Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 6.7 to 5.8.
Financials
Financial year 2026
HOX Orthopedie from Gent, company number BE0464230320, closed financial year 2026 with a result of € 49,243 after tax. For that financial year HOX Orthopedie recorded a gross margin of € 877,223 and equity of € 1.3 million. Compared with financial year 2025, the result moved from € 542,617 to € 49,243. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2026.
€ 1.3 million
▲ 4% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,243
▼ 91% vs 2025
Profit after tax over the fiscal year.
€ 266,807
▼ 23% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 1.3 million.
People and assets in 2026
5.8
▼ 0.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 409,151
▼ 7% vs 2025
€ 70,500 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.
€ 295,476
▼ 7% vs 2025
Of which on lease € 160,767.
Debts at end 2026
€ 1.4 million
▲ 142% vs 2025
€ 586,584 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.3 million
▲ 3% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 39,194
▲ 4% vs 2025
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,752,811 | € 1,773,057 | € 1,466,448 | € 877,223 | ▼ 40% |
| Profit after taxes | € 866,221 | € 728,451 | € 542,617 | € 49,243 | ▼ 91% |
| Equity | € 900,844 | € 929,296 | € 1,281,912 | € 1,331,155 | ▲ 4% |
| Total debts | € 3,382,703 | € 3,089,768 | € 2,248,738 | € 3,046,491 | ▲ 35% |
| Cash | € 491,696 | € 107,866 | € 345,483 | € 266,807 | ▼ 23% |
| Retained profit | € 882,094 | € 910,546 | € 1,263,162 | € 1,312,405 | ▲ 4% |
| Dividend | € 700,000 | € 700,000 | € 190,000 | € 0 | ▼ 100% |
| Bank debt | € 988,740 | € 1,154,462 | € 590,409 | € 1,429,332 | ▲ 142% |
| Balance sheet total | € 4,283,547 | € 4,019,064 | € 3,530,650 | € 4,377,646 | ▲ 24% |
| Employees (FTE) | 7.3 | 6.7 | 6.1 | 5.8 | ▼ 0.3 |
Key figures of HOX Orthopedie, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to HOX Orthopedie?
What happened at HOX Orthopedie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 49,243 (▼ 91% vs 2025). Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 866,221 profit in 2023 to € 49,243 profit in 2026.
Paid € 475,230 in corporate taxes since 2023.
Best year ever: 2023, with € 866,221 profit.
On average € 151,200 of value added per employee in 2026.
Management
The stake of SETO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HOX OrthopedieBehind HOX Orthopedie are ORIM BV, SETO NV and IMOPTIK BV. The shares are held by SETO.
Directors
According to the 2026 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Poortakkerstraat 7
9051 Gent
Ottergemsesteenweg-Zuid 731
9000 Gent
Active since 12 October 1998
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
- 0464.230.320
- VAT number
- BE 0464.230.320
- Registered office
- Poortakkerstraat 7, 9051 Gent
- Names & denominations
- HOX Orthopedie · HOX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1998
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden
Vervaardiging van orthopedische artikelen en prothesen
Groothandel in farmaceutische en medische artikelen
Groothandel in farmaceutische producten