ALL - ELEC
ActiveSummary
ALL - ELEC has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €506k and a net result of €60k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 15.65 against 16.77 in 2023; short-term debt: 6.3% and cash: 52% of total assets), and 6.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.7%
Return on assets
11.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
58 d late
2022
7 d early
2021
9 d early
2020
23 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€506k▲ 13.5%
2023 · €446k
2018: €215k
2019: €250k
2020: €263k
2021: €334k
2022: €405k
2023: €446k
2018 → 2024
Total assets
€541k▲ 13.9%
2023 · €475k
2018: €327k
2019: €361k
2020: €370k
2021: €371k
2022: €459k
2023: €475k
2018 → 2024
Net result
€60k▲ 44.1%
2023 · €42k
2018: €35k
2019: €35k
2020: €13k
2021: €71k
2022: €71k
2023: €42k
2018 → 2024
Working capital
€502k▲ 12.9%
2023 · €445k
2018: €234k
2019: €243k
2020: €249k
2021: €325k
2022: €399k
2023: €445k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€263k-€334k▲ 26.8%€405k▲ 21.2%€446k▲ 10.3%€506k▲ 13.5%
Operating result€-2k-€84k€86k▲ 1.9%€53k▼ 38.2%€79k▲ 49.3%
Net result€13k-€71k▲ 425%€71k▲ 0.3%€42k▼ 41.1%€60k▲ 44.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 49% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €541k
Fixed assets
€4k ▲ 202%
Current assets
€536k ▲ 13.4%
Equity and liabilities €541k
Equity
€506k ▲ 13.5%
Debt
€34k ▲ 21.5%
Debt's share of the balance-sheet total rises from 5.9% to 6.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80k▲
2023 · €58k
Cash flow
€61k▲
2023 · €46k
Current ratio
15.65▼
2023 · 16.77
Quick ratio
15.42▼
2023 · 16.48
Debt to equity
0.07▲
2023 · 0.06
ROE
11.9%▲
2023 · 9.3%
ROA
11.1%▲
2023 · 8.8%
Interest coverage
21.48▼
2023 · 43.23
Debt ≤ 1 year
€34k▲
2023 · €28k
Income taxes
€16k▲
2023 · €11k
Staff costs
€0▼
2023 · €252
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€475k€541k▲
Fixed assets21/28€1k€4k▲
Tangible fixed assets22/27€1k€4k▲
Plant, machinery and equipment23€613€418▼
Furniture and vehicles24€791€530▼
Other tangible fixed assets26-€3k
Current assets29/58€473k€536k▲
Stocks and contracts in progress3€8k€8k▼
Stocks30/36€8k€8k▼
Amounts receivable within one year40/41€202k€244k▲
Trade receivables40€89k€117k▲
Other amounts receivable41€114k€127k▲
Cash at bank and in hand54/58€259k€281k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€475k€541k▲
Equity10/15€446k€506k▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€384k€444k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€378k€438k▲
Amounts payable17/49€28k€34k▲
Amounts payable within one year42/48€28k€34k▲
Financial debts43€8k€8k▼
Credit institutions430/8€8k€8k▼
Trade debts44€14k€9k▼
Suppliers440/4€14k€9k▼
Taxes, remuneration and social security45€3k€10k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9-€7k
Other amounts payable47/48€3k€8k▲
Income statement
Code20232024
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€252€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€895▼
Other operating charges640/8€5k€5k▼
Non-recurring operating charges66A€577€0▼
Gross operating margin9900€64k€85k▲
Operating profit (loss)9901€53k€79k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€53k€77k▲
Income taxes67/77€11k€16k▲
Profit (loss) for the period9904€42k€60k▲
Profit (loss) for the period to be appropriated9905€42k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€60k▲
Transfer to equity691/2€42k€60k▲
To other reserves6921€42k€60k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Equity above €500kEq €506k ▲13.5%
7 profitable years in a row build equity to €506k.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €71k ▲0.3%
Operating result €86k, net result €71k, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 9.74
Current ratio from 3.35 to 9.74; short-term debt falls from €106k to €37k.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €13k ▼61.2%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Waregem · 1 establishment unit since 2003
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.
Leiestraat 1338792 WaregemGround area
2,290 m²
Building footprint
190 m²
Volume, LiDAR
924 m³
Parcel 34010A0309/00H002, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALL-ELEC NV
since 20032.123.570.223
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010A0309/00H002 | Flanders | 2,290 m² | 1 · 190 m² | 6.9 m · 2 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.
Similar companies · same sector, comparable size
DDR-SYSTEMS
BE 0454.869.820
Ninove · Eq €506,402
CONSELEC
BE 0894.241.515
Hasselt · Eq €506,124
ALGEMENE ELEKTRICITEITSWERKEN K. VERBEKE
BE 0839.702.472
Wommelgem · Eq €506,101
COSIJNS TECH
BE 0541.976.909
Pajottegem · Eq €505,996
VAN HERZELE KEVIN
BE 0823.515.647
Duffel · Eq €507,051
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 6,456 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-01-2003
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.