NINOPTICS
ActiveSummary
NINOPTICS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.57M and a net result of €298k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 9624 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability89=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 5.98 against 3.32 in 2023; short-term debt: 12.6% and cash: 61.8% of total assets), and 12.6% 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
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 · 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 2024Solvency, return and age of the figures
Solvency
87.4%
Return on assets
16.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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
not confirmed
2024
57 d late
2023
92 d late
2022
122 d late
2021
87 d late
2020
61 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, abbreviated schema
Equity
€1.57M▲ 23.3%
2023 · €1.28M
Total assets
€1.80M▲ 6.2%
2023 · €1.70M
Net result
€298k▲ 6.9%
2023 · €279k
Working capital
€1.13M▲ 16.6%
2023 · €973k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€351k▲ 12.7%€357k▲ 1.7%€386k▲ 8.1%€393k▲ 1.9%€422k▲ 7.3%
Net result€249k▲ 18.5%€245k▼ 1.7%€274k▲ 11.9%€279k▲ 1.8%€298k▲ 6.9%
Equity€1.17M▲ 27.1%€1.05M▼ 10.4%€1.32M▲ 26.1%€1.28M▼ 3.3%€1.57M▲ 23.3%
Total assets€1.38M▲ 17.9%€1.39M▲ 0.7%€1.62M▲ 16.4%€1.70M▲ 4.7%€1.80M▲ 6.2%
Debt€214k▼ 15.5%€345k▲ 61.1%€300k▼ 13.2%€420k▲ 40.0%€228k▼ 45.7%
Working capital€1.11M▲ 29.7%€767k▼ 30.8%€982k▲ 28.0%€973k▼ 0.9%€1.13M▲ 16.6%
Staff (FTE)1.1=2▲ 81.8%1.3▼ 35.0%1.3=1.1▼ 15.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 7% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.80M
Fixed assets
€441k ▲ 44.8%
Current assets
€1.36M ▼ 2.2%
Equity and liabilities €1.80M
Equity
€1.57M ▲ 23.3%
Debt
€228k ▼ 45.7%
Debt's share of the balance-sheet total falls from 24.7% to 12.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€488k▲
2023 · €433k
Cash flow
€364k▲
2023 · €318k
Current ratio
5.98▲
2023 · 3.32
Quick ratio
5.21▲
2023 · 2.92
Debt to equity
0.14▼
2023 · 0.33
ROE
18.9%▼
2023 · 21.8%
ROA
16.5%▲
2023 · 16.4%
Interest coverage
101.51▼
2023 · 128.47
Debt ≤ 1 year
€228k▼
2023 · €419k
Income taxes
€135k▲
2023 · €126k
Staff costs
€80k▲
2023 · €76k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4k | - | - | - | - |
| Remuneration, social security and pensions62 | - | €48k | €69k | €76k | €80k | ▲ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34k | €63k | €36k | €39k | €66k | ▲ 67.4% |
| Other operating charges640/8 | - | €9k | €8k | €5k | €5k | ▲ 10.5% |
| Non-recurring operating charges66A | - | - | - | €495 | €461 | ▼ 6.7% |
| Gross operating margin9900 | €426k | €476k | €499k | €514k | €573k | ▲ 11.6% |
| Operating profit (loss)9901 | €351k | €357k | €386k | €393k | €422k | ▲ 7.3% |
| Financial income75/76B | - | €5k | €8k | €15k | €16k | ▲ 3.9% |
| Recurring financial income75 | €8k | €5k | €8k | €15k | €16k | ▲ 3.9% |
| Financial charges65/66B | - | €3k | €3k | €3k | €5k | ▲ 42.7% |
| Recurring financial charges65 | €3k | €3k | €3k | €3k | €5k | ▲ 42.7% |
| Profit (loss) for the period before taxes9903 | €357k | €359k | €390k | €405k | €433k | ▲ 6.9% |
| Income taxes67/77 | €108k | €114k | €117k | €126k | €135k | ▲ 6.9% |
| Profit (loss) for the period9904 | €249k | €245k | €274k | €279k | €298k | ▲ 6.9% |
| Transfer from tax-exempt reserves789 | - | €19k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €249k | €264k | €274k | €279k | €298k | ▲ 6.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.38M | €1.39M | €1.62M | €1.70M | €1.80M | ▲ 6.2% |
| Fixed assets21/28 | €58k | €280k | €338k | €304k | €441k | ▲ 44.8% |
| Tangible fixed assets22/27 | €58k | €280k | €338k | €304k | €441k | ▲ 44.8% |
| Land and buildings22 | - | €243k | €226k | €213k | €370k | ▲ 73.6% |
| Plant, machinery and equipment23 | - | €7k | €81k | €64k | €51k | ▼ 20.0% |
| Furniture and vehicles24 | - | €30k | €31k | €27k | €19k | ▼ 29.9% |
| Current assets29/58 | €1.32M | €1.11M | €1.28M | €1.39M | €1.36M | ▼ 2.2% |
| Stocks and contracts in progress3 | €122k | €129k | €143k | €168k | €174k | ▲ 3.5% |
| Stocks30/36 | - | €129k | €143k | €168k | €174k | ▲ 3.5% |
| Amounts receivable within one year40/41 | €22k | €11k | €6k | €17k | €25k | ▲ 48.3% |
| Trade receivables40 | - | €11k | €6k | €17k | €25k | ▲ 48.3% |
| Current investments50/53 | €94k | €74k | €73k | €224k | €34k | ▼ 84.9% |
| Cash at bank and in hand54/58 | €1.08M | €884k | €1.05M | €972k | €1.11M | ▲ 14.7% |
| Deferred charges and accrued income490/1 | - | €14k | €7k | €12k | €15k | ▲ 28.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.38M | €1.39M | €1.62M | €1.70M | €1.80M | ▲ 6.2% |
| Equity10/15 | €1.17M | €1.05M | €1.32M | €1.28M | €1.57M | ▲ 23.3% |
| Contributions10/11 | - | €19k | €19k | €2k | €2k | = |
| Reserves13 | €1.15M | €1.03M | €1.30M | €1.28M | €1.57M | ▲ 23.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €1.03M | €1.30M | €1.28M | €1.57M | ▲ 23.3% |
| Amounts payable17/49 | €214k | €345k | €300k | €420k | €228k | ▼ 45.7% |
| Amounts payable within one year42/48 | €214k | €345k | €300k | €419k | €228k | ▼ 45.7% |
| Trade debts44 | €55k | €78k | €163k | €109k | €98k | ▼ 10.6% |
| Suppliers440/4 | - | €78k | €163k | €109k | €98k | ▼ 10.6% |
| Taxes, remuneration and social security45 | - | €82k | €77k | €81k | €69k | ▼ 14.7% |
| Taxes450/3 | - | €73k | €63k | €65k | €60k | ▼ 8.2% |
| Remuneration and social security454/9 | - | €9k | €14k | €16k | €9k | ▼ 41.5% |
| Other amounts payable47/48 | - | €185k | €60k | €229k | €61k | ▼ 73.4% |
| Accrued charges and deferred income492/3 | - | - | - | €137 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €249k | €245k | €274k | €279k | €298k | ▲ 6.9% |
| + Depreciation and write-downs630 | €34k | €63k | €36k | €39k | €66k | ▲ 67.4% |
| Operating cash flow (approximation) | €282k | €308k | €310k | €318k | €364k | ▲ 14.3% |
| Investment in fixed assets (approximation) | - | €-285k | €-95k | €-5k | €-202k | ▼ 3,645% |
| Change in cash | - | €-197k | €169k | €-82k | €142k | ▲ 274% |
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
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
31-12
Financial
Highest result since 2018net €298k ▲6.9%
Operating result €422k, net result €298k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 122 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 87 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Equity above €1MEq €1.17M ▲27.1%
3 profitable years in a row build equity to €1.17M.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ninove · 2 establishment units since 2007
Ground area
488 m²
Building footprint
393 m²
Volume, LiDAR
2,713 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
NINOPTICS
since 20072.159.335.806
NINOPTICS
since 20212.314.794.934
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B1257/00H000 | Flanders | 336 m² | 1 · 223 m² | 12.0 m · 3 fl. |
| 41362B1260/00D000 | Flanders | 152 m² | 1 · 170 m² | 10.6 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
8945008Y95F3BNMEEP16
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Of 1,732 companies in sector 47742 we hold annual accounts for 1,137. 499 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
Founded30-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
46180Agents specialised in the wholesale of other particular products
46432Wholesale trade
Contact
Phone
054/322912Ninove
Scores and ratios are computed by Checked and are not a credit decision.