OPENLAB
ActiveSummary
OPENLAB has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €522k and a net result of €125k. Equity is growing by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
98
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 15.69 against 9.17 in 2024; short-term debt: 6.3% and cash: 80.3% of total assets), and 6.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
93.7%
Return on assets
22.5%
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 · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
37 d early
2023
35 d early
2022
39 d early
2021
53 d early
2020
71 d early
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€522k▲ 31.6%
2024 · €397k
2018: €82k
2019: €82k
2020: €114k
2021: €156k
2022: €202k
2023: €269k
2024: €397k
2018 → 2025
Total assets
€557k▲ 25.3%
2024 · €444k
2018: €130k
2019: €121k
2020: €139k
2021: €216k
2022: €245k
2023: €326k
2024: €444k
2018 → 2025
Net result
€125k▼ 2.0%
2024 · €128k
2018: €36k
2019: €38k
2020: €39k
2021: €72k
2022: €68k
2023: €88k
2024: €128k
2018 → 2025
Working capital
€515k▲ 31.6%
2024 · €391k
2018: €76k
2019: €74k
2020: €105k
2021: €146k
2022: €196k
2023: €261k
2024: €391k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€156k-€202k▲ 29.0%€269k▲ 33.1%€397k▲ 47.6%€522k▲ 31.6%
Operating result€101k-€94k▼ 7.1%€124k▲ 32.0%€181k▲ 46.0%€170k▼ 5.8%
Net result€72k-€68k▼ 5.8%€88k▲ 29.7%€128k▲ 45.3%€125k▼ 2.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €557k
Fixed assets
€7k ▲ 29.4%
Current assets
€550k ▲ 25.3%
Equity and liabilities €557k
Equity
€522k ▲ 31.6%
Debt
€35k ▼ 26.8%
Debt's share of the balance-sheet total falls from 10.8% to 6.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€173k▼
2024 · €185k
Cash flow
€128k▼
2024 · €132k
Current ratio
15.69▲
2024 · 9.17
Debt to equity
0.07▼
2024 · 0.12
ROE
24.0%▼
2024 · 32.3%
ROA
22.5%▼
2024 · 28.8%
Interest coverage
877.17▲
2024 · 801.46
Debt ≤ 1 year
€35k▼
2024 · €48k
Income taxes
€53k▼
2024 · €54k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€444k€557k▲
Fixed assets21/28€5k€7k▲
Tangible fixed assets22/27€5k€4k▼
Furniture and vehicles24€5k€4k▼
Financial fixed assets28€500€3k▲
Current assets29/58€439k€550k▲
Amounts receivable within one year40/41€39k€101k▲
Trade receivables40€39k€39k▲
Other amounts receivable41-€61k
Cash at bank and in hand54/58€399k€447k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€444k€557k▲
Equity10/15€397k€522k▲
Reserves13€397k€522k▲
Distributable reserves133€397k€522k▲
Amounts payable17/49€48k€35k▼
Amounts payable within one year42/48€48k€35k▼
Trade debts44€237€12▼
Suppliers440/4€237€12▼
Taxes, remuneration and social security45€34k€35k▲
Taxes450/3€34k€35k▲
Other amounts payable47/48€14k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€513€400▼
Gross operating margin9900€185k€174k▼
Operating profit (loss)9901€181k€170k▼
Financial income75/76B€901€8k▲
Recurring financial income75€901€8k▲
Financial charges65/66B€231€198▼
Recurring financial charges65€231€198▼
Profit (loss) for the period before taxes9903€182k€178k▼
Income taxes67/77€54k€53k▼
Profit (loss) for the period9904€128k€125k▼
Profit (loss) for the period to be appropriated9905€128k€125k▼
Appropriation of the result
Profit (loss) to be appropriated9906€128k€125k▼
Transfer to equity691/2€128k€125k▼
To other reserves6921€128k€125k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Equity above €500kEq €522k ▲31.6%
8 profitable years in a row build equity to €522k.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €128k ▲45.3%
Operating result €181k, net result €128k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €202k ▲29%
5 profitable years in a row build equity to €202k.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €156k ▲37.5%
4 profitable years in a row build equity to €156k.
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €114k ▲38.7%
3 profitable years in a row build equity to €114k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
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.
Directors · office · real estate
Directors
4 acts for this company are 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, Brugge · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Damse Vaart-Zuid 688310 BruggeGround area
278 m²
Building footprint
95 m²
Volume, LiDAR
657 m³
Parcel 31029C0497/00P004, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Openlab
since 20112.196.625.574
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31029C0497/00P004 | Flanders | 278 m² | 1 · 95 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Indumed
BE 0812.402.615
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ATLANTIC BALLOONING
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Cloubis
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 11,785 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.