OPRAZ
ActiveSummary
OPRAZ has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.43M and a net result of €5. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability34▲+17
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 35.1 against 13.09 in 2024; short-term debt: 1.3% and cash: 4.2% of total assets), and 16.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
83.5%
Return on assets
0%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
108 d late
2021
92 d late
2020
180 d late
2019
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.43M=
2024 · €3.43M
Total assets
€4.10M▼ 4.4%
2024 · €4.29M
Net result
€5
2024 · €-76k
Working capital
€1.79M▼ 2.4%
2024 · €1.84M
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
Operating result€79k▲ 11.1%€-11k€-197k▼ 1,722%€-106k▲ 46.4%€-13k▲ 87.4%
Net result€122k▼ 62.9%€212k▲ 73.3%€2.08M▲ 881%€-76k€5
Equity€1.40M▲ 3.1%€1.62M▲ 15.1%€3.58M▲ 122%€3.43M▼ 4.4%€3.43M=
Total assets€1.62M▲ 1.8%€2.12M▲ 30.7%€4.19M▲ 97.7%€4.29M▲ 2.4%€4.10M▼ 4.4%
Debt€218k▼ 5.6%€505k▲ 131%€609k▲ 20.6%€865k▲ 42.2%€675k▼ 21.9%
Working capital€311k▲ 8.4%€227k▼ 26.9%€2.29M▲ 908%€1.84M▼ 19.9%€1.79M▼ 2.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €106k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.10M
Fixed assets
€2.26M ▼ 2.0%
Current assets
€1.84M ▼ 7.2%
Equity and liabilities €4.10M
Equity
€3.43M =
Debt
€675k ▼ 21.9%
Debt's share of the balance-sheet total falls from 20.2% to 16.5%. Debt is lower.
Key figures and ratios
EBITDA
€44k▲
2024 · €-57k
Cash flow
€58k▲
2024 · €-28k
Current ratio
35.10▲
2024 · 13.09
Debt to equity
0.20▼
2024 · 0.25
ROE
0.0%▲
2024 · -2.2%
ROA
0.0%▲
2024 · -1.8%
Interest coverage
1.79▲
2024 · -2.86
Debt ≤ 1 year
€53k▼
2024 · €152k
Debt > 1 year
€597k▼
2024 · €696k
Income taxes
€1k▲
2024 · €-805
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2k | - | €336 | - | - | - |
| Remuneration, social security and pensions62 | €416 | €498 | €39 | €918 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26k | €26k | €27k | €48k | €58k | ▲ 19.3% |
| Other operating charges640/8 | €6k | €7k | €6k | €29k | €6k | ▼ 78.2% |
| Gross operating margin9900 | €111k | €23k | €-164k | €-27k | €51k | ▲ 288% |
| Operating profit (loss)9901 | €79k | €-11k | €-197k | €-106k | €-13k | ▲ 87.4% |
| Financial income75/76B | €83k | €236k | €2.31M | €49k | €39k | ▼ 20.0% |
| Recurring financial income75 | €83k | €236k | €2.31M | €49k | €39k | ▼ 20.0% |
| Financial charges65/66B | €5k | €8k | €12k | €20k | €25k | ▲ 23.4% |
| Recurring financial charges65 | €5k | €8k | €12k | €20k | €25k | ▲ 23.4% |
| Profit (loss) for the period before taxes9903 | €157k | €217k | €2.10M | €-77k | €1k | ▲ 101% |
| Income taxes67/77 | €35k | €5k | €20k | €-805 | €1k | ▲ 235% |
| Profit (loss) for the period9904 | €122k | €212k | €2.08M | €-76k | €5 | ▲ 100% |
| Transfer from tax-exempt reserves789 | €15k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €137k | €212k | €2.08M | €-76k | €5 | ▲ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.62M | €2.12M | €4.19M | €4.29M | €4.10M | ▼ 4.4% |
| Fixed assets21/28 | €1.18M | €1.75M | €1.72M | €2.30M | €2.26M | ▼ 2.0% |
| Intangible fixed assets21 | €162k | €141k | €121k | €101k | €81k | ▼ 20.0% |
| Tangible fixed assets22/27 | €43k | €627k | €623k | €1.22M | €1.20M | ▼ 2.1% |
| Land and buildings22 | - | €585k | €585k | €1.19M | €1.16M | ▼ 2.4% |
| Plant, machinery and equipment23 | €41k | €42k | €36k | €31k | €25k | ▼ 18.5% |
| Furniture and vehicles24 | €2k | €573 | €2k | €1k | €10k | ▲ 796% |
| Financial fixed assets28 | €978k | €978k | €978k | €978k | €978k | = |
| Current assets29/58 | €440k | €373k | €2.47M | €1.99M | €1.84M | ▼ 7.2% |
| Amounts receivable after more than one year29 | €80k | €105k | €260k | €260k | €260k | = |
| Trade receivables290 | €80k | €105k | €260k | €260k | €260k | = |
| Amounts receivable within one year40/41 | €247k | €110k | €150k | €81k | €29k | ▼ 64.9% |
| Trade receivables40 | €193k | €20k | €24k | €1k | €3k | ▲ 137% |
| Other amounts receivable41 | €54k | €89k | €126k | €80k | €26k | ▼ 67.7% |
| Current investments50/53 | - | - | €2.06M | €1.54M | €1.38M | ▼ 10.6% |
| Cash at bank and in hand54/58 | €111k | €158k | €5k | €101k | €174k | ▲ 72.7% |
| Deferred charges and accrued income490/1 | €2k | - | €113 | €3k | €3k | ▼ 12.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.62M | €2.12M | €4.19M | €4.29M | €4.10M | ▼ 4.4% |
| Equity10/15 | €1.40M | €1.62M | €3.58M | €3.43M | €3.43M | = |
| Contributions10/11 | €192k | €192k | €192k | €192k | €192k | = |
| Reserves13 | €337k | €347k | €438k | €358k | €358k | = |
| Non-distributable reserves130/1 | €8k | €8k | €8k | - | - | - |
| Reserves not available under the articles1311 | €8k | €8k | €8k | - | - | - |
| Tax-exempt reserves132 | - | - | - | €350k | - | - |
| Distributable reserves133 | €330k | €340k | €430k | €8k | €358k | ▲ 4,516% |
| Profit (loss) carried forward14 | €874k | €1.08M | €2.95M | €2.88M | €2.88M | = |
| Amounts payable17/49 | €218k | €505k | €609k | €865k | €675k | ▼ 21.9% |
| Amounts payable after more than one year17 | €90k | €359k | €429k | €696k | €597k | ▼ 14.3% |
| Financial debts170/4 | €90k | €359k | €429k | €696k | €597k | ▼ 14.3% |
| Amounts payable within one year42/48 | €129k | €146k | €176k | €152k | €53k | ▼ 65.4% |
| Current portion of amounts payable after more than one year42 | €41k | €78k | €37k | €50k | €51k | ▲ 1.8% |
| Financial debts43 | - | - | €322 | €286 | - | - |
| Credit institutions430/8 | - | - | €322 | €286 | - | - |
| Trade debts44 | €6k | €1k | €7k | €2k | €1k | ▼ 24.9% |
| Suppliers440/4 | €6k | €1k | €7k | €2k | €1k | ▼ 24.9% |
| Taxes, remuneration and social security45 | €66k | €67k | €27k | €24k | €297 | ▼ 98.8% |
| Taxes450/3 | €66k | €67k | €27k | €24k | €297 | ▼ 98.8% |
| Remuneration and social security454/9 | - | - | €69 | - | - | - |
| Other amounts payable47/48 | €16k | - | €104k | €76k | - | - |
| Accrued charges and deferred income492/3 | - | - | €4k | €17k | €26k | ▲ 54.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €122k | €212k | €2.08M | €-76k | €5 | ▲ 100% |
| + Depreciation and write-downs630 | €26k | €26k | €27k | €48k | €58k | ▲ 19.3% |
| Operating cash flow (approximation) | €148k | €238k | €2.10M | €-28k | €58k | ▲ 308% |
| Investment in fixed assets (approximation) | - | €-591k | €-2k | €-630k | €-11k | ▲ 98.2% |
| Change in cash | - | €48k | €-154k | €96k | €73k | ▼ 23.8% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €5
Net result €5 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 35.10
Current ratio from 13.09 to 35.10; short-term debt falls from €152k to €53k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-76k
Net result drops to €-76k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €2.08M ▲881%
Net result €2.08M, the highest in the series.
31-12
Financial
Liquidity times 5current ratio 14.06
Current ratio from 2.56 to 14.06.
31-12
Financial
Equity above €2MEq €3.58M ▲122%
6 profitable years in a row build equity to €3.58M.
16-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 108 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 180 days late
Show earlier events
2020
31-12
Financial
Liquidity times 5current ratio 3.85
Current ratio from 0.83 to 3.85; short-term debt falls from €210k to €101k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
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.
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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, Elsene · 1 establishment unit since 2007
Ground area
452 m²
Building footprint
242 m²
Volume, LiDAR
2,956 m³
2 parcels, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Schoon Uitzichtlaan 95, 1180 Ukkel
since 20072.164.051.291
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0266/00S006 | Brussels | 241 m² | 1 · 118 m² | 17.8 m · 5 fl. |
| 21612C0004/00V019 | Brussels | 211 m² | 1 · 125 m² | 18.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 14,570 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
Founded12-07-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.