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Belgische Staat

Group · 41 companies · 8 countries

Belgische Staat and the 40 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Parent's dossierFollow this group My exposure
Companies
41
31 in Belgium, 10 abroad
Countries
8
Belgium, United States, Luxembourg, ...
Total assets
€37.51bn
what the companies own together
Equity
€22.40bn
the shareholders' buffer
Net result
€459.1m
profit or loss of the year
Staff (FTE)
10,473
in Belgium, social balance

Sum of the filed annual accounts of 29 of the 31 Belgian companies (financial years 2024-2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

79/100 median score

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • Belgische Staat6 subsidiaries
    BE 0252.796.351Parent
    No verdictno figures
    • NATIONALE LOTERIJ3 subsidiaries
      BE 0223.967.35778.72% per the accounts
      Fair · 53€865.7m €236.9m 2025
      • LNL SERVICES
        BE 0866.352.134100% per the accounts
        Healthy · 95€376,110 €320,303 2025
      • NEW LOTTO SPORTS ORGANISATION
        BE 0673.508.612100% per the accounts
        Healthy · 95€194,120 €156,567 2025
      • SCOOORE
        BE 0765.505.291100% per the accounts
        Healthy · 87€6.3m €3.9m 2025
    • NATIONALE MAATSCHAPPIJ DER BELGISCHE SPOORWEGEN1 subsidiary
      BE 0203.430.57699.81% per the accounts
      Fair · 54€13.09bn €8.05bn 2025
      • YPTO
        BE 0821.220.410100% per the accounts
        Healthy · 96€40.0m €12.7m 2025
    • FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ8 subsidiaries
      BE 0253.445.063100% per the accounts
      No verdict€11.68bn €11.45bn 2025
      • Congrespaleis
        BE 0867.141.297
        Elevated · 55€18.8m €15.1m 2025
      • Kasteel Cantecroy Beheer
        BE 0890.975.48499.98% per the accountsdissolution or liquidation
        High risk · 24€2.7m €2.3m 2024
      • Paleis voor Schone Kunsten
        BE 0895.408.978100% per the accounts
        Healthy · 73€69.1m €50.8m 2025
      • PROXIMUS15 subsidiaries
        BE 0202.239.95153.51% per the accounts
        Fair · 55€9.96bn €1.42bn 2025
        • Belgacom International Carrier Services
          BE 0866.977.981
          Healthy · 93€662.4m €204.7m 2025
        • Doktr
          BE 0787.949.21279.9% per the accounts
          No verdict- - 2025
        • MOBILE VIKINGS
          BE 0886.946.917100% per the accounts
          Healthy · 69- - 2025
        • Proximus Ada
          BE 0781.848.902100% per the accounts
          No verdict- - 2025
        • Proximus Global1 subsidiary
          BE 0861.585.672
          No verdict- - 2025
          • ROUTE MOBILE LIMITED
            IN Mumbai, India
        • PROXIMUS GROUP SERVICES, AFGEKORT : PGS
          BE 0466.917.220InactiveLEI lapsed
          Elevatedno figures
        • Proximus Infrastructure Holding
          BE 0648.964.048100% per the accounts
          No verdict- - 2025
        • PROXIMUS MEDIA HOUSE
          BE 0875.092.626100% per the accounts
          No verdict- - 2025
        • Proximus NXT IT3 subsidiaries
          BE 0826.942.915100% per the accounts
          Healthy · 84€203.2m €94.2m 2025
          • ClearMedia
            BE 0831.425.897100% per the accounts
            Healthy · 96€13.7m €6.1m 2025
          • Codit holding2 subsidiaries
            BE 0662.946.401100% per the accounts
            No verdict€30.6m €10.2m 2025
            • CODIT
              BE 0471.349.82399.87% per the accounts
              Healthy · 95€6.2m €3.8m 2025
            • CODIT MANAGED SERVICES
              BE 0835.734.875100% per the accountsInactive
              Elevated€631,380 €182,478 2025
          • DAVINSI LABS
            BE 0550.853.793100% per the accounts
            Healthy · 92€17.7m €6.4m 2025
        • BELGACOM INTERNATIONAL CARRIER SERVICES ASIA PTE. LTD.
          SG Singapore, SingaporeLEI lapsed
        • BELGACOM INTERNATIONAL CARRIER SERVICES SPAIN SL
          ES Madrid, SpainLEI lapsed
        • PROXIMUS LUXEMBOURG S.A.
          LU Bertrange, Luxembourg
        • PXS Re
          LU Luxembourg, Luxembourg
        • TELESIGN CORPORATION
          US Glendale, United States
        • TELINDUS-ISIT B.V.
          NL Utrecht, NetherlandsLEI lapsed
      • Relaunch for the Future
        BE 0769.411.720100% per the accounts
        No verdict€506.5m €505.7m 2025
      • SFPIM International
        BE 0411.892.088100% per the accountsInactive
        Elevated€111.0m €110.3m 2025
      • SFPIM Real Estate1 subsidiary
        BE 0867.095.371100% per the accountsInactive
        Elevated€214.6m €214.4m 2025
        • Prosilio
          BE 1000.538.766100% per the accounts
          Healthy · 69€5.9m €5.8m 2024
      • ZEPHYR - FIN
        BE 0455.683.333100% per the accounts
        Elevated · 57€220,044 €197,600 2025
    • ROUTE MOBILE (UK) LIMITED
      GB London, United Kingdomindirect
    • The Mill Apartments, LLLP
      US Denver, United Statesindirect
    • TWG Banjo, LP
      US Des Moines, United StatesindirectLEI lapsed

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

6

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. 2 directors appointed
    Director changeYPTO
  2. 2 directors appointed
    Director changeYPTO
  3. Deloitte Bedrijfsrevisoren appointed as statutory auditor
    Director changeProximus Infrastructure Holding
  4. Share cancellation
    Capital changeSFPIM International
  5. Share cancellation
    Capital changeSFPIM International
  6. Discharge granted to the board
    Director changeSFPIM International
  7. 4 directors appointed, 2 directors resigning
    Director changeBelgacom International Carrier Services
  8. Share cancellation
    Capital changeFEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
  9. Share cancellation
    Capital changeSFPIM Real Estate
  10. Share cancellation
    Capital changeSFPIM Real Estate
  11. Share cancellation
    Capital changeFEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
  12. 1 director appointed, 1 director resigning
    Director changeCongrespaleis
  13. Renaud LORAND reappointed as algemeen directeur, tevens belast met strategy & legal, lid van het directiecomité
    Director changeNATIONALE MAATSCHAPPIJ DER BELGISCHE SPOORWEGEN
  14. Renaud LORAND reappointed as directeur général finance
    Director changeNATIONALE MAATSCHAPPIJ DER BELGISCHE SPOORWEGEN
  15. 1 director appointed, 1 director resigning
    Director changeRelaunch for the Future
  16. 1 director appointed, 1 director resigning
    Director changeRelaunch for the Future
  17. Transaction in capital or shares
    Capital changeProximus Global
  18. Transaction in capital or shares
    Capital changeProximus Global
  19. FORVIS MAZARS BEDRIJFSREVISOREN appointed as statutory auditor
    Director changeZEPHYR - FIN
  20. FORVIS MAZARS REVISEURS D'ENTREPRISES SRL appointed as statutory auditor
    Director changeZEPHYR - FIN
  21. 12 directors appointed, 9 directors resigning
    Director changeFEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
  22. 12 directors appointed, 9 directors resigning
    Director changeFEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
  23. 2 directors appointed
    Director changeProximus Ada
  24. 1 director appointed, 1 director resigning, 2 reappointed
    Director changeClearMedia
  25. Ignace De Breuck resigns as lid van het uitvoerend comité
    Director changePaleis voor Schone Kunsten
  26. Ignace De Breuck resigns as member of the executive committee
    Director changePaleis voor Schone Kunsten
  27. 1 director appointed, 1 director resigning
    Director changeNATIONALE MAATSCHAPPIJ DER BELGISCHE SPOORWEGEN
  28. 1 director appointed, 1 director resigning
    Director changeNATIONALE MAATSCHAPPIJ DER BELGISCHE SPOORWEGEN
  29. 8 directors appointed, 5 directors resigning, 1 reappointed
    Director changePROXIMUS
  30. 9 directors appointed, 5 directors resigning
    Director changePROXIMUS

The 30 most recent; each dossier shows its company's full timeline.

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 09-10-2026

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