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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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TELEVIC from Izegem, company number BE0825535920, closed financial year 2025 with a result of € 9.1 million after tax. For that financial year TELEVIC recorded revenue of € 63.2 million and equity of € 40.2 million. Compared with financial year 2023, the result moved from € 10.6 million to € 9.1 million. The company is profitable. 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 June 29, 2026.
€ 40.2 million
▲ 152% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9.1 million
▼ 14% vs 2023
Profit after tax over the fiscal year.
€ 28.8 million
▲ € 22.3 million vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 39.7 million.
People and assets in 2025
101.5
▲ 57.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 10.7 million
▲ 134% vs 2023
€ 105,500 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.
€ 1.7 million
▲ 146% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 562,500
▼ 62% vs 2023
€ 450,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 4.9 million
▲ 51% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 2.2 million
▲ 28% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 35,088,483 | € 41,955,596 | € 53,834,350 | € 63,159,696 | ▲ 17% |
| Profit after taxes | € 4,030,273 | € 3,422,984 | € 10,573,555 | € 9,085,631 | ▼ 14% |
| Equity | € 13,997,849 | € 17,420,834 | € 15,994,389 | € 40,245,154 | ▲ 152% |
| Total debts | € 5,205,568 | € 9,131,610 | € 8,908,455 | € 9,266,005 | ▲ 4% |
| Cash | € 9,815,235 | € 8,043,896 | € 6,467,653 | € 28,752,577 | ▲ € 22.3 million |
| Retained profit | € 13,697,849 | € 17,120,834 | € 15,694,389 | € 39,673,701 | ▲ 153% |
| Dividend | € 0 | € 0 | € 12,000,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 1,462,500 | € 562,500 | ▼ 62% |
| Balance sheet total | € 20,122,744 | € 27,692,015 | € 26,443,034 | € 51,328,508 | ▲ 94% |
| Employees (FTE) | 44.5 | 43.2 | 43.8 | 101.5 | ▲ 57.7 |
Key figures of TELEVIC, fiscal years 2021 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 TELEVIC?
What happened at TELEVIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- 3TEC NV stepped down as director. NBB
- Kordan BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 9.1 million (▼ 14% vs 2023). Source: NBB ↗
- 3TEC NV became a director. NBB
- Kordan BV became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 4 million profit in 2021 to € 9.1 million profit in 2025.
Paid € 4.6 million in corporate taxes since 2021.
Best year ever: 2023, with € 10.6 million profit.
Paid out € 12 million in dividends to the owners in total.
Management
The stake of DANVER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TELEVICThe shares are held by DANVER (100%). It owns 100% of Televic Conference US, 100% of Media Vision The Conference Company SAS, 100% of Televic Conference India, 100% of Media Vision SARL and 50% of TCS France itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Thomas Verstraeten
Also active at: TELEVIC GROUP, TELEVIC EDUCATION, ASEM, DANVER, TELEVIC HEALTHCARE SOLUTIONS, TELEVIC RAIL
since 2021 · until 2027
Managing director · represented by Lieven Danneels
Also active at: TELEVIC GROUP, TELEVIC EDUCATION, ASEM, DANVER, Solhyd, TELEVIC HEALTHCARE SOLUTIONS, TELEVIC RAIL
since 2021 · until 2027
Shareholders
100%
Participations
Televic Conference US
100%
Televic Conference India
100%
Media Vision SARL
100%
TCS France
50%
Establishments
Establishment units
Physical locations of this company
Leo Bekaertlaan 1
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →TELEVIC GROUP same network
€ 5.4 million revenue · 2025
TELEVIC EDUCATION same network
€ 3 million gross margin · 2025
ASEM same network
DANVER same network
IMMOMANDEL KENNEDY
€ 272,302 gross margin · 2025
+5 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
- 0825.535.920
- VAT number
- BE 0825.535.920
- Registered office
- Leo Bekaertlaan 1, 8870 Izegem
- Names & denominations
- TELEVIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2010
- Peppol
- Active · Active since 1 Apr 2026
- Activities · NACE
Vervaardiging van communicatieapparatuur
Groothandel in informatie- en communicatieapparatuur
Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan
Vervaardiging van andere elektrische apparatuur
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Algemene elektrotechnische installatiewerken