ACTIVE

OpenWAY Europe

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Financial year 2025 · Closed on 31/12/2025

Net result628,4 k €-29,0 %over 1 year
Revenue29,6 M €+14,2 %over 1 year
Equity7,1 M €+9,7 %over 1 year
Workforce45,2 ETP+8,1 %over 1 year

Identity

Source · BCE/KBO

OpenWAY Europe is a Public limited company incorporated in 2001. Its main activity is: Computer programming activities. Its registered office is in Mont-Saint-Guibert. It employs on average 45,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0475.304.156
Incorporation
16/07/2001
Legal form
Public limited company
Registered office
Rue Emile Francqui 3
1435 Mont-Saint-Guibert · WallonieSee on map
Contributed capital
350 000,00 €
Latest accounts
31/12/2025
Average workforce
45,2 ETP
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue29,6 M €25,9 M €25 M €23,9 M €26,6 M €
EBITDA2 M €1,1 M €1,2 M €1,5 M €5,2 M €
Operating result1,6 M €630,2 k €865,5 k €1,2 M €5,1 M €
Net result628,4 k €884,8 k €518,4 k €937,4 k €4,3 M €
Balance sheet
Equity7,1 M €6,5 M €8 M €7,5 M €10,5 M €
Total assets22,2 M €19,2 M €18,8 M €27 M €23,1 M €
Cash9,3 M €6,7 M €7,6 M €16,6 M €16,3 M €
Debts10,9 M €8,5 M €6,2 M €14,7 M €8,7 M €
Other
Workforce45,2 ETP41,8 ETP40,2 ETP42,5 ETP42,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 42 ended

Active mandates

Agathi Michaelidou KENTONI

Director · since 04 mai 2022

Active
Rudy GUNAWAN

Director · since 04 mai 2022

Active
HI Consulting

Managing director · since 29 juillet 2019 · until 30 juin 2030 · 0729.657.457

Represented by SCHIEFFERMULLER Herwig

Active

Ended mandates

Michaelidou KENTONI AGATHI

Director · since 04 mai 2022

Ended
Andrey VERENINOV

Director · since 15 août 2019 · until 04 mai 2022

Ended
Andrey VERENINOV

Director · since 15 août 2019

Ended
Anton KORITOV

Director · since 15 août 2019 · until 04 mai 2022

Ended

Other companies at this address

Rue Emile Francqui 3 1435 Mont-Saint-Guibert
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0662.639.464
ELI LILLY EUROPEAN CLINICAL TRIAL SERVICES● Active
0888.210.786
EverFlourish Belgium● Active
1038.501.301
Metronom Health Europe● Bankrupt
0664.816.818

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202608/07/202503/07/202406/07/202315/12/202213/07/2021
General meeting30/06/202630/06/202528/06/202416/06/202330/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202601/07/2026FrenchPDF
Full model31/12/202430/06/202508/07/2025FrenchPDF
Full model31/12/202328/06/202403/07/2024FrenchPDF
Full model31/12/202216/06/202306/07/2023FrenchPDF
Full modelCorrection31/12/202130/06/202215/12/2022FrenchPDF
Full model31/12/202130/06/202220/07/2022FrenchPDF
Full model31/12/202018/06/202113/07/2021FrenchPDF
Full model31/12/201919/06/202025/06/2020FrenchPDF
Full model31/12/201821/06/201911/07/2019FrenchPDF
Full model31/12/201731/08/201831/08/2018FrenchPDF
Full model31/12/201630/06/201731/08/2017FrenchPDF
Full model31/12/201528/06/201625/07/2016FrenchPDF
Full model31/12/201419/06/201505/08/2015FrenchPDF
Full model31/12/201320/06/201410/07/2014FrenchPDF
Full model31/12/201221/06/201327/06/2013FrenchPDF
Full model31/12/201115/06/201220/07/2012FrenchPDF
Full model31/12/201017/06/201131/08/2011FrenchPDF
Full model31/12/200918/06/201028/07/2010FrenchPDF
Full model31/12/200819/06/200931/08/2009FrenchPDF
Full model31/12/200720/06/200825/08/2008FrenchPDF
Full model31/12/200615/06/200708/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 42 ended

Active mandates

Agathi Michaelidou KENTONI

Director · since 04 mai 2022

Active
Rudy GUNAWAN

Director · since 04 mai 2022

Active
HI Consulting

Managing director · since 29 juillet 2019 · until 30 juin 2030 · 0729.657.457

Represented by SCHIEFFERMULLER Herwig

Active

Ended mandates

Michaelidou KENTONI AGATHI

Director · since 04 mai 2022

Ended
Andrey VERENINOV

Director · since 15 août 2019 · until 04 mai 2022

Ended
Andrey VERENINOV

Director · since 15 août 2019

Ended
Anton KORITOV

Director · since 15 août 2019 · until 04 mai 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other21/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - ASSEMBLEE GENERALE
    PDF
  • Mandates30/05/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/04/2021
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025628,4 k €↓
  2. 2024
    Annual accounts 2024884,8 k €↑
  3. 2023
    Annual accounts 2023518,4 k €↓
  4. 2022
    Annual accounts 2022937,4 k €↓
  5. 2021
    Annual accounts 20214,3 M €↑
  6. 2020
    Annual accounts 20202,5 M €↑
  7. 2019
    Annual accounts 2019858,3 k €↑
  8. 2018
    Annual accounts 2018438,4 k €↑
  9. 2017
    Annual accounts 201786,8 k €↓
  10. 2016
    Annual accounts 2016317,7 k €↓
  11. 2015
    Annual accounts 20151,2 M €↑
  12. 2014
    Annual accounts 201486,1 k €↑
  13. 2013
    Annual accounts 201380,4 k €↑
  14. 2012
    Annual accounts 201271,5 k €↓
  15. 2011
    Annual accounts 2011272,7 k €↓
  16. 2010
    Annual accounts 2010352,7 k €↑
  17. 2009
    Annual accounts 2009-730,5 k €↓
  18. 2009
    Name changeOPENWAY EUROPE SA
  19. 2008
    Annual accounts 2008282,3 k €↑
  20. 2007
    Annual accounts 2007-66,4 k €↓
  21. 2006
    Annual accounts 200627,6 k €
  22. 2006
    Name changeOPENWAY BELGIUM
  23. 16/07/2001
    IncorporationPublic limited company