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AV-ELEC

Active
Private limited companyfounded 2020active for 6 yearsBois des Moines(AWR) 79, 4400 Flémalle, BelgiumKBO/BCE: BE 0745.406.891
Summary

The computed 12-month bankruptcy probability of AV-ELEC is 7.9% (elevated). The 2025 annual accounts show negative equity (-€30,836) and a net result of -€39,525. Equity has been shrinking by about 28% per year since 2021. Its solvency ranks better than 5% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 13-03-2020 Normal situation
Activity
General electrical installation work NACE 43211
Establishment units
2.301.010.838 4400 Flémalle, since 13-03-2020
2.301.010.937 4400 Flémalle, since 13-03-2020
Financial year end
31 December
Peppol
Reachable since 01-09-2025

Board and ownership

Board
  • FOCAN AurélienDirector

Financial position

30 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
7.9%
Annual accounts 2025
Gross margin
-€26,986
Loss
€39,525
▲ 683%
Equity
-€30,836
Total assets
€42,692
▼ 51.0%
Staff
≈ 0 FTE
estimated
  • Negative equity on 31-12-2025
  • 2025 accounts filed 91 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskLast filed accounts filed 91 days late; 3 of the last 3 accounts lateLiquidity: current ratio 0.63Loss of €39,525, the second in a row (financial year 2025)lowers riskSize: total assets €42,692Show the evidence

Checked score

Score 2025
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 2% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 0-35
equity -72.2% of total assets
Liquidity 0-20
short-term debt 151.7%
Profitability 0-44
return on assets -92.6%
Bankruptcy probability within 12 months
7.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 4.1% 01-2025: 4.0%▼ -0.1 percentage points vs 12-2024 02-2025: 3.9%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 4.0%▲ +0.1 percentage points vs 02-2025 04-2025: 4.0%● unchanged vs 03-2025 05-2025: 4.1%▲ +0.1 percentage points vs 04-2025 06-2025: 4.2%▲ +0.1 percentage points vs 05-2025 07-2025: 4.0%▼ -0.2 percentage points vs 06-2025 08-2025: 4.5%▲ +0.5 percentage points vs 07-2025 09-2025: 4.6%▲ +0.1 percentage points vs 08-2025 10-2025: 5.9%▲ +1.3 percentage points vs 09-2025 11-2025: 5.1%▼ -0.8 percentage points vs 10-2025 12-2025: 5.1%● unchanged vs 11-2025 01-2026: 5.0%▼ -0.1 percentage points vs 12-2025 02-2026: 5.1%▲ +0.1 percentage points vs 01-2026 03-2026: 5.0%▼ -0.1 percentage points vs 02-2026 04-2026: 5.1%▲ +0.1 percentage points vs 03-2026 05-2026: 5.0%▼ -0.1 percentage points vs 04-2026 06-2026: 4.4%▼ -0.6 percentage points vs 05-2026 07-2026: 4.4%● unchanged vs 06-2026 08-2026: 5.3%▲ +0.9 percentage points vs 07-2026 09-2026: 5.5%▲ +0.2 percentage points vs 08-2026 10-2026: 7.9%▲ +2.4 percentage points vs 09-2026highest value 11-2026: 7.9%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.63 (1.07 in 2024), below 1. Short-term debt is 151.7% 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 43, micro). It does better than 3% of them on solvency, 1% on liquidity, 4% on profitability and 1% on growth.

The bankruptcy probability was computed on 02-11-2026 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 · Last filed accounts filed 91 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €42,692
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.63
NBB · annual accounts
raises risk · Loss of €39,525, the second in a row (financial year 2025)
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
2122232425
2021 to 2025 · latest year -€30,836
raises risk · 2025 accounts filed 91 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-10-2026, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filings
Deviation from the deadline
2025
91 days late
2024
80 days late
2023
91 days late
2022
61 days late
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 71 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
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 -€30,836 View
  • Caution: Lower solvency than 95% of companies in specialised constructionsector median 46.7% · 34,946 companies -72.2% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€39,525 View

Recent changes

  1. · Gazette deed Incorporation
All 7 events

Comparable companies

These companies have the same main activity as AV-ELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €39,300 and €47,700, founded between 2019 and 2020.

CompanyTotal assetsGross margin
AV-ELEC Flémalle€42,692-€26,986
ELECTHOR Ottignies-Louvain-la-Neuve€44,793€772
NEW HOME PERFECT La Louvière€44,938-€12,602
D-MONTAGE Zaventem€43,489€0
HNS VAN CENTER Genk€47,679-€7,720
ElektroPR Mol€39,275-€11,262
Elektriciteitswerken Gabriele Genk€40,081-€10,064
Full comparison

Key facts about AV-ELEC

What is the company number of AV-ELEC?
The company number of AV-ELEC is 0745.406.891. The VAT number is the same number with BE in front: BE 0745.406.891.
Where is AV-ELEC based?
The registered office is at Bois des Moines(AWR) 79, 4400 Flémalle.Company details
What does AV-ELEC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of AV-ELEC?
The legal form of AV-ELEC is Private limited company (BV).
When was AV-ELEC founded?
AV-ELEC was founded on 13-03-2020.
Is AV-ELEC still active?
Yes, AV-ELEC is an active enterprise in the KBO register.
How many employees does AV-ELEC have?
AV-ELEC had an average of 2.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of AV-ELEC?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is AV-ELEC profitable?
In financial year 2025, AV-ELEC made a loss of €39,525.
Where can I find the annual accounts of AV-ELEC?
AV-ELEC filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AV-ELEC due?
AV-ELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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