Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Orthim from Kortrijk, company number BE0421335732, closed financial year 2025 with a result of € 34,081 after tax. For that financial year Orthim recorded a gross margin of € 78,005 and equity of € 420,001. Compared with financial year 2024, the result moved from € 46,799 to € 34,081. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 420,001
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,081
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 51,602
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 245,001.
People and assets in 2025
€ 29,617
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,692
▼ 28% vs 2024
€ 10,276 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,173
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,075
▼ 36% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 64,152 | € 77,073 | € 94,934 | € 78,005 | ▼ 18% |
| Profit after taxes | € 21,838 | € -114,308 | € 46,799 | € 34,081 | ▼ 27% |
| Equity | € 453,429 | € 339,121 | € 385,920 | € 420,001 | ▲ 9% |
| Total debts | € 92,069 | € 134,559 | € 129,447 | € 68,062 | ▼ 47% |
| Cash | € 272,337 | € 146,634 | € 104,412 | € 51,602 | ▼ 51% |
| Retained profit | € 278,429 | € 164,121 | € 210,920 | € 245,001 | ▲ 16% |
| Bank debt | € 0 | € 43,946 | € 34,529 | € 24,692 | ▼ 28% |
| Balance sheet total | € 550,418 | € 478,166 | € 519,419 | € 491,681 | ▼ 5% |
Key figures of Orthim, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Orthim?
What happened at Orthim in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Caroline Baert stepped down as director. NBB
- Simonne Maes stepped down as director. NBB
- Philippe Baert stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 34,081 (▼ 27% vs 2024). Source: NBB ↗
- Caroline Baert became a director. NBB
- Simonne Maes became a director. NBB
- Philippe Baert became a director. NBB
- New establishment in Kortrijk. KBO
In short
From € 21,838 profit in 2022 to € 34,081 profit in 2025.
Paid € 20,557 in corporate taxes since 2022.
Best year ever: 2024, with € 46,799 profit.
A new publication or filing at Orthim? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Caroline Baert
Director
since 2023 · until 2029
since 2020 · until 2029
Philippe Baert
Director
since 2020 · until 2029
Establishments
Establishment units
Physical locations of this company
Sint-Margriete-Houtemlaan(Kor) 19
8500 Kortrijk
Budastraat(Kor) 25
8500 Kortrijk
Active since 20 January 1981
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.335.732
- VAT number
- BE 0421.335.732
- Registered office
- Sint-Margriete-Houtemlaan(Kor) 19, 8500 Kortrijk
- Names & denominations
- Orthim
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 1981
- Peppol
- Not registered