ACTIVE

Colt Technology Services

Financial year 2025 · closed on 31/12/2025
Net result
1,1 M €
-34.4% YoY
Revenue
73,3 M €
-0.9% YoY
Equity
25,1 M €
+4.8% YoY
Workforce
67,7 ETP
-1.3% YoY

What does Colt Technology Services do?

Colt Technology Services is a Public limited company incorporated in 1997. Its main activity is: Wired telecommunications activities. Its registered office is in Machelen (Brab.). It employs on average 67,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.455.625
Incorporation
18/09/1997
Legal form
Public limited company
Registered office
Berkenlaan 8A
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
18 063 118,05 €
Latest accounts
31/12/2025
Average workforce
67,7 ETP
Joint committees (5)
  • 100
  • 1000
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Revenue73,3 M €74 M €70,6 M €71,4 M €74,2 M €75,2 M €70,2 M €77,5 M €75,4 M €71,2 M €77,2 M €80,4 M €87,3 M €98,9 M €
EBITDA11,5 M €14,9 M €10,3 M €11,6 M €16,2 M €11,7 M €11,5 M €15 M €12 M €13,7 M €12,7 M €13,8 M €13,8 M €16,6 M €
Operating result2,1 M €6,3 M €1,1 M €2,1 M €7,8 M €2,1 M €3,7 M €6 M €3,4 M €4 M €3,6 M €4,1 M €2,2 M €4,8 M €
Net result1,1 M €1,8 M €73,4 k €1 M €1,8 M €1,3 M €1,8 M €1,8 M €1,6 M €1,8 M €992,5 k €1,8 M €816,9 k €1,6 M €
Balance sheet
Equity25,1 M €24 M €22,2 M €22,1 M €21,1 M €19,4 M €18,1 M €16,3 M €14,6 M €13 M €11,3 M €10,3 M €8,5 M €7,7 M €
Total assets83,5 M €72,6 M €60,4 M €61,8 M €58,6 M €51,7 M €50,3 M €51,4 M €52,2 M €55,5 M €54,9 M €55,9 M €60,8 M €64 M €
Cash735 €8,1 k €166,2 k €119,4 k €353,3 k €309,7 k €406,1 k €600,1 k €324,1 k €3,7 M €59 k €39,3 k €8,6 k €1,3 M €
Debts44,4 M €32 M €24 M €27,3 M €28,8 M €21,9 M €22,6 M €27,6 M €30,5 M €35,8 M €36,4 M €36,1 M €37,2 M €43,9 M €
Other
Workforce67,7 ETP68,6 ETP68,6 ETP69,9 ETP70,3 ETP72,9 ETP71,3 ETP71,9 ETP75,9 ETP78,2 ETP86,2 ETP91,2 ETP102,9 ETP107,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 19 ended

Active mandates

Peter Dirk M. Van Hecke

Director · since 19 mars 2025 · until 17 juin 2030

Active
Floris Veulemans

Managing director · since 01 septembre 2017 · until 04 août 2026

Active
Dirk Slooten

Director · since 29 juillet 2014 · until 04 août 2026

Active
Pieter Veenman

Managing director · since 15 avril 2011 · until 19 mars 2025

Active

Ended mandates

Floris Vermeulen

Director · since 01 septembre 2017 · until 15 juin 2026

Ended
Floris Vermeulen

Managing director · since 01 septembre 2017 · until 15 juin 2026

Ended
Floris Veulemans

Director · since 01 septembre 2017 · until 15 juin 2020

Ended
Floris Veulemans

Director · since 01 septembre 2017 · until 15 juin 2026

Ended
At this address

Other companies at this address

CompanyCBE no.
CAZIMIRActive
0819.828.459
0403.049.945
Annual accounts

Full financial information

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 date03/09/202601/08/202510/06/202530/08/202324/10/202231/08/2021
General meeting04/08/202624/06/202527/06/202422/08/202326/09/202225/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/08/202603/09/2026DutchPDF
Full model31/12/202424/06/202501/08/2025DutchPDF
Full modelCorrection31/12/202327/06/202410/06/2025DutchPDF
Full model31/12/202327/06/202426/07/2024DutchPDF
Full model31/12/202222/08/202330/08/2023DutchPDF
Full model31/12/202126/09/202224/10/2022DutchPDF
Full model31/12/202025/08/202131/08/2021DutchPDF
Full model31/12/201926/06/202007/07/2020DutchPDF
Full model31/12/201825/06/201926/07/2019DutchPDF
Full model31/12/201718/06/201823/07/2018DutchPDF
Full model31/12/201628/06/201731/07/2017DutchPDF
Full model31/12/201520/06/201609/08/2016DutchPDF
Full model31/12/201429/06/201529/07/2015DutchPDF
Full model31/12/201329/07/201431/07/2014DutchPDF
Full model31/12/201217/06/201319/06/2013DutchPDF
Full model31/12/201118/06/201221/06/2012DutchPDF
Full modelCorrection31/12/201020/06/201111/01/2012DutchPDF
Full model31/12/201020/06/201128/06/2011DutchPDF
Full model31/12/200921/06/201024/06/2010DutchPDF
Full model31/12/200815/06/200923/06/2009FrenchPDF
Full model31/12/200725/06/200825/06/2008FrenchPDF
Full model31/12/200615/06/200710/08/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 19 ended

Active mandates

Peter Dirk M. Van Hecke

Director · since 19 mars 2025 · until 17 juin 2030

Active
Floris Veulemans

Managing director · since 01 septembre 2017 · until 04 août 2026

Active
Dirk Slooten

Director · since 29 juillet 2014 · until 04 août 2026

Active
Pieter Veenman

Managing director · since 15 avril 2011 · until 19 mars 2025

Active

Ended mandates

Floris Vermeulen

Director · since 01 septembre 2017 · until 15 juin 2026

Ended
Floris Vermeulen

Managing director · since 01 septembre 2017 · until 15 juin 2026

Ended
Floris Veulemans

Director · since 01 septembre 2017 · until 15 juin 2020

Ended
Floris Veulemans

Director · since 01 septembre 2017 · until 15 juin 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring10/08/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates31/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares05/06/2026
    KAPITAAL - AANDELEN
    PDF
  • Restructuring05/06/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office22/12/2025
    SIEGE SOCIAL
    PDF
  • Mandates22/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 28/04/2026
    autre
  2. 2025
    Annual accounts 20251,1 M €
  3. 24/06/2025
    reconductionPricewaterhouseCoopers Bedrijfsrevisoren BV — commissaris
  4. 20/03/2025
    nominationFloris Veulemans — gedelegeerd bestuurder
  5. 19/03/2025
    nominationPeter Dirk M. Van Hecke — bestuurder
  6. 2024
    Annual accounts 20241,8 M €
  7. 30/06/2024
    nominationEmmanuel Jennes — vaste vertegenwoordiger van de commissaris
  8. 2023
    Annual accounts 202373,4 k €
  9. 16/01/2023
    nominationEls Marta Ronsmans — gevolmachtigde
  10. 2022
    Annual accounts 20221 M €
  11. 26/09/2022
    reconductionPricewaterhouseCoopers Bedrijfsrevisoren BV — commissaris
  12. 2021
    Annual accounts 20211,8 M €
  13. 2020
    Annual accounts 20201,3 M €
  14. 2019
    Annual accounts 20191,8 M €
  15. 2018
    Annual accounts 20181,8 M €
  16. 2017
    Annual accounts 20171,6 M €
  17. 2016
    Annual accounts 20161,8 M €
  18. 2015
    Annual accounts 2015992,5 k €
  19. 2014
    Annual accounts 20141,8 M €
  20. 2013
    Annual accounts 2013816,9 k €
  21. 2012
    Annual accounts 20121,6 M €
  22. 18/09/1997
    IncorporationPublic limited company