Financials
Financial year 2025
ORTHOMAX from Sint-Martens-Latem, company number BE0865407175, closed financial year 2025 with a result of € 236,716 after tax. For that financial year ORTHOMAX recorded a gross margin of € 387,724 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 163,430 to € 236,716. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 1.4 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 236,716
▲ 45% vs 2024
Profit after tax over the fiscal year.
€ 871,532
▲ € 662,972 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 294,556 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 82,819
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 507
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,287
▲ € 59,846 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 | € 507,561 | € 380,988 | € 235,430 | € 387,724 | ▲ 65% |
| Profit after taxes | € 326,585 | € 259,859 | € 163,430 | € 236,716 | ▲ 45% |
| Equity | € 1,449,952 | € 1,508,105 | € 1,422,721 | € 1,364,880 | ▼ 4% |
| Total debts | € 201,296 | € 260,405 | € 249,751 | € 593,474 | ▲ 138% |
| Cash | € 1,637,200 | € 393,059 | € 208,560 | € 871,532 | ▲ € 662,972 |
| Retained profit | € 1,443,752 | € 1,501,905 | € 1,416,521 | € 1,358,680 | ▼ 4% |
| Dividend | € 0 | € 201,706 | € 248,814 | € 294,556 | ▲ 18% |
| Bank debt | € 36,313 | € 15,563 | € 0 | € 0 | |
| Balance sheet total | € 1,651,249 | € 1,768,511 | € 1,672,472 | € 1,958,354 | ▲ 17% |
Key figures of ORTHOMAX, 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 ORTHOMAX?
What happened at ORTHOMAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 236,716 (▲ 45% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Kristin Borghgraef became a director. NBB
In short
From € 326,585 profit in 2022 to € 236,716 profit in 2025.
Paid € 442,211 in corporate taxes since 2022.
Best year ever: 2022, with € 326,585 profit.
Paid out € 745,076 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
Directors
According to the 2025 annual accounts
Kristin Borghgraef
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Latemstraat 147
9830 Sint-Martens-Latem
Buitenring-Sint-Denijs 30
9000 Gent
Active since 21 May 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0865.407.175
- VAT number
- BE 0865.407.175
- Registered office
- Latemstraat 147, 9830 Sint-Martens-Latem
- Names & denominations
- ORTHOMAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 2004
- Peppol
- Active · Active since 27 Mar 2026