What does OPEN SOCIETY EUROPEAN POLICY INSTITUTE do?

OPEN SOCIETY EUROPEAN POLICY INSTITUTE is filed with the CBE under the catch-all “Overige verenigingen”, a code that says little about what the company actually does. Non-profit, started on 7 May 2004, 1 establishment.

What is the address of OPEN SOCIETY EUROPEAN POLICY INSTITUTE?

The registered office of OPEN SOCIETY EUROPEAN POLICY INSTITUTE is located at Kortenberglaan 71, 1000 Brussel.

Is OPEN SOCIETY EUROPEAN POLICY INSTITUTE still active?

Yes. According to the CBE (31 October 2026) OPEN SOCIETY EUROPEAN POLICY INSTITUTE is active, legal situation “Normale toestand”, started on 7 May 2004.

Is OPEN SOCIETY EUROPEAN POLICY INSTITUTE registered on Peppol?

Yes, OPEN SOCIETY EUROPEAN POLICY INSTITUTE is registered on the Peppol network with ID 0208:0865155569.

What is the enterprise number of OPEN SOCIETY EUROPEAN POLICY INSTITUTE?

The enterprise number of OPEN SOCIETY EUROPEAN POLICY INSTITUTE is BE0865155569.

When was OPEN SOCIETY EUROPEAN POLICY INSTITUTE founded?

OPEN SOCIETY EUROPEAN POLICY INSTITUTE was founded on 7 May 2004.

Who are the directors of OPEN SOCIETY EUROPEAN POLICY INSTITUTE?

According to the 2025 annual accounts, the directors of OPEN SOCIETY EUROPEAN POLICY INSTITUTE are: Miklos Sandor, Michael Vachon, Binaifer Nowrojee.

Is OPEN SOCIETY EUROPEAN POLICY INSTITUTE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 May 2004; 7 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did OPEN SOCIETY EUROPEAN POLICY INSTITUTE make in 2025?

OPEN SOCIETY EUROPEAN POLICY INSTITUTE posted a profit after taxes of € 0 in financial year 2025.

What is the revenue of OPEN SOCIETY EUROPEAN POLICY INSTITUTE?

As a small company, OPEN SOCIETY EUROPEAN POLICY INSTITUTE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 602,462.

How much does an employee at OPEN SOCIETY EUROPEAN POLICY INSTITUTE earn?

The average wage cost per full-time employee at OPEN SOCIETY EUROPEAN POLICY INSTITUTE was € 549,000 in 2025: staff costs of € 1.4 million for 2.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does OPEN SOCIETY EUROPEAN POLICY INSTITUTE have?

According to the 2025 annual accounts, OPEN SOCIETY EUROPEAN POLICY INSTITUTE has 2.5 full-time equivalents (FTE).

OPEN SOCIETY EUROPEAN POLICY INSTITUTE (Non-profit)

Dossier OPEN SOCIETY EUROPEAN POLICY INSTITUTE, printed on 1 November 2026 from databakkes.be/en/0865155569/open-society-european-policy-institute. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 27.4 to 2.5.
Busy address KBO

30 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

OPEN SOCIETY EUROPEAN POLICY INSTITUTE from Brussel, company number BE0865155569, closed financial year 2025 with a result of € 0 after tax. For that financial year OPEN SOCIETY EUROPEAN POLICY INSTITUTE recorded a gross margin of € 602,462 and equity of € 45,523. Compared with financial year 2024, the result moved from € 1.5 million to € 0. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.

What it is worth Growing

€ 45,523

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 0

▼ € 1.5 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 518,134

▼ 74% vs 2024

Cash and bank balances on the last day of the fiscal year.

People and assets in 2025

Full-time equivalents

2.5

▼ 9.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.4 million

▼ 86% vs 2024

€ 549,000 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

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 15,169

▼ 99% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 59,340

▼ 95% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 6,745,056 Gross margin 2022: € 6,745,056 First fiscal year in the series	€ 11,247,634 Gross margin 2023: € 11,247,634 ▲ 67% vs 2022 (€ 6,745,056) Favourable step	€ 5,679,253 Gross margin 2024: € 5,679,253 ▼ 50% vs 2023 (€ 11,247,634) Unfavourable step	€ 602,462 Gross margin 2025: € 602,462 ▼ 89% vs 2024 (€ 5,679,253) Unfavourable step	▼ 89%
Profit after taxes	€ 1,021,585 Profit after taxes 2022: € 1,021,585 First fiscal year in the series	€ -1,687,986 Profit after taxes 2023: € -1,687,986 ▼ € 2.7 million vs 2022 (€ 1,021,585) Unfavourable step	€ 1,517,589 Profit after taxes 2024: € 1,517,589 ▲ € 3.2 million vs 2023 (€ -1,687,986) Favourable step	€ 0 Profit after taxes 2025: € 0 ▼ € 1.5 million vs 2024 (€ 1,517,589) Unfavourable step	▼ € 1.5 million
Equity	€ 2,397,338 Equity 2022: € 2,397,338 First fiscal year in the series	€ 457,995 Equity 2023: € 457,995 ▼ 81% vs 2022 (€ 2,397,338) Unfavourable step	€ 45,523 Equity 2024: € 45,523 ▼ 90% vs 2023 (€ 457,995) Unfavourable step	€ 45,523 Equity 2025: € 45,523 Unchanged (€ 45,523) Favourable step
Total debts	€ 2,871,951 Total debts 2022: € 2,871,951 First fiscal year in the series	€ 2,789,884 Total debts 2023: € 2,789,884 ▼ 3% vs 2022 (€ 2,871,951) Favourable step	€ 2,346,974 Total debts 2024: € 2,346,974 ▼ 16% vs 2023 (€ 2,789,884) Favourable step	€ 2,020,431 Total debts 2025: € 2,020,431 ▼ 14% vs 2024 (€ 2,346,974) Favourable step	▼ 14%
Cash	€ 2,898,218 Cash 2022: € 2,898,218 First fiscal year in the series	€ 1,122,939 Cash 2023: € 1,122,939 ▼ 61% vs 2022 (€ 2,898,218) Unfavourable step	€ 1,955,846 Cash 2024: € 1,955,846 ▲ 74% vs 2023 (€ 1,122,939) Favourable step	€ 518,134 Cash 2025: € 518,134 ▼ 74% vs 2024 (€ 1,955,846) Unfavourable step	▼ 74%
Retained profit	€ 215,920 Retained profit 2022: € 215,920 First fiscal year in the series	€ -1,472,066 Retained profit 2023: € -1,472,066 ▼ € 1.7 million vs 2022 (€ 215,920) Unfavourable step	€ 45,523 Retained profit 2024: € 45,523 ▲ € 1.5 million vs 2023 (€ -1,472,066) Favourable step	€ 45,523 Retained profit 2025: € 45,523 Unchanged (€ 45,523) Favourable step
Balance sheet total	€ 5,269,290 Balance sheet total 2022: € 5,269,290 First fiscal year in the series	€ 10,247,879 Balance sheet total 2023: € 10,247,879 ▲ 94% vs 2022 (€ 5,269,290) Unchanged	€ 3,198,497 Balance sheet total 2024: € 3,198,497 ▼ 69% vs 2023 (€ 10,247,879) Unchanged	€ 2,065,954 Balance sheet total 2025: € 2,065,954 ▼ 35% vs 2024 (€ 3,198,497) Unchanged	▼ 35%
Employees (FTE)	29.6 Employees (FTE) 2022: 29.6 First fiscal year in the series	27.4 Employees (FTE) 2023: 27.4 ▼ 2.2 vs 2022 (29.6) Unchanged	11.6 Employees (FTE) 2024: 11.6 ▼ 15.8 vs 2023 (27.4) Unchanged	2.5 Employees (FTE) 2025: 2.5 ▼ 9.1 vs 2024 (11.6) Unchanged	▼ 9.1

Key figures of OPEN SOCIETY EUROPEAN POLICY INSTITUTE, 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 OPEN SOCIETY EUROPEAN POLICY INSTITUTE?

What happened at OPEN SOCIETY EUROPEAN POLICY INSTITUTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Binaifer Nowrojee stepped down as director. NBB
Jul 23, 2026 New annual accounts for financial year 2025: profit of € 0 (▼ € 1.5 million vs 2024). Source: NBB ↗
2024 Binaifer Nowrojee became a director. NBB
2024 Miklos Sandor became a director. NBB
2023 Michael Vachon became a director. NBB
Dec 12, 2008 New establishment in Brussel. KBO
May 7, 2004 Start of the company according to the CBE. KBO

In short

From € 1 million profit in 2022 to € 0 profit in 2025.

Best year ever: 2024, with € 1.5 million profit.

On average € 241,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Miklos Sandor Michael Vachon

OPEN SOCIETY EUROPEAN POLICY INSTITUTE

Behind OPEN SOCIETY EUROPEAN POLICY INSTITUTE are Miklos Sandor and Michael Vachon.

Directors

According to the 2025 annual accounts

Miklos Sandor

Director

since 2024

Michael Vachon

Director

since 2023

Binaifer Nowrojee

Director

since 2024 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Kortenberglaan 71

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 30 companies are registered at this address.

All companies at this address →

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€ 243,012 gross margin · 2025

European Organisation for Technical Assessment- (Organisation européenne pour l'Évaluation Technique)

€ 210,278 gross margin · 2025

+25 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0865.155.569

VAT number

BE 0865.155.569

Registered office

Kortenberglaan 71, 1000 Brussel

Names & denominations

OPEN SOCIETY EUROPEAN POLICY INSTITUTE · OSEPI

Enterprise type

Rechtspersoon

Legal form

Non-profit association

Legal situation

Normale toestand

Start date

7 May 2004

Peppol

Active · Active since 25 Feb 2026

Activities · NACE

Overige verenigingen, neg

Overige verenigingen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

OPEN SOCIETY EUROPEAN POLICY INSTITUTE

Warning lights

Financials

What happened to OPEN SOCIETY EUROPEAN POLICY INSTITUTE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions