TELINVIA
ActiveSummary
TELINVIA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €934,014 and a net result of €305,412. Equity is growing by ~52.4% per year across the filed fiscal years. Its solvency ranks better than 36% of 4628 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability43▼-37
Solvency58▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.46 in 2023; short-term debt: 32% and cash: 0.2% of total assets), and 67.4% of the assets are financed with debt.
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Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 2024Solvency, return and age of the figures
Solvency
32.6%
Return on assets
10.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
83 d late
2023
79 d late
2022
10 d late
2021
106 d late
2020
117 d late
2019
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 91 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€168,000
EBIT margin
37.3%
Net result
€305,412▲ 22.4%
2023 · €249,511
Working capital
-€816,495▼ 89.6%
2023 · -€430,683
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€168,000
Operating result€62,718▼ 38.8%€81,875▲ 30.5%€138,044▲ 68.6%€382,159▲ 177%€80,650▼ 78.9%
Net result€49,012within the sector's middle half▼ 38.5%€101,696above the sector's middle half▲ 107%€104,269within the sector's middle half▲ 2.5%€249,511above the sector's middle half▲ 139%€305,412above the sector's middle half▲ 22.4%
EBIT margin37.3%
Equity€173,127within the sector's middle half▲ 39.5%€274,823above the sector's middle half▲ 58.7%€379,092within the sector's middle half▲ 37.9%€628,603above the sector's middle half▲ 65.8%€934,014within the sector's middle half▲ 48.6%
Total assets€1.1mwithin the sector's middle half▼ 1.3%€1.1mabove the sector's middle half▼ 2.5%€1.5mwithin the sector's middle half▲ 37.5%€2.8mabove the sector's middle half▲ 90.5%€2.9mwithin the sector's middle half▲ 1.7%
Debt€931,290▼ 6.4%€801,648▼ 13.9%€1.1m▲ 37.4%€2.2m▲ 98.9%€1.9m▼ 11.7%
Working capital-€502,758below the sector's middle half▼ 14.8%-€471,669below the sector's middle half▲ 6.2%-€796,020below the sector's middle half▼ 68.8%-€430,683below the sector's middle half▲ 45.9%-€816,495below the sector's middle half▼ 89.6%
Solvency15.7%below the sector's middle half▲ 4.6pp25.5%within the sector's middle half▲ 9.9pp25.6%within the sector's middle half▲ 0.1pp22.3%below the sector's middle half▼ 3.3pp32.6%within the sector's middle half▲ 10.3pp
Current ratio0.05below the sector's middle half=0.04below the sector's middle half▼ 0.020.03below the sector's middle half▼ 0.010.46below the sector's middle half▲ 0.440.11below the sector's middle half▼ 0.35
Return on assets (ROA)4.4%within the sector's middle half▼ 2.7pp9.4%within the sector's middle half▲ 5.0pp7.0%within the sector's middle half▼ 2.4pp8.8%within the sector's middle half▲ 1.8pp10.6%within the sector's middle half▲ 1.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Net result +139% on 2022. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 79% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.9m
Fixed assets
€2.8m ▲ 12.9%
Current assets
€101,232 ▼ 72.6%
Equity and liabilities €2.9m
Equity
€934,014 ▲ 48.6%
Debt
€1.9m ▼ 11.7%
Debt's share of the balance-sheet total falls from 77.7% to 67.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80,768▼
2023 · €382,183
Cash flow
€305,530▲
2023 · €249,535
Debt to equity
2.07▼
2023 · 3.49
ROE
32.7%▼
2023 · 39.7%
Interest coverage
1.34▼
2023 · 6.57
Debt ≤ 1 year
€917,727▲
2023 · €800,499
Debt > 1 year
€1.0m▼
2023 · €1.4m
Income taxes
€61,638▼
2023 · €74,619
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €168,000 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,312 | €18,312 | €18,736 | €24 | €118 | ▲ 390% |
| Other operating charges640/8 | - | €2,042 | €88 | €248 | €3,949 | ▲ 1,495% |
| Gross operating margin9900 | €81,114 | €102,229 | €156,868 | €382,430 | €84,717 | ▼ 77.8% |
| Operating profit (loss)9901 | €62,718 | €81,875 | €138,044 | €382,159 | €80,650 | ▼ 78.9% |
| Financial income75/76B | - | €50,031 | €4,020 | €145 | €346,849 | ▲ 239,387% |
| Recurring financial income75 | - | €50,031 | €4,020 | €145 | €346,849 | ▲ 239,387% |
| Financial charges65/66B | - | €13,244 | €8,767 | €58,173 | €60,449 | ▲ 3.9% |
| Recurring financial charges65 | €13,706 | €13,244 | €8,767 | €58,173 | €60,449 | ▲ 3.9% |
| Profit (loss) for the period before taxes9903 | €49,012 | €118,661 | €133,298 | €324,131 | €367,050 | ▲ 13.2% |
| Income taxes67/77 | - | €16,966 | €29,029 | €74,619 | €61,638 | ▼ 17.4% |
| Profit (loss) for the period9904 | €49,012 | €101,696 | €104,269 | €249,511 | €305,412 | ▲ 22.4% |
| Transfer to tax-exempt reserves689 | - | - | - | €122,090 | €99,777 | ▼ 18.3% |
| Profit (loss) for the period to be appropriated9905 | €49,012 | €101,696 | €104,269 | €127,421 | €205,635 | ▲ 61.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €1.5m | €2.8m | €2.9m | ▲ 1.7% |
| Fixed assets21/28 | €1.1m | €1.1m | €1.5m | €2.5m | €2.8m | ▲ 12.9% |
| Intangible fixed assets21 | €500 | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €35,648 | €17,836 | €24 | €0 | €1,150 | - |
| Furniture and vehicles24 | - | €236 | €24 | €0 | €1,150 | - |
| Leasing and similar rights25 | - | €17,600 | - | - | - | - |
| Financial fixed assets28 | €1.0m | €1.0m | €1.5m | €2.5m | €2.8m | ▲ 12.9% |
| Current assets29/58 | €28,269 | €18,634 | €21,724 | €369,816 | €101,232 | ▼ 72.6% |
| Amounts receivable within one year40/41 | €27,460 | €16,360 | €16,383 | €334,043 | €94,359 | ▼ 71.8% |
| Trade receivables40 | - | €16,360 | €16,383 | €16,360 | €6,680 | ▼ 59.2% |
| Other amounts receivable41 | - | - | - | €317,683 | €87,679 | ▼ 72.4% |
| Cash at bank and in hand54/58 | €809 | €2,164 | €2,875 | €32,071 | €6,856 | ▼ 78.6% |
| Deferred charges and accrued income490/1 | - | €110 | €2,467 | €3,702 | €16 | ▼ 99.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.5m | €2.8m | €2.9m | ▲ 1.7% |
| Equity10/15 | €173,127 | €274,823 | €379,092 | €628,603 | €934,014 | ▲ 48.6% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | - | €20,000 | €20,000 | - | - | - |
| Issued capital100 | - | €20,000 | €20,000 | - | - | - |
| Reserves13 | €5,100 | €5,100 | €5,100 | €127,190 | €226,967 | ▲ 78.4% |
| Non-distributable reserves130/1 | - | €5,100 | €5,100 | €5,100 | €5,100 | = |
| Legal reserve130 | - | €5,100 | €5,100 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €5,100 | €5,100 | = |
| Tax-exempt reserves132 | - | - | - | €122,090 | €221,867 | ▲ 81.7% |
| Profit (loss) carried forward14 | €148,027 | €249,723 | €353,992 | €481,413 | €687,047 | ▲ 42.7% |
| Amounts payable17/49 | €931,290 | €801,648 | €1.1m | €2.2m | €1.9m | ▼ 11.7% |
| Amounts payable after more than one year17 | €400,263 | €311,344 | €264,302 | €1.4m | €1.0m | ▼ 27.0% |
| Financial debts170/4 | - | €311,344 | €264,302 | €1.4m | €1.0m | ▼ 27.0% |
| Amounts payable within one year42/48 | €531,027 | €490,303 | €817,744 | €800,499 | €917,727 | ▲ 14.6% |
| Current portion of amounts payable after more than one year42 | - | €143,278 | €125,501 | €303,622 | €393,145 | ▲ 29.5% |
| Financial debts43 | - | - | - | €24,000 | €24,000 | = |
| Credit institutions430/8 | - | - | - | €24,000 | €24,000 | = |
| Trade debts44 | €15,610 | €12,013 | €14,515 | €15,738 | €13,939 | ▼ 11.4% |
| Suppliers440/4 | - | €12,013 | €14,515 | €15,738 | €13,939 | ▼ 11.4% |
| Taxes, remuneration and social security45 | - | €27,326 | €39,747 | €41,127 | €19,703 | ▼ 52.1% |
| Taxes450/3 | - | €24,362 | €35,440 | €36,820 | €15,396 | ▼ 58.2% |
| Remuneration and social security454/9 | - | €2,964 | €4,306 | €4,306 | €4,306 | = |
| Other amounts payable47/48 | - | €307,687 | €637,981 | €416,012 | €466,940 | ▲ 12.2% |
| Accrued charges and deferred income492/3 | - | - | €19,360 | €197 | €968 | ▲ 390% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,012 | €101,696 | €104,269 | €249,511 | €305,412 | ▲ 22.4% |
| + Depreciation and write-downs630 | €18,312 | €18,312 | €18,736 | €24 | €118 | ▲ 390% |
| Operating cash flow (approximation) | €67,324 | €120,008 | €123,005 | €249,535 | €305,530 | ▲ 22.4% |
| Investment in fixed assets (approximation) | - | -€0 | -€419,674 | -€991,250 | -€316,943 | ▲ 68.0% |
| Change in cash | - | €1,355 | €711 | €29,196 | -€25,215 | ▼ 186% |
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
2026
22-09
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 83 days late
2024
31-12
Financial
Highest result since 2018net €305,412 ▲22.4%
Net result €305,412, the highest in the series.
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 79 days late
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 10 days late
2023
31-12
Financial
Equity above €500,000Eq €628,603 ▲65.8%
6 profitable years in a row build equity to €628,603.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
2021
31-12
Financial
Equity above €200,000Eq €274,823 ▲58.7%
4 profitable years in a row build equity to €274,823.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 117 days late
2020
31-12
Financial
Equity above €150,000Eq €173,127 ▲39.5%
3 profitable years in a row build equity to €173,127.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 153 days late
2019
31-12
Financial
Equity above €100,000Eq €124,116 ▲159%
2 profitable years in a row build equity to €124,116.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Mont-Saint-Guibert · 1 establishment unit since 2008
Ground area
2,126 m²
Building footprint
165 m²
Volume, LiDAR
862 m³
Parcel 25040A0071/00G003, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TELINVIA
since 20082.173.201.955
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25040A0071/00G003 | Wallonia | 2,126 m² | 1 · 165 m² | 6.5 m · 2 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.
Structure & network
Owners and holdings
4 holdings · 4 subsidiaries in the treeOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 4
-
100%
-
75%
-
100%
-
100%
All subsidiaries, including indirect ones 4
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- MAEHDROS 100%
VERIXI 75%2 subsidiaries
- S.R. INVEST 100%
- TORNADO TELECOM 100%
According to the 2024 annual accounts of TELINVIA and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 28,612 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
Contact
E-mail
piery.garot@telinvia.comMont-Saint-Guibert
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899666288
Also
9925:BE0899666288
Registered
21-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.