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INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES

Active
Public limited companyfounded 1991active for 35 yearsRue de Hainaut(CO) 86, 6180 Courcelles, BelgiumKBO/BCE: BE 0442.506.179
Summary

INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES has been active since 1991 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 €356,922. Equity has been stable since 2018 (±2.1% per year). Its solvency ranks better than 52% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUESActiveChecked score 88/100

Overview

Official details

Source: KBO
Status
Active since 01-01-1991 Normal situation
Activity
General electrical installation work NACE 43211
Establishment unit
2.051.229.801 6180 Courcelles, since 24-01-1991
Financial year end
31 December
Peppol
Reachable since 12-12-2025

Board and ownership

Board
Shareholders

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€2.4m
▲ 17.0%
Turnover
≈ €6.7m
estimated
Profit
€356,922
▲ 81.7%
Equity
€1.2m
▲ 16.5%
Total assets
€2.7m
▼ 11.8%
Employees on 31-12-2025
30
▲ 3.4%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.36, cash €82,872, halvedlowers riskFounded in 1991Profit of €356,922 (financial year 2025)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 69+11
equity 44.2% of total assets
Liquidity 28-2
short-term debt 52.2% · cash 3.1%
Profitability 86+9
return on assets 13.4%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)
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: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.7 percentage points vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points 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 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.36 (1.16 in 2024), below the usual 1.5. Short-term debt is 52.2% and cash 3.1% of total assets. 55.8% 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, small). It does better than 59% of them on solvency, 20% on liquidity, 83% on profitability and 72% on growth.

The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 1.36, cash €82,872, halved
NBB · annual accounts
lowers risk · Profit of €356,922 (financial year 2025)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.2m
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 days early
2024
19 days late
2023
26 days early
2022
4 days late
2021
5 days early
2020
16 days early
2019
30 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 9 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €196,410 to €356,922 ▲ 81.7% View
  • Positive: 2nd largest company by equity in Courcelles, Construction sectorin the Checked rankings No. 2 View
  • Positive: 7 profitable years in a rowprofit 2025: €356,922 7 years View

Recent changes

  1. · Gazette deed Amendment of the articles · Resignations & appointmentsPermanent representatives: Fabian DUBRECQ and Luc BIZET · Resignations: Luc BIZET, DE NARDI Valério and Fabian DUBRECQ · Appointments: Fabian DUBRECQ (director) and BM INVEST (director)
  2. · Gazette deed Incorporation
All 16 events

Companies linked to INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES

Comparable companies

These companies have the same main activity as INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €2.2m and €2.9m, founded between 1984 and 1998.

CompanyTotal assetsGross margin
INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES Courcelles€2.7m€2.4m
AAtechnics Gent€2.4m€2.6m
epTechnieken Oud-Turnhout€2.2m€2.3m
HELEBLITZ services Damme€2.9m€2.6m
D.M. CABLES Fleurus€2.2m€2.0m
INSTRUMELEC-IME Quaregnon€2.2m€1.8m
BEPHONIC Morlanwelz€2.2m€1.8m
Full comparison

Key facts about INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES

What is the company number of INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES?
The company number of INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES is 0442.506.179. The VAT number is the same number with BE in front: BE 0442.506.179.
Where is INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES based?
The registered office is at Rue de Hainaut(CO) 86, 6180 Courcelles.Company details
What does INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES?
The legal form of INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES is Public limited company (NV).
When was INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES founded?
INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES was founded on 01-01-1991.
Is INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES still active?
Yes, INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES is an active enterprise in the KBO register.
How many employees does INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES have?
INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES had an average of 23.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES?
The turnover in financial year 2025 is ≈ €6.7m. This figure is estimated from the gross margin of €2.4m and 31 comparable companies (NACE 432). It probably lies between €5.2m and €8.3m. In financial year 2022 turnover was €4.4m.
Is INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES profitable?
In financial year 2025, INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES made a profit of €356,922.
Where can I find the annual accounts of INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES?
INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES due?
INSTALLATIONS, MAINTENANCE ET CONSTRUCTIONS ELECTROTECHNIQUES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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