MOLENAERS
ActiveSummary
MOLENAERS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.37M and a net result of €179k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 18.95 against 18.23 in 2024; short-term debt: 5% and cash: 76.7% of total assets), and 5.2% 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
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
94.8%
Return on assets
7.2%
Age of the figures
9 mo
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 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
114 d early
2024
31 d early
2023
5 d early
2022
28 d early
2021
34 d early
2020
9 d late
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.37M▲ 8.2%
2024 · €2.20M
2018: €1.26M
2019: €1.38M
2020: €1.57M
2021: €1.56M
2022: €1.77M
2023: €1.99M
2024: €2.20M
2018 → 2025
Total assets
€2.50M▲ 8.1%
2024 · €2.32M
2018: €1.37M
2019: €1.51M
2020: €1.74M
2021: €1.83M
2022: €1.99M
2023: €2.14M
2024: €2.32M
2018 → 2025
Net result
€179k▼ 13.9%
2024 · €208k
2018: €97k
2019: €115k
2020: €193k
2021: €259k
2022: €212k
2023: €216k
2024: €208k
2018 → 2025
Working capital
€2.25M▲ 10.2%
2024 · €2.05M
2018: €1.02M
2019: €1.13M
2020: €1.33M
2021: €1.31M
2022: €1.57M
2023: €1.82M
2024: €2.05M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.56M-€1.77M▲ 13.6%€1.99M▲ 12.2%€2.20M▲ 10.5%€2.37M▲ 8.2%
Operating result€373k-€309k▼ 17.2%€305k▼ 1.3%€295k▼ 3.3%€257k▼ 12.6%
Net result€259k-€212k▼ 18.3%€216k▲ 2.2%€208k▼ 3.8%€179k▼ 13.9%
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 has fallen four years in a row; 2025 is 13% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.50M
Fixed assets
€125k ▼ 18.4%
Current assets
€2.38M ▲ 9.9%
Equity and liabilities €2.50M
Equity
€2.37M ▲ 8.2%
Debt
€130k ▲ 6.2%
Debt's share of the balance-sheet total falls from 5.3% to 5.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€286k▼
2024 · €327k
Cash flow
€208k▼
2024 · €241k
Current ratio
18.95▲
2024 · 18.23
Quick ratio
17.85▲
2024 · 17.01
Debt to equity
0.05▼
2024 · 0.06
ROE
7.6%▼
2024 · 9.5%
ROA
7.2%▼
2024 · 9.0%
Interest coverage
42.64▼
2024 · 48.12
Debt ≤ 1 year
€126k▲
2024 · €119k
Income taxes
€79k▼
2024 · €94k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.32M€2.50M▲
Fixed assets21/28€153k€125k▼
Tangible fixed assets22/27€153k€125k▼
Plant, machinery and equipment23€12k€5k▼
Furniture and vehicles24€6k€3k▼
Other tangible fixed assets26€135k€117k▼
Current assets29/58€2.16M€2.38M▲
Stocks and contracts in progress3€145k€137k▼
Stocks30/36€145k€137k▼
Amounts receivable within one year40/41€5k€17k▲
Trade receivables40€520€301▼
Other amounts receivable41€4k€17k▲
Current investments50/53€300k€300k=
Cash at bank and in hand54/58€1.71M€1.92M▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€2.32M€2.50M▲
Equity10/15€2.20M€2.37M▲
Contributions10/11€20k€20k=
Reserves13€2.18M€2.35M▲
Tax-exempt reserves132€38k€38k=
Distributable reserves133€2.14M€2.32M▲
Amounts payable17/49€122k€130k▲
Amounts payable within one year42/48€119k€126k▲
Trade debts44€20k€22k▲
Suppliers440/4€20k€22k▲
Taxes, remuneration and social security45€10k€10k▲
Taxes450/3€10k€10k▲
Other amounts payable47/48€89k€94k▲
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€29k▼
Other operating charges640/8€2k€5k▲
Gross operating margin9900€329k€291k▼
Operating profit (loss)9901€295k€257k▼
Financial income75/76B€14k€7k▼
Recurring financial income75€14k€7k▼
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€302k€258k▼
Income taxes67/77€94k€79k▼
Profit (loss) for the period9904€208k€179k▼
Profit (loss) for the period to be appropriated9905€208k€179k▼
Appropriation of the result
Profit (loss) to be appropriated9906€208k€179k▼
Transfer to equity691/2€208k€179k▼
To other reserves6921€208k€179k▼
The notes to these accounts (7 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
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2MEq €2.20M ▲10.5%
7 profitable years in a row build equity to €2.20M.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €259k ▲34.5%
Operating result €373k, net result €259k, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 14 days late
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, Hasselt · 1 establishment unit since 2018
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.
Tongersesteenweg 2333723 HasseltGround area
994 m²
Building footprint
219 m²
Parcel 73090G0086/00E003, Flanders. Linked by address, not a title deed.
1 establishment unit
OPTIEK BETER-ZIEN
since 20182.271.544.713
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73090G0086/00E003 | Flanders | 993 m² | 1 · 219 m² | - |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 5,990 EUR awarded · 6,611 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 3,990 EUR | 3,990 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 0 EUR | 621 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
BERCEUSE
BE 0464.983.059
Gistel · Eq €2,316,547
POINT DE MIRE DU BASSIN DE CHARLEROI
BE 0433.871.793
Charleroi · Eq €2,469,080
OPTIEK VAN dER AUWERAER
BE 0456.875.443
Bornem · Eq €2,494,744
Optiek Synhaeve
BE 0421.267.931
Anzegem · Eq €2,496,548
Binoptics
BE 0543.753.789
Watermaal-Bosvoorde · Eq €2,502,109
Of 1,730 companies in sector 47742 we hold annual accounts for 1,138. 358 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
Founded07-09-2001
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
26510Manufacture of computer, electronic and optical products
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.