Orange Belgium and Luxembourg, a privately owned company headquartered in Belgium and a subsidiary of Orange Europe, was founded in 1995, operates with approximately 1,700 employees, and reported $2.2 billion in revenue as of 2024. It functions as a tier 1 media tech buyer. Specializing in telecoms, the entity known today as Orange Belgium was originally created by France Télécom in 1996 as Mobistar before rebranding to Orange in May 2016.
On March 20, 2026, Orange Belgium named Matthieu Bouchery as its new Chief Financial Officer, effective July 1. Bouchery, who has over 20 years of experience within the Orange Group and most recently served as head of financing and treasury activities since 2019, also holds board memberships at Orange Belgium and the Spanish operator MasOrange. He succeeds Antoine Chouc, who transitioned to Orange France as Chief Financial and Strategy Officer in April 2026. Gildas Bouchet will serve as interim CFO until Bouchery assumes the role. Previously, on February 8, Orange Belgium reported its full-year 2025 results, with revenue declining 1.5% to €1,963.4 million, net income at €41.3 million, and basic earnings per share from continuing operations of €0.61. The company decided not to pay a 2025 dividend to conserve cash. This revenue decrease, detailed on February 6, was partly attributed to the non-renewal of broadcasting rights for Belgian football after the company failed to reach an agreement with DAZN. Despite the revenue dip, 2025 EBITDA rose 3.4% to €566.1 million, exceeding guidance due to VOO synergies and cost controls. Orange Belgium forecasts a 3.5% EBITDA growth and lower CapEx for 2026, expecting service revenues to return to growth.
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Orange Belgium and Luxembourg offers 8 products in the media and telecoms services industry. Orange Belgium and Luxembourg's product portfolio comprises of consumer electronics, media and TV services and telecoms.
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Orange Belgium and Luxembourg's revenues were over $1B in 2024. Caretta Research has split Orange Belgium and Luxembourg's revenue into 6 different product categories, the largest of which is mobile services. For full access to Orange Belgium and Luxembourg's revenue breakdown subscribe to Caretta Portal.
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