ACTIVE

TELESPAZIO BELGIUM

Financial year 2025 · Closed on 31/12/2025

Net result4,1 M €-7,9 %over 1 year
Revenue65,4 M €+9,5 %over 1 year
Equity4,1 M €+0,0 %over 1 year
Workforce64,9 ETP-5,5 %over 1 year

Identity

Source · BCE/KBO

TELESPAZIO BELGIUM is a Private limited company incorporated in 2008. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Bastogne. It employs on average 64,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0807.169.365
Incorporation
16/10/2008
Legal form
Private limited company
Registered office
Rue de La-Roche 38G
6600 Bastogne · WallonieSee on map
Contributed capital
1 282 750,00 €
Latest accounts
31/12/2025
Average workforce
64,9 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue65,4 M €59,7 M €56,1 M €51 M €44,2 M €
EBITDA5,7 M €4,3 M €6,2 M €5,5 M €5,4 M €
Operating result5,6 M €5,6 M €5,5 M €4,9 M €4,5 M €
Net result4,1 M €4,5 M €3,9 M €3,5 M €3,1 M €
Balance sheet
Equity4,1 M €4,1 M €4,1 M €4,1 M €4,1 M €
Total assets42 M €34 M €37,3 M €33,5 M €33,2 M €
Cash77,7 k €507,3 k €1,3 M €1,8 M €3 M €
Debts37,8 M €29,6 M €31,4 M €28,1 M €28,5 M €
Other
Workforce64,9 ETP68,7 ETP58,8 ETP40,4 ETP36,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 17 ended

Active mandates

Andrea BELLINI

Director · since 11 décembre 2025 · until 03 avril 2027

Active
Dominique CODRAN

Director · since 04 avril 2024 · until 03 avril 2027

Active
Federico ROSSI

Director · since 04 avril 2024 · until 03 avril 2027

Active
Francesco QUINTANO

Director · since 04 avril 2024 · until 03 avril 2027

Active
Giuseppe AURILIO

Director · since 04 avril 2024 · until 11 décembre 2025

Active
René DELCOMMINETTE

Director · since 04 avril 2024 · until 03 avril 2027

Active

Ended mandates

Giuseppe AURILIO

Director · since 04 avril 2024 · until 03 avril 2027

Ended
Francesco QUINTANO

Director · since 31 mars 2023 · until 03 avril 2024

Ended
Dominique CODRAN

Director · since 04 avril 2021 · until 03 avril 2024

Ended
Dominique CONARD

Director · since 04 avril 2021 · until 03 avril 2024

Ended

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 date09/04/202615/04/202515/04/202424/04/202307/04/202208/06/2021
General meeting31/03/202631/03/202502/04/202431/03/202331/03/202203/06/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202531/03/202609/04/2026FrenchPDF
Full model31/12/202431/03/202515/04/2025FrenchPDF
Full model31/12/202302/04/202415/04/2024FrenchPDF
Full model31/12/202231/03/202324/04/2023FrenchPDF
Full model31/12/202131/03/202207/04/2022FrenchPDF
Full model31/12/202003/06/202108/06/2021FrenchPDF
Full model31/12/201930/06/202002/07/2020FrenchPDF
Full model31/12/201827/06/201904/07/2019FrenchPDF
Full model31/12/201714/06/201818/06/2018FrenchPDF
Full model31/12/201628/06/201729/06/2017FrenchPDF
Full model31/12/201510/06/201620/06/2016FrenchPDF
Full model31/12/201430/06/201528/07/2015FrenchPDF
Full modelCorrection31/12/201303/06/201409/09/2014FrenchPDF
Full model31/12/201303/06/201424/07/2014FrenchPDF
Full model31/12/201217/06/201326/08/2013FrenchPDF
Full model31/12/201120/04/201230/08/2012FrenchPDF
Abridged model31/12/201013/05/201130/09/2011FrenchPDF
Abridged modelCorrection31/12/200913/05/201028/12/2010FrenchPDF
Abridged model31/12/200913/05/201005/07/2010FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

6 active · 17 ended

Active mandates

Andrea BELLINI

Director · since 11 décembre 2025 · until 03 avril 2027

Active
Dominique CODRAN

Director · since 04 avril 2024 · until 03 avril 2027

Active
Federico ROSSI

Director · since 04 avril 2024 · until 03 avril 2027

Active
Francesco QUINTANO

Director · since 04 avril 2024 · until 03 avril 2027

Active
Giuseppe AURILIO

Director · since 04 avril 2024 · until 11 décembre 2025

Active
René DELCOMMINETTE

Director · since 04 avril 2024 · until 03 avril 2027

Active

Ended mandates

Giuseppe AURILIO

Director · since 04 avril 2024 · until 03 avril 2027

Ended
Francesco QUINTANO

Director · since 31 mars 2023 · until 03 avril 2024

Ended
Dominique CODRAN

Director · since 04 avril 2021 · until 03 avril 2024

Ended
Dominique CONARD

Director · since 04 avril 2021 · until 03 avril 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/08/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other05/05/2026
    DIVERS
    PDF
  • Mandates13/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office26/11/2024
    SIEGE SOCIAL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20254,1 M €↓
  2. 2024
    Annual accounts 20244,5 M €↑
  3. 2023
    Annual accounts 20233,9 M €↑
  4. 2022
    Annual accounts 20223,5 M €↑
  5. 2021
    Annual accounts 20213,1 M €↑
  6. 2020
    Annual accounts 20202,7 M €↑
  7. 2019
    Annual accounts 20192,1 M €↑
  8. 2018
    Annual accounts 20181,9 M €↑
  9. 2017
    Annual accounts 20171,8 M €↑
  10. 2016
    Annual accounts 20161,2 M €↓
  11. 2015
    Annual accounts 20151,3 M €↑
  12. 2013
    Annual accounts 2013423,2 k €↑
  13. 2012
    Annual accounts 2012329,7 k €↑
  14. 2011
    Annual accounts 2011-266,9 k €↓
  15. 2010
    Annual accounts 2010252,7 k €↓
  16. 2009
    Annual accounts 2009368,4 k €
  17. 16/10/2008
    IncorporationPrivate limited company