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Belgacom International Carrier Services

Active
Public limited companyfounded 200422 yrs activeKoning AlbertII laan 27, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0866.977.981
Summary

Belgacom International Carrier Services has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204.68M and a net result of €60.40M. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 41% of 72 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-1
Solvency56=
Growth39▼-19
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.29 in 2024; short-term debt: 66% and cash: 22.2% of total assets), and 69.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
30.9%
Return on assets
9.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
114 d early
2024
114 d early
2023
114 d early
2022
104 d early
2021
101 d early
2020
93 d early
2019
107 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€763.60M▼ 19.9%
2024 · €953.12M
2018: €1.25B 2019: €1.15B 2020: €959.70M 2021: €995.82M 2022: €1.13B 2023: €1.05B 2024: €953.12M
2018 → 2025
EBIT margin
7.4%▼ 0.3pp
2024 · 7.7%
2018: 7.5% 2019: 7.0% 2020: 6.7% 2021: 6.7% 2022: 6.9% 2023: 7.3% 2024: 7.7%
2018 → 2025
Net result
€60.40M▼ 15.7%
2024 · €71.62M
2018: €69.52M 2019: €61.39M 2020: €80.90M 2021: €51.31M 2022: €685.07M 2023: €65.94M 2024: €71.62M
2018 → 2025
Working capital
€99.50M▼ 24.3%
2024 · €131.49M
2018: €-1.51M 2019: €-49.31M 2020: €23.14M 2021: €-14.77M 2022: €82.06M 2023: €129.96M 2024: €131.49M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€995.82M-€1.13B▲ 13.0%€1.05B▼ 7.1%€953.12M▼ 8.9%€763.60M▼ 19.9%
Equity€270.00M-€152.07M▼ 43.7%€203.31M▲ 33.7%€212.28M▲ 4.4%€204.68M▼ 3.6%
Operating result€66.25M-€77.70M▲ 17.3%€76.40M▼ 1.7%€73.71M▼ 3.5%€56.49M▼ 23.4%
Net result€51.31M-€685.07M▲ 1,235%€65.94M▼ 90.4%€71.62M▲ 8.6%€60.40M▼ 15.7%
Result per fiscal year
Operating resultNet result
€0€200.00M€400.00M€600.00MOperating result 2021: €66.25M€66.25MNet result 2021: €51.31M€51.31MOperating result 2022: €77.70M€77.70MNet result 2022: €685.07M€685.07MOperating result 2023: €76.40M€76.40MNet result 2023: €65.94M€65.94MOperating result 2024: €73.71M€73.71MNet result 2024: €71.62M€71.62MOperating result 2025: €56.49M€56.49MNet result 2025: €60.40M€60.40M20212022202320242025€0€20M€40M€60M€80MOperating result 2023: €76.40M€76MNet result 2023: €65.94M€66MOperating result 2024: €73.71M€74MNet result 2024: €71.62M€72MOperating result 2025: €56.49M€56MNet result 2025: €60.40M€60M202320242025
The operating result has fallen three years in a row; 2025 is 23% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €662.42M
Fixed assets €125.83M ▲ 17.3%
Current assets €536.59M ▼ 8.6%
Equity and liabilities €662.42M
Equity €204.68M ▼ 3.6%
Provisions €3.07M ▼ 46.4%
Debt €454.68M ▼ 4.5%
Debt's share of the balance-sheet total stays at 68.6%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€92.55M
2024 · €111.24M
Cash flow
€96.46M
2024 · €109.14M
Current ratio
1.23
2024 · 1.29
Quick ratio
1.22
2024 · 1.28
Debt to equity
2.22
2024 · 2.24
ROE
29.5%
2024 · 33.7%
ROA
9.1%
2024 · 10.3%
Interest coverage
82.47
2024 · 74.67
Debt ≤ 1 year
€437.10M
2024 · €455.48M
Debt > 1 year
€1.32M
2024 · €1.39M
Income taxes
€12.63M
2024 · €8.44M
Staff costs
€48.76M
2024 · €53.85M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 89 lines
Balance sheet Code20242025
Assets
Total assets20/58€694.28M€662.42M
Fixed assets21/28€107.31M€125.83M
Intangible fixed assets21€62.07M€63.88M
Tangible fixed assets22/27€28.60M€23.87M
Plant, machinery and equipment23€27.77M€23.37M
Furniture and vehicles24€826k€496k
Other tangible fixed assets26€1k€380
Financial fixed assets28€16.65M€38.08M
Affiliated companies280/1€16.54M€37.92M
Participating interests280€16.54M€18.05M
Amounts receivable281-€19.87M
Other financial fixed assets284/8€103k€160k
Amounts receivable and cash guarantees285/8€103k€160k
Current assets29/58€586.97M€536.59M
Amounts receivable after more than one year29€20.32M-
Other amounts receivable291€20.32M-
Stocks and contracts in progress3€2.34M€2.49M
Stocks30/36€2.34M€2.49M
Raw materials and consumables30/31€1.64M€1.43M
Goods purchased for resale34€698k€1.06M
Amounts receivable within one year40/41€355.52M€380.97M
Trade receivables40€343.22M€363.48M
Other amounts receivable41€12.30M€17.49M
Current investments50/53€194.94M-
Other investments51/53€194.94M-
Cash at bank and in hand54/58€4.82M€146.77M
Deferred charges and accrued income490/1€9.03M€6.36M
Equity and liabilities
Total equity and liabilities10/49€694.28M€662.42M
Equity10/15€212.28M€204.68M
Contributions10/11€137.20M€137.20M=
Capital10€137.20M€137.20M=
Issued capital100€137.20M€137.20M=
Reserves13€7.03M€10.05M
Non-distributable reserves130/1€7.03M€10.05M
Legal reserve130€7.03M€10.05M
Profit (loss) carried forward14€68.05M€57.43M
Provisions and deferred taxes16€5.72M€3.07M
Provisions for liabilities and charges160/5€5.72M€3.07M
Other liabilities and charges164/5€5.72M€3.07M
Amounts payable17/49€476.27M€454.68M
Amounts payable after more than one year17€1.39M€1.32M
Other amounts payable178/9€1.39M€1.32M
Amounts payable within one year42/48€455.48M€437.10M
Financial debts43€63.51M€55.36M
Credit institutions430/8€6.26M€1.21M
Other loans439€57.25M€54.16M
Trade debts44€373.17M€372.04M
Suppliers440/4€373.17M€372.04M
Taxes, remuneration and social security45€18.80M€9.69M
Taxes450/3€4.64M€11k
Remuneration and social security454/9€14.16M€9.68M
Accrued charges and deferred income492/3€19.41M€16.26M
Income statement Code20242025
Operating income70/76A€965.14M€779.16M
Turnover70€953.12M€763.60M
Own construction capitalised72€7.86M€7.12M
Other operating income74€4.16M€8.44M
Operating charges60/66A€891.43M€722.67M
Goods for resale, raw materials and consumables60€4.69M€5.52M
Purchases600/8€4.54M€5.67M
Change in stocks: decrease (increase)609€150k€-146k
Services and other goods61€792.13M€631.48M
Remuneration, social security and pensions62€53.85M€48.76M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37.52M€36.06M
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1.17M€133k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-2.46M€-2.97M
Other operating charges640/8€6.86M€3.69M
Operating profit (loss)9901€73.71M€56.49M
Financial income75/76B€22.74M€28.22M
Recurring financial income75€22.74M€28.22M
Income from financial fixed assets750€2.19M€10.40M
Income from current assets751€8.25M€5.00M
Other financial income752/9€12.30M€12.82M
Financial charges65/66B€16.39M€11.69M
Recurring financial charges65€16.39M€11.69M
Debt charges650€1.49M€1.12M
Other financial charges652/9€14.91M€10.57M
Profit (loss) for the period before taxes9903€80.06M€73.02M
Income taxes67/77€8.44M€12.63M
Taxes670/3€13.24M€12.63M
Tax adjustments and reversals of tax provisions77€4.79M-
Profit (loss) for the period9904€71.62M€60.40M
Profit (loss) for the period to be appropriated9905€71.62M€60.40M
Appropriation of the result
Profit (loss) to be appropriated9906€134.28M€128.45M
Profit (loss) brought forward from the previous period14P€62.66M€68.05M
Transfer to equity691/2€3.58M€3.02M
To the legal reserve6920€3.58M€3.02M
Profit to be distributed694/7€62.65M€68.00M
Return on contributions (dividend)694€62.65M€68.00M
Social balance
Average headcount (FTE)9087328.5331.1

The notes to these accounts (60 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
State Gazette act Resignations: Mark Reid (director) and Jorn Vercamert (directeur général)
Appointment: Ugur Seckin Arikan (director) · Mandate compensation10 facts ▸
  • Board meeting, 23/02/2026
  • Director resignation, Mark Reid (director)
  • Director resignation, Mark Reid (chair)
  • Director appointment, Ugur Seckin Arikan (director)
  • Mandate compensation, Ugur Seckin Arikan
  • Director appointment, Ugur Seckin Arikan (chair of the board)
  • General meeting, 31/03/2026
  • Board meeting, 01/04/2026
  • Director resignation, Jorn Vercamert (directeur général)
  • Director appointment, Ugur Seckin Arikan (managing director)
08-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-10
State Gazette act Resignation: Surash Kumar Patel (directeur général)
Appointment: Jorn Vercamert (directeur général)3 facts ▸
  • Board meeting, 23/07/2025
  • Director resignation, Surash Kumar Patel (directeur général)
  • Director appointment, Jorn Vercamert (directeur général)
03-06
State Gazette act Resignation: Guillaume Boutin (administrateur et de président)
Appointment: Mark Reid (chair)3 facts ▸
  • Board meeting, 23/04/2025
  • Director resignation, Guillaume Boutin (administrateur et de président)
  • Director appointment, Mark Reid (chair)
14-04
State Gazette act Appointment: Deloitte Réviseurs d'Entreprises (statutory auditor)
2 facts ▸
  • General meeting, 25/03/2025
  • Auditor appointment, Deloitte Réviseurs d'Entreprises (statutory auditor)
08-04
NBB filing Annual accounts filed
fiscal year 2024 · full schema
03-01
State Gazette act Resignation: Guillaume Boutin (managing director)
Appointment: Surash Kumar PATEL (directeur général)3 facts ▸
  • Board meeting, 24/09/2024
  • Director resignation, Guillaume Boutin (managing director)
  • Director appointment, Surash Kumar PATEL (directeur général)
2024
06-05
State Gazette act Resignation: Matteo Gatta (directeur général)
Appointment: Guillaume Boutin (managing director)3 facts ▸
  • Board meeting, 20/03/2024
  • Director resignation, Matteo Gatta (directeur général)
  • Director appointment, Guillaume Boutin (managing director)
08-04
NBB filing Annual accounts filed
fiscal year 2023 · full schema
19-01
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment5 facts ▸
  • General meeting, 11/12/2023
  • Capital increase, €135.700.000
  • Capital, €137.200.000
  • Statutes amendment
  • Share class suppression, Suppression de toutes les classes d’actions existantes de sorte que le capital de la Société est représenté par 952.500 actions, ayant toutes les mêmes droits e…
2023
04-09
State Gazette act Resignation: Dirk Lybaert (director)
Appointment: Ben Appel (director) · Mandate compensation4 facts ▸
  • General meeting, 22/08/2023
  • Director resignation, Dirk Lybaert (director)
  • Director appointment, Ben Appel (director)
  • Mandate compensation, Ben Appel
18-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
Show earlier events
12-04
State Gazette act Reappointment: Jan Van Acoleyen (director)
Mandate compensation3 facts ▸
  • General meeting, 28/03/2023
  • Director reappointment, Jan Van Acoleyen (director)
  • Mandate compensation, Jan Van Acoleyen
2022
31-12
Financial Highest result since 2018net €685.07M ▲1235%
Net result €685.07M, the highest in the series.
21-04
NBB filing Annual accounts filed
fiscal year 2021 · full schema
19-04
State Gazette act Appointments: Mark Reid (director) and Deloitte Réviseurs d'Entreprises (statutory auditor)
3 facts ▸
  • General meeting, 29/03/2022
  • Director appointment, Mark Reid (director)
  • Auditor appointment, Deloitte Réviseurs d'Entreprises (statutory auditor)
2021
31-12
Financial Weakest financial yearnet €51.31M ▼36.6%
Net result drops to €51.31M, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €250MEq €270.00M ▲23.5%
4 profitable years in a row build equity to €270.00M.
09-07
State Gazette act Reappointment: Dirk Lybaert (director)
Appointment: Mark Reid (director)4 facts ▸
  • General meeting, 30/03/2021
  • Board meeting, 28/05/2021
  • Director reappointment, Dirk Lybaert (director)
  • Director appointment, Mark Reid (director)
29-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
07-04
State Gazette act Resignations: Mario Rossi, Ismail Jaroudi and Jens Schulte-Bockum
Power of attorney8 facts ▸
  • General meeting, 24/02/2021
  • Director resignation, Mario Rossi (director)
  • Director resignation, Ismail Jaroudi (director)
  • Director resignation, Jens Schulte-Bockum (director)
  • Power of attorney, B-Docs SRL
  • Power of attorney, Ludovic Meeus
  • Power of attorney, Jérémy Filbiche
  • Power of attorney, Linklaters LLP
01-03
State Gazette act Resignations: Sandrine Dufour (director) and Heinz Herren (director)
3 facts ▸
  • Board meeting, 08/02/2021
  • Director resignation, Sandrine Dufour (director)
  • Director resignation, Heinz Herren (director)
11-02
State Gazette act Resignations: Daniel Kurgan (director) and Matteo Gatta (director)
Appointment: Matteo Gatta (directeur général)5 facts ▸
  • Board meeting, 25/01/2021
  • Director resignation, Daniel Kurgan (director)
  • Director resignation, Daniel Kurgan (managing director)
  • Director resignation, Matteo Gatta (director)
  • Director appointment, Matteo Gatta (directeur général (ceo))
2020
19-11
State Gazette act Resignation: Junaid Dadan (director)
Appointment: Ismail JAROUDI (director) · Mandate compensation4 facts ▸
  • Board meeting, 05/10/2020
  • Director resignation, Junaid Dadan (director)
  • Director appointment, Ismail JAROUDI (director)
  • Mandate compensation, Ismail JAROUDI
25-05
State Gazette act Reappointment: Heinz Herren (director)
Appointment: Guillaume Boutin (director) · Mandate compensation5 facts ▸
  • General meeting, 31/03/2020
  • Director reappointment, Heinz Herren (director)
  • Director appointment, Guillaume Boutin (director)
  • Mandate compensation, Heinz Herren
  • Mandate compensation, Guillaume Boutin
15-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema
09-03
State Gazette act Resignations: Katleen Vandeweyer (director) and Sandrine Dufour (chair of the board)
Appointment: Guillaume Boutin (director) · Mandate compensation6 facts ▸
  • Board meeting, 14/02/2020
  • Director resignation, Katleen Vandeweyer (director)
  • Director appointment, Guillaume Boutin (director)
  • Director appointment, Guillaume Boutin (chair of the board)
  • Mandate compensation, Guillaume Boutin
  • Director resignation, Sandrine Dufour (chair of the board)
2019
18-12
State Gazette act Resignation: Dominique Leroy (chair and director)
Appointments: Sandrine Dufour (chair of the board) and Katleen Vandeweyer (director) · Mandate compensation5 facts ▸
  • Board meeting, 11/10/2019
  • Director resignation, Dominique Leroy (chair and director)
  • Director appointment, Sandrine Dufour (chair of the board)
  • Director appointment, Katleen Vandeweyer (director)
  • Mandate compensation, Katleen Vandeweyer
25-09
State Gazette act Miscellaneous
General meeting1 fact ▸
  • General meeting, avril 2017
18-04
State Gazette act Appointment: Deloitte Reviseurs d'Entreprises (statutory auditor)
Registered-office move4 facts ▸
  • Board meeting, 22/02/2019
  • Registered-office move, Boulevard du Roi Albert Il 27, 1030 Bruxelles
  • General meeting, 26/03/2019
  • Auditor appointment, Deloitte Reviseurs d'Entreprises (statutory auditor)
26-03
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
22-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
18-04
State Gazette act Appointments: Mario ROSSI (director) and Junaid DADAN (director)
Resignations: Ueli Dietiker (director) and Monika Steinlechner (director) · Mandate compensation7 facts ▸
  • General meeting, 27/03/2018
  • Director appointment, Mario ROSSI (director)
  • Director resignation, Ueli Dietiker (director)
  • Director appointment, Junaid DADAN (director)
  • Director resignation, Monika Steinlechner (director)
  • Mandate compensation, Mario ROSSI
  • Mandate compensation, Junaid DADAN
2017
12-05
State Gazette act Appointments: Jan Van Acoleyen (director) and Jens Schulte-Bockum (director)
Resignation: Jyoti Desai (director) · Reappointments: Monika Steinlechner (director) and Matteo Gatta (director) · Mandate compensation7 facts ▸
  • General meeting, 28/03/2017
  • Director appointment, Jan Van Acoleyen (director)
  • Director appointment, Jens Schulte-Bockum (director)
  • Director resignation, Jyoti Desai (director)
  • Director reappointment, Monika Steinlechner (director)
  • Director reappointment, Matteo Gatta (director)
  • Mandate compensation, BELGACOM INTERNATIONAL CARRIER SERVICES
28-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
27-09
State Gazette act Resignation: Michel Georgis (director)
Appointment: Jan Van Acoleyen (director) · Mandate compensation4 facts ▸
  • Board meeting, 22/06/2016
  • Director resignation, Michel Georgis (director)
  • Director appointment, Jan Van Acoleyen (director)
  • Mandate compensation, Jan Van Acoleyen
14-04
State Gazette act Reappointment: Ulrich Dietiker (director)
Appointment: Deloitte Reviseurs d'Entreprises (statutory auditor)3 facts ▸
  • General meeting, 29/03/2016
  • Director reappointment, Ulrich Dietiker (director)
  • Auditor appointment, Deloitte Reviseurs d'Entreprises (statutory auditor)
04-01
State Gazette act Appointment: Daniel KURGAN (director)
Mandate compensation3 facts ▸
  • General meeting, 20/11/2015
  • Director appointment, Daniel KURGAN (director)
  • Mandate compensation, Daniel KURGAN
2015
21-04
State Gazette act Permanent representative: Frédéric Salmon
Reappointments: Jyoti Amratlal DESAI (director) and Dirk LYBAERT (director) · Resignation: Elmer, Ray STEWART (director) · Appointment: Sandrine DUFOUR (director)10 facts ▸
  • Board meeting, 11/02/2015
  • General meeting, 31/03/2015
  • Permanent representative, Frédéric Salmon (permanent representative)
  • Director reappointment, Jyoti Amratlal DESAI (director)
  • Director reappointment, Dirk LYBAERT (director)
  • Director resignation, Elmer, Ray STEWART (director)
  • Director appointment, Sandrine DUFOUR (director)
  • Mandate compensation, Jyoti Amratlal DESAI
  • Mandate compensation, Dirk LYBAERT
  • Mandate compensation, Sandrine DUFOUR
2014
18-04
State Gazette act Appointments: Heinz Herren (director) and Dominique Leroy (director)
Mandate compensation5 facts ▸
  • General meeting, 25/03/2014
  • Director appointment, Heinz Herren (director)
  • Director appointment, Dominique Leroy (director)
  • Mandate compensation, Heinz Herren
  • Mandate compensation, Dominique Leroy
10-03
State Gazette act Appointment: Dominique LEROY (director)
Mandate compensation4 facts ▸
  • Board meeting, 19/02/2014
  • Director appointment, Dominique LEROY (director)
  • Director appointment, Dominique LEROY (chair of the board)
  • Mandate compensation, Dominique LEROY
19-02
State Gazette act Capital & shares · Resignations & appointments
Branch contribution2 facts ▸
  • Board meeting, 03/02/2014
  • Branch contribution, HomeSend
2013
24-12
State Gazette act Resignations: Didier Bellens (director and chair of the board) and Juergen Galler (director)
Appointment: Heinz Herren (director) · Mandate compensation6 facts ▸
  • General meeting, 03/12/2013
  • Board meeting, 03/12/2013
  • Director resignation, Didier Bellens (director and chair of the board)
  • Director resignation, Juergen Galler (director)
  • Director appointment, Heinz Herren (director)
  • Mandate compensation, Heinz Herren
10-04
State Gazette act Appointments: Juergen Galler, Michel Georgis and Deloitte Reviseurs d'Entreprses
Permanent representatives: Geert Verstraeten and Nico Houthaeve · Mandate compensation8 facts ▸
  • General meeting, 26/03/2013
  • Director appointment, Juergen Galler (director)
  • Director appointment, Michel Georgis (director)
  • Mandate compensation, Juergen Galler
  • Mandate compensation, Michel Georgis
  • Auditor appointment, Deloitte Reviseurs d'Entreprses (statutory auditor)
  • Permanent representative, Geert Verstraeten
  • Permanent representative, Nico Houthaeve
2012
16-10
State Gazette act Resignations: Daniel Ritz (director) and Scott Alcott (director)
Appointments: Juergen Galler (director) and Michel Georgis (director) · Mandate compensation · Mandate term9 facts ▸
  • Board meeting, 26/09/2012
  • Director resignation, Daniel Ritz (director)
  • Director appointment, Juergen Galler (director)
  • Director resignation, Scott Alcott (director)
  • Director appointment, Michel Georgis (director)
  • Mandate compensation, Juergen Galler
  • Mandate compensation, Michel Georgis
  • Mandate term, à la prochaine assemblée générale
  • Mandate term, à la prochaine assemblée générale
13-04
State Gazette act Appointment: Monika Steinlechner (director)
Resignation: S. Dabengwa (director) · Mandate compensation4 facts ▸
  • General meeting, 27/03/2012
  • Director appointment, Monika Steinlechner (director)
  • Director resignation, S. Dabengwa (director)
  • Mandate compensation, Monika Steinlechner
2011
19-10
State Gazette act Resignation: Sifiso Dabengwa (director)
Appointment: Monika Steinlechner (director) · Mandate compensation · Mandate term5 facts ▸
  • Board meeting, 21-09-2011
  • Director resignation, Sifiso Dabengwa (director)
  • Director appointment, Monika Steinlechner (director)
  • Mandate compensation, Monika Steinlechner
  • Mandate term, à la prochaine assemblée générale qui ratifiera sa nomination
18-04
State Gazette act Appointment: Matteo Gatta (director)
Mandate compensation4 facts ▸
  • General meeting, 29/03/2011
  • Board meeting, 18/02/2011
  • Director appointment, Matteo Gatta (director)
  • Mandate compensation, Matteo Gatta
09-03
State Gazette act Resignation: William Mosseray (director)
Appointment: Matteo Gatta (director) · Mandate compensation · Mandate term5 facts ▸
  • Board meeting, 18/02/2011
  • Director resignation, William Mosseray (director)
  • Director appointment, Matteo Gatta (director)
  • Mandate compensation, Matteo Gatta
  • Mandate term, à la prochaine assemblée qui ratifiera sa nomination
2010
16-11
State Gazette act Capital & shares
Reserve release · Statutes amendment3 facts ▸
  • General meeting, 28/10/2010
  • Reserve release, 3479170.0, EUR
  • Statutes amendment
21-04
State Gazette act Reappointments: Ulrich Dietiker, Didier Bellens and Ray Stewart
Resignation: Ernst & Young Réviseurs d'Entreprises (statutory auditor) · Appointment: Deloitte Réviseurs d'Entreprises (statutory auditor) · Mandate compensation10 facts ▸
  • General meeting, 30/03/2010
  • Director reappointment, Ulrich Dietiker (director)
  • Director reappointment, Didier Bellens (director)
  • Director reappointment, Ray Stewart (director)
  • Mandate compensation, Ulrich Dietiker
  • Mandate compensation, Didier Bellens
  • Mandate compensation, Ray Stewart
  • Auditor resignation, Ernst & Young Réviseurs d'Entreprises (statutory auditor)
  • Director discharge, Ernst & Young Réviseurs d'Entreprises
  • Auditor appointment, Deloitte Réviseurs d'Entreprises (statutory auditor)
16-02
State Gazette act Resignation: William Mosseray (chair of the board)
Appointment: Didier Bellens (chair of the board)3 facts ▸
  • Board meeting, 04/12/2009
  • Director resignation, William Mosseray (chair of the board)
  • Director appointment, Didier Bellens (chair of the board)
2009
21-12
State Gazette act Appointments: Jyoti Amratlal DESAI, Raymond Sifiso Ndlovu DABENGWA and 2 others
Capital decrease · Capital increase · Capital21 facts ▸
  • General meeting, 30/11/2009
  • Capital decrease, €75.000.000
  • Capital increase, €297.794,12
  • Capital increase, €2.205,88
  • Capital, €1.500.000
  • Bank account, 30/11/2009
  • Accounting effect, 01/12/2009
  • Director appointment, Jyoti Amratlal DESAI (director)
  • Director appointment, Raymond Sifiso Ndlovu DABENGWA (director)
  • Director appointment, Scott Patrick ALCOTT (director)
  • Director appointment, Dirk Joris LYBAERT (director)
  • Mandate compensation, Jyoti Amratlal DESAI
  • +9 further facts in this act
2007
26-11
State Gazette act Resignation: Bridget Cosgrave (administrateur et président exécutif)
Appointment: William Mosseray (director) · Mandate compensation · Mandate term6 facts ▸
  • Board meeting, 23/10/2007
  • Director resignation, Bridget Cosgrave (administrateur et président exécutif)
  • Director appointment, William Mosseray (director)
  • Director appointment, William Mosseray (chair of the board)
  • Mandate compensation, William Mosseray
  • Mandate term, à la prochaine assemblée générale qui ratifiera cette nomination
06-08
State Gazette act Resignation: Christian Huetwohl (director)
Appointments: Daniel Ritz (director) and Bridget Cosgrave (président exécutif)4 facts ▸
  • Board meeting, 22/06/2007
  • Director resignation, Christian Huetwohl (director)
  • Director appointment, Daniel Ritz (director)
  • Director appointment, Bridget Cosgrave (président exécutif)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 directors, no change since 2026
Ugur Seckin Arikan
Chair of the board · since 23-02-2026
Current
Ben APPEL
Director · since 01-09-2023
Current
Jan Van Acoleyen
Director · since 22-06-2016
Current
Ulrich Dietiker
Director · since 30-03-2010
Not recently confirmed
Jyoti Amratlal DESAI
Director · since 30-11-2009
Not recently confirmed
Ray Stewart
Director · since 30-03-2010
Not recently confirmed
2 other directors
Raymond Sifiso Ndlovu DABENGWA
Director · since 30-11-2009
Not recently confirmed
Scott Patrick ALCOTT
Director · since 30-11-2009
Not recently confirmed
30-07-2026 Ugur Seckin Arikan: Appointed as Chair of the board
01-04-2026 Ugur Seckin Arikan: Appointed as Managing director
01-04-2026 Jorn Vercamert: Resigned as Directeur général
23-02-2026 Ugur Seckin Arikan: Appointed as Director
30-01-2026 Mark Reid: Resigned as Director
Full history in the Timeline (85 changes) →
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2005
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Koning AlbertII laan 271030 Schaarbeek
1 establishment unit
BICS
Koning AlbertII laan 27, 1030 SchaarbeekHoldings
since 20052.152.700.808

Statutory auditor

1 auditor
Deloitte Réviseurs d'EntreprisesCurrent
Statutory auditor · represented by Fabio De Clercq
21-04-2010 → present

Articles of association

Purpose
1° le développement de services, à l’intérieur ou l’extérieur du pays, dans le domaine des télécommunications. 2° l’exécution de toutes les opérations destinées à promouvoir…
Full purpose

1° le développement de services, à l’intérieur ou l’extérieur du pays, dans le domaine des télécommunications. 2° l’exécution de toutes les opérations destinées à promouvoir directement ou indirectement ses activités ou à permettre une utilisation optimale de son infrastructure. 3° la prise de participation dans des organismes, sociétés ou associations publics ou privés, existants ou à créer, belges, étrangers ou internationaux, laquelle peut contribuer directement ou indirectement à la réalisation de son objet. 4° la fourniture de services de radiodiffusion et de télévision. À cet effet, la société peut collaborer et prendre part, ou prendre un intérêt dans d'autres entreprises, directement ou indirectement, de quelque manière que ce soit. La société peut donner caution tant pour ses propres engagements que pour les engagements de tiers, entre autres en donnant ses biens en hypothèque ou en gage, y compris son propre fonds de commerce. La société peut d'une façon générale accomplir toutes opérations commerciales, industrielles, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter la réalisation.

Structure & network

Connections & network

21 connected companies
Jan Van Acoleyen, Shared director, links 4 companies JVJan Van AcoleyenFonds de pension Proximus, via Jan Van Acoleyen FDFonds de pensionProximusProximus Global, via Jan Van Acoleyen PGProximusGlobalArrive Belgium, via Jan Van Acoleyen ABArrive BelgiumNOKIA BELL PENSIOENFONDS, via Jan Van Acoleyen NBNOKIA BELLPENSIOENFONDSBen APPEL, Shared director, links 2 companies BABen APPELVERENIGING VAN DE RAAD VOOR DE JOURNALISTIEK, via Ben APPEL VVVERENIGING VANDE RAAD VOOR…AQUAFIN, Shared director AAQUAFINAXA BELGIUM, Shared director ABAXA BELGIUMbpost, Shared director BbpostDelhaize Le Lion/De Leeuw, Shared director DLDelhaize LeLion/De LeeuwEPM ACADEMY, Shared director EAEPM ACADEMYFEDERATION DE L'INDUSTRIE ALIMENTAIRE - FEDERATIE VOEDINGSINDUSTRIE, Shared director FDFEDERATION DEL'INDUSTRIE…FONDATION ULB, Shared director FUFONDATION ULBBelgacom International Carrier Services BelgacomInternation…0866.977.981
Shared directors
Linked via shared directors
Show 17 more companies with a shared director
AQUAFIN
Shared director
AXA BELGIUM
Shared director
bpost
Shared director
EPM ACADEMY
Shared director
FONDATION ULB
Shared director
GAMES SERVICES
Shared director
ICC Belgique
Shared director
LOTUS BAKERIES
Shared director
PROXIMUS ART
Shared director
Proximus Real Estate
Shared director
TECHNO.BEL
Shared director
UNILEVER BELGIUM
Shared director

Ownership & control

1 parent company
Control over this companyparent company per the LEI register1
Brussels
controls
Belgacom International Carrier ServicesBE 0866.977.981

Capital and shareholders

Shareholders according to the acts
After 2 capital increases act of 21-12-2009 ↗
  • MTN (Dubai) Limited 172,245 shares
  • MTN International Carrier Services SAM 16,854 shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 19-01-2024 Capital increase of 135,700,000 EUR · to 137,200,000 EUR · from reserves
  2. 21-12-2009 Capital reduction of 75,000,000 EUR
  3. 21-12-2009 Capital increase of 297,794.12 EUR · 189,099 new shares · in kind
  4. 21-12-2009 Capital increase of 2,205.88 EUR · 1,401 new shares · in cash

Recognitions · licences · registrations

Legal Entity Identifier

549300NOG5743SH57D19
live in the LEI register

Similar companies · same sector, comparable size

Of 1,376 companies in sector 61100 we hold annual accounts for 586. 29 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded30-08-2004
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filings

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

4 entries
Website:www.bics.com
Enterprise
E-mail:info@bics.com
Enterprise
Phone:02/547.52.10
Enterprise
Fax:02/547.52.12
Enterprise