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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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ORTHOMEDICS from Wetteren, company number BE0473017530, closed financial year 2025 with a result of € 134,484 after tax. For that financial year ORTHOMEDICS recorded a gross margin of € 164,085 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 58,400 to € 134,484. 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 July 6, 2026.
€ 1.2 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 134,484
▲ 130% vs 2024
Profit after tax over the fiscal year.
€ 29,918
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.1 million.
People and assets in 2025
€ 33,350
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 223,273
▼ 27% vs 2024
€ 70,902 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 29
▼ € 61,888 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,646
▼ 29% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 239,701 | € 243,877 | € 163,453 | € 164,085 | |
| Profit after taxes | € 125,141 | € 149,085 | € 58,400 | € 134,484 | ▲ 130% |
| Equity | € 1,011,902 | € 1,007,987 | € 1,029,387 | € 1,163,871 | ▲ 13% |
| Total debts | € 474,167 | € 480,968 | € 489,413 | € 265,957 | ▼ 46% |
| Cash | € 93,528 | € 63,225 | € 72,846 | € 29,918 | ▼ 59% |
| Land & buildings | € 1,151,882 | € 1,106,196 | € 1,080,286 | € 1,035,536 | ▼ 4% |
| Retained profit | € 992,902 | € 988,987 | € 1,010,387 | € 1,144,871 | ▲ 13% |
| Dividend | € 0 | € 153,000 | € 37,000 | € 0 | ▼ 100% |
| Bank debt | € 417,224 | € 350,078 | € 304,082 | € 223,273 | ▼ 27% |
| Balance sheet total | € 1,486,069 | € 1,488,955 | € 1,518,800 | € 1,429,828 | ▼ 6% |
Key figures of ORTHOMEDICS, 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 ORTHOMEDICS?
What happened at ORTHOMEDICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 134,484 (▲ 130% vs 2024). Source: NBB ↗
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 125,141 profit in 2022 to € 134,484 profit in 2025.
Paid € 167,292 in corporate taxes since 2022.
Best year ever: 2023, with € 149,085 profit.
Paid out € 190,000 in dividends to the owners in total.
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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
Behind ORTHOMEDICS is Tim Braeckman . It owns 50% of Update orthopaedics associates itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Noordlaan 50
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.017.530
- VAT number
- BE 0473.017.530
- Registered office
- Noordlaan 50, 9230 Wetteren
- Names & denominations
- ORTHOMEDICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 2000
- Peppol
- Active · Active since 2 Aug 2025
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Groothandel in farmaceutische producten
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