Skip to content

Oftalmo MD

Active
General partnershipfounded 2011active for 14 yearsMarkt 11, 2270 Herenthout, BelgiumKBO/BCE: BE 0842.018.396
Summary

For Oftalmo MD, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €7.6m and a net result of -€2.1m. Equity is growing by about 10% per year across the filed financial years. The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).

Financials · financial year 2021, abbreviated format

2022 annual accounts not yet filed, deadline passed on 31 July 2023 Financial year closed on 31 December 2022; filing 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 31 October 2026.

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 falls in 2021; 2021 is 5% below 2020.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.8m 2021 Net result-€2.1m 2021

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 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
2021 value · change against 2020
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
Filed annual accounts As filed with the NBB · 2021 against 2020 · 26 lines
Balance sheet Code20202021
Assets
Total assets20/58€9.8m€7.6m▼
Fixed assets21/28€5.0m€2.1m▼
Tangible fixed assets22/27€0.1m€0.07m▼
Financial fixed assets28€4.9m€2.1m▼
Current assets29/58€4.8m€5.5m▲
Amounts receivable within one year40/41-€0.05m
Current investments50/53€4.8m€5.1m▲
Cash at bank and in hand54/58€0.03m€0.4m▲
Equity and liabilities
Total equity and liabilities10/49€9.8m€7.6m▼
Equity10/15€9.6m€7.6m▼
Contributions10/11€3.9m€3.9m=
Reserves13€3.9m€3.7m▼
Profit (loss) carried forward14€1.8m-€0.07m▼
Amounts payable17/49€0.2m€0.07m▼
Amounts payable after more than one year17€0.07m€0.07m=
Amounts payable within one year42/48€0.09m€0.004m▼
Trade debts44€0.006m€0.004m▼
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.04m▼
Gross operating margin9900€0.8m€0.8m▼
Operating profit (loss)9901€0.8m€0.8m▼
Recurring financial income75€0.7m€0.2m▼
Recurring financial charges65€0.003m€0.001m▼
Profit (loss) for the period before taxes9903€1.5m-€1.9m▼
Income taxes67/77€0.3m€0.2m▼
Profit (loss) for the period9904€1.2m-€2.1m▼
Profit (loss) for the period to be appropriated9905€1.2m-€2.1m▼
Line2018201920202021Change
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-
Line2018201920202021Change
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%
Line2018201920202021Change
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-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
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

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.