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 24 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Teleservice Systems from Ieper, company number BE0869702493, closed financial year 2025 with a result of € -65,929 after tax. For that financial year Teleservice Systems recorded a gross margin of € 2.2 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 1.4 million to € -65,929. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 2.3 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -65,929
▼ still € 1.4 million profit in 2024
Profit after tax over the fiscal year.
€ 134,609
▲ € 127,180 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.8 million.
People and assets in 2025
21.2
▼ 18.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 48% vs 2024
€ 75,800 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.
€ 328,803
▲ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.8 million
▲ 7% vs 2024
€ 326,113 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 349,306
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 221,936
▼ 78% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,354,295 | € 3,351,377 | € 5,733,814 | € 2,180,965 | ▼ 62% |
| Profit after taxes | € 169,898 | € -16,287 | € 1,412,842 | € -65,929 | ▼ € 1.5 million |
| Equity | € 997,862 | € 981,574 | € 2,394,416 | € 2,328,487 | ▼ 3% |
| Total debts | € 10,729,347 | € 10,585,458 | € 9,122,591 | € 9,740,089 | ▲ 7% |
| Cash | € 233,197 | € 387,783 | € 7,429 | € 134,609 | ▲ € 127,180 |
| Land & buildings | € 10,432,145 | € 10,523,528 | € 10,739,812 | € 11,309,483 | ▲ 5% |
| Retained profit | € 435,362 | € 419,074 | € 1,831,916 | € 1,765,987 | ▼ 4% |
| Bank debt | € 6,041,653 | € 5,723,096 | € 5,402,039 | € 5,777,843 | ▲ 7% |
| Balance sheet total | € 11,727,209 | € 11,567,032 | € 11,517,007 | € 12,068,576 | ▲ 5% |
| Employees (FTE) | 16 | 0 | 39.4 | 21.2 | ▼ 18.2 |
Key figures of Teleservice 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 Teleservice Systems?
What happened at Teleservice Systems in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Claude DHAENE stepped down as director. NBB
- Christophe DHAENE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 65,929 (▼ € 1.5 million vs 2024). Source: NBB ↗
- Claude DHAENE became a director. NBB
- Christophe DHAENE became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 169,898 profit in 2022 to € 65,929 loss in 2025.
Paid € 746,276 in corporate taxes since 2022.
Best year ever: 2024, with € 1.4 million profit.
On average € 102,900 of value added per employee in 2025.
Management
The shares are held by e-BO CORPORATE SERVICES bv (100%).
Directors
According to the 2025 annual accounts
Claude DHAENE
Director
since 2020 · until 2026
Christophe DHAENE
Managing director
Also active at: e-BO Enterprises, LBS CONSULTANCY, HybriX Energy, e-BO Corporate Services, BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM, Offshore Wind International
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ter Waarde 60
8900 Ieper
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.
Details
- Company number
- 0869.702.493
- VAT number
- BE 0869.702.493
- Registered office
- Ter Waarde 60, 8900 Ieper
- Names & denominations
- Teleservice Systems
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2004
- Peppol
- Not registered
- Activities · NACE
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