SUELGA
ActiveSummary
SUELGA has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €868,500. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 46% of 378 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 24-01-2001 Normal situation
- Activity
- Construction of utility projects for electricity and telecommunications NACE 42220and 5 others
- Joint committees
- 124 Paritair Comité voor het bouwbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.116.237.122 9160 Lokeren, since 22-03-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 06-10-2026
Board and ownership
- BROEDERS & CoDirector · since 18-11-2022 · permanent representative Ahmet ÖZTÜRK
- BROEDERS & Co100%· score 54annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Turnover
- €10.4m
- ▼ 14.1%
- Profit
- €868,500
- ▲ 319%
- Equity
- €3.0m
- ▼ 31.0%
- Total assets
- €7.9m
- ▲ 14.3%
- Employees on 31-12-2025
- 62
- ▲ 17.0%
- 2025 accounts filed 38 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.73, cash €89,076, halvedLast filed accounts filed 38 days late; 1 of the last 3 accounts latelowers riskFounded in 2001Profit of €868,500 (financial year 2025)Show the evidence
Checked score
About 3 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 42, medium-sized). It does better than 53% of them on solvency, 30% on liquidity, 72% on profitability and 8% 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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Signals
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignations: Birgul KURTULUS, Nihat KURTULUS and Suat KURTULUSAppointment: Broeders en Co (director) · Permanent representative: Ahmet ÖZTÜRK
- · Gazette deed Changes of role: KURTULUS Birgul, KURTULUS Suat and KURTULUS Nihat
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as SUELGA: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €7.8m and €13m, founded between 1996 and 2007.
| Company | Total assets | Turnover |
|---|---|---|
| SUELGA Lokeren | €7.9m | €10.4m |
| ELEC. D.V.C. Elsene | €9.3m | €12.8m |
| BESIX Reditec Namur | €7.8m | €15.2m |
| ALSTAR Lokeren | €8.1m | €17.6m |
| CONA Lokeren | €13.5m | €14.5m |
| GDD INFRA Temse | €10.5m | €14.7m |
| BIESMANS-DPE Bilzen-Hoeselt | €7.9m | €17.5m |
Key facts about SUELGA
- What is the company number of SUELGA?
- The company number of SUELGA is 0473.901.814. The VAT number is the same number with BE in front: BE 0473.901.814.
- Where is SUELGA based?
- The registered office is at Spieveldstraat 20, 9160 Lokeren.Company details
- What does SUELGA do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of SUELGA?
- The legal form of SUELGA is Private limited company (BV).
- When was SUELGA founded?
- SUELGA was founded on 24-01-2001.
- Is SUELGA still active?
- Yes, SUELGA is an active enterprise in the KBO register.
- How many employees does SUELGA have?
- SUELGA had an average of 59.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SUELGA fall under?
- In its 2025 annual accounts, SUELGA states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of SUELGA?
- The turnover of SUELGA was €10.4m in financial year 2025, according to the filed annual accounts.
- Is SUELGA profitable?
- In financial year 2025, SUELGA made a profit of €868,500.
- Where can I find the annual accounts of SUELGA?
- SUELGA filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SUELGA due?
- SUELGA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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