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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
TELSTAR from Brasschaat, company number BE0432478458, closed financial year 2025 with a result of € -10,508 after tax. For that financial year TELSTAR recorded a gross margin of € -7,124 and equity of € 383,859. Compared with financial year 2024, the result moved from € -19,087 to € -10,508. 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 June 30, 2026.
€ 383,859
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,508
▲ 45 % less loss than in 2024
Profit after tax over the fiscal year.
€ 44,705
▲ € 38,229 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 365,259.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 269
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,896
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 | € 2,942 | € 2,613 | € -68 | € -7,124 | ▼ € 7,056 |
| Profit after taxes | € -18,832 | € -17,829 | € -19,087 | € -10,508 | ▲ € 8,579 |
| Equity | € 524,284 | € 506,455 | € 394,368 | € 383,859 | ▼ 3% |
| Total debts | € 18,890 | € 1,771 | € 6,005 | € 14,611 | ▲ 143% |
| Cash | € 2,045 | € 501 | € 6,476 | € 44,705 | ▲ € 38,229 |
| Land & buildings | € 384,573 | € 374,631 | € 365,228 | € 349,366 | ▼ 4% |
| Retained profit | € 505,684 | € 487,855 | € 375,768 | € 365,259 | ▼ 3% |
| Dividend | € 0 | € 0 | € 93,000 | € 0 | ▼ 100% |
| Bank debt | € 14,986 | € 981 | € 0 | € 0 | |
| Balance sheet total | € 570,541 | € 535,592 | € 427,740 | € 398,471 | ▼ 7% |
Key figures of TELSTAR, 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 TELSTAR?
What happened at TELSTAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,508. Source: NBB ↗
- Sylvie MULET became a director. NBB
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,832 loss in 2022 to € 10,508 loss in 2025.
Paid € 10,329 in corporate taxes since 2022.
Paid out € 93,000 in dividends to the owners in total.
Management
Behind TELSTAR is Sylvie MULET.
Directors
According to the 2025 annual accounts
Sylvie MULET
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Max Hermanlei 4
2930 Brasschaat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.478.458
- VAT number
- BE 0432.478.458
- Registered office
- Max Hermanlei 4, 2930 Brasschaat
- Names & denominations
- TELSTAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 1987
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
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