B&E ELEKTRO
ActiveFrom the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of B&E ELEKTRO is 3.6% (moderate). The 2024 annual accounts show negative equity (-€113,458) and a net result of -€4,127. Equity has been shrinking by about 60% per year since 2018. Its solvency ranks better than 5% of 35,970 sector peers (NACE 43, financial year 2024). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024
- Financial year ended
- 31-12-2024
- Filed on
- 10-10-2025
- Format
- micro format
- Reference
- 2025-00538276
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is a loss of €4,099, after a profit of €209 in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Companies with the same profile, two years later
Historical observationIn July 2024, 6,907 companies had the same profile as B&E ELEKTRO has now. Two years later, 5.8% had gone bankrupt and 85.5% were still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of B&E ELEKTRO itself: 3.6% within 12 months.
Test of the method
The method was tested on the 497,445 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 6,907 companies, not a prediction for B&E ELEKTRO. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €5,629 | - |
| Remuneration, social security and pensions62 | - | - | - | €14,809 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,503 | €12,118 | €11,851 | €8,721 | €8,721 | €0 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €13,155 | -€13,155 | €0 | - |
| Other operating charges640/8 | - | - | - | €3,170 | €6,610 | €13,165 | €0 | ▼ 100% |
| Non-recurring operating charges66A | - | - | - | - | - | €4,151 | €0 | ▼ 100% |
| Gross operating margin9900 | €38,596 | €28,106 | €29,643 | €15,698 | -€14,287 | €4,370 | -€4,099 | - |
| Operating profit (loss)9901 | -€21,657 | -€30,079 | -€11,154 | -€11,002 | -€42,772 | €209 | -€4,099 | - |
| Financial income75/76B | - | - | - | €131 | €382 | €0 | - | - |
| Recurring financial income75 | €566 | €954 | €1,296 | €131 | €382 | €0 | - | - |
| Financial charges65/66B | - | - | - | €4,727 | €23,194 | €3,396 | €27 | ▼ 99.2% |
| Recurring financial charges65 | €3,675 | €5,666 | €9,149 | €4,727 | €23,194 | €655 | €27 | ▼ 95.8% |
| Non-recurring financial charges66B | - | - | - | - | - | €2,741 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | -€24,767 | -€34,791 | -€19,007 | -€15,597 | -€65,583 | -€3,187 | -€4,127 | ▼ 29.5% |
| Income taxes67/77 | €255 | €277 | €203 | €212 | €0 | - | - | - |
| Profit (loss) for the period9904 | -€25,022 | -€35,069 | -€19,211 | -€15,809 | -€65,583 | -€3,187 | -€4,127 | ▼ 29.5% |
| Profit (loss) for the period to be appropriated9905 | -€25,022 | -€35,069 | -€19,211 | -€15,809 | -€65,583 | -€3,187 | -€4,127 | ▼ 29.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €161,682 | €163,801 | €142,622 | €138,379 | €81,503 | €6,808 | €91 | ▼ 98.7% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €102,286 | €101,210 | €89,359 | €78,023 | €69,303 | €0 | - | - |
| Intangible fixed assets21 | €400 | €200 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €101,886 | €101,010 | €89,359 | €78,023 | €69,303 | €0 | - | - |
| Land and buildings22 | - | - | - | €75,952 | €68,357 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €340 | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | - | €1,731 | €946 | €0 | - | - |
| Financial fixed assets28 | €0 | - | - | - | - | - | - | - |
| Current assets29/58 | €59,396 | €62,591 | €53,264 | €60,355 | €12,200 | €6,808 | €91 | ▼ 98.7% |
| Stocks and contracts in progress3 | €25,691 | €21,427 | €22,096 | €11,900 | €0 | - | - | - |
| Stocks30/36 | - | - | - | €11,900 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €28,909 | €39,366 | €23,830 | €45,179 | €11,724 | €6,777 | €88 | ▼ 98.7% |
| Trade receivables40 | - | - | - | €44,294 | €5,441 | €5,500 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €885 | €6,283 | €1,277 | €88 | ▼ 93.1% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €6 | €6 | €4,325 | €6 | €0 | €31 | €3 | ▼ 88.8% |
| Deferred charges and accrued income490/1 | - | - | - | €3,270 | €477 | €0 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €161,682 | €163,801 | €142,622 | €138,379 | €81,503 | €6,808 | €91 | ▼ 98.7% |
| Equity10/15 | €29,528 | -€5,541 | -€24,751 | -€40,560 | -€106,144 | -€109,331 | -€113,458 | ▼ 3.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €9,068 | -€26,001 | -€45,211 | -€61,020 | -€126,604 | -€129,791 | -€133,918 | ▼ 3.2% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €132,154 | €169,342 | €167,374 | €178,939 | €187,647 | €116,139 | €113,549 | ▼ 2.2% |
| Amounts payable after more than one year17 | €98,648 | €94,116 | €85,266 | €78,303 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €78,303 | €0 | - | - | - |
| Amounts payable within one year42/48 | €33,316 | €74,846 | €82,107 | €100,636 | €187,647 | €116,139 | €113,549 | ▼ 2.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,418 | €0 | - | - | - |
| Financial debts43 | - | - | - | €52,367 | €3,550 | €3,550 | €3,550 | = |
| Credit institutions430/8 | - | - | - | €50,367 | €0 | - | - | - |
| Other loans439 | - | - | - | €2,000 | €3,550 | €3,550 | €3,550 | = |
| Trade debts44 | €13,070 | €30,580 | €12,510 | €20,625 | €20,663 | €5,730 | €233 | ▼ 95.9% |
| Suppliers440/4 | - | - | - | €20,625 | €20,663 | €5,730 | €233 | ▼ 95.9% |
| Advances received on contracts in progress46 | - | - | - | €11,000 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €9,226 | €3,773 | €0 | €481 | - |
| Taxes450/3 | - | - | - | €5,030 | €3,306 | €0 | €481 | - |
| Remuneration and social security454/9 | - | - | - | €4,195 | €467 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | - | €159,661 | €106,858 | €109,285 | ▲ 2.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,022 | -€35,069 | -€19,211 | -€15,809 | -€65,583 | -€3,187 | -€4,127 | ▼ 29.5% |
| + Depreciation and write-downs630 | €10,503 | €12,118 | €11,851 | €8,721 | €8,721 | €0 | - | - |
| Operating cash flow (approximation) | -€14,519 | -€22,950 | -€7,359 | -€7,088 | -€56,863 | -€3,187 | -€4,127 | ▼ 29.5% |
| Investment in fixed assets (approximation) | - | -€11,043 | €0 | €2,615 | €0 | €69,303 | - | - |
| Change in cash | - | €0 | €4,319 | -€4,319 | -€6 | €31 | -€27 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 10-10-2025 | 2025-00538276 | |
| 31-12-2023 | micro format | 10-09-2024 | 2024-00463161 | |
| 31-12-2022 | micro format | 26-09-2023 | 2023-00459357 | |
| 31-12-2021 | micro format | 19-05-2022 | 2022-20037630 | |
| 31-12-2020 | micro format | 29-06-2021 | 2021-26500154 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-23600416 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-58500298 | |
| 31-12-2017 | micro format | 09-07-2018 | 2018-32800208 | |
| 31-12-2016 | micro format | 02-08-2017 | 2017-41200340 | |
| 31-12-2015 | abbreviated format | 24-08-2016 | 2016-48300476 |
Comparable companies
These companies have the same main activity as B&E ELEKTRO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €25 and €712, founded between 1998 and 2022.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| B&E ELEKTRO Sint-Truiden | 2012 | €91 | -€113,458 | -€4,099 | -€4,127 | 2024 |
| ELTB Beveren-Kruibeke-Zwijndrecht | 2020 | €25 | -€7,093 | -€8,241 | -€31,055 | 2025 |
| VEKA-TECHNIEK Gent | 2002 | €494 | -€14,518 | €0 | -€662 | 2025 |
| AMPERIUS Ham-sur-Heure-Nalinnes | 2022 | €432 | -€2,077 | -€2,921 | -€4,629 | 2025 |
| S.E.K.O Gent | 2000 | €386 | -€74,313 | - | - | 2025 |
| AB AND CO INTERNATIONAL Namur | 2001 | €712 | -€85,706 | -€7,152 | -€36,793 | 2025 |
| Kempische Security Systems Puurs-Sint-Amands | 1998 | €708 | -€2,252 | -€314 | -€788 | 2025 |
They were chosen from the 10,240 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.