CKELEC
ActiveSummary
CKELEC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €107,902 and a net result of €17,185. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 66% of 36370 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
What they do
General electrical installation work
NACE 43211Electrical installation work in industrial facilities NACE 43212
1 site
How big
€177,555total assets 2024
- Equity
- €107,902
- Profit
- €17,185
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 2 deeds read
Why 71- Higher-failure-rate sector- Higher-failure-rate region+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability81▲+17
Solvency86▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.26 against 1.94 in 2023; short-term debt: 26.7% and cash: 8.4% of total assets), and 39.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
61 d late
2023
29 d late
2022
6 d early
2021
24 d late
2020
9 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Equity above €100,000Eq €107,902 ▲18.9%
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2024Total assets €177,555Profit €17,185Solvency 60.8%Liquidity 2.26
Turnover
€425,583
2023
Net result
€17,185▲ 265%
2018 - 2024
Equity
€107,902▲ 18.9%
2018 - 2024
Solvency
60.8%▲ 3.9pp
2018 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€425,583
Operating result€33,077-€14,634€12,720€5,666▼ 55.5%€22,448▲ 296%
Net result€30,189above the sector's middle half-€16,446below the sector's middle half€11,514within the sector's middle half€4,704within the sector's middle half▼ 59.1%€17,185within the sector's middle half▲ 265%
EBIT margin1.3%
Equity€90,944within the sector's middle half▲ 49.7%€74,498within the sector's middle half▼ 18.1%€86,013within the sector's middle half▲ 15.5%€90,717within the sector's middle half▲ 5.5%€107,902within the sector's middle half▲ 18.9%
Total assets€185,496within the sector's middle half▲ 1.8%€169,669within the sector's middle half▼ 8.5%€149,898within the sector's middle half▼ 11.7%€159,440within the sector's middle half▲ 6.4%€177,555within the sector's middle half▲ 11.4%
Debt€94,552▼ 22.2%€95,170▲ 0.7%€63,885▼ 32.9%€68,723▲ 7.6%€69,653▲ 1.4%
Working capital€37,955within the sector's middle half▲ 149%€40,066within the sector's middle half▲ 5.6%€56,928within the sector's middle half▲ 42.1%€60,094within the sector's middle half▲ 5.6%€59,870within the sector's middle half▼ 0.4%
Solvency49.0%within the sector's middle half▲ 15.7pp43.9%within the sector's middle half▼ 5.1pp57.4%within the sector's middle half▲ 13.5pp56.9%within the sector's middle half▼ 0.5pp60.8%within the sector's middle half▲ 3.9pp
Current ratio1.59within the sector's middle half▲ 0.401.62within the sector's middle half▲ 0.032.13within the sector's middle half▲ 0.511.94within the sector's middle half▼ 0.192.26within the sector's middle half▲ 0.32
Return on assets (ROA)16.3%above the sector's middle half▲ 24.5pp-9.7%below the sector's middle half▼ 26.0pp7.7%within the sector's middle half▲ 17.4pp3.0%within the sector's middle half▼ 4.7pp9.7%within the sector's middle half▲ 6.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 296% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €177,555
Fixed assets
€70,277 ▲ 97.3%
Current assets
€107,277 ▼ 13.4%
Equity and liabilities €177,555
Equity
€107,902 ▲ 18.9%
Debt
€69,653 ▲ 1.4%
Debt's share of the balance-sheet total falls from 43.1% to 39.2%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€36,437▲
2023 · €29,099
Cash flow
€31,174▲
2023 · €28,137
Quick ratio
2.19▲
2023 · 1.89
Debt to equity
0.65▼
2023 · 0.76
ROE
15.9%▲
2023 · 5.2%
Interest coverage
23.57▼
2023 · 30.13
Debt ≤ 1 year
€47,407▼
2023 · €63,724
Debt > 1 year
€22,245▲
2023 · €5,000
Income taxes
€3,752
Staff costs
€5,903▲
2023 · €3,649
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €425,583 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €389,745 | - | - |
| Remuneration, social security and pensions62 | - | €2,607 | €2,607 | €3,649 | €5,903 | ▲ 61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,139 | €20,019 | €22,461 | €23,433 | €13,989 | ▼ 40.3% |
| Other operating charges640/8 | - | €3,752 | €4,316 | €4,602 | €3,990 | ▼ 13.3% |
| Non-recurring operating charges66A | - | - | - | €171 | €126 | ▼ 26.3% |
| Gross operating margin9900 | €62,220 | €11,745 | €42,104 | €37,522 | €46,456 | ▲ 23.8% |
| Operating profit (loss)9901 | €33,077 | -€14,634 | €12,720 | €5,666 | €22,448 | ▲ 296% |
| Financial income75/76B | - | €2 | €0 | €4 | €35 | ▲ 847% |
| Recurring financial income75 | €9 | €2 | €0 | €4 | €35 | ▲ 847% |
| Financial charges65/66B | - | €1,814 | €1,206 | €966 | €1,546 | ▲ 60.0% |
| Recurring financial charges65 | €2,689 | €1,814 | €1,206 | €966 | €1,546 | ▲ 60.0% |
| Profit (loss) for the period before taxes9903 | €30,397 | -€16,446 | €11,514 | €4,704 | €20,938 | ▲ 345% |
| Income taxes67/77 | €208 | - | - | - | €3,752 | - |
| Profit (loss) for the period9904 | €30,189 | -€16,446 | €11,514 | €4,704 | €17,185 | ▲ 265% |
| Profit (loss) for the period to be appropriated9905 | €30,189 | -€16,446 | €11,514 | €4,704 | €17,185 | ▲ 265% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €185,496 | €169,669 | €149,898 | €159,440 | €177,555 | ▲ 11.4% |
| Fixed assets21/28 | €83,293 | €65,182 | €42,721 | €35,623 | €70,277 | ▲ 97.3% |
| Tangible fixed assets22/27 | €83,293 | €65,182 | €42,721 | €35,623 | €70,277 | ▲ 97.3% |
| Plant, machinery and equipment23 | - | €24,148 | €18,722 | €27,600 | €21,363 | ▼ 22.6% |
| Furniture and vehicles24 | - | €26,252 | €13,308 | €1,037 | €45,506 | ▲ 4,287% |
| Other tangible fixed assets26 | - | €14,782 | €10,691 | €6,985 | €3,408 | ▼ 51.2% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €102,203 | €104,487 | €107,177 | €123,817 | €107,277 | ▼ 13.4% |
| Stocks and contracts in progress3 | €2,869 | €2,807 | €3,534 | €3,450 | €3,625 | ▲ 5.1% |
| Stocks30/36 | - | €2,807 | €3,534 | €3,450 | €3,625 | ▲ 5.1% |
| Amounts receivable within one year40/41 | €77,624 | €96,489 | €100,848 | €104,626 | €83,089 | ▼ 20.6% |
| Trade receivables40 | - | €96,236 | €100,518 | €97,565 | €78,962 | ▼ 19.1% |
| Other amounts receivable41 | - | €253 | €330 | €7,062 | €4,128 | ▼ 41.5% |
| Cash at bank and in hand54/58 | €17,027 | €0 | €0 | €11,108 | €14,938 | ▲ 34.5% |
| Deferred charges and accrued income490/1 | - | €5,190 | €2,796 | €4,633 | €5,625 | ▲ 21.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €185,496 | €169,669 | €149,898 | €159,440 | €177,555 | ▲ 11.4% |
| Equity10/15 | €90,944 | €74,498 | €86,013 | €90,717 | €107,902 | ▲ 18.9% |
| Contributions10/11 | - | €14,200 | €14,200 | €50,000 | €50,000 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | - | - | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Profit (loss) carried forward14 | €74,884 | €58,438 | €69,953 | €40,717 | €57,902 | ▲ 42.2% |
| Amounts payable17/49 | €94,552 | €95,170 | €63,885 | €68,723 | €69,653 | ▲ 1.4% |
| Amounts payable after more than one year17 | €30,304 | €30,750 | €13,636 | €5,000 | €22,245 | ▲ 345% |
| Financial debts170/4 | - | €16,762 | €4,104 | - | - | - |
| Trade debts175 | - | €13,987 | €9,532 | €5,000 | €388 | ▼ 92.2% |
| Advances received on contracts in progress176 | - | - | - | - | €21,857 | - |
| Amounts payable within one year42/48 | €64,248 | €64,421 | €50,249 | €63,724 | €47,407 | ▼ 25.6% |
| Current portion of amounts payable after more than one year42 | - | €17,920 | €17,114 | €8,636 | €11,963 | ▲ 38.5% |
| Financial debts43 | - | €7,627 | €6,349 | - | - | - |
| Credit institutions430/8 | - | €7,627 | €6,349 | - | - | - |
| Trade debts44 | €22,554 | €15,585 | €113 | €31,969 | €13,941 | ▼ 56.4% |
| Suppliers440/4 | - | €15,585 | €113 | €31,969 | €13,941 | ▼ 56.4% |
| Taxes, remuneration and social security45 | - | €1,186 | €2,123 | €2,300 | €8,824 | ▲ 284% |
| Taxes450/3 | - | €1,186 | €2,123 | - | €4,824 | - |
| Remuneration and social security454/9 | - | - | - | €2,300 | €4,000 | ▲ 73.9% |
| Other amounts payable47/48 | - | €22,103 | €24,551 | €20,818 | €12,680 | ▼ 39.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,189 | -€16,446 | €11,514 | €4,704 | €17,185 | ▲ 265% |
| + Depreciation and write-downs630 | €23,139 | €20,019 | €22,461 | €23,433 | €13,989 | ▼ 40.3% |
| Operating cash flow (approximation) | €53,328 | €3,574 | €33,975 | €28,137 | €31,174 | ▲ 10.8% |
| Investment in fixed assets (approximation) | - | -€1,908 | €0 | -€16,335 | -€48,643 | ▼ 198% |
| Change in cash | - | -€17,027 | €0 | €11,107 | €3,830 | ▼ 65.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
G.M.A. TECHNICS
BE 0825.331.626
Boussu · Eq €107,968
FONS VAN BAELEN
BE 0878.167.031
Geel · Eq €107,815
DLS services
BE 0687.848.774
Tessenderlo-Ham · Eq €107,781
ELECTRO - RIXENSART
BE 0420.167.772
Rixensart · Eq €107,764
SABOND
BE 0809.690.870
Tessenderlo-Ham · Eq €107,759
Of 22,818 companies in this sector we hold annual accounts for 10,343. 8,783 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
14 eventsLatest 30-09-2025
History
Acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Equity above €100,000Eq €107,902 ▲18.9%
3 profitable years in a row build equity to €107,902.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €11,514
Net result €11,514 after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Weakest financial yearnet -€16,446
Net result drops to -€16,446, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €30,189
Net result €30,189 after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 29-06-2011Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded29-06-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0837383380
Registered
05-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2011
Ground area
567 m²
Building footprint
122 m²
Volume, LiDAR
495 m³
Parcel 52352B0259/00K000, Wallonia · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CKELEC
since 2011unit no. 2.200.332.459
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52352B0259/00K000 | Wallonia | 567 m² | 1 · 122 m² | 4.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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