Belectro
ActiveSummary
Belectro has been active since 1969 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €409,565 and a net result of -€63,800. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 45% of 146 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Manufacture of computer, electronic and optical products
NACE 26400General electrical installation work NACE 43211
3rd oldest company in Etterbeek, Manufacturing sector1 site
Size
≈ €1.1mturnover 2025, estimated
- Staff
- ≈ 6.3 FTE, estimated
- Equity
- €409,565
- Loss
- -€63,800
Turnover estimated from the gross margin
Why 69raises riskLast filed accounts filed 42 days late; 3 of the last 3 lateLoss of €63,800 (financial year 2025)Liquidity: current ratio 1.59, cash €55,116lowers riskSize: total assets €1.0mShow the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 26% of its sector peers (NACE 26, micro)
Financial strength · tick = 2024
Weak
Solvency
66-11
equity 40.8% of total assets
Liquidity
26-9
short-term debt 59.2% · cash 5.5%
Profitability
11-60
return on assets -6.4%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.4%▲ +0.1 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.5%▲ +0.1 percentage points vs 11-2025
01-2026: 1.1%▲ +0.6 percentage points vs 12-2025
02-2026: 1.0%▼ -0.1 percentage points vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 0.9%▼ -0.1 percentage points vs 04-2026
06-2026: 0.8%▼ -0.1 percentage points vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.4%▲ +0.5 percentage points vs 07-2026
09-2026: 1.5%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.6%▼ -0.9 percentage points vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.59, compared with 1.97 in 2024, above the usual 1.5; short-term debt: 59.2% and cash: 5.5% of total assets), but 59.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 26, micro): better than 43% on solvency, 17% on liquidity, 24% on profitability and 21% on growth.
The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 42 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 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 filingsDeviation from the deadline
2025
42 days late
2024
161 days late
2023
61 days late
2022
122 days late
2021
89 days late
2020
31 days late
2019
122 days 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 90 days after the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% 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 28 October (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Weakest financial yearnet -€63,800
Financials · financial year 2025, abbreviated format
In the rankings
#3 oldest company in Etterbeek, Manufacturing sector#6 company by equity in Etterbeek, Manufacturing sector#10 company by total assets in Etterbeek, Manufacturing sector
2025 annual accounts filed late (42 days) Filed on 11 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00510941.
Turnover
≈ €1.1m
Estimated: probably between €660,000 and €1.9m
EBIT margin
Not included in this filing
Net result
-€63,800
2024 · €15,224
Working capital
€347,255▼ 29.3%
2024 · €490,993
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €57,625 after €26,909 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.06m
2025
Net result-€0.06m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.0m
2025
Equity€0.4m
2025
Debt€0.6m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-6.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency40.8%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.59
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)12.1
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.03m--€0.007m€0.03m€0.04m▲ 34.8%€0.4m▲ 740%€0.3m▼ 23.3%€0.03m▼ 90.0%-€0.06m
Net result€0.3m--€0.02m€0.03mwithin the sector's middle half€0.02mwithin the sector's middle half▼ 25.8%€0.3mwithin the sector's middle half▲ 15×€0.1mwithin the sector's middle half▼ 65.8%€0.02mwithin the sector's middle half▼ 86.3%-€0.06mbelow the sector's middle half
Equity€0.2m-€0.2m▼ 11.5%€0.2mbelow the sector's middle half▲ 17.1%€0.2mbelow the sector's middle half▲ 10.9%€0.5mwithin the sector's middle half▲ 145%€0.7mwithin the sector's middle half▲ 20.3%€0.6mwithin the sector's middle half▼ 15.9%€0.4mwithin the sector's middle half▼ 25.9%
Total assets€1.0m-€0.7m▼ 31.8%€0.7mbelow the sector's middle half▲ 10.3%€0.6mbelow the sector's middle half▼ 17.3%€1.2mbelow the sector's middle half▲ 106%€1.5mbelow the sector's middle half▲ 21.5%€1.1mbelow the sector's middle half▼ 28.5%€1.0mwithin the sector's middle half▼ 6.0%
Debt€0.7m-€0.4m▼ 38.7%€0.5m▲ 16.4%€0.4m▼ 28.2%€0.7m▲ 82.9%€0.8m▲ 22.5%€0.5m▼ 38.4%€0.6m▲ 15.3%
Working capital€0.2m-€0.2m▼ 11.4%€0.2mwithin the sector's middle half▼ 3.6%€0.2mwithin the sector's middle half▲ 11.9%€0.5mwithin the sector's middle half▲ 120%€0.6mwithin the sector's middle half▲ 16.9%€0.5mwithin the sector's middle half▼ 13.1%€0.3mwithin the sector's middle half▼ 29.3%
Solvency20.3%-26.3%▲ 6.0pp27.9%within the sector's middle half▲ 1.6pp37.4%within the sector's middle half▲ 9.5pp44.5%within the sector's middle half▲ 7.1pp44.0%within the sector's middle half▼ 0.4pp51.8%within the sector's middle half▲ 7.8pp40.8%within the sector's middle half▼ 11.0pp
Current ratio1.32-1.46▲ 0.141.38within the sector's middle half▼ 0.081.59within the sector's middle half▲ 0.211.71within the sector's middle half▲ 0.121.68within the sector's middle half▼ 0.031.97within the sector's middle half▲ 0.291.59within the sector's middle half▼ 0.38
Return on assets (ROA)29.6%--3.4%▼ 33.1pp4.1%within the sector's middle half▲ 7.5pp3.7%within the sector's middle half▼ 0.4pp26.3%above the sector's middle half▲ 22.7pp7.4%within the sector's middle half▼ 18.9pp1.4%within the sector's middle half▼ 6.0pp-6.4%below the sector's middle half▼ 7.8pp
Staff (FTE)15-14.4within the sector's middle half14.4within the sector's middle half=12.7within the sector's middle half▼ 11.8%12.9within the sector's middle half▲ 1.6%12.1within the sector's middle half▼ 6.2%
above
within
below
the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€62,310 ▼ 9.5%
Current assets
€940,773 ▼ 5.8%
Equity and liabilities €1.0m
Equity
€409,565 ▼ 25.9%
Debt
€593,517 ▲ 15.3%
Debt's share of the balance-sheet total rises from 48.2% to 59.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€24,257▼
2024 · €51,699
Cash flow
-€30,432▼
2024 · €40,014
Quick ratio
1.43▼
2024 · 1.81
Debt to equity
1.45▲
2024 · 0.93
ROE
-15.6%▼
2024 · 2.8%
Interest coverage
-3.66▼
2024 · 8.38
Debt ≤ 1 year
€593,517▲
2024 · €507,648
Income taxes
-€1▼
2024 · €6,450
Staff costs
€487,016▼
2024 · €540,673
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94.2%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,617 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €404,332 | €405,178 | €555,100 | €540,673 | €487,016 | ▼ 9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,304 | €4,414 | €7,256 | €3,157 | €6,810 | €24,526 | €24,790 | €33,368 | ▲ 34.6% |
| Other operating charges640/8 | - | - | - | €2,131 | €4,246 | €2,000 | €3,136 | €1,285 | ▼ 59.0% |
| Gross operating margin9900 | €599,212 | €513,738 | €443,190 | €451,369 | €767,110 | €850,590 | €595,508 | €464,045 | ▼ 22.1% |
| Operating profit (loss)9901 | €31,170 | -€6,748 | €30,975 | €41,749 | €350,876 | €268,964 | €26,909 | -€57,625 | - |
| Financial income75/76B | - | - | - | €152 | €43 | €51 | €932 | €450 | ▼ 51.7% |
| Recurring financial income75 | €62,795 | €1,278 | €2,364 | €152 | €43 | €51 | €932 | €450 | ▼ 51.7% |
| Financial charges65/66B | - | - | - | €10,022 | €7,301 | €4,077 | €6,168 | €6,626 | ▲ 7.4% |
| Recurring financial charges65 | €34,553 | €6,857 | €3,002 | €10,022 | €7,301 | €4,077 | €6,168 | €6,626 | ▲ 7.4% |
| Profit (loss) for the period before taxes9903 | €350,048 | -€12,326 | €30,337 | €31,880 | €343,618 | €264,938 | €21,674 | -€63,800 | - |
| Income taxes67/77 | €30,627 | €10,000 | €36,364 | €10,000 | €20,012 | €154,189 | €6,450 | -€1 | - |
| Profit (loss) for the period9904 | €283,925 | -€22,326 | €29,470 | €21,880 | €323,606 | €110,749 | €15,224 | -€63,800 | - |
| Profit (loss) for the period to be appropriated9905 | €199,421 | -€22,326 | €113,974 | €21,880 | €323,606 | €110,749 | €15,224 | -€63,800 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €0.7m | €0.7m | €0.6m | €1.2m | €1.5m | €1.1m | €1.0m | ▼ 6.0% |
| Fixed assets21/28 | €0.003m | €0.007m | €0.005m | €0.004m | €0.06m | €0.09m | €0.07m | €0.06m | ▼ 9.5% |
| Tangible fixed assets22/27 | €0.002m | €0.006m | €0.005m | €0.004m | €0.06m | €0.09m | €0.07m | €0.06m | ▼ 9.5% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.006m | €0.004m | €0.003m | €0.001m | ▼ 50.0% |
| Furniture and vehicles24 | - | - | - | - | €0.06m | €0.09m | €0.07m | €0.06m | ▼ 7.9% |
| Financial fixed assets28 | €384 | €275 | €275 | - | - | - | - | - | - |
| Current assets29/58 | €1.0m | €0.6m | €0.7m | €0.6m | €1.2m | €1.4m | €1.0m | €0.9m | ▼ 5.8% |
| Stocks and contracts in progress3 | €0.09m | €0.08m | €0.07m | €0.08m | €0.07m | €0.08m | €0.08m | €0.09m | ▲ 14.0% |
| Stocks30/36 | - | - | - | €0.08m | €0.07m | €0.08m | €0.08m | €0.09m | ▲ 14.0% |
| Amounts receivable within one year40/41 | €0.5m | €0.4m | €0.5m | €0.4m | €0.8m | €1.0m | €0.8m | €0.8m | ▼ 7.1% |
| Trade receivables40 | - | - | - | €0.4m | €0.7m | €1.0m | €0.8m | €0.7m | ▼ 12.2% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.07m | €0.07m | €0.04m | €0.08m | ▲ 84.3% |
| Cash at bank and in hand54/58 | €0.3m | €0.1m | €0.1m | €0.09m | €0.3m | €0.2m | €0.07m | €0.06m | ▼ 23.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.01m | €0.07m | €0.01m | €0.02m | ▲ 66.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €0.7m | €0.7m | €0.6m | €1.2m | €1.5m | €1.1m | €1.0m | ▼ 6.0% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.2m | €0.5m | €0.7m | €0.6m | €0.4m | ▼ 25.9% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Contributions outside capital11 | - | - | - | €0.02m | - | - | - | - | - |
| Other1109/19 | - | - | - | €0.02m | - | - | - | - | - |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.5m | €0.4m | €0.3m | ▼ 22.5% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.3m | €0.3m | €0.5m | €0.4m | €0.3m | ▼ 22.6% |
| Profit (loss) carried forward14 | -€0.1m | -€0.2m | -€0.1m | -€0.1m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 35.2% |
| Provisions and deferred taxes16 | €0.04m | €0.04m | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.7m | €0.4m | €0.5m | €0.4m | €0.7m | €0.8m | €0.5m | €0.6m | ▲ 15.3% |
| Amounts payable within one year42/48 | €0.7m | €0.4m | €0.5m | €0.4m | €0.7m | €0.8m | €0.5m | €0.6m | ▲ 16.9% |
| Financial debts43 | - | - | - | €0.008m | €0.007m | €0.03m | €0.02m | €0.06m | ▲ 195% |
| Credit institutions430/8 | - | - | - | €0.008m | €0.007m | €0.03m | €0.02m | €0.06m | ▲ 195% |
| Trade debts44 | €0.3m | €0.3m | €0.4m | €0.2m | €0.6m | €0.7m | €0.4m | €0.5m | ▲ 19.1% |
| Suppliers440/4 | - | - | - | €0.2m | €0.6m | €0.7m | €0.4m | €0.5m | ▲ 19.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.09m | €0.06m | €0.09m | €0.05m | €0.01m | ▼ 79.3% |
| Taxes450/3 | - | - | - | €0.04m | €0.01m | €0.05m | €0.02m | €0.001m | ▼ 94.3% |
| Remuneration and social security454/9 | - | - | - | €0.05m | €0.05m | €0.04m | €0.03m | €0.01m | ▼ 67.6% |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.03m | €0.03m | €0.02m | €0.04m | ▲ 45.2% |
| Accrued charges and deferred income492/3 | - | - | - | €213 | - | - | €0.007m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €283,925 | -€22,326 | €29,470 | €21,880 | €323,606 | €110,749 | €15,224 | -€63,800 | - |
| + Depreciation and write-downs630 | €4,304 | €4,414 | €7,256 | €3,157 | €6,810 | €24,526 | €24,790 | €33,368 | ▲ 34.6% |
| Operating cash flow (approximation) | €288,229 | -€17,913 | €36,726 | €25,036 | €330,416 | €135,275 | €40,014 | -€30,432 | - |
| Investment in fixed assets (approximation) | - | -€8,483 | -€6,043 | -€1,842 | -€66,428 | -€53,685 | -€800 | -€26,792 | ▼ 3,249% |
| Change in cash | - | -€210,426 | €451 | -€36,184 | €208,448 | -€101,747 | -€127,474 | -€17,194 | ▲ 86.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 41 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 11-09-2026 | 2026-00510941 |
| 31-12-2024 | full format | 08-01-2026 | 2026-00004002 |
| 31-12-2023 | full format | 30-09-2024 | 2024-00485396 |
| 31-12-2022 | full format | 30-11-2023 | 2023-00520458 |
| 31-12-2021 | full format | 28-10-2022 | 2022-20476342 |
| 31-12-2020 | full format | 31-08-2021 | 2021-62900162 |
| 31-12-2019 | full format | 30-11-2020 | 2020-74200168 |
| 31-12-2018 | full format | 31-10-2019 | 2019-73400179 |
| 31-12-2017 | full format | 19-07-2018 | 2018-34800470 |
| 31-12-2016 | full format | 07-08-2017 | 2017-41600579 |
Similar companies · same sector, comparable size
BMS & IB
BE 0765.995.736
Onhaye · equity €431,325
ELJEE
BE 0431.885.273
Hove · equity €387,968
SERDACO
BE 0837.512.945
Oudenburg · equity €469,184
Elecgator
BE 0539.831.427
Beringen · equity €348,456
Dekimo Louvain-la-Neuve
BE 0807.323.575
Ottignies-Louvain-la-Neuve · equity €510,078
Of the 148 active companies whose main activity is manufacture of computer, electronic and optical products (NACE 26400), figures are known for 86. 52 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2023
LAZARO de la IGLESIA,Angel
CurrentDirector (not named in the articles) · since 05-07-2023
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
1 person since 2023, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LAZARO de la IGLESIA,Angel |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 05-07-2023 ↗
- LAZARO de la IGLESIA,Angel 250 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 05-07-2023 Converted to unavailable equity · €18,592
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
11-09
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format · 42 days late
08-01
NBB filing
Annual accounts filed
financial year 2024 · full format · 161 days late
2025
31-12
Financial
Weakest financial yearnet -€63,800
Net result drops to -€63,800, the lowest in the series.
2024
30-09
NBB filing
Annual accounts filed
financial year 2023 · full format · 61 days late
2023
30-11
NBB filing
Annual accounts filed
financial year 2022 · full format · 122 days late
05-07
Gazette deed
Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsResignation: LAZARO de la IGLESIA,Angel (manager) · Appointment: LAZARO de la IGLESIA,Angel (director) · Incorporation24 facts ▸
Gazette deed
Purpose · Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: LAZARO de la IGLESIA,Angel (manager) · Appointment: LAZARO de la IGLESIA,Angel (director) · Incorporation24 facts ▸
- General meeting, 13-06-2023
- Incorporation, 08-09-1969
- Shareholding, 13-06-2023, 250
- Director in office, LAZARO de la IGLESIA,Angel (manager)
- Other provision, 11-04-2023
- Other provision, “ordre du jour point 1, rapport organe dadministration justifiant modification proposée à lobjet selon article 5:101 CSA;modification de lobjet” (deed in French)
- Other provision, “ordre du jour point 2, adapter statuts aux dispositions du CSA” (deed in French)
- Other provision, “ordre du jour point 3, adaptation du capital au CSA” (deed in French)
- Other provision, “ordre du jour point 4, adoption nouveaux statuts en concordance avec CSA,sans modification de lobjet” (deed in French)
- Other provision, “ordre du jour point 5, démission gérants;décharge gérants;nomination administrateurs” (deed in French)
- Other provision, “ordre du jour points 6-7, siège;mission au notaire détablir et déposer coordination des statuts” (deed in French)
- Other provision, “convocation et contrôle, pas de commissaire réviseur” (deed in French)
- +12 further facts in this act
2022
31-12
Financial
Highest result from 2018 to 2025net €323,606 ▲1,379%
Operating result €350,876, net result €323,606, both a record.
31-12
Financial
Equity above €500,000equity €546,813 ▲145%
3 profitable years in a row build equity to €546,813.
28-10
NBB filing
Annual accounts filed
financial year 2021 · full format · 89 days late
2021
31-08
NBB filing
Annual accounts filed
financial year 2020 · full format · 31 days late
2020
31-12
Financial
Back to profitnet €29,470
Net result €29,470 after one loss-making year.
31-12
Financial
Equity above €200,000equity €201,327 ▲17.1%
Equity rises from €171,857 to €201,327.
Show earlier events
30-11
NBB filing
Annual accounts filed
financial year 2019 · full format · 122 days late
2019
31-10
NBB filing
Annual accounts filed
financial year 2018 · full format · 92 days late
2018
19-07
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
07-08
NBB filing
Annual accounts filed
financial year 2016 · full format · 7 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 41 annual accounts filed, the latest 10 are here; all 41 are under Financials.
1 of 2 deeds read
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPrivate limited company
Founded08-09-1969
Financial year end31-12
Activities, NACEBEL 2025
26400Manufacture of computer, electronic and optical products
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406856602
Also
9925:BE0406856602
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0406.856.602
Recognitions · licences · registrations
Recognised contractor
2 categoriesBelectro SRLapproval no. 37066
- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 1, up to €162,000
- P2 Electrical and electromechanical installations of structures and industry, outdoor installationsclass 1, up to €162,000
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 1969
Ground area
236 m²
Building footprint
238 m²
Building volume
2,060 m³
Parcel 21363B0421/00T003, Brussels · tallest building 20.4 m. Linked by address, not a title deed.
1 establishment unit
Jules Maloulaan 40, 1040 Etterbeek
since 1969unit no. 2.002.705.055
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21363B0421/00T003 | Brussels | 236 m² | 1 · 238 m² | 20.4 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La vente et lInstallation de matériel électrique,électro-ménager,son et vision; Linstallation dans des bâtiments ou dautres projets de…” (deed in French)
17 activities (deed in French)
- La vente et lInstallation de matériel électrique,électro-ménager,son et vision
- Linstallation dans des bâtiments ou dautres projets de construction de Systèmes de chauffage à lélectricité,au gaz et au mazout,y compris les conduites;Chaudières;Conduites et équipements de ventilation,de réfrigération et de climatisation,y compris les systèmes de régularisation et conditionnement dair
- Tours de refroidissement
- Electrotechnique
- Les capteurs dénergie solaire et panneaux solaires
- Les activités telles que la plomberie,linstallation de systèmes de chauffage et de conditionnement dair,ainsi que les extensions,les transformations,lentretien et les réparations
- Autres travaux de finition
- Tous travaux dinstallation électrique,de plomberie et autres travaux dinstallation
- Linstallation dans des bâtiments ou dautres projets de construction de Plomberie et appareils sanitaires;Conduites de gaz et les systèmes de chauffage au gaz;Conduite deau dans les locaux;Conduites de distribution de vapeur;Installations dextinction automatique dincendie;Systèmes darrosage automatique des pelouses
- Le commerce de gros et de détail ainsi que linstallation et le raccordement dappareils et accessoires pour le chauffage,centrale ou autre
- Les mêmes activités pour linstallation de ventilations,de conditionnements dair et de tuyauteries industrielles,de même que lentreprise dinstallations sanitaires de plomberie-zinguerie
- Terrassement,démolition dimmeubles,traitement de déchets
- Le nettoyage et le débouchage de tuyaux découlement dans des bâtiments ainsi que toute activité non réglementée du secteur de la construction
- La prestation de conseils et dassistance tant au point de vue technique quadministratif et commercial à toutes sociétés et entreprises,pour tout ce qui concerne le secteur
- La gestion du patrimoine immobilier
- Pour compte propre,lachat,la vente,la construction,la rénovation,la gestion,la mise en location dimmeubles
- La préparation,la rédaction et la conclusion en tant que mandataire ou pour compte propre,de tous marchés de travaux publics ou privés ou de fourniture et faite toutes opérations se rattachant à ces objets
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Belectro
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, organe dadministration peut établir sièges administratifs,agences,ateliers,dépôts,succursales en Belgique et à…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, 1” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement si plusieurs, prix mentionné dans notification initiale” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur n’aurait été désigné, pouvoirs et émoluments” (deed in French)