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PETER VANORMELINGEN

Active
Private limited companyfounded 1998active for 28 yearsPrimulastraat 1, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0462.544.894

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 09-07-2026 at the NBB all 28 filings

Turnover
≈ €930,000
Estimated: probably between €670,000 and €1.5m
Total assets
€295,686▲ 40.5%
2024 · €210,429
Net result
€45,550▲ 19.3%
2024 · €38,195
Working capital
€110,959▼ 24.7%
2024 · €147,266
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 26% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€64,275 2025 Net result€45,550 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€79,359-€4,150▼ 94.8%€62,234▲ 15×€5,836▼ 90.6%€12,450▲ 113%€4,987▼ 59.9%€51,022▲ 923%€64,275▲ 26.0%
Net result€57,378-€470▼ 99.2%€42,505above the sector's middle half▲ 91×€941within the sector's middle half▼ 97.8%€6,652within the sector's middle half▲ 607%€2,317within the sector's middle half▼ 65.2%€38,195above the sector's middle half▲ 16×€45,550above the sector's middle half▲ 19.3%
Equity€71,793-€72,263▲ 0.7%€103,999within the sector's middle half▲ 43.9%€104,939within the sector's middle half▲ 0.9%€111,591within the sector's middle half▲ 6.3%€113,908within the sector's middle half▲ 2.1%€152,104above the sector's middle half▲ 33.5%€149,728above the sector's middle half▼ 1.6%
Total assets€166,850-€138,267▼ 17.1%€158,648within the sector's middle half▲ 14.7%€156,449within the sector's middle half▼ 1.4%€154,635within the sector's middle half▼ 1.2%€163,035within the sector's middle half▲ 5.4%€210,429within the sector's middle half▲ 29.1%€295,686within the sector's middle half▲ 40.5%
Debt€95,057-€66,004▼ 30.6%€54,649▼ 17.2%€51,509▼ 5.7%€43,044▼ 16.4%€49,126▲ 14.1%€58,326▲ 18.7%€145,958▲ 150%
Working capital€67,870-€63,137▼ 7.0%€90,161above the sector's middle half▲ 42.8%€92,868above the sector's middle half▲ 3.0%€102,057above the sector's middle half▲ 9.9%€106,015above the sector's middle half▲ 3.9%€147,266above the sector's middle half▲ 38.9%€110,959above the sector's middle half▼ 24.7%
Solvency43.0%-52.3%▲ 9.2pp65.6%above the sector's middle half▲ 13.3pp67.1%above the sector's middle half▲ 1.5pp72.2%above the sector's middle half▲ 5.1pp69.9%above the sector's middle half▼ 2.3pp72.3%above the sector's middle half▲ 2.4pp50.6%within the sector's middle half▼ 21.6pp
Current ratio1.81-2.07▲ 0.272.76above the sector's middle half▲ 0.682.86above the sector's middle half▲ 0.103.38above the sector's middle half▲ 0.523.16above the sector's middle half▼ 0.223.53above the sector's middle half▲ 0.372.18within the sector's middle half▼ 1.35
Return on assets (ROA)34.4%-0.3%▼ 34.0pp26.8%above the sector's middle half▲ 26.5pp0.6%within the sector's middle half▼ 26.2pp4.3%within the sector's middle half▲ 3.7pp1.4%within the sector's middle half▼ 2.9pp18.2%above the sector's middle half▲ 16.7pp15.4%above the sector's middle half▼ 2.7pp
Staff (FTE)3-4.7▲ 56.7%3.6above the sector's middle half▼ 23.4%3.3▼ 8.3%3.1▼ 6.1%2.9▼ 6.5%3▲ 3.4%2.9▼ 3.3%
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €295,686
Fixed assets €90,322 ▲ 18×
Current assets €205,365 ▼ 0.1%
Equity and liabilities €295,686
Equity €149,728 ▼ 1.6%
Debt €145,958 ▲ 150%
Debt's share of the balance-sheet total rises from 27.7% to 49.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€85,728▲
2024 · €54,022
Cash flow
€67,004▲
2024 · €41,195
Debt to equity
0.97▲
2024 · 0.38
ROE
30.4%▲
2024 · 25.1%
Interest coverage
24.14▼
2024 · 50.45
Debt ≤ 1 year
€94,405▲
2024 · €58,206
Debt > 1 year
€51,485
Income taxes
€19,338▲
2024 · €16,464
Staff costs
€159,466▲
2024 · €154,632
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as PETER VANORMELINGEN: retail sale of prescription glasses, lenses and sunglasses (NACE 47742). They are comparable in size and age: total assets between €239,000 and €366,000, founded between 1993 and 2002.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
PETER VANORMELINGEN Oudsbergen1998€295,686€149,728€255,481€45,550-2025
POINT DE MIRE BRABANT WALLON - RESEAU SOLIDARIS Tubize1995€289,590€149,987€238,188€13,918-2025
OPTIEK VEERLE DE LAUW Flobecq1999€277,028€98,951€282,548€48,304-2025
MICHEL S Brussel1998€238,976€94,694€264,760€31,975-2025
GOTECH Gent1993€308,207€220,461€221,490€3,494-2025
L'OPTICIEN BAUDINET Sprimont2001€342,377€205,232€210,051€65,96032025
ACTINAM Liège2002€366,377€42,466€306,121€103,8824.12025

They were chosen from the 1,186 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 31,368 companies had the same profile as PETER VANORMELINGEN has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of PETER VANORMELINGEN itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for PETER VANORMELINGEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Subsidies and aid

Flemish government

2022 · 1 entry · €310 awarded · €310 paid
Schemes
1 entry · €310 · €310 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines

Source: Annual accounts 2025 at the NBB, filed on 09-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€210,429€295,686▲
Fixed assets21/28€4,957€90,322▲
Tangible fixed assets22/27€4,837€90,172▲
Furniture and vehicles24€1,125€83,798▲
Other tangible fixed assets26€3,712€6,374▲
Financial fixed assets28€120€150▲
Current assets29/58€205,472€205,365▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€102,805€67,198▼
Trade receivables40€31,188€23,897▼
Other amounts receivable41€71,617€43,301▼
Current investments50/53€15,000€0▼
Cash at bank and in hand54/58€83,088€128,518▲
Deferred charges and accrued income490/1€4,579€9,648▲
Equity and liabilities
Total equity and liabilities10/49€210,429€295,686▲
Equity10/15€152,104€149,728▼
Contributions10/11€4,000€4,000=
Reserves13€148,104€145,728▼
Distributable reserves133€148,104€145,728▼
Profit (loss) carried forward14-€0
Amounts payable17/49€58,326€145,958▲
Amounts payable after more than one year17-€51,485
Financial debts170/4-€51,485
Amounts payable within one year42/48€58,206€94,405▲
Current portion of amounts payable after more than one year42€6,000€21,710▲
Financial debts43-€9
Credit institutions430/8-€9
Trade debts44€5,917€19,597▲
Suppliers440/4€5,917€19,597▲
Taxes, remuneration and social security45€46,289€53,088▲
Taxes450/3€13,032€19,280▲
Remuneration and social security454/9€33,257€33,808▲
Accrued charges and deferred income492/3€119€67▼
Income statement Code20242025
Remuneration, social security and pensions62€154,632€159,466▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,000€21,454▲
Other operating charges640/8€828€10,287▲
Gross operating margin9900€209,482€255,481▲
Operating profit (loss)9901€51,022€64,275▲
Financial income75/76B€4,707€4,166▼
Recurring financial income75€4,707€4,166▼
Financial charges65/66B€1,071€3,552▲
Recurring financial charges65€1,071€3,552▲
Profit (loss) for the period before taxes9903€54,659€64,889▲
Income taxes67/77€16,464€19,338▲
Profit (loss) for the period9904€38,195€45,550▲
Profit (loss) for the period to be appropriated9905€38,195€45,550▲
Appropriation of the result
Profit (loss) to be appropriated9906€38,195€45,550▲
Transfer from equity791/2-€47,925
Transfer to equity691/2€38,195€45,550▲
To other reserves6921€38,195€45,550▲
Profit to be distributed694/7-€47,925
Return on contributions (dividend)694-€47,925

The notes to these accounts have 20 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€120,373€139,979€145,778€154,632€159,466▲ 3.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,482€4,556€4,679€4,814€5,120€3,204€3,000€21,454▲ 615%
Other operating charges640/8---€529€1,102€697€828€10,287▲ 12×
Gross operating margin9900€228,908€207,266€169,221€131,552€158,651€154,666€209,482€255,481▲ 22.0%
Operating profit (loss)9901€79,359€4,150€62,234€5,836€12,450€4,987€51,022€64,275▲ 26.0%
Financial income75/76B---€393€1,124€2,190€4,707€4,166▼ 11.5%
Recurring financial income75€1,352€870€405€393€1,124€2,190€4,707€4,166▼ 11.5%
Financial charges65/66B---€2,709€2,175€1,487€1,071€3,552▲ 232%
Recurring financial charges65€1,993€2,784€3,048€2,709€2,175€1,487€1,071€3,552▲ 232%
Profit (loss) for the period before taxes9903€78,718€2,236€59,591€3,520€11,399€5,690€54,659€64,889▲ 18.7%
Income taxes67/77€21,340€1,766€17,087€2,579€4,747€3,373€16,464€19,338▲ 17.5%
Profit (loss) for the period9904€57,378€470€42,505€941€6,652€2,317€38,195€45,550▲ 19.3%
Transfer from tax-exempt reserves789---€568€0----
Profit (loss) for the period to be appropriated9905€57,378€470€51,505€1,509€6,652€2,317€38,195€45,550▲ 19.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€166,850€138,267€158,648€156,449€154,635€163,035€210,429€295,686▲ 40.5%
Fixed assets21/28€14,752€16,202€17,130€13,653€9,669€7,957€4,957€90,322▲ 18×
Tangible fixed assets22/27€14,632€16,082€17,010€13,533€9,549€7,837€4,837€90,172▲ 19×
Furniture and vehicles24---€5,118€3,978€3,195€1,125€83,798▲ 74×
Leasing and similar rights25---€1,584€0----
Other tangible fixed assets26---€6,831€5,571€4,641€3,712€6,374▲ 71.7%
Financial fixed assets28€120€120€120€120€120€120€120€150▲ 25.0%
Current assets29/58€152,098€122,065€141,518€142,796€144,966€155,078€205,472€205,365▼ 0.1%
Amounts receivable after more than one year29-----€16,500€0--
Other amounts receivable291-----€16,500€0--
Amounts receivable within one year40/41€50,567€31,017€38,837€43,612€46,430€65,794€102,805€67,198▼ 34.6%
Trade receivables40---€24,732€24,313€29,542€31,188€23,897▼ 23.4%
Other amounts receivable41---€18,880€22,117€36,252€71,617€43,301▼ 39.5%
Current investments50/53-----€30,000€15,000€0▼ 100%
Cash at bank and in hand54/58€89,725€90,079€101,288€87,331€81,825€35,302€83,088€128,518▲ 54.7%
Deferred charges and accrued income490/1---€11,853€16,711€7,482€4,579€9,648▲ 111%
Equity and liabilities
Total equity and liabilities10/49€166,850€138,267€158,648€156,449€154,635€163,035€210,429€295,686▲ 40.5%
Equity10/15€71,793€72,263€103,999€104,939€111,591€113,908€152,104€149,728▼ 1.6%
Contributions10/11€12,405€12,405-€4,000€4,000€4,000€4,000€4,000=
Reserves13€59,388€59,858€99,999€100,939€107,591€109,908€148,104€145,728▼ 1.6%
Tax-exempt reserves132---€0-----
Distributable reserves133---€100,939€107,591€109,908€148,104€145,728▼ 1.6%
Profit (loss) carried forward14---€0---€0-
Amounts payable17/49€95,057€66,004€54,649€51,509€43,044€49,126€58,326€145,958▲ 150%
Amounts payable after more than one year17€10,774€7,076€3,237€1,524€0--€51,485-
Financial debts170/4---€1,524€0--€51,485-
Amounts payable within one year42/48€84,229€58,928€51,357€49,928€42,909€49,063€58,206€94,405▲ 62.2%
Current portion of amounts payable after more than one year42---€1,575€1,376€0€6,000€21,710▲ 262%
Financial debts43-------€9-
Credit institutions430/8-------€9-
Trade debts44€5,975€5,659€12,599€8,609€4,512€6,056€5,917€19,597▲ 231%
Suppliers440/4---€8,609€4,512€6,056€5,917€19,597▲ 231%
Advances received on contracts in progress46---€0€1,425€0---
Taxes, remuneration and social security45---€39,744€35,596€43,007€46,289€53,088▲ 14.7%
Taxes450/3---€8,672€9,076€10,919€13,032€19,280▲ 47.9%
Remuneration and social security454/9---€31,072€26,521€32,087€33,257€33,808▲ 1.7%
Accrued charges and deferred income492/3---€57€135€64€119€67▼ 43.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€57,378€470€42,505€941€6,652€2,317€38,195€45,550▲ 19.3%
+ Depreciation and write-downs630€4,482€4,556€4,679€4,814€5,120€3,204€3,000€21,454▲ 615%
Operating cash flow (approximation)€61,861€5,025€47,184€5,755€11,772€5,521€41,195€67,004▲ 62.7%
Investment in fixed assets (approximation)--€6,006-€5,607-€1,337-€1,136-€1,492€0-€106,818-
Change in cash-€354€11,209-€13,957-€5,506-€46,523€47,786€45,430▼ 4.9%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 09-07-2026 2026-00271616 NBB
31-12-2024 micro format 01-07-2025 2025-00204962 PDF
31-12-2023 micro format 19-06-2024 2024-00140635 PDF
31-12-2022 micro format 22-08-2023 2023-00340791 PDF
31-12-2021 micro format 30-06-2022 2022-20112504 PDF
31-12-2020 micro format 02-07-2021 2021-31000432 PDF
31-12-2019 micro format 14-07-2020 2020-30900511 PDF
31-12-2018 micro format 28-06-2019 2019-25500322 PDF
31-12-2017 micro format 25-07-2018 2018-40200589 PDF
31-12-2016 micro format 28-06-2017 2017-24000362 PDF

Show all 28 filings

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