PAREELEC
ActiveSummary
The computed 12-month bankruptcy probability of PAREELEC is 3.1% (moderate). The 2024 annual accounts show equity of €32k and a net result of €30k. Its solvency ranks better than 86% of 3550 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability100
Solvency99
Growth-
Track record79
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity ample (current ratio 3.59; short-term debt: 26.4% and cash: 0% of total assets), and 26.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
120 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€170k
EBIT margin
19.6%
Net result
€30k
Working capital
€30k
Balance-sheet composition
Assets €44k
Fixed assets
€2k
Current assets
€42k
Equity and liabilities €44k
Equity
€32k
Debt
€12k
Debt finances 26.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€36k
Cash flow
€33k
Current ratio
3.59
Debt to equity
0.36
ROE
93.8%
ROA
69.0%
Interest coverage
12.02
Debt ≤ 1 year
€12k
Annual accounts
| Line | 2024 |
|---|---|
| Turnover70 | €170k |
| Goods, raw materials, services and sundry goods60/61 | €132k |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k |
| Other operating charges640/8 | €1k |
| Gross operating margin9900 | €38k |
| Operating profit (loss)9901 | €33k |
| Financial charges65/66B | €3k |
| Recurring financial charges65 | €3k |
| Profit (loss) for the period before taxes9903 | €30k |
| Profit (loss) for the period9904 | €30k |
| Profit (loss) for the period to be appropriated9905 | €30k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €44k | |
| Fixed assets21/28 | €2k | |
| Tangible fixed assets22/27 | €2k | |
| Furniture and vehicles24 | €2k | |
| Current assets29/58 | €42k | |
| Amounts receivable within one year40/41 | €42k | |
| Trade receivables40 | €4k | |
| Other amounts receivable41 | €38k | |
| Cash at bank and in hand54/58 | €5 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €44k | |
| Equity10/15 | €32k | |
| Contributions10/11 | €2k | |
| Reserves13 | €2k | |
| Non-distributable reserves130/1 | €2k | |
| Reserves not available under the articles1311 | €2k | |
| Profit (loss) carried forward14 | €29k | |
| Amounts payable17/49 | €12k | |
| Amounts payable within one year42/48 | €12k | |
| Trade debts44 | €12k | |
| Suppliers440/4 | €12k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €30k |
| + Depreciation and write-downs630 | €3k |
| Operating cash flow (approximation) | €33k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 120 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Courcelles · 1 establishment unit since 2023
Ground area
148 m²
Building footprint
96 m²
Volume, LiDAR
751 m³
2 parcels, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PARELEC
since 20232.358.681.001
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52061C0227/00M000 | Wallonia | 78 m² | 1 · 48 m² | 10.4 m · 3 fl. |
| 52015B1143/00A000 | Wallonia | 70 m² | 1 · 48 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
STEF DE WITTE SERVICES
BE 1019.478.017
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VERVAET B. ELEKTRO
BE 0691.874.670
Beveren-Kruibeke-Zwijndrecht · Eq €32,349
BRU-ELEC-SERVICE
BE 0750.797.420
Pont-à-Celles · Eq €32,355
M-Electro
BE 0786.988.318
Heist-op-den-Berg · Eq €32,333
MATI-ONIS
BE 1010.868.177
Zaventem · Eq €32,323
Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,072 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
Contact
E-mail
pareelec@gmail.com
Phone
+32455171221
Scores and ratios are computed by Checked and are not a credit decision.