OPTIWATCH
Active1 interim measureSummary
The file of OPTIWATCH contains 1 interim measure and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 14.8% (high). The 2025 annual accounts show negative equity (-€16,031) and a net result of -€17,694. The figures fluctuate too strongly year-on-year for a reliable trend projection.
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Signals
This company filed its last 7 accounts on average 147 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
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Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 14.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €33,919 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,162 | €0 | - | - | €25 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €889 | €15,000 | €0 | - | - |
| Other operating charges640/8 | €2,093 | €130 | €1,138 | €631 | €2,490 | ▲ 295% |
| Non-recurring operating charges66A | - | €5,843 | €0 | - | - | - |
| Gross operating margin9900 | €37,402 | €18,738 | €42,671 | -€8,287 | -€1,335 | ▲ 83.9% |
| Operating profit (loss)9901 | -€1,773 | €11,877 | €26,533 | -€8,917 | -€3,851 | ▲ 56.8% |
| Financial income75/76B | €2,323 | €3,820 | €0 | - | - | - |
| Recurring financial income75 | €2,323 | €3,820 | €0 | - | - | - |
| Financial charges65/66B | €479 | €352 | €525 | €325 | €153 | ▼ 52.8% |
| Recurring financial charges65 | €479 | €352 | €525 | €325 | €153 | ▼ 52.8% |
| Profit (loss) for the period before taxes9903 | €72 | €15,345 | €26,007 | -€9,242 | -€4,004 | ▲ 56.7% |
| Income taxes67/77 | - | - | - | - | €13,690 | - |
| Profit (loss) for the period9904 | €72 | €15,345 | €26,007 | -€9,242 | -€17,694 | ▼ 91.5% |
| Profit (loss) for the period to be appropriated9905 | €72 | €15,345 | €26,007 | -€9,242 | -€17,694 | ▼ 91.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15,606 | €34,369 | €40,196 | €36,100 | €12,244 | ▼ 66.1% |
| Fixed assets21/28 | €5,843 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €5,843 | €0 | - | - | - | - |
| Plant, machinery and equipment23 | €4,584 | €0 | - | - | - | - |
| Furniture and vehicles24 | €1,260 | €0 | - | - | - | - |
| Current assets29/58 | €9,763 | €34,369 | €40,196 | €36,100 | €12,244 | ▼ 66.1% |
| Amounts receivable within one year40/41 | €1,402 | €13,919 | €39,134 | €33,899 | €9,613 | ▼ 71.6% |
| Trade receivables40 | - | €9,404 | €9,404 | €4,904 | €9,360 | ▲ 90.9% |
| Other amounts receivable41 | €1,402 | €4,514 | €29,729 | €28,994 | €253 | ▼ 99.1% |
| Cash at bank and in hand54/58 | €8,361 | €20,451 | €1,062 | €2,201 | €2,631 | ▲ 19.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15,606 | €34,369 | €40,196 | €36,100 | €12,244 | ▼ 66.1% |
| Equity10/15 | -€30,448 | -€15,103 | €10,904 | €1,663 | -€16,031 | ▼ 1,064% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€50,908 | -€35,563 | -€9,556 | -€18,797 | -€36,491 | ▼ 94.1% |
| Amounts payable17/49 | €46,055 | €49,473 | €29,291 | €34,437 | €28,275 | ▼ 17.9% |
| Amounts payable within one year42/48 | €46,055 | €46,170 | €24,086 | €29,838 | €27,875 | ▼ 6.6% |
| Trade debts44 | €24,314 | €23,753 | €23,762 | €24,586 | €11,502 | ▼ 53.2% |
| Suppliers440/4 | €24,314 | €23,753 | €23,762 | €24,586 | €11,502 | ▼ 53.2% |
| Taxes, remuneration and social security45 | €13,612 | €8,791 | €0 | - | - | - |
| Taxes450/3 | €15 | €0 | - | - | - | - |
| Remuneration and social security454/9 | €13,597 | €8,791 | €0 | - | - | - |
| Other amounts payable47/48 | €8,129 | €13,626 | €324 | €5,252 | €16,374 | ▲ 212% |
| Accrued charges and deferred income492/3 | - | €3,303 | €5,205 | €4,599 | €400 | ▼ 91.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72 | €15,345 | €26,007 | -€9,242 | -€17,694 | ▼ 91.5% |
| + Depreciation and write-downs630 | €3,162 | €0 | - | - | €25 | - |
| Operating cash flow (approximation) | €3,234 | €15,345 | €26,007 | -€9,242 | -€17,669 | ▼ 91.2% |
| Investment in fixed assets (approximation) | - | €5,843 | - | - | - | - |
| Change in cash | - | €12,090 | -€19,389 | €1,139 | €430 | ▼ 62.2% |
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
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About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0521/00G000 | Flanders | 2,951 m² | 1 · 956 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.