Financials
Financial year 2025
TELESPAZIO BELGIUM from Bastogne, company number BE0807169365, closed financial year 2025 with a result of € 4.1 million after tax. For that financial year TELESPAZIO BELGIUM recorded revenue of € 65.4 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 4.5 million to € 4.1 million. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 9, 2026.
€ 4.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.1 million
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 77,652
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.1 million paid out
100 % of the profit went to the shareholders, mostly to Telespazio SpA (100 % of the shares). That is where the money ends up.
People and assets in 2025
64.9
▼ 3.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 23.2 million
▼ 2% vs 2024
€ 356,900 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.
€ 351,325
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 24.4 million
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 235 days on average.
€ 1.3 million
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 51,045,703 | € 56,097,507 | € 59,718,908 | € 65,397,589 | ▲ 10% |
| Profit after taxes | € 3,549,792 | € 3,867,088 | € 4,471,327 | € 4,116,405 | ▼ 8% |
| Equity | € 4,146,728 | € 4,146,728 | € 4,146,728 | € 4,146,752 | |
| Total debts | € 28,133,389 | € 31,427,140 | € 29,564,795 | € 37,804,403 | ▲ 28% |
| Cash | € 1,778,750 | € 1,276,505 | € 507,327 | € 77,652 | ▼ 85% |
| Retained profit | € 2,863,978 | € 2,863,978 | € 2,863,978 | € 2,864,002 | |
| Dividend | € 3,549,792 | € 3,867,088 | € 4,471,327 | € 4,116,381 | ▼ 8% |
| Balance sheet total | € 33,515,117 | € 37,323,868 | € 33,966,523 | € 41,951,155 | ▲ 24% |
| Employees (FTE) | 40.4 | 58.8 | 68.7 | 64.9 | ▼ 3.8 |
Key figures of TELESPAZIO BELGIUM, 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 TELESPAZIO BELGIUM?
What happened at TELESPAZIO BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Federico ROSSI stepped down as director. NBB
- Francesco QUINTANO stepped down as director. NBB
- René DELCOMMINETTE stepped down as director. NBB
- Dominique CODRAN stepped down as director. NBB
- Andrea BELLINI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.1 million (▼ 8% vs 2024). Source: NBB ↗
- Andrea BELLINI became a director. NBB
- Giuseppe AURILIO stepped down as director. NBB
In short
From € 3.5 million profit in 2022 to € 4.1 million profit in 2025.
Paid € 5.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 4.5 million profit.
Paid out € 16 million in dividends to the owners in total.
A new publication or filing at TELESPAZIO 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 Telespazio SpA (100%) and Telespazio French Guiana S.A.R.L. (0%). It owns 83% of EarthLab Luxembourg S.A. itself.
Directors
According to the 2025 annual accounts
Federico ROSSI
Director
since 2024 · until 2027
Francesco QUINTANO
Director
since 2024 · until 2027
René DELCOMMINETTE
Director
since 2024 · until 2027
Dominique CODRAN
Director
since 2024 · until 2027
Andrea BELLINI
Director
since 2025 · until 2027
Giuseppe AURILIO
Director
since 2024 · until 2025
Shareholders
Telespazio SpA
100%
Telespazio French Guiana S.A.R.L.
0%
Participations
EarthLab Luxembourg S.A.
83%
Establishments
Establishment units
Physical locations of this company
Rue de La-Roche 38G
6600 Bastogne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0807.169.365
- VAT number
- BE 0807.169.365
- Registered office
- Rue de La-Roche 38G, 6600 Bastogne
- Names & denominations
- TELESPAZIO BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 2008
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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