Turnover
≈ €640,000 estimated
The micro format states no turnover.
INCAELEC
Lifetime
19 annual accounts with figures on one time axispeak of €224,222 in 2025
€224,222▲ 26.7%
lowest -€34,509 in 2010
€31,255▲ 68×
peak of €101,314 in 2025
€101,314▲ 40.9%
€413,017▼ 0.1%
peak of 2 FTE in 2009
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
19-08-202619 days late
2025micro format
Gross margin from €177,001 to €224,222Result from €459 to €31,255Change of role: , from manager to director 13-10Equity from €71,922 to €101,314Cash from €15,048 to €26,450
Key points
from the 2025 annual accountsDebts
€413,017 79% of the balance sheet
Financial debts 74%Suppliers 14%Taxes and wages 9%Other 3%
Of this, €107,721 falls due within a year.
Investments
€34,717 1.6 times depreciation
Green is investment, beige is depreciation. Machinery stands 189.4% higher than in 2024.
Staff
3 employees on 31-12-2025
In 2025, 1 person joined and 2 left.
Filings
19 annual accounts since 2007
Ten of the last ten came late. The 2017 accounts came in latest, 342 days after the end of the period.
Position in the sector
€224,222
Higher gross margin than 91% of companies in specialised construction. Sector median €39,035 · 37,218 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,052 companies had the same profile as INCAELEC has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
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.
| 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 5,052 companies, not a prediction for INCAELEC. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0886997395
Change of role: , from manager to director
186 shares · Director discharge: · Registered office clause: Rue des Spiroux 5, 7170 MANAGE · General meeting of 03-10-2025 · Gazette deed
Incorporation
published on 13-02-2007 · Gazette deed
First establishment
Rue des Spiroux 5, Manage
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INCAELEC Manage | €522,712 | €224,222 | 19.4% | - |
| TECHNIQUES DE SECURISATION ALARMES ET VIDEOS Mouscron | €472,769 | €209,428 | 33.2% | - |
| VAN NUFFELEN Antwerp | €471,809 | €217,462 | 51.1% | - |
| ELEKTROTECHNIEKEN PAUWELS Leopoldsburg | €517,742 | €231,918 | 44.1% | 2.5 |
| WOONPLUS Nijlen | €546,769 | €209,614 | 80.2% | 0 |
| ELECTRO DELFORCE WILLY Roeselare | €559,830 | €225,771 | 74.9% | 2.8 |
| HÖNDERS SYSTEME Raeren | €586,745 | €241,758 | 45.6% | 4 |
These companies have the same main activity as INCAELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €472,000 and €587,000, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 05-02-2007Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committee
- 149Sectors related to metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.159.746.1747170 Manage, since 05-02-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2025
- €522,712▲ 5.8%
- Employeeson 31-12-2025
- 3▼ 25.0%
- Filing
- Filed on 19-08-2026
Insights on INCAELEC
INCAELEC files the micro format. That format states no turnover. The gross margin rose from €29,060 in 2007 to €224,222 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 INCAELEC
- What is the company number of INCAELEC?
- The company number of INCAELEC is 0886.997.395. The VAT number is the same number with BE in front: BE 0886.997.395.
- Where is INCAELEC based?
- The registered office is at Rue des Spiroux 5, 7170 Manage.Company details
- What does INCAELEC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of INCAELEC?
- INCAELEC is a private limited company (BV).
- When was INCAELEC founded?
- INCAELEC was founded on 05-02-2007.
- Is INCAELEC still active?
- Yes, INCAELEC is an active enterprise in the KBO register.
- How many employees does INCAELEC have?
- INCAELEC had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does INCAELEC fall under?
- In its 2025 annual accounts, INCAELEC states joint committee 149 (Sectors related to metal, mechanical and electrical engineering).
- What is the turnover of INCAELEC?
- The turnover in financial year 2025 is ≈ €640,000. This figure is estimated from the gross margin of €224,222 and 43 comparable companies (NACE 43211). It probably lies between €450,000 and €820,000. In financial year 2021 turnover was €857,901.
- Is INCAELEC profitable?
- In financial year 2025, INCAELEC made a profit of €31,255.
- Where can I find the annual accounts of INCAELEC?
- INCAELEC filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of INCAELEC due?
- INCAELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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