OPTIWATT
ActiveSummary
OPTIWATT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €532,705 and a net result of €142,614. Equity is growing by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 2028 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+2
Solvency80▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.27 in 2024; short-term debt: 38.4% and cash: 16.3% of total assets), and 44.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
55.3%
Return on assets
14.8%
Age of the figures
9 mo
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
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
29 d late
2023
29 d late
2022
23 d late
2021
18 d late
2020
27 d late
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€142,614▲ 38.2%
2024 · €103,185
Working capital
€470,286▲ 4.4%
2024 · €450,489
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,355▲ 3,813%€31,582▲ 63.2%€89,112▲ 182%€150,233▲ 68.6%€196,697▲ 30.9%
Net result€13,257€19,448▲ 46.7%€59,477▲ 206%€103,185▲ 73.5%€142,614▲ 38.2%
Equity€117,157▲ 11.7%€136,605▲ 16.6%€260,808▲ 90.9%€389,433▲ 49.3%€532,705▲ 36.8%
Total assets€415,698▲ 8.1%€508,100▲ 22.2%€696,491▲ 37.1%€815,305▲ 17.1%€963,208▲ 18.1%
Debt€298,540▲ 6.8%€371,495▲ 24.4%€435,683▲ 17.3%€425,872▼ 2.3%€430,503▲ 1.1%
Working capital€160,881▲ 4.5%€249,949▲ 55.4%€335,123▲ 34.1%€450,489▲ 34.4%€470,286▲ 4.4%
Staff (FTE)1=1=1.9▲ 90.0%2▲ 5.3%2=
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 31% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €963,208
Fixed assets
€123,526 ▲ 1,174%
Current assets
€839,682 ▲ 4.2%
Equity and liabilities €963,208
Equity
€532,705 ▲ 36.8%
Debt
€430,503 ▲ 1.1%
Debt's share of the balance-sheet total falls from 52.2% to 44.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€231,712▲
2024 · €151,890
Cash flow
€177,628▲
2024 · €104,842
Current ratio
2.27▲
2024 · 2.27
Quick ratio
1.80▲
2024 · 1.46
Debt to equity
0.81▼
2024 · 1.09
ROE
26.8%▲
2024 · 26.5%
ROA
14.8%▲
2024 · 12.7%
Interest coverage
26.25▲
2024 · 11.07
Debt ≤ 1 year
€369,396▲
2024 · €355,123
Debt > 1 year
€50,030▼
2024 · €70,749
Income taxes
€45,258▲
2024 · €33,332
Staff costs
€227,812▲
2024 · €171,487
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 34,672 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €84 | €0 | - | - | - |
| Remuneration, social security and pensions62 | €59,699 | €78,228 | €176,587 | €171,487 | €227,812 | ▲ 32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €998 | €39 | €1,490 | €1,657 | €35,015 | ▲ 2,013% |
| Other operating charges640/8 | €6,902 | €24,463 | €2,613 | €4,774 | €4,410 | ▼ 7.6% |
| Non-recurring operating charges66A | - | €180 | €0 | - | - | - |
| Gross operating margin9900 | €86,954 | €134,492 | €269,802 | €328,151 | €463,933 | ▲ 41.4% |
| Operating profit (loss)9901 | €19,355 | €31,582 | €89,112 | €150,233 | €196,697 | ▲ 30.9% |
| Financial income75/76B | €0 | €0 | €147 | €4 | €2 | ▼ 46.7% |
| Recurring financial income75 | €0 | €0 | €147 | €4 | €2 | ▼ 46.7% |
| Financial charges65/66B | €5,951 | €8,928 | €11,394 | €13,720 | €8,828 | ▼ 35.7% |
| Recurring financial charges65 | €5,951 | €8,928 | €11,394 | €13,720 | €8,828 | ▼ 35.7% |
| Profit (loss) for the period before taxes9903 | €13,403 | €22,654 | €77,865 | €136,517 | €187,872 | ▲ 37.6% |
| Income taxes67/77 | €146 | €3,206 | €18,387 | €33,332 | €45,258 | ▲ 35.8% |
| Profit (loss) for the period9904 | €13,257 | €19,448 | €59,477 | €103,185 | €142,614 | ▲ 38.2% |
| Profit (loss) for the period to be appropriated9905 | €13,257 | €19,448 | €59,477 | €103,185 | €142,614 | ▲ 38.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €415,698 | €508,100 | €696,491 | €815,305 | €963,208 | ▲ 18.1% |
| Fixed assets21/28 | €5,510 | €6,848 | €11,350 | €9,692 | €123,526 | ▲ 1,174% |
| Intangible fixed assets21 | - | - | - | - | €61,149 | - |
| Tangible fixed assets22/27 | €0 | €1,338 | €5,840 | €4,182 | €56,867 | ▲ 1,260% |
| Plant, machinery and equipment23 | - | - | - | - | €243 | - |
| Furniture and vehicles24 | €0 | €1,338 | €5,840 | €4,182 | €56,624 | ▲ 1,254% |
| Financial fixed assets28 | €5,510 | €5,510 | €5,510 | €5,510 | €5,510 | = |
| Current assets29/58 | €410,187 | €501,252 | €685,141 | €805,612 | €839,682 | ▲ 4.2% |
| Stocks and contracts in progress3 | €165,290 | €189,254 | €288,724 | €288,470 | €176,259 | ▼ 38.9% |
| Stocks30/36 | - | €22,290 | €52,305 | €57,501 | €73,054 | ▲ 27.0% |
| Contracts in progress37 | €165,290 | €166,964 | €236,419 | €230,969 | €103,205 | ▼ 55.3% |
| Amounts receivable within one year40/41 | €118,115 | €249,200 | €84,839 | €179,089 | €347,023 | ▲ 93.8% |
| Trade receivables40 | €116,511 | €245,296 | €84,839 | €179,083 | €337,110 | ▲ 88.2% |
| Other amounts receivable41 | €1,604 | €3,905 | €0 | €6 | €9,913 | ▲ 167,349% |
| Cash at bank and in hand54/58 | €36,891 | €6,244 | €87 | €265,111 | €157,265 | ▼ 40.7% |
| Deferred charges and accrued income490/1 | €89,891 | €56,554 | €311,491 | €72,942 | €159,135 | ▲ 118% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €415,698 | €508,100 | €696,491 | €815,305 | €963,208 | ▲ 18.1% |
| Equity10/15 | €117,157 | €136,605 | €260,808 | €389,433 | €532,705 | ▲ 36.8% |
| Contributions10/11 | €100,250 | €100,250 | €164,975 | €190,415 | €191,074 | ▲ 0.3% |
| Outside capital11 | - | €100,250 | - | - | - | - |
| Share premium1100/10 | - | €100,250 | - | - | - | - |
| Reserves13 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Non-distributable reserves130/1 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves not available under the articles1311 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €14,407 | €33,855 | €93,333 | €196,518 | €339,131 | ▲ 72.6% |
| Amounts payable17/49 | €298,540 | €371,495 | €435,683 | €425,872 | €430,503 | ▲ 1.1% |
| Amounts payable after more than one year17 | €15,546 | €120,192 | €85,665 | €70,749 | €50,030 | ▼ 29.3% |
| Financial debts170/4 | €15,546 | €120,192 | €85,665 | €70,749 | €50,030 | ▼ 29.3% |
| Amounts payable within one year42/48 | €249,306 | €251,303 | €350,018 | €355,123 | €369,396 | ▲ 4.0% |
| Current portion of amounts payable after more than one year42 | €80,888 | €99,480 | €100,526 | €118,105 | €126,805 | ▲ 7.4% |
| Financial debts43 | - | - | €9,750 | €23 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | €9,750 | €23 | €0 | ▼ 100% |
| Trade debts44 | €156,765 | €104,437 | €197,636 | €118,985 | €136,173 | ▲ 14.4% |
| Suppliers440/4 | €156,765 | €104,437 | €197,636 | €118,985 | €136,173 | ▲ 14.4% |
| Taxes, remuneration and social security45 | €11,472 | €37,323 | €42,107 | €117,364 | €105,870 | ▼ 9.8% |
| Taxes450/3 | €966 | €27,741 | €19,976 | €97,988 | €79,298 | ▼ 19.1% |
| Remuneration and social security454/9 | €10,507 | €9,582 | €22,131 | €19,376 | €26,572 | ▲ 37.1% |
| Other amounts payable47/48 | €180 | €10,064 | €0 | €646 | €547 | ▼ 15.3% |
| Accrued charges and deferred income492/3 | €33,688 | €0 | - | - | €11,076 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,257 | €19,448 | €59,477 | €103,185 | €142,614 | ▲ 38.2% |
| + Depreciation and write-downs630 | €998 | €39 | €1,490 | €1,657 | €35,015 | ▲ 2,013% |
| Operating cash flow (approximation) | €14,255 | €19,487 | €60,967 | €104,842 | €177,628 | ▲ 69.4% |
| Investment in fixed assets (approximation) | - | -€1,377 | -€5,992 | €0 | -€148,848 | - |
| Change in cash | - | -€30,647 | -€6,157 | €265,024 | -€107,846 | ▼ 141% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €142,614 ▲38.2%
Operating result €196,697, net result €142,614, both a record.
31-12
Financial
Equity above €500,000Eq €532,705 ▲36.8%
5 profitable years in a row build equity to €532,705.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Equity above €200,000Eq €260,808 ▲90.9%
3 profitable years in a row build equity to €260,808.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
2021
31-12
Financial
Back to profitnet €13,257
Net result €13,257 after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
31-12
Financial
Weakest financial yearnet -€11,433
Net result drops to -€11,433, the lowest in the series; recovery starts the following year.
Show earlier events
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 61 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Braine-le-Château · 1 establishment unit since 2013
Ground area
1,425 m²
Building footprint
104 m²
Volume, LiDAR
554 m³
Parcel 25111A0025/00G000, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OPTIWATT
since 20132.219.389.593
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0025/00G000 | Wallonia | 1,425 m² | 1 · 104 m² | 7.2 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.
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
- STORMS CONSULTING
- OPTIWATT
Highest known parent: STORMS CONSULTING. The sources do not say who stands above it.
Owners 2
- STORMS CONSULTINGparent60.6%
-
1.69%
Holdings 1
-
0.38%
According to the 2021 annual accounts of OPTIWATT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
4 categoriesOPTIWATT scrl45177
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Prelude
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Th!nk E
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Celestia Antwerp
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 4,336 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded23-05-2013
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
74999Other professional, scientific and technical activities
Contact
Website
www.optiwatt.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0534730217
Registered
20-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.