What does ORTHORUN do?

ORTHORUN is registered with the CBE as active in: Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden. Private Limited, started on 8 June 2021, 4 establishments.

What is the address of ORTHORUN?

The registered office of ORTHORUN is located at Poortakkerstraat 7, 9051 Gent.

Is ORTHORUN still active?

Yes. According to the CBE (29 October 2026) ORTHORUN is active, legal situation “Normale toestand”, started on 8 June 2021.

Is ORTHORUN registered on Peppol?

Yes, ORTHORUN is registered on the Peppol network with ID 0208:0769433296.

What is the enterprise number of ORTHORUN?

The enterprise number of ORTHORUN is BE0769433296.

When was ORTHORUN founded?

ORTHORUN was founded on 8 June 2021.

Who are the directors of ORTHORUN?

According to the 2025 annual accounts, the directors of ORTHORUN are: SETO NV, Ebrahim HEJAZI.

Is ORTHORUN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 June 2021; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 4 establishments in the CBE.

How much profit did ORTHORUN make in 2025?

ORTHORUN posted a profit after taxes of € 134,983 in financial year 2025.

What is the revenue of ORTHORUN?

As a small company, ORTHORUN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 962,654.

How much does an employee at ORTHORUN earn?

The average wage cost per full-time employee at ORTHORUN was € 63,300 in 2025: staff costs of € 677,838 for 10.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ORTHORUN have?

According to the 2025 annual accounts, ORTHORUN has 10.7 full-time equivalents (FTE).

ORTHORUN (Private Limited) - Gent - BE0769433296

Dossier ORTHORUN, printed on 29 October 2026 from databakkes.be/en/0769433296/orthorun. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ORTHORUN from Gent, company number BE0769433296, closed financial year 2025 with a result of € 134,983 after tax. For that financial year ORTHORUN recorded a gross margin of € 962,654 and equity of € 129,157. Compared with financial year 2024, the result moved from € 143,018 to € 134,983. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.

What it is worth Healthy

€ 129,157

▼ 22% vs 2024

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

Profit Healthy

€ 134,983

▼ 6% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 43,907

▼ 40% vs 2024

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

Where the profit goes Pays out

€ 171,430 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

10.7

▲ 1.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 677,838

▲ 9% vs 2024

€ 63,300 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.

Vehicles and equipment

€ 179,897

▲ 97% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 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.

€ 344,204

▲ € 263,059 vs 2024

€ 43,657 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 356,001

▲ 40% vs 2024

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

Taxes and wages

€ 76,053

▼ 27% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 240,046 Gross margin 2022: € 240,046 First fiscal year in the series	€ 818,122 Gross margin 2023: € 818,122 ▲ 241% vs 2022 (€ 240,046) Favourable step	€ 884,905 Gross margin 2024: € 884,905 ▲ 8% vs 2023 (€ 818,122) Favourable step	€ 962,654 Gross margin 2025: € 962,654 ▲ 9% vs 2024 (€ 884,905) Favourable step	▲ 9%
Profit after taxes	€ 26,371 Profit after taxes 2022: € 26,371 First fiscal year in the series	€ 179,432 Profit after taxes 2023: € 179,432 ▲ € 153,061 vs 2022 (€ 26,371) Favourable step	€ 143,018 Profit after taxes 2024: € 143,018 ▼ 20% vs 2023 (€ 179,432) Unfavourable step	€ 134,983 Profit after taxes 2025: € 134,983 ▼ 6% vs 2024 (€ 143,018) Unfavourable step	▼ 6%
Equity	€ 134,582 Equity 2022: € 134,582 First fiscal year in the series	€ 254,014 Equity 2023: € 254,014 ▲ 89% vs 2022 (€ 134,582) Favourable step	€ 165,604 Equity 2024: € 165,604 ▼ 35% vs 2023 (€ 254,014) Unfavourable step	€ 129,157 Equity 2025: € 129,157 ▼ 22% vs 2024 (€ 165,604) Unfavourable step	▼ 22%
Total debts	€ 660,833 Total debts 2022: € 660,833 First fiscal year in the series	€ 534,707 Total debts 2023: € 534,707 ▼ 19% vs 2022 (€ 660,833) Favourable step	€ 670,711 Total debts 2024: € 670,711 ▲ 25% vs 2023 (€ 534,707) Unfavourable step	€ 999,116 Total debts 2025: € 999,116 ▲ 49% vs 2024 (€ 670,711) Unfavourable step	▲ 49%
Cash	€ 97,302 Cash 2022: € 97,302 First fiscal year in the series	€ 62,549 Cash 2023: € 62,549 ▼ 36% vs 2022 (€ 97,302) Unfavourable step	€ 72,972 Cash 2024: € 72,972 ▲ 17% vs 2023 (€ 62,549) Favourable step	€ 43,907 Cash 2025: € 43,907 ▼ 40% vs 2024 (€ 72,972) Unfavourable step	▼ 40%
Retained profit	€ 115,982 Retained profit 2022: € 115,982 First fiscal year in the series	€ 235,414 Retained profit 2023: € 235,414 ▲ 103% vs 2022 (€ 115,982) Favourable step	€ 147,004 Retained profit 2024: € 147,004 ▼ 38% vs 2023 (€ 235,414) Unfavourable step	€ 110,557 Retained profit 2025: € 110,557 ▼ 25% vs 2024 (€ 147,004) Unfavourable step	▼ 25%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 60,000 Dividend 2023: € 60,000 Unchanged (€ 0) Unchanged	€ 231,429 Dividend 2024: € 231,429 ▲ 286% vs 2023 (€ 60,000) Unchanged	€ 171,430 Dividend 2025: € 171,430 ▼ 26% vs 2024 (€ 231,429) Unchanged	▼ 26%
Bank debt	€ 34,409 Bank debt 2022: € 34,409 First fiscal year in the series	€ 106,112 Bank debt 2023: € 106,112 ▲ 208% vs 2022 (€ 34,409) Unfavourable step	€ 81,144 Bank debt 2024: € 81,144 ▼ 24% vs 2023 (€ 106,112) Favourable step	€ 344,204 Bank debt 2025: € 344,204 ▲ € 263,059 vs 2024 (€ 81,144) Unfavourable step	▲ € 263,059
Balance sheet total	€ 795,416 Balance sheet total 2022: € 795,416 First fiscal year in the series	€ 788,722 Balance sheet total 2023: € 788,722 ▼ 1% vs 2022 (€ 795,416) Unchanged	€ 836,315 Balance sheet total 2024: € 836,315 ▲ 6% vs 2023 (€ 788,722) Unchanged	€ 1,128,274 Balance sheet total 2025: € 1,128,274 ▲ 35% vs 2024 (€ 836,315) Unchanged	▲ 35%
Employees (FTE)	-	6.8 Employees (FTE) 2023: 6.8 First fiscal year in the series	9.4 Employees (FTE) 2024: 9.4 ▲ 2.6 vs 2023 (6.8) Unchanged	10.7 Employees (FTE) 2025: 10.7 ▲ 1.3 vs 2024 (9.4) Unchanged	▲ 1.3

Key figures of ORTHORUN, 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 ORTHORUN?

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

Jul 9, 2026 New annual accounts for financial year 2025: profit of € 134,983 (▼ 6% vs 2024). Source: NBB ↗
Jun 23, 2025 New establishment in Gent. KBO
Jul 15, 2022 New establishment in Brugge. KBO
Jul 1, 2022 New establishment in Gent. KBO
Jun 8, 2021 New establishment in Merelbeke-Melle. KBO
Jun 8, 2021 Start of the company according to the CBE. KBO

In short

From € 26,371 profit in 2022 to € 134,983 profit in 2025.

Paid € 179,689 in corporate taxes since 2022.

Best year ever: 2023, with € 179,432 profit.

On average € 90,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

SETO NV Ebrahim HEJAZI

HOX Orthopedie

ORTHORUN

Behind ORTHORUN are SETO NV and Ebrahim HEJAZI. SETO NV is also behind HOX Orthopedie.

Directors

According to the 2025 annual accounts

SETO NV

Director · represented by Sébastien VAN HOORDE

Also active at: HOX Orthopedie

Ebrahim HEJAZI

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Poortakkerstraat 7

9051 Gent

2.318.974.446

Gontrode Heirweg 306

9090 Merelbeke-Melle

Active since 8 June 2021

2.339.358.106

Koning Albert I-laan 144

8200 Brugge

Active since 15 July 2022

2.339.358.205

Ottergemsesteenweg-Zuid 731

9000 Gent

Active since 1 July 2022

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 →

HOX Orthopedie same network

€ 1.5 million gross margin · 2025

Greyton

€ 136,101 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: 0769.433.296
VAT number: BE 0769.433.296
Registered office: Poortakkerstraat 7, 9051 Gent
Names & denominations: ORTHORUN
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 8 June 2021
Peppol: Active · Active since 24 Sept 2025
Activities · NACE: Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden

View on CBE Public ↗ Annual accounts (NBB) ↗