KM.Telecom
ActiveSummary
KM.Telecom has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €90,812 and a net result of €21,088. Equity is growing by ~33.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability91▲+5
Solvency100▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 3.96 against 3.99 in 2023; short-term debt: 24.4% and cash: 81.3% of total assets), and 24.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
13 d late
2022
23 d late
2021
16 d late
2020
3 d late
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€90,812▲ 30.2%
2023 · €69,724
Total assets
€120,115▼ 9.3%
2023 · €132,440
Net result
€21,088▲ 13.2%
2023 · €18,634
Working capital
€86,683▼ 7.1%
2023 · €93,295
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€6,736▼ 65.5%€22,388▲ 232%€10,427▼ 53.4%€25,183▲ 142%€28,791▲ 14.3%
Net result€5,600within the sector's middle half▼ 63.7%€16,860within the sector's middle half▲ 201%€7,000within the sector's middle half▼ 58.5%€18,634within the sector's middle half▲ 166%€21,088within the sector's middle half▲ 13.2%
Equity€27,231within the sector's middle half▲ 25.9%€44,091within the sector's middle half▲ 61.9%€51,090within the sector's middle half▲ 15.9%€69,724within the sector's middle half▲ 36.5%€90,812within the sector's middle half▲ 30.2%
Total assets€63,406below the sector's middle half▲ 32.3%€91,113within the sector's middle half▲ 43.7%€76,324within the sector's middle half▼ 16.2%€132,440within the sector's middle half▲ 73.5%€120,115within the sector's middle half▼ 9.3%
Debt€36,175▲ 37.6%€47,022▲ 30.0%€25,233▼ 46.3%€62,716▲ 149%€29,303▼ 53.3%
Working capital€14,227within the sector's middle half▼ 21.0%€25,583within the sector's middle half▲ 79.8%€33,771within the sector's middle half▲ 32.0%€93,295above the sector's middle half▲ 176%€86,683within the sector's middle half▼ 7.1%
Solvency42.9%within the sector's middle half▼ 2.2pp48.4%within the sector's middle half▲ 5.4pp66.9%above the sector's middle half▲ 18.5pp52.6%within the sector's middle half▼ 14.3pp75.6%above the sector's middle half▲ 23.0pp
Current ratio1.46within the sector's middle half▼ 0.221.65within the sector's middle half▲ 0.192.44within the sector's middle half▲ 0.803.99above the sector's middle half▲ 1.553.96above the sector's middle half▼ 0.03
Return on assets (ROA)8.8%within the sector's middle half▼ 23.4pp18.5%above the sector's middle half▲ 9.7pp9.2%within the sector's middle half▼ 9.3pp14.1%within the sector's middle half▲ 4.9pp17.6%above the sector's middle half▲ 3.5pp
Staff (FTE)0.3below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120,115
Fixed assets
€4,130 ▼ 47.9%
Current assets
€115,986 ▼ 6.8%
Equity and liabilities €120,115
Equity
€90,812 ▲ 30.2%
Debt
€29,303 ▼ 53.3%
Debt's share of the balance-sheet total falls from 47.4% to 24.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32,590▲
2023 · €28,982
Cash flow
€24,887▲
2023 · €22,433
Debt to equity
0.32▼
2023 · 0.90
ROE
23.2%▼
2023 · 26.7%
Interest coverage
124.82▲
2023 · 84.60
Debt ≤ 1 year
€29,303▼
2023 · €31,216
Income taxes
€7,442▲
2023 · €6,207
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €250 | €273 | €160 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,234 | €9,671 | €8,452 | €3,799 | €3,799 | = |
| Other operating charges640/8 | - | €2,175 | €2,280 | €2,877 | €2,626 | ▼ 8.7% |
| Non-recurring operating charges66A | - | - | - | €5,772 | - | - |
| Gross operating margin9900 | €17,987 | €34,483 | €21,432 | €37,792 | €35,216 | ▼ 6.8% |
| Operating profit (loss)9901 | €6,736 | €22,388 | €10,427 | €25,183 | €28,791 | ▲ 14.3% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €390 | €370 | €343 | €261 | ▼ 23.8% |
| Recurring financial charges65 | €246 | €390 | €370 | €343 | €261 | ▼ 23.8% |
| Profit (loss) for the period before taxes9903 | €6,490 | €21,999 | €10,057 | €24,841 | €28,530 | ▲ 14.9% |
| Income taxes67/77 | €890 | €5,139 | €3,058 | €6,207 | €7,442 | ▲ 19.9% |
| Profit (loss) for the period9904 | €5,600 | €16,860 | €7,000 | €18,634 | €21,088 | ▲ 13.2% |
| Profit (loss) for the period to be appropriated9905 | €5,600 | €16,860 | €7,000 | €18,634 | €21,088 | ▲ 13.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63,406 | €91,113 | €76,324 | €132,440 | €120,115 | ▼ 9.3% |
| Fixed assets21/28 | €18,281 | €25,952 | €19,153 | €7,929 | €4,130 | ▼ 47.9% |
| Tangible fixed assets22/27 | €18,281 | €25,952 | €19,153 | €7,929 | €4,130 | ▼ 47.9% |
| Plant, machinery and equipment23 | - | €1,683 | - | - | - | - |
| Furniture and vehicles24 | - | €24,269 | €19,153 | €7,929 | €4,130 | ▼ 47.9% |
| Current assets29/58 | €45,125 | €65,161 | €57,171 | €124,511 | €115,986 | ▼ 6.8% |
| Amounts receivable within one year40/41 | €16,476 | €41,183 | €10,301 | €8,044 | €18,304 | ▲ 128% |
| Trade receivables40 | - | €33,053 | - | €2,632 | - | - |
| Other amounts receivable41 | - | €8,130 | €10,301 | €5,412 | €18,304 | ▲ 238% |
| Cash at bank and in hand54/58 | €28,649 | €23,978 | €45,396 | €115,019 | €97,682 | ▼ 15.1% |
| Deferred charges and accrued income490/1 | - | - | €1,474 | €1,448 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63,406 | €91,113 | €76,324 | €132,440 | €120,115 | ▼ 9.3% |
| Equity10/15 | €27,231 | €44,091 | €51,090 | €69,724 | €90,812 | ▲ 30.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €19,171 | €36,031 | €43,030 | €61,664 | €82,752 | ▲ 34.2% |
| Amounts payable17/49 | €36,175 | €47,022 | €25,233 | €62,716 | €29,303 | ▼ 53.3% |
| Amounts payable after more than one year17 | €5,278 | €7,444 | €1,833 | - | - | - |
| Financial debts170/4 | - | €7,444 | €1,833 | - | - | - |
| Amounts payable within one year42/48 | €30,897 | €39,577 | €23,400 | €31,216 | €29,303 | ▼ 6.1% |
| Current portion of amounts payable after more than one year42 | - | €7,000 | €5,611 | €1,833 | - | - |
| Trade debts44 | €20,907 | €12,357 | €5,757 | €16,940 | €18,684 | ▲ 10.3% |
| Suppliers440/4 | - | €12,357 | €5,757 | €16,940 | €18,684 | ▲ 10.3% |
| Taxes, remuneration and social security45 | - | €6,046 | €9,604 | €10,015 | €8,192 | ▼ 18.2% |
| Taxes450/3 | - | €5,889 | €8,946 | €10,015 | €8,192 | ▼ 18.2% |
| Remuneration and social security454/9 | - | €157 | €658 | - | - | - |
| Other amounts payable47/48 | - | €14,174 | €2,428 | €2,428 | €2,428 | = |
| Accrued charges and deferred income492/3 | - | - | - | €31,500 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,600 | €16,860 | €7,000 | €18,634 | €21,088 | ▲ 13.2% |
| + Depreciation and write-downs630 | €5,234 | €9,671 | €8,452 | €3,799 | €3,799 | = |
| Operating cash flow (approximation) | €10,834 | €26,531 | €15,452 | €22,433 | €24,887 | ▲ 10.9% |
| Investment in fixed assets (approximation) | - | -€17,342 | -€1,653 | €7,425 | €0 | ▼ 100% |
| Change in cash | - | -€4,671 | €21,418 | €69,623 | -€17,337 | ▼ 125% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Highest result since 2019net €21,088 ▲13.2%
Operating result €28,791, net result €21,088, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-12
Financial
Weakest financial yearnet €5,600 ▼63.7%
Net result drops to €5,600, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2018
Ground area
88 m²
Building footprint
65 m²
Volume, LiDAR
390 m³
Parcel 46384E2030/00H000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KM.Telecom
since 20182.279.367.960
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384E2030/00H000 | Flanders | 88 m² | 1 · 65 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,464 companies in sector 43120 we hold annual accounts for 3,234. 2,641 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
Founded28-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
42220Construction of utility projects for electricity and telecommunications
43130Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0701814695
Also
9925:BE0701814695
Registered
20-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.