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FOELEC

Active
Private limited companyfounded 2010active for 16 yearsKruisstraat 6B, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 0829.008.718
Summary

FOELEC has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €222,850. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 84% of 9,865 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
FOELECActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
3rd largest company by equity in Oostrozebeke, Construction sector1 site
Size
≈ €1.1mturnover 2025, estimated
Staff
1.3 FTE
Equity
€1.2m
Profit
€222,850
Turnover estimated from the gross margin
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 38 days early1 of 4 deeds summarised
Why 98raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 6.81, cash €676,832Equity €1.2m (76.1% of total assets)Figures for financial year 2025 (filed 24-12-2025)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 82% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+2
equity 76.1% of total assets
Liquidity 100+4
short-term debt 8.4% · cash 41.3%
Profitability 86=
return on assets 13.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 11-2024: < 0.1% 12-2024: 0.1%▲ +0.1 percentage points vs 11-2024highest value 01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: 0.1%▲ +0.1 percentage points vs 11-2025 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity ample (current ratio 6.81, compared with 3.79 in 2024, above the usual 1.5; short-term debt: 8.4% and cash: 41.3% of total assets), and 23.9% 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, micro): better than 90% on solvency, 98% on liquidity, 70% on profitability and 69% on growth.

The bankruptcy probability was computed on 30-10-2026 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
lowers risk · Liquidity: current ratio 6.81, cash €676,832
NBB · annual accounts
lowers risk · Equity €1.2m (76.1% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed 24-12-2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
49 days early
2023
63 days early
2022
62 days early
2021
61 days early
2020
45 days early
2019
45 days early
← 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 52 days 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 1 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end31-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2019 to 2025net €222,850 ▲15.4%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: 3rd largest company by equity in Oostrozebeke, Construction sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €222,850 7 years View

By topic

Financials

Financial year
2025
Total assets
€1.6m
Profit
€222,850
Solvency
76.1%
Total assets▲ 16.6%
Net result
20192025
Go to Financials

Timeline

Events
18
Since
2013
Next accounts
by 31-01-2027
  1. 30-06-2024Equity above €1m
  2. 29-11-2023Annual accounts filed
  3. 19-10-2023Resignation: DE FOER Koen (statutory manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
06-09-2010
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Who signs
Each director alone
Annual meeting
Last Saturday of November at 10:00
Purpose
“Onderneming voor het leggen van kabels en diverse leidingen;onderneming voor het plaatsen…” (deed in Dutch)
Go to Articles of association

Key facts about FOELEC

What is the company number of FOELEC?
0829.008.718. In Belgium the VAT number is the company number with BE in front: BE 0829.008.718.
Where is FOELEC based?
The registered office is at Kruisstraat 6B, 8780 Oostrozebeke.Company details
What does FOELEC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of FOELEC?
Private limited company (BV).
When was FOELEC founded?
On 06-09-2010.
Is FOELEC still active?
Yes, FOELEC is an active enterprise in the KBO register.
How many employees does FOELEC have?
On average 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FOELEC?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is FOELEC profitable?
In financial year 2025, FOELEC made a profit of €222,850.
Where can I find the annual accounts of FOELEC?
FOELEC filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FOELEC due?
By 31-01-2027, for financial year 2026.Timeline

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