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OPALIMMO

Active
Public limited companyfounded 1989active for 37 yearsChaussée de Mons 63, 7800 Ath, BelgiumKBO/BCE: BE 0438.353.886
Summary

OPALIMMO has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €99,791 and a net result of €7,862. Equity is growing by about 7.2% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2026, abbreviated format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7,862▲ 94.9%
2025 · €4,035
Working capital
€228,801▲ 4.7%
2025 · €218,585
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result recovers in 2026; 2026 is 169% above 2025.

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

Operating result€11,229 2026 Net result€7,862 2026

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€5,741-€8,601▲ 49.8%€5,949▼ 30.8%€7,267▲ 22.2%€6,162▼ 15.2%€11,988▲ 94.6%€4,182▼ 65.1%€11,229▲ 169%
Net result€4,774-€6,039▲ 26.5%€4,459▼ 26.2%€5,171▲ 16.0%€4,326▼ 16.4%€8,288▲ 91.6%€4,035▼ 51.3%€7,862▲ 94.9%
Equity€59,611-€65,650▲ 10.1%€70,109▲ 6.8%€75,280▲ 7.4%€79,606▲ 5.7%€87,894▲ 10.4%€91,929▲ 4.6%€99,791▲ 8.6%
Total assets€258,123-€259,962▲ 0.7%€265,477▲ 2.1%€272,377▲ 2.6%€276,748▲ 1.6%€287,012▲ 3.7%€287,953▲ 0.3%€298,815▲ 3.8%
Debt€198,512-€194,312▼ 2.1%€195,369▲ 0.5%€197,097▲ 0.9%€197,142=€199,118▲ 1.0%€196,024▼ 1.6%€199,024▲ 1.5%
Working capital€185,392-€195,403▲ 5.4%€200,125▲ 2.4%€208,441▲ 4.2%€221,566▲ 6.3%€230,929▲ 4.2%€218,585▼ 5.3%€228,801▲ 4.7%
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €298,815
Fixed assets €66,210 ▼ 3.4%
Current assets €232,605 ▲ 6.0%
Equity and liabilities €298,815
Equity €99,791 ▲ 8.6%
Debt €199,024 ▲ 1.5%
Debt's share of the balance-sheet total falls from 68.1% to 66.6%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€18,544▲
2025 · €9,368
Cash flow
€15,177▲
2025 · €9,220
Current ratio
61.15
Debt to equity
1.99▼
2025 · 2.13
ROE
7.9%▲
2025 · 4.4%
ROA
2.6%▲
2025 · 1.4%
Interest coverage
59.64▲
2025 · 31.03
Debt ≤ 1 year
€3,804▲
2025 · €804
Debt > 1 year
€195,220=
2025 · €195,220
Income taxes
€4,060▲
2025 · €1,215
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 40 lines
Balance sheet Code20252026
Assets
Total assets20/58€287,953€298,815▲
Fixed assets21/28€68,564€66,210▼
Tangible fixed assets22/27€67,709€65,355▼
Land and buildings22€67,709€65,355▼
Financial fixed assets28€855€855=
Current assets29/58€219,389€232,605▲
Current investments50/53€216,367€227,042▲
Cash at bank and in hand54/58€3,022€5,563▲
Equity and liabilities
Total equity and liabilities10/49€287,953€298,815▲
Equity10/15€91,929€99,791▲
Contributions10/11€30,987€30,987=
Capital10€30,987€30,987=
Issued capital100€30,987€30,987=
Reserves13€60,942€68,805▲
Non-distributable reserves130/1€3,099€3,099=
Legal reserve130€3,099€3,099=
Distributable reserves133€57,843€65,706▲
Amounts payable17/49€196,024€199,024▲
Amounts payable after more than one year17€195,220€195,220=
Other amounts payable178/9€195,220€195,220=
Amounts payable within one year42/48€804€3,804▲
Trade debts44-€157
Suppliers440/4-€157
Taxes, remuneration and social security45€804€3,646▲
Taxes450/3€804€3,646▲
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,186€7,315▲
Other operating charges640/8€5,834€6,036▲
Gross operating margin9900€15,202€24,580▲
Operating profit (loss)9901€4,182€11,229▲
Financial income75/76B€1,369€1,004▼
Recurring financial income75€1,369€1,004▼
Financial charges65/66B€302€311▲
Recurring financial charges65€302€311▲
Profit (loss) for the period before taxes9903€5,249€11,922▲
Income taxes67/77€1,215€4,060▲
Profit (loss) for the period9904€4,035€7,862▲
Profit (loss) for the period to be appropriated9905€4,035€7,862▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,035€7,862▲
Transfer to equity691/2€4,035€7,862▲
To other reserves6921€4,035€7,862▲

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

Line20192020202120222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,725€8,743€9,229€8,782€9,246€4,259€5,186€7,315▲ 41.1%
Other operating charges640/8---€4,673€4,779€5,619€5,834€6,036▲ 3.5%
Gross operating margin9900€18,954€21,562€19,819€20,722€20,187€21,866€15,202€24,580▲ 61.7%
Operating profit (loss)9901€5,741€8,601€5,949€7,267€6,162€11,988€4,182€11,229▲ 169%
Financial income75/76B---€37-€667€1,369€1,004▼ 26.7%
Recurring financial income75€200€199€210€37-€667€1,369€1,004▼ 26.7%
Financial charges65/66B---€250€261€316€302€311▲ 3.0%
Recurring financial charges65€198€199€79€250€261€316€302€311▲ 3.0%
Profit (loss) for the period before taxes9903€5,743€8,601€6,079€7,053€5,900€12,339€5,249€11,922▲ 127%
Income taxes67/77€969€2,562€1,620€1,882€1,575€4,051€1,215€4,060▲ 234%
Profit (loss) for the period9904€4,774€6,039€4,459€5,171€4,326€8,288€4,035€7,862▲ 94.9%
Profit (loss) for the period to be appropriated9905€4,774€6,039€4,459€5,171€4,326€8,288€4,035€7,862▲ 94.9%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€258,123€259,962€265,477€272,377€276,748€287,012€287,953€298,815▲ 3.8%
Fixed assets21/28€71,792€64,027€63,764€62,059€53,608€52,186€68,564€66,210▼ 3.4%
Tangible fixed assets22/27€70,936€63,172€62,909€61,204€52,752€51,330€67,709€65,355▼ 3.5%
Land and buildings22---€61,204€52,752€51,330€67,709€65,355▼ 3.5%
Financial fixed assets28€855€855€855€855€855€855€855€855=
Current assets29/58€186,331€195,936€201,714€210,317€223,140€234,826€219,389€232,605▲ 6.0%
Current investments50/53€180,618€190,783€197,947€205,964€217,945€226,433€216,367€227,042▲ 4.9%
Cash at bank and in hand54/58€5,713€5,153€3,767€4,353€5,196€8,394€3,022€5,563▲ 84.1%
Equity and liabilities
Total equity and liabilities10/49€258,123€259,962€265,477€272,377€276,748€287,012€287,953€298,815▲ 3.8%
Equity10/15€59,611€65,650€70,109€75,280€79,606€87,894€91,929€99,791▲ 8.6%
Contributions10/11€30,987€30,987€30,987€30,987€30,987€30,987€30,987€30,987=
Capital10---€30,987€30,987€30,987€30,987€30,987=
Issued capital100---€30,987€30,987€30,987€30,987€30,987=
Reserves13€28,625€34,663€39,122€44,293€48,619€56,908€60,942€68,805▲ 12.9%
Non-distributable reserves130/1---€3,099€3,099€3,099€3,099€3,099=
Legal reserve130---€3,099€3,099€3,099€3,099€3,099=
Distributable reserves133---€41,195€45,521€53,809€57,843€65,706▲ 13.6%
Amounts payable17/49€198,512€194,312€195,369€197,097€197,142€199,118€196,024€199,024▲ 1.5%
Amounts payable after more than one year17€193,780€193,780€193,780€195,220€195,220€195,220€195,220€195,220=
Other amounts payable178/9---€195,220€195,220€195,220€195,220€195,220=
Amounts payable within one year42/48€939€532€1,589€1,877€1,575€3,898€804€3,804▲ 373%
Trade debts44-------€157-
Suppliers440/4-------€157-
Taxes, remuneration and social security45---€1,877€1,575€3,898€804€3,646▲ 353%
Taxes450/3---€1,877€1,575€3,898€804€3,646▲ 353%
Accrued charges and deferred income492/3----€348----
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€4,774€6,039€4,459€5,171€4,326€8,288€4,035€7,862▲ 94.9%
+ Depreciation and write-downs630€8,725€8,743€9,229€8,782€9,246€4,259€5,186€7,315▲ 41.1%
Operating cash flow (approximation)€13,499€14,782€13,688€13,953€13,572€12,547€9,220€15,177▲ 64.6%
Investment in fixed assets (approximation)--€978-€8,966-€7,078-€795-€2,837-€21,564-€4,961▲ 77.0%
Change in cash--€560-€1,386€586€843€3,198-€5,371€2,541-

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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Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference
31-01-2026 abbreviated format 30-07-2026 2026-00369095
31-01-2025 micro format 22-07-2025 2025-00311634
31-01-2024 micro format 20-08-2024 2024-00357902
31-01-2023 micro format 02-08-2023 2023-00311235
31-01-2022 micro format 20-07-2022 2022-20213842
31-01-2021 full format 25-08-2021 2021-54600406
31-01-2020 full format 28-07-2020 2020-35500056
31-01-2019 full format 26-07-2019 2019-38600367
31-01-2018 full format 13-07-2018 2018-32600246
31-01-2017 full format 22-08-2017 2017-47200198

Show all 34 filings

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