OPTIEK BUYSE
ActiveSummary
OPTIEK BUYSE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88k and a net result of €-36k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▼-82
Solvency52▼-22
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.33 against 1.93 in 2023; short-term debt: 66.1% and cash: 11.4% of total assets), and 72.5% 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 · 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 · 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 2024Solvency, return and age of the figures
Solvency
27.5%
Return on assets
-11.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
28 d late
2022
11 d early
2021
19 d early
2020
22 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€88k▼ 29.0%
2023 · €124k
2018: €125k
2019: €136k
2020: €132k
2021: €96k
2022: €87k
2023: €124k
2018 → 2024
Total assets
€320k▲ 26.6%
2023 · €253k
2018: €400k
2019: €202k
2020: €242k
2021: €250k
2022: €266k
2023: €253k
2018 → 2024
Net result
€-36k
2023 · €36k
2018: €25k
2019: €12k
2020: €-4k
2021: €-36k
2022: €40k
2023: €36k
2018 → 2024
Working capital
€69k▼ 38.3%
2023 · €112k
2018: €108k
2019: €128k
2020: €137k
2021: €105k
2022: €86k
2023: €112k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€132k-€96k▼ 27.1%€87k▼ 9.1%€124k▲ 41.7%€88k▼ 29.0%
Operating result€-3k-€-34k▼ 910%€42k€48k▲ 14.9%€-33k
Net result€-4k-€-36k▼ 710%€40k€36k▼ 9.3%€-36k
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 turns negative in 2024: a loss of €33k after €48k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €320k
Fixed assets
€39k ▲ 97.8%
Current assets
€281k ▲ 20.6%
Equity and liabilities €320k
Equity
€88k ▼ 29.0%
Debt
€232k ▲ 80.2%
Debt's share of the balance-sheet total rises from 51.0% to 72.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-21k▼
2023 · €57k
Cash flow
€-24k▼
2023 · €45k
Current ratio
1.33▼
2023 · 1.93
Quick ratio
0.55▼
2023 · 0.62
Debt to equity
2.64▲
2023 · 1.04
ROE
-40.9%▼
2023 · 29.4%
ROA
-11.2%▼
2023 · 14.4%
Interest coverage
-6.35▼
2023 · 16.78
Debt ≤ 1 year
€212k▲
2023 · €121k
Debt > 1 year
€20k▲
2023 · €8k
Income taxes
€211▼
2023 · €9k
Staff costs
€70k▲
2023 · €68k
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 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€253k€320k▲
Fixed assets21/28€20k€39k▲
Intangible fixed assets21€707€257▼
Tangible fixed assets22/27€19k€39k▲
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€6k€6k▼
Leasing and similar rights25€6k€2k▼
Other tangible fixed assets26€4k€29k▲
Current assets29/58€233k€281k▲
Stocks and contracts in progress3€158k€165k▲
Stocks30/36€158k€165k▲
Amounts receivable within one year40/41€33k€65k▲
Trade receivables40€21k€32k▲
Other amounts receivable41€12k€33k▲
Cash at bank and in hand54/58€29k€36k▲
Deferred charges and accrued income490/1€13k€14k▲
Equity and liabilities
Total equity and liabilities10/49€253k€320k▲
Equity10/15€124k€88k▼
Contributions10/11€19k€19k=
Reserves13€105k€105k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€104k€105k▲
Profit (loss) carried forward14-€-36k
Amounts payable17/49€129k€232k▲
Amounts payable after more than one year17€8k€20k▲
Financial debts170/4€8k€20k▲
Amounts payable within one year42/48€121k€212k▲
Current portion of amounts payable after more than one year42€19k€17k▼
Trade debts44€50k€89k▲
Suppliers440/4€50k€89k▲
Taxes, remuneration and social security45€31k€33k▲
Taxes450/3€18k€19k▲
Remuneration and social security454/9€14k€14k▲
Other amounts payable47/48€22k€73k▲
Income statement
Code20232024
Remuneration, social security and pensions62€68k€70k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€944€6k▲
Non-recurring operating charges66A€620-
Gross operating margin9900€126k€55k▼
Operating profit (loss)9901€48k€-33k▼
Financial income75/76B€259€168▼
Recurring financial income75€259€168▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€45k€-36k▼
Income taxes67/77€9k€211▼
Profit (loss) for the period9904€36k€-36k▼
Profit (loss) for the period to be appropriated9905€36k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€-36k▼
Transfer to equity691/2€36k-
To other reserves6921€36k-
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-36k ▼199%
Net result drops to €-36k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Equity above €100kEq €124k ▲41.7%
2 profitable years in a row build equity to €124k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 3.01
Current ratio from 1.39 to 3.01; short-term debt falls from €275k to €64k.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Blankenberge · 1 establishment unit since 2004
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.
Kerkstraat 818370 BlankenbergeGround area
285 m²
Building footprint
177 m²
Volume, LiDAR
1,289 m³
Parcel 31004A0582/00E000, Flanders · tallest building 14.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Optiek Buyse
since 20042.135.339.489
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31004A0582/00E000 | Flanders | 285 m² | 1 · 177 m² | 14.4 m · 2 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
DS OPTIQUE
BE 0893.092.658
Verviers · Eq €88,271
OPTIEK GEYSKENS-GOYENS
BE 0426.120.109
Diest · Eq €88,327
STROOBANT
BE 0460.920.838
Laarne · Eq €88,381
VISION LOOK
BE 0440.428.302
Pepingen · Eq €88,914
du Pont
BE 0429.012.885
Wavre · Eq €86,609
Of 1,730 companies in sector 47742 we hold annual accounts for 1,138. 991 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
Founded19-01-2004
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.