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OPAL

Active
Private limited companyfounded 20232 yrs activeDopheidestraat 23, 3600 Genk, BelgiumKBO/BCE: BE 1003.501.424
Summary

OPAL has been active since 2023 and the Belgian State 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 12761 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+32
Growth78
Track record82
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.75 against 0.86 in 2024; short-term debt: 20.3% and cash: 72.7% of total assets), and 20.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.7%
Return on assets
52.1%
Age of the figures
15 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 30-01-2026, 1 day ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
1 d early
2024
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 December 2023, OPAL was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€119,045▲ 189%
2024 · €41,246
Total assets
€149,303▲ 56.1%
2024 · €95,628
Net result
€77,799▲ 115%
2024 · €36,246
Working capital
€83,344
2024 · -€7,724
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
Line20242025
Operating result€48,873-€99,073▲ 103%
Net result€36,246-€77,799▲ 115%
Equity€41,246-€119,045▲ 189%
Total assets€95,628-€149,303▲ 56.1%
Debt€54,382-€30,258▼ 44.4%
Working capital-€7,724-€83,344
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2024: €48,873€48,873Net result 2024: €36,246€36,246Operating result 2025: €99,073€99,073Net result 2025: €77,799€77,79920242025€0€25,000€50,000€75,000€100,000Operating result 2024: €48,873€48,900Net result 2024: €36,246€36,200Operating result 2025: €99,073€99,100Net result 2025: €77,799€77,80020242025
The operating result rises in 2025; 2025 is 103% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149,303
Fixed assets €35,701 ▼ 27.1%
Current assets €113,602 ▲ 143%
Equity and liabilities €149,303
Equity €119,045 ▲ 189%
Debt €30,258 ▼ 44.4%
Debt's share of the balance-sheet total falls from 56.9% to 20.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€112,342▲
2024 · €52,980
Cash flow
€91,068▲
2024 · €40,354
Current ratio
3.75▲
2024 · 0.86
Debt to equity
0.25▼
2024 · 1.32
ROE
65.4%▼
2024 · 87.9%
ROA
52.1%▲
2024 · 37.9%
Interest coverage
1582.28
Debt ≤ 1 year
€30,258▼
2024 · €54,382
Income taxes
€21,203▲
2024 · €12,626
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 · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€95,628€149,303▲
Fixed assets21/28€48,970€35,701▼
Tangible fixed assets22/27€48,970€35,701▼
Furniture and vehicles24€48,970€35,701▼
Current assets29/58€46,658€113,602▲
Amounts receivable within one year40/41-€5,050
Trade receivables40-€5,050
Cash at bank and in hand54/58€46,658€108,553▲
Equity and liabilities
Total equity and liabilities10/49€95,628€149,303▲
Equity10/15€41,246€119,045▲
Contributions10/11€5,000€5,000=
Reserves13€36,246€114,045▲
Distributable reserves133€36,246€114,045▲
Amounts payable17/49€54,382€30,258▼
Amounts payable within one year42/48€54,382€30,258▼
Trade debts44€33,436€1,006▼
Suppliers440/4€33,436€1,006▼
Taxes, remuneration and social security45€16,909€21,249▲
Taxes450/3€14,926€21,203▲
Remuneration and social security454/9€1,983€46▼
Other amounts payable47/48€4,037€8,003▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,107€13,269▲
Other operating charges640/8€839€1,851▲
Gross operating margin9900€53,819€114,194▲
Operating profit (loss)9901€48,873€99,073▲
Financial charges65/66B-€71
Recurring financial charges65-€71
Profit (loss) for the period before taxes9903€48,873€99,002▲
Income taxes67/77€12,626€21,203▲
Profit (loss) for the period9904€36,246€77,799▲
Profit (loss) for the period to be appropriated9905€36,246€77,799▲
Appropriation of the result
Profit (loss) to be appropriated9906€36,246€77,799▲
Transfer to equity691/2€36,246€77,799▲
To other reserves6921€36,246€77,799▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,107€13,269▲ 223%
Other operating charges640/8€839€1,851▲ 121%
Gross operating margin9900€53,819€114,194▲ 112%
Operating profit (loss)9901€48,873€99,073▲ 103%
Financial charges65/66B-€71-
Recurring financial charges65-€71-
Profit (loss) for the period before taxes9903€48,873€99,002▲ 103%
Income taxes67/77€12,626€21,203▲ 67.9%
Profit (loss) for the period9904€36,246€77,799▲ 115%
Profit (loss) for the period to be appropriated9905€36,246€77,799▲ 115%
Line20242025Change
Assets
Total assets20/58€95,628€149,303▲ 56.1%
Fixed assets21/28€48,970€35,701▼ 27.1%
Tangible fixed assets22/27€48,970€35,701▼ 27.1%
Furniture and vehicles24€48,970€35,701▼ 27.1%
Current assets29/58€46,658€113,602▲ 143%
Amounts receivable within one year40/41-€5,050-
Trade receivables40-€5,050-
Cash at bank and in hand54/58€46,658€108,553▲ 133%
Equity and liabilities
Total equity and liabilities10/49€95,628€149,303▲ 56.1%
Equity10/15€41,246€119,045▲ 189%
Contributions10/11€5,000€5,000=
Reserves13€36,246€114,045▲ 215%
Distributable reserves133€36,246€114,045▲ 215%
Amounts payable17/49€54,382€30,258▼ 44.4%
Amounts payable within one year42/48€54,382€30,258▼ 44.4%
Trade debts44€33,436€1,006▼ 97.0%
Suppliers440/4€33,436€1,006▼ 97.0%
Taxes, remuneration and social security45€16,909€21,249▲ 25.7%
Taxes450/3€14,926€21,203▲ 42.1%
Remuneration and social security454/9€1,983€46▼ 97.7%
Other amounts payable47/48€4,037€8,003▲ 98.2%
Line20242025Change
Profit (loss) for the period9904€36,246€77,799▲ 115%
+ Depreciation and write-downs630€4,107€13,269▲ 223%
Operating cash flow (approximation)€40,354€91,068▲ 126%
Investment in fixed assets (approximation)-€0-
Change in cash-€61,895-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Liquidity quadruplescurrent ratio 3.75
Current ratio from 0.86 to 3.75; short-term debt falls from €54,382 to €30,258.
30-06
Financial Equity above €100,000Eq €119,045 ▲189%
2 profitable years in a row build equity to €119,045.
29-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
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, Genk · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
3,885 m²
Building footprint
488 m²
Volume, LiDAR
2,828 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OPAL
Kiewitheide 34, 3620 LanakenActivities of lawyers
since 20232.354.571.763
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73322E0669/00S002 Flanders 2,305 m² 1 · 287 m² 9.8 m · 2 fl.
71303B0044/00V020 Flanders 1,580 m² 1 · 201 m² 8.8 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 420 EUR awarded · 420 EUR paid
Year Entries awardedpaid
2024 1 420 EUR420 EUR
Schemes
1 entry · 420 EUR · 420 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,069 companies in sector 69101 we hold annual accounts for 9,055. 7,560 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
Founded18-12-2023
Fiscal year end30-06
Activities, NACEBEL 2025
69101Activities of lawyers

Scores and ratios are computed by Checked and are not a credit decision.