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OPHETHOM

Active
Public limited companyfounded 198243 yrs activeRue de la Princesse(BIN) 19, 7130 Binche, BelgiumKBO/BCE: BE 0423.321.658
Summary

OPHETHOM has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €211,190 and a net result of €934. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability69▼-2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 25.24 against 23.71 in 2023; short-term debt: 3.9% and cash: 66% of total assets), and 3.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 43 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
38 d early
2023
85 d early
2022
83 d early
2021
33 d early
2020
25 d late
2019
42 d early
← 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 42 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 23 June (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 December 1982, OPHETHOM was incorporated.1 Total assets went from EUR 50,437 in 2018 to EUR 219,664 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€211,190▲ 0.4%
2023 · €210,255
Total assets
€219,664▲ 0.3%
2023 · €219,043
Net result
€934▼ 80.6%
2023 · €4,813
Working capital
€205,416▲ 2.9%
2023 · €199,579
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20202021202220232024
Operating result€85,911▲ 56.0%€57,534▼ 33.0%€6,096▼ 89.4%€5,853▼ 4.0%€303▼ 94.8%
Net result€65,336above the sector's middle half▲ 19.5%€37,634above the sector's middle half▼ 42.4%€3,549within the sector's middle half▼ 90.6%€4,813within the sector's middle half▲ 35.6%€934within the sector's middle half▼ 80.6%
Equity€164,259above the sector's middle half▲ 66.0%€201,893above the sector's middle half▲ 22.9%€205,443above the sector's middle half▲ 1.8%€210,255above the sector's middle half▲ 2.3%€211,190above the sector's middle half▲ 0.4%
Total assets€193,183within the sector's middle half▲ 83.6%€244,068within the sector's middle half▲ 26.3%€232,554within the sector's middle half▼ 4.7%€219,043within the sector's middle half▼ 5.8%€219,664within the sector's middle half▲ 0.3%
Debt€28,923▲ 358%€42,175▲ 45.8%€27,111▼ 35.7%€8,787▼ 67.6%€8,474▼ 3.6%
Working capital€164,259above the sector's middle half▲ 66.0%€184,102above the sector's middle half▲ 12.1%€189,864above the sector's middle half▲ 3.1%€199,579above the sector's middle half▲ 5.1%€205,416above the sector's middle half▲ 2.9%
Solvency85.0%above the sector's middle half▼ 9.0pp82.7%above the sector's middle half▼ 2.3pp88.3%above the sector's middle half▲ 5.6pp96.0%above the sector's middle half▲ 7.6pp96.1%above the sector's middle half▲ 0.2pp
Current ratio6.68above the sector's middle half▼ 9.985.37above the sector's middle half▼ 1.318.00above the sector's middle half▲ 2.6423.71above the sector's middle half▲ 15.7125.24above the sector's middle half▲ 1.53
Return on assets (ROA)33.8%above the sector's middle half▼ 18.1pp15.4%above the sector's middle half▼ 18.4pp1.5%within the sector's middle half▼ 13.9pp2.2%within the sector's middle half▲ 0.7pp0.4%within the sector's middle half▼ 1.8pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000Operating result 2020: €85,911€85,911Net result 2020: €65,336€65,336Operating result 2021: €57,534€57,534Net result 2021: €37,634€37,634Operating result 2022: €6,096€6,096Net result 2022: €3,549€3,549Operating result 2023: €5,853€5,853Net result 2023: €4,813€4,813Operating result 2024: €303€303Net result 2024: €934€93420202021202220232024€0€2,000€4,000€6,000Operating result 2022: €6,096€6,100Net result 2022: €3,549€3,550Operating result 2023: €5,853€5,850Net result 2023: €4,813€4,810Operating result 2024: €303€303Net result 2024: €934€934202220232024
The operating result has fallen four years in a row; 2024 is 95% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €219,664
Fixed assets €5,774 ▼ 45.9%
Current assets €213,890 ▲ 2.7%
Equity and liabilities €219,664
Equity €211,190 ▲ 0.4%
Debt €8,474 ▼ 3.6%
Debt's share of the balance-sheet total falls from 4.0% to 3.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€5,205▼
2023 · €10,755
Cash flow
€5,837▼
2023 · €9,715
Quick ratio
25.22▲
2023 · 23.64
Debt to equity
0.04▼
2023 · 0.04
ROE
0.4%▼
2023 · 2.3%
Interest coverage
23.63▼
2023 · 50.45
Debt ≤ 1 year
€8,474▼
2023 · €8,787
Income taxes
€2,322▼
2023 · €3,245
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% 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% 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 0.4% 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 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 17,039 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 · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€219,043€219,664▲
Fixed assets21/28€10,676€5,774▼
Tangible fixed assets22/27€10,676€5,774▼
Furniture and vehicles24€10,676€5,774▼
Current assets29/58€208,367€213,890▲
Stocks and contracts in progress3€673€198▼
Stocks30/36€673€198▼
Amounts receivable within one year40/41€54,038€65,508▲
Trade receivables40€3,733€3,173▼
Other amounts receivable41€50,305€62,335▲
Cash at bank and in hand54/58€151,237€145,011▼
Deferred charges and accrued income490/1€2,419€3,174▲
Equity and liabilities
Total equity and liabilities10/49€219,043€219,664▲
Equity10/15€210,255€211,190▲
Contributions10/11€72,000€72,000=
Capital10€72,000€72,000=
Issued capital100€72,000€72,000=
Reserves13€106,417€107,317▲
Non-distributable reserves130/1€7,200€7,200=
Legal reserve130€7,200€7,200=
Tax-exempt reserves132€14,253€14,253=
Distributable reserves133€84,964€85,864▲
Profit (loss) carried forward14€31,838€31,873▲
Amounts payable17/49€8,787€8,474▼
Amounts payable within one year42/48€8,787€8,474▼
Trade debts44€2,334€5,584▲
Suppliers440/4€2,334€5,584▲
Taxes, remuneration and social security45€6,454€2,890▼
Taxes450/3€6,454€2,890▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,902€4,902=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€899-
Other operating charges640/8€580€599▲
Non-recurring operating charges66A€75-
Gross operating margin9900€12,309€5,805▼
Operating profit (loss)9901€5,853€303▼
Financial income75/76B€2,419€3,175▲
Recurring financial income75€2,419€3,175▲
Financial charges65/66B€213€220▲
Recurring financial charges65€213€220▲
Profit (loss) for the period before taxes9903€8,058€3,257▼
Income taxes67/77€3,245€2,322▼
Profit (loss) for the period9904€4,813€934▼
Profit (loss) for the period to be appropriated9905€4,813€934▼
Appropriation of the result
Profit (loss) to be appropriated9906€36,638€32,773▼
Profit (loss) brought forward from the previous period14P€31,825€31,838=
Transfer to equity691/2€4,800€900▼
To other reserves6921€4,800€900▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4,448€4,486€4,902€4,902=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€5,767€899--
Other operating charges640/8-€972€561€580€599▲ 3.4%
Non-recurring operating charges66A--€116€75--
Gross operating margin9900€86,198€62,954€17,026€12,309€5,805▼ 52.8%
Operating profit (loss)9901€85,911€57,534€6,096€5,853€303▼ 94.8%
Financial income75/76B--€0€2,419€3,175▲ 31.2%
Recurring financial income75--€0€2,419€3,175▲ 31.2%
Financial charges65/66B-€212€199€213€220▲ 3.3%
Recurring financial charges65€280€212€199€213€220▲ 3.3%
Profit (loss) for the period before taxes9903€85,558€57,322€5,898€8,058€3,257▼ 59.6%
Income taxes67/77€20,223€19,689€2,348€3,245€2,322▼ 28.4%
Profit (loss) for the period9904€65,336€37,634€3,549€4,813€934▼ 80.6%
Profit (loss) for the period to be appropriated9905€65,336€37,634€3,549€4,813€934▼ 80.6%
Line20202021202220232024Change
Assets
Total assets20/58€193,183€244,068€232,554€219,043€219,664▲ 0.3%
Fixed assets21/28-€17,792€15,579€10,676€5,774▼ 45.9%
Tangible fixed assets22/27-€17,792€15,579€10,676€5,774▼ 45.9%
Furniture and vehicles24-€17,792€15,579€10,676€5,774▼ 45.9%
Current assets29/58€193,183€226,277€216,976€208,367€213,890▲ 2.7%
Stocks and contracts in progress3€13,756€8,334€647€673€198▼ 70.6%
Stocks30/36-€8,334€647€673€198▼ 70.6%
Amounts receivable within one year40/41€22€6,749€42,062€54,038€65,508▲ 21.2%
Trade receivables40-€6,749€3,089€3,733€3,173▼ 15.0%
Other amounts receivable41--€38,973€50,305€62,335▲ 23.9%
Cash at bank and in hand54/58€179,405€211,194€174,267€151,237€145,011▼ 4.1%
Deferred charges and accrued income490/1---€2,419€3,174▲ 31.2%
Equity and liabilities
Total equity and liabilities10/49€193,183€244,068€232,554€219,043€219,664▲ 0.3%
Equity10/15€164,259€201,893€205,443€210,255€211,190▲ 0.4%
Contributions10/11€72,000€72,000€72,000€72,000€72,000=
Capital10-€72,000€72,000€72,000€72,000=
Issued capital100-€72,000€72,000€72,000€72,000=
Reserves13€61,117€98,117€101,617€106,417€107,317▲ 0.8%
Non-distributable reserves130/1-€7,200€7,200€7,200€7,200=
Legal reserve130-€7,200€7,200€7,200€7,200=
Tax-exempt reserves132-€14,253€14,253€14,253€14,253=
Distributable reserves133-€76,664€80,164€84,964€85,864▲ 1.1%
Profit (loss) carried forward14€31,142€31,776€31,825€31,838€31,873▲ 0.1%
Amounts payable17/49€28,923€42,175€27,111€8,787€8,474▼ 3.6%
Amounts payable within one year42/48€28,923€42,175€27,111€8,787€8,474▼ 3.6%
Trade debts44€1,670€1,597€746€2,334€5,584▲ 139%
Suppliers440/4-€1,597€746€2,334€5,584▲ 139%
Taxes, remuneration and social security45-€40,495€22,681€6,454€2,890▼ 55.2%
Taxes450/3-€40,495€22,681€6,454€2,890▼ 55.2%
Other amounts payable47/48-€83€3,684---
Line20202021202220232024Change
Profit (loss) for the period9904€65,336€37,634€3,549€4,813€934▼ 80.6%
+ Depreciation and write-downs630-€4,448€4,486€4,902€4,902=
Operating cash flow (approximation)€65,336€42,082€8,035€9,715€5,837▼ 39.9%
Investment in fixed assets (approximation)---€2,273€0€0-
Change in cash-€31,789-€36,927-€23,029-€6,227▲ 73.0%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €934 ▼80.6%
Net result drops to €934, the lowest in the series.
07-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity triplescurrent ratio 23.71
Current ratio from 8.00 to 23.71; short-term debt falls from €27,111 to €8,787.
09-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €200,000Eq €201,893 ▲22.9%
4 profitable years in a row build equity to €201,893.
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial Highest result since 2018net €65,336 ▲19.5%
Operating result €85,911, net result €65,336, both a record.
31-12
Financial Equity above €150,000Eq €164,259 ▲66%
3 profitable years in a row build equity to €164,259.
19-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial Liquidity doublescurrent ratio 16.66
Current ratio from 8.13 to 16.66.
05-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
10-05
NBB filing Annual accounts filed
fiscal year 2016 · full 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Binche · 1 establishment unit since 1983
seat establishment The establishment unit on the map
Ground area
1,947 m²
Building footprint
284 m²
Volume, LiDAR
1,561 m³
Parcel 56011D0122/00G004, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Princesse(BIN) 19, 7130 Binche
NACE 51450
since 19832.021.409.229
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56011D0122/00G004 Wallonia 1,947 m² 1 · 284 m² 7.1 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.

Recognitions · licences · registrations

Legal Entity Identifier

6488A104UT74CCIM7991
live in the LEI register

Similar companies · same sector, comparable size

Of 798 companies in sector 46450 we hold annual accounts for 453. 328 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
Founded20-12-1982
Fiscal year end31-12
Activities, NACEBEL 2025
46450Wholesale of perfume and cosmetics
E-invoicing
Reachable via Peppol
Peppol ID 0208:0423321658
Registered 08-10-2025

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.