Financials
Financial year 2024
TELEKOM HELLENIC BUSINESS SOLUTIONS from Brussel, company number BE0700928037, closed financial year 2024 with a result of € 6.3 million after tax. For that financial year TELEKOM HELLENIC BUSINESS SOLUTIONS recorded revenue of € 41.5 million and equity of € 15.9 million. Compared with financial year 2023, the result moved from € 4.2 million to € 6.3 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 January 15, 2026.
€ 15.9 million
▲ 66% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.3 million
▲ 51% vs 2023
Profit after tax over the fiscal year.
€ 6.6 million
▼ 24% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 10.2 million.
People and assets in 2024
1.8
▲ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 276,777
▲ 14% vs 2023
€ 153,800 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 2024
€ 5 million
Loans from banks and other lenders, long and short.
€ 12.1 million
▲ 38% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 113 days on average.
€ 18,268
▼ 2% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 570,111 | - | - | € 41,461,645 | |
| Gross margin | € -185,421 | € 513,227 | € 5,844,577 | - | |
| Profit after taxes | € -193,527 | € 419,848 | € 4,181,019 | € 6,314,703 | ▲ 51% |
| Equity | € 1,670,739 | € 5,365,587 | € 9,546,606 | € 15,861,309 | ▲ 66% |
| Total debts | € 155,987 | € 6,713,401 | € 14,090,927 | € 19,827,356 | ▲ 41% |
| Cash | € 1,363,486 | € 4,060,719 | € 8,769,764 | € 6,623,631 | ▼ 24% |
| Retained profit | € -754,261 | € -334,413 | € 3,846,606 | € 10,161,309 | ▲ 164% |
| Bank debt | € 0 | € 0 | € 5,000,000 | € 5,000,000 | |
| Balance sheet total | € 1,826,726 | € 12,078,988 | € 23,637,532 | € 35,688,665 | ▲ 51% |
| Employees (FTE) | 1 | 0.6 | 1.6 | 1.8 | ▲ 0.2 |
Key figures of TELEKOM HELLENIC BUSINESS SOLUTIONS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TELEKOM HELLENIC BUSINESS SOLUTIONS?
What happened at TELEKOM HELLENIC BUSINESS SOLUTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 6.3 million (▲ 51% vs 2023). filed late Source: NBB ↗
- Irene Florescu stepped down as director. NBB
- Lykourgos Antonopoulos stepped down as director. NBB
- Irene Florescu became a director. NBB
- Lykourgos Antonopoulos became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 193,527 loss in 2021 to € 6.3 million profit in 2024.
Paid € 3.4 million in corporate taxes since 2021.
Best year ever: 2024, with € 6.3 million profit.
On average € 3.7 million of value added per employee in 2023.
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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
The shares are held by Cosmote E-Value Contact Center Services SA and Hellenic Telecommunications Organization S.A.
Directors
According to the 2024 annual accounts
Irene Florescu
Director
Also active at: INTERTRUST (BELGIUM), GELASE, PEGASON, BAYREUTH, ELSINORE, Davos, CAPRESE II, FIGUERAS +6 more
since 2023 · until 2026
Lykourgos Antonopoulos
Director
since 2023 · until 2026
Shareholders
Cosmote E-Value Contact Center Services SA
Hellenic Telecommunications Organization S.A
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kunstlaan 56
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
INCAPSULA - Incapsula Inc, US
Domain
Domain
cosmote-gs.com
Registered
2018-10-28
Registrar
OnlineNIC, Inc.
Expires
2026-10-28
Website info
Features
Security
Network
Details
- Company number
- 0700.928.037
- VAT number
- BE 0700.928.037
- Registered office
- Kunstlaan 56, 1000 Brussel
- Names & denominations
- TELEKOM HELLENIC BUSINESS SOLUTIONS · Telekom HBS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 August 2018
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- cosmote-gs.com
- Activities · NACE
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