ACTIVE

EUROPEAN CYBER SECURITY ORGANISATION

Financial year 2025 · Closed on 31/12/2025

Net result-79 k €-220,9 %over 1 year
Gross margin1,5 M €-1,8 %over 1 year
Equity384,7 k €-17,0 %over 1 year
Workforce19,1 ETP+9,1 %over 1 year

Identity

Source · BCE/KBO

EUROPEAN CYBER SECURITY ORGANISATION is a Non-profit organization incorporated in 2016. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Bruxelles. It employs on average 19,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0656.734.936
Incorporation
17/06/2016
Legal form
Non-profit organization
Registered office
Avenue des Arts 46
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
19,1 ETP
Joint committees (1)
  • 337
Signals
Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20252024202320222021
Income statement
Gross margin1,5 M €1,5 M €1,3 M €918,4 k €761,2 k €
EBITDA-81,5 k €21,5 k €146,4 k €85 k €141,6 k €
Operating result-68,4 k €65,8 k €76,1 k €37,8 k €102,6 k €
Net result-79 k €65,3 k €74,1 k €2,5 k €94,2 k €
Balance sheet
Equity384,7 k €463,7 k €398,4 k €324,3 k €321,8 k €
Total assets1,2 M €2,7 M €3,1 M €940,5 k €779,8 k €
Cash414 k €661,8 k €111,3 k €457,9 k €476,1 k €
Debts739,4 k €2,2 M €1,3 M €599,7 k €458 k €
Other
Workforce19,1 ETP17,5 ETP14,9 ETP11,2 ETP9,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

36 active · 196 ended

Active mandates

ACN - Alliance pour la confiance numérique

Vice-chairman of the board of directors · since 25 juin 2025 · until 30 juin 2028

Represented by Arnaud DECHOUX

Active
AIRBUS Defence & Space - CyberSecurity

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Thierry RACAUD

Active
ATOS Spain S.A.

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Gunter KOINEGG

Active
CESIN

Director · since 25 juin 2025 · until 30 juin 2028

Represented by VAN CAENEGHEM Frank

Active
CNR - Consiglio Nazionale delle Ricerche

Vice-chairman of the board of directors · since 25 juin 2025 · until 30 juin 2028

Represented by Fabio MARTINELLI

Active
CYBER LUR.

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Xabier MIXELENA

Active
CYBER SECURITY COMPETENCE and CERTIFICATION CENTRE

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Marek Zeman

Active
CYBERZAINTZA

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Javier DIEGUES

Active
Dr August Oetker

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Matthias MUHLERT

Active
GUF - Johann Wolfgang Goethe - Universität Frankfurt am Main

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Kai RANNENBERG

Active
INTESA SAN PAOLO

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Giorgio CUSMA LORENZO

Active
Ministry of Digital Affairs

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Michal PUKALUK

Active
Nexova Cyber

Director · since 25 juin 2025 · until 30 juin 2028 · 0771.883.141

Represented by BOSCO Michel

Active
ROMANIAN NATIONAL CYBER SECURITY DIRECTORATE

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Dan CIMPEAN

Active
S2 GRUPO

Vice-chairman of the board of directors · since 25 juin 2025 · until 30 juin 2028

Represented by JUAN BELLO Miguel Angel

Active
THALES Communications & Security SAS

Vice-chairman of the board of directors · since 25 juin 2025 · until 30 juin 2028

Represented by Alexis CAURETTE

Active
WITHSECURE

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Tina Sarhimaa

Active
ACN- Agenzia per la Cybersicurezza Nazionale

Director · since 12 juin 2024 · until 30 juin 2027

Represented by Luca NICOLETTI

Active
CONNECT EUROPE

Director · since 12 juin 2024 · until 30 juin 2027 · 0448.199.881

Represented by Paolo GRASSIA

Active
CYEX KFT

Director · since 12 juin 2024 · until 30 juin 2026

Represented by Anett MADI-NATOR

Active
ESET

Director · since 12 juin 2024 · until 30 juin 2027

Represented by Andy GARTH

Active
European DIGITAL SME Alliance

Director · since 12 juin 2024 · until 30 juin 2027 · 0899.786.252

Represented by Sebastiano TOFFALETTI

Active
SGS ESPANOLA DE CONTROL SA

Director · since 12 juin 2024 · until 30 juin 2027

Represented by DANIEL PORTERO

Active
Sopra Steria Belgium

Director · since 12 juin 2024 · until 30 juin 2027 · 0474.817.275

Represented by Karim ASER NASSIM

Active
TECNALIA - Fundacion Tecnalia Research & Innovation

Director · since 12 juin 2024 · until 30 juin 2027

Represented by Ana AYERBE FERNANDEZ-CUESTA

Active
TELETRUST IT SECURITY ASSOCIATION GERMANY

Director · since 12 juin 2024 · until 30 juin 2027

Represented by Alexander SCHELLONG

Active
TIKEHAU ACE CAPITAL

Vice-chairman of the board of directors · since 12 juin 2024 · until 30 juin 2027

Represented by François LAVASTE

Active
Italgas S.p.A.

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Alessandro MENNA

Active
CEA - Commissariat à l'Energie Atomatique et aux Energies Alternatives

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Nizar TOULEIMAT

Active
EUROBITS EV

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Gerd MULLER

Active
Leonardo S.p.A.

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Aldo Sebastiani

Active
NORTH EUROPEAN CYBERSECURITY CLUSTER-NECC RY

Vice-chairman of the board of directors · since 14 juin 2023 · until 30 juin 2026

Represented by Juha REMES

Active
RIA - Information System Authority

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Mart HIIETAMM

Active
SCHNEIDER ELECTRIC

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Jean-Michel BRUN

Active
SECUNET SECURITY NETWORKS AG

Chairman of the board of directors · since 14 juin 2023 · until 30 juin 2026

Represented by Axel DEININGER

Active
SETSI-INCIBE - CDTI

Vice-chairman of the board of directors · since 14 juin 2023 · until 30 juin 2026

Represented by Miguel Angel CANADA NAVARRO

Active

Ended mandates

CONCEPTIVITY SARL

Vice-chairman of the board of directors · since 12 juin 2024 · until 30 juin 2025

Represented by Mark MILLER

Ended
CYBERZAINTZA

Director · since 12 juin 2024 · until 30 juin 2025

Represented by Javier DIEGUES

Ended
TIKEHAU ACE CAPITAL

Director · since 12 juin 2024 · until 30 juin 2027

Represented by François LAVASTE

Ended
Italgas S.p.A.

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Alessandro MENNA

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date03/07/202618/08/202517/09/202429/08/202331/08/202224/08/2021
General meeting11/06/202625/06/202512/06/202414/06/202329/06/202230/06/2021
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202603/07/2026FrenchPDF
Abridged model31/12/202425/06/202518/08/2025FrenchPDF
Abridged model31/12/202312/06/202417/09/2024FrenchPDF
Abridged model31/12/202214/06/202329/08/2023FrenchPDF
Abridged model31/12/202129/06/202231/08/2022FrenchPDF
Abridged model31/12/202030/06/202124/08/2021FrenchPDF
Abridged model31/12/201909/09/202030/10/2020FrenchPDF
Abridged model31/12/201818/06/201916/08/2019FrenchPDF
Abridged model31/12/201720/06/201824/07/2018FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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

36 active · 196 ended

Active mandates

ACN - Alliance pour la confiance numérique

Vice-chairman of the board of directors · since 25 juin 2025 · until 30 juin 2028

Represented by Arnaud DECHOUX

Active
AIRBUS Defence & Space - CyberSecurity

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Thierry RACAUD

Active
ATOS Spain S.A.

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Gunter KOINEGG

Active
CESIN

Director · since 25 juin 2025 · until 30 juin 2028

Represented by VAN CAENEGHEM Frank

Active
CNR - Consiglio Nazionale delle Ricerche

Vice-chairman of the board of directors · since 25 juin 2025 · until 30 juin 2028

Represented by Fabio MARTINELLI

Active
CYBER LUR.

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Xabier MIXELENA

Active
CYBER SECURITY COMPETENCE and CERTIFICATION CENTRE

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Marek Zeman

Active
CYBERZAINTZA

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Javier DIEGUES

Active
Dr August Oetker

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Matthias MUHLERT

Active
GUF - Johann Wolfgang Goethe - Universität Frankfurt am Main

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Kai RANNENBERG

Active
INTESA SAN PAOLO

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Giorgio CUSMA LORENZO

Active
Ministry of Digital Affairs

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Michal PUKALUK

Active
Nexova Cyber

Director · since 25 juin 2025 · until 30 juin 2028 · 0771.883.141

Represented by BOSCO Michel

Active
ROMANIAN NATIONAL CYBER SECURITY DIRECTORATE

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Dan CIMPEAN

Active
S2 GRUPO

Vice-chairman of the board of directors · since 25 juin 2025 · until 30 juin 2028

Represented by JUAN BELLO Miguel Angel

Active
THALES Communications & Security SAS

Vice-chairman of the board of directors · since 25 juin 2025 · until 30 juin 2028

Represented by Alexis CAURETTE

Active
WITHSECURE

Director · since 25 juin 2025 · until 30 juin 2028

Represented by Tina Sarhimaa

Active
ACN- Agenzia per la Cybersicurezza Nazionale

Director · since 12 juin 2024 · until 30 juin 2027

Represented by Luca NICOLETTI

Active
CONNECT EUROPE

Director · since 12 juin 2024 · until 30 juin 2027 · 0448.199.881

Represented by Paolo GRASSIA

Active
CYEX KFT

Director · since 12 juin 2024 · until 30 juin 2026

Represented by Anett MADI-NATOR

Active
ESET

Director · since 12 juin 2024 · until 30 juin 2027

Represented by Andy GARTH

Active
European DIGITAL SME Alliance

Director · since 12 juin 2024 · until 30 juin 2027 · 0899.786.252

Represented by Sebastiano TOFFALETTI

Active
SGS ESPANOLA DE CONTROL SA

Director · since 12 juin 2024 · until 30 juin 2027

Represented by DANIEL PORTERO

Active
Sopra Steria Belgium

Director · since 12 juin 2024 · until 30 juin 2027 · 0474.817.275

Represented by Karim ASER NASSIM

Active
TECNALIA - Fundacion Tecnalia Research & Innovation

Director · since 12 juin 2024 · until 30 juin 2027

Represented by Ana AYERBE FERNANDEZ-CUESTA

Active
TELETRUST IT SECURITY ASSOCIATION GERMANY

Director · since 12 juin 2024 · until 30 juin 2027

Represented by Alexander SCHELLONG

Active
TIKEHAU ACE CAPITAL

Vice-chairman of the board of directors · since 12 juin 2024 · until 30 juin 2027

Represented by François LAVASTE

Active
Italgas S.p.A.

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Alessandro MENNA

Active
CEA - Commissariat à l'Energie Atomatique et aux Energies Alternatives

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Nizar TOULEIMAT

Active
EUROBITS EV

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Gerd MULLER

Active
Leonardo S.p.A.

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Aldo Sebastiani

Active
NORTH EUROPEAN CYBERSECURITY CLUSTER-NECC RY

Vice-chairman of the board of directors · since 14 juin 2023 · until 30 juin 2026

Represented by Juha REMES

Active
RIA - Information System Authority

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Mart HIIETAMM

Active
SCHNEIDER ELECTRIC

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Jean-Michel BRUN

Active
SECUNET SECURITY NETWORKS AG

Chairman of the board of directors · since 14 juin 2023 · until 30 juin 2026

Represented by Axel DEININGER

Active
SETSI-INCIBE - CDTI

Vice-chairman of the board of directors · since 14 juin 2023 · until 30 juin 2026

Represented by Miguel Angel CANADA NAVARRO

Active

Ended mandates

CONCEPTIVITY SARL

Vice-chairman of the board of directors · since 12 juin 2024 · until 30 juin 2025

Represented by Mark MILLER

Ended
CYBERZAINTZA

Director · since 12 juin 2024 · until 30 juin 2025

Represented by Javier DIEGUES

Ended
TIKEHAU ACE CAPITAL

Director · since 12 juin 2024 · until 30 juin 2027

Represented by François LAVASTE

Ended
Italgas S.p.A.

Director · since 14 juin 2023 · until 30 juin 2026

Represented by Alessandro MENNA

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other28/05/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/10/2023
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office07/06/2021
    SIEGE SOCIAL
    PDF
  • Other29/05/2019
    DIVERS
    PDF
  • Mandates14/05/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/01/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/11/2018
    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 2025-79 k €↓
  2. 2024
    Annual accounts 202465,3 k €↓
  3. 2023
    Annual accounts 202374,1 k €↑
  4. 2022
    Annual accounts 20222,5 k €↓
  5. 2021
    Annual accounts 202194,2 k €↑
  6. 2020
    Annual accounts 202031,9 k €↑
  7. 2019
    Annual accounts 20198 k €↓
  8. 2018
    Annual accounts 201814 k €↓
  9. 2017
    Annual accounts 2017173,7 k €
  10. 17/06/2016
    IncorporationNon-profit organization