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PROXIMUS

Active
Naamloze vennootschap van publiek rechtfounded 1930active for 96 yearsKoning AlbertII laan 27, 1030 Schaarbeek, Belgium15 active companies are registered at this addressKBO/BCE: BE 0202.239.951
Summary

PROXIMUS has the legal form “Naamloze vennootschap van publiek recht” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €1.42bn and a net result of €139.0m, of which €574.4m non-recurring income. Equity is shrinking by about 2.9% per year across the filed financial years. Its solvency ranks better than 28% of 94 sector peers (NACE 61, financial year 2025). The company has been active since 1930 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Wired, wireless and satellite telecommunications
NACE 61100
Largest employer in Belgium, Telecoms and IT sector186 sites
Size
€3.89bnturnover 2025
Staff
8,312.3 FTE
Equity
€1.42bn
Profit
€139.0m
Standalone figures, without subsidiaries
Financial health
55 Fair Checked score 2025
Bankruptcy probability: legal form outside the model
Structure
Parent
FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ · 53.51%
Board
14 members
Holdings
21
Accounts 99 days early
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
55 / 100
Fair▲ +1 on 2024
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Average
Solvency 39-1
equity 14.2% of total assets
Liquidity 45+6
short-term debt 23.7% · cash 2.5%
Profitability 80-2
return on assets 1.4%
Bankruptcy probability, 12 months

The KBO gives the legal form as “Naamloze vennootschap van publiek recht”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.

Credit of up to €78,050,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.61, compared with 0.36 in 2024, below 1; short-term debt: 23.7% and cash: 2.5% of total assets), and 85.8% of the assets are financed with debt and provisions.
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Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-04-2026, 99 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
99 days early
2024
84 days early
2023
100 days early
2022
84 days early
2021
90 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 91 days before the deadline; the sector median (NACE 61) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Stijn Bijnens, Cécile Coune and…Resignations: Stefaan De Clerck, Béatrice…
  2. Annual accounts filedfinancial year 2025 · consolidated
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Positive: Largest employer in Belgium, Telecoms and IT sectorin the Checked rankings No. 1 View
  • Caution: Result fell in 2025from €359.8m to €139.0m ▼ 61.4% View
  • Controlled by FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJultimately: Belgische Staat 53.51% View
  • Board changedlatest change 15-04-2026 · 14 in office 6 joined · 5 left View
  • EU supportawarded from 2021 to 2025 €95.4m View
  • Active since 1930founded 19-07-1930 96 years View
  • Positive: 7 profitable years in a rowprofit 2025: €139.0m, mostly one-off 7 years View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Turnover
€3.89bn
Profit
€139.0m
Solvency
14.2%
Turnover▼ 2.2%
Net result
20192025
Go to Financials

Board & ownership

Board
14 members
Parent
FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ · 53.51%
  • Cécile COUNEChair
  • Martin De PryckerDirector
  • Luc Van den hoveDirector
  • Catherine RuttenDirector
  • Joachim SonneDirector

and 9 other directors

Go to Board & ownership

Network & group

Group
Belgische Staat
Subsidiaries
50
Holdings
21
Connected companies
100

50 subsidiaries

Go to Network & group

Timeline

Events
153
Since
1985
Next accounts
by 31-07-2027
  1. 19-02-2026Resignation: Franck-Philippe Georgin (director)
  2. 15-10-2025Resignations & appointments
  3. 29-09-2025Appointment: Stijn Bijnens (director)
Go to Timeline

Company details

Sites
186
Legal form
Naamloze vennootschap van publiek recht
Activity
Wired, wireless and satellite telecommunicationsNACE 61100
Founded
19-07-1930
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Purpose
“Dienstverlening, adviesverstrekking en bijstand, rechtstreeks of onrechtstreeks, op het…” (deed in Dutch)
Go to Articles of association

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