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OPEN ENGINEERING

Active Public limited companyfounded 2001active for 24 yearsAvenue de l'Expansion 7, 4432 AnsKBO/BCE: BE 0476.335.227 #3 company by total assets in Ans, Telecoms and IT sector

Overview

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €1.4m (2019)
€969,166▲ 2.6%
lowest -€159,979 (2011)
-€25,807▼ €26,793
peak €1.2m (2024)
€1.1m▼ 4.2%
€1.2m▲ 0.4%
peak 13.2 FTE (2018)
7.4 FTE▼ 1.3%
Board8 names since 2018
6 directorsDE VINCENZO Pascal Jean Genrosa and 5 others
Owners7 names in the annual accountsall names
36.45%GLOBAL DESIGN TECHNOLOGY and 4 others
Documentsfilings and deeds
23-07-20268 days before the deadline
2025financial year
Turnover from €1.1m to €1.3mLoss of €25,807Cash from €102,686 to €158,624

Key points

from the 2025 annual accounts

Staff

7.4 FTE from 13.2 in 2018

Between 2018 and 2025, 44% of the full-time equivalents disappeared.

Payment terms

349 days to suppliers
Suppliers
731 to 349
Customers
47 to 32

OPEN ENGINEERING pays its suppliers 382 days earlier than in 2024. Customers pay 15 days earlier.

Public support

€646,675 awarded from 2022 to 2025
20222025

EU support, mostly European Defence Fund (Research).

Checked score

85
Excellent
Financially stronger than 33% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,930 companies (NACE 62, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Average

73-1equity 48.0% of total assets
32+2short-term debt 52.0% · cash 6.9%
64-3return on assets -1.1%

Score breakdown

raises risk
Size: turnover €1.3m, 7.4 FTE, total assets €2.3m
Loss of €25,807 (financial year 2025)
lowers risk
Equity €1.1m (48.0% of total assets)
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 42% of them on solvency, 12% on liquidity, 25% on profitability and 55% on growth.

The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as OPEN ENGINEERING has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of OPEN ENGINEERING itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for OPEN ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €90,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.11 (1.09 in 2024), below the usual 1.5. Short-term debt is 52% and cash 6.9% of total assets. 52% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: turnover €1.3m, 7.4 FTE, total assets €2.3m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €1.1m (48.0% of total assets)
NBB · annual accounts
raises risk · Loss of €25,807 (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
6 days early
2023
34 days early
2022
26 days early
2021
31 days late
2020
2 days late
2019
68 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

JG
Director, since 02-02-2021
KI
Director
NP
NOSHAQ PARTNERS
Director, Benoît FELLIN
T
Director, Michel TILMANT
VC
VENTURE COACHING
Director, Olivier GILLIEAUX
and 3 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0476335227
Capital increase of €280,819.50 to €958,219.50 Capital from €677,400 to €958,219.50, 14,401 new shares · Permanent representatives: JANSSEN Guy Albert, Michel TILMANT, Benoît FELLIN and Olivier GILLIEAUX · Resignations: GDTECH (director) and JANSSEN ENGINEERING (director) · General meeting of 02-02-2021 · Gazette deed
First establishment Allée des Noisetiers 2, Liège
Incorporation published on 29-12-2001 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
OPEN ENGINEERING Ans €1.3m -26.7% 48.0% 7.4
ANS COMPUTER Namur - - 70.0% 6.8
IPERFORM Kontich €6.0m 5.0% 64.6% 4.7
iMendos Belgium Ottignies-Louvain-la-Neuve - - 18.9% 9.2
LINK MANAGE Leuven - - 58.4% 7.2
SBI Consulting Kontich €5.2m 4.3% 61.3% 9.8
M3 SYSTEMS BELGIUM Wavre - - 11.8% 6.4
-10%0%10%20%€2m€20m€200m€2bnOPEN ENGINEERINGEBIT margin

Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as OPEN ENGINEERING: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €1.8m and €3m, founded between 1996 and 2007.

Official details

Source: KBO
Status
Active since 17-12-2001Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 2 others
Establishment unit
2.098.792.3644031 Liège, since 12-02-2002
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€1.3m▲ 15.6%
€25,807
€1.1m▼ 4.2%
€2.3m▼ 1.9%
Employeeson 31-12-2025
8=
Filing
Filed on 23-07-2026, 8 days before the end of the filing period
Financials

Companies linked to OPEN ENGINEERING

Insights on OPEN ENGINEERING

OPEN ENGINEERING has existed since 2001. The gross margin grew from €420,619 in 2006 to €969,166 in 2025 and staff from 5.2 to 7.4 full-time equivalents.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 23-07-2026, 8 days before the deadline
€1.3m
▲ 15.6%
-€337,484
▲ €9,233
€121,583
▲ 3.2%
€433,260
▼ 6.9%
48.0%
▼ 1.2 percentage points
1.11
▲ 0.02

Money flows

of every €100 of turnover, €2.04 was lost in 2025

Balance sheet

balance sheet total €2.3m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

48.0%

Higher than 59% of 1,691 companies in 2025.

1.11

Higher than 32% of 1,658 companies in 2025.

-1.1%

Higher than 30% of 1,673 companies in 2025.

OPEN ENGINEERING Middle half of the sector 80% of the sector Full accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€114,040

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Training hours in 2025: 4.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 2.3m2.3m1.9m2.1m1.7m2.0m1.7m1.5m1.5m1.6m1.7m2.0m1.1m794,5721.2m1.6m1.3m1.4m1.1m1.0m
20 -------------------2,547
21/28 972,5241.0m766,842730,680753,748699,314520,673439,691228,914152,002163,465183,195156,18893,44985,21363,43638,30055,72336,46429,560
21 966,6271.0m761,103724,145746,274687,448503,648413,638212,587100,69384,20884,94387,16168,83260,69531,4412851,7673,5893,283
22/27 7271,2255682,1543,0935,58910,74819,7767,15011,88327,56741,19728,9781,5681,5349,01023,53140,70920,65720,012
23 7271,2255682,0932,8235,0609,95818,7275,7374,32213,10119,7834568092716,89020,55436,87415,96514,463
24 --0612705307901,0501,4137,56114,46721,41428,5217591,2632,1202,9773,8354,6925,549
28 5,1715,1715,1714,3814,3816,2776,2776,2779,17739,42651,69057,05540,04923,04922,98422,98414,48413,24712,2183,718
29/58 1.3m1.3m1.2m1.4m969,6341.3m1.1m1.1m1.3m1.4m1.5m1.8m962,297701,1231.1m1.5m1.3m1.3m1.1m1.0m
3 445,750282,250167,750149,00030,48553,495115,70077,000209,500229,250209,000112,75031,775102,32210,00023,400170,82986,87964,919171,379
37 445,750282,250167,750149,00030,48553,495115,70077,000209,500229,250209,000112,75031,775102,32210,00023,400170,82986,87964,919171,379
40/41 717,796906,481926,036804,079654,844869,167948,610522,072650,607607,782705,465416,994905,524492,3551.1m1.4m1.0m1.2m634,919326,155
40 110,586142,387201,910179,528154,524268,982329,352168,681357,300255,862346,375229,079514,545338,603268,971304,133168,538293,45866,532166,180
41 607,210764,094724,126624,551500,320600,185619,257353,391293,307351,920359,090187,915390,979153,752794,9561.1m872,398874,202568,387159,975
50/53 -------22,766167,271554,076612,2731.1m-------450,000
54/58 158,624102,68668,220425,969272,430342,74262,835384,711201,87926,4245,003180,74816,04895,10062,83815,37831,32368,440368,78656,677
490/1 10,96615,4939,6995,04011,8756,2588,42479,88751,80513,6438,57311,2428,95011,3472,86241,86416,91620,200-1,355
Balance sheet: equity and liabilities
10/49 2.3m2.3m1.9m2.1m1.7m2.0m1.7m1.5m1.5m1.6m1.7m2.0m1.1m794,5721.2m1.6m1.3m1.4m1.1m1.0m
10/15 1.1m1.2m1.0m934,603967,254798,978900,432815,143692,827574,705571,828562,317507,534243,069241,560401,539261,085253,503219,626163,449
10/11 958,220958,220958,220958,220958,220677,400663,855663,855663,855663,855663,855658,860658,860407,400407,400407,400257,400257,400257,400257,400
10 958,220958,220958,220958,220958,220---------------
100 958,220958,220958,220958,220958,220677,400677,400677,400677,400677,400677,400677,400677,400407,400407,400407,400257,400257,400257,400257,400
101 ------13,54513,54513,54513,54513,54518,54018,540-------
13 3,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6852,1002,1002,100
130/1 3,6853,6853,6853,6853,6853,685--------------
130 3,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6853,6852,1002,1002,100
14 -316,935-291,128-292,114-329,005-292,196-157,480-1,163-33,488-46,952-92,835-95,712-100,229-155,011-168,016-169,525-9,546--5,997-39,874-96,051
15 462,697485,406335,351301,704297,546275,373234,056181,09172,239-----------
17/49 1.2m1.2m933,4061.2m756,1281.2m755,810710,984817,1481.0m1.1m1.4m610,951551,503983,2791.2m1.0m1.1m885,462871,677
17 --30,89276,26484,391167,720----1,45823,84818,958--10,00047,46598,65759,21786,003
170/4 --30,89276,26484,391167,720----1,45823,84818,958---10,79824,61437,79250,363
175 -------------------3,500
178/9 ---------------10,00036,66774,04321,42532,140
42/48 1.2m1.2m902,4141.1m671,6381.0m745,544710,885813,862998,5131.1m1.4m577,007506,788941,7611.2m955,6201.0m794,835774,902
42 -----000--25,7528,7508,750-10,00037,46551,19229,84512,57111,991
43 500,389423,052166,472262,006254,211289,786129,144129,08932,623139,9067,58016,616-----14,21518,21518,715
430/8 500,389423,052166,472262,006254,211289,786129,144129,08932,623139,9067,580---------
439 -----------16,616-----14,21518,21518,715
44 283,767299,707270,803265,585154,431259,93766,318273,592214,466198,685205,970185,781293,679176,742172,457131,944139,675109,62143,24275,673
440/4 283,767299,707270,803265,585154,431259,93766,318273,592214,466198,685205,970185,781293,679176,742159,281131,944125,361109,62143,24275,673
441 --------------13,177-14,314---
46 191,250241,250276,643428,049176,612104,211171,434160,689448,355592,877792,4651.1m170,208-610,332881,866567,646690,633634,290617,533
45 153,201133,735146,876121,54284,765178,624162,028145,895116,79865,42482,92394,781102,750142,426147,217112,339142,486118,98386,51850,990
450/3 11,0339,52711,1263,9522,98913,48813,12114,36121,857-9,5699,3088,31826,02633,34422,12347,65760,02526,000-
454/9 142,168124,208135,750117,59081,776165,136148,906131,53494,94265,42473,35485,47394,432116,399113,87290,21694,83058,95860,51950,990
47/48 69,28895,90841,62026,6201,620171,620216,6201,6201,6201,6201,6201,6201,620187,6201,7557,89054,62050,000--
492/3 99999999999910,266993,2859,95914,18334,84414,98644,71541,5186,78234,13433,44531,41010,772
Income statement
70 1.3m1.1m1.3m1.2m140,324514,114390,351590,076343,992983,5431.0m1.1m--------
9900 969,166944,9871.2m1.0m697,8311.0m1.4m1.2m1.2m813,933749,887786,610731,967768,918593,239751,273648,900672,989567,841420,619
60/61 296,483149,700146,328224,851129,048336,065171,874216,811198,078169,610264,196278,324--------
62 843,899823,698887,937794,817650,864991,2751.1m1.0m847,305748,110694,326684,321688,448752,108729,161731,593614,668573,960480,592353,867
630 459,066464,491745,629849,327561,341596,128789,817490,676732,88346,12046,94741,18124,93915,44213,76514,80620,13117,86516,04430,716
631/4 --20,513-----------------
640/8 3,6843,5158539041,4271,9464561,6741,0747806791,9512,3232501,233621,9012,3051,8582,471
66A ------1798,00070----------
9901 -337,484-346,717-494,548-629,425-515,802-551,172-518,708-285,731-410,85918,9237,93559,15716,2571,118-150,9204,81212,20078,85969,34733,565
75/76B 379,200340,066516,529571,871367,088376,799518,416310,120501,243897177892741,226511,8606,4379,501944
75 320,200340,066516,529571,871367,088376,799518,416310,120501,243897177892741,226511,8606,4379,501944
76B 59,000-------------------
65/66B 76,73913,95310,5105,3345,3634,3932,15710,92641,22915,7883,2524,1483,1016,3286,32510,00712,6479,67011,0587,123
65 17,73913,95310,5105,3345,3634,3932,1572,9262,9793,0383,2524,1483,1016,3286,32510,00712,6479,67011,0587,123
66B 59,000------8,00038,25012,750----------
9903 -35,022-20,60411,471-62,888-154,076-178,766-2,44913,46449,1553,1434,78055,18613,246-4,937-156,019-5,1441,41275,62667,79027,386
67/77 -9,215-21,590-25,420-26,079-19,360-22,449-34,774-3,272266264404241-6,4453,9594,403-6,17041,74911,613129
9904 -25,80798636,891-36,809-134,716-156,31732,32413,46445,8832,8774,51654,78313,0051,509-159,979-9,5467,58233,87756,17827,257
9905 -25,80798636,891-36,809-134,716-156,31732,32413,46445,8832,8774,51654,78313,0051,509-159,979-9,5467,58233,87756,17827,257
Appropriation of the result
9906 -316,935-291,128-292,114-329,005-292,196-157,480-1,163-33,488-46,952-92,835-95,712-100,229-155,011-168,016-169,525-9,5461,585-5,997-39,874-96,051
14P -291,128-292,114-329,005-292,196-157,480---------------
691/2 ----------------1,585---
6920 ----------------1,585---
Social balance sheet
9087 7.47.58.18.69.3121313.210.79.88.99.48.99.299.58.37.875.2
Hours worked1013 12,37012,47913,51712,88511,30519,29621,91122,41218,19416,72815,03315,84614,81215,58015,29915,67113,58113,53612,2288,193
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 23-07-2026 2026-00329472 PDF
31-12-2024 full format 25-07-2025 2025-00319476 PDF
31-12-2023 full format 27-06-2024 2024-00192373 PDF
31-12-2022 full format 05-07-2023 2023-00216526 PDF
31-12-2021 full format 31-08-2022 2022-20407201 PDF
31-12-2020 full format 02-08-2021 2021-44800548 PDF
31-12-2019 full format 07-10-2020 2020-59800559 PDF
31-12-2018 full format 22-08-2019 2019-49700352 PDF
31-12-2017 full format 09-08-2018 2018-44400238 PDF
31-12-2016 full format 24-07-2017 2017-34500400 PDF
31-12-2015 full format 06-07-2016 2016-30200162 PDF
31-12-2014 full format 02-06-2015 2015-14100581 PDF
31-12-2013 full format 30-05-2014 2014-14400341 PDF
31-12-2012 full format 22-07-2013 2013-33400568 PDF
31-12-2011 full format 24-08-2012 2012-43800566 PDF
31-12-2010 full format 14-07-2011 2011-31700406 PDF
31-12-2009 full format 14-07-2010 2010-30700178 PDF
31-12-2008 full format 16-07-2009 2009-44300083 PDF
31-12-2007 full format 29-07-2008 2008-51200217 PDF
31-12-2006 full format 12-07-2007 2007-39700214 PDF
31-12-2005 full format 20-07-2006 2006-49402900 PDF
31-12-2004 full format 29-07-2005 2005-58402532 PDF
31-12-2003 full format 17-08-2004 2004-60203489 PDF
31-12-2002 full format 04-11-2003 2003-78004940 PDF

Subsidies and aid

European Union 2022 to 2025, 2 entries, €646,675 in total

European Defence Fund (Research)
€400,739
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions
€245,936
Year Entries Awarded
2025 1 €245,936
2022 1 €400,739

European research 2 projects, €290,030 EU contribution

Projects

  • CompoLight: Rapid Manufacturing of lightweight metal componentsSeventh Framework Programme, participant, 01-11-2008 to 31-10-2011, €180,240, COMPOLIGHT
  • Intelligent Motion Control Platform for Smart Mechatronic SystemsHorizon 2020, participant, 01-06-2017 to 31-05-2020, €109,790, I-MECH
  • AMLTD - ADDITIVE MANUFACTURING OF LIGHTWEIGHT LASER TARGET DESIGNATOREuropean Defence Fund, 01-12-2022 to 31-01-2026, €400,739
  • CAMO V2 - CAMOFOIL 2.0 - ADVANCED MATERIAL FOR DISRUPTIVE APPROACH TO SIGNATURE MANAGEMENTDecentralised Agencies, Joint Undertakings, EU institutions, 01-01-2026 to 31-12-2027, €245,936

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
121,583117,774251,081219,90245,53944,955271,109204,945322,02365,04354,882100,33841,19616,560-137,15519,61832,33196,72485,39164,281
433,260465,478782,520812,518426,626439,811822,141504,139778,76648,99751,46395,96437,94416,951-146,2145,26027,71351,74272,22257,973
388,566742,048781,001826,260617,671774,769870,799709,453848,04546,92332,58368,18887,67823,67835,54239,9412,70937,12422,9497,490
55,93834,466-357,749153,539-70,311279,906-321,876182,833175,45521,421-175,744164,699-79,05232,26247,460-15,945-37,117-300,346312,109-
135,241113,257269,291280,286297,996267,483390,025375,551467,199432,662424,004437,814385,290194,335197,865354,885304,384329,882273,789230,664
-26.7%-31.7%-37.8%-50.7%----48.4%-1.9%0.8%5.6%--------
48.0%49.2%51.9%44.2%56.1%40.5%54.4%53.4%45.9%36.3%33.6%28.0%45.4%30.6%19.7%25.3%20.1%18.1%19.9%15.8%
1.111.091.301.251.441.271.521.531.571.431.381.321.671.381.211.301.321.331.341.30
0.740.861.111.121.401.211.371.421.321.201.191.231.611.181.201.281.141.241.261.08
1.081.030.931.260.781.470.840.871.181.751.982.571.202.274.072.963.974.524.035.33
-2.3%0.1%3.7%-3.9%-13.9%-19.6%3.6%1.7%6.6%0.5%0.8%9.7%2.6%0.6%-66.2%-2.4%2.9%13.4%25.6%16.7%
-1.1%0.0%1.9%-1.7%-7.8%-7.9%2.0%0.9%3.0%0.2%0.3%2.7%1.2%0.2%-13.1%-0.6%0.6%2.4%5.1%2.6%
6.858.4423.8941.238.49---------------
32 days47 days56 days53 days402 days191 days308 days104 days379 days95 days125 days79 days--------
349 days731 days675 days431 days437 days282 days141 days461 days395 days428 days285 days244 days--------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date88999
full-time76779
part-time1222-
in full-time equivalents7.47.38.38.49
7.47.58.18.69.3
On a permanent contract88999
Joined-0--1
Left-1--4
Training hours421-1

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€2,748-€971€1,590
Intangible fixed assets€388,566€739,300€781,001€825,289€616,080
€459,066€464,491€745,629€849,327€561,341

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on OPEN ENGINEERING

The operating result for 2025 is a loss of €337,484, smaller than the loss of €346,717 in 2024.

Debt's share of the balance-sheet total rises from 50.8% to 52.0%. Equity is lower and debt is higher.

Board & ownership

Board

6 directors, last change in 2021
Director
since 02-02-2021 term until 18-05-2027
listed in the 2025 annual accounts, filed on 23-07-2026
Director
in office according to the deed of 22-02-2021
Director
in office according to the deed of 22-02-2021
NOSHAQ PARTNERS
Director, permanent representative Benoît FELLIN
in office according to the deed of 22-02-2021
8 other companies bankrupt
Director, permanent representative Michel TILMANT
in office according to the deed of 22-02-2021
VENTURE COACHING
Director, permanent representative Olivier GILLIEAUX
in office according to the deed of 22-02-2021
2 other companies bankrupt
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 23. La représentation de la société Saris préjudice à ce qui est stipulé aux articles 19 et 21 ci-avant, la société est valablement…”
deed of 22-02-2021
Permanent representatives 3
Benoît FELLIN
Permanent representative, for NOSHAQ PARTNERS
in office according to the deed of 22-02-2021
Michel TILMANT
Permanent representative, for TIMTECH
in office according to the deed of 22-02-2021
Olivier GILLIEAUX
Permanent representative, for VENTURE COACHING
in office according to the deed of 22-02-2021

Office holders in the KBO →

Mandates through the years

8 names, the dashed line is today
KLAPKA Igor
Director
NOSHAQ PARTNERS
Director
TIMTECH
Director
VENTURE COACHING
Director
GDTech
Director
Janssen Engineering
Director
BoardEarlierRest of the term
Mandates as a list
  • DE VINCENZO Pascal Jean Genrosa
    • Director, from 29-06-2018 to date
  • KLAPKA Igor
    • Director, from 29-06-2018 to date
  • NOSHAQ PARTNERS
    • Director, from 29-06-2018 to date
  • TIMTECH
    • Director, from 29-06-2018 to date
  • VENTURE COACHING
    • Director, from 29-06-2018 to date
  • JANSSEN Guy Albert
    • Director, from 02-02-2021 to date
  • GDTech
    • Director, from 02-02-2021 to 22-02-2021
  • Janssen Engineering
    • Director, from 29-06-2018 to 22-02-2021

See the board, name and registered office on a given date →

Control

Shareholder
Equity €10.8m
Profit €481,900 in 2025 (profit €548,292 in 2024)
Checked score 97
18,370 voting rights
36.45%
This company
OPEN ENGINEERING
Equity €1.1m
Loss €25,807 in 2025

and 5 other shareholders

Capital

Capital
€958,219.50
Shares
48,697
Contribution per share
€19.68
Equity per share
€22.75 in 2025
Source
deed of 22-02-2021

Owners through the years

as the annual accounts name them

Source: shareholder structure in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 22-02-2021 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 4 directors
“Administrateurs restants peuvent pourvoir provisoirement en cas décès, démission ou autre cause, 6 ans”
“Élu par conseil parmi membres, empêchement président remplacé par vice-président, défaut autre administrateur désigné par collègues, défaut…”

Shareholders

6 owners

Owners 6

The directors' other companies

2 current directors with another company that went bankrupt, was dissolved or struck off
NOSHAQ PARTNERS

8 other companies of this director went bankrupt (2023, 2025, 2026).

VENTURE COACHING

2 other companies of this director went bankrupt (2025, 2026).

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Network & group

At the same address

Avenue de l'Expansion 7, 4432 Ans · 2 other companies
GLOBAL DESIGN TECHNOLOGY
registered office since 19-11-1998 · founded in 1998
104 FTE (2025)
0464.528.050
SAMI ENGINEERING
establishment since 14-03-1989 · founded in 1989
11 FTE (2025)
0436.847.517

Holdings through the years

2009 to 2018
Holdings through the years
Name2009201020112012201320142015201620172018
NANOPOLE 7.66%7.67%7.73%

Source: list of holdings in its own accounts

Connections & network

6 current directors
Depth

The network starts from the directors of OPEN ENGINEERING. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

35 events since 2001

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0476335227
Annual accounts 2025 filed NBBfull format · 8 days before the deadline
2025
Annual accounts 2024 filed PDFfull format · 6 days before the deadline
2024
Annual accounts 2023 filed PDFfull format · 34 days before the deadline
2023
Back to profit net €36,891 The net result is €36,891, after 3 loss-making years.
Equity above €1m equity €1.0m ▲7.5% Equity rises from €934,603 to €1.0m.
Annual accounts 2022 filed PDFfull format · 26 days before the deadline
2022
Annual accounts 2021 filed PDFfull format · 31 days late
2021
Annual accounts 2020 filed PDFfull format · 2 days late
Capital increase of €280,819.50 to €958,219.50Capital from €677,400 to €958,219.50, 14,401 new shares · Permanent representatives: JANSSEN Guy Albert, Michel TILMANT, Benoît FELLIN and Olivier GILLIEAUX · Resignations: GDTECH (director) and JANSSEN ENGINEERING (director) · General meeting of 02-02-202128 points ▸
  • General meeting, 02-02-2021
  • 34,296 shares
  • Board composition, GDTECH (director)
  • Permanent representative, JANSSEN Guy Albert, mentioned twice in the deed
  • Board composition, JANSSEN ENGINEERING (director)
  • Board composition, TIMTECН (director)
  • Board composition, JANSSEN Guy Albert (director)
  • Capital increase, €280,819.50
  • Capital, €958,219.50
  • Capital, €958,219.50, 48,697 shares
  • Director resignation, GDTECH
  • Director resignation, JANSSEN ENGINEERING
  • Director discharge, GDTECH
  • Director discharge, JANSSEN ENGINEERING
  • Director reappointment, TIMTECH
  • Director reappointment, NOSHAQ PARTNERS
  • Director reappointment, VENTURE COACHING
  • Director reappointment, KLAPKA Igor
  • Director reappointment, DE VINCENZO Pascal Jean Genrosa
  • Director reappointment, JANSSEN Guy Albert
  • Permanent representative, Michel TILMANT
  • Permanent representative, Benoît FELLIN
  • Permanent representative, Olivier GILLIEAUX
  • Registered office clause, Avenue de l'Expansion 7, 4432 Ans (Alleur)
  • Board composition, NOSHAQ PARTNERS (director)
  • Board composition, VENTURE COACHING (director)
  • Board composition, KLAPKA Igor (director)
  • Board composition, DE VINCENZO Pascal Jean Genrosa (director)
  • The deed holds 23 more points.

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFfull format · 68 days late
2019
Annual accounts 2018 filed PDFfull format · 22 days late
2018
Annual accounts 2017 filed PDFfull format · 9 days late
2017
Annual accounts 2016 filed PDFfull format · 7 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 25 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 59 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 62 days before the deadline
2013
Equity above €500,000 equity €507,534 ▲109% After 2 profitable years in a row, equity reaches €507,534.
Annual accounts 2012 filed PDFfull format · 9 days before the deadline
2012
Back to profit net €1,509 The net result is €1,509, after 2 loss-making years.
Annual accounts 2011 filed PDFfull format · 24 days late
2011
Weakest financial year net -€159,979 The net result drops to -€159,979, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2010 filed PDFfull format · 17 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 17 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 15 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 2 days before the deadline
2007
Highest result from 2006 to 2025 net €56,178 ▲106% The net result of €56,178 is the highest of those years.
Equity above €200,000 equity €219,626 ▲34.4% With a profit in every financial year since 2006, equity grows to €219,626.
Annual accounts 2006 filed PDFfull format · 19 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
First establishment Allée des Noisetiers 2, Liège
2001
Incorporation published on 29-12-2001

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

OPEN ENGINEERING was incorporated on 17 December 2001.1 In 2021 the capital was increased by €280,820 to €958,220.2 Turnover grew from €590,076 in 2018 to €1.3m in 2025 and headcount from 13.2 to 7.4 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-02-2021
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0476.335.227
VAT number
BE 0476.335.227
Peppol ID
0208:0476335227
Legal form
Public limited company
Status
Active, normal situation
Founded
17-12-2001
Financial year
ends on 31 December
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
OPEN ENGINEERING in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-02-2021 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Codes under NACEBEL 2008
VAT activities
62020 IT consultancy main activity
62090 Computer programming, consultancy and related activities
71121 Engineering activities
Social security (RSZ) activities
71121 Engineering activities main activity
Codes under NACEBEL 2003
VAT activities
72100 main activity
72600
74203
Social security (RSZ) activities
74203 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Le développement et la commercialisation de produits et la fourniture de toute prestation de conseils et de services dans le domaine de…”
4 activities
  1. Le développement et la commercialisation de produits et la fourniture de toute prestation de conseils et de services dans le domaine de l'ingénierie et de l'informatique,et notamment la création et la gestion de centres de travaux à façon sur ordinateur,la production et l'installation de systèmes en ce compris de tous accessoires annexes nécessaires ainsi que la fourniture de services correspondants;sur place ou à distance,l'élaboration et la fourniture de programmes ordinateurs,la réalisation d'études d'ingénierie et de simulation numériques;
  2. La prise d'intérêts,sous toutes formes dans des sociétés,entreprises,associations,tant belges qu'étrangers,dont l'activité industrielle ou commerciale,porte sur l'informatique,la conception et la fabrication assistée par ordinateurs,la robotique ou l'ingénierie,chacune de ces activités étant comprise dans son sens le plus large;
  3. L'animation,la gestion,l'organisation de toutes sociétés,entreprises ou associations,que la société détienne dans celle-ci des intérêts financiers ou ron;
  4. Et généralemert,toutes opérations firiancières,commerciales,industrielles,mobilières ou immobilières,se rattachant directement ou indirectement à l'objet ci-dessus ou à tous objets similaires ou connexes ou de nature à le rendre plus rémunérateur.Le tout,tant pour elle-même que pour compte de tiers ou en participation,sous quelque forme que ce soit,notamment par voie de création de sociétés,de souscription,de commardite,de fusion ou d'absorption,d'avance,d'achat de tout ou partie de ses biens ou droits mobiliers ou par tout autre mode.
deed of 22-02-2021 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Avenue de l'Expansion 7 registered office 4432 Ans
Allée des Noisetiers 2 4031 Liège 2110001 Manufacture of basic pharmaceutical products and pharmaceutical preparations 12-02-2002 2.098.792.364

Buildings and parcels at the addresses

Ground area
9,414 m²
Buildings
1,188 m²
Volume, LiDAR
6,292 m³
Tallest building
9.0 m
Buildings to scale, each on its own parcel
748 m², 7.5 m 439 m², 9.0 m 748 m², 7.5 m 439 m², 9.0 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
62001B0294/00R0046,913 m² 1 · 748 m² 7.5 m · 1
62002C0005/00Z0062,500 m² 1 · 439 m² 9.0 m · 3