Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 605.9 to 485.2.
Financials
Financial year 2025
THALES ALENIA SPACE BELGIUM from Charleroi, company number BE0437598573, closed financial year 2025 with a result of € -31.9 million after tax. For that financial year THALES ALENIA SPACE BELGIUM recorded revenue of € 60 million and equity of € 72.6 million. Compared with financial year 2024, the result moved from € -29.1 million to € -31.9 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 72.6 million
▲ € 67.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31.9 million
▼ 10 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3.3 million
▲ 121% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 33.3 million.
People and assets in 2025
485.2
▼ 118.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 60.8 million
▲ 4% vs 2024
€ 125,300 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.
€ 333,500
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 61.7 million
▼ 59% vs 2024
Loans from banks and other lenders, long and short.
€ 14.7 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 99 days on average.
€ 12.9 million
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 60,838,065 | € 69,883,833 | € 68,078,201 | € 60,019,624 | ▼ 12% |
| Profit after taxes | € -10,887,470 | € -13,744,133 | € -29,107,673 | € -31,873,783 | ▼ € 2.8 million |
| Equity | € 51,835,053 | € 38,797,936 | € 5,534,001 | € 72,633,531 | ▲ € 67.1 million |
| Total debts | € 163,461,074 | € 202,112,768 | € 214,899,200 | € 125,243,994 | ▼ 42% |
| Cash | € 7,055,563 | € 3,789,721 | € 1,511,141 | € 3,335,108 | ▲ 121% |
| Land & buildings | € 7,529,166 | € 7,214,642 | € 6,599,000 | € 5,414,622 | ▼ 18% |
| Retained profit | € 8,074,908 | € -5,669,225 | € -34,776,897 | € 33,349,319 | ▲ € 68.1 million |
| Bank debt | € 76,063,294 | € 111,758,675 | € 150,898,691 | € 61,674,240 | ▼ 59% |
| Balance sheet total | € 221,573,639 | € 246,774,775 | € 240,703,142 | € 211,699,897 | ▼ 12% |
| Employees (FTE) | 613.4 | 605.9 | 604.1 | 485.2 | ▼ 118.9 |
Key figures of THALES ALENIA SPACE BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to THALES ALENIA SPACE BELGIUM?
What happened at THALES ALENIA SPACE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pierre DESMAELE stepped down as director. NBB
- Roberto MINELLA stepped down as director. NBB
- Alain QUEVRIN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 31.9 million. Source: NBB ↗
- Eric MANZON stepped down as director. NBB
- Roberto MINELLA became a director. NBB
- Pierre DESMAELE became a director. NBB
- Eric MANZON became a director. NBB
In short
From € 10.9 million loss in 2022 to € 31.9 million loss in 2025.
Pays suppliers within 99 days on average.
A new publication or filing at THALES ALENIA SPACE BELGIUM? We notify you, reason included.
Follow THALES ALENIA SPACE BELGIUMDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by THALES ALENIA SPACE FRANCE (100%) and THALES ALENIA SPACE.
Directors
According to the 2025 annual accounts
Pierre DESMAELE
Managing director
since 2024 · until 2027
Roberto MINELLA
Director
since 2024 · until 2027
Eric MANZON
Director
since 2023 · until 2026
Alain QUEVRIN
Director
since 2021 · until 2027
Shareholders
THALES ALENIA SPACE FRANCE
100%
THALES ALENIA SPACE
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Chapelle Beaussart 101
6032 Charleroi
Gaston Geenslaan 9
3001 Leuven
Active since 1 March 2014
Kempische steenweg 293
3500 Hasselt
Active since 10 September 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.598.573
- VAT number
- BE 0437.598.573
- Registered office
- Rue Chapelle Beaussart 101, 6032 Charleroi
- Names & denominations
- THALES ALENIA SPACE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected]
- Activities · NACE
Vervaardiging van elektronische onderdelen