OPTIGLASS
ActiveSummary
OPTIGLASS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119k and a net result of €12k. Equity is growing by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 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
Profitability78▼-5
Solvency98▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 2.15 in 2024; short-term debt: 27.2% and cash: 22.1% of total assets), and 27.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies
more bankruptcies →
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
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
72.8%
Return on assets
7.5%
Age of the figures
9 mo
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
27 d late
2023
30 d late
2022
50 d late
2021
116 d late
2020
48 d late
2019
31 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€119k▲ 11.4%
2024 · €107k
2018: €353
2019: €5k
2020: €28k
2021: €52k
2022: €71k
2023: €86k
2024: €107k
2018 → 2025
Total assets
€163k▼ 9.8%
2024 · €181k
2018: €103k
2019: €118k
2020: €142k
2021: €172k
2022: €196k
2023: €181k
2024: €181k
2018 → 2025
Net result
€12k▼ 40.1%
2024 · €20k
2018: €5k
2019: €5k
2020: €23k
2021: €24k
2022: €19k
2023: €15k
2024: €20k
2018 → 2025
Working capital
€88k▲ 22.3%
2024 · €72k
2018: €21k
2019: €-2k
2020: €22k
2021: €34k
2022: €32k
2023: €43k
2024: €72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€71k▲ 37.3%€86k▲ 21.8%€107k▲ 23.6%€119k▲ 11.4%
Operating result€35k-€26k▼ 25.6%€25k▼ 2.6%€35k▲ 41.0%€22k▼ 39.1%
Net result€24k-€19k▼ 18.6%€15k▼ 19.9%€20k▲ 32.2%€12k▼ 40.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 39% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€31k ▼ 33.4%
Current assets
€132k ▼ 1.7%
Equity and liabilities €163k
Equity
€119k ▲ 11.4%
Debt
€44k ▼ 40.3%
Debt's share of the balance-sheet total falls from 41.1% to 27.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▼
2024 · €51k
Cash flow
€28k▼
2024 · €36k
Current ratio
2.98▲
2024 · 2.15
Quick ratio
1.22▲
2024 · 0.90
Debt to equity
0.37▼
2024 · 0.70
ROE
10.3%▼
2024 · 19.1%
ROA
7.5%▼
2024 · 11.3%
Interest coverage
10.19▼
2024 · 16.51
Debt ≤ 1 year
€44k▼
2024 · €63k
Income taxes
€7k▼
2024 · €12k
Staff costs
€42k▲
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€181k€163k▼
Fixed assets21/28€46k€31k▼
Tangible fixed assets22/27€46k€31k▼
Plant, machinery and equipment23€46k€30k▼
Furniture and vehicles24€703€521▼
Current assets29/58€134k€132k▼
Stocks and contracts in progress3€78k€78k▲
Stocks30/36€78k€78k▲
Amounts receivable within one year40/41€18k€18k▼
Trade receivables40€17k€6k▼
Other amounts receivable41€936€12k▲
Cash at bank and in hand54/58€38k€36k▼
Deferred charges and accrued income490/1€160€94▼
Equity and liabilities
Total equity and liabilities10/49€181k€163k▼
Equity10/15€107k€119k▲
Contributions10/11€19k€19k=
Reserves13€57k€69k▲
Tax-exempt reserves132€120€120=
Distributable reserves133€57k€69k▲
Profit (loss) carried forward14€31k€31k=
Amounts payable17/49€74k€44k▼
Amounts payable after more than one year17€12k-
Trade debts175€12k-
Amounts payable within one year42/48€63k€44k▼
Current portion of amounts payable after more than one year42€5k€3k▼
Trade debts44€32k€27k▼
Suppliers440/4€32k€27k▼
Taxes, remuneration and social security45€19k€13k▼
Taxes450/3€10k€4k▼
Remuneration and social security454/9€9k€9k▼
Other amounts payable47/48€7k€673▼
Accrued charges and deferred income492/3€61€41▼
Income statement
Code20242025
Remuneration, social security and pensions62€31k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k€1k▲
Other operating charges640/8€819€1k▲
Gross operating margin9900€80k€82k▲
Operating profit (loss)9901€35k€22k▼
Financial income75/76B€244€905▲
Recurring financial income75€244€905▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€33k€19k▼
Income taxes67/77€12k€7k▼
Profit (loss) for the period9904€20k€12k▼
Profit (loss) for the period to be appropriated9905€20k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€43k▼
Profit (loss) brought forward from the previous period14P€31k€31k=
Transfer to equity691/2€20k€12k▼
To other reserves6921€20k€12k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Equity above €100kEq €107k ▲23.6%
7 profitable years in a row build equity to €107k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
2021
31-12
Financial
Highest result since 2018net €24k ▲4.3%
Net result €24k, the highest in the series.
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €5k ▼8.5%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 10 days late
2018
26-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Hasselt · 1 establishment unit since 2008
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.
Sint-Katarinaplein 213500 HasseltGround area
2,391 m²
Building footprint
188 m²
Parcel 71328D0364/00B002, Flanders. Linked by address, not a title deed.
1 establishment unit
OPTIEK LEMMER
since 20082.171.069.143
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0364/00B002 | Flanders | 2,391 m² | 1 · 188 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
Yunique
BE 1003.586.744
Aarschot · Eq €122,319
NATUURSTEENBEDRIJF VAN HUYCHEM
BE 0434.623.544
Ternat · Eq €123,213
PORTO-MARBEL
BE 0439.988.733
Liège · Eq €124,454
IMMOBILIERE JEROME
BE 0429.425.334
Seraing · Eq €129,784
LICHTENKNECKER OPTICS
BE 0412.870.503
Lummen · Eq €130,221
Of 428 companies in sector 26700 we hold annual accounts for 341. 281 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
26700Manufacture of computer, electronic and optical products
47742Retail sale of prescription glasses, lenses and sunglasses
46432Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.