ACTIVE

Société Internationale de Télécommunications Aéronautiques

Financial year 2024 · Closed on 31/12/2024

Net result102,8 M €+1 811,2 %over 1 year
Revenue8,1 M €-23,1 %over 1 year
Equity103,3 M €+4 308,1 %over 1 year
Workforce23,0 ETP-48,9 %over 1 year

Identity

Source · BCE/KBO

Société Internationale de Télécommunications Aéronautiques is a Cooperative society incorporated in 1949. Its main activity is: Wired telecommunications activities. Its registered office is in Evere. It employs on average 23,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.150.410
Incorporation
23/02/1949
Legal form
Cooperative society
Registered office
Avenue des Olympiades 2
1140 Evere · BruxellesSee on map
Contributed capital
32 535,00 €
Latest accounts
31/12/2024
Average workforce
23,0 ETP
Joint committees (1)
  • 31502
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 39 filings

Trend over 14 financial years

20242023202220202016
Income statement
Revenue8,1 M €10,6 M €26,6 M €343,1 M €482,3 M €
EBITDA20,3 M €5,2 M €5,7 M €22,8 M €18,6 M €
Operating result21,2 M €8,3 M €10,4 M €7,1 M €-4,4 M €
Net result102,8 M €-6 M €1,8 M €––
Balance sheet
Equity103,3 M €2,3 M €3,2 M €1,4 M €1,7 M €
Total assets450,6 M €363,9 M €397,5 M €316 M €390 M €
Cash18,9 M €17,4 M €16,1 M €20,8 M €24,5 M €
Debts341,2 M €355,3 M €391,9 M €303 M €362,8 M €
Other
Workforce23,0 ETP45,0 ETP89,0 ETP348,0 ETP719,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 9 ended

Active mandates

DirectorFunctionMandate
Director

Ended mandates

DirectorFunctionMandate
- Liste des Administrateurs en annexe C10
Director
Director
Director
Director

Other companies at this address

Avenue des Olympiades 2 1140 Evere
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0445.919.391
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BISTRO GARDEN● Bankrupt
0841.084.327
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EUROPE - NET● Active
0459.979.542
EXPRA EUROPE● Active
1033.070.982
0524.725.854
FOST PLUS● Active
0447.550.872
GARMIN BELUX● Active
0444.694.421
0402.720.145
LUNCH GARDEN● Bankrupt
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SITA P2● Active
1012.061.277

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelConsolidated accountsFull modelConsolidated accounts
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/07/202524/07/202426/06/202304/07/202228/06/202109/12/2020
General meeting18/06/202512/06/202414/06/202315/06/202216/06/202117/06/2020
Currency of the financial yearEUREUREURUSDEURUSD
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 39 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202418/06/202508/07/2025FrenchPDF
Consolidated accounts31/12/202418/06/202508/07/2025FrenchPDF
Full model31/12/202312/06/202424/07/2024FrenchPDF
Consolidated accounts31/12/202312/06/202424/07/2024FrenchPDF
Full model31/12/202214/06/202326/06/2023FrenchPDF
Consolidated accounts31/12/202214/06/202327/06/2023FrenchPDF
Full model31/12/202115/06/202230/06/2022FrenchPDF
Consolidated accounts31/12/202115/06/202204/07/2022FrenchPDF
Full model31/12/202016/06/202128/06/2021FrenchPDF
Consolidated accounts31/12/202016/06/202128/06/2021FrenchPDF
Full model31/12/201917/06/202030/06/2020FrenchPDF
Consolidated accountsCorrection31/12/201917/06/202009/12/2020FrenchPDF
Consolidated accounts31/12/201917/06/202020/07/2020FrenchPDF
Full model31/12/201819/06/201901/07/2019FrenchPDF
Consolidated accounts31/12/201819/06/201901/07/2019FrenchPDF
Full model31/12/201727/06/201803/07/2018FrenchPDF
Consolidated accounts31/12/201727/06/201803/07/2018FrenchPDF
Full model31/12/201616/05/201728/06/2017FrenchPDF
Consolidated accounts31/12/201616/05/201704/07/2017FrenchPDF
Full model31/12/201525/05/201620/06/2016FrenchPDF
Consolidated accounts31/12/201525/05/201605/08/2016FrenchPDF
Full model31/12/201417/06/201525/06/2015FrenchPDF
Consolidated accounts31/12/201417/06/201503/07/2015FrenchPDF
Full model31/12/201318/06/201407/07/2014FrenchPDF

View all 39 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 31/12/2024

1 active · 9 ended

Active mandates

DirectorFunctionMandate
Director

Ended mandates

DirectorFunctionMandate
- Liste des Administrateurs en annexe C10
Director
Director
Director
Director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/07/2026
    Révocation - Nomination
    PDF
  • Mandates10/07/2026
    Renouvellement de mandat, Nomination, Demissions.
    PDF
  • Mandates13/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/07/2023
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 18/06/2025
    reconductionMelvin Crocker · administrateur
  2. 18/06/2025
    reconductionMichael Doersam · administrateur
  3. 18/06/2025
    reconductionJuliana De Freitas Coutinho Rios · administrateur
  4. 18/06/2025
    nominationPierre-Olivier Bandet · administrateur
  5. 18/06/2025
    nominationLaurent Jossart · administrateur
  6. 18/06/2025
    nominationMehmet Kerem Kiziltung · administrateur
  7. 2024
    Annual accounts 2024102,8 M €↑
  8. 12/06/2024
    reconductionFehlmann, Dominique · administrateur
  9. 12/06/2024
    reconductionMeyer, Frank · administrateur
  10. 12/06/2024
    reconductionPrümm, Pierre Dominique · administrateur
  11. 25/04/2024
    nominationJosiane Bouhon · mandataire général
  12. 07/03/2024
    nominationJosiane Bouhon · pouvoirs spéciaux
  13. 2023
    Annual accounts 2023-6 M €↓
  14. 15/06/2023
    nominationRomain Seffer · Commissaire aux Comptes
  15. 14/06/2023
    nominationSOGAL, Mahesh Jagannath · administrateur
  16. 14/06/2023
    reconductionJefri, Omar · président du conseil d'administration
  17. 14/06/2023
    reconductionSrinivasan, Arasnipala · administrateur
  18. 2022
    Annual accounts 20221,8 M €
  19. 15/06/2022
    nominationHUI YEE BOO · administrateur
  20. 15/06/2022
    nominationHui Yee Boo · administrateur
  21. 15/06/2022
    nominationNicolas Ferri · administrateur
  22. 15/06/2022
    nominationLadislaus Matindi · administrateur
  23. 15/06/2022
    nominationJuliana De Frietes Coutinho RIOS · administrateur
  24. 15/06/2022
    nominationMelvin Crocker · administrateur
  25. 15/06/2022
    nominationMichael Doersam · administrateur
  26. 15/06/2022
    nominationRussell Hubbard · administrateur
  27. 2020
    Annual accounts 2020
  28. 2016
    Annual accounts 2016
  29. 2015
    Annual accounts 2015
  30. 2013
    Annual accounts 2013
  31. 2012
    Annual accounts 2012
  32. 2011
    Annual accounts 2011
  33. 2010
    Annual accounts 2010
  34. 2009
    Annual accounts 2009
  35. 2008
    Annual accounts 2008
  36. 2007
    Annual accounts 2007
  37. 2006
    Annual accounts 2006
  38. 23/02/1949
    IncorporationCooperative society