DHE Electrics
ActiveThe computed 12-month bankruptcy probability of DHE Electrics is 2.1% (moderate). The 2025 annual accounts show equity of €401k and a net result of €-943. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 7719 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-18
Solvency93▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.2 against 3.48 in 2024; short-term debt: 12% and cash: 8.7% of total assets), and 32.3% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 d early
2024
14 d early
2023
13 d early
2022
4 d early
2021
26 d early
2020
11 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€401k▼ 4.1%
2024 · €418k
2020: €100k
2021: €215k
2022: €391k
2023: €321k
2024: €418k
2020 → 2025
Total assets
€592k▼ 10.5%
2024 · €662k
2020: €177k
2021: €477k
2022: €652k
2023: €642k
2024: €662k
2020 → 2025
Net result
€-943
2024 · €98k
2020: €95k
2021: €115k
2022: €176k
2023: €88k
2024: €98k
2020 → 2025
Working capital
€227k▼ 12.9%
2024 · €261k
2020: €72k
2021: €112k
2022: €258k
2023: €155k
2024: €261k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€215k-€391k▲ 81.6%€321k▼ 18.0%€418k▲ 30.5%€401k▼ 4.1%
Operating result€146k-€228k▲ 56.3%€120k▼ 47.4%€134k▲ 11.7%€5k▼ 96.0%
Net result€115k-€176k▲ 52.9%€88k▼ 49.6%€98k▲ 10.4%€-943
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 falls in 2025; 2025 is 96% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €592k
Fixed assets
€294k▼ 0.5%
Current assets
€298k▼ 18.6%
Equity and liabilities €592k
Equity
€401k▼ 4.1%
Debt
€191k▼ 21.4%
The debt ratio falls from 36.8% to 32.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€35k▼
2024 · €162k
Cash flow
€29k▼
2024 · €126k
Solvency
67.7%▲
2024 · 63.2%
Current ratio
4.20▲
2024 · 3.48
Quick ratio
4.20▲
2024 · 3.48
Debt / equity
0.48▼
2024 · 0.58
ROE
-0.2%▼
2024 · 23.3%
ROA
-0.2%▼
2024 · 14.8%
Interest coverage
6.04▼
2024 · 19.35
Debt
€191k▼
2024 · €243k
Debt ≤ 1 year
€71k▼
2024 · €105k
Debt > 1 year
€115k▼
2024 · €137k
Income taxes
€2k▼
2024 · €29k
Staff costs
€165k▼
2024 · €216k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€662k€592k▼
Fixed assets21/28€295k€294k▼
Tangible fixed assets22/27€295k€278k▼
Land and buildings22€227k€220k▼
Plant, machinery and equipment23€35k€26k▼
Furniture and vehicles24€0€11k▲
Leasing and similar rights25€32k€21k▼
Financial fixed assets28€822€16k▲
Current assets29/58€366k€298k▼
Amounts receivable within one year40/41€148k€241k▲
Trade receivables40€101k€145k▲
Other amounts receivable41€47k€96k▲
Cash at bank and in hand54/58€210k€52k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€662k€592k▼
Equity10/15€418k€401k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€413k€396k▼
Amounts payable17/49€243k€191k▼
Amounts payable after more than one year17€137k€115k▼
Financial debts170/4€137k€115k▼
Amounts payable within one year42/48€105k€71k▼
Current portion of amounts payable after more than one year42€21k€21k▲
Financial debts43€20k€0▼
Credit institutions430/8€20k€0▼
Trade debts44€36k€24k▼
Suppliers440/4€36k€24k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€28k€9k▼
Taxes450/3€4k€4k▼
Remuneration and social security454/9€24k€5k▼
Other amounts payable47/48€735€16k▲
Accrued charges and deferred income492/3€1k€5k▲
Income statement
Code20242025
Non-recurring operating income76A€3k€11k▲
Remuneration, social security and pensions62€216k€165k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€30k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€384k€203k▼
Operating profit (loss)9901€134k€5k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€127k€793▼
Income taxes67/77€29k€2k▼
Profit (loss) for the period9904€98k€-943▼
Profit (loss) for the period to be appropriated9905€98k€-943▼
Appropriation of the result
Profit (loss) to be appropriated9906€413k€412k▼
Profit (loss) brought forward from the previous period14P€316k€413k▲
Profit to be distributed694/7€0€16k▲
Return on contributions (dividend)694€0€16k▲
Social balance
Average headcount (FTE)90875.34.1▼
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-943 ▼101%
Net result drops to €-943, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2020net €176k ▲52.9%
Operating result €228k, net result €176k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €215k ▲114%
2 profitable years in a row build equity to €215k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
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.
07-08-2025
Resigned as Director
Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 2019
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.
Zonderschotsesteenweg 37A2220 Heist-op-den-BergGround area
809 m²
Building footprint
286 m²
Volume, LiDAR
714 m³
2 parcels, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DHE Electrics
since 20192.294.850.150
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K0239/00M002 | Flanders | 585 m² | 1 · 128 m² | 9.0 m · 2 fl. |
| 24472F0248/00H004 | Flanders | 224 m² | 1 · 158 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 4,500 EUR awarded · 4,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
Schemes
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Recognised contractor
4 categoriesDHE Electrics BV40261
Dual-learning approval
5 live approvals · 1 endedElektrische installaties duaal (so)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Elektrotechnisch installateur (vwo)
Installateur elektrotechnische basiscomponenten duaal (so)
Similar companies · same sector, comparable size
COECKELBERGHS
BE 0431.586.949
Kortenaken · Eq €401k
FraTech
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Zwevegem · Eq €401k
Myown
BE 0861.896.468
Dinant · Eq €402k
QUALITY LIFT
BE 0865.284.540
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TECHNICO
BE 0444.562.183
Kortrijk · Eq €400k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 6,984 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
46643Wholesale of electrical equipment, including installation materials
47521Retail sale of hardware, building materials, paint and glass (general range)
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@dhe-electrics.be