Ranking · Flanders · NACE 61
Telecommunication: highest revenue in Flanders
As of 12 Nov 2026, 45 companies in Telecommunication (NACE 61) in Flanders publish their revenue in recent accounts (financial years 2023 to 2026). The top 10 account for €2.99bn, out of €3.41bn for all of them; median revenue is €15.0m. Telenet leads with €2.12bn (financial year 2025).
Top 45 · Telecommunication · Flanders
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Telenet 2800 Mechelen | €4.49bn | €2.12bn | €2.70bn | 2,475.5 | 2025 |
| 2 | Telenet Group 2800 Mechelen | €7.35bn | €254.7m | €3.06bn | 310.6 | 2025 |
| 3 | BT Global Services Belgium 1831 Machelen (Brab.) | €66.0m | €145.0m | €17.9m | 118.5 | 2026 |
| 4 | Mobile Vikings 3500 Hasselt | €45.5m | €92.3m | €23.0m | 92.8 | 2024 |
| 5 | Belgium Tower Partners 1831 Machelen (Brab.) | €134.4m | €73.5m | €69.4m | 8.2 | 2025 |
| 6 | Colt Technology Services 1831 Machelen (Brab.) | €83.5m | €73.3m | €25.1m | 67.7 | 2025 |
| 7 | Simac 3001 Leuven | €40.6m | €69.7m | €10.6m | 167.2 | 2025 |
| 8 | Lycamobile Belgium 1930 Zaventem | €63.2m | €57.8m | €25.5m | — | 2024 |
| 9 | Dstny BE 1930 Zaventem | €20.2m | €52.6m | €10.2m | 135.3 | 2025 |
| 10 | WEngage International 1831 Machelen (Brab.) | €22.4m | €51.8m | €5.54m | 65.8 | 2025 |
| 11 | Platform Science 8900 Ypres | €50.1m | €50.1m | €28.8m | 107.6 | 2025 |
| 12 | Eurofiber 1930 Zaventem | €267.7m | €46.8m | €42.9m | 76.6 | 2025 |
| 13 | Stefanini 1930 Zaventem | €16.7m | €41.3m | €4.40m | 130.0 | 2025 |
| 14 | LCL 1831 Machelen (Brab.) | €205.4m | €35.4m | €13.8m | 43.0 | 2025 |
| 15 | The Ring Ring Company 1831 Machelen (Brab.) | €10.7m | €33.2m | €2.23m | 21.6 | 2025 |
| 16 | NV Verizon Belgium Luxembourg 1831 Machelen (Brab.) | €241.6m | €30.6m | €176.7m | 65.7 | 2024 |
| 17 | Arrive Belgium 9090 Merelbeke-Melle | €30.5m | €28.3m | €17.0m | 88.3 | 2025 |
| 18 | EDPNET Belgium 9100 Sint-Niklaas | €24.7m | €26.5m | 239,444 € | 73.1 | 2025 |
| 19 | GTT Communications Belgium 1930 Zaventem | €25.2m | €22.4m | €14.4m | 25.1 | 2025 |
| 20 | Fiberklaar 9051 Ghent | €831.8m | €18.1m | €742.8m | 37.3 | 2025 |
| 21 | Arcadiz Telecom 1930 Zaventem | €10.9m | €15.4m | €3.16m | 21.1 | 2025 |
| 22 | EXA Infrastructure Belgium 1930 Zaventem | €200.1m | €15.3m | €29.2m | 6.0 | 2025 |
| 23 | CM.COM Belgium 2800 Mechelen | €6.51m | €15.0m | €2.26m | 16.4 | 2025 |
| 24 | Dstny Global Infra Services 1930 Zaventem | €9.88m | €11.3m | €1.22m | 16.4 | 2025 |
| 25 | Micro Focus Belgium 1800 Vilvoorde | €9.14m | €8.90m | €3.68m | 19.3 | 2025 |
| 26 | VENN 1932 Zaventem | €4.32m | €8.53m | €1.10m | 14.5 | 2025 |
| 27 | IP Nexia 1831 Machelen (Brab.) | €3.33m | €6.04m | €1.56m | 6.8 | 2025 |
| 28 | Belgian Tower Company 2900 Schoten | €6.41m | €4.05m | €3.19m | 7.2 | 2026 |
| 29 | Pangea Telecom 2018 Antwerp | 366,214 € | €1.79m | 114,035 € | — | 2025 |
| 30 | Capable 9100 Sint-Niklaas | 424,540 € | €1.49m | 140,203 € | — | 2025 |
| 31 | Citymesh Operator 8020 Oostkamp | €40.7m | €1.31m | 706,406 € | — | 2025 |
| 32 | Worldcall Telecom 1700 Dilbeek | 371,726 € | 712,431 € | 1,498 € | — | 2025 |
| 33 | Mindquest 8610 Kortemark | 32,390 € | 309,342 € | 2,598 € | 1.0 | 2025 |
| 34 | Shah G 2060 Antwerp | 68,637 € | 174,470 € | 629 € | — | 2025 |
| 35 | TL Solutions 1740 Ternat | 124,085 € | 170,256 € | 100,298 € | — | 2023 |
| 36 | Teletron 1880 Kapelle-op-den-Bos | 386,194 € | 142,703 € | 76,838 € | — | 2025 |
| 37 | First Option Tech 9120 Beveren-Kruibeke-Zwijndrecht | 27,430 € | 95,369 € | 10,954 € | — | 2025 |
| 38 | DYOS 2387 Baarle-Hertog | 343,273 € | 89,179 € | 100,822 € | — | 2025 |
| 39 | Noumedia 2060 Antwerp | 54,812 € | 83,898 € | 36,409 € | — | 2025 |
| 40 | A.H Company 9000 Ghent | 73,837 € | 81,864 € | 53,293 € | — | 2025 |
| 41 | Korab 1740 Ternat | 34,506 € | 61,311 € | 25,426 € | — | 2024 |
| 42 | Netdistri 8380 Bruges | 24,492 € | 53,973 € | −65,938 € | — | 2025 |
| 43 | 3M2E 1840 Londerzeel | €1.72m | 8,940 € | €1.15m | — | 2025 |
| 44 | Telecom Infrastructure Partners Belgium 2000 Antwerp | €1.58m | 3,591 € | 907,463 € | 7.1 | 2025 |
| 45 | FOTA 2610 Antwerp | 78,130 € | 2,531 € | 6,985 € | — | 2025 |
Ranking based on each company's own annual accounts (statutory, not consolidated): a subsidiary and its parent appear separately, and the ranking differs from lists based on consolidated group accounts. These are the revenue figures published in the annual accounts. Small companies (micro and abridged accounts) do not have to publish theirs: they do not appear in this ranking.
Telecommunication across Belgium → All sectors · Flanders →
Other sectors · Flanders
- 01 Crop and animal production, hunting and related service activities202
- 08 Other mining and quarrying23
- 10 Manufacture of food products505
- 11 Manufacture of beverages47
- 13 Manufacture of textiles114
- 14 Manufacture of wearing apparel23
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials66
- 17 Manufacture of paper and paper products58
- 18 Printing and reproduction of recorded media75
- 20 Manufacture of chemicals and chemical products205
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations30
- 22 Manufacture of rubber and plastic products153
- 23 Manufacture of other non-metallic mineral products151
- 24 Manufacture of basic metals72
- 25 Manufacture of fabricated metal products, except machinery and equipment348
- 26 Manufacture of computer, electronic and optical products96
- 27 Manufacture of electrical equipment63
- 28 Manufacture of machinery and equipment n.e.c.164
- 29 Manufacture of motor vehicles, trailers and semi-trailers58
- 30 Manufacture of other transport equipment22
- 31 Manufacture of furniture74
- 32 Other manufacturing73
- 33 Repair, maintenance and installation of machinery and equipment130
- 35 Electricity, gas, steam and air conditioning supply146
- 37 Sewerage18
- 38 Waste collection, recovery and disposal activities156
- 41 Construction of residential and non-residential buildings882
- 42 Civil engineering222
- 43 Specialised construction activities1,342
- 46 Wholesale trade2,896
- 47 Retail trade1,541
- 49 Land transport and transport via pipelines790
- 50 Water transport49
- 51 Air transport17
- 52 Warehousing, storage and support activities for transportation466
- 53 Postal and courier activities50
- 55 Accommodation105
- 56 Food and beverage service activities498
- 58 Publishing activities55
- 59 Motion picture, video and television programme production, sound recording and music publishing activities67
- 60 Programming, broadcasting, news agency and other content distribution activities10
- 62 Computer programming, consultancy and related activities1,005
- 63 Computing infrastructure, data processing, hosting and other information service activities57
- 64 Financial service activities, except insurance and pension funding1,457
- 66 Activities auxiliary to financial services and insurance activities150
- 68 Real estate activities1,138
- 69 Legal and accounting activities292
- 70 Activities of head offices and management consultancy1,100
- 71 Architectural and engineering activities; technical testing and analysis290
- 72 Scientific research and development43
- 73 Activities of advertising, market research and public relations207
- 74 Other professional, scientific and technical activities72
- 75 Veterinary activities20
- 77 Rental and leasing activities175
- 78 Employment activities135
- 79 Travel agency, tour operator and other reservation service and related activities43
- 80 Investigation and security activities25
- 81 Services to buildings and landscape activities261
- 82 Office administrative, office support and other business support activities336
- 84 Public administration and defence; compulsory social security24
- 85 Education463
- 86 Human health activities385
- 87 Residential care activities346
- 88 Social work activities without accommodation243
- 90 Arts creation and performing arts activities180
- 91 Libraries, archives, museums and other cultural activities19
- 93 Sports activities and amusement and recreation activities144
- 94 Activities of membership organisations109
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles185
- 96 Personal service activities211
Municipalities with the most companies in the sector · Flanders
- 1930 Zaventem (Nossegem)21
- 1831 Machelen (Brab.) (Diegem)11
- 9000 Ghent8
- 1600 Sint-Pieters-Leeuw (Oudenaken, Sint-Laureins-Berchem)7
- 2018 Antwerp7
- 2800 Mechelen (Walem)7
- 2060 Antwerp5
- 3001 Leuven (Heverlee)5
- 8400 Ostend (Stene, Zandvoorde)5
- 9100 Sint-Niklaas (Nieuwkerken-Waas)5
- 2000 Antwerp4
- 2600 Antwerp (Berchem)4
Frequently asked questions
Which company in Telecommunication in Flanders has the highest revenue?
Telenet, with €2.12bn of published revenue (financial year 2025).
Why are some companies missing?
Small companies (micro and abridged accounts) do not have to publish their revenue: only the 45 that publish it, out of 305 companies in the sector in the area, are ranked.
Why does this ranking differ from other lists?
It uses each company's annual accounts as filed with the National Bank, not consolidated group accounts. A holding, a subsidiary or a purchasing entity can therefore appear separately. Only companies whose latest accounts are less than 3 years old are ranked.
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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 12 Nov 2026.