DDELEC
ActiveSummary
The computed 12-month bankruptcy probability of DDELEC is 2.8% (moderate). The 2025 annual accounts show equity of €74,155 and a net result of -€31,484. Equity is growing by ~53.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 3757 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency88▲+17
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.81 in 2024; short-term debt: 36.5% and cash: 22.6% of total assets), and 36.5% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 dateAge against the risk zone
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
63.5%
Return on assets
-26.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-08-2026, 9 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 filingsDeviation from the deadline
2025
9 d late
2024
32 d early
2023
2 d early
2022
27 d late
2021
23 d late
2020
28 d late
2019
83 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 19 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€74,155▼ 29.8%
2024 · €105,639
Total assets
€116,850▼ 49.0%
2024 · €228,965
Net result
-€31,484
2024 · €59,133
Working capital
€34,280▼ 55.7%
2024 · €77,314
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
Line20212022202320242025
Operating result€14,458▲ 6.2%-€416€60,241€81,808▲ 35.8%-€31,300
Net result€12,042▼ 10.1%-€852€44,129€59,133▲ 34.0%-€31,484
Equity€3,230€2,377▼ 26.4%€46,506▲ 1,856%€105,639▲ 127%€74,155▼ 29.8%
Total assets€112,602▼ 17.2%€159,802▲ 41.9%€179,601▲ 12.4%€228,965▲ 27.5%€116,850▼ 49.0%
Debt€109,372▼ 24.5%€157,425▲ 43.9%€133,095▼ 15.5%€123,326▼ 7.3%€42,695▼ 65.4%
Working capital-€25,121▲ 40.7%-€24,129▲ 3.9%€12,888€77,314▲ 500%€34,280▼ 55.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €31,300 after €81,808 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116,850
Fixed assets
€39,875 ▼ 28.7%
Current assets
€76,975 ▼ 55.5%
Equity and liabilities €116,850
Equity
€74,155 ▼ 29.8%
Debt
€42,695 ▼ 65.4%
Debt's share of the balance-sheet total falls from 53.9% to 36.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€14,993▼
2024 · €98,115
Cash flow
-€15,177▼
2024 · €75,440
Current ratio
1.80▼
2024 · 1.81
Quick ratio
1.71▼
2024 · 1.76
Debt to equity
0.58▼
2024 · 1.17
ROE
-42.5%▼
2024 · 56.0%
ROA
-26.9%▼
2024 · 25.8%
Interest coverage
-77.68▼
2024 · 212.83
Debt ≤ 1 year
€42,695▼
2024 · €95,747
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.9%
went bankrupt
9.9%
stopped otherwise
88%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 4,815 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3,688 | €8,173 | €978 | €230 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,372 | €7,880 | €11,388 | €16,307 | €16,307 | = |
| Other operating charges640/8 | €371 | €695 | - | €542 | - | - |
| Non-recurring operating charges66A | - | - | - | - | €646 | - |
| Gross operating margin9900 | €24,889 | €16,332 | €72,607 | €98,887 | -€14,347 | ▼ 115% |
| Operating profit (loss)9901 | €14,458 | -€416 | €60,241 | €81,808 | -€31,300 | ▼ 138% |
| Financial income75/76B | €10 | - | €20 | €22 | €9 | ▼ 59.1% |
| Recurring financial income75 | €10 | - | €20 | €22 | €9 | ▼ 59.1% |
| Financial charges65/66B | €279 | €436 | €300 | €514 | €193 | ▼ 62.5% |
| Recurring financial charges65 | €191 | €128 | €162 | €461 | €193 | ▼ 58.1% |
| Non-recurring financial charges66B | €88 | €308 | €138 | €53 | - | - |
| Profit (loss) for the period before taxes9903 | €14,189 | -€852 | €59,961 | €81,316 | -€31,484 | ▼ 139% |
| Income taxes67/77 | €2,147 | - | €15,832 | €22,183 | - | - |
| Profit (loss) for the period9904 | €12,042 | -€852 | €44,129 | €59,133 | -€31,484 | ▼ 153% |
| Profit (loss) for the period to be appropriated9905 | €12,042 | -€852 | €44,129 | €59,133 | -€31,484 | ▼ 153% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112,602 | €159,802 | €179,601 | €228,965 | €116,850 | ▼ 49.0% |
| Fixed assets21/28 | €28,351 | €26,506 | €33,618 | €55,904 | €39,875 | ▼ 28.7% |
| Tangible fixed assets22/27 | €28,351 | €26,506 | €33,618 | €55,904 | €39,597 | ▼ 29.2% |
| Land and buildings22 | €19,350 | €16,801 | €16,276 | €16,200 | €15,675 | ▼ 3.2% |
| Plant, machinery and equipment23 | €9,001 | €9,705 | €17,342 | €39,704 | €23,922 | ▼ 39.7% |
| Financial fixed assets28 | - | - | - | - | €278 | - |
| Current assets29/58 | €84,251 | €133,296 | €145,983 | €173,061 | €76,975 | ▼ 55.5% |
| Stocks and contracts in progress3 | €4,114 | €4,114 | €4,114 | €4,114 | €4,114 | = |
| Stocks30/36 | €4,114 | €4,114 | €4,114 | €4,114 | €4,114 | = |
| Amounts receivable within one year40/41 | €52,503 | €96,211 | €89,372 | €140,980 | €46,469 | ▼ 67.0% |
| Trade receivables40 | €52,503 | €96,108 | €78,289 | €85,931 | €34,312 | ▼ 60.1% |
| Other amounts receivable41 | - | €103 | €11,083 | €55,049 | €12,157 | ▼ 77.9% |
| Current investments50/53 | €3,054 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €24,580 | €32,912 | €52,497 | €27,864 | €26,392 | ▼ 5.3% |
| Deferred charges and accrued income490/1 | - | €59 | - | €103 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112,602 | €159,802 | €179,601 | €228,965 | €116,850 | ▼ 49.0% |
| Equity10/15 | €3,230 | €2,377 | €46,506 | €105,639 | €74,155 | ▼ 29.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €709 | €709 | €709 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €709 | €709 | €709 | €1,860 | €1,860 | = |
| Legal reserve130 | €709 | €709 | €709 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€16,079 | -€16,932 | €27,197 | €85,179 | €53,695 | ▼ 37.0% |
| Amounts payable17/49 | €109,372 | €157,425 | €133,095 | €123,326 | €42,695 | ▼ 65.4% |
| Amounts payable after more than one year17 | - | - | - | €27,579 | - | - |
| Financial debts170/4 | - | - | - | €27,579 | - | - |
| Amounts payable within one year42/48 | €109,372 | €157,425 | €133,095 | €95,747 | €42,695 | ▼ 55.4% |
| Trade debts44 | €54,315 | €126,234 | €83,639 | €34,848 | €35,199 | ▲ 1.0% |
| Suppliers440/4 | €54,315 | €126,234 | €83,639 | €34,848 | €35,199 | ▲ 1.0% |
| Taxes, remuneration and social security45 | €6,367 | €31,191 | €16,193 | €27,636 | €7,496 | ▼ 72.9% |
| Taxes450/3 | €6,367 | €31,191 | €16,193 | €27,636 | €7,496 | ▼ 72.9% |
| Other amounts payable47/48 | €48,690 | - | €33,263 | €33,263 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,042 | -€852 | €44,129 | €59,133 | -€31,484 | ▼ 153% |
| + Depreciation and write-downs630 | €6,372 | €7,880 | €11,388 | €16,307 | €16,307 | = |
| Operating cash flow (approximation) | €18,414 | €7,028 | €55,517 | €75,440 | -€15,177 | ▼ 120% |
| Investment in fixed assets (approximation) | - | -€6,035 | -€18,500 | -€38,593 | -€278 | ▲ 99.3% |
| Change in cash | - | €8,332 | €19,585 | -€24,633 | -€1,472 | ▲ 94.0% |
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
09-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 9 days late
2025
31-12
Financial
Weakest financial yearnet -€31,484
Net result drops to -€31,484, the lowest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €59,133 ▲34%
Operating result €81,808, net result €59,133, both a record.
31-12
Financial
Equity above €100,000Eq €105,639 ▲127%
2 profitable years in a row build equity to €105,639.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €44,129
Net result €44,129 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2008
Ground area
7,228 m²
Building footprint
1,611 m²
Volume, LiDAR
27,141 m³
Parcel 21001A0392/00V000, Brussels · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
DDELEC
since 20082.177.627.828
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0392/00V000 | Brussels | 7,228 m² | 1 · 1,611 m² | 20.4 m · 6 fl. |
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.
Similar companies · same sector, comparable size
DE WILG
BE 0428.809.878
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BANANAS
BE 0427.631.626
Lier · Eq €72,307
THE BEACH LIGHTHOUSE
BE 0631.689.338
Oostende · Eq €71,982
KYNASI
BE 0840.910.915
Tremelo · Eq €71,976
Tastemakers
BE 0562.913.071
Antwerpen · Eq €71,627
Of 333 companies in sector 56302 we hold annual accounts for 169. 133 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 (pre-2019)
Founded20-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
56302Nightclubs
33200Installation of industrial machinery and equipment
42220Construction of utility projects for electricity and telecommunications
43240Other construction installation
43350Other building finishing work
74140Other specialised design activities
77222Rental and leasing activities
77223Rental and leasing activities
82300Organisation of conventions and trade shows
90201Performing arts by independent artists
90393Specialised image, lighting and sound technical services
90311Arts creation and performing arts activities
90392Design and construction of stages and sets
91220Libraries, archives, museums and other cultural activities
Contact
Phone
0495/90 83 44Anderlecht
E-invoicing
Reachable via Peppol
Peppol ID
0208:0807215588
Also
9925:BE0807215588
Registered
08-05-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.