Debts
€20,444 93% of the balance sheet
Suppliers 14%Taxes and wages 4%Other 82%
S-ELECT
Lifetime
3 annual accounts with figures on one time axispeak €2,618 (2025)
€2,618▲ €6,100
lowest -€10,368 (2023)
€1,278▲ €5,747
peak €4,632 (2023)
€1,440▲ 787%
€20,444▼ 25.9%
Board1 name since 2023
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€3,481 to €2,618Back to profit: €1,278Equity from €162 to €1,440Debts from €27,574 to €20,444Cash from €7,494 to €16,266
Key points
from the 2025 annual accountsFilings
3 annual accounts 3 late
The 2024 accounts came latest: 46 days after the end of the period.
Position in the sector
€1,440
Less equity than 90% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,156 companies had the same profile as S-ELECT has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 2,156 companies, not a prediction for S-ELECT. 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.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1000841545
Incorporation
Founding capital of €15,000, 1,000 shares · Founder: · Appointment: (director) · published on 09-10-2023 · Gazette deed
First establishment
Geitenbladlaan 10, Woluwe-Saint-Lambert
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| S-ELECT Woluwe-Saint-Lambert | - | - | 6.6% | - |
| KSN-INVEST Saint-Nicolas | €5,000 | 37.0% | 76.3% | - |
| NANO ELEC Woluwe-Saint-Lambert | - | - | 17.9% | - |
| ALA CONSTRUCTION Anderlecht | €57,364 | 1.5% | 44.9% | - |
| CGeS Esneux | - | - | 5.7% | - |
| Penez Technics Waregem | - | - | -25.9% | - |
| PHILIP VANSPEYBROUCK Tienen | - | - | 65.0% | - |
These companies have the same main activity as S-ELECT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €15,800 and €27,800, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 05-10-2023Normal situation
- Activity
- General electrical installation workNACE 43211and 4 others
- Establishment unit
- 2.351.146.1781200 Woluwe-Saint-Lambert, since 05-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 09-09-2025
Insights on S-ELECT
S-ELECT files the micro format. That format states no turnover. The gross margin rose from -€10,162 in 2023 to €2,618 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 S-ELECT
- What is the company number of S-ELECT?
- The company number of S-ELECT is 1000.841.545. The VAT number is the same number with BE in front: BE 1000.841.545.
- Where is S-ELECT based?
- The registered office is at Geitenbladlaan 10, 1200 Woluwe-Saint-Lambert.Company details
- What does S-ELECT do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of S-ELECT?
- S-ELECT is a private limited company (BV).
- When was S-ELECT founded?
- S-ELECT was founded on 05-10-2023.
- Is S-ELECT still active?
- Yes, S-ELECT is an active enterprise in the KBO register.
- What is the turnover of S-ELECT?
- The turnover in financial year 2025 is ≈ €21,000. This figure is estimated from the gross margin of €2,618 and 97 comparable companies (NACE 43211). It probably lies between €14,000 and €45,000. It is a rough estimate.Financials
- Is S-ELECT profitable?
- In financial year 2025, S-ELECT made a profit of €1,278.
- Where can I find the annual accounts of S-ELECT?
- S-ELECT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of S-ELECT due?
- S-ELECT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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