TELSERVICE (R & C)
ActiveSummary
TELSERVICE (R & C) has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268,888 and a net result of €87,373. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 28% of 525 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 03-02-1988 Normal situation
- Registered office
- 15 active companies are registered at this address Source: KBO register, as of 1 November 2026.
- Activity
- Construction of utility projects for electricity and telecommunications NACE 42220and 1 other
- Establishment unit
- 2.033.864.128 1932 Zaventem, since 12-02-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Board and ownership
- SAGICODirector · since 01-08-2005 · permanent representative RIFFLART Stephen Arthur Marcel
- Claude BarantDirector · since 23-11-2023
- SAGICO99.97%31-03-2026 annual accounts of SAGICO
- Stephen Rifflartannual accounts 2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €2.6m
- ▼ 5.1%
- Turnover
- ≈ €4.6m
- estimated
- Profit
- €87,373
- ▼ 70.4%
- Equity
- €268,888
- ▲ 27.1%
- Total assets
- €1.2m
- ▼ 10.0%
- Employees on 31-12-2025
- 33
- ▼ 5.7%
Score breakdownraises riskEquity €268,888 (22.4% of total assets)Sector: Civil engineering (NACE 42)lowers riskFounded in 1988Liquidity: current ratio 1.28, cash €180,366Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 42, small). It does better than 23% of them on solvency, 21% on liquidity, 53% on profitability and 80% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 67 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Result fell in 2025from €295,324 to €87,373 ▼ 70.4% View
- Positive: 6th largest employer in Zaventem, Construction sectorin the Checked rankings No. 6 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €87,373 8 years View
Recent changes
- · Gazette deed Appointment: Claude Barant (director)
- · Gazette deed Resignation: Corinne Bourgeois (director)Permanent representative: Stephen Rifflart
- · Gazette deed Registered office moved from Woluwe-Saint-Lambert to Sint-Stevens-WoluwéCapital decrease of €12,394.67 to €68,178.71 · Permanent representative: RIFFLART Stephen Arthur Marcel · Reappointments: SAGICO SCRL (director) and Corine BOURGEOIS (director)
Comparable companies
These companies have the same main activity as TELSERVICE (R & C): construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €1.4m and €2.4m, founded between 1987 and 2001.
| Company | Total assets | Gross margin |
|---|---|---|
| TELSERVICE (R & C) Zaventem | €1.2m | €2.6m |
| VANELGRO Tongeren-Borgloon | €2.0m | €2.6m |
| TSPO Thimister-Clermont | €1.4m | €1.9m |
| GEVAERT GABRIEL ELECTRO Roeselare | €2.1m | €1.9m |
| D.M. CABLES Fleurus | €2.2m | €2.0m |
| BENLI Lokeren | €2.3m | €2.8m |
| EVERTS Maaseik | €2.4m | €2.2m |
Key facts about TELSERVICE (R & C)
- What is the company number of TELSERVICE (R & C)?
- The company number of TELSERVICE (R & C) is 0433.163.891. The VAT number is the same number with BE in front: BE 0433.163.891.
- Where is TELSERVICE (R & C) based?
- The registered office is at Lenneke Marelaan 6, 1932 Zaventem.Company details
- What does TELSERVICE (R & C) do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of TELSERVICE (R & C)?
- The legal form of TELSERVICE (R & C) is Public limited company (NV).
- When was TELSERVICE (R & C) founded?
- TELSERVICE (R & C) was founded on 03-02-1988.
- Is TELSERVICE (R & C) still active?
- Yes, TELSERVICE (R & C) is an active enterprise in the KBO register.
- How many employees does TELSERVICE (R & C) have?
- TELSERVICE (R & C) had an average of 33.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TELSERVICE (R & C)?
- The turnover in financial year 2025 is ≈ €4.6m. This figure is estimated from the gross margin of €2.6m and 1,586 comparable companies of the same size. It probably lies between €3.1m and €7.5m. It is a rough estimate.
- Is TELSERVICE (R & C) profitable?
- In financial year 2025, TELSERVICE (R & C) made a profit of €87,373.
- Where can I find the annual accounts of TELSERVICE (R & C)?
- TELSERVICE (R & C) filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TELSERVICE (R & C) due?
- TELSERVICE (R & C) must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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