SOBELEC
ActiveSummary
The computed 12-month bankruptcy probability of SOBELEC is 1.8% (moderate). The 2025 annual accounts show negative equity (-€6,077) and a net result of -€6,885. Equity is shrinking by ~47% per year across the filed fiscal years. Its solvency ranks better than 7% of 28184 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency5▼-23
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 7.27 against 16.83 in 2024; short-term debt: 13.7% and cash: 58.7% of total assets), but equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-19.7%
Return on assets
-22.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€6,077
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
49 d late
2024
29 d late
2023
on the day
2022
31 d late
2021
26 d late
2020
61 d late
2019
145 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€6,077
2024 · €807
Total assets
€30,914▲ 15.1%
2024 · €26,857
Net result
-€6,885▲ 43.8%
2024 · -€12,250
Working capital
€26,638▲ 6.3%
2024 · €25,052
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€19,485▼ 19.2%-€17,191▲ 11.8%-€12,057▲ 29.9%-€11,640▲ 3.5%-€6,660▲ 42.8%
Net result-€19,667▼ 18.9%-€17,327▲ 11.9%-€12,202▲ 29.6%-€12,250▼ 0.4%-€6,885▲ 43.8%
Equity€42,586▼ 31.6%€25,259▼ 40.7%€13,057▼ 48.3%€807▼ 93.8%-€6,077
Total assets€73,160▼ 15.2%€62,274▼ 14.9%€40,923▼ 34.3%€26,857▼ 34.4%€30,914▲ 15.1%
Debt€30,574▲ 27.2%€37,015▲ 21.1%€27,866▼ 24.7%€26,050▼ 6.5%€36,992▲ 42.0%
Working capital€42,113▼ 31.4%€24,851▼ 41.0%€12,820▼ 48.4%€25,052▲ 95.4%€26,638▲ 6.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,660 in 2025 against €11,640 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30,914
Fixed assets
€27 ▼ 87.9%
Current assets
€30,887 ▲ 16.0%
Key figures and ratios
EBITDA
-€6,464▲
2024 · -€11,242
Cash flow
-€6,688▲
2024 · -€11,852
Solvency
-19.7%▼
2024 · 3.0%
Current ratio
7.27▼
2024 · 16.83
Quick ratio
6.37▼
2024 · 14.41
Debt to equity
-6.09
ROA
-22.3%▲
2024 · -45.6%
Interest coverage
-28.80▼
2024 · -18.43
Debt ≤ 1 year
€4,249▲
2024 · €1,582
Debt > 1 year
€32,742▲
2024 · €24,068
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,943 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €250 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €469 | €671 | €376 | €399 | €196 | ▼ 50.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €4,960 | - | - |
| Other operating charges640/8 | €1,085 | €491 | €741 | €399 | €400 | ▲ 0.1% |
| Gross operating margin9900 | -€17,931 | -€16,029 | -€10,940 | -€5,883 | -€6,064 | ▼ 3.1% |
| Operating profit (loss)9901 | -€19,485 | -€17,191 | -€12,057 | -€11,640 | -€6,660 | ▲ 42.8% |
| Financial income75/76B | €18 | - | - | - | - | - |
| Recurring financial income75 | €18 | - | - | - | - | - |
| Financial charges65/66B | €83 | €136 | €145 | €610 | €224 | ▼ 63.2% |
| Recurring financial charges65 | €83 | €136 | €145 | €610 | €224 | ▼ 63.2% |
| Profit (loss) for the period before taxes9903 | -€19,550 | -€17,327 | -€12,202 | -€12,250 | -€6,885 | ▲ 43.8% |
| Income taxes67/77 | €117 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€19,667 | -€17,327 | -€12,202 | -€12,250 | -€6,885 | ▲ 43.8% |
| Profit (loss) for the period to be appropriated9905 | -€19,667 | -€17,327 | -€12,202 | -€12,250 | -€6,885 | ▲ 43.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73,160 | €62,274 | €40,923 | €26,857 | €30,914 | ▲ 15.1% |
| Fixed assets21/28 | €473 | €408 | €622 | €223 | €27 | ▼ 87.9% |
| Tangible fixed assets22/27 | €473 | €408 | €622 | €223 | €27 | ▼ 87.9% |
| Furniture and vehicles24 | €473 | €408 | €622 | €223 | €27 | ▼ 87.9% |
| Current assets29/58 | €72,687 | €61,865 | €40,301 | €26,634 | €30,887 | ▲ 16.0% |
| Stocks and contracts in progress3 | €3,831 | €3,831 | €3,831 | €3,831 | €3,831 | = |
| Stocks30/36 | €3,831 | €3,831 | €3,831 | €3,831 | €3,831 | = |
| Amounts receivable within one year40/41 | €6,455 | €6,785 | €12,693 | €6,146 | €8,905 | ▲ 44.9% |
| Trade receivables40 | €4,960 | €4,960 | €10,675 | €5,804 | €8,191 | ▲ 41.1% |
| Other amounts receivable41 | €1,496 | €1,825 | €2,018 | €342 | €714 | ▲ 109% |
| Cash at bank and in hand54/58 | €62,302 | €51,249 | €23,762 | €16,657 | €18,151 | ▲ 9.0% |
| Deferred charges and accrued income490/1 | €98 | - | €16 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73,160 | €62,274 | €40,923 | €26,857 | €30,914 | ▲ 15.1% |
| Equity10/15 | €42,586 | €25,259 | €13,057 | €807 | -€6,077 | ▼ 853% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €22,126 | €4,799 | -€7,403 | -€19,653 | -€26,537 | ▼ 35.0% |
| Amounts payable17/49 | €30,574 | €37,015 | €27,866 | €26,050 | €36,992 | ▲ 42.0% |
| Amounts payable after more than one year17 | - | - | - | €24,068 | €32,742 | ▲ 36.0% |
| Other amounts payable178/9 | - | - | - | €24,068 | €32,742 | ▲ 36.0% |
| Amounts payable within one year42/48 | €30,574 | €37,015 | €27,481 | €1,582 | €4,249 | ▲ 169% |
| Trade debts44 | €1,855 | €3,738 | €4,623 | €1,227 | €4,249 | ▲ 246% |
| Suppliers440/4 | €1,855 | €3,738 | €4,623 | €1,227 | €4,249 | ▲ 246% |
| Taxes, remuneration and social security45 | €350 | €234 | - | €355 | - | - |
| Taxes450/3 | €350 | €234 | - | €355 | - | - |
| Other amounts payable47/48 | €28,369 | €33,043 | €22,859 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €384 | €399 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,667 | -€17,327 | -€12,202 | -€12,250 | -€6,885 | ▲ 43.8% |
| + Depreciation and write-downs630 | €469 | €671 | €376 | €399 | €196 | ▼ 50.7% |
| Operating cash flow (approximation) | -€19,198 | -€16,655 | -€11,826 | -€11,852 | -€6,688 | ▲ 43.6% |
| Investment in fixed assets (approximation) | - | -€607 | -€589 | €0 | €0 | - |
| Change in cash | - | -€11,053 | -€27,488 | -€7,105 | €1,494 | ▲ 121% |
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
Next filing, fiscal year 2026, expected by
2026
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Liquidity times 11current ratio 16.83
Current ratio from 1.47 to 16.83; short-term debt falls from €27,481 to €1,582.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2019
31-12
Financial
Weakest financial yearnet -€19,892
Net result drops to -€19,892, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Rebecq · 1 establishment unit since 2014
Ground area
1,200 m²
Building footprint
122 m²
Parcel 25007C0048/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SOBELEC
since 20142.240.253.008
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25007C0048/00P000 | Wallonia | 1,200 m² | 1 · 122 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 822 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 (pre-2019)
Founded24-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0568700904
Registered
21-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.