NORMAL SITUATION

Open Security Consultancy

Financial year 2025 · closed on 23/12/2025
Net result
6,8 k €
-83.4% YoY
Gross margin
19,7 k €
-76.1% YoY
Equity
18,6 k €
-79.4% YoY

Company — Normal situation.

What does Open Security Consultancy do?

Open Security Consultancy is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0502.519.188
Legal form
Private limited company
Contributed capital
18 600,00 €
Latest accounts
23/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin19,7 k €82,6 k €41,2 k €12,4 k €48,1 k €39,6 k €42,6 k €56,1 k €95,3 k €71,8 k €55,7 k €74,3 k €59,9 k €
EBITDA9,8 k €81,6 k €40,2 k €10,6 k €46 k €39 k €42 k €55,5 k €93 k €68,9 k €55,1 k €73,1 k €57 k €
Operating result9,8 k €60,7 k €18,4 k €-13,4 k €23,7 k €21,2 k €26,1 k €44,2 k €82 k €57,9 k €49,3 k €67,1 k €51,5 k €
Net result6,8 k €41,3 k €11,2 k €-15 k €16,3 k €13,5 k €16,9 k €30,2 k €46,2 k €37,9 k €27,6 k €41,8 k €34,9 k €
Balance sheet
Equity18,6 k €90,4 k €49,1 k €116,1 k €131,2 k €213,4 k €199,9 k €224,8 k €194,6 k €148,4 k €110,5 k €82,8 k €41,1 k €
Total assets112,1 k €110,6 k €163 k €161,5 k €291,2 k €229,6 k €249,7 k €258,3 k €246 k €196,8 k €117,4 k €99,6 k €61,9 k €
Cash111,2 k €44,5 k €117,2 k €93,8 k €206,6 k €188,5 k €214,5 k €218,1 k €185,7 k €133,9 k €82,1 k €85,4 k €25,8 k €
Debts93,5 k €20,3 k €113,9 k €45,4 k €160 k €16,1 k €49,8 k €33,6 k €51,3 k €48,4 k €6,9 k €16,8 k €20,8 k €
Governance

Board of directors

Seen on filing of 23/12/2025 · 1 active · 1 ended

Active mandates

Stephan Van Hauwe

Director

Active

Ended mandates

Stephan VAN HAUWE

Manager

Ended
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 year23/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/01/202610/06/202503/06/202406/06/202320/05/202231/05/2021
General meeting15/05/202515/05/202415/05/202316/05/202215/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model23/12/202529/01/2026DutchPDF
Micro model31/12/202415/05/202510/06/2025DutchPDF
Micro model31/12/202315/05/202403/06/2024DutchPDF
Micro model31/12/202215/05/202306/06/2023DutchPDF
Micro model31/12/202116/05/202220/05/2022DutchPDF
Micro model31/12/202015/05/202131/05/2021DutchPDF
Micro model31/12/201915/05/202019/05/2020DutchPDF
Micro model31/12/201815/05/201924/09/2019DutchPDF
Micro model31/12/201715/05/201828/06/2018DutchPDF
Micro model31/12/201620/05/201728/06/2017DutchPDF
Abridged model31/12/201515/05/201630/06/2016DutchPDF
Abridged model31/12/201415/05/201502/07/2015DutchPDF
Abridged model31/12/201315/05/201429/07/2014DutchPDF
Estimate

Indicative valuation

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 23/12/2025 · 1 active · 1 ended

Active mandates

Stephan Van Hauwe

Director

Active

Ended mandates

Stephan VAN HAUWE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution05/01/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, 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 20256,8 k €
  2. 2025
    Name changeOpen Security Consultancy in vereffening
  3. 2024
    Annual accounts 202441,3 k €
  4. 2023
    Annual accounts 202311,2 k €
  5. 2022
    Annual accounts 2022-15 k €
  6. 2021
    Annual accounts 202116,3 k €
  7. 2021
    Name changeOpen Security Consultancy
  8. 2020
    Annual accounts 202013,5 k €
  9. 2019
    Annual accounts 201916,9 k €
  10. 2018
    Annual accounts 201830,2 k €
  11. 2017
    Annual accounts 201746,2 k €
  12. 2016
    Annual accounts 201637,9 k €
  13. 2015
    Annual accounts 201527,6 k €
  14. 2014
    Annual accounts 201441,8 k €
  15. 2013
    Annual accounts 201334,9 k €