OPTION
ActiveSummary
OPTION has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.41M and a net result of €-158k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35▼-8
Solvency50=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 3.62 in 2024; short-term debt: 3.1% and cash: 0.4% of total assets), but 74.5% of the assets are financed with debt.
Credit check 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 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 · 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
25.5%
Return on assets
-0.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
23 d early
2023
20 d early
2022
4 d early
2021
10 d early
2020
26 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.41M▼ 3.9%
2024 · €4.60M
2019: €1.03Mlowest in 7 years
2020: €1.11M▲ +7.3% vs 2019
2021: €1.23M▲ +10.7% vs 2020
2022: €1.36M▲ +11.3% vs 2021
2023: €1.44M▲ +5.9% vs 2022
2024: €4.60M▲ +218% vs 2023highest in 7 years
2025: €4.41M▼ -3.9% vs 2024
2019 → 2025
Total assets
€17.34M▼ 7.2%
2024 · €18.69M
2019: €2.81M
2020: €2.62M▼ -6.8% vs 2019lowest in 7 years
2021: €3.68M▲ +40.3% vs 2020
2022: €5.06M▲ +37.5% vs 2021
2023: €4.90M▼ -3.0% vs 2022
2024: €18.69M▲ +281% vs 2023highest in 7 years
2025: €17.34M▼ -7.2% vs 2024
2019 → 2025
Net result
€-158k
2024 · €33k
2019: €22k
2020: €77k▲ +243% vs 2019
2021: €120k▲ +56.7% vs 2020
2022: €139k▲ +15.7% vs 2021highest in 7 years
2023: €90k▼ -35.4% vs 2022
2024: €33k▼ -62.9% vs 2023
2025: €-158k▼ -577% vs 2024lowest in 7 years
2019 → 2025
Working capital
€917k▼ 39.8%
2024 · €1.52M
2019: €520k
2020: €541k▲ +4.0% vs 2019
2021: €543k▲ +0.4% vs 2020
2022: €452k▼ -16.7% vs 2021
2023: €-180k▼ -140% vs 2022lowest in 7 years
2024: €1.52M▲ +946% vs 2023highest in 7 years
2025: €917k▼ -39.8% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.23M-€1.36M▲ 11.3%€1.44M▲ 5.9%€4.60M▲ 218%€4.41M▼ 3.9%
2021: €1.23Mlowest in 5 years
2022: €1.36M▲ +11.3% vs 2021
2023: €1.44M▲ +5.9% vs 2022
2024: €4.60M▲ +218% vs 2023highest in 5 years
2025: €4.41M▼ -3.9% vs 2024
Operating result€165k-€217k▲ 31.2%€195k▼ 10.0%€229k▲ 17.2%€320k▲ 39.7%
2021: €165klowest in 5 years
2022: €217k▲ +31.2% vs 2021
2023: €195k▼ -10.0% vs 2022
2024: €229k▲ +17.2% vs 2023
2025: €320k▲ +39.7% vs 2024highest in 5 years
Net result€120k-€139k▲ 15.7%€90k▼ 35.4%€33k▼ 62.9%€-158k
2021: €120k
2022: €139k▲ +15.7% vs 2021highest in 5 years
2023: €90k▼ -35.4% vs 2022
2024: €33k▼ -62.9% vs 2023
2025: €-158k▼ -577% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.34M
Fixed assets
€15.88M ▼ 4.3%
Current assets
€1.46M ▼ 30.8%
Equity and liabilities €17.34M
Equity
€4.41M ▼ 3.9%
Provisions
€18k =
Debt
€12.90M ▼ 8.3%
Debt's share of the balance-sheet total falls from 75.3% to 74.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.04M▲
2024 · €550k
Cash flow
€567k▲
2024 · €354k
Current ratio
2.70▼
2024 · 3.62
Debt to equity
2.92▼
2024 · 3.06
ROE
-3.6%▼
2024 · 0.7%
ROA
-0.9%▼
2024 · 0.2%
Interest coverage
2.14▼
2024 · 2.87
Debt ≤ 1 year
€539k▼
2024 · €581k
Debt > 1 year
€12.11M▼
2024 · €13.30M
Income taxes
€5k▲
2024 · €4k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18.69M€17.34M▼
Fixed assets21/28€16.58M€15.88M▼
Tangible fixed assets22/27€16.58M€15.88M▼
Land and buildings22€16.34M€15.71M▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€62k€40k▼
Leasing and similar rights25€83k€54k▼
Other tangible fixed assets26€92k€72k▼
Current assets29/58€2.11M€1.46M▼
Amounts receivable within one year40/41€2.05M€319k▼
Trade receivables40€101k€316k▲
Other amounts receivable41€1.95M€4k▼
Current investments50/53-€1.05M
Cash at bank and in hand54/58€47k€73k▲
Deferred charges and accrued income490/1€12k€13k▲
Equity and liabilities
Total equity and liabilities10/49€18.69M€17.34M▼
Equity10/15€4.60M€4.41M▼
Contributions10/11€3.18M€3.18M=
Reserves13€866k€844k▼
Distributable reserves133€866k€844k▼
Profit (loss) carried forward14€547k€388k▼
Provisions and deferred taxes16€18k€18k=
Provisions for liabilities and charges160/5€18k€18k=
Pensions and similar obligations160€18k€18k=
Amounts payable17/49€14.08M€12.90M▼
Amounts payable after more than one year17€13.30M€12.11M▼
Financial debts170/4€13.30M€12.11M▼
Amounts payable within one year42/48€581k€539k▼
Current portion of amounts payable after more than one year42€308k€446k▲
Trade debts44€205k€4k▼
Suppliers440/4€205k€4k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€1k€30k▲
Taxes450/3€1k€30k▲
Other amounts payable47/48€67k€59k▼
Accrued charges and deferred income492/3€191k€256k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€321k€725k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€14k▲
Other operating charges640/8€36k€3k▼
Gross operating margin9900€586k€1.06M▲
Operating profit (loss)9901€229k€320k▲
Financial income75/76B€5€14k▲
Recurring financial income75€5€14k▲
Financial charges65/66B€192k€487k▲
Recurring financial charges65€192k€487k▲
Profit (loss) for the period before taxes9903€37k€-154k▼
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€33k€-158k▼
Profit (loss) for the period to be appropriated9905€33k€-158k▼
Appropriation of the result
Profit (loss) to be appropriated9906€580k€388k▼
Profit (loss) brought forward from the previous period14P€547k€547k=
Transfer from equity791/2€0€22k▲
Transfer to equity691/2€33k€0▼
To other reserves6921€33k€0▼
Profit to be distributed694/7€0€22k▲
Return on contributions (dividend)694€0€22k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3k | €30k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €224k | €188k | €267k | €321k | €725k | ▲ 126% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €7k | €0 | €14k | - |
| Other operating charges640/8 | - | €33k | €34k | €36k | €3k | ▼ 91.3% |
| Gross operating margin9900 | €423k | €438k | €503k | €586k | €1.06M | ▲ 81.0% |
| Operating profit (loss)9901 | €165k | €217k | €195k | €229k | €320k | ▲ 39.7% |
| Financial income75/76B | - | €3k | €20 | €5 | €14k | ▲ 258,859% |
| Recurring financial income75 | €4k | €3k | €20 | €5 | €14k | ▲ 258,859% |
| Financial charges65/66B | - | €63k | €96k | €192k | €487k | ▲ 154% |
| Recurring financial charges65 | €37k | €63k | €96k | €192k | €487k | ▲ 154% |
| Profit (loss) for the period before taxes9903 | €132k | €157k | €99k | €37k | €-154k | ▼ 515% |
| Income taxes67/77 | €12k | €18k | €10k | €4k | €5k | ▲ 17.4% |
| Profit (loss) for the period9904 | €120k | €139k | €90k | €33k | €-158k | ▼ 577% |
| Transfer from tax-exempt reserves789 | - | €19k | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €120k | €157k | €90k | €33k | €-158k | ▼ 577% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.68M | €5.06M | €4.90M | €18.69M | €17.34M | ▼ 7.2% |
| Fixed assets21/28 | €3.02M | €4.24M | €4.77M | €16.58M | €15.88M | ▼ 4.3% |
| Tangible fixed assets22/27 | €3.02M | €4.24M | €4.77M | €16.58M | €15.88M | ▼ 4.3% |
| Land and buildings22 | - | €4.00M | €4.48M | €16.34M | €15.71M | ▼ 3.9% |
| Plant, machinery and equipment23 | - | €2k | €2k | €4k | €3k | ▼ 25.5% |
| Furniture and vehicles24 | - | €66k | €57k | €62k | €40k | ▼ 36.3% |
| Leasing and similar rights25 | - | €142k | €113k | €83k | €54k | ▼ 35.5% |
| Other tangible fixed assets26 | - | €29k | €114k | €92k | €72k | ▼ 22.5% |
| Current assets29/58 | €663k | €820k | €139k | €2.11M | €1.46M | ▼ 30.8% |
| Amounts receivable within one year40/41 | €184k | €206k | €74k | €2.05M | €319k | ▼ 84.4% |
| Trade receivables40 | - | €24k | €24k | €101k | €316k | ▲ 212% |
| Other amounts receivable41 | - | €183k | €50k | €1.95M | €4k | ▼ 99.8% |
| Current investments50/53 | €400k | €400k | €0 | - | €1.05M | - |
| Cash at bank and in hand54/58 | €13k | €114k | €59k | €47k | €73k | ▲ 57.8% |
| Deferred charges and accrued income490/1 | - | €100k | €6k | €12k | €13k | ▲ 10.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.68M | €5.06M | €4.90M | €18.69M | €17.34M | ▼ 7.2% |
| Equity10/15 | €1.23M | €1.36M | €1.44M | €4.60M | €4.41M | ▼ 3.9% |
| Contributions10/11 | - | €65k | €65k | €3.18M | €3.18M | = |
| Reserves13 | €614k | €753k | €833k | €866k | €844k | ▼ 2.5% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €753k | €833k | €866k | €844k | ▼ 2.5% |
| Profit (loss) carried forward14 | €546k | €546k | €547k | €547k | €388k | ▼ 29.0% |
| Provisions and deferred taxes16 | €18k | €18k | €18k | €18k | €18k | = |
| Provisions for liabilities and charges160/5 | - | €18k | €18k | €18k | €18k | = |
| Pensions and similar obligations160 | - | €18k | €18k | €18k | €18k | = |
| Amounts payable17/49 | €2.44M | €3.68M | €3.44M | €14.08M | €12.90M | ▼ 8.3% |
| Amounts payable after more than one year17 | €2.32M | €3.31M | €3.12M | €13.30M | €12.11M | ▼ 9.0% |
| Financial debts170/4 | - | €3.31M | €3.12M | €13.30M | €12.11M | ▼ 9.0% |
| Amounts payable within one year42/48 | €120k | €368k | €319k | €581k | €539k | ▼ 7.2% |
| Current portion of amounts payable after more than one year42 | - | €160k | €177k | €308k | €446k | ▲ 44.8% |
| Trade debts44 | €19k | €117k | €37k | €205k | €4k | ▼ 98.1% |
| Suppliers440/4 | - | €117k | €37k | €205k | €4k | ▼ 98.1% |
| Advances received on contracts in progress46 | - | €8k | €8k | €0 | - | - |
| Taxes, remuneration and social security45 | - | €17k | €36k | €1k | €30k | ▲ 2,639% |
| Taxes450/3 | - | €17k | €36k | €1k | €30k | ▲ 2,639% |
| Other amounts payable47/48 | - | €67k | €62k | €67k | €59k | ▼ 11.5% |
| Accrued charges and deferred income492/3 | - | - | - | €191k | €256k | ▲ 34.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €120k | €139k | €90k | €33k | €-158k | ▼ 577% |
| + Depreciation and write-downs630 | €224k | €188k | €267k | €321k | €725k | ▲ 126% |
| Operating cash flow (approximation) | €344k | €326k | €357k | €354k | €567k | ▲ 59.9% |
| Investment in fixed assets (approximation) | - | €-1.41M | €-795k | €-12.14M | €-20k | ▲ 99.8% |
| Change in cash | - | €100k | €-55k | €-12k | €27k | ▲ 322% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-158k
Net result drops to €-158k, the lowest in the series.
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity times 8current ratio 3.62
Current ratio from 0.44 to 3.62.
30-06
Financial
Equity above €2MEq €4.60M ▲218%
6 profitable years in a row build equity to €4.60M.
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €139k ▲15.7%
Net result €139k, the highest in the series.
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Temse · 1 establishment unit since 1997
Ground area
1,447 m²
Building footprint
157 m²
Volume, LiDAR
1,150 m³
Parcel 46302D1671/00H000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Jan Albert De Rooverstraat 7, 9140 Temse
since 19972.084.012.534
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46302D1671/00H000 | Flanders | 1,447 m² | 1 · 156 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
5493008HPT6XHX9YYT65
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 12,280 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
Founded10-10-1997
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.