Opes
ActiveSummary
The computed 12-month bankruptcy probability of Opes is 2.0% (moderate). The 2025 annual accounts show equity of €53k and a net result of €-22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 18400 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency97▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 3.32 against 2.84 in 2024; short-term debt: 28% and cash: 0.1% of total assets), and 28% of the assets are financed with debt.
Credit check 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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
72%
Return on assets
-29.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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 · 6 filingsDeviation from the deadline
2025
39 d late
2024
298 d late
2023
64 d late
2022
122 d late
2021
487 d late
2020
338 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▼ 29.0%
2024 · €75k
Total assets
€74k▼ 33.8%
2024 · €112k
Net result
€-22k
2024 · €33k
Working capital
€48k▼ 29.0%
2024 · €68k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-2k▼ 131%€8k€51k▲ 538%€48k▼ 5.5%€-25k
Net result€-2k▼ 154%€7k€37k▲ 464%€33k▼ 13.2%€-22k
Equity€-1k€5k€43k▲ 715%€75k▲ 76.2%€53k▼ 29.0%
Total assets€7k▲ 681%€115k▲ 1,600%€143k▲ 24.5%€112k▼ 21.6%€74k▼ 33.8%
Debt€8k▲ 4,330%€109k▲ 1,242%€100k▼ 8.5%€37k▼ 63.3%€21k▼ 43.5%
Working capital€-1k€4k€40k▲ 990%€68k▲ 68.8%€48k▼ 29.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25k after €48k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€5k ▼ 29.3%
Current assets
€69k ▼ 34.1%
Equity and liabilities €74k
Equity
€53k ▼ 29.0%
Debt
€21k ▼ 43.5%
Debt's share of the balance-sheet total falls from 32.8% to 28.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-23k▼
2024 · €49k
Cash flow
€-20k▼
2024 · €34k
Current ratio
3.32▲
2024 · 2.84
Debt to equity
0.39▼
2024 · 0.49
ROE
-40.8%▼
2024 · 43.2%
ROA
-29.4%▼
2024 · 29.0%
Interest coverage
-62.54▼
2024 · 17.07
Debt ≤ 1 year
€21k▼
2024 · €37k
Income taxes
€460▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €546 | €827 | €1k | €2k | ▲ 20.6% |
| Other operating charges640/8 | - | €608 | €6k | €5k | €10k | ▲ 98.9% |
| Gross operating margin9900 | €-2k | €9k | €57k | €54k | €-13k | ▼ 125% |
| Operating profit (loss)9901 | €-2k | €8k | €51k | €48k | €-25k | ▼ 152% |
| Financial income75/76B | - | €10 | €2k | €4k | €4k | ▼ 9.6% |
| Recurring financial income75 | - | €10 | €2k | €4k | €4k | ▼ 9.6% |
| Financial charges65/66B | €250 | €150 | €900 | €3k | €369 | ▼ 87.2% |
| Recurring financial charges65 | €250 | €150 | €900 | €3k | €369 | ▼ 87.2% |
| Profit (loss) for the period before taxes9903 | €-2k | €8k | €52k | €49k | €-21k | ▼ 143% |
| Income taxes67/77 | - | €1k | €15k | €17k | €460 | ▼ 97.2% |
| Profit (loss) for the period9904 | €-2k | €7k | €37k | €33k | €-22k | ▼ 167% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €7k | €37k | €33k | €-22k | ▼ 167% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7k | €115k | €143k | €112k | €74k | ▼ 33.8% |
| Fixed assets21/28 | - | €2k | €3k | €7k | €5k | ▼ 29.3% |
| Tangible fixed assets22/27 | - | €2k | €3k | €5k | €3k | ▼ 36.1% |
| Furniture and vehicles24 | - | €2k | €3k | €3k | €2k | ▼ 43.3% |
| Other tangible fixed assets26 | - | - | - | €1k | €905 | ▼ 11.6% |
| Financial fixed assets28 | - | - | - | €3k | €2k | ▼ 18.8% |
| Current assets29/58 | €7k | €113k | €140k | €104k | €69k | ▼ 34.1% |
| Amounts receivable within one year40/41 | €7k | €111k | €138k | €84k | €69k | ▼ 17.8% |
| Trade receivables40 | €4k | €56k | €72k | €7k | €12k | ▲ 62.8% |
| Other amounts receivable41 | €3k | €55k | €66k | €76k | €57k | ▼ 25.7% |
| Cash at bank and in hand54/58 | €0 | €2k | €3k | €20k | €93 | ▼ 99.5% |
| Deferred charges and accrued income490/1 | - | - | - | €839 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7k | €115k | €143k | €112k | €74k | ▼ 33.8% |
| Equity10/15 | €-1k | €5k | €43k | €75k | €53k | ▼ 29.0% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves13 | - | €4k | €41k | €74k | €74k | = |
| Distributable reserves133 | - | €4k | €41k | €74k | €74k | = |
| Profit (loss) carried forward14 | €-3k | €0 | - | - | €-22k | - |
| Amounts payable17/49 | €8k | €109k | €100k | €37k | €21k | ▼ 43.5% |
| Amounts payable within one year42/48 | €8k | €109k | €100k | €37k | €21k | ▼ 43.5% |
| Trade debts44 | €4k | €12k | €67k | €5k | €298 | ▼ 93.5% |
| Suppliers440/4 | €4k | €12k | €67k | €3k | €298 | ▼ 90.2% |
| Bills of exchange payable441 | - | - | - | €2k | - | - |
| Advances received on contracts in progress46 | - | €91k | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €2k | €28k | €28k | €16k | ▼ 42.2% |
| Taxes450/3 | - | €2k | €28k | €16k | €16k | ▲ 3.0% |
| Remuneration and social security454/9 | - | - | - | €12k | - | - |
| Other amounts payable47/48 | €4k | €4k | €4k | €4k | €4k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €7k | €37k | €33k | €-22k | ▼ 167% |
| + Depreciation and write-downs630 | - | €546 | €827 | €1k | €2k | ▲ 20.6% |
| Operating cash flow (approximation) | €-2k | €7k | €38k | €34k | €-20k | ▼ 160% |
| Investment in fixed assets (approximation) | - | - | €-2k | €-6k | €550 | ▲ 109% |
| Change in cash | - | €2k | €281 | €17k | €-20k | ▼ 215% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
25-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 298 days late
2025
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series.
2024
31-12
Financial
Liquidity doublescurrent ratio 2.84
Current ratio from 1.40 to 2.84; short-term debt falls from €100k to €37k.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Highest result since 2020net €37k ▲464%
Operating result €51k, net result €37k, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 487 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
04-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 338 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Leuven · 1 establishment unit since 2020
Ground area
6,893 m²
Building footprint
2,106 m²
Volume, LiDAR
47,312 m³
2 parcels, Flanders · tallest building 32.1 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Opes
since 20202.305.012.186
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24433E0025/00C002 | Flanders | 6,606 m² | 1 · 2,027 m² | 32.0 m · 9 fl. |
| 24051C0137/00R014 | Flanders | 287 m² | 1 · 79 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,954 companies in sector 47120 we hold annual accounts for 2,189. 1,517 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
Contact
E-mail
eeckhout.zakaria@hotmail.com
Scores and ratios are computed by Checked and are not a credit decision.