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TELFORCE

Active Private limited companyfounded 2006active for 20 yearsNijverheidslaan 73, 9250 WaasmunsterKBO/BCE: BE 0879.762.185 #4 company by equity in Waasmunster, Telecoms and IT sector

Annual accounts 2025

micro format, filed on 29-07-2026, 2 days before the deadline
€214,009
▲ 7.4%
€146,037
▲ 153%
€109,544
▲ 187%
€612,461
▲ 16.3%
80.6%
▲ 8.6 percentage points
6.29
▲ 1.39

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €310,000. Estimated: probably between €270,000 and €450,000.

Balance sheet

balance sheet total €729,870 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

80.6%

Higher than 76% of 21,206 companies in 2025.

6.29

Higher than 81% of 20,569 companies in 2025.

15.0%

Higher than 44% of 20,744 companies in 2025.

TELFORCE Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 729,870664,455544,693505,808444,731445,974390,224219,461231,982186,804168,879122,975115,704104,80296,99677,81073,86447,398
21/28 1,7202,74016,22734,86550,22466,86289,49212,68711,22217,43816,53315,87623,06834,03333,41633,1499,33110,118
21 ----20,00060,00080,000-----------
22/27 1,7202,74015,43734,07529,4346,0728,70211,89710,43216,64815,74315,08622,27833,24332,62633,1499,33110,118
23 1,7202,590-6642,7064,3526,1222,9324,8826,8484,6439674,9487,5407,5097,4568,2679,941
24 -15015,43733,41026,7291,7202,5808,9655,5509,80011,10014,11917,33025,70325,11725,6931,064177
28 --790790790790790790790790790790790790790---
29/58 728,150661,715528,466470,943394,507379,112300,732206,774220,760169,366152,346107,09992,63670,76963,58044,66064,53337,280
3 ---------4,5456,890----3,1123,1128,900
30/36 ---------4,5456,890----3,1123,1128,900
40/41 719,925648,922485,879430,750359,105375,474270,306177,827181,926132,383120,259104,07190,11965,15755,32841,54861,32526,407
40 92,80677,09614,38427,65036,335171,285142,013159,833163,931114,388101,41466,12453,02140,67155,32837,34159,41825,941
41 627,119571,825471,495403,100322,770204,189128,29317,99417,99517,99518,84537,94737,09824,486-4,2071,907466
54/58 5,27311,466------5,6964,21024,1695172473,518--961,602
490/1 2,9521,32842,58740,19335,4033,63830,42628,94733,13828,2281,0282,5112,2702,0948,252--371
Balance sheet: equity and liabilities
10/49 729,870664,455544,693505,808444,731445,974390,224219,461231,982186,804168,879122,975115,704104,80296,99677,81073,86447,398
10/15 588,197478,653440,544363,641289,414192,222155,562121,85998,07566,76358,80940,55434,99038,84021,742-7,22230,2529,842
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,6009,0009,0009,000
100 -----18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ---------------9,6009,6009,600
13 421,860421,860421,860344,860269,860170,960135,960102,96077,96047,96037,96020,46017,96017,9601,8601,8601,860400
130/1 -1,8601,8601,8601,860-------------
130 -----1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860400
1311 -1,8601,8601,8601,860-------------
132 -----11,10011,10011,10011,10011,10011,10011,1008,6008,600----
133 421,860420,000420,000343,000268,000158,000123,00090,00065,00035,00025,0007,5007,5007,500----
14 147,73738,193841819542,6621,0022991,5152032,2491,494-1,5702,2801,282-18,08219,392442
17/49 141,673185,802104,148142,167155,317253,752234,66297,602133,907120,041110,07082,42180,71465,96275,25485,03243,61237,557
17 --11,70225,66741,10583,976110,84112,43023,71835,32326,43719,90227,22810,35816,47323,8194,7667,834
170/4 --11,70225,66741,10583,976110,84112,43023,71835,32326,43719,90227,22810,35816,47323,8194,7667,834
42/48 115,689135,05189,626116,500113,667161,706123,82185,172110,18984,71883,63362,51940,50746,70056,68961,21338,84629,722
42 -11,70215,21616,65421,72726,86526,16511,28848,30429,09224,12411,2428,7166,1157,4788,7353,0682,919
43 19,93219,86045,89032,11636,68656,50225,70337,33118,66611,6186,5549,8329,59124,91030,72118,5332,000-
430/8 19,93219,86045,89032,11636,68656,50225,70337,33118,66611,6186,5549,8329,59124,91030,72118,5332,000-
44 28,97730,9623675,89019,07234,10649,71834,52135,85325,56435,02930,5569,21211,67211,34527,88723,82718,022
440/4 28,97730,9623675,89019,07234,10649,71834,52135,85325,56435,02930,5569,21211,67211,34527,88723,82718,022
45 61,14065,51220,84054,46128,80332,37318,8562,0327,36618,44417,92610,88912,9884,0036,5104,3505,9742,828
450/3 48,97853,76116,91248,07925,34832,37318,8562,0327,36615,00517,92610,88912,9884,0036,510-4,524178
454/9 12,16211,7513,9276,3823,454----3,439-----4,3501,4502,650
47/48 5,6407,0147,3147,3797,37911,8603,379-------6351,7083,9775,953
492/3 25,98450,7512,820-5468,070------12,9798,9042,092---
Income statement
76A ----------------2,816-
9900 214,009199,289197,387208,221137,884149,72993,28057,53166,30434,49264,06316,98414,52937,62130,548-22,42124,7149,459
62 56,87564,77354,17451,88050,48062,1193,648-2,178121--------
630 1,0206,45021,76235,51627,84424,00230,5169,5887,3906,9984,3053,5199,30310,8543,7937,5123,6992,496
640/8 10,07770,3315,2055,4894,3545,4494,7622,7212,5633,66726,6411,6593,1811,4941,7027127014,622
9901 146,03757,735116,246115,33755,20658,15954,35445,22254,17323,70633,11711,8062,04525,27325,053-30,64420,3142,341
75/76B 1,286----187--160-----591271199
75 1,286----187--160-----591271199
65/66B 2,3465,5969,9459,7158,7688,4888,3386,0817,8628,6082,8621,5022,9607,9755,6892,3012,4311,697
65 2,3465,5969,9459,7158,7688,4888,3386,0817,8628,6082,8621,5022,9607,9755,6892,3012,4311,697
9903 144,97752,139106,300105,62246,43849,67246,10339,14146,31115,25830,25510,304-91517,29819,364-32,35420,971843
67/77 35,43314,03129,39731,39515,17613,01212,40015,35715,0007,30412,0004,7402,935200-5,1205611
9904 109,54438,10976,90374,22731,26236,66033,70323,78431,3117,95418,2555,564-3,85017,09819,364-37,47420,410842
789 ----11,100-------------
689 -----------2,500-8,600----
9905 109,54438,10976,90374,22742,36236,66033,70323,78431,3117,95418,2553,064-3,8508,49819,364-37,47420,410842
Appropriation of the result
9906 147,73738,19377,08475,18145,95437,66234,00225,29931,51510,20319,7491,494-1,5709,7801,282-18,08220,852842
14P 38,193841819543,592-------------
691/2 --77,00075,00045,00035,00033,00025,00030,00010,00017,500--7,500--1,460400
691 ----------17,500-------
6920 ----------------1,460400
6921 --77,00075,00045,00035,00033,00025,00030,00010,000---7,500----
Social balance sheet
9087 --1--1.7------------
Hours worked1013 --1,862--2,656------------
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The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-07-2026 2026-00350363 PDF
31-12-2024 micro format 25-07-2025 2025-00312733 PDF
31-12-2023 micro format 23-08-2024 2024-00361788 PDF
31-12-2022 micro format 19-09-2023 2023-00448431 PDF
31-12-2021 micro format 29-06-2022 2022-20104211 PDF
31-12-2019 micro format 31-08-2020 2020-46900115 PDF
31-12-2018 micro format 12-07-2019 2019-31100346 PDF
31-12-2017 abbreviated format 29-06-2018 2018-24700523 PDF
31-12-2016 abbreviated format 08-08-2017 2017-41400591 PDF
31-12-2015 abbreviated format 09-06-2016 2016-16100099 PDF
31-12-2014 abbreviated format 18-05-2015 2015-11900206 PDF
31-12-2013 abbreviated format 14-07-2014 2014-29400434 PDF
31-12-2012 abbreviated format 19-09-2013 2013-58700530 PDF
31-12-2011 abbreviated format 28-06-2012 2012-25600372 PDF
31-12-2010 abbreviated format 04-08-2011 2011-38200371 PDF
31-12-2009 abbreviated format 01-06-2010 2010-14400063 PDF
31-12-2008 abbreviated format 16-07-2009 2009-43600158 PDF
31-12-2007 abbreviated format 21-07-2008 2008-45400056 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212019201820172016201520142013201220112010200920082007
147,05664,185138,008150,85383,05082,16184,87054,81061,56330,70437,42215,32511,34836,12728,846-23,13224,0134,838
110,56444,55898,665109,74359,10660,66264,21933,37238,70114,95222,5609,0835,45327,95223,157-29,96224,1093,338
02,6093,12420,15629,7781,372107,32111,0531,1747,9034,9624322,10411,4714,06031,3312,91112,615
-6,193-------1,486-19,95923,652270-3,271----1,506-
612,461526,665438,839354,443280,841217,406176,911121,602110,57184,64868,71344,58052,12924,0696,891-16,55225,6887,558
80.6%72.0%80.9%71.9%65.1%43.1%39.9%55.5%42.3%35.7%34.8%33.0%30.2%37.1%22.4%-9.3%41.0%20.8%
6.294.905.904.043.472.342.432.432.002.001.821.712.291.521.120.731.661.25
6.294.905.904.043.472.342.432.432.001.951.741.712.291.521.120.681.580.95
0.240.390.240.390.541.321.510.801.371.801.872.032.311.703.46-1.443.82
18.6%8.0%17.5%20.4%10.8%19.1%21.7%19.5%31.9%11.9%31.0%13.7%-11.0%44.0%89.1%-67.5%8.6%
15.0%5.7%14.1%14.7%7.0%8.2%8.6%10.8%13.5%4.3%10.8%4.5%-3.3%16.3%20.0%-48.2%27.6%1.8%
62.6811.4713.8815.539.47-------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2023
Employees at the balance-sheet date1
full-time1
in full-time equivalents1
1
On a permanent contract1

Source: social balance sheet in the 2023 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€2,609€3,124€20,156€29,778
€1,020€6,450€21,762€35,516€27,844

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on TELFORCE

The operating result for 2025 is 153% higher than in 2024 and the highest since 2007. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 28.0% to 19.4%. Equity is higher and debt is lower.

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