B.E.ST ELECTRONICS BELGIUM
ActiveB.E.ST ELECTRONICS BELGIUM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €957k and a net result of €234k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 30% of 9037 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+2
Solvency51▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.58 in 2023; short-term debt: 12.7% and cash: 8.9% of total assets), but 74% 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 · 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
26%
Return on assets
6.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
57 d early
2022
47 d early
2021
44 d early
2020
53 d early
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€957k▲ 32.4%
2023 · €722k
2018: €319k
2019: €371k
2020: €444k
2021: €538k
2022: €584k
2023: €722k
2018 → 2024
Total assets
€3.68M▲ 24.7%
2023 · €2.95M
2018: €545k
2019: €550k
2020: €1.57M
2021: €1.77M
2022: €2.12M
2023: €2.95M
2018 → 2024
Net result
€234k▲ 68.9%
2023 · €139k
2018: €90k
2019: €52k
2020: €73k
2021: €88k
2022: €45k
2023: €139k
2018 → 2024
Working capital
€331k▲ 32.2%
2023 · €250k
2018: €160k
2019: €204k
2020: €439k
2021: €182k
2022: €-15k
2023: €250k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€444k-€538k▲ 21.3%€584k▲ 8.4%€722k▲ 23.8%€957k▲ 32.4%
Operating result€105k-€140k▲ 33.4%€65k▼ 53.9%€272k▲ 321%€404k▲ 48.7%
Net result€73k-€88k▲ 20.6%€45k▼ 48.5%€139k▲ 206%€234k▲ 68.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 49% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.68M
Fixed assets
€2.89M▲ 27.2%
Current assets
€798k▲ 16.7%
Equity and liabilities €3.68M
Equity
€957k▲ 32.4%
Debt
€2.73M▲ 22.3%
The debt ratio falls from 75.5% to 74.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€559k▲
2023 · €371k
Cash flow
€389k▲
2023 · €238k
Solvency
26.0%▲
2023 · 24.5%
Current ratio
1.71▲
2023 · 1.58
Quick ratio
1.66▲
2023 · 1.51
Debt / equity
2.85▼
2023 · 3.09
ROE
24.5%▲
2023 · 19.2%
ROA
6.4%▲
2023 · 4.7%
Interest coverage
12.36▲
2023 · 12.33
Debt
€2.73M▲
2023 · €2.23M
Debt ≤ 1 year
€467k▲
2023 · €433k
Debt > 1 year
€2.26M▲
2023 · €1.80M
Income taxes
€125k▲
2023 · €103k
Staff costs
€732k▲
2023 · €551k
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€2.95M€3.68M▲
Fixed assets21/28€2.27M€2.89M▲
Tangible fixed assets22/27€2.27M€2.89M▲
Land and buildings22€2.16M€2.60M▲
Plant, machinery and equipment23€17k€13k▼
Furniture and vehicles24€90k€272k▲
Current assets29/58€684k€798k▲
Stocks and contracts in progress3€28k€23k▼
Stocks30/36€28k€23k▼
Amounts receivable within one year40/41€636k€445k▼
Trade receivables40€293k€383k▲
Other amounts receivable41€342k€61k▼
Cash at bank and in hand54/58€20k€330k▲
Equity and liabilities
Total equity and liabilities10/49€2.95M€3.68M▲
Equity10/15€722k€957k▲
Contributions10/11€20k€20k=
Reserves13€674k€908k▲
Tax-exempt reserves132€10k€10k=
Distributable reserves133€664k€899k▲
Profit (loss) carried forward14€29k€29k=
Amounts payable17/49€2.23M€2.73M▲
Amounts payable after more than one year17€1.80M€2.26M▲
Financial debts170/4€1.80M€2.26M▲
Amounts payable within one year42/48€433k€467k▲
Current portion of amounts payable after more than one year42€112k€135k▲
Trade debts44€114k€65k▼
Suppliers440/4€114k€65k▼
Taxes, remuneration and social security45€116k€191k▲
Taxes450/3€70k€172k▲
Remuneration and social security454/9€47k€19k▼
Other amounts payable47/48€91k€76k▼
Income statement
Code20232024
Remuneration, social security and pensions62€551k€732k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€155k▲
Other operating charges640/8€8k€11k▲
Gross operating margin9900€930k€1.30M▲
Operating profit (loss)9901€272k€404k▲
Financial income75/76B-€300
Recurring financial income75-€300
Financial charges65/66B€30k€45k▲
Recurring financial charges65€30k€45k▲
Profit (loss) for the period before taxes9903€242k€359k▲
Income taxes67/77€103k€125k▲
Profit (loss) for the period9904€139k€234k▲
Profit (loss) for the period to be appropriated9905€139k€234k▲
Appropriation of the result
Profit (loss) to be appropriated9906€168k€263k▲
Profit (loss) brought forward from the previous period14P€29k€29k=
Transfer to equity691/2€139k€234k▲
To other reserves6921€139k€234k▲
Social balance
Average headcount (FTE)90878.910.4▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €234k ▲68.9%
Operating result €404k, net result €234k, both a record.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €45k ▼48.5%
Net result drops to €45k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €538k ▲21.3%
4 profitable years in a row build equity to €538k.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-06
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
1 act for this company is 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, Malle · 3 establishment units since 2006
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.
Oude Meirstraat 172390 MalleGround area
1.5 ha
Building footprint
3,386 m²
Volume, LiDAR
10,083 m³
3 parcels, Flanders · tallest building 17.5 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
B.E.ST Electronics Belgium
since 20062.156.187.957
B.E.ST Electronics Belgium
since 20252.387.368.948
B.E.ST Electronics Belgium
since 20252.387.369.047
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24002I0007/00Y002 | Flanders | 1.1 ha | 1 · 2,648 m² | 17.5 m |
| 11032D0330/00B000 | Flanders | 2,474 m² | 1 · 267 m² | 10.2 m · 2 fl. |
| 13004E0166/00A005 | Flanders | 1,260 m² | 1 · 472 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
2024 to 2025 · 2 entries · 1,145 EUR awarded · 1,145 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 669 EUR | 975 EUR |
| 2024 | 1 | 476 EUR | 170 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 4,796 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2006
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
46643Wholesale of electrical equipment, including installation materials
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.