What does MUST TELECOM do?

MUST TELECOM is a shop in Hannut. Private Limited, started on 18 September 2015, 1 establishment.

What is the address of MUST TELECOM?

The registered office of MUST TELECOM is located at Rue Albert 1er 33, 4280 Hannut.

Is MUST TELECOM still active?

Yes. According to the CBE (29 October 2026) MUST TELECOM is active, legal situation “Normale toestand”, started on 18 September 2015.

Is MUST TELECOM registered on Peppol?

Yes, MUST TELECOM is registered on the Peppol network with ID 0208:0637868238.

What is the enterprise number of MUST TELECOM?

The enterprise number of MUST TELECOM is BE0637868238.

When was MUST TELECOM founded?

MUST TELECOM was founded on 18 September 2015.

Who are the directors of MUST TELECOM?

According to the 2024 annual accounts, the directors of MUST TELECOM are: Thomas Musin.

Is MUST TELECOM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 September 2015; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did MUST TELECOM make in 2024?

MUST TELECOM recorded a loss after taxes of € 122,617 in financial year 2024.

What is the revenue of MUST TELECOM?

As a small company, MUST TELECOM is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € -10,603.

MUST TELECOM (Private Limited) - Hannut - BE0637868238

Dossier MUST TELECOM, printed on 29 October 2026 from databakkes.be/en/0637868238/must-telecom. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2023 and 2024.
Tight liquidity NBB

Cash and receivables cover 5 % of short-term debt in 2024; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2024.

Financials

Financial year 2024

MUST TELECOM from Hannut, company number BE0637868238, closed financial year 2024 with a result of € -122,617 after tax. For that financial year MUST TELECOM recorded a gross margin of € -10,603 and equity of € 44,999. Compared with financial year 2023, the result moved from € -57,440 to € -122,617. The company made a loss. The buffer shrank hard: equity is 73 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.

What it is worth Shrank hard

€ 44,999

▼ 73% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -122,617

▼ 113 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 6,425

▲ 14% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 26,399.

People and assets in 2024

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 189,456

▲ 88% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 135,364

▲ € 107,710 vs 2023

€ 35,002 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 11,533

▼ 21% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 7,105

▼ 54% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 193,751 Gross margin 2021: € 193,751 First fiscal year in the series	€ 132,769 Gross margin 2022: € 132,769 ▼ 31% vs 2021 (€ 193,751) Unfavourable step	€ 35,850 Gross margin 2023: € 35,850 ▼ 73% vs 2022 (€ 132,769) Unfavourable step	€ -10,603 Gross margin 2024: € -10,603 ▼ € 46,453 vs 2023 (€ 35,850) Unfavourable step	▼ € 46,453
Profit after taxes	€ 80,382 Profit after taxes 2021: € 80,382 First fiscal year in the series	€ 11,306 Profit after taxes 2022: € 11,306 ▼ 86% vs 2021 (€ 80,382) Unfavourable step	€ -57,440 Profit after taxes 2023: € -57,440 ▼ € 68,747 vs 2022 (€ 11,306) Unfavourable step	€ -122,617 Profit after taxes 2024: € -122,617 ▼ € 65,176 vs 2023 (€ -57,440) Unfavourable step	▼ € 65,176
Equity	€ 213,750 Equity 2021: € 213,750 First fiscal year in the series	€ 225,057 Equity 2022: € 225,057 ▲ 5% vs 2021 (€ 213,750) Favourable step	€ 167,616 Equity 2023: € 167,616 ▼ 26% vs 2022 (€ 225,057) Unfavourable step	€ 44,999 Equity 2024: € 44,999 ▼ 73% vs 2023 (€ 167,616) Unfavourable step	▼ 73%
Total debts	€ 263,003 Total debts 2021: € 263,003 First fiscal year in the series	€ 250,737 Total debts 2022: € 250,737 ▼ 5% vs 2021 (€ 263,003) Favourable step	€ 161,185 Total debts 2023: € 161,185 ▼ 36% vs 2022 (€ 250,737) Favourable step	€ 278,906 Total debts 2024: € 278,906 ▲ 73% vs 2023 (€ 161,185) Unfavourable step	▲ 73%
Cash	€ 92,104 Cash 2021: € 92,104 First fiscal year in the series	€ 1,243 Cash 2022: € 1,243 ▼ 99% vs 2021 (€ 92,104) Unfavourable step	€ 5,650 Cash 2023: € 5,650 ▲ € 4,407 vs 2022 (€ 1,243) Favourable step	€ 6,425 Cash 2024: € 6,425 ▲ 14% vs 2023 (€ 5,650) Favourable step	▲ 14%
Land & buildings	€ 75,462 Land & buildings 2021: € 75,462 First fiscal year in the series	€ 106,743 Land & buildings 2022: € 106,743 ▲ 41% vs 2021 (€ 75,462) Unchanged	€ 82,001 Land & buildings 2023: € 82,001 ▼ 23% vs 2022 (€ 106,743) Unchanged	€ 61,849 Land & buildings 2024: € 61,849 ▼ 25% vs 2023 (€ 82,001) Unchanged	▼ 25%
Retained profit	€ 195,150 Retained profit 2021: € 195,150 First fiscal year in the series	€ 206,457 Retained profit 2022: € 206,457 ▲ 6% vs 2021 (€ 195,150) Favourable step	€ 149,016 Retained profit 2023: € 149,016 ▼ 28% vs 2022 (€ 206,457) Unfavourable step	€ 26,399 Retained profit 2024: € 26,399 ▼ 82% vs 2023 (€ 149,016) Unfavourable step	▼ 82%
Bank debt	€ 115,608 Bank debt 2021: € 115,608 First fiscal year in the series	€ 75,268 Bank debt 2022: € 75,268 ▼ 35% vs 2021 (€ 115,608) Favourable step	€ 27,654 Bank debt 2023: € 27,654 ▼ 63% vs 2022 (€ 75,268) Favourable step	€ 135,364 Bank debt 2024: € 135,364 ▲ € 107,710 vs 2023 (€ 27,654) Unfavourable step	▲ € 107,710
Balance sheet total	€ 476,753 Balance sheet total 2021: € 476,753 First fiscal year in the series	€ 475,793 Balance sheet total 2022: € 475,793 Unchanged (€ 476,753) Unchanged	€ 328,801 Balance sheet total 2023: € 328,801 ▼ 31% vs 2022 (€ 475,793) Unchanged	€ 323,905 Balance sheet total 2024: € 323,905 ▼ 1% vs 2023 (€ 328,801) Unchanged	▼ 1%

Key figures of MUST TELECOM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to MUST TELECOM?

What happened at MUST TELECOM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 29, 2025 Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
Oct 1, 2015 New establishment in Hannut. KBO
Sep 18, 2015 Start of the company according to the CBE. KBO

In short

From € 80,382 profit in 2021 to € 122,617 loss in 2024.

Paid € 30,203 in corporate taxes since 2021.

Best year ever: 2021, with € 80,382 profit.

Original PDFs at the National Bank ↗

Management

Thomas Musin

MUST TELECOM

PHONE TM CONSULT

Behind MUST TELECOM is Thomas Musin. Thomas Musin is also behind PHONE TM CONSULT.

Directors

According to the 2024 annual accounts

Thomas Musin

Andere functie

Also active at: PHONE TM CONSULT

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Albert 1er 33

4280 Hannut

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 →

PHONE TM CONSULT same network

€ -8,644 gross margin · 2024

CAR DREAM

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0637.868.238

VAT number

BE 0637.868.238

Registered office

Rue Albert 1er 33, 4280 Hannut

Names & denominations

MUST TELECOM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

18 September 2015

Peppol

Active · Active since 14 Nov 2025

Activities · NACE

Detailhandel in ICT-apparatuur

Handelsbemiddeling in de groothandel in andere specifieke goederen

View on CBE Public ↗ Annual accounts (NBB) ↗

MUST TELECOM

Warning lights

Financials

What happened to MUST TELECOM?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions