Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
TELECOMMUNICATION SYSTEMS from Jabbeke, company number BE0431711663, closed financial year 2025 with a result of € -8,431 after tax. For that financial year TELECOMMUNICATION SYSTEMS recorded a gross margin of € -5,011 and equity of € 372,017. Compared with financial year 2024, the result moved from € -4,324 to € -8,431. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 372,017
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,431
▼ 95 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,148
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 357,143.
People and assets in 2025
€ 53,722
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,078
▲ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 951
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 607
▲ 41% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 78,241 | € 27,118 | € -3,484 | € -5,011 | ▼ € 1,527 |
| Profit after taxes | € 46,484 | € 5,630 | € -4,324 | € -8,431 | ▼ € 4,107 |
| Equity | € 379,143 | € 384,772 | € 380,448 | € 372,017 | ▼ 2% |
| Total debts | € 33,400 | € 16,326 | € 18,049 | € 17,764 | ▼ 2% |
| Cash | € 98,295 | € 9,949 | € 2,148 | € 2,148 | |
| Land & buildings | € 207 | € 194 | € 180 | € 166 | ▼ 8% |
| Retained profit | € 364,269 | € 369,899 | € 365,574 | € 357,143 | ▼ 2% |
| Bank debt | € 10,189 | € 3,155 | € 15,530 | € 16,078 | ▲ 4% |
| Balance sheet total | € 442,543 | € 431,099 | € 428,497 | € 419,781 | ▼ 2% |
Key figures of TELECOMMUNICATION SYSTEMS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TELECOMMUNICATION SYSTEMS?
What happened at TELECOMMUNICATION SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,432. Source: NBB ↗
- Pascale Anna Piret became a director. NBB
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,484 profit in 2022 to € 8,432 loss in 2025.
Paid € 24,091 in corporate taxes since 2022.
Best year ever: 2022, with € 46,484 profit.
Management
Behind TELECOMMUNICATION SYSTEMS is Pascale Anna Piret. Pascale Anna Piret is also behind PASCALE PIRET.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Westernieuwweg 54
8490 Jabbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.711.663
- VAT number
- BE 0431.711.663
- Registered office
- Westernieuwweg 54, 8490 Jabbeke
- Names & denominations
- TELECOMMUNICATION SYSTEMS · TC SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 August 1987
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
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