ITELEC

Open bankruptcy

Private limited companyfounded 2022Rue de Chastre, Corroy 11, 1325 Chaumont-Gistoux, BelgiumKBO/BCE: BE 0784.370.803

A bankruptcy procedure is open for ITELEC according to publications in the Belgian State Gazette; curator: ISABELLE BRONKAERT.

Summary

The 2025 annual accounts show negative equity (€-284k) and a net result of €-131k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

232425

2023 to 2025 · latest year €-284k

The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 3 filings

Deviation from the deadline

2025

18 d late

2024

28 d late

2023

50 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-284k▼ 85.3%

2024 · €-153k

2023: €55k 2024: €-153k

2023 → 2025

Total assets

€1.22M▲ 218%

2024 · €383k

2023: €336k 2024: €383k

2023 → 2025

Net result

€-131k▲ 37.1%

2024 · €-208k

2023: €52k 2024: €-208k

2023 → 2025

Working capital

€-321k▼ 154%

2024 · €-126k

2023: €99k 2024: €-126k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€55k-€-153k€-284k▼ 85.3%

Operating result€68k-€-200k€-95k▲ 52.3%

Net result€52k-€-208k€-131k▲ 37.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €95k in 2025 against €200k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.22M

94.4%

Fixed assets €68k ▲ 178%

Current assets €1.15M ▲ 221%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-86k▲

2024 · €-197k

Cash flow

€-122k▲

2024 · €-205k

Solvency

-23.4%▲

2024 · -40.1%

Current ratio

0.78▲

2024 · 0.74

Debt to equity

-5.28▼

2024 · -3.49

ROA

-10.8%▲

2024 · -54.3%

Interest coverage

-2.61▲

2024 · -21.27

Debt

€1.50M▲

2024 · €536k

Debt ≤ 1 year

€1.47M▲

2024 · €485k

Debt > 1 year

€31k▼

2024 · €51k

Income taxes

€141▲

2024 · €97

Staff costs

€1.55M▲

2024 · €494k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines

Balance sheet Code20242025

Assets

Total assets20/58€383k€1.22M▲

Fixed assets21/28€24k€68k▲

Intangible fixed assets21-€29k

Tangible fixed assets22/27€24k€39k▲

Plant, machinery and equipment23€3k€7k▲

Furniture and vehicles24€22k€32k▲

Financial fixed assets28-€105

Current assets29/58€358k€1.15M▲

Amounts receivable within one year40/41€357k€1.13M▲

Trade receivables40€328k€1.09M▲

Other amounts receivable41€29k€47k▲

Cash at bank and in hand54/58€608€3k▲

Deferred charges and accrued income490/1€973€14k▲

Equity and liabilities

Total equity and liabilities10/49€383k€1.22M▲

Equity10/15€-153k€-284k▼

Contributions10/11€3k€3k=

Profit (loss) carried forward14€-156k€-287k▼

Amounts payable17/49€536k€1.50M▲

Amounts payable after more than one year17€51k€31k▼

Financial debts170/4€51k€31k▼

Amounts payable within one year42/48€485k€1.47M▲

Current portion of amounts payable after more than one year42€19k€21k▲

Trade debts44€239k€645k▲

Suppliers440/4€239k€645k▲

Advances received on contracts in progress46€12k€12k=

Taxes, remuneration and social security45€214k€793k▲

Taxes450/3€73k€227k▲

Remuneration and social security454/9€141k€566k▲

Income statement Code20242025

Non-recurring operating income76A-€3k

Remuneration, social security and pensions62€494k€1.55M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€9k▲

Other operating charges640/8€7k€25k▲

Gross operating margin9900€304k€1.49M▲

Operating profit (loss)9901€-200k€-95k▲

Financial income75/76B€1k-

Recurring financial income75€1k-

Financial charges65/66B€9k€36k▲

Recurring financial charges65€9k€33k▲

Non-recurring financial charges66B-€3k

Profit (loss) for the period before taxes9903€-208k€-131k▲

Income taxes67/77€97€141▲

Profit (loss) for the period9904€-208k€-131k▲

Profit (loss) for the period to be appropriated9905€-208k€-131k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-156k€-287k▼

Profit (loss) brought forward from the previous period14P€52k€-156k▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 5Signals 1Financial 1Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

22-09

Bankruptcy Opening

Tribunal de l’entreprise du Hainaut, division Charleroi · ITELEC SRL RUE DE CHASTRE, CORROY 11, 1325 CHAUMONT-GISTOUX · event 14-09-2026

18-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 18 days late

2025

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

31-12

Financial Weakest financial yearnet €-208k ▼499%

Net result drops to €-208k, the lowest in the series.

19-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 50 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Chaumont-Gistoux · 2 establishment units since 2022

establishment All 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue de Chastre, Corroy 111325 Chaumont-Gistoux

Ground area

6,999 m²

Building footprint

329 m²

Volume, LiDAR

909 m³

2 parcels, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

ITELEC

Rue du Bosquet(GY) 19, 6181 CourcellesInstallation of industrial machinery and equipment

since 20222.330.381.349

ITELEC

Rue de Chastre, Corroy 11, 1325 Chaumont-GistouxIT consultancy

since 20222.330.381.448

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25021G0006/00H000	Wallonia	4,635 m²	1 · 229 m²	-
52031B1021/00E000	Wallonia	2,364 m²	1 · 100 m²	10.7 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	ISABELLE BRONKAERT CHAUSSEE DE THUIN 164, 6032 MONT-SUR-MARCHIENNE- . Date provisoire de cessation de paiement : 14/09/2026	14-09-2026 → present

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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,517 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-04-2022

Fiscal year end31-12

Activities, NACEBEL 2025

43211General electrical installation work

70200Business and other management consultancy

33200Installation of industrial machinery and equipment

43212Electrical installation work in industrial facilities

63920Other information service activities

80090Investigation and security activities

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:info.itelec@gmail.com

Enterprise