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BASKAN ELEC

Active
Private limited companyfounded 20233 yrs activeGanzenweidestraat 151, 1130 Brussel, BelgiumKBO/BCE: BE 0795.682.486
Summary

The computed 12-month bankruptcy probability of BASKAN ELEC is 5.1% (elevated). The 2025 annual accounts show equity of €45,897 and a net result of -€1,377. Equity is shrinking by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 30651 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
BASKAN ELECActiveChecked score 59/100
Risk analysis ReportCompare

Overview

What they do
General electrical installation work
NACE 43211
1 site
How big
€92,586total assets 2025
Equity
€45,897
Loss
-€1,377
Turnover not published (abridged schema)
Financially healthy?
59 Fair Checked score 2025
Bankruptcy chance 12 m
5.1%
Who decides
Accounts 57 d early0 of 1 deed read
Why 59- Limited track record- Higher-failure-rate sector- Higher-failure-rate region- Annual accounts: weaker financial profile- Persistent lossesLatest accounts filed on timeShow the evidence

Checked score

Score 2025
59 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+24
Solvency75▲+9
Growth32=
Track record94
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity ample (current ratio 3.31 against 2.04 in 2024; short-term debt: 21.7% and cash: 24.8% of total assets), but 50.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.6%
Return on assets
-1.5%
Age of the figures
9 mo
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
232425
2023 to 2025 · latest year -€1,377
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 04-06-2026, 57 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
57 d early
2024
32 d late
2023
65 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 13 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 1 September (3 of the last 3 filed years within 89 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€15,918

Key points

  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€1,377 View
  • Total assets 20253 fiscal years filed €92,586 View
  • Active since 2023founded 03-01-2023 3 years View

By topic

Financials

Fiscal year
2025
Total assets
€92,586
Loss
-€1,377
Solvency
49.6%
Total assets▼ 19.4%
Net result
20232025
Go to Financials

Timeline

Events
4
Since
2024
Next accounts
by 31-07-2027
  1. 04-06-2026Annual accounts filed
  2. 01-09-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
03-01-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

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