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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 2022.
Financials
Financial year 2025
OSG EUROPE from Wavre, company number BE0461925777, closed financial year 2025 with a result of € 15.2 million after tax. For that financial year OSG EUROPE recorded revenue of € 2.4 million and equity of € 175 million. Compared with financial year 2024, the result moved from € 8.9 million to € 15.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 175 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15.2 million
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 259,744
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 55.8 million.
People and assets in 2025
3.6
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 764,703
▼ 28% vs 2024
€ 212,400 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 161,843
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 255,181
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,906,080 | € 2,029,621 | € 2,162,047 | € 2,355,000 | ▲ 9% |
| Profit after taxes | € 5,348,776 | € 8,669,991 | € 8,869,953 | € 15,157,896 | ▲ 71% |
| Equity | € 106,999,355 | € 115,669,346 | € 159,870,917 | € 175,028,813 | ▲ 9% |
| Total debts | € 22,231,071 | € 19,503,496 | € 17,395,048 | € 504,087 | ▼ 97% |
| Cash | € 3,500,319 | € 259,945 | € 260,144 | € 259,744 | |
| Retained profit | € 23,058,860 | € 31,728,851 | € 40,598,804 | € 55,756,700 | ▲ 37% |
| Bank debt | € 21,840,000 | € 19,110,000 | € 16,380,000 | € 0 | ▼ 100% |
| Balance sheet total | € 129,230,426 | € 135,172,842 | € 177,265,965 | € 175,532,900 | ▼ 1% |
| Employees (FTE) | 5 | 4.4 | 4.4 | 3.6 | ▼ 0.8 |
Key figures of OSG EUROPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to OSG EUROPE?
What happened at OSG EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nobuaki OSAWA stepped down as director. NBB
- Masakazu KONDO stepped down as director. NBB
- Mitsutoshi KANO stepped down as director. NBB
- Hideaki OSAWA stepped down as director. NBB
- Luc VANHOOREWEDER stepped down as director. NBB
- Norio ISHIKAWA stepped down as director. NBB
- Ryoh Yoda stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 15.2 million (▲ 71% vs 2024). Source: NBB ↗
In short
From € 5.3 million profit in 2022 to € 15.2 million profit in 2025.
Paid € 71,804 in corporate taxes since 2022.
Best year ever: 2025, with € 15.2 million profit.
Pays suppliers within 45 days on average.
Management
It owns 100% of OSG Germany Holding, 100% of OSG Scandinavia A/S, 100% of OSG Europe Ltd, 100% of OSG Logistics, 100% of OSG Italia SRL and 100% of OSG Nederland BV itself.
Directors
According to the 2025 annual accounts
Ryoh Yoda
Director
since 2023 · until 2029
since 2026 · until 2032
Masakazu KONDO
Director
since 2026 · until 2032
Mitsutoshi KANO
Director
since 2026 · until 2032
since 2026 · until 2032
Luc VANHOOREWEDER
Director
since 2026 · until 2032
Norio ISHIKAWA
Director
since 2026 · until 2032
Establishments
Establishment units
Physical locations of this company
Avenue Lavoisier 1
1300 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0461.925.777
- VAT number
- BE 0461.925.777
- Registered office
- Avenue Lavoisier 1, 1300 Wavre
- Names & denominations
- OSG EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 1997
- Peppol
- Active · Active since 10 Feb 2026
- Activities · NACE
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