Debts
€236,317 99% of the balance sheet
Suppliers 73%Taxes and wages 12%Other 16%
Bailly-Elec
Lifetime
2 annual accounts with figures on one time axispeak €346,726 (2025)
€346,726▲ 28.5%
lowest -€15,022 (2024)
€15,779▲ €30,801
peak €3,137 (2025)
€3,137▲ €15,659
€236,317▲ 85.1%
Board2 names since 2023
1 directorBAILLY Alexandre Jacques Joseph Nicolas
Documentsfilings and deeds
04-08-20264 days late
2025micro format
Gross margin from €269,899 to €346,726Back to profit: €15,779Equity from -€12,522 to €3,137Debts from €127,661 to €236,317Investments €89,169Cash from €19,990 to €13,852
Key points
from the 2025 annual accountsInvestments
€88,498 2.1 × depreciation
Green is investment, beige is depreciation.
Position in the sector
1.3%
Lower solvency than 90% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
2025 accounts filed 4 days after the deadline
Checked score
50
Fair
Financially stronger than 40% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 2.1%lowest value
02-2025: 2.1%● unchanged vs 01-2025lowest value
03-2025: 2.2%▲ +0.1 percentage points vs 02-2025
04-2025: 2.6%▲ +0.4 percentage points vs 03-2025
05-2025: 2.7%▲ +0.1 percentage points vs 04-2025
06-2025: 3.1%▲ +0.4 percentage points vs 05-2025
07-2025: 3.1%● unchanged vs 06-2025
08-2025: 3.4%▲ +0.3 percentage points vs 07-2025
09-2025: 3.3%▼ -0.1 percentage points vs 08-2025
10-2025: 3.3%● unchanged vs 09-2025
11-2025: 3.6%▲ +0.3 percentage points vs 10-2025
12-2025: 4.6%▲ +1.0 percentage point vs 11-2025
01-2026: 4.6%● unchanged vs 12-2025
02-2026: 4.6%● unchanged vs 01-2026
03-2026: 4.6%● unchanged vs 02-2026
04-2026: 4.6%● unchanged vs 03-2026
05-2026: 4.6%● unchanged vs 04-2026
06-2026: 4.5%▼ -0.1 percentage points vs 05-2026
07-2026: 4.5%● unchanged vs 06-2026
08-2026: 5.1%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 3.4%▼ -1.7 percentage points vs 08-2026
10-2026: 3.4%● unchanged vs 09-2026
11-2026: 3.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2023
Last filed accounts filed 4 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Equity €3,137 (1.3% of total assets)
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 9% of them on solvency, 5% on liquidity, 53% on profitability and 93% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,157 companies had the same profile as Bailly-Elec has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Bailly-Elec itself: 3.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,157 companies, not a prediction for Bailly-Elec. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · 2025 accounts filed 4 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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 · 2 filingsDeviation from the deadline
2025
4 days late
2024
109 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 57 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- BAILLY Alexandre Jacques Joseph Nicolas 100 sharesdeed of 22-12-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003672460
Appointment: Sandra BAILLY (administratrice chargée de la direction technique)
General meeting of 30-12-2023 · Gazette deed
Incorporation
Founding capital of €2,500, 100 shares · Founder: BAILLY Alexandre Jacques Joseph Nicolas · Appointment: BAILLY Alexandre Jacques Joseph Nicolas (director) · published on 22-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Bailly-Elec Liège | €239,454 | €346,726 | 1.3% | - |
| M-Tech Outsourcing Oudenburg | €249,155 | €301,907 | 2.7% | 2.6 |
| ONZE LAADPAAL EXPERT! Antwerp | €276,713 | €306,255 | 61.2% | - |
| GNN SOLUTIONS Grimbergen | €200,798 | €355,254 | 35.6% | - |
| SERASOL PLUS Herve | €312,000 | €454,382 | 17.7% | 5.3 |
| AJS Solutions télécom Juprelle | €153,860 | €305,768 | 2.3% | - |
| MS INDUTEK Uccle | €297,017 | €402,221 | 27.5% | - |
These companies have the same main activity as Bailly-Elec: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €154,000 and €312,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 20-12-2023Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment units
- 2.365.138.9244430 Ans, since 20-12-2023
- 2.365.139.0234020 Liège, since 20-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 04-03-2025
Annual accounts 2025
- ≈ €760,000estimated
- €239,454▲ 108%
- ≈ 4.5 FTEestimated
- Filing
- Filed on 04-08-2026
Insights on Bailly-Elec
The computed 12-month bankruptcy probability of Bailly-Elec is 3.4% (moderate). The 2025 annual accounts show equity of €3,137 and a net result of €15,779.
Its solvency ranks better than 10% of 35,136 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Bailly-Elec
- What is the company number of Bailly-Elec?
- The company number of Bailly-Elec is 1003.672.460. The VAT number is the same number with BE in front: BE 1003.672.460.
- Where is Bailly-Elec based?
- The registered office is at Rue du Parc 39, 4020 Liège.Company details
- What does Bailly-Elec do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Bailly-Elec?
- Bailly-Elec is a private limited company (BV).
- When was Bailly-Elec founded?
- Bailly-Elec was founded on 20-12-2023.
- Is Bailly-Elec still active?
- Yes, Bailly-Elec is an active enterprise in the KBO register.
- How many employees does Bailly-Elec have?
- Bailly-Elec had an average of 6.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Bailly-Elec?
- The turnover in financial year 2025 is ≈ €760,000. This figure is estimated from the gross margin of €346,726 and 35 comparable companies (NACE 43211). It probably lies between €660,000 and €950,000.
- Is Bailly-Elec profitable?
- In financial year 2025, Bailly-Elec made a profit of €15,779.
- Where can I find the annual accounts of Bailly-Elec?
- Bailly-Elec filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Bailly-Elec due?
- Bailly-Elec must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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