TELIGATE
ActiveSummary
TELIGATE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €249k and a net result of €9k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 681 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-10
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
cash: 74.2% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
100%
Return on assets
3.5%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
24 d early
2023
52 d early
2022
58 d early
2021
55 d early
2020
55 d early
2019
47 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▼ 68.6%
2024 · €28k
2018: €14k
2019: €22k▲ +54.1% vs 2018
2020: €17k▼ -21.3% vs 2019
2021: €22k▲ +28.8% vs 2020
2022: €25k▲ +14.8% vs 2021
2023: €10k▼ -59.4% vs 2022
2024: €28k▲ +175% vs 2023highest in 8 years
2025: €9k▼ -68.6% vs 2024lowest in 8 years
2018 → 2025
Working capital
€237k▲ 13.9%
2023 · €208k
2018: €113klowest in 7 years
2019: €125k▲ +10.6% vs 2018
2020: €144k▲ +15.3% vs 2019
2021: €168k▲ +16.3% vs 2020
2022: €195k▲ +16.0% vs 2021
2023: €208k▲ +7.0% vs 2022
2024: €237k▲ +13.9% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€177k-€202k▲ 14.2%€212k▲ 5.0%€240k▲ 13.2%€249k▲ 3.7%
2021: €177klowest in 5 years
2022: €202k▲ +14.2% vs 2021
2023: €212k▲ +5.0% vs 2022
2024: €240k▲ +13.2% vs 2023
2025: €249k▲ +3.7% vs 2024highest in 5 years
Operating result€22k-€25k▲ 14.1%€10k▼ 59.6%€28k▲ 171%€8k▼ 70.4%
2021: €22k
2022: €25k▲ +14.1% vs 2021
2023: €10k▼ -59.6% vs 2022
2024: €28k▲ +171% vs 2023highest in 5 years
2025: €8k▼ -70.4% vs 2024lowest in 5 years
Net result€22k-€25k▲ 14.8%€10k▼ 59.4%€28k▲ 175%€9k▼ 68.6%
2021: €22k
2022: €25k▲ +14.8% vs 2021
2023: €10k▼ -59.4% vs 2022
2024: €28k▲ +175% vs 2023highest in 5 years
2025: €9k▼ -68.6% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 70% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €249k
Fixed assets
€3k ▲ 5.1%
Current assets
€246k ▲ 2.0%
Key figures and ratios
EBITDA
€9k▼
2024 · €29k
Cash flow
€9k▼
2024 · €29k
Solvency
100.0%▲
2024 · 98.4%
ROE
3.5%▼
2024 · 11.7%
ROA
3.5%▼
2024 · 11.5%
Interest coverage
29.16▼
2024 · 73.10
Income taxes
€244▼
2024 · €322
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€244k€249k▲
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€701€869▲
Furniture and vehicles24€701€869▲
Financial fixed assets28€3k€3k=
Current assets29/58€241k€246k▲
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€10k€53k▲
Other amounts receivable41€10k€53k▲
Cash at bank and in hand54/58€225k€185k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€244k€249k▲
Equity10/15€240k€249k▲
Profit (loss) carried forward14€240k€249k▲
Amounts payable17/49€4k-
Amounts payable within one year42/48€4k-
Trade debts44€734-
Suppliers440/4€734-
Taxes, remuneration and social security45€618-
Taxes450/3€618-
Other amounts payable47/48€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€784€327▼
Other operating charges640/8€465€292▼
Gross operating margin9900€29k€9k▼
Operating profit (loss)9901€28k€8k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€390€293▼
Recurring financial charges65€390€293▼
Profit (loss) for the period before taxes9903€28k€9k▼
Income taxes67/77€322€244▼
Profit (loss) for the period9904€28k€9k▼
Profit (loss) for the period to be appropriated9905€28k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€240k€249k▲
Profit (loss) brought forward from the previous period14P€212k€240k▲
The notes to these accounts (7 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €3k | €3k | €784 | €327 | ▼ 58.3% |
| Other operating charges640/8 | €246 | €248 | €316 | €465 | €292 | ▼ 37.2% |
| Gross operating margin9900 | €26k | €29k | €14k | €29k | €9k | ▼ 69.5% |
| Operating profit (loss)9901 | €22k | €25k | €10k | €28k | €8k | ▼ 70.4% |
| Financial income75/76B | €28 | €96 | €235 | €1k | €1k | ▲ 4.6% |
| Recurring financial income75 | €28 | €96 | €235 | €1k | €1k | ▲ 4.6% |
| Financial charges65/66B | €338 | €305 | €279 | €390 | €293 | ▼ 24.9% |
| Recurring financial charges65 | €338 | €305 | €279 | €390 | €293 | ▼ 24.9% |
| Profit (loss) for the period before taxes9903 | €22k | €25k | €10k | €28k | €9k | ▼ 68.1% |
| Income taxes67/77 | - | - | - | €322 | €244 | ▼ 24.3% |
| Profit (loss) for the period9904 | €22k | €25k | €10k | €28k | €9k | ▼ 68.6% |
| Profit (loss) for the period to be appropriated9905 | €22k | €25k | €10k | €28k | €9k | ▼ 68.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €185k | €204k | €215k | €244k | €249k | ▲ 2.0% |
| Fixed assets21/28 | €9k | €7k | €4k | €3k | €3k | ▲ 5.1% |
| Tangible fixed assets22/27 | €7k | €5k | €1k | €701 | €869 | ▲ 23.9% |
| Furniture and vehicles24 | €7k | €5k | €1k | €701 | €869 | ▲ 23.9% |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €175k | €196k | €210k | €241k | €246k | ▲ 2.0% |
| Stocks and contracts in progress3 | €3k | €2k | €2k | €4k | €5k | ▲ 15.4% |
| Stocks30/36 | €3k | €2k | €2k | €4k | €5k | ▲ 15.4% |
| Amounts receivable within one year40/41 | €8k | €6k | €6k | €10k | €53k | ▲ 456% |
| Other amounts receivable41 | €8k | €6k | €6k | €10k | €53k | ▲ 456% |
| Cash at bank and in hand54/58 | €163k | €187k | €201k | €225k | €185k | ▼ 17.7% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €2k | €2k | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €185k | €204k | €215k | €244k | €249k | ▲ 2.0% |
| Equity10/15 | €177k | €202k | €212k | €240k | €249k | ▲ 3.7% |
| Profit (loss) carried forward14 | €177k | €202k | €212k | €240k | €249k | ▲ 3.7% |
| Amounts payable17/49 | €8k | €2k | €2k | €4k | - | - |
| Amounts payable within one year42/48 | €8k | €2k | €2k | €4k | - | - |
| Trade debts44 | - | €29 | - | €734 | - | - |
| Suppliers440/4 | - | €29 | - | €734 | - | - |
| Taxes, remuneration and social security45 | €746 | €396 | €77 | €618 | - | - |
| Taxes450/3 | €746 | €396 | €77 | €618 | - | - |
| Other amounts payable47/48 | - | - | - | €3k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €25k | €10k | €28k | €9k | ▼ 68.6% |
| + Depreciation and write-downs630 | €4k | €3k | €3k | €784 | €327 | ▼ 58.3% |
| Operating cash flow (approximation) | €26k | €28k | €14k | €29k | €9k | ▼ 68.4% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €0 | €-495 | ▼ 198,040% |
| Change in cash | - | €23k | €14k | €24k | €-40k | ▼ 265% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €9k ▼68.6%
Net result drops to €9k, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €28k ▲175%
Operating result €28k, net result €28k, both a record.
09-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 112.10
Current ratio from 23.01 to 112.10; short-term debt falls from €8k to €2k.
31-12
Financial
Equity above €200kEq €202k ▲14.2%
5 profitable years in a row build equity to €202k.
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €150kEq €155k ▲12.3%
3 profitable years in a row build equity to €155k.
14-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
09-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Watermaal-Bosvoorde
Ground area
279 m²
Building footprint
65 m²
Volume, LiDAR
590 m³
Parcel 21652E0128/00L002, Brussels · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0128/00L002 | Brussels | 279 m² | 1 · 65 m² | 12.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,112 companies in sector 58110 we hold annual accounts for 363. 247 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded22-08-2003
Fiscal year end31-12
Activities, NACEBEL 2025
58110Book publishing
46491Wholesale trade
47621Retail sale of newspapers and periodicals
58130Publishing activities
Scores and ratios are computed by Checked and are not a credit decision.