ACTIVE

TELEVIC EDUCATION

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Financial year 2025 · Closed on 31/12/2025

Net result631,6 k €-35,1 %over 1 year

Gross margin3 M €-1,2 %over 1 year

Equity1,4 M €+87,8 %over 1 year

Workforce22,3 ETP+2,3 %over 1 year

Identity

Source · BCE/KBO

TELEVIC EDUCATION is a Public limited company incorporated in 1956. Its main activity is: Manufacture of consumer electronics. Its registered office is in Izegem. It employs on average 22,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0405.314.795
Incorporation: 27/03/1956
Legal form: Public limited company
Registered office: Leo Bekaertlaan 1
8870 Izegem · FlandreSee on map
Contributed capital: 500 000,00 €
Latest accounts: 31/12/2025
Average workforce: 22,3 ETP

Activities (NACE)

26400Manufacture of consumer electronics· main 26400Manufacture of consumer electronics 32300Manufacture of sports goods 27900Manufacture of other electrical equipment 27900Manufacture of other electrical equipment 31623Manufacture of furniture+3

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3 M €	-1.2%	3,1 M €	+30.4%	2,3 M €	+27.8%	1,8 M €	+3.1%	1,8 M €
EBITDA	827,1 k €	-23.3%	1,1 M €	+65.5%	652,1 k €	+113%	306,5 k €	-47.0%	578,6 k €
Operating result	733,1 k €	-21.3%	931,4 k €	+68.3%	553,3 k €	+129%	241,7 k €	-51.5%	498,2 k €
Net result	631,6 k €	-35.1%	973,8 k €	+153%	385,6 k €	+153%	152,4 k €	-60.8%	388,7 k €
Balance sheet
Equity	1,4 M €	+87.8%	719,6 k €	-45.5%	1,3 M €	+41.2%	935,2 k €	+19.5%	782,8 k €
Total assets	2,8 M €	-45.6%	5,1 M €	+58.1%	3,2 M €	+21.8%	2,7 M €	+21.2%	2,2 M €
Cash	1 M €	+28.5%	781,4 k €	-47.2%	1,5 M €	+39.4%	1,1 M €	-27.3%	1,5 M €
Debts	881,9 k €	-77.7%	4 M €	+180%	1,4 M €	+13.3%	1,2 M €	+33.7%	931,3 k €
Other
Workforce	22,3 ETP	+2.3%	21,8 ETP	+13.5%	19,2 ETP	+6.1%	18,1 ETP	+11.0%	16,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
3TEC0729.566.001Represented by Thomas Verstraeten	Managing director25/07/2019 → 29/06/2027
KORDAN0729.908.964Represented by Lieven Danneels	Managing director25/07/2019 → 29/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TELEVIC GROUP0402.757.955Represented by Thomas Verstraeten	Director06/06/2017 → 2023 accounts
Daninvest NV0464.456.289Represented by Lieven Danneels	Managing director06/06/2017 → 2019 accounts

Other companies at this address

Leo Bekaertlaan 1 8870 Izegem

Company	CBE 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 GROUP● Active	0402.757.955
TELEVIC RAIL● Active	0825.539.581
TIFS● Active	0831.204.480

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/06/2026	07/07/2025	18/07/2024	13/07/2023	15/07/2022	14/07/2021
General meeting	05/06/2026	13/06/2025	21/06/2024	23/06/2023	24/06/2022	18/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	24/06/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	07/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	18/07/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	13/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	15/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	14/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	28/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	25/06/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	25/06/2018	Dutch	PDF
Full model	31/12/2016	06/06/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	15/07/2016	Dutch	PDF
Full model	31/12/2014	27/06/2015	23/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	25/07/2014	Dutch	PDF
Full model	31/12/2012	22/06/2013	19/07/2013	Dutch	PDF
Full model	31/12/2011	05/06/2012	05/07/2012	Dutch	PDF
Full model	31/12/2010	07/06/2011	22/06/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	25/06/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	08/06/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	05/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
3TEC0729.566.001Represented by Thomas Verstraeten	Managing director25/07/2019 → 29/06/2027
KORDAN0729.908.964Represented by Lieven Danneels	Managing director25/07/2019 → 29/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TELEVIC GROUP0402.757.955Represented by Thomas Verstraeten	Director06/06/2017 → 2023 accounts
Daninvest NV0464.456.289Represented by Lieven Danneels	Managing director06/06/2017 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates25/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/11/2019
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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1956

Name

Registered office

Annual accounts

Filings18 filings

Mandates

3TEC

KORDAN

TELEVIC GROUP

Vertec NV

Daninvest NV

MULTIMEDISTAN

19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

TELEVIC EDUCATION

Leo Bekaertlaan 1, 8870 Izegem

Managing director

Director

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Leo Bekaertlaan 1, 8870 IzegemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00215544

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TELEVIC EDUCATIONCurrent	accounts 2007 → 2025	Accounts 2025 · 2026-00215544

Events

2025
Annual accounts 2025631,6 k €↓
2024
Annual accounts 2024973,8 k €↑
2023
Annual accounts 2023385,6 k €↑
2022
Annual accounts 2022152,4 k €↓
2021
Annual accounts 2021388,7 k €↑
2020
Annual accounts 2020360,7 k €↑
2019
Annual accounts 2019-690,5 k €↓
2018
Annual accounts 2018533,6 k €↑
2016
Annual accounts 2016255,2 k €↑
2015
Annual accounts 201588,1 k €↑
2014
Annual accounts 2014-59,4 k €↑
2013
Annual accounts 2013-121 k €↓
2012
Annual accounts 2012130,9 k €↑
2011
Annual accounts 201178,6 k €↓
2010
Annual accounts 2010429,9 k €↑
2009
Annual accounts 200912 k €↓
2008
Annual accounts 200889,7 k €↓
2007
Annual accounts 200792 k €
27/03/1956
IncorporationPublic limited company

TELEVIC EDUCATION

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events