ACTIVE

ORSI Academy

Financial year 2025 · closed on 31/12/2025
Net result
785,2 k €
+664.4% YoY
Revenue
237 k €
-36.5% YoY
Equity
1,5 M €
+101.7% YoY

What does ORSI Academy do?

ORSI Academy is a Non-profit organization incorporated in 2010. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Merelbeke-Melle.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0829.147.981
Incorporation
10/09/2010
Legal form
Non-profit organization
Registered office
Proefhoevestraat 12
9090 Merelbeke-Melle · FlandreSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Revenue237 k €373,2 k €487,3 k €556,6 k €190,4 k €261,4 k €316,7 k €945,8 k €1,2 M €1,7 M €726,8 k €782,3 k €555,7 k €
EBITDA-84,2 k €-98,7 k €-26,7 k €49,5 k €100,1 k €77,1 k €90,3 k €55 k €-23,5 k €154,8 k €-411,2 k €406,6 k €322,6 k €
Operating result-142,2 k €-157,9 k €-87,7 k €-12 k €36,8 k €11,4 k €8,6 k €63,8 k €-28,2 k €-25,9 k €-647,6 k €59,1 k €-281 k €
Net result785,2 k €-139,1 k €-64,2 k €11,2 k €60,7 k €37,1 k €44,9 k €106,8 k €26,8 k €97,8 k €465,9 k €105,3 k €82,6 k €
Balance sheet
Equity1,5 M €747,1 k €911,2 k €1 M €1 M €978,8 k €968,9 k €964,4 k €904,1 k €937,4 k €965,2 k €667,8 k €831,2 k €
Total assets2 M €1,3 M €1,2 M €1,4 M €1,1 M €1,1 M €1,1 M €1,5 M €1,8 M €2,1 M €2,3 M €2,1 M €3,5 M €
Cash1,1 M €122,9 k €197,5 k €61,1 k €16,4 k €38,4 k €8 k €140,2 k €556,8 k €83,2 k €486,9 k €598,2 k €392,7 k €
Debts510,4 k €417,5 k €145,1 k €354,6 k €124,5 k €153,3 k €133,6 k €311 k €552,5 k €690,5 k €700,2 k €1,5 M €2,4 M €
Other
Workforce5,5 ETP5,6 ETP4,3 ETP1,6 ETP1,5 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 31/12/2025 · 16 active · 93 ended

Active mandates

Alexandre Mottrie

Director · since 17 avril 2025 · until 01 juin 2030

Active
Alexandre Mottrie

Managing director · since 17 avril 2025 · until 01 juin 2030

Active
Algemene Heelkunde AZORG

Director · since 17 avril 2025 · until 01 juin 2029 · 1017.519.607

Represented by Frank Staelens

Active
Ann Martens

Director · since 17 avril 2025 · until 01 juin 2028

Active
Claire Tillekaerts

Director · since 17 avril 2025 · until 01 juin 2028

Active
European Association of Urology

Director · since 17 avril 2025 · until 01 juin 2029 · 0751.797.015

Represented by Hein Van Poppel

Active
Frank Gasthuys

Director · since 17 avril 2025 · until 01 juin 2028

Active
Geert Vandenbroucke

Chairman of the board of directors · since 17 avril 2025 · until 01 juin 2030

Active
Geert Vandenbroucke

Director · since 17 avril 2025 · until 01 juin 2030

Active
Jozef Vander Sloten

Director · since 17 avril 2025 · until 01 juin 2028

Active
Katholieke Universiteit te Leuven

Director · since 17 avril 2025 · until 01 juin 2029 · 0419.052.173

Represented by Paul Herijgers

Active
Luc Foubert

Director · since 17 avril 2025 · until 01 juin 2028

Active
Luc Veramme

Director · since 17 avril 2025 · until 01 juin 2028

Active
Patrick De Greve

Director · since 17 avril 2025 · until 01 juin 2028

Active
Universiteit Gent

Director · since 17 avril 2025 · until 01 juin 2029 · 0248.015.142

Represented by Piet Hoebeke

Active
Willem Dejonghe

Director · since 17 avril 2025 · until 01 juin 2028

Active

Ended mandates

Ann Martens

Director · since 19 juin 2023 · until 30 juin 2025

Ended
Luc Veramme

Director · since 19 juin 2023 · until 30 juin 2025

Ended
Patrick De Greve

Director · since 30 juin 2022 · until 30 juin 2025

Ended
Claire Tillekaerts

Director · since 30 juin 2021 · until 30 juin 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
0786.525.389
MANTYXActive
1031.992.502
ORSI ACADEMYActive
0568.472.953
1038.343.824
ORSI ServicesActive
0668.610.607
Annual accounts

Full financial information

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 date28/07/202617/05/202524/07/202419/07/202331/08/202231/08/2021
General meeting30/06/202617/04/202524/06/202419/06/202320/06/202217/08/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/07/2026DutchPDF
Abridged model31/12/202417/04/202517/05/2025DutchPDF
Abridged model31/12/202324/06/202424/07/2024DutchPDF
Abridged model31/12/202219/06/202319/07/2023DutchPDF
Abridged model31/12/202120/06/202231/08/2022DutchPDF
Abridged model31/12/202017/08/202131/08/2021DutchPDF
Abridged model31/12/201901/09/202029/09/2020DutchPDF
Abridged model31/12/201801/07/201930/08/2019DutchPDF
Abridged model31/12/201728/05/201829/06/2018DutchPDF
Abridged model31/12/201626/06/201720/07/2017DutchPDF
Abridged model31/12/201527/05/201630/06/2016DutchPDF
Abridged model31/12/201409/06/201516/07/2015DutchPDF
Abridged model31/12/201323/06/201429/08/2014DutchPDF
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 31/12/2025 · 16 active · 93 ended

Active mandates

Alexandre Mottrie

Director · since 17 avril 2025 · until 01 juin 2030

Active
Alexandre Mottrie

Managing director · since 17 avril 2025 · until 01 juin 2030

Active
Algemene Heelkunde AZORG

Director · since 17 avril 2025 · until 01 juin 2029 · 1017.519.607

Represented by Frank Staelens

Active
Ann Martens

Director · since 17 avril 2025 · until 01 juin 2028

Active
Claire Tillekaerts

Director · since 17 avril 2025 · until 01 juin 2028

Active
European Association of Urology

Director · since 17 avril 2025 · until 01 juin 2029 · 0751.797.015

Represented by Hein Van Poppel

Active
Frank Gasthuys

Director · since 17 avril 2025 · until 01 juin 2028

Active
Geert Vandenbroucke

Chairman of the board of directors · since 17 avril 2025 · until 01 juin 2030

Active
Geert Vandenbroucke

Director · since 17 avril 2025 · until 01 juin 2030

Active
Jozef Vander Sloten

Director · since 17 avril 2025 · until 01 juin 2028

Active
Katholieke Universiteit te Leuven

Director · since 17 avril 2025 · until 01 juin 2029 · 0419.052.173

Represented by Paul Herijgers

Active
Luc Foubert

Director · since 17 avril 2025 · until 01 juin 2028

Active
Luc Veramme

Director · since 17 avril 2025 · until 01 juin 2028

Active
Patrick De Greve

Director · since 17 avril 2025 · until 01 juin 2028

Active
Universiteit Gent

Director · since 17 avril 2025 · until 01 juin 2029 · 0248.015.142

Represented by Piet Hoebeke

Active
Willem Dejonghe

Director · since 17 avril 2025 · until 01 juin 2028

Active

Ended mandates

Ann Martens

Director · since 19 juin 2023 · until 30 juin 2025

Ended
Luc Veramme

Director · since 19 juin 2023 · until 30 juin 2025

Ended
Patrick De Greve

Director · since 30 juin 2022 · until 30 juin 2025

Ended
Claire Tillekaerts

Director · since 30 juin 2021 · until 30 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2018
    DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/01/2017
    BENAMING
    PDF
  • Mandates05/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/05/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - 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

Timeline

  1. 2025
    Annual accounts 2025785,2 k €
  2. 2024
    Annual accounts 2024-139,1 k €
  3. 2023
    Annual accounts 2023-64,2 k €
  4. 2022
    Annual accounts 202211,2 k €
  5. 2021
    Annual accounts 202160,7 k €
  6. 2020
    Annual accounts 202037,1 k €
  7. 2019
    Annual accounts 201944,9 k €
  8. 2018
    Annual accounts 2018106,8 k €
  9. 2017
    Annual accounts 201726,8 k €
  10. 2016
    Annual accounts 201697,8 k €
  11. 2016
    Name changeORSI Academy
  12. 2015
    Annual accounts 2015465,9 k €
  13. 2014
    Annual accounts 2014105,3 k €
  14. 2013
    Annual accounts 201382,6 k €
  15. 2013
    Name changeOLV Robotic Surgery Institute
  16. 10/09/2010
    IncorporationNon-profit organization