BOEL OPTIC SERVICE
ActiveSummary
BOEL OPTIC SERVICE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €24k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+69
Solvency73▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 2.25 in 2024; short-term debt: 44.3% and cash: 42% of total assets), but 52% 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.
−lowers risk+raises risk○neutral
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
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 · 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
48%
Return on assets
8.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
23 d late
2023
1 d early
2022
137 d late
2021
1 d early
2020
on the day
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€137k▲ 21.2%
2024 · €113k
2018: €88k
2019: €131k
2020: €111k
2021: €164k
2022: €175k
2023: €158k
2024: €113k
2018 → 2025
Total assets
€286k▲ 25.6%
2024 · €228k
2018: €294k
2019: €331k
2020: €282k
2021: €406k
2022: €367k
2023: €340k
2024: €228k
2018 → 2025
Net result
€24k
2024 · €-45k
2018: €80k
2019: €44k
2020: €-27k
2021: €53k
2022: €11k
2023: €-16k
2024: €-45k
2018 → 2025
Working capital
€138k▲ 47.6%
2024 · €93k
2018: €61k
2019: €64k
2020: €29k
2021: €56k
2022: €86k
2023: €110k
2024: €93k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€164k-€175k▲ 6.4%€158k▼ 9.2%€113k▼ 28.4%€137k▲ 21.2%
Operating result€57k-€21k▼ 63.9%€-12k€-42k▼ 245%€27k
Net result€53k-€11k▼ 80.2%€-16k€-45k▼ 179%€24k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €27k after a loss of €42k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€22k ▼ 63.7%
Current assets
€264k ▲ 57.3%
Equity and liabilities €286k
Equity
€137k ▲ 21.2%
Debt
€149k ▲ 29.9%
Debt's share of the balance-sheet total rises from 50.2% to 52.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65k▲
2024 · €3k
Cash flow
€62k▲
2024 · €368
Current ratio
2.08▼
2024 · 2.25
Quick ratio
1.59▲
2024 · 1.42
Debt to equity
1.08▲
2024 · 1.01
ROE
17.5%▲
2024 · -39.7%
ROA
8.4%▲
2024 · -19.8%
Interest coverage
21.96▲
2024 · 1.16
Debt ≤ 1 year
€127k▲
2024 · €75k
Debt > 1 year
€22k▼
2024 · €39k
Income taxes
€230▼
2024 · €290
Staff costs
€102k▲
2024 · €98k
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 · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€228k€286k▲
Fixed assets21/28€60k€22k▼
Tangible fixed assets22/27€60k€22k▼
Plant, machinery and equipment23€14k€7k▼
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€43k€13k▼
Financial fixed assets28€175€175=
Current assets29/58€168k€264k▲
Stocks and contracts in progress3€62k€62k▲
Stocks30/36€62k€62k▲
Amounts receivable within one year40/41€20k€49k▲
Trade receivables40€20k€43k▲
Other amounts receivable41-€5k
Current investments50/53€29k€29k=
Cash at bank and in hand54/58€52k€120k▲
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€228k€286k▲
Equity10/15€113k€137k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€45k€45k=
Non-distributable reserves130/1€31k€31k=
Reserves not available under the articles1311€2k€2k=
Own shares acquired1312€29k€29k=
Tax-exempt reserves132€14k€14k=
Profit (loss) carried forward14€49k€73k▲
Amounts payable17/49€115k€149k▲
Amounts payable after more than one year17€39k€22k▼
Financial debts170/4€39k€22k▼
Amounts payable within one year42/48€75k€127k▲
Current portion of amounts payable after more than one year42€18k€18k▲
Trade debts44€28k€64k▲
Suppliers440/4€28k€64k▲
Taxes, remuneration and social security45€21k€45k▲
Taxes450/3€15k€26k▲
Remuneration and social security454/9€7k€19k▲
Other amounts payable47/48€8k-
Accrued charges and deferred income492/3€1k€346▼
Income statement
Code20242025
Remuneration, social security and pensions62€98k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€38k▼
Other operating charges640/8€387€1k▲
Gross operating margin9900€102k€169k▲
Operating profit (loss)9901€-42k€27k▲
Financial income75/76B€179€42▼
Recurring financial income75€179€42▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-45k€24k▲
Income taxes67/77€290€230▼
Profit (loss) for the period9904€-45k€24k▲
Profit (loss) for the period to be appropriated9905€-45k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€73k▲
Profit (loss) brought forward from the previous period14P€94k€49k▼
Social balance
Average headcount (FTE)90872.32.0▼
The notes to these accounts (6 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 23 days late
2024
30-09
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 137 days late
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
30-09
Financial
Equity above €150kEq €164k ▲47.9%
Equity rises from €111k to €164k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €131k ▲50.1%
2 profitable years in a row build equity to €131k.
Show earlier events
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Grimbergen · 1 establishment unit since 1986
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.
Romeinsesteenweg 4401853 GrimbergenGround area
1.2 ha
Building footprint
5,912 m²
Volume, LiDAR
47,334 m³
Parcel 23084A0508/00F000, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PE
since 19862.034.513.632
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0508/00F000 | Flanders | 1.2 ha | 1 · 5,912 m² | 13.3 m · 3 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.
Similar companies · same sector, comparable size
EyEmotions
BE 0732.782.441
Hasselt · Eq €136,220
BEECKMAN OPTICS
BE 0820.393.930
Ninove · Eq €135,835
Optiek Tim
BE 1003.083.928
Overijse · Eq €135,769
OPTIEK DE DAGERAAD
BE 0423.138.348
Antwerpen · Eq €139,623
CCM-OPTICS
BE 1004.211.801
Koksijde · Eq €139,738
Of 1,730 companies in sector 47742 we hold annual accounts for 1,138. 995 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
Founded19-11-1986
Fiscal year end30-09
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.