ACTIVE

OPEN DATABASE ASSOCIATES

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Financial year 2025 · closed on 31/12/2025
Net result
44,4 k €
-8.1% YoY
Gross margin
70,3 k €
+5.6% YoY
Equity
286,4 k €
-0.4% YoY

What does OPEN DATABASE ASSOCIATES do?

OPEN DATABASE ASSOCIATES is a Private limited company incorporated in 2003. Its main activity is: Computer consultancy activities. Its registered office is in Machelen (Brab.).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0480.207.210
Incorporation
12/05/2003
Legal form
Private limited company
Registered office
Lambroekstraat 5 box A
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities72100Research and experimental development on natural sciences and engineering62010Computer programming activities62100Computer programming, consultancy and related activities63100Data processing, hosting and related activities; web portals+3
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220182015201420132012201120102009200820072006
Income statement
Gross margin70,3 k €66,5 k €82,8 k €104,8 k €87,6 k €60,6 k €45,9 k €80,6 k €85,4 k €-51,5 k €-44,9 k €24,7 k €41,7 k €48,6 k €49,8 k €
EBITDA69,6 k €66 k €82 k €104,3 k €86,8 k €59,9 k €45,3 k €80,1 k €84,8 k €-52 k €-47,1 k €24 k €41,1 k €48 k €49,1 k €
Operating result67,4 k €63,4 k €75,2 k €98,5 k €82,3 k €55,4 k €43,7 k €79,3 k €84,3 k €-52,2 k €-48,3 k €20,9 k €38 k €45,8 k €47 k €
Net result44,4 k €48,3 k €54 k €72 k €59,6 k €46,3 k €39,2 k €64,3 k €88,4 k €-53,2 k €-46,2 k €15,1 k €25,3 k €33,3 k €34,1 k €
Balance sheet
Equity286,4 k €287,5 k €310,6 k €256,7 k €259,8 k €147,9 k €121,6 k €102,4 k €58,1 k €-30,4 k €22,8 k €69 k €71,9 k €104,6 k €70,3 k €
Total assets310,8 k €307,4 k €330,6 k €294,6 k €278 k €174,9 k €151,2 k €130 k €62,5 k €17,3 k €55,1 k €100,1 k €110,9 k €131,1 k €111,3 k €
Cash158,6 k €252,9 k €238 k €228,9 k €149,7 k €109 k €114,5 k €91,2 k €54,5 k €12,1 k €30,6 k €48,3 k €67,5 k €19,9 k €77 k €
Debts23,9 k €19,9 k €20 k €38 k €18,2 k €27 k €29,5 k €27,7 k €4,4 k €47,7 k €32,4 k €31,1 k €39 k €26,5 k €41 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Atsushi Saijo

Director · since 20 mai 2003

Active

Ended mandates

Atsushi SAIJO

Manager

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date11/05/202627/06/202514/06/202412/06/202308/03/202214/07/2021
General meeting05/05/202610/06/202531/05/202402/05/202328/02/202209/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202505/05/202611/05/2026DutchPDF
Micro model31/12/202410/06/202527/06/2025DutchPDF
Micro model31/12/202331/05/202414/06/2024DutchPDF
Micro model31/12/202202/05/202312/06/2023DutchPDF
Micro model31/12/202128/02/202208/03/2022DutchPDF
Micro model31/12/202009/07/202114/07/2021DutchPDF
Micro model31/12/201931/08/202014/09/2020DutchPDF
Micro model31/12/201807/05/201925/07/2019DutchPDF
Micro model31/12/201702/05/201828/08/2018DutchPDF
Micro model31/12/201602/05/201724/08/2017DutchPDF
Abridged model31/12/201504/05/201619/07/2016DutchPDF
Abridged model31/12/201405/05/201503/08/2015DutchPDF
Abridged model31/12/201306/05/201410/07/2014DutchPDF
Abridged model31/12/201204/05/201322/07/2013DutchPDF
Abridged model31/12/201108/05/201227/08/2012DutchPDF
Abridged model31/12/201003/05/201108/08/2011DutchPDF
Abridged model31/12/200904/05/201023/07/2010DutchPDF
Abridged model31/12/200805/05/200903/08/2009DutchPDF
Abridged model31/12/200706/05/200829/07/2008DutchPDF
Abridged model31/12/200602/05/200724/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

Atsushi Saijo

Director · since 20 mai 2003

Active

Ended mandates

Atsushi SAIJO

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/11/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/05/2004
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/05/2003
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202544,4 k €↓
  2. 2024
    Annual accounts 202448,3 k €↓
  3. 2023
    Annual accounts 202354 k €↓
  4. 2022
    Annual accounts 202272 k €↑
  5. 2018
    Annual accounts 201859,6 k €↑
  6. 2015
    Annual accounts 201546,3 k €↑
  7. 2014
    Annual accounts 201439,2 k €↓
  8. 2013
    Annual accounts 201364,3 k €↓
  9. 2012
    Annual accounts 201288,4 k €↑
  10. 2011
    Annual accounts 2011-53,2 k €↓
  11. 2010
    Annual accounts 2010-46,2 k €↓
  12. 2009
    Annual accounts 200915,1 k €↓
  13. 2008
    Annual accounts 200825,3 k €↓
  14. 2007
    Annual accounts 200733,3 k €↓
  15. 2006
    Annual accounts 200634,1 k €
  16. 12/05/2003
    IncorporationPrivate limited company