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MAES ELECTRIC SERVICES

Active
Private limited companyfounded 199432 yrs activeDavid Tenierslaan 5, 9051 Gent, BelgiumKBO/BCE: BE 0452.823.912

The file of MAES ELECTRIC SERVICES contains 3 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 0.5% (very low). The 2025 annual accounts show equity of €73,394 and a net result of €6,188. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 32341 sector peers (fiscal year 2025).

Overview

Activity
Electrical installation work in industrial facilities
NACE 43212General electrical installation work NACE 43211
1 site
Size
€460,365total assets 2025
Staff
3 FTE
Equity
€73,394
Profit
€6,188
Turnover not published (abridged schema)
Financial health
80 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Accounts filed 3 d late0 of 4 deeds read
Why 80- Sector Specialised construction activities (NACE 43)- Equity €73,394 (15.9% of total assets)+ Size: total assets €460,365+ Founded in 1994Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Better than 25% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 41+1
equity 15.9% of total assets
Liquidity 13-3
short-term debt 76.7% · cash 4.1%
Profitability 47+13
return on assets 1.3%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,046 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%▲ +2.6% vs 11-2024 01-2025: 1.1%▲ +36.6% vs 12-2024 02-2025: 1.4%▲ +30.7% vs 01-2025highest value 03-2025: 0.6%▼ -57.2% vs 02-2025 04-2025: 0.6%● 0.0% vs 03-2025 05-2025: 0.6%● 0.0% vs 04-2025 06-2025: 0.6%● 0.0% vs 05-2025 07-2025: 0.6%● 0.0% vs 06-2025 08-2025: 0.6%▲ +0.7% vs 07-2025 09-2025: 0.6%● 0.0% vs 08-2025 10-2025: 0.6%▲ +2.0% vs 09-2025 11-2025: 0.6%▼ -1.6% vs 10-2025 12-2025: 0.6%▼ -3.8% vs 11-2025 01-2026: 0.8%▲ +45.3% vs 12-2025 02-2026: 1.3%▲ +49.9% vs 01-2026 03-2026: 0.4%▼ -67.4% vs 02-2026lowest value 04-2026: 0.4%● 0.0% vs 03-2026lowest value 05-2026: 0.4%● 0.0% vs 04-2026lowest value 06-2026: 0.4%● 0.0% vs 05-2026lowest value 07-2026: 0.4%● 0.0% vs 06-2026lowest value 08-2026: 0.4%▲ +0.5% vs 07-2026 09-2026: 0.4%▲ +6.7% vs 08-2026 10-2026: 0.5%▲ +2.0% vs 09-2026
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Size: total assets €460,365 lowers the probability for this profile
  • Equity €73,394 (15.9% of total assets) raises the probability
  • Founded in 1994 lowers the probability for this profile
Credit up to €5,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.96 against 0.92 in 2024; short-term debt: 76.7% and cash: 4.1% of total assets), and 84.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 18%, liquidity 8%, profitability 22%, growth against the median 54%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €460,365
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Equity €73,394 (15.9% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1994
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 32341 sector peers (2025).
NBB · sector comparison
Position among 32341 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
3 d late
2024
on the day
2023
20 d early
2022
on the day
2021
287 d late
2020
40 d early
2019
22 d 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 30 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close03-10-2026 today31-01-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet €1,454 ▼97.2%

Key points

  • Caution: Among the weakest 19% on solvencysector median 47.2% · 32,341 companies 15.9% View
  • Positive: 7 profitable years in a rowprofit 2025: €6,188 7 years View
  • Active since 1994founded 21-06-1994 32 years View

By topic

Financials

Fiscal year
2025
Total assets
€460,365
Profit
€6,188
Solvency
15.9%
Turnover▼ 44.3%
Net result
20212024
Go to Financials

Timeline

Events
15
Since
2016
Next accounts
by 31-01-2027
  1. 03-02-2026Annual accounts filed
  2. 31-01-2025Annual accounts filed
  3. 30-06-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Electrical installation work in industrial facilitiesNACE 43212
Founded
21-06-1994
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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