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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TELECT from Grez-Doiceau, company number BE0702813993, closed financial year 2025 with a result of € -91,132 after tax. For that financial year TELECT recorded a gross margin of € 3,445 and equity of € -71,731. Compared with financial year 2024, the result moved from € 51,542 to € -91,132. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ -71,731
▼ € 91,132 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -91,132
▼ still € 51,542 profit in 2024
Profit after tax over the fiscal year.
€ 4,194
▲ 148% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -90,331.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 189,654
▼ 7% vs 2024
Of which on lease € 189,654.
Debts at end 2025
€ 183,069
▼ 5% vs 2024
€ 16,343 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 10,673
▲ € 8,039 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,549
▼ 33% vs 2024
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 | € 63,408 | € 43,195 | € 80,882 | € 3,445 | ▼ 96% |
| Profit after taxes | € 19,240 | € 25,910 | € 51,542 | € -91,132 | ▼ € 142,674 |
| Equity | € 13,021 | € 12,660 | € 19,401 | € -71,731 | ▼ € 91,132 |
| Total debts | € 174,821 | € 141,958 | € 285,446 | € 292,542 | ▲ 2% |
| Cash | € 16,509 | € 6,074 | € 1,688 | € 4,194 | ▲ 148% |
| Retained profit | € 621 | € 260 | € 801 | € -90,331 | ▼ € 91,132 |
| Dividend | € 48,000 | € 25,650 | € 51,000 | € 0 | ▼ 100% |
| Bank debt | € 139,852 | € 126,246 | € 193,169 | € 183,069 | ▼ 5% |
| Balance sheet total | € 187,843 | € 154,618 | € 304,848 | € 220,811 | ▼ 28% |
Key figures of TELECT, 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 TELECT?
What happened at TELECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 91,132 (▼ € 142,674 vs 2024). Source: NBB ↗
- New establishment in Grez-Doiceau. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,240 profit in 2022 to € 91,132 loss in 2025.
Paid € 32,032 in corporate taxes since 2022.
Best year ever: 2024, with € 51,542 profit.
Paid out € 124,650 in dividends to the owners in total.
Management
Behind TELECT is Etienne VAN den BOGAERT.
Directors
According to the 2025 annual accounts
Etienne VAN den BOGAERT
Director
Establishments
Establishment units
Physical locations of this company
Rue des Merisiers 21
1390 Grez-Doiceau
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0702.813.993
- VAT number
- BE 0702.813.993
- Registered office
- Rue des Merisiers 21, 1390 Grez-Doiceau
- Names & denominations
- TELECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 2018
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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