MANELEC
ActiveSummary
The computed 12-month bankruptcy probability of MANELEC is 2.7% (moderate). The 2025 annual accounts show negative equity (-€63,290) and a net result of -€27,697. Equity has been shrinking by about 47% per year since 2018. Its solvency ranks better than 5% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 09-07-1982 Normal situation
- Activity
- General electrical installation work NACE 43211and 1 other
- Establishment unit
- 2.021.258.482 4432 Ans, since 01-08-1982
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.7%
- Gross margin
- -€10,168
- ▼ 74.4%
- Loss
- €27,697
- ▲ 17.0%
- Equity
- -€63,290
- ▼ 77.8%
- Total assets
- €66,220
- ▼ 16.4%
- Negative equity on 31-12-2025
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Loss of €27,697, the second in a row (financial year 2025)Negative equity -€63,290lowers riskSize: total assets €66,220Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 3% of them on solvency, 2% on liquidity, 4% on profitability and 5% 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).
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Signals
The company filed its last 7 accounts on average 82 days after 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)
Key points
Comparable companies
These companies have the same main activity as MANELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €53,500 and €80,500, founded between 1978 and 1987.
| Company | Total assets | Gross margin |
|---|---|---|
| MANELEC Awans | €66,220 | -€10,168 |
| OBSIS BUSINESS SOFTWARE INFORMATION SOLUTIONS Charleroi | €72,781 | -€163 |
| ELECTRO - DENIS Bouillon | €67,918 | -€656 |
| SOTRADIN Enghien | €78,855 | -€65 |
| L.P.H. Destelbergen | €57,832 | €391 |
| Entreprises J.C. BIRTI Anderlecht | €53,501 | -€135 |
| SCHEIRS CARLOS Berlare | €80,481 | €208 |
Key facts about MANELEC
- What is the company number of MANELEC?
- The company number of MANELEC is 0423.002.647. The VAT number is the same number with BE in front: BE 0423.002.647.
- Where is MANELEC based?
- The registered office is at Rue de la Chaudronnerie 4, 4340 Awans.Company details
- What does MANELEC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of MANELEC?
- The legal form of MANELEC is Private limited company (pre-2019) (BVBA).
- When was MANELEC founded?
- MANELEC was founded on 09-07-1982.
- Is MANELEC still active?
- Yes, MANELEC is an active enterprise in the KBO register.
- What is the turnover of MANELEC?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MANELEC profitable?
- In financial year 2025, MANELEC made a loss of €27,697.
- Where can I find the annual accounts of MANELEC?
- MANELEC filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MANELEC due?
- MANELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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