MUST TELECOM
ActiveSummary
MUST TELECOM has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,660 and a net result of -€7,340. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 31% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Official details
Source: KBO- Status
- Active since 18-09-2015 Normal situation
- Activity
- Agents specialised in the wholesale of other particular products NACE 46180and 1 other
- Establishment unit
- 2.247.968.268 4280 Hannut, since 01-10-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.3%
- Gross margin
- €78,115
- Turnover
- ≈ €360,000
- estimated
- Loss
- €7,340
- ▼ 93.9%
- Equity
- €37,660
- ▼ 19.6%
- Total assets
- €247,755
- ▼ 27.2%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts lateLiquidity: current ratio 0.14, cash €7,629, halvedlowers riskSize: total assets €247,755Founded in 2015Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 27% of them on solvency, 23% on liquidity, 48% on profitability and 19% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 47 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Change of role: MUSIN Thomas, from manager to administrateur non statutaire
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MUST TELECOM: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €179,000 and €244,000, founded between 2014 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| MUST TELECOM Hannut | €247,755 | €78,115 |
| NUMIDES Tongeren-Borgloon | €219,564 | €89,366 |
| BiosenSource Vilvoorde | €233,668 | €98,004 |
| HB PRODUCTION Sint-Jans-Molenbeek | €243,864 | €74,138 |
| MELM Eeklo | €204,561 | €78,047 |
| VIDEX GAELLE Genappe | €212,257 | €81,865 |
| BJORN'S Raeren | €179,342 | €61,533 |
Key facts about MUST TELECOM
- What is the company number of MUST TELECOM?
- The company number of MUST TELECOM is 0637.868.238. The VAT number is the same number with BE in front: BE 0637.868.238.
- Where is MUST TELECOM based?
- The registered office is at Rue Albert 1er 33, 4280 Hannut.Company details
- What does MUST TELECOM do?
- According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
- What is the legal form of MUST TELECOM?
- The legal form of MUST TELECOM is Private limited company (BV).
- When was MUST TELECOM founded?
- MUST TELECOM was founded on 18-09-2015.
- Is MUST TELECOM still active?
- Yes, MUST TELECOM is an active enterprise in the KBO register.
- What is the turnover of MUST TELECOM?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €78,115 and 30 comparable companies (NACE 461). It probably lies between €190,000 and €850,000.Financials
- Is MUST TELECOM profitable?
- In financial year 2025, MUST TELECOM made a loss of €7,340.
- Where can I find the annual accounts of MUST TELECOM?
- MUST TELECOM filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MUST TELECOM due?
- MUST TELECOM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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