Skip to content

Telecommunications

NACE 61
Current registrations 1,978
Starters, 12 months 31816.1 per 100 · Belgium 8.9
Bankruptcies, 12 months 2311.6 per 1,000 registrations · Belgium 6.2
Employment (FTE) 19,144130 employers · latest accounts
Median age 8.4 yearsBelgium 8.1 years
E-invoicing via Peppol 68.5%1,355 of 1,978 companies in the Peppol Directory · Belgium 85.0%

Activities

NACE division 61 · 3 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Wired, wireless and satellite telecommunications61100 1,235 37 19 18,098
Telecommunications resale and intermediation services61200 729 257 4 1,038
Telecommunications61900 34 24 0 7

Filed accounts

NACE division 61 · financial year 2025 · 631 filed annual accounts
Median solvency
41.0%
Belgium 46.1%
Median net result
€9,568
Belgium €16,468
Median equity
€79,099
Belgium €98,204
Loss-making
32.9%
Belgium 26.7%
Negative equity
15.6%
Belgium 12.4%
Median return on equity
13.3%
Belgium 15.9%
Median liquidity
1.53
Belgium 1.66
Filed late
46.9%
financial year 2024, 593 filings · Belgium 38.5%
Missing or 90 days late
9.4%
of 736 companies with annual accounts · Belgium 5.5%
Per financial year20182019202020212022202320242025
Median solvency --33.7%36.4%36.9%35.4%41.2%40.5%
Median net result --€8,960€9,450€9,631€8,822€9,308€8,114
Filed late 49.1%53.9%53.1%50.8%47.8%47.1%46.9%-

Hold your customer's or competitor's figures against them in the Sector benchmark

Staff cost per FTE in NACE division 61

109 employers
Median
€79,600
Belgium €61,400
Middle half
€60,200 to €104,800
half of the employers lie between
Place among sectors
13 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €68,400 €53,000 to €83,400 47
10 to 49 FTE €89,500 €70,600 to €111,200 39

Bankruptcies

Bankruptcies, 5 years, still registered
56
2.83% of the registrations · Belgium 1.68%

Bankruptcies per year in division 61

Per year201520162017201820192020202120222023202420252026
Bankruptcies866881667151253850533542
Jobs lost1331141378917288327978875254

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Recent bankruptcies

Date Company
27-10-2026 AXIONE BELGIUM
BE 1019.401.704
02-10-2026 NASSIM.COM
BE 0478.186.739
28-09-2026 NELYA AND CO
BE 0787.911.105
22-09-2026 MOBILEPOINT
BE 0787.741.057
21-09-2026 DIGITECH ADVANCE
BE 1002.973.862
24-07-2026 MSAADA FOUNDATION
BE 0867.724.980
14-07-2026 F.A.M Consult
BE 0456.090.337
07-07-2026 MEGA TRADE PLUS
BE 0779.504.866

Every bankruptcy in division 61, last 90 days

Spread across the country

by region and province · 966 of 1,978 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 477 · 49.4%
  • Brussels 258 · 26.7%
  • Wallonia 204 · 21.1%
  • Abroad 27 · 2.8%
fewer moremax 258

Largest employers

NACE division 61 · staff from the latest accounts
  1. 1 PROXIMUSSchaerbeek 8,312 FTEfinancial year 2025
  2. 2 TELENETMechelen 2,476 FTEfinancial year 2025
  3. 3 SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATIONLa Hulpe 2,099 FTEfinancial year 2025
  4. 4 ORANGE BELGIUMEvere 1,953 FTEfinancial year 2025
  5. 5 Proximus NXT ITSchaerbeek 502 FTEfinancial year 2025

Joint committees

from the latest accounts of 198 companies
  • 200 Auxiliary committee for white-collar workers 149
  • 201 Independent retail 23
  • 149.01 Electricians: installation and distribution 22
  • 100 Auxiliary committee for blue-collar workers 14
  • 227 Audiovisual sector 4
  • 209 White-collar workers in metal manufacturing 3
  • 111 Metal, mechanical and electrical engineering 2
  • 149 Sectors related to metal, mechanical and electrical engineering 2
Show the 8 others
  • 118 Food industry 1
  • 121 Cleaning 1
  • 302 Hotels and catering 1
  • 314 Hairdressing and beauty care 1
  • 315.02 Commercial aviation 1
  • 329.01 Socio-cultural sector 1
  • 332 French- and German-speaking welfare and health sector 1
  • 337 Auxiliary committee for the non-profit sector 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Foreign control in NACE division 61

873 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €10.4m awarded 90 recipients · 2022 to 2025 · largest: Ontwikkelingsproject
  • Wallonia-Brussels Federation €9.1m paid 10 recipients · 2021 to 2025 · largest: Subventions aux médias de proximité
  • Federal transfers 225.4m amount as published 10 recipients · 2023 to 2025 · largest: Subsidie aan de NV Astrid ten behoeve van het Astrid-netwerk
  • EU budget €143.6m attributed share 15 recipients · 2021 to 2025 · largest: Information and communication technology
  • EU research €15.2m EU contribution 14 recipients · 2013 to 2025 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Telecommunications

Balance sheet and result. The median net result of €9,568 is below Belgium's €16,468. 15.6% of the annual accounts show negative equity, against 12.4% in Belgium. 32.9% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.7% is above Belgium's 0.2%. In 12 months, 11.6 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 93% of the 87 other NACE divisions. By size, the median bankruptcy probability is 0.8% at under 10 FTE and 0.3% at 10 to 49 FTE.

Inflow and structure. Brussels holds 27.5% of the seats, against 12.5% in Belgium. In 12 months, 16.1 of 100 companies started, against 8.9 in Belgium. That is more than in 95% of the 86 other NACE divisions. 51.2% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. The median staff cost per FTE of €79,563 is above Belgium's €61,428. 46.9% of the financial year 2024 accounts were filed late, against 38.5% in Belgium. The 5 largest employers hold 15,342 of the 19,144 FTE: 80.1%.

Direction. Median solvency rose from 33.7% in financial year 2020 to 40.5% in financial year 2025. In 2025, Statbel counted 35 bankruptcies and 52 jobs lost, against 51 bankruptcies in 2020.

The comparison with Belgium as a whole and with the other divisions is as of 14-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 61 exists.

The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.

The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,430 companies with a main activity, because only those belong to a division. The other 700,464 registrations publish no activity.

Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.