DAVID ELECTRO
ActiveSummary
DAVID ELECTRO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,861 and a net result of -€3,911. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-43
Solvency32▼-60
Growth32=
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 tight (current ratio 1.05 against 2.56 in 2024; short-term debt: 93% and cash: 3.1% of total assets), and 93% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
7%
Return on assets
-4.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 11502 sector peers (2025).
NBB · sector comparisonPosition among 11502 sector peers
Solvency
better than 24%
← weakest
strongest →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
55 d early
2023
47 d early
2022
31 d early
2021
45 d early
2020
29 d early
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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. Usually files around 16 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€5,861▼ 40.0%
2024 · €9,772
Total assets
€84,109▲ 474%
2024 · €14,662
Net result
-€3,911▼ 9,341%
2024 · -€41
Working capital
€3,867▼ 49.3%
2024 · €7,630
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€1,212▼ 15.4%-€935▲ 22.8%-€3,181▼ 240%-€0▲ 100.0%-€3,886▼ 1,253,574%
Net result-€1,212within the sector's middle half▼ 8.0%-€976within the sector's middle half▲ 19.5%-€3,224within the sector's middle half▼ 230%-€41within the sector's middle half▲ 98.7%-€3,911within the sector's middle half▼ 9,341%
Equity€14,013within the sector's middle half▼ 8.0%€13,038within the sector's middle half▼ 7.0%€9,814within the sector's middle half▼ 24.7%€9,772within the sector's middle half▼ 0.4%€5,861below the sector's middle half▼ 40.0%
Total assets€14,728below the sector's middle half▼ 11.8%€13,490below the sector's middle half▼ 8.4%€11,913below the sector's middle half▼ 11.7%€14,662below the sector's middle half▲ 23.1%€84,109within the sector's middle half▲ 474%
Debt€715▼ 51.3%€453▼ 36.6%€2,100▲ 364%€4,890▲ 133%€78,248▲ 1,500%
Working capital€13,593within the sector's middle half▼ 5.5%€13,038within the sector's middle half▼ 4.1%€9,814within the sector's middle half▼ 24.7%€7,630within the sector's middle half▼ 22.3%€3,867within the sector's middle half▼ 49.3%
Solvency95.1%above the sector's middle half▲ 3.9pp96.6%above the sector's middle half▲ 1.5pp82.4%above the sector's middle half▼ 14.3pp66.6%within the sector's middle half▼ 15.7pp7.0%below the sector's middle half▼ 59.7pp
Current ratio20.02above the sector's middle half▲ 9.2129.79above the sector's middle half▲ 9.775.67above the sector's middle half▼ 24.122.56within the sector's middle half▼ 3.111.05within the sector's middle half▼ 1.51
Return on assets (ROA)-8.2%below the sector's middle half▼ 1.5pp-7.2%below the sector's middle half▲ 1.0pp-27.1%below the sector's middle half▼ 19.8pp-0.3%within the sector's middle half▲ 26.8pp-4.7%below the sector's middle half▼ 4.4pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,886 in 2025 against €0 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84,109
Fixed assets
€1,994 ▼ 6.9%
Current assets
€82,115 ▲ 556%
Equity and liabilities €84,109
Equity
€5,861 ▼ 40.0%
Debt
€78,248 ▲ 1,500%
Debt's share of the balance-sheet total rises from 33.4% to 93.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€3,218▼
2024 · €337
Cash flow
-€3,243▼
2024 · €296
Quick ratio
0.24▼
2024 · 2.29
Debt to equity
13.35▲
2024 · 0.50
ROE
-66.7%▼
2024 · -0.4%
Interest coverage
-108.54▼
2024 · 4.56
Debt ≤ 1 year
€78,248▲
2024 · €4,890
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
2.3%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €420 | - | - | €337 | €668 | ▲ 98.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €420 | - | - | - | - |
| Other operating charges640/8 | €714 | - | €771 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | -€78 | -€515 | -€2,410 | €724 | -€2,818 | ▼ 489% |
| Operating profit (loss)9901 | -€1,212 | -€935 | -€3,181 | -€0 | -€3,886 | ▼ 1,253,574% |
| Financial income75/76B | €24 | - | - | €33 | €5 | ▼ 85.4% |
| Recurring financial income75 | €24 | - | - | €33 | €5 | ▼ 85.4% |
| Financial charges65/66B | €23 | €40 | €43 | €74 | €30 | ▼ 59.8% |
| Recurring financial charges65 | €23 | €40 | €43 | €74 | €30 | ▼ 59.8% |
| Profit (loss) for the period before taxes9903 | -€1,212 | -€976 | -€3,224 | -€41 | -€3,911 | ▼ 9,341% |
| Profit (loss) for the period9904 | -€1,212 | -€976 | -€3,224 | -€41 | -€3,911 | ▼ 9,341% |
| Profit (loss) for the period to be appropriated9905 | -€1,212 | -€976 | -€3,224 | -€41 | -€3,911 | ▼ 9,341% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14,728 | €13,490 | €11,913 | €14,662 | €84,109 | ▲ 474% |
| Fixed assets21/28 | €420 | - | - | €2,142 | €1,994 | ▼ 6.9% |
| Tangible fixed assets22/27 | €420 | - | - | €2,142 | €1,994 | ▼ 6.9% |
| Plant, machinery and equipment23 | - | - | - | - | €471 | - |
| Furniture and vehicles24 | €420 | - | - | €2,142 | €1,522 | ▼ 28.9% |
| Current assets29/58 | €14,308 | €13,490 | €11,913 | €12,520 | €82,115 | ▲ 556% |
| Stocks and contracts in progress3 | €1,340 | €1,340 | €1,340 | €1,340 | €63,421 | ▲ 4,634% |
| Stocks30/36 | €1,340 | €1,340 | €1,340 | €1,340 | €63,421 | ▲ 4,634% |
| Amounts receivable within one year40/41 | €4,140 | €2,241 | €2,336 | €4,558 | €16,057 | ▲ 252% |
| Trade receivables40 | €4,140 | €2,157 | €1,826 | €3,668 | €4,274 | ▲ 16.5% |
| Other amounts receivable41 | - | €85 | €510 | €890 | €11,783 | ▲ 1,224% |
| Cash at bank and in hand54/58 | €8,828 | €9,909 | €8,237 | €6,622 | €2,638 | ▼ 60.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14,728 | €13,490 | €11,913 | €14,662 | €84,109 | ▲ 474% |
| Equity10/15 | €14,013 | €13,038 | €9,814 | €9,772 | €5,861 | ▼ 40.0% |
| Contributions10/11 | €18,900 | €18,900 | €18,900 | €18,900 | €18,900 | = |
| Reserves13 | €20,300 | €20,300 | €20,300 | €20,300 | €20,300 | = |
| Non-distributable reserves130/1 | €6,300 | €6,300 | €6,300 | - | - | - |
| Reserves not available under the articles1311 | €6,300 | €6,300 | €6,300 | - | - | - |
| Tax-exempt reserves132 | €14,000 | €14,000 | €14,000 | €14,000 | €14,000 | = |
| Distributable reserves133 | - | - | - | €6,300 | €6,300 | = |
| Profit (loss) carried forward14 | -€25,187 | -€26,162 | -€29,386 | -€29,428 | -€33,339 | ▼ 13.3% |
| Amounts payable17/49 | €715 | €453 | €2,100 | €4,890 | €78,248 | ▲ 1,500% |
| Amounts payable within one year42/48 | €715 | €453 | €2,100 | €4,890 | €78,248 | ▲ 1,500% |
| Trade debts44 | - | - | €1,661 | - | €195 | - |
| Suppliers440/4 | - | - | €1,661 | - | €195 | - |
| Taxes, remuneration and social security45 | €262 | - | - | - | - | - |
| Taxes450/3 | €262 | - | - | - | - | - |
| Other amounts payable47/48 | €453 | €453 | €439 | €4,890 | €78,054 | ▲ 1,496% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,212 | -€976 | -€3,224 | -€41 | -€3,911 | ▼ 9,341% |
| + Depreciation and write-downs630 | €420 | - | - | €337 | €668 | ▲ 98.3% |
| Operating cash flow (approximation) | -€792 | -€976 | -€3,224 | €296 | -€3,243 | ▼ 1,197% |
| Investment in fixed assets (approximation) | - | - | - | - | -€520 | - |
| Change in cash | - | €1,081 | -€1,672 | -€1,615 | -€3,985 | ▼ 147% |
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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€3,911
Net result drops to -€3,911, the lowest in the series.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Jette · 1 establishment unit since 2002
Ground area
1,263 m²
Building footprint
701 m²
Volume, LiDAR
4,754 m³
2 parcels, Brussels, Flanders · tallest building 14.2 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
DAVID ELECTRO
since 20022.096.154.657
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22005A0632/00C000 | Flanders | 747 m² | 1 · 185 m² | 9.0 m · 2 fl. |
| 21464F0012/00H003 | Brussels | 515 m² | 1 · 516 m² | 14.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
TVV SOUND PROJECT
BE 0473.704.646
Nazareth-De Pinte · Eq €5,750
ASTERON & SONS
BE 0895.719.180
Brussel · Eq €6,011
BETCO FILMS
BE 0886.522.293
Herstal · Eq €5,552
SKY INTERNATIONAL
BE 0453.900.513
Brussel · Eq €6,420
ECIGNIC
BE 1001.716.228
Ravels · Eq €5,254
Of 979 companies in sector 46431 we hold annual accounts for 706. 145 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
Founded02-04-2002
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47540Retail sale of electrical household appliances
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477245344
Also
9925:BE0477245344
Registered
14-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.