Frontiers Open Science
The computed 12-month bankruptcy probability of Frontiers Open Science is 1.5% (moderate). The 2025 annual accounts show equity of €29k and a net result of €4k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 89 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €29k |
| Net result | €4k |
| Staff (FTE) | 0.8 |
| Better than sector | 52% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.6% | 29.5% | |
| Net result | €4k | €8k | |
| Equity | €29k | €26k | |
| Gross operating margin | €207k | €37k | |
| Staff costs | €200k | €139k |
Show 7 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €4k |
| Cash flow | - |
| Staff costs | €200k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €78k |
| Equity | €29k |
| Debt | €48k |
| of which ≤ 1y | €48k |
| of which > 1y | - |
| Working capital | €25k |
| Employees (FTE) | 0.8 |
| 2025 | |
|---|---|
| Current ratio | 1.53 |
| Quick ratio | 1.53 |
| Working capital ratio | 32.9% |
| Solvency | 37.6% |
| Debt / equity | 1.66 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 5.4% |
| ROE | 14.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €78k |
| Fixed assets | 21/28 | €4k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €74k |
| Amounts receivable within one year | 40/41 | €62k |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €78k |
| Equity | 10/15 | €29k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €28k |
| Amounts payable | 17/49 | €48k |
| Amounts payable within one year | 42/48 | €48k |
| Trade debts payable within one year | 44 | €16k |
| Income statement | ||
| Gross operating margin | 9900 | €207k |
| Operating result | 9901 | €6k |
| Financial charges | 65 | €153 |
| Result before taxes | 9903 | €6k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
-
Current01-02-2023 → present
Former directors (2)
-
Former01-02-2023 → 21-07-2023
2 events
- 21-07-2023 Resigned· Director
- 01-02-2023 Appointed· Director
-
Former- → 01-02-2023
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BE AUDITCurrent Statutory auditor · represented by Ghislain Dochen |
- | 17-10-2025 → present |
Show 2 earlier auditors
| PricewaterhouseCoopers Reviseurs d'Entreprises Statutory auditor · represented by Thomas Meurice succeeded by BE AUDIT in 2025 |
- | 29-10-2021 → 17-10-2025 |
| PwC Réviseurs d'Entreprises SRL Statutory auditor · represented by Loris Guidi succeeded by BE AUDIT in 2025 |
- | 01-01-2022 → 17-10-2025 |
| NACE primary | Uitgeven van tijdschriften(58130) |
| Legal form | Private limited company(610) |
| Incorporation | 03-02-2021 |
| Status | Active |
| Postal code | 1170 |
Show 2 more network connections
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0051/00S002 | Brussels | 9,553 m² | 1 · 1,129 m² | 25.2 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-10-2025 Ghislain Dochen appointed as statutory auditor
- Ghislain Dochen, Commissaris
Technical details
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}24-08-2023 Philipp LUSTENBERGER resigns as director
- Philipp LUSTENBERGER, Bestuurder
Technical details
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}15-03-2023 2 directors appointed, 1 resigning
- Mehmet TORAL, Bestuurder
- Philipp LUSTENBERGER, Bestuurder
- Michael Dominic KENYON, Bestuurder
Technical details
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}02-05-2022 Articles of association amended
Technical details
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}21-04-2022 Change in the board of directors
Technical details
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}19-04-2022 Loris Guidi reappointed as statutory auditor
- Loris Guidi, Commissaris
Technical details
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"effective_date": "2022-01-01",
"evidence_quote": "Les administrateurs prennent acte du changement intervenu dans la personne du repr\u00E9sentant permanent la soci\u00E9t\u00E9 PwC R\u00E9viseurs d\u0027Entreprises SRL qui est repr\u00E9sent\u00E9e \u00E0 partir du 1er janvier 2022 par Loris Guidi dans l\u0027exercice de son mandat de commissaire, en remplacement de Thomas Meurice."
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}29-10-2021 Thomas Meurice appointed as statutory auditor
- Thomas Meurice, Commissaris
Technical details
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}05-02-2021 Incorporation of a new SRL
Technical details
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"founders": [
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}| Legal nameFR | Frontiers Open Science |