Equity
Equity rose in 2025 from €41,246 to €119,045.
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In July 2024, 39,278 companies had the same profile as OPAL has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for OPAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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| Company | ||||
|---|---|---|---|---|
| OPAL Genk | €149,303 | €114,194 | 79.7% | - |
| Advocaten Meldert Lummen | €159,040 | €135,657 | 59.9% | - |
| BA Avocat Les Bons Villers | €151,658 | €106,580 | 70.7% | - |
| Violette Lebrun Schaerbeek | €157,124 | €105,072 | 91.1% | - |
| ARS LEGALIA Court-Saint-Etienne | €152,623 | €103,832 | 92.3% | - |
| Boskoop Overijse | €153,393 | €126,485 | 57.5% | - |
| BOIGELAW Waterloo | €153,251 | €102,598 | 83.0% | - |
These companies have the same main activity as OPAL: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €152,000 and €159,000, founded between 2023 and 2024.
OPAL has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,045 and a net result of €77,799.
Its solvency ranks better than 77% of 15,834 sector peers (NACE 69, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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