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TELECOM VAN ASSCHE

Active
Private limited companyfounded 2011active for 15 yearsKruishoutemsesteenweg 244, 9750 Kruisem, BelgiumKBO/BCE: BE 0837.421.388
Summary

The computed 12-month bankruptcy probability of TELECOM VAN ASSCHE is 4.0% (elevated). The 2025 annual accounts show negative equity (-€24,796) and a net result of -€33,036. Equity has been shrinking by about 45% per year since 2019. Its solvency ranks better than 12% of 121 sector peers (NACE 61, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-06-2011 Normal situation
Activity
Wired, wireless and satellite telecommunications NACE 61100and 6 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 28-02-2025
Establishment unit
2.200.407.287 9750 Kruisem, since 12-07-2011
Financial year end
28 February
Peppol
Reachable since 20-11-2020

Board and ownership

Board
  • E.V.A. INVESTDirector · permanent representative Van Assche Conny
Shareholders

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.0%
Annual accounts to 28-02-2025
Gross margin
€142,154
▲ 4.3%
Turnover
≈ €360,000
estimated
Loss
€33,036
▼ 20.9%
Equity
-€24,796
Total assets
€46,260
▼ 47.9%
Employees on 28-02-2025
2
▼ 33.3%
  • Negative equity on 28-02-2025
  • 2025 accounts filed 45 days after the deadline
Score breakdownraises riskNegative equity -€24,796Loss of €33,036, the second in a row (financial year 2025)1 financial year not filed after the legal deadline; last filed accounts filed 47 days late; 3 of the last 3 accounts latelowers riskLiquidity: current ratio 0.65, cash €24,777, halvedShow the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 17% of micro companies in telecommunications (NACE 61)
Financial strength · tick: 2024
Weak
Solvency 0-34
equity -53.6% of total assets
Liquidity 50=
short-term debt 153.6% · cash 53.6%
Profitability 0=
return on assets -71.4%
Bankruptcy probability within 12 months
4.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (527 companies, NACE 61, micro)
Last 24 months 12-2024: 2.2% 01-2025: 2.1%▼ -0.1 percentage points vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.0%▼ -0.1 percentage points vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 1.9%▼ -0.1 percentage points vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 1.8%▼ -0.1 percentage points vs 06-2025 08-2025: 1.8%● unchanged vs 07-2025lowest value 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 2.1%▲ +0.3 percentage points vs 09-2025 11-2025: 2.2%▲ +0.1 percentage points vs 10-2025 12-2025: 4.5%▲ +2.3 percentage points vs 11-2025highest value 01-2026: 4.5%● unchanged vs 12-2025highest value 02-2026: 4.5%● unchanged vs 01-2026highest value 03-2026: 4.5%● unchanged vs 02-2026highest value 04-2026: 4.5%● unchanged vs 03-2026highest value 05-2026: 4.3%▼ -0.2 percentage points vs 04-2026 06-2026: 4.3%● unchanged vs 05-2026 07-2026: 4.2%▼ -0.1 percentage points vs 06-2026 08-2026: 4.1%▼ -0.1 percentage points vs 07-2026 09-2026: 4.0%▼ -0.1 percentage points vs 08-2026 10-2026: 4.0%● unchanged vs 09-2026 11-2026: 4.0%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.65 (1.1 in 2024), below 1. Short-term debt is 153.6% and cash 53.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 61, micro). It does better than 7% of them on solvency, 50% on liquidity, 8% on profitability and 2% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€24,796
NBB · annual accounts
raises risk · Loss of €33,036, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 47 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 0.65, cash €24,777, halved
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€24,796
raises risk · 2025 accounts filed 45 days late
The financial year that closed on 28-02-2025 was due by 30-09-2025 and was filed on 14-11-2025, 45 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
45 days late
2024
74 days late
2023
67 days late
2022
46 days late
2021
56 days late
2020
61 days late
2019
9 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 51 days after the deadline. In the sector (NACE 61), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€24,796 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€33,036 View
  • Caution: Lower solvency than 88% of companies in telecommunicationssector median 41.6% · 121 companies -53.6% View

Recent changes

  1. · Gazette deed Change of role: E.V.A. Invest, from manager to directorPermanent representative: Van Assche Conny
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as TELECOM VAN ASSCHE: wired, wireless and satellite telecommunications (NACE 61100). They are comparable in size and age: total assets between €76,500 and €266,000, founded between 2008 and 2013.

CompanyTotal assetsGross margin
TELECOM VAN ASSCHE Kruisem€46,260€142,154
INTELLINET Lier€189,264€147,479
CubeStore Mechelen€159,642€283,071
Connectingpeople Pro Erpe-Mere€265,829€121,116
GELATIAMO Berlare€109,996€72,440
SANAA Menen€76,490€82,433
CH & MA Sint-Pieters-Leeuw€79,251€70,046
Full comparison

Key facts about TELECOM VAN ASSCHE

What is the company number of TELECOM VAN ASSCHE?
The company number of TELECOM VAN ASSCHE is 0837.421.388. The VAT number is the same number with BE in front: BE 0837.421.388.
Where is TELECOM VAN ASSCHE based?
The registered office is at Kruishoutemsesteenweg 244, 9750 Kruisem.Company details
What does TELECOM VAN ASSCHE do?
According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
What is the legal form of TELECOM VAN ASSCHE?
The legal form of TELECOM VAN ASSCHE is Private limited company (BV).
When was TELECOM VAN ASSCHE founded?
TELECOM VAN ASSCHE was founded on 30-06-2011.
Is TELECOM VAN ASSCHE still active?
Yes, TELECOM VAN ASSCHE is an active enterprise in the KBO register.
How many employees does TELECOM VAN ASSCHE have?
TELECOM VAN ASSCHE had an average of 2.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TELECOM VAN ASSCHE fall under?
In its 28-02-2025 annual accounts, TELECOM VAN ASSCHE states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of TELECOM VAN ASSCHE?
The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €142,154 and 1,648 comparable companies of the same size. It probably lies between €220,000 and €680,000. It is a rough estimate.
Is TELECOM VAN ASSCHE profitable?
In financial year 2025, TELECOM VAN ASSCHE made a loss of €33,036.
Where can I find the annual accounts of TELECOM VAN ASSCHE?
TELECOM VAN ASSCHE filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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