NOMADO TELECOM
ActiveSummary
The computed 12-month bankruptcy probability of NOMADO TELECOM is 3.9% (moderate). The 2025 annual accounts show negative equity (-€135,781) and a net result of -€30,169. Equity is shrinking by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 262 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 0.35 in 2024; short-term debt: 401.9% and cash: 0.5% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-302%
Return on assets
-67.1%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€135,781
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
57 d late
2023
8 d late
2022
31 d late
2021
89 d early
2020
276 d late
2019
567 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 120 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 August (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€135,781▼ 28.6%
2024 · -€105,612
Total assets
€44,954▼ 21.0%
2024 · €56,891
Net result
-€30,169▼ 241%
2024 · -€8,844
Working capital
-€136,443▼ 28.2%
2024 · -€106,409
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 61, Telecommunications, 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
Line20212022202320242025
Operating result-€20,006▲ 22.8%€25,481-€192-€5,597▼ 2,817%-€28,643▼ 412%
Net result-€28,252below the sector's middle half▲ 25.3%€19,229within the sector's middle half-€3,945below the sector's middle half-€8,844below the sector's middle half▼ 124%-€30,169below the sector's middle half▼ 241%
Equity-€112,052below the sector's middle half▼ 33.7%-€92,823below the sector's middle half▲ 17.2%-€96,768below the sector's middle half▼ 4.3%-€105,612below the sector's middle half▼ 9.1%-€135,781below the sector's middle half▼ 28.6%
Total assets€23,895below the sector's middle half▲ 56.8%€29,815below the sector's middle half▲ 24.8%€18,011below the sector's middle half▼ 39.6%€56,891within the sector's middle half▲ 216%€44,954below the sector's middle half▼ 21.0%
Debt€135,947▲ 37.3%€122,638▼ 9.8%€114,779▼ 6.4%€162,503▲ 41.6%€180,734▲ 11.2%
Working capital-€111,976below the sector's middle half▼ 44.7%-€92,776below the sector's middle half▲ 17.1%-€98,284below the sector's middle half▼ 5.9%-€106,409below the sector's middle half▼ 8.3%-€136,443below the sector's middle half▼ 28.2%
Solvency-468.9%below the sector's middle half▲ 81.0pp-311.3%below the sector's middle half▲ 157.6pp-537.3%below the sector's middle half▼ 225.9pp-185.6%below the sector's middle half▲ 351.6pp-302.0%below the sector's middle half▼ 116.4pp
Current ratio0.17below the sector's middle half▲ 0.020.24below the sector's middle half▲ 0.070.14below the sector's middle half▼ 0.100.35below the sector's middle half▲ 0.200.24below the sector's middle half▼ 0.10
Return on assets (ROA)-118.2%below the sector's middle half▲ 129.9pp64.5%above the sector's middle half▲ 182.7pp-21.9%below the sector's middle half▼ 86.4pp-15.5%below the sector's middle half▲ 6.4pp-67.1%below the sector's middle half▼ 51.6pp
above
within
below
the middle half (P25 to P75) of NACE 61, Telecommunications, 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
The operating result stays negative: a loss of €28,643 in 2025 against €5,597 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44,954
Fixed assets
€710 ▼ 15.2%
Current assets
€44,243 ▼ 21.1%
Key figures and ratios
EBITDA
-€28,516▼
2024 · -€4,413
Cash flow
-€30,041▼
2024 · -€7,661
Debt to equity
-1.33▲
2024 · -1.54
Interest coverage
-15.41▼
2024 · -1.31
Debt ≤ 1 year
€180,686▲
2024 · €162,463
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.9% 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 497,338 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% | 1.9% |
| 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 6,906 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €938 | €706 | €69 | €1,183 | €128 | ▼ 89.2% |
| Other operating charges640/8 | €1,650 | €1,093 | €1,303 | €1,456 | €866 | ▼ 40.5% |
| Gross operating margin9900 | -€17,418 | €27,279 | €1,180 | -€2,958 | -€27,649 | ▼ 835% |
| Operating profit (loss)9901 | -€20,006 | €25,481 | -€192 | -€5,597 | -€28,643 | ▼ 412% |
| Financial income75/76B | €32 | €359 | €893 | €116 | €325 | ▲ 180% |
| Recurring financial income75 | €32 | €359 | €893 | €116 | €325 | ▲ 180% |
| Financial charges65/66B | €7,857 | €6,415 | €4,647 | €3,363 | €1,851 | ▼ 45.0% |
| Recurring financial charges65 | €7,857 | €6,415 | €4,647 | €3,363 | €1,851 | ▼ 45.0% |
| Profit (loss) for the period before taxes9903 | -€27,831 | €19,425 | -€3,945 | -€8,844 | -€30,169 | ▼ 241% |
| Income taxes67/77 | €421 | €196 | - | - | - | - |
| Profit (loss) for the period9904 | -€28,252 | €19,229 | -€3,945 | -€8,844 | -€30,169 | ▼ 241% |
| Profit (loss) for the period to be appropriated9905 | -€28,252 | €19,229 | -€3,945 | -€8,844 | -€30,169 | ▼ 241% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23,895 | €29,815 | €18,011 | €56,891 | €44,954 | ▼ 21.0% |
| Formation expenses20 | - | - | €1,373 | - | - | - |
| Fixed assets21/28 | €706 | €200 | €200 | €838 | €710 | ▼ 15.2% |
| Intangible fixed assets21 | €305 | - | - | - | - | - |
| Tangible fixed assets22/27 | €401 | - | - | €638 | €510 | ▼ 20.0% |
| Furniture and vehicles24 | €121 | - | - | €638 | €510 | ▼ 20.0% |
| Other tangible fixed assets26 | €280 | - | - | - | - | - |
| Financial fixed assets28 | - | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €23,190 | €29,615 | €16,438 | €56,054 | €44,243 | ▼ 21.1% |
| Amounts receivable within one year40/41 | €7,713 | €24,366 | €66 | €36,801 | €43,909 | ▲ 19.3% |
| Trade receivables40 | €6,484 | €23,137 | €66 | €36,801 | €43,909 | ▲ 19.3% |
| Other amounts receivable41 | €1,229 | €1,229 | - | - | - | - |
| Cash at bank and in hand54/58 | €14,765 | €5,105 | €16,241 | €19,136 | €216 | ▼ 98.9% |
| Deferred charges and accrued income490/1 | €712 | €145 | €131 | €117 | €118 | ▲ 1.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23,895 | €29,815 | €18,011 | €56,891 | €44,954 | ▼ 21.0% |
| Equity10/15 | -€112,052 | -€92,823 | -€96,768 | -€105,612 | -€135,781 | ▼ 28.6% |
| Contributions10/11 | €63,000 | €63,000 | €63,000 | €63,000 | €63,000 | = |
| Profit (loss) carried forward14 | -€175,052 | -€155,823 | -€159,768 | -€168,612 | -€198,781 | ▼ 17.9% |
| Amounts payable17/49 | €135,947 | €122,638 | €114,779 | €162,503 | €180,734 | ▲ 11.2% |
| Amounts payable after more than one year17 | €782 | - | - | - | - | - |
| Financial debts170/4 | €782 | - | - | - | - | - |
| Amounts payable within one year42/48 | €135,165 | €122,392 | €114,722 | €162,463 | €180,686 | ▲ 11.2% |
| Current portion of amounts payable after more than one year42 | €9,871 | €782 | - | - | - | - |
| Financial debts43 | €1,115 | €1,391 | €439 | €455 | €668 | ▲ 46.6% |
| Credit institutions430/8 | €1,115 | €1,391 | €439 | €455 | €668 | ▲ 46.6% |
| Trade debts44 | €22,595 | €25,835 | €22,540 | €49,574 | €60,492 | ▲ 22.0% |
| Suppliers440/4 | €22,595 | €25,835 | €22,540 | €49,574 | €60,492 | ▲ 22.0% |
| Taxes, remuneration and social security45 | €9,334 | €8,509 | €7,312 | €3,456 | €5,229 | ▲ 51.3% |
| Taxes450/3 | €9,334 | €8,509 | €7,312 | €3,456 | €5,229 | ▲ 51.3% |
| Other amounts payable47/48 | €92,251 | €85,875 | €84,430 | €108,977 | €114,298 | ▲ 4.9% |
| Accrued charges and deferred income492/3 | - | €247 | €57 | €41 | €48 | ▲ 18.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,252 | €19,229 | -€3,945 | -€8,844 | -€30,169 | ▼ 241% |
| + Depreciation and write-downs630 | €938 | €706 | €69 | €1,183 | €128 | ▼ 89.2% |
| Operating cash flow (approximation) | -€27,314 | €19,934 | -€3,876 | -€7,661 | -€30,041 | ▼ 292% |
| Investment in fixed assets (approximation) | - | -€200 | -€69 | -€1,821 | €0 | ▲ 100% |
| Change in cash | - | -€9,660 | €11,136 | €2,895 | -€18,920 | ▼ 754% |
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
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €19,229
Net result €19,229 after 4 loss-making years.
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 276 days late
18-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 567 days late
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 849 days late
2020
31-12
Financial
Weakest financial yearnet -€37,816
Net result drops to -€37,816, the lowest in the series; recovery starts the following year.
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Elsene · 1 establishment unit since 2007
Ground area
3,529 m²
Building footprint
1,878 m²
Volume, LiDAR
44,063 m³
Parcel 21822R0226/00W011, Brussels · tallest building 38.1 m, ±7 floors. Linked by address, not a title deed.
335
companies at this address
See who is registered here
1 establishment unit
NOMADO TELECOM
since 20072.163.912.523
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,372 companies in sector 61100 we hold annual accounts for 590. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-05-2007
Fiscal year end31-12
Abbreviation FR
NOMADO
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0889722107
Registered
27-03-2026
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.