OPENING OF BANKRUPTCY

TELECOM & SECURITY SYSTEMS

Financial year 2024 · closed on 31/12/2024
Net result
-14,1 k €
+46.9% YoY
Gross margin
-6,9 k €
+74.1% YoY
Equity
631,4 k €
-2.2% YoY

Company — Opening of bankruptcy.

What does TELECOM & SECURITY SYSTEMS do?

TELECOM & SECURITY SYSTEMS is a Public limited company incorporated in 1999. Its main activity is: Computer programming activities. Its registered office is in Ranst.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0466.149.633
Incorporation
01/06/1999
Legal form
Public limited company
Registered office
Vaartstraat 191B
2520 Ranst · FlandreSee on map
Contributed capital
1 300 000,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 218
Signals
Solid equity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-6,9 k €-26,6 k €-12,9 k €-8 k €-2,4 k €-8,3 k €-10,6 k €-4,8 k €-63,6 k €-99,3 k €47,6 k €21,1 k €205,5 k €303,5 k €142,4 k €97,9 k €161,4 k €155,2 k €314,8 k €
EBITDA-6,9 k €-26,6 k €-12,9 k €-8 k €-2,4 k €-8,3 k €-10,6 k €-4,8 k €-83,5 k €-141,4 k €3 k €-59,5 k €3,5 k €127,8 k €21,1 k €-120,2 k €-99,2 k €-8,7 k €7,4 k €
Operating result-14,1 k €-26,6 k €-12,9 k €-8 k €-2,4 k €-8,3 k €-10,6 k €-4,8 k €-83,5 k €-197 k €-85,5 k €-59,5 k €-146,5 k €-42,3 k €21,1 k €-181,3 k €-151,3 k €-63,7 k €-58,1 k €
Net result-14,1 k €-26,6 k €-12,9 k €-8 k €-2,4 k €-8,3 k €-10,6 k €-2,7 k €-83,5 k €-197,3 k €-90,5 k €-60 k €-149,2 k €-23,6 k €21,9 k €-182,3 k €-151,6 k €-62,2 k €-62,6 k €
Balance sheet
Equity631,4 k €645,5 k €672,1 k €685 k €693,1 k €695,5 k €703,8 k €714,5 k €717,2 k €800,7 k €997,9 k €1,1 M €1,1 M €857,5 k €881,1 k €779,2 k €781,5 k €783,1 k €845,3 k €
Total assets808,8 k €843,9 k €844,5 k €843,1 k €815,4 k €818,4 k €815,6 k €817,8 k €830,2 k €835,9 k €1,1 M €1,2 M €1,3 M €2,8 M €2,6 M €2,4 M €2,3 M €2,2 M €2 M €
Cash0 €496 €1,4 k €0 €183 €3,1 k €341 €2,6 k €5,8 k €11,6 k €33,7 k €46,9 k €163,2 k €52 k €4,4 k €13,1 k €9,7 k €30,2 k €33,9 k €
Debts177,5 k €198,4 k €168,4 k €157,4 k €122,4 k €122,9 k €111,8 k €103,3 k €113 k €21,8 k €149,2 k €108,4 k €177,9 k €2 M €1,7 M €1,6 M €1,6 M €1,4 M €1,2 M €
Other
Workforce0,4 ETP1,0 ETP1,0 ETP1,1 ETP3,6 ETP5,0 ETP4,0 ETP6,5 ETP7,0 ETP6,0 ETP9,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 10 ended

Active mandates

K. BOECKX ADVIES

Mandate · 0459.416.843

Active
Active

Ended mandates

K. BOECKX ADVIES

Director · since 31 mai 2011 · until 31 mai 2017 · 0459.416.843

Ended
Koen Boeckx

Managing director · since 31 mai 2011 · until 31 mai 2017

Ended
Els Martens

Director · since 31 mai 2005 · until 31 mai 2010

Ended
Els Martens

Director · since 31 mai 2005 · until 31 mai 2011

Ended
At this address

Other companies at this address

CompanyCBE no.
K. BOECKX ADVIESBankrupt
0459.416.843
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/11/202527/09/202531/01/202431/01/202409/02/202209/02/2022
General meeting20/10/202520/10/202431/01/202431/01/202401/02/202201/02/2022
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202420/10/202527/11/2025DutchPDF
Abridged model31/12/202320/10/202427/09/2025DutchPDF
Abridged model31/12/202231/01/202431/01/2024DutchPDF
Abridged model31/12/202131/01/202431/01/2024DutchPDF
Abridged model31/12/202001/02/202209/02/2022DutchPDF
Abridged model31/12/201901/02/202209/02/2022DutchPDF
Abridged model31/12/201801/02/202209/02/2022DutchPDF
Abridged model31/12/201701/02/202209/02/2022DutchPDF
Abridged model31/12/201601/02/202209/02/2022DutchPDF
Abridged model31/12/201501/02/202209/02/2022DutchPDF
Abridged model31/12/201401/02/202209/02/2022DutchPDF
Abridged model31/12/201301/02/202208/02/2022DutchPDF
Abridged model31/12/201227/09/201321/10/2014DutchPDF
Abridged model31/12/201128/09/201216/09/2014DutchPDF
Abridged model31/12/201030/09/201115/09/2014DutchPDF
Abridged model31/12/200907/04/201111/04/2011DutchPDF
Abridged model31/12/200825/08/201024/02/2011DutchPDF
Abridged model31/12/200725/08/201024/02/2011DutchPDF
Abridged model31/12/200617/04/200824/02/2011DutchPDF
Abridged model31/12/200512/02/200713/02/2007DutchPDF
Abridged model31/12/200422/01/200712/02/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 10 ended

Active mandates

K. BOECKX ADVIES

Mandate · 0459.416.843

Active
Active

Ended mandates

K. BOECKX ADVIES

Director · since 31 mai 2011 · until 31 mai 2017 · 0459.416.843

Ended
Koen Boeckx

Managing director · since 31 mai 2011 · until 31 mai 2017

Ended
Els Martens

Director · since 31 mai 2005 · until 31 mai 2010

Ended
Els Martens

Director · since 31 mai 2005 · until 31 mai 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2017
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2012
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/10/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/01/2005
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Mandates06/11/2002
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2002
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-14,1 k €
  2. 2023
    Annual accounts 2023-26,6 k €
  3. 2022
    Annual accounts 2022-12,9 k €
  4. 2021
    Annual accounts 2021-8 k €
  5. 2020
    Annual accounts 2020-2,4 k €
  6. 2019
    Annual accounts 2019-8,3 k €
  7. 2018
    Annual accounts 2018-10,6 k €
  8. 2017
    Annual accounts 2017-2,7 k €
  9. 2016
    Annual accounts 2016-83,5 k €
  10. 2015
    Annual accounts 2015-197,3 k €
  11. 2014
    Annual accounts 2014-90,5 k €
  12. 2013
    Annual accounts 2013-60 k €
  13. 2012
    Annual accounts 2012-149,2 k €
  14. 2011
    Annual accounts 2011-23,6 k €
  15. 2010
    Annual accounts 201021,9 k €
  16. 2009
    Annual accounts 2009-182,3 k €
  17. 2008
    Annual accounts 2008-151,6 k €
  18. 2007
    Annual accounts 2007-62,2 k €
  19. 2006
    Annual accounts 2006-62,6 k €
  20. 01/06/1999
    IncorporationPublic limited company