Equity
€30,622 from €260,019 in 2014
Equity fell by 88% in 11 years.
TELLUMO
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 1999peak €204,265 (2010)
-€13,404▼ €10,493
lowest -€116,578 (2016)
-€25,659▼ €14,676
peak €260,019 (2014)
€30,622▼ 45.6%
€16,673▼ 25.3%
Board5 names since 1998
2 directorsTOP Stefaan Jozef André and 1 other
Documentsfilings and deeds
02-04-202628 days before the deadline
2025micro format
Gross margin from -€2,910 to -€13,404Loss of €25,659Equity from €56,281 to €30,622Debts from €22,311 to €16,673Cash from €7,448 to €278
Key points
from the 2025 annual accountsLosses
-€36,643 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Position in the sector
-€25,659
Lower net result than 93% of companies in advertising and market research. Sector median €14,755 · 8,616 companies.
Turnover not published (micro format)
Checked score
54
Fair
Financially stronger than 26% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.5%▲ +0.1 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 0.7%● unchanged vs 05-2026highest value
07-2026: 0.7%● unchanged vs 06-2026highest value
08-2026: 0.7%● unchanged vs 07-2026highest value
09-2026: 0.7%● unchanged vs 08-2026highest value
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €25,659, the second in a row (financial year 2025)
Liquidity: current ratio 2.22, cash €278, halved
lowers risk
Size: total assets €47,295
Founded in 1998
Calculation
The band follows from the bankruptcy probability. 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 73, micro). It does better than 63% of them on solvency, 19% on liquidity, 6% on profitability and 14% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as TELLUMO has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TELLUMO itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for TELLUMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 2.22 (2.88 in 2024), above the usual 1.5. Short-term debt is 35.3% and cash 0.6% of total assets. 35.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€25,659
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
1 day early
2023
7 days early
2022
2 days early
2021
4 days early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 26 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464202111
2 directors reappointed
Changes of role: TOP Stefaan Jozef André (statutory director) and DE CLERCQ Touch An Eric (statutory director) · Reappointments: TOP Stefaan Jozef André (director) and DE CLERCQ Touch An Eric (director) · “De opzet,commerciële lancering,begeleiding en positionering,en organisatorische structurering van bestaande en…” (deed in French) · Gazette deed
Merger: TELLUMO takes over IKARAE
Capital increase of €18,550 to €235,550 · Capital from €217,000 to €235,550, 406 new shares · Appointment: NIELANDT,FRANKEN & CO (statutory auditor) · General meeting of 20-03-2019 · Gazette deed
Merger proposal: Tellumo takes over Ikarae
“De öpzet,begeleiding en structurering van bestaande en nieuwe bedrijven uit de mediasector,de…” (deed in Dutch) · Stefaan Top holds 4,700 shares · Gertie De Clercq holds 50 shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TELLUMO Antwerp | €47,295 | -€13,404 | 64.7% | - |
| ANYTOOL Wasseiges | €40,039 | -€6,638 | 51.2% | - |
| CENTRE DE RECHERCHE APPLIQUEE ET DE DEVELOPPEMENTS INDUSTRIELS Olne | €54,362 | -€5,785 | 99.3% | - |
| LPM DEVELOPMENT BELGIUM Hasselt | €60,380 | -€8,304 | -542.1% | - |
| BELGIAN MARKETING COMPANY Hove | €47,436 | -€6,320 | 79.9% | - |
| EURO CHINA BUSINESS CONSULTING Antwerp | €30,749 | -€2,973 | -485.1% | - |
| P.H.K. Ixelles | €63,527 | -€40,726 | 4.3% | - |
These companies have the same main activity as TELLUMO: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €30,700 and €63,500, founded between 1997 and 2002.
Official details
Source: KBO- Status
- Active since 24-09-1998Normal situation
- Activity
- Market research and public opinion pollingNACE 73200
- Establishment unit
- 2.088.906.5792180 Antwerp, since 19-09-2000
- Financial year end
- 30 September
- Peppol
- Reachable since 10-12-2024
Annual accounts to 30-09-2025
- €47,295▼ 39.8%
- ≈ 0.1 FTEestimated
- Filing
- Filed on 02-04-2026, 28 days before the end of the filing period
Insights on TELLUMO
TELLUMO files the micro format. That format states no turnover. The gross margin fell from €92,286 in 2006 to -€13,404 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TELLUMO
- What is the company number of TELLUMO?
- The company number of TELLUMO is 0464.202.111. The VAT number is the same number with BE in front: BE 0464.202.111.
- Where is TELLUMO based?
- The registered office is at Bist 54, 2180 Antwerp.Company details
- What does TELLUMO do?
- According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
- What is the legal form of TELLUMO?
- TELLUMO is a private limited company (BV).
- When was TELLUMO founded?
- TELLUMO was founded on 24-09-1998.
- Is TELLUMO still active?
- Yes, TELLUMO is an active enterprise in the KBO register.
- What is the turnover of TELLUMO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is TELLUMO profitable?
- In financial year 2025, TELLUMO made a loss of €25,659.
- Where can I find the annual accounts of TELLUMO?
- TELLUMO filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TELLUMO due?
- TELLUMO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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