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OPIUS

Active
Private limited companyfounded 2020active for 6 yearsHundelgemsesteenweg 296, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0741.362.783
Summary

The computed 12-month bankruptcy probability of OPIUS is 2.8% (moderate). The 2025 annual accounts show negative equity (-€268,954) and a net result of -€83,296. Equity is shrinking by about 86% per year across the filed financial years. Its solvency ranks better than 11% of 134 sector peers (NACE 11, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

Equity
-€268,954▼ 44.9%
2024 · -€185,658
Total assets
€524,386▲ 49.0%
2024 · €351,866
Net result
-€83,296▼ 56.2%
2024 · -€53,338
Working capital
€213,876▲ 123%
2024 · €96,013
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result stays negative: a loss of €64,887 in 2025 against €36,272 in 2024; the loss grows.

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

Operating result-€64,887 2025 Net result-€83,296 2025

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

Sector: the middle half of NACE 11, Manufacture of beverages: 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
Line202020212022202320242025
Operating result-€7,104-€6,440€15,136▲ 135%-€136,557-€36,272▲ 73.4%-€64,887▼ 78.9%
Net result-€7,172within the sector's middle half-€6,357within the sector's middle half€11,757above the sector's middle half▲ 84.9%-€145,762below the sector's middle half-€53,338below the sector's middle half▲ 63.4%-€83,296below the sector's middle half▼ 56.2%
Equity-€4,672within the sector's middle half-€1,685within the sector's middle half€13,442within the sector's middle half▲ 698%-€132,320below the sector's middle half-€185,658below the sector's middle half▼ 40.3%-€268,954below the sector's middle half▼ 44.9%
Total assets€34,817below the sector's middle half-€60,335within the sector's middle half▲ 73.3%€78,932within the sector's middle half▲ 30.8%€429,714above the sector's middle half▲ 444%€351,866within the sector's middle half▼ 18.1%€524,386within the sector's middle half▲ 49.0%
Debt€39,489-€58,650▲ 48.5%€65,490▲ 11.7%€562,034▲ 758%€537,524▼ 4.4%€793,340▲ 47.6%
Working capital-€7,903within the sector's middle half-€3,916within the sector's middle half€8,870within the sector's middle half▲ 127%€309,787above the sector's middle half▲ 35×€96,013above the sector's middle half▼ 69.0%€213,876within the sector's middle half▲ 123%
Solvency-13.4%below the sector's middle half-2.8%within the sector's middle half▲ 16.2pp17.0%within the sector's middle half▲ 14.2pp-30.8%below the sector's middle half▼ 47.8pp-52.8%below the sector's middle half▼ 22.0pp-51.3%below the sector's middle half▲ 1.5pp
Current ratio0.70below the sector's middle half-1.09within the sector's middle half▲ 0.391.16within the sector's middle half▲ 0.073.82above the sector's middle half▲ 2.661.45within the sector's middle half▼ 2.371.75above the sector's middle half▲ 0.30
Return on assets (ROA)-20.6%below the sector's middle half-10.5%above the sector's middle half▲ 31.1pp14.9%above the sector's middle half▲ 4.4pp-33.9%below the sector's middle half▼ 48.8pp-15.2%within the sector's middle half▲ 18.8pp-15.9%below the sector's middle half▼ 0.7pp
Staff (FTE)1below the sector's middle half
above within below the middle half of NACE 11, Manufacture of beverages: 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 abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €524,386
Fixed assets €24,379 ▼ 39.9%
Current assets €500,007 ▲ 60.6%
Equity and liabilities
Equity-€268,954
Debt€793,340
Equity is negative: debt (€793,340) exceeds the balance-sheet total (€524,386).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€46,589▼
2024 · -€20,773
Cash flow
-€64,998▼
2024 · -€37,839
Quick ratio
1.07▲
2024 · 0.88
Interest coverage
-2.56▼
2024 · -1.19
Debt ≤ 1 year
€286,131▲
2024 · €215,263
Debt > 1 year
€501,010▲
2024 · €317,684
Income taxes
€233▲
2024 · €43
Staff costs
€37,394▲
2024 · €11,470
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83.0% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83.0% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.8% 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 497,445 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% 0.9%
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 6,007 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 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€351,866€524,386▲
Fixed assets21/28€40,590€24,379▼
Intangible fixed assets21€34,634€19,970▼
Tangible fixed assets22/27€5,956€4,408▼
Plant, machinery and equipment23€5,483€2,403▼
Furniture and vehicles24€473€2,005▲
Financial fixed assets28-€1
Current assets29/58€311,276€500,007▲
Stocks and contracts in progress3€121,127€195,112▲
Stocks30/36€121,127€195,112▲
Amounts receivable within one year40/41€138,505€188,848▲
Trade receivables40€123,927€167,626▲
Other amounts receivable41€14,578€21,222▲
Cash at bank and in hand54/58€51,644€104,364▲
Deferred charges and accrued income490/1-€11,683
Equity and liabilities
Total equity and liabilities10/49€351,866€524,386▲
Equity10/15-€185,658-€268,954▼
Contributions10/11€2,500€2,500=
Reserves13€10,942€10,942=
Distributable reserves133€10,942€10,942=
Profit (loss) carried forward14-€199,100-€282,396▼
Amounts payable17/49€537,524€793,340▲
Amounts payable after more than one year17€317,684€501,010▲
Financial debts170/4€317,684€501,010▲
Amounts payable within one year42/48€215,263€286,131▲
Current portion of amounts payable after more than one year42€98,225€101,775▲
Financial debts43€50,000€100,000▲
Credit institutions430/8€50,000€100,000▲
Trade debts44€65,040€76,549▲
Suppliers440/4€65,040€76,549▲
Advances received on contracts in progress46€87-
Taxes, remuneration and social security45€251€5,999▲
Taxes450/3€251€441▲
Remuneration and social security454/9-€5,558
Other amounts payable47/48€1,660€1,808▲
Accrued charges and deferred income492/3€4,577€6,199▲
Income statement Code20242025
Remuneration, social security and pensions62€11,470€37,394▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,499€18,298▲
Other operating charges640/8€2,581€4,363▲
Gross operating margin9900-€6,722-€4,832▲
Operating profit (loss)9901-€36,272-€64,887▼
Financial income75/76B€471€15▼
Recurring financial income75€471€15▼
Financial charges65/66B€17,494€18,191▲
Recurring financial charges65€17,494€18,191▲
Profit (loss) for the period before taxes9903-€53,295-€83,063▼
Income taxes67/77€43€233▲
Profit (loss) for the period9904-€53,338-€83,296▼
Profit (loss) for the period to be appropriated9905-€53,338-€83,296▼
Appropriation of the result
Profit (loss) to be appropriated9906-€199,100-€282,396▼
Profit (loss) brought forward from the previous period14P-€145,762-€199,100▼
Social balance sheet
Average headcount (FTE)9087-1.0

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Remuneration, social security and pensions62---€28,254€11,470€37,394▲ 226%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,623€4,067€4,647€6,629€15,499€18,298▲ 18.1%
Other operating charges640/8-€244€5,924€8,684€2,581€4,363▲ 69.0%
Gross operating margin9900-€1,911€10,751€25,707-€92,990-€6,722-€4,832▲ 28.1%
Operating profit (loss)9901-€7,104€6,440€15,136-€136,557-€36,272-€64,887▼ 78.9%
Financial income75/76B-€154€37€442€471€15▼ 96.8%
Recurring financial income75-€154€37€442€471€15▼ 96.8%
Financial charges65/66B-€237€197€9,487€17,494€18,191▲ 4.0%
Recurring financial charges65€67€237€197€9,487€17,494€18,191▲ 4.0%
Profit (loss) for the period before taxes9903-€7,172€6,357€14,976-€145,602-€53,295-€83,063▼ 55.9%
Income taxes67/77--€3,219€160€43€233▲ 442%
Profit (loss) for the period9904-€7,172€6,357€11,757-€145,762-€53,338-€83,296▼ 56.2%
Profit (loss) for the period to be appropriated9905-€7,172€6,357€11,757-€145,762-€53,338-€83,296▼ 56.2%
Line202020212022202320242025Change
Assets
Total assets20/58€34,817€60,335€78,932€429,714€351,866€524,386▲ 49.0%
Formation expenses20€99------
Fixed assets21/28€16,322€12,354€14,086€10,048€40,590€24,379▼ 39.9%
Intangible fixed assets21€16,322€12,354€8,386€4,418€34,634€19,970▼ 42.3%
Tangible fixed assets22/27--€5,700€5,630€5,956€4,408▼ 26.0%
Plant, machinery and equipment23--€5,700€4,792€5,483€2,403▼ 56.2%
Furniture and vehicles24---€838€473€2,005▲ 324%
Financial fixed assets28-----€1-
Current assets29/58€18,396€47,981€64,846€419,666€311,276€500,007▲ 60.6%
Stocks and contracts in progress3€9,118€4,517€32,323€113,037€121,127€195,112▲ 61.1%
Stocks30/36-€4,517€32,323€113,037€121,127€195,112▲ 61.1%
Amounts receivable within one year40/41€1,611€41,658€22,142€150,264€138,505€188,848▲ 36.3%
Trade receivables40-€41,658€21,358€121,230€123,927€167,626▲ 35.3%
Other amounts receivable41--€784€29,034€14,578€21,222▲ 45.6%
Cash at bank and in hand54/58€7,597€1,681€10,381€155,848€51,644€104,364▲ 102%
Deferred charges and accrued income490/1-€125-€517-€11,683-
Equity and liabilities
Total equity and liabilities10/49€34,817€60,335€78,932€429,714€351,866€524,386▲ 49.0%
Equity10/15-€4,672€1,685€13,442-€132,320-€185,658-€268,954▼ 44.9%
Contributions10/11-€2,500€2,500€2,500€2,500€2,500=
Reserves13--€10,942€10,942€10,942€10,942=
Distributable reserves133--€10,942€10,942€10,942€10,942=
Profit (loss) carried forward14-€7,172-€815--€145,762-€199,100-€282,396▼ 41.8%
Amounts payable17/49€39,489€58,650€65,490€562,034€537,524€793,340▲ 47.6%
Amounts payable after more than one year17€13,190€11,361€9,514€450,721€317,684€501,010▲ 57.7%
Financial debts170/4-€11,361€9,514€450,721€317,684€501,010▲ 57.7%
Amounts payable within one year42/48€26,299€44,065€55,976€109,879€215,263€286,131▲ 32.9%
Current portion of amounts payable after more than one year42-€1,828€1,847€5,795€98,225€101,775▲ 3.6%
Financial debts43----€50,000€100,000▲ 100%
Credit institutions430/8----€50,000€100,000▲ 100%
Trade debts44€15,776€9,146€15,599€98,103€65,040€76,549▲ 17.7%
Suppliers440/4-€9,146€15,599€98,103€65,040€76,549▲ 17.7%
Advances received on contracts in progress46----€87--
Taxes, remuneration and social security45-€794€3,392€5,981€251€5,999▲ 24×
Taxes450/3-€794€3,392€3,554€251€441▲ 75.7%
Remuneration and social security454/9---€2,427-€5,558-
Other amounts payable47/48-€32,297€35,138-€1,660€1,808▲ 8.9%
Accrued charges and deferred income492/3-€3,224-€1,434€4,577€6,199▲ 35.4%
Line202020212022202320242025Change
Profit (loss) for the period9904-€7,172€6,357€11,757-€145,762-€53,338-€83,296▼ 56.2%
+ Depreciation and write-downs630€4,623€4,067€4,647€6,629€15,499€18,298▲ 18.1%
Operating cash flow (approximation)-€2,549€10,424€16,404-€139,133-€37,839-€64,998▼ 71.8%
Investment in fixed assets (approximation)--€99-€6,379-€2,591-€46,041-€2,087▲ 95.5%
Change in cash--€5,916€8,700€145,467-€104,204€52,720-

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

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 abbreviated format 21-07-2026 2026-00313601
31-12-2024 micro format 30-08-2025 2025-00447577
31-12-2023 micro format 19-08-2024 2024-00351520
31-12-2022 micro format 03-07-2023 2023-00188245
31-12-2021 micro format 23-08-2022 2022-20306763
31-12-2020 micro format 16-07-2021 2021-36300089

Similar companies · same sector, comparable size

Of the 270 active companies whose main activity is manufacture of beverages (NACE 11010), figures are known for 124. 22 are within a factor 10 of this headcount. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 7 entries · €72,075 awarded · €56,727 paid
Year Entries AwardedPaid
2025 4 €13,475€35,427
2024 2 €9,000€21,300
2023 1 €49,600€0
Schemes
4 entries · €49,600 · €35,932 paid · Fonds voor Innoveren en Ondernemen
2 entries · €17,975 · €16,295 paid · Vlaams Agentschap voor Internationaal Ondernemen
1 entry · €4,500 · €4,500 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.