BOUDEWIJN ELEKTRO
ActiveBOUDEWIJN ELEKTRO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €579k and a net result of €67k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 79% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78=
Solvency92▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.39 against 3.13 in 2023; short-term debt: 23.5% and cash: 31.6% of total assets), and 33.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
66.6%
Return on assets
7.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-09-2025, 34 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d late
2023
20 d early
2022
42 d early
2021
24 d late
2020
16 d early
2019
35 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€579k▲ 13.0%
2023 · €513k
2018: €248k
2019: €286k
2020: €367k
2021: €467k
2022: €449k
2023: €513k
2018 → 2024
Total assets
€869k▲ 4.8%
2023 · €830k
2018: €444k
2019: €459k
2020: €534k
2021: €847k
2022: €798k
2023: €830k
2018 → 2024
Net result
€67k▲ 4.0%
2023 · €64k
2018: €23k
2019: €38k
2020: €80k
2021: €101k
2022: €-18k
2023: €64k
2018 → 2024
Working capital
€489k▲ 14.3%
2023 · €428k
2018: €246k
2019: €285k
2020: €370k
2021: €425k
2022: €398k
2023: €428k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€367k-€467k▲ 27.4%€449k▼ 3.9%€513k▲ 14.3%€579k▲ 13.0%
Operating result€100k-€110k▲ 9.8%€-23k€78k€85k▲ 9.1%
Net result€80k-€101k▲ 25.1%€-18k€64k€67k▲ 4.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €869k
Fixed assets
€176k▼ 12.9%
Current assets
€693k▲ 10.4%
Equity and liabilities €869k
Equity
€579k▲ 13.0%
Debt
€290k▼ 8.6%
The debt ratio falls from 38.2% to 33.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117k▲
2023 · €106k
Cash flow
€98k▲
2023 · €92k
Solvency
66.6%▲
2023 · 61.8%
Current ratio
3.39▲
2023 · 3.13
Quick ratio
1.51▲
2023 · 1.23
Debt / equity
0.50▼
2023 · 0.62
ROE
11.5%▼
2023 · 12.5%
ROA
7.7%▼
2023 · 7.7%
Interest coverage
13.41▲
2023 · 11.05
Debt
€290k▼
2023 · €317k
Debt ≤ 1 year
€205k▲
2023 · €200k
Debt > 1 year
€81k▼
2023 · €112k
Income taxes
€24k▲
2023 · €18k
Staff costs
€151k▲
2023 · €139k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€830k€869k▲
Fixed assets21/28€202k€176k▼
Tangible fixed assets22/27€202k€176k▼
Plant, machinery and equipment23€27k€24k▼
Furniture and vehicles24€7k€4k▼
Other tangible fixed assets26€168k€148k▼
Current assets29/58€628k€693k▲
Stocks and contracts in progress3€381k€384k▲
Stocks30/36€381k€384k▲
Amounts receivable within one year40/41€27k€30k▲
Trade receivables40€20k€25k▲
Other amounts receivable41€7k€5k▼
Cash at bank and in hand54/58€215k€274k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€830k€869k▲
Equity10/15€513k€579k▲
Contributions10/11€19k€19k=
Reserves13€494k€561k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€492k€559k▲
Amounts payable17/49€317k€290k▼
Amounts payable after more than one year17€112k€81k▼
Financial debts170/4€112k€81k▼
Amounts payable within one year42/48€200k€205k▲
Current portion of amounts payable after more than one year42€31k€32k▲
Financial debts43-€9k
Credit institutions430/8-€9k
Trade debts44€23k€16k▼
Suppliers440/4€23k€16k▼
Taxes, remuneration and social security45€29k€30k▲
Taxes450/3€18k€18k▲
Remuneration and social security454/9€12k€12k▲
Other amounts payable47/48€116k€118k▲
Accrued charges and deferred income492/3€5k€5k=
Income statement
Code20232024
Remuneration, social security and pensions62€139k€151k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€32k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€249k€273k▲
Operating profit (loss)9901€78k€85k▲
Financial income75/76B€13k€14k▲
Recurring financial income75€13k€14k▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€82k€91k▲
Income taxes67/77€18k€24k▲
Profit (loss) for the period9904€64k€67k▲
Profit (loss) for the period to be appropriated9905€64k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€64k€67k▲
Transfer to equity691/2€64k€67k▲
To other reserves6921€64k€67k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 34 days late
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €64k
Net result €64k after one loss-making year.
31-12
Financial
Equity above €500kEq €513k ▲14.3%
Equity rises from €449k to €513k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-18k ▼118%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €101k ▲25.1%
Operating result €110k, net result €101k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 35 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Pelt · 1 establishment unit since 2009
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.
Koning Albertlaan 273910 PeltGround area
306 m²
Building footprint
267 m²
Volume, LiDAR
1,594 m³
Parcel 72025E0086/00M000, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Boudewijn Elektro bvba
since 20092.176.141.253
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72025E0086/00M000 | Flanders | 306 m² | 1 · 267 m² | 9.8 m · 1 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.
Similar companies · same sector, comparable size
BAZANJA
BE 0435.495.851
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ELECTRO VANDEWEYER
BE 0445.781.217
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Van Dijck
BE 0443.408.477
Antwerpen · Eq €583k
ALSITO
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Sint-Laureins · Eq €576k
Raditel
BE 0407.088.709
De Panne · Eq €575k
Of 1,511 companies in sector 47540 we hold annual accounts for 805. 599 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2009
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
43240Other construction installation
43299Specialised construction activities
47400Retail sale of information and communication equipment
47420Retail trade
47430Retail trade
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.