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Open Thor Living Lab

Active
Cooperative companyfounded 2024active for 2 yearsThor Park 8300, 3600 Genk, Belgium36 active companies are registered at this addressKBO/BCE: BE 1009.830.079

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

Open Thor Living Lab has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of -€319,264. Its solvency ranks better than 87% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 29-05-2024 Normal situation
Legal form
Cooperative company
Registered office
Thor Park 8300, 3600 Genk
Activity
Engineering and related technical consultancy, excluding land surveyors NACE 71121and 2 others
Establishment unit
2.360.439.273 3600 Genk, since 29-05-2024
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • DRIES Wim JozefDirector · since 29-05-2024
  • FI-VE-CONSULTDirector · since 29-05-2024 · permanent representative Filip VERCAUTEREN
  • GOVAERTS KatleenDirector · since 29-05-2024
  • MDBMDirector · since 29-05-2024 · permanent representative DE BLAUWE Michael
and 2 other directors
Auditor
BV VAN HAVERMAET BEDRIJFSREVISOREN

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€294,582
Loss
€319,264
Equity
€1.5m
Total assets
€1.8m
Turnover not published (abbreviated format)2025 accounts filed 52 days before the deadline
Filed on 09-06-2026at the National Bank
Score breakdownraises riskLoss of €319,264 (financial year 2025)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 4.74, cash €1.3mSize: total assets €1.8mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of micro companies in architecture and engineering (NACE 71)
Financial strength
Strong
Solvency 100
equity 82.7% of total assets
Liquidity 96
short-term debt 16.4% · cash 74.9%
Profitability 0
return on assets -18.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (14,826 companies, NACE 71, micro)
Last 24 months 06-2025: 0.6% 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.7%▲ +0.1 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.8%▲ +0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026highest value 07-2026: 0.1%▼ -0.8 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €130,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 4.74, above the usual 1.5. Short-term debt is 16.4% and cash 74.9% of total assets. 17.3% of the assets are financed with debt and provisions.
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 71, micro). It does better than 87% of them on solvency, 90% on liquidity and 4% on profitability.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €319,264 (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 4.74, cash €1.3m
NBB · annual accounts
lowers risk · Size: total assets €1.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 09-06-2026, 52 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
52 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Caution: Lower net result than 95% of companies in architecture and engineeringsector median €27,124 · 2,557 companies -€319,264 View
  • Board changedlatest change 02-06-2026 · 6 in office 1 joined · 1 left View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Open Thor Living Lab

What is the company number of Open Thor Living Lab?
The company number of Open Thor Living Lab is 1009.830.079. The VAT number is the same number with BE in front: BE 1009.830.079.
Where is Open Thor Living Lab based?
The registered office is at Thor Park 8300, 3600 Genk.Company details
What does Open Thor Living Lab do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of Open Thor Living Lab?
The legal form of Open Thor Living Lab is Cooperative company (CV).
When was Open Thor Living Lab founded?
Open Thor Living Lab was founded on 29-05-2024.
Is Open Thor Living Lab still active?
Yes, Open Thor Living Lab is an active enterprise in the KBO register.
What is the turnover of Open Thor Living Lab?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is Open Thor Living Lab profitable?
In financial year 2025, Open Thor Living Lab made a loss of €319,264.
Where can I find the annual accounts of Open Thor Living Lab?
Open Thor Living Lab filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts at the National Bank

Companies linked to Open Thor Living Lab

Comparable companies

These companies have the same main activity as Open Thor Living Lab: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €960,000 and €2.5m, founded between 2023 and 2025.

CompanyTotal assetsGross margin
Open Thor Living Lab Genk€1.8m-€0.3m
Spark Power Gent€1.8m-€1.0m
AGROLAB WEST BELGIUM Zelzate€1.6m-€0.1m
Warmtenet Zelzate Turnhout€1.3m-€0.007m
Entreprise wallonne pour l'accélération de la transition énergétique Liège€2.3m-€0.5m
MULTIPOWR Evergem€2.5m-€0.05m
ENDEXIA Rixensart€1.0m-€0.007m
Full comparison

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