TELEVIC
ActiveSummary
TELEVIC has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40.2m and a net result of €9.1m. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 84% of 6,139 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Wholesale of information and communication equipment
NACE 46500Manufacture of computer, electronic and optical products NACE 26300
Fastest staff growth in Izegem1 site
Size
€63.2mturnover 2025
- Staff
- 101.5 FTE
- Equity
- €40.2m
- Profit
- €9.1m
Structure
- Parent
- DANVER · 100%
- Holdings
- 5
2025 accounts 32 days early3 of 20 deeds summarised
Why 98lowers riskLiquidity: current ratio 5.38, cash €28.8mFounded in 2010Equity €40.2m (78.4% of total assets)Size: turnover €63.2m, 101.5 FTE, total assets €51.3mShow the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 86% of its sector peers (NACE 46, medium-sized)
Financial strength · tick = 2024
Strong
Solvency
100+2
equity 78.4% of total assets
Liquidity
95+40
short-term debt 17.6% · cash 56.0%
Profitability
91-9
return on assets 17.7%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €3,900,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.38, compared with 4.46 in 2024, above the usual 1.5; short-term debt: 17.6% and cash: 56% of total assets), and 21.6% of the assets are financed with debt and provisions.
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 46, medium-sized): better than 93% on solvency, 98% on liquidity, 96% on profitability and 55% on growth.
The bankruptcy probability was computed on 24-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
23 days early
2023
13 days early
2022
18 days early
2021
16 days early
2020
17 days early
2019
55 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Highest result from 2018 to 2025net €13.3m ▲26.1%
Financials · financial year 2025, full format
In the rankings
#1 company by staff growth in Izegem#1 company by equity in Izegem, Wholesale and retail trade sector#3 employer in Izegem, Wholesale and retail trade sector
Turnover
€63.2m▼ 5.3%
2024 · €66.7m
EBIT margin
16.6%▼ 6.5pp
2024 · 23.2%
Net result
€9.1m▼ 31.9%
2024 · €13.3m
Working capital
€39.5m▲ 26.1%
2024 · €31.3m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 32% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€63.2m
2025
Operating result€10.5m
2025
Net result€9.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€51.3m
2025
Equity€40.2m
2025
Debt€9.3m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€39.5m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin16.6%
2025
Return on assets (ROA)17.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency78.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio5.38
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)101.5
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€25.5m-€28.6m▲ 12.3%€26.2m▼ 8.6%€35.1m▲ 34.2%€42.0m▲ 19.6%€53.8m▲ 28.3%€66.7m▲ 23.9%€63.2m▼ 5.3%
Operating result€3.2m-€3.1m▼ 3.0%€3.2m▲ 5.4%€4.8m▲ 48.1%€5.7m▲ 18.2%€13.5m▲ 138%€15.5m▲ 14.6%€10.5m▼ 32.0%
Net result€2.8m-€2.7m▼ 3.3%€2.7mabove the sector's middle half▼ 0.6%€4.0mabove the sector's middle half▲ 48.1%€3.4mabove the sector's middle half▼ 15.1%€10.6mabove the sector's middle half▲ 209%€13.3mabove the sector's middle half▲ 26.1%€9.1mabove the sector's middle half▼ 31.9%
EBIT margin12.4%-10.7%▼ 1.7pp12.4%▲ 1.6pp13.7%▲ 1.3pp13.5%▼ 0.2pp25.1%▲ 11.5pp23.2%▼ 1.9pp16.6%▼ 6.5pp
Equity€9.0m-€7.2m▼ 19.6%€10.0mabove the sector's middle half▲ 37.5%€14.0mabove the sector's middle half▲ 40.4%€17.4mabove the sector's middle half▲ 24.5%€16.0mabove the sector's middle half▼ 8.2%€31.2mabove the sector's middle half▲ 94.8%€40.2mabove the sector's middle half▲ 29.2%
Total assets€15.5m-€13.3m▼ 14.4%€15.9mabove the sector's middle half▲ 19.7%€20.1mabove the sector's middle half▲ 26.6%€27.7mabove the sector's middle half▲ 37.6%€26.4mabove the sector's middle half▼ 4.5%€42.9mabove the sector's middle half▲ 62.1%€51.3mabove the sector's middle half▲ 19.8%
Debt€5.7m-€5.1m▼ 11.5%€5.1m▲ 0.3%€5.2m▲ 2.1%€9.1m▲ 75.4%€8.9m▼ 2.4%€9.8m▲ 9.9%€9.3m▼ 5.4%
Working capital€9.6m-€7.9m▼ 17.9%€10.5mabove the sector's middle half▲ 32.2%€14.5mabove the sector's middle half▲ 38.6%€16.9mabove the sector's middle half▲ 16.4%€16.8mabove the sector's middle half▼ 0.4%€31.3mabove the sector's middle half▲ 86.1%€39.5mabove the sector's middle half▲ 26.1%
Solvency58.0%-54.6%▼ 3.5pp62.7%above the sector's middle half▲ 8.1pp69.6%above the sector's middle half▲ 6.9pp62.9%above the sector's middle half▼ 6.7pp60.5%within the sector's middle half▼ 2.4pp72.7%above the sector's middle half▲ 12.2pp78.4%above the sector's middle half▲ 5.7pp
Current ratio2.77-2.64▼ 0.133.10above the sector's middle half▲ 0.463.79above the sector's middle half▲ 0.692.85above the sector's middle half▼ 0.943.18above the sector's middle half▲ 0.334.46above the sector's middle half▲ 1.285.38above the sector's middle half▲ 0.92
Return on assets (ROA)18.2%-20.6%▲ 2.4pp17.1%above the sector's middle half▼ 3.5pp20.0%above the sector's middle half▲ 2.9pp12.4%above the sector's middle half▼ 7.7pp40.0%above the sector's middle half▲ 27.6pp31.1%above the sector's middle half▼ 8.9pp17.7%above the sector's middle half▼ 13.4pp
Staff (FTE)52.3-53.5▲ 2.3%47.5above the sector's middle half▼ 11.2%44.5above the sector's middle half▼ 6.3%43.2above the sector's middle half▼ 2.9%43.8above the sector's middle half▲ 1.4%81.1above the sector's middle half▲ 85.2%101.5above the sector's middle half▲ 25.2%
above
within
below
the middle half of NACE 46, Wholesale trade: 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.
Why a figure moved sharply
- 2024 Equity +95%, Total assets +62%, Staff (FTE) +85% on 2023. Demerger with TELEVIC HEALTHCARE, proposed with effect from 15-02-2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51.3m
Fixed assets
€2.8m ▲ 12.5%
Current assets
€48.5m ▲ 20.2%
Equity and liabilities €51.3m
Equity
€40.2m ▲ 29.2%
Provisions
€1.8m ▼ 4.9%
Debt
€9.3m ▼ 5.4%
Debt's share of the balance-sheet total falls from 22.8% to 18.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11.1m▼
2024 · €15.9m
Cash flow
€9.6m▼
2024 · €13.8m
Quick ratio
4.49▲
2024 · 3.20
Debt to equity
0.23▼
2024 · 0.31
ROE
22.6%▼
2024 · 42.8%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€9.0m▼
2024 · €9.0m
Debt > 1 year
€112,500▼
2024 · €562,500
Income taxes
€1.1m▼
2024 · €2.6m
Staff costs
€10.7m▲
2024 · €9.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 546 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.2% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
4.2%
stopped otherwise
95.2%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,475 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 546 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €36.6m | €44.1m | €56.1m | €68.2m | €62.7m | ▼ 8.0% |
| Turnover70 | €25.5m | €28.6m | €26.2m | €35.1m | €42.0m | €53.8m | €66.7m | €63.2m | ▼ 5.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €1.0m | €1.4m | €1.4m | -€0.2m | -€2.2m | ▼ 1,290% |
| Other operating income74 | - | - | - | €0.6m | €0.7m | €0.8m | €1.6m | €1.7m | ▲ 7.1% |
| Non-recurring operating income76A | - | - | - | - | - | €0.05m | - | - | - |
| Operating charges60/66A | - | - | - | €31.8m | €38.4m | €42.6m | €52.7m | €52.2m | ▼ 1.0% |
| Goods for resale, raw materials and consumables60 | - | - | - | €20.8m | €24.9m | €29.5m | €31.5m | €28.0m | ▼ 11.2% |
| Purchases600/8 | - | - | - | €20.9m | €27.2m | €29.7m | - | €26.9m | - |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.05m | -€2.3m | -€0.1m | €0.3m | €1.1m | ▲ 317% |
| Services and other goods61 | - | - | - | €6.8m | €8.9m | €7.8m | €11.3m | €13.0m | ▲ 15.2% |
| Remuneration, social security and pensions62 | - | - | - | €3.9m | €4.2m | €4.6m | €9.2m | €10.7m | ▲ 17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.3m | €0.5m | €0.6m | ▲ 18.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0.08m | €0.2m | €0.4m | €0.2m | -€0.09m | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.02m | €0.04m | €0.1m | €0.06m | ▼ 41.2% |
| Operating profit (loss)9901 | €3.2m | €3.1m | €3.2m | €4.8m | €5.7m | €13.5m | €15.5m | €10.5m | ▼ 32.0% |
| Financial income75/76B | - | - | - | €0.1m | €0.4m | €0.3m | - | €0.4m | - |
| Recurring financial income75 | €0.1m | €0.06m | €0.1m | €0.1m | €0.4m | €0.3m | €0.8m | €0.4m | ▼ 43.2% |
| Income from financial fixed assets750 | - | - | - | €0.05m | €0.1m | - | €0.1m | - | - |
| Income from current assets751 | - | - | - | €0.01m | €0.02m | €0.03m | €0.3m | €0.4m | ▲ 36.2% |
| Other financial income752/9 | - | - | - | €0.06m | €0.2m | €0.2m | €0.3m | €0.02m | ▼ 95.7% |
| Financial charges65/66B | - | - | - | €0.1m | €2.1m | €1.0m | €0.2m | €0.7m | ▲ 212% |
| Recurring financial charges65 | €0.1m | €0.1m | €0.09m | €0.1m | €1.4m | €0.3m | €0.2m | €0.7m | ▲ 212% |
| Debt charges650 | €16 | - | - | - | - | €0.03m | €0.05m | €0.03m | ▼ 36.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | €1.1m | - | - | €0.3m | - |
| Other financial charges652/9 | - | - | - | €0.1m | €0.3m | €0.2m | €0.2m | €0.4m | ▲ 104% |
| Non-recurring financial charges66B | - | - | - | - | €0.6m | €0.7m | - | - | - |
| Profit (loss) for the period before taxes9903 | €3.2m | €3.0m | €3.2m | €4.8m | €4.0m | €12.8m | €16.0m | €10.2m | ▼ 36.2% |
| Income taxes67/77 | €0.4m | €0.3m | €0.5m | €0.8m | €0.5m | €2.2m | €2.6m | €1.1m | ▼ 57.8% |
| Taxes670/3 | - | - | - | €0.8m | €0.5m | €2.3m | €2.7m | €1.3m | ▼ 50.8% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.02m | - | €0.1m | €0.03m | €0.2m | ▲ 674% |
| Profit (loss) for the period9904 | €2.8m | €2.7m | €2.7m | €4.0m | €3.4m | €10.6m | €13.3m | €9.1m | ▼ 31.9% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.5m | €0.4m | - | €1.0m | €1.5m | ▲ 52.2% |
| Transfer to tax-exempt reserves689 | - | - | - | €1.5m | €1.6m | - | €1.0m | €1.0m | = |
| Profit (loss) for the period to be appropriated9905 | €2.5m | €2.7m | €1.8m | €3.1m | €2.2m | €10.6m | €13.3m | €9.6m | ▼ 28.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €15.5m | €13.3m | €15.9m | €20.1m | €27.7m | €26.4m | €42.9m | €51.3m | ▲ 19.8% |
| Fixed assets21/28 | €0.4m | €0.5m | €0.4m | €0.4m | €1.7m | €1.9m | €2.5m | €2.8m | ▲ 12.5% |
| Intangible fixed assets21 | - | - | - | - | €0.7m | €0.5m | €0.4m | €0.3m | ▼ 33.3% |
| Tangible fixed assets22/27 | €0.4m | €0.5m | €0.4m | €0.4m | €0.3m | €0.7m | €1.2m | €1.7m | ▲ 36.0% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.4m | €0.3m | €0.7m | €1.2m | €1.7m | ▲ 36.0% |
| Financial fixed assets28 | €0.05m | €0.05m | €0.05m | €0.05m | €0.7m | €0.7m | €0.9m | €0.9m | = |
| Affiliated companies280/1 | - | - | - | €0.05m | €0.7m | €0.7m | €0.9m | €0.9m | = |
| Participating interests280 | - | - | - | €0.05m | €0.7m | €0.7m | €0.9m | €0.9m | = |
| Current assets29/58 | €15.1m | €12.7m | €15.5m | €19.7m | €26.0m | €24.5m | €40.3m | €48.5m | ▲ 20.2% |
| Amounts receivable after more than one year29 | - | - | - | €0.2m | €1.6m | €1.1m | €1.1m | €1.5m | ▲ 36.4% |
| Trade receivables290 | - | - | - | - | €1.4m | €1.1m | €1.1m | €1.5m | ▲ 36.4% |
| Other amounts receivable291 | - | - | - | €0.2m | €0.2m | - | - | - | - |
| Stocks and contracts in progress3 | €3.3m | €2.5m | €2.7m | €4.4m | €7.6m | €9.2m | €11.4m | €8.0m | ▼ 30.0% |
| Stocks30/36 | - | - | - | €3.6m | €7.1m | €8.4m | €10.7m | €7.6m | ▼ 28.8% |
| Raw materials and consumables30/31 | - | - | - | €1.2m | €3.2m | €2.9m | €2.7m | €1.8m | ▼ 31.1% |
| Work in progress32 | - | - | - | €0.4m | €0.4m | €0.7m | €1.1m | €1.0m | ▼ 4.3% |
| Finished goods33 | - | - | - | €1.8m | €3.1m | €4.0m | €6.2m | €4.3m | ▼ 30.6% |
| Goods purchased for resale34 | - | - | - | €0.1m | €0.4m | €0.9m | €0.7m | €0.4m | ▼ 41.4% |
| Contracts in progress37 | - | - | - | €0.8m | €0.5m | €0.8m | €0.7m | €0.4m | ▼ 46.4% |
| Amounts receivable within one year40/41 | €4.2m | €3.9m | €4.6m | €5.3m | €8.7m | €7.6m | €10.7m | €9.9m | ▼ 7.1% |
| Trade receivables40 | - | - | - | €5.1m | €7.7m | €6.4m | €9.7m | €9.0m | ▼ 6.4% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.9m | €1.2m | €1.0m | €0.9m | ▼ 13.8% |
| Current investments50/53 | - | - | - | - | - | - | €13.0m | - | - |
| Other investments51/53 | - | - | - | - | - | - | €13.0m | - | - |
| Cash at bank and in hand54/58 | €6.7m | €5.4m | €7.3m | €9.8m | €8.0m | €6.5m | €4.1m | €28.8m | ▲ 610% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.05m | €0.1m | €0.1m | €0.3m | ▲ 210% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €15.5m | €13.3m | €15.9m | €20.1m | €27.7m | €26.4m | €42.9m | €51.3m | ▲ 19.8% |
| Equity10/15 | €9.0m | €7.2m | €10.0m | €14.0m | €17.4m | €16.0m | €31.2m | €40.2m | ▲ 29.2% |
| Contributions10/11 | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.6m | €0.6m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | €0.6m | €0.6m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | €0.6m | €0.6m | = |
| Reserves13 | €2.0m | €2.0m | €3.0m | €4.4m | €6.0m | €4.1m | €5.3m | €6.3m | ▲ 18.9% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | €0.06m | €0.06m | = |
| Legal reserve130 | - | - | - | €0.03m | €0.03m | €0.03m | €0.06m | €0.06m | = |
| Tax-exempt reserves132 | - | - | - | €2.8m | €4.0m | €4.0m | €4.1m | €3.6m | ▼ 11.6% |
| Distributable reserves133 | - | - | - | €1.6m | €2.0m | - | €1.2m | €2.6m | ▲ 127% |
| Profit (loss) carried forward14 | €6.6m | €4.9m | €6.7m | €9.3m | €11.1m | €11.6m | €25.3m | €33.4m | ▲ 32.0% |
| Provisions and deferred taxes16 | €0.8m | €1.0m | €0.8m | €0.9m | €1.1m | €1.5m | €1.9m | €1.8m | ▼ 4.9% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.9m | €1.1m | €1.5m | €1.9m | €1.8m | ▼ 4.9% |
| Pensions and similar obligations160 | - | - | - | €0.004m | €0.003m | €0.002m | €0.001m | €0.001m | = |
| Other liabilities and charges164/5 | - | - | - | €0.9m | €1.1m | €1.5m | €1.9m | €1.8m | ▼ 4.9% |
| Amounts payable17/49 | €5.7m | €5.1m | €5.1m | €5.2m | €9.1m | €8.9m | €9.8m | €9.3m | ▼ 5.4% |
| Amounts payable after more than one year17 | - | - | - | - | - | €1.0m | €0.6m | €0.1m | ▼ 80.0% |
| Financial debts170/4 | - | - | - | - | - | €1.0m | €0.6m | €0.1m | ▼ 80.0% |
| Credit institutions173 | - | - | - | - | - | €1.0m | €0.6m | €0.1m | ▼ 80.0% |
| Amounts payable within one year42/48 | €5.4m | €4.8m | €5.0m | €5.2m | €9.1m | €7.7m | €9.0m | €9.0m | ▼ 0.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €0.5m | €0.5m | €0.5m | = |
| Trade debts44 | €3.6m | €3.6m | €3.1m | €3.5m | €5.0m | €3.2m | €4.9m | €4.9m | ▼ 1.0% |
| Suppliers440/4 | - | - | - | €3.5m | €5.0m | €3.2m | €4.9m | €4.9m | ▼ 1.0% |
| Advances received on contracts in progress46 | - | - | - | €0.7m | €0.4m | €1.8m | €1.1m | €1.0m | ▼ 9.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.7m | €0.9m | €1.7m | €2.0m | €2.2m | ▲ 5.9% |
| Taxes450/3 | - | - | - | €0.08m | €0.1m | €0.8m | €0.2m | €0.3m | ▲ 29.1% |
| Remuneration and social security454/9 | - | - | - | €0.6m | €0.8m | €0.9m | €1.8m | €1.9m | ▲ 3.3% |
| Other amounts payable47/48 | - | - | - | €0.4m | €2.7m | €0.6m | €0.6m | €0.5m | ▼ 0.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.004m | €0.02m | €0.2m | €0.2m | €0.1m | ▼ 27.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.8m | €2.7m | €2.7m | €4.0m | €3.4m | €10.6m | €13.3m | €9.1m | ▼ 31.9% |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.3m | €0.5m | €0.6m | ▲ 18.1% |
| Operating cash flow (approximation) | €3.0m | €2.9m | €2.9m | €4.2m | €3.6m | €10.9m | €13.8m | €9.6m | ▼ 30.2% |
| Investment in fixed assets (approximation) | - | -€0.3m | -€0.07m | -€0.1m | -€1.4m | -€0.5m | -€1.1m | -€0.9m | ▲ 18.4% |
| Change in cash | - | -€1.3m | €1.8m | €2.5m | -€1.8m | -€1.6m | -€2.4m | €24.7m | - |
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 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 29-06-2026 | 2026-00229494 |
| 31-12-2024 | full format | 08-07-2025 | 2025-00254228 |
| 31-12-2023 | full format | 18-07-2024 | 2024-00260977 |
| 31-12-2022 | full format | 13-07-2023 | 2023-00242057 |
| 31-12-2021 | full format | 15-07-2022 | 2022-20209293 |
| 31-12-2020 | full format | 14-07-2021 | 2021-36000472 |
| 31-12-2019 | full format | 24-09-2020 | 2020-55900167 |
| 31-12-2018 | full format | 26-04-2019 | 2019-11300592 |
| 31-12-2017 | full format | 25-06-2018 | 2018-23100281 |
| 31-12-2016 | full format | 29-06-2017 | 2017-28000301 |
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Subsidies and aid
Flemish government
2024 to 2025 · 4 entries · €1.7m awarded · €502,000 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €919,276 | €390,000 |
| 2024 | 1 | €767,152 | €112,000 |
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2021 to 2022 · 94 entries · €6.0m in total| Year | Entries | Awarded |
|---|---|---|
| 2022 | 3 | €0.04m |
| 2021 | 91 | €5.9m |
Projects
CONFERENCE “LEADING THE DIGITAL DECADE” 1-2 JUNE 2021 - AUDIO-VISUAL EQUIPMENT AND CONFERENCE SERVICES
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CONFERENCE "EUROPEAN SUSTAINABLE INVESTMENT SUMMIT 2021", 7/10/2021, BRUSSELS - AUDIOVISUAL AND CONFERENCE EQUIPMENT AND CONFERENCE SERVICES
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CONFERENCE COOPERATION DAYS, 15-17/3/2021, BRUSSELS - PROVISION OF AUDIO VISUAL AND CONFERENCE SERVICES
AUDIOVISUAL MAINTENANCE TECHNICIAN WITH LESS THAN 5 YEARS OF EXPERIENCE
CONFERENCE BRUSSELS ECONOMIC FORUM 2021, 29/6/2021, BRUSSELS - AUDIO-VISUAL EQUIPMENT AND CONFERENCE SERVICES
CONFERENCE NEW TECHNIQUES AND TECHNOLOGIES FOR STATISTICS (NTTS) 2021, BRUSSELS, 9-11/03/2021 - AUDIO VISUAL EQUIPMENT AND OTHER CONFERENCE SERVICES
DEPANNAGE ET ENTRETIEN DES INSTALLATIONS
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European research
2 projects · €733,808 EU contributionProgrammes
Projects
mmWave Communications in the Built Environments
DISTRIBUTED MULTI-SENSOR SYSTEMS FOR HUMAN SAFETY AND HEALTH
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
no sitting director read yet, last change in 2024
No directors read yet: 3 of 20 Gazette acts processed. See the directors and other office holders in the KBO →
Mandate history
3 people since 2024, 0 in office
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| 3TEC |
|
| INADA |
|
| KORDAN |
|
Owners and capital
Owners
1 ownerChain of control
- DANVER
- TELEVIC
Highest known parent: DANVER. The sources do not say who stands above it.
Owners 1
- DANVERparentSourceaccounts DANVER 2025100%
According to the 2025 annual accounts of TELEVIC and those of the other companies, 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
Capital over the years
- 21-05-2024 Capital increase of €271,452.77 · to €571,452.77 · in kind
- 26-02-2024 Capital stated in 2 acts · €300,000 · 20,996 shares
Group and network
Holdings and subsidiaries
5 holdingsHoldings 5
Source for every holding own accounts 2025
- Media Vision SARLCHsubsidiaryEquity -CHF 935,970Result -CHF 89,342100%
- Media Vision The Conference Company SASFRsubsidiaryEquity -€143,409Result €8,555100%
- Televic Conference IndiaINsubsidiaryEquity INR 15.0mResult INR 85.9m100%
- Televic Conference USUSsubsidiaryEquity USD 3.3mResult USD 600,510100%
- TCS FranceFREquity €2.1mResult €296,30750%
According to the 2025 annual accounts of TELEVIC and those of the other companies, 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.
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
This company
Company
Director
Shareholding
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Acquisitions and mergers
1 transactionDemerger with:TELEVIC HEALTHCARE
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
financial year 2025 · full format
2025
08-07
NBB filing
Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial
Highest result from 2018 to 2025net €13.3m ▲26.1%
Operating result €15.5m, net result €13.3m, both a record.
31-12
Financial
Equity above €25mequity €31.2m ▲94.8%
A profit in every financial year since 2018 builds equity to €31.2m.
18-07
NBB filing
Annual accounts filed
financial year 2023 · full format
21-05
Gazette deed
Capital & shares · Name · RestructuringDemerger · Auditor report · Capital decrease16 facts ▸
Gazette deed
Capital & shares · Name · Restructuring
Demerger · Auditor report · Capital decrease16 facts ▸
- General meeting, 29-03-2024
- Other provision, “vrijstelling melding belangrijke wijzigingen activa en passiva, tussen datum voorstel tot partiële splitsing en datum buitengewone algemene vergadering” (deed in Dutch)
- Demerger, “aanvaarding uiteenzetting in voorstel”, 15-02-2024 (deed in Dutch)
- Other provision, “afstand verslaggeving bestuursorganen inzake partiële splitsing, met instemming enige aandeelhouder zowel te splitsen als verkrijgende vennootschap” (deed in Dutch)
- Other provision, “kennisname bijzonder verslag bestuursorgaan verkrijgende vennootschap inbreng in natura en uitgifte nieuwe aandelen, artikelen 7:179 §1 en 7:197 §1 WVV” (deed in Dutch)
- Auditor report, “geen bevindingen van materieel belang beschrijving,waardering,methode”, EUR (deed in Dutch)
- Demerger, “partiële splitsing, installaties,machines,uitrusting,meubilair,rollend materieel,personeel,voorraad,contracten,schulden,vorderingen,intellectuele eigendomsrecht…” (deed in Dutch)
- Capital decrease, €271,452.77
- Capital increase, €271,452.77
- Share issue, 2404, “zelfde als bestaande aandelen” (deed in Dutch)
- Other provision, “boekhoudkundige verwerking partiële splitsing, 3.D.” (deed in Dutch)
- Name change, TELEVIC
- +4 further facts in this act
26-02
Gazette deed
RestructuringDemerger · Incorporation · Power of attorney25 facts ▸
Gazette deed
Restructuring
Demerger · Incorporation · Power of attorney25 facts ▸
- Demerger, “activa- en passivabestanddelen zoals gedefinieerd in punt 9, HEALTHCARE PRODUCTS” (deed in Dutch)
- Incorporation, 29-04-2010 (2 times)
- Power of attorney, Lieven DANNEELS (2 times)
- Other provision, “TELEVIC CONFERENCE” (deed in Dutch)
- Capital, €934,000
- Capital, €300,000
- Share issue, 2404, “uitgifte en toekenning” (deed in Dutch)
- Other provision, 2404, “gelijkheid nieuwe aandelen” (deed in Dutch)
- Other provision, “opleg in geld” (deed in Dutch)
- Other provision, “op naam”, 2404 (deed in Dutch)
- Other provision, 2404, “winstdeelname nieuwe aandelen” (deed in Dutch)
- Accounting effect, 01-01-2024
- +13 further facts in this act
23-01
Gazette deed
Resignations: KORDAN, 3TEC and INADAPermanent representatives: Lieven Gerard Paul Corneel DANNEELS, Thomas Verstraeten and Bart DESCHODT · Purpose change · Amendment of the articles14 facts ▸
Gazette deed
Resignations: KORDAN, 3TEC and INADA
Permanent representatives: Lieven Gerard Paul Corneel DANNEELS, Thomas Verstraeten and Bart DESCHODT · Purpose change · Amendment of the articles14 facts ▸
- General meeting, 20-12-2023
- Other provision, “alle aandelen verenigd in één hand, artikel 2:8 §4 en artikel 2:14,4° Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Other provision, “kennisname verslag bestuursorgaan omtrent voorgenomen wijziging voorwerp” (deed in Dutch)
- Purpose change
- Amendment of the articles (2 times)
- Capital, €300,000
- Board meeting, “afschaffing directiecomité opgericht bij besluit 2011-09-01, met ingang van heden” (deed in Dutch)
- Director resignation, KORDAN (member of the executive committee)
- Permanent representative, Lieven Gerard Paul Corneel DANNEELS
- Director resignation, 3TEC (member of the executive committee)
- Permanent representative, Thomas Verstraeten
- Director resignation, INADA (member of the executive committee)
- +2 further facts in this act
2023
13-07
NBB filing
Annual accounts filed
financial year 2022 · full format
2022
15-07
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial
Equity above €10mequity €14.0m ▲40.4%
A profit in every financial year since 2018 builds equity to €14.0m.
14-07
NBB filing
Annual accounts filed
financial year 2020 · full format
Show earlier events
2020
24-09
NBB filing
Annual accounts filed
financial year 2019 · full format · 55 days late
2019
26-04
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
25-06
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
29-06
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
3 of 20 deeds read
About the unread acts
Of the 20 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Register details
Identification
Legal formPublic limited company
Founded29-04-2010
Financial year end31-12
Activities, NACEBEL 2025
26300Manufacture of computer, electronic and optical products
46500Wholesale of information and communication equipment
27900Manufacture of electrical equipment
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0825535920
Registered
01-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0825.535.920
Recognitions · licences · registrations
Legal Entity Identifier
96760047ZMYYYSK2MZ16
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2010
Ground area
9,289 m²
Building footprint
3,921 m²
Building volume
18,456 m³
Parcel 36009A0505/00A003, Flanders · tallest building 7.8 m. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
TELEVIC - TELEVIC CONFERENCE - TELEVIC HEALTHCARE
since 2010unit no. 2.187.394.936
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36009A0505/00A003 | Flanders | 9,289 m² | 1 · 3,921 m² | 7.8 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- TELEVIC CONFERENCE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Tuesday of June at 10:00