Telis Diffusion

Active

Private limited company (pre-2019)founded 198837 yrs activeSint-Jobsesteenweg 761, 1180 Ukkel, BelgiumKBO/BCE: BE 0435.653.922

Telis Diffusion has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 10289 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

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Checked score

Score 2025

59 / 100

Fair

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

Axes · tick = 2024

Profitability80▲+80

Solvency36▲+9

Growth85▲+17

Track record100

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity tight (current ratio 1.09 against 1.11 in 2024; short-term debt: 30.6% and cash: 1.1% of total assets), and 89.4% 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

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

−lowers risk+raises risk○neutral

Higher-failure-rate region

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

KBO · registered office

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

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

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

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

10.6%

Return on assets

8.8%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 10289 sector peers (2025).

NBB · sector comparison

Position among 10289 sector peers

Solvency

better than 20%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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 · 10 filings

Deviation from the deadline

2025

45 d late

2024

60 d late

2023

84 d late

2022

249 d late

2021

66 d late

2020

31 d late

2019

130 d late

← before the deadline after the deadline →

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 months

Position in the running window

18-09-2026 today31-12-2026 close31-07-2027 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 2025, abbreviated schema

Turnover

€510k▲ 518%

2019 · €83k

2018: €86k 2019: €83k

2018 → 2020

EBIT margin

14.2%▲ 13.6pp

2019 · 0.5%

2018: 1.9% 2019: 0.5%

2018 → 2020

Net result

€28k

2024 · €-142k

2018: €-23k 2019: €856 2020: €73k 2021: €-13k 2022: €108k 2023: €20k 2024: €-142k

2018 → 2025

Working capital

€9k▼ 22.4%

2024 · €12k

2018: €-42k 2019: €-44k 2020: €25k 2021: €-42k 2022: €85k 2023: €73k 2024: €12k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€19k-€128k▲ 566%€148k▲ 15.8%€6k▼ 96.1%€34k▲ 492%

Operating result€3k-€153k▲ 5,429%€35k▼ 76.9%€-34k€34k

Net result€-13k-€108k€20k▼ 81.4%€-142k€28k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €34k after a loss of €34k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €322k

66.6%

33.4%

Fixed assets €215k▲ 0.7%

Current assets €107k▼ 9.3%

Equity and liabilities €322k

11%

10%

79.8%

Equity €34k▲ 492%

Provisions €31k▼ 4.5%

Debt €257k▼ 12.4%

The debt ratio falls from 88.5% to 79.8%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€42k▲

2024 · €-23k

Cash flow

€37k▲

2024 · €-131k

Solvency

10.6%▲

2024 · 1.7%

Current ratio

1.09▼

2024 · 1.11

Quick ratio

1.09▼

2024 · 1.11

Debt / equity

7.51▼

2024 · 50.79

ROE

83.1%

ROA

8.8%▲

2024 · -42.9%

Interest coverage

7.52▲

2024 · -3.58

Debt

€257k▼

2024 · €293k

Debt ≤ 1 year

€98k▼

2024 · €107k

Debt > 1 year

€158k▼

2024 · €186k

Income taxes

€11k▲

2024 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€331k€322k▼

Fixed assets21/28€213k€215k▲

Tangible fixed assets22/27€192k€184k▼

Land and buildings22€179k€172k▼

Plant, machinery and equipment23€13k€12k▼

Financial fixed assets28€21k€31k▲

Current assets29/58€118k€107k▼

Amounts receivable within one year40/41€117k€104k▼

Trade receivables40€117k€104k▼

Other amounts receivable41€145€1▼

Cash at bank and in hand54/58€1k€3k▲

Deferred charges and accrued income490/1€42€50▲

Equity and liabilities

Total equity and liabilities10/49€331k€322k▼

Equity10/15€6k€34k▲

Contributions10/11€42k€42k=

Reserves13€102k€97k▼

Non-distributable reserves130/1€521€521=

Reserves not available under the articles1311€521€521=

Tax-exempt reserves132€97k€93k▼

Distributable reserves133€4k€4k=

Profit (loss) carried forward14€-138k€-105k▲

Provisions and deferred taxes16€32k€31k▼

Deferred taxes168€32k€31k▼

Amounts payable17/49€293k€257k▼

Amounts payable after more than one year17€186k€158k▼

Financial debts170/4€186k€158k▼

Amounts payable within one year42/48€107k€98k▼

Current portion of amounts payable after more than one year42€31k€30k▼

Trade debts44€44k€26k▼

Suppliers440/4€44k€26k▼

Advances received on contracts in progress46-€1k

Taxes, remuneration and social security45€16k€18k▲

Taxes450/3€12k€18k▲

Remuneration and social security454/9€4k-

Other amounts payable47/48€16k€23k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼

Other operating charges640/8€8k€4k▼

Non-recurring operating charges66A€10k-

Gross operating margin9900€-5k€46k▲

Operating profit (loss)9901€-34k€34k▲

Financial income75/76B€1€10k▲

Recurring financial income75€1€10k▲

Non-recurring financial income76B-€10k

Financial charges65/66B€106k€6k▼

Recurring financial charges65€6k€6k▼

Non-recurring financial charges66B€100k-

Profit (loss) for the period before taxes9903€-140k€38k▲

Transfer from deferred taxes780€1k€1k=

Income taxes67/77€3k€11k▲

Profit (loss) for the period9904€-142k€28k▲

Transfer from tax-exempt reserves789€4k€4k=

Profit (loss) for the period to be appropriated9905€-138k€33k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-138k€-105k▲

Profit (loss) brought forward from the previous period14P-€-138k

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

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Timeline · acts, filings and financial milestones

All 17Financial 7Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-09

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 45 days late

2025

31-12

Financial Back to profitnet €28k

Net result €28k after one loss-making year.

29-09

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 60 days late

2024

31-12

Financial Weakest financial yearnet €-142k ▼804%

Net result drops to €-142k, the lowest in the series; recovery starts the following year.

23-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 84 days late

05-04

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 249 days late

2022

31-12

Financial Back to profitnet €108k

Net result €108k after one loss-making year.

31-12

Financial Liquidity triplescurrent ratio 1.82

Current ratio from 0.68 to 1.82; short-term debt falls from €129k to €104k.

31-12

Financial Equity above €100kEq €128k ▲566%

Equity rises from €19k to €128k.

05-10

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 66 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 31 days late

2020

31-12

Financial Liquidity quadruplescurrent ratio 1.66

Current ratio from 0.39 to 1.66; short-term debt falls from €73k to €39k.

08-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 130 days late

2019

31-12

Financial Back to profitnet €856

Net result €856 after one loss-making year.

25-09

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 56 days late

2018

10-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 41 days late

2017

05-10

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 66 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Ukkel · 1 establishment unit since 1988

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.

Sint-Jobsesteenweg 7611180 Ukkel

Ground area

1,512 m²

Building footprint

685 m²

Volume, LiDAR

7,334 m³

2 parcels, Brussels · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

TELIS DIFFUSION

Kroonlaan 326, 1050 ElseneWholesale of pharmaceutical and medical goods

since 19882.040.809.922

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21612D0283/00E002	Brussels	1,414 m²	1 · 587 m²	15.4 m · 4 fl.
21443C0219/00S020	Brussels	99 m²	1 · 98 m²	18.0 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

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

Similar companies · same sector, comparable size

Of 4,249 companies in sector 47789 we hold annual accounts for 1,021. 725 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded24-10-1988

Fiscal year end31-12

Activities, NACEBEL

47789Other retail sale of new goods

52498

Sources

Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.