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Open Model Solutions

Active Private limited companyfounded 2009active for 17 yearsGouvernementstraat 32, 9000 GhentKBO/BCE: BE 0812.716.577

Lifetime

16 annual accounts with figures on one time axis
peak €116,410 (2020)
€67,156▼ 9.9%
lowest -€1,981 (2011)
€48,663▼ 11.8%
peak €531,181 (2025)
€531,181▲ 10.1%
€112,933▲ 7.1%
peak 0 FTE (2023)
-not published
Board2 names since 2009
- 
Documentsfilings and deeds
26-02-202626 days late
2025micro format
A quiet year: no large shift against the year before.

Key points

from the 2025 annual accounts

Equity

€531,181 ▲ 10.1%

Open Model Solutions has made a profit without a break since 2012.

Turnover

≈ €160,000 estimated

The accounts state no turnover.

Position in the sector

€531,181

More equity than 95% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.

2025 accounts filed 26 days after the deadline

Checked score

96
Excellent
Financially stronger than 66% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

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

Last 24 months 12-2024: < 0.1% 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 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged 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: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026highest value 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 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 82.5% of total assets
95=short-term debt 17.5% · cash 73.2%
78-2return on assets 7.6%

Score breakdown

lowers risk
Liquidity: current ratio 5.70, cash €471,195
Equity €531,181 (82.5% of total assets)
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €644,114
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 85% of them on solvency, 85% on liquidity, 37% on profitability and 56% on growth.

The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.

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, 17,811 companies had the same profile as Open Model Solutions has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Open Model Solutions itself: < 0.1% 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 17,811 companies, not a prediction for Open Model Solutions. 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 €50,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.7 (5.57 in 2024), above the usual 1.5. Short-term debt is 17.5% and cash 73.2% of total assets. 17.5% 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

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 5.70, cash €471,195
NBB · annual accounts
lowers risk · Equity €531,181 (82.5% of total assets)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €644,114
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
26 days late
2024
on the day
2023
1 day early
2022
on the day
2021
on the day
2020
1 day early
2019
on the day
← 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 3 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 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
30-06-2026 year end10-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
LE
Director, until 2024
VL
Director, until 2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0812716577
Changes of role: Libeer, Eddy (director) and Van Loock, Frederic (director) General meeting of 03-01-2024 · Gazette deed
First establishment Gouvernementstraat 32, Ghent
Incorporation published on 25-06-2009 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
Open Model Solutions Ghent €644,114 €67,156 82.5% -
BELIGUM Ghent €642,839 €59,170 18.0% -
VertuXelos Aalter €698,599 €77,109 77.2% -
STRADEO Ganshoren €715,023 €66,768 98.3% -
CODE COMPETENCE Nieuwpoort €675,801 €73,233 41.2% -
KCM Consulting Antwerp €573,786 €64,842 75.9% -
SMART CMC Landen €577,492 €59,861 59.7% -

These companies have the same main activity as Open Model Solutions: computer programming (NACE 62100). They are comparable in size and age: total assets between €574,000 and €715,000, founded between 2007 and 2010.

Official details

Source: KBO
Status
Active since 23-06-2009Normal situation
Activity
Computer programmingNACE 62100
Establishment unit
2.179.237.2369000 Ghent, since 01-07-2009
Financial year end
30 June
Peppol
Reachable since 08-08-2025
Company details

Annual accounts to 30-06-2025

€644,114▲ 9.6%
Filing
Filed on 26-02-2026
Financials

Insights on Open Model Solutions

Open Model Solutions files the micro format. That format states no turnover. The gross margin fell from €80,364 in 2010 to €67,156 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Open Model Solutions

What is the company number of Open Model Solutions?
The company number of Open Model Solutions is 0812.716.577. The VAT number is the same number with BE in front: BE 0812.716.577.
Where is Open Model Solutions based?
The registered office is at Gouvernementstraat 32, 9000 Ghent.Company details
What does Open Model Solutions do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Open Model Solutions?
Open Model Solutions is a private limited company (BV).
When was Open Model Solutions founded?
Open Model Solutions was founded on 23-06-2009.
Is Open Model Solutions still active?
Yes, Open Model Solutions is an active enterprise in the KBO register.
What is the turnover of Open Model Solutions?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €67,156 and 41 comparable companies (NACE 62100). It probably lies between €130,000 and €200,000.Financials
Is Open Model Solutions profitable?
In financial year 2025, Open Model Solutions made a profit of €48,663.
Where can I find the annual accounts of Open Model Solutions?
Open Model Solutions filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Open Model Solutions due?
Open Model Solutions must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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