Open Plaats
ActiveSummary
Open Plaats has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €17,632. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 70% of 2315 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-17
Solvency90▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 5.05 against 5.65 in 2024; short-term debt: 10.4% and cash: 16.2% of total assets), and 35.4% of the assets are financed with debt.
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. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.6%
Return on assets
0.7%
Age of the figures
9 mo
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
70 d early
2023
13 d early
2022
84 d early
2021
86 d early
2020
82 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 62 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.6m▲ 1.1%
2024 · €1.6m
Total assets
€2.5m▼ 5.4%
2024 · €2.6m
Net result
€17,632▼ 55.9%
2024 · €40,019
Working capital
€1.0m▼ 6.1%
2024 · €1.1m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€184,396▲ 177%€154,978▼ 16.0%€121,302▼ 21.7%€40,243▼ 66.8%€37,259▼ 7.4%
Net result€167,937above the sector's middle half▲ 226%€140,094above the sector's middle half▼ 16.6%€107,518within the sector's middle half▼ 23.3%€40,019within the sector's middle half▼ 62.8%€17,632within the sector's middle half▼ 55.9%
Equity€1.3mabove the sector's middle half▲ 13.6%€1.5mabove the sector's middle half▲ 10.1%€1.6mabove the sector's middle half▲ 7.0%€1.6mabove the sector's middle half▲ 2.2%€1.6mabove the sector's middle half▲ 1.1%
Total assets€2.4mwithin the sector's middle half▼ 2.4%€2.5mwithin the sector's middle half▲ 2.0%€2.6mwithin the sector's middle half▲ 5.0%€2.6mwithin the sector's middle half▲ 1.6%€2.5mabove the sector's middle half▼ 5.4%
Debt€1.1m▼ 17.0%€1.0m▼ 7.4%€973,669▼ 3.8%€921,293▼ 5.4%€880,961▼ 4.4%
Working capital€825,823above the sector's middle half▲ 133%€917,968above the sector's middle half▲ 11.2%€994,757above the sector's middle half▲ 8.4%€1.1mabove the sector's middle half▲ 12.1%€1.0mabove the sector's middle half▼ 6.1%
Solvency54.6%within the sector's middle half▲ 7.7pp59.0%within the sector's middle half▲ 4.4pp60.1%within the sector's middle half▲ 1.1pp60.4%within the sector's middle half▲ 0.3pp64.6%within the sector's middle half▲ 4.2pp
Current ratio5.32above the sector's middle half▲ 3.395.19above the sector's middle half▼ 0.135.21above the sector's middle half▲ 0.025.65above the sector's middle half▲ 0.445.05above the sector's middle half▼ 0.60
Return on assets (ROA)6.9%within the sector's middle half▲ 4.9pp5.7%within the sector's middle half▼ 1.3pp4.2%within the sector's middle half▼ 1.5pp1.5%within the sector's middle half▼ 2.6pp0.7%within the sector's middle half▼ 0.8pp
Staff (FTE)21.1above the sector's middle half▲ 4.5%24above the sector's middle half▲ 13.7%26.6above the sector's middle half▲ 10.8%28.1above the sector's middle half▲ 5.6%29.3above the sector's middle half▲ 4.3%
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 7% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€1.2m ▼ 7.3%
Current assets
€1.3m ▼ 3.7%
Equity and liabilities €2.5m
Equity
€1.6m ▲ 1.1%
Provisions
€0 ▼ 100%
Debt
€880,961 ▼ 4.4%
Debt's share of the balance-sheet total rises from 35.0% to 35.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€130,168▼
2024 · €146,760
Cash flow
€110,541▼
2024 · €146,536
Quick ratio
4.91▼
2024 · 5.51
Debt to equity
0.55▼
2024 · 0.58
ROE
1.1%▼
2024 · 2.5%
Interest coverage
4.07▼
2024 · 8.57
Debt ≤ 1 year
€258,506▲
2024 · €239,930
Debt > 1 year
€620,095▼
2024 · €677,101
Staff costs
€1.4m▲
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €42,820 | €13,084 | - | - | - | - |
| Remuneration, social security and pensions62 | €829,912 | €967,050 | €1.1m | €1.3m | €1.4m | ▲ 9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €116,623 | €108,631 | €111,756 | €106,517 | €92,909 | ▼ 12.8% |
| Other operating charges640/8 | €5,510 | €3,647 | €5,316 | €12,008 | €12,187 | ▲ 1.5% |
| Non-recurring operating charges66A | - | - | - | €437 | - | - |
| Gross operating margin9900 | €1.1m | €1.2m | €1.4m | €1.5m | €1.4m | ▼ 4.9% |
| Operating profit (loss)9901 | €184,396 | €154,978 | €121,302 | €40,243 | €37,259 | ▼ 7.4% |
| Financial income75/76B | €710 | €915 | €4,343 | €16,910 | €12,332 | ▼ 27.1% |
| Recurring financial income75 | €710 | €915 | €4,343 | €16,910 | €12,332 | ▼ 27.1% |
| Financial charges65/66B | €17,170 | €15,799 | €18,127 | €17,133 | €31,958 | ▲ 86.5% |
| Recurring financial charges65 | €17,170 | €15,799 | €18,127 | €17,133 | €31,958 | ▲ 86.5% |
| Profit (loss) for the period before taxes9903 | €167,937 | €140,094 | €107,518 | €40,019 | €17,632 | ▼ 55.9% |
| Profit (loss) for the period9904 | €167,937 | €140,094 | €107,518 | €40,019 | €17,632 | ▼ 55.9% |
| Profit (loss) for the period to be appropriated9905 | €167,937 | €140,094 | €107,518 | €40,019 | €17,632 | ▼ 55.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €2.5m | €2.6m | €2.6m | €2.5m | ▼ 5.4% |
| Fixed assets21/28 | €1.4m | €1.3m | €1.4m | €1.3m | €1.2m | ▼ 7.3% |
| Tangible fixed assets22/27 | €1.4m | €1.3m | €1.4m | €1.3m | €1.2m | ▼ 7.3% |
| Land and buildings22 | €1.3m | €1.2m | €1.3m | €1.2m | €1.1m | ▼ 6.2% |
| Plant, machinery and equipment23 | €122,531 | €91,721 | €59,366 | €34,673 | €20,012 | ▼ 42.3% |
| Furniture and vehicles24 | €7,944 | €4,472 | €2,516 | €4,433 | €2,597 | ▼ 41.4% |
| Other tangible fixed assets26 | €903 | €42 | €28 | €14 | - | - |
| Financial fixed assets28 | - | - | €2,230 | €12,230 | €12,230 | = |
| Current assets29/58 | €1.0m | €1.1m | €1.2m | €1.4m | €1.3m | ▼ 3.7% |
| Stocks and contracts in progress3 | €34,516 | €43,585 | €36,846 | €33,063 | €36,501 | ▲ 10.4% |
| Stocks30/36 | €34,516 | €43,585 | €36,846 | €33,063 | €36,501 | ▲ 10.4% |
| Amounts receivable within one year40/41 | €91,177 | €133,534 | €151,513 | €154,579 | €261,347 | ▲ 69.1% |
| Trade receivables40 | €62,569 | €68,896 | €42,505 | €43,941 | €62,571 | ▲ 42.4% |
| Other amounts receivable41 | €28,609 | €64,638 | €109,007 | €110,638 | €198,776 | ▲ 79.7% |
| Current investments50/53 | €500 | €500 | €300,500 | €300,500 | €600,500 | ▲ 99.8% |
| Cash at bank and in hand54/58 | €883,231 | €950,146 | €726,001 | €842,247 | €403,995 | ▼ 52.0% |
| Deferred charges and accrued income490/1 | €7,510 | €9,219 | €16,097 | €24,851 | €3,106 | ▼ 87.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €2.5m | €2.6m | €2.6m | €2.5m | ▼ 5.4% |
| Equity10/15 | €1.3m | €1.5m | €1.6m | €1.6m | €1.6m | ▲ 1.1% |
| Contributions10/11 | - | €260,039 | €260,039 | €260,039 | €260,039 | = |
| Capital10 | - | €260,039 | €260,039 | €260,039 | €260,039 | = |
| Reserves13 | €330,000 | €330,000 | €417,157 | €457,176 | €474,808 | ▲ 3.9% |
| Profit (loss) carried forward14 | €712,961 | €853,055 | €873,417 | €873,417 | €873,417 | = |
| Investment grants15 | €18,543 | €12,362 | €6,181 | - | - | - |
| Provisions and deferred taxes16 | €4,978 | - | €60,000 | €120,000 | - | - |
| Provisions for liabilities and charges160/5 | €4,978 | - | €60,000 | €120,000 | - | - |
| Major repairs and maintenance162 | - | - | €60,000 | €120,000 | - | - |
| Other liabilities and charges164/5 | €4,978 | - | - | - | - | - |
| Amounts payable17/49 | €1.1m | €1.0m | €973,669 | €921,293 | €880,961 | ▼ 4.4% |
| Amounts payable after more than one year17 | €842,260 | €788,330 | €733,173 | €677,101 | €620,095 | ▼ 8.4% |
| Financial debts170/4 | €842,260 | €788,330 | €733,173 | €677,101 | €620,095 | ▼ 8.4% |
| Amounts payable within one year42/48 | €191,109 | €219,016 | €236,200 | €239,930 | €258,506 | ▲ 7.7% |
| Current portion of amounts payable after more than one year42 | €54,780 | €54,259 | €55,156 | €56,072 | €57,007 | ▲ 1.7% |
| Trade debts44 | €24,455 | €30,724 | €20,878 | €21,771 | €26,930 | ▲ 23.7% |
| Suppliers440/4 | €24,455 | €30,724 | €20,878 | €21,771 | €26,930 | ▲ 23.7% |
| Taxes, remuneration and social security45 | €111,874 | €134,023 | €160,165 | €162,087 | €174,569 | ▲ 7.7% |
| Taxes450/3 | €6,901 | €10,394 | €16,058 | €19,275 | €16,693 | ▼ 13.4% |
| Remuneration and social security454/9 | €104,974 | €123,629 | €144,108 | €142,813 | €157,876 | ▲ 10.5% |
| Accrued charges and deferred income492/3 | €58,996 | €4,596 | €4,295 | €4,261 | €2,360 | ▼ 44.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €167,937 | €140,094 | €107,518 | €40,019 | €17,632 | ▼ 55.9% |
| + Depreciation and write-downs630 | €116,623 | €108,631 | €111,756 | €106,517 | €92,909 | ▼ 12.8% |
| Operating cash flow (approximation) | €284,559 | €248,725 | €219,274 | €146,536 | €110,541 | ▼ 24.6% |
| Investment in fixed assets (approximation) | - | -€37,092 | -€140,846 | -€23,697 | €0 | ▲ 100% |
| Change in cash | - | €66,915 | -€224,145 | €116,246 | -€438,252 | ▼ 477% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €17,632 ▼55.9%
Net result drops to €17,632, the lowest in the series.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €167,937 ▲226%
Operating result €184,396, net result €167,937, both a record.
31-12
Financial
Liquidity triplescurrent ratio 5.32
Current ratio from 1.93 to 5.32; short-term debt falls from €381,832 to €191,109.
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 4 establishment units since 2006
Ground area
4,494 m²
Building footprint
3,050 m²
Volume, LiDAR
13,772 m³
4 parcels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
De Kringwinkel Open Plaats BRUGSE POORT
since 20062.150.849.789
Sociale Dienst Brugse Poort
since 20082.196.692.088
Magazijn Sloepstraat
since 20162.288.439.242
De Kringwinkel Open Plaats Destelbergen
since 20202.308.212.889
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813T0119/00E000 | Flanders | 1,765 m² | 1 · 886 m² | 6.9 m · 2 fl. |
| 44816K0650/00R012 | Flanders | 1,753 m² | 1 · 1,261 m² | 11.4 m · 2 fl. |
| 44013B0299/00B011 | Flanders | 933 m² | 1 · 856 m² | 6.8 m · 1 fl. |
| 44816K0650/00D007 | Flanders | 43 m² | 1 · 47 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 15 entries · 1,089,636 EUR awarded · 1,025,357 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 379,597 EUR | 379,597 EUR |
| 2024 | 4 | 311,588 EUR | 288,592 EUR |
| 2023 | 5 | 258,835 EUR | 245,464 EUR |
| 2022 | 3 | 139,616 EUR | 111,704 EUR |
Federal government
2025 · 2 entries · 85,545 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Justitie | 2 | 85,545 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.196.692.088
Care and welfare
1 service · 0 liveOPEN PLAATS
Recognised sheltered-work company
1 live approvalRecognised sheltered-work company
Quality registration as a provider
1 live approvalQuality registration as a provider
Legal Entity Identifier
894500WXKX8ROATK6U37
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Of 24,494 companies in sector 82990 we hold annual accounts for 9,417. 3,637 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded20-10-1998
Fiscal year end31-12
Activities, NACEBEL 2025
47792Retail sale of second-hand clothing
82990Other business support services
Contact
E-mail
dekringwinkel@openplaats.beGent
Phone
0499754710Gent
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465876449
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.