TELECOM SECURITY
ActiveTELECOM SECURITY has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €12k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 71% of 2138 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +42 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+36
Solvency98=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.26 against 2.34 in 2024), and 40.8% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.2%
Return on assets
4.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
5 d early
2022
3 d early
2021
4 d early
2020
2 d early
2019
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k
2024 · €-42k
2018: €28k
2019: €42k
2020: €-26k
2021: €28k
2022: €11k
2023: €16k
2024: €-42k
2018 → 2025
Working capital
€146k▲ 0.7%
2024 · €145k
2018: €100k
2019: €143k
2020: €275k
2021: €157k
2022: €172k
2023: €186k
2024: €145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€171k-€182k▲ 6.5%€198k▲ 8.7%€156k▼ 21.0%€168k▲ 7.9%
Operating result€38k-€25k▼ 34.9%€28k▲ 10.8%€-34k€17k
Net result€28k-€11k▼ 60.3%€16k▲ 44.0%€-42k€12k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €17k after a loss of €34k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €285k
Fixed assets
€22k▲ 100%
Current assets
€262k▲ 3.7%
Equity and liabilities €285k
Equity
€168k▲ 7.9%
Debt
€116k▲ 7.7%
The debt ratio stays at 40.8%.
Key figures and ratios
EBITDA
€24k▲
2024 · €-32k
Cash flow
€19k▲
2024 · €-40k
Solvency
59.2%▲
2024 · 59.1%
Current ratio
2.26▼
2024 · 2.34
Quick ratio
2.26▼
2024 · 2.34
Debt / equity
0.69▼
2024 · 0.69
ROE
7.3%▲
2024 · -26.7%
ROA
4.3%▲
2024 · -15.8%
Interest coverage
4.95▲
2024 · -4.53
Debt
€116k▲
2024 · €108k
Debt ≤ 1 year
€116k▲
2024 · €108k
Income taxes
€75▼
2024 · €597
Staff costs
€278
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€264k€285k▲
Fixed assets21/28€11k€22k▲
Tangible fixed assets22/27€11k€22k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€2k€14k▲
Other tangible fixed assets26€5k€5k▼
Financial fixed assets28€127€127=
Current assets29/58€253k€262k▲
Amounts receivable within one year40/41€131k€158k▲
Trade receivables40€109k€133k▲
Other amounts receivable41€22k€25k▲
Cash at bank and in hand54/58€117k€104k▼
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€264k€285k▲
Equity10/15€156k€168k▲
Contributions10/11€105k€105k=
Reserves13€22k€22k=
Non-distributable reserves130/1€11k€11k=
Other1319€11k€11k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€30k€42k▲
Amounts payable17/49€108k€116k▲
Amounts payable within one year42/48€108k€116k▲
Current portion of amounts payable after more than one year42€9k-
Trade debts44€95k€112k▲
Suppliers440/4€95k€112k▲
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€3k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€278
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k▲
Other operating charges640/8€1k€542▼
Non-recurring operating charges66A€4k€118▼
Gross operating margin9900€-27k€25k▲
Operating profit (loss)9901€-34k€17k▲
Financial income75/76B€2€339▲
Recurring financial income75€2€339▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€-41k€12k▲
Income taxes67/77€597€75▼
Profit (loss) for the period9904€-42k€12k▲
Profit (loss) for the period to be appropriated9905€-42k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€42k▲
Profit (loss) brought forward from the previous period14P€71k€30k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-42k ▼362%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
31-12
Financial
Equity above €150kEq €171k ▲19.4%
Equity rises from €143k to €171k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 3.35
Current ratio from 1.62 to 3.35; short-term debt falls from €232k to €117k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
31-12
Financial
Highest result since 2018net €42k ▲50.2%
Operating result €49k, net result €42k, both a record.
31-12
Financial
Equity above €150kEq €169k ▲33.3%
2 profitable years in a row build equity to €169k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
MOREAU Fabrice
CurrentDirector · since 05-03-2024
05-03-2024
Resigned as Manager
05-03-2024
Appointed as Director
Location & real-estate footprint
Registered office, Gerpinnes · 1 establishment unit since 2011
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.
Avenue Astrid(GER) 156280 GerpinnesGround area
3,963 m²
Building footprint
715 m²
Parcel 52025C0381/00W000, Wallonia. Linked by address, not a title deed.
1 establishment unit
TELECOM SECURITY
since 20112.194.447.133
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52025C0381/00W000 | Wallonia | 3,963 m² | 1 · 715 m² | - |
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.
Similar companies · same sector, comparable size
NEW OMNI
BE 0839.231.627
Sint-Agatha-Berchem · Eq €168k
construKt+
BE 0838.080.196
Oudsbergen · Eq €168k
EURO TIME CONSTRUCT
BE 0474.632.777
Waremme · Eq €169k
PKA
BE 0749.732.893
Gent · Eq €168k
FINECO CONSTRUCTION
BE 0876.540.894
Fernelmont · Eq €169k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,859. 12,306 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2010
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
27402Manufacture of electrical equipment
33200Installation of industrial machinery and equipment
68121Development of residential building projects
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.