DEM -ELEC
ActiveDEM -ELEC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €141k and a net result of €2k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
83
/ 100
Excellent▼ -17 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability8▼-92
Solvency100▲+1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 6.85 against 2.86 in 2023), and 20.7% of the assets are financed with debt.
Credit advice for your own amount and term
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
49 d early
2022
33 d early
2021
19 d early
2020
2 d late
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€141k▼ 1.2%
2023 · €143k
2018: €64k
2019: €68k
2020: €79k
2021: €87k
2022: €110k
2023: €143k
2018 → 2024
Total assets
€178k▼ 21.3%
2023 · €226k
2018: €97k
2019: €92k
2020: €97k
2021: €119k
2022: €155k
2023: €226k
2018 → 2024
Net result
€2k▼ 96.0%
2023 · €58k
2018: €13k
2019: €4k
2020: €11k
2021: €21k
2022: €36k
2023: €58k
2018 → 2024
Working capital
€117k▲ 4.4%
2023 · €112k
2018: €59k
2019: €65k
2020: €77k
2021: €82k
2022: €99k
2023: €112k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€79k-€87k▲ 10.2%€110k▲ 26.0%€143k▲ 29.8%€141k▼ 1.2%
Operating result€15k-€21k▲ 45.4%€44k▲ 103%€81k▲ 85.2%€-675
Net result€11k-€21k▲ 87.6%€36k▲ 70.9%€58k▲ 60.8%€2k▼ 96.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €675 after €81k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €178k
Fixed assets
€41k▼ 23.9%
Current assets
€137k▼ 20.5%
Equity and liabilities €178k
Equity
€141k▼ 1.2%
Debt
€37k▼ 55.9%
The debt ratio falls from 36.8% to 20.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€13k▼
2023 · €89k
Cash flow
€16k▼
2023 · €66k
Solvency
79.3%▲
2023 · 63.2%
Current ratio
6.85▲
2023 · 2.86
Quick ratio
3.30▲
2023 · 1.87
Debt / equity
0.26▼
2023 · 0.58
ROE
1.7%▼
2023 · 40.6%
ROA
1.3%▼
2023 · 25.6%
Interest coverage
6.73▼
2023 · 94.17
Debt
€37k▼
2023 · €83k
Debt ≤ 1 year
€20k▼
2023 · €60k
Debt > 1 year
€16k▼
2023 · €22k
Income taxes
€-4k▼
2023 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€226k€178k▼
Fixed assets21/28€53k€41k▼
Tangible fixed assets22/27€53k€41k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€46k€36k▼
Current assets29/58€172k€137k▼
Stocks and contracts in progress3€60k€71k▲
Stocks30/36€60k€71k▲
Amounts receivable within one year40/41€61k€26k▼
Trade receivables40€31k€11k▼
Other amounts receivable41€30k€15k▼
Cash at bank and in hand54/58€49k€38k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€226k€178k▼
Equity10/15€143k€141k▼
Contributions10/11€6k€6k=
Reserves13€136k€135k▼
Distributable reserves133€136k€135k▼
Amounts payable17/49€83k€37k▼
Amounts payable after more than one year17€22k€16k▼
Financial debts170/4€22k€16k▼
Amounts payable within one year42/48€60k€20k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€2k-
Credit institutions430/8€2k-
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€25k€2k▼
Taxes450/3€25k€2k▼
Other amounts payable47/48€26k€9k▼
Accrued charges and deferred income492/3€1k€876▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€13k▲
Other operating charges640/8€6k€3k▼
Gross operating margin9900€95k€16k▼
Operating profit (loss)9901€81k€-675▼
Financial income75/76B€3k€816▼
Recurring financial income75€3k€816▼
Financial charges65/66B€946€2k▲
Recurring financial charges65€946€2k▲
Profit (loss) for the period before taxes9903€82k€-2k▼
Income taxes67/77€25k€-4k▼
Profit (loss) for the period9904€58k€2k▼
Profit (loss) for the period to be appropriated9905€58k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€62k€2k▼
Profit (loss) brought forward from the previous period14P€4k-
Transfer from equity791/2€15k€4k▼
Transfer to equity691/2€52k€2k▼
To the legal reserve6920€0-
To other reserves6921€52k€2k▼
Profit to be distributed694/7€25k€4k▼
Return on contributions (dividend)694€15k€4k▼
Directors or managers695€10k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €2k ▼96%
Net result drops to €2k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 6.85
Current ratio from 2.86 to 6.85; short-term debt falls from €60k to €20k.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €58k ▲60.8%
Operating result €81k, net result €58k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €110k ▲26%
5 profitable years in a row build equity to €110k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Vielsalm · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Regné 39C6690 VielsalmGround area
3,341 m²
Building footprint
237 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
DEM-ELEC
since 20112.199.014.150
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82006A1694/00D000 | Wallonia | 2,302 m² | 1 · 118 m² | - |
| 82006A1671/00G000 | Wallonia | 1,038 m² | 1 · 119 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 8,614 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-04-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0498/645051