ACTIVE

GATEWAY COMMUNICATIONS

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Financial year 2025 · closed on 31/12/2025

Net result

373,1 k €

+96.0% YoY

Revenue

5 M €

-19.3% YoY

Equity

649,5 k €

+135.0% YoY

Workforce

26,0 ETP

-25.9% YoY

What does GATEWAY COMMUNICATIONS do?

GATEWAY COMMUNICATIONS is a Public limited company incorporated in 2002. Its main activity is: Wired telecommunications activities. Its registered office is in Charleroi. It employs on average 26,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.904.161

Incorporation

15/02/2002

Legal form

Public limited company

Registered office

Avenue Jean Mermoz 30
6041 Charleroi · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

26,0 ETP

Activities (NACE)

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

Joint committees (3)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2012		2011		2010		2008		2007		2006
Income statement
Revenue	5 M €	-19.3%	6,2 M €	-19.8%	7,7 M €	+7.8%	7,1 M €	+2.7%	6,9 M €	-2.1%	7,1 M €	-4.6%	7,4 M €	+1.5%	7,3 M €	-6.4%	7,8 M €	-4.6%	8,2 M €	-3.5%	8,5 M €	-1.4%	8,6 M €	+3.3%	8,4 M €	+30.9%	6,4 M €	-27.7%	8,8 M €	-1.0%	8,9 M €	-27.3%	12,2 M €	+47.7%	8,3 M €	-0.1%	8,3 M €	+14.5%	7,2 M €
EBITDA	364 k €	+22.8%	296,4 k €	-47.9%	568,5 k €	-0.3%	570,3 k €	+1.5%	561,6 k €	-29.4%	795,3 k €	-15.6%	942,8 k €	+13.0%	834,7 k €	-11.8%	946,1 k €	-10.8%	1,1 M €	-19.1%	1,3 M €	-12.3%	1,5 M €	-31.3%	2,2 M €	-1.2%	2,2 M €	-34.5%	3,4 M €	-1.1%	3,4 M €	-13.4%	3,9 M €	+35.5%	2,9 M €	+18.9%	2,4 M €	+4.4%	2,3 M €
Operating result	361,3 k €	+27.9%	282,4 k €	-45.3%	516,3 k €	+9.4%	472 k €	+11.1%	424,7 k €	-31.3%	617,8 k €	-1.7%	628,6 k €	+14.9%	547,2 k €	-5.9%	581,8 k €	+21.1%	480,6 k €	-13.1%	553,1 k €	+26.6%	436,8 k €	-10.9%	490,1 k €	-19.8%	610,8 k €	-44.9%	1,1 M €	-3.1%	1,1 M €	-4.4%	1,2 M €	+23.7%	967,3 k €	+27.5%	758,4 k €	-3.3%	784 k €
Net result	373,1 k €	+96.0%	190,4 k €	-45.5%	349,5 k €	+11.2%	314,3 k €	+21.0%	259,8 k €	-37.7%	416,9 k €	+6.4%	391,8 k €	+16.6%	336,2 k €	-1.4%	340,8 k €	+10.9%	307,2 k €	-10.4%	343 k €	+31.2%	261,5 k €	-16.6%	313,4 k €	-49.7%	623,5 k €	-3.8%	648 k €	+4.4%	620,6 k €	-22.0%	796,2 k €	+28.6%	619 k €	+3.8%	596,1 k €	+37.0%	435 k €
Balance sheet
Equity	649,5 k €	+135%	276,4 k €	+221%	86,1 k €	-99.1%	9,2 M €	+3.5%	8,9 M €	+3.0%	8,7 M €	+5.1%	8,2 M €	+5.0%	7,9 M €	+4.5%	7,5 M €	+4.7%	7,2 M €	+4.5%	6,9 M €	+5.3%	6,5 M €	+4.2%	6,3 M €	+5.3%	6 M €	+11.7%	5,3 M €	+13.8%	4,7 M €	+13.9%	4,1 M €	+17.7%	3,5 M €	+14.7%	3 M €	+26.5%	2,4 M €
Total assets	2 M €	-83.7%	12,1 M €	+11.0%	10,9 M €	+2.8%	10,6 M €	+5.7%	10,1 M €	+3.0%	9,8 M €	+2.2%	9,6 M €	-3.0%	9,9 M €	+4.1%	9,5 M €	+8.9%	8,7 M €	+3.6%	8,4 M €	+8.6%	7,7 M €	+8.1%	7,1 M €	+5.8%	6,8 M €	-41.4%	11,5 M €	+6.6%	10,8 M €	+10.9%	9,8 M €	+5.1%	9,3 M €	+2.8%	9 M €	+23.6%	7,3 M €
Cash	291,5 k €	-31.4%	425,1 k €	+329%	99,1 k €	-78.4%	457,7 k €	+65.8%	276,1 k €	+1087%	23,3 k €	-91.3%	266,9 k €	-50.4%	538,3 k €	+1.8%	528,6 k €	+777%	60,3 k €	-85.2%	406,7 k €	+14.4%	355,4 k €	+297%	89,4 k €	+18.9%	75,2 k €	-37.7%	120,7 k €	+13.3%	106,5 k €	-55.8%	240,9 k €	-40.3%	403,7 k €	+72.8%	233,7 k €	+254%	66 k €
Debts	1,3 M €	-88.8%	11,9 M €	+9.4%	10,9 M €	+671%	1,4 M €	+22.9%	1,1 M €	+3.3%	1,1 M €	-15.9%	1,3 M €	-34.4%	2 M €	+2.9%	2 M €	+28.5%	1,5 M €	-0.2%	1,5 M €	+26.8%	1,2 M €	+37.1%	875,3 k €	+10.1%	795 k €	-85.7%	5,6 M €	+5.9%	5,3 M €	+5.4%	5 M €	+3.7%	4,8 M €	+3.3%	4,7 M €	+11.3%	4,2 M €
Other
Workforce	26,0 ETP	-25.9%	35,1 ETP	-21.1%	44,5 ETP	+0.7%	44,2 ETP	-0.7%	44,5 ETP	-0.9%	44,9 ETP	+2.5%	43,8 ETP	-3.3%	45,3 ETP	-2.8%	46,6 ETP	+1.7%	45,8 ETP	0.0%	45,8 ETP	+6.5%	43,0 ETP	+5.9%	40,6 ETP	+3.8%	39,1 ETP	+2.9%	38,0 ETP	+0.5%	37,8 ETP	-10.8%	42,4 ETP	+10.7%	38,3 ETP	+7.6%	35,6 ETP	+9.5%	32,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 49 ended

Active mandates

LISA CARRENO

Managing director · since 25 avril 2025 · until 22 mai 2029

Active

SHUK HAN CATHERINE WAI

Director · since 25 avril 2025 · until 22 mai 2029

Active

EMMANUEL BAIN

Director · since 05 novembre 2019 · until 31 mars 2026

Active

HO POON CHI

Director · since 31 août 2012 · until 22 mai 2029

Active

JOSEPHINE CHEUNG WAI WAI

Director · since 31 août 2012 · until 22 mai 2029

Active

Ended mandates

SCOTT BUTTERWORTH

Managing director · since 28 juillet 2021 · until 25 avril 2025

Ended

SCOTT BUTTERWORTH

Managing director · since 28 juillet 2021 · until 20 mai 2025

Ended

EMMANUEL BAIN

Director · since 05 novembre 2019 · until 17 mai 2020

Ended

EMMANUEL BAIN

Director · since 05 novembre 2019 · until 20 mai 2025

Ended

At this address

Other companies at this address

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2L PROJECT● Liquidation	0742.816.003
ADG CONSEILS● Active	0721.996.734
ALY.D● Active	0475.056.114
COHABSYS● Active	0472.760.182
EQUIPE TECHNIQUE INTERREG FRANCE - WALLONIE - VLAANDEREN● Active	0476.800.629
G STAFF● Bankrupt	0670.967.608
HKT Global (Belgium)● Active	1005.922.761
JM DURVIAUX● Active	0729.961.622
ROSSONERI SPORT INVESTMENT BELGIUM● Bankrupt	0670.783.605
SIMARFI CONSULTING● Active	0882.069.894
SIMARFI COPILOT● Active	0774.541.634
TRAVEL SENSATIONS● Active	0863.302.077

Annual accounts

Full financial information

	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	18/06/2026	25/06/2025	24/06/2024	12/06/2023	20/06/2022	25/05/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/05/2026	18/06/2026	French	PDF
Full model	31/12/2024	20/05/2025	25/06/2025	French	PDF
Full model	31/12/2023	21/05/2024	24/06/2024	French	PDF
Full model	31/12/2022	16/05/2023	12/06/2023	French	PDF
Full model	31/12/2021	17/05/2022	20/06/2022	French	PDF
Full model	31/12/2020	18/05/2021	25/05/2021	French	PDF
Full model	31/12/2019	19/05/2020	26/05/2020	French	PDF
Full model	31/12/2018	21/05/2019	17/06/2019	French	PDF
Full model	31/12/2017	15/05/2018	13/06/2018	French	PDF
Full model	31/12/2016	07/06/2017	27/06/2017	French	PDF
Full model	31/12/2015	17/05/2016	15/06/2016	French	PDF
Full model	31/12/2014	23/06/2015	29/06/2015	French	PDF
Full model	31/12/2013	23/06/2014	06/08/2014	French	PDF
Full model	31/12/2012	21/05/2013	22/07/2013	French	PDF
Full model	31/03/2012	29/06/2012	24/08/2012	French	PDF
Full model	31/03/2011	30/07/2011	19/09/2011	French	PDF
Full modelCorrection	31/03/2010	30/07/2010	18/10/2010	French	PDF
Full model	31/03/2010	30/07/2010	23/08/2010	French	PDF
Full model	31/12/2008	30/09/2009	29/10/2009	French	PDF
Full model	31/12/2007	31/07/2008	20/11/2008	French	PDF
Full model	31/12/2006	31/05/2007	27/12/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 5 active · 49 ended

Active mandates

LISA CARRENO

Managing director · since 25 avril 2025 · until 22 mai 2029

Active

SHUK HAN CATHERINE WAI

Director · since 25 avril 2025 · until 22 mai 2029

Active

EMMANUEL BAIN

Director · since 05 novembre 2019 · until 31 mars 2026

Active

HO POON CHI

Director · since 31 août 2012 · until 22 mai 2029

Active

JOSEPHINE CHEUNG WAI WAI

Director · since 31 août 2012 · until 22 mai 2029

Active

Ended mandates

SCOTT BUTTERWORTH

Managing director · since 28 juillet 2021 · until 25 avril 2025

Ended

SCOTT BUTTERWORTH

Managing director · since 28 juillet 2021 · until 20 mai 2025

Ended

EMMANUEL BAIN

Director · since 05 novembre 2019 · until 17 mai 2020

Ended

EMMANUEL BAIN

Director · since 05 novembre 2019 · until 20 mai 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates14/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates07/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates30/07/2024
DEMISSIONS, NOMINATIONS
PDF
Other05/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/11/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates26/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates18/01/2021
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025373,1 k €↑
2024
Annual accounts 2024190,4 k €↓
2023
Annual accounts 2023349,5 k €↑
2022
Annual accounts 2022314,3 k €↑
2021
Annual accounts 2021259,8 k €↓
2020
Annual accounts 2020416,9 k €↑
2019
Annual accounts 2019391,8 k €↑
2018
Annual accounts 2018336,2 k €↓
2017
Annual accounts 2017340,8 k €↑
2016
Annual accounts 2016307,2 k €↓
2015
Annual accounts 2015343 k €↑
2014
Annual accounts 2014261,5 k €↓
2013
Annual accounts 2013313,4 k €↓
2012
Annual accounts 2012623,5 k €↓
2012
Annual accounts 2012648 k €↑
2011
Annual accounts 2011620,6 k €↓
2010
Annual accounts 2010796,2 k €↑
2008
Annual accounts 2008619 k €↑
2007
Annual accounts 2007596,1 k €↑
2006
Annual accounts 2006435 k €
15/02/2002
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GATEWAY COMMUNICATIONS

Overview

What does GATEWAY COMMUNICATIONS do?

Trend over 20 financial years

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