Liquidity
7.21 was 2.39 in 2024
Short-term debts fell from €180,558 to €43,961.
Compelec
Lifetime
20 annual accounts with figures on one time axis, 48 filings since 1977peak €137,542 (2011)
-€35,201▼ €9,581
lowest -€45,941 (2023)
€21,683▲ €36,681
peak €368,659 (2012)
€272,931▲ 8.6%
€43,961▼ 75.7%
Board1 name since 2021
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from -€25,619 to -€35,201Back to profit: €21,683Debts from €180,558 to €43,961Cash from €25,073 to €164,653
Key points
from the 2025 annual accountsFilings
48 annual accounts since 1977
Seven of the last ten came late. The 2018 accounts came latest: 36 days after the end of the period.
Position in the sector
86.1%
Higher solvency than 90% of companies in motor vehicles. Sector median 42.0% · 131 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as Compelec has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,356 companies, not a prediction for Compelec. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0412906729
Change of role: , from manager to director
Registered office clause: Leuvensesteenweg 8A bus 3.1 · General meeting of 29-08-2022 · Gazette deed
First establishment
Leuvensesteenweg 8A, Tervuren
Comparable companies
same main activity, the nearest in size| Company | ||||
|---|---|---|---|---|
| Compelec Tervuren | €316,893 | -€35,201 | 86.1% | - |
| LUMINATE PRODUCTIONS Antwerp | €67,785 | -€71,217 | -721.5% | - |
| Engineering service Etterbeek | €62,533 | -€6,282 | 37.5% | - |
| Bekaert-Muylle Jabbeke | €55,147 | €1,367 | 22.4% | - |
| DHTN Systems Kuurne | €78,504 | €1,766 | 51.1% | - |
| ELECTRO - CARBONE Molenbeek-Saint-Jean | €89,567 | €11,171 | 85.2% | - |
| DYNAMIS Aalst | €77,452 | €13,520 | 93.5% | - |
These companies have the same main activity as Compelec: manufacture of electrical and electronic equipment for motor vehicles (NACE 29310). They are smaller than Compelec: total assets between €55,100 and €89,600, founded between 1963 and 2006.
Official details
Source: KBO- Status
- Active since 13-01-1973Normal situation
- Activity
- Manufacture of electrical and electronic equipment for motor vehiclesNACE 29310
- Establishment unit
- 2.007.931.6723080 Tervuren, since 05-08-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 16-01-2026
Insights on Compelec
Compelec files the micro format. That format states no turnover. The gross margin fell from -€26,296 in 2006 to -€35,201 in 2025.
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 Compelec
- What is the company number of Compelec?
- The company number of Compelec is 0412.906.729. The VAT number is the same number with BE in front: BE 0412.906.729.
- Where is Compelec based?
- The registered office is at Leuvensesteenweg 8A, 3080 Tervuren.Company details
- What does Compelec do?
- According to the KBO register, the main activity is manufacture of electrical and electronic equipment for motor vehicles (NACE 29310).
- What is the legal form of Compelec?
- Compelec is a private limited company (BV).
- When was Compelec founded?
- Compelec was founded on 13-01-1973.
- Is Compelec still active?
- Yes, Compelec is an active enterprise in the KBO register.
- What is the turnover of Compelec?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Compelec profitable?
- In financial year 2025, Compelec made a profit of €21,683.
- Where can I find the annual accounts of Compelec?
- Compelec filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Compelec due?
- Compelec must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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