Sector · NACE 61

Telecommunication

636 Belgian companies whose main activity falls under NACE code 61 have filed annual accounts. Their median solvency is 41.6% for financial year 2024.

Companies636
Median solvency41.6%
Median equity70,377 €
Median headcount (FTE)5.3
Founded in the last 3 years49

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 8.0%41.6%71.3% 550
Current ratio 0.691.442.87 549
ROE 0.2%13.4%36.8% 436
Equity 7,376 €70,377 €263,972 € 556
Total assets 60,575 €197,611 €950,804 € 553
Net result −3,816 €9,308 €52,491 € 552
Headcount (avg FTE) 1.05.324.7 185

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Telecommunication

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Atlas Services Belgium 1140 Evere €22.7bn €1.83m €22.7bn 13.2 2025
2 Proximus 1030 Schaerbeek €9.96bn €3.89bn €1.42bn 8,312.3 2025
3 Telenet Group 2800 Mechelen €7.35bn €254.7m €3.06bn 310.6 2025
4 Telenet 2800 Mechelen €4.49bn €2.12bn €2.70bn 2,475.5 2025
5 Orange Belgium 1140 Evere €3.71bn €1.67bn €864.1m 1,953.2 2025
6 Nethys 4000 Liège €1.72bn 488,102 € €1.65bn 8.8 2025
7 Proximus Global 1030 Schaerbeek €1.43bn — €1.43bn — 2023
8 Enodia 4000 Liège €1.35bn — €1.19bn 170.9 2025
9 Society FOR Worldwide Interbank Financial Telecommunication 1310 La Hulpe €1.28bn €1.14bn €905.5m 2,098.7 2025
10 Orange NetCo 1140 Evere €882.8m €114.9m €678.1m — 2025
11 Fiberklaar 9051 Ghent €831.8m €18.1m €742.8m 37.3 2025
12 Belgacom International Carrier Services 1030 Schaerbeek €662.4m €763.6m €204.7m 331.1 2025
13 Unifiber 1410 Waterloo €588.8m — €39.4m 11.5 2025
14 Société Internationale de Télécommunications Aéronautiques 1140 Evere €384.9m €5.44m €94.2m 21.0 2025
15 Eurofiber 1930 Zaventem €267.7m €46.8m €42.9m 76.6 2025
16 NV Verizon Belgium Luxembourg 1831 Machelen (Brab.) €241.6m €30.6m €176.7m 65.7 2024
17 DIGI Communications Belgium 1000 Brussels €212.3m — €147.7m 138.3 2025
18 LCL 1831 Machelen (Brab.) €205.4m €35.4m €13.8m 43.0 2025
19 Proximus NXT IT 1030 Schaerbeek €203.2m €242.1m €94.2m 502.4 2025
20 A.S.T.R.I.D. 1000 Brussels €194.9m €27.2m €166.6m 136.2 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

Where are they based?

  • Brussels-Capital191
  • Flemish Brabant102
  • Antwerp80
  • East Flanders51
  • West Flanders49
  • Hainaut49
  • Walloon Brabant38
  • Liège29
  • Limburg25
  • Namur17
  • Luxembourg4

Municipalities with the most

Sub-sectors

Frequently asked questions

How many Telecommunication companies are there in Belgium?

636 Belgian companies whose main activity falls under NACE code 61 (Telecommunication) have filed annual accounts with the National Bank.

What is the median solvency in Telecommunication?

For financial year 2024, median solvency (equity over total assets) is 41.6%. The middle half of companies lies between 8.0% and 71.3% (550 companies).

What is the largest company in Telecommunication?

By total assets, it is Atlas Services Belgium (€22.7bn, financial year 2025).

Where are Telecommunication companies based?

The municipalities with the most: Brussels (35), Ixelles (31), Zaventem (21).

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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 10 Oct 2026.