Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 8 to 7.
Financials
Financial year 2025
TELE-NARO from Herve, company number BE0461002297, closed financial year 2025 with a result of € 134,437 after tax. For that financial year TELE-NARO recorded a gross margin of € 729,254 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 162,567 to € 134,437. The company is profitable. 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 5, 2026.
€ 1.4 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 134,437
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 223,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
7
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 469,126
▼ 4% vs 2024
€ 67,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,164
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 72,567
▼ 26% vs 2024
€ 26,626 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 64,833
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 154,070
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 736,222 | € 736,712 | € 770,360 | € 729,254 | ▼ 5% |
| Profit after taxes | € 171,001 | € 107,644 | € 162,567 | € 134,437 | ▼ 17% |
| Equity | € 1,247,779 | € 1,352,699 | € 1,472,607 | € 1,381,386 | ▼ 6% |
| Total debts | € 505,132 | € 356,792 | € 432,848 | € 543,347 | ▲ 26% |
| Cash | € 956,178 | € 1,025,915 | € 1,202,419 | € 1,280,808 | ▲ 7% |
| Land & buildings | € 374,009 | € 331,690 | € 308,550 | € 289,511 | ▼ 6% |
| Retained profit | € 1,115,907 | € 1,223,551 | € 1,346,118 | € 1,257,556 | ▼ 7% |
| Dividend | € 20,000 | € 0 | € 40,000 | € 223,000 | ▲ € 183,000 |
| Bank debt | € 164,775 | € 129,299 | € 98,512 | € 72,567 | ▼ 26% |
| Balance sheet total | € 1,752,911 | € 1,709,491 | € 1,905,455 | € 1,924,733 | ▲ 1% |
| Employees (FTE) | 8 | 8 | 7.8 | 7 | ▼ 0.8 |
Key figures of TELE-NARO, 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 TELE-NARO?
What happened at TELE-NARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Julien TURCO stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 134,437 (▼ 17% vs 2024). Source: NBB ↗
- Julien TURCO became a director. NBB
- Roland TURCO became a director. NBB
- New establishment in Herve. KBO
- Start of the company according to the CBE. KBO
In short
From € 171,001 profit in 2022 to € 134,437 profit in 2025.
Paid € 243,788 in corporate taxes since 2022.
Best year ever: 2022, with € 171,001 profit.
On average € 104,200 of value added per employee in 2025.
Management
Behind TELE-NARO is Roland TURCO.
Directors
According to the 2025 annual accounts
Roland TURCO
Managing director
since 2023
Julien TURCO
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Avenue du Parc 25 box B
4650 Herve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
INFOMANIAK-AS, CH
Domain
Domain
telenaro.net
Registered
2001-04-04
Registrar
NETIM SAS
Expires
2026-04-04
Website info
Features
Security
Network
Details
- Company number
- 0461.002.297
- VAT number
- BE 0461.002.297
- Registered office
- Avenue du Parc 25 bus B, 4650 Herve
- Names & denominations
- TELE-NARO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 1997
- Peppol
- Active · Active since 14 Jul 2025
- Contact
- telenaro.net
- Activities · NACE
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