OPEN TECH HIVE
ActiveSummary
OPEN TECH HIVE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-8k) and a net result of €-10k. Equity is shrinking by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-29
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52 against 0.58 in 2024; short-term debt: 126.3% and cash: 4.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-29%
Return on assets
-34.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
24 d late
2024
4 d late
2023
29 d late
2022
19 d late
2021
13 d early
2020
17 d late
2019
42 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-8k
2024 · €1k
2018: €37k
2019: €56k▲ +50.3% vs 2018highest in 8 years
2020: €44k▼ -20.8% vs 2019
2021: €31k▼ -31.1% vs 2020
2022: €34k▲ +9.4% vs 2021
2023: €28k▼ -15.2% vs 2022
2024: €1k▼ -94.9% vs 2023
2025: €-8k▼ -672% vs 2024lowest in 8 years
2018 → 2025
Total assets
€28k▼ 25.3%
2024 · €38k
2018: €63k
2019: €71k▲ +11.4% vs 2018
2020: €57k▼ -19.9% vs 2019
2021: €58k▲ +1.8% vs 2020
2022: €66k▲ +14.9% vs 2021
2023: €71k▲ +7.8% vs 2022highest in 8 years
2024: €38k▼ -47.0% vs 2023
2025: €28k▼ -25.3% vs 2024lowest in 8 years
2018 → 2025
Net result
€-10k▲ 64.3%
2024 · €-27k
2018: €-7k
2019: €19k▲ +385% vs 2018highest in 8 years
2020: €-7k▼ -139% vs 2019
2021: €-14k▼ -92.8% vs 2020
2022: €3k▲ +121% vs 2021
2023: €-5k▼ -278% vs 2022
2024: €-27k▼ -429% vs 2023lowest in 8 years
2025: €-10k▲ +64.3% vs 2024
2018 → 2025
Working capital
€-17k▼ 12.8%
2024 · €-15k
2018: €11k
2019: €26k▲ +141% vs 2018highest in 8 years
2020: €19k▼ -28.0% vs 2019
2021: €-15k▼ -178% vs 2020
2022: €149▲ +101% vs 2021
2023: €4k▲ +2590% vs 2022
2024: €-15k▼ -478% vs 2023
2025: €-17k▼ -12.8% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€34k▲ 9.4%€28k▼ 15.2%€1k▼ 94.9%€-8k
2021: €31k
2022: €34k▲ +9.4% vs 2021highest in 5 years
2023: €28k▼ -15.2% vs 2022
2024: €1k▼ -94.9% vs 2023
2025: €-8k▼ -672% vs 2024lowest in 5 years
Operating result€-14k-€3k€-5k€-27k▼ 447%€-9k▲ 64.6%
2021: €-14k
2022: €3k▲ +122% vs 2021highest in 5 years
2023: €-5k▼ -259% vs 2022
2024: €-27k▼ -447% vs 2023lowest in 5 years
2025: €-9k▲ +64.6% vs 2024
Net result€-14k-€3k€-5k€-27k▼ 429%€-10k▲ 64.3%
2021: €-14k
2022: €3k▲ +121% vs 2021highest in 5 years
2023: €-5k▼ -278% vs 2022
2024: €-27k▼ -429% vs 2023lowest in 5 years
2025: €-10k▲ +64.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €27k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€10k ▼ 44.6%
Current assets
€19k ▼ 9.2%
Key figures and ratios
EBITDA
€-2k▲
2024 · €-19k
Cash flow
€-2k▲
2024 · €-19k
Solvency
-29.0%▼
2024 · 3.8%
Current ratio
0.52▼
2024 · 0.58
Quick ratio
0.24▼
2024 · 0.30
Debt to equity
-4.45▼
2024 · 25.41
ROA
-34.1%▲
2024 · -71.2%
Interest coverage
-11.59▲
2024 · -126.71
Debt
€37k▲
2024 · €36k
Debt ≤ 1 year
€36k▲
2024 · €36k
Staff costs
€192▼
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€38k€28k▼
Fixed assets21/28€17k€10k▼
Intangible fixed assets21€10k€5k▼
Tangible fixed assets22/27€7k€5k▼
Land and buildings22€5k€3k▼
Plant, machinery and equipment23€22-
Furniture and vehicles24€3k€2k▼
Current assets29/58€21k€19k▼
Stocks and contracts in progress3€10k€10k=
Contracts in progress37€10k€10k=
Amounts receivable within one year40/41€8k€7k▼
Trade receivables40€7k€7k=
Other amounts receivable41€1k€241▼
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1€123€677▲
Equity and liabilities
Total equity and liabilities10/49€38k€28k▼
Equity10/15€1k€-8k▼
Contributions10/11€23k€23k=
Reserves13€5k€5k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-27k€-37k▼
Amounts payable17/49€36k€37k▲
Amounts payable within one year42/48€36k€36k▲
Trade debts44€13k€13k▼
Suppliers440/4€13k€13k▼
Other amounts payable47/48€23k€23k▲
Accrued charges and deferred income492/3€750€750=
Income statement
Code20242025
Remuneration, social security and pensions62€19k€192▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€595€610▲
Gross operating margin9900€621€-975▼
Operating profit (loss)9901€-27k€-9k▲
Financial charges65/66B€150€153▲
Recurring financial charges65€150€153▲
Profit (loss) for the period before taxes9903€-27k€-10k▲
Profit (loss) for the period9904€-27k€-10k▲
Profit (loss) for the period to be appropriated9905€-27k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-37k▼
Profit (loss) brought forward from the previous period14P-€-27k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €19k | €192 | ▼ 99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €12k | €9k | €8k | €8k | ▼ 1.9% |
| Other operating charges640/8 | €539 | €540 | €583 | €595 | €610 | ▲ 2.4% |
| Gross operating margin9900 | €-6k | €16k | €5k | €621 | €-975 | ▼ 257% |
| Operating profit (loss)9901 | €-14k | €3k | €-5k | €-27k | €-9k | ▲ 64.6% |
| Financial income75/76B | €219 | €11 | - | - | - | - |
| Recurring financial income75 | €219 | €11 | - | - | - | - |
| Financial charges65/66B | €255 | €223 | €202 | €150 | €153 | ▲ 2.4% |
| Recurring financial charges65 | €255 | €223 | €202 | €150 | €153 | ▲ 2.4% |
| Profit (loss) for the period before taxes9903 | €-14k | €3k | €-5k | €-27k | €-10k | ▲ 64.3% |
| Profit (loss) for the period9904 | €-14k | €3k | €-5k | €-27k | €-10k | ▲ 64.3% |
| Profit (loss) for the period to be appropriated9905 | €-14k | €3k | €-5k | €-27k | €-10k | ▲ 64.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58k | €66k | €71k | €38k | €28k | ▼ 25.3% |
| Fixed assets21/28 | €46k | €34k | €25k | €17k | €10k | ▼ 44.6% |
| Intangible fixed assets21 | €26k | €21k | €15k | €10k | €5k | ▼ 53.6% |
| Tangible fixed assets22/27 | €20k | €14k | €10k | €7k | €5k | ▼ 32.4% |
| Land and buildings22 | €10k | €8k | €6k | €5k | €3k | ▼ 38.4% |
| Plant, machinery and equipment23 | €383 | €263 | €143 | €22 | - | - |
| Furniture and vehicles24 | €10k | €5k | €3k | €3k | €2k | ▼ 22.1% |
| Current assets29/58 | €12k | €32k | €46k | €21k | €19k | ▼ 9.2% |
| Stocks and contracts in progress3 | - | €18k | €7k | €10k | €10k | = |
| Contracts in progress37 | - | €18k | €7k | €10k | €10k | = |
| Amounts receivable within one year40/41 | €642 | €9k | €7k | €8k | €7k | ▼ 13.1% |
| Trade receivables40 | - | €9k | €7k | €7k | €7k | = |
| Other amounts receivable41 | €642 | €856 | - | €1k | €241 | ▼ 80.7% |
| Cash at bank and in hand54/58 | €10k | €5k | €32k | €3k | €1k | ▼ 52.5% |
| Deferred charges and accrued income490/1 | €765 | €755 | €458 | €123 | €677 | ▲ 451% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58k | €66k | €71k | €38k | €28k | ▼ 25.3% |
| Equity10/15 | €31k | €34k | €28k | €1k | €-8k | ▼ 672% |
| Contributions10/11 | €23k | €23k | €23k | €23k | €23k | = |
| Reserves13 | €8k | €11k | €5k | €5k | €5k | = |
| Non-distributable reserves130/1 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | €3k | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | €5k | €7k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | - | - | - | €-27k | €-37k | ▼ 35.7% |
| Amounts payable17/49 | €27k | €33k | €43k | €36k | €37k | ▲ 0.1% |
| Amounts payable within one year42/48 | €26k | €32k | €42k | €36k | €36k | ▲ 0.1% |
| Trade debts44 | €859 | €322 | €13k | €13k | €13k | ▼ 0.6% |
| Suppliers440/4 | €859 | €322 | €13k | €13k | €13k | ▼ 0.6% |
| Taxes, remuneration and social security45 | - | - | €6k | - | - | - |
| Taxes450/3 | - | - | €6k | - | - | - |
| Other amounts payable47/48 | €25k | €32k | €23k | €23k | €23k | ▲ 0.5% |
| Accrued charges and deferred income492/3 | €750 | €750 | €750 | €750 | €750 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-14k | €3k | €-5k | €-27k | €-10k | ▲ 64.3% |
| + Depreciation and write-downs630 | €7k | €12k | €9k | €8k | €8k | ▼ 1.9% |
| Operating cash flow (approximation) | €-7k | €15k | €4k | €-19k | €-2k | ▲ 89.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-6k | €28k | €-30k | €-1k | ▲ 95.2% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
19-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 19 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.00
Current ratio from 0.44 to 1.00.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.90
Current ratio from 1.43 to 2.90; short-term debt falls from €25k to €14k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Turnhout · 1 establishment unit since 2016
Ground area
1,037 m²
Building footprint
180 m²
Volume, LiDAR
970 m³
Parcel 13452N1169/00E000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OPEN TECH HIVE
since 20162.251.296.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452N1169/00E000 | Flanders | 1,037 m² | 1 · 180 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 1,229 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-02-2016
Fiscal year end31-12
Abbreviation NL
O.T.H.
Activities, NACEBEL 2025
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.