ACTIVE

Targa Telematics Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result-212,8 k €+34,9 %over 1 year
Gross margin1,4 M €-5,1 %over 1 year
Equity-60,4 k €-139,6 %over 1 year

Identity

Source · BCE/KBO

Targa Telematics Belgium is a Public limited company incorporated in 1984. Its registered office is in Auderghem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0426.340.140
Incorporation
13/07/1984
Legal form
Public limited company
Registered office
Place Communale d'Auderghem 8
1160 Auderghem · BruxellesSee on map
Contributed capital
11 488 129,74 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,4 M €1,6 M €1,6 M €1,6 M €
EBITDA243 k €334,8 k €370,5 k €289,2 k €201,9 k €
Operating result-137,5 k €-211,2 k €-542,2 k €19,1 k €-7,7 k €
Net result-212,8 k €-327,1 k €-1 M €-150,6 k €-243,9 k €
Balance sheet
Equity-60,4 k €152,4 k €479,5 k €1,5 M €1,7 M €
Total assets2,2 M €2,3 M €2,6 M €3,4 M €3,4 M €
Cash154,3 €154,3 €381,4 €444,5 €503,1 €
Debts2 M €1,8 M €1,8 M €1,5 M €1,2 M €
Other
Workforce–11,4 ETP––19,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 33 ended

Active mandates

ALBERTO FALCIONE

Director · since 16 mai 2023 · until 14 mai 2029

Active
CARLO STEFANELLI

Director · since 16 mai 2023 · until 14 mai 2029

Active
NICOLA DE MATTIA

Director · since 16 mai 2023 · until 14 mai 2029

Active

Ended mandates

STEPHANE PUIS

Director · since 16 mai 2023 · until 06 octobre 2023

Ended
VINCENT GRESLEBIN

Director · since 16 mai 2023 · until 14 mai 2029

Ended
Gresentis

Director · since 17 décembre 2021 · until 14 mai 2026 · 0681.429.948

Ended
MARCO PETRONE

Director · since 09 février 2021 · until 18 juin 2026

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date12/06/202601/07/202508/07/202426/05/202330/06/202210/08/2021
General meeting28/05/202620/05/202517/05/202410/05/202328/06/202212/05/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/05/202612/06/2026FrenchPDF
Abridged model31/12/202420/05/202501/07/2025FrenchPDF
Abridged model31/12/202317/05/202408/07/2024FrenchPDF
Abridged model31/12/202210/05/202326/05/2023FrenchPDF
Abridged model31/12/202128/06/202230/06/2022FrenchPDF
Abridged model31/12/202012/05/202110/08/2021FrenchPDF
Abridged model31/12/201913/05/202025/08/2020FrenchPDF
Abridged modelCorrection31/12/201814/05/201919/08/2019FrenchPDF
Abridged model31/12/201814/05/201915/07/2019FrenchPDF
Abridged model31/12/201709/05/201816/08/2018FrenchPDF
Abridged modelCorrection31/12/201610/05/201722/12/2017FrenchPDF
Abridged model31/12/201610/05/201707/06/2017FrenchPDF
Abridged model31/12/201522/04/201605/05/2016FrenchPDF
Abridged model31/12/201419/06/201504/07/2015FrenchPDF
Abridged model31/12/201327/08/201414/10/2014FrenchPDF
Abridged model30/06/201202/10/201221/12/2012FrenchPDF
Abridged model30/06/201104/10/201109/12/2011FrenchPDF
Abridged model30/06/201005/10/201024/11/2010FrenchPDF
Abridged model30/06/200906/10/200924/11/2009FrenchPDF
Abridged model30/06/200807/10/200817/11/2008FrenchPDF
Full model31/12/200614/06/200709/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

3 active · 33 ended

Active mandates

ALBERTO FALCIONE

Director · since 16 mai 2023 · until 14 mai 2029

Active
CARLO STEFANELLI

Director · since 16 mai 2023 · until 14 mai 2029

Active
NICOLA DE MATTIA

Director · since 16 mai 2023 · until 14 mai 2029

Active

Ended mandates

STEPHANE PUIS

Director · since 16 mai 2023 · until 06 octobre 2023

Ended
VINCENT GRESLEBIN

Director · since 16 mai 2023 · until 14 mai 2029

Ended
Gresentis

Director · since 17 décembre 2021 · until 14 mai 2026 · 0681.429.948

Ended
MARCO PETRONE

Director · since 09 février 2021 · until 18 juin 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/03/2026
    DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates28/11/2024
    DENOMINATION
    PDF
  • Mandates24/10/2024
    DENOMINATION
    PDF
  • Mandates08/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office24/06/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/08/2022
    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. 2025
    Annual accounts 2025-212,8 k €↑
  2. 2025
    Name changeTarga Telematics Belgium
  3. 2024
    Annual accounts 2024-327,1 k €↑
  4. 2024
    Name changeTarga Viasat Belgium
  5. 2023
    Annual accounts 2023-1 M €↓
  6. 2022
    Annual accounts 2022-150,6 k €↑
  7. 2021
    Annual accounts 2021-243,9 k €↑
  8. 2020
    Annual accounts 2020-545,7 k €↑
  9. 2020
    Name changeVIASAT CONNECT
  10. 2019
    Annual accounts 2019-811,8 k €↓
  11. 2018
    Annual accounts 2018602,3 k €↑
  12. 2017
    Annual accounts 2017133,1 k €↓
  13. 2016
    Annual accounts 2016275,2 k €↓
  14. 2015
    Annual accounts 2015488 k €↓
  15. 2014
    Annual accounts 2014580,2 k €↑
  16. 2014
    Name changeEMIXIS
  17. 2012
    Annual accounts 201275,2 k €↓
  18. 2011
    Annual accounts 201177,8 k €↓
  19. 2010
    Annual accounts 201094,5 k €↑
  20. 2009
    Annual accounts 2009-38,2 k €↑
  21. 2008
    Annual accounts 2008-551,4 k €↓
  22. 2006
    Annual accounts 2006-58,5 k €
  23. 2006
    Name changeDATATRAK
  24. 13/07/1984
    IncorporationPublic limited company