Open Context
ActiveSummary
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).
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 12 October 2026.
2022 to 2023, 2 financial years
The operating result stays negative: a loss of €83,881 in 2023 against €7,896 in 2022; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Use the arrow keys on the chart for the figures per year.
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Turnover70 | €408,646 | €345,417 | ▼ 15.5% |
| Goods, raw materials, services and sundry goods60/61 | €330,309 | €299,844 | ▼ 9.2% |
| Remuneration, social security and pensions62 | €86,201 | €121,322 | ▲ 40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8 | €733 | ▲ 9,028% |
| Other operating charges640/8 | €25 | €449 | ▲ 1,696% |
| Gross operating margin9900 | €78,338 | €45,573 | ▼ 41.8% |
| Operating profit (loss)9901 | -€7,896 | -€83,881 | ▼ 962% |
| Financial income75/76B | €33 | €375 | ▲ 1,041% |
| Recurring financial income75 | €33 | €375 | ▲ 1,041% |
| Financial charges65/66B | €185 | €205 | ▲ 10.8% |
| Recurring financial charges65 | €185 | €205 | ▲ 10.8% |
| Non-recurring financial charges66B | €185 | €205 | ▲ 10.8% |
| Profit (loss) for the period before taxes9903 | -€8,048 | -€83,711 | ▼ 940% |
| Profit (loss) for the period9904 | -€8,048 | -€83,711 | ▼ 940% |
| Profit (loss) for the period to be appropriated9905 | -€8,048 | -€83,711 | ▼ 940% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €242,480 | €173,028 | ▼ 28.6% |
| Fixed assets21/28 | €2,191 | €1,458 | ▼ 33.5% |
| Intangible fixed assets21 | €0 | - | - |
| Tangible fixed assets22/27 | €2,191 | €1,458 | ▼ 33.5% |
| Furniture and vehicles24 | €2,191 | €1,458 | ▼ 33.5% |
| Current assets29/58 | €240,289 | €171,570 | ▼ 28.6% |
| Amounts receivable after more than one year29 | €87,818 | €30,580 | ▼ 65.2% |
| Trade receivables290 | €87,818 | €30,580 | ▼ 65.2% |
| Amounts receivable within one year40/41 | - | €404 | - |
| Other amounts receivable41 | - | €404 | - |
| Current investments50/53 | €150,444 | €100,819 | ▼ 33.0% |
| Cash at bank and in hand54/58 | €2,028 | €39,767 | ▲ 1,861% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €242,480 | €173,028 | ▼ 28.6% |
| Equity10/15 | €219,347 | €135,636 | ▼ 38.2% |
| Profit (loss) carried forward14 | €219,347 | €135,636 | ▼ 38.2% |
| Amounts payable17/49 | €23,133 | €37,392 | ▲ 61.6% |
| Amounts payable within one year42/48 | €23,133 | €37,392 | ▲ 61.6% |
| Trade debts44 | €6,439 | €6,780 | ▲ 5.3% |
| Suppliers440/4 | €6,439 | €6,780 | ▲ 5.3% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€8,048 | -€83,711 | ▼ 940% |
| + Depreciation and write-downs630 | €8 | €733 | ▲ 9,028% |
| Operating cash flow (approximation) | -€8,040 | -€82,978 | ▼ 932% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €37,739 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.