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Telcotech

Active
Private limited company· 20 yrs active
KBO/BCE: BE 0878.594.425
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Age20 yrs
Staff (FTE)23

Summary

Conclusion

the dossier summarised in one paragraph

The file of Telcotech contains 2 judicial reorganisations and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2021 annual accounts show equity of €27k and a net result of €6k. Equity is growing by ~23.6% per year across the filed fiscal years.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
≥ 25% High
0%0,5%1,5%4%10%≥25%
Judicial reorganisation on record +Recent warning signals +No NACE activity registered +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Insolvency timeline

3 events
08-12-2025
KBO administration Address struck
Date: 23-11-2025 · Wolstraat 70 1000 Die Sitzadresse Rue aux Laines / Wolstraat Bruxelles · Publications in State Gazette ↗
02-07-2024
Judicial reorganisation Transfer under judicial authority
 · ondernemingsrechtbank Brussel · transfert_judiciaire · Publications in State Gazette ↗
25-03-2024
Judicial reorganisation Transfer under judicial authority
Date: 18-03-2024 · ondernemingsrechtbank Brussel · transfert_judiciaire · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.

Trust signals

2 signals
Register: dissolution or liquidation
The KBO register records legal situation 013 for this company. This is today's state according to the register itself; the register carries no start date.
Earlier reorganisation (closed)
Involved in a judicial reorganisation procedure in the past. No current open procedure.

Administrative Flags

1 event
Address struck

Financials

Turnover€563k
EBIT margin0.1%
Net result€6k-37.7%
Working capital€-15k-4036.8%

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 30-06-2022 with the NBB · fiscal year 2021 · verkort
€0€200k€400k€600kRevenue 2018: €563k€563kOperating result 2018: €728€728Net result 2018: €2k€2kOperating result 2019: €19k€19kNet result 2019: €7k€7kOperating result 2020: €19k€19kNet result 2020: €9k€9kOperating result 2021: €35k€35kNet result 2021: €6k€6k2018201920202021
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~23.6%/year over 4 fiscal years, indicative, assuming unchanged policy.
€10k€20k€30k€40k€50k2022: €34k (€31k - €36k)2023: €42k (€39k - €44k)2024: €51k (€49k - €53k)2018: €14k2019: €20k2020: €22k2021: €27k2018201920202021202220232024
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Revenue
€563k
- 18-21
EBITDA
€49k
+60.6% 18-21
Net profit
€6k
-37.7% 18-21
Cash flow
€20k
-3.0% 18-21
Total assets
€603k
+34.6% 18-21
Equity
€27k
+26.0% 18-21
Working capital
€-15k
-4036.8% 18-21
Employees (FTE)
23
-3.0% 18-21
Staff costs
€981k
- 18-21
Income taxes
€18k
+231.0% 18-21
Debt
€576k
+35.1% 18-21
Debt ≤ 1y
€576k
+35.1% 18-21
Current ratio
0.97
-2.5% 18-21
Quick ratio
0.97
-2.5% 18-21
Solvency
4.5%
-6.4% 18-21
Debt / equity
21.06
- 18-21
ROE
20.6%
-50.5% 18-21
ROA
0.9%
-53.7% 18-21
Net margin
0.3%
- 18-21
EBITDA margin
0.9%
- 18-21
Interest coverage
4.30
- 18-21
Figures by fiscal year
Fiscal year2021
Revenue-
EBITDA€49k
Net profit€6k
Cash flow€20k
Staff costs€981k
Income taxes€18k
Dividends-
Total assets€603k
Equity€27k
Debt€576k
of which ≤ 1y€576k
of which > 1y-
Working capital€-15k
Employees (FTE)23.0
Ratios (computed)
2021
Current ratio0.97
Quick ratio0.97
Working capital ratio-2.4%
Solvency4.5%
Debt / equity21.06
Long-term debt ratio-
Interest coverage4.30
Gross margin-
Net margin-
ROA0.9%
ROE20.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€603k
Fixed assets 21/28€42k
Tangible fixed assets 22/27€42k
Current assets 29/58€561k
Amounts receivable within one year 40/41€560k
Cash & bank 54/58€968
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€603k
Equity 10/15€27k
Contributions / capital 10/11€11k
Reserves 13€2k
Accumulated profits (losses) 14€15k
Amounts payable 17/49€576k
Amounts payable within one year 42/48€576k
Trade debts payable within one year 44€88k
Income statement
Gross operating margin 9900€1.03M
Operating result 9901€35k
Financial charges 65€11k
Result before taxes 9903€23k
Income taxes 67/77€18k
Net result for the period 9904€6k
Result to be appropriated 9905€6k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
28 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
Telcotech
Luchthavenlei 1, 2100 AntwerpenDetailhandel in auto's en lichte bestelwagens (= 3,5 ton)
since 20182.274.819.551
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area6,240 m²
Buildings2
Building footprint6,504 m²
Volume (LiDAR)93,677 m³
Tallest building42.2 m · ±12 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
11346B0773/00T004 Flanders 3,899 m² 1 · 4,663 m² 19.3 m · 2 fl.
21808H0901/00N000 Brussels 2,342 m² 1 · 1,841 m² 42.2 m · 12 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

3 events from the State Gazette
08-12-2025
KBO administration Address struck
Date: 23-11-2025 · Wolstraat 70 1000 Die Sitzadresse Rue aux Laines / Wolstraat Bruxelles · Publications in State Gazette ↗
02-07-2024
Judicial reorganisation Transfer under judicial authority
 · ondernemingsrechtbank Brussel · transfert_judiciaire · Publications in State Gazette ↗
25-03-2024
Judicial reorganisation Transfer under judicial authority
Date: 18-03-2024 · ondernemingsrechtbank Brussel · transfert_judiciaire · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-03-25 · Judicial reorganisation · Transfer under judicial authority2024-07-02 · Judicial reorganisation · Transfer under judicial authority2025-12-08 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

3 acts
Address history · 1
11-10-2024
Registered-office move
All acts · 3 updated 1 year ago
2024
11-10-2024 Registered office moved from Opwijk to Brussel Registered-office change
  • Kattestraat 20, 1745 Opwijk → Wolstraat 70, 1000 Brussel
26-08-2024 Closure of the liquidation End of life
2023
31-03-2023 De Spreekbuis resigns as director Director changes
  • De Spreekbuis, Bestuurder

Analysis

Snowflake analysis

financial profile on 5 axes
Health28Profitability100Solvency14Growth78Stability0
44 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 28
Profitability 100
Solvency 14
Growth 78
Stability 0

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL Telcotech
Trade nameNL Telcotech
Registration history
  1. 23-11-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.