A&J Electric
ActiveThe computed 12-month bankruptcy probability of A&J Electric is 1.8% (moderate). The 2025 annual accounts show equity of €354k and a net result of €78k. Equity is growing by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 7692 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-7
Solvency80▼-7
Growth78=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 3.79 in 2024; short-term debt: 17.2% and cash: 11% of total assets), and 44.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.4%
Return on assets
12.3%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
22 d early
2024
17 d early
2023
13 d early
2022
24 d late
2021
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€354k▲ 2.4%
2024 · €345k
2021: €48k
2022: €137k
2023: €277k
2024: €345k
2021 → 2025
Total assets
€638k▲ 14.8%
2024 · €556k
2021: €92k
2022: €179k
2023: €318k
2024: €556k
2021 → 2025
Net result
€78k▼ 20.9%
2024 · €99k
2021: €44k
2022: €89k
2023: €140k
2024: €99k
2021 → 2025
Working capital
€77k▼ 46.0%
2024 · €142k
2021: €17k
2022: €27k
2023: €82k
2024: €142k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€137k▲ 187%€277k▲ 103%€345k▲ 24.7%€354k▲ 2.4%
Operating result€60k-€107k▲ 77.7%€196k▲ 83.2%€150k▼ 23.6%€140k▼ 6.5%
Net result€44k-€89k▲ 104%€140k▲ 57.7%€99k▼ 29.4%€78k▼ 20.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €638k
Fixed assets
€452k▲ 24.4%
Current assets
€186k▼ 3.3%
Equity and liabilities €638k
Equity
€354k▲ 2.4%
Debt
€285k▲ 35.0%
The debt ratio rises from 37.9% to 44.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€208k▲
2024 · €195k
Cash flow
€146k▲
2024 · €144k
Solvency
55.4%▼
2024 · 62.1%
Current ratio
1.70▼
2024 · 3.79
Quick ratio
1.26▼
2024 · 2.95
Debt / equity
0.81▲
2024 · 0.61
ROE
22.2%▼
2024 · 28.7%
ROA
12.3%▼
2024 · 17.8%
Interest coverage
17.22▼
2024 · 36.08
Debt
€285k▲
2024 · €211k
Debt ≤ 1 year
€110k▲
2024 · €51k
Debt > 1 year
€175k▲
2024 · €160k
Income taxes
€50k▲
2024 · €47k
Staff costs
€105k▲
2024 · €90k
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€556k€638k▲
Fixed assets21/28€363k€452k▲
Tangible fixed assets22/27€363k€452k▲
Land and buildings22€273k€361k▲
Plant, machinery and equipment23€38k€27k▼
Furniture and vehicles24€52k€64k▲
Current assets29/58€193k€186k▼
Stocks and contracts in progress3€43k€48k▲
Stocks30/36€26k€30k▲
Contracts in progress37€17k€18k▲
Amounts receivable within one year40/41€60k€57k▼
Trade receivables40€25k€37k▲
Other amounts receivable41€35k€20k▼
Cash at bank and in hand54/58€83k€71k▼
Deferred charges and accrued income490/1€7k€11k▲
Equity and liabilities
Total equity and liabilities10/49€556k€638k▲
Equity10/15€345k€354k▲
Contributions10/11€4k€4k=
Capital10€4k€4k=
Issued capital100€4k€4k=
Reserves13€289k€289k=
Distributable reserves133€289k€289k=
Profit (loss) carried forward14€52k€61k▲
Amounts payable17/49€211k€285k▲
Amounts payable after more than one year17€160k€175k▲
Financial debts170/4€160k€175k▲
Amounts payable within one year42/48€51k€110k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€13k€7k▼
Suppliers440/4€13k€7k▼
Taxes, remuneration and social security45€26k€32k▲
Taxes450/3€19k€23k▲
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€1k€60k▲
Income statement
Code20242025
Remuneration, social security and pensions62€90k€105k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€68k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€288k€317k▲
Operating profit (loss)9901€150k€140k▼
Financial income75/76B€2k€414▼
Recurring financial income75€2k€414▼
Financial charges65/66B€5k€12k▲
Recurring financial charges65€5k€12k▲
Profit (loss) for the period before taxes9903€146k€128k▼
Income taxes67/77€47k€50k▲
Profit (loss) for the period9904€99k€78k▼
Profit (loss) for the period to be appropriated9905€99k€78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€151k€131k▼
Profit (loss) brought forward from the previous period14P€52k€52k▲
Transfer to equity691/2€64k-
To contributions691€64k-
Profit to be distributed694/7€35k€70k▲
Return on contributions (dividend)694€35k€70k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €140k ▲57.7%
Operating result €196k, net result €140k, both a record.
31-12
Financial
Equity above €200kEq €277k ▲103%
3 profitable years in a row build equity to €277k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Equity above €100kEq €137k ▲187%
2 profitable years in a row build equity to €137k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Houthalen-Helchteren · 1 establishment unit since 2021
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.
Brugstraat 343530 Houthalen-HelchterenGround area
1,215 m²
Building footprint
178 m²
Volume, LiDAR
794 m³
Parcel 72015C0949/00N000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
A&J Electric
since 20212.311.930.761
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0949/00N000 | Flanders | 1,215 m² | 1 · 178 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 5 entries · 32,405 EUR awarded · 32,405 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 12,483 EUR | 12,483 EUR |
| 2024 | 2 | 13,749 EUR | 13,749 EUR |
| 2023 | 1 | 6,173 EUR | 6,173 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
5 live approvalsElektrische installaties duaal (so)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Elektrotechnisch installateur (vwo)
Installateur elektrotechnische basiscomponenten duaal (so)
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SECURE INTELLIGENT LIVING VEROUGSTRAETE
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 7,264 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.