Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ORTHELEX from La Hulpe, company number BE0443339290, closed financial year 2025 with a result of € 46,220 after tax. For that financial year ORTHELEX recorded a gross margin of € 84,597 and equity of € 163,090. Compared with financial year 2024, the result moved from € 69,403 to € 46,220. 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 August 24, 2026.
€ 163,090
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,220
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 131,553
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 19,000 paid out
41 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,614
▲ 23% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 3,701
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,872
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,365
▼ 16% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 72,148 | € 64,112 | € 118,551 | € 84,597 | ▼ 29% |
| Profit after taxes | € 22,139 | € 8,707 | € 69,403 | € 46,220 | ▼ 33% |
| Equity | € 73,481 | € 66,467 | € 135,870 | € 163,090 | ▲ 20% |
| Total debts | € 146,091 | € 142,573 | € 75,701 | € 14,237 | ▼ 81% |
| Cash | € 149,704 | € 159,800 | € 162,790 | € 131,553 | ▼ 19% |
| Land & buildings | € 6,782 | € 845 | - | - | |
| Retained profit | € 61,081 | € 66,267 | € 135,670 | € 162,890 | ▲ 20% |
| Dividend | € 145,700 | € 9,721 | € 0 | € 19,000 | |
| Balance sheet total | € 219,572 | € 209,040 | € 211,571 | € 177,328 | ▼ 16% |
Key figures of ORTHELEX, 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 ORTHELEX?
What happened at ORTHELEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,220 (▼ 33% vs 2024). filed late Source: NBB ↗
- New establishment in La Hulpe. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,139 profit in 2022 to € 46,220 profit in 2025.
Paid € 68,785 in corporate taxes since 2022.
Best year ever: 2024, with € 69,403 profit.
Paid out € 174,421 in dividends to the owners in total.
Management
Behind ORTHELEX is Danielle FETELIAN.
Directors
According to the 2025 annual accounts
Danielle FETELIAN
Manager
Establishments
Establishment units
Physical locations of this company
Rue de la Prison 17
1310 La Hulpe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.339.290
- VAT number
- BE 0443.339.290
- Registered office
- Rue de la Prison 17, 1310 La Hulpe
- Names & denominations
- ORTHELEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 1991
- Peppol
- Not registered
- Activities · NACE
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