Equity
€45,743 from €87,269 in 2024
Equity fell by 48% in 1 year.
ORELEC
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €162,613 (2023)
€98,063▼ 19.4%
lowest -€41,526 (2025)
-€41,526▼ €52,655
peak €87,269 (2024)
€45,743▼ 47.6%
€69,496▲ 40.2%
peak 2.7 FTE (2020)
2.5 FTEunchanged
Board1 name since 2021
1 director
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from €121,638 to €98,063Loss of €41,526Change of role: , from manager to director 11-06Equity from €87,269 to €45,743Debts from €49,557 to €69,496Investments €23,427
Key points
from the 2025 annual accountsResult
-€41,526 -€41,526
From profit to loss in 2025, after a profit of €11,129 in 2024.
Turnover
≈ €360,000 estimated
The accounts state no turnover.
Investments
€23,427 3.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 720.6% higher than in 2024.
Liquidity
1.13 was 2.34 in 2024
Short-term debts rose from €49,549 to €69,496.
Position in the sector
-€41,526
Lower net result than 91% of companies in specialised construction. Sector median €38,620 · 9,269 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,843 companies had the same profile as ORELEC has now. Each dot stands for 15 companies, two years later.
84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,843 companies, not a prediction for ORELEC. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452812925
Change of role: , from manager to director
“Tous travaux et installations en matière d’électricité,éclairage,force motrice,téléphonie,alarme,sécurité…” (deed in French) · General meeting of 04-06-2025 · Gazette deed
Registered office moved from Ressaix to Saint-Symphorien
New registered office: 194 Chaussée Roi Baudouin 7030 Saint-Symphorien · Previous registered office: 99 Rue de Namur à 7134 RESSAIX · General meeting of 23-09-2016 · Gazette deed
First establishment
Chaussée du Roi Baudouin 194, Mons
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ORELEC Mons | €115,239 | €98,063 | 39.7% | 2.5 |
| VAN REMOORTERE Sint-Gillis-Waas | €150,944 | €124,078 | 79.2% | 1.4 |
| Wilfred.Works Antwerp | €180,180 | €171,118 | 10.7% | 2.7 |
| WOLLESSE PATRICK, TECHNIQUES ELECTRIQUES Wavre | €79,240 | €67,586 | 57.0% | 1.5 |
| FAILSAFE SECURITY TEAM Antwerp | €133,323 | €197,308 | 61.1% | 1.9 |
| V-LIFT Kasterlee | €100,780 | €90,735 | 76.0% | 1.2 |
| ELEKTRO GUY VAN LOOVEREN Malle | €166,646 | €80,041 | 92.6% | 1 |
These companies have the same main activity as ORELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €79,200 and €180,000, founded between 1986 and 2005.
Official details
Source: KBO- Status
- Active since 08-06-1994Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.067.426.1287030 Mons, since 01-07-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Annual accounts 2025
- €115,239▼ 15.8%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on ORELEC
ORELEC files the abbreviated format. That format states no turnover. The gross margin rose from €32,611 in 2006 to €98,063 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ORELEC
- What is the company number of ORELEC?
- The company number of ORELEC is 0452.812.925. The VAT number is the same number with BE in front: BE 0452.812.925.
- Where is ORELEC based?
- The registered office is at Chaussée du Roi Baudouin 194, 7030 Mons.Company details
- What does ORELEC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ORELEC?
- ORELEC is a private limited company (BV).
- When was ORELEC founded?
- ORELEC was founded on 08-06-1994.
- Is ORELEC still active?
- Yes, ORELEC is an active enterprise in the KBO register.
- How many employees does ORELEC have?
- ORELEC had an average of 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ORELEC?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €98,063 and 52 comparable companies (NACE 43211). It probably lies between €240,000 and €540,000.
- Is ORELEC profitable?
- In financial year 2025, ORELEC made a loss of €41,526.
- Where can I find the annual accounts of ORELEC?
- ORELEC filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ORELEC due?
- ORELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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