Financials
- Fiscal year
- 2025
- Turnover
- €35.4m
- Loss
- -€617,324
- Solvency
- 20.5%
Turnover▲ 5.6%
Net result
20182025
CONSTRUCTIONS ELECTRONIQUES + TELECOMMUNICATIONS
ActiveSummary
CONSTRUCTIONS ELECTRONIQUES + TELECOMMUNICATIONS has been active since 1956 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.1m and a net result of -€617,324. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 20% of 122 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Manufacture of electrical equipment
NACE 27110Manufacture of electrical equipment NACE 27900NACE 31100
#2 oldest company in the province of Liège, Electrical equipment sector1 site
Size
€35.4mturnover 2025
- Staff
- 64.6 FTE
- Equity
- €6.1m
- Loss
- -€617,324
Structure
- Parent
- CE+T GROUP · 100%
- Board
- 5 members
- Holdings
- 6
Auditor: BDO Réviseurs d'EntreprisesAccounts 52 d early
Why 79- Equity €6.1m (20.5% of total assets)- Liquidity: current ratio 1.89, cash €370,205, halved- Sector Manufacture of electrical equipment (NACE 27)+ Size: turnover €35.4m, 64.6 FTE, total assets €29.9mShow the evidence
Checked score
Score 2025
79
/ 100
Excellent
Probability in this band: under 0.55%
Better than 26% of its sector peers (NACE 27)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
45-1
equity 20.5% of total assets
Liquidity
34+4
short-term debt 37.8% · cash 1.2%
Profitability
26+4
return on assets -2.1%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● 0.0% vs 11-2024
01-2025: 0.2%● 0.0% vs 12-2024
02-2025: 0.2%▼ -3.8% vs 01-2025lowest value
03-2025: 0.2%● 0.0% vs 02-2025lowest value
04-2025: 0.2%▲ +2.0% vs 03-2025
05-2025: 0.2%▲ +5.2% vs 04-2025
06-2025: 0.2%▲ +0.6% vs 05-2025
07-2025: 0.6%▲ +275% vs 06-2025
08-2025: 0.6%● 0.0% vs 07-2025
09-2025: 0.6%● 0.0% vs 08-2025
10-2025: 0.6%● 0.0% vs 09-2025
11-2025: 0.6%● 0.0% vs 10-2025
12-2025: 0.6%● 0.0% vs 11-2025
01-2026: 0.6%● 0.0% vs 12-2025
02-2026: 0.6%▼ -3.5% vs 01-2026
03-2026: 0.6%▲ +1.4% vs 02-2026
04-2026: 0.6%▲ +1.9% vs 03-2026
05-2026: 0.6%▲ +1.7% vs 04-2026
06-2026: 0.6%▲ +2.3% vs 05-2026highest value
07-2026: 0.5%▼ -23.1% vs 06-2026
08-2026: 0.5%● 0.0% vs 07-2026
09-2026: 0.5%● 0.0% vs 08-2026
10-2026: 0.5%● 0.0% vs 09-2026
- Equity €6.1m (20.5% of total assets) raises the probability
- Liquidity: current ratio 1.89, cash €370,205, halved raises the probability
- Sector Manufacture of electrical equipment (NACE 27) raises the probability
- Size: turnover €35.4m, 64.6 FTE, total assets €29.9m lowers the probability for this profile
Credit up to €480,000 at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.49 in 2024; short-term debt: 37.8% and cash: 1.2% of total assets), but 79.5% of the assets are financed with debt.
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 27). Better than this share of them on solvency 24%, liquidity 24%, profitability 19%, growth against the median 37%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. 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.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€617,324
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 122 sector peers (2025).
NBB · sector comparisonPosition among 122 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
42 d early
2023
51 d early
2022
53 d early
2021
6 d early
2020
37 d early
2019
36 d early
← 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 40 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% 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 11 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Resignation: Volentes SRL (director)Appointment: Sébastien Michel (director)
- Capital & shares · Statutes amendmentAuditor report · Capital ·…
Key points
- Risk: 3 loss-making years in a rowloss fiscal year 2025 -€617,324 View
- Caution: Among the weakest 10% on net resultsector median €62,820 · 124 companies -€617,324 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Controlled by CE+T GROUPultimately: C.P.D.H. 100% View
- Positive: Result rose in 2025from -€1.1m to -€617,324 ▲ 44.9% View
- Board changedlatest change 09-02-2026 · 5 in office 1 joined · 1 left View
- Active since 1956founded 12-04-1956 70 years View
- EU research moneyEU contribution €1.6m View
By topic
Board & ownership
- Board
- 5 members
- Parent
- CE+T GROUP · 100%
- Auditor
- BDO Réviseurs d'Entreprises
Go to Board & ownership
Network & group
- Group
- C.P.D.H.
- Subsidiaries
- 6
- Connected companies
- 37
- Mergers and contributions
- 1
6 subsidiaries
Timeline
- Events
- 28
- Since
- 2006
- Next accounts
- by 31-07-2027
- 09-06-2026Annual accounts filed
- 11-03-2026Resignation: Volentes SRL (director)
- 11-02-2026Capital & shares · Statutes amendment
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Manufacture of electrical equipmentNACE 27110
- Founded
- 12-04-1956
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- Toutes les opérations se rattachant directement ou indirectement à la fabrication…
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 Is the workforce growing, and do people stay?Employer check 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
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.