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ORANGE BELGIUM

Active
Public limited companyfounded 1995active for 30 yearsBourgetlaan 3, 1140 Evere, BelgiumKBO/BCE: BE 0456.810.810
Summary

ORANGE BELGIUM has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €864.1m and a net result of -€10.2m. Equity has been growing by about 5.6% per year since 2018. Its solvency ranks better than 37% of 95 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow ReportCompare
ORANGE BELGIUMActiveChecked score 69/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 18-12-1995 Normal situation
Registered office
16 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
Wired, wireless and satellite telecommunications NACE 61100
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2022
Establishment units
2.068.056.727 4020 Liège, since 05-09-1994
2.075.153.464 1140 Evere, since 09-02-1996and 151 others
Financial year end
31 December
Peppol
Reachable
Company details

Board and ownership

Board
and 12 others
Auditor
Nicc Houthaeve
Shareholders
  • ATLAS SERVICES BELGIUMannual accounts 2025
  • TFG ASSET MANAGEMENT UK LLPannual accounts 2025
  • UBS GROUP AG SAannual accounts 2025
and 2 other shareholders
Holdings
Shares in 11 companies including A&s partners and BETV
Board & ownership

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Turnover
€1.67bn
▲ 17.5%
Loss
€10.2m
Equity
€864.1m
▼ 1.2%
Total assets
€3.71bn
▲ 8.1%
Employees on 31-12-2025
2,367
▲ 44.7%
Standalone figures, without subsidiaries
Financials
Score breakdownraises riskLiquidity: current ratio 0.46, cash €52.1mEquity €864.1m (23.3% of total assets)Sector: Telecommunications (NACE 61)Loss of €10.2m (financial year 2025)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 50% of all companies
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 48-3
equity 23.3% of total assets
Liquidity 43-6
short-term debt 23.8% · cash 1.4%
Profitability 68+2
return on assets -0.3%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (12 companies, NACE 61, large)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.5%▼ -0.2 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026lowest value 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%▲ +0.2 percentage points vs 05-2026highest value 07-2026: 0.8%● unchanged vs 06-2026highest value 08-2026: 0.8%● unchanged vs 07-2026highest value 09-2026: 0.8%● unchanged vs 08-2026highest value 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €59,600,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.46 (0.56 in 2024), below 1. Short-term debt is 23.8% and cash 1.4% of total assets. 76.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies). It does better than 36% of them on solvency, 47% on liquidity, 62% on profitability and 55% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Liquidity: current ratio 0.46, cash €52.1m
NBB · annual accounts
raises risk · Equity €864.1m (23.3% of total assets)
NBB · annual accounts
raises risk · Sector: Telecommunications (NACE 61)
KBO
raises risk · Loss of €10.2m (financial year 2025)
NBB · annual accounts
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 12-05-2026, 80 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
80 days early
2024
73 days early
2023
84 days early
2022
75 days early
2021
81 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 79 days before the deadline. In the sector (NACE 61), the median for financial year 2024 was 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 12 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €96.5m in 2024 -€10.2m View
  • Caution: Lower net result than 91% of companies in telecommunicationssector median €21,865 · 95 companies -€10.2m View
  • 3 restructurings since 2024latest: branch taken over from VOO S.A. 3 View
  • Board changedlatest change 21-10-2026 · 15 in office 2 joined · 3 left View
  • Positive: 5 years of growth in a rowturnover 2025: €1.67bn 5 years View
  • EU supportawarded from 2022 to 2025 €3.9m View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed 2 directors appointed, 3 directors resigningResignations: Matthieu Bouchery, Bernard Demonceau and Bertrand Demonceau · Appointments: Etienne Vincens de Tapol (director) and Nethys SA (director) · Permanent representative: Gregory Demal
  2. · Gazette deed Merger proposal: ORANGE BELGIUM takes over A&S Partners SA
  3. · Gazette deed Merger proposal: Orange Belgium SA/NV takes over Walcom Business Solutions SA
All 88 events

Companies linked to ORANGE BELGIUM

Comparable companies

These companies have the same main activity as ORANGE BELGIUM: wired, wireless and satellite telecommunications (NACE 61100). They are comparable in size and age: total assets between €662m and €10bn, founded between 1923 and 2004.

CompanyTotal assetsTurnover
ORANGE BELGIUM Evere€3,705.0m€1,668.6m
TELENET Mechelen€4,492.9m€2,115.8m
SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION La Hulpe€1,285.0m€1,144.9m
Belgacom International Carrier Services Schaarbeek€662.4m€763.6m
Telenet Group Mechelen€7,351.3m€254.7m
PROXIMUS Schaarbeek€9,961.1m€3,895.0m
ENODIA Liège€1,345.8m-
Full comparison

Key facts about ORANGE BELGIUM
What is the company number of ORANGE BELGIUM?
The company number of ORANGE BELGIUM is 0456.810.810. The VAT number is the same number with BE in front: BE 0456.810.810.
Where is ORANGE BELGIUM based?
The registered office is at Bourgetlaan 3, 1140 Evere.Company details
What does ORANGE BELGIUM do?
According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
What is the legal form of ORANGE BELGIUM?
The legal form of ORANGE BELGIUM is Public limited company (NV).
When was ORANGE BELGIUM founded?
ORANGE BELGIUM was founded on 18-12-1995.
Is ORANGE BELGIUM still active?
Yes, ORANGE BELGIUM is an active enterprise in the KBO register.
How many employees does ORANGE BELGIUM have?
ORANGE BELGIUM had an average of 1,953.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ORANGE BELGIUM fall under?
In its 2022 annual accounts, ORANGE BELGIUM states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of ORANGE BELGIUM?
The turnover of ORANGE BELGIUM was €1.67bn in financial year 2025, according to the filed annual accounts.
Is ORANGE BELGIUM profitable?
In financial year 2025, ORANGE BELGIUM made a loss of €10.2m.
Where can I find the annual accounts of ORANGE BELGIUM?
ORANGE BELGIUM filed 57 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ORANGE BELGIUM due?
ORANGE BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies

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