CLIP ELEC
ActiveSummary
The computed 12-month bankruptcy probability of CLIP ELEC is 2.7% (moderate). The 2025 annual accounts show equity of €56k and a net result of €19k. Its solvency ranks better than 50% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-10
Solvency72▲+18
Growth52
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.06 in 2024; short-term debt: 38.8% and cash: 20% of total assets), but 53.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.8%
Return on assets
16.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
31 d early
2024
21 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€56k▲ 52.8%
2024 · €37k
Total assets
€120k▼ 5.4%
2024 · €127k
Net result
€19k▼ 36.1%
2024 · €30k
Working capital
€30k▲ 677%
2024 · €4k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€45k-€30k▼ 33.7%
Net result€30k-€19k▼ 36.1%
Equity€37k-€56k▲ 52.8%
Total assets€127k-€120k▼ 5.4%
Debt€90k-€64k▼ 29.2%
Working capital€4k-€30k▲ 677%
Staff (FTE)1.1-1▼ 9.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€44k ▼ 21.6%
Current assets
€76k ▲ 7.3%
Equity and liabilities €120k
Equity
€56k ▲ 52.8%
Debt
€64k ▼ 29.2%
Debt's share of the balance-sheet total falls from 71.0% to 53.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▼
2024 · €63k
Cash flow
€32k▼
2024 · €49k
Current ratio
1.63▲
2024 · 1.06
Quick ratio
1.43▲
2024 · 0.78
Debt to equity
1.14▼
2024 · 2.45
ROE
34.6%▼
2024 · 82.6%
ROA
16.2%▼
2024 · 23.9%
Interest coverage
15.61▼
2024 · 17.23
Debt ≤ 1 year
€47k▼
2024 · €67k
Debt > 1 year
€17k▼
2024 · €23k
Income taxes
€8k▼
2024 · €11k
Staff costs
€17k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €8k | €17k | ▲ 105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €12k | ▼ 31.6% |
| Other operating charges640/8 | €682 | €506 | ▼ 25.8% |
| Non-recurring operating charges66A | €454 | - | - |
| Gross operating margin9900 | €73k | €60k | ▼ 17.9% |
| Operating profit (loss)9901 | €45k | €30k | ▼ 33.7% |
| Financial income75/76B | €8 | €25 | ▲ 207% |
| Recurring financial income75 | €8 | €25 | ▲ 207% |
| Financial charges65/66B | €4k | €3k | ▼ 26.2% |
| Recurring financial charges65 | €4k | €3k | ▼ 26.2% |
| Profit (loss) for the period before taxes9903 | €41k | €27k | ▼ 34.4% |
| Income taxes67/77 | €11k | €8k | ▼ 29.6% |
| Profit (loss) for the period9904 | €30k | €19k | ▼ 36.1% |
| Profit (loss) for the period to be appropriated9905 | €30k | €19k | ▼ 36.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €127k | €120k | ▼ 5.4% |
| Fixed assets21/28 | €56k | €44k | ▼ 21.6% |
| Intangible fixed assets21 | €18k | €16k | ▼ 11.3% |
| Tangible fixed assets22/27 | €38k | €28k | ▼ 25.4% |
| Plant, machinery and equipment23 | €2k | €1k | ▼ 41.4% |
| Furniture and vehicles24 | €4k | €4k | ▼ 12.7% |
| Leasing and similar rights25 | €31k | €23k | ▼ 26.0% |
| Financial fixed assets28 | €755 | €205 | ▼ 72.8% |
| Current assets29/58 | €71k | €76k | ▲ 7.3% |
| Stocks and contracts in progress3 | €19k | €9k | ▼ 49.1% |
| Stocks30/36 | €19k | €9k | ▼ 49.1% |
| Amounts receivable within one year40/41 | €11k | €43k | ▲ 305% |
| Trade receivables40 | €3k | €27k | ▲ 756% |
| Other amounts receivable41 | €7k | €16k | ▲ 113% |
| Cash at bank and in hand54/58 | €40k | €24k | ▼ 40.6% |
| Deferred charges and accrued income490/1 | €1k | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €127k | €120k | ▼ 5.4% |
| Equity10/15 | €37k | €56k | ▲ 52.8% |
| Contributions10/11 | €10k | €10k | = |
| Reserves13 | €26k | €44k | ▲ 69.2% |
| Distributable reserves133 | €26k | €44k | ▲ 69.2% |
| Profit (loss) carried forward14 | €823 | €2k | ▲ 175% |
| Amounts payable17/49 | €90k | €64k | ▼ 29.2% |
| Amounts payable after more than one year17 | €23k | €17k | ▼ 25.0% |
| Financial debts170/4 | €23k | €17k | ▼ 25.0% |
| Amounts payable within one year42/48 | €67k | €47k | ▼ 30.6% |
| Current portion of amounts payable after more than one year42 | €7k | €7k | ▲ 0.5% |
| Trade debts44 | €16k | €29k | ▲ 74.9% |
| Suppliers440/4 | €16k | €29k | ▲ 74.9% |
| Taxes, remuneration and social security45 | €3k | €1k | ▼ 62.3% |
| Taxes450/3 | €256 | €230 | ▼ 10.0% |
| Remuneration and social security454/9 | €3k | €987 | ▼ 66.8% |
| Other amounts payable47/48 | €41k | €10k | ▼ 75.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €19k | ▼ 36.1% |
| + Depreciation and write-downs630 | €18k | €12k | ▼ 31.6% |
| Operating cash flow (approximation) | €49k | €32k | ▼ 34.4% |
| Investment in fixed assets (approximation) | - | €-295 | - |
| Change in cash | - | €-16k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Ciney · 1 establishment unit since 2023
Ground area
241 m²
Building footprint
66 m²
Parcel 91030A0047/00Y002, Wallonia. Linked by address, not a title deed.
1 establishment unit
CLIP ELEC
since 20232.350.339.001
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91030A0047/00Y002 | Wallonia | 241 m² | 1 · 66 m² | - |
Linked by address, not proof of ownership
Good to know
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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Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.