What does UPDATE ORTHOPAEDICS do?

UPDATE ORTHOPAEDICS is a shop in Sint-Martens-Latem. Private Limited, started on 23 September 1994, 1 establishment.

What is the address of UPDATE ORTHOPAEDICS?

The registered office of UPDATE ORTHOPAEDICS is located at Nelemeersstraat 72, 9830 Sint-Martens-Latem.

Is UPDATE ORTHOPAEDICS still active?

Yes. According to the CBE (31 October 2026) UPDATE ORTHOPAEDICS is active, legal situation “Normale toestand”, started on 23 September 1994.

Is UPDATE ORTHOPAEDICS registered on Peppol?

Yes, UPDATE ORTHOPAEDICS is registered on the Peppol network with ID 0208:0453484797.

What is the enterprise number of UPDATE ORTHOPAEDICS?

The enterprise number of UPDATE ORTHOPAEDICS is BE0453484797.

When was UPDATE ORTHOPAEDICS founded?

UPDATE ORTHOPAEDICS was founded on 23 September 1994.

Who are the directors of UPDATE ORTHOPAEDICS?

According to the 2025 annual accounts, the directors of UPDATE ORTHOPAEDICS are: Arnaud VERSCHUERE, Koen VERSCHUERE.

Is UPDATE ORTHOPAEDICS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 September 1994; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did UPDATE ORTHOPAEDICS make in 2025?

UPDATE ORTHOPAEDICS posted a profit after taxes of € 12,899 in financial year 2025.

What is the revenue of UPDATE ORTHOPAEDICS?

As a small company, UPDATE ORTHOPAEDICS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -8,611.

UPDATE ORTHOPAEDICS (Private Limited)

Dossier UPDATE ORTHOPAEDICS, printed on 1 November 2026 from databakkes.be/en/0453484797/update-orthopaedics. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

UPDATE ORTHOPAEDICS from Sint-Martens-Latem, company number BE0453484797, closed financial year 2025 with a result of € 12,899 after tax. For that financial year UPDATE ORTHOPAEDICS recorded a gross margin of € -8,611 and equity of € 361,001. Compared with financial year 2024, the result moved from € 61,655 to € 12,899. 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 September 29, 2026.

What it is worth Growing

€ 361,001

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 12,899

▼ 79% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 62,848

▲ 38% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 298,501.

People and assets in 2025

Vehicles and equipment

€ 127,905

▼ 19% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 90,109

▼ 20% vs 2024

€ 23,394 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 5,429

▼ 53% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 21,370

▼ 39% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 116,252 Gross margin 2022: € 116,252 First fiscal year in the series	€ 92,671 Gross margin 2023: € 92,671 ▼ 20% vs 2022 (€ 116,252) Unfavourable step	€ 120,170 Gross margin 2024: € 120,170 ▲ 30% vs 2023 (€ 92,671) Favourable step	€ -8,611 Gross margin 2025: € -8,611 ▼ € 128,781 vs 2024 (€ 120,170) Unfavourable step	▼ € 128,781
Profit after taxes	€ 17,609 Profit after taxes 2022: € 17,609 First fiscal year in the series	€ 53,733 Profit after taxes 2023: € 53,733 ▲ 205% vs 2022 (€ 17,609) Favourable step	€ 61,655 Profit after taxes 2024: € 61,655 ▲ 15% vs 2023 (€ 53,733) Favourable step	€ 12,899 Profit after taxes 2025: € 12,899 ▼ 79% vs 2024 (€ 61,655) Unfavourable step	▼ 79%
Equity	€ 352,714 Equity 2022: € 352,714 First fiscal year in the series	€ 346,447 Equity 2023: € 346,447 ▼ 2% vs 2022 (€ 352,714) Unfavourable step	€ 348,102 Equity 2024: € 348,102 Unchanged (€ 346,447) Favourable step	€ 361,001 Equity 2025: € 361,001 ▲ 4% vs 2024 (€ 348,102) Favourable step	▲ 4%
Total debts	€ 126,098 Total debts 2022: € 126,098 First fiscal year in the series	€ 83,634 Total debts 2023: € 83,634 ▼ 34% vs 2022 (€ 126,098) Favourable step	€ 158,929 Total debts 2024: € 158,929 ▲ 90% vs 2023 (€ 83,634) Unfavourable step	€ 172,886 Total debts 2025: € 172,886 ▲ 9% vs 2024 (€ 158,929) Unfavourable step	▲ 9%
Cash	€ 153,755 Cash 2022: € 153,755 First fiscal year in the series	€ 80,901 Cash 2023: € 80,901 ▼ 47% vs 2022 (€ 153,755) Unfavourable step	€ 45,646 Cash 2024: € 45,646 ▼ 44% vs 2023 (€ 80,901) Unfavourable step	€ 62,848 Cash 2025: € 62,848 ▲ 38% vs 2024 (€ 45,646) Favourable step	▲ 38%
Land & buildings	€ 124,322 Land & buildings 2022: € 124,322 First fiscal year in the series	€ 174,193 Land & buildings 2023: € 174,193 ▲ 40% vs 2022 (€ 124,322) Unchanged	€ 182,360 Land & buildings 2024: € 182,360 ▲ 5% vs 2023 (€ 174,193) Unchanged	€ 200,940 Land & buildings 2025: € 200,940 ▲ 10% vs 2024 (€ 182,360) Unchanged	▲ 10%
Retained profit	€ 290,214 Retained profit 2022: € 290,214 First fiscal year in the series	€ 283,947 Retained profit 2023: € 283,947 ▼ 2% vs 2022 (€ 290,214) Unfavourable step	€ 285,602 Retained profit 2024: € 285,602 ▲ 1% vs 2023 (€ 283,947) Favourable step	€ 298,501 Retained profit 2025: € 298,501 ▲ 5% vs 2024 (€ 285,602) Favourable step	▲ 5%
Dividend	€ 55,000 Dividend 2022: € 55,000 First fiscal year in the series	€ 60,000 Dividend 2023: € 60,000 ▲ 9% vs 2022 (€ 55,000) Unchanged	€ 60,000 Dividend 2024: € 60,000 Unchanged (€ 60,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 60,000) Unchanged	▼ 100%
Bank debt	€ 96,228 Bank debt 2022: € 96,228 First fiscal year in the series	€ 62,403 Bank debt 2023: € 62,403 ▼ 35% vs 2022 (€ 96,228) Favourable step	€ 112,666 Bank debt 2024: € 112,666 ▲ 81% vs 2023 (€ 62,403) Unfavourable step	€ 90,109 Bank debt 2025: € 90,109 ▼ 20% vs 2024 (€ 112,666) Favourable step	▼ 20%
Balance sheet total	€ 478,812 Balance sheet total 2022: € 478,812 First fiscal year in the series	€ 430,080 Balance sheet total 2023: € 430,080 ▼ 10% vs 2022 (€ 478,812) Unchanged	€ 507,031 Balance sheet total 2024: € 507,031 ▲ 18% vs 2023 (€ 430,080) Unchanged	€ 533,887 Balance sheet total 2025: € 533,887 ▲ 5% vs 2024 (€ 507,031) Unchanged	▲ 5%

Key figures of UPDATE ORTHOPAEDICS, 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 UPDATE ORTHOPAEDICS?

What happened at UPDATE ORTHOPAEDICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 29, 2026 New annual accounts for financial year 2025: profit of € 12,899 (▼ 79% vs 2024). filed late Source: NBB ↗
2023 Arnaud VERSCHUERE became a director. NBB
2023 Koen VERSCHUERE became a director. NBB
Oct 7, 1994 New establishment in Sint-Martens-Latem. KBO
Sep 23, 1994 Start of the company according to the CBE. KBO

In short

From € 17,609 profit in 2022 to € 12,899 profit in 2025.

Paid € 81,923 in corporate taxes since 2022.

Best year ever: 2024, with € 61,655 profit.

Paid out € 175,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Arnaud VERSCHUERE

Koen VERSCHUERE

UPDATE ORTHOPAEDICS

Update Orthopaedics Associates NV 50%

Behind UPDATE ORTHOPAEDICS are Arnaud VERSCHUERE and Koen VERSCHUERE. It owns 50% of Update Orthopaedics Associates NV itself.

Directors

According to the 2025 annual accounts

Arnaud VERSCHUERE

Director

since 2023

Koen VERSCHUERE

Director

Also active at: UPDATE ORTHOPAEDICS ASSOCIATES

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Nelemeersstraat 72

9830 Sint-Martens-Latem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

UPDATE ORTHOPAEDICS ASSOCIATES same network

€ 1.1 million gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0453.484.797

VAT number

BE 0453.484.797

Registered office

Nelemeersstraat 72, 9830 Sint-Martens-Latem

Names & denominations

UPDATE ORTHOPAEDICS · UDO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 September 1994

Peppol

Active · Active since 16 Sept 2026

Activities · NACE

Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen

Detailhandel in medische en orthopedische artikelen

Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗