Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 22.2 to 16.9.
Financials
Financial year 2025
INGELEC from Mouscron, company number BE0897792408, closed financial year 2025 with a result of € -136,777 after tax. For that financial year INGELEC recorded a gross margin of € 1 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 179,709 to € -136,777. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 1.1 million
▼ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -136,777
▼ still € 179,709 profit in 2024
Profit after tax over the fiscal year.
€ 208,227
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2025
16.9
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 2% vs 2024
€ 65,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 58,825
▲ € 46,082 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 42,312
▲ 9% vs 2024
€ 5,940 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 337,477
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 164,041
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,926,592 | € 2,700,116 | € 1,433,472 | € 1,037,673 | ▼ 28% |
| Profit after taxes | € 779,575 | € 1,082,239 | € 179,709 | € -136,777 | ▼ € 316,486 |
| Equity | € 969,445 | € 1,422,305 | € 1,601,993 | € 1,065,216 | ▼ 34% |
| Total debts | € 2,426,825 | € 1,254,978 | € 629,268 | € 1,232,021 | ▲ 96% |
| Cash | € 368,131 | € 685,553 | € 583,257 | € 208,227 | ▼ 64% |
| Land & buildings | € 47,200 | € 38,545 | € 30,808 | € 23,329 | ▼ 24% |
| Retained profit | € 950,745 | € 1,403,684 | € 1,583,393 | € 1,046,616 | ▼ 34% |
| Dividend | € 550,000 | € 629,300 | € 0 | € 400,000 | |
| Bank debt | € 173,326 | € 46,595 | € 38,961 | € 42,312 | ▲ 9% |
| Balance sheet total | € 3,620,638 | € 2,969,894 | € 2,526,973 | € 2,601,625 | ▲ 3% |
| Employees (FTE) | 23.4 | 22.2 | 17.7 | 16.9 | ▼ 0.8 |
Key figures of INGELEC, 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 INGELEC?
What happened at INGELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 136,777 (▼ € 316,486 vs 2024). filed late Source: NBB ↗
- BeliPact BV BV became a director. NBB
- Millux SRL became a director. NBB
- BDH Projects SRL became a director. NBB
- SPO Projects SRL became a director. NBB
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 779,575 profit in 2022 to € 136,777 loss in 2025.
Paid € 344,495 in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
On average € 61,400 of value added per employee in 2025.
A new publication or filing at INGELEC? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BeliPact comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INGELECBehind INGELEC are BeliPact BV BV, Millux SRL, BDH Projects SRL and SPO Projects SRL. The shares are held by BeliPact (100%).
Directors
According to the 2025 annual accounts
Director · represented by RINNER Eric
Also active at: FRANQUET, WEST INGELEC, INGELEC ELECTROSUN, BELIVERT, BATTERY 4 INDUSTRY
since 2025
Personne chargée de la gestion journalière · represented by Frédéric Labis
Also active at: FRANQUET, GREFA CONSULTING, WEST INGELEC, INGELEC ELECTROSUN, TECHNIPARTS JFF
since 2025
Personne chargée de la gestion journalière · represented by Bertrand Dhulst
Also active at: FRANQUET
since 2025
Personne chargée de la gestion journalière · represented by Sébastien Pottier
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gustave Fachedreef(L) 17
7700 Mouscron
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0897.792.408
- VAT number
- BE 0897.792.408
- Registered office
- Gustave Fachedreef(L) 17, 7700 Mouscron
- Names & denominations
- INGELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2008
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Handel in elektriciteit
Productie van elektriciteit uit niet-hernieuwbare bronnen