Churchill Optique
ActiveSummary
Churchill Optique has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €203k and a net result of €1k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 55% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-17
Solvency62=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 1.96 in 2023; short-term debt: 34.6% and cash: 16.7% of total assets), but 63.4% 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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
33 d early
2022
17 d late
2021
31 d early
2020
5 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1k▼ 98.5%
2023 · €82k
2018: €-29k
2019: €823
2020: €15k
2021: €-12k
2022: €-29k
2023: €82k
2018 → 2024
Working capital
€216k▲ 17.0%
2023 · €184k
2018: €85k
2019: €159k
2020: €109k
2021: €51k
2022: €41k
2023: €184k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€171k-€163k▼ 4.7%€135k▼ 17.4%€219k▲ 62.1%€203k▼ 7.4%
Operating result€-10k-€-7k▲ 36.9%€-25k▼ 285%€108k€14k▼ 87.3%
Net result€15k-€-12k€-29k▼ 136%€82k€1k▼ 98.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 87% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €553k
Fixed assets
€146k ▼ 32.9%
Current assets
€407k ▲ 7.9%
Equity and liabilities €553k
Equity
€203k ▼ 7.4%
Debt
€350k ▼ 6.8%
Debt's share of the balance-sheet total rises from 63.2% to 63.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€90k▼
2023 · €191k
Cash flow
€77k▼
2023 · €165k
Current ratio
2.13▲
2023 · 1.96
Quick ratio
1.40▲
2023 · 1.22
Debt to equity
1.73▲
2023 · 1.72
ROE
0.6%▼
2023 · 37.4%
ROA
0.2%▼
2023 · 13.8%
Interest coverage
6.72▼
2023 · 18.18
Debt ≤ 1 year
€191k▼
2023 · €193k
Debt > 1 year
€155k▼
2023 · €181k
Income taxes
€6k▼
2023 · €22k
Staff costs
€239k▲
2023 · €200k
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 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€594k€553k▼
Fixed assets21/28€217k€146k▼
Intangible fixed assets21€8k€3k▼
Tangible fixed assets22/27€204k€137k▼
Plant, machinery and equipment23€19k€19k▲
Furniture and vehicles24€19k€6k▼
Other tangible fixed assets26€166k€112k▼
Financial fixed assets28€6k€6k=
Current assets29/58€377k€407k▲
Stocks and contracts in progress3€141k€139k▼
Stocks30/36€141k€139k▼
Amounts receivable within one year40/41€100k€39k▼
Trade receivables40€33k€13k▼
Other amounts receivable41€67k€27k▼
Current investments50/53€54k€132k▲
Cash at bank and in hand54/58€73k€92k▲
Deferred charges and accrued income490/1€9k€4k▼
Equity and liabilities
Total equity and liabilities10/49€594k€553k▼
Equity10/15€219k€203k▼
Contributions10/11€20k€19k▼
Revaluation surpluses12€4k-
Reserves13€188k€180k▼
Tax-exempt reserves132€93k€93k=
Distributable reserves133€95k€87k▼
Investment grants15€6k€4k▼
Amounts payable17/49€375k€350k▼
Amounts payable after more than one year17€181k€155k▼
Financial debts170/4€181k€155k▼
Amounts payable within one year42/48€193k€191k▼
Current portion of amounts payable after more than one year42€25k€31k▲
Trade debts44€120k€99k▼
Suppliers440/4€120k€99k▼
Taxes, remuneration and social security45€47k€55k▲
Taxes450/3€20k€22k▲
Remuneration and social security454/9€27k€33k▲
Other amounts payable47/48-€7k
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62€200k€239k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€76k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€1k▲
Other operating charges640/8€6k€10k▲
Gross operating margin9900€395k€340k▼
Operating profit (loss)9901€108k€14k▼
Financial income75/76B€7k€7k▲
Recurring financial income75€7k€7k▲
Financial charges65/66B€11k€13k▲
Recurring financial charges65€11k€13k▲
Profit (loss) for the period before taxes9903€104k€7k▼
Income taxes67/77€22k€6k▼
Profit (loss) for the period9904€82k€1k▼
Profit (loss) for the period to be appropriated9905€82k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€1k▼
Profit (loss) brought forward from the previous period14P€-13k-
Transfer from equity791/2-€12k
Transfer to equity691/2€69k€1k▼
To other reserves6921€69k€1k▼
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k
Social balance
Average headcount (FTE)90872.93.5▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €82k
Net result €82k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €219k ▲62.1%
Equity rises from €135k to €219k.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 17 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €823
Net result €823 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Ukkel · 1 establishment unit since 1999
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.
Vanderkinderestraat 1451180 UkkelGround area
75 m²
Building footprint
75 m²
Volume, LiDAR
858 m³
Parcel 21016B0276/00K050, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CHURCHILL OPTIQUE
since 19992.092.393.829
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0276/00K050 | Brussels | 75 m² | 1 · 75 m² | 17.0 m · 5 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
SOMERS SOFIE
BE 0878.049.146
Meise · Eq €203,082
AMEDO
BE 0500.602.647
Brasschaat · Eq €201,458
OPTI'RAF
BE 0633.841.253
Charleroi · Eq €203,602
VERDER SCIENTIFIC BENELUX
BE 0775.433.440
Aartselaar · Eq €201,114
YOUZ OPTIQUE
BE 0683.969.764
Chastre · Eq €204,427
Of 1,730 companies in sector 47742 we hold annual accounts for 1,138. 953 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
Founded20-08-1999
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
46432Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:churchilloptique.be
E-mail:contact@churchilloptique.be