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CH ELECTRICITE

Active
Private limited companyfounded 200620 yrs activeClos de la Rose 4, 1410 Waterloo, BelgiumKBO/BCE: BE 0880.508.392

CH ELECTRICITE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €-5k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
44 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-57
Solvency32▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.89 against 2.03 in 2024; short-term debt: 52.6% and cash: 17.5% of total assets), but 93.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
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 2025
Solvency, return and age of the figures
Solvency
6.6%
Return on assets
-2.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 7692 sector peers (2025).
NBB · sector comparison
Position among 7692 sector peers
Solvency
better than 10%
← 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 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
55 d late
2023
24 d late
2022
72 d late
2021
30 d late
2020
28 d late
2019
26 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€11k▼ 30.1%
2024 · €16k
2018: €3k 2019: €3k 2020: €17k 2021: €10k 2022: €20k 2023: €12k 2024: €16k
2018 → 2025
Total assets
€169k▲ 2.0%
2024 · €165k
2018: €99k 2019: €98k 2020: €120k 2021: €123k 2022: €164k 2023: €157k 2024: €165k
2018 → 2025
Net result
€-5k
2024 · €4k
2018: €9k 2019: €397 2020: €14k 2021: €-8k 2022: €11k 2023: €-8k 2024: €4k
2018 → 2025
Working capital
€79k▼ 4.9%
2024 · €83k
2018: €72k 2019: €72k 2020: €86k 2021: €77k 2022: €88k 2023: €80k 2024: €83k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€10k-€20k▲ 110%€12k▼ 39.4%€16k▲ 31.2%€11k▼ 30.1%
Operating result€-7k-€11k€-6k€4k€-7k
Net result€-8k-€11k€-8k€4k€-5k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10kOperating result 2021: €-7k€-7kNet result 2021: €-8k€-8kOperating result 2022: €11k€11kNet result 2022: €11k€11kOperating result 2023: €-6k€-6kNet result 2023: €-8k€-8kOperating result 2024: €4k€4kNet result 2024: €4k€4kOperating result 2025: €-7k€-7kNet result 2025: €-5k€-5k20212022202320242025
The operating result turns negative in 2025: a loss of €7k after €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets €707▼ 47.2%
Current assets €168k▲ 2.4%
Equity and liabilities €169k
Equity €11k▼ 30.1%
Debt €158k▲ 5.4%
The debt ratio rises from 90.3% to 93.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-7k
2024 · €4k
Cash flow
€-4k
2024 · €4k
Solvency
6.6%
2024 · 9.7%
Current ratio
1.89
2024 · 2.03
Quick ratio
1.89
2024 · 2.03
Debt / equity
14.12
2024 · 9.36
ROE
-43.1%
2024 · 23.8%
ROA
-2.8%
2024 · 2.3%
Interest coverage
-13.79
2024 · 38.29
Debt
€158k
2024 · €149k
Debt ≤ 1 year
€89k
2024 · €81k
Debt > 1 year
€69k=
2024 · €69k
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€165k€169k
Fixed assets21/28€1k€707
Tangible fixed assets22/27€1k€707
Furniture and vehicles24€1k€707
Current assets29/58€164k€168k
Amounts receivable within one year40/41€8k€8k
Trade receivables40€8k€6k
Other amounts receivable41-€2k
Current investments50/53€100k€130k
Cash at bank and in hand54/58€56k€30k
Deferred charges and accrued income490/1€537€296
Equity and liabilities
Total equity and liabilities10/49€165k€169k
Equity10/15€16k€11k
Contributions10/11-€19k
Outside capital11-€19k
Other1109/19-€19k
Reserves13€19k-
Distributable reserves133€19k-
Profit (loss) carried forward14€-3k€-8k
Amounts payable17/49€149k€158k
Amounts payable after more than one year17€69k€69k=
Other amounts payable178/9€69k€69k=
Amounts payable within one year42/48€81k€89k
Trade debts44€6k€4k
Suppliers440/4€6k€4k
Taxes, remuneration and social security45€1k€3k
Taxes450/3€1k-
Remuneration and social security454/9-€3k
Other amounts payable47/48€73k€82k
Accrued charges and deferred income492/3-€116
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€531€631
Other operating charges640/8€387€400
Gross operating margin9900€5k€-6k
Operating profit (loss)9901€4k€-7k
Financial income75/76B€0€3k
Recurring financial income75€0€3k
Financial charges65/66B€116€478
Recurring financial charges65€116€478
Profit (loss) for the period before taxes9903€4k€-5k
Profit (loss) for the period9904€4k€-5k
Profit (loss) for the period to be appropriated9905€4k€-5k
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-8k
Profit (loss) brought forward from the previous period14P€-7k€-3k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
24-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
24-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-12
Financial Weakest financial yearnet €-8k ▼175%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
11-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
28-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-12
Financial Highest result since 2018net €14k ▲3385%
Operating result €18k, net result €14k, both a record.
26-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
09-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Waterloo · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Clos de la Rose 41410 Waterloo
Ground area
1,123 m²
Building footprint
144 m²
Volume, LiDAR
991 m³
Parcel 25110C0322/00E000, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CH ELECTRICITE
Clos de la Rose 4, 1410 WaterlooNACE 40110
since 20062.154.992.481
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25110C0322/00E000 Wallonia 1,123 m² 1 · 144 m² 9.3 m · 2 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

Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 5,832 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-04-2006
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.