TELEMIS

Active

Public limited companyfounded 199927 yrs activeAvenue Athéna 2, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0465.769.650

Summary

TELEMIS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €959k and a net result of €-113k. Equity is shrinking by ~3.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

Watch Print / PDF

Checked score

Score 2026

66 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2025

Profitability65▲+1

Solvency47▼-2

Growth32=

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €60k at 30 days acceptable

Liquidity ample (current ratio 1.75 against 1.86 in 2025; short-term debt: 38.5% and cash: 5.8% of total assets), but 77.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 63

Relative position

BE, all sectors

reference

Sector 63

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2026

Solvency, return and age of the figures

Solvency

22.2%

Return on assets

-2.6%

Age of the figures

6 mo

Persistent losses

Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2026

Net result per financial year

1920212223242526

2019 to 2026 · latest year €-113k

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-08-2026, 68 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

68 d early

2025

128 d early

2024

94 d early

2023

63 d early

2022

21 d early

2021

17 d late

2020

32 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-03-2027 close31-10-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2026, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-113k▲ 34.9%

2025 · €-174k

2019: €311k 2020: €110k 2021: €156k 2022: €465k 2023: €32k 2024: €-458k 2025: €-174k

2019 → 2026

Working capital

€1.25M▼ 9.4%

2025 · €1.38M

2019: €1.31M 2020: €1.57M 2021: €2.31M 2022: €2.10M 2023: €1.78M 2024: €1.50M 2025: €1.38M

2019 → 2026

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20222023202420252026Trend

Equity€1.67M-€1.71M▲ 1.9%€1.25M▼ 26.9%€1.07M▼ 14.0%€959k▼ 10.6%

Operating result€541k-€-31k€-453k▼ 1,340%€-192k▲ 57.7%€-72k▲ 62.6%

Net result€465k-€32k▼ 93.2%€-458k€-174k▲ 62.0%€-113k▲ 34.9%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €72k in 2026 against €192k in 2025; the loss shrinks.

Balance-sheet composition

2026 in colour, 2025 as the grey bar beneath

Assets €4.33M

32.7%

67.3%

Fixed assets €1.41M ▼ 7.8%

Current assets €2.91M ▼ 2.4%

Equity and liabilities €4.33M

22.2%

77.8%

Equity €959k ▼ 10.6%

Debt €3.37M ▼ 2.3%

Debt's share of the balance-sheet total rises from 76.3% to 77.8%. Equity and debt are lower.

Key figures and ratios

2026 value · change against 2025

EBITDA

€898k▲

2025 · €859k

Cash flow

€857k▼

2025 · €877k

Current ratio

1.75▼

2025 · 1.86

Quick ratio

1.75▼

2025 · 1.85

Debt to equity

3.51▲

2025 · 3.21

ROE

-11.8%▲

2025 · -16.2%

ROA

-2.6%▲

2025 · -3.9%

Interest coverage

17.16▼

2025 · 21.67

Debt ≤ 1 year

€1.66M▲

2025 · €1.61M

Income taxes

€-10k▲

2025 · €-57k

Staff costs

€1.78M▲

2025 · €1.77M

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 · 2026 against 2025 · 52 lines

Balance sheet Code20252026

Assets

Total assets20/58€4.52M€4.33M▼

Fixed assets21/28€1.53M€1.41M▼

Intangible fixed assets21€1.47M€1.39M▼

Tangible fixed assets22/27€51k€19k▼

Plant, machinery and equipment23€45k€14k▼

Furniture and vehicles24€5k€4k▼

Other tangible fixed assets26€538€890▲

Financial fixed assets28€10k€10k=

Current assets29/58€2.99M€2.91M▼

Stocks and contracts in progress3€5k€5k▼

Stocks30/36€5k€5k▼

Amounts receivable within one year40/41€2.42M€2.39M▼

Trade receivables40€2.30M€2.26M▼

Other amounts receivable41€122k€132k▲

Cash at bank and in hand54/58€304k€251k▼

Deferred charges and accrued income490/1€255k€266k▲

Equity and liabilities

Total equity and liabilities10/49€4.52M€4.33M▼

Equity10/15€1.07M€959k▼

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Reserves13€152k€152k=

Non-distributable reserves130/1€6k€6k=

Legal reserve130€6k€6k=

Distributable reserves133€146k€146k=

Profit (loss) carried forward14€859k€746k▼

Amounts payable17/49€3.45M€3.37M▼

Amounts payable within one year42/48€1.61M€1.66M▲

Trade debts44€288k€422k▲

Suppliers440/4€288k€422k▲

Taxes, remuneration and social security45€444k€442k▼

Taxes450/3€104k€121k▲

Remuneration and social security454/9€341k€321k▼

Other amounts payable47/48€875k€800k▼

Accrued charges and deferred income492/3€1.84M€1.70M▼

Income statement Code20252026

Non-recurring operating income76A-€21k

Remuneration, social security and pensions62€1.77M€1.78M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.05M€970k▼

Other operating charges640/8€3k€5k▲

Gross operating margin9900€2.63M€2.69M▲

Operating profit (loss)9901€-192k€-72k▲

Financial income75/76B€68€730▲

Recurring financial income75€68€730▲

Financial charges65/66B€40k€52k▲

Recurring financial charges65€40k€52k▲

Profit (loss) for the period before taxes9903€-231k€-123k▲

Income taxes67/77€-57k€-10k▲

Profit (loss) for the period9904€-174k€-113k▲

Profit (loss) for the period to be appropriated9905€-174k€-113k▲

Appropriation of the result

Profit (loss) to be appropriated9906€859k€746k▼

Profit (loss) brought forward from the previous period14P€1.03M€859k▼

Social balance

Average headcount (FTE)908722.521.2▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 28Financial 2Gazette 16Filings 10

Next filing, fiscal year 2027, expected by 31-10-2027

2026

24-08

NBB filing Annual accounts filed

fiscal year 2026 · full schema

09-01

State Gazette act Appointment: RSM INTERAUDIT (statutory auditor)

Permanent representatives: Céline ARNAUD and Vincent THYRION4 facts ▸

General meeting, 18-11-2025
Auditor appointment, RSM INTERAUDIT (statutory auditor)
Permanent representative, Céline ARNAUD
Permanent representative, Vincent THYRION

2025

25-06

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2024

29-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

04-07

State Gazette act Comptes Annuels

Statutes amendment2 facts ▸

General meeting, 30-08-2023
Statutes amendment

31-03

Financial Weakest financial yearnet €-458k ▼1541%

Net result drops to €-458k, the lowest in the series; recovery starts the following year.

2023

15-09

State Gazette act Reappointments: Stéphane KETELAER (director) and TELEMIS HOLDING (director)

Permanent representative: Patrice Henry François ROULIVE · Statutes amendment · Capital8 facts ▸

General meeting, 30-08-2023
Statutes amendment
Capital, €61.500
Director reappointment, Stéphane KETELAER (director)
Director reappointment, TELEMIS HOLDING (director)
Permanent representative, Patrice Henry François ROULIVE
Board composition, Stéphane KETELAER (director)
Board composition, TELEMIS HOLDING (director)

29-08

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2022

10-10

NBB filing Annual accounts filed

fiscal year 2022 · full schema

31-03

Financial Highest result since 2019net €465k ▲198%

Net result €465k, the highest in the series.

2021

17-11

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 17 days late

2020

02-12

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 32 days late

Show earlier events

2019

28-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2018

06-09

State Gazette act Reappointments: Stephane Ketelaer (director) and Telemis Holding SA (director)

Permanent representative: Patrice Roulive4 facts ▸

General meeting, 21-06-2018
Director reappointment, Stephane Ketelaer (director)
Director reappointment, Telemis Holding SA (director)
Permanent representative, Patrice Roulive

12-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2017

19-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2015

17-12

State Gazette act Reappointment: Ernst & Young, Réviseurs d'Entreprises SCRL (statutory auditor)

2 facts ▸

Board meeting, 25-06-2015
Auditor reappointment, Ernst & Young, Réviseurs d'Entreprises SCRL

19-01

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 03-10-2014
Registered-office move, 1348 Louvain-la-Neuve, Avenue Athéna, 2

2012

14-09

State Gazette act Reappointment: Ernst & Young, Réviseurs d'Entreprises SCRL (statutory auditor)

Resignations: SA NIVELINVEST (director) and SA SOPARTEC (director)4 facts ▸

General meeting, 21-06-2012
Auditor reappointment, Ernst & Young, Réviseurs d'Entreprises SCRL
Director resignation, SA NIVELINVEST (director)
Director resignation, SA SOPARTEC (director)

05-09

State Gazette act Resignation: Georges WALCKIERS (director)

Appointments: Patrice Henry François ROULIVE (director) and TELEMIS HOLDING (director) · Permanent representatives: Georges WALCKIERS and Pierre MOTTET · Reappointments: Stephane KETELAER (director) and SAINT-DENIS (director)13 facts ▸

General meeting, 31-08-2012
Capital decrease, €1.518.650
Capital, €61.500
Statutes amendment
Statutes amendment
Director resignation, Georges WALCKIERS (director)
Director appointment, Patrice Henry François ROULIVE (director)
Director appointment, TELEMIS HOLDING (director)
Permanent representative, Georges WALCKIERS
Director reappointment, Stephane KETELAER (director)
Director reappointment, SAINT-DENIS (director)
Permanent representative, Pierre MOTTET
+1 further facts in this act

2011

24-08

State Gazette act Appointment: Ernst & Young (commissaire réviseur)

Reappointments: Sopartec s.a., Georges Walckiers and Stephane Ketelaer6 facts ▸

General meeting, 18-06-2009
Auditor appointment, Ernst & Young (commissaire réviseur)
General meeting, 16-06-2011
Director reappointment, Sopartec s.a. (director)
Director reappointment, Georges Walckiers (director)
Director reappointment, Stephane Ketelaer (director)

04-07

State Gazette act Capital & shares

Statutes amendment · Capital increase · Capital6 facts ▸

General meeting, 06-06-2011
Statutes amendment
Statutes amendment
Capital increase, €75.000
Capital, €1.580.150
Statutes amendment

2010

30-11

State Gazette act Appointments: Pierre MOTTET, Georges WALCKIERS and Nivelinvest SA

Permanent representative: Pierre de WAHA · Registered-office move6 facts ▸

General meeting, 18-06-2009
Director appointment, Pierre MOTTET (director)
Director appointment, Georges WALCKIERS (director)
Director appointment, Nivelinvest SA (director)
Permanent representative, Pierre de WAHA
Registered-office move, rue de Clairvaux 8 à 1348 Louvain-la-Neuve

2009

05-06

State Gazette act Capital & shares · Statutes amendment

Capital increase · Capital decrease · Capital9 facts ▸

General meeting, 14-05-2009
Capital increase, €131.250
Capital increase, €108.000
Capital decrease, €640.350
Capital, €1.505.150
Statutes amendment
Power of attorney
Warrant exercise, 4500, 6000
Conversion price, EUR, 25.0

2008

28-01

State Gazette act Capital & shares

Capital increase · Capital · Statutes amendment9 facts ▸

Board meeting, 10-01-2008
Capital increase, €56.250
Capital, €1.906.250
Statutes amendment
Warrant exercise, 11-11-2007, 4500
Prior general assembly decision, 28-11-2001
Share categories, 20250, 36000
Share subscription, intégralement souscrites et libérées par le détenteur de droits de souscription exercés
Share profit participation, participent aux bénéfices à dater du 1er janvier de l'exercice comptable au cours duquel le warrant a été exercé

2007

18-06

State Gazette act Capital & shares · Statutes amendment

Capital increase · Capital2 facts ▸

Capital increase, €112.500
Capital, €1.850.000

29-03

State Gazette act Reappointment: SAINTENOY, COMHAIRE & Co (commissaire réviseur)

Resignation: Marc LOBELLE (director) · Permanent representatives: Philippe DURIEUX and Pierre de WAHA-BAILLONVILLE · Capital increase10 facts ▸

General meeting, 28-11-2001
Capital increase, €112.500
Capital, €1.848.000
Statutes amendment
General meeting, 29-06-2006
Auditor reappointment, SAINTENOY, COMHAIRE & Co (commissaire réviseur)
Board meeting, 05-12-2006
Director resignation, Marc LOBELLE (director)
Permanent representative, Philippe DURIEUX
Permanent representative, Pierre de WAHA-BAILLONVILLE

2005

09-05

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 18-01-2005
Registered-office move, 1348 Ottignies (Louvain-la-Neuve), avenue A.Fleming 12

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

9 directors, no change since 2023

TELEMIS HOLDING

Director · since 29-06-2023 · Public limited company · perm. rep.: Patrice Henry François ROULIVE

Current

Stéphane KETELAER

Director · since 16-06-2011

Current

TELEMIS HOLDING SA

Director · Legal entity · perm. rep.: Patrice Roulive

Not recently confirmed

Patrice Henry François ROULIVE

Director · since 31-08-2012

Not recently confirmed

SAINT DENIS

Director · Public limited company · perm. rep.: Pierre MOTTET

Not recently confirmed

TELEMIS HOLDING

Director · since 31-08-2012 · Legal entity · perm. rep.: Georges WALCKIERS

Not recently confirmed

3 other directors

SOPARTEC S.A.

Director · since 16-06-2011 · Legal entity

Not recently confirmed

NIVELINVEST SA

Director · since 18-06-2009 · Legal entity · perm. rep.: Pierre de WAHA

Not recently confirmed

Pierre MOTTET

Director · since 18-06-2009

Not recently confirmed

29-06-2023 TELEMIS HOLDING: Mandate renewed as Director

29-06-2023 Stéphane KETELAER: Mandate renewed as Director

31-08-2012 Patrice Henry François ROULIVE: Appointed as Director

31-08-2012 TELEMIS HOLDING: Appointed as Director

31-08-2012 Georges WALCKIERS: Resigned as Director

Full history in the Timeline (14 changes) →

Location & real-estate footprint

Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 1999

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Avenue Athéna 21348 Ottignies-Louvain-la-Neuve

Ground area

6,612 m²

Building footprint

327 m²

Volume, LiDAR

3,785 m³

Parcel 25385A0062/00C000, Wallonia · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Avenue Athéna 2, 1348 Ottignies-Louvain-la-Neuve

Scientific research and development

since 19992.091.000.393

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25385A0062/00C000	Wallonia	6,612 m²	1 · 327 m²	13.4 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor

RSM INTERAUDITCurrent

Statutory auditor

18-11-2025 → present

Show 3 earlier auditors

Ernst & Young Commissaire réviseur succeeded by SCRL Ernst & Young Réviseurs d'Entreprises in 2012	18-06-2009 → 21-06-2012
Saintenoy, Comhaire & Co Commissaire réviseur succeeded by Ernst & Young in 2009	28-11-2001 → 18-06-2009
SCRL Ernst & Young Réviseurs d'Entreprises Auditor · represented by Philippe PIRE succeeded by RSM INTERAUDIT in 2025	21-06-2012 → 18-11-2025

Articles of association

Purpose

La recherche-développement, l'industrialisation d'applications et d'équipements et la commercialisation dans le domaine du traitement et de la transmission d'information multimédia…

Full purpose

La recherche-développement, l'industrialisation d'applications et d'équipements et la commercialisation dans le domaine du traitement et de la transmission d'information multimédia sécurisée. La société a également pour objet l'étude, le conseil, la consultation, l'expertise, l'ingénierie et toutes prestations de services dans le cadre des activités prédécrites.

according to the deed of 15-09-2023

Structure & network

Connections & network

4 connected companies

Shared directors

Linked via shared directors

AGORIA

Shared director

→

Ion Beam Applications

Shared director

→

SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON

Shared director

→

TELS QUELS

Shared director

→

Capital and shareholders

Capital over the years

15-09-2023 Capital stated in the act · 61,500 EUR · 131,070 shares
05-09-2012 Capital reduction of 1,518,650 EUR · to 61,500 EUR · repaid to the shareholders
04-07-2011 Capital increase of 75,000 EUR · to 1,580,150 EUR · 3,000 new shares
05-06-2009 Capital increase of 131,250 EUR · to 2,037,500 EUR · 10,500 new shares
05-06-2009 Capital increase of 108,000 EUR · to 2,145,500 EUR · 4,320 new shares
05-06-2009 Capital reduction of 640,350 EUR · to 1,505,150 EUR · repaid to the shareholders
28-01-2008 Capital increase of 56,250 EUR · to 1,906,250 EUR · 4,500 new shares
18-06-2007 Capital increase of 112,500 EUR · to 1,850,000 EUR

Show 1 older capital entries

29-03-2007 Capital increase of 112,500 EUR · to 1,848,000 EUR · 9,000 new shares

Recognitions · licences · registrations

Legal Entity Identifier

875500TE7A3378D6A480

live in the LEI register

Similar companies · same sector, comparable size

DimiJob

BE 0888.468.629

Sint-Pieters-Woluwe · Eq €952k

TEO-Training

BE 0697.679.725

Beveren-Kruibeke-Zwijndrecht · Eq €980k

REACFIN

BE 0862.986.729

Ottignies-Louvain-la-Neuve · Eq €939k

Bart Denoo Engineering

BE 0446.689.948

Gent · Eq €988k

DELCAMPE INTERNATIONAL

BE 0875.177.055

Tubize · Eq €930k

Of 2,725 companies in sector 63100 we hold annual accounts for 1,271. 658 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded01-04-1999

Fiscal year end31-03

Activities, NACEBEL 2025

46460Wholesale of pharmaceutical and medical goods

63100Computing infrastructure, data processing, hosting and related activities

Sources

Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.