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LB ELEK

Active
Private limited companyfounded 2005active for 21 yearsHertstraat 73, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0871.731.971
Summary

LB ELEK has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188,859 and a net result of €41,985. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 71% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 01-02-2005 Normal situation
Activity
General electrical installation work NACE 43211
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 30-09-2025
Establishment unit
2.145.369.784 2860 Sint-Katelijne-Waver, since 08-02-2005
Financial year end
30 September
Peppol
Reachable since 06-02-2025

Board and ownership

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-09-2025
Gross margin
€85,117
▼ 37.2%
Turnover
≈ €310,000
estimated
Profit
€41,985
▼ 39.5%
Equity
€188,859
▲ 28.6%
Total assets
€284,923
▲ 16.2%
Employees on 30-09-2025
1
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Size: total assets €284,923lowers riskFounded in 2005Liquidity: current ratio 3.45, cash €33,573Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 91+6
equity 66.3% of total assets
Liquidity 55+10
short-term debt 25.3% · cash 11.8%
Profitability 87-13
return on assets 14.7%
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% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.2%▼ -0.1 percentage points vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged 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: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 0.2%▼ -0.5 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.45 (3.35 in 2024), above the usual 1.5. Short-term debt is 25.3% and cash 11.8% of total assets. 33.7% 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 72% of them on solvency, 51% on liquidity, 72% on profitability and 74% on growth.

The bankruptcy probability was computed on 01-11-2026 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).

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2005
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 · Size: total assets €284,923
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 · Liquidity: current ratio 3.45, cash €33,573
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
22 days early
2023
18 days early
2022
18 days early
2021
30 days early
2020
37 days early
2019
20 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 21 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 financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 12 April (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
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-04-2026 PDF all 20 filings

Turnover
≈ €310,000
Estimated: probably between €210,000 and €510,000
Total assets
€284,923▲ 16.2%
2024 · €245,222
Net result
€41,985▼ 39.5%
2024 · €69,449
Working capital
€176,713▲ 31.4%
2024 · €134,504
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 38% lower than in 2024.

Operating result€63,349 2025 Net result€41,985 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€21,829--€4,721▲ 78.4%€18,681€37,046▲ 98.3%€11,390▼ 69.3%€101,577▲ 792%€63,349▼ 37.6%
Net result-€25,492--€8,125below the sector's middle half▲ 68.1%€14,210within the sector's middle half€25,419within the sector's middle half▲ 78.9%€5,063within the sector's middle half▼ 80.1%€69,449above the sector's middle half▲ 14×€41,985above the sector's middle half▼ 39.5%
Equity€97,241-€89,117within the sector's middle half▼ 8.4%€103,327within the sector's middle half▲ 15.9%€128,746above the sector's middle half▲ 24.6%€133,809above the sector's middle half▲ 3.9%€146,874above the sector's middle half▲ 9.8%€188,859above the sector's middle half▲ 28.6%
Total assets€258,564-€244,141within the sector's middle half▼ 5.6%€284,993within the sector's middle half▲ 16.7%€260,865within the sector's middle half▼ 8.5%€251,904within the sector's middle half▼ 3.4%€245,222within the sector's middle half▼ 2.7%€284,923within the sector's middle half▲ 16.2%
Debt€161,322-€155,024▼ 3.9%€181,667▲ 17.2%€132,119▼ 27.3%€118,095▼ 10.6%€98,348▼ 16.7%€96,064▼ 2.3%
Working capital€60,464-€73,793within the sector's middle half▲ 22.0%€70,729within the sector's middle half▼ 4.2%€125,568above the sector's middle half▲ 77.5%€130,256above the sector's middle half▲ 3.7%€134,504above the sector's middle half▲ 3.3%€176,713above the sector's middle half▲ 31.4%
Solvency37.6%-36.5%within the sector's middle half▼ 1.1pp36.3%within the sector's middle half▼ 0.2pp49.4%within the sector's middle half▲ 13.1pp53.1%within the sector's middle half▲ 3.8pp59.9%within the sector's middle half▲ 6.8pp66.3%within the sector's middle half▲ 6.4pp
Current ratio1.50-1.67within the sector's middle half▲ 0.171.45within the sector's middle half▼ 0.222.40within the sector's middle half▲ 0.952.35within the sector's middle half▼ 0.053.35above the sector's middle half▲ 1.003.45above the sector's middle half▲ 0.10
Return on assets (ROA)-9.9%--3.3%below the sector's middle half▲ 6.5pp5.0%within the sector's middle half▲ 8.3pp9.7%within the sector's middle half▲ 4.8pp2.0%within the sector's middle half▼ 7.7pp28.3%above the sector's middle half▲ 26.3pp14.7%within the sector's middle half▼ 13.6pp
Staff (FTE)2.3-2.3within the sector's middle half=2▼ 13.0%1▼ 50.0%1=0.3▼ 70.0%0.1▼ 66.7%
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €284,923
Fixed assets €36,021 ▼ 32.6%
Current assets €248,901 ▲ 29.8%
Equity and liabilities €284,923
Equity €188,859 ▲ 28.6%
Debt €96,064 ▼ 2.3%
Debt's share of the balance-sheet total falls from 40.1% to 33.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€80,748▼
2024 · €118,836
Cash flow
€59,384▼
2024 · €86,709
Quick ratio
2.88▲
2024 · 2.55
Debt to equity
0.51▼
2024 · 0.67
ROE
22.2%▼
2024 · 47.3%
Interest coverage
14.56▼
2024 · 24.94
Debt ≤ 1 year
€72,188▲
2024 · €57,297
Debt > 1 year
€23,876▼
2024 · €41,050
Income taxes
€16,750▼
2024 · €27,589
Staff costs
€676▼
2024 · €13,176
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-09-202230-09-202330-09-202430-09-2025
Employees at the balance-sheet date1--1
full-time1--1
part-time---0
in full-time equivalents1--1
Average over the year, in full-time equivalents110.30.1
On a permanent contract1---
Joined0-01
Left1-10

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-09-202230-09-202330-09-202430-09-2025
Tangible fixed assets€5,740-€49,258-
Depreciation and write-downs of the year€18,782€20,533€17,259€17,399

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet Code20242025
Assets
Total assets20/58€245,222€284,923▲
Fixed assets21/28€53,420€36,021▼
Tangible fixed assets22/27€53,270€35,871▼
Land and buildings22€4,337€357▼
Plant, machinery and equipment23€6,463€2,554▼
Furniture and vehicles24€42,471€32,960▼
Financial fixed assets28€150€150=
Current assets29/58€191,801€248,901▲
Stocks and contracts in progress3€45,455€41,059▼
Stocks30/36€45,455€41,059▼
Amounts receivable within one year40/41€138,233€165,001▲
Trade receivables40€133,788€150,004▲
Other amounts receivable41€4,445€14,997▲
Cash at bank and in hand54/58€6,047€33,573▲
Deferred charges and accrued income490/1€2,066€9,269▲
Equity and liabilities
Total equity and liabilities10/49€245,222€284,923▲
Equity10/15€146,874€188,859▲
Contributions10/11€12,400€12,400=
Reserves13€134,177€176,162▲
Non-distributable reserves130/1€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855=
Tax-exempt reserves132€18,180€18,180=
Distributable reserves133€114,142€156,127▲
Profit (loss) carried forward14€296€296=
Amounts payable17/49€98,348€96,064▼
Amounts payable after more than one year17€41,050€23,876▼
Financial debts170/4€41,050€23,876▼
Amounts payable within one year42/48€57,297€72,188▲
Current portion of amounts payable after more than one year42€16,659€17,175▲
Financial debts43-€4,845
Credit institutions430/8-€4,845
Trade debts44€34,898€46,192▲
Suppliers440/4€34,898€46,192▲
Taxes, remuneration and social security45€3,389€3,976▲
Taxes450/3€89€0▼
Remuneration and social security454/9€3,300€3,976▲
Other amounts payable47/48€2,351€0▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Non-recurring operating income76A€2,121€0▼
Remuneration, social security and pensions62€13,176€676▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,259€17,399▲
Other operating charges640/8€3,600€3,692▲
Gross operating margin9900€135,612€85,117▼
Operating profit (loss)9901€101,577€63,349▼
Financial income75/76B€225€930▲
Recurring financial income75€225€930▲
Financial charges65/66B€4,764€5,544▲
Recurring financial charges65€4,764€5,544▲
Profit (loss) for the period before taxes9903€97,038€58,735▼
Income taxes67/77€27,589€16,750▼
Profit (loss) for the period9904€69,449€41,985▼
Profit (loss) for the period to be appropriated9905€69,449€41,985▼
Appropriation of the result
Profit (loss) to be appropriated9906€69,746€42,281▼
Profit (loss) brought forward from the previous period14P€296€296=
Transfer from equity791/2€56,385€0▼
Transfer to equity691/2€69,449€41,985▼
To other reserves6921€69,449€41,985▼
Profit to be distributed694/7€56,385€0▼
Return on contributions (dividend)694€56,385€0▼

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 29-04-2026.

Line2019202020212022202320242025Change
Non-recurring operating income76A---€166-€2,121€0▼ 100%
Remuneration, social security and pensions62---€38,293€44,459€13,176€676▼ 94.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,963€24,163€23,654€18,782€20,533€17,259€17,399▲ 0.8%
Other operating charges640/8---€4,412€4,322€3,600€3,692▲ 2.6%
Gross operating margin9900€104,275€111,498€108,565€98,532€80,703€135,612€85,117▼ 37.2%
Operating profit (loss)9901-€21,829-€4,721€18,681€37,046€11,390€101,577€63,349▼ 37.6%
Financial income75/76B---€117€362€225€930▲ 313%
Recurring financial income75€255€13€98€117€362€225€930▲ 313%
Financial charges65/66B---€3,279€3,577€4,764€5,544▲ 16.4%
Recurring financial charges65€3,918€3,416€3,147€3,279€3,577€4,764€5,544▲ 16.4%
Profit (loss) for the period before taxes9903-€25,492-€8,125€15,631€33,883€8,174€97,038€58,735▼ 39.5%
Income taxes67/77--€1,421€8,464€3,111€27,589€16,750▼ 39.3%
Profit (loss) for the period9904-€25,492-€8,125€14,210€25,419€5,063€69,449€41,985▼ 39.5%
Profit (loss) for the period to be appropriated9905-€25,492-€8,125€14,210€25,419€5,063€69,449€41,985▼ 39.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€258,564€244,141€284,993€260,865€251,904€245,222€284,923▲ 16.2%
Fixed assets21/28€77,817€60,903€58,660€45,618€25,085€53,420€36,021▼ 32.6%
Tangible fixed assets22/27€77,667€60,753€58,510€45,468€24,935€53,270€35,871▼ 32.7%
Land and buildings22---€20,829€12,583€4,337€357▼ 91.8%
Plant, machinery and equipment23---€12,032€7,683€6,463€2,554▼ 60.5%
Furniture and vehicles24---€12,607€4,670€42,471€32,960▼ 22.4%
Financial fixed assets28€150€150€150€150€150€150€150=
Current assets29/58€180,747€183,238€226,333€215,247€226,819€191,801€248,901▲ 29.8%
Stocks and contracts in progress3€50,727€36,630€38,939€42,513€35,977€45,455€41,059▼ 9.7%
Stocks30/36---€42,513€35,977€45,455€41,059▼ 9.7%
Amounts receivable within one year40/41€129,990€144,851€147,285€163,088€147,919€138,233€165,001▲ 19.4%
Trade receivables40---€142,012€139,161€133,788€150,004▲ 12.1%
Other amounts receivable41---€21,076€8,758€4,445€14,997▲ 237%
Current investments50/53€30€29€29€29€29---
Cash at bank and in hand54/58-€1,727€38,417€5,278€30,647€6,047€33,573▲ 455%
Deferred charges and accrued income490/1---€4,339€12,248€2,066€9,269▲ 349%
Equity and liabilities
Total equity and liabilities10/49€258,564€244,141€284,993€260,865€251,904€245,222€284,923▲ 16.2%
Equity10/15€97,241€89,117€103,327€128,746€133,809€146,874€188,859▲ 28.6%
Contributions10/11€12,400--€12,400€12,400€12,400€12,400=
Reserves13€76,420€76,420€90,630€116,050€121,113€134,177€176,162▲ 31.3%
Non-distributable reserves130/1---€1,855€1,855€1,855€1,855=
Reserves not available under the articles1311---€1,855€1,855€1,855€1,855=
Tax-exempt reserves132---€18,180€18,180€18,180€18,180=
Distributable reserves133---€96,014€101,078€114,142€156,127▲ 36.8%
Profit (loss) carried forward14€8,421€296€296€296€296€296€296=
Amounts payable17/49€161,322€155,024€181,667€132,119€118,095€98,348€96,064▼ 2.3%
Amounts payable after more than one year17€39,288€45,580€26,062€42,092€21,184€41,050€23,876▼ 41.8%
Financial debts170/4---€42,092€21,184€41,050€23,876▼ 41.8%
Amounts payable within one year42/48€120,283€109,445€155,605€89,679€96,563€57,297€72,188▲ 26.0%
Current portion of amounts payable after more than one year42---€23,194€20,908€16,659€17,175▲ 3.1%
Financial debts43---€10,000--€4,845-
Credit institutions430/8---€10,000--€4,845-
Trade debts44€52,659€41,671€83,061€53,243€59,465€34,898€46,192▲ 32.4%
Suppliers440/4---€53,243€59,465€34,898€46,192▲ 32.4%
Taxes, remuneration and social security45---€1,171€4,513€3,389€3,976▲ 17.3%
Taxes450/3----€111€89€0▼ 100%
Remuneration and social security454/9---€1,171€4,402€3,300€3,976▲ 20.5%
Other amounts payable47/48---€2,070€11,677€2,351€0▼ 100%
Accrued charges and deferred income492/3---€348€348€0--
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€25,492-€8,125€14,210€25,419€5,063€69,449€41,985▼ 39.5%
+ Depreciation and write-downs630€23,963€24,163€23,654€18,782€20,533€17,259€17,399▲ 0.8%
Operating cash flow (approximation)-€1,529€16,039€37,865€44,201€25,596€86,709€59,384▼ 31.5%
Investment in fixed assets (approximation)--€7,250-€21,411-€5,740€0-€45,595€0-
Change in cash--€36,690-€33,139€25,369-€24,600€27,525-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 31,368 companies had the same profile as LB ELEK has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of LB ELEK itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for LB ELEK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 29-04-2026 2026-00098377 PDF
30-09-2024 micro format 08-04-2025 2025-00066709 PDF
30-09-2023 micro format 12-04-2024 2024-00062916 PDF
30-09-2022 micro format 12-04-2023 2023-00058568 PDF
30-09-2021 micro format 31-03-2022 2022-09500555 PDF
30-09-2020 micro format 24-03-2021 2021-08600296 PDF
30-09-2019 micro format 10-04-2020 2020-09300078 PDF
30-09-2018 micro format 12-04-2019 2019-09900006 PDF
30-09-2017 micro format 30-03-2018 2018-08900050 PDF
30-09-2016 abbreviated format 27-04-2017 2017-10300131 PDF

Show all 20 filings

Board & ownership

Directors

Directors
1 director, last change in 2024
BUELENS Luk Alfons Lisette
Director (not named in the articles) · appointed in the act of 19-09-2024 · earlier manager, until 19-09-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 29-04-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 18. Externe vertegenwoordigingsbevoegdheid Iedere bestuurder afzonderlijk, ook wanneer er meerdere zijn, vertegenwoordigt de…”
deed of 19-09-2024

Owners and capital

Capital transactions

Capital over time
  1. 19-09-2024 Converted to unavailable equity · €12,400
  2. 19-09-2024 Converted to unavailable equity · €1,855
  3. 19-09-2024 Converted to uncalled contributions · €6,150

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
BUELENS Luk Alfons Lisette
  • Manager, until 19-09-2024
  • Director (not named in the articles), appointed in the act of 19-09-2024, still in office
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Bestuursorgaan, De niet-statutaire bestuurders zijn enkel herroepbaar ad nutum bij besluit van de algemene vergadering, zonder dat hun…”
“Interne bestuursbevoegdheid, De bestuurders kunnen de uitoefening van een deel van hun bevoegdheid ten titel van bijzondere volmacht…”
“Vergoeding van bestuurders, De algemene vergadering beslist of het mandaat van de bestuurder al dan niet ten kosteloze titel wordt…”
Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
“De commissarissen worden benoemd voor een hernieuwbare termijn van drie jaar., De controle op de financiële toestand, op de jaarrekening en…”

Articles of association, deed of 19-09-2024 (in Dutch)

Network & group

LB ELEK shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of LB ELEK. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 30-04-2027
2026
29-04
NBB filing Annual accounts 2025 filedPDF
micro format · 1 day before the deadline
2025
30-09
Financial Equity above €150,000equity €188,859 ▲28.6%
After 5 profitable years in a row, equity reaches €188,859.
08-04
NBB filing Annual accounts 2024 filedPDF
micro format · 22 days before the deadline
2024
30-09
Financial Highest result from 2019 to 2025net €69,449 ▲1,272%
The operating result of €101,577 and the net result of €69,449 are both a record.
19-09
Gazette deed Change of role: BUELENS Luk Alfons Lisette, from manager to director
Amendment of the articles · Purpose change · Capital conversion10 points ▸
  • General meeting, 16-09-2024
  • Amendment of the articles, mentioned 2 times in the deed
  • Purpose change
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch), mentioned 2 times in the deed
  • Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
  • Reserve release, “statutair onbeschikbare eigen vermogensrekening, opheffen” (deed in Dutch)
  • Director resignation, BUELENS Luk Alfons Lisette (manager)
  • Director appointment, BUELENS Luk Alfons Lisette (director (not named in the articles))
  • Power of attorney, Adrienne Spaepen
  • Power of attorney

Open the act in the Belgian Official Gazette

12-04
NBB filing Annual accounts 2023 filedPDF
micro format · 18 days before the deadline
2023
12-04
NBB filing Annual accounts 2022 filedPDF
micro format · 18 days before the deadline
2022
31-03
NBB filing Annual accounts 2021 filedPDF
micro format · 30 days before the deadline
2021
30-09
Financial Back to profitnet €14,210
The net result is €14,210, after 2 loss-making years.
30-09
Financial Equity above €100,000equity €103,327 ▲15.9%
Equity rises from €89,117 to €103,327.
24-03
NBB filing Annual accounts 2020 filedPDF
micro format · 37 days before the deadline
2020
10-04
NBB filing Annual accounts 2019 filedPDF
micro format · 20 days before the deadline
Show earlier events
2019
12-04
NBB filing Annual accounts 2018 filedPDF
micro format · 18 days before the deadline
2018
30-03
NBB filing Annual accounts 2017 filedPDF
micro format · 31 days before the deadline
2017
27-04
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 3 days before the deadline
2005
15-02
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 1 February 2005, LB ELEK was incorporated.1 Total assets went from €258,564 in 2019 to €284,923 in 2025 and headcount from 2.3 to 0.1 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name LB ELEK in Dutch
Enterprise number 0871.731.971
Legal form Private limited company
Status Active, normale toestand
Founded 01-02-2005
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 19-09-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, 2860 Sint-Katelijne-Waver, Hertstraat 73”
“Vlaams Gewest, eenvoudige beslissing van het bestuursorgaan”
deed of 19-09-2024 (in Dutch)

Registered office and establishments

Registered office Hertstraat 73, 2860 Sint-Katelijne-Waver, Belgium
Establishment unit LB ELEK, Hertstraat 73, 2860 Sint-Katelijne-Waver since 08-02-2005 · unit number 2.145.369.784

Activities

NACEBEL 2025
43211 General electrical installation work main activity
Codes under NACEBEL 2008
43211 Specialised construction activities main activity
Codes under NACEBEL 2003
45310 main activity
Joint committee 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie annual accounts 30-09-2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Elektrotechnische installatiewerken aan gebouwen; Alle activiteiten m.b.t. adviesverlening, management, marketing, coaching, communicatie en…”
31 activities
  1. Elektrotechnische installatiewerken aan gebouwen
  2. Alle activiteiten m.b.t. adviesverlening, management, marketing, coaching, communicatie en aanverwante
  3. Het verstrekken van opleidingen, de organisatie van seminaries, cursussen, conferenties tentoonstellingen en beurzen
  4. Het uitoefenen van bestuursfuncties of mandaten in vennootschappen, organisaties of verenigingen
  5. Het uitvoeren, begeleiden en controleren van marktstudies in de breedste zin van het woord
  6. Alle activiteiten m.b.t. informatica en elektronica, IT-consulting, programmering, ontwikkeling, ontwerp, verkoop, installatie, adviesverlening m.b.t. informatica -en elektronicatoepassingen en aanverwante, zowel hardware als software
  7. Het verwerven, behouden, beheren, huren en verhuren, onderhouden, renoveren, uitbreiden, vervreemden, verdelen en verkavelen van alle mogelijke onroerende goederen, dit alles met inbegrip van het afsluiten van contracten van onroerende leasing
  8. De aanneming van algemene bouwwerken, nieuwbouwwerken, renovatiewerken, onderhoudswerken, projectontwikkeling en projectmanagement
  9. De aankoop, verkoop, huur, invoer en uitvoer van alle mogelijke materialen, goederen, toestellen en materieel, noodzakelijk voor de bouw, het onderhoud, het herstel en de vernieuwing van gebouwen
  10. Het bouwen van openbare en particuliere gebouwen
  11. Het optrekken van individuele woningen, appartementen, kantoorgebouwen of industriële gebouwen, in opdracht en/of volgens de formule sleutel op de deur
  12. Alle activiteiten van bouwpromotor
  13. Alle studies en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten welke daaruit voortvloeien, zoals de aankoop, de bouw, de verbouwing, de aanpassing, de huur en onderhuur, de ruiling, de verkoop en, in het algemeen, alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, voor zichzelf of voor anderen van alle bebouwde of onbebouwde onroerende eigendommen
  14. Het maken van en het adviseren bij haalbaarheidsstudies
  15. Het opstellen van en de begeleiding bij alle vormen van aanbestedingen
  16. Het uitvoeren van expertises m.b.t. onroerende en roerende goederen
  17. Arbeidsbemiddeling, personeelsselectie, marktonderzoek, rekrutering, functioneringsonderzoeken en alle aanverwante activiteiten
  18. Outplacement en alle aanverwante activiteiten
  19. De inrichting en de organisatie van evenementen, activiteiten, reizen, e.d. met inbegrip van begeleiding of advies hieromtrent
  20. Alle activiteiten met betrekking tot ontwerp, verkoop, adviesverlening, coördinatie van werkzaamheden, implementatie van systemen, bedrijfsvoering en dit alles in de ruimste zin
  21. Het aanleggen, het oordeelkundig beheer en het uitbreiden van een roerend en onroer-end vermogen
  22. De aankoop, verkoop en ruiling, het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, participaties, obligaties, fondsen en van alle roerende goederen en rechten
  23. Productie, opslag en outsourcing in de meest uitgebreide zin
  24. Import, export, groothandel, kleinhandel, verhuring, aan- en verkoop van alle soorten goederen, producten en materialen, in eigen naam, voor derden of als commissionair
  25. Het maken van alle studies, de organisatie van en het geven van adviezen inzake handels-, financiële, administratieve, technische, bedrijfsorganisatorische of andere aangelegenheden en er het beheer en de controle van doen
  26. De voorbereiding, de opstelling en het afsluiten, zowel als mandataris als voor eigen rekening, van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden
  27. Het samenwerken met andere ondernemingen, het deelnemen in of belangen nemen in alle soorten ondernemingen, vennootschappen of organisaties
  28. Het aangaan van kredieten, leningen en alle soorten verbintenissen
  29. Het verstrekken van kredieten en alle soorten geldleningen in gelijk welke vorm
  30. De vennootschap mag zowel tot waarborg van eigen verbintenissen of van verbintenissen van derden zich borg stellen of zakelijke zekerheden verlenen of haar goederen, tegoeden of handelszaak in hypotheek of in pand geven ten voordele van andere ondernemingen of particulieren
  31. De vennootschap mag in België en in het buitenland alle roerende en onroerende, commerciële, industriële en financiële handelingen stellen, die rechtstreeks of onrechtstreeks verband houden met haar voorwerp
deed of 19-09-2024 (in Dutch)

Invoicing and payment

VAT number BE 0871.731.971
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0871731971
Other Peppol ID 9925:BE0871731971
Registered 06-02-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0871.731.971

Financial year and general meeting

Accounts at the NBB
Financial year end 30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“De jaarvergadering zal gehouden worden op vijftien maart om zeventien uur. Indien deze dag een wettelijke feestdag is, heeft de…”
deed of 19-09-2024 (in Dutch)

Recognitions · licences · registrations

Dual-learning approval

2 live approvals · 3 ended
Elektrische installaties duaal (so)
approved · 2025 to 2030
Elektrotechnisch installateur (vwo)
approved · 2025 to 2030
Show 3 ended approvals
Elektrische installaties duaal (so)
ended · 2020 to 2025
Elektrotechnisch installateur (vwo)
ended · 2020 to 2025
Installateur gebouwenautomatisering duaal (so)
ended · 2020 to 2025

Licences in the Official Gazette

2 publications · 2 kinds
Security firm approval (camera systems)
Granted · decision 26-01-2026 · published on 24-04-2026 · Official Gazette
Security firm approval (alarm systems)number 20 1679 08
Renewed · decision 12-04-2016 · published on 19-10-2016 · Official Gazette

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
84 m²
Building footprint
84 m²
Building volume
671 m³
Cadastral parcel Region Area Buildings Height / floors
12035E0475/00M005 Flanders 84 m² 1 · 84 m² 12.1 m · 3