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NYSELEC

Active
Private limited companyfounded 2023active for 2 yearsRue des Ecoles(Leignon) 43, 5590 Ciney, BelgiumKBO/BCE: BE 1003.659.790
Summary

The computed 12-month bankruptcy probability of NYSELEC is 6.4% (elevated). The 2024 annual accounts show equity of €52,759 and a net result of €49,759. Its solvency ranks better than 38% of 1,618 sector peers (NACE 33, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 20-12-2023 Normal situation
Activity
Repair and maintenance of electrical equipment NACE 33140and 5 others
Establishment unit
2.353.573.455 5590 Ciney, since 20-12-2023
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Financial position

36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.4%
Annual accounts 2024
Gross margin
€170,721
Turnover
≈ €430,000
estimated
Profit
€49,759
Equity
€52,759
Total assets
€150,674
Staff
≈ 2.1 FTE
estimated
  • 2024 accounts filed 122 days after the deadline
Filed on 30-11-2025
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 122 days late; 1 of the last 3 accounts lateFigures for financial year 2024 (filed on 06-12-2025)Founded in 2023Size: total assets €150,674Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 48% of micro companies in repair and installation of machinery (NACE 33)
Financial strength
Strong
Solvency 60
equity 35.0% of total assets
Liquidity 24
short-term debt 65.0% · cash 6.4%
Profitability 100
return on assets 33.0%
Bankruptcy probability within 12 months
6.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,392 companies, NACE 33, micro)
Last 24 months 01-2025: 1.8%lowest value 02-2025: 1.8%● unchanged vs 01-2025lowest value 03-2025: 1.9%▲ +0.1 percentage points vs 02-2025 04-2025: 2.2%▲ +0.3 percentage points vs 03-2025 05-2025: 2.3%▲ +0.1 percentage points vs 04-2025 06-2025: 2.6%▲ +0.3 percentage points vs 05-2025 07-2025: 2.6%● unchanged vs 06-2025 08-2025: 2.9%▲ +0.3 percentage points vs 07-2025 09-2025: 2.9%● unchanged vs 08-2025 10-2025: 2.8%▼ -0.1 percentage points vs 09-2025 11-2025: 3.1%▲ +0.3 percentage points vs 10-2025 12-2025: 3.2%▲ +0.1 percentage points vs 11-2025 01-2026: 4.2%▲ +1.0 percentage point vs 12-2025 02-2026: 4.2%● unchanged vs 01-2026 03-2026: 4.2%● unchanged vs 02-2026 04-2026: 4.3%▲ +0.1 percentage points vs 03-2026 05-2026: 4.2%▼ -0.1 percentage points vs 04-2026 06-2026: 4.0%▼ -0.2 percentage points vs 05-2026 07-2026: 4.0%● unchanged vs 06-2026 08-2026: 4.7%▲ +0.7 percentage points vs 07-2026 09-2026: 4.9%▲ +0.2 percentage points vs 08-2026 10-2026: 6.4%▲ +1.5 percentage points vs 09-2026highest value 11-2026: 6.4%● unchanged vs 10-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.49, below the usual 1.5. Short-term debt is 65% and cash 6.4% of total assets. 65% 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 33, micro). It does better than 39% of them on solvency, 14% on liquidity and 90% on profitability.

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.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 122 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 06-12-2025)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €150,674
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2024 accounts filed 122 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 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 · 1 filing
Deviation from the deadline
2024
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 122 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Higher net result than 82% of companies in repair and installation of machinerysector median €13,192 · 1,620 companies €49,759 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €3,000 · Appointments: NYSEN Patrick Marcel Jean Marie Lambert (director) and NYSEN Walter Joseph Jacques Anne (director)
All 2 events

Comparable companies

These companies have the same main activity as NYSELEC: repair and maintenance of electrical equipment (NACE 33140). They are comparable in size and age: total assets between €158,000 and €275,000, founded between 2022 and 2024.

CompanyTotal assetsGross margin
NYSELEC Ciney€150,674€170,721
JC-ELECTRICITE Erezée€169,451€129,493
IMNELEC Brussel€158,198€198,199
Profelek Antwerpen€158,393€112,333
4MAX Halle€275,237€140,290
HACARDIAUX-ELECTRICITE Estinnes€268,372€301,075
POWER LIFT SERVICE Tubize€256,744€174,278
Full comparison

Key facts about NYSELEC

What is the company number of NYSELEC?
The company number of NYSELEC is 1003.659.790. The VAT number is the same number with BE in front: BE 1003.659.790.
Where is NYSELEC based?
The registered office is at Rue des Ecoles(Leignon) 43, 5590 Ciney.Company details
What does NYSELEC do?
According to the KBO register, the main activity is repair and maintenance of electrical equipment (NACE 33140).
What is the legal form of NYSELEC?
The legal form of NYSELEC is Private limited company (BV).
When was NYSELEC founded?
NYSELEC was founded on 20-12-2023.
Is NYSELEC still active?
Yes, NYSELEC is an active enterprise in the KBO register.
What is the turnover of NYSELEC?
The turnover in financial year 2024 is ≈ €430,000. This figure is estimated from the gross margin of €170,721 and 2,211 comparable companies of the same size. It probably lies between €290,000 and €660,000. It is a rough estimate.Financials
Is NYSELEC profitable?
In financial year 2024, NYSELEC made a profit of €49,759.
Where can I find the annual accounts of NYSELEC?
NYSELEC filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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