Equity
€0 from €860,236 in 2020
Equity fell by 100% in 2 years.
OPENMOTICS
Overview
Lifetime
10 annual accounts with figures on one time axisGross marginpeak €3.7m (2022)
€3.7m▲ €3.9m
Resultlowest -€1.0m (2020)
€3.1m▲ €3.8m
Equitypeak €860,236 (2020)
€0▼ 100%
Debts
€3.3m▲ 210%
Staffpeak 8.7 FTE (2021)
7.5 FTE▼ 13.8%
Board2 names since 2018
1 directorRP HOLDING BV
Owners
Documentsfilings and deeds
21-03-2023121 days before the deadline
2022abbreviated format
Gross margin from -€142,126 to €3.7mBack to profit: €3.1mStaff from 8.7 FTE to 7.5 FTEDividend €247,551Equity from €173,792 to €0Debts from €1.1m to €3.3m
Key points
from the 2022 annual accounts, the last ones filedDebts
€3.3m 100% of the balance sheet
Filings
10 annual accounts 7 late
The 2021 accounts came latest: 61 days after the end of the period.
No score
Board and ownership
RH
RP HOLDING BV
Director, since 08-06-2018
VD
Vander Donckt - Roobrouck - Christiaens Bedrijfsrevisoren
Auditor, Bart ROOBROUCK
Recent changes
Dissolution with immediate closure of the liquidation
Dissolved and wound up in a single deed · Books and records kept in Waregem · Appointment: VANDER DONCKT - ROOBROUCK - CHRISTIAENS BEDRIJFSREVISOREN (statutory auditor) · General meeting of 20-12-2022 · Gazette deed
Incorporation
6 publications in the Belgian Official Gazette, the last on 11-01-2023 · Gazette deed
Official details
Source: KBO- Status
- Dissolved and wound updeed of 11-01-2023
- Activity
- No activity registered in the KBO
- Financial year end
- 20 December
- Peppol
- Not found in the Peppol Directory
Annual accounts to 20-12-2022
- Gross margin
- €3.7m
- Turnover
- ≈ €6.4mestimated
- Profit
- €3.1m
- Equity
- €0▼ 100%
- Total assets
- €3.3m▲ 166%
- Employeeson 20-12-2022
- 10=
- Filing
- Filed on 21-03-2023
Insights on OPENMOTICS
Inactive. The last annual accounts are for financial year 2022. The company was dissolved and wound up in a single deed. The books and records are kept in Waregem.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2022
abbreviated format, filed on 21-03-2023, 121 days before the deadlineGross margin
€3.7m
▲ €3.9m
Operating result
€3.3m
▲ €4.0m
Profit
€3.1m
▲ €3.8m
Working capital
€0
▼ 100%
Solvency
0.0%
▼ 14.2 percentage points
Current ratio
1.00
▼ 1.46
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €6.4m. Estimated: probably between €4.3m and €11.0m.
Balance sheet
balance sheet total €3.3m on 20-12-2022What the company ownsHow it is paid for
Change in equityin €m
Change in cashin €m
Staff
Staff cost per FTE€60,036
Staff costs divided by the average number of full-time equivalents.
Joined and left+2
Training hours in 2022: 462.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
Total assets20/58 |
3.3m | 1.2m | 1.3m | 1.1m | 298,476 | 42,804 | 22,582 | 22,176 | 30,014 | 13,652 | |
Fixed assets21/28 |
0 | 634,766 | 20,637 | 21,091 | 15,225 | 1,740 | 72 | 155 | 237 | 320 | |
Intangible fixed assets21 |
0 | 619,875 | 3,600 | 4,800 | - | - | - | - | - | - | |
Tangible fixed assets22/27 |
0 | 11,491 | 13,637 | 12,891 | 11,825 | - | 72 | 155 | 237 | 320 | |
Furniture and vehicles24 |
0 | 11,491 | 13,637 | 12,891 | 11,825 | - | 72 | 155 | 237 | 320 | |
Financial fixed assets28 |
0 | 3,400 | 3,400 | 3,400 | 3,400 | 1,740 | - | - | - | - | |
Current assets29/58 |
3.3m | 593,426 | 1.3m | 1.1m | 283,251 | 41,064 | 22,510 | 22,021 | 29,777 | 13,332 | |
Stocks and contracts in progress3 |
0 | 113,289 | 44,619 | 91,896 | 47,581 | 10,828 | 9,165 | 10,857 | 14,796 | 9,080 | |
Stocks30/36 |
0 | 113,289 | 44,619 | 91,896 | 47,581 | 10,828 | 9,165 | 10,857 | 14,796 | 9,080 | |
Amounts receivable within one year40/41 |
155,247 | 452,000 | 482,569 | 552,411 | 94,512 | 17,770 | 5,243 | 4,008 | 7,252 | 3,028 | |
Trade receivables40 |
0 | 219,863 | 232,949 | 151,941 | 71,640 | 11,161 | 5,243 | 1,432 | 5,602 | 887 | |
Other amounts receivable41 |
155,247 | 232,136 | 249,620 | 400,470 | 22,873 | 6,609 | - | 2,576 | 1,650 | 2,141 | |
Current investments50/53 |
5 | 4,637 | 28,060 | - | - | - | - | - | - | - | |
Cash at bank and in hand54/58 |
3.1m | 18,920 | 708,629 | 424,133 | 141,158 | 12,466 | 7,277 | 7,156 | 7,729 | 1,224 | |
Deferred charges and accrued income490/1 |
0 | 4,580 | 3,963 | 2,687 | - | - | 826 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
Total equity and liabilities10/49 |
3.3m | 1.2m | 1.3m | 1.1m | 298,476 | 42,804 | 22,582 | 22,176 | 30,014 | 13,652 | |
Equity10/15 |
0 | 173,792 | 860,236 | -598,508 | 172,361 | 21,511 | 15,223 | 17,045 | 20,682 | 10,879 | |
Contributions10/11 |
0 | 3.0m | 3.0m | 518,600 | 518,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
Issued capital100 |
- | - | - | 518,600 | 518,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
Reserves13 |
0 | 2,911 | 2,911 | 2,911 | 2,911 | 2,911 | 2,082 | 2,082 | 2,082 | - | |
Non-distributable reserves130/1 |
0 | 1,319 | 1,319 | - | - | - | - | - | - | - | |
Legal reserve130 |
- | - | - | 1,319 | 1,319 | 1,319 | 490 | 490 | 490 | - | |
Reserves not available under the articles1311 |
0 | 1,319 | 1,319 | - | - | - | - | - | - | - | |
Distributable reserves133 |
0 | 1,592 | 1,592 | 1,592 | 1,592 | 1,592 | 1,592 | 1,592 | 1,592 | - | |
Profit (loss) carried forward14 |
0 | -2.8m | -2.2m | -1.1m | -349,150 | - | -5,458 | -3,637 | - | -7,721 | |
Amounts payable17/49 |
3.3m | 1.1m | 428,240 | 1.7m | 126,116 | 21,293 | 7,358 | 5,131 | 9,332 | 2,773 | |
Amounts payable after more than one year17 |
0 | 650,000 | 0 | 1.0m | - | - | - | - | - | - | |
Financial debts170/4 |
0 | 650,000 | 0 | 1.0m | - | - | - | - | - | - | |
Amounts payable within one year42/48 |
3.3m | 241,669 | 170,764 | 249,559 | 126,116 | 21,293 | 7,358 | 5,131 | 9,332 | 2,773 | |
Financial debts43 |
0 | 4,931 | 2,289 | - | - | - | - | - | 2,500 | - | |
Credit institutions430/8 |
0 | 4,931 | 2,289 | - | - | - | - | - | - | - | |
Other loans439 |
- | - | - | - | - | - | - | - | 2,500 | - | |
Trade debts44 |
0 | 162,949 | 106,725 | 219,103 | 117,562 | 7,255 | 4,294 | 2,371 | 2,633 | 233 | |
Suppliers440/4 |
0 | 162,949 | 106,725 | 219,103 | 117,562 | 7,255 | 4,294 | 2,371 | 2,633 | 233 | |
Taxes, remuneration and social security45 |
0 | 73,789 | 58,937 | 27,645 | 5,444 | 429 | 304 | - | 1,203 | - | |
Taxes450/3 |
0 | 593 | 889 | 3,265 | 1,113 | 429 | 304 | - | 1,203 | - | |
Remuneration and social security454/9 |
0 | 73,196 | 58,049 | 24,380 | 4,331 | - | - | - | - | - | |
Other amounts payable47/48 |
3.3m | 0 | 2,812 | 2,812 | 3,110 | 13,610 | 2,760 | 2,760 | 2,996 | 2,540 | |
Accrued charges and deferred income492/3 |
0 | 162,731 | 257,477 | 441,166 | - | - | - | - | - | - | |
| Income statement | |||||||||||
Non-recurring operating income76A |
3.7m | - | - | - | - | - | - | - | - | - | |
Gross operating margin9900 |
3.7m | -142,126 | -670,803 | -594,087 | -314,948 | 8,064 | -573 | -2,442 | 11,737 | -6,593 | |
Remuneration, social security and pensions62 |
450,274 | 532,635 | 349,137 | 159,497 | 29,384 | - | - | - | - | - | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
0 | 9,109 | 8,235 | 6,899 | 3,663 | 72 | 82 | 82 | 83 | 92 | |
Other operating charges640/8 |
172 | 1,067 | 524 | 2,264 | 1,757 | 498 | 498 | 625 | 475 | 1,014 | |
Operating profit (loss)9901 |
3.3m | -684,938 | -1.0m | -762,747 | -349,752 | 7,494 | -1,153 | -3,149 | 11,179 | -7,699 | |
Financial income75/76B |
4 | 3,514 | 2,235 | 797 | 2,327 | 73 | 331 | 6 | 8 | 50 | |
Recurring financial income75 |
4 | 3,514 | 2,235 | 797 | 2,327 | 73 | 331 | 6 | 8 | 50 | |
Financial charges65/66B |
13,151 | 4,277 | 14,230 | 8,588 | 1,725 | 852 | 1,000 | 493 | 179 | 72 | |
Recurring financial charges65 |
13,151 | 4,277 | 14,230 | 8,588 | 1,725 | 852 | 1,000 | 493 | 179 | 72 | |
Profit (loss) for the period before taxes9903 |
3.3m | -685,701 | -1.0m | -770,538 | -349,150 | 6,716 | -1,822 | -3,636 | 11,008 | -7,721 | |
Income taxes67/77 |
169,343 | 742 | 563 | 331 | - | 429 | 0 | 1 | 1,205 | - | |
Profit (loss) for the period9904 |
3.1m | -686,443 | -1.0m | -770,869 | -349,150 | 6,287 | -1,822 | -3,637 | 9,803 | -7,721 | |
Profit (loss) for the period to be appropriated9905 |
3.1m | -686,443 | -1.0m | -770,869 | -349,150 | 6,287 | -1,822 | -3,637 | 9,803 | -7,721 | |
| Appropriation of the result | |||||||||||
Profit (loss) to be appropriated9906 |
247,551 | -2.8m | -2.2m | -1.1m | -349,150 | 829 | -5,458 | -3,637 | 2,082 | -7,721 | |
Profit (loss) brought forward from the previous period14P |
-2.8m | -2.2m | - | - | - | - | - | - | - | - | |
Transfer to equity691/2 |
- | - | - | - | - | 829 | - | - | 2,082 | - | |
To the legal reserve6920 |
- | - | - | - | - | 829 | - | - | 490 | - | |
To other reserves6921 |
- | - | - | - | - | - | - | - | 1,592 | - | |
Profit to be distributed694/7 |
247,551 | - | - | - | - | - | - | - | - | - | |
Return on contributions (dividend)694 |
247,551 | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||
Average staff (FTE)9087 |
7.5 | 8.7 | 6 | 2.1 | 0.5 | - | - | - | - | - | |
Hours worked1013 |
13,118 | 14,717 | 10,247 | 3,832 | 919 | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2022 (PDF), filed on 21-03-2023.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 20-12-2022 | abbreviated format | 21-03-2023 | 2023-00042385 | |
| 31-12-2021 | abbreviated format | 30-09-2022 | 2022-20442753 | |
| 31-12-2020 | abbreviated format | 27-08-2021 | 2021-55300320 | |
| 31-12-2019 | abbreviated format | 26-08-2020 | 2020-44800262 | |
| 31-12-2018 | abbreviated format | 18-07-2019 | 2019-34300265 | |
| 31-12-2017 | micro format | 14-06-2018 | 2018-18700469 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-53800318 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-50900125 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-57400238 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-48100263 |
Subsidies and aid
European Union 1 project, €369,202 EU contribution
Projects
- Interoperable Solutions Connecting Smart Homes, Buildings and GridsHorizon 2020, participant, 01-10-2019 to 31-03-2024, €369,202, InterConnect
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 3.3m | -675,829 | -1.0m | -755,848 | -346,088 | 7,567 | -1,070 | -3,067 | 11,262 | -7,607 | |
| Cash flow | 3.1m | -677,334 | -1.0m | -763,970 | -345,486 | 6,359 | -1,739 | -3,555 | 9,886 | -7,629 | |
| Investment in fixed assets (approximation) | -634,766 | 623,238 | 7,781 | 12,764 | 17,149 | 1,740 | -0 | 0 | 0 | 412 | |
| Change in cash | 3.1m | -689,709 | 284,496 | 282,975 | 128,692 | 5,189 | 121 | -573 | 6,505 | - | |
| Working capital | 0 | 351,757 | 1.1m | 821,568 | 157,136 | 19,771 | 15,151 | 16,890 | 20,445 | 10,559 | |
| Solvency | 0.0% | 14.2% | 66.8% | -54.8% | 57.7% | 50.3% | 67.4% | 76.9% | 68.9% | 79.7% | |
| Current ratio | 1.00 | 2.46 | 7.42 | 4.29 | 2.25 | 1.93 | 3.06 | 4.29 | 3.19 | 4.81 | |
| Quick ratio | 1.00 | 1.99 | 7.16 | 3.92 | 1.87 | 1.42 | 1.81 | 2.18 | 1.61 | 1.53 | |
| Debt to equity | - | 6.07 | 0.50 | - | 0.73 | 0.99 | 0.48 | 0.30 | 0.45 | 0.25 | |
| ROE | - | -395.0% | -121.0% | - | -202.6% | 29.2% | -12.0% | -21.3% | 47.4% | -71.0% | |
| ROA | 94.7% | -55.9% | -80.8% | -70.6% | -117.0% | 14.7% | -8.1% | -16.4% | 32.7% | -56.6% | |
| Interest coverage | over 100 | -158.01 | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 20-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | 10 | 10 |
| full-time | 10 | 10 |
| part-time | 0 | 0 |
| in full-time equivalents | 10 | 10 |
| Average over the year, in full-time equivalents | 7.5 | 8.7 |
| On a permanent contract | 10 | 10 |
| Joined | 5 | 5 |
| Left | 3 | 3 |
| Training hours | 462 | 462 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
fixed assets acquired| Item | 20-12-2022 | 2021 |
|---|---|---|
| Tangible fixed assets | - | €5,501 |
| Intangible fixed assets | - | €617,737 |
| Depreciation and write-downs of the year | €0 | €9,109 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Insights on OPENMOTICS
The operating result for 2022 is a profit of €3.3m, after a loss of €684,938 in 2021. It is the highest result since 2013.
Board & ownership
Last board
1 director, 1 auditorVander Donckt - Roobrouck - Christiaens Bedrijfsrevisoren
Statutory auditor, permanent representative Bart ROOBROUCK
appointed by deed of 11-01-2023
Mandates through the years
2 names, the dashed line is todayRP HOLDING BV
Director
Director
Vander Donckt - Roobrouck - Christiaens Bedrijfsrevisoren
Statutory auditor
Statutory auditor
BoardStatutory auditor
Mandates as a list
- RP HOLDING BV
- Director, from 08-06-2018 to date
- Vander Donckt - Roobrouck - Christiaens Bedrijfsrevisoren
- Statutory auditor, appointed by deed of 11-01-2023, still in office
Control
Capital
- Contribution
- €3,018,600
- Source
- 2021 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- RP HOLDING
Source: lists of holdings in the owners' accounts
Articles of association
deed of 11-01-2023 (in Dutch)- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Ten minste helft totaal aantal uitgegeven aandelen, aanwezige of vertegenwoordigde aandeelhouders”
Network & group
No group
OPENMOTICS has no parent and no holdings in its annual accounts. RP HOLDING BV is the only director. OPENMOTICS shares no director with another company.
Timeline
Timeline
18 events since 2012Board
Filings
Financial
End
20122014201620182020202220242026
2023
Annual accounts 2022 filed PDFabbreviated format · 121 days before the deadline
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed · Books and records kept in Waregem · Appointment: VANDER DONCKT - ROOBROUCK - CHRISTIAENS BEDRIJFSREVISOREN (statutory auditor) · General meeting of 20-12-20224 points ▸
- General meeting, 20-12-2022
- Auditor appointment, VANDER DONCKT - ROOBROUCK - CHRISTIAENS BEDRIJFSREVISOREN (statutory auditor)
- Net-asset statement, 14-12-2022
- Power of attorney, Paul RENSON
- The deed holds 11 more points.
2022
Back to profit net €3.1m The net result is €3.1m, after 4 loss-making years.
Annual accounts 2021 filed PDFabbreviated format · 61 days late
2021
Annual accounts 2020 filed PDFabbreviated format · 27 days late
2020
Weakest financial year net -€1.0m The net result drops to -€1.0m, the lowest from 2013 to 2022.
Equity above €500,000 equity €860,236 Equity rises from -€598,508 to €860,236.
Annual accounts 2019 filed PDFabbreviated format · 26 days late
2019
Annual accounts 2018 filed PDFabbreviated format · 13 days before the deadline
2018
Equity above €150,000 equity €172,361 ▲701% Equity rises from €21,511 to €172,361.
Annual accounts 2017 filed PDFmicro format · 47 days before the deadline
2017
Back to profit net €6,287 The net result is €6,287, after 2 loss-making years.
Annual accounts 2016 filed PDFmicro format · 30 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 30 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 31 days late
2014
Back to profit net €9,803 The net result is €9,803, after one loss-making year.
Annual accounts 2013 filed PDFabbreviated format · 27 days late
2012
Incorporation PDF6 publications in the Belgian Official Gazette, the last on 11-01-2023
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Dissolved and wound up
OPENMOTICS is no longer in the KBO register.
- Status
- Inactive
- Reason
- Dissolved and wound up in a single deedBelgian Official Gazette, 11 January 2023 · deed
- Last annual accounts
- financial year to 20 December 2022
- Last registered office
- Vlasgaardstraat 52, 9000 Gentas published on 11 January 2023
- Legal form
- Private limited company
- First annual accounts
- financial year 2013