About Update Orthopaedics Associates
Update Orthopaedics Associates is a public limited company (NV/SA) based in Sint-Martens-Latem, founded in 2002. Its main activity is classified as "Groothandel in farmaceutische en medische artikelen". For the 2025 financial year, Update Orthopaedics Associates reported a profit of €73,833. A year earlier, in 2024, it still made a loss of €8,175. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €1.1 million, up 30% on 2024. It employed an average of 8.7 full-time equivalents. Equity stands at €898,258, a solvency ratio of 53%. In 2006 it was €361,688. 20 annual accounts are available, covering 2006 to 2025.
- Sectors
- Wholesalers
- Signals
-
ProfitableProfitable € 74K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 898KStrong equity provides a buffer against setbacks.
Low riskLow risk 53.0%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 2.16A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 122KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 178KPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 11.3%Social debts stay manageable relative to personnel costs.
- Shareholders
- Update Orthopaedics 50%, Orthomedics 50%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
1.07M
|
€
823K
|
€
788K
|
€
719K
|
|
|
€
178K
|
€
58K
|
€
87K
|
€
157K
|
|
|
€
74K
|
€
-8K
|
€
41K
|
€
109K
|
|
|
€
898K
|
€
970K
|
€
978K
|
€
937K
|
|
|
52.98%
|
55.91%
|
61.11%
|
59.97%
|
|
|
€
797K
|
€
765K
|
€
622K
|
€
625K
|
|
|
€
363K
|
€
270K
|
€
172K
|
€
179K
|
|
|
8.70
|
8.70
|
9.70
|
8.80
|
Publications 19
All publications- Diversen 29/12/2023
- Ontslagen - Benoemingen 24/02/2021
- Me. - Jaarrekening 31.12.2015, Ggk 30.06.2016, Ngl 29.08.2016 16495-0127-015 31/08/2016
- Me. - Jaarrekening 31.12.2014, Ggk 30.06.2015, Ngl 30.08.2015 15508-0096-016 01/09/2015
- Ontslagen - Benoemingen 15/01/2015
Frequently asked questions
Answers to the most common questions about Update Orthopaedics Associates, based on official government data and the filed annual accounts.
What is the VAT number of Update Orthopaedics Associates?
The VAT number of Update Orthopaedics Associates is BE0476.874.269.
How many employees work at Update Orthopaedics Associates?
In 2025, Update Orthopaedics Associates employed 8.70 full-time equivalents (FTE).
When was Update Orthopaedics Associates established?
Update Orthopaedics Associates was founded in 14-02-2002.
What is the official address of Update Orthopaedics Associates?
The official address of Update Orthopaedics Associates is Nelemeersstraat 72 Sint-Martens-Latem 9830.
What is the legal form of Update Orthopaedics Associates?
The juridical form of Update Orthopaedics Associates is Public limited company (NV/SA).
What is the annual revenue of Update Orthopaedics Associates?
The 2025 accounts of Update Orthopaedics Associates do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Update Orthopaedics Associates a reliable company?
Update Orthopaedics Associates is a registered Rechtspersoon with company number 0476.874.269 and can be verified through the official CBE database.
What is the credit limit of Update Orthopaedics Associates?
The estimated credit limit of Update Orthopaedics Associates is €217,362.
Is Update Orthopaedics Associates still active?
Update Orthopaedics Associates currently has the status "Normal situation" and is active.