Financials
- Fiscal year
- 2024
- Total assets
- €705,348
- Loss
- -€33,869
- Solvency
- 48.2%
Total assets▲ 14.1%
Net result
20182024
BRACKE ELEKTRO
ActiveSummary
BRACKE ELEKTRO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €340,079 and a net result of -€33,869. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 52% of 995 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
NACE 95210Wholesale of electrical equipment, including installation materials NACE 46643NACE 46693
#6 company by total assets in Sint-Gillis-Waas, Other services sector1 site
Size
€705,348total assets 2024
- Equity
- €340,079
- Loss
- -€33,869
Turnover not published (abridged schema)
Structure
- Parent
- J.W.M. Bracke holding · 99%
Accounts 64 d overdue0 of 6 deeds read
Why 68- Figures for FY 2024 (filed 18-07-2025)- Loss of €33,869 (FY 2024)+ Founded in 1996+ Size: total assets €705,348Show the evidence
Checked score
Score 2024
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 35% of its sector peers (NACE 95, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
73-12
equity 48.2% of total assets
Liquidity
50+10
short-term debt 30.2% · cash 10.1%
Profitability
13-76
return on assets -4.8%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● 0.0% vs 11-2024lowest value
01-2025: 0.1%● 0.0% vs 12-2024lowest value
02-2025: 0.1%▲ +1.2% vs 01-2025
03-2025: 0.1%▲ +3.5% vs 02-2025
04-2025: 0.1%▲ +11.2% vs 03-2025
05-2025: 0.1%▲ +6.1% vs 04-2025
06-2025: 0.1%▼ -1.0% vs 05-2025
07-2025: 0.2%▲ +65.4% vs 06-2025
08-2025: 0.1%▼ -25.6% vs 07-2025
09-2025: 0.1%● 0.0% vs 08-2025
10-2025: 0.1%● 0.0% vs 09-2025
11-2025: 0.1%● 0.0% vs 10-2025
12-2025: 0.1%● 0.0% vs 11-2025
01-2026: 0.1%● 0.0% vs 12-2025
02-2026: 0.1%▲ +0.8% vs 01-2026
03-2026: 0.1%▲ +3.9% vs 02-2026
04-2026: 0.1%▲ +9.0% vs 03-2026
05-2026: 0.2%▲ +5.5% vs 04-2026
06-2026: 0.1%▼ -5.2% vs 05-2026
07-2026: 0.2%▲ +8.2% vs 06-2026
08-2026: 0.4%▲ +137% vs 07-2026
09-2026: 0.4%▲ +19.0% vs 08-2026
10-2026: 0.7%▲ +55.3% vs 09-2026highest value
- Figures for FY 2024 (filed 18-07-2025) raises the probability
- Founded in 1996 lowers the probability for this profile
- Size: total assets €705,348 lowers the probability for this profile
- Loss of €33,869 (FY 2024) raises the probability
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 2.81 against 2.52 in 2023; short-term debt: 30.2% and cash: 10.1% of total assets), but 51.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 95, micro). Better than this share of them on solvency 58%, liquidity 45%, profitability 15%, growth against the median 23%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
40 d early
2022
30 d late
2021
29 d late
2020
3 d early
2019
45 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
- Highest result since 2018net €99,894 ▲225%
Key points
By topic
Board & ownership
- Parent
- J.W.M. Bracke holding · 99%
- Known shareholders
- 99%
Timeline
- Events
- 12
- Since
- 2016
- 16-07-2025Annual accounts filed
- 21-06-2024Annual accounts filed
- 31-12-2023Highest result since 2018
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Repair and maintenance of computers, personal and household…NACE 95210
- Founded
- 23-01-1996
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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