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 6.8 to 5.7.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
Gestec Orthopédie from Namur, company number BE0825978457, closed financial year 2025 with a result of € 267,587 after tax. For that financial year Gestec Orthopédie recorded a gross margin of € 801,380 and equity of € 1 million. Compared with financial year 2024, the result moved from € 121,739 to € 267,587. 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 September 22, 2026.
€ 1 million
▲ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 267,587
▲ 120% vs 2024
Profit after tax over the fiscal year.
€ 458,480
▲ 76% 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 million.
People and assets in 2025
5.7
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 320,449
▼ 26% vs 2024
€ 56,200 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.
€ 25,609
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 322,865
▼ 43% vs 2024
€ 60,432 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 75,436
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 144,442
▲ 150% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 582,553 | € 513,637 | € 711,987 | € 801,380 | ▲ 13% |
| Profit after taxes | € 107,139 | € 13,587 | € 121,739 | € 267,587 | ▲ 120% |
| Equity | € 623,448 | € 637,035 | € 758,774 | € 1,026,361 | ▲ 35% |
| Total debts | € 500,648 | € 469,386 | € 674,154 | € 543,716 | ▼ 19% |
| Cash | € 182,049 | € 188,796 | € 260,459 | € 458,480 | ▲ 76% |
| Land & buildings | € 315,874 | € 298,389 | € 552,124 | € 479,196 | ▼ 13% |
| Retained profit | € 604,848 | € 618,435 | € 740,174 | € 1,007,761 | ▲ 36% |
| Bank debt | € 372,575 | € 331,426 | € 565,407 | € 322,865 | ▼ 43% |
| Balance sheet total | € 1,124,096 | € 1,106,421 | € 1,432,928 | € 1,570,077 | ▲ 10% |
| Employees (FTE) | 6.9 | 6.8 | 6.6 | 5.7 | ▼ 0.9 |
Key figures of Gestec Orthopédie, 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 Gestec Orthopédie?
What happened at Gestec Orthopédie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- GTO ORTHOPEDIE became a director. NBB
- New establishment in Fernelmont. KBO
- New establishment in Waremme. KBO
- New establishment in Andenne. KBO
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 107,139 profit in 2022 to € 267,587 profit in 2025.
Paid € 158,888 in corporate taxes since 2022.
Best year ever: 2025, with € 267,587 profit.
On average € 140,600 of value added per employee in 2025.
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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 Gestec Orthopédie is GTO ORTHOPEDIE.
Directors
According to the 2025 annual accounts
Director · represented by Michaël Godfroid
since 2026
Establishments
Establishment units
Physical locations of this company
Rue Louis Albert(CH) 13
5020 Namur
Avenue de Belle-Mine 20B
5300 Andenne
Active since 9 April 2015
Rue de Leuze, Til. 37A
5380 Fernelmont
Active since 1 January 2019
Rue Edmond de Sélys-Longchamps 78
4300 Waremme
Active since 1 January 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0825.978.457
- VAT number
- BE 0825.978.457
- Registered office
- Rue Louis Albert(CH) 13, 5020 Namur
- Names & denominations
- Gestec Orthopédie
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 2010
- Peppol
- Active · Active since 3 Jul 2026
- Activities · NACE
Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden
Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren