ACTIVE

ORTHOPHAR

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Financial year 2025 · closed on 29/06/2025

Net result

2,1 k €

-88.3% YoY

Gross margin

3,8 k €

-76.8% YoY

Equity

257,3 k €

+0.8% YoY

What does ORTHOPHAR do?

ORTHOPHAR is a Private limited company incorporated in 2006. Its main activity is: Manufacture of pharmaceutical preparations. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.711.212

Incorporation

02/03/2006

Legal form

Private limited company

Registered office

Kreupelstraat(Bel) 50
8510 Kortrijk · FlandreSee on map

Contributed capital

12 200,00 €

Latest accounts

29/06/2025

Activities (NACE)

21201Manufacture of pharmaceutical preparations· main 21201Manufacture of pharmaceutical preparations 24421Aluminium production 20420Manufacture of perfumes and toilet preparations 20420Manufacture of perfumes and toilet preparations 24520Casting of steel+16

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007
Income statement
Gross margin	3,8 k €	-76.8%	16,4 k €	+9828%	165 €	-98.4%	10,4 k €	-15.9%	12,4 k €	-85.5%	85,7 k €	-14.5%	100,3 k €	+233%	30,1 k €	-87.5%	240,8 k €	-26.7%	328,3 k €	+249%	94 k €	-17.0%	113,3 k €	+2530%	4,3 k €	-84.9%	28,5 k €	+71.7%	16,6 k €	-53.8%	35,9 k €	+1110%	3 k €
EBITDA	3,1 k €	-81.0%	16,2 k €	+56744%	-28,6 €	-100%	10,3 k €	-10.9%	11,6 k €	-86.5%	85,6 k €	-14.5%	100,2 k €	+234%	30 k €	-87.6%	240,7 k €	-26.4%	327,2 k €	+249%	93,7 k €	-17.0%	112,9 k €	+3109%	3,5 k €	-87.5%	28 k €	+72.2%	16,3 k €	-54.5%	35,8 k €	+1213%	2,7 k €
Operating result	3,1 k €	-81.0%	16,2 k €	+56744%	-28,6 €	-100%	10,3 k €	-10.9%	11,6 k €	-86.5%	85,6 k €	-14.5%	100,2 k €	+234%	30 k €	-87.6%	240,7 k €	-26.6%	327,7 k €	+250%	93,7 k €	-16.7%	112,4 k €	+3095%	3,5 k €	-87.4%	27,9 k €	+77.5%	15,7 k €	-55.4%	35,2 k €	+9870%	-360,1 €
Net result	2,1 k €	-88.3%	18,1 k €	+12188%	-149,6 €	-101%	10,2 k €	-8.1%	11,1 k €	-86.9%	85,1 k €	+1.8%	83,6 k €	+392%	17 k €	-90.8%	185 k €	-24.4%	244,7 k €	+8444%	2,9 k €	-59.2%	7 k €	+267%	1,9 k €	-90.4%	19,9 k €	+116%	9,2 k €	-57.9%	21,9 k €	+1839%	-1,3 k €
Balance sheet
Equity	257,3 k €	+0.8%	255,2 k €	+1.1%	252,3 k €	-0.1%	252,4 k €	+0.0%	252,3 k €	+0.0%	252,2 k €	+0.0%	252,1 k €	+5.7%	238,5 k €	+2.1%	233,5 k €	+38.6%	168,5 k €	+128%	73,8 k €	+4.0%	71 k €	+11.0%	63,9 k €	+3.1%	62 k €	+47.4%	42,1 k €	+28.1%	32,9 k €	+200%	10,9 k €
Total assets	258,8 k €	-4.8%	271,8 k €	+7.1%	253,8 k €	-3.8%	264 k €	-0.1%	264,2 k €	-28.1%	367,5 k €	-40.4%	616,3 k €	-49.2%	1,2 M €	-29.8%	1,7 M €	-10.9%	1,9 M €	+58.6%	1,2 M €	+492%	206,6 k €	+78.4%	115,8 k €	+6.1%	109,1 k €	+52.9%	71,4 k €	+3.9%	68,7 k €	+173%	25,2 k €
Cash	199,7 k €	-13.9%	232,1 k €	+22.5%	189,5 k €	-7.7%	205,3 k €	+16.2%	176,8 k €	-45.1%	321,8 k €	+7.9%	298,2 k €	+539%	46,7 k €	+293%	11,9 k €	-54.2%	25,9 k €	-81.9%	142,8 k €		–		–		98,6 k €	+70.2%	57,9 k €	+11.6%	51,9 k €	+249%	14,9 k €
Debts	1,4 k €	-91.4%	16,6 k €	+1017%	1,5 k €	-87.1%	11,6 k €	-2.6%	11,9 k €	-89.7%	115,3 k €	-68.3%	364,2 k €	-62.6%	973,8 k €	-34.8%	1,5 M €	-15.7%	1,8 M €	+54.2%	1,1 M €	+747%	135,7 k €	+161%	51,9 k €	+10.2%	47,1 k €	+60.8%	29,3 k €	-18.3%	35,9 k €	+152%	14,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 29/06/2025 · 2 active · 14 ended

Active mandates

ISALA

Director · since 03 juin 2013 · 0449.855.316

Represented by Vanneste ALAIN

Active

SODOFIN

Director · since 03 juin 2013 · 0882.466.507

Represented by Flament Dominic

Active

Ended mandates

ISALA

Director · since 03 juin 2013 · 0449.855.316

Represented by Vanneste ALAIN WERNER

Ended

ISALA

Manager · since 03 juin 2013 · 0449.855.316

Represented by Alain Vanneste

Ended

ISALA

Manager · since 03 juin 2013 · 0449.855.316

Represented by Alain Vanneste

Ended

SODOFIN

Director · since 03 juin 2013 · 0882.466.507

Represented by Flament DOMINIC

Ended

At this address

Other companies at this address

Company	CBE no.
Dr. Maddens● Active	0765.596.650
SODOFIN● Active	0882.466.507
SODOS● Active	0829.234.885

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020	30/06/2019
Closing of the financial year	29/06/2025	29/06/2024	29/06/2023	29/06/2022	29/06/2021	29/06/2020
Length of the financial year	13 months	13 months	13 months	13 months	13 months	13 months
Filing date	29/01/2026	30/01/2025	29/01/2024	26/01/2023	27/01/2022	18/01/2021
General meeting	15/12/2025	16/12/2024	18/12/2023	19/12/2022	20/12/2021	21/12/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	29/06/2025	15/12/2025	29/01/2026	Dutch	PDF
Micro model	29/06/2024	16/12/2024	30/01/2025	Dutch	PDF
Micro model	29/06/2023	18/12/2023	29/01/2024	Dutch	PDF
Micro model	29/06/2022	19/12/2022	26/01/2023	Dutch	PDF
Micro model	29/06/2021	20/12/2021	27/01/2022	Dutch	PDF
Abridged model	29/06/2020	21/12/2020	18/01/2021	Dutch	PDF
Abridged model	29/06/2019	16/12/2019	30/01/2020	Dutch	PDF
Abridged model	29/06/2018	17/12/2018	17/12/2018	Dutch	PDF
Abridged model	29/06/2017	18/12/2017	20/12/2017	Dutch	PDF
Abridged model	29/06/2016	19/12/2016	27/01/2017	Dutch	PDF
Abridged model	29/06/2015	21/12/2015	15/01/2016	Dutch	PDF
Abridged model	29/06/2014	15/12/2014	13/01/2015	Dutch	PDF
Abridged model	29/06/2013	16/12/2013	14/02/2014	Dutch	PDF
Abridged model	29/06/2012	17/12/2012	11/02/2013	Dutch	PDF
Abridged model	29/06/2011	19/12/2011	14/02/2012	Dutch	PDF
Abridged model	30/06/2009	21/12/2009	29/01/2010	Dutch	PDF
Abridged model	30/06/2008	15/12/2008	13/02/2009	Dutch	PDF
Abridged model	30/06/2007	17/12/2007	30/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 29/06/2025 · 2 active · 14 ended

Active mandates

ISALA

Director · since 03 juin 2013 · 0449.855.316

Represented by Vanneste ALAIN

Active

SODOFIN

Director · since 03 juin 2013 · 0882.466.507

Represented by Flament Dominic

Active

Ended mandates

ISALA

Director · since 03 juin 2013 · 0449.855.316

Represented by Vanneste ALAIN WERNER

Ended

ISALA

Manager · since 03 juin 2013 · 0449.855.316

Represented by Alain Vanneste

Ended

ISALA

Manager · since 03 juin 2013 · 0449.855.316

Represented by Alain Vanneste

Ended

SODOFIN

Director · since 03 juin 2013 · 0882.466.507

Represented by Flament DOMINIC

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/02/2021
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Registered office09/02/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/06/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other23/07/2010
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other14/03/2006
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 20252,1 k €↓
2024
Annual accounts 202418,1 k €↑
2023
Annual accounts 2023-149,6 €↓
2022
Annual accounts 202210,2 k €↓
2020
Annual accounts 202011,1 k €↓
2019
Annual accounts 201985,1 k €↑
2018
Annual accounts 201883,6 k €↑
2017
Annual accounts 201717 k €↓
2016
Annual accounts 2016185 k €↓
2015
Annual accounts 2015244,7 k €↑
2014
Annual accounts 20142,9 k €↓
2013
Annual accounts 20137 k €↑
2012
Annual accounts 20121,9 k €↓
2011
Annual accounts 201119,9 k €↑
2009
Annual accounts 20099,2 k €↓
2008
Annual accounts 200821,9 k €↑
2007
Annual accounts 2007-1,3 k €
02/03/2006
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

ORTHOPHAR

Overview

What does ORTHOPHAR do?

Trend over 17 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