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DE GRAVE ELECTRO

Active
Public limited companyfounded 198739 yrs activeEnsorlaan (James) 55, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0430.198.661
Summary

DE GRAVE ELECTRO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118,478 and a net result of -€43,395. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 9497 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
DE GRAVE ELECTROActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211NACE 45310
#6 oldest company in Vilvoorde, Construction sector1 site
Size
€121,575total assets 2025
Equity
€118,478
Loss
-€43,395
Turnover not published (abridged schema)
Financial health
86 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Board
1 member
Accounts filed 31 d late1 of 10 deeds read
Why 86- Loss of €43,395, the second in a row (FY 2025)- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 31.49, cash €18,488+ Founded in 1987Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Better than 44% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 100=
equity 97.5% of total assets
Liquidity 69+2
short-term debt 2.5% · cash 15.2%
Profitability 0=
return on assets -35.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▼ -1.7% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%▲ +3.4% vs 04-2025 06-2025: 0.1%▼ -4.9% vs 05-2025lowest value 07-2025: 0.1%▲ +10.3% vs 06-2025 08-2025: 0.1%▲ +59.4% vs 07-2025 09-2025: 0.3%▲ +220% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%▼ -0.9% vs 12-2025 02-2026: 0.3%● 0.0% vs 01-2026 03-2026: 0.3%● 0.0% vs 02-2026 04-2026: 0.4%▲ +10.5% vs 03-2026 05-2026: 0.4%▲ +1.7% vs 04-2026 06-2026: 0.4%▼ -2.2% vs 05-2026 07-2026: 0.4%▲ +4.2% vs 06-2026 08-2026: 0.6%▲ +56.2% vs 07-2026highest value 09-2026: 0.3%▼ -53.6% vs 08-2026 10-2026: 0.3%● 0.0% vs 09-2026
  • Loss of €43,395, the second in a row (FY 2025) raises the probability
  • Liquidity: current ratio 31.49, cash €18,488 lowers the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Founded in 1987 lowers the probability for this profile
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 31.49 against 25.38 in 2024; short-term debt: 2.5% and cash: 15.2% of total assets), and 2.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 67%, profitability 4%, growth against the median 15%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €43,395, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 31.49, cash €18,488
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 1987
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€43,395
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
29 d late
2021
31 d late
2020
61 d late
2019
59 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 38 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Reappointment: DE GRAVE Roger (director)State Gazette act
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Among the weakest 8% on net resultsector median €27,856 · 9,490 companies -€43,395 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€43,395 View
  • Active since 1987founded 09-01-1987 39 years View

By topic

Financials

Fiscal year
2025
Total assets
€121,575
Loss
-€43,395
Solvency
97.5%
Total assets▼ 27.4%
Net result
20182025
Go to Financials

Timeline

Events
18
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 26-06-2026Reappointment: DE GRAVE Roger (director)
  3. 28-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General electrical installation workNACE 43211
Founded
09-01-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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