OPDEL
ActiveSummary
OPDEL has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €525,906. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 78% of 10485 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-15
Solvency91▼-3
Growth71=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200,000 at 30 days acceptable
Liquidity ample (current ratio 2.63 against 3.03 in 2024; short-term debt: 34.1% and cash: 15.2% of total assets), and 34.2% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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 2025Solvency, return and age of the figures
Solvency
65.8%
Return on assets
13%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 30-09-2025, 30 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
2026
not confirmed
2025
30 d late
2024
30 d late
2023
33 d late
2022
20 d late
2021
on the day
2020
57 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 28 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 employer in Opwijk, Wholesale and retail trade sector#5 company by equity in Opwijk, Wholesale and retail trade sector#6 company by total assets in Opwijk, Wholesale and retail trade sector
Turnover
€12.0m▼ 2.7%
2022 · €12.4m
EBIT margin
2.5%▲ 0.6pp
2022 · 1.9%
Net result
€525,906▼ 64.1%
2024 · €1.5m
Working capital
€2.2m▼ 3.0%
2024 · €2.3m
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
Line20212022202320242025
Turnover€12.8m▲ 32.1%€12.4m▼ 3.1%€12.0m▼ 2.7%
Operating result€651,261▲ 74.1%€229,969▼ 64.7%€294,979▲ 28.3%€1.9m▲ 546%€557,454▼ 70.7%
Net result€469,381▲ 95.6%€190,691▼ 59.4%€208,186▲ 9.2%€1.5m▲ 603%€525,906▼ 64.1%
EBIT margin5.1%▲ 1.2pp1.9%▼ 3.2pp2.5%▲ 0.6pp
Equity€928,865▲ 22.3%€1.1m▲ 20.5%€1.3m▲ 18.6%€2.6m▲ 96.7%€2.7m▲ 1.8%
Total assets€2.5m▲ 17.9%€2.3m▼ 8.2%€2.7m▲ 18.8%€3.8m▲ 38.0%€4.0m▲ 6.9%
Debt€1.6m▲ 15.4%€1.2m▼ 25.1%€1.4m▲ 18.9%€1.2m▼ 17.3%€1.4m▲ 18.3%
Working capital€816,739▲ 13.2%€835,417▲ 2.3%€949,990▲ 13.7%€2.3m▲ 144%€2.2m▼ 3.0%
Staff (FTE)2831.1▲ 11.1%30.3▼ 2.6%26▼ 14.2%32.2▲ 23.8%
Why a figure moved sharply
- 2024 Net result +603% on 2023. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.0m
Fixed assets
€411,553 ▲ 29.7%
Current assets
€3.6m ▲ 4.8%
Equity and liabilities €4.0m
Equity
€2.7m ▲ 1.8%
Debt
€1.4m ▲ 18.3%
Debt's share of the balance-sheet total rises from 30.9% to 34.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€616,490▼
2024 · €2.0m
Cash flow
€584,941▼
2024 · €1.6m
Current ratio
2.63▼
2024 · 3.03
Quick ratio
2.20▼
2024 · 2.52
Debt to equity
0.52▲
2024 · 0.45
ROE
19.8%▼
2024 · 56.1%
ROA
13.0%▼
2024 · 38.8%
Interest coverage
33.13▼
2024 · 121.18
Debt ≤ 1 year
€1.4m▲
2024 · €1.1m
Income taxes
€12,942▼
2024 · €442,123
Staff costs
€1.2m▲
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 17,792 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €12.4m | €12.0m | - | - | - |
| Turnover70 | €12.8m | €12.4m | €12.0m | - | - | - |
| Other operating income74 | - | €17,057 | €22,128 | - | - | - |
| Operating charges60/66A | - | €12.1m | €11.7m | - | - | - |
| Goods for resale, raw materials and consumables60 | - | €9.9m | €9.6m | - | - | - |
| Purchases600/8 | - | €9.9m | €9.6m | - | - | - |
| Change in stocks: decrease (increase)609 | - | -€2,283 | -€38,143 | - | - | - |
| Services and other goods61 | - | €971,282 | €1.1m | - | - | - |
| Remuneration, social security and pensions62 | - | €969,915 | €946,100 | €1.0m | €1.2m | ▲ 15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €101,832 | €105,975 | €128,168 | €131,595 | €59,035 | ▼ 55.1% |
| Other operating charges640/8 | - | €26,257 | €27,210 | €3,261 | €13,042 | ▲ 300% |
| Non-recurring operating charges66A | - | €202,098 | €0 | - | - | - |
| Gross operating margin9900 | - | - | - | €3.0m | €1.8m | ▼ 41.1% |
| Operating profit (loss)9901 | €651,261 | €229,969 | €294,979 | €1.9m | €557,454 | ▼ 70.7% |
| Financial income75/76B | - | €44,475 | €5,504 | €18,383 | €0 | ▼ 100% |
| Recurring financial income75 | €1,897 | €44,475 | €5,504 | €18,383 | €0 | ▼ 100% |
| Income from current assets751 | - | €4,643 | €3,737 | - | - | - |
| Other financial income752/9 | - | €39,832 | €1,768 | - | - | - |
| Financial charges65/66B | - | €23,421 | €21,923 | €16,804 | €18,606 | ▲ 10.7% |
| Recurring financial charges65 | €22,241 | €23,421 | €21,923 | €16,804 | €18,606 | ▲ 10.7% |
| Debt charges650 | €4,445 | €5,230 | €2,235 | - | - | - |
| Other financial charges652/9 | - | €18,192 | €19,687 | - | - | - |
| Profit (loss) for the period before taxes9903 | €630,917 | €251,023 | €278,560 | €1.9m | €538,848 | ▼ 71.7% |
| Income taxes67/77 | €161,536 | €60,331 | €70,374 | €442,123 | €12,942 | ▼ 97.1% |
| Taxes670/3 | - | €60,331 | €70,374 | - | - | - |
| Profit (loss) for the period9904 | €469,381 | €190,691 | €208,186 | €1.5m | €525,906 | ▼ 64.1% |
| Profit (loss) for the period to be appropriated9905 | €469,381 | €190,691 | €208,186 | €1.5m | €525,906 | ▼ 64.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.5m | €2.3m | €2.7m | €3.8m | €4.0m | ▲ 6.9% |
| Fixed assets21/28 | €360,971 | €430,816 | €421,130 | €317,371 | €411,553 | ▲ 29.7% |
| Intangible fixed assets21 | €1 | €17,497 | €13,469 | €6,249 | €2,475 | ▼ 60.4% |
| Tangible fixed assets22/27 | €356,638 | €408,157 | €401,723 | €309,726 | €407,682 | ▲ 31.6% |
| Plant, machinery and equipment23 | - | €222,913 | €173,916 | €112,437 | €192,171 | ▲ 70.9% |
| Furniture and vehicles24 | - | €1,403 | €1,309 | €6,628 | €50,159 | ▲ 657% |
| Other tangible fixed assets26 | - | €183,841 | €226,498 | €190,661 | €165,352 | ▼ 13.3% |
| Financial fixed assets28 | €4,332 | €5,162 | €5,938 | €1,396 | €1,396 | = |
| Other financial fixed assets284/8 | - | €5,162 | €5,938 | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €5,162 | €5,938 | - | - | - |
| Current assets29/58 | €2.1m | €1.9m | €2.3m | €3.5m | €3.6m | ▲ 4.8% |
| Amounts receivable after more than one year29 | - | - | - | - | €2.2m | - |
| Other amounts receivable291 | - | - | - | - | €2.2m | - |
| Stocks and contracts in progress3 | €512,656 | €514,939 | €553,082 | €579,609 | €599,770 | ▲ 3.5% |
| Stocks30/36 | - | €514,939 | €553,082 | €579,609 | €599,770 | ▲ 3.5% |
| Raw materials and consumables30/31 | - | €9,219 | €19,704 | - | - | - |
| Goods purchased for resale34 | - | €505,720 | €533,378 | - | - | - |
| Amounts receivable within one year40/41 | €889,843 | €825,796 | €868,590 | €868,315 | €191,290 | ▼ 78.0% |
| Trade receivables40 | - | €243,588 | €268,176 | €317,262 | €123,816 | ▼ 61.0% |
| Other amounts receivable41 | - | €582,207 | €600,414 | €551,053 | €67,473 | ▼ 87.8% |
| Current investments50/53 | €250,000 | €96,427 | €98,532 | €0 | - | - |
| Other investments51/53 | - | €96,427 | €98,532 | - | - | - |
| Cash at bank and in hand54/58 | €293,058 | €407,485 | €793,011 | €2.0m | €613,254 | ▼ 69.5% |
| Deferred charges and accrued income490/1 | - | €29,198 | €2,517 | €0 | €44 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.5m | €2.3m | €2.7m | €3.8m | €4.0m | ▲ 6.9% |
| Equity10/15 | €928,865 | €1.1m | €1.3m | €2.6m | €2.7m | ▲ 1.8% |
| Contributions10/11 | - | €240,000 | €240,000 | €240,000 | €240,000 | = |
| Reserves13 | €688,865 | €879,557 | €1.1m | €2.4m | €2.4m | ▲ 1.9% |
| Non-distributable reserves130/1 | - | €13,977 | €13,977 | €13,977 | €2.3m | ▲ 16,390% |
| Reserves not available under the articles1311 | - | €13,977 | €13,977 | €13,977 | €13,977 | = |
| Financial assistance1313 | - | - | - | - | €2.3m | - |
| Distributable reserves133 | - | €865,580 | €1.1m | €2.4m | €113,001 | ▼ 95.2% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €1.6m | €1.2m | €1.4m | €1.2m | €1.4m | ▲ 18.3% |
| Amounts payable after more than one year17 | €248,845 | €146,675 | €43,377 | €0 | - | - |
| Financial debts170/4 | - | €146,675 | €43,377 | €0 | - | - |
| Credit institutions173 | - | €146,675 | €43,377 | - | - | - |
| Amounts payable within one year42/48 | €1.3m | €1.0m | €1.4m | €1.1m | €1.4m | ▲ 20.5% |
| Current portion of amounts payable after more than one year42 | - | €102,169 | €103,299 | €43,377 | €0 | ▼ 100% |
| Financial debts43 | - | - | €10 | €0 | - | - |
| Credit institutions430/8 | - | - | €10 | €0 | - | - |
| Trade debts44 | €713,616 | €765,434 | €1.1m | €656,358 | €699,119 | ▲ 6.5% |
| Suppliers440/4 | - | €765,434 | €1.1m | €656,358 | €699,119 | ▲ 6.5% |
| Taxes, remuneration and social security45 | - | €170,825 | €175,839 | €263,671 | €194,810 | ▼ 26.1% |
| Taxes450/3 | - | €37,426 | €25,652 | €79,541 | €19,027 | ▼ 76.1% |
| Remuneration and social security454/9 | - | €133,399 | €150,187 | €184,130 | €175,783 | ▼ 4.5% |
| Other amounts payable47/48 | - | €0 | €17,314 | €180,000 | €483,600 | ▲ 169% |
| Accrued charges and deferred income492/3 | - | - | - | €22,000 | €1,604 | ▼ 92.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €469,381 | €190,691 | €208,186 | €1.5m | €525,906 | ▼ 64.1% |
| + Depreciation and write-downs630 | €101,832 | €105,975 | €128,168 | €131,595 | €59,035 | ▼ 55.1% |
| Operating cash flow (approximation) | €571,213 | €296,666 | €336,354 | €1.6m | €584,941 | ▼ 63.3% |
| Investment in fixed assets (approximation) | - | -€175,820 | -€118,482 | -€27,836 | -€153,217 | ▼ 450% |
| Change in cash | - | €114,427 | €385,526 | €1.2m | -€1.4m | ▼ 215% |
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
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
31-01
Financial
Highest result since 2019net €1.5m ▲603%
Operating result €1.9m, net result €1.5m, both a record.
31-01
Financial
Equity above €2mEq €2.6m ▲96.7%
6 profitable years in a row build equity to €2.6m.
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 33 days late
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 20 days late
31-01
Financial
Equity above €1mEq €1.1m ▲20.5%
4 profitable years in a row build equity to €1.1m.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 57 days late
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Opwijk · 1 establishment unit since 2016
Ground area
7,151 m²
Building footprint
2,861 m²
Volume, LiDAR
8,193 m³
Parcel 23752G0650/00A000, Flanders · tallest building 7.1 m. Linked by address, not a title deed.
1 establishment unit
OPDEL
since 20162.252.115.019
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23752G0650/00A000 | Flanders | 7,151 m² | 1 · 2,861 m² | 7.1 m |
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
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
- Sourceown accounts 31-01-202333.33%
Holdings 0
The accounts to 31-01-2023 list no holdings, and no other source names one.
According to the annual accounts to 31-01-2023 of OPDEL 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
2022 to 2025 · 5 entries · 5,581 EUR awarded · 5,581 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 2 | 4,247 EUR | 4,247 EUR |
| 2023 | 1 | 783 EUR | 1,158 EUR |
| 2022 | 1 | 375 EUR | 0 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteOpwijk2.252.115.019
Dual-learning approval
4 live approvals · 6 endedKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Show 6 ended approvals
Aanvuller (so)
Kassier (so)
Verkoper (so)
Winkelbediende (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,850. 1,244 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
Founded18-03-2016
Fiscal year end31-01
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0650570189
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.