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 17.6 to 13.2.
-
Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LICOM-TELECOM-SYSTEMS from Brugge, company number BE0464781636, closed financial year 2025 with a result of € 61,837 after tax. For that financial year LICOM-TELECOM-SYSTEMS recorded a gross margin of € 1.2 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 56,211 to € 61,837. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 6, 2026.
€ 1.3 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 61,837
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 200,449
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.3 million.
People and assets in 2025
13.2
▼ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▼ 15% vs 2024
€ 79,200 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.
€ 256,433
▲ 78% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 266,952
▲ 98% vs 2024
€ 95,336 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 148,543
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 170,453
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,301,587 | € 1,124,918 | € 1,302,882 | € 1,203,482 | ▼ 8% |
| Profit after taxes | € 51,414 | € -89,803 | € 56,211 | € 61,837 | ▲ 10% |
| Equity | € 1,312,704 | € 1,222,901 | € 1,279,112 | € 1,340,950 | ▲ 5% |
| Total debts | € 518,347 | € 521,291 | € 508,068 | € 607,454 | ▲ 20% |
| Cash | € 414,228 | € 260,771 | € 171,159 | € 200,449 | ▲ 17% |
| Land & buildings | € 26,773 | € 26,773 | € 26,773 | € 26,773 | |
| Retained profit | € 1,294,104 | € 1,204,301 | € 1,260,512 | € 1,322,350 | ▲ 5% |
| Bank debt | € 113,057 | € 120,561 | € 134,851 | € 266,952 | ▲ 98% |
| Balance sheet total | € 1,831,051 | € 1,744,192 | € 1,787,180 | € 1,948,404 | ▲ 9% |
| Employees (FTE) | 18 | 17.6 | 16.3 | 13.2 | ▼ 3.1 |
Key figures of LICOM-TELECOM-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 30 January 2027.
What happened to LICOM-TELECOM-SYSTEMS?
What happened at LICOM-TELECOM-SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 61,837 (▲ 10% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,414 profit in 2022 to € 61,837 profit in 2025.
Paid € 75,937 in corporate taxes since 2022.
Best year ever: 2025, with € 61,837 profit.
On average € 91,200 of value added per employee in 2025.
Management
The stake of MARGAU comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LICOM-TELECOM-SYSTEMSBehind LICOM-TELECOM-SYSTEMS is Margau bv. The shares are held by MARGAU (99.9%).
Directors
According to the 2025 annual accounts
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pathoekeweg 9B box 009
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Alcobel
€ 5,074 gross margin · 2025
ALGEMENE BOUW CENTRALE
€ -1,883 gross margin · 2024
STUDIEBUREAU REYSERHOVE
€ 44,137 gross margin · 2024
BREB BELGIUM
€ 4,227 gross margin · 2025
EXTREME CLEAN
€ 636,459 gross margin · 2025
+8 more
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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0464.781.636
- VAT number
- BE 0464.781.636
- Registered office
- Pathoekeweg 9B bus 009, 8000 Brugge
- Names & denominations
- LICOM-TELECOM-SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1998
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- licom.be
- Activities · NACE
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