ACTIVE

ORTHUS

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Financial year 2025 · closed on 31/12/2025
Net result
70 €
-98.3% YoY
Gross margin
31,2 k €
-43.9% YoY
Equity
139,3 k €
+0.0% YoY

What does ORTHUS do?

ORTHUS is a Private company with limited liability incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Liège.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0870.800.672
Incorporation
24/12/2004
Legal form
Private company with limited liability
Registered office
Rue des Trois-Grands 39
4030 Liège · WallonieSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities45111Sale of cars and light motor vehicles46711Wholesale of solid, liquid and gaseous fuels and related products50101Sea and coastal passenger water transport+12
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin31,2 k €55,7 k €40,6 k €289,5 k €56,3 k €56,4 k €78,4 k €75,4 k €116,9 k €77,3 k €59,6 k €30,9 k €26 k €24,8 k €24,1 k €10 k €16,4 k €6,9 k €28,7 k €62,3 k €
EBITDA30,9 k €43,4 k €39,1 k €39,2 k €44,6 k €55,4 k €73,2 k €73,1 k €102,6 k €73 k €57,7 k €28,6 k €24,3 k €19,2 k €21,5 k €8,4 k €15,9 k €5,9 k €21,8 k €7,5 k €
Operating result15,9 k €27 k €22,4 k €25,9 k €18,1 k €27,6 k €42,2 k €43,4 k €50,8 k €35,2 k €35,3 k €24,8 k €18,8 k €13,8 k €17,3 k €1,7 k €-2,4 k €-14,4 k €-1,8 k €-11 k €
Net result70 €4 k €-419 €5,7 k €1,3 k €7,7 k €18,6 k €18,4 k €23,4 k €14,1 k €16,2 k €13,3 k €9,3 k €10,5 k €14 k €1,3 k €-3,9 k €-16,6 k €-5,3 k €-14 k €
Balance sheet
Equity139,3 k €139,2 k €135,2 k €135,6 k €129,8 k €128,5 k €120,8 k €102,2 k €83,8 k €60,5 k €46,4 k €30,3 k €17 k €7,6 k €-2,9 k €-16,9 k €-18,2 k €-14,3 k €2,3 k €7,7 k €
Total assets579,7 k €597,8 k €875,4 k €824,7 k €928,2 k €890,1 k €917,8 k €935,5 k €905,2 k €850,7 k €833,9 k €292,8 k €229,7 k €159,2 k €212,1 k €155,1 k €137,9 k €87,7 k €116,6 k €142,3 k €
Cash78,6 k €109,1 k €33,7 k €5,6 k €50,4 k €31 k €36,3 k €31,1 k €69,1 k €67,4 k €71,9 k €6,2 k €5,6 k €15,9 k €22,5 k €2,2 k €2,7 k €3,4 k €14,2 k €36,6 k €
Debts382,5 k €400,6 k €682,2 k €630,9 k €740,4 k €703,6 k €739 k €775,3 k €763,4 k €732,2 k €729,5 k €204,6 k €154,8 k €93,6 k €157,1 k €114 k €98,1 k €44 k €56,2 k €82,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Christian Bodson

Mandate

Active
Christian BODSON

Mandate

Active

Ended mandates

Christian BODSON

Director · since 29 novembre 2004

Ended
CHRISTIAN BODSON

Manager · since 29 novembre 2004

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro 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 date28/07/202627/08/202526/08/202428/09/202327/06/202225/06/2021
General meeting29/06/202630/05/202531/05/202426/05/202327/05/202228/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/06/202628/07/2026FrenchPDF
Abridged model31/12/202430/05/202527/08/2025FrenchPDF
Abridged model31/12/202331/05/202426/08/2024FrenchPDF
Abridged model31/12/202226/05/202328/09/2023FrenchPDF
Abridged model31/12/202127/05/202227/06/2022FrenchPDF
Abridged model31/12/202028/05/202125/06/2021FrenchPDF
Abridged model31/12/201929/05/202025/06/2020FrenchPDF
Abridged model31/12/201831/05/201919/06/2019FrenchPDF
Abridged model31/12/201725/05/201812/06/2018FrenchPDF
Abridged model31/12/201626/05/201721/06/2017FrenchPDF
Abridged model31/12/201527/05/201624/06/2016FrenchPDF
Abridged model31/12/201424/05/201522/06/2015FrenchPDF
Abridged model31/12/201330/05/201430/06/2014FrenchPDF
Abridged model31/12/201231/05/201318/07/2013FrenchPDF
Abridged model31/12/201125/05/201205/07/2012FrenchPDF
Abridged model31/12/201027/05/201128/06/2011FrenchPDF
Abridged model31/12/200928/05/201011/06/2010FrenchPDF
Abridged model31/12/200829/05/200929/06/2009FrenchPDF
Abridged model31/12/200729/04/200820/06/2008FrenchPDF
Abridged model31/12/200625/05/200729/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 2 ended

Active mandates

Christian Bodson

Mandate

Active
Christian BODSON

Mandate

Active

Ended mandates

Christian BODSON

Director · since 29 novembre 2004

Ended
CHRISTIAN BODSON

Manager · since 29 novembre 2004

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office06/04/2023
    SIEGE SOCIAL
    PDF
  • Registered office28/01/2019
    SIEGE SOCIAL
    PDF
  • Registered office08/04/2005
    SIEGE SOCIAL
    PDF
  • Other05/01/2005
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202570 €↓
  2. 2024
    Annual accounts 20244 k €↑
  3. 2023
    Annual accounts 2023-419 €↓
  4. 2022
    Annual accounts 20225,7 k €↑
  5. 2021
    Annual accounts 20211,3 k €↓
  6. 2020
    Annual accounts 20207,7 k €↓
  7. 2019
    Annual accounts 201918,6 k €↑
  8. 2018
    Annual accounts 201818,4 k €↓
  9. 2017
    Annual accounts 201723,4 k €↑
  10. 2016
    Annual accounts 201614,1 k €↓
  11. 2015
    Annual accounts 201516,2 k €↑
  12. 2014
    Annual accounts 201413,3 k €↑
  13. 2013
    Annual accounts 20139,3 k €↓
  14. 2012
    Annual accounts 201210,5 k €↓
  15. 2011
    Annual accounts 201114 k €↑
  16. 2010
    Annual accounts 20101,3 k €↑
  17. 2009
    Annual accounts 2009-3,9 k €↑
  18. 2008
    Annual accounts 2008-16,6 k €↓
  19. 2007
    Annual accounts 2007-5,3 k €↑
  20. 2006
    Annual accounts 2006-14 k €
  21. 24/12/2004
    IncorporationPrivate company with limited liability