ACTIVE

TELEVIC

Financial year 2025 · Closed on 31/12/2025

Net result9,1 M €-14,1 %over 1 year
Revenue63,2 M €+17,3 %over 1 year
Equity40,2 M €+151,6 %over 1 year
Workforce101,5 ETP+131,7 %over 1 year

Identity

Source · BCE/KBO

TELEVIC is a Public limited company incorporated in 2010. Its main activity is: Manufacture of communication equipment. Its registered office is in Izegem. It employs on average 101,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0825.535.920
Incorporation
29/04/2010
Legal form
Public limited company
Registered office
Leo Bekaertlaan 1
8870 Izegem · FlandreSee on map
Contributed capital
571 452,77 €
Latest accounts
31/12/2025
Average workforce
101,5 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 16 filings

Trend over 14 financial years

20252023202220212020
Income statement
Revenue63,2 M €53,8 M €42 M €35,1 M €26,2 M €
EBITDA11 M €14,2 M €6 M €5 M €3,4 M €
Operating result10,5 M €13,5 M €5,7 M €4,8 M €3,2 M €
Net result9,1 M €10,6 M €3,4 M €4 M €2,7 M €
Balance sheet
Equity40,2 M €16 M €17,4 M €14 M €10 M €
Total assets51,3 M €26,4 M €27,7 M €20,1 M €15,9 M €
Cash28,8 M €6,5 M €8 M €9,8 M €7,3 M €
Debts9,1 M €8,7 M €9,1 M €5,2 M €5 M €
Other
Workforce101,5 ETP43,8 ETP43,2 ETP44,5 ETP47,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
3TEC0729.566.001Represented by Thomas Verstraeten
Managing director25/07/2019 → 29/06/2027
KORDAN0729.908.964Represented by Lieven Danneels
Managing director25/07/2019 → 29/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Daninvest NV0464.456.289Represented by Lieven Danneels
Managing director27/06/2015 → 2019 accounts
Vertec NV0464.446.688Represented by Thomas Verstraeten
Managing director27/06/2015 → 25/07/2019

Other companies at this address

Leo Bekaertlaan 1 8870 Izegem
CompanyCBE no.
ASEM● Active
0653.781.681
1015.700.460
DANVER● Active
0737.989.955
0825.537.306
IMMOMANDEL● Active
0847.021.618
0786.925.168
0405.314.795
TELEVIC GROUP● Active
0402.757.955
TELEVIC RAIL● Active
0825.539.581
TIFS● Active
0831.204.480

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 date29/06/202608/07/202518/07/202413/07/202315/07/202214/07/2021
General meeting05/06/202613/06/202521/06/202423/06/202324/06/202218/06/2021
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, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202629/06/2026DutchPDF
Full model31/12/202413/06/202508/07/2025DutchPDF
Full model31/12/202321/06/202418/07/2024DutchPDF
Full model31/12/202223/06/202313/07/2023DutchPDF
Full model31/12/202124/06/202215/07/2022DutchPDF
Full model31/12/202018/06/202114/07/2021DutchPDF
Full model31/12/201921/08/202024/09/2020DutchPDF
Full model31/12/201829/03/201926/04/2019DutchPDF
Full model31/12/201701/06/201825/06/2018DutchPDF
Full model31/12/201631/05/201729/06/2017DutchPDF
Full model31/12/201530/06/201618/07/2016DutchPDF
Full model31/12/201427/06/201523/07/2015DutchPDF
Full model31/12/201327/06/201425/07/2014DutchPDF
Full model31/12/201222/06/201319/07/2013DutchPDF
Full model31/12/201128/06/201211/07/2012DutchPDF
Full model31/12/201023/05/201122/06/2011DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
3TEC0729.566.001Represented by Thomas Verstraeten
Managing director25/07/2019 → 29/06/2027
KORDAN0729.908.964Represented by Lieven Danneels
Managing director25/07/2019 → 29/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Daninvest NV0464.456.289Represented by Lieven Danneels
Managing director27/06/2015 → 2019 accounts
Vertec NV0464.446.688Represented by Thomas Verstraeten
Managing director27/06/2015 → 25/07/2019

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring21/05/2024
    BENAMING - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/02/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates23/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates16/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares13/12/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates23/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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
Filings14 filings
Mandates
3TEC
KORDAN
Vertec NV
Daninvest NV
201020112012201320142015201620172018201920202021202220232024202520262027
TELEVICTelevic Conference
Leo Bekaertlaan 1, 8870 Izegem
Managing director
Managing director
Managing director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Leo Bekaertlaan 1, 8870 IzegemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00229494

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
TELEVICCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00229494
Televic Conference
accounts 2011 → 2022
Accounts 2022 · 2023-00242057

Events

  1. 2025
    Annual accounts 20259,1 M €↓
  2. 2023
    Annual accounts 202310,6 M €↑
  3. 2023
    Name changeTELEVIC
  4. 2022
    Annual accounts 20223,4 M €↓
  5. 2021
    Annual accounts 20214 M €↑
  6. 2020
    Annual accounts 20202,7 M €↓
  7. 2019
    Annual accounts 20192,7 M €↓
  8. 2018
    Annual accounts 20182,8 M €↑
  9. 2017
    Annual accounts 20171,5 M €↓
  10. 2016
    Annual accounts 20162,3 M €↑
  11. 2015
    Annual accounts 2015-976,2 k €↓
  12. 2014
    Annual accounts 2014690,5 k €↓
  13. 2013
    Annual accounts 20131,4 M €↑
  14. 2012
    Annual accounts 20121,3 M €↑
  15. 2011
    Annual accounts 2011773,7 k €
  16. 29/04/2010
    IncorporationPublic limited company