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OPTIEK VAN NESTE

Active
Private limited company (pre-2019)founded 198045 yrs activeMarktstraat 45, 8870 Izegem, BelgiumKBO/BCE: BE 0420.799.658

OPTIEK VAN NESTE has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €331k and a net result of €95k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
81 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-8
Solvency76▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.26 in 2024; short-term debt: 46.4% and cash: 31.7% of total assets), and 49% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 45 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
51%
Return on assets
14.6%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
23 d early
2023
33 d early
2022
28 d late
2021
18 d early
2020
30 d late
2019
38 d late
← before the deadline after the deadline →
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 months
Position in the running window
23-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€331k▲ 24.9%
2024 · €265k
2018: €207k 2019: €123k 2020: €230k 2021: €256k 2022: €246k 2023: €242k 2024: €265k
2018 → 2025
Total assets
€650k▲ 2.5%
2024 · €634k
2018: €468k 2019: €480k 2020: €721k 2021: €721k 2022: €592k 2023: €515k 2024: €634k
2018 → 2025
Net result
€95k▼ 27.8%
2024 · €131k
2018: €28k 2019: €6k 2020: €117k 2021: €32k 2022: €-10k 2023: €-4k 2024: €131k
2018 → 2025
Working capital
€196k▲ 105%
2024 · €96k
2018: €76k 2019: €25k 2020: €147k 2021: €72k 2022: €3k 2023: €45k 2024: €96k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€256k-€246k▼ 3.8%€242k▼ 1.6%€265k▲ 9.4%€331k▲ 24.9%
Operating result€35k-€-10k€-10k▼ 7.5%€180k€125k▼ 30.5%
Net result€32k-€-10k€-4k▲ 60.7%€131k€95k▼ 27.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150k€200kOperating result 2021: €35k€35kNet result 2021: €32k€32kOperating result 2022: €-10k€-10kNet result 2022: €-10k€-10kOperating result 2023: €-10k€-10kNet result 2023: €-4k€-4kOperating result 2024: €180k€180kNet result 2024: €131k€131kOperating result 2025: €125k€125kNet result 2025: €95k€95k20212022202320242025
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €650k
Fixed assets €152k▼ 10.5%
Current assets €498k▲ 7.2%
Equity and liabilities €650k
Equity €331k▲ 24.9%
Debt €318k▼ 13.6%
The debt ratio falls from 58.2% to 49.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€204k
2024 · €261k
Cash flow
€174k
2024 · €212k
Solvency
51.0%
2024 · 41.8%
Current ratio
1.65
2024 · 1.26
Quick ratio
1.00
2024 · 0.74
Debt / equity
0.96
2024 · 1.39
ROE
28.5%
2024 · 49.3%
ROA
14.6%
2024 · 20.6%
Interest coverage
40.10
2024 · 35.86
Debt
€318k
2024 · €369k
Debt ≤ 1 year
€301k
2024 · €369k
Debt > 1 year
€17k
Income taxes
€33k
2024 · €49k
Staff costs
€491k
2024 · €480k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€634k€650k
Fixed assets21/28€170k€152k
Intangible fixed assets21€6k€3k
Tangible fixed assets22/27€161k€145k
Plant, machinery and equipment23€86k€67k
Furniture and vehicles24€75k€78k
Financial fixed assets28€3k€3k
Current assets29/58€464k€498k
Stocks and contracts in progress3€191k€196k
Stocks30/36€191k€196k
Amounts receivable within one year40/41€191k€64k
Trade receivables40€30k€33k
Other amounts receivable41€161k€31k
Cash at bank and in hand54/58€59k€206k
Deferred charges and accrued income490/1€23k€32k
Equity and liabilities
Total equity and liabilities10/49€634k€650k
Equity10/15€265k€331k
Contributions10/11€20k€20k=
Reserves13€245k€310k
Non-distributable reserves130/1€11k€11k=
Reserves not available under the articles1311€11k€11k=
Distributable reserves133€234k€299k
Profit (loss) carried forward14€195€708
Amounts payable17/49€369k€318k
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€369k€301k
Current portion of amounts payable after more than one year42€18k€10k
Financial debts43€35k€63k
Credit institutions430/8€35k€63k
Trade debts44€62k€85k
Suppliers440/4€62k€85k
Taxes, remuneration and social security45€146k€115k
Taxes450/3€77k€59k
Remuneration and social security454/9€69k€56k
Other amounts payable47/48€108k€29k
Income statement Code20242025
Non-recurring operating income76A€150k€9k
Remuneration, social security and pensions62€480k€491k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€79k
Other operating charges640/8€7k€6k
Gross operating margin9900€748k€701k
Operating profit (loss)9901€180k€125k
Financial income75/76B€8k€8k
Recurring financial income75€8k€8k
Financial charges65/66B€7k€5k
Recurring financial charges65€7k€5k
Profit (loss) for the period before taxes9903€180k€128k
Income taxes67/77€49k€33k
Profit (loss) for the period9904€131k€95k
Profit (loss) for the period to be appropriated9905€131k€95k
Appropriation of the result
Profit (loss) to be appropriated9906€131k€95k
Profit (loss) brought forward from the previous period14P€456€195
Transfer to equity691/2€23k€65k
To other reserves6921€23k€65k
Profit to be distributed694/7€108k€29k
Return on contributions (dividend)694€108k€29k
Social balance
Average headcount (FTE)90878.38.5

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-09
State Gazette act General meeting · Director resignation
General meeting · Director resignation · Director appointment7 facts ▸
  • General meeting, 2026-08-19
  • Director resignation, Rik Van Neste (bestuurder)
  • Director resignation, Koen Van Neste (bestuurder)
  • Director appointment, BV Van Neste Optics (niet-statutair bestuurder)
  • Permanent representative, Bernard Van Neste
  • Director appointment, BV Optiek Therry Van Neste (niet-statutair bestuurder)
  • Permanent representative, Jesse Therry
23-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €131k
Net result €131k after 2 loss-making years.
28-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial Weakest financial yearnet €-10k ▼131%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
13-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial Equity above €200kEq €230k ▲87.1%
3 profitable years in a row build equity to €230k.
07-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 38 days late
2019
19-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
19-08-2026 Koen Van Neste: Resigned as Director
19-08-2026 Rik Van Neste: Resigned as Director
Location & real-estate footprint
Registered office, Izegem · 2 establishment units since 1980
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Marktstraat 458870 Izegem
Ground area
1,867 m²
Building footprint
615 m²
Volume, LiDAR
4,416 m³
2 parcels, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Optiek Van Neste
Marktstraat 45, 8870 IzegemNACE 5244205
since 19802.019.386.877
Optiek Van Neste
Ieperstraat 38, 8830 HoogledeNACE 5244205
since 19832.019.386.976
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36006D0030/00L000 Flanders 1,335 m² 1 · 291 m² 10.9 m · 2 fl.
36008A0874/00N000 Flanders 532 m² 1 · 324 m² 13.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,730 companies in sector 47742 we hold annual accounts for 1,138. 884 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded09-10-1980
Fiscal year end31-12
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
52485
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.