Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
- Figures corrected afterwards (2021).
Revenue
€ 2,115.8 million
▼ 1% vs 2024
Profit
Growing€ 5.6 million
▲ 118% vs 2024
Debts
Low€ 1,778.4 million
▼ 1% vs 2024
TELENET from Mechelen, company number BE0473416418, closed financial year 2025 with a result of € 5.6 million after tax. For that financial year TELENET recorded revenue of € 2,115.8 million and equity of € 2,699.6 million. Compared with financial year 2024, the result moved from € -31.1 million to € 5.6 million. Profitable, and profit is growing. 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 24, 2026.
What happened at TELENET?
What happened at TELENET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bart van Sprundel stepped down as director. NBB
- Silvia Brady stepped down as director. NBB
- John Clinton II Porter stepped down as director. NBB
- Geert Degezelle stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5.6 million. Source: NBB ↗
- Bart van Sprundel became a director. NBB
- Dieter Nieuwdorp stepped down as director. NBB
- Silvia Brady became a director. NBB
In short
From € 202.3 million profit in 2021 to € 5.6 million profit in 2025.
Paid € 223.8 million in corporate taxes since 2021.
Best year ever: 2023, with € 3,826.8 million profit.
Paid out € 2,087.7 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
It owns 100% of Eltrona Interdiffusion S.A, 100% of Telenet Solutions Luxemburg, 100% of Blossom Energy, 100% of Telenet Retail, 100% of Telenet International Finance and 66.8% of Wyre Holding itself.
Directors
According to the 2025 annual accounts
Bart van Sprundel
Director
Also active at: Telenet Group, TELENET GROUP HOLDING, Wyre Holding +3 more
since 2026 · until 2030
since 2017 · until 2028
Dieter Nieuwdorp
Director
Also active at: Vlaams Netwerk van Ondernemingen, TELENET VLAANDEREN, Telenet Group +1 more
since 2018 · until 2026
Geert Degezelle
Director
since 2023 · until 2028
since 2026 · until 2030
Peter Willekens
Director
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Liersesteenweg(MeSK) 4
2800 Mechelen
Liersesteenweg 4
2800 Mechelen
Active since 29 May 2002
Saffierstraat(HRT) 5
2200 Herentals
Active since 4 May 2005
Chazallaan 140
1030 Schaarbeek
Active since 1 February 2008
Sluisweg 1 box 12
9000 Gent
Active since 1 February 2015
Koralenhoeve 15
2160 Wommelgem
Active since 5 May 2019
Ambachtenstraat 33
8870 Izegem
Active since 1 March 2020
Weihoek 1
1930 Zaventem
Active since 1 December 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
Details
- Company number
- 0473.416.418
- VAT number
- BE 0473.416.418
- Registered office
- Liersesteenweg(MeSK) 4, 2800 Mechelen
- Names & denominations
- Nextel · TELENET · Hostbasket
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2000
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Draadloze telecommunicatie
Productie van televisieprogramma's
Samenstellen en uitzenden van televisieprogramma’s en distributie van video’s
Activiteiten van hoofdkantoren