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ENELEC GROUP

Active
Private limited company·Algemene elektrotechnische installatiewerken· 4 yrs active
Chaussée de Recogne,NEU 18 ·6840 Neufchâteau, Belgium
KBO/BCE: BE 0775.717.413
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Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ENELEC GROUP is 3.0% (moderate). The 2024 annual accounts show equity of €15k and a net result of €7k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 30% of 11081 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Trust signals

3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€7k
Working capital€-3k+71.3%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 13-08-2025 with the NBB · fiscal year 2024 · micro
€-10k€0€10kOperating result 2022: €15k€15kNet result 2022: €8k€8kOperating result 2023: €-30€-30Net result 2023: €-7k€-7kOperating result 2024: €13k€13kNet result 2024: €7k€7k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 3 fiscal years (±0.6%/year).
€8k€10k€13k€15k€18k2025: €15k (€14k - €17k)2026: €15k (€14k - €17k)2027: €15k (€14k - €16k)2022: €16k2023: €8k2024: €15k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 24.0% 40.9%
better than 30% of 11081 sector peers
Net result €7k €11k
better than 42% of 11063 sector peers
Equity €15k €34k
better than 29% of 11084 sector peers
Gross operating margin €34k €35k
better than 49% of 11054 sector peers
Staff costs €1k €25k
higher than 22% of 4035 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P30
2022: P15 · n=65192023: P16 · n=90902024: P30 · n=110812022 2024
Improving position over 2022-2024 · n=6519-11081
Net result P42
2022: P39 · n=65042023: P10 · n=90752024: P42 · n=110632022 2024
Stable position over 2022-2024 · n=6504-11063
Equity P29
2022: P34 · n=65252023: P20 · n=90962024: P29 · n=110842022 2024
Stable position over 2022-2024 · n=6525-11084
Gross operating margin P49
2022: P95 · n=64982023: P79 · n=90652024: P49 · n=110542022 2024
Weakening position over 2022-2024 · n=6498-11054
Describes the position versus peers, not a forecast.
EBITDA
€21k
+173.1% far above sector median
Net profit
€7k
- far above sector median
Cash flow
€15k
+4773.4% far above sector median
Total assets
€64k
-21.2% -71% vs sector
Equity
€15k
+87.0% -90% vs sector
Working capital
€-3k
+71.3% far below sector median
Staff costs
€1k
-98.1% -99% vs sector
Income taxes
€4k
+25.9% +234% vs sector
Debt
€49k
-33.4% -43% vs sector
Debt ≤ 1y
€49k
-26.3% -18% vs sector
Debt > 1y
€0
-100.0% -100% vs sector
Current ratio
0.94
+11.9% -38% vs sector
Quick ratio
0.94
+11.9% -27% vs sector
Solvency
24.0%
+137.4% -61% vs sector
Debt / equity
3.17
-64.4% far above sector median
ROE
46.5%
- far above sector median
ROA
11.2%
- far above sector median
Interest coverage
8.40
+392.7% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€21k
Net profit€7k
Cash flow€15k
Staff costs€1k
Income taxes€4k
Dividends-
Total assets€64k
Equity€15k
Debt€49k
of which ≤ 1y€49k
of which > 1y€0
Working capital€-3k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.94
Quick ratio0.94
Working capital ratio-4.8%
Solvency24.0%
Debt / equity3.17
Long-term debt ratio0.00
Interest coverage8.40
Gross margin-
Net margin-
ROA11.2%
ROE46.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€64k
Fixed assets 21/28€18k
Formation expenses 20€487
Tangible fixed assets 22/27€8k
Financial fixed assets 28€10k
Current assets 29/58€46k
Amounts receivable within one year 40/41€44k
Cash & bank 54/58€25
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€64k
Equity 10/15€15k
Contributions / capital 10/11€8k
Accumulated profits (losses) 14€7k
Amounts payable 17/49€49k
Amounts payable after one year 17€0
Amounts payable within one year 42/48€49k
Trade debts payable within one year 44€30k
Income statement
Gross operating margin 9900€34k
Operating result 9901€13k
Financial charges 65€2k
Result before taxes 9903€11k
Income taxes 67/77€4k
Net result for the period 9904€7k
Result to be appropriated 9905€7k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
56 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
ENELEC GROUP
Rue des Ardennes,Buvange 88, 6780 MessancyVervaardiging van elektromotoren en van elektrische generatoren en transformatoren
since 20212.323.269.665
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2,466 m²
Buildings2
Building footprint1,557 m²
Volume (LiDAR)7,728 m³
Tallest building9.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
84043A0083/00H002 Wallonia 1,965 m² 1 · 490 m² 9.2 m · 1 fl.
81023B0695/00H000 Wallonia 501 m² 1 · 1,068 m² 6.4 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health56Profitability100Solvency34Growth32Stability94
63 / 100

Strong profile, led by profitability.

Health 56
Profitability 100
Solvency 34
Growth 32
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211
Primary activity highlighted.
Names & trade names
Legal nameFR ENELEC GROUP
Registered office
Chaussée de Recogne,NEU 18
6840 Neufchâteau, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.