Wyre is a holding company in Mechelen. Private Limited, started on 29 June 2022, 4 establishments.

What is the address of Wyre?

The registered office of Wyre is located at Blarenberglaan 2C, 2800 Mechelen.

Is Wyre still active?

Yes. According to the CBE (29 October 2026) Wyre is active, legal situation “Normale toestand”, started on 29 June 2022.

Is Wyre registered on Peppol?

Yes, Wyre is registered on the Peppol network with ID 0208:0787805690.

What is the enterprise number of Wyre?

The enterprise number of Wyre is BE0787805690.

When was Wyre founded?

Wyre was founded on 29 June 2022.

Who are the directors of Wyre?

According to the 2025 annual accounts, the directors of Wyre are: Luk Bruynseels, Edward Hughes, John Porter II, Silvia Brady, Jan Desmeth, Kirsten Florentie, Wim Dries, Johannes Baptiste Paulus Coopmans.

Is Wyre a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 June 2022; 3 annual accounts filed, latest fiscal year 2025; 12 directors known from the annual account; 4 establishments in the CBE.

How much profit did Wyre make in 2025?

Wyre posted a profit after taxes of € 27,806,588 in financial year 2025.

What is the revenue of Wyre?

In its most recent annual accounts (2025), Wyre reported revenue of € 690,963,608.

How much does an employee at Wyre earn?

The average wage cost per full-time employee at Wyre was € 120,600 in 2025: staff costs of € 28 million for 232.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Wyre have?

According to the 2025 annual accounts, Wyre has 232.6 full-time equivalents (FTE).

Wyre (Private Limited) - Mechelen - BE0787805690

Dossier Wyre, printed on 29 October 2026 from databakkes.be/en/0787805690/wyre. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Wyre from Mechelen, company number BE0787805690, closed financial year 2025 with a result of € 27.8 million after tax. For that financial year Wyre recorded revenue of € 691 million and equity of € 687.1 million. Compared with financial year 2024, the result moved from € -30.2 million to € 27.8 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.

What it is worth Growing

€ 687.1 million

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 27.8 million

▲ still € 30.2 million loss in 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -69.7 million.

People and assets in 2025

Full-time equivalents

232.6

▲ 30.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 170.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 28 million

▲ 12% vs 2024

€ 120,600 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.

Vehicles and equipment

€ 6,231

▼ 15% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11395 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2 billion

▼ 17% vs 2024

€ 176,402 is repaid this year. At this pace the long-term loan is gone in ≈ 11395 years.

Owed to suppliers

€ 169.5 million

▼ 18% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 362 days on average.

Taxes and wages

€ 189.7 million

▲ 38% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Revenue	€ 345,836,500 Revenue 2023: € 345,836,500 First fiscal year in the series	€ 683,175,963 Revenue 2024: € 683,175,963 ▲ 98% vs 2023 (€ 345,836,500) Favourable step	€ 690,963,608 Revenue 2025: € 690,963,608 ▲ 1% vs 2024 (€ 683,175,963) Favourable step	▲ 1%
Profit after taxes	€ -67,269,829 Profit after taxes 2023: € -67,269,829 First fiscal year in the series	€ -30,208,091 Profit after taxes 2024: € -30,208,091 ▲ € 37.1 million vs 2023 (€ -67,269,829) Favourable step	€ 27,806,588 Profit after taxes 2025: € 27,806,588 ▲ € 58 million vs 2024 (€ -30,208,091) Favourable step	▲ € 58 million
Equity	€ 689,495,348 Equity 2023: € 689,495,348 First fiscal year in the series	€ 659,287,257 Equity 2024: € 659,287,257 ▼ 4% vs 2023 (€ 689,495,348) Unfavourable step	€ 687,093,845 Equity 2025: € 687,093,845 ▲ 4% vs 2024 (€ 659,287,257) Favourable step	▲ 4%
Total debts	€ 2,691,940,621 Total debts 2023: € 2,691,940,621 First fiscal year in the series	€ 2,883,895,141 Total debts 2024: € 2,883,895,141 ▲ 7% vs 2023 (€ 2,691,940,621) Unfavourable step	€ 2,491,907,043 Total debts 2025: € 2,491,907,043 ▼ 14% vs 2024 (€ 2,883,895,141) Favourable step	▼ 14%
Cash	€ 30 Cash 2023: € 30 First fiscal year in the series	-	-
Retained profit	€ -67,269,829 Retained profit 2023: € -67,269,829 First fiscal year in the series	€ -97,477,920 Retained profit 2024: € -97,477,920 ▼ € 30.2 million vs 2023 (€ -67,269,829) Unfavourable step	€ -69,671,331 Retained profit 2025: € -69,671,331 ▲ € 27.8 million vs 2024 (€ -97,477,920) Favourable step	▲ € 27.8 million
Bank debt	€ 2,410,427,592 Bank debt 2023: € 2,410,427,592 First fiscal year in the series	€ 2,410,267,993 Bank debt 2024: € 2,410,267,993 Unchanged (€ 2,410,427,592) Favourable step	€ 2,010,129,718 Bank debt 2025: € 2,010,129,718 ▼ 17% vs 2024 (€ 2,410,267,993) Favourable step	▼ 17%
Balance sheet total	€ 3,386,345,605 Balance sheet total 2023: € 3,386,345,605 First fiscal year in the series	€ 3,548,230,294 Balance sheet total 2024: € 3,548,230,294 ▲ 5% vs 2023 (€ 3,386,345,605) Unchanged	€ 3,184,045,369 Balance sheet total 2025: € 3,184,045,369 ▼ 10% vs 2024 (€ 3,548,230,294) Unchanged	▼ 10%
Employees (FTE)	61.4 Employees (FTE) 2023: 61.4 First fiscal year in the series	202.4 Employees (FTE) 2024: 202.4 ▲ 141 vs 2023 (61.4) Unchanged	232.6 Employees (FTE) 2025: 232.6 ▲ 30.2 vs 2024 (202.4) Unchanged	▲ 30.2

Key figures of Wyre, fiscal years 2023 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 Wyre?

What happened at Wyre in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Silvia Brady stepped down as director. NBB
2031 Jan Desmeth stepped down as director. NBB
2031 Joris Vandenbroucke stepped down as director. NBB
2030 Alex Johnstone stepped down as director. NBB
2029 Luk Bruynseels stepped down as director. NBB
2029 Edward Hughes stepped down as director. NBB
2029 John Porter II stepped down as director. NBB
2029 Kirsten Florentie stepped down as director. NBB

In short

From € 67.3 million loss in 2023 to € 27.8 million profit in 2025.

Paid € 216.5 million in corporate taxes since 2023.

Best year ever: 2025, with € 27.8 million profit.

Original PDFs at the National Bank ↗

Management

Wyre Holding 100%

The stake of Wyre Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Wyre

WYRE FINANCE BV 100%

Telenet Vlaanderen 99.7%

The shares are held by Wyre Holding (100%). It owns 100% of WYRE FINANCE BV and 99.7% of Telenet Vlaanderen itself.

Directors

According to the 2025 annual accounts

Luk Bruynseels

Director

Also active at: Wyre Holding

since 2023 · until 2029

Edward Hughes

Director

Also active at: Wyre Holding

since 2023 · until 2029

John Porter II

Director

Also active at: Wyre Holding

since 2023 · until 2029

Silvia Brady

Director

Also active at: Wyre Holding

since 2025 · until 2031

Jan Desmeth

Director

Also active at: Wyre Holding

since 2025 · until 2031

Kirsten Florentie

Director

Also active at: Wyre Holding

since 2023 · until 2029

Wim Dries

Director

Also active at: Wyre Holding

since 2023 · until 2029

Johannes Baptiste Paulus Coopmans

Director

Also active at: Wyre Holding

since 2026 · until 2029

Bart van Sprundel

Director

Also active at: Wyre Holding

since 2023 · until 2029

Frank Demeyer

Director

Also active at: Wyre Holding

since 2023 · until 2029

Joris Vandenbroucke

Director

Also active at: Wyre Holding

since 2025 · until 2031

Alex Johnstone

Director

Also active at: Wyre Holding

since 2025 · until 2030

Shareholders

Wyre Holding

100%

Participations

WYRE FINANCE BV

100%

Telenet Vlaanderen

99.7%

Establishments

Establishment units

Physical locations of this company

Registered office

Blarenberglaan 2C

2800 Mechelen

2.347.257.765

Ambachtenstraat 33

8870 Izegem

Active since 29 June 2023

2.347.257.864

Saffierstraat(HRT) 5

2200 Herentals

Active since 29 June 2023

2.347.257.963

Sluisweg 1 box 12

9000 Gent

Active since 29 June 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Wyre Holding same network

Wyre Holding II

Wyre Holding III

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0787.805.690

VAT number

BE 0787.805.690

Registered office

Blarenberglaan 2C, 2800 Mechelen

Names & denominations

Wyre

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 June 2022

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Activiteiten van hoofdkantoren

Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet

Draadloze telecommunicatie

View on CBE Public ↗ Annual accounts (NBB) ↗

Wyre

Warning lights

Financials

What happened to Wyre?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions