ACTIVE

BELGIAN TOWER COMPANY

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Financial year 2026 · Closed on 31/03/2026

Net result-365,4 k €+32,7 %over 1 year

Revenue4,1 M €-48,8 %over 1 year

Equity3,2 M €-26,7 %over 1 year

Workforce7,2 ETP-26,5 %over 1 year

Identity

Source · BCE/KBO

BELGIAN TOWER COMPANY is a Public limited company incorporated in 2009. Its main activity is: Wired telecommunications activities. Its registered office is in Schoten. It employs on average 7,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0808.922.491
Incorporation: 08/01/2009
Legal form: Public limited company
Registered office: Houtvesterdreef 1
2900 Schoten · FlandreSee on map
Contributed capital: 1 493 818,00 €
Latest accounts: 31/03/2026
Average workforce: 7,2 ETP

Activities (NACE)

61100Wired telecommunications activities· main 61200Wireless telecommunications activities 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 17 filings

Trend over 17 financial years

	2026		2025		2023		2022		2021
Income statement
Revenue	4,1 M €	-48.8%	7,9 M €	-11.0%	8,9 M €	+9.8%	8,1 M €	+7.4%	7,5 M €
EBITDA	219,8 k €	-88.2%	1,9 M €	-53.5%	4 M €	+38.1%	2,9 M €	-3.1%	3 M €
Operating result	-357,4 k €	+34.5%	-545,7 k €	-128%	2 M €	+582%	286,9 k €	-45.6%	527,8 k €
Net result	-365,4 k €	+32.7%	-542,8 k €	-137%	1,5 M €	+751%	170,8 k €	-43.2%	300,9 k €
Balance sheet
Equity	3,2 M €	-26.7%	4,4 M €	-20.8%	5,5 M €	+35.9%	4 M €	-45.1%	7,4 M €
Total assets	6,4 M €	-12.6%	7,3 M €	-2.6%	7,5 M €	-20.1%	9,4 M €	-26.3%	12,8 M €
Cash	2,8 M €	+64.2%	1,7 M €	+451%	314,8 k €	-7.6%	340,7 k €	+77.2%	192,2 k €
Debts	1,5 M €	+14.7%	1,3 M €	-0.8%	1,3 M €	-72.3%	4,7 M €	-1.7%	4,8 M €
Other
Workforce	7,2 ETP	-26.5%	9,8 ETP	-4.9%	10,3 ETP	-6.4%	11,0 ETP	-9.8%	12,2 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 31/03/2026

2 active · 30 ended

Active mandates

Hagay Shilo

Director · since 15 janvier 2024 · until 27 juin 2030

Active

Kevin Moroney

Director · since 15 janvier 2024 · until 27 juin 2030

Active

Ended mandates

Hagay Shilo

Director · since 15 janvier 2024 · until 25 avril 2030

Ended

Kevin Moroney

Director · since 15 janvier 2024 · until 24 mai 2030

Ended

Sebastien Tobback

Director · since 07 décembre 2021 · until 28 avril 2022

Ended

Sebastien Tobback

Director · since 07 décembre 2021 · until 15 janvier 2024

Ended

Full financial information

Source · NBB

	2026	2025	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/03/2026	31/03/2025	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	15 months	12 months	12 months	12 months	12 months
Filing date	22/07/2026	16/07/2025	29/05/2024	19/06/2023	20/05/2022	31/05/2021
General meeting	25/06/2026	26/06/2025	25/04/2024	27/04/2023	28/04/2022	29/04/2021
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, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2026	25/06/2026	22/07/2026	Dutch	PDF
Full model	31/03/2025	26/06/2025	16/07/2025	Dutch	PDF
Full model	31/12/2023	25/04/2024	29/05/2024	Dutch	PDF
Full model	31/12/2022	27/04/2023	19/06/2023	Dutch	PDF
Full model	31/12/2021	28/04/2022	20/05/2022	Dutch	PDF
Full model	31/12/2020	29/04/2021	31/05/2021	Dutch	PDF
Full model	31/12/2019	30/04/2020	29/05/2020	Dutch	PDF
Full model	31/12/2018	25/04/2019	23/05/2019	Dutch	PDF
Full model	31/12/2017	26/04/2018	28/05/2018	Dutch	PDF
Full model	31/12/2016	27/04/2017	08/06/2017	Dutch	PDF
Full model	31/12/2015	28/04/2016	10/05/2016	Dutch	PDF
Full model	31/12/2014	30/04/2015	26/05/2015	Dutch	PDF
Full model	31/12/2013	24/04/2014	12/05/2014	Dutch	PDF
Full model	31/12/2012	25/04/2013	14/05/2013	Dutch	PDF
Full model	31/12/2011	26/04/2012	30/05/2012	Dutch	PDF
Full model	31/12/2010	28/04/2011	27/05/2011	Dutch	PDF
Full model	31/12/2009	29/04/2010	13/07/2010	Dutch	PDF

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 31/03/2026

2 active · 30 ended

Active mandates

Hagay Shilo

Director · since 15 janvier 2024 · until 27 juin 2030

Active

Kevin Moroney

Director · since 15 janvier 2024 · until 27 juin 2030

Active

Ended mandates

Hagay Shilo

Director · since 15 janvier 2024 · until 25 avril 2030

Ended

Kevin Moroney

Director · since 15 janvier 2024 · until 24 mai 2030

Ended

Sebastien Tobback

Director · since 07 décembre 2021 · until 28 avril 2022

Ended

Sebastien Tobback

Director · since 07 décembre 2021 · until 15 janvier 2024

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other13/01/2025
BENAMING - DIVERSEN - DOEL - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates06/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/10/2018
KAPITAAL - AANDELEN
PDF
Capital / shares12/01/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/06/2016
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2026
Annual accounts 2026-365,4 k €↑
2025
Annual accounts 2025-542,8 k €↓
2025
Name changeBelgian Tower Company
2023
Annual accounts 20231,5 M €↑
2022
Annual accounts 2022170,8 k €↓
2021
Annual accounts 2021300,9 k €↑
2020
Annual accounts 2020-141,5 k €↓
2019
Annual accounts 20191,6 M €↓
2018
Annual accounts 20183,5 M €↑
2017
Annual accounts 20172,7 M €↓
2016
Annual accounts 201618,1 M €↑
2015
Annual accounts 20156,1 M €↑
2014
Annual accounts 20145,6 M €↓
2013
Annual accounts 20135,7 M €↓
2012
Annual accounts 20127 M €↑
2011
Annual accounts 20116,5 M €↑
2010
Annual accounts 20102,3 M €↑
2009
Annual accounts 2009785,1 k €
08/01/2009
IncorporationPublic limited company
2009
Name changeNorkring Belgie

BELGIAN TOWER COMPANY

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