Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 330.9 to 186.
-
Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
Tata Consultancy Services Belgium from Zaventem, company number BE0446780020, closed financial year 2026 with a result of € 4.4 million after tax. For that financial year Tata Consultancy Services Belgium recorded revenue of € 275.8 million and equity of € 45.7 million. Compared with financial year 2025, the result moved from € 4.2 million to € 4.4 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 45.7 million
▼ 14% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.4 million
▲ 3% vs 2025
Profit after tax over the fiscal year.
€ 1 million
▼ 92% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 12 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
186
▼ 83.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 75.8 million
▼ 9% vs 2025
€ 407,700 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.
€ 720,592
▲ 98% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 59.1 million
▲ 88% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 107 days on average.
€ 11.7 million
▼ 17% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 292,157,365 | € 316,491,768 | € 299,777,588 | € 275,826,480 | ▼ 8% |
| Profit after taxes | € 10,406,209 | € 13,323,210 | € 4,236,290 | € 4,376,080 | ▲ 3% |
| Equity | € 50,776,475 | € 64,099,684 | € 53,335,974 | € 45,712,054 | ▼ 14% |
| Total debts | € 67,628,800 | € 69,252,975 | € 48,771,812 | € 75,041,475 | ▲ 54% |
| Cash | € 5,866,006 | € 16,103,982 | € 12,078,237 | € 1,011,416 | ▼ 92% |
| Retained profit | € 50,587,816 | € 63,911,026 | € 53,147,315 | € 45,523,396 | ▼ 14% |
| Dividend | € 10,000,000 | € 0 | € 15,000,000 | € 12,000,000 | ▼ 20% |
| Balance sheet total | € 118,764,223 | € 133,721,008 | € 102,467,308 | € 121,107,827 | ▲ 18% |
| Employees (FTE) | 247 | 330.9 | 269.2 | 186 | ▼ 83.2 |
Key figures of Tata Consultancy Services 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 Tata Consultancy Services Belgium?
What happened at Tata Consultancy Services Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vennimalai RABINDRAN stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 4.4 million (▲ 3% vs 2025). Source: NBB ↗
- Sapthagiri CHAPALAPALLI stepped down as director. NBB
- Jipson MATHEW VARGHESE stepped down as director. NBB
- Vennimalai RABINDRAN became a director. NBB
- Sapthagiri CHAPALAPALLI became a director. NBB
- Jipson MATHEW VARGHESE became a director. NBB
- New establishment in Zaventem. KBO
In short
From € 10.4 million profit in 2023 to € 4.4 million profit in 2026.
Paid € 12.6 million in corporate taxes since 2023.
Best year ever: 2024, with € 13.3 million profit.
Paid out € 37 million in dividends to the owners in total.
Management
It owns 0% of Tata Consultancy Services Luxembourg SA itself.
Directors
According to the 2026 annual accounts
Sapthagiri CHAPALAPALLI
Managing director
since 2021 · until 2026
Jipson MATHEW VARGHESE
Managing director
since 2021 · until 2026
Vennimalai RABINDRAN
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Lenneke Marelaan 6
1932 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.780.020
- VAT number
- BE 0446.780.020
- Registered office
- Lenneke Marelaan 6, 1932 Zaventem
- Names & denominations
- Tata Consultancy Services Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1992
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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