Financials
Financial year 2025
ORTHO LATEM from Sint-Martens-Latem, company number BE0458361424, closed financial year 2025 with a result of € 220,197 after tax. For that financial year ORTHO LATEM recorded a gross margin of € 499,354 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 201,574 to € 220,197. Profitable, and profit is growing. 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 29, 2026.
€ 1.1 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 220,197
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 587,585
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 113,205 paid out
51 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 90,549
▲ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 141,234
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 57,375
▼ 26% vs 2024
€ 20,250 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 42,323
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,763
▲ 192% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 485,377 | € 545,956 | € 468,425 | € 499,354 | ▲ 7% |
| Profit after taxes | € 185,424 | € 270,820 | € 201,574 | € 220,197 | ▲ 9% |
| Equity | € 735,498 | € 966,319 | € 987,197 | € 1,094,190 | ▲ 11% |
| Total debts | € 295,124 | € 286,387 | € 223,725 | € 253,223 | ▲ 13% |
| Cash | € 318,989 | € 372,392 | € 283,918 | € 587,585 | ▲ 107% |
| Land & buildings | € 326,159 | € 319,487 | € 352,591 | € 327,092 | ▼ 7% |
| Retained profit | € 673,498 | € 904,319 | € 925,197 | € 1,032,190 | ▲ 12% |
| Dividend | € 96,420 | € 40,000 | € 180,696 | € 113,205 | ▼ 37% |
| Bank debt | € 118,125 | € 97,875 | € 77,625 | € 57,375 | ▼ 26% |
| Balance sheet total | € 1,030,622 | € 1,252,706 | € 1,210,922 | € 1,347,413 | ▲ 11% |
Key figures of ORTHO LATEM, 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 ORTHO LATEM?
What happened at ORTHO LATEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 220,197 (▲ 9% vs 2024). Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 185,424 profit in 2022 to € 220,197 profit in 2025.
Paid € 403,188 in corporate taxes since 2022.
Best year ever: 2023, with € 270,820 profit.
Paid out € 430,320 in dividends to the owners in total.
Management
Behind ORTHO LATEM is Margareta MICHIELS. It owns 20% of ORTHOPOINT.GROUP BV itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Latemstraat 113
9830 Sint-Martens-Latem
Kortrijksesteenweg 127
9830 Sint-Martens-Latem
Active since 23 December 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.361.424
- VAT number
- BE 0458.361.424
- Registered office
- Latemstraat 113, 9830 Sint-Martens-Latem
- Names & denominations
- ORTHO LATEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1996
- Peppol
- Active · Active since 17 Jul 2026
- Activities · NACE
Activiteiten van tandartspraktijken
Overige zakelijke dienstverlening, neg