STANDELEC
ActiveSummary
STANDELEC has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €639,127. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 54% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 17-09-1996 Normal situation
- Activity
- General electrical installation work NACE 43211
- Joint committee
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2025
- Establishment unit
- 2.079.454.623 8520 Kuurne, since 12-12-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Board and ownership
- Wim Vanden AbeeleManaging director
- AQU INVESTDirector · since 16-11-2023 · permanent representative Tim Vanooteghem
- ILUMEDirector · since 16-11-2023 · permanent representative Peter Druart
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €2.0m
- ▲ 16.2%
- Turnover
- ≈ €5.6m
- estimated
- Profit
- €639,127
- ▲ 23.1%
- Equity
- €1.7m
- ▼ 19.0%
- Total assets
- €3.8m
- ▲ 13.3%
- Employees on 31-12-2025
- 11
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1996Liquidity: current ratio 1.38, cash €829,275Size: 11 FTE, total assets €3.8mShow the evidence
Checked score
Fewer than 1 in 1,000 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, small). It does better than 61% of them on solvency, 75% on liquidity, 90% on profitability and 12% on growth.
The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 35 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
- Positive: Higher net result than 87% of companies in specialised constructionsector median €42,866 · 2,446 companies €639,127 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 5 profitable years in a rowprofit 2025: €639,127 5 years View
Recent changes
- · Gazette deed Resignations: VANDEN ABEELE Yvon Roland (director) and WAELKENS Christiane Maria Martha (director)
- · Gazette deed 2 directors appointedAppointments: BV ILUME (director) and BV AQU INVEST (director) · Permanent representatives: Peter Druart and Tim Vanooteghem
- · Gazette deed 1 director appointed, 2 directors resigning, 3 reappointedResignation: Luc Abbeloos (director) · Appointment: Yvon Vanden Abeele (director) · Reappointments: Wim Vanden Abeele (director) and Christiane Waelkens (director)
Comparable companies
These companies have the same main activity as STANDELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €2.9m and €5.1m, founded between 1988 and 2002.
| Company | Total assets | Gross margin |
|---|---|---|
| STANDELEC Kuurne | €3.8m | €2.0m |
| UTEL Aalst | €3.6m | €1.7m |
| GLOBAL NEW AUTOMATION Kasterlee | €3.3m | €1.8m |
| ELECTRICITEITSWERKEN DESERRANNO Oostkamp | €5.1m | €1.5m |
| DELEKTRO Roeselare | €2.9m | €1.3m |
| VARDA Antwerpen | €3.2m | €1.8m |
| ELECTRO WIJNANTS Sint-Truiden | €3.7m | €1.3m |
Key facts about STANDELEC
- What is the company number of STANDELEC?
- The company number of STANDELEC is 0458.803.862. The VAT number is the same number with BE in front: BE 0458.803.862.
- Where is STANDELEC based?
- The registered office is at Noordlaan 5, 8520 Kuurne.Company details
- What does STANDELEC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of STANDELEC?
- The legal form of STANDELEC is Public limited company (NV).
- When was STANDELEC founded?
- STANDELEC was founded on 17-09-1996.
- Is STANDELEC still active?
- Yes, STANDELEC is an active enterprise in the KBO register.
- How many employees does STANDELEC have?
- STANDELEC had an average of 11 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does STANDELEC fall under?
- In its 2025 annual accounts, STANDELEC states joint committee 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
- What is the turnover of STANDELEC?
- The turnover in financial year 2025 is ≈ €5.6m. This figure is estimated from the gross margin of €2.0m and 31 comparable companies (NACE 432). It probably lies between €4.3m and €6.9m.
- Is STANDELEC profitable?
- In financial year 2025, STANDELEC made a profit of €639,127.
- Where can I find the annual accounts of STANDELEC?
- STANDELEC filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STANDELEC due?
- STANDELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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