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Telko Belgium

Active
Public limited companyfounded 1989active for 37 yearsBollinckxstraat 43, 1070 Anderlecht, BelgiumKBO/BCE: BE 0437.931.739
Summary

The computed 12-month bankruptcy probability of Telko Belgium is 1.6% (moderate). The 2024 annual accounts show equity of €604,315 and a net result of €295,521. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 21% of 6,064 sector peers (NACE 46, financial year 2024). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
Telko BelgiumActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of industrial chemicals
NACE 46851Wholesale of electrical equipment, including installation materials NACE 46643
1 site
Size
€3.5mtotal assets 2024
Staff
6 FTE
Equity
€604,315
Profit
€295,521
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.6%
Structure
Parent
BELNO · 100%
2025 accounts not filed, 87 days past the deadline3 of 12 deeds summarised
Why 54raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 02-07-2025)Equity €604,315 (17.2% of total assets)lowers riskFounded in 1989Legal form: public limited companyShow the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 46, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 42-18
equity 17.2% of total assets
Liquidity 21-20
short-term debt 79.1% · cash 11.2%
Profitability 79+24
return on assets 8.4%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,883 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.5 percentage points vs 07-2026 09-2026: 1.0%▲ +0.2 percentage points vs 08-2026 10-2026: 1.6%▲ +0.6 percentage points vs 09-2026highest value
Credit of up to €30,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.18, compared with 1.62 in 2023, below the usual 1.5; short-term debt: 79.1% and cash: 11.2% of total assets), and 82.8% 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, micro): better than 29% on solvency, 20% on liquidity, 71% on profitability and 10% on growth.

The bankruptcy probability was computed on 25-10-2026 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).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 02-07-2025)
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €604,315 (17.2% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 6064 sector peers (2024).
NBB · sector comparison
Position among 6064 sector peers
Solvency
better than 21%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
31 days early
2023
34 days early
2022
18 days late
2021
24 days late
2020
24 days early
2019
25 days 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 4 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Amendment of the articles · NameName change · Power of…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Positive: Result rose in 2024from €150,128 to €295,521 ▲ 96.8% View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
  • Controlled by BELNO 100% View
  • Positive: 7 profitable years in a rowprofit 2024: €295,521 7 years View
  • Among the largest 12% on gross marginsector median €246,831 · 3,122 companies €1.2m View

By topic

Financials

Financial year
2024
Total assets
€3.5m
Profit
€295,521
Solvency
17.2%
Total assets▲ 2.6%
Net result
20182024
Go to Financials

Board & ownership

Board
3 members
Parent
BELNO · 100%
  • Eveliina MyllyluomaDirector
  • Jani VahalaDirector
  • Mikko PasanenDirector
Go to Board & ownership

Timeline

Events
41
Since
1990
  1. 22-03-2024Resignations: Petrus SA (director) and Sophie Pirlot…
  2. 27-12-2023Reappointments: PIRLOT de CORBION Sophie (director) and…
  3. 18-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of industrial chemicalsNACE 46851
Founded
06-07-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Telko Belgium

What is the company number of Telko Belgium?
0437.931.739. In Belgium the VAT number is the company number with BE in front: BE 0437.931.739.
Where is Telko Belgium based?
The registered office is at Bollinckxstraat 43, 1070 Anderlecht.Company details
What does Telko Belgium do?
According to the KBO register, the main activity is wholesale of industrial chemicals (NACE 46851).
What is the legal form of Telko Belgium?
Public limited company (NV).
When was Telko Belgium founded?
On 06-07-1989.
Is Telko Belgium still active?
Yes, Telko Belgium is an active enterprise in the KBO register.
How many employees does Telko Belgium have?
On average 6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Telko Belgium?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Telko Belgium profitable?
In financial year 2024, Telko Belgium made a profit of €295,521.
Where can I find the annual accounts of Telko Belgium?
Telko Belgium filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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