TELELINK
ActiveSummary
TELELINK has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €827k and a net result of €13k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 70% of 401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-37
Solvency82▲+29
Growth43▼-18
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.8 in 2024; short-term debt: 31.2% and cash: 3.9% of total assets), and 43.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
56.7%
Return on assets
0.9%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
20 d early
2023
39 d early
2022
61 d early
2021
60 d early
2020
59 d early
2019
36 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.48M▼ 9.9%
2024 · €1.64M
2018: €1.83Mhighest in 8 years
2019: €1.71M▼ -6.3% vs 2018
2020: €1.52M▼ -11.4% vs 2019
2021: €1.36M▼ -10.4% vs 2020lowest in 8 years
2022: €1.42M▲ +4.3% vs 2021
2023: €1.71M▲ +20.5% vs 2022
2024: €1.64M▼ -4.2% vs 2023
2025: €1.48M▼ -9.9% vs 2024
2018 → 2025
EBIT margin
3.3%▼ 10.8pp
2024 · 14.1%
2018: 8.0%
2019: 7.7%▼ -3.5% vs 2018
2020: 10.4%▲ +34.7% vs 2019
2021: 6.8%▼ -34.8% vs 2020
2022: 7.1%▲ +4.2% vs 2021
2023: 10.9%▲ +54.3% vs 2022
2024: 14.1%▲ +30.0% vs 2023highest in 8 years
2025: 3.3%▼ -76.4% vs 2024lowest in 8 years
2018 → 2025
Net result
€13k▼ 93.2%
2024 · €192k
2018: €120k
2019: €103k▼ -14.3% vs 2018
2020: €120k▲ +16.2% vs 2019
2021: €62k▼ -48.0% vs 2020
2022: €71k▲ +13.7% vs 2021
2023: €142k▲ +101% vs 2022
2024: €192k▲ +35.1% vs 2023highest in 8 years
2025: €13k▼ -93.2% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-110k▼ 9.7%
2024 · €-100k
2018: €145khighest in 8 years
2019: €-28k▼ -119% vs 2018
2020: €-96k▼ -245% vs 2019
2021: €-108k▼ -12.3% vs 2020
2022: €-107k▲ +1.2% vs 2021
2023: €-91k▲ +14.7% vs 2022
2024: €-100k▼ -9.9% vs 2023
2025: €-110k▼ -9.7% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.36M-€1.42M▲ 4.3%€1.71M▲ 20.5%€1.64M▼ 4.2%€1.48M▼ 9.9%
2021: €1.36Mlowest in 5 years
2022: €1.42M▲ +4.3% vs 2021
2023: €1.71M▲ +20.5% vs 2022highest in 5 years
2024: €1.64M▼ -4.2% vs 2023
2025: €1.48M▼ -9.9% vs 2024
Equity€209k-€229k▲ 9.9%€251k▲ 9.7%€294k▲ 16.7%€827k▲ 182%
2021: €209klowest in 5 years
2022: €229k▲ +9.9% vs 2021
2023: €251k▲ +9.7% vs 2022
2024: €294k▲ +16.7% vs 2023
2025: €827k▲ +182% vs 2024highest in 5 years
Operating result€92k-€100k▲ 8.8%€186k▲ 85.9%€232k▲ 24.5%€49k▼ 78.7%
2021: €92k
2022: €100k▲ +8.8% vs 2021
2023: €186k▲ +85.9% vs 2022
2024: €232k▲ +24.5% vs 2023highest in 5 years
2025: €49k▼ -78.7% vs 2024lowest in 5 years
Net result€62k-€71k▲ 13.7%€142k▲ 101%€192k▲ 35.1%€13k▼ 93.2%
2021: €62k
2022: €71k▲ +13.7% vs 2021
2023: €142k▲ +101% vs 2022
2024: €192k▲ +35.1% vs 2023highest in 5 years
2025: €13k▼ -93.2% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.46M
Fixed assets
€1.11M ▲ 73.5%
Current assets
€345k ▼ 13.3%
Equity and liabilities €1.46M
Equity
€827k ▲ 182%
Debt
€632k ▼ 15.3%
Debt's share of the balance-sheet total falls from 71.8% to 43.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€100k▼
2024 · €292k
Cash flow
€64k▼
2024 · €252k
Current ratio
0.76▼
2024 · 0.80
Debt to equity
0.77▼
2024 · 2.54
ROE
1.6%▼
2024 · 65.4%
ROA
0.9%▼
2024 · 18.5%
Interest coverage
4.74▼
2024 · 13.89
Debt ≤ 1 year
€455k▼
2024 · €498k
Debt > 1 year
€175k▼
2024 · €248k
Income taxes
€15k▼
2024 · €19k
Staff costs
€415k▲
2024 · €391k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.04M€1.46M▲
Fixed assets21/28€642k€1.11M▲
Tangible fixed assets22/27€601k€1.07M▲
Land and buildings22€552k€1.04M▲
Plant, machinery and equipment23€39k€25k▼
Furniture and vehicles24€11k€6k▼
Financial fixed assets28€40k€43k▲
Current assets29/58€398k€345k▼
Amounts receivable within one year40/41€366k€281k▼
Trade receivables40€207k€127k▼
Other amounts receivable41€159k€154k▼
Cash at bank and in hand54/58€25k€58k▲
Deferred charges and accrued income490/1€7k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.04M€1.46M▲
Equity10/15€294k€827k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12-€520k
Reserves13€232k€245k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€225k€238k▲
Amounts payable17/49€747k€632k▼
Amounts payable after more than one year17€248k€175k▼
Financial debts170/4€248k€175k▼
Amounts payable within one year42/48€498k€455k▼
Current portion of amounts payable after more than one year42€72k€73k▲
Financial debts43€158k€130k▼
Credit institutions430/8€158k€130k▼
Trade debts44€75k€196k▲
Suppliers440/4€75k€196k▲
Taxes, remuneration and social security45€43k€56k▲
Taxes450/3€22k€21k▼
Remuneration and social security454/9€21k€35k▲
Other amounts payable47/48€150k-
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Turnover70€1.64M€1.48M▼
Non-recurring operating income76A€75k€2k▼
Remuneration, social security and pensions62€391k€415k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€51k▼
Other operating charges640/8€8k€8k▲
Non-recurring operating charges66A€8k-
Gross operating margin9900€699k€524k▼
Operating profit (loss)9901€232k€49k▼
Financial income75/76B€0€3▲
Recurring financial income75€0€3▲
Financial charges65/66B€21k€21k▲
Recurring financial charges65€21k€21k▲
Profit (loss) for the period before taxes9903€211k€28k▼
Income taxes67/77€19k€15k▼
Profit (loss) for the period9904€192k€13k▼
Profit (loss) for the period to be appropriated9905€192k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€192k€13k▼
Transfer to equity691/2€42k€13k▼
To other reserves6921€42k€13k▼
Profit to be distributed694/7€150k-
Directors or managers695€150k-
Social balance
Average headcount (FTE)90876.06.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.36M | €1.42M | €1.71M | €1.64M | €1.48M | ▼ 9.9% |
| Non-recurring operating income76A | - | - | €5k | €75k | €2k | ▼ 97.8% |
| Remuneration, social security and pensions62 | - | €348k | €368k | €391k | €415k | ▲ 6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €103k | €92k | €82k | €60k | €51k | ▼ 14.9% |
| Other operating charges640/8 | - | €8k | €9k | €8k | €8k | ▲ 1.2% |
| Non-recurring operating charges66A | - | - | - | €8k | - | - |
| Gross operating margin9900 | €557k | €549k | €645k | €699k | €524k | ▼ 25.1% |
| Operating profit (loss)9901 | €92k | €100k | €186k | €232k | €49k | ▼ 78.7% |
| Financial income75/76B | - | €1 | - | €0 | €3 | ▲ 2,223% |
| Recurring financial income75 | €14 | €1 | - | €0 | €3 | ▲ 2,223% |
| Financial charges65/66B | - | €22k | €33k | €21k | €21k | ▲ 0.9% |
| Recurring financial charges65 | €25k | €22k | €33k | €21k | €21k | ▲ 0.9% |
| Profit (loss) for the period before taxes9903 | €67k | €78k | €153k | €211k | €28k | ▼ 86.6% |
| Income taxes67/77 | €5k | €7k | €11k | €19k | €15k | ▼ 19.0% |
| Profit (loss) for the period9904 | €62k | €71k | €142k | €192k | €13k | ▼ 93.2% |
| Profit (loss) for the period to be appropriated9905 | €62k | €71k | €142k | €192k | €13k | ▼ 93.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.27M | €1.25M | €1.08M | €1.04M | €1.46M | ▲ 40.3% |
| Fixed assets21/28 | €807k | €736k | €663k | €642k | €1.11M | ▲ 73.5% |
| Tangible fixed assets22/27 | €766k | €696k | €623k | €601k | €1.07M | ▲ 78.0% |
| Land and buildings22 | - | €633k | €585k | €552k | €1.04M | ▲ 88.2% |
| Plant, machinery and equipment23 | - | €18k | €11k | €39k | €25k | ▼ 35.8% |
| Furniture and vehicles24 | - | €21k | €14k | €11k | €6k | ▼ 41.0% |
| Leasing and similar rights25 | - | €24k | €12k | - | - | - |
| Financial fixed assets28 | €40k | €40k | €40k | €40k | €43k | ▲ 7.4% |
| Current assets29/58 | €461k | €510k | €416k | €398k | €345k | ▼ 13.3% |
| Stocks and contracts in progress3 | €31k | €26k | €1k | - | - | - |
| Contracts in progress37 | - | €26k | €1k | - | - | - |
| Amounts receivable within one year40/41 | €392k | €463k | €374k | €366k | €281k | ▼ 23.3% |
| Trade receivables40 | - | €310k | €218k | €207k | €127k | ▼ 38.5% |
| Other amounts receivable41 | - | €153k | €156k | €159k | €154k | ▼ 3.5% |
| Cash at bank and in hand54/58 | €34k | €14k | €36k | €25k | €58k | ▲ 133% |
| Deferred charges and accrued income490/1 | - | €7k | €4k | €7k | €7k | ▼ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.27M | €1.25M | €1.08M | €1.04M | €1.46M | ▲ 40.3% |
| Equity10/15 | €209k | €229k | €251k | €294k | €827k | ▲ 182% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Revaluation surpluses12 | - | - | - | - | €520k | - |
| Reserves13 | €147k | €167k | €190k | €232k | €245k | ▲ 5.6% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €161k | €183k | €225k | €238k | ▲ 5.8% |
| Amounts payable17/49 | €1.06M | €1.02M | €827k | €747k | €632k | ▼ 15.3% |
| Amounts payable after more than one year17 | €490k | €400k | €321k | €248k | €175k | ▼ 29.3% |
| Financial debts170/4 | - | €400k | €321k | €248k | €175k | ▼ 29.3% |
| Amounts payable within one year42/48 | €569k | €616k | €507k | €498k | €455k | ▼ 8.7% |
| Current portion of amounts payable after more than one year42 | - | €90k | €79k | €72k | €73k | ▲ 0.8% |
| Financial debts43 | - | €357k | €161k | €158k | €130k | ▼ 17.8% |
| Credit institutions430/8 | - | €357k | €161k | €158k | €130k | ▼ 17.8% |
| Trade debts44 | €89k | €75k | €98k | €75k | €196k | ▲ 163% |
| Suppliers440/4 | - | €75k | €98k | €75k | €196k | ▲ 163% |
| Taxes, remuneration and social security45 | - | €44k | €49k | €43k | €56k | ▲ 29.5% |
| Taxes450/3 | - | €12k | €16k | €22k | €21k | ▼ 3.2% |
| Remuneration and social security454/9 | - | €32k | €32k | €21k | €35k | ▲ 63.3% |
| Other amounts payable47/48 | - | €50k | €120k | €150k | - | - |
| Accrued charges and deferred income492/3 | - | €260 | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62k | €71k | €142k | €192k | €13k | ▼ 93.2% |
| + Depreciation and write-downs630 | €103k | €92k | €82k | €60k | €51k | ▼ 14.9% |
| Operating cash flow (approximation) | €165k | €163k | €224k | €252k | €64k | ▼ 74.5% |
| Investment in fixed assets (approximation) | - | €-21k | €-9k | €-39k | €-523k | ▼ 1,248% |
| Change in cash | - | €-20k | €22k | €-11k | €33k | ▲ 388% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €13k ▼93.2%
Net result drops to €13k, the lowest in the series.
30-09
Financial
Equity above €500kEq €827k ▲182%
8 profitable years in a row build equity to €827k.
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €192k ▲35.1%
Operating result €232k, net result €192k, both a record.
22-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €200kEq €209k ▲6.2%
4 profitable years in a row build equity to €209k.
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Scherpenheuvel-Zichem · 1 establishment unit since 1997
Ground area
3,530 m²
Building footprint
427 m²
Volume, LiDAR
2,344 m³
2 parcels, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Grensstraat 58, 3271 Scherpenheuvel-Zichem
since 19972.084.436.067
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24005A0005/00A006 | Flanders | 2,164 m² | 1 · 243 m² | 7.8 m · 1 fl. |
| 24005A0005/00T003 | Flanders | 1,367 m² | 1 · 183 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,821 companies in sector 42220 we hold annual accounts for 955. 455 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-12-1997
Fiscal year end30-09
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.