Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.5 to 3.5.
Financials
Financial year 2025
OPAL-SYSTEMS from Arlon, company number BE0821605044, closed financial year 2025 with a result of € -84,152 after tax. For that financial year OPAL-SYSTEMS recorded a gross margin of € 97,673 and equity of € 771,692. Compared with financial year 2024, the result moved from € 78,396 to € -84,152. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 13, 2026.
€ 771,692
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -84,152
▼ still € 78,396 profit in 2024
Profit after tax over the fiscal year.
€ 61,024
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 419,692.
People and assets in 2025
3.5
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 175,985
▼ 22% vs 2024
€ 50,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,381
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 18,006
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,348
▼ 61% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 441,476 | € 424,575 | € 318,022 | € 97,673 | ▼ 69% |
| Profit after taxes | € 177,414 | € 147,336 | € 78,396 | € -84,152 | ▼ € 162,548 |
| Equity | € 735,111 | € 854,448 | € 855,844 | € 771,692 | ▼ 10% |
| Total debts | € 220,807 | € 204,696 | € 293,912 | € 172,994 | ▼ 41% |
| Cash | € 665,926 | € 94,591 | € 53,462 | € 61,024 | ▲ 14% |
| Retained profit | € 383,111 | € 502,448 | € 503,844 | € 419,692 | ▼ 17% |
| Dividend | € 0 | € 28,000 | € 77,000 | € 0 | ▼ 100% |
| Balance sheet total | € 955,918 | € 1,059,144 | € 1,149,756 | € 944,685 | ▼ 18% |
| Employees (FTE) | 5.5 | 5.5 | 4.3 | 3.5 | ▼ 0.8 |
Key figures of OPAL-SYSTEMS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to OPAL-SYSTEMS?
What happened at OPAL-SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stéphane MILLIUS stepped down as director. NBB
- CFM² SRL stepped down as director. NBB
- Catharina Keller stepped down as director. NBB
- Patrick Kemper stepped down as director. NBB
- Pierre-Yves FRANCK stepped down as director. NBB
- P. Franck Management SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 84,152 (▼ € 162,548 vs 2024). Source: NBB ↗
- CFM² SRL became a director. NBB
In short
From € 177,414 profit in 2022 to € 84,152 loss in 2025.
Paid € 118,259 in corporate taxes since 2022.
Best year ever: 2022, with € 177,414 profit.
On average € 27,900 of value added per employee in 2025.
Management
The stake of INVESTSUD TECH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OPAL-SYSTEMSThe shares are held by INVESTSUD TECH (14.2%). It owns 100% of OPAL-Systems Luxembourg S.à.r.l. itself.
Directors
According to the 2025 annual accounts
Director · represented by Charlotte Franck
since 2025 · until 2027
Stéphane MILLIUS
Director
since 2020 · until 2027
since 2018 · until 2027
Patrick Kemper
Director
since 2009 · until 2027
Pauline Franck
Director
since 2024 · until 2025
Pierre-Yves FRANCK
Managing director
since 2009 · until 2027
Charlotte FRANCK
Director
since 2019 · until 2025
Director · represented by Pauline Franck
since 2025 · until 2027
Shareholders
14.2%
Participations
OPAL-Systems Luxembourg S.à.r.l.
100%
Establishments
Establishment units
Physical locations of this company
Avenue de Mersch 127
6700 Arlon
Grand Place(PIE) 8
7100 La Louvière
Active since 1 January 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Network
Details
- Company number
- 0821.605.044
- VAT number
- BE 0821.605.044
- Registered office
- Avenue de Mersch 127, 6700 Arlon
- Names & denominations
- OPAL-SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2009
- Peppol
- Active · Active since 20 Nov 2020
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