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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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TELCO from Gent, company number BE0473623977, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year TELCO recorded a gross margin of € 1 million and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 421,010 to € 1.5 million. 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 June 24, 2026.
€ 3.5 million
▲ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ 251% vs 2024
Profit after tax over the fiscal year.
€ 26,759
▲ € 21,860 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 311,873 paid out
21 % of the profit went to the shareholders, mostly to CAD Architecten en Planners (100 % of the shares). That is where the money ends up.
People and assets in 2025
5.7
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 432,432
▲ 15% vs 2024
€ 75,900 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.
€ 168,610
▲ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 16% vs 2024
€ 268,333 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 250,561
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 113,043
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 640,667 | € 884,059 | € 1,170,990 | € 1,030,625 | ▼ 12% |
| Profit after taxes | € -218,169 | € -46,855 | € 421,010 | € 1,477,207 | ▲ 251% |
| Equity | € 1,826,155 | € 1,779,300 | € 2,334,380 | € 3,499,714 | ▲ 50% |
| Total debts | € 3,897,622 | € 3,970,257 | € 3,350,039 | € 2,080,076 | ▼ 38% |
| Cash | € 4,998 | € 45,971 | € 4,900 | € 26,759 | ▲ € 21,860 |
| Retained profit | € 117,685 | € 74,482 | € 129,562 | € 1,294,896 | ▲ € 1.2 million |
| Dividend | € 0 | € 0 | € 365,930 | € 311,873 | ▼ 15% |
| Bank debt | € 2,227,083 | € 1,952,084 | € 1,677,084 | € 1,402,084 | ▼ 16% |
| Balance sheet total | € 5,723,777 | € 5,749,557 | € 5,684,419 | € 5,579,790 | ▼ 2% |
| Employees (FTE) | 5.8 | 5.8 | 5.1 | 5.7 | ▲ 0.6 |
Key figures of TELCO, 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 TELCO?
What happened at TELCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- COMIVIGO stepped down as director. NBB
- CAD ARCHITECTEN EN PLANNERS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▲ 251% vs 2024). Source: NBB ↗
- COMIVIGO became a director. NBB
- CAD ARCHITECTEN EN PLANNERS became a director. NBB
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 218,169 loss in 2022 to € 1.5 million profit in 2025.
Paid € 43,326 in corporate taxes since 2022.
Best year ever: 2025, with € 1.5 million profit.
On average € 180,800 of value added per employee in 2025.
Management
The stake of CAD Architecten en Planners comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TELCOThe shares are held by CAD Architecten en Planners (100%). It owns 75% of E.V.A. Consulting and 75% of E.V.A. Engineering itself.
Directors
According to the 2025 annual accounts
Director · represented by Michelle Bouquet
since 2024 · until 2030
Managing director · represented by Sébastien Cools
Also active at: Cadco, STEP BY STEP, E.V.A. CONSULTING, E.V.A. INTERNATIONAL, E.V.A. ENGINEERING, ARCH & TECO architecture and planning
since 2024 · until 2030
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Coupure 55
9000 Gent
Pacificatielaan 33
9000 Gent
Active since 3 January 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →Liberale Socio - Culturele Werken Filip van Welden
Cadco same network
€ 319,107 gross margin · 2025
TECHNICAL AND ENVIRONMENTAL ENGINEERING
€ 415,997 gross margin · 2025
ARCH & TECO ENGINEERING
€ 754,684 gross margin · 2025
Infra.Care
€ -1,031 gross margin · 2025
+23 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
Domain
Domain
arch-teco.com
Registered
1999-10-06
Registrar
Realtime Register B.V.
Expires
2026-10-06
Website info
Features
Security
Details
- Company number
- 0473.623.977
- VAT number
- BE 0473.623.977
- Registered office
- Coupure 55, 9000 Gent
- Names & denominations
- TELCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2000
- Peppol
- Active · Active since 31 Oct 2025
- Contact
- arch-teco.com
- Activities · NACE
Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen
Secretariaten
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Verhuur van niet-residentiële gebouwen
Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren
Handel in eigen onroerend goed
Markt- en opinieonderzoek
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
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