Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2023; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.6 to 6.5.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ORTHOGESE from Brussel, company number BE0432433225, closed financial year 2023 with a result of € -376,381 after tax. For that financial year ORTHOGESE recorded a gross margin of € 233,127 and equity of € -327,133. Compared with financial year 2022, the result moved from € -110,400 to € -376,381. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 11, 2024.
€ -327,133
▼ € 376,381 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -376,381
▼ 241 % more loss than in 2022
Profit after tax over the fiscal year.
€ 191,036
▼ 6% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -389,633.
People and assets in 2023
6.5
▼ 2.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 475,570
▼ 17% vs 2022
€ 73,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,275
▼ 21% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 1.1 million
▼ 11% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 51,010
▼ 27% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 921,925 | € 852,264 | € 233,127 | ▼ 73% |
| Profit after taxes | € -80,420 | € -110,400 | € -376,381 | ▼ € 265,981 |
| Equity | € 159,648 | € 49,248 | € -327,133 | ▼ € 376,381 |
| Total debts | € 1,328,085 | € 1,271,043 | € 1,107,893 | ▼ 13% |
| Cash | € 177,681 | € 203,588 | € 191,036 | ▼ 6% |
| Retained profit | € 97,148 | € -13,252 | € -389,633 | ▼ € 376,381 |
| Balance sheet total | € 1,487,732 | € 1,320,291 | € 780,760 | ▼ 41% |
| Employees (FTE) | 9.6 | 9.3 | 6.5 | ▼ 2.8 |
Key figures of ORTHOGESE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ORTHOGESE?
What happened at ORTHOGESE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ORTHOGESE is active according to the CBE. Legal situation: Opening faillissement.
- Laurence THILTGES stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 376,381. filed late Source: NBB ↗
- Laurence THILTGES became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,420 loss in 2021 to € 376,381 loss in 2023.
Paid € 3,407 in corporate taxes since 2021.
On average € 35,900 of value added per employee in 2023.
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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 2023 annual accounts
Laurence THILTGES
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Mellerystraat 54
1020 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.433.225
- VAT number
- BE 0432.433.225
- Registered office
- Mellerystraat 54, 1020 Brussel
- Names & denominations
- ORTHOGESE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 2 November 1987
- Peppol
- Active · Active since 21 Nov 2024
- Activities · NACE
Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen
Vervaardiging van niet-elektrische apparaten en instrumenten voor de geneeskunde, de tandheelkunde en de veeartsenijkunde
Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden