Losses
-€40,053 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
A2V
Lifetime
10 annual accounts with figures on one time axispeak €300,670 (2020)
€230,673▲ 54.7%
lowest -€73,717 (2018)
-€31,718▼ €23,382
peak €45,157 (2023)
€5,104▼ 86.1%
€777,608▲ 13.0%
peak 1.8 FTE (2020)
-not published
Board1 name since 2015
1 directorGeorges Jordane
Documentsfilings and deeds
28-09-202659 days late
2025micro format
Gross margin from €149,068 to €230,673Loss of €31,718Equity from €36,821 to €5,104Investments €268,000Cash from €144,753 to €39,369
Key points
from the 2025 annual accountsDebts
€777,608 99% of the balance sheet
Financial debts 53%Suppliers 20%Taxes and wages 6%Other 21%
Of this, €375,484 falls due within a year.
Investments
€285,000 6.8 × depreciation
Green is investment, beige is depreciation.
Staff
6 employees on 31-12-2025
In 2025, 8 people joined and 7 left.
Liquidity
0.91 was 2.28 in 2024
Short-term debts rose from €223,008 to €375,484.
Position in the sector
-€31,718
Lower net result than 92% of companies in retail trade. Sector median €5,048 · 22,907 companies.
2025 accounts filed 59 days after the deadline
Checked score
53
Fair
Financially stronger than 20% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.6%▲ +0.1 percentage points vs 04-2025
06-2025: 0.5%▼ -0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.3 percentage points vs 07-2025
09-2025: 0.3%▼ -0.6 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.4%▲ +0.1 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.3%▼ -0.1 percentage points vs 04-2026lowest value
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.3 percentage points vs 07-2026
09-2026: 0.9%▲ +0.2 percentage points vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026highest value
11-2026: 0.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Last filed accounts filed 59 days late; 1 of the last 3 accounts late
Sector: Retail trade (NACE 47)
Equity €5,104 (0.7% of total assets)
lowers risk
Size: total assets €782,712
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 19% of them on solvency, 30% on liquidity, 23% on profitability and 7% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,037 companies had the same profile as A2V has now. Each dot stands for 3 companies, two years later.
93.7%
were still trading
2.9%
stopped another way
2.9%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of A2V itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,037 companies, not a prediction for A2V. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.91 (2.28 in 2024), below 1. Short-term debt is 48% and cash 5% of total assets. 99.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€31,718
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 22924 sector peers (2025).
NBB · sector comparisonPosition among 22924 sector peers
Solvency
better than 23%
← weakest
strongest →
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
59 days late
2024
28 days late
2023
30 days late
2022
30 days late
2021
29 days late
2020
30 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
GJ
Georges Jordane
Director, since 24-11-2015
Shares in 1 company, IMMOPTIC WAVRE
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0643584904
Incorporation
published on 26-11-2015 · Gazette deed
First establishment
Arts de Vue, Place Cardinal Mercier 3, Wavre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| A2V Wavre | €782,712 | €230,673 | 0.7% | - |
| OPTIQUE ENTREVUE Welkenraedt | €775,943 | €252,583 | 76.1% | - |
| Charlunettes Haacht | €840,138 | €266,209 | 20.4% | - |
| Optique Dussart Habay | €724,817 | €311,904 | 25.5% | 3 |
| FOCUS OPTIEK GAVERE Gavere | €614,710 | €186,620 | 61.2% | - |
| BEL OEIL OPTIQUE Beloeil | €610,623 | €183,931 | 60.7% | - |
| Mr. Boo Brasschaat | €590,235 | €203,412 | 72.4% | - |
These companies have the same main activity as A2V: retail sale of prescription glasses, lenses and sunglasses (NACE 47742). They are comparable in size and age: total assets between €590,000 and €840,000, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 24-11-2015Normal situation
- Activity
- Retail sale of prescription glasses, lenses and sunglassesNACE 47742
- Establishment unit
- 2.248.112.4811300 Wavre, since 24-11-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2025
Annual accounts 2025
- ≈ €700,000estimated
- €782,712▲ 8.0%
- Employeeson 31-12-2025
- 6▲ 20.0%
- Filing
- Filed on 28-09-2026
Insights on A2V
A2V files the micro format. That format states no turnover. The gross margin rose from €67,856 in 2016 to €230,673 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about A2V
- What is the company number of A2V?
- The company number of A2V is 0643.584.904. The VAT number is the same number with BE in front: BE 0643.584.904.
- Where is A2V based?
- The registered office is at Place Cardinal Mercier 3, 1300 Wavre.Company details
- What does A2V do?
- According to the KBO register, the main activity is retail sale of prescription glasses, lenses and sunglasses (NACE 47742).
- What is the legal form of A2V?
- A2V is a private limited company (pre-2019) (BVBA).
- When was A2V founded?
- A2V was founded on 24-11-2015.
- Is A2V still active?
- Yes, A2V is an active enterprise in the KBO register.
- How many employees does A2V have?
- A2V had an average of 5.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of A2V?
- The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €230,673 and 31 comparable companies (NACE 477). It probably lies between €490,000 and €1.3m.
- Is A2V profitable?
- In financial year 2025, A2V made a loss of €31,718.
- Where can I find the annual accounts of A2V?
- A2V filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of A2V due?
- A2V must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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