THEIA OPTICS
ActiveSummary
The computed 12-month bankruptcy probability of THEIA OPTICS is 2.3% (moderate). The 2024 annual accounts show equity of €38k and a net result of €8k. Its solvency ranks better than 66% of 26043 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-18
Solvency76▲+11
Growth52
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 1.84 in 2023; short-term debt: 22.7% and cash: 42.8% of total assets), and 49.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
50.9%
Return on assets
10.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
64 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€38k▲ 25.8%
2023 · €30k
2023: €30k
2023 → 2024
Total assets
€74k▼ 0.4%
2023 · €75k
2023: €75k
2023 → 2024
Net result
€8k▼ 71.8%
2023 · €28k
2023: €28k
2023 → 2024
Working capital
€26k▲ 61.8%
2023 · €16k
2023: €16k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€30k-€38k▲ 25.8%
Operating result€35k-€12k▼ 66.2%
Net result€28k-€8k▼ 71.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 66% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74k
Fixed assets
€32k ▼ 20.4%
Current assets
€42k ▲ 22.6%
Equity and liabilities €74k
Equity
€38k ▲ 25.8%
Debt
€36k ▼ 18.1%
Debt's share of the balance-sheet total falls from 59.7% to 49.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▼
2023 · €36k
Cash flow
€16k▼
2023 · €28k
Current ratio
2.52▲
2023 · 1.84
Debt to equity
0.97▼
2023 · 1.48
ROE
20.5%▼
2023 · 91.7%
ROA
10.5%▼
2023 · 36.9%
Interest coverage
13.09▼
2023 · 66.83
Debt ≤ 1 year
€17k▼
2023 · €19k
Debt > 1 year
€20k▼
2023 · €26k
Income taxes
€3k▼
2023 · €7k
Staff costs
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€75k€74k▼
Fixed assets21/28€40k€32k▼
Tangible fixed assets22/27€40k€32k▼
Furniture and vehicles24€40k€32k▼
Current assets29/58€35k€42k▲
Amounts receivable within one year40/41€11k€8k▼
Trade receivables40€10k€7k▼
Other amounts receivable41€901€880▼
Cash at bank and in hand54/58€22k€32k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€75k€74k▼
Equity10/15€30k€38k▲
Contributions10/11€3k€3k=
Reserves13€27k€35k▲
Distributable reserves133€27k€35k▲
Profit (loss) carried forward14€513€270▼
Amounts payable17/49€45k€36k▼
Amounts payable after more than one year17€26k€20k▼
Financial debts170/4€26k€20k▼
Amounts payable within one year42/48€19k€17k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€8k-
Credit institutions430/8€8k-
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€2k€8k▲
Taxes450/3-€5k
Remuneration and social security454/9€2k€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€712€8k▲
Other operating charges640/8€699€414▼
Gross operating margin9900€37k€24k▼
Operating profit (loss)9901€35k€12k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€537€2k▲
Recurring financial charges65€537€2k▲
Profit (loss) for the period before taxes9903€35k€10k▼
Income taxes67/77€7k€3k▼
Profit (loss) for the period9904€28k€8k▼
Profit (loss) for the period to be appropriated9905€28k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€8k▼
Profit (loss) brought forward from the previous period14P-€513
Transfer to equity691/2€27k€8k▼
To other reserves6921€27k€8k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
3 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, Kalmthout · 1 establishment unit since 2023
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.
Heuvelspad (C) 62920 KalmthoutGround area
1,772 m²
Building footprint
309 m²
Volume, LiDAR
983 m³
2 parcels, Flanders · tallest building 14.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THEIA OPTICS
since 20232.343.201.878
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11022F0006/00T019 | Flanders | 1,650 m² | 1 · 205 m² | 14.7 m |
| 11022G0773/00M002 | Flanders | 122 m² | 1 · 104 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DIMI OPTIX
BE 0806.562.126
De Haan · Eq €38,187
OPTIEK CK
BE 0637.788.163
Hechtel-Eksel · Eq €38,259
OPTIEK MARK PAULY
BE 0455.714.809
Riemst · Eq €37,176
BARATTIN M.
BE 0810.675.619
Liège · Eq €37,148
FREEBIRD STUDIO
BE 0628.526.940
Frameries · Eq €38,456
Of 1,730 companies in sector 47742 we hold annual accounts for 1,138. 856 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:pheline.theiaoptics@gmail.com