Active BE 0477.845.952Private limited company

DETECTO

Legeweg 2C ·8490 Jabbeke, Belgium· 24 yrs active

Sector: General electrical installation work (43211)

Conclusion Checked

DETECTO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €123k and a net result of €29k. Its solvency ranks better than 90% of 999 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€123k
Net result	€29k
Better than sector	90%
Active	24 yrs

Financial profile 5 of 5 axes measured · computed by Checked

97 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 100

Growth 85

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.8% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 2002, 24 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

100 / 100 Excellent

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€6k

estimate, not credit advice

Score history

100 2023

100 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 3.42 (≥ 1.5) +10

Quick ratio Quick ratio 3.42 (≥ 1.0) +5

Leverage Debt/equity 0.29 (< 1.0) +10

Profitability ROE 24% (≥ 10%) +10

EBITDA margin EBITDA-marge 73% (≥ 10%) +8

Interest coverage Interest coverage 304.1× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview22 NBB filings

Annual accounts filed on 16-06-2025 with the NBB · fiscal year 2024 · abbreviated schema

RevenueOperating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	77.7%	35.4%	better than 90% of 999 sector peers
Net result	€29k	€31k	better than 49% of 998 sector peers
Equity	€123k	€122k	better than 50% of 999 sector peers
Gross operating margin	€45k	€174k	better than 28% of 998 sector peers
Total assets	€158k	€528k	better than 28% of 999 sector peers

Revenue

€60k

+20.2% 23-24

EBITDA

€44k

+48.1% 23-24

Net profit

€29k

+29.9% 23-24

Cash flow

€30k

+31.5% 23-24

Total assets

€158k

+11.5% 23-24

Equity

€123k

+6.2% 23-24

Working capital

€85k

-20.2% 23-24

Income taxes

€13k

+117.0% 23-24

Dividends

€22k

0.0% 23-24

Debt

€35k

+35.1% 23-24

Debt ≤ 1y

€35k

+35.1% 23-24

Current ratio

3.42

-32.9% 23-24

Quick ratio

3.42

-32.9% 23-24

Solvency

77.7%

-4.8% 23-24

Debt / equity

0.29

+27.2% 23-24

ROE

23.8%

+22.3% 23-24

ROA

18.5%

+16.5% 23-24

Net margin

48.6%

+8.0% 23-24

EBITDA margin

72.7%

+23.2% 23-24

Interest coverage

304.12

+210.2% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023
Deposit	abbreviated schema	abbreviated schema
Revenue	€60k	€50k
EBITDA	€44k	€29k
Net profit	€29k	€22k
Cash flow	€30k	€23k
Staff costs	-	-
Income taxes	€13k	€6k
Dividends	€22k	€22k
Total assets	€158k	€142k
Equity	€123k	€116k
Debt	€35k	€26k
of which ≤ 1y	€35k	€26k
of which > 1y	-	-
Working capital	€85k	€107k
Employees (FTE)	-	-

Ratios (computed)

	2024	2023
Current ratio	3.42	5.10
Quick ratio	3.42	5.10
Working capital ratio	54.0%	75.4%
Solvency	77.7%	81.6%
Debt / equity	0.29	0.23
Long-term debt ratio	-	-
Interest coverage	304.12	98.05
Gross margin	66.9%	48.5%
Net margin	48.6%	45.0%
ROA	18.5%	15.9%
ROE	23.8%	19.4%
EBITDA margin	72.7%	59.1%
Days sales outstanding	640d	871d
Days payable outstanding	33d	4d
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2024

Assets

Fixed assets €38k · 23.8% Current assets €120k · 76.2%

Equity & liabilities

Equity €123k · 77.7% Debt €35k · 22.3%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€158k	€142k
Fixed assets	21/28	€38k	€9k
Tangible fixed assets	22/27	€38k	€9k
Current assets	29/58	€120k	€133k
Amounts receivable within one year	40/41	€116k	€125k
Cash & bank	54/58	€5k	€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€158k	€142k
Equity	10/15	€123k	€116k
Contributions / capital	10/11	€45k	€45k
Reserves	13	€78k	€71k
Accumulated profits (losses)	14	€2	-
Amounts payable	17/49	€35k	€26k
Amounts payable within one year	42/48	€35k	€26k
Trade debts payable within one year	44	€2k	€295
Income statement
Turnover	70	€60k	€50k
Gross operating margin	9900	€45k	€31k
Operating result	9901	€42k	€29k
Financial income	75	€114	€18
Financial charges	65	€143	€301
Result before taxes	9903	€42k	€29k
Income taxes	67/77	€13k	€6k
Net result for the period	9904	€29k	€22k
Result to be appropriated	9905	€29k	€22k

Legal Structure

NACE primary	General electrical installation work(43211)
Legal form	Private limited company(610)
Incorporation	28-06-2002
Status	Active
Postal code	8490

Establishment units 1 location

Legeweg 2 C, 8490 Jabbeke

NACE 4521503

since 20022.094.783.195

Real-estate footprint Source: CBE × cadastre

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31012B0287/00E000	Flanders	6,396 m²	1 · 245 m²	8.3 m · 1 fl.
31012B0538/00E000	Flanders	3,740 m²	1 · 256 m²	8.0 m · 2 fl.

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.

Updates 10 events

All 10Filings 10

2025

16-06