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OPTELEC

Active
Public limited companyfounded 1999active for 26 yearsBaron Ruzettelaan 29, 8310 Brugge, BelgiumKBO/BCE: BE 0467.277.110
Summary

OPTELEC has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €364,596 and a net result of €28,720. Equity is growing by about 9.7% per year across the filed financial years. Its solvency ranks better than 62% of 5,019 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
OPTELECActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of prescription glasses, lenses and sunglasses
NACE 47742Retail sale of information and communication equipment NACE 47400
1 site
Size
≈ €2.7mturnover 2025, estimated
Staff
6.3 FTE
Equity
€364,596
Profit
€28,720
Turnover estimated from the gross margin
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Optelec Holding · 99.9%
Auditor: BDO Bedrijfsrevisoren bv2025 accounts 25 days early4 of 15 deeds summarised
Why 95raises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.82, cash €220,580Founded in 1999Equity €364,596 (47.5% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 72-6
equity 47.5% of total assets
Liquidity 60-12
short-term debt 52.0% · cash 28.7%
Profitability 73=
return on assets 3.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,248 companies, NACE 47, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.82, compared with 2.13 in 2024, above the usual 1.5; short-term debt: 52% and cash: 28.7% of total assets), but 52.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 62% on solvency, 66% on liquidity, 58% on profitability and 58% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.82, cash €220,580
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €364,596 (47.5% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
36 days early
2023
6 days early
2022
60 days early
2021
33 days early
2020
59 days early
2019
36 days 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 36 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: James Robert (Bob) Ciminera (director)Appointment: Kevin Francis Collins (director)…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Optelec Holdingknown shareholders 100% 99.9% View
  • Positive: 6 profitable years in a rowprofit 2025: €28,720 6 years View
  • New directorlatest change 29-05-2026 · 2 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€768,033
Profit
€28,720
Solvency
47.5%
Total assets▲ 21.8%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
Optelec Holding · 99.9%
Known shareholders
100%
Auditor
BDO Bedrijfsrevisoren bv
  • Kevin Francis CollinsDirector
  • Ben KofflardManaging director
Go to Board & ownership

Timeline

Events
35
Since
2000
Next accounts
by 31-07-2027
  1. 09-05-2025Reappointment: BV BDO Bedrijfsrevisoren BV (statutory auditor)
  2. 25-07-2024Annual accounts filed
  3. 04-12-2023Amendment of the articles
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of prescription glasses, lenses and sunglassesNACE 47742
Founded
17-11-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
36
Purpose
“Het ontwerpen,produceren,verkopen,distribueren,herstellen,ontlenen en/of ter beschikking…” (deed in Dutch)
Go to Articles of association

Key facts about OPTELEC

What is the company number of OPTELEC?
0467.277.110. In Belgium the VAT number is the company number with BE in front: BE 0467.277.110.
Where is OPTELEC based?
The registered office is at Baron Ruzettelaan 29, 8310 Brugge.Company details
What does OPTELEC do?
According to the KBO register, the main activity is retail sale of prescription glasses, lenses and sunglasses (NACE 47742).
What is the legal form of OPTELEC?
Public limited company (NV).
When was OPTELEC founded?
On 17-11-1999.
Is OPTELEC still active?
Yes, OPTELEC is an active enterprise in the KBO register.
How many employees does OPTELEC have?
On average 6.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of OPTELEC?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is OPTELEC profitable?
In financial year 2025, OPTELEC made a profit of €28,720.
Where can I find the annual accounts of OPTELEC?
OPTELEC filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OPTELEC due?
By 31-07-2027, for financial year 2026.Timeline

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