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STEEL - ELEC

Active
Public limited companyfounded 1994active for 32 yearsAvenue du Hoyoux 5, 4500 Huy, BelgiumKBO/BCE: BE 0452.221.225
Summary

STEEL - ELEC has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €148,724. Equity has been growing by about 8.7% per year since 2018. Its solvency ranks better than 85% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-04-1994 Normal situation
Activity
Agents in the wholesale of industrial machinery, ships and aircraft NACE 46140and 1 other
Joint committees
149.04 Paritair Subcomité voor de metaalhandel
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.066.372.192 4500 Huy, since 11-10-1995
Financial year end
31 December
Peppol
Reachable since 09-10-2025

Board and ownership

Board

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€463,789
▼ 7.3%
Turnover
≈ €2.4m
estimated
Profit
€148,724
▼ 0.2%
Equity
€1.4m
▲ 11.6%
Total assets
€1.8m
▼ 5.6%
Employees on 31-12-2025
6
=
  • 2025 accounts filed 41 days after the deadline
Score breakdownraises riskLast filed accounts filed 41 days late; 1 of the last 3 accounts latelowers riskFounded in 1994Equity €1.4m (80.3% of total assets)Size: 3.6 FTE, total assets €1.8mShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 73% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100+7
equity 80.3% of total assets
Liquidity 58-8
short-term debt 16.7% · cash 9.6%
Profitability 79=
return on assets 8.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.47 (3.26 in 2024), above the usual 1.5. Short-term debt is 16.7% and cash 9.6% of total assets. 19.7% of the assets are financed with debt and provisions.
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 46, micro). It does better than 90% of them on solvency, 64% on liquidity, 71% on profitability and 67% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises risk
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €1.4m (80.3% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 41 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: 3.6 FTE, total assets €1.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 41 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
41 days late
2024
29 days late
2023
27 days late
2022
on the day
2021
29 days late
2020
26 days late
2019
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 23 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 85% of companies in wholesale tradesector median 45.2% · 6,172 companies 80.3% View
  • Positive: 8 profitable years in a rowprofit 2025: €148,724 8 years View

Recent changes

  1. · Gazette deed Reappointments: John LEQUET (director) and Claude KRIESCHER (director)Appointments: John LEQUET (managing director) and Claude KRIESCHER (managing director) · Resignation: Manuel SUAREZ DELGADO (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as STEEL - ELEC: agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140). They are comparable in size and age: total assets between €1.2m and €3.8m, founded between 1984 and 2004.

CompanyTotal assetsGross margin
STEEL - ELEC Huy€1.8m€0.5m
ADVANCED MACHINERY Hamme (Vl.)€1.3m€0.5m
TROPIC INTERPORT Etterbeek€1.3m€0.3m
Tuinmachines Heynssens Sint-Niklaas€2.7m€0.5m
INDUSTRIAL SUPPLY & SUPPORT Aartselaar€1.7m€0.6m
ATELIERS RASE Eghezée€1.2m€0.5m
Saelens Staden€3.8m€0.6m
Full comparison

Key facts about STEEL - ELEC

What is the company number of STEEL - ELEC?
The company number of STEEL - ELEC is 0452.221.225. The VAT number is the same number with BE in front: BE 0452.221.225.
Where is STEEL - ELEC based?
The registered office is at Avenue du Hoyoux 5, 4500 Huy.Company details
What does STEEL - ELEC do?
According to the KBO register, the main activity is agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140).
What is the legal form of STEEL - ELEC?
The legal form of STEEL - ELEC is Public limited company (NV).
When was STEEL - ELEC founded?
STEEL - ELEC was founded on 01-04-1994.
Is STEEL - ELEC still active?
Yes, STEEL - ELEC is an active enterprise in the KBO register.
How many employees does STEEL - ELEC have?
STEEL - ELEC had an average of 3.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does STEEL - ELEC fall under?
In its 2025 annual accounts, STEEL - ELEC states joint committees 149.04 (Paritair Subcomité voor de metaalhandel) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of STEEL - ELEC?
The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €463,789 and 138 comparable companies (NACE 46). It probably lies between €1.5m and €4.0m.
Is STEEL - ELEC profitable?
In financial year 2025, STEEL - ELEC made a profit of €148,724.
Where can I find the annual accounts of STEEL - ELEC?
STEEL - ELEC filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of STEEL - ELEC due?
STEEL - ELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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