JELEC SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of JELEC SOLUTIONS is 2.2% (moderate). The 2025 annual accounts show equity of €36k and a net result of €33k. Its solvency ranks better than 46% of 27965 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability100
Solvency69
Growth-
Track record67
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.76; short-term debt: 49.5% and cash: 62.4% of total assets), but 56% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44%
Return on assets
40.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 1 filingDeviation from the deadline
2025
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€36k
Total assets
€82k
Net result
€33k
Working capital
€31k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €82k
Fixed assets
€10k
Current assets
€72k
Equity and liabilities €82k
Equity
€36k
Debt
€46k
Debt finances 56.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€53k
Cash flow
€39k
Current ratio
1.76
Debt to equity
1.27
ROE
91.7%
ROA
40.4%
Interest coverage
48.53
Debt ≤ 1 year
€41k
Debt > 1 year
€5k
Income taxes
€13k
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet
Code2025
Assets
Total assets20/58€82k
Fixed assets21/28€10k
Tangible fixed assets22/27€10k
Furniture and vehicles24€10k
Current assets29/58€72k
Amounts receivable within one year40/41€20k
Trade receivables40€20k
Cash at bank and in hand54/58€51k
Deferred charges and accrued income490/1€579
Equity and liabilities
Total equity and liabilities10/49€82k
Equity10/15€36k
Contributions10/11€3k
Reserves13€33k
Distributable reserves133€33k
Amounts payable17/49€46k
Amounts payable after more than one year17€5k
Financial debts170/4€5k
Amounts payable within one year42/48€41k
Current portion of amounts payable after more than one year42€2k
Trade debts44€22k
Suppliers440/4€22k
Taxes, remuneration and social security45€15k
Taxes450/3€13k
Remuneration and social security454/9€2k
Other amounts payable47/48€1k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k
Other operating charges640/8€2k
Non-recurring operating charges66A€121
Gross operating margin9900€54k
Operating profit (loss)9901€47k
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€46k
Income taxes67/77€13k
Profit (loss) for the period9904€33k
Profit (loss) for the period to be appropriated9905€33k
Appropriation of the result
Profit (loss) to be appropriated9906€33k
Transfer to equity691/2€33k
To other reserves6921€33k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k |
| Other operating charges640/8 | €2k |
| Non-recurring operating charges66A | €121 |
| Gross operating margin9900 | €54k |
| Operating profit (loss)9901 | €47k |
| Financial charges65/66B | €1k |
| Recurring financial charges65 | €1k |
| Profit (loss) for the period before taxes9903 | €46k |
| Income taxes67/77 | €13k |
| Profit (loss) for the period9904 | €33k |
| Profit (loss) for the period to be appropriated9905 | €33k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €82k | |
| Fixed assets21/28 | €10k | |
| Tangible fixed assets22/27 | €10k | |
| Furniture and vehicles24 | €10k | |
| Current assets29/58 | €72k | |
| Amounts receivable within one year40/41 | €20k | |
| Trade receivables40 | €20k | |
| Cash at bank and in hand54/58 | €51k | |
| Deferred charges and accrued income490/1 | €579 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €82k | |
| Equity10/15 | €36k | |
| Contributions10/11 | €3k | |
| Reserves13 | €33k | |
| Distributable reserves133 | €33k | |
| Amounts payable17/49 | €46k | |
| Amounts payable after more than one year17 | €5k | |
| Financial debts170/4 | €5k | |
| Amounts payable within one year42/48 | €41k | |
| Current portion of amounts payable after more than one year42 | €2k | |
| Trade debts44 | €22k | |
| Suppliers440/4 | €22k | |
| Taxes, remuneration and social security45 | €15k | |
| Taxes450/3 | €13k | |
| Remuneration and social security454/9 | €2k | |
| Other amounts payable47/48 | €1k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €33k |
| + Depreciation and write-downs630 | €6k |
| Operating cash flow (approximation) | €39k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk
Ground area
405 m²
Building footprint
117 m²
Volume, LiDAR
651 m³
Parcel 34021B0294/00B002, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34021B0294/00B002 | Flanders | 405 m² | 1 · 117 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ARTILEK
BE 0418.150.370
Lier · Eq €36,058
E.C.J.
BE 0842.859.229
Beringen · Eq €36,042
DEVREESE MARC
BE 0819.025.141
Oostende · Eq €36,042
RDR-ELECTRIC
BE 1005.796.859
Lede · Eq €36,029
Stevali
BE 0798.481.630
Erpe-Mere · Eq €36,027
Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,217 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.