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Complete company report
Generated 23-07-2026
Active BE 1000.841.545Private limited company

S-ELECT

Geitenbladlaan 10 ·1200 Sint-Lambrechts-Woluwe, Belgium· 2 yrs active
Sector: Specialised construction (43211)
Conclusion Checked

The computed 12-month bankruptcy probability of S-ELECT is 6.6% (elevated). The 2024 annual accounts show equity of €162 and a net result of €-4k. Its solvency ranks better than 10% of 11063 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €162
Net result €-4k
Better than sector 10%
Active 2 yrs
Snowflake analysis 5 axes · computed by Checked
Health15Profitability0Solvency10Growth58Stability82
33 / 100

Fragile profile, watch profitability in particular.

Health 15
Profitability 0
Solvency 10
Growth 58
Stability 82
Bankruptcy probability (12 mo) Checked model v1 · free
6.6% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
15 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 15-09-2025 with the NBB · fiscal year 2024 · micro
€-15k€-10k€-5k€0Operating result 2023: €-10k€-10kNet result 2023: €-10k€-10kOperating result 2024: €-4k€-4kNet result 2024: €-4k€-4k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 0.6% 40.9%
better than 10% of 11063 sector peers
Net result €-4k €11k
better than 14% of 11045 sector peers
Equity €162 €34k
better than 9% of 11066 sector peers
Gross operating margin €-3k €35k
better than 6% of 11036 sector peers
Total assets €28k €93k
better than 13% of 11063 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-4k
+65.5% far below sector median
Net profit
€-4k
+56.9% far below sector median
Cash flow
€-4k
+64.2% far below sector median
Total assets
€28k
+63.9% -99% vs sector
Equity
€162
-96.5% -100% vs sector
Working capital
€-1k
- far below sector median
Income taxes
€128
- -100% vs sector
Debt
€28k
+124.4% -99% vs sector
Debt ≤ 1y
€28k
+124.4% -99% vs sector
Current ratio
0.95
-20.0% -57% vs sector
Quick ratio
0.95
-20.0% -37% vs sector
Solvency
0.6%
-97.9% -99% vs sector
Debt / equity
169.89
+6302.6% far above sector median
ROE
-2753.7%
-1130.1% far below sector median
ROA
-16.1%
+73.7% far below sector median
Interest coverage
-166.81
+38.6% far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-4k
Net profit€-4k
Cash flow€-4k
Staff costs-
Income taxes€128
Dividends-
Total assets€28k
Equity€162
Debt€28k
of which ≤ 1y€28k
of which > 1y-
Working capital€-1k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.95
Quick ratio0.95
Working capital ratio-4.7%
Solvency0.6%
Debt / equity169.89
Long-term debt ratio-
Interest coverage-166.81
Gross margin-
Net margin-
ROA-16.1%
ROE-2753.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€28k
Fixed assets 21/28€1k
Tangible fixed assets 22/27€1k
Current assets 29/58€26k
Amounts receivable within one year 40/41€19k
Cash & bank 54/58€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€28k
Equity 10/15€162
Contributions / capital 10/11€15k
Accumulated profits (losses) 14€-15k
Amounts payable 17/49€28k
Amounts payable within one year 42/48€28k
Trade debts payable within one year 44€9k
Income statement
Gross operating margin 9900€-3k
Operating result 9901€-4k
Financial charges 65€21
Result before taxes 9903€-4k
Income taxes 67/77€128
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
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Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43211)
Legal form Private limited company(610)
Incorporation05-10-2023
StatusActive
Postal code1200
Establishment units 1 location
S-ELECT
Geitenbladlaan 10, 1200 Sint-Lambrechts-WoluweAlgemene elektrotechnische installatiewerken
since 20232.351.146.178
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21018B0188/00G003 Brussels 285 m² 1 · 64 m² 8.1 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
15-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
12-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Ondersteunende activiteiten in verband met de teelt van gewassen01610Ondersteunende activiteiten in verband met de teelt van gewassen01610Elektrotechnische installatiewerken, uitgezonderd aan gebouwen43212Elektrotechnische installatiewerken van nijverheidsinrichtingen43212Overige gespecialiseerde bouwactiviteiten, neg43990Restaureren van bouwwerken43995Landschapsverzorging81300Landschapsverzorging81300
Primary activity highlighted.
Names & trade names
Legal nameFR S-ELECT
Registered office
Geitenbladlaan 10
1200 Sint-Lambrechts-Woluwe, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative