Financials
- Fiscal year
- 2025
- Turnover
- €77,116
- Profit
- €9,600
- Solvency
- -130.9%
Turnover▲ 16.1%
Net result
20182025
B.V. ELEC
ActiveSummary
B.V. ELEC has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€42,312) and a net result of €9,600. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9534 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
General electrical installation work
NACE 43211NACE 45310
1 site
Size
€77,116turnover 2025
- Equity
- -€42,312
- Profit
- €9,600
Structure
Accounts 32 d early
Why 54Capped at 59: negative equity- Negative equity -€42,312- Liquidity: current ratio 0.28+ Size: turnover €77,116, total assets €32,322+ Founded in 2004Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 34% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -130.9% of total assets
Liquidity
0=
short-term debt 154.0%
Profitability
84+69
return on assets 29.7%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.2%
12-2024: 3.2%● 0.0% vs 11-2024
01-2025: 3.2%▲ +1.9% vs 12-2024
02-2025: 3.2%● 0.0% vs 01-2025
03-2025: 3.2%▼ -0.6% vs 02-2025
04-2025: 3.3%▲ +2.7% vs 03-2025highest value
05-2025: 3.2%▼ -2.8% vs 04-2025
06-2025: 3.0%▼ -5.8% vs 05-2025
07-2025: 3.1%▲ +1.3% vs 06-2025
08-2025: 3.1%● 0.0% vs 07-2025
09-2025: 3.1%● 0.0% vs 08-2025
10-2025: 3.1%● 0.0% vs 09-2025
11-2025: 3.1%● 0.0% vs 10-2025
12-2025: 3.1%● 0.0% vs 11-2025
01-2026: 3.1%▲ +1.9% vs 12-2025
02-2026: 3.1%● 0.0% vs 01-2026
03-2026: 3.1%● 0.0% vs 02-2026
04-2026: 3.2%▲ +2.7% vs 03-2026
05-2026: 3.1%▼ -2.7% vs 04-2026
06-2026: 2.9%▼ -7.8% vs 05-2026
07-2026: 1.0%▼ -65.2% vs 06-2026lowest value
08-2026: 1.0%▲ +1.5% vs 07-2026
09-2026: 1.0%● 0.0% vs 08-2026
10-2026: 1.0%● 0.0% vs 09-2026
- Size: turnover €77,116, total assets €32,322 lowers the probability for this profile
- Negative equity -€42,312 raises the probability
- Founded in 2004 lowers the probability for this profile
- Liquidity: current ratio 0.28 raises the probability
No credit on open account
Liquidity short (current ratio 0.28 against 0.41 in 2024; short-term debt: 154% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 3%, liquidity 1%, profitability 66%, growth against the median 67%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9534 sector peers (2025).
NBB · sector comparisonPosition among 9534 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
64 d early
2023
4 d early
2022
39 d late
2021
5 d late
2020
146 d late
2019
511 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 86 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 July (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Back to profitnet €9,600
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 29-06-2026Annual accounts filed
- 31-12-2025Back to profit
- 28-05-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General electrical installation workNACE 43211
- Founded
- 28-05-2004
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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