Subsidiaries and holdings
- TELENET100%
- THE PARK ENTERTAINMENT100%
- WOESTIJNVIS100%
- Streamz50%
- JUNE ENERGY26.56%
- Cybernetic Walrus24.88%
- VLAANDEREN EEN20%
- Belgian Mobile ID12.23%
From the official registers: KBO 31 annual accounts at the National Bank publications in the Belgian Official Gazette
Telenet Group has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.06bn and a net result of -€133.4m. Equity has been shrinking by about 5% per year since 2018. Its solvency ranks better than 56% of 95 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 57% of them on solvency, 96% on liquidity, 37% on profitability and 32% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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).
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 56 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.
These companies have the same main activity as Telenet Group: wired, wireless and satellite telecommunications (NACE 61100). They are comparable in size and age: total assets between €832m and €23bn, founded between 1923 and 2020.
| Company | Total assets | Turnover |
|---|---|---|
| Telenet Group Mechelen | €7,351.3m | €254.7m |
| ORANGE BELGIUM Evere | €3,705.0m | €1,668.6m |
| SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION La Hulpe | €1,285.0m | €1,144.9m |
| ENODIA Liège | €1,345.8m | - |
| Fiberklaar Gent | €831.8m | €18.1m |
| ATLAS SERVICES BELGIUM Evere | €22,718.3m | €1.8m |
| PROXIMUS Schaarbeek | €9,961.1m | €3,895.0m |
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