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TELAGE

Active
Private limited company (pre-2019)founded 201412 yrs activeMichel Angelolaan 18, 1000 Brussel, BelgiumKBO/BCE: BE 0546.834.728

TELAGE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €1k. Equity is shrinking by ~21.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 23% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
61 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+72
Solvency45▼-20
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.66 in 2024; short-term debt: 80.3% and cash: 14.4% of total assets), and 80.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31616 sector peers (2025).
NBB · sector comparison
Position among 31616 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 d early
2024
20 d late
2023
15 d late
2022
1 d early
2021
63 d early
2020
6 d early
2019
15 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€10k▼ 75.0%
2024 · €39k
2019: €117k 2020: €57k 2021: €59k 2022: €114k 2023: €66k 2024: €39k
2019 → 2025
Total assets
€49k▼ 48.9%
2024 · €95k
2019: €191k 2020: €95k 2021: €155k 2022: €210k 2023: €286k 2024: €95k
2019 → 2025
Net result
€1k
2024 · €-28k
2019: €19k 2020: €-59k 2021: €2k 2022: €56k 2023: €-48k 2024: €-28k
2019 → 2025
Working capital
€9k▼ 75.4%
2024 · €37k
2019: €117k 2020: €57k 2021: €57k 2022: €114k 2023: €66k 2024: €37k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€59k-€114k▲ 94.3%€66k▼ 42.1%€39k▼ 41.9%€10k▼ 75.0%
Operating result€3k-€76k▲ 2,395%€-46k€-28k▲ 39.5%€2k
Net result€2k-€56k▲ 3,219%€-48k€-28k▲ 42.4%€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €3k€3kNet result 2021: €2k€2kOperating result 2022: €76k€76kNet result 2022: €56k€56kOperating result 2023: €-46k€-46kNet result 2023: €-48k€-48kOperating result 2024: €-28k€-28kNet result 2024: €-28k€-28kOperating result 2025: €2k€2kNet result 2025: €1k€1k20212022202320242025
The operating result returns to profit in 2025: €2k after a loss of €28k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets €395▼ 61.3%
Current assets €48k▼ 48.7%
Equity and liabilities €49k
Equity €10k▼ 75.0%
Debt €39k▼ 31.1%
The debt ratio rises from 59.6% to 80.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2k
2024 · €-27k
Cash flow
€2k
2024 · €-27k
Solvency
19.7%
2024 · 40.4%
Current ratio
1.24
2024 · 1.66
Quick ratio
1.24
2024 · 1.66
Debt / equity
4.07
2024 · 1.48
ROE
11.6%
2024 · -72.2%
ROA
2.3%
2024 · -29.2%
Interest coverage
8.67
2024 · -9.38
Debt
€39k
2024 · €57k
Debt ≤ 1 year
€39k
2024 · €57k
Income taxes
€178
2024 · €177
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€95k€49k
Fixed assets21/28€1k€395
Tangible fixed assets22/27€1k€395
Plant, machinery and equipment23€1k€395
Current assets29/58€94k€48k
Amounts receivable after more than one year29€20k-
Other amounts receivable291€20k-
Amounts receivable within one year40/41€41k€39k
Trade receivables40€7k€8k
Other amounts receivable41€34k€30k
Cash at bank and in hand54/58€3k€7k
Deferred charges and accrued income490/1€30k€3k
Equity and liabilities
Total equity and liabilities10/49€95k€49k
Equity10/15€39k€10k
Contributions10/11€6k€6k=
Reserves13€110k€80k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€108k€78k
Profit (loss) carried forward14€-78k€-77k
Amounts payable17/49€57k€39k
Amounts payable within one year42/48€57k€39k
Trade debts44€1k€2k
Suppliers440/4€1k€2k
Advances received on contracts in progress46€1k€1k=
Taxes, remuneration and social security45€5k€6k
Taxes450/3€5k€6k
Other amounts payable47/48€50k€30k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€626€626=
Other operating charges640/8€2k€909
Gross operating margin9900€-25k€3k
Operating profit (loss)9901€-28k€2k
Financial income75/76B€3k-
Recurring financial income75€3k-
Financial charges65/66B€3k€250
Recurring financial charges65€3k€250
Profit (loss) for the period before taxes9903€-28k€1k
Income taxes67/77€177€178
Profit (loss) for the period9904€-28k€1k
Profit (loss) for the period to be appropriated9905€-28k€1k
Appropriation of the result
Profit (loss) to be appropriated9906€-78k€-77k
Profit (loss) brought forward from the previous period14P€-50k€-78k
Transfer from equity791/2-€30k
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €1k
Net result €1k after 2 loss-making years.
20-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
15-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Highest result since 2019net €56k ▲3219%
Operating result €76k, net result €56k, both a record.
30-06
Financial Equity above €100kEq €114k ▲94.3%
2 profitable years in a row build equity to €114k.
2021
29-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
25-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Weakest financial yearnet €-59k ▼419%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
16-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
08-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
22-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Michel Angelolaan 181000 Brussel
Ground area
250 m²
Building footprint
96 m²
Volume, LiDAR
1,189 m³
Parcel 21806F0294/00S003, Brussels · tallest building 19.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TELAGE
Michel Angelolaan 18, 1000 BrusselActivities of head offices; management consultancy activities
since 20142.227.251.642
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21806F0294/00S003 Brussels 250 m² 1 · 96 m² 19.7 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

9676002GXHSCEL0ZPI12
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 22,528 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded24-02-2014
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.