Skip to content

INGELEC

Active
Private limited companyfounded 2008active for 18 yearsGustave Fachedreef(L) 17, 7700 Mouscron, BelgiumKBO/BCE: BE 0897.792.408
Summary

INGELEC has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€136,777. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 58% of 349 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
INGELECActiveChecked score 81/100
Risk analysis ReportCompare

Overview

Activity
Electricity, gas, steam and air conditioning supply
NACE 35150General electrical installation work NACE 43211
1 site
Size
≈ €1.8mturnover 2025, estimated
Staff
16.9 FTE
Equity
€1.1m
Loss
-€136,777
Turnover estimated from the gross margin
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
BeliPact · 100%
Holdings
1
  • BeliPact BVDirector · permanent representative Erick Rinner
2025 accounts filed 21 days late5 of 10 deeds summarised
Why 81raises riskLoss of €136,777 (financial year 2025)Size: 16.9 FTE, total assets €2.6mlowers riskFounded in 2008Figures for financial year 2025 (filed 21-08-2026)Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 27% of its sector peers (NACE 35, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 66-22
equity 40.9% of total assets
Liquidity 43-29
short-term debt 36.7% · cash 8.0%
Profitability 12-66
return on assets -5.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (254 companies, NACE 35, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: 0.1%▲ +0.1 percentage points 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%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 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 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.6, compared with 4.72 in 2024, above the usual 1.5; short-term debt: 36.7% and cash: 8% of total assets), but 59.1% 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 35, small): better than 60% on solvency, 29% on liquidity, 7% on profitability and 14% on growth.

The bankruptcy probability was computed on 29-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €136,777 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 21-08-2026)
NBB · annual accounts
raises risk · Size: 16.9 FTE, total assets €2.6m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
21 days late
2024
36 days early
2023
35 days early
2022
26 days early
2021
13 days early
2020
22 days early
2019
15 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 18 days before the deadline; the sector median (NACE 35) for financial year 2024 is 22 days before the deadline, and 27% 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 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Leapfrogs SComm (personne chargée de…Power of attorney
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Appointments: Leapfrogs SComm (personne chargée de…Power of attorney

Key points

  • Caution: From profit to loss in 2025after €179,709 in 2024 -€136,777 View
  • Caution: Among the weakest 13% on net resultsector median €18,982 · 349 companies -€136,777 View
  • Controlled by BeliPact 100% View
  • New directorslatest change 06-07-2026 · 1 in office 2 joined View

By topic

Financials

Financial year
2025
Total assets
€2.6m
Loss
-€136,777
Solvency
40.9%
Total assets▲ 3.0%
Net result
20182025
Go to Financials

Timeline

Events
26
Since
2010
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 25-06-2025Annual accounts filed
  3. 08-05-2025Permanent representatives: Bertrand Dhulst, Frédéric Labis and…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Electricity, gas, steam and air conditioning supplyNACE 35150
Founded
08-05-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
31
Annual meeting
Second Friday of June at 18:00
Purpose
“Installation d'électricité industrielle de haute et basse tension,tant dans le secteur…” (deed in French)
Go to Articles of association

Key facts about INGELEC

What is the company number of INGELEC?
0897.792.408. In Belgium the VAT number is the company number with BE in front: BE 0897.792.408.
Where is INGELEC based?
The registered office is at Gustave Fachedreef(L) 17, 7700 Mouscron.Company details
What does INGELEC do?
According to the KBO register, the main activity is electricity, gas, steam and air conditioning supply (NACE 35150).
What is the legal form of INGELEC?
Private limited company (BV).
When was INGELEC founded?
On 08-05-2008.
Is INGELEC still active?
Yes, INGELEC is an active enterprise in the KBO register.
How many employees does INGELEC have?
On average 16.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of INGELEC?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is INGELEC profitable?
In financial year 2025, INGELEC made a loss of €136,777.
Where can I find the annual accounts of INGELEC?
INGELEC filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INGELEC due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to INGELEC

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure