Equity
€263,357 ▲ 32.8%
- ELECT has made a profit without a break since 2012.
ANDRE CORNET - ELECT
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1992peak €145,700 (2024)
€131,057▲ 4.3%
lowest -€10,115 (2010)
€65,058▲ 15.4%
peak €395,719 (2019)
€263,357▲ 32.8%
€226,691▼ 25.5%
peak 2.7 FTE (2009)
0.3 FTEunchanged
Board7 names since 2015
-
Owners
Documentsfilings and deeds
25-10-20266 days before the deadline
2026abbreviated format
Equity from €198,299 to €263,357Debts from €304,386 to €226,691Cash from €164,811 to €107,418
Key points
from the 2026 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as ANDRE CORNET - ELECT has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,356 companies, not a prediction for ANDRE CORNET - ELECT. 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
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Signals
Board and ownership
Managing director,
- 100%score equity €441,701 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0445268701
1 director resigning, 3 reappointments
Resignation: · Reappointments: (managing director), ) and · Permanent representative: · General meeting of 05-12-2024 · Gazette deed
Permanent representative:
General meeting of 29-08-2024 · Gazette deed
Registered office moved to Seraing
New registered office: Rue Janson, 22 à 4100 Seraing · Previous registered office: avenue des accasias 46 neupre 4120 · Resignations: (director) and (director) · General meeting of 23-09-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ANDRE CORNET - ELECT Seraing | €490,047 | €131,057 | 53.7% | 0.3 |
| Batteries Products Group Aarschot | €669,452 | €152,566 | 72.5% | 0 |
| ZEROBUILD Mol | €329,165 | €105,256 | 56.3% | 0 |
| MATELEK Liège | €584,566 | €116,071 | 91.8% | 1 |
| ARVA ELEKTRO Westerlo | €875,340 | €193,982 | 66.8% | 0.5 |
| LUDY MACHINERY Mechelen | €305,507 | €72,018 | -66.2% | 0.6 |
| A.C. ATEL ELECTRONICS Wavre | €409,823 | €92,063 | 65.8% | 1.1 |
These companies have the same main activity as - ELECT: wholesale of electrical equipment, including installation materials (NACE 46643). They are comparable in size and age: total assets between €306,000 and €875,000, founded between 1985 and 1994.
Official details
Source: KBO- Status
- Active since 23-09-1991Normal situation
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643and 4 others
- Joint committee
- 201Independent retail · annual accounts 31-03-2026
- Establishment unit
- 2.054.736.0534100 Seraing, since 28-10-1991
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2026
Annual accounts to 31-03-2026
- €490,047▼ 2.5%
- Filing
- Filed on 25-10-2026, 6 days before the end of the filing period
Insights on ANDRE CORNET - ELECT
- ELECT files the abbreviated format. That format states no turnover. The gross margin fell from €142,824 in 2007 to €131,057 in 2026.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ANDRE CORNET - ELECT
- What is the company number of ANDRE CORNET - ELECT?
- The company number of - ELECT is 0445.268.701. The VAT number is the same number with BE in front: BE 0445.268.701.
- Where is ANDRE CORNET - ELECT based?
- The registered office is at Rue Janson 22, 4100 Seraing.Company details
- What does ANDRE CORNET - ELECT do?
- According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
- What is the legal form of ANDRE CORNET - ELECT?
- - ELECT is a public limited company (NV).
- When was ANDRE CORNET - ELECT founded?
- - ELECT was founded on 23-09-1991.
- Is ANDRE CORNET - ELECT still active?
- Yes, - ELECT is an active enterprise in the KBO register.
- How many employees does ANDRE CORNET - ELECT have?
- - ELECT had an average of 0.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does ANDRE CORNET - ELECT fall under?
- In its 31-03-2026 annual accounts, - ELECT states joint committee 201 (Independent retail).
- What is the turnover of ANDRE CORNET - ELECT?
- The turnover in financial year 2026 is ≈ €670,000. This figure is estimated from the gross margin of €131,057 and 102 comparable companies (NACE 46). It probably lies between €320,000 and €1.2m.
- Is ANDRE CORNET - ELECT profitable?
- In financial year 2026, - ELECT made a profit of €65,058.
- Where can I find the annual accounts of ANDRE CORNET - ELECT?
- - ELECT filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of ANDRE CORNET - ELECT due?
- - ELECT must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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