Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
NTT Belgium from Machelen (Brab.), company number BE0425907303, closed financial year 2026 with a result of € -2.2 million after tax. For that financial year NTT Belgium recorded revenue of € 422.6 million and equity of € 11.8 million. Compared with financial year 2025, the result moved from € -6.4 million to € -2.2 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 17, 2026.
€ 11.8 million
▼ 16% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.2 million
▲ 65 % less loss than in 2025
Profit after tax over the fiscal year.
€ 23.8 million
▲ 36% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.3 million.
People and assets in 2026
422.5
▼ 25.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 58.7 million
▲ 1% vs 2025
€ 138,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
€ 30.2 million
€ 206,498 is repaid this year. At this pace the long-term loan is gone in ≈ 146 years.
€ 119.5 million
▲ 5% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 117 days on average.
€ 15.6 million
▼ 15% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 400,982,591 | € 446,080,106 | € 431,601,816 | € 422,618,856 | ▼ 2% |
| Profit after taxes | € -7,190,290 | € 2,385,352 | € -6,356,442 | € -2,202,990 | ▲ € 4.2 million |
| Equity | € 18,022,602 | € 20,407,954 | € 14,051,512 | € 11,848,522 | ▼ 16% |
| Total debts | € 201,610,271 | € 204,475,905 | € 236,551,132 | € 242,564,997 | ▲ 3% |
| Cash | € 8,135,890 | € 12,933,299 | € 17,439,172 | € 23,788,983 | ▲ 36% |
| Retained profit | € -114,691 | € 2,270,661 | € -4,085,781 | € -6,288,771 | ▼ € 2.2 million |
| Bank debt | € 220,468 | € 0 | € 30,209,215 | € 30,206,498 | |
| Balance sheet total | € 220,046,440 | € 225,337,354 | € 251,271,954 | € 254,679,094 | ▲ 1% |
| Employees (FTE) | 479.3 | 465.1 | 447.7 | 422.5 | ▼ 25.2 |
Key figures of NTT Belgium, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to NTT Belgium?
What happened at NTT Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alberta Josephine Van Zyl stepped down as director. NBB
- Alexandros Sansoglou stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 2.2 million. Source: NBB ↗
- Robin Jonckheere stepped down as director. NBB
- Dirk Behrens stepped down as director. NBB
- Alberta Josephine Van Zyl became a director. NBB
- Roberto Lopez stepped down as director. NBB
- Roberto Lopez became a director. NBB
In short
From € 7.2 million loss in 2023 to € 2.2 million loss in 2026.
Paid € 1.5 million in corporate taxes since 2023.
Best year ever: 2024, with € 2.4 million profit.
Pays suppliers within 117 days on average.
Management
The shares are held by Comtech Holdings (100%).
Directors
According to the 2026 annual accounts
Robin Jonckheere
Managing director
since 2021 · until 2026
Dirk Behrens
Director
since 2021 · until 2025
since 2024 · until 2025
since 2025 · until 2031
Alexandros Sansoglou
Director
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Telecomlaan 5 box 7
1831 Machelen (Brab.)
Telecomlaan 5-7
1831 Machelen (Brab.)
Active since 1 July 1984
Avenue Georges Lemaitre 54
6041 Charleroi
Active since 24 November 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.907.303
- VAT number
- BE 0425.907.303
- Registered office
- Telecomlaan 5 bus 7, 1831 Machelen (Brab.)
- Names & denominations
- NTT Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 1984
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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