1 2 3 TELECOM
ActiveSummary
1 2 3 TELECOM has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €272k and a net result of €-3k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability33▼-49
Solvency100▲+28
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity ample (current ratio 4.48 against 2.85 in 2023; short-term debt: 20.3% and cash: 33.1% of total assets), and 22.1% 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 risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
77.9%
Return on assets
-0.9%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
122 d late
2023
137 d late
2022
58 d late
2021
36 d late
2020
25 d late
2019
111 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k
2023 · €63k
2018: €73khighest in 7 years
2019: €16k▼ -77.9% vs 2018
2020: €49k▲ +201% vs 2019
2021: €-21k▼ -143% vs 2020lowest in 7 years
2022: €23k▲ +211% vs 2021
2023: €63k▲ +171% vs 2022
2024: €-3k▼ -105% vs 2023
2018 → 2024
Working capital
€246k▼ 30.7%
2023 · €355k
2018: €164k
2019: €111k▼ -32.5% vs 2018lowest in 7 years
2020: €130k▲ +17.5% vs 2019
2021: €137k▲ +5.9% vs 2020
2022: €171k▲ +24.7% vs 2021
2023: €355k▲ +107% vs 2022highest in 7 years
2024: €246k▼ -30.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€242k-€221k▼ 8.6%€244k▲ 10.5%€275k▲ 12.6%€272k▼ 1.1%
2020: €242k
2021: €221k▼ -8.6% vs 2020lowest in 5 years
2022: €244k▲ +10.5% vs 2021
2023: €275k▲ +12.6% vs 2022highest in 5 years
2024: €272k▼ -1.1% vs 2023
Operating result€80k-€-15k€42k€89k▲ 110%€9k▼ 89.5%
2020: €80k
2021: €-15k▼ -119% vs 2020lowest in 5 years
2022: €42k▲ +378% vs 2021
2023: €89k▲ +110% vs 2022highest in 5 years
2024: €9k▼ -89.5% vs 2023
Net result€49k-€-21k€23k€63k▲ 171%€-3k
2020: €49k
2021: €-21k▼ -143% vs 2020lowest in 5 years
2022: €23k▲ +211% vs 2021
2023: €63k▲ +171% vs 2022highest in 5 years
2024: €-3k▼ -105% vs 2023
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 89% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €349k
Fixed assets
€32k ▼ 6.5%
Current assets
€317k ▼ 42.1%
Equity and liabilities €349k
Equity
€272k ▼ 1.1%
Debt
€77k ▼ 74.9%
Debt's share of the balance-sheet total falls from 52.7% to 22.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16k▼
2023 · €102k
Cash flow
€3k▼
2023 · €76k
Current ratio
4.48▲
2023 · 2.85
Quick ratio
4.11▲
2023 · 2.68
Debt to equity
0.28▼
2023 · 1.11
ROE
-1.2%▼
2023 · 22.8%
ROA
-0.9%▼
2023 · 10.8%
Interest coverage
1.81▼
2023 · 17.19
Debt ≤ 1 year
€71k▼
2023 · €192k
Income taxes
€5k▼
2023 · €20k
Staff costs
€41k▼
2023 · €256k
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 · 2024 against 2023 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€581k€349k▼
Fixed assets21/28€34k€32k▼
Tangible fixed assets22/27€34k€32k▼
Furniture and vehicles24€9k€11k▲
Other tangible fixed assets26€25k€21k▼
Current assets29/58€547k€317k▼
Amounts receivable after more than one year29€11k€11k=
Other amounts receivable291€11k€11k=
Stocks and contracts in progress3€34k€26k▼
Stocks30/36€34k€26k▼
Amounts receivable within one year40/41€406k€58k▼
Trade receivables40€389k-
Other amounts receivable41€16k€58k▲
Current investments50/53€33k€100k▲
Cash at bank and in hand54/58€64k€115k▲
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€581k€349k▼
Equity10/15€275k€272k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€269k€266k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€267k€264k▼
Amounts payable17/49€306k€77k▼
Amounts payable within one year42/48€192k€71k▼
Financial debts43€7k€7k▲
Credit institutions430/8€7k€7k▲
Trade debts44€61k€46k▼
Suppliers440/4€61k€46k▼
Taxes, remuneration and social security45€113k€18k▼
Taxes450/3€25k€12k▼
Remuneration and social security454/9€89k€6k▼
Other amounts payable47/48€10k-
Accrued charges and deferred income492/3€115k€6k▼
Income statement
Code20232024
Non-recurring operating income76A€12-
Remuneration, social security and pensions62€256k€41k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€6k▼
Other operating charges640/8€6k€6k▼
Non-recurring operating charges66A€40k-
Gross operating margin9900€403k€63k▼
Operating profit (loss)9901€89k€9k▼
Financial income75/76B-€935
Recurring financial income75-€935
Financial charges65/66B€6k€9k▲
Recurring financial charges65€6k€9k▲
Profit (loss) for the period before taxes9903€83k€2k▼
Income taxes67/77€20k€5k▼
Profit (loss) for the period9904€63k€-3k▼
Profit (loss) for the period to be appropriated9905€63k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€-3k▼
Transfer from equity791/2-€3k
Transfer to equity691/2€31k-
To other reserves6921€31k-
Profit to be distributed694/7€32k-
Directors or managers695€32k-
Social balance
Average headcount (FTE)90873.01.0▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €12 | - | - |
| Remuneration, social security and pensions62 | - | €241k | €230k | €256k | €41k | ▼ 83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €16k | €18k | €13k | €6k | ▼ 51.2% |
| Other operating charges640/8 | - | €6k | €5k | €6k | €6k | ▼ 0.4% |
| Non-recurring operating charges66A | - | €2k | - | €40k | - | - |
| Gross operating margin9900 | €357k | €249k | €295k | €403k | €63k | ▼ 84.5% |
| Operating profit (loss)9901 | €80k | €-15k | €42k | €89k | €9k | ▼ 89.5% |
| Financial income75/76B | - | - | - | - | €935 | - |
| Recurring financial income75 | - | - | - | - | €935 | - |
| Financial charges65/66B | - | €3k | €3k | €6k | €9k | ▲ 45.3% |
| Recurring financial charges65 | €4k | €3k | €3k | €6k | €9k | ▲ 45.3% |
| Profit (loss) for the period before taxes9903 | €77k | €-18k | €39k | €83k | €2k | ▼ 98.0% |
| Income taxes67/77 | €28k | €2k | €16k | €20k | €5k | ▼ 76.0% |
| Profit (loss) for the period9904 | €49k | €-21k | €23k | €63k | €-3k | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €49k | €-21k | €23k | €63k | €-3k | ▼ 105% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €469k | €351k | €329k | €581k | €349k | ▼ 40.0% |
| Fixed assets21/28 | €112k | €84k | €73k | €34k | €32k | ▼ 6.5% |
| Tangible fixed assets22/27 | €91k | €84k | €73k | €34k | €32k | ▼ 6.5% |
| Plant, machinery and equipment23 | - | €6k | €3k | - | - | - |
| Furniture and vehicles24 | - | €15k | €15k | €9k | €11k | ▲ 19.8% |
| Other tangible fixed assets26 | - | €63k | €55k | €25k | €21k | ▼ 15.7% |
| Financial fixed assets28 | €21k | - | - | - | - | - |
| Current assets29/58 | €357k | €267k | €256k | €547k | €317k | ▼ 42.1% |
| Amounts receivable after more than one year29 | - | €21k | €21k | €11k | €11k | = |
| Other amounts receivable291 | - | €21k | €21k | €11k | €11k | = |
| Stocks and contracts in progress3 | €101k | €81k | €123k | €34k | €26k | ▼ 22.3% |
| Stocks30/36 | - | €81k | €123k | €34k | €26k | ▼ 22.3% |
| Amounts receivable within one year40/41 | €47k | €88k | €11k | €406k | €58k | ▼ 85.6% |
| Trade receivables40 | - | €30k | - | €389k | - | - |
| Other amounts receivable41 | - | €57k | €11k | €16k | €58k | ▲ 254% |
| Current investments50/53 | €150k | €50k | €40k | €33k | €100k | ▲ 202% |
| Cash at bank and in hand54/58 | €58k | €27k | €60k | €64k | €115k | ▲ 81.6% |
| Deferred charges and accrued income490/1 | - | - | €653 | - | €6k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €469k | €351k | €329k | €581k | €349k | ▼ 40.0% |
| Equity10/15 | €242k | €221k | €244k | €275k | €272k | ▼ 1.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | €6k | €6k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €236k | €215k | €238k | €269k | €266k | ▼ 1.2% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €213k | €236k | €267k | €264k | ▼ 1.2% |
| Amounts payable17/49 | €227k | €129k | €84k | €306k | €77k | ▼ 74.9% |
| Amounts payable within one year42/48 | €227k | €129k | €84k | €192k | €71k | ▼ 63.1% |
| Financial debts43 | - | €6k | €6k | €7k | €7k | ▲ 0.1% |
| Credit institutions430/8 | - | €6k | €6k | €7k | €7k | ▲ 0.1% |
| Trade debts44 | €127k | €43k | €27k | €61k | €46k | ▼ 25.1% |
| Suppliers440/4 | - | €43k | €27k | €61k | €46k | ▼ 25.1% |
| Advances received on contracts in progress46 | - | €30k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €34k | €41k | €113k | €18k | ▼ 83.9% |
| Taxes450/3 | - | €10k | €17k | €25k | €12k | ▼ 52.0% |
| Remuneration and social security454/9 | - | €24k | €23k | €89k | €6k | ▼ 92.7% |
| Other amounts payable47/48 | - | €16k | €10k | €10k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €115k | €6k | ▼ 94.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49k | €-21k | €23k | €63k | €-3k | ▼ 105% |
| + Depreciation and write-downs630 | €13k | €16k | €18k | €13k | €6k | ▼ 51.2% |
| Operating cash flow (approximation) | €62k | €-5k | €41k | €76k | €3k | ▼ 95.9% |
| Investment in fixed assets (approximation) | - | €13k | €-7k | €26k | €-4k | ▼ 115% |
| Change in cash | - | €-31k | €33k | €3k | €52k | ▲ 1,440% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 122 days late
2024
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 137 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 58 days late
2022
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 36 days late
2021
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial
Equity above €200kEq €242k ▲25.3%
3 profitable years in a row build equity to €242k.
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 111 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 51 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Chaudfontaine · 2 establishment units since 2009
Ground area
3,090 m²
Building footprint
309 m²
Volume, LiDAR
2,346 m³
3 parcels, Wallonia · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
AYWAILLE TELECOM
since 20092.182.157.233
Place du Marché 22, 4000 Liège
since 20122.233.123.310
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62104B0318/00C000 | Wallonia | 2,691 m² | 1 · 165 m² | 8.0 m · 2 fl. |
| 62009B0025/00G000 | Wallonia | 313 m² | 1 · 95 m² | 12.8 m · 4 fl. |
| 62063C1208/00B000 ProtectedMonument |
Wallonia | 86 m² | 1 · 48 m² | 13.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
DGS Informatique
BE 0824.643.421
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't Atelier VASTMANS
BE 0863.743.725
Genk · Eq €272,507
WIDE SCREEN AUDIO
BE 0536.875.895
Gent · Eq €273,092
Dronelights
BE 0732.680.986
Antwerpen · Eq €273,638
COTUBEX
BE 0468.206.627
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Of 3,225 companies in sector 47400 we hold annual accounts for 1,807. 1,292 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-10-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.