RUTH OPTIEK
ActiveRUTH OPTIEK has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €-17k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 18281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-66
Solvency91▼-9
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.56 against 4.06 in 2024; short-term debt: 34.1% and cash: 43.3% of total assets), and 34.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
22 d early
2023
6 d early
2022
29 d late
2021
4 d early
2020
12 d early
2019
61 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€122k▼ 59.7%
2024 · €303k
2018: €138k
2019: €142k
2020: €158k
2021: €188k
2022: €218k
2023: €272k
2024: €303k
2018 → 2025
Total assets
€185k▼ 53.1%
2024 · €395k
2018: €320k
2019: €280k
2020: €311k
2021: €329k
2022: €331k
2023: €369k
2024: €395k
2018 → 2025
Net result
€-17k
2024 · €31k
2018: €8k
2019: €11k
2020: €23k
2021: €36k
2022: €30k
2023: €55k
2024: €31k
2018 → 2025
Working capital
€99k▼ 64.8%
2024 · €281k
2018: €143k
2019: €136k
2020: €131k
2021: €164k
2022: €196k
2023: €248k
2024: €281k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€188k-€218k▲ 15.8%€272k▲ 25.2%€303k▲ 11.3%€122k▼ 59.7%
Operating result€49k-€53k▲ 7.7%€89k▲ 68.0%€34k▼ 61.8%€24k▼ 28.7%
Net result€36k-€30k▼ 18.3%€55k▲ 84.0%€31k▼ 43.6%€-17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185k
Fixed assets
€23k▲ 4.7%
Current assets
€162k▼ 56.5%
Equity and liabilities €185k
Equity
€122k▼ 59.7%
Debt
€63k▼ 31.1%
The debt ratio rises from 23.2% to 34.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€30k▼
2024 · €39k
Cash flow
€-12k▼
2024 · €36k
Solvency
65.9%▼
2024 · 76.8%
Current ratio
2.56▼
2024 · 4.06
Quick ratio
1.54▼
2024 · 3.20
Debt / equity
0.52▲
2024 · 0.30
ROE
-14.2%▼
2024 · 10.2%
ROA
-9.3%▼
2024 · 7.8%
Interest coverage
0.74▼
2024 · 7.46
Debt
€63k▼
2024 · €92k
Debt ≤ 1 year
€63k▼
2024 · €92k
Income taxes
€1k▼
2024 · €14k
Staff costs
€55k▲
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€395k€185k▼
Fixed assets21/28€22k€23k▲
Tangible fixed assets22/27€22k€23k▲
Plant, machinery and equipment23€17k€18k▲
Furniture and vehicles24€5k€5k▲
Financial fixed assets28€429€429=
Current assets29/58€372k€162k▼
Stocks and contracts in progress3€79k€64k▼
Stocks30/36€79k€64k▼
Amounts receivable within one year40/41€268k€12k▼
Trade receivables40€3k€0▼
Other amounts receivable41€265k€12k▼
Cash at bank and in hand54/58€21k€80k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€395k€185k▼
Equity10/15€303k€122k▼
Contributions10/11€19k€19k=
Reserves13€285k€121k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€279k€115k▼
Profit (loss) carried forward14-€-17k
Amounts payable17/49€92k€63k▼
Amounts payable within one year42/48€92k€63k▼
Current portion of amounts payable after more than one year42€3k€2k▼
Financial debts43€207€10▼
Credit institutions430/8€207€10▼
Trade debts44€36k€26k▼
Suppliers440/4€36k€26k▼
Taxes, remuneration and social security45€52k€27k▼
Taxes450/3€46k€20k▼
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48-€9k
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€49k€55k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€92k€88k▼
Operating profit (loss)9901€34k€24k▼
Financial income75/76B€16k€17▼
Recurring financial income75€16k€17▼
Financial charges65/66B€5k€40k▲
Recurring financial charges65€5k€40k▲
Profit (loss) for the period before taxes9903€45k€-16k▼
Income taxes67/77€14k€1k▼
Profit (loss) for the period9904€31k€-17k▼
Profit (loss) for the period to be appropriated9905€31k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€-17k▼
Transfer from equity791/2-€164k
Transfer to equity691/2€31k€0▼
To other reserves6921€31k€0▼
Profit to be distributed694/7-€164k
Return on contributions (dividend)694-€164k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-17k ▼156%
Net result drops to €-17k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €55k ▲84%
Operating result €89k, net result €55k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Equity above €200kEq €218k ▲15.8%
5 profitable years in a row build equity to €218k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €158k ▲11.2%
3 profitable years in a row build equity to €158k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Halle · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Klinkaert 51500 HalleGround area
166 m²
Building footprint
149 m²
Volume, LiDAR
1,048 m³
Parcel 23027G0265/00V000, Flanders · tallest building 13.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Optiek Ruth
since 20032.133.538.160
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23027G0265/00V000 | Flanders | 166 m² | 1 · 149 m² | 13.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
254900L92RZNI0Q3UR74
Similar companies · same sector, comparable size
JEURICON
BE 0470.941.433
Diepenbeek · Eq €122k
CARDON OPTICS
BE 0441.611.405
Aalst · Eq €122k
OPTICAL SERVICES
BE 0885.560.708
Wemmel · Eq €122k
BONNESIRE OPTICIENS
BE 0507.612.480
Aywaille · Eq €122k
BAECKENS OPTICS
BE 0422.822.901
Merchtem · Eq €123k
Of 1,730 companies in sector 47742 we hold annual accounts for 1,138. 991 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2003
Fiscal year end31-12
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
52485
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.