ACTIVE

ART ORTHO

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Financial year 2025 · closed on 31/12/2025

Net result

30,1 k €

-80.5% YoY

Gross margin

287,8 k €

-37.8% YoY

Equity

212,7 k €

-17.1% YoY

What does ART ORTHO do?

ART ORTHO is a Private limited company incorporated in 2008. Its main activity is: Dental practice activities. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0899.779.027

Incorporation

13/08/2008

Legal form

Private limited company

Registered office

Rue des Bégonias 7
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

86230Dental practice activities· main 86230Dental practice activities

Joint committees (3)

330
33004
336

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 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	287,8 k €	-37.8%	462,9 k €	+93.0%	239,8 k €	+49.0%	160,9 k €	-15.8%	191,1 k €	+59.8%	119,5 k €	+12.4%	106,4 k €	-30.8%	153,9 k €	+41.6%	108,7 k €	+15.5%	94,1 k €	-8.3%	102,6 k €	+14.1%	90 k €	+16.2%	77,4 k €	+23.7%	62,6 k €	+117%	28,8 k €	-28.8%	40,5 k €	-37.1%	64,3 k €
EBITDA	54,6 k €	-75.2%	220,3 k €	+2560%	8,3 k €	-73.0%	30,7 k €	-76.6%	131,3 k €	+56.4%	83,9 k €	+13.8%	73,8 k €	-41.1%	125,2 k €	+49.4%	83,8 k €	+19.0%	70,4 k €	-22.5%	90,8 k €	+11.4%	81,5 k €	+10.3%	73,9 k €	+19.7%	61,8 k €	+121%	28 k €	-28.3%	39 k €	-38.6%	63,5 k €
Operating result	47,4 k €	-77.8%	213,7 k €	+9844%	2,1 k €	-92.3%	27,8 k €	-78.3%	128,2 k €	+57.3%	81,5 k €	+13.6%	71,7 k €	-38.8%	117,3 k €	+54.8%	75,7 k €	+17.9%	64,2 k €	-24.4%	84,9 k €	+12.4%	75,6 k €	+10.7%	68,3 k €	+21.7%	56,1 k €	+150%	22,4 k €	-34.0%	34 k €	-46.3%	63,2 k €
Net result	30,1 k €	-80.5%	154,4 k €	+7828%	-2 k €	+95.3%	-42,1 k €	-175%	56 k €	+137%	23,6 k €	-54.3%	51,7 k €	-37.1%	82,2 k €	+72.6%	47,6 k €	+20.4%	39,5 k €	-26.4%	53,7 k €	+5.3%	51 k €	+1.3%	50,3 k €	+32.6%	38 k €	+162%	14,5 k €	-39.8%	24,1 k €	-45.5%	44,1 k €
Balance sheet
Equity	212,7 k €	-17.1%	256,6 k €	+39.3%	184,2 k €	-1.1%	186,2 k €	-18.5%	228,3 k €	+14.6%	199,3 k €	-12.7%	228,2 k €	+29.3%	176,5 k €	+87.2%	94,3 k €	-41.4%	161 k €	+32.5%	121,5 k €	+79.2%	67,8 k €	+304%	16,8 k €	-68.0%	52,4 k €	+262%	14,5 k €	-81.7%	79 k €	+39.7%	56,5 k €
Total assets	342,8 k €	-19.4%	425,1 k €	+60.8%	264,4 k €	+8.5%	243,7 k €	-12.7%	279 k €	+3.8%	268,8 k €	+13.2%	237,5 k €	+26.1%	188,3 k €	-12.7%	215,6 k €	+28.6%	167,7 k €	+31.3%	127,7 k €	+68.9%	75,6 k €	-0.1%	75,7 k €	+27.4%	59,5 k €	-43.5%	105,2 k €	+13.6%	92,6 k €	+62.0%	57,2 k €
Cash	152,7 k €	-42.4%	265 k €	+314%	64 k €	+33.7%	47,9 k €	-63.0%	129,3 k €	+233%	38,8 k €	-51.8%	80,5 k €	+11.1%	72,5 k €	-31.0%	105,1 k €	-0.9%	106,1 k €	+15.8%	91,6 k €	+173%	33,5 k €	-34.9%	51,4 k €	+112%	24,2 k €	+18.7%	20,4 k €	+417%	4 k €	-48.9%	7,7 k €
Debts	113,4 k €	-23.0%	147,3 k €	+120%	66,9 k €	+18.0%	56,7 k €	+11.9%	50,7 k €	-27.1%	69,5 k €	+666%	9,1 k €	-23.0%	11,8 k €	-90.3%	121,3 k €	+3241%	3,6 k €	-1.1%	3,7 k €	-36.3%	5,8 k €	-90.2%	58,8 k €	+991%	5,4 k €	-94.0%	89,8 k €	+569%	13,4 k €	+2051%	624,2 €
Other
Workforce	–		–		5,2 ETP		–		–		–		–		–		–		–		0,4 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Carole Boucher

Director · since 07 août 2008

Active

Ended mandates

Carole BOUCHER

Director

Ended

Carole BOUCHER

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged 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	09/06/2026	18/07/2025	30/05/2024	25/08/2023	29/08/2022	20/08/2021
General meeting	25/05/2026	26/05/2025	27/05/2024	22/05/2023	23/05/2022	24/05/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/05/2026	09/06/2026	French	PDF
Micro model	31/12/2024	26/05/2025	18/07/2025	French	PDF
Abridged model	31/12/2023	27/05/2024	30/05/2024	French	PDF
Micro model	31/12/2022	22/05/2023	25/08/2023	French	PDF
Micro model	31/12/2021	23/05/2022	29/08/2022	French	PDF
Micro model	31/12/2020	24/05/2021	20/08/2021	French	PDF
Micro model	31/12/2019	25/05/2020	30/10/2020	French	PDF
Micro model	31/12/2018	27/05/2019	30/08/2019	French	PDF
Micro model	31/12/2017	28/05/2018	29/05/2018	French	PDF
Micro model	31/12/2016	22/05/2017	29/05/2017	French	PDF
Abridged model	31/12/2015	23/05/2016	09/09/2016	French	PDF
Abridged model	31/12/2014	25/05/2015	06/08/2015	French	PDF
Abridged model	31/12/2013	26/05/2014	08/07/2014	French	PDF
Abridged model	31/12/2012	27/05/2013	19/07/2013	French	PDF
Abridged model	31/12/2011	29/05/2012	01/06/2012	French	PDF
Abridged model	31/12/2010	23/05/2011	23/05/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	27/05/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 ended

Active mandates

Carole Boucher

Director · since 07 août 2008

Active

Ended mandates

Carole BOUCHER

Director

Ended

Carole BOUCHER

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office25/08/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL
PDF
Registered office16/10/2018
SIEGE SOCIAL
PDF
Registered office06/06/2013
SIEGE SOCIAL
PDF
Other22/08/2008
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

2025
Annual accounts 202530,1 k €↓
2024
Annual accounts 2024154,4 k €↑
2023
Annual accounts 2023-2 k €↑
2023
Name changeART ORHTO
2022
Annual accounts 2022-42,1 k €↓
2021
Annual accounts 202156 k €↑
2021
Name changeArt Ortho
2020
Annual accounts 202023,6 k €↓
2019
Annual accounts 201951,7 k €↓
2018
Annual accounts 201882,2 k €↑
2017
Annual accounts 201747,6 k €↑
2016
Annual accounts 201639,5 k €↓
2015
Annual accounts 201553,7 k €↑
2014
Annual accounts 201451 k €↑
2013
Annual accounts 201350,3 k €↑
2012
Annual accounts 201238 k €↑
2011
Annual accounts 201114,5 k €↓
2010
Annual accounts 201024,1 k €↓
2009
Annual accounts 200944,1 k €
13/08/2008
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

ART ORTHO

Overview

What does ART ORTHO do?

Trend over 17 financial years

Indicative valuation

Board of directors

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