ACTIVE

OPEN SOCIETY EUROPEAN POLICY INSTITUTE

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Financial year 2025 · Closed on 31/12/2025

Net result0 €-100,0 %over 1 year

Gross margin602,5 k €-89,4 %over 1 year

Equity45,5 k €+0,0 %over 1 year

Workforce2,5 ETP-78,4 %over 1 year

Identity

Source · BCE/KBO

OPEN SOCIETY EUROPEAN POLICY INSTITUTE is a Non-profit organization incorporated in 2004. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Bruxelles. It employs on average 2,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0865.155.569
Incorporation: 07/05/2004
Legal form: Non-profit organization
Registered office: Avenue de Cortenbergh 71
1000 Bruxelles · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 2,5 ETP

Activities (NACE)

91330Libraries, archives, museums and other cultural activities· main 94999Activities of other membership organisations n.e.c.94999Activities of other membership organisations n.e.c.

Joint committees (2)

200
32903

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	602,5 k €	-89.4%	5,7 M €	-49.5%	11,2 M €	+66.8%	6,7 M €	+79.5%	3,8 M €
EBITDA	15,4 k €	-99.1%	1,8 M €	+210%	-1,6 M €	-252%	1,1 M €	+207%	-991,3 k €
Operating result	10,2 k €	-99.3%	1,5 M €	+178%	-1,9 M €	-365%	727,7 k €	+154%	-1,3 M €
Net result	0 €	-100.0%	1,5 M €	+190%	-1,7 M €	-265%	1 M €	+177%	-1,3 M €
Balance sheet
Equity	45,5 k €	+0.0%	45,5 k €	-90.1%	458 k €	-80.9%	2,4 M €	+43.0%	1,7 M €
Total assets	2,1 M €	-35.4%	3,2 M €	-68.8%	10,2 M €	+94.5%	5,3 M €	+25.6%	4,2 M €
Cash	518,1 k €	-73.5%	2 M €	+74.2%	1,1 M €	-61.3%	2,9 M €	+76.4%	1,6 M €
Debts	2 M €	-14.0%	2,3 M €	+53.4%	1,5 M €	-4.1%	1,6 M €	-33.8%	2,4 M €
Other
Workforce	2,5 ETP	-78.4%	11,6 ETP	-57.7%	27,4 ETP	-7.4%	29,6 ETP	-4.8%	31,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 24 ended

Active mandates

Director	Function	Mandate
Binaifer Nowrojee	Director	01/04/2024 → 31/03/2028
Miklos Sandor	Director	since 17/01/2024
Michael Vachon	Director	since 20/06/2023

Ended mandates

Director	Function	Mandate
Catherine Livingston	Director	20/06/2023 → 17/01/2024
Catherine Livingston	Director	since 20/06/2023
George Mark Lord Malloch-Brown	Chairman of the board of directors	01/04/2022 → 31/03/2024
George Mark Lord Malloch-Brown	Chairman of the board of directors	since 01/04/2022

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	23/07/2026	11/12/2025	18/01/2025	17/10/2023	07/02/2023	07/07/2022
General meeting	15/07/2026	20/09/2025	03/12/2024	10/10/2023	24/01/2023	02/06/2022
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/07/2026	23/07/2026	French	PDF
Abridged model	31/12/2024	20/09/2025	11/12/2025	French	PDF
Abridged model	31/12/2023	03/12/2024	18/01/2025	French	PDF
Abridged model	31/12/2022	10/10/2023	17/10/2023	French	PDF
Abridged model	31/12/2021	24/01/2023	07/02/2023	French	PDF
Abridged model	31/12/2020	02/06/2022	07/07/2022	French	PDF
Abridged modelCorrection	31/12/2019	02/06/2022	02/07/2022	French	PDF
Abridged model	31/12/2019	30/06/2020	05/10/2020	French	PDF
Abridged model	31/12/2018	21/06/2019	20/08/2019	French	PDF
Abridged model	31/12/2017	22/06/2018	06/11/2018	French	PDF
Abridged model	31/12/2016	28/06/2017	06/11/2018	French	PDF
Abridged model	31/12/2015	21/06/2016	19/09/2016	French	PDF
Abridged model	31/12/2014	21/06/2015	09/11/2015	French	PDF
Abridged model	31/12/2013	21/06/2014	09/11/2015	French	PDF
Abridged model	31/12/2010	21/06/2011	20/09/2011	French	PDF
Abridged model	31/12/2009	14/06/2010	21/02/2011	French	PDF
Abridged model	31/12/2008	12/05/2009	21/02/2011	French	PDF
Abridged model	31/12/2007	18/04/2008	29/04/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	19/07/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 24 ended

Active mandates

Director	Function	Mandate
Binaifer Nowrojee	Director	01/04/2024 → 31/03/2028
Miklos Sandor	Director	since 17/01/2024
Michael Vachon	Director	since 20/06/2023

Ended mandates

Director	Function	Mandate
Catherine Livingston	Director	20/06/2023 → 17/01/2024
Catherine Livingston	Director	since 20/06/2023
George Mark Lord Malloch-Brown	Chairman of the board of directors	01/04/2022 → 31/03/2024
George Mark Lord Malloch-Brown	Chairman of the board of directors	since 01/04/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/08/2026
DEMISSIONS, NOMINATIONS
PDF
Registered office27/03/2025
SIEGE SOCIAL
PDF
Mandates08/08/2024
DEMISSIONS, NOMINATIONS
PDF
Other11/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates29/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates01/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates05/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates24/03/2023
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 20250 €↓
2024
Annual accounts 20241,5 M €↑
2023
Annual accounts 2023-1,7 M €↓
2023
Name changeOPEN SOCIETY EUROPEAN POLICY INSTITUTE
2022
Annual accounts 20221 M €↑
2021
Annual accounts 2021-1,3 M €↑
2020
Annual accounts 2020-1,4 M €↓
2019
Annual accounts 2019-36,1 k €↑
2018
Annual accounts 2018-57,2 k €↓
2017
Annual accounts 201713 k €↓
2016
Annual accounts 201615,3 k €↓
2015
Annual accounts 201587 k €↑
2014
Annual accounts 2014-84,9 k €↓
2013
Annual accounts 2013118,4 k €↑
2010
Annual accounts 2010-177,9 k €↓
2009
Annual accounts 200953,8 k €↓
2008
Annual accounts 2008286,6 k €↑
2007
Annual accounts 2007-327,8 €
07/05/2004
IncorporationNon-profit organization

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue de Cortenbergh 71, 1000 BrusselsCurrent	accounts 2024 → 2025 · CBE, tracked since 27/09/2026	Accounts 2025 · 2026-00322545
Square de Meeûs 5-6, 1000 Brussels	accounts 2019 → 2023	Accounts 2023 · 2025-00008650

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
OPEN SOCIETY EUROPEAN POLICY INSTITUTECurrent	accounts 2023 → 2025 · CBE, tracked since 27/09/2026	Accounts 2025 · 2026-00322545
OSEPI	accounts 2019 → 2022	Accounts 2022 · 2023-00488131

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.

OPEN SOCIETY EUROPEAN POLICY INSTITUTE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names