Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DIGI Communications Belgium from Brussel, company number BE0803299956, closed financial year 2025 with a result of € -25.6 million after tax. For that financial year DIGI Communications Belgium recorded a gross margin of € -14.6 million and equity of € 147.7 million. Compared with financial year 2024, the result moved from € -10.6 million to € -25.6 million. The company made a loss. 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 August 28, 2026.
€ 147.7 million
▲ € 159.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25.6 million
▼ 142 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,656
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -37 million.
People and assets in 2025
138.3
▲ 87.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.9 million
▲ 164% vs 2024
€ 78,600 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.
€ 201,390
▲ 186% vs 2024
Of which on lease € 30,481.
Debts at end 2025
€ 41.7 million
▲ € 41.5 million vs 2024
€ 11,591 is repaid this year. At this pace the long-term loan is gone in ≈ 3502 years.
€ 14.1 million
▲ € 10.9 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2.1 million
▲ 91% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -753,392 | € -6,291,247 | € -14,551,943 | ▼ € 8.3 million |
| Profit after taxes | € -897,596 | € -10,561,938 | € -25,572,482 | ▼ € 15 million |
| Equity | € -836,096 | € -11,398,034 | € 147,745,955 | ▲ € 159.1 million |
| Total debts | € 980,888 | € 13,291,954 | € 64,591,339 | ▲ € 51.3 million |
| Cash | € 22,271 | € 162,036 | € 3,656 | ▼ 98% |
| Retained profit | € -897,596 | € -11,459,534 | € -37,032,016 | ▼ € 25.6 million |
| Bank debt | € 0 | € 212,059 | € 41,714,906 | ▲ € 41.5 million |
| Balance sheet total | € 144,792 | € 1,893,921 | € 212,337,294 | ▲ € 210.4 million |
| Employees (FTE) | 1.5 | 50.5 | 138.3 | ▲ 87.8 |
Key figures of DIGI Communications Belgium, 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 DIGI Communications Belgium?
What happened at DIGI Communications Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tovi BV stepped down as director. NBB
- Serghei Bulgac stepped down as director. NBB
- Valentin Popoviciu stepped down as director. NBB
- Florin Ungureanu stepped down as director. NBB
- Ghost Consulting BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 25.6 million. filed late Source: NBB ↗
- Tovi BV became a director. NBB
- Serghei Bulgac became a director. NBB
In short
From € 897,596 loss in 2023 to € 25.6 million loss in 2025.
Paid € 19,199 in corporate taxes since 2023.
A new publication or filing at DIGI Communications Belgium? 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
The shares are held by Digi Romania SA (76.9%) and Citymesh DIGI Holding nv (23.1%).
Directors
According to the 2025 annual accounts
Director · represented by Tom Knaepen
Also active at: CEGEKA GROEP, CEGEKA HEALTH CARE, CITYMESH OPERATOR, Cegeka Holding, Citymesh Mobile, InSky, CITYMESH INTEGRATOR, CEGEKA +2 more
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
Director · represented by Mitch De Geest
Also active at: CITYMESH OPERATOR, Citymesh Flex, GREENFOX, Citymesh Mobile, InSky, EDPNET Belgium, QUEST COMPUTERS, Citymesh Air +2 more
since 2025 · until 2031
Shareholders
76.9%
23.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gasthuisstraat 31
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →Comite Interprofessionnel pour l'Etude et la Defense de l'Elevage
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€ 217,785 gross margin · 2024
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COMPUTER FUTURES SOLUTIONS
€ 14.2 million revenue · 2025
+16 more
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
Self-hosted
Hosting
DIGI-BE, RO
Website info
Features
Security
Network
Details
- Company number
- 0803.299.956
- VAT number
- BE 0803.299.956
- Registered office
- Gasthuisstraat 31, 1000 Brussel
- Names & denominations
- DIGI Communications Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2023
- Peppol
- Active · Active since 20 Nov 2025
- Contact
- digi-belgium.be
- Activities · NACE
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