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Proximus NXT IT

Active
Public limited companyfounded 2010active for 16 yearsKoning AlbertII laan 27, 1030 Schaarbeek, Belgium15 active companies are registered at this addressKBO/BCE: BE 0826.942.915
Summary

Proximus NXT IT has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94.2m and a net result of -€33.1m. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 61% of 95 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Telecommunications resale and intermediation services
NACE 61200
Fastest staff growth in Belgium, Telecommunications sector8 sites
Size
€242.1mturnover 2025
Staff
502.4 FTE
Equity
€94.2m
Loss
-€33.1m
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
PROXIMUS · 100%
Holdings
5
Auditor: Fabio De ClercqAccounts 112 days early
Why 84raises riskLoss of €33.1m, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 1.69, cash €31.7mSize: turnover €242.1m, 502.4 FTE, total assets €203.2mEquity €94.2m (46.4% of total assets)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (all companies)
Financial strength · tick = 2024
Weak
Solvency 71=
equity 46.4% of total assets
Liquidity 50+19
short-term debt 40.7% · cash 15.6%
Profitability 0=
return on assets -16.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (12 companies, NACE 61, large)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.8 percentage points vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.3%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.4%▼ -0.9 percentage points vs 04-2026lowest value 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €7,900,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.69, compared with 1.65 in 2024, above the usual 1.5; short-term debt: 40.7% and cash: 15.6% of total assets), but 53.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 62% on solvency, 67% on liquidity, 4% on profitability and 68% on growth.

The bankruptcy probability was computed on 22-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €33.1m, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.69, cash €31.7m
NBB · annual accounts
lowers risk · Size: turnover €242.1m, 502.4 FTE, total assets €203.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €94.2m (46.4% of total assets)
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 10-04-2026, 112 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
112 days early
2024
76 days early
2023
99 days early
2022
95 days early
2021
79 days early
2020
24 days late
2019
55 days 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 55 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 27 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)Gazette deed
  2. Capital & shares · Amendment of…Capital decrease · Power of…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€33.1m View
  • Caution: Among the weakest 5% on net resultsector median €21,865 · 95 companies -€33.1m View
  • Positive: Turnover rose in 2025from €170.5m to €242.1m ▲ 42.0% View
  • Controlled by PROXIMUSultimately: Belgische Staat 100% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Turnover
€242.1m
Loss
-€33.1m
Solvency
46.4%
Turnover▲ 42.0%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
PROXIMUS · 100%
Auditor
Fabio De Clercq
  • Guillaume JanusDirector
  • Fabrice De WindtManaging director
Go to Board & ownership

Network & group

Group
Belgische Staat
Subsidiaries
12
Holdings
5
Connected companies
19

12 subsidiaries

Go to Network & group

Timeline

Events
64
Since
2010
Next accounts
by 31-07-2027
  1. 09-01-2026Capital & shares · Amendment of the…
  2. 31-12-2025Weakest financial year
  3. 18-09-2025Resignations & appointments
Go to Timeline

Company details

Sites
8
Legal form
Public limited company
Activity
Telecommunications resale and intermediation servicesNACE 61200
Founded
25-06-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
11
Who signs
Two directors jointly
Annual meeting
Last Friday of March at 11:00
Purpose
“De vennootschap heeft tot voorwerp zowel in België als in het buitenland, zowel voor eigen…” (deed in Dutch)
Go to Articles of association

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