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OPTAKARE

Active
Public limited companyfounded 2000active for 25 yearsEllestraat(Z) 116, 8550 Zwevegem, BelgiumKBO/BCE: BE 0473.099.682
Summary

OPTAKARE has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3.5m) and a net result of -€4.5m. Equity is shrinking by about 8.2% per year across the filed financial years. Its solvency ranks better than 5% of 2,055 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Advertising agencies
NACE 73110
2 sites
Size
€2.0mtotal assets 2025
Equity
-€3.5m
Loss
-€4.5m
Turnover not published (abbreviated format)
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Accounts filed 5 days late0 of 3 deeds read
Why 52raises riskCapped at 59: negative equityLoss of €4.5m, the second in a row (financial year 2025)Negative equity -€3.5mlowers riskSize: total assets €2.0mLegal form: public limited companyShow the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 2% of its sector peers (NACE 73, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-40
equity -172.6% of total assets
Liquidity 3-17
short-term debt 188.4% · cash 2.7%
Profitability 0-7
return on assets -220.8%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (716 companies, NACE 73, small)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 1.1%▲ +0.5 percentage points vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.2%▲ +0.1 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.3 percentage points vs 03-2026 05-2026: 2.2%▲ +0.7 percentage points vs 04-2026highest value 06-2026: 1.1%▼ -1.1 percentage points vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.1%● unchanged vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.1%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.08, compared with 1.24 in 2024; short-term debt: 188.4% and cash: 2.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, small): better than 2% on solvency, 4% on liquidity, 2% on profitability and 0% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Loss of €4.5m, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €2.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€3.5m
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€3.5m
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
5 days late
2024
7 days late
2023
14 days late
2022
4 days late
2021
9 days late
2020
6 days late
2019
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 7 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end09-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. General meeting · Director resignationDirector discharge · Director appointment
  3. Weakest financial yearnet -€4.5m

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€3.5m View
  • Caution: Result fell in 2025from -€601,427 to -€4.5m ▼ 641% View
  • Caution: Among the weakest 5% on solvencysector median 44.6% · 2,055 companies -172.6% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€4.5m View

By topic

Financials

Financial year
2025
Total assets
€2.0m
Loss
-€4.5m
Solvency
-172.6%
Total assets▼ 68.6%
Net result
20192025
Go to Financials

Timeline

Events
29
Since
2002
Next accounts
by 30-04-2027
  1. 07-05-2025Annual accounts filed
  2. 14-05-2024Annual accounts filed
  3. 30-09-2023Back to profit
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Advertising agenciesNACE 73110
Founded
23-10-2000
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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