GAFAS
ActiveGAFAS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €7k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-19
Solvency100▲+19
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.16 against 1.15 in 2024), and 11.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · 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
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
88.2%
Return on assets
6.3%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
43 d early
2023
49 d early
2022
43 d early
2021
45 d early
2020
48 d early
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▲ 7.7%
2024 · €85k
2019: €22k
2020: €17k
2021: €43k
2022: €57k
2023: €75k
2024: €85k
2019 → 2025
Total assets
€103k▼ 11.0%
2024 · €116k
2019: €156k
2020: €140k
2021: €144k
2022: €129k
2023: €127k
2024: €116k
2019 → 2025
Net result
€7k▼ 29.6%
2024 · €9k
2019: €4k
2020: €-5k
2021: €25k
2022: €15k
2023: €18k
2024: €9k
2019 → 2025
Working capital
€26k▲ 502%
2024 · €4k
2019: €-29k
2020: €-22k
2021: €-5k
2022: €-12k
2023: €4k
2024: €4k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€57k▲ 34.3%€75k▲ 31.5%€85k▲ 12.3%€91k▲ 7.7%
Operating result€38k-€25k▼ 34.5%€30k▲ 20.0%€20k▼ 34.3%€16k▼ 21.4%
Net result€25k-€15k▼ 42.5%€18k▲ 23.3%€9k▼ 48.6%€7k▼ 29.6%
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 two years in a row; 2025 is 21% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103k
Fixed assets
€65k▼ 21.0%
Current assets
€39k▲ 12.9%
Equity and liabilities €103k
Equity
€91k▲ 7.7%
Debt
€12k▼ 61.2%
The debt ratio falls from 27.2% to 11.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€33k▼
2024 · €36k
Cash flow
€24k▼
2024 · €25k
Solvency
88.2%▲
2024 · 72.8%
Current ratio
3.16▲
2024 · 1.15
Quick ratio
3.16▲
2024 · 1.15
Debt / equity
0.13▼
2024 · 0.37
ROE
7.2%▼
2024 · 11.0%
ROA
6.3%▼
2024 · 8.0%
Interest coverage
22.44▲
2024 · 12.00
Debt
€12k▼
2024 · €32k
Debt ≤ 1 year
€12k▼
2024 · €30k
Income taxes
€8k▲
2024 · €8k
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€116k€103k▼
Fixed assets21/28€82k€65k▼
Tangible fixed assets22/27€82k€65k▼
Land and buildings22€77k€62k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€34k€39k▲
Amounts receivable within one year40/41€17k€19k▲
Trade receivables40€2k€6k▲
Other amounts receivable41€14k€13k▼
Cash at bank and in hand54/58€4k€11k▲
Deferred charges and accrued income490/1€14k€9k▼
Equity and liabilities
Total equity and liabilities10/49€116k€103k▼
Equity10/15€85k€91k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€63k€69k▲
Amounts payable17/49€32k€12k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€30k€12k▼
Current portion of amounts payable after more than one year42€20k€2k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€8k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€37k€34k▼
Operating profit (loss)9901€20k€16k▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€17k€14k▼
Income taxes67/77€8k€8k▲
Profit (loss) for the period9904€9k€7k▼
Profit (loss) for the period to be appropriated9905€9k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€69k▲
Profit (loss) brought forward from the previous period14P€53k€63k▲
The notes to these accounts (4 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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 3.16
Current ratio from 1.15 to 3.16; short-term debt falls from €30k to €12k.
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-5k ▼215%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Meise · 1 establishment unit since 2001
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.
Bruinborrelaan 311860 MeiseGround area
887 m²
Building footprint
217 m²
Volume, LiDAR
945 m³
Parcel 23050F0196/00E000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GAFAS
since 20012.101.373.653
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050F0196/00E000 | Flanders | 887 m² | 1 · 217 m² | 7.2 m · 2 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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MARILYN OPTICAL
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BRAIN OPTIC
BE 0446.387.763
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Fotografie Roos Mestdagh
BE 0887.666.596
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Of 1,725 companies in sector 47742 we hold annual accounts for 1,136. 991 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2001
Fiscal year end30-06
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
52485
46432Wholesale trade
51473
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.