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OPTIMIZE GROUP

Dissolved and wound up KBO/BCE: BE 0859.847.392 subsidiary of Sixlev Ltd
OPTIMIZE GROUP
Follow Report

Overview

Lifetime

14 annual accounts with figures on one time axis, 16 filings since 2004
peak €1.4m (2015)
€146,456▼ 24.3%
lowest -€2.2m (2019)
€72,387▲ €2.3m
peak €3.4m (2018)
€1.2m▲ 6.3%
€3.5m▼ 25.5%
peak 6.8 FTE (2018)
-not published
Board10 names since 2019
1 directorAndres Richter
Owners3 names in the annual accounts
consolidatesSixlev Ltd
Documentsfilings and deeds
27-05-202165 days before the deadline
2020abbreviated format
Gross margin from €193,411 to €146,456Back to profit: €72,387Appointment: PKF-VMB Bedrijfsrevisoren CVBA (statutory auditor) 28-10Resignation: Arnon Ben Isaac (managing director) 26-062 directors appointed, 1 resignation 17-01Debts from €4.6m to €3.5m

Key points

from the 2020 annual accounts, the last ones filed

Equity

€1.2m from €3.4m in 2018

Equity fell by 64% in 2 years.

Liquidity

0.15 was 0.57 in 2019

Short-term debts fell from €2.1m to €584,630.

Filings

16 annual accounts since 2004
AprilJune31 JulyOctober2005201020152020

The 2011 accounts came 343 days late. The other nine of the last ten were filed on time.

No score

Board and ownership

SG
Sagive Greenspan
Managing director
Board & ownership

Recent changes

Dissolution with immediate closure of the liquidation Dissolved and wound up in a single deed · Books and records kept in Pelt · General meeting of 16-12-2021 · Gazette deed
New managing director Sagive Greenspan appointed, Andres Richter resigned · Director discharge: Andres Richter · General meeting of 09-03-2021 · Gazette deed
Appointment: PKF-VMB Bedrijfsrevisoren CVBA (statutory auditor) Permanent representative: Ingrid Vosch · General meeting of 14-10-2020 · Gazette deed
Resignation: Arnon Ben Isaac (managing director) Director discharge: Arnon Ben Isaac · Board meeting of 02-06-2020 · Gazette deed
All 32 events

Official details

Source: KBO
Status
Dissolved and wound updeed of 16-02-2022
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

€146,456▼ 24.3%
≈ €370,000estimated
€72,387
€1.2m▲ 6.3%
€4.7m▼ 19.2%
Filing
Filed on 27-05-2021
Financials

Insights on OPTIMIZE GROUP

Inactive. The last annual accounts are for financial year 2020. The company was dissolved and wound up in a single deed. The books and records are kept in Pelt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

abbreviated format, filed on 27-05-2021, 65 days before the deadline
€146,456
▼ 24.3%
€140,713
▲ €468,140
€151,372
▲ €467,734
€83,045
▲ €2.3m
26.2%
▲ 6.3 percentage points
0.15
▼ 0.42

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €370,000. Estimated: probably between €230,000 and €700,000.

Money flows

no detail for 2020

Balance sheet

balance sheet total €4.7m on 31-12-2020
What the company ownsHow it is paid for

in €m

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20202019201820172016201520142013201220112010200920072006
Balance sheet: assets
20/58 4.7m5.8m7.7m7.4m8.1m7.5m7.3m1.1m999,413993,246893,338912,994643,345486,125
21/28 4.6m4.6m6.9m6.8m6.7m6.7m6.6m32,87140,58217,94523,12830,62867,87562,334
21 2,9525,9048,85611,808----------
22/27 7,96713,8494,7681,922-5,66211,32532,87140,58217,94523,12830,62867,87562,334
22 -------13,42915,58814,07314,2091,724--
23 7,96713,8494,7681,922----------
24 -----5,66211,32519,44224,9933,8728,91928,90467,87562,334
28 4.6m4.6m6.9m6.8m6.7m6.7m6.6m-------
29/58 87,9021.2m816,885535,0181.3m792,578722,3621.1m958,831975,301870,210882,366575,470423,791
40/41 81,1811.2m575,631528,1611.2m564,999663,645171,197187,125194,591171,644211,975175,984236,476
40 81,181742,825292,775184,416639,799319,003305,537160,452122,11958,87364,967150,48547,77895,464
41 -440,000282,856343,746585,804245,996358,10710,74565,006135,718106,67761,490128,207141,012
50/53 ------------399,486-
54/58 -25236,6221,633109,408225,18050,462940,518771,706780,709698,566670,391-187,315
490/1 6,7218,0324,6325,2246,4192,3998,255-------
Balance sheet: equity and liabilities
10/49 4.7m5.8m7.7m7.4m8.1m7.5m7.3m1.1m999,413993,246893,338912,994643,345486,125
10/15 1.2m1.2m3.4m3.3m3.2m2.7m1.7m974,370859,235875,787792,313830,397572,498418,043
10/11 62,00062,00062,00062,00062,00062,0006,2006,2006,2006,2006,2006,2006,2006,200
100 62,00062,00062,00062,00062,00062,00018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,400
13 929,110929,110929,110929,110929,110929,110968,170968,170869,587869,587824,197824,197566,298411,843
130/1 6,200-------------
130 6,2006,2006,2006,2006,2006,2001,8601,8601,8601,8601,8601,8601,8601,860
132 -------------3,021
133 922,910922,910922,910922,910922,910922,910966,310966,310867,727867,727822,337822,337564,438406,962
14 238,260165,8742.4m2.3m2.3m1.7m704,727--16,552--38,084---
16 -----------19,153--
160/5 -----------19,153--
17/49 3.5m4.6m4.3m4.1m4.8m4.7m5.6m170,215140,178117,460101,02563,44470,84868,082
17 2.9m2.6m2.4m2.5m3.0m2.8m2.9m-------
170/4 2.9m2.6m2.4m2.5m3.0m2.8m2.9m-------
42/48 584,6302.1m1.9m1.5m1.5m1.9m2.7m170,215140,178117,460101,02563,44470,84868,082
42 176,984174,738190,932167,993142,900---------
43 -362,0181.0m31,909444,618975,4162.3m-------
430/8 -362,0181.0m31,909444,618975,4162.3m-------
44 4,383232,992125,577240,656528,503110,19683,84338,60127,23716,99631,50218,77933,57837,773
440/4 4,383232,992125,577240,656528,503110,19683,84338,60127,23716,99631,50218,77933,57837,773
45 8,01898,714217,456311,584358,189390,489305,038123,52169,43057,65432,24320,26137,26925,767
450/3 8,0188,278164,607268,962342,613380,234290,34293,81449,60736,8829,639-25,76725,767
454/9 -90,43652,84942,62215,57610,25514,69629,70719,82320,77222,60420,26111,502-
47/48 395,2441.2m372,390786,69260,047472,37267,5558,09343,51142,80937,28024,404-4,542
492/3 -1,082--255,2112,50023,573-------
Income statement
70 ----1.8m1.8m1.3m-------
76A 122,468---2,066-16,8693,0327,2882,678-5,939--
9900 146,456193,411606,313391,420919,0051.4m844,438290,872113,140257,952170,770359,137357,928391,312
60/61 ----864,285459,085491,864-------
62 -506,146459,650220,90589,947135,959147,943141,169135,577132,111157,567178,68819,145-
630 10,65911,0655,3333,9135,6625,6625,6629,1569,35110,00822,23421,00422,94619,608
631/4 -9,250-3,250--12,85018,850-----625--
640/8 1,5483,62738,3431,5184,3994,0846,540471152829758,8675183,665
649 -------------3,015-
66A 2,7861.8m----14,749-------
9901 140,713-327,42799,736165,084831,8471.2m684,293140,076-31,939115,004-9,106149,953318,334368,039
75/76B 04,610108,18720,11963,181341,382401,46618,67710,63613628,6677,3227,1563,752
75 04,610108,18720,11963,181341,382401,46618,67710,63613628,6677,3227,1563,752
65/66B 68,3271.9m106,473106,156130,972168,204208,3101,4811,0462,4174,91594318,0014,622
65 68,32777,345106,473106,156130,972168,204208,3101,4811,0462,4174,91594318,0014,622
66B -1.8m------------
9903 72,387-2.2m101,45179,047764,0561.4m879,569160,305-15,062115,40214,647162,269307,489367,169
67/77 -1,4321,84023,647245,338377,606174,84245,1691,49031,92852,73182,093153,03425,807
9904 72,387-2.2m99,61155,400518,7181.0m704,727115,135-16,55283,473-38,08480,177154,454341,362
689 -------------3,021
9905 72,387-2.2m99,61155,400518,7181.0m704,727115,135-16,55283,473-38,08480,177154,454338,341
Appropriation of the result
9906 238,260165,8742.4m2.3m2.3m1.7m704,72798,584-16,55245,390-38,08480,177154,454338,341
691/2 -----4,340-98,584-45,390-80,177154,454338,341
6920 -----4,340--------
6921 -------98,584-45,390-80,177154,454338,341
Social balance sheet
9087 -5.76.83.71.71.722.32.12.52.62.30.4-
Hours worked1013 -9,82011,4406,0643,1022,7363,2603,7733,5574,2384,4901,904592-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2020 (PDF), filed on 27-05-2021.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2020 abbreviated format 27-05-2021 2021-15900058 PDF
31-12-2019 abbreviated format 05-06-2020 2020-15100093 PDF
31-12-2018 abbreviated format 05-06-2019 2019-16000530 PDF
31-12-2017 abbreviated format 01-06-2018 2018-15400297 PDF
31-12-2016 abbreviated format 09-06-2017 2017-16300445 PDF
31-12-2015 abbreviated format 18-07-2016 2016-33800272 PDF
31-12-2014 abbreviated format 02-07-2015 2015-26800498 PDF
31-12-2013 abbreviated format 31-07-2014 2014-39300010 PDF
31-12-2012 abbreviated format 09-07-2013 2013-28600414 PDF
31-12-2011 abbreviated format 09-07-2013 2013-28600346 PDF
31-12-2010 abbreviated format 09-07-2013 2013-28600412 PDF
31-12-2009 abbreviated format 31-08-2010 2010-53600483 PDF
31-12-2007 abbreviated format 19-11-2008 2008-81900356 PDF
31-12-2006 abbreviated format 31-08-2007 2007-68200079 PDF
31-12-2005 abbreviated format 27-07-2006 2006-55403313 PDF
31-12-2004 abbreviated format 30-09-2005 2005-77704025 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20202019201820172016201520142013201220112010200920072006
151,372-316,362105,070168,997837,5091.2m689,956149,232-22,588125,01313,128170,957341,280387,647
83,045-2.2m104,94459,313524,3801.0m710,389124,291-7,20193,482-15,850101,181177,400360,970
1,82419,52963,52792,64376,13575,0006.6m1,44531,9874,82514,73496633,43762,776
--236,597234,988-107,775-115,772174,718-890,055168,812-9,00382,14428,175---
-496,728-891,098-1.1m-1.0m-192,828-1.2m-2.0m941,499818,653857,841769,185818,922504,622355,709
----47.1%67.6%51.8%-------
26.2%20.0%44.2%44.9%40.2%36.6%22.9%85.1%86.0%88.2%88.7%91.0%89.0%86.0%
0.150.570.430.350.870.410.276.536.848.308.6113.918.126.22
2.814.011.261.231.491.733.360.170.160.130.130.080.120.16
5.9%-194.1%2.9%1.7%16.0%38.0%42.0%11.8%-1.9%9.5%-4.8%9.7%27.0%81.7%
1.5%-38.8%1.3%0.8%6.4%13.9%9.6%10.1%-1.7%8.4%-4.3%8.8%24.0%70.2%
----132 days63 days84 days-------
----223 days88 days62 days-------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on OPTIMIZE GROUP

The operating result for 2020 is a profit of €140,713, after a loss of €327,427 in 2019. It is the highest result since 2017.

Debt's share of the balance-sheet total falls from 80.0% to 73.8%. Equity is higher and debt is lower.

Board & ownership

Last board

1 director, 1 in day-to-day management, last change in 2021
Sagive Greenspan
Director and managing director
appointed by deed of 23-03-2021 6-year term from 2021
Sagive Greenspan

Office holders in the KBO →

Mandates through the years

10 names, the dashed line is today
Sagive Greenspan
Director, Managing director
Andres Richter
Managing director
PKF-VMB Bedrijfsrevisoren
Statutory auditor
Arnon Ben Isaac
Managing director
ABUNO
Director
Frank Volders BVBA
Director
Lior Maza
Managing director
Aconda BVBA
Director
Benny Westaedt
Director
Etrha
Managing director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • Sagive Greenspan
    • Director, appointed by deed of 23-03-2021, still in office
    • Managing director, appointed by deed of 23-03-2021, still in office
  • Andres Richter
    • Director, appointed by deed of 05-04-2019, until 01-04-2021
    • Managing director, appointed by deed of 05-04-2019, until 01-04-2021
  • PKF-VMB Bedrijfsrevisoren
    • Statutory auditor, appointed by deed of 28-10-2020, until 28-10-2020
  • Arnon Ben Isaac
    • Director, appointed by deed of 05-04-2019, until 26-06-2020
    • Managing director, appointed by deed of 05-04-2019, until 26-06-2020
  • ABUNO
    • Director, appointed by deed of 17-01-2020, last mentioned in 2020
  • Frank Volders BVBA
    • Director, appointed by deed of 05-04-2019, until 17-01-2020
  • Lior Maza
    • Director, appointed by deed of 17-01-2020, last mentioned in 2020
    • Managing director, appointed by deed of 17-01-2020, last mentioned in 2020
  • Aconda BVBA
    • Director, until 18-03-2019
  • Benny Westaedt
    • Director, until 18-03-2019
  • Etrha
    • Director, until 18-03-2019
    • Managing director, until 18-03-2019

See the board, name and registered office on a given date →

Control

Consolidating parent
Sixlev Ltd IL
Source: parent in own accounts 2020
consolidates
This company
OPTIMIZE GROUP
Equity €1.2m
Profit €72,387 in 2020

Capital

Capital
€62,000
Source
2020 annual accounts

Owners through the years

as the annual accounts name them
Sixlev Ltd IL
consolidates
Priority Software Ltd IL
consolidates until 2019
M-SOFT HOLDING
84.95%
84.95% until 2018
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Network & group

Holdings

own 2020 accounts, the bar shows equity in euros
This companyOPTIMIZE GROUP1 holding, 1 country 2020 accounts

Belgium 1 Equity Result

Source: list of holdings in its own 2020 accounts. Every holding stands with its own latest accounts.

Parent

Sixlev Ltd
Israel

Earlier ties

Priority Software Belgium
via Frank Volders BVBA (at OPTIMIZE GROUP until 2020) and ABUNO (at OPTIMIZE GROUP, last mentioned in 2020) · Director · deeds of 07-11-2025 and 05-04-2019
founded in 1979
 21 FTE (2025)
Jamadata
via Frank Volders BVBA (at OPTIMIZE GROUP until 2020) and ABUNO (at OPTIMIZE GROUP, last mentioned in 2020) · Director · deeds of 17-01-2020 and 05-04-2019
No longer active
 3.8 FTE (2019)

Holdings through the years

2014 to 2020
Holdings through the years
Name2014201520162017201820192020
Priority Software Belgium 99.87%100%
Optimize PolandPL 100%
JUST SOFTWARE 99.96%

Source: list of holdings in its own accounts

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

32 events since 2003
2022
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed · Books and records kept in Pelt · General meeting of 16-12-20211 point ▸
  • General meeting, 16-12-2021
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2020 filed PDFabbreviated format · 65 days before the deadline
New managing directorSagive Greenspan appointed, Andres Richter resigned · Director discharge: Andres Richter · General meeting of 09-03-20217 points ▸

Open the deed in the Belgian Official Gazette

2020
Back to profit net €72,387 The net result is €72,387, after one loss-making year.
Appointment: PKF-VMB Bedrijfsrevisoren CVBA (statutory auditor)Permanent representative: Ingrid Vosch · General meeting of 14-10-20203 points ▸

Open the deed in the Belgian Official Gazette

Resignation: Arnon Ben Isaac (managing director)Director discharge: Arnon Ben Isaac · Board meeting of 02-06-20204 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFabbreviated format · 56 days before the deadline
2 directors appointed, 1 resignationResignation: Frank Volders BVBA · Permanent representatives: Frank Volders and Johan Pintens · Appointments: Abuno BVBA and Lior Maza (managing director) · General meeting of 18-12-201911 points ▸

Open the deed in the Belgian Official Gazette

2019
Weakest financial year net -€2.2m The net result drops to -€2.2m, the lowest from 2006 to 2020.
Annual accounts 2018 filed PDFabbreviated format · 56 days before the deadline
Permanent representative: Frank VoldersBoard meeting of 16-04-20193 points ▸

Open the deed in the Belgian Official Gazette

3 directors appointed, 3 resignationsResignations: Aconda BVBA, M-Soft Holding NV (managing director) and Benny Westaedt · Permanent representatives: Carl Fransman, Paolo Senes and Frank Volders · Appointments: Andres Richter (managing director), Arnon Ben Isaac (managing director) and Frank Volders BVBA · General meeting of 18-03-201914 points ▸

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFabbreviated format · 60 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 52 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 13 days before the deadline
2015
Highest result from 2006 to 2020 net €1.0m ▲47.3% The operating result of €1.2m and the net result of €1.0m are both a record.
Equity above €2m equity €2.7m ▲62.5% After 3 profitable years in a row, equity reaches €2.7m.
Annual accounts 2014 filed PDFabbreviated format · 29 days before the deadline
2014
Equity above €1m equity €1.7m ▲72.3% After 2 profitable years in a row, equity reaches €1.7m.
Annual accounts 2013 filed PDFabbreviated format · on the deadline day
2013
Back to profit net €115,135 The net result is €115,135, after one loss-making year.
Annual accounts 2010 filed PDFabbreviated format · 709 days late
Annual accounts 2011 filed PDFabbreviated format · 343 days late
Annual accounts 2012 filed PDFabbreviated format · 22 days before the deadline
2011
Back to profit net €83,473 The net result is €83,473, after one loss-making year.
2010
Annual accounts 2009 filed PDFabbreviated format · 31 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 111 days late
2007
Equity above €500,000 equity €572,498 ▲36.9% With a profit in every financial year since 2006, equity grows to €572,498.
Annual accounts 2006 filed PDFabbreviated format · 31 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2003
Incorporation PDF18 publications in the Belgian Official Gazette, the last on 16-02-2022

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets fell from €7.7m in 2018 to €4.7m in 2020.1 In 2022 OPTIMIZE GROUP was dissolved and its liquidation closed in a single deed.2

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian Official Gazette, 16-02-2022

Company details

Inactive

Dissolved and wound up

OPTIMIZE GROUP is no longer in the KBO register.

Status
Inactive
Reason
Dissolved and wound up in a single deedBelgian Official Gazette, 16 February 2022 · deed
Last annual accounts
financial year to 31 December 2020
Last registered office
Lieven Gevaertlaan - Nolimpark 1004, 3900 Peltas published on 16 February 2022
Legal form
Public limited company
First annual accounts
financial year 2004
Official KBO record

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