Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Openluchtklassen is < 0.1% (very low). The 2023 annual accounts show equity of €803k and a net result of €4k. Equity is shrinking by ~16.4% per year across the filed fiscal years. The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 6 annual accounts.
Trust signals
2 signalsLong-established
Founded in 1982, 44 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone< 0.1%
Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form
−Lower-failure-rate sector
−Higher-failure-rate region
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€5.74M+18.4%
EBIT margin0.2%+1.1pp
Net result€4k
Working capital€1.01M-5.4%
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 19-01-2026 with the NBB · fiscal year 2025 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~16.4%/year over 6 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€5.74M
+18.4%
far above sector median
€12k
-
+63% vs sector
€4k
-
-37% vs sector
€6k
-
-23% vs sector
€3.12M
-11.4%
far above sector median
€803k
+0.4%
far above sector median
€1.01M
-5.4%
far above sector median
3
-19.4%
-64% vs sector
€277k
+0.4%
+23% vs sector
€2.12M
-13.0%
far above sector median
€2.10M
-14.0%
far above sector median
1.48
+3.0%
-38% vs sector
1.48
+3.1%
-38% vs sector
25.8%
+13.4%
-14% vs sector
2.64
-13.3%
+39% vs sector
0.4%
-
-96% vs sector
0.1%
-
-97% vs sector
0.1%
-
-99% vs sector
0.2%
-
-99% vs sector
1.86
-
-96% vs sector
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | €5.74M |
| EBITDA | €12k |
| Net profit | €4k |
| Cash flow | €6k |
| Staff costs | €277k |
| Income taxes | - |
| Dividends | - |
| Total assets | €3.12M |
| Equity | €803k |
| Debt | €2.12M |
| of which ≤ 1y | €2.10M |
| of which > 1y | - |
| Working capital | €1.01M |
| Employees (FTE) | 2.5 |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 1.48 |
| Quick ratio | 1.48 |
| Working capital ratio | 32.5% |
| Solvency | 25.8% |
| Debt / equity | 2.64 |
| Long-term debt ratio | - |
| Interest coverage | 1.86 |
| Gross margin | 3.6% |
| Net margin | 0.1% |
| ROA | 0.1% |
| ROE | 0.4% |
| EBITDA margin | 0.2% |
| Days sales outstanding | 6d |
| Days payable outstanding | 1d |
| Inventory turnover | 1086.66 |
| Days inventory (DSI) | 0d |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.12M |
| Fixed assets | 21/28 | €8k |
| Intangible fixed assets | 21 | €7k |
| Tangible fixed assets | 22/27 | €2k |
| Current assets | 29/58 | €3.11M |
| Stocks & contracts in progress | 3 | €5k |
| Amounts receivable within one year | 40/41 | €87k |
| Investments | 50/53 | €2.31M |
| Cash & bank | 54/58 | €550k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.12M |
| Equity | 10/15 | €803k |
| Contributions / capital | 10/11 | €1.15M |
| Accumulated profits (losses) | 14 | €-342k |
| Provisions & deferred taxes | 16 | €193k |
| Amounts payable | 17/49 | €2.12M |
| Amounts payable within one year | 42/48 | €2.10M |
| Trade debts payable within one year | 44 | €14k |
| Income statement | ||
| Turnover | 70 | €5.74M |
| Gross operating margin | 9900 | €206k |
| Operating result | 9901 | €10k |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €4k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed76
/ 100
Excellent
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
under verificationDirectors derived from a single State Gazette act, under verification
All 8 current directors first appear in the same act (25001965). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
-
Current22-10-2024 → present
-
Current22-10-2024 → present
-
Current22-10-2024 → present
-
Current29-01-2021 → present
2 events
- 22-10-2024 Mandate renewed· Director
- 29-01-2021 Mandate renewed· Director
-
Current29-01-2021 → present
2 events
- 22-10-2024 Mandate renewed· Director
- 29-01-2021 Mandate renewed· Director
-
Current29-01-2021 → present
2 events
- 22-10-2024 Mandate renewed· Director
- 29-01-2021 Mandate renewed· Director
-
Current30-01-2017 → present
3 events
- 22-10-2024 Mandate renewed· Director
- 29-01-2021 Mandate renewed· Director
- 30-01-2017 Appointed· Director
-
Current03-02-2015 → present
3 events
- 22-10-2024 Mandate renewed· Director
- 29-01-2021 Mandate renewed· Director
- 03-02-2015 Appointed· Director
Former directors (6)
-
Former29-01-2021 → 22-10-2024
2 events
- 22-10-2024 Resigned· Director
- 29-01-2021 Mandate renewed· Director
-
Former30-01-2017 → 22-10-2024
3 events
- 22-10-2024 Resigned· Director
- 29-01-2021 Mandate renewed· Director
- 30-01-2017 Appointed· Director
-
Former- → 30-01-2017
-
Former03-02-2015 → 30-01-2017
2 events
- 30-01-2017 Resigned· Director
- 03-02-2015 Appointed· Director
-
Former- → 30-01-2017
-
Former- → 03-02-2015
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
1 auditor| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Vyvey & Co, BedrijfsrevisorenCurrent Statutory auditor · represented by Evy Neyens |
- | 06-01-2025 → present |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Overige verenigingen, neg(94999) |
| Legal form | Non-profit association(017) |
| Incorporation | 27-05-1982 |
| Status | Active |
| Postal code | 1040 |
Structure & network
Connections & network
6 connected companiesLinked via shared directors
viaJozef COPPENS · Director
former→
viaJozef COPPENS · Director
former→
viaJozef COPPENS · Managing director
former→
viaJozef COPPENS · Director
former→
viaJozef COPPENS · Director
former→
Network connections
Shared director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Establishment units
1 locationOpenluchtklassen
since 20062.150.882.453
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,332 m²
Buildings1
Building footprint740 m²
Volume (LiDAR)15,482 m³
Tallest building32.7 m · ±9 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0336/00R000 | Brussels | 1,332 m² | 1 · 740 m² | 32.7 m · 9 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
5 acts All acts · 5
updated 5 months ago
2026
25-02-2026 1 director appointed, 1 resigning
- Franciska Wildenboer, Bestuurder
- Kim Bogaerts, Bestuurder
2025
06-01-2025 4 directors appointed, 2 resigning, 5 reappointed
- Kim Bogaerts, Bestuurder
- Bruno Vanobbergen, Bestuurder
- Tom Vermeulen, Bestuurder
- Evy Neyens, Commissaris
- Beatrijs Pletinck, Bestuurder
- Jan Luyten, Bestuurder
- Marianne Coopman, Bestuurder
- Jozef Coppens, Bestuurder
Summary:
v3.2
2021
29-01-2021 Articles of association amended
Summary:
v3.2
2017
30-01-2017 2 directors appointed, 3 resigning
- Daniël Huijsmans, Bestuurder
- Jan Luyten, Bestuurder
- Richard Timmerman, Bestuurder
- Gys Michael, Bestuurder
- Van Herbruggen Wilfried, Bestuurder
Summary:
v3.2
2015
03-02-2015 2 directors appointed, 1 resigning
- Lieven Boeve, Bestuurder
- Richard Timmerman, Bestuurder
- Maria Van Hecke, Bestuurder
Summary:
v3.2
Analysis
Snowflake analysis
financial profile on 5 axes58
/ 100
Mixed profile: strong on stability, weaker on profitability.
Health
76
Profitability
9
Solvency
52
Growth
54
Stability
100
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verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Overige verenigingen, n.e.g.91330Overige verenigingen, n.e.g.94999Overige verenigingen, neg94999
Primary activity highlighted.
Names & trade names
| Legal nameNL | Openluchtklassen |
Registered office
Guimardstraat 1
1040 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.