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DE SUTTER ELECTRONICS

Active
Public limited companyfounded 1977active for 49 yearsParkstraat 15, 9620 Zottegem, BelgiumKBO/BCE: BE 0417.316.665
Summary

DE SUTTER ELECTRONICS has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €334,140 and a net result of €146,940. Equity is shrinking by about 17% per year across the filed financial years. Its solvency ranks better than 36% of 2,396 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
General electrical installation work
NACE 43211Retail sale of electrical household appliances NACE 47540
4th largest employer in Zottegem, Construction sector1 site
Size
€1.0mtotal assets 2025
Staff
20.3 FTE
Equity
€334,140
Profit
€146,940
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
MELK & SUTTER · 100%
Accounts 15 days early1 of 6 deeds read
Why 89raises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1977Liquidity: current ratio 1.44, cash €164,650, halvedProfit of €146,940 (financial year 2025)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 58+2
equity 32.6% of total assets
Liquidity 41-26
short-term debt 56.9% · cash 16.0%
Profitability 87+5
return on assets 14.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,645 companies, NACE 43, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.44, compared with 1.37 in 2024, below the usual 1.5; short-term debt: 56.9% and cash: 16% of total assets), and 67.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 42% on solvency, 42% on liquidity, 85% on profitability and 31% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1977
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Liquidity: current ratio 1.44, cash €164,650, halved
NBB · annual accounts
lowers risk · Profit of €146,940 (financial year 2025)
NBB · annual accounts
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
23 days early
2023
23 days late
2022
31 days late
2021
31 days late
2020
31 days late
2019
27 days 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 15 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Resignations: DE SUTTER Johan Dirk Cyrille…Appointment: MELK & SUTTER (director)…

Key points

  • Positive: 4th largest employer in Zottegem, Construction sectorin the Checked rankings No. 4 View
  • Controlled by MELK & SUTTER 100% View
  • Active since 1977founded 01-07-1977 49 years View

By topic

Financials

Financial year
2025
Total assets
€1.0m
Profit
€146,940
Solvency
32.6%
Total assets▼ 5.6%
Net result
20182025
Go to Financials

Timeline

Events
52
Since
1978
Next accounts
by 31-07-2027
  1. 23-08-2024Annual accounts filed
  2. 31-08-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General electrical installation workNACE 43211
Founded
01-07-1977
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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