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OPIFEX

Active
Public limited companyfounded 1993active for 33 yearsChaussée du Roeulx 350, 7000 Mons, BelgiumKBO/BCE: BE 0450.434.247
Summary

OPIFEX has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131,379 and a net result of €38,734. Equity is growing by about 39% per year across the filed financial years. Its solvency ranks better than 47% of 2,291 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€131,379▲ 41.8%
2024 · €92,645
Total assets
€319,764▲ 55.9%
2024 · €205,137
Net result
€38,734▲ 58,129%
2024 · €67
Working capital
€162,616▲ 106%
2024 · €78,944
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 856% above 2024 and is the highest result in the available series.

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

Operating result€62,839 2025 Net result€38,734 2025

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

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€2,095-€6,595▲ 215%€10,167▲ 54.2%€38,138▲ 275%€46,999▲ 23.2%€6,573▼ 86.0%€62,839▲ 856%
Net result€1,505-€5,299within the sector's middle half▲ 252%€8,889within the sector's middle half▲ 67.8%€23,827within the sector's middle half▲ 168%€34,428above the sector's middle half▲ 44.5%€67below the sector's middle half▼ 99.8%€38,734above the sector's middle half▲ 58,129%
Equity€20,135-€25,434within the sector's middle half▲ 26.3%€34,324within the sector's middle half▲ 34.9%€58,151within the sector's middle half▲ 69.4%€92,578within the sector's middle half▲ 59.2%€92,645within the sector's middle half▲ 0.1%€131,379within the sector's middle half▲ 41.8%
Total assets€74,236-€81,213below the sector's middle half▲ 9.4%€109,874within the sector's middle half▲ 35.3%€170,598within the sector's middle half▲ 55.3%€200,214within the sector's middle half▲ 17.4%€205,137within the sector's middle half▲ 2.5%€319,764within the sector's middle half▲ 55.9%
Debt€54,101-€55,778▲ 3.1%€75,550▲ 35.4%€112,447▲ 48.8%€107,635▼ 4.3%€112,492▲ 4.5%€148,742▲ 32.2%
Working capital€3,008-€8,430within the sector's middle half▲ 180%€14,952within the sector's middle half▲ 77.4%€40,783within the sector's middle half▲ 173%€85,548within the sector's middle half▲ 110%€78,944within the sector's middle half▼ 7.7%€162,616above the sector's middle half▲ 106%
Solvency27.1%-31.3%within the sector's middle half▲ 4.2pp31.2%within the sector's middle half▼ 0.1pp34.1%within the sector's middle half▲ 2.8pp46.2%within the sector's middle half▲ 12.2pp45.2%within the sector's middle half▼ 1.1pp41.1%within the sector's middle half▼ 4.1pp
Current ratio1.09-1.27within the sector's middle half▲ 0.181.32within the sector's middle half▲ 0.051.41within the sector's middle half▲ 0.091.82within the sector's middle half▲ 0.411.71within the sector's middle half▼ 0.112.09within the sector's middle half▲ 0.39
Return on assets (ROA)2.0%-6.5%within the sector's middle half▲ 4.5pp8.1%within the sector's middle half▲ 1.6pp14.0%within the sector's middle half▲ 5.9pp17.2%above the sector's middle half▲ 3.2pp0.0%below the sector's middle half▼ 17.2pp12.1%within the sector's middle half▲ 12.1pp
Staff (FTE)2
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €319,764
Fixed assets €8,630 ▼ 42.4%
Current assets €311,133 ▲ 63.6%
Equity and liabilities €319,764
Equity €131,379 ▲ 41.8%
Provisions €39,643
Debt €148,742 ▲ 32.2%
Debt's share of the balance-sheet total falls from 54.8% to 46.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€69,196▲
2024 · €16,448
Cash flow
€45,090▲
2024 · €9,942
Debt to equity
1.13▼
2024 · 1.21
ROE
29.5%▲
2024 · 0.1%
Interest coverage
84.67▲
2024 · 16.98
Debt ≤ 1 year
€148,517▲
2024 · €111,206
Income taxes
€23,629▲
2024 · €5,807
Staff costs
€70,091▼
2024 · €72,717
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% 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 497,473 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% 1.8%
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 31,372 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 · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€205,137€319,764▲
Fixed assets21/28€14,987€8,630▼
Tangible fixed assets22/27€14,261€7,904▼
Plant, machinery and equipment23€2,498€1,665▼
Furniture and vehicles24€11,763€6,239▼
Financial fixed assets28€726€726=
Current assets29/58€190,150€311,133▲
Amounts receivable after more than one year29€6,366€8,845▲
Other amounts receivable291€6,366€8,845▲
Amounts receivable within one year40/41€95,863€139,999▲
Trade receivables40€77,523€129,265▲
Other amounts receivable41€18,339€10,734▼
Cash at bank and in hand54/58€87,921€160,793▲
Deferred charges and accrued income490/1-€1,496
Equity and liabilities
Total equity and liabilities10/49€205,137€319,764▲
Equity10/15€92,645€131,379▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13-€38,734
Distributable reserves133-€38,734
Profit (loss) carried forward14€30,645€30,645=
Provisions and deferred taxes16-€39,643
Provisions for liabilities and charges160/5-€39,643
Other liabilities and charges164/5-€39,643
Amounts payable17/49€112,492€148,742▲
Amounts payable within one year42/48€111,206€148,517▲
Current portion of amounts payable after more than one year42€16,313€9,398▼
Trade debts44€8,490€35,489▲
Suppliers440/4€8,490€35,489▲
Advances received on contracts in progress46€40,806€40,806=
Taxes, remuneration and social security45€17,363€34,590▲
Taxes450/3€9,850€24,082▲
Remuneration and social security454/9€7,513€10,509▲
Other amounts payable47/48€28,234€28,234=
Accrued charges and deferred income492/3€1,286€225▼
Income statement Code20242025
Remuneration, social security and pensions62€72,717€70,091▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,875€6,357▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€39,643
Other operating charges640/8€7,309€656▼
Gross operating margin9900€96,474€179,586▲
Operating profit (loss)9901€6,573€62,839▲
Financial income75/76B€270€341▲
Recurring financial income75€270€341▲
Financial charges65/66B€969€817▼
Recurring financial charges65€969€817▼
Profit (loss) for the period before taxes9903€5,874€62,363▲
Income taxes67/77€5,807€23,629▲
Profit (loss) for the period9904€67€38,734▲
Profit (loss) for the period to be appropriated9905€67€38,734▲
Appropriation of the result
Profit (loss) to be appropriated9906€30,645€69,379▲
Profit (loss) brought forward from the previous period14P€30,578€30,645▲
Transfer to equity691/2-€38,734
To other reserves6921-€38,734

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62---€14,697€41,643€72,717€70,091▼ 3.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,969€9,243€12,829€17,823€7,091€9,875€6,357▼ 35.6%
Provisions for liabilities and charges: additions (uses and reversals)635/8------€39,643-
Other operating charges640/8---€4,322€3,561€7,309€656▼ 91.0%
Gross operating margin9900€10,096€16,420€23,248€74,981€99,293€96,474€179,586▲ 86.1%
Operating profit (loss)9901€2,095€6,595€10,167€38,138€46,999€6,573€62,839▲ 856%
Financial income75/76B---€0€3,820€270€341▲ 26.4%
Recurring financial income75€1€88€0€0€3,820€270€341▲ 26.4%
Financial charges65/66B---€2,166€1,858€969€817▼ 15.6%
Recurring financial charges65€592€1,384€1,278€2,166€1,858€969€817▼ 15.6%
Profit (loss) for the period before taxes9903€1,505€5,299€8,889€35,972€48,960€5,874€62,363▲ 962%
Income taxes67/77---€12,145€14,533€5,807€23,629▲ 307%
Profit (loss) for the period9904€1,505€5,299€8,889€23,827€34,428€67€38,734▲ 58,129%
Profit (loss) for the period to be appropriated9905€1,505€5,299€8,889€23,827€34,428€67€38,734▲ 58,129%
Line2019202020212022202320242025Change
Assets
Total assets20/58€74,236€81,213€109,874€170,598€200,214€205,137€319,764▲ 55.9%
Fixed assets21/28€37,845€41,725€48,189€31,306€10,862€14,987€8,630▼ 42.4%
Tangible fixed assets22/27€37,482€41,362€47,826€30,580€10,136€14,261€7,904▼ 44.6%
Plant, machinery and equipment23---€4,977€3,583€2,498€1,665▼ 33.3%
Furniture and vehicles24---€25,603€6,554€11,763€6,239▼ 47.0%
Financial fixed assets28€363€363€363€726€726€726€726=
Current assets29/58€36,391€39,488€61,685€139,292€189,352€190,150€311,133▲ 63.6%
Amounts receivable after more than one year29-----€6,366€8,845▲ 38.9%
Other amounts receivable291-----€6,366€8,845▲ 38.9%
Stocks and contracts in progress3€12,000-€6,000-----
Amounts receivable within one year40/41€20,883€28,796€45,697€89,854€93,613€95,863€139,999▲ 46.0%
Trade receivables40---€85,773€75,813€77,523€129,265▲ 66.7%
Other amounts receivable41---€4,081€17,801€18,339€10,734▼ 41.5%
Cash at bank and in hand54/58€3,139€10,692€9,138€48,172€95,738€87,921€160,793▲ 82.9%
Deferred charges and accrued income490/1---€1,266--€1,496-
Equity and liabilities
Total equity and liabilities10/49€74,236€81,213€109,874€170,598€200,214€205,137€319,764▲ 55.9%
Equity10/15€20,135€25,434€34,324€58,151€92,578€92,645€131,379▲ 41.8%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000€62,000€62,000=
Issued capital100---€62,000€62,000€62,000€62,000=
Reserves13------€38,734-
Distributable reserves133------€38,734-
Profit (loss) carried forward14-€41,865-€36,566-€27,676-€3,849€30,578€30,645€30,645=
Provisions and deferred taxes16------€39,643-
Provisions for liabilities and charges160/5------€39,643-
Other liabilities and charges164/5------€39,643-
Amounts payable17/49€54,101€55,778€75,550€112,447€107,635€112,492€148,742▲ 32.2%
Amounts payable after more than one year17€20,718€24,720€28,817€13,938€3,832---
Financial debts170/4---€13,938€3,832---
Amounts payable within one year42/48€33,383€31,058€46,733€98,509€103,804€111,206€148,517▲ 33.6%
Current portion of amounts payable after more than one year42---€15,191€12,074€16,313€9,398▼ 42.4%
Trade debts44€4,976€836€3,011€36,909€16,306€8,490€35,489▲ 318%
Suppliers440/4---€36,909€16,306€8,490€35,489▲ 318%
Advances received on contracts in progress46---€9,222€40,806€40,806€40,806=
Taxes, remuneration and social security45---€13,094€12,120€17,363€34,590▲ 99.2%
Taxes450/3---€13,094€9,776€9,850€24,082▲ 144%
Remuneration and social security454/9----€2,344€7,513€10,509▲ 39.9%
Other amounts payable47/48---€24,093€22,499€28,234€28,234=
Accrued charges and deferred income492/3-----€1,286€225▼ 82.5%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€1,505€5,299€8,889€23,827€34,428€67€38,734▲ 58,129%
+ Depreciation and write-downs630€4,969€9,243€12,829€17,823€7,091€9,875€6,357▼ 35.6%
Operating cash flow (approximation)€6,473€14,542€21,718€41,650€41,519€9,942€45,090▲ 354%
Investment in fixed assets (approximation)--€13,122-€19,293-€941€13,353-€14,000€0-
Change in cash-€7,554-€1,554€39,034€47,566-€7,817€72,872-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 27-04-2026 2026-00094379
30-09-2024 micro format 29-04-2025 2025-00089260
30-09-2023 micro format 25-04-2024 2024-00068591
30-09-2022 micro format 02-05-2023 2023-00073995
30-09-2021 micro format 30-03-2022 2022-09000475
30-09-2020 micro format 08-03-2021 2021-07000304
30-09-2019 micro format 28-02-2020 2020-05800266
30-09-2018 micro format 18-03-2019 2019-07100379
30-09-2017 micro format 28-02-2018 2018-05600410
30-09-2016 full format 20-03-2017 2017-06500564

Show all 32 filings

Similar companies · same sector, comparable size

Of the 46 active companies whose main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25991), figures are known for 29. 17 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts

1 award · 2026
Livraison et installation de boîtes-aux-lettres: F/26/0718 - 1
buyer: Immobilière Sociale Toit & moi srlConstruction structures and materialsawarded 30-09-2026€494,9651 tenderTED 705688-2026

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.