SEBAELEC

Active

Private limited companyfounded 2019active for 7 yearsChaussée de Viesville 132, 6041 Charleroi, BelgiumKBO/BCE: BE 0722.948.918

Summary

The computed 12-month bankruptcy probability of SEBAELEC is 11.7% (high). The annual accounts of SEBAELEC for financial year 2024 show a net loss of 71% of the equity at the start of that year. The 2024 annual accounts show equity of €1,674 and a net result of -€4,174. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 3,535 sector peers (NACE 43, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

SEBAELECActiveChecked score 29/100

Risk analysis Report Compare

Activity

General electrical installation work

NACE 43211

1 site

Size

€498,365turnover 2024

Staff: 3.3 FTE
Equity: €1,674
Loss: -€4,174

Financial health

29 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 11.7%

Structure

Accounts 85 days overdue0 of 2 deeds read

Why 29raises risk1 financial year not filed after the legal deadline; latest accounts 236 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 31-03-2026)Liquidity: current ratio 0.95Founded in 2019Show the evidence

Checked score

Score 2024

29 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 16% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 26-2

equity 1.2% of total assets

Liquidity 0=

short-term debt 97.9%

Profitability 30+30

return on assets -3.1%

Bankruptcy probability, 12 months

11.7% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)

Last 24 months 11-2024: 8.3% 12-2024: 8.3%● unchanged vs 11-2024 01-2025: 8.3%● unchanged vs 12-2024 02-2025: 8.3%● unchanged vs 01-2025 03-2025: 8.9%▲ +0.6 percentage points vs 02-2025 04-2025: 8.7%▼ -0.2 percentage points vs 03-2025 05-2025: 8.3%▼ -0.4 percentage points vs 04-2025 06-2025: 7.3%▼ -1.0 percentage point vs 05-2025 07-2025: 6.8%▼ -0.5 percentage points vs 06-2025lowest value 08-2025: 7.5%▲ +0.7 percentage points vs 07-2025 09-2025: 7.7%▲ +0.2 percentage points vs 08-2025 10-2025: 9.9%▲ +2.2 percentage points vs 09-2025 11-2025: 9.9%● unchanged vs 10-2025 12-2025: 11.2%▲ +1.3 percentage points vs 11-2025 01-2026: 13.9%▲ +2.7 percentage points vs 12-2025 02-2026: 13.9%● unchanged vs 01-2026 03-2026: 14.1%▲ +0.2 percentage points vs 02-2026highest value 04-2026: 9.2%▼ -4.9 percentage points vs 03-2026 05-2026: 9.2%● unchanged vs 04-2026 06-2026: 8.7%▼ -0.5 percentage points vs 05-2026 07-2026: 8.2%▼ -0.5 percentage points vs 06-2026 08-2026: 9.0%▲ +0.8 percentage points vs 07-2026 09-2026: 9.3%▲ +0.3 percentage points vs 08-2026 10-2026: 11.7%▲ +2.4 percentage points vs 09-2026

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity insufficient (current ratio 0.95, compared with 0.98 in 2023, below 1; short-term debt: 97.9% of total assets), and 98.8% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 9% on solvency, 1% on liquidity, 16% on profitability and 40% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Eight signals.

raises risk

1 financial year not filed after the legal deadline; latest accounts 236 days late; 3 of the last 3 late

NBB · filings

Figures for financial year 2024 (filed 31-03-2026)

NBB · annual accounts

Liquidity: current ratio 0.95

NBB · annual accounts

Founded in 2019

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

192021222324

2019 to 2024 · latest year -€4,174

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 3535 sector peers (2024).

NBB · sector comparison

Position among 3535 sector peers

Solvency

better than 8%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.

NBB · 6 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline24-10-2026 today

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 24-03-2026, 236 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 6 filings

Deviation from the deadline

2025

not filed

2024

236 days late

2023

90 days late

2022

64 days late

2021

87 days late

2020

88 days late

2019

122 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 115 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

24-03-2026 Annual accounts filedfinancial year 2024 · full…
29-10-2024 Annual accounts filedfinancial year 2023 · full…
31-12-2023 Weakest financial yearnet -€63,849

Key points

Positive: Result rose in 2024from -€63,849 to -€4,174 ▲ 93.5% View
Caution: Among the weakest 8% on equitysector median €286,335 · 3,535 companies €1,674 View
Caution: Accounts not fileddeadline was 31-07-2026 85 days late View
Caution: 2 loss-making years in a rowloss financial year 2024 -€4,174 View

By topic

Financials

Financial year: 2024
Turnover: €498,365
Loss: -€4,174
Solvency: 1.2%

Turnover▲ 22.7%

Net result

20192024

Go to Financials

Timeline

Events: 8
Since: 2020

03-10-2023Annual accounts filed
26-10-2022Annual accounts filed
27-10-2021Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General electrical installation workNACE 43211
Founded: 20-03-2019
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about SEBAELEC

What is the company number of SEBAELEC?: 0722.948.918. In Belgium the VAT number is the company number with BE in front: BE 0722.948.918.
Where is SEBAELEC based?: The registered office is at Chaussée de Viesville 132, 6041 Charleroi.Company details
What does SEBAELEC do?: According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of SEBAELEC?: Private limited company (BV).
When was SEBAELEC founded?: On 20-03-2019.
Is SEBAELEC still active?: Yes, SEBAELEC is an active enterprise in the KBO register.
How many employees does SEBAELEC have?: On average 3.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of SEBAELEC?: €498,365 in financial year 2024, according to the filed annual accounts.
Is SEBAELEC profitable?: In financial year 2024, SEBAELEC made a loss of €4,174.
Where can I find the annual accounts of SEBAELEC?: SEBAELEC filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.