Equity
Equity fell by 86% in 6 years.
Equity fell by 86% in 6 years.
The result fell in 2025 from €1.3m to €752,616.
Of this, €1.2m falls due within a year.
In 2025, 12 people joined and 13 left.
Two of the last ten came late. The 2016 accounts came latest: 87 days after the end of the period.
Lower solvency than 86% of companies in human health. Sector median 57.8% · 784 companies.
The dashed line is the sector median: < 0.1% across 24,183 companies (NACE 86, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 86, micro). It does better than 13% of them on solvency, 13% on liquidity, 80% on profitability and 16% on growth.
The bankruptcy probability was computed on 07-11-2026 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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 1,325 companies had the same profile as Center for sight - Dr. E. Mertens has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Center for sight - Dr. E. Mertens itself is lower: 0.1% within 12 months. It rests on far more data about Center for sight - Dr. E. Mertens than the profile alone.
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 1,325 companies, not a prediction for Center for sight - Dr. E. Mertens. 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.
Liquidity is insufficient, with a current ratio of 0.48 (0.71 in 2024), below 1. Short-term debt is 82.7% and cash 31.9% of total assets. 91.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Center for sight - Dr. E. Mertens Antwerp | €1.4m | €1.8m | 8.2% | 9.2 |
| Dermatologie Kempenland Beerse | €1.9m | €1.0m | 1.3% | 10.8 |
| Drs. Lintermans - van Riet Antwerp | €1.2m | €1.0m | 25.6% | 10.2 |
| HAND 2 HAND Ghent | €1.4m | €1.1m | 33.6% | 7.7 |
| DERMPAT Ghent | €1.2m | €1.1m | 51.7% | 11.4 |
| Eqwal Stomacare Ghent | €2.7m | €1.4m | 45.5% | 7.6 |
| OPHTARA Brussels | €1.3m | €1.1m | 32.9% | 5.9 |
These companies have the same main activity as Center for sight - Dr. E. Mertens: specialist medical practice (NACE 86220). They are comparable in size and age: total assets between €1.2m and €2.7m, founded between 2006 and 2016.
Center for sight - Dr. E. Mertens has existed since 2014. The gross margin fell from €2.6m in 2015 to €1.2m in 2016, while staff rose from 7 to 10.3 full-time equivalents.
EQIRIS holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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