Skip to content

ENTELEC

Active
Public limited companyfounded 199234 yrs activeWetenschapspark 25, 3590 Diepenbeek, BelgiumKBO/BCE: BE 0448.169.791
Summary

The computed 12-month bankruptcy probability of ENTELEC is 2.5% (moderate). The 2024 annual accounts show equity of €880,153 and a net result of -€138,140. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 30% of 2847 sector peers (fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Computer programming
NACE 62100NACE 62010Engineering and related technical consultancy, excluding land surveyors NACE 71121
#3 company by total assets in Diepenbeek, Telecoms and IT sector1 site
Size
€4.3mtotal assets 2024
Staff
7.7 FTE
Equity
€880,153
Loss
-€138,140
Turnover not published (abridged schema)
Financial health
50 Fair Checked score 2024
Bankruptcy chance 12 m
2.5%
Structure
Accounts 67 d overdue0 of 13 deeds read
Why 50- Liquidity: current ratio 1.42, cash €114,233- Figures for FY 2024 (filed 02-12-2025)+ Sector Computer programming, consultancy and related activities (NACE 62)+ Founded in 1992Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 19% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 46-5
equity 20.6% of total assets
Liquidity 24-19
short-term debt 56.9% · cash 2.7%
Profitability 29-6
return on assets -3.2%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,833 companies)
Last 24 months 11-2024: 1.9% 12-2024: 2.3%▲ +19.2% vs 11-2024 01-2025: 3.6%▲ +57.4% vs 12-2024 02-2025: 3.5%▼ -3.4% vs 01-2025 03-2025: 3.5%▲ +0.2% vs 02-2025 04-2025: 2.1%▼ -39.1% vs 03-2025 05-2025: 2.0%▼ -4.9% vs 04-2025 06-2025: 2.1%▲ +3.4% vs 05-2025 07-2025: 2.3%▲ +9.2% vs 06-2025 08-2025: 3.1%▲ +34.2% vs 07-2025 09-2025: 3.5%▲ +14.7% vs 08-2025 10-2025: 4.5%▲ +28.2% vs 09-2025 11-2025: 4.3%▼ -4.7% vs 10-2025 12-2025: 4.7%▲ +7.7% vs 11-2025highest value 01-2026: 1.3%▼ -72.9% vs 12-2025 02-2026: 1.3%● 0.0% vs 01-2026 03-2026: 1.2%▼ -2.1% vs 02-2026lowest value 04-2026: 1.2%▲ +0.7% vs 03-2026 05-2026: 1.2%● 0.0% vs 04-2026 06-2026: 1.3%▲ +3.2% vs 05-2026 07-2026: 1.3%▲ +1.0% vs 06-2026 08-2026: 1.7%▲ +33.7% vs 07-2026 09-2026: 2.0%▲ +16.4% vs 08-2026 10-2026: 2.5%▲ +24.3% vs 09-2026
  • Liquidity: current ratio 1.42, cash €114,233 raises the probability
  • Figures for FY 2024 (filed 02-12-2025) raises the probability
  • Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
  • Founded in 1992 lowers the probability for this profile
Credit up to €40,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.42 against 1.38 in 2023; short-term debt: 56.9% and cash: 2.7% of total assets), and 79.4% 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 62, micro). Better than this share of them on solvency 22%, liquidity 9%, profitability 16%, growth against the median 28%. 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

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Liquidity: current ratio 1.42, cash €114,233
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 02-12-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Founded in 1992
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€138,140
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
122 d late
2023
225 d late
2022
127 d late
2021
130 d late
2020
108 d late
2019
91 d late
← 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 134 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
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 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Weakest financial yearnet -€138,140

Key points

  • Caution: Result fell in 2024from -€40,733 to -€138,140 ▼ 239% View
  • Caution: Among the weakest 12% on net resultsector median €26,343 · 2,848 companies -€138,140 View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€138,140 View

By topic

Financials

Fiscal year
2024
Total assets
€4.3m
Loss
-€138,140
Solvency
20.6%
Total assets▲ 7.6%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 30-11-2025Annual accounts filed
  2. 13-03-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Computer programmingNACE 62100
Founded
03-09-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

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.