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CHRISELEC

Active
Private limited company (pre-2019)founded 200520 yrs activeRue Idès Vanschepdael 66, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 0877.011.642
Summary

The computed 12-month bankruptcy probability of CHRISELEC is 1.8% (moderate). The 2025 annual accounts show negative equity (-€19,960) and a net result of €17,261. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 9017 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of other non-residential buildings
NACE 41003NACE 41203General electrical installation work NACE 43211
1 site
Size
€84,428total assets 2025
Staff
1.5 FTE
Equity
-€19,960
Profit
€17,261
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
1.8%
Structure
Accounts filed 31 d late0 of 2 deeds read
Why 54- Sector Construction of residential and non-residential buildings (NACE 41)- Latest accounts 31 days late; 3 of the last 3 late- Negative equity -€19,960+ Founded in 2005Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 43% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 1+1
equity -23.6% of total assets
Liquidity 19+19
short-term debt 103.1% · cash 15.5%
Profitability 88+34
return on assets 20.4%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,367 companies)
Last 24 months 11-2024: 5.6% 12-2024: 6.5%▲ +16.3% vs 11-2024highest value 01-2025: 5.4%▼ -17.0% vs 12-2024 02-2025: 5.4%● 0.0% vs 01-2025 03-2025: 5.4%▲ +0.2% vs 02-2025 04-2025: 5.4%● 0.0% vs 03-2025 05-2025: 5.1%▼ -5.8% vs 04-2025 06-2025: 4.9%▼ -4.4% vs 05-2025 07-2025: 4.9%▲ +0.8% vs 06-2025 08-2025: 5.1%▲ +3.9% vs 07-2025 09-2025: 4.8%▼ -4.9% vs 08-2025 10-2025: 3.4%▼ -29.9% vs 09-2025 11-2025: 3.4%● 0.0% vs 10-2025 12-2025: 3.4%● 0.0% vs 11-2025 01-2026: 3.4%● 0.0% vs 12-2025 02-2026: 3.4%● 0.0% vs 01-2026 03-2026: 3.3%▼ -1.9% vs 02-2026 04-2026: 3.3%▼ -0.4% vs 03-2026 05-2026: 3.2%▼ -3.0% vs 04-2026 06-2026: 3.1%▼ -3.2% vs 05-2026 07-2026: 3.2%▲ +1.5% vs 06-2026 08-2026: 3.9%▲ +23.4% vs 07-2026 09-2026: 1.8%▼ -53.7% vs 08-2026lowest value 10-2026: 1.8%● 0.0% vs 09-2026lowest value
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
  • Latest accounts 31 days late; 3 of the last 3 late raises the probability
  • Negative equity -€19,960 raises the probability
  • Founded in 2005 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.84 against 0.47 in 2024; short-term debt: 103.1% and cash: 15.5% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 7%, liquidity 16%, profitability 72%, growth against the median 78%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Latest accounts 31 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Negative equity -€19,960
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2005
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 9017 sector peers (2025).
NBB · sector comparison
Position among 9017 sector peers
Solvency
better than 8%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 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 filings
Deviation from the deadline
2025
31 d late
2024
54 d late
2023
120 d late
2022
256 d late
2021
23 d late
2020
100 d late
2019
48 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 90 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 September (4 of the last 5 filed years within 67 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €4,838

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€19,960 View
  • Caution: Among the weakest 7% on equitysector median €45,709 · 9,025 companies -€19,960 View
  • Total assets 20256 fiscal years filed €84,428 View

By topic

Financials

Fiscal year
2025
Total assets
€84,428
Profit
€17,261
Solvency
-23.6%
Total assets▲ 22.6%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 23-09-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General construction of other non-residential buildingsNACE 41003
Founded
26-10-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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