PHOTO-CINQUANTENAIRE

Active

Private limited company (pre-2019)founded 1986active for 40 yearsKeltenlaan 16A, 1040 Etterbeek, BelgiumKBO/BCE: BE 0429.058.516

Summary

PHOTO-CINQUANTENAIRE has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217,109 and a net result of €54,671. Equity is growing by about 37% per year across the filed financial years. Its solvency ranks better than 70% of 22,576 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

PHOTO-CINQUANTENAIREActiveChecked score 93/100

Risk analysis Report Compare

Activity

Retail sale of prescription glasses, lenses and sunglasses

NACE 47742Retail trade NACE 47782

1 site

Size

€383,790total assets 2025

Staff: 2.2 FTE
Equity: €217,109
Profit: €54,671

Turnover not published (micro format)

Financial health

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

2025 accounts on time4 deeds in the Belgian Official Gazette

Why 93raises riskFigures for financial year 2025 (filed 31-10-2025)lowers riskLiquidity: current ratio 1.98, cash €146,666Founded in 1986Equity €217,109 (56.6% of total assets)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 78% of its sector peers (NACE 47, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 82+20

equity 56.6% of total assets

Liquidity 77+37

short-term debt 43.4% · cash 38.2%

Profitability 87+11

return on assets 14.2%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,242 companies, NACE 47, micro)

Last 24 months 11-2024: 0.4% 12-2024: 0.5%▲ +0.1 percentage points vs 11-2024 01-2025: 0.8%▲ +0.3 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 1.2%▲ +0.4 percentage points vs 02-2025 04-2025: 2.4%▲ +1.2 percentage points vs 03-2025 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.5%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 2.4%▼ -0.1 percentage points vs 06-2025 08-2025: 2.4%● unchanged vs 07-2025 09-2025: 2.4%● unchanged vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 0.1%▼ -2.3 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026

Credit of up to €20,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.98, compared with 1.23 in 2023, above the usual 1.5; short-term debt: 43.4% and cash: 38.2% of total assets), and 43.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 70% on solvency, 82% on liquidity and 81% on profitability.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.98, cash €146,666

NBB · annual accounts

Figures for financial year 2025 (filed 31-10-2025)

NBB · annual accounts

Founded in 1986

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €217,109 (56.6% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

on the day

2023

on the day

2022

30 days late

2021

18 days late

2020

30 days late

2019

92 days late

2018

29 days 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 (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 18 November (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-03-2026 year end26-10-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-10-2025 Annual accounts filedfinancial year 2025 · micro…
31-03-2025 Highest result from 2019 to 2025net €54,671 ▲199%
31-03-2025 Equity above €200,000equity €217,109 ▲89%

Key points

Positive: Among the best 11% on net resultsector median €5,085 · 22,557 companies €54,671 View
Active since 1986founded 28-05-1986 40 years View
Total assets 20256 financial years filed €383,790 View

By topic

Financials

Financial year: 2025
Total assets: €383,790
Profit: €54,671
Solvency: 56.6%

Total assets▲ 23.1%

Net result

20192025

Go to Financials

Timeline

Events: 42
Since: 1988
Next accounts: by 31-10-2026

31-10-2023Annual accounts filed
31-03-2023Back to profit
31-03-2023Equity above €100,000

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Retail sale of prescription glasses, lenses and sunglassesNACE 47742
Founded: 28-05-1986
Year ends: 31-03
Peppol: Reachable for e-invoices

Go to Company details

Key facts about PHOTO-CINQUANTENAIRE

What is the company number of PHOTO-CINQUANTENAIRE?: 0429.058.516. In Belgium the VAT number is the company number with BE in front: BE 0429.058.516.
Where is PHOTO-CINQUANTENAIRE based?: The registered office is at Keltenlaan 16A, 1040 Etterbeek.Company details
What does PHOTO-CINQUANTENAIRE do?: According to the KBO register, the main activity is retail sale of prescription glasses, lenses and sunglasses (NACE 47742).
What is the legal form of PHOTO-CINQUANTENAIRE?: Private limited company (pre-2019) (BVBA).
When was PHOTO-CINQUANTENAIRE founded?: On 28-05-1986.
Is PHOTO-CINQUANTENAIRE still active?: Yes, PHOTO-CINQUANTENAIRE is an active enterprise in the KBO register.
How many employees does PHOTO-CINQUANTENAIRE have?: On average 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PHOTO-CINQUANTENAIRE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PHOTO-CINQUANTENAIRE profitable?: In financial year 2025, PHOTO-CINQUANTENAIRE made a profit of €54,671.
Where can I find the annual accounts of PHOTO-CINQUANTENAIRE?: PHOTO-CINQUANTENAIRE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PHOTO-CINQUANTENAIRE due?: By 31-10-2026, for financial year 2026.Timeline