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FABELEC

Active Private limited companyfounded 2021active for 5 yearsRijselsteenweg 124, 7700 MouscronKBO/BCE: BE 0765.805.793

Lifetime

5 annual accounts with figures on one time axis
peak €59,264 (2024)
€49,524▼ 16.4%
peak €36,492 (2024)
€27,604▼ 24.4%
peak €43,761 (2023)
€12,457▼ 38.5%
€102,859▼ 17.1%
Board1 name since 2021
1 director
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Gross margin from €59,264 to €49,524Dividend €35,400Equity from €20,253 to €12,457Debts from €124,099 to €102,859

Key points

from the 2025 annual accounts

Equity

€12,457 ▼ 38.5%
20,2532024+27,604Profit-35,400Dividend12,4572025

FABELEC paid out €35,400 in dividends. That is 128% of the 2025 profit.

Turnover

≈ €220,000 estimated

The micro format states no turnover.

Debts

€102,859 89% of the balance sheet
Financial debts 36%Suppliers 2%Taxes and wages 22%Other 41%

Of this, €66,045 falls due within a year.

Filings

5 annual accounts 2 late
AprilJune31 JulyOctober20222024

The 2022 accounts came latest: 53 days after the end of the period.

Position in the sector

10.8%

Lower solvency than 85% of companies in specialised construction. Sector median 46.8% · 37,211 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,715 companies had the same profile as FABELEC has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,715 companies, not a prediction for FABELEC. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 31-03-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0765805793
Incorporation Founding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 31-03-2021 · Gazette deed
First establishment Rijselsteenweg 124, Mouscron
All 10 events

Comparable companies

same main activity, similar in size and age
Company
FABELEC Mouscron €115,316 €49,524 10.8% -
VK ELECTRICS Brakel €117,260 €52,347 28.6% -
Van Houwenis Lommel €107,418 €51,777 84.8% -
EMD Elektriciteit Bruges €119,453 €52,787 45.5% -
JDELEC BELGIUM Londerzeel €124,009 €45,784 84.9% -
ENVO Waremme €108,941 €56,449 19.5% -
ISRO Lokeren €122,262 €46,988 67.7% -

These companies have the same main activity as FABELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €107,000 and €124,000, founded between 2020 and 2021.

Official details

Source: KBO
Status
Active since 29-03-2021Normal situation
Activity
General electrical installation workNACE 43211
Establishment unit
2.315.462.4527700 Mouscron, since 29-03-2021
Financial year end
31 December
Peppol
Reachable since 07-11-2025
Company details

Annual accounts 2025

€115,316▼ 20.1%
Filing
Filed on 04-06-2026, 57 days before the end of the filing period
Financials

Insights on FABELEC

FABELEC files the micro format. That format states no turnover. The gross margin rose from €23,797 in 2021 to €49,524 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 FABELEC

What is the company number of FABELEC?
The company number of FABELEC is 0765.805.793. The VAT number is the same number with BE in front: BE 0765.805.793.
Where is FABELEC based?
The registered office is at Rijselsteenweg 124, 7700 Mouscron.Company details
What does FABELEC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of FABELEC?
FABELEC is a private limited company (BV).
When was FABELEC founded?
FABELEC was founded on 29-03-2021.
Is FABELEC still active?
Yes, FABELEC is an active enterprise in the KBO register.
What is the turnover of FABELEC?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €49,524 and 51 comparable companies (NACE 43211). It probably lies between €150,000 and €350,000.Financials
Is FABELEC profitable?
In financial year 2025, FABELEC made a profit of €27,604.
Where can I find the annual accounts of FABELEC?
FABELEC filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FABELEC due?
FABELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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