notélé
Annual accounts 2025
full format, filed on 12-05-2026, 80 days before the deadline€4.4m
▲ 6.9%
€28,783
▲ 193%
€16,641
▲ 25.5%
€1.0m
▲ 56.6%
21.3%
▲ 0.1 percentage points
1.99
▲ 0.45
The turnover shown is an estimate from the gross margin.
Turnover ≈ €7.5m. Estimated: probably between €5.1m and €12.0m.
Balance sheet
balance sheet total €3.0m on 31-12-2025What the company ownsHow it is paid for
in euro
in €m
Position in the sector
21.3%
Higher than 28% of 34 companies in 2025.
1.99
Higher than 51% of 36 companies in 2025.
0.5%
Higher than 45% of 34 companies in 2025.
notélé
Middle half of the sector
80% of the sector
Full accounts in programming and broadcasting (NACE 60)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€77,484
Staff costs divided by the average number of full-time equivalents.
-2 people
people who joined
people who left
In 2025, 7 people joined and 9 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
3.0m | 3.1m | 2.6m | 2.5m | 2.7m | 2.1m | 2.2m | 2.4m | 1.9m | 1.9m | 2.2m | 2.2m | 2.4m | 2.6m | 3.5m | 3.5m | 3.3m | 4.3m | 3.0m | |
21/28 |
1.0m | 1.3m | 957,760 | 1.1m | 853,008 | 697,193 | 814,933 | 826,769 | 535,364 | 542,813 | 567,341 | 774,382 | 1.1m | 1.1m | 1.2m | 1.5m | 1.7m | 2.2m | 1.7m | |
21 |
- | - | - | - | 0 | - | - | - | - | 74 | 31,332 | 63,897 | 63,919 | 97,928 | 132,904 | 120,308 | 140,359 | 162,303 | 184,804 | |
22/27 |
937,328 | 1.2m | 881,911 | 1.0m | 786,705 | 632,855 | 781,217 | 796,562 | 497,466 | 499,974 | 495,308 | 663,288 | 964,409 | 910,663 | 990,159 | 1.3m | 1.4m | 1.9m | 1.4m | |
23 |
630,314 | 687,145 | 254,260 | 349,363 | 465,391 | 517,858 | 602,723 | 561,002 | 261,014 | 375,752 | 376,340 | 460,670 | 568,561 | 487,683 | 409,017 | 446,534 | 367,023 | 489,902 | 576,412 | |
24 |
307,014 | 533,268 | 627,651 | 693,089 | 321,314 | 114,996 | 178,494 | 235,561 | 236,453 | 124,222 | 118,968 | 202,618 | 395,848 | 419,113 | 556,091 | 803,808 | 1.0m | 1.3m | 857,710 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,867 | 25,052 | 46,237 | 68,303 | 76,584 | 13,747 | |
28 |
70,475 | 81,895 | 75,849 | 64,834 | 66,303 | 64,339 | 33,716 | 30,207 | 37,897 | 42,765 | 40,701 | 47,198 | 43,978 | 59,328 | 63,986 | 130,815 | 130,372 | 114,648 | 40,390 | |
29/58 |
2.0m | 1.8m | 1.6m | 1.4m | 1.9m | 1.4m | 1.4m | 1.6m | 1.3m | 1.3m | 1.6m | 1.4m | 1.3m | 1.5m | 2.3m | 2.0m | 1.6m | 2.1m | 1.4m | |
40/41 |
597,858 | 747,958 | 707,579 | 641,416 | 651,424 | 525,337 | 508,470 | 435,224 | 698,911 | 353,388 | 858,609 | 928,433 | 819,025 | 1.1m | 2.0m | 1.3m | 1.3m | 1.4m | 1.0m | |
40 |
489,431 | 392,962 | 500,986 | 436,516 | 432,007 | 340,514 | 335,085 | 307,613 | 354,382 | 306,263 | 389,315 | 455,924 | 563,737 | 743,071 | 548,925 | 1.0m | 878,002 | 1.4m | 992,473 | |
41 |
108,426 | 354,997 | 206,593 | 204,901 | 219,417 | 184,823 | 173,385 | 127,610 | 344,530 | 47,125 | 469,295 | 472,509 | 255,288 | 310,563 | 1.4m | 293,811 | 448,322 | 1,164 | 20,170 | |
50/53 |
- | 440,000 | 500,000 | - | - | - | - | - | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | - | - | - | - | 108,959 | 213,323 | |
54/58 |
1.4m | 633,106 | 431,145 | 705,738 | 1.2m | 920,180 | 882,985 | 1.1m | 489,106 | 875,843 | 628,706 | 414,441 | 326,274 | 402,741 | 333,670 | 633,276 | 237,849 | 507,750 | 96,523 | |
490/1 |
13,284 | 19,027 | 9,542 | 4,182 | 6,894 | 2,255 | 25,714 | 27,440 | 31,583 | 13,455 | 36,757 | 6,428 | 63,548 | 50,536 | 12,642 | 8,136 | 23,743 | 33,358 | 28,074 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
3.0m | 3.1m | 2.6m | 2.5m | 2.7m | 2.1m | 2.2m | 2.4m | 1.9m | 1.9m | 2.2m | 2.2m | 2.4m | 2.6m | 3.5m | 3.5m | 3.3m | 4.3m | 3.0m | |
10/15 |
646,192 | 664,251 | 598,943 | 586,933 | 605,257 | 549,177 | 465,774 | 496,019 | 390,147 | 316,036 | 329,540 | 196,327 | 186,532 | 347,521 | 448,473 | 565,452 | 441,750 | 403,322 | 338,359 | |
10 |
131,298 | 131,298 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
301,411 | 301,411 | 301,411 | 301,411 | 301,411 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
161,432 | 144,791 | 131,534 | 102,173 | 85,798 | 81,768 | 35,808 | 34,207 | -16,760 | -122,717 | -153,452 | -233,218 | -272,756 | -145,377 | 8,711 | 92,149 | 92,149 | 45,439 | 43,313 | |
15 |
52,050 | 86,750 | 34,700 | 52,050 | 86,750 | 34,700 | 77,256 | 109,102 | 54,198 | 86,043 | 130,282 | 76,836 | 106,579 | 140,189 | 87,052 | 120,594 | 68,303 | 76,584 | 13,747 | |
16 |
1.1m | 794,484 | 680,000 | 449,286 | 400,000 | 210,000 | 102,940 | 102,940 | 62,940 | 137,659 | 137,659 | 137,659 | 137,659 | 443,623 | 655,000 | 750,000 | 270,000 | 200,000 | 250,000 | |
160/5 |
1.1m | 794,484 | 680,000 | 449,286 | 400,000 | 210,000 | 102,940 | 102,940 | 62,940 | 137,659 | 137,659 | 137,659 | 137,659 | 443,623 | 655,000 | 750,000 | 270,000 | 200,000 | 250,000 | |
163 |
1.1m | 794,484 | 680,000 | 449,286 | 400,000 | 210,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
1.3m | 1.7m | 1.3m | 1.4m | 1.7m | 1.4m | 1.7m | 1.8m | 1.4m | 1.4m | 1.7m | 1.9m | 2.1m | 1.8m | 2.4m | 2.2m | 2.6m | 3.7m | 2.4m | |
17 |
313,409 | 489,726 | 251,497 | 389,612 | 570,799 | 383,804 | 569,646 | 490,643 | 216,708 | 237,095 | 438,343 | 480,934 | 816,700 | 684,310 | 671,657 | 945,754 | 1.1m | 1.4m | 876,377 | |
170/4 |
313,409 | 489,726 | 251,497 | 389,612 | 570,799 | 383,804 | 569,646 | 490,643 | 216,708 | 237,095 | 438,343 | 480,934 | 816,700 | 684,310 | 671,657 | 945,754 | 1.1m | 1.4m | 876,377 | |
42/48 |
1.0m | 1.2m | 1.0m | 1.0m | 1.2m | 979,776 | 1.1m | 1.3m | 1.2m | 1.2m | 1.3m | 1.4m | 1.2m | 1.1m | 1.7m | 1.2m | 1.4m | 2.1m | 1.4m | |
42 |
221,834 | 235,360 | 194,295 | 259,453 | 284,043 | 217,374 | 289,687 | 269,811 | 199,451 | 246,528 | 264,108 | 337,227 | 414,843 | 397,982 | 605,881 | 385,715 | 358,104 | 345,484 | 283,537 | |
44 |
392,507 | 590,376 | 431,753 | 413,769 | 553,612 | 441,483 | 430,498 | 709,433 | 631,403 | 623,538 | 646,961 | 681,068 | 456,937 | 359,419 | 496,059 | 456,015 | 683,623 | 1.0m | 782,460 | |
440/4 |
392,507 | 590,376 | 431,753 | 413,769 | 553,612 | 441,483 | 430,498 | 709,433 | 631,403 | 623,538 | 646,961 | 681,068 | 456,937 | 359,419 | 496,059 | 456,015 | 683,623 | 1.0m | 782,460 | |
45 |
390,489 | 359,826 | 382,781 | 356,256 | 324,673 | 310,647 | 346,616 | 348,832 | 346,414 | 317,519 | 321,625 | 333,169 | 341,331 | 320,046 | 603,156 | 329,838 | 344,311 | 384,563 | 280,573 | |
450/3 |
2,796 | 5,349 | 38,724 | 4,377 | 4,677 | 4,577 | 2,483 | 2,690 | 2,702 | 1,210 | 1,208 | 3,022 | 3,187 | - | - | 17,202 | 42,417 | 97,630 | 5,139 | |
454/9 |
387,692 | 354,477 | 344,057 | 351,879 | 319,996 | 306,070 | 344,133 | 346,142 | 343,713 | 316,309 | 320,417 | 330,148 | 338,144 | 320,046 | 603,156 | 312,637 | 301,894 | 286,933 | 275,435 | |
47/48 |
14,793 | 8,375 | 9,883 | 3,314 | 372 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
492/3 |
- | - | 56,874 | - | 0 | 22,208 | 17,100 | 5,000 | - | - | - | - | 14,796 | 9,954 | 27,015 | 68,215 | 112,485 | 158,597 | 204,291 | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | 68,198 | - | - | - | 30,813 | 3,987 | - | - | - | - | - | - | 21,124 | 19,017 | 35,709 | 16,354 | |
9900 |
4.4m | 4.1m | 4.3m | 3.8m | 3.3m | 3.4m | 3.1m | 3.2m | 3.2m | 3.2m | 3.2m | 3.5m | 3.3m | 3.3m | 3.5m | 4.1m | 3.7m | 3.3m | 3.2m | |
62 |
3.5m | 3.4m | 3.6m | 3.2m | 2.7m | 2.8m | 2.8m | 2.8m | 2.8m | 2.7m | 2.8m | 2.9m | 3.1m | 3.0m | 3.0m | 2.9m | 3.0m | 2.7m | 2.5m | |
630 |
508,073 | 492,449 | 392,418 | 477,200 | 397,356 | 352,951 | 330,602 | 301,747 | 304,054 | 365,180 | 319,064 | 495,476 | 479,953 | 576,624 | 479,651 | 531,008 | 510,824 | 589,072 | 547,556 | |
631/4 |
3,099 | 11,403 | 1,526 | -2,876 | 4,209 | 5,444 | 2,895 | 439 | 78,455 | 3,506 | 821 | -1,651 | -6,440 | -12,832 | 25,484 | -1,233 | 19,903 | 19,655 | 195 | |
640/8 |
35,059 | 31,871 | 27,517 | 31,212 | 19,246 | 21,418 | 23,091 | 21,838 | 24,533 | 33,274 | 19,799 | 20,648 | 24,879 | 13,226 | 17,578 | 23,053 | 30,014 | 26,607 | 24,219 | |
66A |
14,339 | 7,674 | - | 47,784 | 39,168 | 4,215 | 3,791 | 4,848 | 28,126 | 3,798 | 14,236 | 9,413 | 14,750 | 3,453 | 1,616 | 2,100 | - | 1,800 | 2,993 | |
9901 |
28,783 | 9,826 | 19,184 | 27,682 | 11,435 | 106,597 | 11,712 | 44,135 | -8,981 | 50,934 | 127,561 | 83,637 | -47,866 | -83,254 | 43,282 | 121,244 | 107,174 | 35,030 | 55,600 | |
75/76B |
11,159 | 22,282 | 19,371 | 134 | 2,569 | 30,980 | 5,283 | 2,922 | 723 | 2,825 | 1,025 | 6,309 | 1,759 | 2,988 | 5,602 | 5,927 | 8,821 | 8,086 | 20,878 | |
75 |
11,159 | 22,282 | 19,371 | 134 | 2,569 | 30,980 | 5,283 | 2,922 | 723 | 2,825 | 1,025 | 6,309 | 1,759 | 2,988 | 5,602 | 5,927 | 8,821 | 8,086 | 20,878 | |
65/66B |
23,300 | 18,849 | 9,194 | 11,441 | 9,974 | 11,618 | 17,392 | 22,055 | 18,556 | 19,225 | 34,584 | 40,996 | 66,522 | 70,369 | 130,705 | 74,784 | 88,301 | 74,899 | 63,537 | |
65 |
23,300 | 18,849 | 9,194 | 11,441 | 9,974 | 11,618 | 17,392 | 22,055 | 18,556 | 19,225 | 34,584 | 40,996 | 66,522 | 70,369 | 130,705 | 74,784 | 88,301 | 74,899 | 63,537 | |
9903 |
16,641 | 13,258 | 29,360 | 16,375 | 4,030 | 125,959 | -398 | 25,003 | -26,814 | 34,533 | 94,002 | 48,951 | -112,629 | -150,635 | -81,822 | 52,387 | 27,694 | -31,784 | 12,941 | |
9904 |
16,641 | 13,258 | 29,360 | 16,375 | 4,030 | 125,959 | 1,601 | 50,967 | 105,957 | 30,735 | 79,766 | 39,538 | -127,379 | -154,088 | -83,438 | 71,411 | 46,710 | 2,125 | 26,301 | |
9905 |
16,641 | 13,258 | 29,360 | 16,375 | 4,030 | 125,959 | 1,601 | 50,967 | 105,957 | 30,735 | 79,766 | 39,538 | -127,379 | - | - | - | - | - | - | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
161,432 | 144,791 | 131,534 | 102,173 | 85,798 | 161,768 | 35,808 | 34,207 | -16,760 | -122,717 | -153,452 | -233,218 | -272,756 | - | - | - | - | - | - | |
14P |
144,791 | 131,534 | 102,173 | 85,798 | 81,768 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
45.3 | 44.7 | 43.2 | 44.4 | 38.7 | 42.8 | 45 | 45 | 45.4 | 48.3 | 51 | 56.9 | 57.8 | 59.6 | 55.9 | 56.6 | 57.4 | 56.2 | 52.5 | |
Hours worked1013 |
70,440 | 70,552 | 69,663 | 72,220 | 68,074 | 64,993 | 71,130 | 73,628 | 74,076 | 74,063 | 74,243 | 78,232 | 81,989 | 81,061 | 76,560 | 77,361 | 77,006 | 77,536 | 74,070 | |
| Document | ||||||||||||||||||||
The accounts for financial year 2006 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 12-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 12-05-2026 | 2026-00110803 | |
| 31-12-2024 | full format | 24-04-2025 | 2025-00077898 | |
| 31-12-2023 | full format | 03-05-2024 | 2024-00083056 | |
| 31-12-2022 | full format | 02-05-2023 | 2023-00081003 | |
| 31-12-2021 | full format | 28-06-2022 | 2022-20100840 | |
| 31-12-2020 | full format | 18-06-2021 | 2021-21300382 | |
| 31-12-2019 | full format | 26-06-2020 | 2020-21800298 | |
| 31-12-2018 | full format | 13-06-2019 | 2019-18000373 | |
| 31-12-2017 | full format | 14-05-2018 | 2018-12700256 | |
| 31-12-2016 | full format | 09-05-2017 | 2017-11500364 | |
| 31-12-2015 | full format | 25-03-2016 | 2016-08300294 | |
| 31-12-2014 | full format | 26-05-2015 | 2015-13200323 | |
| 31-12-2013 | full format | 03-06-2014 | 2014-15000467 | |
| 31-12-2012 | full format | 16-05-2013 | 2013-12400070 | |
| 31-12-2011 | full format | 10-05-2012 | 2012-11300419 | |
| 31-12-2010 | full format | 12-05-2011 | 2011-10900600 | |
| 31-12-2009 | full format | 18-05-2010 | 2010-12000538 | |
| 31-12-2008 | full format | 12-05-2009 | 2009-14300268 | |
| 31-12-2007 | full format | 06-05-2008 | 2008-13100361 | |
| 31-12-2006 | full format | 03-08-2007 | 2007-53200039 |
Subsidies and aid
Wallonia-Brussels Federation 2023 to 2025, 24 entries, €6.0m in total
| Year | Entries | Paid |
|---|---|---|
| 2025 | 9 | €2.0m |
| 2024 | 8 | €2.1m |
| 2023 | 7 | €1.9m |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 536,856 | 502,275 | 411,602 | 504,882 | 408,791 | 459,549 | 342,314 | 345,883 | 295,073 | 416,114 | 446,626 | 579,113 | 432,087 | 493,370 | 522,933 | 652,251 | 617,998 | 624,102 | 603,156 | ||
| 524,714 | 505,707 | 421,778 | 493,575 | 401,386 | 478,911 | 332,203 | 352,715 | 410,011 | 395,915 | 398,831 | 535,014 | 352,574 | 422,536 | 396,213 | 602,419 | 557,535 | 591,198 | 573,857 | ||
| 228,844 | 863,612 | 249,032 | 732,948 | 551,206 | 212,153 | 318,765 | 600,843 | 320,843 | 340,653 | 118,520 | 197,552 | 499,691 | 462,151 | 185,828 | 359,332 | 67,741 | 1.1m | 436,038 | ||
| 787,198 | 201,960 | -274,593 | -521,693 | 307,251 | 37,195 | -259,955 | 653,835 | -386,737 | 247,136 | 214,266 | 88,167 | -76,468 | 69,071 | -299,606 | 395,427 | -269,901 | 411,227 | - | ||
| 1.0m | 646,153 | 629,554 | 318,544 | 723,049 | 467,996 | 340,528 | 267,833 | 134,432 | 147,977 | 338,201 | 40,537 | 83,381 | 417,490 | 615,095 | 781,721 | 187,025 | 39,226 | -4,037 | ||
| 21.3% | 21.1% | 23.0% | 23.9% | 22.1% | 25.6% | 20.9% | 20.4% | 21.0% | 16.8% | 15.0% | 8.8% | 7.8% | 13.5% | 12.8% | 16.1% | 13.4% | 9.5% | 11.2% | ||
| 1.99 | 1.54 | 1.62 | 1.31 | 1.62 | 1.48 | 1.32 | 1.20 | 1.11 | 1.12 | 1.26 | 1.03 | 1.07 | 1.38 | 1.36 | 1.66 | 1.13 | 1.02 | 1.00 | ||
| 2.06 | 2.53 | 2.22 | 2.42 | 2.86 | 2.52 | 3.57 | 3.70 | 3.59 | 4.53 | 5.23 | 9.63 | 11.03 | 5.13 | 5.38 | 3.88 | 5.88 | 9.06 | 7.20 | ||
| 2.6% | 2.0% | 4.9% | 2.8% | 0.7% | 22.9% | 0.3% | 10.3% | 27.2% | 9.7% | 24.2% | 20.1% | -68.3% | -44.3% | -18.6% | 12.6% | 10.6% | 0.5% | 7.8% | ||
| 0.5% | 0.4% | 1.1% | 0.7% | 0.1% | 5.9% | 0.1% | 2.1% | 5.7% | 1.6% | 3.6% | 1.8% | -5.3% | -6.0% | -2.4% | 2.0% | 1.4% | 0.0% | 0.9% | ||
| 23.04 | 26.65 | 44.77 | 44.13 | 40.98 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 48 | 50 | 48 | 49 | 45 |
| full-time | 25 | 32 | 29 | 31 | 29 |
| part-time | 23 | 18 | 19 | 18 | 16 |
| in full-time equivalents | 42.4 | 45.9 | 43.3 | 45.2 | 42.1 |
| 45.3 | 44.7 | 43.2 | 44.4 | 38.7 | |
| On a permanent contract | 44 | 40 | 40 | 42 | 40 |
| Joined | 7 | 8 | 5 | 9 | 8 |
| Left | 9 | 6 | 6 | 6 | 6 |
| Training hours | - | - | - | 57 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €535,243 | €725,086 | €445,792 | €649,066 | €854,842 |
| Pledge on other assets, amount secured | €473,974 | €582,830 | €166,444 | €168,833 | €146,846 |
| Carrying value of the other pledged assets | €345,510 | €517,420 | €258,841 | €208,437 | €314,290 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €228,844 | €857,567 | €238,017 | €732,948 | €551,206 |
| Financial fixed assets | - | €6,046 | €11,015 | - | - |
| €508,073 | €492,449 | €392,418 | €477,200 | €397,356 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on notélé
The operating result for 2025 is 193% higher than in 2024 and the highest since 2020. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 53.6% to 43.9%. Equity and debt are lower.