F.H. OPTICS
ActiveF.H. OPTICS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.25M and a net result of €385k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+20
Solvency90▲+12
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 3.24 against 2.22 in 2024; short-term debt: 18.7% and cash: 4.7% of total assets), and 34.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.3%
Return on assets
20.1%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
11 d late
2019
53 d late
← 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, abbreviated schema
Equity
€1.25M▲ 39.2%
2024 · €900k
2018: €420k
2019: €468k
2020: €640k
2021: €754k
2022: €803k
2023: €824k
2024: €900k
2018 → 2025
Total assets
€1.92M▲ 13.1%
2024 · €1.70M
2018: €1.60M
2019: €1.68M
2020: €1.73M
2021: €1.70M
2022: €1.67M
2023: €1.90M
2024: €1.70M
2018 → 2025
Net result
€385k▲ 403%
2024 · €77k
2018: €95k
2019: €49k
2020: €178k
2021: €115k
2022: €50k
2023: €22k
2024: €77k
2018 → 2025
Working capital
€802k▲ 69.4%
2024 · €474k
2018: €350k
2019: €273k
2020: €424k
2021: €500k
2022: €483k
2023: €656k
2024: €474k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€754k-€803k▲ 6.5%€824k▲ 2.7%€900k▲ 9.3%€1.25M▲ 39.2%
Operating result€191k-€96k▼ 49.7%€58k▼ 39.5%€125k▲ 115%€248k▲ 98.1%
Net result€115k-€50k▼ 56.6%€22k▼ 55.6%€77k▲ 247%€385k▲ 403%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 98% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.92M
Fixed assets
€759k▼ 9.2%
Current assets
€1.16M▲ 34.7%
Equity and liabilities €1.92M
Equity
€1.25M▲ 39.2%
Debt
€665k▼ 16.5%
The debt ratio falls from 46.9% to 34.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€360k▲
2024 · €230k
Cash flow
€497k▲
2024 · €181k
Solvency
65.3%▲
2024 · 53.1%
Current ratio
3.24▲
2024 · 2.22
Quick ratio
2.04▲
2024 · 1.17
Debt / equity
0.53▼
2024 · 0.88
ROE
30.7%▲
2024 · 8.5%
ROA
20.1%▲
2024 · 4.5%
Interest coverage
15.75▲
2024 · 9.29
Debt
€665k▼
2024 · €797k
Debt ≤ 1 year
€358k▼
2024 · €387k
Debt > 1 year
€293k▼
2024 · €404k
Income taxes
€98k▲
2024 · €32k
Staff costs
€543k▼
2024 · €588k
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€1.70M€1.92M▲
Fixed assets21/28€836k€759k▼
Intangible fixed assets21€6k€3k▼
Tangible fixed assets22/27€431k€357k▼
Land and buildings22€362k€281k▼
Plant, machinery and equipment23€59k€42k▼
Furniture and vehicles24€10k€34k▲
Financial fixed assets28€398k€398k=
Current assets29/58€861k€1.16M▲
Stocks and contracts in progress3€408k€429k▲
Stocks30/36€408k€429k▲
Amounts receivable within one year40/41€301k€614k▲
Trade receivables40€83k€74k▼
Other amounts receivable41€218k€540k▲
Cash at bank and in hand54/58€141k€91k▼
Deferred charges and accrued income490/1€12k€27k▲
Equity and liabilities
Total equity and liabilities10/49€1.70M€1.92M▲
Equity10/15€900k€1.25M▲
Contributions10/11€45k€45k=
Reserves13€855k€1.21M▲
Distributable reserves133€855k€1.21M▲
Amounts payable17/49€797k€665k▼
Amounts payable after more than one year17€404k€293k▼
Financial debts170/4€404k€293k▼
Amounts payable within one year42/48€387k€358k▼
Current portion of amounts payable after more than one year42€77k€78k▲
Trade debts44€124k€91k▼
Suppliers440/4€124k€91k▼
Taxes, remuneration and social security45€162k€147k▼
Taxes450/3€56k€82k▲
Remuneration and social security454/9€106k€65k▼
Other amounts payable47/48€23k€42k▲
Accrued charges and deferred income492/3€5k€14k▲
Income statement
Code20242025
Remuneration, social security and pensions62€588k€543k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€112k▲
Other operating charges640/8€19k€24k▲
Gross operating margin9900€837k€926k▲
Operating profit (loss)9901€125k€248k▲
Financial income75/76B€8k€258k▲
Recurring financial income75€8k€258k▲
Financial charges65/66B€25k€23k▼
Recurring financial charges65€25k€23k▼
Profit (loss) for the period before taxes9903€108k€483k▲
Income taxes67/77€32k€98k▲
Profit (loss) for the period9904€77k€385k▲
Profit (loss) for the period to be appropriated9905€77k€385k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€385k▲
Transfer from equity791/2-€32k
Transfer to equity691/2€77k€385k▲
To other reserves6921€77k€385k▲
Profit to be distributed694/7-€32k
Return on contributions (dividend)694-€32k
Social balance
Average headcount (FTE)90879.08.0▼
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €385k ▲403%
Net result €385k, the highest in the series.
31-12
Financial
Equity above €1MEq €1.25M ▲39.2%
8 profitable years in a row build equity to €1.25M.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €22k ▼55.6%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
31-12
Financial
Equity above €500kEq €640k ▲36.7%
3 profitable years in a row build equity to €640k.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 43 days late
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brugge · 4 establishment units since 2006
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.
Canadastraat 218200 BruggeGround area
1,663 m²
Building footprint
984 m²
Volume, LiDAR
7,179 m³
5 parcels, Flanders · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
4 establishment units
F. H. OPTICS / OPTIEK ENGELEN
since 20062.150.668.261
F.H. OPTICS /OPTIEK DEHENAU
since 20072.163.871.347
F.H. OPTICS / OPTIEK HOET
since 20082.166.997.519
F. H. OPTICS / OPTIEK DEVLOO
since 20172.264.230.913
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31030A0069/00L007 | Flanders | 889 m² | 1 · 279 m² | 11.3 m · 2 fl. |
| 23072E0252/00T000 | Flanders | 261 m² | 1 · 261 m² | 10.8 m · 2 fl. |
| 11030A0433/03V003 | Flanders | 208 m² | 1 · 208 m² | 11.1 m · 3 fl. |
| 38502E0140/00_000 | Flanders | 173 m² | 1 · 141 m² | 13.5 m · 2 fl. |
| 44032A0032/00M000 | Flanders | 132 m² | 1 · 95 m² | 12.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
KALO
BE 0479.380.730
Aalter · Eq €1.25M
OPTIEK DUMONT STEVEN
BE 0446.587.505
Brugge · Eq €1.26M
LE COIN DE L'OPTIQUE
BE 0809.769.757
Lasne · Eq €1.24M
Oog en Oor Coenen
BE 0477.362.041
Alken · Eq €1.23M
EYE DESIGNERS
BE 0468.245.823
Knokke-Heist · Eq €1.28M
Of 1,729 companies in sector 47742 we hold annual accounts for 1,138. 558 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2005
Fiscal year end31-12
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
52485
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.