Skip to content

NOKIA BELL

Active
Public limited companyfounded 1918108 yrs activeCopernicuslaan 50, 2018 Antwerpen, BelgiumKBO/BCE: BE 0404.621.642
Summary

NOKIA BELL has been active since 1918 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131.8m and a net result of €34.1m. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 169 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability90=
Solvency77▼-7
Growth44=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.84 in 2023; short-term debt: 42.3% and cash: 0.1% of total assets), and 48.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 108 years 0 110 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
51.7%
Return on assets
13.4%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
41 d early
2023
23 d early
2022
21 d early
2021
12 d early
2020
32 d early
2019
7 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

NOKIA BELL was incorporated on 1 January 1918.1 Revenue fell from EUR 250 million in 2018 to EUR 187 million in 2024 and headcount from 1,413 to 1,227 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, full schema

Turnover
€186.6m▼ 4.6%
2023 · €195.6m
EBIT margin
16.0%▼ 3.6pp
2023 · 19.6%
Net result
€34.1m▼ 19.4%
2023 · €42.2m
Working capital
€43.7m▼ 58.3%
2023 · €104.9m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€220.8m▼ 14.1%€192.3m▼ 12.9%€197.3m▲ 2.6%€195.6m▼ 0.8%€186.6m▼ 4.6%
Operating result€39.6m▼ 10.3%€51.9m▲ 31.0%€50.9m▼ 1.8%€38.4m▼ 24.6%€29.9m▼ 22.0%
Net result€40.4mabove the sector's middle half▼ 8.9%€51.2mabove the sector's middle half▲ 26.7%€48.8mabove the sector's middle half▼ 4.6%€42.2mabove the sector's middle half▼ 13.5%€34.1mabove the sector's middle half▼ 19.4%
EBIT margin17.9%▲ 0.8pp27.0%▲ 9.0pp25.8%▼ 1.2pp19.6%▼ 6.2pp16.0%▼ 3.6pp
Equity€237.0mabove the sector's middle half▼ 2.0%€246.7mabove the sector's middle half▲ 4.1%€195.6mabove the sector's middle half▼ 20.7%€197.8mabove the sector's middle half▲ 1.1%€131.8mabove the sector's middle half▼ 33.3%
Total assets€328.2mabove the sector's middle half▼ 3.8%€399.0mabove the sector's middle half▲ 21.6%€392.4mabove the sector's middle half▼ 1.7%€337.7mabove the sector's middle half▼ 13.9%€254.8mabove the sector's middle half▼ 24.6%
Debt€74.3m▼ 11.4%€140.3m▲ 88.8%€186.0m▲ 32.6%€127.1m▼ 31.7%€107.8m▼ 15.2%
Working capital€165.7mabove the sector's middle half▲ 1.8%€169.0mabove the sector's middle half▲ 2.0%€97.8mabove the sector's middle half▼ 42.1%€104.9mabove the sector's middle half▲ 7.2%€43.7mabove the sector's middle half▼ 58.3%
Solvency72.2%above the sector's middle half▲ 1.4pp61.8%within the sector's middle half▼ 10.4pp49.8%within the sector's middle half▼ 12.0pp58.6%within the sector's middle half▲ 8.7pp51.7%within the sector's middle half▼ 6.8pp
Current ratio3.35above the sector's middle half▲ 0.322.25within the sector's middle half▼ 1.101.53within the sector's middle half▼ 0.721.84within the sector's middle half▲ 0.321.41within the sector's middle half▼ 0.44
Return on assets (ROA)12.3%above the sector's middle half▼ 0.7pp12.8%above the sector's middle half▲ 0.5pp12.4%within the sector's middle half▼ 0.4pp12.5%above the sector's middle half▲ 0.1pp13.4%above the sector's middle half▲ 0.9pp
Staff (FTE)1,318.1above the sector's middle half▼ 3.5%1,278above the sector's middle half▼ 3.0%1,286.8above the sector's middle half▲ 0.7%1,287.9above the sector's middle half▲ 0.1%1,227.3above the sector's middle half▼ 4.7%
above within below the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€20.0m€40.0m€60.0mOperating result 2020: €39.6m€39.6mNet result 2020: €40.4m€40.4mOperating result 2021: €51.9m€51.9mNet result 2021: €51.2m€51.2mOperating result 2022: €50.9m€50.9mNet result 2022: €48.8m€48.8mOperating result 2023: €38.4m€38.4mNet result 2023: €42.2m€42.2mOperating result 2024: €29.9m€29.9mNet result 2024: €34.1m€34.1m20202021202220232024€0€20m€40m€60mOperating result 2022: €50.9m€51mNet result 2022: €48.8m€49mOperating result 2023: €38.4m€38mNet result 2023: €42.2m€42mOperating result 2024: €29.9m€30mNet result 2024: €34.1m€34m202220232024
The operating result has fallen three years in a row; 2024 is 22% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €254.8m
Fixed assets €103.4m ▼ 4.9%
Current assets €151.4m ▼ 33.9%
Equity and liabilities €254.8m
Equity €131.8m ▼ 33.3%
Provisions €15.2m ▲ 17.8%
Debt €107.8m ▼ 15.2%
Debt's share of the balance-sheet total rises from 37.6% to 42.3%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€136.6m▼
2023 · €143.8m
Cash flow
€140.7m▼
2023 · €147.6m
Quick ratio
1.40▼
2023 · 1.84
Debt to equity
0.82▲
2023 · 0.64
ROE
25.8%▲
2023 · 21.4%
Interest coverage
103.64▼
2023 · 132.89
Debt ≤ 1 year
€107.7m▼
2023 · €124.1m
Income taxes
€1.2m
Staff costs
€181.7m▲
2023 · €176.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 321 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 98% are still going.

  • Large
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0% went bankrupt
2.5% stopped otherwise
98% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 88 lines
Balance sheet Code20232024
Assets
Total assets20/58€337.7m€254.8m▼
Fixed assets21/28€108.7m€103.4m▼
Intangible fixed assets21€95.4m€91.0m▼
Tangible fixed assets22/27€12.8m€11.9m▼
Land and buildings22€1.7m€1.2m▼
Plant, machinery and equipment23€8.8m€9.0m▲
Furniture and vehicles24€1.4m€1.0m▼
Other tangible fixed assets26€76,023€70,760▼
Assets under construction and advance payments27€873,074€588,588▼
Financial fixed assets28€512,900€512,900=
Affiliated companies280/1€483,360€483,360=
Participating interests280€483,360€483,360=
Other financial fixed assets284/8€29,540€29,540=
Amounts receivable and cash guarantees285/8€29,540€29,540=
Current assets29/58€229.0m€151.4m▼
Amounts receivable after more than one year29€25.3m€26.3m▲
Other amounts receivable291€25.3m€26.3m▲
Stocks and contracts in progress3€812,325€808,613▼
Stocks30/36€743,447€775,720▲
Goods purchased for resale34€742,518€775,720▲
Advance payments36€929€0▼
Contracts in progress37€68,878€32,893▼
Amounts receivable within one year40/41€200.7m€120.1m▼
Trade receivables40€62.4m€62.5m▲
Other amounts receivable41€138.3m€57.6m▼
Cash at bank and in hand54/58€160,857€354,933▲
Deferred charges and accrued income490/1€2.0m€3.9m▲
Equity and liabilities
Total equity and liabilities10/49€337.7m€254.8m▼
Equity10/15€197.8m€131.8m▼
Contributions10/11€25.0m€25.0m=
Capital10€25.0m€25.0m=
Issued capital100€25.0m€25.0m=
Reserves13€2.5m€2.5m=
Non-distributable reserves130/1€2.5m€2.5m=
Legal reserve130€2.5m€2.5m=
Profit (loss) carried forward14€170.3m€104.3m▼
Provisions and deferred taxes16€12.9m€15.2m▲
Provisions for liabilities and charges160/5€12.9m€15.2m▲
Pensions and similar obligations160€41,483€0▼
Major repairs and maintenance162€4.7m€4.7m=
Environmental obligations163€507,293€458,484▼
Other liabilities and charges164/5€7.7m€10.0m▲
Amounts payable17/49€127.1m€107.8m▼
Amounts payable within one year42/48€124.1m€107.7m▼
Trade debts44€28.4m€19.7m▼
Suppliers440/4€28.4m€19.7m▼
Taxes, remuneration and social security45€54.2m€56.4m▲
Taxes450/3€3.8m€5.8m▲
Remuneration and social security454/9€50.3m€50.6m▲
Other amounts payable47/48€41.6m€31.6m▼
Accrued charges and deferred income492/3€2.9m€86,669▼
Income statement Code20232024
Operating income70/76A€385.9m€375.7m▼
Turnover70€195.6m€186.6m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€121,549-€35,985▲
Own construction capitalised72€100.8m€97.3m▼
Other operating income74€71.4m€78.7m▲
Non-recurring operating income76A€18.2m€13.1m▼
Operating charges60/66A€347.5m€345.8m▼
Goods for resale, raw materials and consumables60€8.6m€2.9m▼
Purchases600/8€8.7m€3.0m▼
Change in stocks: decrease (increase)609-€49,990-€33,203▲
Services and other goods61€54.0m€48.3m▼
Remuneration, social security and pensions62€176.6m€181.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105.4m€106.6m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€622,401€2.3m▲
Other operating charges640/8€553,885€962,518▲
Non-recurring operating charges66A€2.9m€3.0m▲
Operating profit (loss)9901€38.4m€29.9m▼
Financial income75/76B€4.9m€6.6m▲
Recurring financial income75€4.9m€6.6m▲
Income from financial fixed assets750€2.9m€2.3m▼
Income from current assets751€1.1m€3.9m▲
Other financial income752/9€930,072€403,683▼
Financial charges65/66B€1.1m€1.3m▲
Recurring financial charges65€1.1m€1.3m▲
Other financial charges652/9€1.1m€1.3m▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€42.2m€35.3m▼
Income taxes67/77-€1.2m
Taxes670/3-€1.2m
Profit (loss) for the period9904€42.2m€34.1m▼
Profit (loss) for the period to be appropriated9905€42.2m€34.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€210.3m€204.3m▼
Profit (loss) brought forward from the previous period14P€168.1m€170.3m▲
Profit to be distributed694/7€40.0m€100.0m▲
Return on contributions (dividend)694€40.0m€100.0m▲
Social balance
Average headcount (FTE)90871,287.91,227.3▼

The notes to these accounts (93 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€388.7m€382.6m€385.9m€375.7m▼ 2.6%
Turnover70€220.8m€192.3m€197.3m€195.6m€186.6m▼ 4.6%
Change in stocks of work in progress, finished goods and contracts in progress71-€188,054-€666,933-€121,549-€35,985▲ 70.4%
Own construction capitalised72-€93.0m€104.7m€100.8m€97.3m▼ 3.5%
Other operating income74-€91.3m€78.5m€71.4m€78.7m▲ 10.3%
Non-recurring operating income76A-€11.8m€2.7m€18.2m€13.1m▼ 27.9%
Operating charges60/66A-€336.9m€331.6m€347.5m€345.8m▼ 0.5%
Goods for resale, raw materials and consumables60-€5.7m€4.8m€8.6m€2.9m▼ 66.1%
Purchases600/8-€6.1m€4.8m€8.7m€3.0m▼ 65.9%
Change in stocks: decrease (increase)609--€323,769€30,341-€49,990-€33,203▲ 33.6%
Services and other goods61-€60.3m€62.1m€54.0m€48.3m▼ 10.5%
Remuneration, social security and pensions62-€174.5m€168.8m€176.6m€181.7m▲ 2.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95.2m€95.2m€95.5m€105.4m€106.6m▲ 1.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€825,868-€61,928€0--
Provisions for liabilities and charges: additions (uses and reversals)635/8-€68,009-€251,537-€622,401€2.3m▲ 468%
Other operating charges640/8-€582,576€546,596€553,885€962,518▲ 73.8%
Non-recurring operating charges66A-€1.3m€230,281€2.9m€3.0m▲ 3.4%
Operating profit (loss)9901€39.6m€51.9m€50.9m€38.4m€29.9m▼ 22.0%
Financial income75/76B-€1.8m€1.8m€4.9m€6.6m▲ 34.6%
Recurring financial income75€972,616€1.8m€1.8m€4.9m€6.6m▲ 34.6%
Income from financial fixed assets750-€10,470€313,187€2.9m€2.3m▼ 21.2%
Income from current assets751-€6,810€80,845€1.1m€3.9m▲ 262%
Other financial income752/9-€1.7m€1.4m€930,072€403,683▼ 56.6%
Financial charges65/66B-€2.4m€3.9m€1.1m€1.3m▲ 21.8%
Recurring financial charges65€1.0m€2.4m€1.9m€1.1m€1.3m▲ 21.8%
Other financial charges652/9-€2.4m€1.9m€1.1m€1.3m▲ 21.8%
Non-recurring financial charges66B--€2.0m€0--
Profit (loss) for the period before taxes9903€39.5m€51.2m€48.8m€42.2m€35.3m▼ 16.5%
Income taxes67/77-€866,127---€1.2m-
Taxes670/3----€1.2m-
Profit (loss) for the period9904€40.4m€51.2m€48.8m€42.2m€34.1m▼ 19.4%
Profit (loss) for the period to be appropriated9905€40.4m€51.2m€48.8m€42.2m€34.1m▼ 19.4%
Line20202021202220232024Change
Assets
Total assets20/58€328.2m€399.0m€392.4m€337.7m€254.8m▼ 24.6%
Fixed assets21/28€92.0m€94.7m€108.9m€108.7m€103.4m▼ 4.9%
Intangible fixed assets21€79.4m€81.4m€95.2m€95.4m€91.0m▼ 4.6%
Tangible fixed assets22/27€10.3m€10.8m€13.2m€12.8m€11.9m▼ 7.3%
Land and buildings22-€2.0m€2.0m€1.7m€1.2m▼ 27.9%
Plant, machinery and equipment23-€7.5m€10.1m€8.8m€9.0m▲ 2.7%
Furniture and vehicles24-€935,599€670,041€1.4m€1.0m▼ 29.8%
Other tangible fixed assets26-€105,073€88,644€76,023€70,760▼ 6.9%
Assets under construction and advance payments27-€211,008€413,462€873,074€588,588▼ 32.6%
Financial fixed assets28€2.3m€2.5m€483,360€512,900€512,900=
Affiliated companies280/1-€2.5m€483,360€483,360€483,360=
Participating interests280-€2.5m€483,360€483,360€483,360=
Other financial fixed assets284/8---€29,540€29,540=
Amounts receivable and cash guarantees285/8---€29,540€29,540=
Current assets29/58€236.1m€304.3m€283.5m€229.0m€151.4m▼ 33.9%
Amounts receivable after more than one year29-€27.9m€25.8m€25.3m€26.3m▲ 3.7%
Other amounts receivable291-€27.9m€25.8m€25.3m€26.3m▲ 3.7%
Stocks and contracts in progress3€399,101€1.6m€882,955€812,325€808,613▼ 0.5%
Stocks30/36-€722,869€692,528€743,447€775,720▲ 4.3%
Goods purchased for resale34-€722,869€692,528€742,518€775,720▲ 4.5%
Advance payments36---€929€0▼ 100%
Contracts in progress37-€857,360€190,427€68,878€32,893▼ 52.2%
Amounts receivable within one year40/41€195.5m€250.0m€244.0m€200.7m€120.1m▼ 40.2%
Trade receivables40-€74.3m€64.4m€62.4m€62.5m▲ 0.2%
Other amounts receivable41-€175.7m€179.6m€138.3m€57.6m▼ 58.4%
Cash at bank and in hand54/58€678,601€1.6m€123,500€160,857€354,933▲ 121%
Deferred charges and accrued income490/1-€23.2m€12.7m€2.0m€3.9m▲ 94.0%
Equity and liabilities
Total equity and liabilities10/49€328.2m€399.0m€392.4m€337.7m€254.8m▼ 24.6%
Equity10/15€237.0m€246.7m€195.6m€197.8m€131.8m▼ 33.3%
Contributions10/11€25.0m€25.0m€25.0m€25.0m€25.0m=
Capital10-€25.0m€25.0m€25.0m€25.0m=
Issued capital100-€25.0m€25.0m€25.0m€25.0m=
Reserves13€2.5m€2.5m€2.5m€2.5m€2.5m=
Non-distributable reserves130/1-€2.5m€2.5m€2.5m€2.5m=
Legal reserve130-€2.5m€2.5m€2.5m€2.5m=
Profit (loss) carried forward14€208.0m€219.2m€168.1m€170.3m€104.3m▼ 38.7%
Provisions and deferred taxes16€16.8m€11.9m€10.8m€12.9m€15.2m▲ 17.8%
Provisions for liabilities and charges160/5-€11.9m€10.8m€12.9m€15.2m▲ 17.8%
Pensions and similar obligations160-€644,821€131,706€41,483€0▼ 100%
Major repairs and maintenance162-€4.7m€4.7m€4.7m€4.7m=
Environmental obligations163-€737,318€621,929€507,293€458,484▼ 9.6%
Other liabilities and charges164/5-€5.9m€5.4m€7.7m€10.0m▲ 31.1%
Amounts payable17/49€74.3m€140.3m€186.0m€127.1m€107.8m▼ 15.2%
Amounts payable within one year42/48€70.4m€135.3m€185.7m€124.1m€107.7m▼ 13.2%
Trade debts44€15.5m€28.7m€21.9m€28.4m€19.7m▼ 30.6%
Suppliers440/4-€28.7m€21.9m€28.4m€19.7m▼ 30.6%
Advances received on contracts in progress46-€235,627€0---
Taxes, remuneration and social security45-€66.3m€61.1m€54.2m€56.4m▲ 4.2%
Taxes450/3-€5.3m€5.6m€3.8m€5.8m▲ 51.6%
Remuneration and social security454/9-€61.0m€55.5m€50.3m€50.6m▲ 0.6%
Other amounts payable47/48-€40.0m€102.7m€41.6m€31.6m▼ 24.1%
Accrued charges and deferred income492/3-€5.1m€362,607€2.9m€86,669▼ 97.0%
Line20202021202220232024Change
Profit (loss) for the period9904€40.4m€51.2m€48.8m€42.2m€34.1m▼ 19.4%
+ Depreciation and write-downs630€95.2m€95.2m€95.5m€105.4m€106.6m▲ 1.2%
Operating cash flow (approximation)€135.7m€146.4m€144.3m€147.6m€140.7m▼ 4.7%
Investment in fixed assets (approximation)--€97.9m-€109.6m-€105.2m-€101.3m▲ 3.8%
Change in cash-€962,589-€1.5m€37,357€194,077▲ 420%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-09
State Gazette act Merger · Other statement
Declaration · Purpose change8 facts ▸
  • Merger, fusie door overneming, goedkeuring door de algemene vergaderingen van Nokia en Infinera
  • Other statement, Rechtvaardiging van de voorgestelde verrichting, volledige integratie (op operationeel, organisatorisch, commercieel, juridisch, financieel en boekhoudkundig vl…
  • Declaration, geen bijzondere rechten of andere effecten, Aangezien de statuten van Infinera niet voorzien in bijzondere rechten voor haar aandeelhouders en Infinera geen and…
  • Declaration, geen bijzondere voordelen aan bestuurders, Geen bijzondere voordelen werden of zullen worden toegekend aan de bestuurders van Nokia of Infinera in het kader van…
  • Purpose change
  • General meeting, buitengewone algemene vergadering, goedkeuring fusievoorstel
  • General meeting, buitengewone algemene vergadering, goedkeuring fusievoorstel
  • Other statement, section heading introducing the information required by article 12:50 second paragraph WVV for Nokia and Infinera
24-07
State Gazette act Resignations: Björn CAPENS, Deckers, Carl and 5 others
Appointments: Björn CAPENS, Deckers, Carl and 3 others · Permanent representatives: Casper VERBEEК and Björn CAPENS · Reappointment: Deloitte Bedrijfsrevisoren B.V.o.v.v.e. CVBA (statutory auditor)21 facts ▸
  • General meeting, 16-06-2026
  • Director resignation, Björn CAPENS (director)
  • Director resignation, Deckers, Carl (director)
  • Director resignation, K. Lemmens (director)
  • Director resignation, SIMULA Tatu Mikko Verneri (director)
  • Director resignation, Stephen MUSCAT (director)
  • Director resignation, Casper VERBEEК (director)
  • Director resignation, J. Grisi (director)
  • Director appointment, Björn CAPENS (director)
  • Director appointment, Deckers, Carl (director)
  • Director appointment, SIMULA Tatu Mikko Verneri (director)
  • Director appointment, Stephen MUSCAT (director)
  • +9 further facts in this act
26-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
08-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Highest result since 2018net €51.2m ▲26.7%
Operating result €51.9m, net result €51.2m, both a record.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
07-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 7 days late
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
16-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
01-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 46 acts read
About the unread acts

Of the 46 Belgian State Gazette acts we know for this company, 2 have been read. The other 44 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
no sitting director, last change in 2026

Statutory auditor 1

Deloitte Bedrijfsrevisoren B.V. o.v.v.e. CVBA
Auditor · since 16-06-2026 · perm. rep.: Nico Houthaeve
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
44 of this company's 46 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1980
seat establishment The establishment unit on the map
Ground area
5,770 m²
Building footprint
3,822 m²
Volume, LiDAR
108,209 m³
Parcel 11808H1136/00B008, Flanders · tallest building 38.5 m, ±9 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Nokia Bell NV
Copernicuslaan 50, 2018 AntwerpenNACE 2465001
since 19802.104.386.690
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H1136/00B008 Flanders 5,770 m² 1 · 3,822 m² 38.5 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.

Mandate history

8 people since 2025, 1 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Deloitte Bedrijfsrevisoren B.V. o.v.v.e. CVBA
  • Auditor, from 16-06-2026 to date
Björn CAPENS
  • Director, from 16-06-2026 to 24-07-2026
Casper VERBEEК
  • Director, from 16-06-2026 to 24-07-2026
Deckers, Carl
  • Director, from 16-06-2026 to 24-07-2026
K. Lemmens
  • Director, until 24-07-2026
SIMULA Tatu Mikko Verneri
  • Director, from 16-06-2026 to 24-07-2026
Stephen MUSCAT
  • Director, from 16-06-2026 to 24-07-2026
J. Grisi
  • Director, until 30-09-2025
See the board, name and seat on a given date →

Articles of association

Purpose
A) de studie, de ontwikkeling, de vervaardiging, de inrichting, de verkoop, de aankoop, het huren, het verhuren, de commercialisering, de in- en uitvoer van, de installatie, de…
Full purpose (10 activities)
  1. A) de studie, de ontwikkeling, de vervaardiging, de inrichting, de verkoop, de aankoop, het huren, het verhuren, de commercialisering, de in- en uitvoer van, de installatie, de montage, het onderhoud, de herstelling, de distributie, de opslag en de uitbating: - van systemen, apparaten en voorwerpen, industriële, elektrische en andere producten, meet-en controleinstrumenten op het gebied van telecommunicaties (per draad of draadloos), databeheer en transmissie, op het gebied van de elektronica en aanverwante technieken ten behoeve van directe en indirecte netwerkoperatoren, inclusief de toepassing ervan, onderzoek- en ontwikkelingswerk, consulting en technische dienstverlening en de ontwikkeling van software in alle voormelde gebieden en op alle gebieden die daarmee als samenlopend kunnen beschouwd worden, hetzij door hun toepassing hetzij door hun opbouw; - van systemen, apparaten en voorwerpen voor verkoeling, verwarming, verlichting en luchtconditionering; - van huishoudapparaten, elektrische kabels, isoleerstoffen en artikelen in plastische stoffen; - van systemen, apparaten en voorwerpen op het gebied van de didactiek; van alle organen, onderdelen en grondstoffen voorkomend in gelijk welke van de hierboven opgesomde fabricatie en van alle gelijkaardige organen, onderdelen en grondstoffen; en - in het algemeen, van alle toestellen en voorwerpen van gelijk welke aard die de activiteit van de vennootschap of haar uitbreiding en ontwikkeling kunnen bevorderen
  2. B) de exploitatie of het beheer van telecommunicatienetwerken voor eigen behoeften of voor behoeften van derden en het verrichten van activiteiten als systeemintegrator
  3. C) het leveren van diensten van beheer die verband houden met de telecommunicatie, databeheer en transmissie en aanverwante technieken en dit in de ruimste zin van het woord
  4. Zij zal alle installaties en fabrieken mogen oprichten, alle apparaten met betrekking tot haar nijverheid of handel kopen en verkopen en alle roerende en onroerende goederen, noodzakelijk of nuttig voor de verwezenlijking van haar maatschappelijk doel, bouwen, aankopen, in huur nemen of geven, omruilen of oprichten. Zij kan geheel of gedeeltelijk nemen, verwerven, uitbaten of afstaan: alle brevetten, licenties, vergunningen, intellectuele rechten en industriële en commerciële eigendom, die rechtstreeks of onrechtstreeks betrekking hebben op haar maatschappelijk doel
  5. De vennootschap kan samenwerken met, deelnemen in, of op gelijk welke wijze rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen in België of in het buitenland en/of bijkantoren oprichten in België of het buitenland. Zij mag door middel van afstand, inbreng, fusie, deelneming, financiële tussenkomst, aankoop van aandelen, deelbewijzen en obligaties of op elke andere wijze belang nemen in alle ondernemingen in binnen- en buitenland waarvan het voorwerp identiek is aan, gelijkaardig of samenhangend is met het hare, vatbaar is om afzet voor haar producten en diensten te verschaffen of grondstoffen te leveren die noodzakelijk zijn voor haar exploitatie of van aard is de verwezenlijking van haar maatschappelijk doel te bevorderen of te vergemakkelijken
  6. Zij kan, voor eigen rekening en voor rekening van derden, alle handelingen van bijstand, advies- en dienstverlening stellen, zowel in eigen naam als in hoedanigheid van tussenpersoon of vertegenwoordiger en dit op de meest diverse gebieden, zoals dat van de opleiding, het juridische, fiscale, commerciële, bedrijfstechnische en financiële, enzovoorts, zonder dat deze opsomming als beperkend kan worden beschouwd
  7. Zij mag deelnemen, hetzij voor haar eigen rekening, hetzij voor rekening van derden, hetzij in participatie, in alle financiële, industriële, commerciële en maritieme verrichtingen en openbare werken, verrichtingen doen met alle gouvernementele, provinciale of gemeentelijke overheden, met vennootschappen of particulieren, alle roerende en onroerende waarden aankopen en vervreemden
  8. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg en zakelijke en persoonlijke zekerheden stellen, onder meer door haar goeden in hypotheek of in pand te geven, inclusief de eigen handelszaak. De vennootschap heeft alsnog tot doel het voeren van het beheer en de directie van andere vennootschappen en/of bedrijven, alsook de uitoefening van de functies van bestuurder of vereffenaar van andere vennootschappen
  9. In het algemeen zal zij alle industriële, commerciële of financiële roerende of onroerende verrichtingen mogen doen die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk, verband houden met één van de doeleinden van de vennootschap of op gelijkaardige of aanverwante doeleinden of die van aard zouden zijn de verwezenlijken ervan te vergemakkelijken of te bevorderen
  10. De voorgaande opsomming is verklarend en niet beperkend. Zij dient in de meest brede zin opgenomen te worden
Other statement
One provision in the deed
Power of attorney
Björn CAPENS
Deckers, Carl
Christiaens, Filip
Emmanuelle Pierrard
Claus Descamps
Pierre Debrulle
Philip van den Eynde
Didier Verheye
Annick Amry
Bas van Weelden
Stijn Palmans
Sabrina Marien
Isabelle van den Eynde
Nadia Beutels
Maura Cocuzza
Luc De Clercq
Vandenbroeck, Josiane
Plovie, Anca
Lobanova, Tatyana
Palestro, Agostina
Moullet, Pierre
Geert Heyninck
Sylvia Stojanov
Benjamin Martens
Erik Neel
Olivier Bruyndonckx
Paul Van Steenvoort
Ingrid Van de Voorde
Marc Vancoppenolle
Johan Dewachtere
26 more provisions on this in the deed

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. Nokia OyjFI consolidated
  2. NOKIA BELL

Highest known parent: Nokia Oyj (Finland). The sources do not say who stands above it.

Owners 1

Holdings 1

  • Nokia Solutions and Networks India PLCIN
    Equity INR 102.47bnResult INR 12.04bn
    1.6%
Stated earlier (1)

An older source named these holdings; newer accounts no longer list them.

According to the 2024 annual accounts of NOKIA BELL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
BE 0504.960.026merger by absorption · proposal · State Gazette act of 18-09-2026 (2 acts)

Public money · subsidies and aid

Flemish government

2022 to 2025 · 12 entries · 5,080,475 EUR awarded · 2,763,492 EUR paid
Year Entries awardedpaid
2025 6 1,133,222 EUR1,397,628 EUR
2024 2 2,278,730 EUR673,677 EUR
2023 2 34,189 EUR684,189 EUR
2022 2 1,634,334 EUR7,998 EUR
Schemes
5 entries · 3,881,389 EUR · 2,443,336 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 471,691 EUR · 188,000 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 391,574 EUR · Fonds voor Innoveren en Ondernemen
1 entry · 253,665 EUR · 50,000 EUR paid · Fonds voor Innoveren en Ondernemen
4 entries · 82,156 EUR · 82,156 EUR paid · Departement Werk en Sociale Economie

European Union, budget

2022 · 1 entry · 428,256 EUR in total
Year Entries awarded
2022 1 428,256 EUR
Projects
POLIIICE - POWERFUL LAWFUL INTERCEPTION, INVESTIGATION, AND INTELLIGENCE
Horizon Europe · 01-10-2022 to 30-09-2025 · 428,256 EUR

European research

24 projects · 2 as coordinator · 9,161,214 EUR EU contribution
Programmes
19 entries · 6,956,681 EUR
3 entries · 1,769,158 EUR
2 entries · 435,375 EUR
Projects
Format-Agnostic SCript-based INterAcTive Experience
Seventh Framework Programme · participant · 01-02-2010 to 31-07-2013 · 1,080,450 EUR · FascinatE
Together Anywhere, Together Anytime
Seventh Framework Programme · participant · 01-02-2008 to 31-03-2012 · 1,063,480 EUR · TA2
5G-enabled Growth in Vertical Industries
Horizon 2020 · participant · 01-06-2019 to 28-02-2022 · 937,838 EUR · 5GROWTH
Network intelligence for aDAptive and sElf-Learning MObile Networks
Horizon 2020 · participant · 01-01-2021 to 31-03-2024 · 575,000 EUR · DAEMON
Experimental UpdateLess Evolutive Routing
Seventh Framework Programme · coordinator · 01-10-2010 to 30-06-2014 · 563,015 EUR · EULER
Show 19 more projects
Future Service Oriented Networks
Seventh Framework Programme · participant · 01-01-2013 to 30-06-2016 · 554,500 EUR · FUSION
Internet Connected Objects for Reconfigurable Ecosystems
Seventh Framework Programme · participant · 01-10-2011 to 31-10-2014 · 504,060 EUR · iCore
Open ContEnt Aware Networks
Seventh Framework Programme · participant · 01-02-2010 to 31-08-2013 · 499,500 EUR · OCEAN
Unified Service Platform Over multi-VEndor Telco Cloud InfrastRuctures, ExposInG beyond ConNectivity services in 6G networks
Horizon Europe · participant · 01-09-2026 to 31-08-2029 · 435,375 EUR · SOVEREIGN-6G
Reducing Internet Transport Latency
Seventh Framework Programme · participant · 01-11-2012 to 30-11-2015 · 395,669 EUR · RITE
Experimental COgnitive Distributed Engine
Seventh Framework Programme · coordinator · 01-09-2008 to 31-12-2011 · 388,631 EUR · ECODE
Internet of Things Architecture
Seventh Framework Programme · participant · 01-09-2010 to 30-11-2013 · 304,110 EUR · IoT-A
Switch-Mode Analog Signal Processing for Integrated 5G Transceivers
Horizon 2020 · participant · 01-08-2020 to 31-07-2024 · 256,320 EUR · SMArT
enhanced COntent distribUtion with Social INformation
Seventh Framework Programme · participant · 01-11-2012 to 30-04-2015 · 232,168 EUR · eCOUSIN
Evolved Internet Future for European Leadership
Seventh Framework Programme · participant · 01-01-2008 to 31-10-2010 · 230,330 EUR · EIFFEL
mPlane – an Intelligent Measurement Plane for Future Network and Application Management
Seventh Framework Programme · participant · 01-11-2012 to 31-12-2015 · 217,623 EUR · mPlane
Research for Development of Future Interactive Generations of Hybrid Fibre Coax Networks
Seventh Framework Programme · participant · 01-01-2008 to 30-06-2010 · 216,948 EUR · ReDeSign
REal and Virtual Engagement in Realistic Immersive Environments
Seventh Framework Programme · participant · 01-09-2011 to 31-05-2015 · 204,530 EUR · REVERIE
Video Communications for Networked Communities
Seventh Framework Programme · participant · 01-12-2011 to 30-11-2014 · 147,048 EUR · Vconect
C-DAX: Cyber-secure Data and Control Cloud for Power Grids
Seventh Framework Programme · participant · 01-10-2012 to 29-02-2016 · 140,609 EUR · C-DAX
Secure Widespread Identities for Federated Telecommunications
Seventh Framework Programme · participant · 01-01-2008 to 30-06-2010 · 108,762 EUR · SWIFT
Network of Excellence in Internet Science
Seventh Framework Programme · participant · 01-12-2011 to 31-05-2015 · 84,943 EUR · EINS
Support Action for the NEM European Technology Platform
Seventh Framework Programme · participant · 01-10-2007 to 30-11-2009 · 20,305 EUR · 4NEM
Powerful Lawful Interception, Investigation, and Intelligence
Horizon Europe · participant · 01-10-2022 to 30-09-2025 · POLIIICE

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.104.386.690
1 permission
Toelating · Andere grootkeuken (bereiding - distributie maaltijden) · since 01-09-2025

Legal Entity Identifier

549300O3SGMD4K45DN61
live in the LEI register

Similar companies · same sector, comparable size

Of 122 companies in sector 26300 we hold annual accounts for 97. 9 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
Founded01-01-1918
Fiscal year end31-12
Activities, NACEBEL 2025
26300Manufacture of computer, electronic and optical products
27510Manufacture of electrical equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0404621642
Also 9925:BE0404621642
Registered 06-09-2022

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.