ACTIVE

ORTHO MG

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

44,6 k €

-29.6% YoY

Gross margin

93 k €

-23.4% YoY

Equity

492 k €

+10.0% YoY

Workforce

0,0 ETP

What does ORTHO MG do?

ORTHO MG is a Private limited company incorporated in 2005. Its registered office is in Keerbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0873.586.255

Incorporation

22/04/2005

Legal form

Private limited company

Registered office

Tremelobaan 75
3140 Keerbergen · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (2)

30502
330

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	93 k €	-23.4%	121,5 k €	+25.3%	97 k €	-5.0%	102,1 k €	+21.5%	84 k €	+6.4%	78,9 k €	+53.5%	51,4 k €	-31.3%	74,9 k €	+9.8%	68,2 k €	-9.6%	75,5 k €	-26.6%	102,8 k €	-15.9%	122,3 k €	+9.6%	111,6 k €	+12.7%	99 k €	+23.7%	80 k €	-0.8%	80,6 k €	-16.0%	96 k €	+7.6%	89,2 k €	+19.9%	74,4 k €	+1.6%	73,2 k €
EBITDA	91,9 k €	-23.6%	120,2 k €	+25.7%	95,6 k €	-5.3%	100,9 k €	+21.8%	82,9 k €	+6.4%	77,8 k €	+54.1%	50,5 k €	-28.0%	70,2 k €	+25.2%	56,1 k €	-16.2%	66,9 k €	-7.2%	72,1 k €	-21.1%	91,4 k €	+15.1%	79,4 k €	+20.8%	65,7 k €	+38.5%	47,5 k €	-10.6%	53,1 k €	-22.2%	68,3 k €	+7.6%	63,4 k €	+24.7%	50,9 k €	-2.7%	52,3 k €
Operating result	54,6 k €	-40.6%	91,9 k €	+3.2%	89,1 k €	-6.2%	95 k €	+23.6%	76,9 k €	+50.1%	51,2 k €	+101%	25,5 k €	-43.6%	45,2 k €	+42.7%	31,7 k €	-27.5%	43,7 k €	-9.1%	48,1 k €	-19.7%	59,9 k €	+51.1%	39,7 k €	+51.7%	26,1 k €	+392%	5,3 k €	-80.4%	27,1 k €	-36.5%	42,6 k €	+29.0%	33 k €	+108%	15,9 k €	-33.8%	24 k €
Net result	44,6 k €	-29.6%	63,3 k €	+6.2%	59,6 k €	-5.6%	63,1 k €	+23.5%	51,1 k €	+62.7%	31,4 k €	+108%	15,1 k €	-43.5%	26,7 k €	+61.4%	16,6 k €	-17.2%	20 k €	-50.5%	40,4 k €	-24.9%	53,8 k €	+86.0%	28,9 k €	+58.0%	18,3 k €	+6.1%	17,3 k €	-37.8%	27,7 k €	-34.0%	42 k €	+123%	18,9 k €	+138%	7,9 k €	-42.4%	13,8 k €
Balance sheet
Equity	492 k €	+10.0%	447,4 k €	+16.5%	384,1 k €	+18.4%	324,5 k €	+15.3%	281,4 k €	+22.2%	230,3 k €	+15.8%	198,8 k €	+8.2%	183,7 k €	+17.0%	157 k €	+11.8%	140,4 k €	+16.6%	120,4 k €	+2.9%	117 k €	+5.2%	111,2 k €	+3.7%	107,2 k €	+2.2%	104,9 k €	-2.6%	107,7 k €	+0.2%	107,4 k €	+0.9%	106,4 k €	+21.6%	87,6 k €	+10.0%	79,6 k €
Total assets	687 k €	+8.7%	632,2 k €	+13.7%	556 k €	+16.9%	475,6 k €	+10.9%	429 k €	+23.4%	347,6 k €	+10.1%	315,6 k €	+11.6%	282,7 k €	+2.5%	275,9 k €	+5.6%	261,3 k €	+52.7%	171,1 k €	-14.7%	200,7 k €	-10.8%	225,1 k €	+0.5%	223,9 k €	-27.8%	310,1 k €	+31.0%	236,6 k €	+0.8%	234,7 k €	+28.7%	182,4 k €	-12.8%	209,1 k €	+18.3%	176,8 k €
Cash	526,4 k €	+172%	193,8 k €	-59.4%	477,7 k €	+10.0%	434,5 k €	+6.9%	406,4 k €	+28.1%	317,2 k €	+13.5%	279,5 k €	+27.3%	219,6 k €	+10.7%	198,4 k €	+15.6%	171,7 k €	+18.7%	144,6 k €	-7.1%	155,6 k €	-3.5%	161,2 k €	+38.1%	116,8 k €	-0.7%	117,6 k €	-31.8%	172,3 k €	+16.8%	147,5 k €	+109%	70,7 k €	+3.3%	68,4 k €	+91.6%	35,7 k €
Debts	160,1 k €	+9.2%	146,6 k €	+9.5%	133,9 k €	+20.9%	110,7 k €	+1.0%	109,6 k €	+33.1%	82,4 k €	+0.9%	81,7 k €	+27.8%	63,9 k €	-26.0%	86,4 k €	+15.4%	74,8 k €	+47.6%	50,7 k €	-39.4%	83,7 k €	-26.3%	113,6 k €	+8.3%	104,9 k €	-47.4%	199,5 k €	+54.7%	128,9 k €	+2.1%	126,3 k €	+79.3%	70,4 k €	-40.6%	118,5 k €	+23.9%	95,6 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	+40.0%	0,5 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 · 1 active · 7 ended

Active mandates

D&M INVEST

Director · since 01 octobre 2009 · 0460.855.908

Represented by Gaethofs Martine

Active

Ended mandates

D&M INVEST

Director · since 10 septembre 2024 · 0460.855.908

Represented by Martine GAETHOFS

Ended

D&M INVEST

Manager · since 01 octobre 2009 · 0460.855.908

Represented by MARTINE GAETHOFS

Ended

D&M INVEST

Director · since 01 octobre 2009 · 0460.855.908

Represented by Martine GAETHOFS

Ended

D&M INVEST

Director · since 01 octobre 2009 · 0460.855.908

Represented by Martine Gaethofs

Ended

At this address

Other companies at this address

Company	CBE no.
D&M INVEST● Active	0460.855.908
Dokter Withofs Dirk● Active	0878.076.563

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2026	08/08/2025	30/07/2024	28/07/2023	04/07/2022	21/06/2021
General meeting	20/06/2026	30/06/2025	30/06/2024	30/06/2023	18/06/2022	19/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	16/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	08/08/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	18/06/2022	04/07/2022	Dutch	PDF
Micro model	31/12/2020	19/06/2021	21/06/2021	Dutch	PDF
Micro model	31/12/2019	20/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	17/06/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	21/06/2018	Dutch	PDF
Micro model	31/12/2016	17/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	24/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	06/07/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	25/06/2014	Dutch	PDF
Abridged modelCorrection	31/12/2012	15/06/2013	22/07/2013	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	15/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	12/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	14/08/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	26/08/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	16/08/2007	Dutch	PDF

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 · 1 active · 7 ended

Active mandates

D&M INVEST

Director · since 01 octobre 2009 · 0460.855.908

Represented by Gaethofs Martine

Active

Ended mandates

D&M INVEST

Director · since 10 septembre 2024 · 0460.855.908

Represented by Martine GAETHOFS

Ended

D&M INVEST

Manager · since 01 octobre 2009 · 0460.855.908

Represented by MARTINE GAETHOFS

Ended

D&M INVEST

Director · since 01 octobre 2009 · 0460.855.908

Represented by Martine GAETHOFS

Ended

D&M INVEST

Director · since 01 octobre 2009 · 0460.855.908

Represented by Martine Gaethofs

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/11/2009
ONTSLAGEN - BENOEMINGEN
PDF
Other11/05/2005
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

2025
Annual accounts 202544,6 k €↓
2024
Annual accounts 202463,3 k €↑
2023
Annual accounts 202359,6 k €↓
2022
Annual accounts 202263,1 k €↑
2021
Annual accounts 202151,1 k €↑
2020
Annual accounts 202031,4 k €↑
2019
Annual accounts 201915,1 k €↓
2018
Annual accounts 201826,7 k €↑
2017
Annual accounts 201716,6 k €↓
2016
Annual accounts 201620 k €↓
2015
Annual accounts 201540,4 k €↓
2014
Annual accounts 201453,8 k €↑
2013
Annual accounts 201328,9 k €↑
2012
Annual accounts 201218,3 k €↑
2011
Annual accounts 201117,3 k €↓
2010
Annual accounts 201027,7 k €↓
2009
Annual accounts 200942 k €↑
2008
Annual accounts 200818,9 k €↑
2007
Annual accounts 20077,9 k €↓
2006
Annual accounts 200613,8 k €
22/04/2005
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

ORTHO MG

Overview

What does ORTHO MG 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