ACTIVE

Telespazio BeNeLux

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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 BeNeLux 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

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	65,4 M €	+9.5%	59,7 M €	+6.5%	56,1 M €	+9.9%	51 M €	+15.5%	44,2 M €
EBITDA	5,7 M €	+34.1%	4,3 M €	-31.3%	6,2 M €	+13.1%	5,5 M €	+2.0%	5,4 M €
Operating result	5,6 M €	+1.3%	5,6 M €	+0.8%	5,5 M €	+12.7%	4,9 M €	+9.3%	4,5 M €
Net result	4,1 M €	-7.9%	4,5 M €	+15.6%	3,9 M €	+8.9%	3,5 M €	+16.4%	3,1 M €
Balance sheet
Equity	4,1 M €	+0.0%	4,1 M €	0.0%	4,1 M €	0.0%	4,1 M €	+0.0%	4,1 M €
Total assets	42 M €	+23.5%	34 M €	-9.0%	37,3 M €	+11.4%	33,5 M €	+1.0%	33,2 M €
Cash	77,7 k €	-84.7%	507,3 k €	-60.3%	1,3 M €	-28.2%	1,8 M €	-41.1%	3 M €
Debts	37,8 M €	+27.7%	29,6 M €	-5.9%	31,4 M €	+11.7%	28,1 M €	-1.2%	28,5 M €
Other
Workforce	64,9 ETP	-5.5%	68,7 ETP	+16.8%	58,8 ETP	+45.5%	40,4 ETP	+11.0%	36,4 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 · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Andrea BELLINI	Director11/12/2025 → 03/04/2027
Dominique CODRAN	Director04/04/2021 → 03/04/2027
Federico ROSSI	Director04/04/2021 → 03/04/2027Manager04/04/2018 → 2019 accountsended
Francesco QUINTANO	Director31/03/2023 → 03/04/2027
Giuseppe AURILIO	Director04/04/2021 → 03/04/2027
René DELCOMMINETTE	Director04/04/2021 → 03/04/2027Manager04/04/2018 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dominique CONARD	Director04/04/2021 → 2022 accounts
Stefano BENSO	Director04/04/2021 → 2023 accounts
Dominique Tilmans	Manager04/04/2018 → 2019 accounts

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	09/04/2026	15/04/2025	15/04/2024	24/04/2023	07/04/2022	08/06/2021
General meeting	31/03/2026	31/03/2025	02/04/2024	31/03/2023	31/03/2022	03/06/2021
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	31/03/2026	09/04/2026	French	PDF
Full model	31/12/2024	31/03/2025	15/04/2025	French	PDF
Full model	31/12/2023	02/04/2024	15/04/2024	French	PDF
Full model	31/12/2022	31/03/2023	24/04/2023	French	PDF
Full model	31/12/2021	31/03/2022	07/04/2022	French	PDF
Full model	31/12/2020	03/06/2021	08/06/2021	French	PDF
Full model	31/12/2019	30/06/2020	02/07/2020	French	PDF
Full model	31/12/2018	27/06/2019	04/07/2019	French	PDF
Full model	31/12/2017	14/06/2018	18/06/2018	French	PDF
Full model	31/12/2016	28/06/2017	29/06/2017	French	PDF
Full model	31/12/2015	10/06/2016	20/06/2016	French	PDF
Full model	31/12/2014	30/06/2015	28/07/2015	French	PDF
Full modelCorrection	31/12/2013	03/06/2014	09/09/2014	French	PDF
Full model	31/12/2013	03/06/2014	24/07/2014	French	PDF
Full model	31/12/2012	17/06/2013	26/08/2013	French	PDF
Full model	31/12/2011	20/04/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	13/05/2011	30/09/2011	French	PDF
Abridged modelCorrection	31/12/2009	13/05/2010	28/12/2010	French	PDF
Abridged model	31/12/2009	13/05/2010	05/07/2010	French	PDF

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 · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Andrea BELLINI	Director11/12/2025 → 03/04/2027
Dominique CODRAN	Director04/04/2021 → 03/04/2027
Federico ROSSI	Director04/04/2021 → 03/04/2027Manager04/04/2018 → 2019 accountsended
Francesco QUINTANO	Director31/03/2023 → 03/04/2027
Giuseppe AURILIO	Director04/04/2021 → 03/04/2027
René DELCOMMINETTE	Director04/04/2021 → 03/04/2027Manager04/04/2018 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dominique CONARD	Director04/04/2021 → 2022 accounts
Stefano BENSO	Director04/04/2021 → 2023 accounts
Dominique Tilmans	Manager04/04/2018 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other13/10/2026
Pouvoirs
PDF
Mandates07/10/2026
DENOMINATION, STATUTS (TRADUCTION, COORDINATION,
PDF
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

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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

Filings16 filings

Mandates

Andrea BELLINI

René DELCOMMINETTE

Federico ROSSI

Francesco QUINTANO

Giuseppe AURILIO

Dominique CODRAN

Dominique CONARD

Stefano BENSO

Marco ZANNI

Dominique Tilmans

Riccardo GRAZI

20082009201020112012201320142015201620172018201920202021202220232024202520262027

Telespazio Belgium SRL

Rue de La-Roche 38 G, 6600 BastogneDevant les Hêtres,Transinne 2, 6890 Libin

Director

DirectorManager

Director

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de La-Roche 38G, 6600 BastogneCurrent		CBE
Rue de La-Roche 38 G, 6600 Bastogne	accounts 2024 → 2025	Accounts 2025 · 2026-00075532
Devant les Hêtres,Transinne 2, 6890 Libin	accounts 2021 → 2023	Accounts 2023 · 2024-00062929

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Telespazio BeNeLuxCurrent	CBE since 06/10/2026	CBE
TELESPAZIO BELGIUM	CBE until 06/10/2026	CBE
Telespazio Belgium SRL	accounts 2021 → 2025	Accounts 2025 · 2026-00075532

Events

06/10/2026
Name changeTelespazio BeNeLux
2025
Annual accounts 20254,1 M €↓
2024
Annual accounts 20244,5 M €↑
2023
Annual accounts 20233,9 M €↑
2022
Annual accounts 20223,5 M €↑
2021
Annual accounts 20213,1 M €↑
2020
Annual accounts 20202,7 M €↑
2019
Annual accounts 20192,1 M €↑
2018
Annual accounts 20181,9 M €↑
2017
Annual accounts 20171,8 M €↑
2016
Annual accounts 20161,2 M €↓
2015
Annual accounts 20151,3 M €↑
2013
Annual accounts 2013423,2 k €↑
2012
Annual accounts 2012329,7 k €↑
2011
Annual accounts 2011-266,9 k €↓
2010
Annual accounts 2010252,7 k €↓
2009
Annual accounts 2009368,4 k €
16/10/2008
IncorporationPrivate limited company

Telespazio BeNeLux

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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