B-ELECTRO
ActiveSummary
B-ELECTRO has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157,303 and a net result of €34,842. Equity has been growing by about 36% per year since 2023. Its solvency ranks better than 31% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-03-2023 Normal situation
- Activity
- General electrical installation work NACE 43211and 5 others
- Establishment unit
- 2.342.863.467 8530 Harelbeke, since 16-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 24-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.4%
- Gross margin
- €81,451
- ▼ 10.1%
- Turnover
- ≈ €320,000
- estimated
- Profit
- €34,842
- ▼ 35.7%
- Equity
- €157,303
- ▲ 28.5%
- Total assets
- €532,938
- ▲ 6.3%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts late1 change of registered office in 24 monthsFounded in 2023lowers riskLiquidity: current ratio 0.93, cash €104,936Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 31% of them on solvency, 49% on liquidity, 53% on profitability and 74% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 58 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00503352.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 24% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €18,361 | €275,265 | €63,384 |
| Intangible fixed assets | €1 | - | - |
| Depreciation and write-downs of the year | €4,827 | €13,003 | €21,612 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €10,044 awarded · €10,044 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €2,550 | €2,550 |
| 2023 | 1 | €7,494 | €7,494 |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,827 | €13,003 | €21,612 | ▲ 66.2% |
| Other operating charges640/8 | €921 | €610 | €1,235 | ▲ 102% |
| Gross operating margin9900 | €97,923 | €90,596 | €81,451 | ▼ 10.1% |
| Operating profit (loss)9901 | €92,176 | €76,983 | €58,604 | ▼ 23.9% |
| Financial income75/76B | €2,554 | €3,656 | €3,058 | ▼ 16.3% |
| Recurring financial income75 | €2,554 | €3,656 | €3,058 | ▼ 16.3% |
| Financial charges65/66B | €3,920 | €7,182 | €10,449 | ▲ 45.5% |
| Recurring financial charges65 | €3,920 | €7,182 | €10,449 | ▲ 45.5% |
| Profit (loss) for the period before taxes9903 | €90,810 | €73,456 | €51,213 | ▼ 30.3% |
| Income taxes67/77 | €28,549 | €19,256 | €16,372 | ▼ 15.0% |
| Profit (loss) for the period9904 | €62,260 | €54,201 | €34,842 | ▼ 35.7% |
| Profit (loss) for the period to be appropriated9905 | €62,260 | €54,201 | €34,842 | ▼ 35.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €120,413 | €501,448 | €532,938 | ▲ 6.3% |
| Formation expenses20 | - | - | €0 | - |
| Fixed assets21/28 | €14,613 | €276,875 | €318,647 | ▲ 15.1% |
| Intangible fixed assets21 | €1 | €1 | €1 | = |
| Tangible fixed assets22/27 | €14,612 | €276,874 | €318,646 | ▲ 15.1% |
| Land and buildings22 | - | €242,967 | €232,946 | ▼ 4.1% |
| Plant, machinery and equipment23 | €2,175 | €6,963 | €9,694 | ▲ 39.2% |
| Furniture and vehicles24 | €12,437 | €26,945 | €76,006 | ▲ 182% |
| Current assets29/58 | €105,801 | €224,573 | €214,291 | ▼ 4.6% |
| Stocks and contracts in progress3 | €7,130 | €6,464 | €9,837 | ▲ 52.2% |
| Stocks30/36 | €7,130 | €6,464 | €9,837 | ▲ 52.2% |
| Amounts receivable within one year40/41 | €44,453 | €141,889 | €95,334 | ▼ 32.8% |
| Trade receivables40 | €39,525 | €132,373 | €74,668 | ▼ 43.6% |
| Other amounts receivable41 | €4,928 | €9,516 | €20,666 | ▲ 117% |
| Cash at bank and in hand54/58 | €51,139 | €73,333 | €104,936 | ▲ 43.1% |
| Deferred charges and accrued income490/1 | €3,079 | €2,887 | €4,183 | ▲ 44.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €120,413 | €501,448 | €532,938 | ▲ 6.3% |
| Equity10/15 | €68,260 | €122,461 | €157,303 | ▲ 28.5% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €55,000 | €100,000 | €130,000 | ▲ 30.0% |
| Distributable reserves133 | €55,000 | €100,000 | €130,000 | ▲ 30.0% |
| Profit (loss) carried forward14 | €7,260 | €16,461 | €21,303 | ▲ 29.4% |
| Amounts payable17/49 | €52,153 | €378,987 | €375,635 | ▼ 0.9% |
| Amounts payable after more than one year17 | - | €153,125 | €144,349 | ▼ 5.7% |
| Financial debts170/4 | - | €153,125 | €144,349 | ▼ 5.7% |
| Amounts payable within one year42/48 | €52,153 | €225,862 | €231,286 | ▲ 2.4% |
| Current portion of amounts payable after more than one year42 | - | €8,449 | €8,776 | ▲ 3.9% |
| Trade debts44 | €8,053 | €51,786 | €74,817 | ▲ 44.5% |
| Suppliers440/4 | €8,053 | €51,786 | €74,817 | ▲ 44.5% |
| Taxes, remuneration and social security45 | €31,999 | €55,205 | €18,322 | ▼ 66.8% |
| Taxes450/3 | €30,499 | €51,705 | €18,322 | ▼ 64.6% |
| Remuneration and social security454/9 | €1,500 | €3,500 | €0 | ▼ 100% |
| Other amounts payable47/48 | €12,101 | €110,423 | €129,372 | ▲ 17.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,260 | €54,201 | €34,842 | ▼ 35.7% |
| + Depreciation and write-downs630 | €4,827 | €13,003 | €21,612 | ▲ 66.2% |
| Operating cash flow (approximation) | €67,087 | €67,204 | €56,454 | ▼ 16.0% |
| Investment in fixed assets (approximation) | - | -€275,265 | -€63,384 | ▲ 77.0% |
| Change in cash | - | €22,194 | €31,603 | ▲ 42.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,602 companies had the same profile as B-ELECTRO has now. Two years later, 96.6% were still going and 2.3% had gone bankrupt.
- Small
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of B-ELECTRO itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 1,602 companies, not a prediction for B-ELECTRO. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- Bekaert Baptist 100 shares · €6,000 in cash
- BEKAERT Baptist 100 shares (100%) · €5,000
Capital transactions
- 20-03-2023 Incorporation · €5,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, algemene vergadering kan mandaat steeds beëindigen wegens wettige reden,zonder opzeggingstermijn of vertrekvergoeding”
Articles of association, deed of 20-03-2023 (in Dutch)
Network & group
B-ELECTRO shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of B-ELECTRO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
02-03
Gazette deed
Registered office moved from Dadizele to Beveren-LeieNew seat: Kleine Heerweg 23, 8791 Beveren-Leie · Previous seat: Azalealaan 63 8890 Dadizele · Director in office3 points ▸
- General meeting, 28-01-2026
- Registered-office move, Kleine Heerweg 23, 8791 Beveren-Leie
- Director in office, Bekaert Baptist (director)
23-07
Gazette deed
MiscellaneousCorrection · Capital contribution2 points ▸
- Correction, “vierde bepaling oprichtingsakte de dato 2023-03-15 en bankattest AXA Bank de dato 2023-03-10, MATERIËLE VERGISSING” (deed in Dutch)
- Capital contribution, €6,000
20-03
Gazette deed
IncorporationStarting capital €5,000 · Appointment: BEKAERT Baptist (statutory director) · Founder8 points ▸
- Incorporation, “B-ELECTRO” (deed in Dutch)
- Founder, BEKAERT Baptist
- Founding capital, €5,000
- Bank account, “BE42 7512 1233 4454, deponering inbrengen” (deed in Dutch)
- Director appointment, BEKAERT Baptist (statutory director), mentioned 2 times in the deed
- Other provision, “eerste boekjaar”, 31-12-2023 (deed in Dutch)
- Other provision, “zeteladres, Azalealaan 63,8890 MOORSLEDE-DADIZELE” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten ondernomen sinds 2022-10-01” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
B-ELECTRO was incorporated on 16 March 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Beveren-Leie in 2026.3 Since 2023, BEKAERT Baptist has served as statutory director.4 Total assets rose from €120,413 in 2023 to €532,938 in 2025.5
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Azalealaan 63, 8890 Dadizele until the act of 02-03-2026
Activities
NACEBEL 2025Codes under NACEBEL 2008
9 activities
- Uitvoeren van isolatiewerkzaamheden,elektrische werkzaamheden,werken aan verwarmingsinstallaties,sanitaire werkzaamheden,ventilatiewerkzaamheden,werken aan bewakingssystemen en loodgieterswerkzaamheden zowel voor eigen rekening als voor rekening van derden en dit zowel voor bedrijven,overheden als particulieren;
- Handelsbemiddeling in elektrisch en elektronisch materiaal,inclusief installatiemateriaal voor industrieel gebruik;
- Handelsbemiddeling in loodgietersmateriaal,elektrisch installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties;
- Groot- en kleinhandel in elektrisch materiaal,inclusief installatiemateriaal,verlichtingsartikelen en –apparatuur,elektrische huishoudapparaten,audio- en videoapparatuur,camerasystemen voor bewaking,bouwmaterialen en alle andere mogelijke goederen;
- Exploitatie van bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen in de ruimste zin van het woord.
- Verhuur van roerende goederen voor gebruik in de bouwsector;
- Vervaardiging,import en export,groot- en kleinhandel en handelsbemiddeling,met inbegrip van plaatsing en onderhoud,van en in: al dan niet elektrische panelen voor het opvangen van zonne-energie,zonneboilers,windmolens,door windkracht aangedreven motoren en turbines en alle andere materialen en onderdelen voor energieopwekking;
- Import en export,groot- en kleinhandel en handelsbemiddeling van en in: oplaadpalen en alle toebehoren zoals batterijen,inclusief plaatsing en onderhoud van deze laadinstallaties voor elektrisch aangedreven voertuigen;
- Verlenen van adviezen aan derden,al dan niet actief in de bouwsector;
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0799.580.403
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34006A0217/00V000 | Flanders | 531 m² | 1 · 87 m² | 8.3 m · 2 |
| 34323D1739/00C006 | Flanders | 273 m² | - | - |