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INELEC ELECTRO

Active
Private limited companyfounded 1996active for 30 yearsHeurnestraat 49, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0457.698.260
Summary

INELEC ELECTRO has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €92,525 and a net result of €104,669. Equity has been growing by about 3.4% per year since 2019. Its solvency ranks better than 32% of 367 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

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INELEC ELECTROActiveChecked score 90/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 05-04-1996 Normal situation
Activity
General electrical installation work NACE 43211
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 31-03-2026
Establishment unit
2.076.282.921 9700 Oudenaarde, since 24-11-1999
Financial year end
31 March
Peppol
Reachable since 21-10-2026
Company details

Board and ownership

Board
Shareholders
  • GELECOM· score 952025 annual accounts of GELECOM
Board & ownership

Financial position

90 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 31-03-2026
Gross margin
€393,426
▲ 11.3%
Turnover
≈ €880,000
estimated
Profit
€104,669
▼ 12.4%
Equity
€92,525
▲ 3.0%
Total assets
€248,701
▲ 0.1%
Employees on 31-03-2026
4
▲ 33.3%
Financials
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Size: 4.5 FTE, total assets €248,701lowers riskLiquidity: current ratio 1.59, cash €130,731Founded in 1996Show the evidence

Checked score

Score 2026
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of micro companies in specialised construction (NACE 43)
Every signal that counts is listed under Signals.
Financial strength · tick: 2025
Strong
Solvency 62+1
equity 37.2% of total assets
Liquidity 67+17
short-term debt 62.7% · cash 52.6%
Profitability 100=
return on assets 42.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.2%▼ -0.1 percentage points vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026highest value 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.59 (1.57 in 2025), above the usual 1.5. Short-term debt is 62.7% and cash 52.6% of total assets. However, 62.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 39% of them on solvency, 66% on liquidity, 92% on profitability and 43% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.59, cash €130,731
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: 4.5 FTE, total assets €248,701
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-09-2026, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
47 days early
2025
46 days early
2024
45 days early
2023
7 days early
2022
2 days late
2021
108 days early
2020
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 16 September (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8 profitable years in a rowprofit 2026: €104,669 8 years View
  • Positive: Filed on time since financial year 2023accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Resignation: DOUTRELOIGNE Wim Rob (director)Appointment: DOUTRELOIGNE Wim Rob (director) · “nieuw voorwerp zoals vermeld in artikel 3 van de nieuwe statuten” (deed in Dutch) · Legal-form conversion: to private limited company
  2. · Gazette deed Incorporation
All 14 events

Companies linked to INELEC ELECTRO

Comparable companies

These companies have the same main activity as INELEC ELECTRO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €212,000 and €483,000, founded between 1989 and 1998.

CompanyTotal assetsGross margin
INELEC ELECTRO Oudenaarde€248,701€393,426
ELECTRICITEITSWERKEN ELECTRO DRD Gavere€356,888€276,274
CARE et CURE Nivelles€241,882€404,595
LBS BEVEILIGING Grobbendonk€211,766€377,597
CINERGEC Sambreville€340,231€440,518
E.C.M.V. Le Roeulx€386,882€374,175
ELEKTRO COMA Deinze€483,165€363,535
Full comparison

Key facts about INELEC ELECTRO
What is the company number of INELEC ELECTRO?
The company number of INELEC ELECTRO is 0457.698.260. The VAT number is the same number with BE in front: BE 0457.698.260.
Where is INELEC ELECTRO based?
The registered office is at Heurnestraat 49, 9700 Oudenaarde.Company details
What does INELEC ELECTRO do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of INELEC ELECTRO?
The legal form of INELEC ELECTRO is Private limited company (BV).
When was INELEC ELECTRO founded?
INELEC ELECTRO was founded on 05-04-1996.
Is INELEC ELECTRO still active?
Yes, INELEC ELECTRO is an active enterprise in the KBO register.
How many employees does INELEC ELECTRO have?
INELEC ELECTRO had an average of 4.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does INELEC ELECTRO fall under?
In its 31-03-2026 annual accounts, INELEC ELECTRO states joint committee 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
What is the turnover of INELEC ELECTRO?
The turnover in financial year 2026 is ≈ €880,000. This figure is estimated from the gross margin of €393,426 and 34 comparable companies (NACE 43211). It probably lies between €770,000 and €1.1m.
Is INELEC ELECTRO profitable?
In financial year 2026, INELEC ELECTRO made a profit of €104,669.
Where can I find the annual accounts of INELEC ELECTRO?
INELEC ELECTRO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of INELEC ELECTRO due?
INELEC ELECTRO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Next steps

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