Oftalmo MD
ActiveFinancials · financial year 2021, abbreviated format
2022 annual accounts not yet filed, deadline passed on 31 July 2023 The financial year closed on 31 December 2022. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 1 November 2026.
Annual accounts 2021 filed on 20-03-2022 PDF all 10 filings
Turnover
≈ €1.9m
Estimated: probably between €1.1m and €3.2m
Total assets
€7.6m▼ 22.1%
2020 · €9.8m
Net result
-€2.1m
2020 · €1.2m
Working capital
€5.5m▲ 16.0%
2020 · €4.7m
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result for 2021 is 5% lower than in 2020.
Operating result€0.8m
2021
Net result-€2.1m
2021
Total assets€7.6m
2021
Equity€7.6m
2021
Debt€0.07m
2021
Working capital€5.5m
2021
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result€0.6m-€0.6m▼ 3.6%€0.8m▲ 38.3%€0.8m▼ 4.7%
Net result€0.4m-€2.2m▲ 472%€1.2m▼ 45.6%-€2.1m
Equity€6.3m-€8.4m▲ 34.8%€9.6m▲ 14.0%€7.6m▼ 21.5%
Total assets€6.4m-€8.7m▲ 35.9%€9.8m▲ 12.6%€7.6m▼ 22.1%
Debt€0.1m-€0.2m▲ 84.6%€0.2m▼ 36.0%€0.07m▼ 56.4%
Working capital€1.4m-€3.5m▲ 159%€4.7m▲ 34.6%€5.5m▲ 16.0%
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €7.6m
Fixed assets
€2.1m ▼ 57.0%
Current assets
€5.5m ▲ 13.9%
Equity and liabilities €7.6m
Equity
€7.6m ▼ 21.5%
Debt
€69,114 ▼ 56.4%
Debt's share of the balance-sheet total falls from 1.6% to 0.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€801,405▼
2020 · €842,733
Cash flow
-€2.0m▼
2020 · €1.2m
Debt to equity
0.01▲
2020 · 0.01
ROE
-27.4%▼
2020 · 12.3%
ROA
-27.1%▼
2020 · 12.1%
Debt ≤ 1 year
€3,686▼
2020 · €93,144
Debt > 1 year
€65,428=
2020 · €65,428
Income taxes
€195,791▼
2020 · €314,916
A ratio outside any meaningful range has been withheld (balance sheet total €7.6m, equity €7.6m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.05m | €0.04m | ▼ 9.1% |
| Gross operating margin9900 | €0.7m | €0.7m | €0.8m | €0.8m | ▼ 4.9% |
| Operating profit (loss)9901 | €0.6m | €0.6m | €0.8m | €0.8m | ▼ 4.7% |
| Recurring financial income75 | €0.001m | €2.0m | €0.7m | €0.2m | ▼ 76.3% |
| Recurring financial charges65 | €0.003m | €0.003m | €0.003m | €0.001m | ▼ 81.0% |
| Profit (loss) for the period before taxes9903 | €0.6m | €2.6m | €1.5m | -€1.9m | - |
| Income taxes67/77 | €0.2m | €0.4m | €0.3m | €0.2m | ▼ 37.8% |
| Profit (loss) for the period9904 | €0.4m | €2.2m | €1.2m | -€2.1m | - |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €2.2m | €1.2m | -€2.1m | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €6.4m | €8.7m | €9.8m | €7.6m | ▼ 22.1% |
| Fixed assets21/28 | €5.0m | €5.0m | €5.0m | €2.1m | ▼ 57.0% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | €0.07m | ▼ 26.6% |
| Financial fixed assets28 | €4.9m | €4.9m | €4.9m | €2.1m | ▼ 57.6% |
| Current assets29/58 | €1.4m | €3.7m | €4.8m | €5.5m | ▲ 13.9% |
| Amounts receivable within one year40/41 | €0.02m | - | - | €0.05m | - |
| Current investments50/53 | €1.3m | €3.3m | €4.8m | €5.1m | ▲ 5.5% |
| Cash at bank and in hand54/58 | €0.08m | €0.4m | €0.03m | €0.4m | ▲ 15× |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €6.4m | €8.7m | €9.8m | €7.6m | ▼ 22.1% |
| Equity10/15 | €6.3m | €8.4m | €9.6m | €7.6m | ▼ 21.5% |
| Contributions10/11 | €3.9m | €3.9m | €3.9m | €3.9m | = |
| Reserves13 | €0.6m | €2.8m | €3.9m | €3.7m | ▼ 5.1% |
| Profit (loss) carried forward14 | €1.8m | €1.8m | €1.8m | -€0.07m | - |
| Amounts payable17/49 | €0.1m | €0.2m | €0.2m | €0.07m | ▼ 56.4% |
| Amounts payable after more than one year17 | €0.06m | €0.07m | €0.07m | €0.07m | = |
| Amounts payable within one year42/48 | €0.07m | €0.2m | €0.09m | €0.004m | ▼ 96.0% |
| Trade debts44 | €0.01m | €0.002m | €0.006m | €0.004m | ▼ 36.9% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €2.2m | €1.2m | -€2.1m | - |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.05m | €0.04m | ▼ 9.1% |
| Operating cash flow (approximation) | €0.5m | €2.3m | €1.2m | -€2.0m | - |
| Investment in fixed assets (approximation) | - | -€0.1m | -€0.01m | €2.8m | - |
| Change in cash | - | €0.3m | -€0.4m | €0.4m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | abbreviated format | 20-03-2022 | 2022-08100440 | |
| 31-12-2020 | abbreviated format | 27-07-2021 | 2021-40500111 | |
| 31-12-2019 | abbreviated format | 30-10-2020 | 2020-66500207 | |
| 31-12-2018 | abbreviated format | 22-07-2019 | 2019-36300049 | |
| 31-12-2017 | abbreviated format | 24-07-2018 | 2018-37100462 | |
| 31-12-2016 | abbreviated format | 17-07-2017 | 2017-34300485 | |
| 31-12-2015 | abbreviated format | 21-07-2016 | 2016-34600541 | |
| 31-12-2014 | abbreviated format | 15-07-2015 | 2015-31400404 | |
| 31-12-2013 | abbreviated format | 23-07-2014 | 2014-33700037 | |
| 31-12-2012 | abbreviated format | 25-07-2013 | 2013-35100552 |