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B & S ELEKTRO

Active
Private limited companyfounded 2004active for 22 yearsZultseweg 28, 8790 Waregem, BelgiumKBO/BCE: BE 0864.357.991
Summary

B & S ELEKTRO has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,171 and a net result of -€7,409. Equity has been growing by about 9.5% per year since 2018. Its solvency ranks better than 22% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 29-03-2004 Normal situation
Activity
Specialised construction activities NACE 43130and 2 others
Establishment unit
2.136.376.795 8790 Waregem, since 29-03-2004
Financial year end
31 December
Peppol
Reachable since 28-09-2025

Board and ownership

Board

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€12,809
▼ 19.0%
Turnover
≈ €120,000
estimated
Loss
€7,409
▲ 362%
Equity
€22,171
▼ 25.0%
Total assets
€108,615
▼ 19.6%
  • 2025 accounts filed 27 days after the deadline
Filed on 27-08-2026
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Loss of €7,409, the second in a row (financial year 2025)lowers riskFounded in 2004Size: total assets €108,615Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 16% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 45-2
equity 20.4% of total assets
Liquidity 20-2
short-term debt 61.9% · cash 1.9%
Profitability 19-10
return on assets -6.8%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%▼ -0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 0.6%▼ -0.5 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.8%▼ -0.3 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (1.27 in 2024), below the usual 1.5. Short-term debt is 61.9% and cash 1.9% of total assets. 79.6% of the assets are financed with debt and provisions.
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 22% of them on solvency, 11% on liquidity, 14% on profitability and 16% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Seven signals.
lowers riskraises risk
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Loss of €7,409, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €108,615
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€7,409
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 22%
← weakest strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
28 days late
2023
23 days late
2022
30 days late
2021
23 days late
2020
16 days late
2019
87 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 86% of companies in specialised constructionsector median €10,227 · 34,889 companies -€7,409 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€7,409 View

Recent changes

  1. · Gazette deed Changes of role: Debosschere Nico (director) and Struyve Peter (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as B & S ELEKTRO: specialised construction activities (NACE 43130). They are comparable in size and age: total assets between €84,900 and €178,000, founded between 1996 and 2010.

CompanyTotal assetsGross margin
B & S ELEKTRO Waregem€108,615€12,809
DETECTE-FUITE Estaimpuis€128,680€14,131
DIABOOR Brugge€84,914€15,295
AD SYSTEM Ciney€87,813€12,807
LEGDEN Seneffe€178,317€16,241
BLANCQSTRA GEO-ADVIES Bornem€113,034€23,958
EJP Hechtel-Eksel€124,809€28,923
Full comparison

Key facts about B & S ELEKTRO

What is the company number of B & S ELEKTRO?
The company number of B & S ELEKTRO is 0864.357.991. The VAT number is the same number with BE in front: BE 0864.357.991.
Where is B & S ELEKTRO based?
The registered office is at Zultseweg 28, 8790 Waregem.Company details
What does B & S ELEKTRO do?
According to the KBO register, the main activity is specialised construction activities (NACE 43130).
What is the legal form of B & S ELEKTRO?
The legal form of B & S ELEKTRO is Private limited company (BV).
When was B & S ELEKTRO founded?
B & S ELEKTRO was founded on 29-03-2004.
Is B & S ELEKTRO still active?
Yes, B & S ELEKTRO is an active enterprise in the KBO register.
What is the turnover of B & S ELEKTRO?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €12,809 and 42 comparable companies (NACE 431). It probably lies between €59,000 and €200,000. It is a rough estimate.Financials
Is B & S ELEKTRO profitable?
In financial year 2025, B & S ELEKTRO made a loss of €7,409.
Where can I find the annual accounts of B & S ELEKTRO?
B & S ELEKTRO filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of B & S ELEKTRO due?
B & S ELEKTRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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