Warning lights
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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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TELUS PROPERTIES from Gent, company number BE0441027326, closed financial year 2025 with a result of € -13,886 after tax. For that financial year TELUS PROPERTIES recorded a gross margin of € -19,831 and equity of € 121,399. Compared with financial year 2024, the result moved from € 50,574 to € -13,886. 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 10, 2026.
€ 121,399
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,886
▼ still € 50,574 profit in 2024
Profit after tax over the fiscal year.
€ 4,034
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 59,899.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 400
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,969
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 | - | - | € 45,268 | € -19,831 | ▼ € 65,099 |
| Profit after taxes | € 8,395 | € -7,976 | € 50,574 | € -13,886 | ▼ € 64,459 |
| Equity | € 92,687 | € 84,711 | € 135,285 | € 121,399 | ▼ 10% |
| Total debts | € 448,758 | € 3,033 | € 20,926 | € 16,368 | ▼ 22% |
| Cash | € 14,684 | € 28,677 | € 10,785 | € 4,034 | ▼ 63% |
| Retained profit | € 31,187 | € 23,211 | € 73,785 | € 59,899 | ▼ 19% |
| Balance sheet total | € 541,445 | € 87,745 | € 156,211 | € 137,768 | ▼ 12% |
Key figures of TELUS PROPERTIES, 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 TELUS PROPERTIES?
What happened at TELUS PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank De Graeve stepped down as director. NBB
- Dirk De Graeve stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 13,886 (▼ € 64,459 vs 2024). Source: NBB ↗
- DDG Invest BV stepped down as director. NBB
- Frank De Graeve became a director. NBB
- Green Park Investments BV stepped down as director. NBB
- Dirk De Graeve became a director. NBB
- Oceano NV stepped down as director. NBB
In short
From € 8,395 profit in 2022 to € 13,886 loss in 2025.
Paid € 18,975 in corporate taxes since 2022.
Best year ever: 2024, with € 50,574 profit.
Management
The stake of SERVICE & DEVELOPMENT GROUP BELGIUM, Green Park Investments, DDG INVEST, CARINVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TELUS PROPERTIESThe shares are held by SERVICE & DEVELOPMENT GROUP BELGIUM (100%), Green Park Investments (38.8%), DDG INVEST (38.8%) and CARINVEST (22.4%).
Directors
According to the 2025 annual accounts
Director · represented by Dirk De Graeve
Also active at: EVEREST ECOSYSTEMS, ALFA INVEST
since 2018 · until 2025
Frank De Graeve
Managing director
Also active at: DG Management & Consulting, SERVICE & DEVELOPMENT GROUP BELGIUM, Hauset Immo, WIREWOOD BENELUX FRANCE, VOS AANNEMINGEN, MARACANA, CARLTON, BRUOCSELLA +9 more
since 2025 · until 2031
Managing director · represented by Dirk De Graeve
Also active at: SERVICE & DEVELOPMENT GROUP BELGIUM, Driekoningen, EVEREST ECOSYSTEMS, ALFA INVEST
since 2018 · until 2025
Dirk De Graeve
Managing director
Also active at: MINERVA MANAGEMENT, SERVICE & DEVELOPMENT GROUP BELGIUM, Hauset Immo, CARLTON, BRUOCSELLA, TEN BROELE, Groene Wandeling, Driekoningen +6 more
since 2025 · until 2031
Director · represented by Carlos De Graeve
since 2018 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1052 box D
9051 Gent
Keizer Karellaan 483 box Fo
1082 Sint-Agatha-Berchem
Active since 30 October 1990
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →SERVICE & DEVELOPMENT GROUP BELGIUM same network
€ 12.8 million revenue · 2025
Carimmo
€ 1.2 million gross margin · 2026
WIREWOOD BENELUX FRANCE same network
€ -21,745 gross margin · 2025
CARLTON same network
€ 695,021 revenue · 2025
BRUOCSELLA same network
€ 277,516 revenue · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.027.326
- VAT number
- BE 0441.027.326
- Registered office
- Kortrijksesteenweg 1052 bus D, 9051 Gent
- Names & denominations
- TELUS PROPERTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 1990
- Peppol
- Active · Active since 19 Oct 2025