ACTIVE

ORANGE BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result-10,2 M €-110,6 %over 1 year

Revenue1,7 Md €+17,5 %over 1 year

Equity864,1 M €-1,2 %over 1 year

Workforce1 953,2 ETP+26,5 %over 1 year

Identity

Source · BCE/KBO

ORANGE BELGIUM is a Public limited company incorporated in 1995. Its main activity is: Wired telecommunications activities. Its registered office is in Evere. It employs on average 1 953,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0456.810.810
Incorporation: 18/12/1995
Legal form: Public limited company
Registered office: Avenue du Bourget 3
1140 Evere · BruxellesSee on map
Contributed capital: 284 917 452,00 €
Latest accounts: 31/12/2025
Average workforce: 1 953,2 ETP

Activities (NACE)

61100Wired telecommunications activities· main 61200Wireless telecommunications activities 64200Activities of holding companies

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 82 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,7 Md €	+17.5%	1,4 Md €	+6.5%	1,3 Md €	+5.0%	1,3 Md €	+1.1%	1,3 Md €
EBITDA	334,6 M €	-1.9%	341,2 M €	+11.0%	307,4 M €	-9.7%	340,6 M €	+0.9%	337,6 M €
Operating result	73,7 M €	-3.0%	76 M €	+16.6%	65,2 M €	-34.2%	99 M €	+48.2%	66,8 M €
Net result	-10,2 M €	-111%	96,5 M €	+336%	22,1 M €	-46.0%	41 M €	+32.3%	31 M €
Balance sheet
Equity	864,1 M €	-1.2%	874,3 M €	+39.9%	624,7 M €	+3.6%	602,8 M €	+7.2%	562,2 M €
Total assets	3,7 Md €	+8.1%	3,4 Md €	+9.2%	3,1 Md €	+87.7%	1,7 Md €	+35.6%	1,2 Md €
Cash	52,1 M €	+267%	14,2 M €	-15.2%	16,8 M €	+54.7%	10,8 M €	+1007%	977,9 k €
Debts	2,7 Md €	+11.7%	2,4 Md €	+2.0%	2,4 Md €	+152%	942,2 M €	+77.5%	530,8 M €
Other
Workforce	1 953,2 ETP	+26.5%	1 543,9 ETP	+11.7%	1 382,5 ETP	+1.0%	1 369,3 ETP	-0.6%	1 377,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

15 active · 39 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sara Puigvert	Director19/07/2024 → 05/05/2027
Bertrand Demonceau	Director02/05/2024 → 05/05/2027
FROM THE FACTORY0784.913.211Represented by Philippe Delusinne	Director02/05/2024 → 05/05/2027
Laetitia Orsini	Director02/05/2024 → 05/05/2027
Bernard Ramanantsoa	Director03/05/2023 → 05/05/2027
Caroline Guillaumin	Director03/05/2023 → 05/05/2027
Christian Luginbühl	Director01/07/2021 → 05/05/2027
Inne Mertens	Director03/05/2023 → 05/05/2027
Jean-Marc Vignolles	Director03/05/2023 → 05/05/2027
K2A Management and Investment Services0675.389.818Represented by Wilfried Verstraete	Director03/05/2017 → 05/05/2027
LEADERSHIP AND MANAGEMENT ADVISORY SERVICES0882.446.909Represented by Grégoire Dallemagne	Director07/05/2014 → 05/05/2027
Mari-Noëlle Jégo-Laveissière	Director01/09/2020 → 05/05/2027
Matthieu Bouchery	Director05/05/2021 → 05/05/2027
The House of Value- Advisory&Solutions0661.828.030Represented by Johan Deschuyffeleer	Director03/05/2017 → 05/05/2027
Xavier Pichon	Director01/09/2020 → 05/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bernard Demonceau	Director03/05/2023 → 2024 accounts
Clarisse Heriard Dubreuil	Director03/05/2023 → 2024 accounts
Béatrice Mandine	Director05/05/2021 → 30/09/2022

Other companies at this address

Avenue du Bourget 3 1140 Evere

Company	CBE no.
Atlas Countries Support● Active	0568.968.148
Atlas International Investments● Active	0838.949.436
ATLAS SERVICES BELGIUM● Active	0456.704.308
BETV● Active	0435.115.967
Enovalife● Active	0503.997.053
FONDATION ORANGE DIGITAL CENTER● Active	0801.804.374
ORANGE BUSINESS BELGIUM● Active	0440.232.718
ORANGE BUSINESS DIGITAL BELGIUM● Active	0453.257.244
Orange NetCo● Active	1022.514.315
Smart Services Network● Active	0563.470.723
Walcom Business Solutions● Active	0678.686.036

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	11/06/2026	19/05/2025	08/05/2024	17/05/2023	11/05/2022	27/05/2021
General meeting	06/05/2026	07/05/2025	02/05/2024	03/05/2023	04/05/2022	05/05/2021
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, 82 filings

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	31/12/2025	06/05/2026	11/06/2026	Dutch	PDF
Full modelCorrection	31/12/2025	06/05/2026	11/06/2026	French	PDF
Full model	31/12/2025	06/05/2026	11/05/2026	Dutch	PDF
Full model	31/12/2025	06/05/2026	11/05/2026	French	PDF
Consolidated accounts	31/12/2025	06/05/2026	12/05/2026	French	PDF
Consolidated accounts	31/12/2025	06/05/2026	12/05/2026	Dutch	PDF
Full model	31/12/2024	07/05/2025	19/05/2025	French	PDF
Full model	31/12/2024	07/05/2025	19/05/2025	Dutch	PDF
Consolidated accounts	31/12/2024	07/05/2025	27/05/2025	French	PDF
Consolidated accounts	31/12/2024	07/05/2025	26/05/2025	Dutch	PDF
Full model	31/12/2023	02/05/2024	08/05/2024	Dutch	PDF
Full model	31/12/2023	02/05/2024	08/05/2024	French	PDF
Consolidated accounts	31/12/2023	03/05/2024	14/05/2024	French	PDF
Consolidated accounts	31/12/2023	02/05/2024	08/05/2024	Dutch	PDF
Full model	31/12/2022	03/05/2023	17/05/2023	Dutch	PDF
Full model	31/12/2022	03/05/2023	17/05/2023	French	PDF
Consolidated accounts	31/12/2022	03/05/2023	22/05/2023	Dutch	PDF
Consolidated accounts	31/12/2022	03/05/2023	17/05/2023	French	PDF
Full model	31/12/2021	04/05/2022	11/05/2022	Dutch	PDF
Full model	31/12/2021	04/05/2022	11/05/2022	French	PDF
Consolidated accounts	31/12/2021	04/05/2022	13/05/2022	Dutch	PDF
Consolidated accounts	31/12/2021	02/05/2022	11/05/2022	French	PDF
Full model	31/12/2020	05/05/2021	27/05/2021	French	PDF
Full model	31/12/2020	05/05/2021	27/05/2021	Dutch	PDF
Consolidated accounts	31/12/2020	05/05/2021	27/05/2021	French	PDF
Consolidated accounts	31/12/2020	05/05/2021	27/05/2021	Dutch	PDF
Full model	31/12/2019	06/05/2020	20/05/2020	Dutch	PDF
Full model	31/12/2019	06/05/2020	19/05/2020	French	PDF
Consolidated accounts	31/12/2019	06/05/2020	25/05/2020	Dutch	PDF
Consolidated accounts	31/12/2019	06/05/2020	25/05/2020	French	PDF
Full model	31/12/2018	02/05/2019	21/05/2019	French	PDF
Full model	31/12/2018	02/05/2019	21/05/2019	Dutch	PDF
Consolidated accounts	31/12/2018	02/05/2019	21/05/2019	Dutch	PDF
Consolidated accounts	31/12/2018	02/05/2019	21/05/2019	French	PDF
Full model	31/12/2017	02/05/2018	14/05/2018	Dutch	PDF
Full model	31/12/2017	02/05/2018	14/05/2018	French	PDF
Consolidated accounts	31/12/2017	02/05/2018	15/05/2018	Dutch	PDF
Consolidated accounts	31/12/2017	02/05/2018	15/05/2018	French	PDF
Full model	31/12/2016	03/05/2017	01/06/2017	Dutch	PDF
Full model	31/12/2016	03/05/2017	01/06/2017	French	PDF
Consolidated accounts	31/12/2016	03/05/2017	02/06/2017	Dutch	PDF
Consolidated accounts	31/12/2016	03/05/2017	02/06/2017	French	PDF
Full model	31/12/2015	04/05/2016	26/05/2016	Dutch	PDF
Full model	31/12/2015	04/05/2016	26/05/2016	French	PDF
Consolidated accounts	31/12/2015	04/05/2016	27/05/2016	Dutch	PDF
Consolidated accounts	31/12/2015	04/05/2016	27/05/2016	French	PDF
Full model	31/12/2014	06/05/2015	04/06/2015	Dutch	PDF
Full model	31/12/2014	06/05/2015	03/06/2015	French	PDF
Consolidated accounts	31/12/2014	06/05/2015	03/06/2015	Dutch	PDF
Consolidated accounts	31/12/2014	06/05/2015	03/06/2015	French	PDF
Full model	31/12/2013	07/05/2014	06/06/2014	Dutch	PDF
Full model	31/12/2013	07/05/2014	03/06/2014	French	PDF
Consolidated accounts	31/12/2013	07/05/2014	05/06/2014	French	PDF
Consolidated accounts	31/12/2013	07/05/2014	05/06/2014	Dutch	PDF
Full model	31/12/2012	02/05/2013	21/05/2013	Dutch	PDF
Full model	31/12/2012	02/05/2013	21/05/2013	French	PDF
Consolidated accounts	31/12/2012	02/05/2013	23/05/2013	Dutch	PDF
Consolidated accounts	31/12/2012	02/05/2013	23/05/2013	French	PDF
Full model	31/12/2011	02/05/2012	22/05/2012	Dutch	PDF
Full model	31/12/2011	02/05/2012	22/05/2012	French	PDF
Consolidated accounts	31/12/2011	01/01/9999	22/05/2012	Dutch	PDF
Consolidated accounts	31/12/2011	02/05/2012	22/05/2012	French	PDF
Full model	31/12/2010	04/05/2011	18/05/2011	French	PDF
Full model	31/12/2010	04/05/2011	16/05/2011	Dutch	PDF
Consolidated accounts	31/12/2010	04/05/2011	17/05/2011	French	PDF
Consolidated accounts	31/12/2010	04/05/2011	17/05/2011	Dutch	PDF
Full model	31/12/2009	05/05/2010	21/05/2010	Dutch	PDF
Full model	31/12/2009	05/05/2010	21/05/2010	French	PDF
Consolidated accounts	31/12/2009	05/05/2010	21/05/2010	Dutch	PDF
Consolidated accounts	31/12/2009	05/05/2010	21/05/2010	French	PDF
Full model	31/12/2008	06/05/2009	02/06/2009	Dutch	PDF
Full model	31/12/2008	06/05/2009	02/06/2009	French	PDF
Consolidated accounts	31/12/2008	06/05/2009	26/05/2009	Dutch	PDF
Consolidated accounts	31/12/2008	06/05/2009	26/05/2009	French	PDF
Full model	31/12/2007	07/05/2008	22/05/2008	French	PDF
Full model	31/12/2007	07/05/2008	22/05/2008	Dutch	PDF
Consolidated accounts	31/12/2007	07/05/2008	21/05/2008	French	PDF
Consolidated accounts	31/12/2007	07/05/2008	21/05/2008	Dutch	PDF
Full model	31/12/2006	02/05/2007	11/05/2007	French	PDF
Full model	31/12/2006	02/05/2007	11/05/2007	Dutch	PDF
Consolidated accounts	31/12/2006	02/05/2007	11/05/2007	Dutch	PDF
Consolidated accounts	31/12/2006	02/05/2007	11/05/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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

15 active · 39 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sara Puigvert	Director19/07/2024 → 05/05/2027
Bertrand Demonceau	Director02/05/2024 → 05/05/2027
FROM THE FACTORY0784.913.211Represented by Philippe Delusinne	Director02/05/2024 → 05/05/2027
Laetitia Orsini	Director02/05/2024 → 05/05/2027
Bernard Ramanantsoa	Director03/05/2023 → 05/05/2027
Caroline Guillaumin	Director03/05/2023 → 05/05/2027
Christian Luginbühl	Director01/07/2021 → 05/05/2027
Inne Mertens	Director03/05/2023 → 05/05/2027
Jean-Marc Vignolles	Director03/05/2023 → 05/05/2027
K2A Management and Investment Services0675.389.818Represented by Wilfried Verstraete	Director03/05/2017 → 05/05/2027
LEADERSHIP AND MANAGEMENT ADVISORY SERVICES0882.446.909Represented by Grégoire Dallemagne	Director07/05/2014 → 05/05/2027
Mari-Noëlle Jégo-Laveissière	Director01/09/2020 → 05/05/2027
Matthieu Bouchery	Director05/05/2021 → 05/05/2027
The House of Value- Advisory&Solutions0661.828.030Represented by Johan Deschuyffeleer	Director03/05/2017 → 05/05/2027
Xavier Pichon	Director01/09/2020 → 05/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bernard Demonceau	Director03/05/2023 → 2024 accounts
Clarisse Heriard Dubreuil	Director03/05/2023 → 2024 accounts
Béatrice Mandine	Director05/05/2021 → 30/09/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates21/10/2026
Démissions administrateurs - cooptations administrateurs
PDF
Mandates21/10/2026
Ontslagen bestuurders - coöptaties van bestuurders
PDF
Restructuring28/09/2026
Projet commun de fusion portant sur une opération assimilée à la fusion
PDF
Restructuring28/09/2026
Gezamenlijk voorstel tot een fusie door overname gelijkgestelde verrichting
PDF
Restructuring28/09/2026
Projet commun de fusion portant sur une opération assimilée à la fusion
PDF
Restructuring28/09/2026
Gezamenlijk voorstel tot een fusie door overname gelijkgestelde verrichting
PDF
Mandates17/09/2026
Nomination commissaire, assurance sur le rapport de durabilité
PDF
Mandates17/09/2026
Benoeming commissaris, assurance over het duurzaamheidsverslag
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

Filings13 filings

Mandates

Sara Puigvert

FROM THE FACTORY

Bertrand Demonceau

Laetitia Orsini

The House of Value- Advisory&Solutions

K2A Management and Investment Services

LEADERSHIP AND MANAGEMENT ADVISORY SERVICES

Mari-Noëlle Jégo-Laveissière

Caroline Guillaumin

Bernard Ramanantsoa

Inne Mertens

Xavier Pichon

Show the 42 other mandates

199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

ORANGE BELGIUM

Avenue du Bourget 3, 1140 Evere

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue du Bourget 3, 1140 EvereCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00157489

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ORANGE BELGIUMCurrent	accounts 2007 → 2025	Accounts 2025 · 2026-00157489

Events

2025
Annual accounts 2025-10,2 M €↓
01/10/2025
split
07/05/2025
nominationSara PUIGVERT · bestuurder
07/05/2025
nominationSara PUIGVERT · administrateur
17/04/2025
constitution
2024
Annual accounts 202496,5 M €↑
19/07/2024
nominationSara Puigvert · administrateur
19/07/2024
nominationSara Puigvert · bestuurder
28/06/2024
autre
02/05/2024
augmentation_capitalNethys SA
02/05/2024
nominationPhilippe DELUSINNE · bestuurder
02/05/2024
nominationBertrand DEMONCEAU · bestuurder
02/05/2024
nominationLaetitia ORSINI · bestuurder
02/05/2024
apport
02/05/2024
nominationPhilippe DELUSINNE · administrateur
02/05/2024
nominationBertrand DEMONCEAU · administrateur
02/05/2024
nominationLaetitia ORSINI · administrateur
01/03/2024
autre
2023
Annual accounts 202322,1 M €↓
02/10/2023
autre
02/06/2023
cessionVOO Holding SA
03/05/2023
reconductionMatthieu BOUCHERY · administrateur
03/05/2023
reconductionClarisse HERIARD DUBREUIL · administrateur
03/05/2023
reconductionMari-Noëlle JÉGO-LAVEISSIERE · administrateur
03/05/2023
reconductionK2A MANAGEMENT AND INVESTMENT SERVICES SPRL · administrateur
03/05/2023
reconductionLEADERSHIP AND MANAGEMENT ADVISORY SERVICES (LMAS) · administrateur
03/05/2023
reconductionChristian LUGINBÜHL · administrateur
03/05/2023
reconductionXavier PICHON · administrateur
03/05/2023
reconductionTHE HOUSE OF VALUE ADVISORY & SOLUTIONS SRL · administrateur
03/05/2023
reconductionJean-Marc VIGNOLLES · administrateur
03/05/2023
nominationCaroline GUILLAUMIN · administrateur
03/05/2023
nominationInne MERTENS · administrateur
03/05/2023
nominationBernard RAMANANTSOA · administrateur
03/05/2023
nominationDeloitte Réviseurs d'Entreprises SRL · commissaire
03/05/2023
reconductionMatthieu BOUCHERY · bestuurder
03/05/2023
reconductionClarisse HERIARD DUBREUIL · bestuurder
03/05/2023
reconductionMari-Noëlle JÉGO-LAVEISSIÈRE · bestuurder
03/05/2023
reconductionBVBA K2A MANAGEMENT AND INVESTMENT SERVICES · bestuurder
03/05/2023
reconductionBVBA LEADERSHIP AND MANAGEMENT ADVISORY SERVICES (LMAS) · bestuurder
03/05/2023
reconductionChristian LUGINBÜHL · bestuurder
03/05/2023
reconductionXavier PICHON · bestuurder
03/05/2023
reconductionBV THE HOUSE OF VALUE — ADVISORY & SOLUTIONS · bestuurder
03/05/2023
reconductionJean-Marc VIGNOLLES · bestuurder
03/05/2023
nominationCaroline GUILLAUMIN · bestuurder
03/05/2023
nominationInne MERTENS · bestuurder
03/05/2023
nominationBernard RAMANANTSOA · bestuurder
03/05/2023
nominationDeloitte Bedrijfsrevisoren BV · commissaris
29/03/2023
nominationMOONS Stefan Jozef Albert · bijzondere lasthebber
29/03/2023
nominationMOONS Stefan Jozef Albert · mandataire spécial
2022
Annual accounts 202241 M €↑
14/12/2022
autre
14/12/2022
split
2021
Annual accounts 202131 M €↓
01/07/2021
nominationChristian LUGINBÜHL · administrateur
01/07/2021
nominationChristian LUGINBÜHL · bestuurder
2020
Annual accounts 202041,7 M €↑
2019
Annual accounts 201926,7 M €↓
2018
Annual accounts 201839,5 M €↑
2017
Annual accounts 201731,8 M €↓
2016
Annual accounts 201682 M €↓
2015
Annual accounts 201582,1 M €↓
2008
Annual accounts 2008276,3 M €↓
2007
Annual accounts 2007286,2 M €
18/12/1995
IncorporationPublic limited company

ORANGE BELGIUM

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