ACTIVE

ORTHOTECHNICS

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Financial year 2024 · closed on 31/12/2024

Net result

381,4 k €

+29.2% YoY

Gross margin

841,7 k €

+19.8% YoY

Equity

4,2 M €

+1.6% YoY

Workforce

2,3 ETP

-4.2% YoY

What does ORTHOTECHNICS do?

ORTHOTECHNICS is a Private limited company incorporated in 2005. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Harelbeke. It employs on average 2,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0877.367.671

Incorporation

21/11/2005

Legal form

Private limited company

Registered office

Peter Benoitlaan 72
8530 Harelbeke · FlandreSee on map

Contributed capital

6 250,00 €

Latest accounts

31/12/2024

Average workforce

2,3 ETP

Activities (NACE)

32500Manufacture of medical and dental instruments and supplies· main 32500Manufacture of medical and dental instruments and supplies 33103Repair of fabricated metal products, machinery and equipment 32300Manufacture of sports goods 32300Manufacture of sports goods 36400Water collection, treatment and supply+3

Joint committees (4)

12806
200
218
340

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	841,7 k €	+19.8%	702,3 k €	+25.7%	558,8 k €	+240%	164,2 k €	-90.0%	1,6 M €	+65.2%	990,1 k €	-41.0%	1,7 M €	-11.6%	1,9 M €	+3.0%	1,8 M €	+32.9%	1,4 M €	+0.6%	1,4 M €	+12.6%	1,2 M €	-10.0%	1,4 M €	+13.4%	1,2 M €	+0.5%	1,2 M €	+60.2%	744,1 k €	+0.3%	741,7 k €	+178%	266,5 k €	-42.8%	465,8 k €
EBITDA	612 k €	+20.4%	508,4 k €	+39.7%	363,9 k €	+1966%	17,6 k €	-98.6%	1,3 M €	+84.2%	705,9 k €	-48.4%	1,4 M €	-10.9%	1,5 M €	+5.7%	1,5 M €	+32.7%	1,1 M €	-0.4%	1,1 M €	+13.9%	964,8 k €	-12.4%	1,1 M €	+60.3%	687 k €	-12.7%	787 k €	+49.8%	525,4 k €	-9.0%	577,6 k €	+356%	126,6 k €	-68.2%	398,5 k €
Operating result	555,5 k €	+28.5%	432,3 k €	+50.9%	286,5 k €	+533%	-66,2 k €	-105%	1,2 M €	+103%	592,4 k €	-52.8%	1,3 M €	-11.4%	1,4 M €	+7.2%	1,3 M €	+37.3%	961,8 k €	-5.1%	1 M €	+15.5%	877,6 k €	-13.9%	1 M €	+64.0%	621,4 k €	-14.3%	725,3 k €	+52.0%	477,2 k €	-10.1%	530,9 k €	+573%	78,9 k €	-77.6%	352,8 k €
Net result	381,4 k €	+29.2%	295,2 k €	+36.6%	216,1 k €	+371%	-79,8 k €	-110%	806,8 k €	+126%	356,5 k €	-60.4%	899,6 k €	+8.7%	827,8 k €	+25.9%	657,4 k €	+31.4%	500,5 k €	-18.5%	614 k €	+4.0%	590,6 k €	-27.0%	809,2 k €	+94.4%	416,2 k €	-13.6%	481,8 k €	+56.3%	308,2 k €	-9.1%	339,2 k €	+542%	52,8 k €	-78.3%	243,3 k €
Balance sheet
Equity	4,2 M €	+1.6%	4,1 M €	+7.7%	3,8 M €	+6.0%	3,6 M €	-13.9%	4,2 M €	-14.9%	4,9 M €	+7.8%	4,5 M €	+3.1%	4,4 M €	+23.1%	3,6 M €	+22.5%	2,9 M €	+20.6%	2,4 M €	+132%	1 M €	-38.6%	1,7 M €	+90.1%	898,3 k €	-11.2%	1 M €	+91.0%	529,7 k €	+62.2%	326,5 k €	+15.6%	282,3 k €	+23.0%	229,5 k €
Total assets	4,4 M €	+0.3%	4,4 M €	+8.3%	4,1 M €	-9.1%	4,5 M €	-26.9%	6,1 M €	+13.8%	5,4 M €	+7.5%	5 M €	+1.7%	4,9 M €	+15.6%	4,2 M €	+21.1%	3,5 M €	+14.7%	3,1 M €	+7.0%	2,9 M €	+13.4%	2,5 M €	+17.5%	2,1 M €	+31.9%	1,6 M €	+55.9%	1 M €	-0.3%	1 M €	+25.2%	835,1 k €	+27.9%	653,1 k €
Cash	1,5 M €	+6.0%	1,4 M €	+11.0%	1,3 M €	-36.1%	2 M €	+30.2%	1,6 M €	+11.8%	1,4 M €	+84.8%	756,7 k €	-45.5%	1,4 M €	-3.4%	1,4 M €	-10.3%	1,6 M €	-11.0%	1,8 M €	+48.9%	1,2 M €	+1.8%	1,2 M €	-3.4%	1,2 M €	+14.3%	1,1 M €	+142%	444,6 k €	+54.2%	288,3 k €	+152%	114,3 k €	-24.9%	152,2 k €
Debts	242,6 k €	-17.3%	293,3 k €	+16.6%	251,5 k €	-71.2%	873,4 k €	-54.9%	1,9 M €	+318%	463 k €	+3.8%	445,9 k €	-10.0%	495,4 k €	-23.3%	646,2 k €	+14.8%	563,1 k €	-5.6%	596,4 k €	-66.7%	1,8 M €	+126%	792,7 k €	+28.5%	617 k €	+113%	289 k €	-34.0%	437,6 k €	-39.1%	718,4 k €	+30.2%	551,6 k €	+30.2%	423,6 k €
Other
Workforce	2,3 ETP	-4.2%	2,4 ETP	-4.0%	2,5 ETP	-16.7%	3,0 ETP	-16.7%	3,6 ETP	-7.7%	3,9 ETP	-9.3%	4,3 ETP	-8.5%	4,7 ETP	-23.0%	6,1 ETP	+27.1%	4,8 ETP	-2.0%	4,9 ETP	+28.9%	3,8 ETP	-20.8%	4,8 ETP	+29.7%	3,7 ETP	+12.1%	3,3 ETP	+10.0%	3,0 ETP	-18.9%	3,7 ETP	+8.8%	3,4 ETP	+88.9%	1,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 7 ended

Active mandates

Lieven Georges Samoy

Director · since 18 novembre 2005

Active

Ended mandates

I & L

Manager · 0405.402.095

Represented by Lieven Samoy

Ended

I & L

Manager · 0405.402.095

Ended

I & L

Manager · 0405.402.095

Represented by Lieven Samoy

Ended

I & L

Manager · 0405.402.095

Represented by LIEVEN SAMOY

Ended

At this address

Other companies at this address

Company	CBE no.
I & L● Active	0405.402.095
ORTHO● Active	0848.957.757

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2025	07/10/2024	11/12/2023	11/12/2023	28/10/2021	24/02/2021
General meeting	02/06/2025	03/06/2024	11/12/2023	19/09/2022	26/10/2021	20/02/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	02/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	07/10/2024	Dutch	PDF
Abridged model	31/12/2022	11/12/2023	11/12/2023	Dutch	PDF
Abridged model	31/12/2021	19/09/2022	11/12/2023	Dutch	PDF
Abridged model	31/12/2020	26/10/2021	28/10/2021	Dutch	PDF
Abridged model	31/12/2019	20/02/2021	24/02/2021	Dutch	PDF
Abridged model	31/12/2018	14/10/2019	07/12/2019	Dutch	PDF
Abridged model	31/12/2017	30/10/2018	12/11/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	27/09/2018	Dutch	PDF
Abridged model	31/12/2015	27/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/08/2015	31/08/2015	Dutch	PDF
Abridged modelCorrection	31/12/2013	28/07/2014	10/12/2015	Dutch	PDF
Abridged model	31/12/2013	28/07/2014	07/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	20/06/2013	Dutch	PDF
Abridged model	31/12/2011	12/11/2012	27/11/2012	Dutch	PDF
Abridged model	31/12/2010	12/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	26/07/2010	07/09/2010	Dutch	PDF
Abridged model	31/12/2008	29/09/2009	30/09/2009	Dutch	PDF
Abridged model	31/12/2007	06/09/2008	04/11/2008	Dutch	PDF
Abridged model	31/12/2006	27/09/2007	28/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024 · 1 active · 7 ended

Active mandates

Lieven Georges Samoy

Director · since 18 novembre 2005

Active

Ended mandates

I & L

Manager · 0405.402.095

Represented by Lieven Samoy

Ended

I & L

Manager · 0405.402.095

Ended

I & L

Manager · 0405.402.095

Represented by Lieven Samoy

Ended

I & L

Manager · 0405.402.095

Represented by LIEVEN SAMOY

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other27/12/2023
DIVERSEN
PDF
Mandates28/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/03/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares11/03/2014
KAPITAAL - AANDELEN
PDF
Registered office05/09/2007
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares16/10/2006
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Other01/12/2005
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

2024
Annual accounts 2024381,4 k €↑
2023
Annual accounts 2023295,2 k €↑
2022
Annual accounts 2022216,1 k €↑
2021
Annual accounts 2021-79,8 k €↓
2020
Annual accounts 2020806,8 k €↑
2019
Annual accounts 2019356,5 k €↓
2018
Annual accounts 2018899,6 k €↑
2017
Annual accounts 2017827,8 k €↑
2016
Annual accounts 2016657,4 k €↑
2015
Annual accounts 2015500,5 k €↓
2014
Annual accounts 2014614 k €↑
2013
Annual accounts 2013590,6 k €↓
2012
Annual accounts 2012809,2 k €↑
2011
Annual accounts 2011416,2 k €↓
2010
Annual accounts 2010481,8 k €↑
2009
Annual accounts 2009308,2 k €↓
2008
Annual accounts 2008339,2 k €↑
2007
Annual accounts 200752,8 k €↓
2006
Annual accounts 2006243,3 k €
21/11/2005
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

ORTHOTECHNICS

Overview

What does ORTHOTECHNICS do?

Trend over 19 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