NOELEC
ActiveNOELEC has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €798k and a net result of €51k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 93% of 11195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▲+26
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 15.43 against 4.88 in 2024), and 6.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
93.5%
Return on assets
5.9%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
25 d late
2023
57 d early
2022
35 d early
2021
54 d early
2020
31 d late
2019
30 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€51k▲ 444%
2024 · €9k
2018: €61k
2019: €51k
2020: €115k
2021: €198k
2022: €73k
2023: €22k
2024: €9k
2018 → 2025
Working capital
€794k▲ 7.0%
2024 · €742k
2018: €632k
2019: €238k
2020: €433k
2021: €634k
2022: €710k
2023: €732k
2024: €742k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€642k-€716k▲ 11.4%€738k▲ 3.1%€747k▲ 1.3%€798k▲ 6.8%
Operating result€280k-€100k▼ 64.4%€21k▼ 78.5%€-11k€64k
Net result€198k-€73k▼ 63.1%€22k▼ 69.8%€9k▼ 57.9%€51k▲ 444%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €64k after a loss of €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €853k
Fixed assets
€4k▼ 20.7%
Current assets
€849k▼ 9.1%
Equity and liabilities €853k
Equity
€798k▲ 6.8%
Debt
€55k▼ 71.2%
The debt ratio falls from 20.4% to 6.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€65k▲
2024 · €-10k
Cash flow
€52k▲
2024 · €10k
Solvency
93.5%▲
2024 · 79.6%
Current ratio
15.43▲
2024 · 4.88
Quick ratio
14.82▲
2024 · 4.81
Debt / equity
0.07▼
2024 · 0.26
ROE
6.3%▲
2024 · 1.2%
ROA
5.9%▲
2024 · 1.0%
Interest coverage
115.72▲
2024 · -17.88
Debt
€55k▼
2024 · €191k
Debt ≤ 1 year
€55k▼
2024 · €191k
Income taxes
€24k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€938k€853k▼
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€4k▼
Land and buildings22€3k€3k=
Plant, machinery and equipment23€279€5▼
Furniture and vehicles24€1k€342▼
Current assets29/58€933k€849k▼
Stocks and contracts in progress3€14k€34k▲
Stocks30/36€14k€34k▲
Amounts receivable within one year40/41€36k€31k▼
Trade receivables40€12k€6k▼
Other amounts receivable41€25k€25k▲
Current investments50/53€630k€328k▼
Cash at bank and in hand54/58€248k€454k▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€938k€853k▼
Equity10/15€747k€798k▲
Contributions10/11€12k€12k=
Reserves13€665k€716k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€663k€716k▲
Profit (loss) carried forward14€70k€70k=
Amounts payable17/49€191k€55k▼
Amounts payable within one year42/48€191k€55k▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▲
Other amounts payable47/48€181k€46k▼
Accrued charges and deferred income492/3€24€31▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1,000▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€-6k€68k▲
Operating profit (loss)9901€-11k€64k▲
Financial income75/76B€24k€12k▼
Recurring financial income75€24k€12k▼
Financial charges65/66B€537€559▲
Recurring financial charges65€537€559▲
Profit (loss) for the period before taxes9903€13k€75k▲
Income taxes67/77€4k€24k▲
Profit (loss) for the period9904€9k€51k▲
Profit (loss) for the period to be appropriated9905€9k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€79k€120k▲
Profit (loss) brought forward from the previous period14P€70k€70k=
Transfer to equity691/2€9k€51k▲
To other reserves6921€9k€51k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 15.43
Current ratio from 4.88 to 15.43; short-term debt falls from €191k to €55k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €9k ▼57.9%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 5.20
Current ratio from 2.47 to 5.20; short-term debt falls from €431k to €169k.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €198k ▲72%
Operating result €280k, net result €198k, both a record.
31-12
Financial
Equity above €500kEq €642k ▲44.7%
4 profitable years in a row build equity to €642k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Huy · 1 establishment unit since 1993
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.
Thier de Falise 154500 HuyGround area
4,369 m²
Building footprint
162 m²
Volume, LiDAR
827 m³
Parcel 61322A0506/00H000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Thier de Falise 15, 4500 Huy
since 19932.102.921.594
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61322A0506/00H000 | Wallonia | 4,369 m² | 1 · 162 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
WIJHUIS INGENIEURS BUREAU
BE 0430.726.619
Baarle-Hertog · Eq €796k
ARD'ELEC
BE 0888.094.287
Libramont-Chevigny · Eq €795k
TECHNOLEC
BE 0474.770.557
Temse · Eq €801k
ETABLISSEMENTS NICOLAY
BE 0433.064.517
Mont-Saint-Guibert · Eq €802k
Etablissements Abel Falisse
BE 0402.398.659
Awans · Eq €805k
Of 1,238 companies in sector 46643 we hold annual accounts for 945. 695 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-1993
Fiscal year end31-12
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.