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FABELEC

Active Private limited company (pre-2019)founded 2008active for 18 yearsChemin Vert 24, 7090 Braine-le-ComteKBO/BCE: BE 0898.166.748

Lifetime

15 annual accounts with figures on one time axis
peak €86,177 (2012)
€14,876▼ 12.3%
lowest -€17,963 (2019)
€4,791▲ 128%
peak €39,894 (2018)
€37,517▲ 14.6%
€126,616▲ 31.2%
peak 2.3 FTE (2012)
-not published
Board1 name since 2008
1 director
Documentsfilings and deeds
29-11-2025121 days late
2024micro format
Gross margin from €16,953 to €14,876Result from €2,104 to €4,791Equity from €32,726 to €37,517Debts from €96,506 to €126,616Investments €8,993

Key points

from the 2024 annual accounts

Debts

€126,616 77% of the balance sheet
Financial debts 6%Suppliers 33%Taxes and wages 3%Other 57%

Of this, €85,243 falls due within a year.

Investments

€7,193 2.1 × depreciation
2021202220232024

Green is investment, beige is depreciation.

Filings

15 annual accounts 106 days past the deadline
AprilJune31 JulyOctober201020152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,514 companies had the same profile as FABELEC has now. Each dot stands for 12 companies, two years later.

96.8%
were still trading
1.8%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

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 4,514 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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Signals

Board and ownership

Director, since 27-05-2008
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0898166748
First establishment Chemin Vert 24, Braine-le-Comte
Incorporation published on 05-06-2008 · Gazette deed
All 22 events

Comparable companies

same main activity, similar in size and age
Company
FABELEC Braine-le-Comte €164,133 €14,876 22.9% -
N.A.S. CONSTRUCTION Mechelen €161,026 €18,887 62.0% -
MERAL Hasselt €179,801 €12,520 91.8% -
PRO SATELLITE La Louvière €175,616 €11,374 70.0% -
TRIBERO SERVICES Aalter €125,505 €12,792 98.4% -
M.E.N. TRAVAUX Evere €124,815 €15,290 74.7% -
POOL PROJECTS BUILDERS Hasselt €115,881 €17,861 38.5% -

These companies have the same main activity as FABELEC: other construction installation (NACE 43240). They are comparable in size and age: total assets between €116,000 and €180,000, founded between 2006 and 2011.

Official details

Source: KBO
Status
Active since 22-05-2008Normal situation
Activity
Other construction installationNACE 43240and 2 others
Establishment unit
2.170.838.6207090 Braine-le-Comte, since 28-05-2008
Financial year end
31 December
Peppol
Reachable since 18-12-2025
Company details

Annual accounts 2024

≈ €190,000estimated
€164,133▲ 27.0%
Filing
Filed on 29-11-2025
Financials

Insights on FABELEC

FABELEC files the micro format. That format states no turnover. The gross margin rose from €13,466 in 2010 to €14,876 in 2024.

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 0898.166.748. The VAT number is the same number with BE in front: BE 0898.166.748.
Where is FABELEC based?
The registered office is at Chemin Vert 24, 7090 Braine-le-Comte.Company details
What does FABELEC do?
According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of FABELEC?
FABELEC is a private limited company (pre-2019) (BVBA).
When was FABELEC founded?
FABELEC was founded on 22-05-2008.
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 2024 is ≈ €190,000. This figure is estimated from the gross margin of €14,876 and 34 comparable companies (NACE 43240). It probably lies between €85,000 and €360,000. It is a rough estimate.Financials
Is FABELEC profitable?
In financial year 2024, FABELEC made a profit of €4,791.
Where can I find the annual accounts of FABELEC?
FABELEC filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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