ACTIVE

ORTHOPHYSICS

Financial year 2025 · closed on 30/06/2025
Net result
104,6 k €
+180.6% YoY
Gross margin
2,1 M €
+26.2% YoY
Equity
1,4 M €
+8.2% YoY
Workforce
23,7 ETP
+6.3% YoY

What does ORTHOPHYSICS do?

ORTHOPHYSICS is a Private limited company incorporated in 2002. Its registered office is in Hooglede. It employs on average 23,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.254.144
Incorporation
03/09/2002
Legal form
Private limited company
Registered office
Ieperstraat 50
8830 Hooglede · FlandreSee on map
Contributed capital
475 000,00 €
Latest accounts
30/06/2025
Average workforce
23,7 ETP
Joint committees (4)
  • 128
  • 12806
  • 218
  • 340
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin2,1 M €1,7 M €1,4 M €1,4 M €1,6 M €1,2 M €1,5 M €1,4 M €1,5 M €1,3 M €1,1 M €1,2 M €1,2 M €1,4 M €1,1 M €1 M €486,5 k €482,3 k €336,6 k €
EBITDA374,7 k €284,9 k €221,4 k €157,8 k €327,1 k €95,3 k €347,3 k €276,7 k €516,3 k €558,5 k €336,9 k €499,3 k €451,8 k €708 k €465,5 k €538,9 k €209 k €260,1 k €188,3 k €
Operating result221,7 k €104,3 k €56,4 k €20,6 k €164,5 k €-60,9 k €147,2 k €69,4 k €344,9 k €426,3 k €195,7 k €354,7 k €316,7 k €576,6 k €333,7 k €418,7 k €91,1 k €154,9 k €100,9 k €
Net result104,6 k €37,3 k €23,4 k €4,4 k €116,5 k €-73,9 k €38,2 k €22,1 k €190,1 k €335,2 k €146 k €253,8 k €191,1 k €379,2 k €196 k €292,7 k €55,4 k €84 k €54,7 k €
Balance sheet
Equity1,4 M €1,3 M €1,2 M €1,2 M €1,2 M €1,1 M €1,2 M €1,1 M €1,1 M €917,5 k €782,3 k €686,3 k €657,6 k €566,5 k €312,3 k €316,2 k €248,5 k €193,1 k €109,1 k €
Total assets2,8 M €2,7 M €2,3 M €2,2 M €2,2 M €2,3 M €2,4 M €2,3 M €2,1 M €2,2 M €1,8 M €1,6 M €1,6 M €1,7 M €1,4 M €1,2 M €855,3 k €791 k €703,5 k €
Cash141,1 k €15,9 k €60,8 k €139,3 k €44,1 k €27,4 k €153,9 k €154,1 k €153,3 k €244,7 k €7,6 k €14,2 k €43,9 k €210,1 k €5,2 k €230,4 k €19,5 k €54,9 k €5,4 k €
Debts1,4 M €1,5 M €1,1 M €976,3 k €970,9 k €1,2 M €1,2 M €1,1 M €940,1 k €1,2 M €1 M €895,6 k €899,7 k €1,1 M €994,9 k €845,2 k €519,5 k €589,9 k €577,8 k €
Other
Workforce23,7 ETP22,3 ETP20,4 ETP21,8 ETP22,5 ETP21,9 ETP22,3 ETP24,0 ETP19,1 ETP14,0 ETP13,3 ETP11,9 ETP13,8 ETP12,7 ETP14,7 ETP12,5 ETP8,1 ETP5,5 ETP3,9 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 30/06/2025 · 1 active · 8 ended

Active mandates

PROTOR

Director · since 15 avril 2024 · 0899.405.279

Represented by Pieter BEEUWSAERT

Active

Ended mandates

PROTOR

Manager · since 04 septembre 2008 · 0899.405.279

Represented by Pieter-Jan Beeuwsaert

Ended
PROTOR

Director · since 04 septembre 2008 · 0899.405.279

Represented by Pieter Beeuwsaert

Ended
PROTOR

Manager · since 04 septembre 2008 · 0899.405.279

Represented by Pieter Beeuwsaert

Ended
Pieter Beeuwsaert

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
PROTORActive
0899.405.279
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/02/202609/01/202530/01/202425/01/202317/01/202229/01/2021
General meeting03/11/202520/12/202430/12/202330/12/202230/12/202128/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202503/11/202502/02/2026DutchPDF
Abridged model30/06/202420/12/202409/01/2025DutchPDF
Abridged model30/06/202330/12/202330/01/2024DutchPDF
Abridged model30/06/202230/12/202225/01/2023DutchPDF
Abridged model30/06/202130/12/202117/01/2022DutchPDF
Abridged model30/06/202028/12/202029/01/2021DutchPDF
Abridged model30/06/201923/11/201920/12/2019DutchPDF
Abridged model30/06/201803/11/201803/12/2018DutchPDF
Abridged model30/06/201730/12/201715/01/2018DutchPDF
Abridged model30/06/201630/12/201613/01/2017DutchPDF
Abridged model30/06/201528/11/201522/12/2015DutchPDF
Abridged model30/06/201422/11/201412/12/2014DutchPDF
Abridged model30/06/201327/12/201327/01/2014DutchPDF
Abridged model30/06/201205/01/201325/01/2013DutchPDF
Abridged model30/06/201105/11/201118/11/2011DutchPDF
Abridged model30/06/201027/11/201016/12/2010DutchPDF
Abridged model30/06/200928/11/200923/12/2009DutchPDF
Abridged model30/06/200803/11/200828/11/2008DutchPDF
Abridged model30/06/200724/11/200720/12/2007DutchPDF
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 30/06/2025 · 1 active · 8 ended

Active mandates

PROTOR

Director · since 15 avril 2024 · 0899.405.279

Represented by Pieter BEEUWSAERT

Active

Ended mandates

PROTOR

Manager · since 04 septembre 2008 · 0899.405.279

Represented by Pieter-Jan Beeuwsaert

Ended
PROTOR

Director · since 04 septembre 2008 · 0899.405.279

Represented by Pieter Beeuwsaert

Ended
PROTOR

Manager · since 04 septembre 2008 · 0899.405.279

Represented by Pieter Beeuwsaert

Ended
Pieter Beeuwsaert

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/08/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/09/2008
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office19/07/2004
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other10/09/2002
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025104,6 k €
  2. 2024
    Annual accounts 202437,3 k €
  3. 2023
    Annual accounts 202323,4 k €
  4. 2022
    Annual accounts 20224,4 k €
  5. 2021
    Annual accounts 2021116,5 k €
  6. 2020
    Annual accounts 2020-73,9 k €
  7. 2019
    Annual accounts 201938,2 k €
  8. 2018
    Annual accounts 201822,1 k €
  9. 2017
    Annual accounts 2017190,1 k €
  10. 2016
    Annual accounts 2016335,2 k €
  11. 2015
    Annual accounts 2015146 k €
  12. 2014
    Annual accounts 2014253,8 k €
  13. 2013
    Annual accounts 2013191,1 k €
  14. 2012
    Annual accounts 2012379,2 k €
  15. 2011
    Annual accounts 2011196 k €
  16. 2010
    Annual accounts 2010292,7 k €
  17. 2009
    Annual accounts 200955,4 k €
  18. 2008
    Annual accounts 200884 k €
  19. 2007
    Annual accounts 200754,7 k €
  20. 03/09/2002
    IncorporationPrivate limited company