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 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HENDA ORTHO from Oudergem, company number BE0731937056, closed financial year 2025 with a result of € -87,471 after tax. For that financial year HENDA ORTHO recorded a gross margin of € 51,566 and equity of € 14,624. Compared with financial year 2024, the result moved from € 58,584 to € -87,471. The company made a loss. The buffer shrank hard: equity is 86 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2026.
€ 14,624
▼ 86% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -87,471
▼ still € 58,584 profit in 2024
Profit after tax over the fiscal year.
€ 8,483
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 12,124.
People and assets in 2025
€ 73,961
▲ 56% 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.
€ 19,512
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 483,666
▼ 9% vs 2024
€ 28,767 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 10,567
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,801
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 142,701 | € 144,283 | € 192,290 | € 51,566 | ▼ 73% |
| Profit after taxes | € 73,273 | € 11,765 | € 58,584 | € -87,471 | ▼ € 146,055 |
| Equity | € 281,747 | € 293,512 | € 102,096 | € 14,624 | ▼ 86% |
| Total debts | € 137,157 | € 452,220 | € 628,685 | € 546,452 | ▼ 13% |
| Cash | € 210,795 | € 109,517 | € 40,219 | € 8,483 | ▼ 79% |
| Land & buildings | - | € 392,338 | € 489,027 | € 470,907 | ▼ 4% |
| Retained profit | € 279,247 | € 291,012 | € 99,596 | € 12,124 | ▼ 88% |
| Dividend | € 0 | € 0 | € 250,000 | € 0 | ▼ 100% |
| Bank debt | € 54,369 | € 433,199 | € 530,326 | € 483,666 | ▼ 9% |
| Balance sheet total | € 418,904 | € 745,731 | € 730,780 | € 561,076 | ▼ 23% |
Key figures of HENDA ORTHO, 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 HENDA ORTHO?
What happened at HENDA ORTHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 87,471 (▼ € 146,055 vs 2024). filed late Source: NBB ↗
- New establishment in Oudergem. KBO
- New establishment in Brussel. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Brussel. KBO
- New establishment in Anderlecht. KBO
- Ahmed KCHAOU became a director. NBB
In short
From € 73,273 profit in 2022 to € 87,471 loss in 2025.
Paid € 49,682 in corporate taxes since 2022.
Best year ever: 2022, with € 73,273 profit.
Paid out € 250,000 in dividends to the owners in total.
Management
Behind HENDA ORTHO is Ahmed KCHAOU.
Directors
According to the 2025 annual accounts
Ahmed KCHAOU
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Vorstlaan 242-244
1160 Oudergem
Maurice Lemonnierlaan 217
1000 Brussel
Active since 7 August 2019
Van Lintstraat 87
1070 Anderlecht
Active since 7 August 2019
Araucarialaan 79
1020 Brussel
Active since 1 April 2023
Vorstlaan 242
1160 Oudergem
Active since 10 December 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- KCHAOU Ahmed(oprichter) 100%
Details
- Company number
- 0731.937.056
- VAT number
- BE 0731.937.056
- Registered office
- Vorstlaan 242-244, 1160 Oudergem
- Names & denominations
- HENDA ORTHO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 August 2019
- Peppol
- Active · Active since 29 May 2026
- Contact
- [email protected] +32493141237
- Activities · NACE
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