Telcotech
The file of Telcotech contains 2 judicial reorganisations and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2021 annual accounts show equity of €27k and a net result of €6k. Equity is growing by ~23.6% per year across the filed fiscal years.
| Equity | €27k |
| Net result | €6k |
| Staff (FTE) | 23 |
| Active | 20 yrs |
Mixed profile: strong on profitability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2021 |
|---|---|
| Revenue | - |
| EBITDA | €49k |
| Net profit | €6k |
| Cash flow | €20k |
| Staff costs | €981k |
| Income taxes | €18k |
| Dividends | - |
| Total assets | €603k |
| Equity | €27k |
| Debt | €576k |
| of which ≤ 1y | €576k |
| of which > 1y | - |
| Working capital | €-15k |
| Employees (FTE) | 23.0 |
| 2021 | |
|---|---|
| Current ratio | 0.97 |
| Quick ratio | 0.97 |
| Working capital ratio | -2.4% |
| Solvency | 4.5% |
| Debt / equity | 21.06 |
| Long-term debt ratio | - |
| Interest coverage | 4.30 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.9% |
| ROE | 20.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €603k |
| Fixed assets | 21/28 | €42k |
| Tangible fixed assets | 22/27 | €42k |
| Current assets | 29/58 | €561k |
| Amounts receivable within one year | 40/41 | €560k |
| Cash & bank | 54/58 | €968 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €603k |
| Equity | 10/15 | €27k |
| Contributions / capital | 10/11 | €11k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €15k |
| Amounts payable | 17/49 | €576k |
| Amounts payable within one year | 42/48 | €576k |
| Trade debts payable within one year | 44 | €88k |
| Income statement | ||
| Gross operating margin | 9900 | €1.03M |
| Operating result | 9901 | €35k |
| Financial charges | 65 | €11k |
| Result before taxes | 9903 | €23k |
| Income taxes | 67/77 | €18k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 11-01-2006 |
| Status | Active |
| Postal code | - |
| First BS signal | 25-03-2024 |
| Latest BS signal | 02-07-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0773/00T004 | Flanders | 3,899 m² | 1 · 4,663 m² | 19.3 m · 2 fl. |
| 21808H0901/00N000 | Brussels | 2,342 m² | 1 · 1,841 m² | 42.2 m · 12 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-10-2024 Registered office moved from Opwijk to Brussel
- Kattestraat 20, 1745 Opwijk → Wolstraat 70, 1000 Brussel
Technical details
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"events": [
{
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"new_address": {
"raw": "Wolstraat 70, 1000 Brussel",
"city": "Brussel",
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"street": "Wolstraat",
"country": "BE",
"postcode": "1000",
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"street_number": "70",
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},
"old_address": {
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"city": "Opwijk",
"region": "vlaams_gewest",
"street": "Kattestraat",
"country": "BE",
"postcode": "1745",
"box_number": null,
"street_number": "20",
"locality_suffix": null
},
"effective_date": "2024-07-23",
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
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"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
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}
],
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"act_meta": {
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"pub_date": "2024-10-11",
"filing_date": "2024-10-03",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": null,
"unanimous": null
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"subject_company": {
"kbo": "0878.594.425",
"name_full": "TELCOTECH",
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"org_name": null,
"person_name": "Ilse Van de Mierop",
"org_rep_person_name": null,
"person_role_at_subject": "Vereffenaar"
},
"co_filed_documents": []
}26-08-2024 Closure of the liquidation
Technical details
{
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"act_kind_objet": "Uittreksel vonnis"
},
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"act_date": "2024-05-29",
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},
"end_event": {
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"art_wvv": [],
"sub_type": "closure_only",
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"dissolution_effective_date": null,
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"dissolution_effective_date_is_approximate": false
},
"liquidator": {
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"org_kbo": null,
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"person_rrn": null,
"is_judicial": true,
"person_name": "Ilse Van de Mierop",
"is_remunerated": null,
"person_address": null,
"person_birth_place": null
},
"silent_merger": null,
"court_division": {
"name": "Ondernemingsrechtbank Brussel",
"language": "nl",
"tribunal_type": "entreprise"
},
"books_custodian": null,
"subject_company": {
"kbo": "0878.594.425",
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"legal_form": "BV"
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"closure_mandatary": null,
"prior_opening_ref": null,
"publication_proxy": {
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},
"co_filed_documents": [
"ontwerp van overname-overeenkomst"
],
"real_estate_transferred": [],
"shareholder_loan_settled": null,
"financials_at_dissolution": null,
"distribution_to_shareholders": null
}31-03-2023 De Spreekbuis resigns as director
- De Spreekbuis, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "De Spreekbuis",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "vrijwillig",
"subkind": "regular",
"via_org": {
"kbo": null,
"name": "De Spreekbuis BV",
"address": null,
"country": null,
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": "2023-01-09",
"evidence_quote": "Uit een schrijven van 7 november 2022 blijkt het vrijwillig ontslag van De Spreekbuis BV, vast\nvertegenwoordigd door de heer Pedro Vermeersch, als bestuurder van de vennootschap, met ingang vanaf 9\njanuari 2023.",
"decharge_status": null,
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}
],
"notary": {
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"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
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"pub_date": "2023-03-31",
"filing_date": "2023-03-23",
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},
"decisions": [
{
"body": "enig_aandeelhouder_schriftelijk",
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}
],
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},
"co_filed_documents": [
"-31/03/2023-Annexes du Moniteur belge"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Telcotech |
| Trade nameNL | Telcotech |
- 23-11-2025 Address struck