OPAL SOLUTIONS
ActiveSummary
OPAL SOLUTIONS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €961k and a net result of €38k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 79% of 1546 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-22
Solvency98▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.56 in 2023; short-term debt: 26.6% and cash: 4.3% of total assets), and 26.9% of the assets are financed with debt.
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Signals
Six 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
73.1%
Return on assets
2.9%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €961k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
60 d late
2022
1 d late
2021
2 d late
2020
on the day
2019
31 d early
← 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 Is this a good employer? Staff, turnover and training against the sector.Employer check
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k▼ 86.0%
2023 · €270k
Working capital
€130k▼ 40.4%
2023 · €219k
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€-52k▼ 84.9%€14k€287k▲ 1,956%€371k▲ 29.4%€50k▼ 86.7%
Net result€-58k▼ 77.0%€2k€257k▲ 10,803%€270k▲ 4.8%€38k▼ 86.0%
Equity€-22k▲ 9.4%€41k€298k▲ 631%€923k▲ 210%€961k▲ 4.1%
Total assets€412k▲ 81.5%€562k▲ 36.4%€793k▲ 41.2%€1.31M▲ 65.3%€1.31M▲ 0.3%
Debt€433k▲ 72.9%€521k▲ 20.2%€495k▼ 5.0%€388k▼ 21.6%€354k▼ 8.8%
Working capital€-198k▼ 10.8%€-165k▲ 16.6%€70k€219k▲ 211%€130k▼ 40.4%
Staff (FTE)1.2▼ 53.8%2.9▲ 142%4.9▲ 69.0%6.9▲ 40.8%9.5▲ 37.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 87% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.31M
Fixed assets
€835k ▲ 18.5%
Current assets
€480k ▼ 20.9%
Equity and liabilities €1.31M
Equity
€961k ▲ 4.1%
Debt
€354k ▼ 8.8%
Debt's share of the balance-sheet total falls from 29.6% to 26.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€266k▼
2023 · €577k
Cash flow
€255k▼
2023 · €476k
Current ratio
1.37▼
2023 · 1.56
Debt to equity
0.37▼
2023 · 0.42
ROE
3.9%▼
2023 · 29.2%
ROA
2.9%▼
2023 · 20.6%
Interest coverage
45.32▲
2023 · 39.94
Debt ≤ 1 year
€350k▼
2023 · €388k
Income taxes
€6k▼
2023 · €87k
Staff costs
€523k▲
2023 · €428k
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €141k | €225k | €428k | €523k | ▲ 22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53k | €90k | €138k | €206k | €217k | ▲ 5.3% |
| Other operating charges640/8 | - | €2k | €3k | €6k | €6k | ▲ 0.1% |
| Gross operating margin9900 | €67k | €248k | €653k | €1.01M | €795k | ▼ 21.4% |
| Operating profit (loss)9901 | €-52k | €14k | €287k | €371k | €50k | ▼ 86.7% |
| Financial income75/76B | - | €275 | €106 | €12 | €450 | ▲ 3,776% |
| Recurring financial income75 | €1 | €275 | €106 | €12 | €450 | ▲ 3,776% |
| Financial charges65/66B | - | €12k | €13k | €14k | €6k | ▼ 59.3% |
| Recurring financial charges65 | €5k | €12k | €13k | €14k | €6k | ▼ 59.3% |
| Profit (loss) for the period before taxes9903 | €-58k | €2k | €273k | €357k | €44k | ▼ 87.6% |
| Income taxes67/77 | - | - | €16k | €87k | €6k | ▼ 92.9% |
| Profit (loss) for the period9904 | €-58k | €2k | €257k | €270k | €38k | ▼ 86.0% |
| Profit (loss) for the period to be appropriated9905 | €-58k | €2k | €257k | €270k | €38k | ▼ 86.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €412k | €562k | €793k | €1.31M | €1.31M | ▲ 0.3% |
| Fixed assets21/28 | €342k | €501k | €583k | €704k | €835k | ▲ 18.5% |
| Intangible fixed assets21 | €337k | €497k | €577k | €685k | €816k | ▲ 19.2% |
| Tangible fixed assets22/27 | €1k | €689 | €2k | €17k | €17k | ▼ 2.9% |
| Furniture and vehicles24 | - | €689 | €2k | €11k | €9k | ▼ 18.6% |
| Other tangible fixed assets26 | - | - | - | €6k | €8k | ▲ 27.2% |
| Financial fixed assets28 | €4k | €4k | €4k | €2k | €2k | ▼ 16.2% |
| Current assets29/58 | €70k | €61k | €210k | €607k | €480k | ▼ 20.9% |
| Amounts receivable within one year40/41 | €64k | €52k | €198k | €576k | €397k | ▼ 31.2% |
| Trade receivables40 | - | €20k | €198k | €576k | €397k | ▼ 31.2% |
| Other amounts receivable41 | - | €33k | - | €13 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €6k | €8k | €11k | €22k | €56k | ▲ 156% |
| Deferred charges and accrued income490/1 | - | - | €537 | €8k | €27k | ▲ 232% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €412k | €562k | €793k | €1.31M | €1.31M | ▲ 0.3% |
| Equity10/15 | €-22k | €41k | €298k | €923k | €961k | ▲ 4.1% |
| Contributions10/11 | - | €79k | €79k | €434k | €434k | = |
| Outside capital11 | - | €79k | €79k | €434k | - | - |
| Other1109/19 | - | €79k | €79k | €434k | - | - |
| Profit (loss) carried forward14 | €-100k | €-98k | €160k | €429k | €467k | ▲ 8.8% |
| Investment grants15 | - | €60k | €60k | €60k | €60k | = |
| Amounts payable17/49 | €433k | €521k | €495k | €388k | €354k | ▼ 8.8% |
| Amounts payable after more than one year17 | €165k | €295k | €355k | - | - | - |
| Financial debts170/4 | - | €295k | €355k | - | - | - |
| Amounts payable within one year42/48 | €268k | €226k | €140k | €388k | €350k | ▼ 9.8% |
| Current portion of amounts payable after more than one year42 | - | €3k | - | - | - | - |
| Financial debts43 | - | €26k | €7k | €24k | €24k | = |
| Credit institutions430/8 | - | €26k | €7k | €24k | €24k | = |
| Trade debts44 | €71k | €114k | €21k | €175k | €95k | ▼ 45.9% |
| Suppliers440/4 | - | €114k | €21k | €175k | €95k | ▼ 45.9% |
| Taxes, remuneration and social security45 | - | €42k | €80k | €147k | €192k | ▲ 30.7% |
| Taxes450/3 | - | €11k | €43k | €100k | €109k | ▲ 9.3% |
| Remuneration and social security454/9 | - | €31k | €37k | €47k | €83k | ▲ 76.3% |
| Other amounts payable47/48 | - | €42k | €32k | €42k | €40k | ▼ 6.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | €4k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-58k | €2k | €257k | €270k | €38k | ▼ 86.0% |
| + Depreciation and write-downs630 | €53k | €90k | €138k | €206k | €217k | ▲ 5.3% |
| Operating cash flow (approximation) | €-5k | €93k | €396k | €476k | €255k | ▼ 46.4% |
| Investment in fixed assets (approximation) | - | €-250k | €-220k | €-327k | €-347k | ▼ 6.1% |
| Change in cash | - | €3k | €3k | €10k | €34k | ▲ 227% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
31-12
Financial
Highest result since 2018net €270k ▲4.8%
Operating result €371k, net result €270k, both a record.
31-12
Financial
Equity above €500kEq €923k ▲210%
3 profitable years in a row build equity to €923k.
01-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
30-09
Financial
Liquidity times 6current ratio 1.50
Current ratio from 0.27 to 1.50; short-term debt falls from €226k to €140k.
30-09
Financial
Equity above €200kEq €298k ▲631%
2 profitable years in a row build equity to €298k.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Mont-Saint-Guibert · 2 establishment units since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue André Dumont 71435 Mont-Saint-GuibertGround area
6,848 m²
Building footprint
3,050 m²
Volume, LiDAR
59,808 m³
Parcel 21911C0131/03L000, Brussels · tallest building 32.3 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
Opal Solutions
since 20162.250.139.583
Opal Solutions
since 20242.354.180.397
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0131/03L000 | Brussels | 6,848 m² | 1 · 3,050 m² | 32.3 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 8,744 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
Founded13-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
Scores and ratios are computed by Checked and are not a credit decision.