Christian PIRON OPTICIEN
ActiveChristian PIRON OPTICIEN has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €-15k. Equity is shrinking by ~16.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 55% of 4137 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency65▼-16
Growth22=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.61 against 2.19 in 2024; short-term debt: 58.2% and cash: 0.1% of total assets), but 59.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.4%
Return on assets
-38.1%
Age of the figures
9 mo
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 €-15k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-08-2026, 16 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
16 d late
2024
on the day
2023
1 d early
2022
31 d early
2021
26 d late
2020
31 d early
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€125k▼ 14.5%
2018 · €146k
2018: €146k
2018 → 2019
EBIT margin
19.1%▲ 22.3pp
2018 · -3.2%
2018: -3.2%
2018 → 2019
Net result
€-15k▼ 12.5%
2024 · €-13k
2018: €-4k
2019: €24k
2020: €13k
2021: €-3k
2022: €-16k
2023: €-14k
2024: €-13k
2018 → 2025
Working capital
€14k▼ 50.7%
2024 · €28k
2018: €36k
2019: €61k
2020: €73k
2021: €68k
2022: €52k
2023: €40k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€58k▼ 21.2%€44k▼ 23.5%€31k▼ 30.1%€16k▼ 48.5%
Operating result€-3k-€-16k▼ 423%€-13k▲ 15.5%€-12k▲ 7.7%€-14k▼ 12.7%
Net result€-3k-€-16k▼ 461%€-14k▲ 12.8%€-13k▲ 2.0%€-15k▼ 12.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €12k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€3k▼ 28.3%
Current assets
€37k▼ 29.0%
Equity and liabilities €39k
Equity
€16k▼ 48.5%
Debt
€23k▼ 4.4%
The debt ratio rises from 44.3% to 59.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-13k▼
2024 · €-11k
Cash flow
€-14k▼
2024 · €-12k
Solvency
40.4%▼
2024 · 55.7%
Current ratio
1.61▼
2024 · 2.19
Quick ratio
0.78▼
2024 · 1.19
Debt / equity
1.47▲
2024 · 0.79
ROE
-94.2%▼
2024 · -43.1%
ROA
-38.1%▼
2024 · -24.0%
Interest coverage
-13.93▼
2024 · -13.22
Debt
€23k▼
2024 · €25k
Debt ≤ 1 year
€23k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€55k€39k▼
Fixed assets21/28€4k€3k▼
Intangible fixed assets21€541€241▼
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23-€0
Furniture and vehicles24€113€0▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€620€620=
Current assets29/58€52k€37k▼
Stocks and contracts in progress3€24k€19k▼
Stocks30/36€24k€19k▼
Amounts receivable within one year40/41€28k€17k▼
Trade receivables40€4k€489▼
Other amounts receivable41€24k€17k▼
Cash at bank and in hand54/58€139€32▼
Deferred charges and accrued income490/1-€389
Equity and liabilities
Total equity and liabilities10/49€55k€39k▼
Equity10/15€31k€16k▼
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€40k€40k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€38k€38k=
Profit (loss) carried forward14€-28k€-43k▼
Amounts payable17/49€25k€23k▼
Amounts payable within one year42/48€24k€23k▼
Financial debts43€5k€5k▲
Credit institutions430/8€5k€5k▲
Trade debts44€17k€16k▼
Suppliers440/4€17k€16k▼
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€45€45=
Accrued charges and deferred income492/3€884€544▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€1k€111▼
Gross operating margin9900€-10k€-13k▼
Operating profit (loss)9901€-12k€-14k▼
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Financial charges65/66B€861€935▲
Recurring financial charges65€861€935▲
Profit (loss) for the period before taxes9903€-13k€-15k▼
Profit (loss) for the period9904€-13k€-15k▼
Profit (loss) for the period to be appropriated9905€-13k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-43k▼
Profit (loss) brought forward from the previous period14P€-15k€-28k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 16 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 27.79
Current ratio from 9.61 to 27.79; short-term debt falls from €8k to €3k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 1986
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Paul-Joseph-Carpay 194020 LiègeGround area
337 m²
Building footprint
267 m²
Volume, LiDAR
3,496 m³
Parcel 62809C0191/00W017, Wallonia · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Let Optique
since 19862.035.915.974
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62809C0191/00W017 | Wallonia | 337 m² | 1 · 267 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,729 companies in sector 47742 we hold annual accounts for 1,138. 625 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-06-1986
Fiscal year end31-12
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
52485
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.