ACTIVE

ORTHOPAR

Financial year 2025 · Closed on 31/12/2025

Net result
256 k €
+282,3 %over 1 year
Gross margin
505,1 k €
+198,2 %over 1 year
Equity
2,3 M €
+80,3 %over 1 year
Workforce
0,0 ETP

Identity

Source · BCE/KBO

ORTHOPAR is a Private limited company incorporated in 2003. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.376.176
Incorporation
28/01/2003
Legal form
Private limited company
Registered office
Roeselbergdal 28
3012 Leuven · FlandreSee on map
Contributed capital
17 400,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (1)
  • 330
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin505,1 k €169,4 k €198,2 k €62,3 k €49,1 k €
EBITDA451,5 k €158,5 k €187,2 k €62,3 k €49,1 k €
Operating result372 k €81,5 k €98,2 k €-28,8 k €-47 k €
Net result256 k €67 k €89,7 k €-39,5 k €-105,5 k €
Balance sheet
Equity2,3 M €1,3 M €1,2 M €1,1 M €1,2 M €
Total assets2,4 M €1,3 M €1,3 M €1,4 M €1,5 M €
Cash176 k €134,5 k €57,1 k €238,8 €1,6 k €
Debts65,1 k €65,6 k €104,9 k €251 k €279,5 k €
Other
Workforce0,0 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

Birgit Pelsmaekers

Director · since 20 janvier 2003

Active

Ended mandates

Birgit Pelsmaekers

Director

Ended
Birgit Pelsmaekers

Manager

Ended
Charbel Bou Serhal

Manager

Ended
CHARBEL BOU SERHAL

Director

Ended

Other companies at this address

Roeselbergdal 28 3012 Leuven
CompanyCBE no.
Aqua Lova● Liquidation
0415.282.635

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202602/06/202504/06/202426/06/202328/02/202328/02/2023
General meeting29/05/202630/05/202531/05/202426/05/202325/01/202325/01/2023
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202626/06/2026DutchPDF
Abridged model31/12/202430/05/202502/06/2025DutchPDF
Abridged model31/12/202331/05/202404/06/2024DutchPDF
Abridged model31/12/202226/05/202326/06/2023DutchPDF
Abridged model31/12/202125/01/202328/02/2023DutchPDF
Abridged model31/12/202025/01/202328/02/2023DutchPDF
Abridged model31/12/201929/05/202029/10/2020DutchPDF
Abridged model31/12/201831/05/201920/08/2019DutchPDF
Abridged model31/12/201725/05/201825/07/2018DutchPDF
Abridged model31/12/201626/05/201726/07/2017DutchPDF
Abridged model31/12/201527/05/201601/08/2016DutchPDF
Abridged model31/12/201429/05/201515/06/2015DutchPDF
Abridged model31/12/201330/05/201430/08/2014DutchPDF
Abridged model31/12/201231/05/201325/07/2013DutchPDF
Abridged model31/12/201125/05/201227/06/2012DutchPDF
Abridged model31/12/201027/05/201105/08/2011DutchPDF
Abridged model31/12/200928/05/201003/08/2010DutchPDF
Abridged model31/12/200829/05/200908/06/2009DutchPDF
Abridged model31/12/200730/05/200802/07/2008DutchPDF
Abridged model31/12/200625/05/200702/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

Birgit Pelsmaekers

Director · since 20 janvier 2003

Active

Ended mandates

Birgit Pelsmaekers

Director

Ended
Birgit Pelsmaekers

Manager

Ended
Charbel Bou Serhal

Manager

Ended
CHARBEL BOU SERHAL

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring11/09/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/06/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates18/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares06/02/2018
    KAPITAAL - AANDELEN
    PDF
  • Other22/04/2015
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares23/01/2014
    BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office08/03/2006
    MAATSCHAPPELIJKE ZETEL
    PDF

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 2025256 k €↑
  2. 2024
    Annual accounts 202467 k €↓
  3. 2023
    Annual accounts 202389,7 k €↑
  4. 2022
    Annual accounts 2022-39,5 k €↑
  5. 2021
    Annual accounts 2021-105,5 k €↓
  6. 2020
    Annual accounts 2020466,3 k €↑
  7. 2019
    Annual accounts 2019-357,5 k €↓
  8. 2018
    Annual accounts 2018231,2 k €↑
  9. 2017
    Annual accounts 2017185,1 k €↓
  10. 2016
    Annual accounts 2016186 k €↑
  11. 2015
    Annual accounts 2015144,2 k €↓
  12. 2014
    Annual accounts 2014180 k €↑
  13. 2013
    Annual accounts 2013162,1 k €↓
  14. 2013
    Name changeOrthopar
  15. 2012
    Annual accounts 2012171,4 k €↓
  16. 2011
    Annual accounts 2011188 k €↑
  17. 2010
    Annual accounts 2010122,9 k €↑
  18. 2009
    Annual accounts 2009108,9 k €↓
  19. 2008
    Annual accounts 2008141 k €↑
  20. 2007
    Annual accounts 2007125,1 k €↑
  21. 2006
    Annual accounts 2006102,6 k €
  22. 2006
    Name changeORTOPAR bv bvba
  23. 28/01/2003
    IncorporationPrivate limited company