OpenAnalytics
ActiveSummary
OpenAnalytics has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.5m and a net result of €1.8m. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 80% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €9.5m
- Profit
- €1.8m
- Holdings
- 1
Why 96raises risk1 of the last 3 latelowers riskSize: total assets €11.2mLiquidity: current ratio 11.90, cash €5.0mFigures for financial year 2025 (filed 22-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 82% on solvency, 99% on liquidity, 91% on profitability and 4% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 50 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 51% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 546 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.2% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.2% 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 497,475 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 546 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.002m | €0.01m | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.3m | €0.2m | €0.2m | €0.5m | €0.3m | €0.3m | €0.4m | ▲ 31.2% |
| Other operating charges640/8 | - | - | - | €0.01m | €0.006m | €0.004m | €0.01m | €0.04m | ▲ 204% |
| Gross operating margin9900 | €0.1m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | ▲ 3.0% |
| Operating profit (loss)9901 | €0.06m | -€0.01m | €0.2m | €0.2m | -€0.1m | €0.2m | €0.2m | €0.1m | ▼ 51.2% |
| Financial income75/76B | - | - | - | €3.1m | €5.4m | €2.9m | €0.2m | €1.9m | ▲ 738% |
| Recurring financial income75 | €0.01m | €2.2m | €1.8m | €3.1m | €5.4m | €2.9m | €0.2m | €1.9m | ▲ 738% |
| Financial charges65/66B | - | - | - | €0.03m | €0.03m | €0.09m | €0.05m | €0.05m | ▼ 9.0% |
| Recurring financial charges65 | €0.02m | €0.04m | €0.03m | €0.03m | €0.03m | €0.09m | €0.05m | €0.05m | ▼ 9.0% |
| Profit (loss) for the period before taxes9903 | €0.06m | €2.1m | €2.0m | €3.3m | €5.2m | €2.9m | €0.4m | €2.0m | ▲ 424% |
| Income taxes67/77 | €0.005m | €0.2m | €0.2m | €0.3m | €0.5m | €0.3m | €0.1m | €0.2m | ▲ 79.9% |
| Profit (loss) for the period9904 | €0.05m | €1.9m | €1.8m | €3.0m | €4.8m | €2.7m | €0.3m | €1.8m | ▲ 585% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €1.9m | €1.8m | €3.0m | €4.8m | €2.7m | €0.3m | €1.8m | ▲ 585% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.8m | €4.3m | €5.4m | €7.3m | €13.9m | €16.5m | €16.4m | €11.2m | ▼ 31.4% |
| Fixed assets21/28 | €1.1m | €3.1m | €3.1m | €3.0m | €5.4m | €5.2m | €6.1m | €5.8m | ▼ 5.1% |
| Tangible fixed assets22/27 | €1.0m | €3.0m | €3.0m | €2.9m | €5.4m | €5.2m | €6.0m | €5.7m | ▼ 5.1% |
| Land and buildings22 | - | - | - | €2.9m | €5.3m | €5.1m | €5.9m | €5.7m | ▼ 4.8% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €292 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.07m | €0.1m | €0.07m | €0.04m | ▼ 38.2% |
| Financial fixed assets28 | €0.1m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Current assets29/58 | €1.7m | €1.2m | €2.3m | €4.4m | €8.5m | €11.3m | €10.3m | €5.5m | ▼ 47.0% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | - | €0.1m | - |
| Other amounts receivable291 | - | - | - | - | - | - | - | €0.1m | - |
| Amounts receivable within one year40/41 | €0.4m | €0.3m | €0.5m | €2.7m | €7.6m | €4.3m | €1.7m | €0.3m | ▼ 80.7% |
| Trade receivables40 | - | - | - | €0.3m | €0.09m | €168 | €0.001m | €0.04m | ▲ 30× |
| Other amounts receivable41 | - | - | - | €2.5m | €7.5m | €4.3m | €1.7m | €0.3m | ▼ 83.1% |
| Cash at bank and in hand54/58 | €1.0m | €0.8m | €1.8m | €1.6m | €0.8m | €6.9m | €8.5m | €5.0m | ▼ 41.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.02m | €0.04m | €0.04m | €0.03m | ▼ 37.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.8m | €4.3m | €5.4m | €7.3m | €13.9m | €16.5m | €16.4m | €11.2m | ▼ 31.4% |
| Equity10/15 | €0.4m | €2.3m | €4.0m | €6.8m | €11.5m | €14.2m | €14.4m | €9.5m | ▼ 34.0% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.4m | €2.3m | €4.0m | €6.8m | €11.5m | €14.2m | €14.4m | €9.5m | ▼ 34.0% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Distributable reserves133 | - | - | - | €6.8m | €11.5m | €14.2m | €14.4m | €9.5m | ▼ 34.0% |
| Amounts payable17/49 | €2.4m | €2.0m | €1.4m | €0.6m | €2.4m | €2.3m | €2.0m | €1.7m | ▼ 13.0% |
| Amounts payable after more than one year17 | €0.03m | €0.8m | €0.7m | - | €1.6m | €1.5m | €1.4m | €1.3m | ▼ 8.4% |
| Financial debts170/4 | - | - | - | - | €1.6m | €1.5m | €1.4m | €1.3m | ▼ 8.4% |
| Amounts payable within one year42/48 | €2.4m | €1.1m | €0.7m | €0.6m | €0.8m | €0.8m | €0.6m | €0.5m | ▼ 23.6% |
| Trade debts44 | €0.01m | €0.02m | €0.02m | €0.007m | €0.08m | €0.009m | €0.03m | €0.04m | ▲ 39.6% |
| Suppliers440/4 | - | - | - | €0.007m | €0.08m | €0.009m | €0.03m | €0.04m | ▲ 39.6% |
| Advances received on contracts in progress46 | - | - | - | - | €0.06m | €0.05m | €0.05m | €0.05m | = |
| Taxes, remuneration and social security45 | - | - | - | €0.3m | €0.6m | €0.7m | €0.5m | €0.3m | ▼ 28.9% |
| Taxes450/3 | - | - | - | €0.3m | €0.6m | €0.7m | €0.5m | €0.3m | ▼ 28.9% |
| Remuneration and social security454/9 | - | - | - | €0.06m | €0.005m | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.03m | €0.05m | €0.03m | €0.01m | ▼ 44.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.008m | €0.004m | €0.001m | €0.003m | €0.001m | ▼ 69.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.05m | €1.9m | €1.8m | €3.0m | €4.8m | €2.7m | €0.3m | €1.8m | ▲ 585% |
| + Depreciation and write-downs630 | €0.07m | €0.3m | €0.2m | €0.2m | €0.5m | €0.3m | €0.3m | €0.4m | ▲ 31.2% |
| Operating cash flow (approximation) | €0.1m | €2.2m | €2.0m | €3.2m | €5.3m | €2.9m | €0.6m | €2.2m | ▲ 285% |
| Investment in fixed assets (approximation) | - | -€2.2m | -€0.2m | -€0.02m | -€3.0m | -€0.07m | -€1.1m | -€0.09m | ▲ 92.0% |
| Change in cash | - | -€0.2m | €1.0m | -€0.2m | -€0.8m | €6.1m | €1.6m | -€3.6m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-06-2026 | 2026-00184532 |
| 31-12-2024 | abbreviated format | 22-10-2026 | 2026-00566408 |
| 31-12-2023 | abbreviated format | 18-07-2024 | 2024-00259141 |
| 31-12-2022 | abbreviated format | 19-07-2023 | 2023-00249921 |
| 31-12-2021 | abbreviated format | 20-07-2022 | 2022-20206513 |
| 31-12-2020 | abbreviated format | 13-07-2021 | 2021-34600174 |
| 31-12-2019 | abbreviated format | 28-07-2020 | 2020-35100112 |
| 31-12-2018 | abbreviated format | 30-07-2019 | 2019-40300270 |
| 31-12-2017 | abbreviated format | 12-07-2018 | 2018-32400058 |
| 31-12-2016 | micro format | 30-08-2017 | 2017-53600211 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
75%
According to the 2025 annual accounts of OpenAnalytics and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No directors read yet: 1 of 6 Gazette acts processed.
History
Acts, filings and financial milestones
03-01
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Capital · Board composition7 facts ▸
- General meeting, 12-12-2023
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening, volgestort gedeelte kapitaal en wettelijke reserve” (deed in Dutch)
- Capital conversion, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Capital
- Board composition, VERBEKE Tobias (director)
- Board composition, DÉVIÈRE Elisabeth (director)
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11302A0038/00X006 | Flanders | 280 m² | 1 · 224 m² | 11.8 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Management en consultancy in de ruimste betekenis van het woord. Het verlenen van dienstprestaties van economische aard,zowel in eigen…” (deed in Dutch)
19 activities (deed in Dutch)
- Management en consultancy in de ruimste betekenis van het woord. Het verlenen van dienstprestaties van economische aard,zowel in eigen beheer als in deelname met derden inzake de wetenschap,de methodiek en de techniek van het verzamelen,bewerken,interpreteren en presenteren van gegevens. Daartoe behoren onder meer statistical consulting,data analysis,data mining,statistical programming en quantitative marketing.
- Zij mag ook de functies van bestuurder in en/of van vereffenaar van andere vennootschappen uitoefenen;
- Het besturen en leiden van vennootschappen,ondernemingen en verenigingen,met eender welk voorwerp,en de onderafdelingen daarvan,welke ook de betiteling daarvan is;
- Het geven van adviezen,het opmaken van studies,het voorbereiden en opstarten van organisatiesystemen,het in toepassing brengen van systemen voor gegevensverwerkingen alle technieken in verband met het technisch,administratief,economisch,sociaal en algemeen beheer van ondernemingen van industriële of dienstverlenende aard;
- Het verzorgen van alle mogelijke administratieve en secretariaatsdiensten in de meest ruime zin,het verstrekken van documentatie;vertaalopdrachten;
- Het verstrekken en de begeleiding van (beroeps)opleidingen,onderwijs,(her)scholing en dit zowel op permanente als op occasionele wijze,zowel volgens de traditionele onderwijsmethodes,als schriftelijk of audio-visueel;
- De aan- en verkoop,het laten bouwen en doen verbouwen,het ruilen,beheren,de instandhouding,het schatten,het uitbaten,het in waarde brengen,het huren en verhuren van alle onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen,alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen;
- Het beheer van roerende waarden,dit voor eigen rekening of in deelneming met derden;
- Het aanzoeken,verwerven,afstaan,verhandelen,verpachten en uitbaten van allerhande concessies,brevetten,licenties en andere intellectuele rechten;
- De vennootschap handelt voor eigen rekening,in commissie,als tussenpersoon of als vertegenwoordiger;Zij mag haar onroerende goederen,met inbegrip van het handelsfonds,in pand stellen en mag aval verlenen voor alle leningen,kredietopeningen en andere verbintenissen zowel voor haarzelf als voor alle derden op voorwaarde dat zij er zelf belang bij heeft;
- Het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden van welke vorm ook,van Belgische of buitenlandse bestaande of nog op te richten vennootschappen;
- Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering;
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren onder om het even welke vorm;in dit kader kan zij ook borg stellen of aval verlenen,in de meest ruime zin,alle handels-financiële operaties verrichten,behalve die welke wettelijk voorbehouden zijn aan de depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen;
- Het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen en vastrentende waarden door intekening,waarborg,plaatsing,verhandeling,of anderszins,alsmede het verwezenlijken van om het even welke verrichting inzake portefeuille-en kapitaalbestuur;
- Zij kan alle hoegenaamde financiële,commerciële,industriële,burgerlijke,roerende en onroerende verrichtingen uitvoeren,die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp of van aard zijn dit te begunstigen. Zij mag bij middel van inbreng,afstand,onderschrijving,deelneming,samensmelting,financiële tussenkomst,aankoop,verkoop,ruiling van alle roerende of onroerende goederen of op om het even welke manier belangen nemen in alle bestaande of toekomstige vennootschappen,ondernemingen of verenigingen,zowel in België of in het buitenland,welke ook hun vorm weze;
- De vennootschap mag zich borg stellen of zakelijke zekerheden verlenen ten voordele van ondernemingen of vennootschappen waarin ze belangen bezit als mede-eigenaar,vennoot,schuldeiser of op andere wijze;
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,know-how en aanverwante immateriële duurzame activa;
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in het kort tussenpersoon in handel;
- Het maken van expertise- en schattingsverslagen van roerende en onroerende goederen,voor zover wettelijk toegelaten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- OpenAnalytics
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur,default onbepaalde duur, bestuursorgaan” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 20 June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten artikel 2:87 WVV zonder bijzondere machtiging AV, AV kan te allen tijde beperken bij gewone meerderheid” (deed in Dutch)