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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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
65 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Valtilon Belgium NV from Etterbeek, company number BE0643457715, closed financial year 2025 with a result of € -444,757 after tax. For that financial year Valtilon Belgium NV recorded a gross margin of € 799 and equity of € 10.7 million. Compared with financial year 2024, the result moved from € 163,816 to € -444,757. The company made a loss. 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 June 9, 2026.
€ 10.7 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -444,757
▼ still € 163,816 profit in 2024
Profit after tax over the fiscal year.
€ 58,778
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.1 million.
People and assets in 2025
4.3
▲ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 349,053
▲ € 297,652 vs 2024
€ 81,200 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.
€ 1,170
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
▼ 15% vs 2024
€ 330,002 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 257,852
▲ € 255,194 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,658
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,157,117 | € 427,090 | € 298,873 | € 799 | ▼ € 298,074 |
| Profit after taxes | € 1,041,205 | € 280,692 | € 163,816 | € -444,757 | ▼ € 608,573 |
| Equity | € 10,684,974 | € 10,965,666 | € 11,129,483 | € 10,684,726 | ▼ 4% |
| Total debts | € 3,229,636 | € 2,764,017 | € 2,497,076 | € 2,899,564 | ▲ 16% |
| Cash | € 88 | € 469,840 | € 59,327 | € 58,778 | ▼ 1% |
| Land & buildings | € 12,702,609 | € 12,888,551 | € 12,744,271 | € 12,782,455 | |
| Retained profit | € 3,092,625 | € 3,373,317 | € 3,537,134 | € 3,092,377 | ▼ 13% |
| Bank debt | € 3,089,084 | € 2,527,036 | € 2,223,233 | € 1,900,787 | ▼ 15% |
| Balance sheet total | € 13,914,610 | € 13,729,683 | € 13,626,559 | € 13,584,289 | |
| Employees (FTE) | - | - | 1 | 4.3 | ▲ 3.3 |
Key figures of Valtilon Belgium NV, 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 Valtilon Belgium NV?
What happened at Valtilon Belgium NV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Wouter Endert stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 444,757 (▼ € 608,573 vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
- COCO & CO BV stepped down as director. NBB
- Wouter Endert became a director. NBB
- Christoph Steffens became a director. NBB
- Josef Maur became a director. NBB
- COCO & CO BV became a director. NBB
In short
From € 1 million profit in 2022 to € 444,757 loss in 2025.
Paid € 7,867 in corporate taxes since 2022.
Best year ever: 2022, with € 1 million profit.
On average € 200 of value added per employee in 2025.
A new publication or filing at Valtilon Belgium NV? We notify you, reason included.
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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
Behind Valtilon Belgium NV are Christoph Steffens and Josef Maur. It owns 100% of Theia Infrastructure Limited itself.
Directors
According to the 2025 annual accounts
Christoph Steffens
Director
since 2024
Josef Maur
Director
since 2023
Wouter Endert
Director
since 2025 · until 2030
Director · represented by Kris Rombouts-Heylen
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Sint-Michielslaan 65 box 6
1040 Etterbeek
Schaliënhoevedreef 20 box T
2800 Mechelen
Active since 4 December 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 65 companies are registered at this address.
All companies at this address →IMMO - JACO
€ 6.6 million gross margin · 2025
SERVINVEST
BUILDWARE
Auxadi Belgium Accounting Services
€ 1.5 million gross margin · 2025
Hello Reno
+60 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0643.457.715
- VAT number
- BE 0643.457.715
- Registered office
- Sint-Michielslaan 65 bus 6, 1040 Etterbeek
- Names & denominations
- Valtilon Belgium NV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2015
- Peppol
- Active · Active since 28 Jan 2026
- Activities · NACE
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Draadloze telecommunicatie
Wederverkoop van telecommunicatie en bemiddelingsactiviteiten in verband met telecommunicatie
Telecommunicatie via satelliet
Overige telecommunicatie