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Telespazio BeNeLux

Active
Private limited companyfounded 2008active for 18 yearsRue de La-Roche 38G, 6600 Bastogne, BelgiumKBO/BCE: BE 0807.169.365
Summary

Telespazio BeNeLux has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €4.1m. Equity remains stable across the filed financial years (±0% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
Largest company by total assets in Bastogne, Professional and technical services sector1 site
Size
€65.4mturnover 2025
Staff
64.9 FTE
Equity
€4.1m
Profit
€4.1m
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
Leonardo SpA
Board
5 members
Holdings
1
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 113 days early
Why 69raises riskLiquidity: current ratio 1.07, cash €77,652, halvedEquity €4.1m (9.9% of total assets)1 change of registered office in 24 monthslowers riskSize: turnover €65.4m, 64.9 FTE, total assets €42.0mShow the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 36% of its sector peers (NACE 71, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 35-2
equity 9.9% of total assets
Liquidity 0-4
short-term debt 90.0% · cash 0.2%
Profitability 73-3
return on assets 9.8%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (165 companies, NACE 71, medium-sized)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.4%▲ +0.2 percentage points vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged 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: 0.6%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 0.6%● unchanged vs 05-2026highest value 07-2026: 0.6%● unchanged vs 06-2026highest value 08-2026: 0.6%● unchanged vs 07-2026highest value 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: 0.6%● unchanged vs 09-2026highest value
Credit of up to €280,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.07, compared with 1.12 in 2024, below the usual 1.5; short-term debt: 90% and cash: 0.2% of total assets), and 90.1% 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 (NACE 71, medium-sized): better than 14% on solvency, 2% on liquidity, 72% on profitability and 54% on growth.

The bankruptcy probability was computed on 17-10-2026 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 1.07, cash €77,652, halved
NBB · annual accounts
raises risk · Equity €4.1m (9.9% of total assets)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: turnover €65.4m, 64.9 FTE, total assets €42.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
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 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
113 days early
2024
107 days early
2023
107 days early
2022
98 days early
2021
115 days early
2020
53 days early
2019
29 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 89 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% 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 15 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
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Board meeting · Other provisionPower of attorney
  2. Amendment of the articles · NameName change
  3. Reappointment: EY Réviseurs d'entreprises (statutory auditor)Permanent representative: Marie-Laure Moreau

Key points

  • Positive: Largest company by total assets in Bastogne, Professional and technical services sectorin the Checked rankings No. 1 View
  • Positive: 5 years of growth in a rowturnover 2025: €65.4m 5 years View
  • Board changedlatest change 12-02-2026 · 5 in office 2 joined · 1 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Leonardo SpAknown shareholders 100% parent View

By topic

Financials

Financial year
2025
Turnover
€65.4m
Profit
€4.1m
Solvency
9.9%
Turnover▲ 9.5%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
Parent
Leonardo SpA
Known shareholders
100%
Auditor
Ernst et Young Reviseurs…
  • Federico RossiChair
  • Dominique ConardDirector
  • René DelcomminetteDirector
  • Francesco QuintanoDirector
  • Dominique CodranDirector
Go to Board & ownership

Timeline

Events
48
Since
2008
Next accounts
by 31-07-2027
  1. 05-05-2026Appointment: Serge Del Calzo (délégué à la…
  2. 09-04-2026Annual accounts filed
  3. 13-03-2026Resignations & appointments
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
16-10-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Purpose
“La société a pour objet la fourniture des services et le développement des programmes…” (deed in French)
Go to Articles of association

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