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TQ PROJECTS

Active Public limited companyfounded 2002active for 23 yearsHendrik Consciencestraat 1B, 2800 MechelenKBO/BCE: BE 0478.971.647 subsidiary of #6 company by equity in the province of Antwerp, Telecommunications sector

Lifetime

19 annual accounts with figures on one time axis, 23 filings since 2003
peak €656,894 (2023)
€607,472▲ 2.3%
lowest -€135,979 (2011)
€323,764▲ 4.9%
peak €1.9m (2025)
€1.9m▲ 20.1%
€663,323▼ 14.8%
peak 5.6 FTE (2007)
-not published
Board5 names since 2019
1 director
Owners
100%
Documentsfilings and deeds
12-06-202649 days before the deadline
2025abbreviated format
Equity from €1.6m to €1.9mCash from €7,662 to €83,287

Key points

from the 2025 annual accounts

Equity

€1.9m ▲ 20.1%

TQ PROJECTS has made a profit without a break since 2016.

Turnover

≈ €1.4m estimated

The abbreviated format states no turnover.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

The 2018 accounts came 6 days late. The other nine of the last ten were filed on time.

At the same address

23 companies
  • seat since 02-04-2026
  • seat since 10-12-2025
  • seat since 28-02-2025

Board

1 left

A director left. Latest change 24-12-2025 · 1 in office.

Position in the sector

€323,764

Higher net result than 91% of companies in telecommunications. Sector median €12,718 · 121 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as TQ PROJECTS has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,137 companies, not a prediction for TQ PROJECTS. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
  • 100%equity €4.9m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Resignation: (director) Permanent representative: · Board meeting of 24-12-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0478971647
1 director appointed, 1 resignation, 1 reappointment Resignation: · Permanent representative: · Appointment: (managing director) · General meeting of 10-06-2024 · Gazette deed
Amendment of the articles Board composition: (director) · Board composition: (director) · Gazette deed
All 41 events

Comparable companies

same main activity, similar in size and age
Company
TQ PROJECTS Mechelen €2.6m €0.6m 74.5% -
ContactOffice Group Brussels €2.4m €1.0m 90.3% 2
GTV Harelbeke €1.7m €0.9m 18.6% 7.1
SERVIPRO ELECTRONICS Charleroi €1.9m €0.6m 74.7% -
EUROPEAN DIRECTORY ASSISTANCE Kraainem €2.0m €0.3m 86.9% -
MONEY INTERNATIONAL Molenbeek-Saint-Jean €1.3m €0.6m 17.2% 14.6
SOLUTEL Hasselt €2.5m €1.2m 58.5% 15.8

These companies have the same main activity as TQ PROJECTS: wired, wireless and satellite telecommunications (NACE 61100). They are comparable in size and age: total assets between €1.3m and €2.5m, founded between 1999 and 2008.

Official details

Source: KBO
Status
Active since 09-12-2002Normal situation
Registered office
24 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Wired, wireless and satellite telecommunicationsNACE 61100and 1 other
Establishment unit
2.123.256.2592800 Mechelen, since 28-02-2003
Financial year end
31 December
Peppol
Reachable since 09-10-2025
Company details

Annual accounts 2025

€2.6m▲ 8.7%
Filing
Filed on 12-06-2026, 49 days before the end of the filing period
Financials

Insights on TQ PROJECTS

TQ PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from €464,772 in 2007 to €607,472 in 2025.

The balance sheet grew most from 2015 to 2017 through fixed assets.

holds all the shares.

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 TQ PROJECTS

What is the company number of TQ PROJECTS?
The company number of TQ PROJECTS is 0478.971.647. The VAT number is the same number with BE in front: BE 0478.971.647.
Where is TQ PROJECTS based?
The registered office is at Hendrik Consciencestraat 1B, 2800 Mechelen.Company details
What does TQ PROJECTS do?
According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
What is the legal form of TQ PROJECTS?
TQ PROJECTS is a public limited company (NV).
When was TQ PROJECTS founded?
TQ PROJECTS was founded on 09-12-2002.
Is TQ PROJECTS still active?
Yes, TQ PROJECTS is an active enterprise in the KBO register.
What is the turnover of TQ PROJECTS?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €607,472 and 2,274 comparable companies of the same size. It probably lies between €860,000 and €2.4m. It is a rough estimate.Financials
Is TQ PROJECTS profitable?
In financial year 2025, TQ PROJECTS made a profit of €323,764.
Where can I find the annual accounts of TQ PROJECTS?
TQ PROJECTS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TQ PROJECTS due?
TQ PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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