ABELEC
ActiveABELEC has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €180k and a net result of €-2k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▼-10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 39.89 against 35.5 in 2023; short-term debt: 2.5% and cash: 2.2% of total assets), and 2.5% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
97.5%
Return on assets
-1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
140 d late
2022
122 d late
2021
133 d late
2020
496 d late
2019
137 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k
2023 · €5k
2018: €-3k
2019: €-5k
2020: €7k
2021: €2k
2022: €5k
2023: €5k
2018 → 2024
Working capital
€180k▼ 0.8%
2023 · €181k
2018: €161k
2019: €159k
2020: €170k
2021: €172k
2022: €177k
2023: €181k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€170k-€172k▲ 1.0%€177k▲ 3.1%€182k▲ 2.7%€180k▼ 1.0%
Operating result€-10k-€-8k▲ 24.6%€-1k▲ 86.7%€442€-11k
Net result€7k-€2k▼ 74.2%€5k▲ 202%€5k▼ 11.1%€-2k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €442 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €185k
Fixed assets
€500▼ 49.3%
Current assets
€184k▼ 1.1%
Equity and liabilities €185k
Equity
€180k▼ 1.0%
Debt
€5k▼ 12.0%
The debt ratio falls from 2.8% to 2.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2023 · €927
Cash flow
€-1k▼
2023 · €5k
Solvency
97.5%▲
2023 · 97.2%
Current ratio
39.89▲
2023 · 35.50
Quick ratio
39.89▲
2023 · 35.50
Debt / equity
0.03▼
2023 · 0.03
ROE
-1.1%▼
2023 · 2.6%
ROA
-1.0%▼
2023 · 2.5%
Debt
€5k▼
2023 · €5k
Debt ≤ 1 year
€5k▼
2023 · €5k
Income taxes
€2k▼
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€187k€185k▼
Fixed assets21/28€986€500▼
Tangible fixed assets22/27€986€500▼
Furniture and vehicles24€986€500▼
Current assets29/58€186k€184k▼
Amounts receivable within one year40/41€182k€180k▼
Trade receivables40€8k€1k▼
Other amounts receivable41€174k€179k▲
Cash at bank and in hand54/58€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€187k€185k▼
Equity10/15€182k€180k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€50k€50k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€48k€48k=
Profit (loss) carried forward14€113k€111k▼
Amounts payable17/49€5k€5k▼
Amounts payable within one year42/48€5k€5k▼
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€485€485=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€385€387▲
Gross operating margin9900€1k€-7k▼
Operating profit (loss)9901€442€-11k▼
Financial income75/76B€9k€11k▲
Recurring financial income75€9k€11k▲
Financial charges65/66B€342-
Recurring financial charges65€342-
Profit (loss) for the period before taxes9903€9k€-92▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€5k€-2k▼
Profit (loss) for the period to be appropriated9905€5k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€113k€111k▼
Profit (loss) brought forward from the previous period14P€108k€113k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 140 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
11-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 133 days late
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 496 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 105.15
Current ratio from 27.74 to 105.15; short-term debt falls from €6k to €2k.
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 137 days late
2019
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 90 days late
2018
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 88 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
07-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 191 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Nassogne · 1 establishment unit since 1990
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.
Rue de Lahaut 786950 NassogneGround area
2,028 m²
Building footprint
103 m²
Volume, LiDAR
640 m³
Parcel 83040A0991/00F000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ABELEC
since 19902.029.638.490
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83040A0991/00F000 | Wallonia | 2,028 m² | 1 · 103 m² | 8.5 m · 2 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.
Similar companies · same sector, comparable size
LAMBERTS SERVICE
BE 0453.428.874
Deinze · Eq €180k
HAP
BE 0780.818.920
Bredene · Eq €180k
EECKELEERS
BE 0861.745.327
Mechelen · Eq €180k
OTTOSSUN ENERGY SYSTEMS
BE 0461.377.530
Roeselare · Eq €180k
JMG CONCEPT
BE 0456.896.229
Evere · Eq €180k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,416 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded15-12-1986
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:alaindruant@hotmail.com
Phone:0475326137