TELMACO EUROPE

Active

Public limited companyfounded 2022active for 3 yearsJacques de Lalaingstraat 40, 1040 Brussel, BelgiumKBO/BCE: BE 0795.209.958

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of TELMACO EUROPE is 2.1% (moderate). The 2024 annual accounts show equity of €69,884 and a net result of €2,157. Its solvency ranks better than 30% of 1,905 sector peers (NACE 59, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

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TELMACO EUROPEActiveChecked score 53/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 21-12-2022 Normal situation
Legal form: Public limited company
Registered office: Jacques de Lalaingstraat 40, 1040 Brussel
Activity: Video and film production, excluding cinema and television films NACE 59113and 3 others
Establishment units: 2.340.877.145 1040 Brussel, since 21-12-2022
: 2.386.209.007 1500 Halle, since 12-03-2026
Financial year end: 31 December
Peppol: Reachable since 15-12-2025

Company details

Who decides

Board

KYRIAZIS VasileiosDirector

Board & ownership

How it is doing

53 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 2.1%

Annual accounts 2024

Gross margin: €2,596
Turnover: ≈ €8,600; estimated
Profit: €2,157
Equity: €69,884; ▲ 3.2%
Total assets: €292,102; ▲ 7.6%

2025 accounts not filed, 93 days past the deadline

Filed on 25-07-2025PDF

Financials

Why 53raises riskFigures for financial year 2024 (filed 25-07-2025)1 financial year not filed after the legal deadline; 1 of the last 3 lateEx-officio strike-off in the KBOlowers riskLiquidity: current ratio 1.31, cash €291,712Show the evidence

Checked score

Score 2024

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 43% of its sector peers (NACE 59, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Average

Solvency 49-1

equity 23.9% of total assets

Liquidity 59=

short-term debt 76.1% · cash 99.9%

Profitability 39+8

return on assets 0.7%

Bankruptcy probability, 12 months

2.1% Moderate

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (2,573 companies, NACE 59, micro)

Last 24 months 11-2024: 1.4% 12-2024: 1.1%▼ -0.3 percentage points vs 11-2024 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.9%▲ +0.9 percentage points vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.8%▼ -0.1 percentage points vs 05-2025 07-2025: 1.8%● unchanged vs 06-2025 08-2025: 0.4%▼ -1.4 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.3%▼ -0.1 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%▲ +0.2 percentage points vs 08-2026 10-2026: 2.1%▲ +1.1 percentage points vs 09-2026highest value

Credit of up to €3,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity tight (current ratio 1.31, compared with 1.33 in 2023, below the usual 1.5; short-term debt: 76.1% and cash: 99.9% of total assets), and 76.1% 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 59, micro): better than 34% on solvency, 53% on liquidity, 30% on profitability and 55% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Figures for financial year 2024 (filed 25-07-2025)

NBB · annual accounts

Liquidity: current ratio 1.31, cash €291,712

NBB · annual accounts

1 financial year not filed after the legal deadline; 1 of the last 3 late

NBB · filings

Ex-officio strike-off in the KBO

KBO publications

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, 93 days later.

NBB · 2 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline01-11-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not filed

2024

6 days early

2023

329 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 162 days after the deadline; the sector median (NACE 59) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

UBO non-compliance

Key points

Caution: Board changedlatest change 15-12-2025 · 1 in office 1 joined · 1 left View

Documents

Key facts about TELMACO EUROPE

What is the company number of TELMACO EUROPE?: 0795.209.958. In Belgium the VAT number is the company number with BE in front: BE 0795.209.958.
Where is TELMACO EUROPE based?: The registered office is at Jacques de Lalaingstraat 40, 1040 Brussel.Company details
What does TELMACO EUROPE do?: According to the KBO register, the main activity is video and film production, excluding cinema and television films (NACE 59113).
What is the legal form of TELMACO EUROPE?: Public limited company (NV).
When was TELMACO EUROPE founded?: On 21-12-2022.
Is TELMACO EUROPE still active?: Yes, TELMACO EUROPE is an active enterprise in the KBO register.
What is the turnover of TELMACO EUROPE?: ≈ €8,600 in financial year 2024. Estimated from the gross margin of €2,596: probably between €5,100 and €19,000, based on 30 comparable companies, NACE 591. A rough estimate.Financials
Is TELMACO EUROPE profitable?: In financial year 2024, TELMACO EUROPE made a profit of €2,157.
Where can I find the annual accounts of TELMACO EUROPE?: TELMACO EUROPE filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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Overview