COBALT OPTICAL FRAMES
ActiveSummary
COBALT OPTICAL FRAMES has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €156,778 and a net result of €6,166. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 94% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73▼-6
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 9.29 against 6.47 in 2023; short-term debt: 10.2% and cash: 36.4% of total assets), and 10.2% of the assets are financed with debt.
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Signals
Five 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €156,778
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
37 d early
2022
38 d early
2021
39 d early
2020
11 d late
2019
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€156,778▲ 4.1%
2023 · €150,612
Total assets
€174,514▼ 3.3%
2023 · €180,532
Net result
€6,166▼ 58.7%
2023 · €14,943
Working capital
€147,036▲ 0.5%
2023 · €146,343
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€17,998€110,250▲ 513%€47,063▼ 57.3%€24,931▼ 47.0%€10,257▼ 58.9%
Net result€6,020within the sector's middle half€66,600within the sector's middle half▲ 1,006%-€196,675below the sector's middle half€14,943within the sector's middle half€6,166within the sector's middle half▼ 58.7%
Equity€265,744within the sector's middle half▲ 2.3%€332,344within the sector's middle half▲ 25.1%€135,670above the sector's middle half▼ 59.2%€150,612above the sector's middle half▲ 11.0%€156,778above the sector's middle half▲ 4.1%
Total assets€334,355below the sector's middle half▼ 11.6%€419,258below the sector's middle half▲ 25.4%€174,546within the sector's middle half▼ 58.4%€180,532within the sector's middle half▲ 3.4%€174,514within the sector's middle half▼ 3.3%
Debt€68,611▼ 42.2%€86,913▲ 26.7%€38,876▼ 55.3%€29,920▼ 23.0%€17,736▼ 40.7%
Working capital€295,370within the sector's middle half▲ 8.5%€85,818within the sector's middle half▼ 70.9%€140,585above the sector's middle half▲ 63.8%€146,343above the sector's middle half▲ 4.1%€147,036above the sector's middle half▲ 0.5%
Solvency79.5%above the sector's middle half▲ 10.8pp79.3%above the sector's middle half▼ 0.2pp77.7%above the sector's middle half▼ 1.5pp83.4%above the sector's middle half▲ 5.7pp89.8%above the sector's middle half▲ 6.4pp
Current ratio8.76above the sector's middle half▲ 5.172.32within the sector's middle half▼ 6.445.94above the sector's middle half▲ 3.626.47above the sector's middle half▲ 0.539.29above the sector's middle half▲ 2.82
Return on assets (ROA)1.8%within the sector's middle half▲ 4.6pp15.9%above the sector's middle half▲ 14.1pp-112.7%below the sector's middle half▼ 128.6pp8.3%within the sector's middle half▲ 121.0pp3.5%within the sector's middle half▼ 4.7pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 59% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €174,514
Fixed assets
€9,742 ▲ 31.3%
Current assets
€164,772 ▼ 4.8%
Equity and liabilities €174,514
Equity
€156,778 ▲ 4.1%
Debt
€17,736 ▼ 40.7%
Debt's share of the balance-sheet total falls from 16.6% to 10.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11,403▼
2023 · €25,738
Cash flow
€7,312▼
2023 · €15,750
Quick ratio
9.12▲
2023 · 6.28
Debt to equity
0.11▼
2023 · 0.20
ROE
3.9%▼
2023 · 9.9%
Interest coverage
12.56▼
2023 · 12.67
Debt ≤ 1 year
€17,736▼
2023 · €26,767
Debt > 1 year
€0▼
2023 · €3,152
Income taxes
€5,129▼
2023 · €9,905
Staff costs
€4,002▼
2023 · €5,166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €4,642 | €4,962 | €5,166 | €4,002 | ▼ 22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €218 | €218 | €925 | €807 | €1,146 | ▲ 42.0% |
| Other operating charges640/8 | - | €3,846 | €2,913 | €5,545 | €4,038 | ▼ 27.2% |
| Gross operating margin9900 | €28,928 | €118,955 | €55,864 | €36,450 | €19,443 | ▼ 46.7% |
| Operating profit (loss)9901 | €17,998 | €110,250 | €47,063 | €24,931 | €10,257 | ▼ 58.9% |
| Financial income75/76B | - | €0 | €5,116 | €1,948 | €1,945 | ▼ 0.1% |
| Recurring financial income75 | €1,516 | €0 | €5,116 | €1,948 | €1,945 | ▼ 0.1% |
| Financial charges65/66B | - | €5,183 | €234,111 | €2,031 | €908 | ▼ 55.3% |
| Recurring financial charges65 | €7,702 | €5,183 | €4,731 | €2,031 | €908 | ▼ 55.3% |
| Non-recurring financial charges66B | - | - | €229,380 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €11,812 | €105,067 | -€181,932 | €24,848 | €11,295 | ▼ 54.5% |
| Income taxes67/77 | €5,792 | €38,467 | €14,742 | €9,905 | €5,129 | ▼ 48.2% |
| Profit (loss) for the period9904 | €6,020 | €66,600 | -€196,675 | €14,943 | €6,166 | ▼ 58.7% |
| Profit (loss) for the period to be appropriated9905 | €6,020 | €66,600 | -€196,675 | €14,943 | €6,166 | ▼ 58.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €334,355 | €419,258 | €174,546 | €180,532 | €174,514 | ▼ 3.3% |
| Fixed assets21/28 | €935 | €268,318 | €5,479 | €7,422 | €9,742 | ▲ 31.3% |
| Tangible fixed assets22/27 | €435 | €4,818 | €4,979 | €6,922 | €9,242 | ▲ 33.5% |
| Furniture and vehicles24 | - | - | €839 | €591 | €343 | ▼ 41.9% |
| Other tangible fixed assets26 | - | €4,818 | €4,140 | €6,330 | €8,899 | ▲ 40.6% |
| Financial fixed assets28 | €500 | €263,500 | €500 | €500 | €500 | = |
| Current assets29/58 | €333,420 | €150,940 | €169,067 | €173,111 | €164,772 | ▼ 4.8% |
| Amounts receivable after more than one year29 | - | - | - | €65,000 | €65,000 | = |
| Trade receivables290 | - | - | - | €65,000 | €65,000 | = |
| Stocks and contracts in progress3 | €40,960 | €57,594 | €12,680 | €5,000 | €3,000 | ▼ 40.0% |
| Stocks30/36 | - | €55,094 | €12,680 | €5,000 | €3,000 | ▼ 40.0% |
| Contracts in progress37 | - | €2,500 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €254,535 | €44,515 | €93,437 | €41,043 | €31,575 | ▼ 23.1% |
| Trade receivables40 | - | €20,277 | €49,217 | €40,948 | €28,704 | ▼ 29.9% |
| Other amounts receivable41 | - | €24,238 | €44,219 | €95 | €2,871 | ▲ 2,929% |
| Cash at bank and in hand54/58 | €29,990 | €46,217 | €60,684 | €60,903 | €63,587 | ▲ 4.4% |
| Deferred charges and accrued income490/1 | - | €2,614 | €2,266 | €1,164 | €1,610 | ▲ 38.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €334,355 | €419,258 | €174,546 | €180,532 | €174,514 | ▼ 3.3% |
| Equity10/15 | €265,744 | €332,344 | €135,670 | €150,612 | €156,778 | ▲ 4.1% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €92,759 | €159,359 | €78,820 | €93,763 | €94,778 | ▲ 1.1% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | €153,159 | €72,620 | €87,563 | €88,578 | ▲ 1.2% |
| Profit (loss) carried forward14 | €110,986 | €110,986 | -€5,150 | -€5,150 | €0 | ▲ 100% |
| Amounts payable17/49 | €68,611 | €86,913 | €38,876 | €29,920 | €17,736 | ▼ 40.7% |
| Amounts payable after more than one year17 | €30,561 | €20,579 | €10,394 | €3,152 | €0 | ▼ 100% |
| Financial debts170/4 | - | €20,579 | €10,394 | €3,152 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €38,050 | €65,122 | €28,482 | €26,767 | €17,736 | ▼ 33.7% |
| Current portion of amounts payable after more than one year42 | - | €10,189 | €10,392 | €7,449 | €3,360 | ▼ 54.9% |
| Trade debts44 | €15,079 | €20,011 | €12,955 | €2,439 | €7,020 | ▲ 188% |
| Suppliers440/4 | - | €20,011 | €12,955 | €2,439 | €7,020 | ▲ 188% |
| Taxes, remuneration and social security45 | - | €15,846 | €5,134 | €2,393 | €1,891 | ▼ 21.0% |
| Taxes450/3 | - | €15,846 | €5,134 | €2,393 | €1,891 | ▼ 21.0% |
| Other amounts payable47/48 | - | €19,076 | €0 | €14,486 | €5,465 | ▼ 62.3% |
| Accrued charges and deferred income492/3 | - | €1,212 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,020 | €66,600 | -€196,675 | €14,943 | €6,166 | ▼ 58.7% |
| + Depreciation and write-downs630 | €218 | €218 | €925 | €807 | €1,146 | ▲ 42.0% |
| Operating cash flow (approximation) | €6,237 | €66,818 | -€195,749 | €15,750 | €7,312 | ▼ 53.6% |
| Investment in fixed assets (approximation) | - | -€267,601 | €261,913 | -€2,750 | -€3,467 | ▼ 26.1% |
| Change in cash | - | €16,227 | €14,466 | €220 | €2,684 | ▲ 1,122% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €14,943
Net result €14,943 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €150,612 ▲11%
Equity rises from €135,670 to €150,612.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€196,675
Net result drops to -€196,675, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 5.94
Current ratio from 2.32 to 5.94; short-term debt falls from €65,122 to €28,482.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €66,600 ▲1,006%
Operating result €110,250, net result €66,600, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
31-12
Financial
Back to profitnet €6,020
Net result €6,020 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 8.76
Current ratio from 3.59 to 8.76; short-term debt falls from €104,984 to €38,050.
Show earlier events
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are 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, Hamme (Vl.) · 1 establishment unit since 1998
Ground area
222 m²
Building footprint
117 m²
Volume, LiDAR
593 m³
Parcel 42452C0974/00P000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Zogge 39, 9220 Hamme (Vl.)
since 19982.060.705.612
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452C0974/00P000 | Flanders | 222 m² | 1 · 117 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2021 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2021 annual accounts of COBALT OPTICAL FRAMES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 1,733 companies in sector 47742 we hold annual accounts for 1,139. 980 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-01-1993
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
47530Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449197991
Also
9925:BE0449197991
Registered
02-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.