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TELENET

Active
Private limited companyfounded 2000active for 25 yearsLiersesteenweg(MeSK) 4, 2800 Mechelen, Belgium14 active companies are registered at this addressKBO/BCE: BE 0473.416.418
Summary

TELENET has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.70bn and a net result of €5.6m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 95 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisFollow ReportCompare
TELENETActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Wired, wireless and satellite telecommunications
NACE 61100
Largest employer in the province of Antwerp, Telecoms and IT sector7 sites
Size
€2.12bnturnover 2025
Staff
2,475.5 FTE
Equity
€2.70bn
Profit
€5.6m
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
Telenet Group · 100%
Board
4 members
Holdings
10
Auditor: KPMG Bedrijfsrevisoren BV/SRL2025 accounts 7 days early95 of 97 deeds summarised
Why 85raises riskLiquidity: current ratio 0.62Sector: Telecommunications (NACE 61)lowers riskFounded in 2000Size: turnover €2.12bn, 2,475.5 FTE, total assets €4.49bnShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 73% of its sector peers (all companies)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 85=
equity 60.1% of total assets
Liquidity 82+41
short-term debt 24.4%
Profitability 79=
return on assets 0.1%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 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: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 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 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026highest value 08-2026: 0.5%▼ -0.1 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €211,550,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.62, compared with 0.63 in 2024, below 1; short-term debt: 24.4% of total assets), and 39.9% 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 75% on solvency, 94% on liquidity, 81% on profitability and 40% on growth.

The bankruptcy probability was computed on 28-10-2026 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 · Liquidity: current ratio 0.62
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €2.12bn, 2,475.5 FTE, total assets €4.49bn
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Telecommunications (NACE 61)
KBO
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
69 days early
2023
76 days early
2022
75 days early
2021
73 days early
2020
67 days early
2019
67 days early
← 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 62 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 19 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations & appointmentsPower of attorney
  2. Annual accounts filedfinancial year 2025 · full…
  3. Reappointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)Permanent representative: Maarten Poel ·…

Key points

  • Positive: Back in profit in 2025after -€31.1m in 2024 €5.6m View
  • Positive: Largest employer in the province of Antwerp, Telecoms and IT sectorin the Checked rankings No. 1 View
  • Controlled by Telenet Groupultimately: LIBERTY GLOBAL LTD. 100% View
  • Board changedlatest change 27-02-2026 · 4 in office 2 joined · 1 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €1.9m View

By topic

Financials

Financial year
2025
Turnover
€2.12bn
Profit
€5.6m
Solvency
60.1%
Turnover▼ 1.1%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
Telenet Group · 100%
Auditor
KPMG Bedrijfsrevisoren BV/SRL
  • Geert DegezelleDirector
  • John PorterDirector
  • Bart van SprundelDirector
  • Silvia BradyDirector
Go to Board & ownership

Network & group

Group
LIBERTY GLOBAL LTD.
Subsidiaries, all levels
10
Connected companies
59
Mergers and asset contributions
8

10 subsidiaries

Go to Network & group

Timeline

Events
125
Since
2002
Next accounts
by 31-07-2027
  1. 01-06-2026Appointments: Silvia Brady (director) and Bart van…
  2. 02-04-2026Resignation: Dieter Nieuwdorp (director)
  3. 17-03-2026Resignations & appointments
Go to Timeline

Company details

Sites
7
Legal form
Private limited company
Activity
Wired, wireless and satellite telecommunicationsNACE 61100
Founded
04-12-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Purpose
“Het concípiëren,het uitwerken,het realiseren,het beveiligen,het aanpassen,het onderhoud,de…” (deed in Dutch)
Go to Articles of association

Key facts about TELENET

What is the company number of TELENET?
0473.416.418. In Belgium the VAT number is the company number with BE in front: BE 0473.416.418.
Where is TELENET based?
The registered office is at Liersesteenweg(MeSK) 4, 2800 Mechelen.Company details
What does TELENET do?
According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
What is the legal form of TELENET?
Private limited company (BV).
When was TELENET founded?
On 04-12-2000.
Is TELENET still active?
Yes, TELENET is an active enterprise in the KBO register.
How many employees does TELENET have?
On average 2,475.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TELENET?
€2.12bn in financial year 2025, according to the filed annual accounts.
Is TELENET profitable?
In financial year 2025, TELENET made a profit of €5.6m.
Where can I find the annual accounts of TELENET?
TELENET filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TELENET due?
By 31-07-2027, for financial year 2026.Timeline

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