Summary
OPCO has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €39.7m and a net result of -€750,574. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 71% of 3241 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
29 d early
2023
23 d early
2022
17 d early
2021
72 d early
2020
27 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 8 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#3 company by total assets in Sint-Niklaas, Professional and technical services sector#4 company by equity in Sint-Niklaas, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€750,574
2024 · €3.6m
Working capital
€11.4m▼ 22.0%
2024 · €14.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€51,760▲ 104%€8,539▼ 83.5%-€267,960€76,588-€88,655
Net result€2.0mabove the sector's middle half▲ 13,879%€61,169within the sector's middle half▼ 97.0%€1.2mabove the sector's middle half▲ 1,844%€3.6mabove the sector's middle half▲ 203%-€750,574below the sector's middle half
Equity€38.2mabove the sector's middle half▲ 26.6%€36.8mabove the sector's middle half▼ 3.8%€37.0mabove the sector's middle half▲ 0.5%€40.5mabove the sector's middle half▲ 9.5%€39.7mabove the sector's middle half▼ 1.9%
Total assets€39.7mabove the sector's middle half▲ 30.2%€44.7mabove the sector's middle half▲ 12.6%€53.7mabove the sector's middle half▲ 20.2%€55.0mabove the sector's middle half▲ 2.4%€52.3mabove the sector's middle half▼ 4.8%
Debt€1.4m▲ 397%€7.9m▲ 448%€16.7m▲ 112%€14.5m▼ 13.4%€12.6m▼ 12.9%
Working capital€5.7mabove the sector's middle half▲ 490%€9.1mabove the sector's middle half▲ 59.5%€11.1mabove the sector's middle half▲ 22.7%€14.6mabove the sector's middle half▲ 31.0%€11.4mabove the sector's middle half▼ 22.0%
Solvency96.4%above the sector's middle half▼ 2.7pp82.3%above the sector's middle half▼ 14.0pp68.8%within the sector's middle half▼ 13.5pp73.6%within the sector's middle half▲ 4.8pp75.9%within the sector's middle half▲ 2.3pp
Current ratio5.07above the sector's middle half▼ 1.794.36above the sector's middle half▼ 0.712.15within the sector's middle half▼ 2.213.14within the sector's middle half▲ 0.992.86within the sector's middle half▼ 0.28
Return on assets (ROA)5.1%within the sector's middle half▲ 5.1pp0.1%below the sector's middle half▼ 5.0pp2.2%within the sector's middle half▲ 2.1pp6.6%within the sector's middle half▲ 4.3pp-1.4%below the sector's middle half▼ 8.0pp
Staff (FTE)3.2within the sector's middle half▲ 146%3.4within the sector's middle half▲ 6.3%3.8above the sector's middle half▲ 11.8%4.5above the sector's middle half▲ 18.4%4.2within the sector's middle half▼ 6.7%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €88,655 after €76,588 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52.3m
Fixed assets
€34.8m ▲ 3.8%
Current assets
€17.5m ▼ 18.2%
Equity and liabilities €52.3m
Equity
€39.7m ▼ 1.9%
Debt
€12.6m ▼ 12.9%
Debt's share of the balance-sheet total falls from 26.4% to 24.1%. Equity and debt are lower.
Key figures and ratios
ROE
-1.9%▼
2024 · 8.9%
Debt ≤ 1 year
€6.1m▼
2024 · €6.8m
Debt > 1 year
€6.5m▼
2024 · €7.1m
Income taxes
€556▼
2024 · €1,555
Staff costs
€412,327▼
2024 · €417,055
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €195,706 | €260,992 | €350,150 | €417,055 | €412,327 | ▼ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,201 | €16,443 | €17,168 | €17,168 | €17,168 | = |
| Other operating charges640/8 | €3,758 | €1,546 | €3,176 | €2,360 | €4,320 | ▲ 83.1% |
| Gross operating margin9900 | €256,424 | €287,520 | €102,534 | €513,171 | €345,161 | ▼ 32.7% |
| Operating profit (loss)9901 | €51,760 | €8,539 | -€267,960 | €76,588 | -€88,655 | ▼ 216% |
| Financial income75/76B | €2.0m | €228,947 | €2.3m | €4.3m | €762,654 | ▼ 82.1% |
| Recurring financial income75 | €2.0m | €228,947 | €2.3m | €4.3m | €762,654 | ▼ 82.1% |
| Financial charges65/66B | €2,684 | €150,772 | €840,976 | €720,227 | €1.4m | ▲ 97.7% |
| Recurring financial charges65 | €2,450 | €150,772 | €840,976 | €720,227 | €1.4m | ▲ 97.7% |
| Non-recurring financial charges66B | €234 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €2.0m | €86,715 | €1.2m | €3.6m | -€750,018 | ▼ 121% |
| Income taxes67/77 | €15,563 | €25,546 | €2,804 | €1,555 | €556 | ▼ 64.3% |
| Profit (loss) for the period9904 | €2.0m | €61,169 | €1.2m | €3.6m | -€750,574 | ▼ 121% |
| Profit (loss) for the period to be appropriated9905 | €2.0m | €61,169 | €1.2m | €3.6m | -€750,574 | ▼ 121% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39.7m | €44.7m | €53.7m | €55.0m | €52.3m | ▼ 4.8% |
| Fixed assets21/28 | €32.6m | €32.9m | €32.9m | €33.5m | €34.8m | ▲ 3.8% |
| Intangible fixed assets21 | €9,686 | €15,800 | €11,786 | €700,785 | €2.0m | ▲ 180% |
| Tangible fixed assets22/27 | €14,068 | €70,819 | €47,146 | €33,991 | €20,836 | ▼ 38.7% |
| Plant, machinery and equipment23 | - | €4,124 | €3,240 | €2,357 | €1,473 | ▼ 37.5% |
| Furniture and vehicles24 | €14,068 | €66,695 | €43,906 | €31,635 | €19,363 | ▼ 38.8% |
| Financial fixed assets28 | €32.6m | €32.8m | €32.8m | €32.8m | €32.8m | ▲ 0.1% |
| Current assets29/58 | €7.1m | €11.8m | €20.8m | €21.4m | €17.5m | ▼ 18.2% |
| Amounts receivable after more than one year29 | - | €1.2m | €11.2m | €12.2m | €10.3m | ▼ 15.8% |
| Other amounts receivable291 | - | €1.2m | €11.2m | €12.2m | €10.3m | ▼ 15.8% |
| Amounts receivable within one year40/41 | €1.4m | €8.0m | €2.7m | €7.2m | €3.6m | ▼ 49.6% |
| Trade receivables40 | €478,740 | €471,538 | €165,237 | €372,530 | €115,435 | ▼ 69.0% |
| Other amounts receivable41 | €955,501 | €7.6m | €2.5m | €6.9m | €3.5m | ▼ 48.6% |
| Current investments50/53 | - | €1.4m | €3.0m | €1.0m | €2.8m | ▲ 180% |
| Cash at bank and in hand54/58 | €5.7m | €999,250 | €3.8m | €796,507 | €523,523 | ▼ 34.3% |
| Deferred charges and accrued income490/1 | - | €180,421 | €87,724 | €139,315 | €237,917 | ▲ 70.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39.7m | €44.7m | €53.7m | €55.0m | €52.3m | ▼ 4.8% |
| Equity10/15 | €38.2m | €36.8m | €37.0m | €40.5m | €39.7m | ▼ 1.9% |
| Contributions10/11 | €36.2m | €36.2m | €36.2m | €36.2m | €36.2m | = |
| Capital10 | €36.2m | €36.2m | €36.2m | €36.2m | €36.2m | = |
| Issued capital100 | €36.2m | €36.2m | €36.2m | €36.2m | €36.2m | = |
| Reserves13 | €2.1m | €610,427 | €790,890 | €4.3m | €3.6m | ▼ 17.4% |
| Non-distributable reserves130/1 | €123,654 | €123,654 | €183,098 | €363,361 | €363,361 | = |
| Legal reserve130 | €123,654 | €123,654 | €183,098 | €363,361 | €363,361 | = |
| Distributable reserves133 | €1.9m | €486,773 | €607,792 | €3.9m | €3.2m | ▼ 19.1% |
| Amounts payable17/49 | €1.4m | €7.9m | €16.7m | €14.5m | €12.6m | ▼ 12.9% |
| Amounts payable after more than one year17 | €41,864 | €5.2m | €7.0m | €7.1m | €6.5m | ▼ 8.3% |
| Financial debts170/4 | €41,864 | €5.2m | €7.0m | €7.1m | €6.5m | ▼ 8.3% |
| Amounts payable within one year42/48 | €1.4m | €2.7m | €9.7m | €6.8m | €6.1m | ▼ 10.2% |
| Current portion of amounts payable after more than one year42 | €83,189 | €586,545 | €557,387 | €571,061 | €584,730 | ▲ 2.4% |
| Financial debts43 | - | - | €7.3m | €5.2m | €4.8m | ▼ 8.8% |
| Credit institutions430/8 | - | - | €7.3m | €5.2m | €4.8m | ▼ 8.8% |
| Trade debts44 | €210,728 | €327,944 | €461,200 | €368,202 | €470,561 | ▲ 27.8% |
| Suppliers440/4 | €210,728 | €327,944 | €461,200 | €368,202 | €470,561 | ▲ 27.8% |
| Taxes, remuneration and social security45 | €32,715 | €53,511 | €58,454 | €45,202 | €40,852 | ▼ 9.6% |
| Taxes450/3 | €23,110 | €41,201 | €25,643 | - | - | - |
| Remuneration and social security454/9 | €9,605 | €12,309 | €32,811 | €45,202 | €40,852 | ▼ 9.6% |
| Other amounts payable47/48 | €1.1m | €1.7m | €1.3m | €621,784 | €276,941 | ▼ 55.5% |
| Accrued charges and deferred income492/3 | - | - | €6,523 | €595,734 | €535 | ▼ 99.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.0m | €61,169 | €1.2m | €3.6m | -€750,574 | ▼ 121% |
| + Depreciation and write-downs630 | €5,201 | €16,443 | €17,168 | €17,168 | €17,168 | = |
| Operating cash flow (approximation) | €2.0m | €77,612 | €1.2m | €3.6m | -€733,406 | ▼ 120% |
| Investment in fixed assets (approximation) | - | -€329,307 | €10,518 | -€693,012 | -€1.3m | ▼ 86.3% |
| Change in cash | - | -€4.7m | €2.8m | -€3.0m | -€272,984 | ▲ 90.9% |
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
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€750,574
Net result drops to -€750,574, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €3.6m ▲203%
Operating result €76,588, net result €3.6m, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
10-01
State Gazette act
General meeting · Purpose change
Statutes amendment · Capital
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Equity above €25mEq €30.2m ▲2,539%
3 profitable years in a row build equity to €30.2m.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB 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, Sint-Niklaas · 1 establishment unit since 1998
Ground area
4,409 m²
Building footprint
2,888 m²
Volume, LiDAR
17,268 m³
Parcel 46442C0192/00N000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Europark-Oost 6, 9100 Sint-Niklaas
since 19982.086.458.617
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0192/00N000 | Flanders | 4,409 m² | 1 · 2,888 m² | 7.5 m · 2 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.
Structure & network
Owners and holdings
3 owners · 10 holdingsOwners 3
-
33.33%
- Sourceaccounts Ervé 30-09-202533.33%
-
33.33%
Holdings 10
-
100%
-
100%
-
100%
-
100%
-
100%
-
100%
-
100%
-
100%
-
100%
-
1.39%
According to the 2025 annual accounts of OPCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 257 EUR awarded · 257 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 143 EUR | 143 EUR |
| 2024 | 1 | 114 EUR | 114 EUR |
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,623. 2,369 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-04-1998
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
70200Business and other management consultancy
43990Other specialised construction activities
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463091262
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.