Telematica Ventures
ActiveSummary
The computed 12-month bankruptcy probability of Telematica Ventures is 1.5% (moderate). The 2024 annual accounts show equity of €1.4m and a net result of -€85,635. Equity is shrinking by about 4.5% per year across the filed financial years. Its solvency ranks better than 90% of 37,596 sector peers (NACE 70, financial year 2024). The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €1.4m
- Loss
- -€85,635
- Parent
- HASSELTSE ADVIESMAATSCHAPPIJ VOOR DE REALISATIE VAN PROJECTEN · 100%
- Bujok, Ernest Lambert JohanDirector
- Albertus De BoerDirector
Why 55raises riskCapped at 59: a confirmed filing findingLiquidity: current ratio 3.75, cash €86, halvedFigures for financial year 2024 (filed 07-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 latelowers riskFounded in 1996Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 86% on solvency, 35% on liquidity, 11% on profitability and 32% on growth.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 44 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Resignation: Ernest Bujok (sole director)Appointment: Albertus De Boer (director)…
- Appointment: Bujok, Ernest Lambert Johan (sole…Amendment of the articles ·…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 24 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result stays negative: a loss of €81,578 in 2024 against €290,270 in 2023; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 8,617 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €5,477 | - |
| Remuneration, social security and pensions62 | - | - | - | €32,763 | €3,938 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61,606 | €57,043 | €57,043 | €60,659 | €56,053 | €56,053 | €57,948 | ▲ 3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €265,080 | - | - |
| Other operating charges640/8 | - | - | - | €32,717 | €9,920 | €11,109 | €1,503 | ▼ 86.5% |
| Gross operating margin9900 | €82,791 | €158,287 | €123,882 | €97,420 | €61,045 | €41,972 | -€22,128 | - |
| Operating profit (loss)9901 | -€14,804 | €49,705 | €34,807 | -€28,719 | -€8,866 | -€290,270 | -€81,578 | ▲ 71.9% |
| Financial income75/76B | - | - | - | €6 | - | €4 | €0 | ▼ 95.1% |
| Recurring financial income75 | €37 | €413 | €2 | €6 | - | €4 | €0 | ▼ 95.1% |
| Financial charges65/66B | - | - | - | €17,704 | €956 | €1,057 | €4,056 | ▲ 284% |
| Recurring financial charges65 | €1,950 | €922 | €925 | €17,704 | €956 | €1,057 | €895 | ▼ 15.3% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €3,161 | - |
| Profit (loss) for the period before taxes9903 | -€16,718 | €52,741 | €33,884 | -€46,417 | -€9,822 | -€291,323 | -€85,634 | ▲ 70.6% |
| Income taxes67/77 | €405 | €13,558 | €10,654 | €5,763 | €54,171 | €48,171 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | -€17,122 | €39,183 | €23,230 | -€52,180 | -€63,993 | -€339,494 | -€85,635 | ▲ 74.8% |
| Profit (loss) for the period to be appropriated9905 | -€17,122 | €39,183 | €23,230 | -€52,180 | -€63,993 | -€339,494 | -€85,635 | ▲ 74.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.2m | €2.0m | €2.1m | €2.0m | €1.9m | €1.6m | €1.6m | ▼ 0.4% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▲ 0.5% |
| Tangible fixed assets22/27 | €1.3m | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▲ 0.5% |
| Land and buildings22 | - | - | - | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 3.8% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | €0.007m | €0.06m | ▲ 723% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.01m | €0.01m | €0.007m | ▼ 33.3% |
| Current assets29/58 | €0.9m | €0.7m | €0.8m | €0.8m | €0.8m | €0.5m | €0.5m | ▼ 2.5% |
| Amounts receivable within one year40/41 | €0.8m | €0.7m | €0.7m | €0.8m | €0.7m | €0.5m | €0.4m | ▼ 20.5% |
| Trade receivables40 | - | - | - | €0.02m | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.7m | €0.7m | €0.5m | €0.4m | ▼ 20.5% |
| Cash at bank and in hand54/58 | €0.008m | €0.02m | €0.04m | €0.03m | €0.04m | €0.001m | €86 | ▼ 94.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.04m | €0.03m | €0.1m | ▲ 246% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.2m | €2.0m | €2.1m | €2.0m | €1.9m | €1.6m | €1.6m | ▼ 0.4% |
| Equity10/15 | €1.9m | €2.0m | €2.0m | €1.9m | €1.9m | €1.5m | €1.4m | ▼ 5.6% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €1.8m | €1.8m | €1.9m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Profit (loss) carried forward14 | -€0.02m | - | -€0.02m | - | -€0.06m | -€0.4m | -€0.5m | ▼ 21.2% |
| Amounts payable17/49 | €0.3m | €0.06m | €0.07m | €0.07m | €0.06m | €0.05m | €0.1m | ▲ 153% |
| Amounts payable within one year42/48 | €0.07m | €0.06m | €0.07m | €0.07m | €0.06m | €0.05m | €0.1m | ▲ 153% |
| Financial debts43 | - | - | - | - | €208 | - | - | - |
| Credit institutions430/8 | - | - | - | - | €208 | - | - | - |
| Trade debts44 | €0.03m | €0.02m | €0.03m | €0.03m | €0.02m | €0.02m | €491 | ▼ 97.9% |
| Suppliers440/4 | - | - | - | €0.03m | €0.02m | €0.02m | €491 | ▼ 97.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.01m | €0.003m | €356 | ▼ 89.7% |
| Taxes450/3 | - | - | - | €0.02m | €0.01m | €0.003m | €356 | ▼ 89.7% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.03m | €0.02m | €0.1m | ▲ 424% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0 | €0 | ▼ 50.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,122 | €39,183 | €23,230 | -€52,180 | -€63,993 | -€339,494 | -€85,635 | ▲ 74.8% |
| + Depreciation and write-downs630 | €61,606 | €57,043 | €57,043 | €60,659 | €56,053 | €56,053 | €57,948 | ▲ 3.4% |
| Operating cash flow (approximation) | €44,484 | €96,226 | €80,273 | €8,479 | -€7,939 | -€283,441 | -€27,687 | ▲ 90.2% |
| Investment in fixed assets (approximation) | - | -€16,250 | €0 | -€15,980 | -€3,626 | €0 | -€63,732 | - |
| Change in cash | - | €16,877 | €15,972 | -€10,294 | €9,732 | -€38,639 | -€1,380 | ▲ 96.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 30-09-2025 | 2025-00533778 |
| 31-12-2023 | micro format | 27-03-2024 | 2024-00051903 |
| 31-12-2022 | micro format | 26-10-2023 | 2023-00494341 |
| 31-12-2021 | micro format | 28-10-2022 | 2022-20475608 |
| 31-12-2020 | micro format | 30-09-2021 | 2021-71200498 |
| 31-12-2019 | micro format | 30-10-2020 | 2020-68700148 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-63300031 |
| 31-12-2017 | micro format | 28-09-2018 | 2018-65500350 |
| 31-12-2016 | micro format | 27-09-2017 | 2017-63700105 |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-59000371 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bujok, Ernest Lambert Johan |
|
| Albertus De Boer |
|
| Ernest Bujok |
|
Owners and capital
Owners
1 ownerChain of control
- HASSELTSE ADVIESMAATSCHAPPIJ VOOR DE REALISATIE VAN PROJECTEN
- Telematica Ventures
Highest known parent: HASSELTSE ADVIESMAATSCHAPPIJ VOOR DE REALISATIE VAN PROJECTEN. The sources do not say who stands above it.
Owners 1
- 100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- H.A.R.P. NV (BE 0443.886.450) all shares · 100%
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 27-03-2024 Capital stated in the deed · €123,973.38 · 304 shares
Group and network
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
19-06
Gazette deed
Resignation: Ernest Bujok (sole director)Appointment: Albertus De Boer (director) · Shareholding · Director discharge5 facts ▸
- Shareholding, 28-03-2024, 304
- General meeting, 28-03-2024
- Director resignation, Ernest Bujok (sole director)
- Director discharge, Ernest Bujok
- Director appointment, Albertus De Boer (director)
27-03
Gazette deed
Appointment: Bujok, Ernest Lambert Johan (sole director)Amendment of the articles · Capital · Power of attorney10 facts ▸
- General meeting, 20-03-2024
- Other provision, “wet van 2019-03-23 tot invoering van het Wetboek van vennootschappen en verenigingen en houdende diverse bepalingen, WVV vanaf 2020-01-01 eerst van toepassing o…” (deed in Dutch)
- Other provision, “dwingende en aanvullende bepalingen WVV, 39,§2” (deed in Dutch)
- Amendment of the articles (2 times)
- Other provision, “zeteladres buiten statuten, gebruik mogelijkheid precies adres zetel buiten statuten te laten” (deed in Dutch)
- Capital, €123,973.38
- Other provision, “uitdrukkelijke bedoeling statutenwijzigingen, wijzigingen ook waar wet 2019-03-23 in principe niets wijzigde niet toevallig wel degelijk uitdrukkelijk beoogd” (deed in Dutch)
- Other provision, “ontslag bestuurders, ontslag met ingang van heden aan alle thans nog in functie zijnde bestuurders” (deed in Dutch)
- Director appointment, Bujok, Ernest Lambert Johan (sole director)
- Power of attorney, Bujok, Ernest Lambert Johan (2 times)
About the unread acts
Of the 13 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71328D0376/00P000 | Flanders | 1,944 m² | 1 · 474 m² | 15.7 m · 5 |
| 21811M0903/00G000 | Brussels | 117 m² | 1 · 120 m² | 22.7 m · 6 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Telematica Ventures
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit enige bestuurder administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen oprichten of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “Vennootschap wordt bestuurd door een enige bestuurder, 1” (deed in Dutch)“1, enige bestuurder” (deed in Dutch)“Enige bestuurder, geheel van bestuursbevoegdheden” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aandelen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 12 June at 17:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, enige bestuurder op dat ogenblik in functie in voorkomend geval als college van…” (deed in Dutch)“Alle verrichtingen vermeld in wet, tenzij algemene vergadering anders besluit bij gewone meerderheid” (deed in Dutch)