ACTIVE

OBJECT SOLUTION

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Financial year 2025 · closed on 31/12/2025

Net result

70,3 k €

+274.2% YoY

Gross margin

122,8 k €

+95.1% YoY

Equity

631,3 k €

+12.5% YoY

What does OBJECT SOLUTION do?

OBJECT SOLUTION is a Private limited company incorporated in 1994. Its main activity is: Data processing, hosting and related activities; web portals. Its registered office is in Etterbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.175.783

Incorporation

05/08/1994

Legal form

Private limited company

Registered office

Chaussée Saint-Pierre 387
1040 Etterbeek · BruxellesSee on map

Contributed capital

66 197,33 €

Latest accounts

31/12/2025

Activities (NACE)

63100Data processing, hosting and related activities; web portals· main 63110Data processing, hosting and related activities 72300Scientific research and development

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	122,8 k €	+95.1%	62,9 k €	-17.0%	75,8 k €	-56.7%	175,0 k €	+30.6%	134,0 k €	-6.7%	143,7 k €	+2.1%	140,7 k €	+13.0%	124,6 k €	+21.1%	102,9 k €	-15.7%	122,0 k €	-7.6%	132,1 k €	+52.6%	86,6 k €	-20.1%	108,3 k €	+2.1%	106,1 k €	+19.1%	89,1 k €	+8.7%	82,0 k €	+54.1%	53,2 k €	+25.4%	42,4 k €	+0.7%	42,1 k €	+143%	17,4 k €
EBITDA	120,1 k €	+99.3%	60,3 k €	-18.1%	73,6 k €	-57.4%	172,7 k €	+31.2%	131,6 k €	-7.2%	141,8 k €	+2.4%	138,4 k €	+12.9%	122,5 k €	+21.3%	101,0 k €	-15.8%	120,0 k €	-7.0%	129,1 k €	+51.9%	85,0 k €	-20.4%	106,8 k €	+2.7%	104,0 k €	+19.0%	87,4 k €	+8.6%	80,5 k €	+55.6%	51,7 k €	+24.2%	41,7 k €	+0.8%	41,3 k €	+153%	16,3 k €
Operating result	97,7 k €	+163%	37,2 k €	-25.9%	50,2 k €	-66.4%	149,3 k €	+38.0%	108,2 k €	-8.9%	118,8 k €	+9.5%	108,5 k €	+22.5%	88,5 k €	+32.5%	66,8 k €	-21.9%	85,6 k €	-9.2%	94,2 k €	+81.7%	51,9 k €	-29.6%	73,7 k €	+3.5%	71,2 k €	+17.6%	60,5 k €	+12.9%	53,6 k €	+203%	17,7 k €	-33.9%	26,7 k €	-10.9%	30,0 k €	+498%	5,0 k €
Net result	70,3 k €	+274%	18,8 k €	+80.1%	10,4 k €	-90.9%	114,6 k €	+63.3%	70,2 k €	-0.7%	70,7 k €	+2.7%	68,8 k €	+52.0%	45,3 k €	+211%	14,6 k €	-77.2%	64,1 k €	+2.8%	62,3 k €	+57.2%	39,6 k €	+62.2%	24,4 k €	-25.9%	33,0 k €	-30.4%	47,4 k €	+25.6%	37,7 k €	+535%	5,9 k €	-71.7%	21,0 k €	-27.6%	29,0 k €	+6.2%	27,3 k €
Balance sheet
Equity	631,3 k €	+12.5%	561,0 k €	-4.9%	590,2 k €	+1.8%	579,8 k €	+20.8%	480,1 k €	-13.9%	557,9 k €	+14.5%	487,3 k €	+16.4%	418,4 k €	+12.1%	373,2 k €	-37.7%	598,6 k €	+4.4%	573,6 k €	+12.2%	511,2 k €	+8.4%	471,6 k €	-1.9%	480,5 k €	+0.2%	479,5 k €	+11.0%	432,1 k €	+9.6%	394,4 k €	+1.5%	388,5 k €	+5.7%	367,5 k €	+8.6%	338,5 k €
Total assets	849,0 k €	+9.7%	773,9 k €	+1.9%	759,4 k €	+0.2%	758,1 k €	+10.0%	689,4 k €	-32.6%	1,0 M €	+8.4%	943,5 k €	+7.6%	876,9 k €	+6.3%	825,1 k €	+1.3%	814,8 k €	+6.5%	765,3 k €	+8.9%	702,9 k €	+4.6%	672,0 k €	-5.1%	708,2 k €	+4.4%	678,1 k €	+4.9%	646,2 k €	+1.8%	635,0 k €	-0.9%	641,1 k €	+31.6%	487,0 k €	+14.1%	426,6 k €
Cash	119,1 k €	+231%	36,0 k €	-24.8%	47,9 k €	-54.6%	105,4 k €	+81.4%	58,1 k €	-92.6%	788,0 k €	+17.4%	671,1 k €	+13.4%	591,6 k €	+17.8%	502,3 k €	+17.7%	426,6 k €	+19.2%	357,8 k €	+21.8%	293,7 k €	+27.0%	231,2 k €	+7.4%	215,4 k €	+34.6%	160,1 k €	+61.9%	98,9 k €	+28.8%	76,8 k €	-14.5%	89,8 k €	-74.4%	351,2 k €	+40.9%	249,2 k €
Debts	217,6 k €	+2.2%	212,9 k €	+25.8%	169,2 k €	-5.1%	178,3 k €	-14.8%	209,2 k €	-54.9%	464,4 k €	+1.8%	456,2 k €	-0.2%	457,2 k €	+1.7%	449,5 k €	+111%	212,5 k €	+13.7%	186,9 k €	-2.5%	191,7 k €	-4.3%	200,4 k €	-12.0%	227,7 k €	+14.7%	198,6 k €	-7.2%	214,1 k €	-11.0%	240,6 k €	-4.8%	252,6 k €	+111%	119,5 k €	+35.6%	88,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Francis VANDER GHINST

Director

Active

Ended mandates

Francis VANDER GHINST

Manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/08/2026	27/08/2025	27/08/2024	31/08/2023	29/08/2022	31/08/2021
General meeting	21/05/2026	15/05/2025	16/05/2024	19/05/2023	19/05/2022	20/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	21/05/2026	24/08/2026	French	PDF
Micro model	31/12/2024	15/05/2025	27/08/2025	French	PDF
Micro model	31/12/2023	16/05/2024	27/08/2024	French	PDF
Micro model	31/12/2022	19/05/2023	31/08/2023	French	PDF
Micro model	31/12/2021	19/05/2022	29/08/2022	French	PDF
Micro model	31/12/2020	20/05/2021	31/08/2021	French	PDF
Micro model	31/12/2019	21/05/2020	19/10/2020	French	PDF
Micro model	31/12/2018	16/05/2019	30/08/2019	French	PDF
Micro model	31/12/2017	17/05/2018	11/06/2018	French	PDF
Micro model	31/12/2016	18/05/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	19/05/2016	30/09/2016	French	PDF
Abridged model	31/12/2014	21/05/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	15/05/2014	30/08/2014	French	PDF
Abridged model	31/12/2012	16/05/2013	30/09/2013	French	PDF
Abridged model	31/12/2011	17/05/2012	28/09/2012	French	PDF
Abridged modelCorrection	31/12/2010	19/05/2011	27/09/2011	French	PDF
Abridged model	31/12/2010	19/05/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	20/05/2010	29/11/2010	French	PDF
Abridged model	31/12/2008	21/05/2009	24/09/2009	French	PDF
Abridged model	31/12/2007	15/05/2008	20/08/2008	French	PDF
Abridged model	31/12/2006	17/05/2007	04/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Francis VANDER GHINST

Director

Active

Ended mandates

Francis VANDER GHINST

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/01/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Capital / shares25/01/2018
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Capital / shares23/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares03/10/2008
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202570,3 k €↑
2024
Annual accounts 202418,8 k €↑
2023
Annual accounts 202310,4 k €↓
2022
Annual accounts 2022114,6 k €↑
2021
Annual accounts 202170,2 k €↓
2020
Annual accounts 202070,7 k €↑
2019
Annual accounts 201968,8 k €↑
2018
Annual accounts 201845,3 k €↑
2017
Annual accounts 201714,6 k €↓
2016
Annual accounts 201664,1 k €↑
2015
Annual accounts 201562,3 k €↑
2014
Annual accounts 201439,6 k €↑
2013
Annual accounts 201324,4 k €↓
2012
Annual accounts 201233,0 k €↓
2011
Annual accounts 201147,4 k €↑
2010
Annual accounts 201037,7 k €↑
2009
Annual accounts 20095,9 k €↓
2008
Annual accounts 200821,0 k €↓
2007
Annual accounts 200729,0 k €↑
2006
Annual accounts 200627,3 k €
05/08/1994
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

OBJECT SOLUTION

Overview

What does OBJECT SOLUTION do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline