OPEN EYE
ActiveSummary
OPEN EYE has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,782 and a net result of €85,092. Its solvency ranks better than 22% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-09-2017 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.267.393.014 9090 Merelbeke-Melle, since 06-09-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 09-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €115,317
- ▲ 50.5%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €85,092
- ▲ 46.8%
- Equity
- €23,782
- ▲ 27.2%
- Total assets
- €132,438
- ▲ 47.4%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 0.98, cash €36,015Size: total assets €132,438Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 22% of them on solvency, 20% on liquidity, 84% on profitability and 71% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 86 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 02-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 48% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | - | €29,073 |
| Depreciation and write-downs of the year | €1,373 | €4,457 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,373 | €4,457 | ▲ 225% |
| Other operating charges640/8 | €1,663 | €2,052 | ▲ 23.4% |
| Gross operating margin9900 | €76,644 | €115,317 | ▲ 50.5% |
| Operating profit (loss)9901 | €73,608 | €108,808 | ▲ 47.8% |
| Financial income75/76B | €5 | €47 | ▲ 831% |
| Recurring financial income75 | €5 | €47 | ▲ 831% |
| Financial charges65/66B | €159 | €247 | ▲ 55.7% |
| Recurring financial charges65 | €159 | €247 | ▲ 55.7% |
| Profit (loss) for the period before taxes9903 | €73,455 | €108,608 | ▲ 47.9% |
| Income taxes67/77 | €15,506 | €23,516 | ▲ 51.7% |
| Profit (loss) for the period9904 | €57,948 | €85,092 | ▲ 46.8% |
| Profit (loss) for the period to be appropriated9905 | €57,948 | €85,092 | ▲ 46.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €89,823 | €132,438 | ▲ 47.4% |
| Fixed assets21/28 | €2,451 | €27,067 | ▲ 11× |
| Tangible fixed assets22/27 | €2,451 | €27,067 | ▲ 11× |
| Plant, machinery and equipment23 | €0 | €7,955 | - |
| Furniture and vehicles24 | €2,451 | €5,654 | ▲ 131% |
| Other tangible fixed assets26 | - | €13,458 | - |
| Current assets29/58 | €87,372 | €105,371 | ▲ 20.6% |
| Amounts receivable after more than one year29 | - | €35,000 | - |
| Other amounts receivable291 | - | €35,000 | - |
| Amounts receivable within one year40/41 | €46,659 | €27,240 | ▼ 41.6% |
| Trade receivables40 | €42,165 | €27,240 | ▼ 35.4% |
| Other amounts receivable41 | €4,494 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €39,557 | €36,015 | ▼ 9.0% |
| Deferred charges and accrued income490/1 | €1,157 | €7,117 | ▲ 515% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €89,823 | €132,438 | ▲ 47.4% |
| Equity10/15 | €18,690 | €23,782 | ▲ 27.2% |
| Contributions10/11 | €18,550 | €18,550 | = |
| Reserves13 | €100 | €100 | = |
| Distributable reserves133 | €100 | €100 | = |
| Profit (loss) carried forward14 | €40 | €5,132 | ▲ 128× |
| Amounts payable17/49 | €71,133 | €108,655 | ▲ 52.8% |
| Amounts payable within one year42/48 | €68,583 | €106,990 | ▲ 56.0% |
| Trade debts44 | €4,507 | €14,113 | ▲ 213% |
| Suppliers440/4 | €4,507 | €14,113 | ▲ 213% |
| Taxes, remuneration and social security45 | €4,404 | €20,334 | ▲ 362% |
| Taxes450/3 | €4,404 | €20,334 | ▲ 362% |
| Other amounts payable47/48 | €59,671 | €72,543 | ▲ 21.6% |
| Accrued charges and deferred income492/3 | €2,550 | €1,666 | ▼ 34.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €57,948 | €85,092 | ▲ 46.8% |
| + Depreciation and write-downs630 | €1,373 | €4,457 | ▲ 225% |
| Operating cash flow (approximation) | €59,321 | €89,549 | ▲ 51.0% |
| Investment in fixed assets (approximation) | - | -€29,073 | - |
| Change in cash | - | -€3,542 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,713 companies had the same profile as OPEN EYE has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of OPEN EYE itself is lower: 0.2% within 12 months. It rests on far more data about OPEN EYE than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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 6,713 companies, not a prediction for OPEN EYE. 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.
Board & ownership
Directors
Owners and capital
Capital transactions
- 01-03-2024 Capital stated in the deed · 18,550 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BOUCKENOOGHE Véronique |
|
Network & group
OPEN EYE shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of OPEN EYE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
23-07
Gazette deed
Registered office moved from Gent to Merelbeke-MelleNew seat: Heusdenbaan 28, 9090 Merelbeke-Melle · Previous seat: Hoogstraat 23, 9000 Gent2 points ▸
- Board meeting, 04-04-2025
- Registered-office move, Heusdenbaan 28, 9090 Merelbeke-Melle
01-03
Gazette deed
Resignation: BOUCKENOOGHE Véronique (director)Appointment: BOUCKENOOGHE Véronique (director) · Director discharge · Power of attorney10 points ▸
- Director resignation, BOUCKENOOGHE Véronique (director)
- Director appointment, BOUCKENOOGHE Véronique (director (not named in the articles))
- Director discharge, BOUCKENOOGHE Véronique
- Power of attorney
- General meeting, 27-02-2024
- Amendment of the articles, mentioned 2 times in the deed
- Other provision, “verslag bestuursorgaan artikel 14:5 WVV houdende voorstel omzetting in besloten vennootschap, staat van activa en passiva niet ouder dan drie maanden” (deed in Dutch)
- Other provision, “verslag bedrijfsrevisor/extern accountant artikel 14:4 WVV over staat van activa en passiva” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Hoogstraat 23, 9000 Gent until 18-03-2025 · act of 23-07-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Het beheer en de dienstverlening voor derden betreffende algemeen management en salesmanagement
- Allerhande financiële participaties nemen,alsook de financiële dienstverlening,vastgoedactiviteiten,import en export
- Alle commerciële,financiële,industriële,burgerlijke,roerende en onroerende verrichtingen doen die zich rechtstreeks of onrechtstreeks bij het voorwerp aansluiten of van aard zijn er de verwezenlijking van te bevorderen
- Het verlenen van advies op het gebied van algemeen management,aankoop en verkoop beleid
- Het uitvoeren en opvolgen van de voorgestelde bevelen
- Het geven van opleidingen voor bovenvermelde activiteiten
- De uitvoering van studies voor bovenvermelde activiteiten
- Uitvoeren van handelsactiviteiten
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44402A0079/00X005 | Flanders | 584 m² | 1 · 122 m² | 8.2 m · 2 |