ACTIVE

RTL BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result-4,7 M €-32,6 %over 1 year
Revenue215,3 M €-3,7 %over 1 year
Equity121,3 M €-6,7 %over 1 year
Workforce394,2 ETP-5,6 %over 1 year

Identity

Source · BCE/KBO

RTL BELGIUM is a Public limited company incorporated in 1985. Its main activity is: Television programming and broadcasting activities. Its registered office is in Schaerbeek. It employs on average 394,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.201.847
Incorporation
04/12/1985
Legal form
Public limited company
Registered office
Avenue Jacques Georgin 2
1030 Schaerbeek · BruxellesSee on map
Contributed capital
14 324 989,37 €
Latest accounts
31/12/2025
Average workforce
394,2 ETP
Joint committees (2)
  • 100
  • 227
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue215,3 M €223,6 M €225,1 M €82,8 M €72,1 M €
EBITDA11,5 M €11,2 M €12,9 M €9 M €10,4 M €
Operating result-2,2 M €-616 k €2,2 M €6,4 M €7,8 M €
Net result-4,7 M €-3,5 M €-1,9 M €18,7 M €78,7 M €
Balance sheet
Equity121,3 M €130 M €141 M €157,4 M €48,4 M €
Total assets180,9 M €197,1 M €218,2 M €310,2 M €154,6 M €
Cash8,6 M €101,4 k €2,3 M €27,2 M €3,5 M €
Debts58,2 M €66,1 M €76,2 M €149,7 M €103,3 M €
Other
Workforce394,2 ETP417,4 ETP447,3 ETP375,3 ETP368,8 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 31/12/2025

8 active · 31 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Christian VAN THILLO
Director31/03/2022 → 20/04/2029
Alexandre HURBAIN
Director31/03/2022 → 20/04/2029
Dirk LODEWYCKX
Director21/04/2023 → 20/04/2029
Eric MALRAIN
Director31/03/2022 → 20/04/2029
Bernard MARCHANT
Director10/05/2005 → 20/04/2029
Erik RODDENHOF
Director31/03/2022 → 20/04/2029
Piet VROMAN
Director31/03/2022 → 20/04/2029
Thierry HUGOT
Director31/03/2022 → 20/04/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FROM THE FACTORY0784.913.211Represented by Philippe DELUSINNE
Director29/06/2022 → 15/04/2023
Kris VERVAET
Director31/03/2022 → 2023 accounts
Christian HAUPTMANN
Director28/12/2020 → 2021 accounts

Other companies at this address

Avenue Jacques Georgin 2 1030 Schaerbeek
CompanyCBE no.
AUDIOPRESSE● Active
0427.115.150
CARAFINANCE● Active
0893.660.505
CONTRASTE EUROPE● Active
0451.992.086
EDITIONS CARAMEL● Active
0451.104.636
Medianext● Active
0818.657.333
THE DIGITAL JOURNEY● Active
0680.497.758
TV Belgium● Active
0648.783.807

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 date08/05/202616/05/202521/05/202408/11/202310/05/202222/06/2021
General meeting17/04/202618/04/202519/04/202421/04/202330/03/202211/05/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full modelCorrection31/12/202517/04/202608/05/2026FrenchPDF
Full model31/12/202517/04/202607/05/2026FrenchPDF
Full model31/12/202418/04/202516/05/2025FrenchPDF
Full model31/12/202319/04/202421/05/2024FrenchPDF
Full modelCorrection31/12/202221/04/202308/11/2023FrenchPDF
Full model31/12/202221/04/202326/06/2023FrenchPDF
Full model31/12/202130/03/202210/05/2022FrenchPDF
Full model31/12/202011/05/202122/06/2021FrenchPDF
Full model31/12/201930/06/202030/07/2020FrenchPDF
Full model31/12/201814/05/201926/06/2019FrenchPDF
Full model31/12/201715/06/201825/06/2018FrenchPDF
Full model31/12/201609/05/201729/06/2017FrenchPDF
Full model31/12/201510/05/201629/06/2016FrenchPDF
Full model31/12/201412/05/201525/06/2015FrenchPDF
Full model31/12/201313/05/201425/06/2014FrenchPDF
Full model31/12/201214/05/201321/06/2013FrenchPDF
Full model31/12/201108/05/201227/06/2012FrenchPDF
Full model31/12/201010/05/201124/06/2011FrenchPDF
Full model31/12/200911/05/201028/06/2010FrenchPDF
Full model31/12/200812/05/200930/06/2009FrenchPDF
Full model31/12/200713/05/200829/05/2008FrenchPDF
Full model31/12/200608/05/200720/06/2007FrenchPDF

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 31/12/2025

8 active · 31 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Christian VAN THILLO
Director31/03/2022 → 20/04/2029
Alexandre HURBAIN
Director31/03/2022 → 20/04/2029
Dirk LODEWYCKX
Director21/04/2023 → 20/04/2029
Eric MALRAIN
Director31/03/2022 → 20/04/2029
Bernard MARCHANT
Director10/05/2005 → 20/04/2029
Erik RODDENHOF
Director31/03/2022 → 20/04/2029
Piet VROMAN
Director31/03/2022 → 20/04/2029
Thierry HUGOT
Director31/03/2022 → 20/04/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FROM THE FACTORY0784.913.211Represented by Philippe DELUSINNE
Director29/06/2022 → 15/04/2023
Kris VERVAET
Director31/03/2022 → 2023 accounts
Christian HAUPTMANN
Director28/12/2020 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates25/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring28/07/2023
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring24/07/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring24/07/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring24/07/2023
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates06/06/2023
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Christian VAN THILLO
Alexandre HURBAIN
Dirk LODEWYCKX
Eric MALRAIN
Erik RODDENHOF
Piet VROMAN
Thierry HUGOT
Bernard MARCHANT
FROM THE FACTORY
Kris VERVAET
Sophie DEPAIRON
Christian HAUPTMANN
198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
RTL BELGIUM
Avenue Jacques Georgin 2, 1030 Schaerbeek
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue Jacques Georgin 2, 1030 SchaerbeekCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00106014

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
RTL BELGIUMCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00106014

Events

  1. 2025
    Annual accounts 2025-4,7 M €↓
  2. 18/04/2025
    nominationGéraldine Stangen · représentant permanent (commissaire)
  3. 2024
    Annual accounts 2024-3,5 M €↓
  4. 19/04/2024
    nominationChristian Van Thillo · administrateur
  5. 19/04/2024
    reconductionEric Malrain · administrateur
  6. 19/04/2024
    nominationGéraldine Slangen · représentant permanent
  7. 2023
    Annual accounts 2023-1,9 M €↓
  8. 11/10/2023
    nominationChristian Van Thillo · administrateur
  9. 30/06/2023
    autre
  10. 30/06/2023
    split
  11. 10/06/2023
    reconductionBernard Marchant · administrateur
  12. 10/06/2023
    reconductionThierry Hugot · administrateur
  13. 10/06/2023
    reconductionErik Roddenhof · administrateur
  14. 10/06/2023
    reconductionKris Vervaet · administrateur
  15. 10/06/2023
    reconductionPiet Vroman · administrateur
  16. 21/04/2023
    nominationEric Malrain · administrateur
  17. 21/04/2023
    nominationAlexandre Hurbain · administrateur
  18. 21/04/2023
    nominationDirk Lodewyckx · administrateur
  19. 2022
    Annual accounts 202218,7 M €↓
  20. 11/10/2022
    nominationSRL PwC Reviseurs d'Entreprises · commissaire
  21. 29/06/2022
    nominationFrom the Factory SComm · administrateur
  22. 29/06/2022
    nominationFrom The Factory · Administrateur
  23. 13/06/2022
    nominationELEVATE SRL · déléguée à la gestion journalière
  24. 31/03/2022
    nominationBernard Marchant · administrateur
  25. 31/03/2022
    nominationThierry Hugot · administrateur
  26. 31/03/2022
    nominationEric Malrain · administrateur
  27. 31/03/2022
    nominationAlexandre Hurbain · administrateur
  28. 31/03/2022
    nominationChristian Van Thillo · administrateur
  29. 31/03/2022
    nominationErik Roddenhof · administrateur
  30. 31/03/2022
    nominationKris Vervaet · administrateur
  31. 31/03/2022
    nominationPiet Vroman · administrateur
  32. 31/03/2022
    nominationPhilippe Delusinne · administrateur
  33. 2021
    Annual accounts 202178,7 M €↑
  34. 2020
    Annual accounts 20201,8 M €↓
  35. 2019
    Annual accounts 20194,2 M €↑
  36. 2018
    Annual accounts 20183,6 M €↓
  37. 2017
    Annual accounts 20176,8 M €↑
  38. 2016
    Annual accounts 20166,7 M €↓
  39. 2015
    Annual accounts 20157,4 M €↓
  40. 2014
    Annual accounts 20147,7 M €↓
  41. 2013
    Annual accounts 20139 M €↓
  42. 2012
    Annual accounts 201215,4 M €↓
  43. 2011
    Annual accounts 201117,2 M €↓
  44. 2010
    Annual accounts 201019,4 M €↑
  45. 2009
    Annual accounts 200910,2 M €↓
  46. 2008
    Annual accounts 200824,3 M €↓
  47. 2007
    Annual accounts 200732,5 M €↓
  48. 2006
    Annual accounts 200634,1 M €
  49. 04/12/1985
    IncorporationPublic limited company