Skip to content

Open Context

Active
Non-profit associationfounded 2005active for 20 yearsGrootgodshuisstraat 7, 1000 Brussel, Belgium33 active companies are registered at this addressKBO/BCE: BE 0871.542.921
Summary

For Open Context, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €135,636 and a net result of -€83,711. The association has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
Open ContextActive
Risk analysis ReportCompare

Overview

Activity
Activity not known1 site
Size
€345,417turnover 2023
Equity
€135,636
Deficit
-€83,711
Financial health
Bankruptcy probabilitywithin 12 months
0.1%
2023 figures too old to score
Structure
Accounts 443 days overdue2 of 5 deeds read
Signalsraises riskFigures for financial year 2023 (filed 19-07-2024)Loss of €83,711, the second in a row (financial year 2023)Two or more financial years not filedlowers riskLegal form: non-profit associationSector: Education (NACE 85)neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Average
Solvency 100=
equity 78.4% of total assets
Liquidity 71+20
short-term debt 21.6% · cash 23.0%
Profitability 0-14
return on assets -48.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,799 companies, NACE 85, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Figures for financial year 2023 (filed 19-07-2024)
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Loss of €83,711, the second in a row (financial year 2023)
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline17-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-07-2024, 12 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
12 days early
2022
354 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 171 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Mieke Van Der Cleyen (director)…Appointments: Carmen Acosta Sanchez (director)…
  2. Resignation: Jacqueline Vangeyte (director)Appointment: Tom Delanoy (day-to-day manager)…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 443 days late View
  • Caution: Result fell in 2023from -€8,048 to -€83,711 ▼ 940% View
  • Caution: Board changedlatest change 27-03-2026 · 2 in office 2 joined · 2 left View

By topic

Financials

Financial year
2023
Turnover
€345,417
Loss
-€83,711
Solvency
78.4%
Turnover▼ 15.5%
Net result
20222023
Go to Financials

Company details

Sites
1
Legal form
Non-profit association
Founded
31-12-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure