Openchoice
ActiveSummary
Openchoice has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €-780. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 95% of 2053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-58
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 20.72 against 15.42 in 2024; short-term debt: 4.8% and cash: 98% of total assets), and 4.8% of the assets are financed with debt.
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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 · 10 filingsDeviation from the deadline
2025
24 d late
2024
1 d late
2023
19 d late
2022
11 d late
2021
17 d late
2020
9 d early
2019
46 d early
← 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
€85k▼ 0.9%
2024 · €86k
2018: €69klowest in 8 years
2019: €75k▲ +8.5% vs 2018
2020: €83k▲ +10.2% vs 2019
2021: €87k▲ +5.2% vs 2020highest in 8 years
2022: €86k▼ -1.7% vs 2021
2023: €81k▼ -6.0% vs 2022
2024: €86k▲ +6.9% vs 2023
2025: €85k▼ -0.9% vs 2024
2018 → 2025
Total assets
€90k▼ 2.6%
2024 · €92k
2018: €100k
2019: €101k▲ +1.7% vs 2018highest in 8 years
2020: €86k▼ -15.0% vs 2019
2021: €91k▲ +5.2% vs 2020
2022: €88k▼ -2.6% vs 2021
2023: €85k▼ -4.2% vs 2022lowest in 8 years
2024: €92k▲ +8.8% vs 2023
2025: €90k▼ -2.6% vs 2024
2018 → 2025
Net result
€-780
2024 · €6k
2018: €25k
2019: €31k▲ +25.6% vs 2018highest in 8 years
2020: €8k▼ -72.5% vs 2019
2021: €5k▼ -39.6% vs 2020
2022: €-1k▼ -129% vs 2021
2023: €-5k▼ -246% vs 2022lowest in 8 years
2024: €6k▲ +209% vs 2023
2025: €-780▼ -114% vs 2024
2018 → 2025
Working capital
€85k▼ 0.6%
2024 · €86k
2018: €69klowest in 8 years
2019: €75k▲ +8.5% vs 2018
2020: €80k▲ +7.2% vs 2019
2021: €85k▲ +6.0% vs 2020
2022: €84k▼ -1.1% vs 2021
2023: €80k▼ -5.4% vs 2022
2024: €86k▲ +7.6% vs 2023highest in 8 years
2025: €85k▼ -0.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€86k▼ 1.7%€81k▼ 6.0%€86k▲ 6.9%€85k▼ 0.9%
2021: €87khighest in 5 years
2022: €86k▼ -1.7% vs 2021
2023: €81k▼ -6.0% vs 2022lowest in 5 years
2024: €86k▲ +6.9% vs 2023
2025: €85k▼ -0.9% vs 2024
Operating result€8k-€-1k€-5k▼ 268%€6k€-780
2021: €8khighest in 5 years
2022: €-1k▼ -118% vs 2021
2023: €-5k▼ -268% vs 2022lowest in 5 years
2024: €6k▲ +224% vs 2023
2025: €-780▼ -113% vs 2024
Net result€5k-€-1k€-5k▼ 246%€6k€-780
2021: €5k
2022: €-1k▼ -129% vs 2021
2023: €-5k▼ -246% vs 2022lowest in 5 years
2024: €6k▲ +209% vs 2023highest in 5 years
2025: €-780▼ -114% 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 turns negative in 2025: a loss of €780 after €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €90k
Equity
€85k ▼ 0.9%
Debt
€4k ▼ 27.4%
Debt's share of the balance-sheet total falls from 6.5% to 4.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-549▼
2024 · €7k
Cash flow
€-549▼
2024 · €6k
Current ratio
20.72▲
2024 · 15.42
Debt to equity
0.05▼
2024 · 0.07
ROE
-0.9%▼
2024 · 6.4%
ROA
-0.9%▼
2024 · 6.0%
Interest coverage
-4.95▼
2024 · 52.12
Debt ≤ 1 year
€4k▼
2024 · €6k
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€92k€90k▼
Fixed assets21/28€231-
Tangible fixed assets22/27€231-
Furniture and vehicles24€231-
Current assets29/58€92k€90k▼
Amounts receivable within one year40/41€13k€2k▼
Trade receivables40€13k€2k▼
Other amounts receivable41-€82
Cash at bank and in hand54/58€78k€88k▲
Deferred charges and accrued income490/1€47€36▼
Equity and liabilities
Total equity and liabilities10/49€92k€90k▼
Equity10/15€86k€85k▼
Contributions10/11€19k€19k=
Reserves13€13k€13k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€55k€54k▼
Amounts payable17/49€6k€4k▼
Amounts payable within one year42/48€6k€4k▼
Trade debts44€548€452▼
Suppliers440/4€548€452▼
Taxes, remuneration and social security45€2k€555▼
Taxes450/3€2k€555▼
Other amounts payable47/48€3k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€515€231▼
Other operating charges640/8€391€550▲
Gross operating margin9900€7k€1▼
Operating profit (loss)9901€6k€-780▼
Financial income75/76B€51€111▲
Recurring financial income75€51€111▲
Financial charges65/66B€128€111▼
Recurring financial charges65€128€111▼
Profit (loss) for the period before taxes9903€6k€-780▼
Income taxes67/77€555-
Profit (loss) for the period9904€6k€-780▼
Profit (loss) for the period to be appropriated9905€6k€-780▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€54k▼
Profit (loss) brought forward from the previous period14P€55k€55k=
Transfer to equity691/2€6k-
To other reserves6921€6k-
The notes to these accounts (8 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €515 | €515 | €515 | €515 | €231 | ▼ 55.2% |
| Other operating charges640/8 | €396 | €395 | €441 | €391 | €550 | ▲ 40.4% |
| Gross operating margin9900 | €9k | €-442 | €-4k | €7k | €1 | ▼ 100.0% |
| Operating profit (loss)9901 | €8k | €-1k | €-5k | €6k | €-780 | ▼ 113% |
| Financial income75/76B | €0 | - | - | €51 | €111 | ▲ 116% |
| Recurring financial income75 | €0 | - | - | €51 | €111 | ▲ 116% |
| Financial charges65/66B | €120 | €120 | €117 | €128 | €111 | ▼ 13.7% |
| Recurring financial charges65 | €120 | €120 | €117 | €128 | €111 | ▼ 13.7% |
| Profit (loss) for the period before taxes9903 | €8k | €-1k | €-5k | €6k | €-780 | ▼ 113% |
| Income taxes67/77 | €2k | - | - | €555 | - | - |
| Profit (loss) for the period9904 | €5k | €-1k | €-5k | €6k | €-780 | ▼ 114% |
| Profit (loss) for the period to be appropriated9905 | €5k | €-1k | €-5k | €6k | €-780 | ▼ 114% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €91k | €88k | €85k | €92k | €90k | ▼ 2.6% |
| Fixed assets21/28 | €2k | €1k | €746 | €231 | - | - |
| Tangible fixed assets22/27 | €2k | €1k | €746 | €231 | - | - |
| Furniture and vehicles24 | €2k | €1k | €746 | €231 | - | - |
| Current assets29/58 | €89k | €87k | €84k | €92k | €90k | ▼ 2.4% |
| Amounts receivable within one year40/41 | €5k | €6k | €6k | €13k | €2k | ▼ 86.6% |
| Trade receivables40 | €4k | €6k | €6k | €13k | €2k | ▼ 87.2% |
| Other amounts receivable41 | €108 | €108 | €83 | - | €82 | - |
| Cash at bank and in hand54/58 | €84k | €81k | €78k | €78k | €88k | ▲ 12.0% |
| Deferred charges and accrued income490/1 | €40 | €52 | €43 | €47 | €36 | ▼ 23.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €91k | €88k | €85k | €92k | €90k | ▼ 2.6% |
| Equity10/15 | €87k | €86k | €81k | €86k | €85k | ▼ 0.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €7k | €7k | €7k | €13k | €13k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €5k | €5k | €5k | €11k | €11k | = |
| Profit (loss) carried forward14 | €61k | €60k | €55k | €55k | €54k | ▼ 1.4% |
| Amounts payable17/49 | €4k | €3k | €4k | €6k | €4k | ▼ 27.4% |
| Amounts payable within one year42/48 | €4k | €3k | €4k | €6k | €4k | ▼ 27.4% |
| Trade debts44 | €372 | - | €1k | €548 | €452 | ▼ 17.6% |
| Suppliers440/4 | €372 | - | €1k | €548 | €452 | ▼ 17.6% |
| Taxes, remuneration and social security45 | €625 | €440 | €56 | €2k | €555 | ▼ 76.6% |
| Taxes450/3 | €625 | €440 | €56 | €2k | €555 | ▼ 76.6% |
| Other amounts payable47/48 | €3k | €2k | €3k | €3k | €3k | ▲ 9.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-1k | €-5k | €6k | €-780 | ▼ 114% |
| + Depreciation and write-downs630 | €515 | €515 | €515 | €515 | €231 | ▼ 55.2% |
| Operating cash flow (approximation) | €6k | €-957 | €-5k | €6k | €-549 | ▼ 109% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €-3k | €-3k | €587 | €9k | ▲ 1,497% |
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
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 6current ratio 24.68
Current ratio from 3.86 to 24.68; short-term debt falls from €26k to €3k.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €31k ▲25.6%
Operating result €44k, net result €31k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 2015
Ground area
933 m²
Building footprint
525 m²
Volume, LiDAR
13,120 m³
Parcel 21016B0412/00H002, Brussels · tallest building 28.8 m, ±8 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
Openchoice
since 20152.241.016.239
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0412/00H002 | Brussels | 933 m² | 1 · 525 m² | 28.8 m · 8 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 3,018 companies in sector 85592 we hold annual accounts for 987. 737 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 (pre-2019)
Founded24-03-2015
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.