ACTIVE

GTT Communications Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result2,7 M €+31,8 %over 1 year
Revenue22,4 M €+10,5 %over 1 year
Equity14,4 M €+22,9 %over 1 year
Workforce25,1 ETP-4,6 %over 1 year

Identity

Source · BCE/KBO

GTT Communications Belgium is a Public limited company incorporated in 1999. Its main activity is: Wired telecommunications activities. Its registered office is in Zaventem. It employs on average 25,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0466.025.612
Incorporation
03/05/1999
Legal form
Public limited company
Registered office
Leuvensesteenweg 573 box 2C
1930 Zaventem · FlandreSee on map
Contributed capital
2 266 273,52 €
Latest accounts
31/12/2025
Average workforce
25,1 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue22,4 M €20,2 M €20 M €23,6 M €21,7 M €
EBITDA1,9 M €1,8 M €41,2 k €512,7 k €3,5 M €
Operating result1,2 M €1,2 M €-379,2 k €-1,2 M €1,9 M €
Net result2,7 M €2 M €-246 k €-2,3 M €1,8 M €
Balance sheet
Equity14,4 M €11,7 M €9,7 M €9,9 M €12,2 M €
Total assets25,2 M €27,9 M €46,6 M €43,7 M €75 M €
Cash404,6 k €492,6 k €1,1 M €933,6 k €2,1 M €
Debts6,5 M €13,8 M €35,7 M €32,6 M €61,4 M €
Other
Workforce25,1 ETP26,3 ETP24,9 ETP26,8 ETP30,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 50 ended

Active mandates

Frédérique ARNOLD

Director · since 13 février 2026 · until 12 février 2032

Active
Doug RICHARDS

Director · since 03 mai 2024 · until 19 juin 2029

Active
Timothy Michael MULIERI

Director · since 29 septembre 2022 · until 14 février 2025

Active

Ended mandates

Doug Richards

Director · since 03 mai 2024 · until 21 juin 2029

Ended
Leslie Cameron BLAIR

Director · since 01 décembre 2022 · until 03 mai 2024

Ended
Leslie Cameron BLAIR

Director · since 01 décembre 2022 · until 17 juin 2028

Ended
Timothy Michael MULIERI

Director · since 29 septembre 2022 · until 17 juin 2028

Ended

Other companies at this address

Leuvensesteenweg 573 1930 Zaventem
CompanyCBE no.
Continent Drinks● Active
0801.992.634
EXA Infrastructure Belgium● Active
0468.339.853
EXA Infrastructure Belgium II● Active
0460.461.275
MY COLORS● Active
0829.637.436

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 date08/07/202615/07/202516/07/202427/07/202327/07/202221/01/2022
General meeting30/06/202609/07/202512/07/202424/07/202326/07/202219/01/2022
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202608/07/2026DutchPDF
Full model31/12/202409/07/202515/07/2025DutchPDF
Full model31/12/202312/07/202416/07/2024DutchPDF
Full model31/12/202224/07/202327/07/2023DutchPDF
Full model31/12/202126/07/202227/07/2022DutchPDF
Full model31/12/202019/01/202221/01/2022DutchPDF
Full model31/12/201919/05/202131/05/2021DutchPDF
Full model31/12/201813/04/202115/04/2021DutchPDF
Full model31/12/201729/07/201901/08/2019DutchPDF
Full model31/12/201605/10/201805/10/2018DutchPDF
Full model31/12/201530/03/201823/04/2018DutchPDF
Full model30/11/201425/11/201514/12/2015DutchPDF
Full model30/06/201328/11/201311/12/2013DutchPDF
Full modelCorrection30/06/201229/11/201220/11/2013DutchPDF
Full model30/06/201229/11/201220/02/2013DutchPDF
Full model30/06/201128/10/201119/12/2011DutchPDF
Full model30/06/201016/06/201112/07/2011DutchPDF
Full model30/06/200910/09/201023/09/2010DutchPDF
Full model30/06/200804/09/200910/12/2009DutchPDF
Full model30/06/200727/12/200708/01/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

3 active · 50 ended

Active mandates

Frédérique ARNOLD

Director · since 13 février 2026 · until 12 février 2032

Active
Doug RICHARDS

Director · since 03 mai 2024 · until 19 juin 2029

Active
Timothy Michael MULIERI

Director · since 29 septembre 2022 · until 14 février 2025

Active

Ended mandates

Doug Richards

Director · since 03 mai 2024 · until 21 juin 2029

Ended
Leslie Cameron BLAIR

Director · since 01 décembre 2022 · until 03 mai 2024

Ended
Leslie Cameron BLAIR

Director · since 01 décembre 2022 · until 17 juin 2028

Ended
Timothy Michael MULIERI

Director · since 29 septembre 2022 · until 17 juin 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/02/2026
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/03/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2022
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 13/02/2026
    nominationARNOLD Frédérique — bestuurder
  2. 2025
    Annual accounts 20252,7 M €↑
  3. 09/07/2025
    nominationStefaan DE CONINCK — commissaris
  4. 2024
    Annual accounts 20242 M €↑
  5. 03/05/2024
    nominationDouglas Anthony Richards — bestuurder
  6. 2023
    Annual accounts 2023-246 k €↑
  7. 2022
    Annual accounts 2022-2,3 M €↓
  8. 01/12/2022
    nominationLeslie Cameron Blair — bestuurder
  9. 29/09/2022
    nominationTimothy Michael Mulieri — bestuurder
  10. 09/09/2022
    reconductionPricewaterhouseCoopers Bedrijfsrevisoren BV — commissaris
  11. 19/07/2022
    nominationSCOTT WILLIAM SMITH — Gevolmachtigde
  12. 2021
    Annual accounts 20211,8 M €↑
  13. 2020
    Annual accounts 2020716,4 k €↓
  14. 2019
    Annual accounts 2019872,7 k €↑
  15. 2018
    Annual accounts 201861,8 k €↓
  16. 2018
    Name changeGTT COMMUNICATIONS BELGIUM
  17. 2017
    Annual accounts 20171,9 M €↑
  18. 2016
    Annual accounts 2016101,3 k €↑
  19. 2015
    Annual accounts 2015-0,5 €↓
  20. 2015
    Name changeInteroute Communications Belgium
  21. 2014
    Annual accounts 20142,9 M €↑
  22. 2013
    Annual accounts 20131,6 M €↑
  23. 2012
    Annual accounts 2012-1,7 M €↑
  24. 2011
    Annual accounts 2011-4,1 M €↓
  25. 2010
    Annual accounts 2010-4 M €
  26. 2010
    Name changeEASYNET BELGIUM
  27. 03/05/1999
    IncorporationPublic limited company