OPAS
ActiveSummary
The computed 12-month bankruptcy probability of OPAS is 7.1% (elevated). The 2020 annual accounts show equity of €21,616 and a net result of €5,899. Equity is growing by ~22.2% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability70▲+1
Solvency29▲+1
Growth85▲+17
Track record92
Bankruptcy probability, 12 months
7.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020Solvency, return and age of the figures
Solvency
4.2%
Return on assets
1.1%
Age of the figures
69 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 07-09-2021, 38 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
38 d late
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 1 day after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
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Financials · fiscal year 2020, micro schema
Turnover
€20,000▲ 7.2%
2019 · €18,650
EBIT margin
44.0%▲ 32.4pp
2019 · 11.6%
Net result
€5,899▲ 447%
2019 · €1,079
Working capital
-€494,593▲ 1.9%
2019 · -€504,393
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
Line201820192020
Turnover€11,800-€18,650▲ 58.1%€20,000▲ 7.2%
Operating result€2,185-€2,172▼ 0.6%€8,807▲ 306%
Net result€1,881-€1,079▼ 42.6%€5,899▲ 447%
EBIT margin18.5%-11.6%▼ 6.9pp44.0%▲ 32.4pp
Equity€14,639-€15,717▲ 7.4%€21,616▲ 37.5%
Total assets€527,817-€521,209▼ 1.3%€516,704▼ 0.9%
Debt€513,179-€505,492▼ 1.5%€495,088▼ 2.1%
Working capital-€509,372--€504,393▲ 1.0%-€494,593▲ 1.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 306% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €516,704
Fixed assets
€516,209 ▼ 0.7%
Current assets
€494 ▼ 55.0%
Equity and liabilities €516,704
Equity
€21,616 ▲ 37.5%
Debt
€495,088 ▼ 2.1%
Debt's share of the balance-sheet total falls from 97.0% to 95.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12,708▲
2019 · €6,073
Cash flow
€9,799▲
2019 · €4,980
Current ratio
0.00▼
2019 · 0.00
ROE
27.3%▲
2019 · 6.9%
ROA
1.1%▲
2019 · 0.2%
Debt ≤ 1 year
€495,088▼
2019 · €505,492
Income taxes
€2,861▲
2019 · €1,052
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €11,800 | €18,650 | €20,000 | ▲ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3,901 | €3,901 | = |
| Gross operating margin9900 | €2,701 | €6,679 | €13,246 | ▲ 98.3% |
| Operating profit (loss)9901 | €2,185 | €2,172 | €8,807 | ▲ 306% |
| Recurring financial charges65 | €42 | €41 | €47 | ▲ 15.0% |
| Profit (loss) for the period before taxes9903 | €2,143 | €2,131 | €8,760 | ▲ 311% |
| Income taxes67/77 | €263 | €1,052 | €2,861 | ▲ 172% |
| Profit (loss) for the period9904 | €1,881 | €1,079 | €5,899 | ▲ 447% |
| Profit (loss) for the period to be appropriated9905 | €1,881 | €1,079 | €5,899 | ▲ 447% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €527,817 | €521,209 | €516,704 | ▼ 0.9% |
| Formation expenses20 | €0 | €0 | €0 | = |
| Fixed assets21/28 | €524,011 | €520,110 | €516,209 | ▼ 0.7% |
| Tangible fixed assets22/27 | €524,011 | €520,110 | €516,209 | ▼ 0.7% |
| Current assets29/58 | €3,806 | €1,099 | €494 | ▼ 55.0% |
| Amounts receivable within one year40/41 | €3,672 | €1,058 | €329 | ▼ 68.9% |
| Cash at bank and in hand54/58 | €134 | €41 | €166 | ▲ 301% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €527,817 | €521,209 | €516,704 | ▼ 0.9% |
| Equity10/15 | €14,639 | €15,717 | €21,616 | ▲ 37.5% |
| Contributions10/11 | €20,000 | €20,000 | - | - |
| Profit (loss) carried forward14 | -€5,361 | -€4,283 | €1,616 | ▲ 138% |
| Amounts payable17/49 | €513,179 | €505,492 | €495,088 | ▼ 2.1% |
| Amounts payable within one year42/48 | €513,179 | €505,492 | €495,088 | ▼ 2.1% |
| Trade debts44 | €3,315 | €7,170 | €8,490 | ▲ 18.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,881 | €1,079 | €5,899 | ▲ 447% |
| + Depreciation and write-downs630 | - | €3,901 | €3,901 | = |
| Operating cash flow (approximation) | €1,881 | €4,980 | €9,799 | ▲ 96.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€93 | €125 | ▲ 234% |
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
08-09
KBO administration
Late accounts filing
2021
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
2020
31-12
Financial
Highest result since 2018net €5,899 ▲447%
Operating result €8,807, net result €5,899, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €1,079 ▼42.6%
Net result drops to €1,079, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
15-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Namur
Ground area
168 m²
Building footprint
58 m²
Parcel 92067B0573/00_000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92067B0573/00_000 | Wallonia | 168 m² | 1 · 58 m² | - |
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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-01-2014
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.