MARLINK
ActiveSummary
MARLINK has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €16.41M and a net result of €1.80M. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 60% of 97 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability24▼-16
Solvency67▼-14
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.75 in 2023; short-term debt: 54.2% and cash: 0.3% of total assets), and 58.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
41.8%
Return on assets
4.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
35 d early
2022
76 d early
2021
74 d early
2020
96 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€8.17M▼ 5.8%
2019 · €8.67M
2018: €13.11Mhighest in 3 years
2019: €8.67M▼ -33.8% vs 2018
2020: €8.17M▼ -5.8% vs 2019lowest in 3 years
2018 → 2020
EBIT margin
20.0%▲ 11.9pp
2019 · 8.2%
2018: 3.8%lowest in 3 years
2019: 8.2%▲ +112% vs 2018
2020: 20.0%▲ +146% vs 2019highest in 3 years
2018 → 2020
Net result
€1.80M▲ 15.4%
2023 · €1.56M
2018: €1.04M
2019: €573k▼ -45.1% vs 2018lowest in 7 years
2020: €1.16M▲ +102% vs 2019
2021: €1.04M▼ -9.8% vs 2020
2022: €1.59M▲ +52.5% vs 2021
2023: €1.56M▼ -2.0% vs 2022
2024: €1.80M▲ +15.4% vs 2023highest in 7 years
2018 → 2024
Working capital
€9.13M▲ 7.1%
2023 · €8.52M
2018: €7.53Mlowest in 7 years
2019: €16.86M▲ +124% vs 2018
2020: €17.56M▲ +4.2% vs 2019highest in 7 years
2021: €7.92M▼ -54.9% vs 2020
2022: €8.03M▲ +1.4% vs 2021
2023: €8.52M▲ +6.1% vs 2022
2024: €9.13M▲ +7.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€8.17M-
Equity€15.11M-€15.30M▲ 1.3%€15.69M▲ 2.6%€16.05M▲ 2.3%€16.41M▲ 2.2%
2020: €15.11Mlowest in 5 years
2021: €15.30M▲ +1.3% vs 2020
2022: €15.69M▲ +2.6% vs 2021
2023: €16.05M▲ +2.3% vs 2022
2024: €16.41M▲ +2.2% vs 2023highest in 5 years
Operating result€1.64M-€-1.10M€-532k▲ 51.7%€928k€-1.09M
2020: €1.64Mhighest in 5 years
2021: €-1.10M▼ -167% vs 2020lowest in 5 years
2022: €-532k▲ +51.7% vs 2021
2023: €928k▲ +275% vs 2022
2024: €-1.09M▼ -218% vs 2023
Net result€1.16M-€1.04M▼ 9.8%€1.59M▲ 52.5%€1.56M▼ 2.0%€1.80M▲ 15.4%
2020: €1.16M
2021: €1.04M▼ -9.8% vs 2020lowest in 5 years
2022: €1.59M▲ +52.5% vs 2021
2023: €1.56M▼ -2.0% vs 2022
2024: €1.80M▲ +15.4% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1.09M after €928k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39.26M
Fixed assets
€8.88M =
Current assets
€30.39M ▲ 52.7%
Equity and liabilities €39.26M
Equity
€16.41M ▲ 2.2%
Debt
€22.85M ▲ 79.5%
Debt's share of the balance-sheet total rises from 44.2% to 58.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-1.08M▼
2023 · €986k
Cash flow
€1.81M▲
2023 · €1.62M
Current ratio
1.43▼
2023 · 1.75
Debt to equity
1.39▲
2023 · 0.79
ROE
11.0%▲
2023 · 9.7%
ROA
4.6%▼
2023 · 5.4%
Interest coverage
-2.35▼
2023 · 1.76
Debt ≤ 1 year
€21.26M▲
2023 · €11.38M
Debt > 1 year
€771k▲
2023 · €621k
Income taxes
€243k▼
2023 · €273k
Staff costs
€2.77M▲
2023 · €2.62M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€28.78M€39.26M▲
Fixed assets21/28€8.87M€8.88M=
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€19k€4k▼
Furniture and vehicles24€11k€4k▼
Other tangible fixed assets26€7k-
Financial fixed assets28€8.86M€8.87M▲
Current assets29/58€19.91M€30.39M▲
Amounts receivable within one year40/41€19.72M€29.94M▲
Trade receivables40€4.24M€1.49M▼
Other amounts receivable41€15.49M€28.45M▲
Cash at bank and in hand54/58€104€137k▲
Deferred charges and accrued income490/1€185k€312k▲
Equity and liabilities
Total equity and liabilities10/49€28.78M€39.26M▲
Equity10/15€16.05M€16.41M▲
Contributions10/11€13.98M€13.98M=
Capital10€8.40M€8.40M=
Issued capital100€8.40M€8.40M=
Outside capital11€5.58M€5.58M=
Share premium1100/10€5.58M€5.58M=
Reserves13€531k€621k▲
Non-distributable reserves130/1€531k€621k▲
Legal reserve130€531k€621k▲
Profit (loss) carried forward14€1.54M€1.81M▲
Amounts payable17/49€12.73M€22.85M▲
Amounts payable after more than one year17€621k€771k▲
Other amounts payable178/9€621k€771k▲
Amounts payable within one year42/48€11.38M€21.26M▲
Trade debts44€5.65M€1.94M▼
Suppliers440/4€5.65M€1.94M▼
Bills of exchange payable441-€0
Taxes, remuneration and social security45€971k€656k▼
Taxes450/3€306k€6k▼
Remuneration and social security454/9€665k€649k▼
Other amounts payable47/48€4.76M€18.67M▲
Accrued charges and deferred income492/3€727k€821k▲
Income statement
Code20232024
Remuneration, social security and pensions62€2.62M€2.77M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€15k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-687k€-226k▲
Other operating charges640/8€733k€367k▼
Non-recurring operating charges66A€13k-
Gross operating margin9900€3.66M€1.83M▼
Operating profit (loss)9901€928k€-1.09M▼
Financial income75/76B€1.46M€3.60M▲
Recurring financial income75€1.46M€3.60M▲
Financial charges65/66B€561k€459k▼
Recurring financial charges65€561k€459k▼
Profit (loss) for the period before taxes9903€1.83M€2.04M▲
Income taxes67/77€273k€243k▼
Profit (loss) for the period9904€1.56M€1.80M▲
Profit (loss) for the period to be appropriated9905€1.56M€1.80M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.81M€3.34M▲
Profit (loss) brought forward from the previous period14P€1.26M€1.54M▲
Transfer to equity691/2€78k€90k▲
To the legal reserve6920€78k€90k▲
Profit to be distributed694/7€1.20M€1.44M▲
Return on contributions (dividend)694€1.20M€1.44M▲
Social balance
Average headcount (FTE)908716.217.5▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €8.17M | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €2.09M | €2.15M | €2.62M | €2.77M | ▲ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53k | €53k | €55k | €57k | €15k | ▼ 74.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-700k | €-332k | €-687k | €-226k | ▲ 67.1% |
| Other operating charges640/8 | - | €551k | €324k | €733k | €367k | ▼ 50.0% |
| Non-recurring operating charges66A | - | - | €8k | €13k | - | - |
| Gross operating margin9900 | - | €893k | €1.67M | €3.66M | €1.83M | ▼ 50.1% |
| Operating profit (loss)9901 | €1.64M | €-1.10M | €-532k | €928k | €-1.09M | ▼ 218% |
| Financial income75/76B | - | €2.63M | €2.19M | €1.46M | €3.60M | ▲ 145% |
| Recurring financial income75 | €1.29M | €2.63M | €2.19M | €1.46M | €3.60M | ▲ 145% |
| Financial charges65/66B | - | €482k | €64k | €561k | €459k | ▼ 18.2% |
| Recurring financial charges65 | €1.79M | €458k | €64k | €561k | €459k | ▼ 18.2% |
| Debt charges650 | €554k | - | - | - | - | - |
| Non-recurring financial charges66B | - | €24k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.14M | €1.05M | €1.60M | €1.83M | €2.04M | ▲ 11.5% |
| Income taxes67/77 | €-12k | €2k | €6k | €273k | €243k | ▼ 10.8% |
| Profit (loss) for the period9904 | €1.16M | €1.04M | €1.59M | €1.56M | €1.80M | ▲ 15.4% |
| Profit (loss) for the period to be appropriated9905 | €1.16M | €1.04M | €1.59M | €1.56M | €1.80M | ▲ 15.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30.16M | €20.98M | €21.00M | €28.78M | €39.26M | ▲ 36.4% |
| Fixed assets21/28 | €8.98M | €8.93M | €8.93M | €8.87M | €8.88M | = |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €168k | €115k | €74k | €19k | €4k | ▼ 76.8% |
| Furniture and vehicles24 | - | €20k | €23k | €11k | €4k | ▼ 61.3% |
| Other tangible fixed assets26 | - | €95k | €51k | €7k | - | - |
| Financial fixed assets28 | €8.82M | €8.82M | €8.86M | €8.86M | €8.87M | ▲ 0.2% |
| Current assets29/58 | €21.17M | €12.05M | €12.07M | €19.91M | €30.39M | ▲ 52.7% |
| Amounts receivable within one year40/41 | €20.76M | €11.88M | €11.75M | €19.72M | €29.94M | ▲ 51.8% |
| Trade receivables40 | - | €1.28M | €1.76M | €4.24M | €1.49M | ▼ 64.7% |
| Other amounts receivable41 | - | €10.59M | €9.98M | €15.49M | €28.45M | ▲ 83.7% |
| Cash at bank and in hand54/58 | €407k | €163k | €316k | €104 | €137k | ▲ 130,964% |
| Deferred charges and accrued income490/1 | - | €8k | €9k | €185k | €312k | ▲ 68.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30.16M | €20.98M | €21.00M | €28.78M | €39.26M | ▲ 36.4% |
| Equity10/15 | €15.11M | €15.30M | €15.69M | €16.05M | €16.41M | ▲ 2.2% |
| Contributions10/11 | €8.40M | €13.98M | €13.98M | €13.98M | €13.98M | = |
| Capital10 | - | €8.40M | €8.40M | €8.40M | €8.40M | = |
| Issued capital100 | - | €8.40M | €8.40M | €8.40M | €8.40M | = |
| Outside capital11 | - | €5.58M | €5.58M | €5.58M | €5.58M | = |
| Share premium1100/10 | - | €5.58M | €5.58M | €5.58M | €5.58M | = |
| Reserves13 | €321k | €373k | €453k | €531k | €621k | ▲ 16.9% |
| Non-distributable reserves130/1 | - | €373k | €453k | €531k | €621k | ▲ 16.9% |
| Legal reserve130 | - | €373k | €453k | €531k | €621k | ▲ 16.9% |
| Profit (loss) carried forward14 | €803k | €944k | €1.26M | €1.54M | €1.81M | ▲ 17.6% |
| Amounts payable17/49 | €15.05M | €5.68M | €5.31M | €12.73M | €22.85M | ▲ 79.5% |
| Amounts payable after more than one year17 | €11.03M | €1.14M | €920k | €621k | €771k | ▲ 24.1% |
| Other amounts payable178/9 | - | €1.14M | €920k | €621k | €771k | ▲ 24.1% |
| Amounts payable within one year42/48 | €3.62M | €4.12M | €4.04M | €11.38M | €21.26M | ▲ 86.8% |
| Financial debts43 | - | €163k | €316k | - | - | - |
| Other loans439 | - | €163k | €316k | - | - | - |
| Trade debts44 | €1.20M | €914k | €1.06M | €5.65M | €1.94M | ▼ 65.6% |
| Suppliers440/4 | - | €914k | €1.06M | €5.65M | €1.94M | ▼ 65.6% |
| Bills of exchange payable441 | - | - | - | - | €0 | - |
| Taxes, remuneration and social security45 | - | €784k | €1.00M | €971k | €656k | ▼ 32.5% |
| Taxes450/3 | - | - | - | €306k | €6k | ▼ 97.9% |
| Remuneration and social security454/9 | - | €784k | €1.00M | €665k | €649k | ▼ 2.4% |
| Other amounts payable47/48 | - | €2.26M | €1.67M | €4.76M | €18.67M | ▲ 292% |
| Accrued charges and deferred income492/3 | - | €412k | €350k | €727k | €821k | ▲ 12.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.16M | €1.04M | €1.59M | €1.56M | €1.80M | ▲ 15.4% |
| + Depreciation and write-downs630 | €53k | €53k | €55k | €57k | €15k | ▼ 74.6% |
| Operating cash flow (approximation) | €1.21M | €1.10M | €1.65M | €1.62M | €1.81M | ▲ 12.2% |
| Investment in fixed assets (approximation) | - | €0 | €-53k | €-2k | €-16k | ▼ 814% |
| Change in cash | - | €-244k | €154k | €-316k | €137k | ▲ 143% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
06-03
State Gazette act
Resignation: Hervé Nays (director)Appointment: Nathalie Sénéchault (director) · Mandate compensation7 facts ▸
State Gazette act
Resignation: Hervé Nays (director)
Appointment: Nathalie Sénéchault (director) · Mandate compensation7 facts ▸
- General meeting, 18-11-2025
- Board meeting, 18-11-2025
- Director resignation, Hervé Nays (director)
- Director resignation, Hervé Nays (managing director)
- Director appointment, Nathalie Sénéchault (director)
- Director appointment, Nathalie Sénéchault (managing director)
- Mandate compensation, Nathalie Sénéchault
2025
10-07
State Gazette act
Reappointment: Ernst et Young Reviseurs d'Entreprises (statutory auditor)Permanent representative: Emilie VAN CALLEMONT3 facts ▸
State Gazette act
Reappointment: Ernst et Young Reviseurs d'Entreprises (statutory auditor)
Permanent representative: Emilie VAN CALLEMONT3 facts ▸
- General meeting, 23-05-2025
- Auditor reappointment, Ernst et Young Reviseurs d'Entreprises
- Permanent representative, Emilie VAN CALLEMONT
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €1.80M ▲15.4%
Net result €1.80M, the highest in the series.
31-12
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 05-12-2024
- Registered-office move, Avenue Louise 54, 3ème étage, 1050 Bruxelles
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-12
State Gazette act
Capital & sharesShare transfer1 fact ▸
State Gazette act
Capital & shares
Share transfer1 fact ▸
- Share transfer, Melih Sögüt
28-11
State Gazette act
Statutes amendmentCapital3 facts ▸
State Gazette act
Statutes amendment
Capital3 facts ▸
- General meeting, 06-11-2023
- Statutes amendment
- Capital, €8.400.000
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
02-05
State Gazette act
Reappointments: Hervé Nays, Erik Ceuppens and Tore Morten Olsen4 facts ▸
State Gazette act
Reappointments: Hervé Nays, Erik Ceuppens and Tore Morten Olsen
4 facts ▸
- General meeting, 05-04-2022
- Director reappointment, Hervé Nays (director)
- Director reappointment, Erik Ceuppens (director)
- Director reappointment, Tore Morten Olsen (director)
2021
25-10
State Gazette act
Permanent representative: Marie-Laure Moreau2 facts ▸
State Gazette act
Permanent representative: Marie-Laure Moreau
2 facts ▸
- Board meeting, 31-03-2021
- Permanent representative, Marie-Laure Moreau
Show earlier events
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €573k ▼45.1%
Net result drops to €573k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 6.10
Current ratio from 1.34 to 6.10; short-term debt falls from €22.41M to €3.31M.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-09
State Gazette act
Permanent representative: Carl Laschet1 fact ▸
State Gazette act
Permanent representative: Carl Laschet
1 fact ▸
- Permanent representative, Carl Laschet
27-06
State Gazette act
Reappointment: Ernst et Young Reviseurs d'Entreprises (statutory auditor)Permanent representative: Eric Golenvaux3 facts ▸
State Gazette act
Reappointment: Ernst et Young Reviseurs d'Entreprises (statutory auditor)
Permanent representative: Eric Golenvaux3 facts ▸
- General meeting, 12-05-2017
- Auditor reappointment, Ernst et Young Reviseurs d'Entreprises (statutory auditor)
- Permanent representative, Eric Golenvaux
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-11
State Gazette act
Appointment: Hervé Nays (director)4 facts ▸
State Gazette act
Appointment: Hervé Nays (director)
4 facts ▸
- General meeting, 21-10-2016
- Director appointment, Hervé Nays (director)
- Board meeting, 21-10-2016
- Director appointment, Hervé Nays (managing director)
29-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 121 days late
08-02
State Gazette act
Resignation: Hans Heinrich Jordan (director)Appointment: Erik Ceuppens (director) · Reappointment: Tore Morten Olsen (director) · Name change8 facts ▸
State Gazette act
Resignation: Hans Heinrich Jordan (director)
Appointment: Erik Ceuppens (director) · Reappointment: Tore Morten Olsen (director) · Name change8 facts ▸
- General meeting, 25-01-2016
- Name change, Marlink
- Statutes amendment
- Statutes amendment
- Director resignation, Hans Heinrich Jordan (director)
- Director appointment, Erik Ceuppens (director)
- Director reappointment, Tore Morten Olsen (director)
- Mandate compensation, Astrium Services Business Communications
2014
12-11
State Gazette act
Reappointments: Tore Morten Olsen (managing director) and Ernst & Young Réviseurs d'Entreprises (statutory auditor)Permanent representative: Eric Golenvaux · Mandate compensation · Power of attorney7 facts ▸
State Gazette act
Reappointments: Tore Morten Olsen (managing director) and Ernst & Young Réviseurs d'Entreprises (statutory auditor)
Permanent representative: Eric Golenvaux · Mandate compensation · Power of attorney7 facts ▸
- Board meeting, 26-08-2014
- Director reappointment, Tore Morten Olsen (managing director)
- Mandate compensation, Tore Morten Olsen
- Power of attorney, Altius
- General meeting, 07-10-2014
- Auditor reappointment, Ernst & Young Réviseurs d'Entreprises
- Permanent representative, Eric Golenvaux
10-11
State Gazette act
Reappointment: Tore Morten Olsen (director)2 facts ▸
State Gazette act
Reappointment: Tore Morten Olsen (director)
2 facts ▸
- General meeting, 14-03-2014
- Director reappointment, Tore Morten Olsen (director)
03-01
State Gazette act
Resignation: Dominique Martres (director)Director discharge3 facts ▸
State Gazette act
Resignation: Dominique Martres (director)
Director discharge3 facts ▸
- General meeting, 07-05-2013
- Director resignation, Dominique Martres (director)
- Director discharge, Dominique Martres
2012
21-11
State Gazette act
Statutes amendment · Resignations & appointmentsName change3 facts ▸
State Gazette act
Statutes amendment · Resignations & appointments
Name change3 facts ▸
- General meeting, 31-10-2012
- Name change, Astrium Services Business Communications
- Statutes amendment
06-03
State Gazette act
Resignations: Johannes Lindeman (director) and Rafi Kouyoumdijan (director)Appointments: Dominique Martres (director) and Hans-Heinrich Jordan (director) · Director discharge · Mandate compensation9 facts ▸
State Gazette act
Resignations: Johannes Lindeman (director) and Rafi Kouyoumdijan (director)
Appointments: Dominique Martres (director) and Hans-Heinrich Jordan (director) · Director discharge · Mandate compensation9 facts ▸
- General meeting, 19-12-2011
- Director resignation, Johannes Lindeman (director)
- Director resignation, Rafi Kouyoumdijan (director)
- Director discharge, Johannes Lindeman
- Director discharge, Rafi Kouyoumdijan
- Director appointment, Dominique Martres (director)
- Mandate compensation, Dominique Martres
- Director appointment, Hans-Heinrich Jordan (director)
- Mandate compensation, Hans-Heinrich Jordan
2011
03-11
State Gazette act
Resignation: Mark Ellison (director)Appointment: Johannes Lindeman (director) · Director discharge · Mandate compensation5 facts ▸
State Gazette act
Resignation: Mark Ellison (director)
Appointment: Johannes Lindeman (director) · Director discharge · Mandate compensation5 facts ▸
- General meeting, 29-09-2011
- Director resignation, Mark Ellison (director)
- Director discharge, Mark Ellison
- Director appointment, Johannes Lindeman (director)
- Mandate compensation, Johannes Lindeman
04-10
State Gazette act
Resignation: Bruno Ducharme (director)Appointment: Rafi Kouyoumdjian (director) · Director discharge · Mandate compensation5 facts ▸
State Gazette act
Resignation: Bruno Ducharme (director)
Appointment: Rafi Kouyoumdjian (director) · Director discharge · Mandate compensation5 facts ▸
- General meeting, 19-07-2011
- Director resignation, Bruno Ducharme (director)
- Director discharge, Bruno Ducharme
- Director appointment, Rafi Kouyoumdjian (director)
- Mandate compensation, Rafi Kouyoumdjian
26-07
State Gazette act
Resignation: Michael Collins (director)Appointment: Bruno Ducharme (director) · Director discharge · Mandate compensation5 facts ▸
State Gazette act
Resignation: Michael Collins (director)
Appointment: Bruno Ducharme (director) · Director discharge · Mandate compensation5 facts ▸
- General meeting, 25-10-2010
- Director resignation, Michael Collins (director)
- Director discharge, Michael Collins
- Director appointment, Bruno Ducharme (director)
- Mandate compensation, Bruno Ducharme
2010
15-10
State Gazette act
Reappointment: Ernst & Young Réviseurs d'Entreprises (statutory auditor)2 facts ▸
State Gazette act
Reappointment: Ernst & Young Réviseurs d'Entreprises (statutory auditor)
2 facts ▸
- General meeting, 28-05-2010
- Auditor reappointment, Ernst & Young Réviseurs d'Entreprises
2006
18-09
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Bank account · Capital decrease9 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Bank account · Capital decrease9 facts ▸
- General meeting, 04-07-2006
- Capital increase, €6.000.000
- Bank account, KBC, 733-0357102-75
- Capital decrease, €6.000.000
- Capital, €8.400.000
- Statutes amendment
- Power of attorney, Eline Patricia Nathalie Meesseman
- Power of attorney, Eline Patricia Nathalie Meesseman
- Share liberation, 100%, 6000000.00 EUR
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
21 of 21 acts read
Directors · office · real estate
Directors
5 directors, no change since 2025
Nathalie Sénéchault
CurrentDirector · since 18-11-2025
Erik Ceuppens
CurrentDirector · since 25-01-2016
Tore Morten Olsen
CurrentDirector · since 22-02-2014
Hans-Heinrich Jordan
Not recently confirmedDirector · since 19-12-2011
Rafi Kouyoumdjian
Not recently confirmedDirector · since 19-07-2011
18-11-2025
Nathalie Sénéchault: Appointed as Director
18-11-2025
Nathalie Sénéchault: Appointed as Managing director
07-11-2025
Hervé Nays: Resigned as Director
07-11-2025
Hervé Nays: Resigned as Managing director
31-03-2021
Erik Ceuppens: Mandate renewed as Director
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1980
Ground area
1,625 m²
Building footprint
1,286 m²
Volume, LiDAR
34,999 m³
Parcel 21807G0001/00L000, Brussels · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.
376
companies at this address
See who is registered here
1 establishment unit
Louizalaan 54, 1050 Elsene
since 19802.017.777.469
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0001/00L000 | Brussels | 1,625 m² | 1 · 1,286 m² | 33.9 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Ernst et Young Reviseurs d'EntreprisesCurrent Auditor · represented by Emilie VAN CALLEMONT | 28-05-2010 → present |
Articles of association
Purpose
La société a pour objet la fabrication, la transformation, l'importation, l'exportation, la vente en gros et en détail, la réparation, la location et toutes prestations quelconques…
Full purpose
La société a pour objet la fabrication, la transformation, l'importation, l'exportation, la vente en gros et en détail, la réparation, la location et toutes prestations quelconques de service se rapportant à des appareils et du matériel électrique, électronique, radio-électrique, électro-ménager et d'éclairage.
Structure & network
Capital and shareholders
Shareholders according to the acts
Share transfer
act of 20-12-2023 ↗
- to Melih Sögüt
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 28-11-2023 Capital stated in the act · 8,400,000 EUR · 3,070,650 shares
- 18-09-2006 Capital increase of 6,000,000 EUR · to 14,400,000 EUR · 1,279,437 new shares
- 18-09-2006 Capital reduction of 6,000,000 EUR · to 8,400,000 EUR · to absorb losses
Recognitions · licences · registrations
Legal Entity Identifier
967600AEETO9N0TP3K14
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Of 1,372 companies in sector 61100 we hold annual accounts for 583. 77 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-06-1980
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
61200Telecommunications resale and intermediation services
Scores and ratios are computed by Checked and are not a credit decision.