoY

Gross margin

455,7 k €

-17.3% YoY

Equity

1,4 M €

-16.5% YoY

What does ORTHOPON do?

ORTHOPON is a Private limited company incorporated in 2000. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.533.421

Incorporation

04/08/2000

Legal form

Private limited company

Registered office

Minister Liebaertlaan(KOR) 59C box 51
8500 Kortrijk · FlandreSee on map

Contributed capital

297 000,00 €

Latest accounts

30/09/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	455,7 k €	-17.3%	551 k €	+30.8%	421,3 k €	+25.5%	335,7 k €	-11.4%	379,1 k €	+121%	171,6 k €	-8.3%	187,1 k €	+4.2%	179,5 k €	+50.6%	119,2 k €	-0.1%	119,3 k €	-7.1%	128,4 k €	+19.6%	107,4 k €	-7.6%	116,2 k €	-16.7%	139,4 k €	+12.1%	124,3 k €	+69.0%	73,6 k €	+207%	23,9 k €	-64.8%	68,1 k €	+4.8%	64,9 k €	+4.4%	62,2 k €
EBITDA	424,8 k €	-22.6%	548,9 k €	+30.9%	419,4 k €	+69.4%	247,6 k €	-16.4%	296,3 k €	+173%	108,5 k €	+27.9%	84,9 k €	-23.0%	110,2 k €	+104%	54,1 k €	-3.1%	55,9 k €	-30.0%	79,8 k €	+19.2%	67 k €	-11.6%	75,8 k €	-23.6%	99,2 k €	+15.6%	85,8 k €	+72.0%	49,9 k €	+137%	21 k €	-67.6%	64,8 k €	+9.6%	59,2 k €	+18.9%	49,8 k €
Operating result	337,2 k €	-28.1%	468,8 k €	+30.3%	359,9 k €	+79.3%	200,7 k €	-22.7%	259,5 k €	+762%	30,1 k €	+13.1%	26,6 k €	-48.8%	51,9 k €	+1403%	-4 k €	+21.8%	-5,1 k €	-112%	42,1 k €	+43.4%	29,4 k €	-23.1%	38,2 k €	-35.2%	58,9 k €	+25.6%	46,9 k €	+63.8%	28,6 k €	+1141%	-2,8 k €	-107%	40,8 k €	+17.3%	34,8 k €	+48.8%	23,3 k €
Net result	202,5 k €	-32.6%	300,6 k €	+26.8%	237,1 k €	+83.3%	129,3 k €	-32.6%	191,7 k €	+636%	26,1 k €	-87.5%	208,5 k €	+447%	38,1 k €	+15.4%	33 k €	+9.9%	30 k €	-65.2%	86,4 k €	+153%	34,2 k €	-54.5%	75,2 k €	+18.8%	63,3 k €	-25.5%	85 k €	+77.7%	47,8 k €	+164%	18,1 k €	-57.7%	42,9 k €	-12.3%	48,9 k €	+7.7%	45,4 k €
Balance sheet
Equity	1,4 M €	-16.5%	1,7 M €	+21.2%	1,4 M €	+19.4%	1,2 M €	+12.2%	1,1 M €	+22.2%	863,7 k €	-32.2%	1,3 M €	+19.6%	1,1 M €	+3.7%	1 M €	+3.3%	993,8 k €	+3.1%	963,7 k €	+9.8%	877,4 k €	-1.6%	891,6 k €	+9.2%	816,4 k €	+8.0%	756,1 k €	+12.7%	671,1 k €	+7.7%	623,2 k €	+3.0%	605,1 k €	+7.6%	562,2 k €	+9.5%	513,4 k €
Total assets	2,4 M €	+3.8%	2,3 M €	+16.4%	2 M €	+30.4%	1,5 M €	+8.9%	1,4 M €	+17.3%	1,2 M €	-21.4%	1,5 M €	+10.0%	1,4 M €	+0.2%	1,4 M €	-1.8%	1,4 M €	+2.0%	1,4 M €	+1.5%	1,4 M €	-6.0%	1,4 M €	-1.1%	1,5 M €	-3.2%	1,5 M €	+3.0%	1,5 M €	+17.2%	1,2 M €	-1.9%	1,3 M €	+0.7%	1,3 M €	-4.6%	1,3 M €
Cash	260,7 k €	+1057%	22,5 k €	-68.9%	72,4 k €	-61.1%	185,9 k €	+23.0%	151,1 k €	+134%	64,5 k €	-88.9%	582,7 k €	+382%	120,9 k €	+138%	50,7 k €	+42.5%	35,6 k €	-53.3%	76,3 k €	+18.8%	64,2 k €	+5.8%	60,7 k €	-31.0%	87,9 k €	+60.8%	54,7 k €	-21.8%	69,9 k €	+1282%	5,1 k €	-94.3%	89,4 k €	+83.1%	48,8 k €	+41.7%	34,5 k €
Debts	905,5 k €	+65.0%	548,7 k €	+3.0%	532,6 k €	+71.1%	311,2 k €	-1.0%	314,3 k €	-4.5%	329 k €	+34.3%	245,1 k €	-21.7%	313,1 k €	-10.4%	349,4 k €	-14.7%	409,5 k €	-0.6%	412 k €	-13.8%	478,1 k €	-13.1%	550,2 k €	-14.1%	640,6 k €	-14.6%	750,4 k €	-5.2%	791,2 k €	+27.9%	618,6 k €	-6.2%	659,8 k €	-5.0%	694,6 k €	-13.6%	803,9 k €
Other
Workforce	–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP	+60.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	+66.7%	0,3 ETP		–		–		–		0,6 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 30/09/2025 · 1 active · 19 ended

Active mandates

Michel Ponseele

Director

Active

Ended mandates

Michel Ponseele

Director · since 14 novembre 2019

Ended

Michel Ponseele

Manager · since 27 juin 2013 · until 14 novembre 2019

Ended

Michel PONSEELE

Manager · since 27 juin 2013

Ended

Martine Vanryckeghem

Director · since 01 juin 2011

Ended

At this address

Other companies at this address

Company	CBE no.
PHANTOM OBJECTS● Active	1042.123.755

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	26/03/2025	29/04/2024	21/04/2023	28/04/2022	13/04/2021
General meeting	06/04/2026	28/02/2025	29/03/2024	24/03/2023	31/03/2022	26/03/2021
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
Micro model	30/09/2025	06/04/2026	30/04/2026	Dutch	PDF
Micro model	30/09/2024	28/02/2025	26/03/2025	Dutch	PDF
Micro model	30/09/2023	29/03/2024	29/04/2024	Dutch	PDF
Micro model	30/09/2022	24/03/2023	21/04/2023	Dutch	PDF
Micro model	30/09/2021	31/03/2022	28/04/2022	Dutch	PDF
Micro model	30/09/2020	26/03/2021	13/04/2021	Dutch	PDF
Micro model	30/09/2019	20/03/2020	31/03/2020	Dutch	PDF
Abridged model	30/09/2018	28/03/2019	29/03/2019	Dutch	PDF
Abridged model	30/09/2017	23/02/2018	29/03/2018	Dutch	PDF
Abridged model	30/09/2016	24/02/2017	23/03/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	25/03/2016	Dutch	PDF
Abridged model	30/09/2014	27/02/2015	20/03/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	26/03/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	20/03/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	22/03/2012	Dutch	PDF
Abridged model	30/09/2010	25/02/2011	28/04/2011	Dutch	PDF
Abridged model	30/09/2009	26/02/2010	31/03/2010	Dutch	PDF
Abridged model	30/09/2008	27/03/2009	29/04/2009	Dutch	PDF
Abridged model	30/09/2007	28/03/2008	03/04/2008	Dutch	PDF
Abridged model	30/09/2006	30/03/2007	26/04/2007	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 30/09/2025 · 1 active · 19 ended

Active mandates

Michel Ponseele

Director

Active

Ended mandates

Michel Ponseele

Director · since 14 novembre 2019

Ended

Michel Ponseele

Manager · since 27 juin 2013 · until 14 novembre 2019

Ended

Michel PONSEELE

Manager · since 27 juin 2013

Ended

Martine Vanryckeghem

Director · since 01 juin 2011

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares21/11/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Registered office24/03/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/11/2019
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/12/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/08/2013
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates23/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/12/2009
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 2025202,5 k €↓
2024
Annual accounts 2024300,6 k €↑
2023
Annual accounts 2023237,1 k €↑
2022
Annual accounts 2022129,3 k €↓
2021
Annual accounts 2021191,7 k €↑
2020
Annual accounts 202026,1 k €↓
2019
Annual accounts 2019208,5 k €↑
2018
Annual accounts 201838,1 k €↑
2017
Annual accounts 201733 k €↑
2016
Annual accounts 201630 k €↓
2015
Annual accounts 201586,4 k €↑
2014
Annual accounts 201434,2 k €↓
2013
Annual accounts 201375,2 k €↑
2012
Annual accounts 201263,3 k €↓
2011
Annual accounts 201185 k €↑
2010
Annual accounts 201047,8 k €↑
2009
Annual accounts 200918,1 k €↓
2008
Annual accounts 200842,9 k €↓
2007
Annual accounts 200748,9 k €↑
2006
Annual accounts 200645,4 k €
04/08/2000
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

ORTHOPON

Overview

What does ORTHOPON do?

Trend over 20 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