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CONTROL ELECTRICAL METHODS

Active
Private limited company (pre-2019)founded 201412 yrs activeKretenborg 38, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0543.840.594

CONTROL ELECTRICAL METHODS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €67k and a net result of €83k. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
86 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency65▼-4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.13 in 2023), and 60.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 12 years 0 20 y
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 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
14 d early
2023
15 d early
2022
2 d early
2021
5 d early
2020
6 d early
2019
7 d late
← before the deadline after the 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 2024, micro schema

Equity
€67k=
2023 · €67k
2018: €22k 2019: €22k 2020: €21k 2021: €25k 2022: €71k 2023: €67k
2018 → 2024
Total assets
€168k▲ 9.0%
2023 · €154k
2018: €65k 2019: €84k 2020: €78k 2021: €79k 2022: €90k 2023: €154k
2018 → 2024
Net result
€83k▲ 13.5%
2023 · €74k
2018: €20k 2019: €33k 2020: €32k 2021: €40k 2022: €46k 2023: €74k
2018 → 2024
Working capital
€17k▲ 53.8%
2023 · €11k
2018: €18k 2019: €4k 2020: €4k 2021: €-11k 2022: €49k 2023: €11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€21k-€25k▲ 14.9%€71k▲ 187%€67k▼ 5.6%€67k=
Operating result€43k-€53k▲ 22.2%€67k▲ 26.3%€93k▲ 38.3%€107k▲ 15.9%
Net result€32k-€40k▲ 25.5%€46k▲ 16.1%€74k▲ 59.6%€83k▲ 13.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €43k€43kNet result 2020: €32k€32kOperating result 2021: €53k€53kNet result 2021: €40k€40kOperating result 2022: €67k€67kNet result 2022: €46k€46kOperating result 2023: €93k€93kNet result 2023: €74k€74kOperating result 2024: €107k€107kNet result 2024: €83k€83k20202021202220232024
The operating result has risen four years in a row; 2024 is 16% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €168k
Fixed assets €50k▼ 10.9%
Current assets €119k▲ 20.2%
Equity and liabilities €168k
Equity €67k=
Debt €101k▲ 15.9%
The debt ratio rises from 56.7% to 60.3%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€119k
2023 · €95k
Cash flow
€96k
2023 · €76k
Solvency
39.7%
2023 · 43.3%
Current ratio
1.17
2023 · 1.13
Quick ratio
1.17
2023 · 1.13
Debt / equity
1.52
2023 · 1.31
ROE
125.1%
2023 · 110.2%
ROA
49.7%
2023 · 47.7%
Interest coverage
1393.16
2023 · 760.04
Debt
€101k
2023 · €87k
Debt ≤ 1 year
€101k
2023 · €87k
Income taxes
€24k
2023 · €19k
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€154k€168k
Fixed assets21/28€56k€50k
Tangible fixed assets22/27€56k€50k
Furniture and vehicles24€56k€50k
Current assets29/58€99k€119k
Amounts receivable within one year40/41€32k€29k
Trade receivables40€32k€29k
Cash at bank and in hand54/58€66k€89k
Deferred charges and accrued income490/1€565€612
Equity and liabilities
Total equity and liabilities10/49€154k€168k
Equity10/15€67k€67k=
Contributions10/11€19k€19k=
Reserves13€48k€48k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14€257€232
Amounts payable17/49€87k€101k
Amounts payable within one year42/48€87k€101k
Trade debts44€3k€3k
Suppliers440/4€3k€3k
Taxes, remuneration and social security45€16k€24k
Taxes450/3€16k€24k
Other amounts payable47/48€69k€74k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€12k
Other operating charges640/8€1k€2k
Gross operating margin9900€96k€122k
Operating profit (loss)9901€93k€107k
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€125€86
Recurring financial charges65€125€86
Profit (loss) for the period before taxes9903€93k€107k
Income taxes67/77€19k€24k
Profit (loss) for the period9904€74k€83k
Profit (loss) for the period to be appropriated9905€74k€83k
Appropriation of the result
Profit (loss) to be appropriated9906€78k€84k
Profit (loss) brought forward from the previous period14P€4k€257
Profit to be distributed694/7€78k€84k
Return on contributions (dividend)694€78k€84k

The notes to these accounts (7 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

2025
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €83k ▲13.5%
Operating result €107k, net result €83k, both a record.
16-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity quadruplescurrent ratio 3.48
Current ratio from 0.79 to 3.48; short-term debt falls from €54k to €20k.
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
07-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
11-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
26-07
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
1 act for this company is 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, Sint-Katelijne-Waver · 1 establishment unit since 2014
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.

Kretenborg 382860 Sint-Katelijne-Waver
Ground area
856 m²
Building footprint
163 m²
Volume, LiDAR
1,097 m³
Parcel 12422C0158/00B003, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
C.E.M.
Kretenborg 38, 2860 Sint-Katelijne-WaverEngineering and related technical consultancy, excluding land surveyors
since 20142.226.114.465
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12422C0158/00B003 Flanders 856 m² 1 · 162 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 11,505 companies in sector 71121 we hold annual accounts for 6,525. 5,062 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded06-01-2014
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.