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CS ELECTRO-CONSTRUCT

Active
Private limited company·Algemene elektrotechnische installatiewerken· 4 yrs active
Kwalestraat 98 ·9320 Aalst, Belgium
BE 0778.500.422
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of CS ELECTRO-CONSTRUCT is 2.6% (moderate). The 2024 annual accounts show equity of €31k and a net result of €1k. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 31% of 11046 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Trust signals

3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€1k-91.8%
Working capital€12k+85.6%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · micro
€0€10k€20k€30kOperating result 2022: €8k€8kNet result 2022: €7k€7kOperating result 2023: €26k€26kNet result 2023: €18k€18kOperating result 2024: €2k€2kNet result 2024: €1k€1k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~33%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€20k€40k€60k2025: €41k (€39k - €44k)2026: €51k (€49k - €54k)2027: €61k (€59k - €64k)2022: €12k2023: €30k2024: €31k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 25.0% 40.9%
better than 31% of 11046 sector peers
Net result €1k €11k
better than 26% of 11029 sector peers
Equity €31k €34k
better than 47% of 11050 sector peers
Gross operating margin €14k €35k
better than 27% of 11019 sector peers
Total assets €126k €93k
better than 62% of 11046 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€14k
-63.4% -23% vs sector
Net profit
€1k
-91.8% -69% vs sector
Cash flow
€13k
-55.3% -20% vs sector
Total assets
€126k
-1.1% -43% vs sector
Equity
€31k
+5.0% -58% vs sector
Working capital
€12k
+85.6% -63% vs sector
Income taxes
€366
-94.4% -83% vs sector
Debt
€94k
-3.0% +11% vs sector
Debt ≤ 1y
€82k
+4.0% +37% vs sector
Debt > 1y
€12k
-33.3% -30% vs sector
Current ratio
1.15
+6.1% -24% vs sector
Quick ratio
0.88
+13.4% -31% vs sector
Solvency
25.0%
+6.2% -48% vs sector
Debt / equity
3.00
-7.6% +174% vs sector
ROE
4.8%
-92.2% -29% vs sector
ROA
1.2%
-91.7% -65% vs sector
Interest coverage
40.43
+6.4% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€14k
Net profit€1k
Cash flow€13k
Staff costs-
Income taxes€366
Dividends-
Total assets€126k
Equity€31k
Debt€94k
of which ≤ 1y€82k
of which > 1y€12k
Working capital€12k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.15
Quick ratio0.88
Working capital ratio9.9%
Solvency25.0%
Debt / equity3.00
Long-term debt ratio0.39
Interest coverage40.43
Gross margin-
Net margin-
ROA1.2%
ROE4.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€126k
Fixed assets 21/28€31k
Tangible fixed assets 22/27€31k
Current assets 29/58€95k
Stocks & contracts in progress 3€22k
Amounts receivable within one year 40/41€15k
Cash & bank 54/58€56k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€126k
Equity 10/15€31k
Contributions / capital 10/11€5k
Reserves 13€26k
Amounts payable 17/49€94k
Amounts payable after one year 17€12k
Amounts payable within one year 42/48€82k
Trade debts payable within one year 44€22k
Income statement
Gross operating margin 9900€14k
Operating result 9901€2k
Financial income 75€338
Financial charges 65€337
Result before taxes 9903€2k
Income taxes 67/77€366
Net result for the period 9904€1k
Result to be appropriated 9905€1k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
56 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
CS ELECTRO-CONSTRUCT
Kwalestraat 98, 9320 AalstVervaardiging van verlichtingsapparaten
since 20212.325.249.653
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area322 m²
Buildings1
Building footprint391 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41047A0531/00D000 Flanders 322 m² 1 · 391 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health56Profitability24Solvency40Growth52Stability94
53 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 56
Profitability 24
Solvency 40
Growth 52
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211
Primary activity highlighted.
Names & trade names
Legal nameNL CS ELECTRO-CONSTRUCT
Registered office
Kwalestraat 98
9320 Aalst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.