OpenS
ActiveSummary
OpenS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.95M and a net result of €1.56M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 88% of 72 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency97▲+14
Growth65▼-13
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290k at 30 days acceptable
Liquidity ample (current ratio 3.31 against 2.09 in 2024; short-term debt: 27.7% and cash: 6.2% of total assets), and 27.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
72.3%
Return on assets
28.6%
Age of the figures
9 mo
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
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
62 d early
2023
44 d early
2022
40 d early
2021
38 d early
2020
59 d late
2019
28 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, full schema
Turnover
€7.09M▲ 2.4%
2024 · €6.92M
2024: €6.92M
2025: €7.09M▲ +2.4% vs 2024
2024 → 2025
EBIT margin
30.8%▼ 7.1pp
2024 · 38.0%
2024: 38.0%
2025: 30.8%▼ -18.7% vs 2024
2024 → 2025
Net result
€1.56M▼ 17.3%
2024 · €1.89M
2018: €98klowest value
2019: €107k▲ +9.6% vs 2018
2020: €106k▼ -1.3% vs 2019
2024: €1.89Mhighest value
2025: €1.56M▼ -17.3% vs 2024
2018 → 2025
Working capital
€3.51M▲ 87.0%
2024 · €1.88M
2018: €-30k
2019: €-4k▲ +86.5% vs 2018
2020: €-41k▼ -931% vs 2019lowest value
2024: €1.88M
2025: €3.51M▲ +87.0% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020242025Trend
Turnover€6.92M€7.09M▲ 2.4%
2024: €6.92M
2025: €7.09M▲ +2.4% vs 2024
Equity€164k-€137k▼ 16.8%€208k▲ 52.0%€2.39M▲ 1,050%€3.95M▲ 65.4%
2018: €164k
2019: €137k▼ -16.8% vs 2018lowest value
2020: €208k▲ +52.0% vs 2019
2024: €2.39M
2025: €3.95M▲ +65.4% vs 2024highest value
Operating result€75k-€84k▲ 11.6%€168k▲ 100%€2.63M▲ 1,469%€2.19M▼ 16.8%
2018: €75klowest value
2019: €84k▲ +11.6% vs 2018
2020: €168k▲ +100% vs 2019
2024: €2.63Mhighest value
2025: €2.19M▼ -16.8% vs 2024
Net result€98k-€107k▲ 9.6%€106k▼ 1.3%€1.89M▲ 1,692%€1.56M▼ 17.3%
2018: €98klowest value
2019: €107k▲ +9.6% vs 2018
2020: €106k▼ -1.3% vs 2019
2024: €1.89Mhighest value
2025: €1.56M▼ -17.3% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.47M
Fixed assets
€447k ▼ 13.9%
Current assets
€5.02M ▲ 39.4%
Equity and liabilities €5.47M
Equity
€3.95M ▲ 65.4%
Debt
€1.52M ▼ 12.4%
Debt's share of the balance-sheet total falls from 42.0% to 27.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.28M▼
2024 · €2.63M
Cash flow
€1.66M▼
2024 · €1.90M
Current ratio
3.31▲
2024 · 2.09
Quick ratio
3.30▲
2024 · 2.07
Debt to equity
0.38▼
2024 · 0.72
ROE
39.5%▼
2024 · 79.1%
ROA
28.6%▼
2024 · 45.9%
Interest coverage
86.74▼
2024 · 89.15
Debt ≤ 1 year
€1.52M▼
2024 · €1.73M
Debt > 1 year
€0=
2024 · €0
Income taxes
€633k▼
2024 · €722k
Staff costs
€2.55M▼
2024 · €2.61M
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.12M€5.47M▲
Fixed assets21/28€519k€447k▼
Intangible fixed assets21€487k€413k▼
Tangible fixed assets22/27€10k€12k▲
Furniture and vehicles24€10k€12k▲
Financial fixed assets28€22k€22k=
Current assets29/58€3.60M€5.02M▲
Stocks and contracts in progress3€27k€28k▲
Stocks30/36€27k€28k▲
Amounts receivable within one year40/41€2.14M€1.66M▼
Trade receivables40€2.13M€1.57M▼
Other amounts receivable41€8k€85k▲
Current investments50/53€768k€2.80M▲
Cash at bank and in hand54/58€519k€338k▼
Deferred charges and accrued income490/1€145k€205k▲
Equity and liabilities
Total equity and liabilities10/49€4.12M€5.47M▲
Equity10/15€2.39M€3.95M▲
Contributions10/11€31k€31k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€2.36M€3.92M▲
Provisions and deferred taxes16€0€0=
Provisions for liabilities and charges160/5€0€0=
Other liabilities and charges164/5€0€0=
Amounts payable17/49€1.73M€1.52M▼
Amounts payable after more than one year17€0€0=
Financial debts170/4€0€0=
Amounts payable within one year42/48€1.73M€1.52M▼
Current portion of amounts payable after more than one year42€16k€3k▼
Financial debts43€0€0=
Credit institutions430/8€0€0=
Trade debts44€866k€1.05M▲
Suppliers440/4€866k€1.05M▲
Taxes, remuneration and social security45€845k€467k▼
Taxes450/3€562k€181k▼
Remuneration and social security454/9€283k€287k▲
Accrued charges and deferred income492/3€4k€0▼
Income statement
Code20242025
Turnover70€6.92M€7.09M▲
Goods, raw materials, services and sundry goods60/61€3.91M€3.65M▼
Remuneration, social security and pensions62€2.61M€2.55M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€97k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€0=
Gross operating margin9900€5.24M€4.84M▼
Operating profit (loss)9901€2.63M€2.19M▼
Financial income75/76B€14k€35k▲
Recurring financial income75€14k€35k▲
Financial charges65/66B€30k€26k▼
Recurring financial charges65€30k€26k▼
Profit (loss) for the period before taxes9903€2.61M€2.20M▼
Income taxes67/77€722k€633k▼
Profit (loss) for the period9904€1.89M€1.56M▼
Profit (loss) for the period to be appropriated9905€1.89M€1.56M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.36M€3.92M▲
Profit (loss) brought forward from the previous period14P€466k€2.36M▲
Social balance
Average headcount (FTE)908725.825.3▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €6.92M | €7.09M | ▲ 2.4% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €3.91M | €3.65M | ▼ 6.5% |
| Remuneration, social security and pensions62 | - | - | - | €2.61M | €2.55M | ▼ 2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73k | €68k | €124k | €5k | €97k | ▲ 1,820% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0 | €0 | - |
| Gross operating margin9900 | €1.44M | €1.72M | €2.23M | €5.24M | €4.84M | ▼ 7.7% |
| Operating profit (loss)9901 | €75k | €84k | €168k | €2.63M | €2.19M | ▼ 16.8% |
| Financial income75/76B | - | - | - | €14k | €35k | ▲ 161% |
| Recurring financial income75 | €35k | €35k | €35k | €14k | €35k | ▲ 161% |
| Financial charges65/66B | - | - | - | €30k | €26k | ▼ 10.8% |
| Recurring financial charges65 | €11k | €29k | €28k | €30k | €26k | ▼ 10.8% |
| Profit (loss) for the period before taxes9903 | €100k | €109k | €174k | €2.61M | €2.20M | ▼ 15.9% |
| Income taxes67/77 | €2k | €2k | €69k | €722k | €633k | ▼ 12.4% |
| Profit (loss) for the period9904 | €98k | €107k | €106k | €1.89M | €1.56M | ▼ 17.3% |
| Profit (loss) for the period to be appropriated9905 | €98k | €107k | €153k | €1.89M | €1.56M | ▼ 17.3% |
| Line | 2018 | 2019 | 2020 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.02M | €898k | €925k | €4.12M | €5.47M | ▲ 32.7% |
| Fixed assets21/28 | €201k | €141k | €249k | €519k | €447k | ▼ 13.9% |
| Intangible fixed assets21 | €180k | €123k | €230k | €487k | €413k | ▼ 15.2% |
| Tangible fixed assets22/27 | €9k | €6k | €6k | €10k | €12k | ▲ 19.3% |
| Furniture and vehicles24 | - | - | - | €10k | €12k | ▲ 19.3% |
| Financial fixed assets28 | €13k | €13k | €13k | €22k | €22k | = |
| Current assets29/58 | €815k | €757k | €676k | €3.60M | €5.02M | ▲ 39.4% |
| Stocks and contracts in progress3 | €58k | €69k | €43k | €27k | €28k | ▲ 3.2% |
| Stocks30/36 | - | - | - | €27k | €28k | ▲ 3.2% |
| Amounts receivable within one year40/41 | €511k | €502k | €434k | €2.14M | €1.66M | ▼ 22.7% |
| Trade receivables40 | - | - | - | €2.13M | €1.57M | ▼ 26.4% |
| Other amounts receivable41 | - | - | - | €8k | €85k | ▲ 916% |
| Current investments50/53 | - | - | - | €768k | €2.80M | ▲ 264% |
| Cash at bank and in hand54/58 | €183k | €121k | €181k | €519k | €338k | ▼ 34.9% |
| Deferred charges and accrued income490/1 | - | - | - | €145k | €205k | ▲ 40.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.02M | €898k | €925k | €4.12M | €5.47M | ▲ 32.7% |
| Equity10/15 | €164k | €137k | €208k | €2.39M | €3.95M | ▲ 65.4% |
| Contributions10/11 | €21k | €21k | - | €31k | €31k | = |
| Reserves13 | €50k | €50k | €3k | €3k | €3k | = |
| Distributable reserves133 | - | - | - | €3k | €3k | = |
| Profit (loss) carried forward14 | €13k | €20k | €173k | €2.36M | €3.92M | ▲ 66.4% |
| Provisions and deferred taxes16 | - | - | - | €0 | €0 | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0 | €0 | - |
| Other liabilities and charges164/5 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €852k | €761k | €717k | €1.73M | €1.52M | ▼ 12.4% |
| Amounts payable after more than one year17 | €7k | - | - | €0 | €0 | - |
| Financial debts170/4 | - | - | - | €0 | €0 | - |
| Amounts payable within one year42/48 | €845k | €761k | €717k | €1.73M | €1.52M | ▼ 12.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €16k | €3k | ▼ 81.8% |
| Financial debts43 | - | - | - | €0 | €0 | - |
| Credit institutions430/8 | - | - | - | €0 | €0 | - |
| Trade debts44 | €340k | €218k | €109k | €866k | €1.05M | ▲ 20.7% |
| Suppliers440/4 | - | - | - | €866k | €1.05M | ▲ 20.7% |
| Taxes, remuneration and social security45 | - | - | - | €845k | €467k | ▼ 44.7% |
| Taxes450/3 | - | - | - | €562k | €181k | ▼ 67.8% |
| Remuneration and social security454/9 | - | - | - | €283k | €287k | ▲ 1.2% |
| Accrued charges and deferred income492/3 | - | - | - | €4k | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €98k | €107k | €106k | €1.89M | €1.56M | ▼ 17.3% |
| + Depreciation and write-downs630 | €73k | €68k | €124k | €5k | €97k | ▲ 1,820% |
| Operating cash flow (approximation) | €170k | €175k | €229k | €1.90M | €1.66M | ▼ 12.4% |
| Investment in fixed assets (approximation) | - | €-8k | €-232k | - | €-25k | - |
| Change in cash | - | €-62k | €60k | - | €-181k | - |
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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
27-03
State Gazette act
Resignations: Carl Fahleryd (director) and Fritz Olof Fredrik Himmelman (director)Appointments: Alexander Wachtmeister da Silva (director) and Viktor Gustav Emil Karlsson (director) · Mandate compensation7 facts ▸
State Gazette act
Resignations: Carl Fahleryd (director) and Fritz Olof Fredrik Himmelman (director)
Appointments: Alexander Wachtmeister da Silva (director) and Viktor Gustav Emil Karlsson (director) · Mandate compensation7 facts ▸
- General meeting, 20 février 2026
- Director resignation, Carl Fahleryd (director)
- Director resignation, Fritz Olof Fredrik Himmelman (director)
- Director appointment, Alexander Wachtmeister da Silva (director)
- Director appointment, Viktor Gustav Emil Karlsson (director)
- Mandate compensation, Alexander Wachtmeister da Silva
- Mandate compensation, Viktor Gustav Emil Karlsson
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €1.89M ▲1,692%
Operating result €2.63M, net result €1.89M, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.09
Current ratio from 0.94 to 2.09.
31-12
Financial
Equity above €2MEq €2.39M ▲1,050%
4 profitable years in a row build equity to €2.39M.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 59 days late
2020
31-12
Financial
Equity above €200kEq €208k ▲52%
3 profitable years in a row build equity to €208k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 9 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 directors, last change in 2026
Alexander Wachtmeister da Silva
CurrentDirector · since 20-02-2026
Viktor Gustav Emil Karlsson
CurrentDirector · since 20-02-2026
20-02-2026
Alexander Wachtmeister da Silva: Appointed as Director
20-02-2026
Viktor Gustav Emil Karlsson: Appointed as Director
20-02-2026
Carl Fahleryd: Resigned as Director
20-02-2026
Fritz Olof Fredrik Himmelman: Resigned as Director
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Tubize · 2 establishment units since 2009
Ground area
1.6 ha
Building footprint
1,443 m²
Volume, LiDAR
10,508 m³
2 parcels, Wallonia · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Eyepea - ALLOcloud - toggle.ID
since 20092.251.580.331
Eyepea - ALLOcloud - toggle.ID
since 20102.184.518.588
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25097C0566/00F000 | Wallonia | 1.1 ha | 1 · 1,250 m² | 11.9 m · 3 fl. |
| 25015A0091/00F000 | Wallonia | 5,329 m² | 1 · 193 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,164 companies in sector 61200 we hold annual accounts for 695. 206 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
Founded21-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
61200Telecommunications resale and intermediation services
46500Wholesale of information and communication equipment
61100Wired, wireless and satellite telecommunications
62200Computer consultancy and computer facilities management
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.