AY-Electriciens
ActiveAY-Electriciens has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €2k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-12
Solvency69▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.36 in 2023; short-term debt: 36.1% and cash: 8.5% of total assets), but 56.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43.9%
Return on assets
1.8%
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 31-08-2025, 31 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
92 d late
2022
129 d late
2021
99 d late
2020
109 d late
2019
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 4.3%
2023 · €54k
2018: €24k
2019: €30k
2020: €30k
2021: €31k
2022: €39k
2023: €54k
2018 → 2024
Total assets
€128k▲ 0.6%
2023 · €127k
2018: €63k
2019: €45k
2020: €49k
2021: €45k
2022: €89k
2023: €127k
2018 → 2024
Net result
€2k▼ 83.8%
2023 · €14k
2018: €18k
2019: €6k
2020: €-85
2021: €975
2022: €8k
2023: €14k
2018 → 2024
Working capital
€35k▲ 100%
2023 · €17k
2018: €23k
2019: €30k
2020: €30k
2021: €31k
2022: €15k
2023: €17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€30k-€31k▲ 3.2%€39k▲ 25.8%€54k▲ 36.4%€56k▲ 4.3%
Operating result€234-€1k▲ 408%€12k▲ 896%€27k▲ 129%€6k▼ 79.5%
Net result€-85-€975€8k▲ 730%€14k▲ 77.6%€2k▼ 83.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 80% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128k
Fixed assets
€47k▼ 23.3%
Current assets
€81k▲ 23.1%
Equity and liabilities €128k
Equity
€56k▲ 4.3%
Debt
€72k▼ 2.1%
The debt ratio falls from 57.7% to 56.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▼
2023 · €38k
Cash flow
€18k▼
2023 · €26k
Solvency
43.9%▲
2023 · 42.3%
Current ratio
1.75▲
2023 · 1.36
Quick ratio
1.74▲
2023 · 1.35
Debt / equity
1.28▼
2023 · 1.36
ROE
4.1%▼
2023 · 26.7%
ROA
1.8%▼
2023 · 11.3%
Interest coverage
36.10▼
2023 · 54.44
Debt
€72k▼
2023 · €73k
Debt ≤ 1 year
€46k▼
2023 · €48k
Debt > 1 year
€25k=
2023 · €25k
Income taxes
€3k▼
2023 · €12k
Staff costs
€111k▲
2023 · €66k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€127k€128k▲
Fixed assets21/28€62k€47k▼
Tangible fixed assets22/27€62k€47k▼
Plant, machinery and equipment23€748€374▼
Furniture and vehicles24€61k€47k▼
Current assets29/58€66k€81k▲
Stocks and contracts in progress3€475€475=
Stocks30/36€475€475=
Amounts receivable within one year40/41€53k€69k▲
Trade receivables40€32k€67k▲
Other amounts receivable41€21k€2k▼
Cash at bank and in hand54/58€12k€11k▼
Equity and liabilities
Total equity and liabilities10/49€127k€128k▲
Equity10/15€54k€56k▲
Contributions10/11€6k€6k=
Reserves13€40k€40k=
Non-distributable reserves130/1€320€320=
Other1319€320€320=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€7k€10k▲
Amounts payable17/49€73k€72k▼
Amounts payable after more than one year17€25k€25k=
Other amounts payable178/9€25k€25k=
Amounts payable within one year42/48€48k€46k▼
Trade debts44€19k€15k▼
Suppliers440/4€19k€15k▼
Taxes, remuneration and social security45€14k€25k▲
Taxes450/3€9k€15k▲
Remuneration and social security454/9€5k€11k▲
Other amounts payable47/48€16k€6k▼
Accrued charges and deferred income492/3-€580
Income statement
Code20232024
Remuneration, social security and pensions62€66k€111k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€16k▲
Other operating charges640/8-€173
Non-recurring operating charges66A€360€16k▲
Gross operating margin9900€105k€148k▲
Operating profit (loss)9901€27k€6k▼
Financial income75/76B-€45
Recurring financial income75-€45
Financial charges65/66B€705€587▼
Recurring financial charges65€705€587▼
Profit (loss) for the period before taxes9903€26k€5k▼
Income taxes67/77€12k€3k▼
Profit (loss) for the period9904€14k€2k▼
Profit (loss) for the period to be appropriated9905€14k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€10k▼
Profit (loss) brought forward from the previous period14P€7k€7k▲
Transfer to equity691/2€14k-
To the legal reserve6920€14k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 129 days late
2022
07-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 99 days late
2021
31-12
Financial
Back to profitnet €975
Net result €975 after one loss-making year.
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 109 days late
2020
31-12
Financial
Weakest financial yearnet €-85 ▼101%
Net result drops to €-85, the lowest in the series; recovery starts the following year.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Maasmechelen · 1 establishment unit since 2017
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.
Ridderstraat(M) 263630 MaasmechelenGround area
487 m²
Building footprint
91 m²
Volume, LiDAR
579 m³
Parcel 73048B0832/00G003, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AY-Electriciens
since 20172.263.655.148
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048B0832/00G003 | Flanders | 487 m² | 1 · 91 m² | 9.2 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.
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,650 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-2017
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
42220Construction of utility projects for electricity and telecommunications
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.