Financials
- Financial year
- 2025
- Total assets
- €901,825
- Profit
- €20,756
- Solvency
- 36.6%
Total assets▼ 1.9%
Net result
20182025
FLABELEC
ActiveThe file of FLABELEC contains 6 judicial reorganisation notices, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 2.0% (moderate). The 2025 annual accounts show equity of €330,003 and a net result of €20,756. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 2,434 sector peers (NACE 43, financial year 2025).
Overview
Activity
General electrical installation work
NACE 43211
8th largest employer in La Louvière, Construction sector1 site
Size
€901,825total assets 2025
- Staff
- 16.9 FTE
- Equity
- €330,003
- Profit
- €20,756
Structure
- Parent
- M.E.B.F. INVEST · 90%
- FLAVIANO MarikaDirector
2025 accounts 15 days early2 of 8 deeds summarised
Why 53raises riskJudicial reorganisation on record (6 publications, latest 17-11-2022)Size: 16.9 FTE, total assets €901,825Sector: Specialised construction activities (NACE 43)lowers riskFounded in 1991Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Weak
Solvency
62+3
equity 36.6% of total assets
Liquidity
25-1
short-term debt 60.8% · cash 5.0%
Profitability
27-8
return on assets 2.3%
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 10.0%highest value
12-2024: 10.0%● unchanged vs 11-2024highest value
01-2025: 10.0%● unchanged vs 12-2024highest value
02-2025: 10.0%● unchanged vs 01-2025highest value
03-2025: 10.0%● unchanged vs 02-2025highest value
04-2025: 10.0%● unchanged vs 03-2025highest value
05-2025: 10.0%● unchanged vs 04-2025highest value
06-2025: 10.0%● unchanged vs 05-2025highest value
07-2025: 10.0%● unchanged vs 06-2025highest value
08-2025: 10.0%● unchanged vs 07-2025highest value
09-2025: 10.0%● unchanged vs 08-2025highest value
10-2025: 10.0%● unchanged vs 09-2025highest value
11-2025: 10.0%● unchanged vs 10-2025highest value
12-2025: 0.6%▼ -9.4 percentage points vs 11-2025lowest value
01-2026: 0.6%● unchanged vs 12-2025lowest value
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 2.0%▲ +1.2 percentage points vs 07-2026
09-2026: 2.0%● unchanged vs 08-2026
10-2026: 2.0%● unchanged vs 09-2026
Credit of up to €17,000 on 30-day terms, only on tighter conditions: judicial reorganisation (WER Book XX) on file
Liquidity tight (current ratio 1.5, compared with 1.42 in 2024, below the usual 1.5; short-term debt: 60.8% and cash: 5% of total assets), and 63.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 48% on solvency, 16% on liquidity, 11% on profitability and 53% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 days early
2024
31 days early
2023
30 days early
2022
18 days early
2021
16 days early
2020
10 days late
2019
91 days late
← 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 1 day before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Capital & shares · RestructuringMerger · Shareholding
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
Key points
- Positive: 8th largest employer in La Louvière, Construction sectorin the Checked rankings No. 8 View
- Controlled by M.E.B.F. INVESTultimately: DALS 90% View
- Positive: 6 profitable years in a rowprofit 2025: €20,756 6 years View
- Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
By topic
Board & ownership
- Board
- 1 member
- Parent
- M.E.B.F. INVEST · 90%
- FLAVIANO MarikaDirector
Network & group
- Group
- DALS
- Mergers and asset contributions
- 1
Timeline
- Events
- 47
- Since
- 1992
- Next accounts
- by 31-07-2027
- 15-07-2024Reappointments: FLAVIANO Ernesto (managing director) and FLAVIANO…
- 01-07-2024Annual accounts filed
- 13-07-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 18-02-1991
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- “Toutes les opérations ayant trait aux installations électro-technique, aux installations…” (deed in French)
Key facts about FLABELEC
- What is the company number of FLABELEC?
- 0443.501.618. In Belgium the VAT number is the company number with BE in front: BE 0443.501.618.
- Where is FLABELEC based?
- The registered office is at Rue Reine Astrid(M) 228, 7110 La Louvière.Company details
- What does FLABELEC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of FLABELEC?
- Public limited company (NV).
- When was FLABELEC founded?
- On 18-02-1991.
- Is FLABELEC still active?
- Yes, FLABELEC is an active enterprise in the KBO register.
- How many employees does FLABELEC have?
- On average 16.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FLABELEC?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is FLABELEC profitable?
- In financial year 2025, FLABELEC made a profit of €20,756.
- Where can I find the annual accounts of FLABELEC?
- FLABELEC filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FLABELEC due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to FLABELEC
Parent and group
- M.E.B.F. INVEST90%
- DALS100%
Comparable companies
- ELECTRO CRAEGHS JANSSENBree
- VIEW AND INTEGRATEMol
- DOMO CONCEPTVerviers
- HANtechZutendaal
- MCA TECHNOLOGYCharleroi
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