PETER MOREELS
ActiveFrom the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of PETER MOREELS is 2.5% (moderate). The 2025 annual accounts show equity of €21,848 and a net result of -€7,223. Equity has been shrinking by about 2.6% per year since 2018. Its solvency ranks better than 29% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 04-02-2010 Normal situation
- Legal form
- Private limited company (pre-2019)
- Registered office
- Stationsstraat(Kor) 15, 8500 Kortrijk
- Activity
- General electrical installation work NACE 43211and 1 other
- Establishment unit
- 2.185.093.561 8500 Kortrijk, since 04-02-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 22-10-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.5%
- Gross margin
- -€404
- ▲ 94.9%
- Loss
- €7,223
- ▼ 39.4%
- Equity
- €21,848
- ▼ 24.8%
- Total assets
- €79,260
- ▲ 89.0%
- Staff
- ≈ 0 FTE
- estimated
Score breakdownraises risk1 change of registered office in 24 monthsLoss of €7,223, the second in a row (financial year 2025)Liquidity: current ratio 1.36, cash €32, halvedSector: Specialised construction activities (NACE 43)Show the evidence
Checked score
About 2 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 29% of them on solvency, 11% on liquidity, 11% on profitability and 16% on growth.
The bankruptcy probability was computed on 31-10-2026 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 47 days before 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
- Caution: Lower net result than 86% of companies in specialised constructionsector median €10,227 · 34,889 companies -€7,223 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€7,223 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 31-07-2026
- Annual accounts 2024filed on 30-06-2025
- Annual accounts 2023filed on 31-05-2024
- Annual accounts 2022filed on 02-06-2023
Acts in the Belgian Official Gazette
- Registered officeact of 09-04-2026
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0822.929.192
Key facts about PETER MOREELS
- What is the company number of PETER MOREELS?
- The company number of PETER MOREELS is 0822.929.192. The VAT number is the same number with BE in front: BE 0822.929.192.
- Where is PETER MOREELS based?
- The registered office is at Stationsstraat(Kor) 15, 8500 Kortrijk.Company details
- What does PETER MOREELS do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of PETER MOREELS?
- The legal form of PETER MOREELS is Private limited company (pre-2019) (BVBA).
- When was PETER MOREELS founded?
- PETER MOREELS was founded on 04-02-2010.
- Is PETER MOREELS still active?
- Yes, PETER MOREELS is an active enterprise in the KBO register.
- What is the turnover of PETER MOREELS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PETER MOREELS profitable?
- In financial year 2025, PETER MOREELS made a loss of €7,223.
- Where can I find the annual accounts of PETER MOREELS?
- PETER MOREELS filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of PETER MOREELS due?
- PETER MOREELS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as PETER MOREELS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €70,000 and €87,400, founded between 2007 and 2011.
| Company | Total assets | Gross margin |
|---|---|---|
| PETER MOREELS Kortrijk | €79,260 | -€404 |
| ANTI FIRE SYSTEMS Roeselare | €77,421 | -€19,928 |
| LD-SIGN Kortrijk | €87,448 | -€5,529 |
| YASCOM Elsene | €71,246 | -€28,647 |
| PRIKKEN ELECTRO Maaseik | €71,325 | -€10,619 |
| CREALEC Lier | €76,238 | -€19,101 |
| GLP Electro Services Sint-Niklaas | €70,030 | -€606 |
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