Financials
- Financial year
- 2025
- Total assets
- €51,397
- Profit
- €5,463
- Solvency
- 18.4%
Belgium Elec
ActiveSummary
Belgium Elec has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,463 and a net result of €5,463. Its solvency ranks better than 20% of 34,040 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€51,397total assets 2025
- Equity
- €9,463
- Profit
- €5,463
Turnover not published (micro format)
Structure
Accounts filed 57 days late0 of 1 deed read
Why 64raises riskLatest accounts 57 days late; 1 of the last 3 lateFounded in 2025Equity €9,463 (18.4% of total assets)lowers riskLiquidity: current ratio 1.20, cash €37,660Show the evidence
Checked score
Score 2025
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 45% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency
43
equity 18.4% of total assets
Liquidity
55
short-term debt 81.6% · cash 73.3%
Profitability
82
return on assets 10.6%
Bankruptcy probability, 12 months
1.4%
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
03-2026: 1.9%
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 2.0%▲ +0.1 percentage points vs 04-2026
06-2026: 2.4%▲ +0.4 percentage points vs 05-2026
07-2026: 2.4%● unchanged vs 06-2026
08-2026: 2.7%▲ +0.3 percentage points vs 07-2026
09-2026: 3.0%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 1.4%▼ -1.6 percentage points vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.2, below the usual 1.5; short-term debt: 81.6% and cash: 73.3% of total assets), and 81.6% 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 43, micro): better than 20% on solvency, 51% on liquidity and 63% on profitability.
The bankruptcy probability was computed on 12-10-2026 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).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 34040 sector peers (2025).
NBB · sector comparisonPosition among 34040 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-09-2026, 57 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 · 1 filingDeviation from the deadline
2025
57 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 12-02-2025
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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