Belgaelectric
ActiveBelgaelectric has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 85% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-85
Solvency100▲+5
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 4.98 against 3.21 in 2024; short-term debt: 19.3% and cash: 8.5% of total assets), and 19.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
80.7%
Return on assets
-20.7%
Age of the figures
15 mo
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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-03-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
30 d late
2024
40 d late
2023
29 d early
2022
20 d early
2021
27 d early
2020
16 d late
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€51k▼ 54.5%
2020 · €113k
2020: €113k
2020 → 2022
EBIT margin
21.7%▲ 21.8pp
2020 · -0.1%
2020: -0.1%
2020 → 2022
Net result
€-3k
2024 · €3k
2019: €408
2020: €-2k
2021: €-5k
2022: €9k
2023: €8k
2024: €3k
2019 → 2025
Working capital
€11k▼ 21.1%
2024 · €14k
2019: €-2k
2020: €-5k
2021: €-9k
2022: €5k
2023: €16k
2024: €14k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€51k
Equity€-605-€8k€16k▲ 98.3%€15k▼ 11.0%€12k▼ 20.4%
Operating result€-5k-€11k€12k▲ 6.2%€4k▼ 68.8%€-2k
Net result€-5k-€9k€8k▼ 8.4%€3k▼ 67.0%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€565▼ 4.5%
Current assets
€14k▼ 32.0%
Equity and liabilities €14k
Equity
€12k▼ 20.4%
Debt
€3k▼ 56.1%
The debt ratio falls from 30.2% to 19.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2024 · €4k
Cash flow
€-3k▼
2024 · €3k
Solvency
80.7%▲
2024 · 69.8%
Current ratio
4.98▲
2024 · 3.21
Quick ratio
2.42▼
2024 · 2.54
Debt / equity
0.24▼
2024 · 0.43
ROE
-25.7%▼
2024 · 18.4%
ROA
-20.7%▼
2024 · 12.8%
Interest coverage
-4.31▼
2024 · 12.26
Debt
€3k▼
2024 · €6k
Debt ≤ 1 year
€3k▼
2024 · €6k
Income taxes
€639▼
2024 · €988
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€21k€14k▼
Fixed assets21/28€592€565▼
Tangible fixed assets22/27€57€30▼
Plant, machinery and equipment23€57€30▼
Financial fixed assets28€535€535=
Current assets29/58€20k€14k▼
Stocks and contracts in progress3€4k€7k▲
Stocks30/36€4k€7k▲
Amounts receivable within one year40/41€13k€6k▼
Trade receivables40€8k€5k▼
Other amounts receivable41€5k€1k▼
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1€358-
Equity and liabilities
Total equity and liabilities10/49€21k€14k▼
Equity10/15€15k€12k▼
Contributions10/11€3k€3k=
Reserves13€10k€10k▼
Distributable reserves133€10k€10k▼
Profit (loss) carried forward14€882€-2k▼
Amounts payable17/49€6k€3k▼
Amounts payable within one year42/48€6k€3k▼
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€988€938▼
Taxes450/3€988€938▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51€27▼
Other operating charges640/8€427€684▲
Gross operating margin9900€4k€-1k▼
Operating profit (loss)9901€4k€-2k▼
Financial income75/76B€305€171▼
Recurring financial income75€305€171▼
Financial charges65/66B€305€471▲
Recurring financial charges65€305€471▲
Profit (loss) for the period before taxes9903€4k€-2k▼
Income taxes67/77€988€639▼
Profit (loss) for the period9904€3k€-3k▼
Profit (loss) for the period to be appropriated9905€3k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-2k▼
Profit (loss) brought forward from the previous period14P€181€882▲
Transfer from equity791/2€1k€424▼
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7€1k-
Return on contributions (dividend)694€1k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
02-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity doublescurrent ratio 3.29
Current ratio from 1.40 to 3.29; short-term debt falls from €14k to €7k.
11-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
02-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Raafstraat 112018 AntwerpenGround area
123 m²
Building footprint
79 m²
Volume, LiDAR
715 m³
Parcel 11806F1272/00G002, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Belgaelectric
since 20182.278.280.075
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1272/00G002 | Flanders | 123 m² | 1 · 79 m² | 13.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SIMILA
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 5,945 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2018
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.