ACTIVE

TELEVIC GROUP

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Financial year 2025 · Closed on 31/12/2025

Net result3,1 M €+2,1 %over 1 year
Revenue5,4 M €-67,2 %over 1 year
Equity24,7 M €+14,2 %over 1 year
Workforce5,6 ETP-12,5 %over 1 year

Identity

Source · BCE/KBO

TELEVIC GROUP is a Public limited company incorporated in 1946. Its registered office is in Izegem. It employs on average 5,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0402.757.955
Incorporation
10/09/1946
Legal form
Public limited company
Registered office
Leo Bekaertlaan 1
8870 Izegem · FlandreSee on map
Contributed capital
5 400 000,00 €
Latest accounts
31/12/2025
Average workforce
5,6 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 29 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue5,4 M €16,4 M €10,5 M €10,4 M €9,3 M €
EBITDA621 k €2,8 M €757,3 k €1,3 M €1,4 M €
Operating result261,1 k €2,5 M €432 k €1,3 M €1,2 M €
Net result3,1 M €3 M €1,3 M €1,2 M €1,8 M €
Balance sheet
Equity24,7 M €21,6 M €18,6 M €24,3 M €23,1 M €
Total assets28 M €29,6 M €32 M €27,8 M €25,2 M €
Cash6,9 M €3,4 M €–8,8 M €10,5 M €
Debts3 M €8 M €13,2 M €3,5 M €2 M €
Other
Workforce5,6 ETP6,4 ETP65,8 ETP69,9 ETP69,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 60 ended

Active mandates

3TEC

Managing director · since 18 juin 2021 · until 29 juin 2027 · 0729.566.001

Represented by Thomas Verstraeten

Active
KORDAN

Managing director · since 18 juin 2021 · until 29 juin 2027 · 0729.908.964

Represented by Lieven Danneels

Active

Ended mandates

3TEC

Managing director · since 18 juin 2021 · until 18 juin 2027 · 0729.566.001

Represented by Thomas Verstraeten

Ended
3TEC

Director · since 18 juin 2021 · until 18 juin 2027 · 0729.566.001

Represented by Thomas Verstraeten

Ended
KORDAN

Director · since 18 juin 2021 · until 18 juin 2027 · 0729.908.964

Represented by Lieven Danneels

Ended
KORDAN

Managing director · since 18 juin 2021 · until 18 juin 2027 · 0729.908.964

Represented by Lieven Danneels

Ended

Other companies at this address

Leo Bekaertlaan 1 8870 Izegem
CompanyCBE no.
ASEM● Active
0653.781.681
Conference Rental Alliance● Active
1015.700.460
DANVER● Active
0737.989.955
Esprit ICT Healthcare Belgium● Active
0825.537.306
IMMOMANDEL● Active
0847.021.618
IMMOMANDEL KENNEDY● Active
0786.925.168
TELEVIC● Active
0825.535.920
TELEVIC EDUCATION● Active
0405.314.795
TELEVIC RAIL● Active
0825.539.581
TIFS● Active
0831.204.480

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date24/06/202607/07/202518/07/202413/07/202315/07/202214/07/2021
General meeting05/06/202613/06/202521/06/202423/06/202324/06/202218/06/2021
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, 29 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202624/06/2026DutchPDF
Full model31/12/202413/06/202507/07/2025DutchPDF
Full model31/12/202321/06/202418/07/2024DutchPDF
Full model31/12/202223/06/202313/07/2023DutchPDF
Full model31/12/202124/06/202215/07/2022DutchPDF
Full model31/12/202018/06/202114/07/2021DutchPDF
Full model31/12/201921/08/202024/09/2020DutchPDF
Consolidated accounts31/12/201921/08/202024/09/2020DutchPDF
Full model31/12/201829/03/201926/04/2019DutchPDF
Consolidated accounts31/12/201820/06/201915/07/2019DutchPDF
Full model31/12/201701/06/201825/06/2018DutchPDF
Consolidated accounts31/12/201701/06/201818/10/2018DutchPDF
Full model31/12/201608/06/201729/06/2017DutchPDF
Full model31/12/201525/05/201615/07/2016DutchPDF
Full model31/12/201427/05/201523/07/2015DutchPDF
Consolidated accounts31/12/201431/10/201519/11/2015DutchPDF
Full model31/12/201312/06/201411/07/2014DutchPDF
Consolidated accounts31/12/201326/09/201430/09/2014DutchPDF
Full model31/12/201229/05/201328/06/2013DutchPDF
Consolidated accounts31/12/201205/09/201304/10/2013DutchPDF
Full model31/12/201130/05/201229/06/2012DutchPDF
Consolidated accounts31/12/201129/06/201220/07/2012DutchPDF
Full model31/12/201023/05/201122/06/2011DutchPDF
Consolidated accounts31/12/201025/06/201115/07/2011DutchPDF
Full model31/12/200926/05/201025/06/2010DutchPDF
Consolidated accounts31/12/200926/05/201025/06/2010DutchPDF
Full model31/12/200827/05/200926/06/2009DutchPDF
Full model31/12/200727/05/200825/06/2008DutchPDF
Full model31/12/200623/05/200722/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

2 active · 60 ended

Active mandates

3TEC

Managing director · since 18 juin 2021 · until 29 juin 2027 · 0729.566.001

Represented by Thomas Verstraeten

Active
KORDAN

Managing director · since 18 juin 2021 · until 29 juin 2027 · 0729.908.964

Represented by Lieven Danneels

Active

Ended mandates

3TEC

Managing director · since 18 juin 2021 · until 18 juin 2027 · 0729.566.001

Represented by Thomas Verstraeten

Ended
3TEC

Director · since 18 juin 2021 · until 18 juin 2027 · 0729.566.001

Represented by Thomas Verstraeten

Ended
KORDAN

Director · since 18 juin 2021 · until 18 juin 2027 · 0729.908.964

Represented by Lieven Danneels

Ended
KORDAN

Managing director · since 18 juin 2021 · until 18 juin 2027 · 0729.908.964

Represented by Lieven Danneels

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates16/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2019
    ONTSLAGEN - BENOEMINGEN
    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 20253,1 M €↑
  2. 2024
    Annual accounts 20243 M €↑
  3. 2023
    Annual accounts 20231,3 M €↑
  4. 2022
    Annual accounts 20221,2 M €↓
  5. 2021
    Annual accounts 20211,8 M €↑
  6. 2020
    Annual accounts 20201,8 M €↓
  7. 2019
    Annual accounts 20195,1 M €↑
  8. 2018
    Annual accounts 20184,6 M €↓
  9. 2017
    Annual accounts 20176,6 M €↑
  10. 2016
    Annual accounts 20162,6 M €↑
  11. 2015
    Annual accounts 20151,2 M €↑
  12. 2014
    Annual accounts 2014439,3 k €↓
  13. 2013
    Annual accounts 20131,8 M €↑
  14. 2012
    Annual accounts 2012684,8 k €↓
  15. 2011
    Annual accounts 20112 M €↓
  16. 2009
    Annual accounts 20092 M €↑
  17. 2009
    Name changeTELEVIC GROUP
  18. 2008
    Annual accounts 20081,4 M €
  19. 2008
    Name changeTelevic
  20. 10/09/1946
    IncorporationPublic limited company