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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 17.5 to 15.4.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
TELESTE BELGIUM from Herstal, company number BE0888483574, closed financial year 2025 with a result of € -34,392 after tax. For that financial year TELESTE BELGIUM recorded a gross margin of € 1.5 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € -47,601 to € -34,392. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 2.3 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,392
▲ 28 % less loss than in 2024
Profit after tax over the fiscal year.
€ 266,637
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.2 million.
People and assets in 2025
15.4
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 10% vs 2024
€ 95,700 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 2025
None
No bank loans on the last day of the fiscal year.
€ 921,166
▲ 151% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 305,615
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,004,393 | € 1,770,501 | € 1,225,445 | € 1,464,536 | ▲ 20% |
| Profit after taxes | € 387,036 | € 317,928 | € -47,601 | € -34,392 | ▲ € 13,209 |
| Equity | € 4,536,175 | € 2,354,103 | € 2,306,502 | € 2,272,110 | ▼ 1% |
| Total debts | € 1,686,133 | € 3,246,230 | € 598,295 | € 1,226,781 | ▲ 105% |
| Cash | € 283,116 | € 78,852 | € 255,177 | € 266,637 | ▲ 4% |
| Land & buildings | € 425,733 | € 394,847 | € 368,139 | € 343,185 | ▼ 7% |
| Retained profit | € -1,799,582 | € 2,292,603 | € 2,245,002 | € 2,210,610 | ▼ 2% |
| Balance sheet total | € 6,222,309 | € 5,600,334 | € 2,904,796 | € 3,498,890 | ▲ 20% |
| Employees (FTE) | 17.8 | 17.5 | 16.5 | 15.4 | ▼ 1.1 |
By gross margin, TELESTE BELGIUM ranks 3rd of 7 companies with main activity “Vervaardiging van communicatieapparatuur” in the province of Liège that publish figures (fiscal year 2025).
Key figures of TELESTE 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.
Ask about TELESTE BELGIUM the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to TELESTE BELGIUM?
What happened at TELESTE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jaakko MÄKIRANTA stepped down as director. NBB
- Mario WALGRAEVE stepped down as director. NBB
- Hans DE BRUYN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 34,392. Source: NBB ↗
- Jaakko MÄKIRANTA became a director. NBB
- Mario WALGRAEVE became a director. NBB
- Hans DE BRUYN became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 387,036 profit in 2022 to € 34,392 loss in 2025.
Paid € 313,817 in corporate taxes since 2022.
Best year ever: 2022, with € 387,036 profit.
On average € 95,100 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Jaakko MÄKIRANTA
Director
since 2024 · until 2030
Mario WALGRAEVE
Director
since 2021 · until 2028
Hans DE BRUYN
Director
since 2021 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue d'Abhooz 22
4040 Herstal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in the province of Liège
Same main activity (Vervaardiging van communicatieapparatuur), 9 active companies in the province of Liège, largest first.
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LACROIX SMART LIGHTING BELGIUM
€ 2.2 million gross margin · 2025 · Liège
€ 1.6 million gross margin · 2025 · Ans
€ 1.3 million gross margin · 2025 · Herstal
€ 34,484 gross margin · 2025 · Anthisnes
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Domain
Domain
teleste.com
Registered
1995-10-27
Registrar
EuroDNS S.A.
Expires
2026-10-26
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Teleste Corporation(vennoot) 99.9%
- Suomen Yhteisantennit Oy(vennoot) 0.1%
Details
- Company number
- 0888.483.574
- VAT number
- BE 0888.483.574
- Registered office
- Rue d'Abhooz 22, 4040 Herstal
- Names & denominations
- TELESTE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2007
- Peppol
- Active · Active since 25 Sept 2025
- Contact
- teleste.com [email protected] +3242403535
- Activities · NACE
Vervaardiging van communicatieapparatuur
Wederverkoop van telecommunicatie en bemiddelingsactiviteiten in verband met telecommunicatie
Overige telecommunicatie