Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
ONESPAN from Machelen (Brab.), company number BE0446822877, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year ONESPAN recorded revenue of € 87.1 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 5 million to € 2.6 million. The company is profitable. The buffer shrank hard: equity is 93 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 1.3 million
▼ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.6 million
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 20.6 million
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 21 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
129.8
▲ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 19.3 million
▲ 3% vs 2024
€ 148,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 369,085
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15.6 million
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 63 days on average.
€ 3.9 million
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 86,687,510 | € 93,972,887 | € 92,969,859 | € 87,129,937 | ▼ 6% |
| Profit after taxes | € 2,609,554 | € 2,349,294 | € 5,019,617 | € 2,616,332 | ▼ 48% |
| Equity | € 12,319,034 | € 14,668,328 | € 19,687,945 | € 1,329,276 | ▼ 93% |
| Total debts | € 55,965,707 | € 96,619,248 | € 38,540,099 | € 48,443,453 | ▲ 26% |
| Cash | € 13,543,599 | € 11,100,266 | € 25,547,195 | € 20,612,274 | ▼ 19% |
| Retained profit | € 11,244,034 | € 13,593,327 | € 18,612,944 | € 254,276 | ▼ 99% |
| Dividend | € 0 | € 0 | € 0 | € 20,975,000 | |
| Bank debt | € 3,000,000 | € 4,000,000 | € 0 | € 0 | |
| Balance sheet total | € 68,284,741 | € 111,287,576 | € 58,228,044 | € 49,772,730 | ▼ 15% |
| Employees (FTE) | 165.3 | 148.7 | 127.4 | 129.8 | ▲ 2.4 |
Key figures of ONESPAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ONESPAN?
What happened at ONESPAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lara Mataac stepped down as director. NBB
- Jorge Martell stepped down as director. NBB
- Wim Abraham stepped down as director. NBB
- Giovanni Verhaeghe stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.6 million (▼ 48% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Lara Mataac became a director. NBB
- Jorge Martell became a director. NBB
In short
From € 2.6 million profit in 2022 to € 2.6 million profit in 2025.
Paid € 2.7 million in corporate taxes since 2022.
Best year ever: 2024, with € 5 million profit.
Paid out € 21 million in dividends to the owners in total.
Management
The shares are held by OneSpan Europe and Onespan Inc.
Directors
According to the 2025 annual accounts
Lara Mataac
Director
since 2024 · until 2030
Jorge Martell
Director
since 2023 · until 2029
Wim Abraham
Director
since 2023 · until 2029
since 2022 · until 2028
Shareholders
Onespan Inc
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Kleetlaan 12 box A
1831 Machelen (Brab.)
Nachtegaalstraat 10 box 3
9320 Aalst
Active since 1 February 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
onespan.com
Registered
2011-01-16
Registrar
MarkMonitor Inc.
Expires
2027-01-16
Website info
Features
Security
Network
Details
- Company number
- 0446.822.877
- VAT number
- BE 0446.822.877
- Registered office
- De Kleetlaan 12 bus A, 1831 Machelen (Brab.)
- Names & denominations
- ONESPAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 1992
- Peppol
- Active · Active since 30 Dec 2025
- Contact
- onespan.com [email protected]
- Activities · NACE
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