ACTIVE

ORTHOFACE

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Financial year 2025 · closed on 31/12/2025

Net result

266,3 k €

+8.9% YoY

Gross margin

413,7 k €

+4.1% YoY

Equity

1 M €

-8.2% YoY

Workforce

0,0 ETP

What does ORTHOFACE do?

ORTHOFACE is a Private limited company incorporated in 2007. Its main activity is: Specialist medical practice activities. Its registered office is in Sint-Martens-Latem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0892.661.801

Incorporation

09/10/2007

Legal form

Private limited company

Registered office

Jef De Belderlaan 9
9831 Sint-Martens-Latem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

86220Specialist medical practice activities· main 86220Specialist medical practice activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	413,7 k €	+4.1%	397,3 k €	+104%	194,7 k €	-37.0%	309,1 k €	-17.2%	373,5 k €	+19.2%	313,5 k €	+14.9%	272,7 k €	-16.3%	326 k €	+1.6%	321 k €	+3.1%	311,3 k €	+10.7%	281,2 k €	-18.1%	343,5 k €	+19.4%	287,7 k €	+10.1%	261,4 k €	+6.8%	244,7 k €	-32.9%	364,9 k €
EBITDA	411,3 k €	+4.7%	393 k €	+104%	192,8 k €	-33.6%	290,3 k €	+2.1%	284,2 k €	+12.9%	251,8 k €	-6.0%	268 k €	-16.4%	320,6 k €	+0.9%	317,6 k €	+2.9%	308,7 k €	+10.8%	278,7 k €	-18.6%	342,3 k €	+21.3%	282,2 k €	+8.9%	259,1 k €	+6.2%	244 k €	-33.0%	364 k €
Operating result	384,9 k €	+5.1%	366,2 k €	+128%	160,9 k €	-39.4%	265,4 k €	-3.6%	275,2 k €	+42.7%	192,9 k €	+46.1%	132 k €	-12.8%	151,4 k €	+0.5%	150,7 k €	+8.0%	139,6 k €	+32.5%	105,3 k €	-37.2%	167,8 k €	+38.7%	121 k €	+3.9%	116,4 k €	+95.3%	59,6 k €	-58.5%	143,6 k €
Net result	266,3 k €	+8.9%	244,6 k €	+123%	109,5 k €	-25.3%	146,6 k €	-19.2%	181,5 k €	+36.8%	132,6 k €	+95.4%	67,9 k €	-32.4%	100,4 k €	+41.0%	71,2 k €	-0.8%	71,7 k €	+46.4%	49 k €	-38.9%	80,2 k €	+67.3%	47,9 k €	-58.9%	116,6 k €	+68534%	169,9 €	-99.7%	58,5 k €
Balance sheet
Equity	1 M €	-8.2%	1,1 M €	+8.4%	1 M €	+6.8%	964,2 k €	+9.3%	881,8 k €	+47.5%	597,7 k €	+5.8%	565 k €	+13.7%	497,2 k €	+1.1%	491,8 k €	+16.9%	420,6 k €	+20.6%	348,9 k €	+8.4%	321,9 k €	+33.2%	241,8 k €	+24.7%	193,8 k €	+173%	71 k €	+0.2%	70,9 k €
Total assets	1,4 M €	-3.9%	1,5 M €	+18.2%	1,3 M €	+0.8%	1,2 M €	+6.8%	1,2 M €	+22.7%	949,2 k €	+13.5%	836,5 k €	-18.4%	1 M €	+1.9%	1 M €	-8.3%	1,1 M €	-3.6%	1,1 M €	-4.6%	1,2 M €	+1.0%	1,2 M €	-7.4%	1,3 M €	+11.2%	1,1 M €	-3.6%	1,2 M €
Cash	152,5 k €	+15.0%	132,7 k €	+18.8%	111,7 k €	+7.1%	104,3 k €	-47.0%	196,9 k €	-7.3%	212,5 k €	+3.8%	204,7 k €	+16.3%	176 k €	-30.0%	251,3 k €	+41.6%	177,5 k €	+137%	74,8 k €	-40.7%	126,2 k €	-0.8%	127,2 k €	-14.6%	148,9 k €	+87.5%	79,4 k €	-13.6%	91,9 k €
Debts	392,8 k €	+7.8%	364,5 k €	+64.7%	221,3 k €	-20.8%	279,3 k €	-1.1%	282,4 k €	-19.7%	351,6 k €	+29.9%	270,7 k €	-48.7%	528,1 k €	+2.7%	514 k €	-23.8%	674,9 k €	-14.4%	788,8 k €	-9.4%	870,7 k €	-7.2%	938 k €	-13.2%	1,1 M €	+0.5%	1,1 M €	-3.9%	1,1 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Maurice Mommaerts

Director

Active

Ended mandates

Maurice Mommaerts

Manager · since 09 octobre 2007

Ended

Maurice Mommaerts

Director · since 27 septembre 2007

Ended

Maurice Mommaerts

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Patient-Specific Implants Research en Teaching Institute● Active	1011.506.892

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	29/06/2026	27/06/2025	16/07/2024	20/07/2023	20/07/2022	14/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	16/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	14/07/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	03/07/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	19/07/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	20/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	12/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	06/07/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	27/07/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 ended

Active mandates

Maurice Mommaerts

Director

Active

Ended mandates

Maurice Mommaerts

Manager · since 09 octobre 2007

Ended

Maurice Mommaerts

Director · since 27 septembre 2007

Ended

Maurice Mommaerts

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office27/02/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/09/2017
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares13/12/2013
KAPITAAL - AANDELEN
PDF
Other14/11/2007
DIVERSEN
PDF
Other17/10/2007
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 2025266,3 k €↑
2024
Annual accounts 2024244,6 k €↑
2023
Annual accounts 2023109,5 k €↓
2022
Annual accounts 2022146,6 k €↓
2021
Annual accounts 2021181,5 k €↑
2018
Annual accounts 2018132,6 k €↑
2017
Annual accounts 201767,9 k €↓
2016
Annual accounts 2016100,4 k €↑
2015
Annual accounts 201571,2 k €↓
2014
Annual accounts 201471,7 k €↑
2013
Annual accounts 201349 k €↓
2012
Annual accounts 201280,2 k €↑
2011
Annual accounts 201147,9 k €↓
2010
Annual accounts 2010116,6 k €↑
2009
Annual accounts 2009169,9 €↓
2008
Annual accounts 200858,5 k €
09/10/2007
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

ORTHOFACE

Overview

What does ORTHOFACE do?

Trend over 16 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