INGELEC ELECTROSUN

Active

Private limited companyfounded 20197 yrs activeRue Gaston Dubois 21, 1428 Braine-l'Alleud, BelgiumKBO/BCE: BE 0732.527.865

The computed 12-month bankruptcy probability of INGELEC ELECTROSUN is 2.6% (moderate). The 2025 annual accounts show equity of €83k and a net result of €-18k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 95% of 2031 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

60 / 100

Healthy▲ +8 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency100=

Growth52=

Stability100

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 23.61 against 5.63 in 2024), and 1.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

98.9%

Return on assets

-21.8%

Age of the figures

15 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

202122232425

2020 to 2025 · latest year -€18k

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

43 d early

2024

44 d early

2023

42 d early

2022

43 d early

2021

42 d early

2020

24 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close16-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-18k▲ 14.0%

2024 · €-21k

2020: €32k 2021: €83k 2022: €5k 2023: €74 2024: €-21k

2020 → 2025

Working capital

€20k▼ 12.7%

2024 · €23k

2020: €-129k 2021: €-3k 2022: €20k 2023: €30k 2024: €23k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€118k-€123k▲ 4.0%€123k▲ 0.1%€102k▼ 17.3%€83k▼ 18.0%

Operating result€110k-€6k▼ 94.5%€270▼ 95.5%€-21k€-18k▲ 13.3%

Net result€83k-€5k▼ 94.4%€74▼ 98.4%€-21k€-18k▲ 14.0%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €18k in 2025 against €21k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €84k

75.0%

25.0%

Fixed assets €63k▼ 19.6%

Current assets €21k▼ 25.0%

Equity and liabilities €84k

98.9%

Equity €83k▼ 18.0%

Debt €891▼ 82.1%

The debt ratio falls from 4.7% to 1.1%: debt falls faster than equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-3k▲

2024 · €-6k

Cash flow

€-3k▲

2024 · €-6k

Solvency

98.9%▲

2024 · 95.3%

Current ratio

23.61▲

2024 · 5.63

Quick ratio

18.02▲

2024 · 4.63

Debt / equity

0.01▼

2024 · 0.05

ROE

-22.0%▼

2024 · -21.0%

ROA

-21.8%▼

2024 · -20.0%

Interest coverage

-12.05▲

2024 · -19.50

Debt

€891▼

2024 · €5k

Debt ≤ 1 year

€891▼

2024 · €5k

Staff costs

€0▼

2024 · €672

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€107k€84k▼

Fixed assets21/28€78k€63k▼

Intangible fixed assets21€76k€61k▼

Tangible fixed assets22/27€390€0▼

Plant, machinery and equipment23€0-

Furniture and vehicles24€390€0▼

Financial fixed assets28€2k€2k=

Current assets29/58€28k€21k▼

Stocks and contracts in progress3€5k€5k=

Stocks30/36€5k€5k=

Contracts in progress37€0-

Amounts receivable within one year40/41€12k€5k▼

Trade receivables40€4k€4k▲

Other amounts receivable41€8k€955▼

Cash at bank and in hand54/58€8k€9k▲

Deferred charges and accrued income490/1€4k€2k▼

Equity and liabilities

Total equity and liabilities10/49€107k€84k▼

Equity10/15€102k€83k▼

Contributions10/11€3k€3k=

Profit (loss) carried forward14€99k€80k▼

Amounts payable17/49€5k€891▼

Amounts payable within one year42/48€5k€891▼

Trade debts44€2k€874▼

Suppliers440/4€2k€874▼

Advances received on contracts in progress46€0-

Taxes, remuneration and social security45€174€17▼

Taxes450/3€174€17▼

Other amounts payable47/48€3k€0▼

Income statement Code20242025

Non-recurring operating income76A€0€708▲

Remuneration, social security and pensions62€672€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼

Other operating charges640/8€725€642▼

Non-recurring operating charges66A€34k€530▼

Gross operating margin9900€30k€-2k▼

Operating profit (loss)9901€-21k€-18k▲

Financial income75/76B€91€226▲

Recurring financial income75€91€226▲

Financial charges65/66B€284€241▼

Recurring financial charges65€284€241▼

Profit (loss) for the period before taxes9903€-21k€-18k▲

Income taxes67/77€0-

Profit (loss) for the period9904€-21k€-18k▲

Profit (loss) for the period to be appropriated9905€-21k€-18k▲

Appropriation of the result

Profit (loss) to be appropriated9906€99k€80k▼

Profit (loss) brought forward from the previous period14P€120k€99k▼

Social balance

Average headcount (FTE)9087-0.0

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 5Gazette 1Filings 6

Next filing, fiscal year 2026, expected by 31-01-2027

2026

04-08

State Gazette act Resignations & appointments

Board meeting · Director appointment · Permanent representative11 facts ▸

Board meeting, 08/07/2026
Director appointment, Leapfrogs SComm (personne chargée de la gestion journalière)
Director appointment, Jumicon SRL (personne chargée de la gestion journalière)
Permanent representative, Peter van Praet
Permanent representative, Francis Delabie
Mandate compensation, Leapfrogs SComm
Mandate compensation, Jumicon SRL
Power of attorney, Leapfrogs SComm
Power of attorney, Jumicon SRL
Mandate term, aussi longtemps que nommées comme personnes chargées de la gestion journalière
Mandate term, aussi longtemps que nommées comme personnes chargées de la gestion journalière

2025

19-12

NBB filing Annual accounts filed

fiscal year 2025 · full schema

30-06

Financial Liquidity quadruplescurrent ratio 23.61

Current ratio from 5.63 to 23.61; short-term debt falls from €5k to €891.

2024

18-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

30-06

Financial Weakest financial yearnet €-21k ▼28845%

Net result drops to €-21k, the lowest in the series; recovery starts the following year.

30-06

Financial Liquidity times 5current ratio 5.63

Current ratio from 1.09 to 5.63; short-term debt falls from €314k to €5k.

2023

20-12

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2022

19-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2021

20-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

30-06

Financial Highest result since 2020net €83k ▲163%

Operating result €110k, net result €83k, both a record.

30-06

Financial Equity above €100kEq €118k ▲241%

2 profitable years in a row build equity to €118k.

07-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 directors, no change since 2026

Jumicon

Personne chargée de la gestion journalière · since 06-07-2026 · Private limited company · perm. rep.: Francis Delabie

Current

Leapfrogs

Personne chargée de la gestion journalière · since 06-07-2026 · Limited partnership · perm. rep.: Peter van Praet

Current

06-07-2026 Jumicon: Appointed as Personne chargée de la gestion journalière

06-07-2026 Leapfrogs: Appointed as Personne chargée de la gestion journalière

Location & real-estate footprint

Registered office, Braine-l'Alleud · 1 establishment unit since 2019

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Gaston Dubois 211428 Braine-l'Alleud

Ground area

4,470 m²

Building footprint

691 m²

Volume, LiDAR

822 m³

2 parcels, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MSELECTROSUN

Gustave Fachedreef(L) 17, 7700 MouscronInstallation of electric heating, air conditioning, cooling and ventilation

since 20192.293.675.460

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
54006N0197/00K000	Wallonia	3,402 m²	1 · 548 m²	-
25054A0333/00K002	Wallonia	1,068 m²	1 · 143 m²	8.2 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

5 connected companies

Shared directors

Network connections

BATTERY 4 INDUSTRY

Shared corporate director

→

BeliPact

Shared corporate director

→

BELIVERT

Shared corporate director

→

INGELEC

Shared corporate director

→

Show 1 more network connections

WEST INGELEC

Shared corporate director

→

Similar companies · same sector, comparable size

ADVANCED FUTURE ENERGY SYSTEMS

Heusden-Zolder · Eq €83k

Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 8,767 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded12-08-2019

Fiscal year end30-06

Activities, NACEBEL

43211General electrical installation work

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.