G OPTIC
ActiveSummary
The computed 12-month bankruptcy probability of G OPTIC is 3.0% (moderate). The 2024 annual accounts show equity of €79k and a net result of €23k. Equity is growing by ~42.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability81▼-5
Solvency60▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.62 in 2023; short-term debt: 40.9% and cash: 14.6% of total assets), but 65.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 →
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 2024Solvency, return and age of the figures
Solvency
34.5%
Return on assets
10%
Age of the figures
21 mo
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 20-06-2025, 41 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
42 d early
2022
49 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€79k▲ 40.7%
2023 · €56k
2022: €31klowest in 3 years
2023: €56k▲ +80.9% vs 2022
2024: €79k▲ +40.7% vs 2023highest in 3 years
2022 → 2024
Total assets
€228k▲ 24.4%
2023 · €183k
2022: €146klowest in 3 years
2023: €183k▲ +25.7% vs 2022
2024: €228k▲ +24.4% vs 2023highest in 3 years
2022 → 2024
Net result
€23k▼ 9.0%
2023 · €25k
2022: €11klowest in 3 years
2023: €25k▲ +130% vs 2022highest in 3 years
2024: €23k▼ -9.0% vs 2023
2022 → 2024
Working capital
€55k▲ 14.9%
2023 · €48k
2022: €33klowest in 3 years
2023: €48k▲ +45.4% vs 2022
2024: €55k▲ +14.9% vs 2023highest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€31k-€56k▲ 80.9%€79k▲ 40.7%
2022: €31klowest in 3 years
2023: €56k▲ +80.9% vs 2022
2024: €79k▲ +40.7% vs 2023highest in 3 years
Operating result€12k-€34k▲ 180%€34k▲ 0.3%
2022: €12klowest in 3 years
2023: €34k▲ +180% vs 2022
2024: €34k▲ +0.3% vs 2023highest in 3 years
Net result€11k-€25k▲ 130%€23k▼ 9.0%
2022: €11klowest in 3 years
2023: €25k▲ +130% vs 2022highest in 3 years
2024: €23k▼ -9.0% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 0% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €228k
Fixed assets
€80k ▲ 35.0%
Current assets
€148k ▲ 19.3%
Equity and liabilities €228k
Equity
€79k ▲ 40.7%
Debt
€149k ▲ 17.2%
Debt's share of the balance-sheet total falls from 69.5% to 65.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55k▲
2023 · €52k
Cash flow
€44k▲
2023 · €42k
Current ratio
1.59▼
2023 · 1.62
Quick ratio
0.50▲
2023 · 0.48
Debt to equity
1.90▼
2023 · 2.28
ROE
28.9%▼
2023 · 44.7%
ROA
10.0%▼
2023 · 13.6%
Interest coverage
13.43▼
2023 · 31.03
Debt ≤ 1 year
€93k▲
2023 · €76k
Debt > 1 year
€56k▲
2023 · €51k
Income taxes
€8k▼
2023 · €8k
Staff costs
€7k▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€183k€228k▲
Formation expenses20€0€0=
Fixed assets21/28€59k€80k▲
Tangible fixed assets22/27€59k€79k▲
Plant, machinery and equipment23€15k€11k▼
Furniture and vehicles24€39k€64k▲
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28-€500
Current assets29/58€124k€148k▲
Stocks and contracts in progress3€87k€102k▲
Stocks30/36€87k€102k▲
Amounts receivable within one year40/41€2k€10k▲
Trade receivables40€2k€8k▲
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€34k€33k▼
Deferred charges and accrued income490/1€858€3k▲
Equity and liabilities
Total equity and liabilities10/49€183k€228k▲
Equity10/15€56k€79k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€36k€59k▲
Amounts payable17/49€127k€149k▲
Amounts payable after more than one year17€51k€56k▲
Financial debts170/4€51k€56k▲
Amounts payable within one year42/48€76k€93k▲
Current portion of amounts payable after more than one year42€13k€18k▲
Financial debts43-€95
Credit institutions430/8-€95
Trade debts44€12k€23k▲
Suppliers440/4€12k€23k▲
Taxes, remuneration and social security45€19k€22k▲
Taxes450/3€17k€17k▲
Remuneration and social security454/9€2k€5k▲
Other amounts payable47/48€33k€31k▼
Accrued charges and deferred income492/3-€0
Income statement
Code20232024
Remuneration, social security and pensions62€0€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€21k▲
Other operating charges640/8€703€4k▲
Gross operating margin9900€53k€66k▲
Operating profit (loss)9901€34k€34k▲
Financial income75/76B€85€61▼
Recurring financial income75€85€61▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€33k€30k▼
Income taxes67/77€8k€8k▼
Profit (loss) for the period9904€25k€23k▼
Profit (loss) for the period to be appropriated9905€25k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€59k▲
Profit (loss) brought forward from the previous period14P€11k€36k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €0 | €7k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €17k | €21k | ▲ 19.7% |
| Other operating charges640/8 | €0 | €703 | €4k | ▲ 436% |
| Gross operating margin9900 | €25k | €53k | €66k | ▲ 25.3% |
| Operating profit (loss)9901 | €12k | €34k | €34k | ▲ 0.3% |
| Financial income75/76B | €107 | €85 | €61 | ▼ 27.8% |
| Recurring financial income75 | €107 | €85 | €61 | ▼ 27.8% |
| Financial charges65/66B | €2k | €2k | €4k | ▲ 147% |
| Recurring financial charges65 | €2k | €2k | €4k | ▲ 147% |
| Profit (loss) for the period before taxes9903 | €11k | €33k | €30k | ▼ 7.2% |
| Income taxes67/77 | €0 | €8k | €8k | ▼ 1.7% |
| Profit (loss) for the period9904 | €11k | €25k | €23k | ▼ 9.0% |
| Profit (loss) for the period to be appropriated9905 | €11k | €25k | €23k | ▼ 9.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €146k | €183k | €228k | ▲ 24.4% |
| Formation expenses20 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €45k | €59k | €80k | ▲ 35.0% |
| Tangible fixed assets22/27 | €45k | €59k | €79k | ▲ 34.1% |
| Plant, machinery and equipment23 | €20k | €15k | €11k | ▼ 25.3% |
| Furniture and vehicles24 | €20k | €39k | €64k | ▲ 65.7% |
| Other tangible fixed assets26 | €5k | €5k | €4k | ▼ 29.5% |
| Financial fixed assets28 | €0 | - | €500 | - |
| Current assets29/58 | €100k | €124k | €148k | ▲ 19.3% |
| Stocks and contracts in progress3 | €66k | €87k | €102k | ▲ 16.4% |
| Stocks30/36 | €66k | €87k | €102k | ▲ 16.4% |
| Amounts receivable within one year40/41 | €2k | €2k | €10k | ▲ 528% |
| Trade receivables40 | €2k | €2k | €8k | ▲ 380% |
| Other amounts receivable41 | €0 | €0 | €2k | - |
| Cash at bank and in hand54/58 | €33k | €34k | €33k | ▼ 2.6% |
| Deferred charges and accrued income490/1 | €195 | €858 | €3k | ▲ 215% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €146k | €183k | €228k | ▲ 24.4% |
| Equity10/15 | €31k | €56k | €79k | ▲ 40.7% |
| Contributions10/11 | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €11k | €36k | €59k | ▲ 63.5% |
| Amounts payable17/49 | €115k | €127k | €149k | ▲ 17.2% |
| Amounts payable after more than one year17 | €47k | €51k | €56k | ▲ 9.9% |
| Financial debts170/4 | €47k | €51k | €56k | ▲ 9.9% |
| Amounts payable within one year42/48 | €68k | €76k | €93k | ▲ 22.0% |
| Current portion of amounts payable after more than one year42 | €9k | €13k | €18k | ▲ 34.6% |
| Financial debts43 | - | - | €95 | - |
| Credit institutions430/8 | - | - | €95 | - |
| Trade debts44 | €16k | €12k | €23k | ▲ 102% |
| Suppliers440/4 | €16k | €12k | €23k | ▲ 102% |
| Taxes, remuneration and social security45 | €11k | €19k | €22k | ▲ 14.4% |
| Taxes450/3 | €9k | €17k | €17k | ▲ 2.8% |
| Remuneration and social security454/9 | €2k | €2k | €5k | ▲ 98.0% |
| Other amounts payable47/48 | €31k | €33k | €31k | ▼ 6.9% |
| Accrued charges and deferred income492/3 | - | - | €0 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €25k | €23k | ▼ 9.0% |
| + Depreciation and write-downs630 | €12k | €17k | €21k | ▲ 19.7% |
| Operating cash flow (approximation) | €23k | €42k | €44k | ▲ 2.9% |
| Investment in fixed assets (approximation) | - | €-31k | €-42k | ▼ 32.3% |
| Change in cash | - | €1k | €-902 | ▼ 175% |
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
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €25k ▲130%
Net result €25k, the highest in the series.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Braives · 2 establishment units since 2021
Ground area
2,794 m²
Building footprint
184 m²
Volume, LiDAR
1,541 m³
2 parcels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Rue du Chardon 2, 4260 Braives
since 20212.323.871.560
G Optic
since 20252.368.995.069
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64015A0136/00H000 | Wallonia | 1,482 m² | 1 · 82 m² | 9.4 m · 3 fl. |
| 64024B0141/00B000 | Wallonia | 1,312 m² | 1 · 102 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 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
Transcontinenta Benelux
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BE 1019.727.643
Schilde · Eq €78,864
GODEFROID OPTIQUE
BE 0878.694.987
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OPTO-SELECT
BE 0834.724.194
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HV OPTO
BE 0832.763.806
Elsene · Eq €79,264
Of 1,730 companies in sector 47742 we hold annual accounts for 1,138. 981 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
Scores and ratios are computed by Checked and are not a credit decision.