DIM-ELEC
ActiveSummary
DIM-ELEC has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €245,264 and a net result of €16,372. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 36386 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-19
Solvency83▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.98 in 2023; short-term debt: 26.8% and cash: 7.4% of total assets), and 41.8% of the assets are financed with debt.
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Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 12-06-2025, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
23 d late
2022
25 d late
2021
46 d early
2020
59 d early
2019
53 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 9 days before 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 (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#10 company by equity in Lessines, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16,372▼ 81.0%
2023 · €86,234
Working capital
-€22,307▼ 858%
2023 · -€2,328
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€22,580€40,635▲ 80.0%€34,140▼ 16.0%€135,563▲ 297%€30,559▼ 77.5%
Net result€16,929within the sector's middle half€24,351within the sector's middle half▲ 43.8%€20,969within the sector's middle half▼ 13.9%€86,234above the sector's middle half▲ 311%€16,372within the sector's middle half▼ 81.0%
Equity€97,338within the sector's middle half▲ 21.1%€121,689within the sector's middle half▲ 25.0%€142,658above the sector's middle half▲ 17.2%€228,892above the sector's middle half▲ 60.4%€245,264above the sector's middle half▲ 7.2%
Total assets€302,344within the sector's middle half▲ 7.4%€345,073above the sector's middle half▲ 14.1%€359,437above the sector's middle half▲ 4.2%€440,258above the sector's middle half▲ 22.5%€421,319above the sector's middle half▼ 4.3%
Debt€205,006▲ 2.0%€223,384▲ 9.0%€216,779▼ 3.0%€211,366▼ 2.5%€176,054▼ 16.7%
Working capital-€56,628below the sector's middle half▲ 18.4%-€92,442below the sector's middle half▼ 63.2%-€81,588below the sector's middle half▲ 11.7%-€2,328below the sector's middle half▲ 97.1%-€22,307below the sector's middle half▼ 858%
Solvency32.2%within the sector's middle half▲ 3.6pp35.3%within the sector's middle half▲ 3.1pp39.7%within the sector's middle half▲ 4.4pp52.0%within the sector's middle half▲ 12.3pp58.2%within the sector's middle half▲ 6.2pp
Current ratio0.41below the sector's middle half▲ 0.100.28below the sector's middle half▼ 0.130.39below the sector's middle half▲ 0.110.98below the sector's middle half▲ 0.590.80below the sector's middle half▼ 0.18
Return on assets (ROA)5.6%within the sector's middle half▲ 10.5pp7.1%within the sector's middle half▲ 1.5pp5.8%within the sector's middle half▼ 1.2pp19.6%above the sector's middle half▲ 13.8pp3.9%within the sector's middle half▼ 15.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 77% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €421,319
Fixed assets
€330,756 ▲ 4.7%
Current assets
€90,563 ▼ 27.2%
Equity and liabilities €421,319
Equity
€245,264 ▲ 7.2%
Debt
€176,054 ▼ 16.7%
Debt's share of the balance-sheet total falls from 48.0% to 41.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61,571▼
2023 · €164,483
Cash flow
€47,384▼
2023 · €115,154
Quick ratio
0.71▼
2023 · 0.96
Debt to equity
0.72▼
2023 · 0.92
ROE
6.7%▼
2023 · 37.7%
Interest coverage
7.10▼
2023 · 22.27
Debt ≤ 1 year
€112,870▼
2023 · €126,769
Debt > 1 year
€63,184▼
2023 · €84,598
Income taxes
€6,161▼
2023 · €41,942
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,818 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,527 | €20,116 | €23,319 | €28,920 | €31,012 | ▲ 7.2% |
| Other operating charges640/8 | - | €4,009 | €2,583 | €2,899 | €5,022 | ▲ 73.2% |
| Gross operating margin9900 | €49,845 | €64,761 | €60,042 | €167,382 | €66,593 | ▼ 60.2% |
| Operating profit (loss)9901 | €22,580 | €40,635 | €34,140 | €135,563 | €30,559 | ▼ 77.5% |
| Financial income75/76B | - | €0 | €0 | €0 | €642 | ▲ 3,210,050% |
| Recurring financial income75 | €1 | €0 | €0 | €0 | €642 | ▲ 3,210,050% |
| Financial charges65/66B | - | €9,136 | €6,150 | €7,387 | €8,668 | ▲ 17.3% |
| Recurring financial charges65 | €3,959 | €9,136 | €6,150 | €7,387 | €8,668 | ▲ 17.3% |
| Profit (loss) for the period before taxes9903 | €18,622 | €31,499 | €27,990 | €128,176 | €22,533 | ▼ 82.4% |
| Income taxes67/77 | €1,693 | €7,148 | €7,021 | €41,942 | €6,161 | ▼ 85.3% |
| Profit (loss) for the period9904 | €16,929 | €24,351 | €20,969 | €86,234 | €16,372 | ▼ 81.0% |
| Profit (loss) for the period to be appropriated9905 | €16,929 | €24,351 | €20,969 | €86,234 | €16,372 | ▼ 81.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €302,344 | €345,073 | €359,437 | €440,258 | €421,319 | ▼ 4.3% |
| Fixed assets21/28 | €262,451 | €309,270 | €306,438 | €315,818 | €330,756 | ▲ 4.7% |
| Tangible fixed assets22/27 | €262,451 | €309,270 | €306,438 | €315,818 | €330,756 | ▲ 4.7% |
| Land and buildings22 | - | €309,140 | €306,438 | €291,352 | €312,049 | ▲ 7.1% |
| Plant, machinery and equipment23 | - | - | - | €481 | €363 | ▼ 24.5% |
| Furniture and vehicles24 | - | €130 | - | €23,985 | €18,344 | ▼ 23.5% |
| Current assets29/58 | €39,893 | €35,803 | €52,999 | €124,440 | €90,563 | ▼ 27.2% |
| Stocks and contracts in progress3 | €7,213 | €9,208 | €5,000 | €3,000 | €10,914 | ▲ 264% |
| Stocks30/36 | - | €9,208 | €5,000 | €3,000 | €10,914 | ▲ 264% |
| Amounts receivable within one year40/41 | €6,599 | €4,762 | €15,682 | €43,029 | €47,909 | ▲ 11.3% |
| Trade receivables40 | - | €3,172 | €12,735 | €42,666 | €31,790 | ▼ 25.5% |
| Other amounts receivable41 | - | €1,590 | €2,947 | €363 | €16,118 | ▲ 4,340% |
| Cash at bank and in hand54/58 | €25,668 | €21,405 | €31,849 | €76,362 | €31,211 | ▼ 59.1% |
| Deferred charges and accrued income490/1 | - | €428 | €468 | €2,050 | €529 | ▼ 74.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €302,344 | €345,073 | €359,437 | €440,258 | €421,319 | ▼ 4.3% |
| Equity10/15 | €97,338 | €121,689 | €142,658 | €228,892 | €245,264 | ▲ 7.2% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €84,938 | €109,289 | €130,258 | €216,492 | €232,864 | ▲ 7.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €107,429 | €128,398 | €214,632 | €231,004 | ▲ 7.6% |
| Amounts payable17/49 | €205,006 | €223,384 | €216,779 | €211,366 | €176,054 | ▼ 16.7% |
| Amounts payable after more than one year17 | €108,484 | €95,138 | €81,477 | €84,598 | €63,184 | ▼ 25.3% |
| Financial debts170/4 | - | €95,138 | €81,477 | €84,598 | €63,184 | ▼ 25.3% |
| Amounts payable within one year42/48 | €96,521 | €128,245 | €134,587 | €126,769 | €112,870 | ▼ 11.0% |
| Current portion of amounts payable after more than one year42 | - | €13,346 | €13,662 | €20,750 | €21,413 | ▲ 3.2% |
| Trade debts44 | €5,454 | €5,629 | €18,428 | €1,817 | €7,491 | ▲ 312% |
| Suppliers440/4 | - | €5,629 | €18,428 | €1,817 | €7,491 | ▲ 312% |
| Taxes, remuneration and social security45 | - | €10,128 | €16,449 | €34,624 | €10,417 | ▼ 69.9% |
| Taxes450/3 | - | €10,128 | €16,449 | €34,624 | €10,417 | ▼ 69.9% |
| Other amounts payable47/48 | - | €99,143 | €86,049 | €69,577 | €73,548 | ▲ 5.7% |
| Accrued charges and deferred income492/3 | - | - | €715 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,929 | €24,351 | €20,969 | €86,234 | €16,372 | ▼ 81.0% |
| + Depreciation and write-downs630 | €25,527 | €20,116 | €23,319 | €28,920 | €31,012 | ▲ 7.2% |
| Operating cash flow (approximation) | €42,456 | €44,468 | €44,288 | €115,154 | €47,384 | ▼ 58.9% |
| Investment in fixed assets (approximation) | - | -€66,936 | -€20,487 | -€38,300 | -€45,950 | ▼ 20.0% |
| Change in cash | - | -€4,264 | €10,444 | €44,513 | -€45,151 | ▼ 201% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Highest result since 2018net €86,234 ▲311%
Operating result €135,563, net result €86,234, both a record.
31-12
Financial
Equity above €200,000Eq €228,892 ▲60.4%
4 profitable years in a row build equity to €228,892.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €121,689 ▲25%
2 profitable years in a row build equity to €121,689.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €16,929
Net result €16,929 after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 53 days late
2019
31-12
Financial
Weakest financial yearnet -€13,767
Net result drops to -€13,767, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Lessines · 1 establishment unit since 2009
Ground area
2,866 m²
Building footprint
229 m²
Volume, LiDAR
1,037 m³
2 parcels, Wallonia · tallest building 12.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DIM-ELEC
since 20092.178.004.742
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55023C0464/00X002 | Wallonia | 1,490 m² | 1 · 99 m² | 12.5 m · 4 fl. |
| 55023A0388/00K000indicative | Wallonia | 1,376 m² | 1 · 130 m² | - |
Linked by address, not proof of ownership
Good to know
1 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 22,829 companies in sector 43211 we hold annual accounts for 10,334. 7,941 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899236322
Also
9925:BE0899236322
Registered
04-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.