Active · per the CBE, 31 October 2026

AGELEC SERVICES

BE0642907090

Rechtspersoon Private limited company 1 establishment

AGELEC SERVICES is an electrical contractor in Flémalle. Private Limited, started on 16 November 2015, 1 establishment.

Rue de Flémalle-Grande(FLG) 116 box 21, 4400 Flémalle

Behind the company: Antonino Greco.

Active for

10 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

Financials

Financial year 2025

AGELEC SERVICES from Flémalle, company number BE0642907090, closed financial year 2025 with a result of € -21,559 after tax. For that financial year AGELEC SERVICES recorded a gross margin of € 19,628 and equity of € -50,392. Compared with financial year 2024, the result moved from € -85,948 to € -21,559. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.

What it is worth Caution

€ -50,392

▼ € 21,559 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -21,559

▲ 75 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 455

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -60,392.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate

€ 533

▼ 48% vs 2024

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 18,362

▲ € 17,092 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 years to go

€ 188,501

▼ 45% vs 2024

€ 12,866 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 84,254

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 2,500

▼ 92% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 27,458 € 42,579 € -54,481 € 19,628 ▲ € 74,109
Profit after taxes € -14,827 € 12,421 € -85,948 € -21,559 ▲ € 64,389
Equity € 44,694 € 57,115 € -28,833 € -50,392 ▼ € 21,559
Total debts € 148,810 € 248,029 € 371,954 € 340,527 ▼ 8%
Cash € 7,846 € 10,502 - € 455
Land & buildings € 14,608 € 165,404 € 275,439 € 110,500 ▼ 60%
Retained profit € 32,834 € 45,255 € -40,693 € -60,392 ▼ € 19,699
Bank debt € 64,866 € 203,051 € 340,151 € 188,501 ▼ 45%
Balance sheet total € 193,504 € 305,144 € 343,121 € 290,135 ▼ 15%

Key figures of AGELEC SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to AGELEC SERVICES?

What happened at AGELEC SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 21,559. Source: NBB ↗
  • Antonino Greco became a director. NBB
  • New establishment in Flémalle. KBO
  • Start of the company according to the CBE. KBO

In short

From € 14,827 loss in 2022 to € 21,559 loss in 2025.

Paid € 11,664 in corporate taxes since 2022.

Best year ever: 2023, with € 12,421 profit.

Management

Antonino Greco
AGELEC SERVICES

Behind AGELEC SERVICES is Antonino Greco.

Directors

According to the 2025 annual accounts

Antonino Greco

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Flémalle-Grande(FLG) 116 box 21

4400 Flémalle

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0642.907.090
VAT number
BE 0642.907.090
Registered office
Rue de Flémalle-Grande(FLG) 116 bus 21, 4400 Flémalle
Names & denominations
AGELEC SERVICES
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
16 November 2015
Peppol
Active · Active since 15 Apr 2026
Activities · NACE

Algemene elektrotechnische installatiewerken

Frequently asked questions

What does AGELEC SERVICES do?
AGELEC SERVICES is an electrical contractor in Flémalle. Private Limited, started on 16 November 2015, 1 establishment.
What is the address of AGELEC SERVICES?
The registered office of AGELEC SERVICES is located at Rue de Flémalle-Grande(FLG) 116 box 21, 4400 Flémalle.
Is AGELEC SERVICES still active?
Yes. According to the CBE (31 October 2026) AGELEC SERVICES is active, legal situation “Normale toestand”, started on 16 November 2015.
Is AGELEC SERVICES registered on Peppol?
Yes, AGELEC SERVICES is registered on the Peppol network with ID 0208:0642907090.
What is the enterprise number of AGELEC SERVICES?
The enterprise number of AGELEC SERVICES is BE0642907090.
When was AGELEC SERVICES founded?
AGELEC SERVICES was founded on 16 November 2015.