TELEBO
ActiveSummary
The computed 12-month bankruptcy probability of TELEBO is 1.8% (moderate). The 2025 annual accounts show equity of €20,478 and a net result of €19,596. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 2220 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+23
Solvency47▲+21
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.91 in 2024; short-term debt: 59.7% and cash: 10.3% of total assets), and 78.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.6%
Return on assets
20.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 d early
2024
12 d early
2023
1 d early
2022
16 d early
2021
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 14 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 18 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, abbreviated schema
Equity
€20,478▲ 2,220%
2024 · €883
Total assets
€94,769▲ 7.8%
2024 · €87,905
Net result
€19,596▲ 700%
2024 · €2,450
Working capital
-€18,718▼ 221%
2024 · -€5,824
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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€16,889--€7,422-€8,719▼ 17.5%€3,922€27,495▲ 601%
Net result€12,598within the sector's middle half--€8,766below the sector's middle half-€10,399below the sector's middle half▼ 18.6%€2,450within the sector's middle half€19,596within the sector's middle half▲ 700%
Equity€17,598within the sector's middle half-€8,832below the sector's middle half▼ 49.8%-€1,567below the sector's middle half€883below the sector's middle half€20,478below the sector's middle half▲ 2,220%
Total assets€84,237within the sector's middle half-€87,069below the sector's middle half▲ 3.4%€85,297below the sector's middle half▼ 2.0%€87,905below the sector's middle half▲ 3.1%€94,769below the sector's middle half▲ 7.8%
Debt€66,639-€78,237▲ 17.4%€86,864▲ 11.0%€87,022▲ 0.2%€64,377▼ 26.0%
Working capital-€18,151below the sector's middle half--€23,090below the sector's middle half▼ 27.2%-€6,425below the sector's middle half▲ 72.2%-€5,824below the sector's middle half▲ 9.3%-€18,718below the sector's middle half▼ 221%
Solvency20.9%within the sector's middle half-10.1%below the sector's middle half▼ 10.7pp-1.8%below the sector's middle half▼ 12.0pp1.0%below the sector's middle half▲ 2.8pp21.6%within the sector's middle half▲ 20.6pp
Current ratio0.50below the sector's middle half-0.33below the sector's middle half▼ 0.160.88below the sector's middle half▲ 0.550.91below the sector's middle half▲ 0.030.67below the sector's middle half▼ 0.24
Return on assets (ROA)15.0%within the sector's middle half--10.1%below the sector's middle half▼ 25.0pp-12.2%below the sector's middle half▼ 2.1pp2.8%within the sector's middle half▲ 15.0pp20.7%above the sector's middle half▲ 17.9pp
Staff (FTE)1-1below the sector's middle half=1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 601% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94,769
Fixed assets
€56,925 ▲ 105%
Current assets
€37,844 ▼ 37.1%
Equity and liabilities €94,769
Equity
€20,478 ▲ 2,220%
Provisions
€9,914
Debt
€64,377 ▼ 26.0%
Debt's share of the balance-sheet total falls from 99.0% to 67.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47,853▲
2024 · €22,349
Cash flow
€39,954▲
2024 · €20,877
Debt to equity
3.14
ROE
95.7%
Interest coverage
39.66▲
2024 · 14.02
Debt ≤ 1 year
€56,563▼
2024 · €65,990
Debt > 1 year
€7,365▼
2024 · €20,038
Income taxes
€7,093
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
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 1.8% 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 6,713 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €364 | €1,226 | - | - | - |
| Remuneration, social security and pensions62 | €73,518 | €64,397 | €17,178 | €646 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,657 | €17,792 | €14,558 | €18,427 | €20,358 | ▲ 10.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €9,914 | - |
| Other operating charges640/8 | €1,512 | €1,647 | €1,230 | €407 | €1,580 | ▲ 288% |
| Non-recurring operating charges66A | - | €4,036 | - | - | €2,284 | - |
| Gross operating margin9900 | €101,576 | €80,450 | €24,246 | €23,402 | €61,631 | ▲ 163% |
| Operating profit (loss)9901 | €16,889 | -€7,422 | -€8,719 | €3,922 | €27,495 | ▲ 601% |
| Financial income75/76B | €532 | €675 | €23 | €122 | €400 | ▲ 228% |
| Recurring financial income75 | €532 | €675 | €23 | €122 | €400 | ▲ 228% |
| Financial charges65/66B | €1,837 | €2,019 | €1,703 | €1,594 | €1,207 | ▼ 24.3% |
| Recurring financial charges65 | €1,837 | €2,019 | €1,703 | €1,594 | €1,207 | ▼ 24.3% |
| Profit (loss) for the period before taxes9903 | €15,585 | -€8,766 | -€10,399 | €2,450 | €26,689 | ▲ 989% |
| Income taxes67/77 | €2,987 | - | - | - | €7,093 | - |
| Profit (loss) for the period9904 | €12,598 | -€8,766 | -€10,399 | €2,450 | €19,596 | ▲ 700% |
| Profit (loss) for the period to be appropriated9905 | €12,598 | -€8,766 | -€10,399 | €2,450 | €19,596 | ▲ 700% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84,237 | €87,069 | €85,297 | €87,905 | €94,769 | ▲ 7.8% |
| Fixed assets21/28 | €66,385 | €75,502 | €36,416 | €27,739 | €56,925 | ▲ 105% |
| Tangible fixed assets22/27 | €66,385 | €75,367 | €36,416 | €27,739 | €54,480 | ▲ 96.4% |
| Land and buildings22 | €1,360 | - | - | - | - | - |
| Plant, machinery and equipment23 | €14,110 | €5,415 | €4,421 | €3,427 | €20,002 | ▲ 484% |
| Furniture and vehicles24 | €50,915 | €69,952 | €31,995 | €24,312 | €34,478 | ▲ 41.8% |
| Financial fixed assets28 | - | €135 | - | - | €2,445 | - |
| Current assets29/58 | €17,852 | €11,567 | €48,881 | €60,166 | €37,844 | ▼ 37.1% |
| Stocks and contracts in progress3 | - | - | €6,430 | €8,325 | - | - |
| Stocks30/36 | - | - | €6,430 | €8,325 | - | - |
| Amounts receivable within one year40/41 | €4,406 | €8,135 | €21,539 | €51,841 | €27,533 | ▼ 46.9% |
| Trade receivables40 | - | €2,707 | €21,539 | €51,357 | €17,247 | ▼ 66.4% |
| Other amounts receivable41 | €4,406 | €5,428 | - | €484 | €10,286 | ▲ 2,026% |
| Cash at bank and in hand54/58 | €11,572 | - | €20,912 | - | €9,767 | - |
| Deferred charges and accrued income490/1 | €1,874 | €3,432 | - | - | €545 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84,237 | €87,069 | €85,297 | €87,905 | €94,769 | ▲ 7.8% |
| Equity10/15 | €17,598 | €8,832 | -€1,567 | €883 | €20,478 | ▲ 2,220% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | - | - | - | €15,478 | - |
| Distributable reserves133 | - | - | - | - | €15,478 | - |
| Profit (loss) carried forward14 | €12,598 | €3,832 | -€6,567 | -€4,117 | - | - |
| Provisions and deferred taxes16 | - | - | - | - | €9,914 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €9,914 | - |
| Other liabilities and charges164/5 | - | - | - | - | €9,914 | - |
| Amounts payable17/49 | €66,639 | €78,237 | €86,864 | €87,022 | €64,377 | ▼ 26.0% |
| Amounts payable after more than one year17 | €30,636 | €43,286 | €30,888 | €20,038 | €7,365 | ▼ 63.2% |
| Financial debts170/4 | €30,636 | €43,286 | €30,888 | €15,762 | €7,365 | ▼ 53.3% |
| Other amounts payable178/9 | - | - | - | €4,276 | - | - |
| Amounts payable within one year42/48 | €36,003 | €34,657 | €55,305 | €65,990 | €56,563 | ▼ 14.3% |
| Current portion of amounts payable after more than one year42 | €10,174 | €17,055 | €17,398 | €15,126 | €8,398 | ▼ 44.5% |
| Financial debts43 | - | €2,954 | - | €4,888 | - | - |
| Credit institutions430/8 | - | €2,954 | - | €4,888 | - | - |
| Trade debts44 | €16,581 | €12,866 | €18,719 | €45,530 | €41,072 | ▼ 9.8% |
| Suppliers440/4 | €16,581 | €12,866 | €18,719 | €45,530 | €41,072 | ▼ 9.8% |
| Taxes, remuneration and social security45 | €9,160 | €1,782 | €4,795 | €405 | €7,093 | ▲ 1,651% |
| Taxes450/3 | €7,673 | - | €4,795 | €405 | €7,093 | ▲ 1,651% |
| Remuneration and social security454/9 | €1,487 | €1,782 | - | - | - | - |
| Other amounts payable47/48 | €88 | - | €14,394 | €41 | - | - |
| Accrued charges and deferred income492/3 | - | €294 | €671 | €994 | €450 | ▼ 54.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,598 | -€8,766 | -€10,399 | €2,450 | €19,596 | ▲ 700% |
| + Depreciation and write-downs630 | €9,657 | €17,792 | €14,558 | €18,427 | €20,358 | ▲ 10.5% |
| Operating cash flow (approximation) | €22,255 | €9,026 | €4,158 | €20,877 | €39,954 | ▲ 91.4% |
| Investment in fixed assets (approximation) | - | -€26,909 | €24,529 | -€9,750 | -€49,545 | ▼ 408% |
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
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2021net €19,596 ▲700%
Operating result €27,495, net result €19,596, both a record.
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €2,450
Net result €2,450 after 2 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet -€10,399
Net result drops to -€10,399, the lowest in the series; recovery starts the following year.
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Waregem · 1 establishment unit since 2020
Ground area
644 m²
Building footprint
93 m²
Volume, LiDAR
757 m³
Parcel 34035A0163/00M000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TELEBO
since 20202.300.835.842
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34035A0163/00M000 | Flanders | 644 m² | 1 · 93 m² | 10.4 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 1,223 EUR awarded · 1,223 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 290 EUR | 290 EUR |
| 2023 | 1 | 933 EUR | 933 EUR |
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 11,599 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
Founded02-04-2020
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0745794002
Also
9925:BE0745794002
Registered
01-09-2025
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.