Liquidity
12.58 was 4.08 in 2024
Short-term debts fell from €19,143 to €4,884.
A+
Overview
Lifetime
3 annual accounts with figures on one time axispeak €61,528 (2023)
-€2,373▼ €14,168
lowest -€2,431 (2025)
-€2,431▼ €10,699
peak €58,992 (2024)
€56,561▼ 4.1%
€4,884▼ 74.5%
Board1 name since 2023
1 directorDE BACKER Alex Julien
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Gross margin from €11,795 to -€2,373Loss of €2,431Debts from €19,143 to €4,884Cash from €61,677 to €12,168
Key points
from the 2025 annual accountsFilings
3 annual accounts 1 late
The 2023 accounts came 20 days late. The other two were filed on time.
Position in the sector
92.1%
Higher solvency than 94% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
Turnover not published (micro format)
Checked score
82
Excellent
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▼ -0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.2%▼ -0.1 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.7%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.5%▼ -0.2 percentage points vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Size: total assets €61,445
lowers risk
Liquidity: current ratio 12.58, cash €12,168, halved
Equity €56,561 (92.1% of total assets)
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 43, micro). It does better than 90% of them on solvency, 73% on liquidity, 16% on profitability and 29% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,145 companies had the same profile as A+ has now. Each dot stands for 6 companies, two years later.
91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of A+ itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,145 companies, not a prediction for A+. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 12.58 (4.08 in 2024), above the usual 1.5. Short-term debt is 7.9% and cash 19.8% of total assets. 7.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
9 days early
2024
8 days early
2023
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 1 day after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795896084
Incorporation
Founder: DE BACKER Alex Julien · 100 shares · Appointment: DE BACKER Alex Julien (director) · published on 11-01-2023 · Gazette deed
First establishment
Albijn Van den Abeelestraat 2, Evergem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| A+ Evergem | €61,445 | -€2,373 | 92.1% | - |
| EZ NEW ENERGY Ghent | €63,379 | -€28,448 | -23.1% | 0.4 |
| Dymno Beveren-Kruibeke-Zwijndrecht | €59,376 | -€3,802 | 12.1% | - |
| CATLI Lochristi | €48,820 | €511 | 50.6% | - |
| SVEN DELARBRE Leopoldsburg | €62,558 | -€28,376 | 87.1% | - |
| JVA Homeworks Beringen | €60,707 | -€4,853 | 28.0% | - |
| JUNISOL Hoeilaart | €58,413 | -€45,510 | 8.6% | - |
These companies have the same main activity as A+: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €48,800 and €63,400, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 09-01-2023Normal situation
- Activity
- General electrical installation workNACE 43211and 4 others
- Establishment unit
- 2.341.562.4799940 Evergem, since 09-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 28-01-2025
Annual accounts 2025
- -€2,373
- €2,431
- €56,561▼ 4.1%
- €61,445▼ 21.4%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on A+
A+ files the micro format. That format states no turnover. The gross margin fell from €61,528 in 2023 to -€2,373 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 22-07-2026, 9 days before the deadline-€2,373
▼ €14,168
-€2,617
▼ €14,312
-€2,431
▼ €10,699
€56,561
▼ 4.1%
92.1%
▲ 16.6 percentage points
12.58
▲ 8.50
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €61,445 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
92.1%
Higher than 95% of 35,136 companies in 2025.
12.58
Higher than 95% of 34,510 companies in 2025.
-4.0%
Higher than 17% of 34,711 companies in 2025.
A+
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
61,445 | 78,135 | 72,167 | |
29/58 |
61,445 | 78,135 | 72,167 | |
40/41 |
4,111 | 429 | 15,655 | |
40 |
2,074 | 429 | 15,655 | |
41 |
2,037 | - | - | |
50/53 |
45,166 | 15,000 | 15,000 | |
54/58 |
12,168 | 61,677 | 41,512 | |
490/1 |
- | 1,029 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
61,445 | 78,135 | 72,167 | |
10/15 |
56,561 | 58,992 | 50,724 | |
10/11 |
2,500 | 2,500 | 2,500 | |
13 |
54,061 | 56,492 | 48,224 | |
133 |
54,061 | 56,492 | 48,224 | |
17/49 |
4,884 | 19,143 | 21,443 | |
42/48 |
4,884 | 19,143 | 21,443 | |
44 |
4,879 | - | 1,000 | |
440/4 |
4,879 | - | 1,000 | |
45 |
5 | 15,720 | 17,963 | |
450/3 |
5 | 15,720 | 17,963 | |
47/48 |
- | 3,423 | 2,479 | |
| Income statement | ||||
9900 |
-2,373 | 11,795 | 61,528 | |
62 |
- | - | 180 | |
640/8 |
244 | 100 | 949 | |
9901 |
-2,617 | 11,695 | 60,399 | |
75/76B |
248 | - | 0 | |
75 |
248 | - | 0 | |
65/66B |
61 | 262 | 119 | |
65 |
61 | 262 | 119 | |
9903 |
-2,431 | 11,433 | 60,280 | |
67/77 |
- | 3,165 | 12,056 | |
9904 |
-2,431 | 8,268 | 48,224 | |
9905 |
-2,431 | 8,268 | 48,224 | |
| Appropriation of the result | ||||
9906 |
-2,431 | 8,268 | 48,224 | |
791/2 |
2,431 | - | - | |
691/2 |
- | 8,268 | 48,224 | |
6921 |
- | 8,268 | 48,224 | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -49,509 | 20,165 | - | ||
| 56,561 | 58,992 | 50,724 | ||
| 92.1% | 75.5% | 70.3% | ||
| 12.58 | 4.08 | 3.37 | ||
| 0.09 | 0.32 | 0.42 | ||
| -4.3% | 14.0% | 95.1% | ||
| -4.0% | 10.6% | 66.8% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on A+
The operating result for 2025 is a loss of €2,617, after a profit of €11,695 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total falls from 24.5% to 7.9%. Equity and debt are lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 11-01-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 22-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 11-01-2023
Mandates through the years
1 name, the dashed line is todayDE BACKER Alex Julien
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DE BACKER Alex Julien
- Director (not named in the articles), from 09-01-2023 to date
Control
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €566 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 11-01-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Regels belangenconflicten van toepassing in voorkomend geval, niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene…”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Aandelen zonder goedkeuring NIET overdraagbaar,noch onder levenden,noch door overlijden,ook niet aan aandeelhouder,echtgenoot of wettelijk…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 19:30
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Recht algemene vergadering een of meerdere vereffenaars aan te duiden,bevoegdheden te omlijnen en vergoeding te bepalen, elk moment”
Founder
At incorporation
deed of 11-01-2023 ↗
- DE BACKER Alex Julien sole founder · 100% at incorporation
Network & group
No group
A+ has no parent and no holdings in its annual accounts. DE BACKER Alex Julien is the only director. A+ shares no director with another company.
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 9 days before the deadline
2025
Weakest financial year net -€2,431 The net result drops to -€2,431, the lowest from 2023 to 2025.
Liquidity more than triples current ratio 12.58 The current ratio rises from 4.08 to 12.58. Short-term debt falls from €19,143 to €4,884.
Annual accounts 2024 filed PDFmicro format · 8 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0795896084
2024
Annual accounts 2023 filed PDFmicro format · 20 days late
2023
IncorporationFounder: DE BACKER Alex Julien · 100 shares · Appointment: DE BACKER Alex Julien (director) · published on 11-01-20235 points ▸
- Founder, DE BACKER Alex Julien
- 100 shares
- Registered office clause, Albijn Van den Abeelestraat 2, 9940 Evergem
- Director appointment, DE BACKER Alex Julien (director (not named in the articles))
- Power of attorney, Pol Vanden Broecke
- The deed holds 2 more points.
First establishment Albijn Van den Abeelestraat 2, Evergem
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 9 January 2023, A+ was incorporated as a private limited company by one natural person.12 DE BACKER Alex Julien is director of the company, appointed by deed of 11-01-2023.2 Total assets went from €72,167 in 2023 to €61,445 in 2025.3
Company details
Identity
- Enterprise number
- 0795.896.084
- VAT number
- BE 0795.896.084
- Peppol ID
- 0208:0795896084
- Other Peppol ID
- 9925:BE0795896084
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-01-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 19:30deed of 11-01-2023 (in Dutch)
- Peppol
- Reachable since 28-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- A+ in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-01-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 11-01-2023 (in Dutch)
Activities
NACEBEL 202543211
General electrical installation work main activity
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
43212
Specialised construction activities
43994
Specialised construction activities
43999
Specialised construction activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Elektrotechnische installatiewerken; Uitvoeren van voegwerkzaamheden; Overige gespecialiseerde werkzaamheden; Consultancy opvolging van…”deed of 11-01-2023 (in Dutch)
9 activities
- Elektrotechnische installatiewerken
- Uitvoeren van voegwerkzaamheden
- Overige gespecialiseerde werkzaamheden
- Consultancy opvolging van bouwprojecten
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen een onroerende zakelijke rechten(vruchtgebruik,recht van opstal,erfpacht enzovoort)zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,het ontwerpen en opvolgen van projecten en het maken van studies met betrekking tot immobiliën;de aan-en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen;alsmede zich borg stellen voor het goede verloop van verbintenissen,inclusief deze door derde personen aangegaan,hierin begrepen haar onroerende goederen of rechten in hypotheek geven.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten.
- De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp.
- De vennootschap kan,binnen de perken van haar voorwerp,zowel in België als in het buitenland alle roerende,onroerende,financiële of burgerrechtelijke verrichtingen doen die rechtstreeks of onrechtstreeks betrekking hebben op haar voorwerp.
- Zij kan zich bij wijze van inbreng,overdracht,samensmelting,inschrijving,participatie,financiële tussenkomst of op andere wijze interesseren in alle vennootschappen,ondernemingen of verrichtingen die een gelijkaardig of aanverwant voorwerp hebben of die van aard zijn de verwezenlijking van haar voorwerp te bevorderen.Zij kan zich voor bovengemelde vennootschappen en ondernemingen borg stellen,en er mandaten van zaakvoerder,bestuurder en vereffenaar in uitoefenen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Albijn Van den Abeelestraat 2 registered office 9940 Evergem | 09-01-2023 | 2.341.562.479 |
Buildings and parcels at the address
- Ground area
- 660 m²
- Buildings
- 174 m²
- Volume, LiDAR
- 947 m³
- Tallest building
- 8.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 43006F0327/00D000 | 660 m² | 1 · 174 m² | 8.1 m · 2 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0795.896.084