TELCOM
ActiveFrom the official registers: KBO 32 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
TELCOM has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €416,328 and a net result of €6,028. Equity has been stable since 2018 (±0.5% per year). Its solvency ranks better than 91% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 26-07-1993 Normal situation
- Legal form
- Private limited company
- Registered office
- Merlostraat 6A, 1180 Ukkel
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121
- Establishment units
- 2.063.114.972 1180 Ukkel, since 10-08-1993
- 2.201.371.052 7370 Dour, since 01-08-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €155,951
- ▼ 20.5%
- Turnover
- ≈ €320,000
- estimated
- Profit
- €6,028
- ▼ 80.9%
- Equity
- €416,328
- ▲ 1.5%
- Total assets
- €472,531
- ▼ 20.0%
- Staff
- 2 FTE
2025 accounts filed 31 days after the deadline
Filed on 31-08-2026at the National Bank
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateSize: 2 FTE, total assets €472,531lowers riskEquity €416,328 (88.1% of total assets)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency
100+6
equity 88.1% of total assets
Liquidity
59+21
short-term debt 11.9% · cash 8.1%
Profitability
70-5
return on assets 1.3%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.7%
12-2024: 1.7%● unchanged vs 11-2024
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.6%▼ -0.1 percentage points vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.5%▼ -0.1 percentage points vs 05-2025
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +0.1 percentage points vs 07-2025
09-2025: 1.8%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.2%▼ -1.6 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026
09-2026: 0.2%▼ -0.3 percentage points vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.39 (3.3 in 2024), above the usual 1.5. Short-term debt is 11.9% and cash 8.1% of total assets. 11.9% of the assets are financed with debt and provisions.
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 71, micro). It does better than 87% of them on solvency, 45% on liquidity, 32% on profitability and 43% on growth.
The bankruptcy probability was computed on 31-10-2026 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
30 days late
2023
26 days late
2022
32 days late
2021
73 days late
2020
41 days late
2019
49 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 40 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00483634.
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 31-08-2026
- Format
- abbreviated format
- Reference
- 2026-00483634
Turnover
≈ €320,000
Estimated: probably between €240,000 and €470,000
EBIT margin
Not included in this filing
Net result
€6,028▼ 80.9%
2024 · €31,534
Working capital
€415,527▲ 1.5%
2024 · €409,319
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 82% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Operating result€0.006m
2025
Net result€0.006m
2025
Assets, equity and debt per financial year.
Total assets€0.5m
2025
Equity€0.4m
2025
Debt€0.06m
2025
Above zero, the company can pay its short-term debts with what it holds in the short term.
Working capital€0.4m
2025
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Return on assets (ROA)1.3%
2025
The higher the solvency, the better the company absorbs a setback.
Solvency88.1%
2025
A ratio above 1 means the short-term assets cover the short-term debts.
Current ratio8.39
2025
Average staff per financial year, in full-time equivalents (FTE).
Staff (FTE)2
2025
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.2m▲ 39.7%€0.4m▲ 153%€0.1m▼ 75.6%-€0.3m-€0.1m▲ 59.9%€0.04m€0.006m▼ 81.9%
Net result€0.08m-€0.07m▼ 10.7%€0.06mabove the sector's middle half▼ 25.7%€0.08mwithin the sector's middle half▲ 51.3%-€0.3mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 53.2%€0.03mwithin the sector's middle half€0.006mwithin the sector's middle half▼ 80.9%
Equity€0.3m-€0.4m▲ 45.4%€0.7mabove the sector's middle half▲ 71.1%€0.8mwithin the sector's middle half▲ 11.5%€0.5mwithin the sector's middle half▼ 36.5%€0.4mwithin the sector's middle half▼ 26.9%€0.4mwithin the sector's middle half▲ 8.3%€0.4mwithin the sector's middle half▲ 1.5%
Total assets€0.9m-€1.2m▲ 37.8%€1.1mabove the sector's middle half▼ 8.6%€1.2mwithin the sector's middle half▲ 10.3%€0.7mwithin the sector's middle half▼ 40.5%€0.5mwithin the sector's middle half▼ 31.4%€0.6mwithin the sector's middle half▲ 18.9%€0.5mwithin the sector's middle half▼ 20.0%
Debt€0.6m-€0.8m▲ 33.9%€0.4m▼ 52.2%€0.4m▲ 8.0%€0.2m▼ 48.7%€0.1m▼ 42.8%€0.2m▲ 52.8%€0.06m▼ 68.8%
Working capital€0.3m-€0.4m▲ 41.2%€0.7mabove the sector's middle half▲ 76.8%€0.9mabove the sector's middle half▲ 32.5%€0.5mwithin the sector's middle half▼ 41.8%€0.4mwithin the sector's middle half▼ 29.9%€0.4mwithin the sector's middle half▲ 10.1%€0.4mabove the sector's middle half▲ 1.5%
Solvency33.5%-35.4%▲ 1.9pp66.3%within the sector's middle half▲ 30.9pp67.0%above the sector's middle half▲ 0.7pp71.5%above the sector's middle half▲ 4.6pp76.2%above the sector's middle half▲ 4.7pp69.5%above the sector's middle half▼ 6.8pp88.1%above the sector's middle half▲ 18.6pp
Current ratio1.50-1.51▲ 0.012.87within the sector's middle half▲ 1.364.30above the sector's middle half▲ 1.433.93above the sector's middle half▼ 0.374.15above the sector's middle half▲ 0.223.30above the sector's middle half▼ 0.858.39above the sector's middle half▲ 5.10
Return on assets (ROA)9.6%-6.2%▼ 3.4pp5.0%within the sector's middle half▼ 1.2pp6.9%within the sector's middle half▲ 1.9pp-41.1%below the sector's middle half▼ 48.0pp-28.0%below the sector's middle half▲ 13.1pp5.3%within the sector's middle half▲ 33.3pp1.3%within the sector's middle half▼ 4.1pp
Staff (FTE)2.3above the sector's middle half3within the sector's middle half2within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Staff figure correction
- 2025 The accounts state 146,778 FTE. That amounts to under EUR 100 of staff costs per FTE. The figure shown is 2 FTE (source: social balance report).
- 2023 The accounts state 192,955 FTE. That amounts to under EUR 100 of staff costs per FTE. The figure shown is 3 FTE (source: social balance report).
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €472,531
Fixed assets
€801 ▼ 75.2%
Current assets
€471,730 ▼ 19.7%
Equity and liabilities €472,531
Equity
€416,328 ▲ 1.5%
Debt
€56,203 ▼ 68.8%
Debt's share of the balance-sheet total falls from 30.5% to 11.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8,765▼
2024 · €38,710
Cash flow
€8,458▼
2024 · €35,157
Quick ratio
8.15▲
2024 · 3.10
Debt to equity
0.13▼
2024 · 0.44
ROE
1.4%▼
2024 · 7.7%
Interest coverage
28.55▼
2024 · 70.00
Debt ≤ 1 year
€56,203▼
2024 · €178,137
Staff costs
€146,778▼
2024 · €156,936
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Companies with the same profile, two years later
Historical observationIn July 2024, 17,041 companies had the same profile as TELCOM has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94.4%
was still going
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TELCOM itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for TELCOM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €120,725 | €161,331 | €192,955 | €156,936 | €146,778 | ▼ 6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,182 | €19,504 | €18,484 | €17,926 | - | €9,055 | €3,623 | €2,430 | ▼ 32.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €8,775 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,468 | €1,348 | €988 | €405 | €408 | ▲ 0.7% |
| Gross operating margin9900 | €171,366 | €252,859 | €531,537 | €247,794 | -€141,837 | €77,397 | €196,051 | €155,951 | ▼ 20.5% |
| Operating profit (loss)9901 | €124,892 | €174,497 | €441,103 | €107,675 | -€313,291 | -€125,601 | €35,087 | €6,335 | ▼ 81.9% |
| Financial income75/76B | - | - | - | - | €12,396 | €3,502 | - | - | - |
| Recurring financial income75 | €17 | €1,204 | €3,806 | - | €12,396 | €3,502 | - | - | - |
| Financial charges65/66B | - | - | - | €3,665 | €2,403 | €16,999 | €553 | €307 | ▼ 44.5% |
| Recurring financial charges65 | €860 | €1,072 | €762 | €3,665 | €2,403 | €1,086 | €553 | €307 | ▼ 44.5% |
| Non-recurring financial charges66B | - | - | - | - | - | €15,913 | - | - | - |
| Profit (loss) for the period before taxes9903 | €124,049 | €174,629 | €444,147 | €104,010 | -€303,298 | -€139,098 | €34,534 | €6,028 | ▼ 82.5% |
| Income taxes67/77 | €40,347 | €53,618 | €140,232 | €20,000 | -€6,013 | €1 | €3,000 | - | - |
| Profit (loss) for the period9904 | €83,702 | €74,731 | €55,525 | €84,010 | -€297,285 | -€139,099 | €31,534 | €6,028 | ▼ 80.9% |
| Profit (loss) for the period to be appropriated9905 | €83,702 | €74,731 | €55,525 | €84,010 | -€297,285 | -€139,099 | €31,534 | €6,028 | ▼ 80.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.9m | €1.2m | €1.1m | €1.2m | €0.7m | €0.5m | €0.6m | €0.5m | ▼ 20.0% |
| Fixed assets21/28 | €0.04m | €0.05m | €0.05m | €0.03m | €0.01m | €0.007m | €0.003m | €0.001m | ▼ 75.2% |
| Intangible fixed assets21 | €0.003m | €0.02m | €0.02m | €0.01m | €0.006m | - | - | - | - |
| Tangible fixed assets22/27 | €0.04m | €0.03m | €0.03m | €0.02m | €0.007m | €0.007m | €0.003m | €0.001m | ▼ 78.2% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.007m | €0.007m | €0.003m | €0.001m | ▼ 78.2% |
| Financial fixed assets28 | €124 | €124 | €124 | €124 | €124 | €124 | €124 | €124 | = |
| Current assets29/58 | €0.8m | €1.2m | €1.1m | €1.2m | €0.7m | €0.5m | €0.6m | €0.5m | ▼ 19.7% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €0.04m | €0.01m | ▼ 61.6% |
| Contracts in progress37 | - | - | - | - | - | - | €0.04m | €0.01m | ▼ 61.6% |
| Amounts receivable within one year40/41 | €0.8m | €1.0m | €0.7m | €0.9m | €0.5m | €0.4m | €0.5m | €0.4m | ▼ 26.4% |
| Trade receivables40 | - | - | - | €0.7m | €0.4m | €0.4m | €0.2m | €0.2m | ▼ 21.3% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.08m | €0.006m | €0.2m | €0.2m | ▼ 31.4% |
| Cash at bank and in hand54/58 | €0.08m | €0.1m | €0.3m | €0.3m | €0.1m | €0.001m | €0.004m | €0.04m | ▲ 992% |
| Deferred charges and accrued income490/1 | - | - | - | €0.07m | €0.08m | €0.06m | €0.06m | €0.06m | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.9m | €1.2m | €1.1m | €1.2m | €0.7m | €0.5m | €0.6m | €0.5m | ▼ 20.0% |
| Equity10/15 | €0.3m | €0.4m | €0.7m | €0.8m | €0.5m | €0.4m | €0.4m | €0.4m | ▲ 1.5% |
| Contributions10/11 | €0.006m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Issued capital100 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | €0.02m | - | - | - |
| Share premium1100/10 | - | - | - | - | - | €0.02m | - | - | - |
| Reserves13 | €0.03m | €0.2m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Legal reserve130 | - | - | - | €0.003m | €0.003m | €0.003m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | - | €0.003m | €0.003m | = |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €0.3m | €0.2m | €0.2m | €0.3m | €0.05m | -€0.09m | -€0.09m | -€0.09m | ▲ 6.6% |
| Amounts payable17/49 | €0.6m | €0.8m | €0.4m | €0.4m | €0.2m | €0.1m | €0.2m | €0.06m | ▼ 68.8% |
| Amounts payable after more than one year17 | €0.03m | €0.02m | €0.005m | €0.1m | €0.03m | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.1m | €0.03m | - | - | - | - |
| Amounts payable within one year42/48 | €0.6m | €0.8m | €0.4m | €0.3m | €0.2m | €0.1m | €0.2m | €0.06m | ▼ 68.4% |
| Financial debts43 | - | - | - | €0.1m | €0.1m | €0.03m | - | - | - |
| Credit institutions430/8 | - | - | - | €0.1m | €0.1m | €0.03m | - | - | - |
| Trade debts44 | €0.5m | €0.7m | €0.3m | €0.04m | €0.05m | €0.04m | €0.1m | €0.04m | ▼ 68.9% |
| Suppliers440/4 | - | - | - | €0.04m | €0.05m | €0.04m | €0.1m | €0.04m | ▼ 68.9% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €200 | - |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.01m | €0.02m | €0.02m | €0.01m | ▼ 41.3% |
| Taxes450/3 | - | - | - | €0.02m | - | €0.02m | €0.003m | €0.003m | = |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.01m | - | €0.02m | €0.01m | ▼ 47.5% |
| Other amounts payable47/48 | - | - | - | €0.09m | €0.02m | €0.03m | €0.02m | €240 | ▼ 98.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.002m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83,702 | €74,731 | €55,525 | €84,010 | -€297,285 | -€139,099 | €31,534 | €6,028 | ▼ 80.9% |
| + Depreciation and write-downs630 | €14,182 | €19,504 | €18,484 | €17,926 | - | €9,055 | €3,623 | €2,430 | ▼ 32.9% |
| Operating cash flow (approximation) | €97,884 | €94,235 | €74,009 | €101,936 | -€297,285 | -€130,044 | €35,157 | €8,458 | ▼ 75.9% |
| Investment in fixed assets (approximation) | - | -€29,234 | -€12,001 | -€1 | €16,965 | -€3,047 | €0 | €0 | - |
| Change in cash | - | €40,299 | €200,045 | -€63,578 | -€153,186 | -€97,346 | €2,144 | €34,833 | ▲ 16× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00483634 | NBB |
| 31-12-2024 | full format | 30-08-2025 | 2025-00478632 | |
| 31-12-2023 | full format | 26-08-2024 | 2024-00375645 | |
| 31-12-2022 | full format | 01-09-2023 | 2023-00418017 | |
| 31-12-2021 | full format | 12-10-2022 | 2022-20459610 | |
| 31-12-2020 | micro format | 10-09-2021 | 2021-67000034 | |
| 31-12-2019 | micro format | 18-09-2020 | 2020-54200262 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-58700284 | |
| 31-12-2017 | micro format | 23-08-2018 | 2018-49900422 | |
| 31-12-2016 | micro format | 25-08-2017 | 2017-49500542 |
Comparable companies
These companies have the same main activity as TELCOM: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €432,000 and €808,000, founded between 1985 and 2004.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| TELCOM Ukkel | 1993 | €472,531 | €416,328 | €155,951 | €6,028 | 2 | 2025 |
| FLOW TRANSFER INTERNATIONAL Ukkel | 1985 | €638,402 | €576,778 | €129,638 | -€7,475 | 1.7 | 2025 |
| METRODIM Herstal | 1997 | €432,498 | €106,676 | €154,208 | €15,300 | 2.8 | 2025 |
| S.K. IMMO TECHNIC Jalhay | 2002 | €516,713 | €500,165 | €132,555 | -€17,476 | 1.5 | 2025 |
| DONNÉ VERZEKERINGEN Hasselt | 1990 | €533,734 | €179,930 | €202,446 | €193,608 | 1 | 2025 |
| ForestForward Brugge | 1987 | €529,033 | €353,946 | €151,224 | €112,065 | 0.8 | 2025 |
| PFC ENGINEERING Ukkel | 2004 | €807,621 | €90,295 | €230,308 | €17,811 | 1.6 | 2025 |
They were chosen from the 6,768 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2024
DAHDOUH Mustapha
Current
Director (not named in the articles) · appointed in the act of 08-01-2024
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DAHDOUH Mustapha |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 2 provisions in the deed
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Prévues pour les modifications aux statuts, assemblée générale”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Pour quelque cause et à quelque moment que ce soit, administrateur(s) en fonction désignés comme liquidateur(s) en vertu des statuts si…”
Articles of association, deed of 08-01-2024
Owners and capital
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 08-01-2024 ↗
- DAHDOUH Mustapha 700 shares
- BEN AYAD Myriam 50 shares
Capital over time
- 08-01-2024 Converted to unavailable equity
Shares according to the articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
- “Convocation et quorums modification statuts et objet, actions présentes ou représentées au moins moitié capital social”“Actionnaire unique-administrateur, au fur et à mesure des besoins de la sociét锓Droit au débiteur-gagiste, par préférence aux actionnaires existants”“Indivisibilité des titres, indivisibles”“Seul ou conjointement fixé par organe, Gestion journalière”“Trois ans, Contrôle de la sociét锓Admission à l'assemblée générale et exercice du droit de vote, si seul le droit de vote est suspendu peut participer sans voter”“Séances-procès-verbaux, désigné par le président,peut ne pas être actionnaire”“Séance tenante, prorogation de l'assemblée générale”“Bénéfice annuel net, répartition-réserves”“Paiement des dividendes et acomptes sur dividendes, réduit de la perte reportée ou majoré du bénéfice reporté”Liquidation distribution: “Actif net réparti entre tous les actionnaires en proportion de leurs actions, biens conservés remis pour être partagés dans la même…”“Élection de domicile, sauf autre domicile élu en Belgique vis-à-vis de la sociét锓Litige entre société,actionnaires,gérants,commissaires et liquidateurs relatifs aux affaires et exécution des statuts, compétence judiciaire”“Droit commun, censées non écrites si contraires aux dispositions impératives du Code des sociétés et des associations”3 more provisions in the deed, see the deed of 08-01-2024
Articles of association, deed of 08-01-2024 (in French)
Group and network
Connections & network
1 current directorThe network starts from the directors of TELCOM. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-08
financial year 2025 · abbreviated format · 31 days late
2025
31-12
Financial
Liquidity more than doubledcurrent ratio 8.39
The current ratio rises from 3.30 to 8.39. Short-term debt falls from €178,137 to €56,203.
30-08
financial year 2024 · full format · 30 days late
2024
31-12
Financial
Back to profitnet €31,534
The net result is €31,534, after 2 loss-making years.
26-08
financial year 2023 · full format · 26 days late
08-01
Gazette deed
Resignation: DAHDOUH Mustapha (manager)Appointment: DAHDOUH Mustapha (director) · Shareholding · Capital13 points ▸
Gazette deed
Resignation: DAHDOUH Mustapha (manager)
Appointment: DAHDOUH Mustapha (director) · Shareholding · Capital13 points ▸
- General meeting, 27-12-2023
- DAHDOUH Mustapha holds 700 shares
- BEN AYAD Myriam holds 50 shares
- Capital, mentioned 2 times in the deed
- Other provision, “adapter statuts aux dispositions Code des sociétés et des associations, adaptation forme légale et capital au Code des sociétés et des associations” (deed in French)
- Other provision, “constatation validité assemblée générale, valablement composée” (deed in French)
- Other provision, “première résolution adaptation CSA et maintien SRL, article 39,§1,alinéa 1 et 3 loi 23-03-2019” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression, fonds disponibles pour distribution” (deed in French)
- Amendment of the articles
- Director resignation, DAHDOUH Mustapha (manager)
- Director appointment, DAHDOUH Mustapha (director (not named in the articles))
- The act holds 1 more point.
2023
01-09
financial year 2022 · full format · 32 days late
2022
31-12
Financial
Weakest financial yearnet -€297,285
The net result drops to -€297,285, the lowest from 2018 to 2025. It recovers the following year.
12-10
financial year 2021 · full format · 73 days late
2021
31-12
Financial
Highest result from 2018 to 2025net €84,010 ▲51.3%
The net result of €84,010 is the highest of those years.
10-09
financial year 2020 · micro format · 41 days late
2020
31-12
Financial
Equity above €500,000equity €731,139 ▲71.1%
With a profit in every financial year since 2018, equity grows to €731,139.
Show earlier events
18-09
financial year 2019 · micro format · 49 days late
2019
29-08
financial year 2018 · micro format · 29 days late
2018
23-08
financial year 2017 · micro format · 23 days late
2017
25-08
financial year 2016 · micro format · 25 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordName
TELCOM in French
Enterprise number
0450.612.807
Legal form
Private limited company
Status
Active, normale toestand
Founded
26-07-1993
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-01-2024 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, établir sièges administratifs,agences,ateliers,dépôts et succursales Belgique et étranger par simple décision…”
deed of 08-01-2024 (in French)Registered office and establishments
Registered office
Merlostraat 6A, 1180 Ukkel, Belgium
Establishments
2 establishment units since 1993
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 08-01-2024 (in French)
“L’achat,la vente,l’importation,l’exportation,la location,l’installation de tout matériel qui concerne…”
3 activities
- L’achat,la vente,l’importation,l’exportation,la location,l’installation de tout matériel qui concerne l’électricité,l’électronique,l’informatique,le développement de programme software.
- Le câblage,l’étude en télécommunication,en sécurité et alarme.
- L’achat,la vente,l’importation,l’exportation en gros et/ou en détail de toutes marchandises en tous genres et de produits alimentaires.
Invoicing and payment
VAT number
BE 0450.612.807
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 18:00
deed of 08-01-2024 (in French)The scores and ratios are Checked's own calculations, not a credit decision.
Sites & property
Location
2 establishment units
MY MUST
since 1993unit number 2.063.114.972
-
since 2011unit number 2.201.371.052
Buildings and parcels at the addresses
Ground area
1.0 ha
Building footprint
1,003 m²
Building volume
34,867 m³
2 parcels, Brussels, Wallonia · tallest building 41.5 m.
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21616G0029/00Z000 | Brussels | 9,889 m² | 1 · 904 m² | 41.5 m · 12 |
| 53020B0637/00P000 | Wallonia | 190 m² | 1 · 99 m² | 11.3 m · 3 |